My Advice on Investing in Crypto

[d0flaming0]

For me it is a dumb thing to enter a market and start to trade without knowing a structural things about how it actualy operates, so patience and researches!

Even the most patient, knowledgeable and intelligent person in the world might go wrong with cryptocurrency.
Sometimes no amount of technical knowledge can help you to predict some of the market shifts - most ICO trading is like this.
Every ICO is promising amazing gains and ROI - in the past, even some highly famous project turned out to be 'not that good' (to say lightly).

I fully agree with this statement. In my opinion, you should start learning about crypto, visiting reliable sources and start your experience. Learn by doing is probably the very best option available, important is not to gamble too much with speculation.

experience is one of the best teacher we could have. i support your idea that even the most knowledgeable and patient person in this world might commit mistakes in this field. although we are pretty sure that we risk money for this, there is no guarantee what will happen next in the market, so the best way to know is to try it.

[krauzzer02]

Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job.  It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn.  Pay yourself first by investing.

Invest you are willing to lose not to invest you can't willing to lose from a hard-earned profit, this should be the most fundamental basis for all of the investments not just to cryptocurrencies but in general but people tend to be swallowed by greed or rush, budget your part of your investments and savings, invest smarter then profit later great post by the way.

[Thanasis]

Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job.  It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn.  Pay yourself first by investing.

Invest you are willing to lose not to invest you can't willing to lose from a hard-earned profit, this should be the most fundamental basis for all of the investments not just to cryptocurrencies but in general but people tend to be swallowed by greed or rush, budget your part of your investments and savings, invest smarter then profit later great post by the way.

If something called as investment then it also comes with the risk factors,and in my opinion no one can become rich by hard working from 9am to 5 pm,if someone want to become a millionaire then smart investment is needed and need to take calculated risks and need to have backup plans.Don't be too greed need to have a margin of profit when it reached then we have to cashout.

[Dudeperfect]

A very helpful article, when it comes to crypto it is a wild market and hence there are multiple opportunities to gain handsome profit from the volatility. However, one should always take extreme precaution while trading in Crypto because it is a high-risk high reward game and one can lose his entire capital (like me as I have lost my entire capital multiple times in my initial days of trading). It is recommended not to invest more than the Lost bearing capacity of the investor. For me I am following the rule of Warren Buffett, he says " be fearful when others are greedy and be greedy when others are fearful". This rule is working for me and it really helps me while investing.

[isidrorex]

My advice to people who are new to the cryto world who wants to invest in cryptocurrency is that before investing your money, invest yourself first in studying and learning about cryptocurrency, Bitcoin, and trading rules and tips so that by the time you already invested your money, you already know what to do and how to manage your money. Youtube and Google can really help. It's a long way to go, hope this would help. Good luck, traders!

[pankowri]

Now-a-days cryptocurrency has become a priority for business sector.In this sector u can income more money without invest.Cryrpto give the chance to be a perfact financing. So my advice is first work is read about crypto then invest tenson free.

[Naman1111]

In my opinion, you should start learning about crypto by visiting reliable sources. Learn by doing and following right people.  
First watch and learn. Initially you will lose money but that should not distract you and make you afraid. Analyse the good projects and invest in them Trade less and HODL more.
Do not try to trade as it will burn holes in your pocket. Speculation in crypto is bad

[Topaz72]

Now-a-days cryptocurrency has become a priority for business sector.In this sector u can income more money without invest.Cryrpto give the chance to be a perfact financing. So my advice is first work is read about crypto then invest tenson free.

No doubt bitcoin is at very high demand as most of people are now ready to get bitcoin with is making the price high, crypto currency specially the bitcoin is full of opportunities as it increase in price after every time and then most of people ending up with profit so same as those a lot of people I save bitcoin in wallet after you buy at very low price and hold with patience for the long time as now a say is my time to hold ad don’t sell at panic.

[winterland]

I do not think I need to rush to invest in a particular crypto, the most important is to learn well, recognize the developer, the system, and also the technology, because I do not think we should invest into something that we have not really known. So digging as much information as possible and accurately is probably the most important key I personally think.

That is always the idea. Never rush to invest in anything but take your time, get to see how you can be a part of the system, know all that you need to know and then start making decisions based on that. For those who are learned in this environment, it is always easy for them to make certain decisions without getting screwed or bothered about what may be going on in the market as long as they are sure of what they are doing. Not being sure or ignorance is what has led so many people to panicking at the slightest volatility move the market makes.

While this is the correct advice at the same time the reason people do not listen to it is because they want to obtain profits with cryptocurrencies in a rapid way because they have heard from their friends that you can make very easy profits, so they get a distorted idea of what it means to invest in cryptocurrencies, even if the volatility is very high the same principles that apply to any other investment applies to cryptocurrencies.

[selline]

Now-a-days cryptocurrency has become a priority for business sector.In this sector u can income more money without invest.Cryrpto give the chance to be a perfact financing. So my advice is first work is read about crypto then invest tenson free.

cryptocurrency is very close to the word investment. almost wholly here is an investment. we must be smart in making decisions for our investment. do not get caught in the wrong thing

[laravuemaster]

This is a very good explanation on crypto investing. Investing in crypto is very exciting, but should always be taken with caution. Crypto investments are highly volatile, which means one can make big gains and big losses. But what’s even more exciting than financial gain is the technology development. Blockchain is unleashing massive innovation, and the entire World is participating in this excitement. No one knows for sure what company will thrive in the future, but if you find a company with the right team and the right technology, then you are on right track to identifying a  good crypto investment.
 

The only reason why most of the traders are losing a huge amount of profit is that, they are not well knowledgeable about how the market work's but still they invest immediately because of the hype on social media's.

[Nerman]

This is a very good explanation on crypto investing. Investing in crypto is very exciting, but should always be taken with caution. Crypto investments are highly volatile, which means one can make big gains and big losses. But what’s even more exciting than financial gain is the technology development. Blockchain is unleashing massive innovation, and the entire World is participating in this excitement. No one knows for sure what company will thrive in the future, but if you find a company with the right team and the right technology, then you are on right track to identifying a  good crypto investment.
 

The only reason why most of the traders are losing a huge amount of profit is that, they are not well knowledgeable about how the market work's but still they invest immediately because of the hype on social media's.

I agree, people who invest/trade because of hypes and without enough knowledge with the market will lose their money in a jiffy. Investing not only in crypto currency but all market requires knowledge. You need to know what you are getting into.
There is  a lot of money to be made in crypto currency you just need to be knowledgeable or at least patient and not a panic seller.

[Sled]

This is a very good explanation on crypto investing. Investing in crypto is very exciting, but should always be taken with caution. Crypto investments are highly volatile, which means one can make big gains and big losses. But what’s even more exciting than financial gain is the technology development. Blockchain is unleashing massive innovation, and the entire World is participating in this excitement. No one knows for sure what company will thrive in the future, but if you find a company with the right team and the right technology, then you are on right track to identifying a  good crypto investment.
 

The only reason why most of the traders are losing a huge amount of profit is that, they are not well knowledgeable about how the market work's but still they invest immediately because of the hype on social media's.

I agree, people who invest/trade because of hypes and without enough knowledge with the market will lose their money in a jiffy. Investing not only in crypto currency but all market requires knowledge. You need to know what you are getting into.
There is  a lot of money to be made in crypto currency you just need to be knowledgeable or at least patient and not a panic seller.

Great advice and that what should the people always remember, you need to know what you are trying to get into because if you don't know then you will just look foolish in the market and a lot of people will take advantage of your ignorance and they will use you in order for them to have a progress in the market.

[miningguru]

For me it is a dumb thing to enter a market and start to trade without knowing a structural things about how it actualy operates, so patience and researches!

Even the most patient, knowledgeable and intelligent person in the world might go wrong with cryptocurrency.
Sometimes no amount of technical knowledge can help you to predict some of the market shifts - most ICO trading is like this.
Every ICO is promising amazing gains and ROI - in the past, even some highly famous project turned out to be 'not that good' (to say lightly).

I fully agree with this statement. In my opinion, you should start learning about crypto, visiting reliable sources and start your experience. Learn by doing is probably the very best option available, important is not to gamble too much with speculation.

In order to get awareness and experience you need spend time in learning because, in the beginning, it is very difficult to understand because crypto's completely based on the technology behind it. Yes, we have to divert our investment into different other good projects.

[cahbagus555]

Its great opinion. I am believe that if we want to make success on every investment we make, we should set target. Target will make us more analytic on market and more carefull. The most important thing is we should can relax with our investment

[arpon11]

The investment in cryptocurrencies is a very risky investments platforms and we are not going to have it better than were we are today in trading.  What many traders did not know is that the market has it own mind and we should just think alone with the directions of any assets' directions and we would make money from them.

[BitcoinMarketer39]

Pretty good post. Crypto does appeal to people who don't have a lot of money to invest. It is the beginning of a brand new type of currency and we are just getting in on it. Most people don't even understand how it works yet or think that it's a scam. Although, honestly, a lot of people think that about foreign exchange and the stock market too. The delayed gratification necessary to lay out your money for crypto instead of toys and gadgets will pay off.

Investing on cryptocurrency is not that easy because not every coin in the market is really profitable and that is the reason why you should base on their platform in order to determine if there is a future on their project.

[prtty2gal2]

For me it is a dumb thing to enter a market and start to trade without knowing a structural things about how it actualy operates, so patience and researches!

Even the most patient, knowledgeable and intelligent person in the world might go wrong with cryptocurrency.
Sometimes no amount of technical knowledge can help you to predict some of the market shifts - most ICO trading is like this.
Every ICO is promising amazing gains and ROI - in the past, even some highly famous project turned out to be 'not that good' (to say lightly).

I fully agree with this statement. In my opinion, you should start learning about crypto, visiting reliable sources and start your experience. Learn by doing is probably the very best option available, important is not to gamble too much with speculation.

Investment needs your knowledge your actions according to the market and your contact with the market. The crypto business in an internet dependant business or work so we should always monitor the market once a day or twice but do not take it more crazy because the Bitcoin is a  long term investment and you will get the price later if invested in the start of year at the low market price.

[wuvdoll]

Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job.  It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn.  Pay yourself first by investing.

Invest you are willing to lose not to invest you can't willing to lose from a hard-earned profit, this should be the most fundamental basis for all of the investments not just to cryptocurrencies but in general but people tend to be swallowed by greed or rush, budget your part of your investments and savings, invest smarter then profit later great post by the way.

The big concern with investing what you are willing to lose is that people just do not understand that context. They zoom their mind into the idea of a ponzi scheme where you can end up losing everything, but they are not getting the fact that, even though there is a future for this market, nothing is guaranteed.

Plus, there is a huge level of volatility but the only way to not get emotional when the volatility comes is to invest what you would not even be scared about and can easily wait it out for the long term benefit or even use those dips to buy some little more.

[speedy963]

Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job.  It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn.  Pay yourself first by investing.

Invest you are willing to lose not to invest you can't willing to lose from a hard-earned profit, this should be the most fundamental basis for all of the investments not just to cryptocurrencies but in general but people tend to be swallowed by greed or rush, budget your part of your investments and savings, invest smarter then profit later great post by the way.

The big concern with investing what you are willing to lose is that people just do not understand that context. They zoom their mind into the idea of a ponzi scheme where you can end up losing everything, but they are not getting the fact that, even though there is a future for this market, nothing is guaranteed.

Plus, there is a huge level of volatility but the only way to not get emotional when the volatility comes is to invest what you would not even be scared about and can easily wait it out for the long term benefit or even use those dips to buy some little more.

They just don't really understand the real concept of investing, although we cannot blame them because it is their own perception of how investment really works, and that is also why it is called a big risk because you cannot really guarantee what is next. They just over think too much about little things while ending up to skme negative conclusions.