My Advice on Investing in Crypto

[peacefulpeace]

it is very rewarding investing in crypto but caution must be taken so as not to take a non calculated risk. In investing in crypto one should be emotional ready, with a proper understanding of the market and knowing the volatility nature of the market. Crypto investment should not be relied on as a means to get rich overnight, offcourse is possible but one should not solely rely on crypto to break even. One should invest in crypto with spare funds, funds that one can easily let go of.

[xyandrobot]

Understanding good investment and provide great benefits. I love to read your topic. your topic is very helpful to users in this forum.

[angrynerd88]

Beautifully well described,From my side i will add here that as for investing must diversify the investment and invest in stable coins that if you lose the money from one side coins another coins will save you.Most important learn to control the emotions and show patience never be hurry to buy or sell.Buy at minimum and sell at high when maximize the profit.

[kinamotorami]

If we want to invest in BTC, we have to be patient, patient, waiting patiently, which will help us succeed on the path of choice. It is possible that during this time the market will decline but in the future prices will rise.

[voztata]

Investing in cryptocurrency is a mechanism for building wealth, but it is not only for the wealthy. This is why our community is growing.  Anyone can get started investing in crypto, and various options (BTC, ALT Coins, ICO’s) make it easy to begin with small amounts of fiat and add to a build a portfolio. What differentiates investing in crypto from gambling is that it takes time!  There is not a get-rich-quick scheme.

The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.”
Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time.
 
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.
 
Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification.  New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires.  Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future.
 
There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives.  There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help.
No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.

You must set goals.  What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire.  Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process.
Risk can mean a lot of things.  Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero.  ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto.  Do you remember what happened in 2008?  The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history.  Severe market corrections are not uncommon, especially in cryptocurrency!

How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money.  This is your time horizon.  Usually, the younger you are the less thought you give to fluctuations in the value of your investments.  This is the volatility of an investment.  You should align your investments with your time horizon.
How long are you going stay in an investment?  Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy.  There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor.  I am not saying that you need to hold an investment forever.  Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.

Some crypto-investment vehicles require sophisticated knowledge and monitoring.  Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices.  An easy route is to choose a variety of cryptocurrencies.   A diverse portfolio of BTC, ETH, LTC, and BCH.  Crypto investors with more knowledge and experience might consider ICO’s.  It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.  

Many people believe that it favor the wealthy more than the poor investors that are into it. Well,  as for me, I believe that bitcoin is balanced and does favor any particular group of persons or whatever it is that others believe, I just believe that bitcoin is mostly about luck and how smart you are.

If you are smart enough, you will know when it’s  right for you to sell out and quit playing games around. There is nothing wrong with selling out just to cut your loss and buying back the coin when price starts going up.

[Rollkal]

There are a lot of tips for you, but if you want to earn big profits, you must first patience, patience in waiting for the pennies to rise again.

[Streamlink]

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.

Keep in mind that always focus on the present market situations in order to get benefit because the market of Bitcoin has benefits either in low market or high market. All we need is to understand situations and to make good decisions. Now we are in a low market so our benefit is further investment with which we can get large quantity coins on low investment amount.

[daicavung]

Be patient, this is the main factor to bring success to you. Perhaps in the future the price of coins will increase so waiting patience is best now we should do.

[SirLancelot]

Investing in cryptocurrency is a mechanism for building wealth, but it is not only for the wealthy. This is why our community is growing.  Anyone can get started investing in crypto, and various options (BTC, ALT Coins, ICO’s) make it easy to begin with small amounts of fiat and add to a build a portfolio. What differentiates investing in crypto from gambling is that it takes time!  There is not a get-rich-quick scheme.

The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.”
Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time.
 
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.
 
Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification.  New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires.  Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future.
 
There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives.  There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help.
No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.

You must set goals.  What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire.  Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process.
Risk can mean a lot of things.  Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero.  ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto.  Do you remember what happened in 2008?  The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history.  Severe market corrections are not uncommon, especially in cryptocurrency!

How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money.  This is your time horizon.  Usually, the younger you are the less thought you give to fluctuations in the value of your investments.  This is the volatility of an investment.  You should align your investments with your time horizon.
How long are you going stay in an investment?  Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy.  There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor.  I am not saying that you need to hold an investment forever.  Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.

Some crypto-investment vehicles require sophisticated knowledge and monitoring.  Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices.  An easy route is to choose a variety of cryptocurrencies.   A diverse portfolio of BTC, ETH, LTC, and BCH.  Crypto investors with more knowledge and experience might consider ICO’s.  It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.  

Of course our community is growing everyday but there are still people who dont understand what bitcoin is all about, they still think that bitcoin is only meant for the rich and not the poor people. But that’s where I started,I once had nothing and was looking for opportunities and I found that opportunity in bitcoin so I hope that others do the same too.

I know that we are all not the same and not everyone makes it,  but it’s good to always work hard, if bitcoin doesn’t work for you, then you can go for something else.

[deppil]

Ensure you invest in project that has a working product, Do not invest base on space hype or ICO review, invest base on your knowledge and understanding about the project, and what they are out to offer in the cryptocurrency space that will ensure they are relevant to the space in order to get the best value for you investment

Yeah maybe when you want to look for potential ico, then you should look for ico who has a project that really has an innovative idea
and is very likely to run. you know there are many things to consider such as team formation and roadmap. never forget the research

[gowobonyok]

in essence we should not rush in taking the decision to buy coins to be invested. because when a market crash occurs, it will make us panic when we have a lot of balance in the wallet. that's what I often see in some people who panic on the state of their coins when the market crashes. it is preferable to hold one of the most potential coins, namely bitcoin or etherum, although both also have great risks as well.

[Topaz72]

Only thing I know that we need to invest the money we do not need. I do not believe day trading.

That is right and is something I have been of the view. One should only invest the money that is simply not needed in the near future. Such an investment in crypto will not make panic and chaos and will rather enable you to hold the portfolio for long. The long term is preferred over short term because in the long term, getting a good portion of rise in the values of crypto is the ultimate quest. Since we do not have a perfect trading market, we might not earn as much in day trading as one can in long term investment.

[bennypagulayan]

Well, such a very long airticle, you deserve some merit though, wish I had one but alas. But as you have said, prior to any investment in cryptocurrency, there should be probably monitoring of it before entering into it to avoid loss. Most new investors makes this mistakes by just jumping into it without probably look into.

Agreed, many people does overlooking on cryptocurrencies in wish for big profit but in the reality engaging onto cryptocurrencies you will be needing a deep understanding especially on the market and wide knowledge about technology. Year ago was way too far from what the market is now, just think of how many people are being introduced about cryptocurrency world.

There are many new entrants to the cryptocurrency market in 2018 after having witnessed the strong growth of the entire market in 2017. A large number of new entrants to the market have made Whales easily invest more mentally due to newcomers who are not experienced in this market.

[PEDROMAP]

Information is the key for any good investment, and BitcoinTalk is a good way to gather that information, even earning the first satoshis to start those investments going like bounties, signatures, what to mine or what and when to trade. Its all about information the more you have the more accurate your decision/investments will be.

[binghope]

Be patient, that is the key to your success in this market, if you do not succeed then you review your knowledge.

[Ekimzjames20]

Be patient, that is the key to your success in this market, if you do not succeed then you review your knowledge.

Investing in crypto is the best because it brings you a big profits. That the other stablishment can't give you but it is also a risk. Try to put what you can afford to lose.

[EVOS]

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.
 

So true,
An addition of me is investing must use free money, free money is money that if lost does not impact on the family or self economy. so the money used for investment should be free and not money from the proceeds of debt to the bank.

[gurang]

Investing in cryptocurrency is a mechanism for building wealth, but it is not only for the wealthy. This is why our community is growing.  Anyone can get started investing in crypto, and various options (BTC, ALT Coins, ICO’s) make it easy to begin with small amounts of fiat and add to a build a portfolio. What differentiates investing in crypto from gambling is that it takes time!  There is not a get-rich-quick scheme.

The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.”
Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time.
 
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.
 
Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification.  New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires.  Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future.
 
There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives.  There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help.
No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.

You must set goals.  What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire.  Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process.
Risk can mean a lot of things.  Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero.  ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto.  Do you remember what happened in 2008?  The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history.  Severe market corrections are not uncommon, especially in cryptocurrency!

How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money.  This is your time horizon.  Usually, the younger you are the less thought you give to fluctuations in the value of your investments.  This is the volatility of an investment.  You should align your investments with your time horizon.
How long are you going stay in an investment?  Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy.  There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor.  I am not saying that you need to hold an investment forever.  Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.

Some crypto-investment vehicles require sophisticated knowledge and monitoring.  Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices.  An easy route is to choose a variety of cryptocurrencies.   A diverse portfolio of BTC, ETH, LTC, and BCH.  Crypto investors with more knowledge and experience might consider ICO’s.  It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.  

For me before you invest in m, it's such a business you'll see or know if it's really up to you and if you can handle it and of course before you get into that stuff you need to have a smart mind and of course trust you self

[TelolettOm]

Be patient, that is the key to your success in this market, if you do not succeed then you review your knowledge.

Patience. strategy and also experience is as a combination where we will be able to successfully invest in cryptocurrency because now without it all we will panic and loss

[bitcoinerjawa]

yes you are really good advice, it should be the new investors understand first how to invest well and correctly and understand the risks of what will happen so with it all I am sure will be easy to profit from the investment.