My Advice on Investing in Crypto

[nguyenthanhvien]

Thank you. Useful articles you should read it. It gave me a better mood at this point when the market went down, I was quite depressed when my property lost 50%. Hope the market will have good news in the next few months.

[patrickj]

Agree to your explanation, we should make our money work for us but we can't deny the possibilities of risking our hard earned money even though we research alot about a certain venture company. It is not how we can handle that situation, instead the question is why we are doing these?
Well, to earn profits for future life journey. We must be wise to spend our money in good thing, so cryptocurrency is one of it because I believe that these are our future currency. We should now act and take some risks.

[Kurokyy]

This is one best post i have ever seen in forum,purely advising for the benefits of majority  to prevent being victim of those fake projects,and those who dont know how to invest and on what aspect they should invest

Thanks for your advice, but now there are quite a few people who give up crypto because they are too risky, their capital loss ability is high. However, many people understand the business and make a profit from it.

They give up because they are weak and noob,they're greediness brings them to losses because all they want when they join for money but not for the technology,before you enter profiteering we must learn first everything about its fundamentals

It takes courage and willingness to learn and be part of the field. It's risky, you need to strategize, gain more knowledge, and continue to explore new ideas. Never be afraid to fail, learn from mistakes and take on new challenges. Take diversification as a strategy, don't put all assets in one market to help reduce massive losses and invest an amount you can afford to lose.

Those traders today who are holding their coins fora very long time are well experienced because they knew how the market works and they study different scenario about how the prices are increasing or dumping due to volatility.

[wuvdoll]

Investing on crypto is not just putting your money and it will automatic grow in the market. It has involve a lot of effort, determined to earn in crypto industry. You have to search all throughout the best profit since this is very risks thing to do.

Yes I agree with you. I'm not expert in this industry but my advice is do not be scared to take a risk. Do your bedt and be wise. You should have also enough information about crypto. And lastly, always monitor you account frequently.

Having enough information and understanding of the crypto space is actually the best and easiest way to stay smart and make good decisions in the cryptocurrency space.

Most people do not understand that there is no way you can do well in any decision making when you are not informed, as that information you have is what will assist you in taking the right step most of the time, which is one of the reasons why some who got the wrong information thinking cryptocurrency is more like a get rich quick scheme without doing more research on what the space entirely is like are the ones that panic so easily.

[upsidedown75]

I believe that bitcoin and technology. The first place. I do a new cryptocurrency, the best cryptocurrency. The first to invest, and the market will bear with me as well, and technology. I even its stabilized and the market

Just like in real life, if you are trying to invest and you do not know much about your investment area, you are really going to end up terribly bad and fumbling a lot. It is normal, without the knowledge that you have equipped yourself with, there is no way you can thrive in any industry that you are in, and the same applies to the cryptocurrency environment.

It is not about rushing into anything but taking your time to do due diligence about the cryptocurrency world and never stop doing your due diligence even as time goes on.

[anntlevel]

As far as I can see, in order to invest in this market you need to understand its nature before investing. This will give you confidence and perseverance when the market goes down.

I will suggest you to invest in the Bitcoin if you are with enough knowledge and if you are not with enough knowledge then you need to stand on the side of the market and should learn how things work. After learning the processes and knowledge I will still suggest you to invest and get experience in short term investments first and then after getting that much experience you will easy upgrade to the Bitcoin.

[mbenga]

 I am fully supporting your opinion, and this is definitely not the getting-rich-quick scheme, but anyway some of the people are thinking that the cryptocurrencies are just in this purpose.

[yuukireit]

well that instresing for begin investing in the ico, invesing in any glorius coin are hard to gain more profit in it, beacuse the risk of falling increase very high, but with an ico, it can gain a benifit in it, if the project sucess you can gain profit more and if failed you maybe losing a little money, but the point is right if sometimes ico are really good to investing

[The_Dark_Knight]

Thanks for your advice, but now there are quite a few people who give up crypto because they are too risky, their capital loss ability is high. However, many people understand the business and make a profit from it.

Those that are giving up right now are people that should not have invested in cryptocurrencies at all, they invested thinking they were going to make some easy money in some weeks or months and now if they are lucky they will need to hold for years to get their money back, let this be a lesson for all of them, do not invest in something you do not understand, if you do, making money in this market is possible.

[yndye]

Thanks for your advice, but now there are quite a few people who give up crypto because they are too risky, their capital loss ability is high. However, many people understand the business and make a profit from it.

Those that are giving up right now are people that should not have invested in cryptocurrencies at all, they invested thinking they were going to make some easy money in some weeks or months and now if they are lucky they will need to hold for years to get their money back, let this be a lesson for all of them, do not invest in something you do not understand, if you do, making money in this market is possible.

It's just a lesson for the investors who get in the hype last December to not just be easily be persuaded to invest in something that is very risky especially if it is money they cannot afford to lose. As far as I know, many credit card companies suspend their services to the people who use it to purchase crypto because many wasn't able to pay off what they borrowed last December so it is a lost for those companies already. Just research first on where your money would go and do not think that crypto is a get rich quick scheme because more likely you will end up losing more believing in those HYIPs.

[InKiTy38]

My advice on investing in the market is that we should diversify your investment so do not focus on a particular kind of risk so your risk is high so you should pay back your investment.

[frowsiter]

Off course the general idea is to put your money at risk and try to be stubborn on your decisions when you are investing your money into the crypto currency. There is no way to get wealth as long as you are striving to work hard and smart in the crypto space. As far as bitcoin is considered it is the prime currency or asset for the people who enters in the crypto market and everything starts with it only. Focusing on few ways of earnings in the crypto currency can really set our passive income and by doing so financial stability can be achieved. Good article for reading and knowing few facts of it.

[neocry43]

Fantastic article and great point "There is not a get-rich-quick scheme." I joined crypto 4 years back but left it when the price of bitcoin fell to 200$ again i started the crypto in june 2017 just to know what i have lost i did not invest my time in crypto and was looking for get rich scheme hence i am now at same position where i was 4 years ago. But now i have learned from my mistakes and will try to come up in future.

[daringkhan30]

Well you elaborated so many things in one article but it is always vital that "When" to sell. People who has some idea to sort out this question "When" has bright future ahead. many people are too afraid to lose future returns by not selling at perfect time.

[btc-facebook]

Overall it's a great advice for investing purpose but if we talk about crypto trading, it's far more risky than ordinary trading ( stock exchange )
As we know bitcoin value can change almost 50% in a week that will make whale trader gone crazy because they are experience major loss !

Since I've commit myself to be a pure investor, I try to stay calm and stay hold no matter what will happen on bitcoin

[sheenshane]

Overall it's a great advice for investing purpose but if we talk about crypto trading, it's far more risky than ordinary trading ( stock exchange )
As we know bitcoin value can change almost 50% in a week that will make whale trader gone crazy because they are experience major loss !

Since I've commit myself to be a pure investor, I try to stay calm and stay hold no matter what will happen on bitcoin

I also appreciated in the OP post it has an addition of knowledge to us when it comes to investing.
I agreed on you mate, that's the reason why I didn't invest other altcoins aside from bitcoin no matter how a market in bitcoin price down it is always has a recovery from the dip. So, it is worth it always to invest bitcoin no matter what will happen the price.

They say that investing in crypto is always in risk, but for me, the risk is a part of success but I have chosen for those have a high potential value of coins like bitcoin.

[embargo]

Investing in crypto-currencies must certainly be approached wisely. You can invest in bitcoin only those few free funds that are not so important to you. And keep in mind that the term of investment can be great because of the volatility of the market.

[sieemma]

Very good explanation by the original poster. I was thinking bounty was not a form of investment and as we do call it, it is free money but I have now known that our time is money so we invest time when we do bounties:D

[deppil]

Overall it's a great advice for investing purpose but if we talk about crypto trading, it's far more risky than ordinary trading ( stock exchange )
As we know bitcoin value can change almost 50% in a week that will make whale trader gone crazy because they are experience major loss !

Since I've commit myself to be a pure investor, I try to stay calm and stay hold no matter what will happen on bitcoin

You right. bitcoin investment is different from other investment. fluctuation in bitcoin market is very high. and to become a bitcoin investor. You must have patience and not panic easily. because whenever the price can go down very deep and drive you crazy

[Bitexpert2017]

For those who have invested crypto let me tell you this, you should be familiarized the coin you have invested and be careful of what you are doing coz scammers are very genius they may scam your money.