KelvinSF
Newbie
Offline
Activity: 51
Merit: 0
|
|
April 06, 2018, 03:54:20 AM |
|
investing in crypto currency without proper verification is like building an over head bridge without a foundation, some one needs to apply caution and carefulness, i think is the key to invest effectively in altcoin.
what do you think ?
|
|
|
|
Eddyc
|
|
April 06, 2018, 04:27:42 AM |
|
1.Only invest what you can afford to lose. 2.Never invest in something you don’t understand. You won’t immediately understand everything, that’s ok. Do some research. 3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets. 4. Be patient and buy it on sale.
Topic interesting and can help beginners or for those who have forgotten the basis of investing, all items tend to add, in the 3 is very relative and we can not establish an exact period or time for the trade, there are several possibilities of gains in less than 6 hours, in my opinion the best placement would be: Do not trade only for sport, have a solid strategy, we will improve the health of the market.
|
|
|
|
drewage
Member
Offline
Activity: 262
Merit: 10
|
|
April 06, 2018, 04:32:43 AM |
|
The best way to invest effectively will be to conduct a fundamental analysis. Any sensible person who can think ahead of it will cope with this. Evaluate the idea of the project, team, partners. Collect only FACTS, based on which it becomes clear whether to invest in the project or not.
|
|
|
|
jose111
Jr. Member
Offline
Activity: 175
Merit: 1
|
|
April 06, 2018, 04:36:25 AM |
|
1.Only invest what you can afford to lose. 2.Never invest in something you don’t understand. You won’t immediately understand everything, that’s ok. Do some research. 3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets. 4. Be patient and buy it on sale.
All of that are correct and can really use it while in trading. In addition to that, it's better to do before we start in trading system is keep to our mind that in trading there would be a very high risk and it is good that we are aware and ready in what it will be the effect to our investment. In investment we need to have always a presents of mind, brighter and positive mind so we can think much better and we can able to make a right strategy to become successful are avoiding or escaping us from losses. It is important also to be actively aware what is happening in the market and we need to be keeping our eyes into it.
|
|
|
|
wall101
Member
Offline
Activity: 560
Merit: 10
|
|
April 06, 2018, 04:43:25 AM |
|
you need to invest if the price of a coin is low because the price increases will increase and it is very effective.
|
|
|
|
nonik
Member
Offline
Activity: 367
Merit: 10
|
|
April 06, 2018, 04:47:10 AM |
|
I think there are many ways to find out whether the investment will yield effective results, one of which is to be good at reading the market interest about ICO growth that will provide benefits.
|
|
|
|
@minajeryll
Newbie
Offline
Activity: 129
Merit: 0
|
|
April 06, 2018, 04:53:20 AM |
|
1.Only invest what you can afford to lose. 2.Never invest in something you don’t understand. You won’t immediately understand everything, that’s ok. Do some research. 3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets. 4. Be patient and buy it on sale.
Thanks for the tips and I believe there are still many ways to be an effective investor and how to invest effectively. In addition with that always remember to consider the assurance and trust the you give because you don't just invest your money, you also invest your trust.
|
|
|
|
DBronze98
|
|
April 06, 2018, 04:57:01 AM |
|
1. Learn about what you are going to invest and learn about their project. 2. Observe the movement direction, Altcoin's movement speed you prepare to spend. 3. Do not turn yourself into FOMOer, go against the trend. Invest in Altcoin you like when it goes down and ignore it if it goes up too high. 5. Experience does not help you too much in success and luck is the deciding factor.
|
|
|
|
toast
|
|
April 06, 2018, 05:00:34 AM |
|
1.Only invest what you can afford to lose. 2.Never invest in something you don’t understand. You won’t immediately understand everything, that’s ok. Do some research. 3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets. 4. Be patient and buy it on sale.
I think that you convey is a safe step in investing I think before someone jumped directly into an investment like cryptocurrency is good to understand and understand about what will be invested later
|
|
|
|
RheaLity
Newbie
Offline
Activity: 98
Merit: 0
|
|
April 06, 2018, 05:08:27 AM |
|
1.Only invest what you can afford to lose. 2.Never invest in something you don’t understand. You won’t immediately understand everything, that’s ok. Do some research. 3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets. 4. Be patient and buy it on sale.
This a common strategy, of course they invest that can really afford to lose. But this is a good information to the beginners in the Crypto on how to invest in a right move.
|
|
|
|
iconoclast
Full Member
Offline
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
|
|
April 06, 2018, 05:09:57 AM |
|
1.Only invest what you can afford to lose. 2.Never invest in something you don’t understand. You won’t immediately understand everything, that’s ok. Do some research. 3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets. 4. Be patient and buy it on sale.
Good general investment advice. Unfortunately most people will not follow it. They will sell the dump and buy the pump.
|
|
|
|
Ulanisohon
Newbie
Offline
Activity: 182
Merit: 0
|
|
April 06, 2018, 05:15:22 AM |
|
1.Only invest what you can afford to lose. 2.Never invest in something you don’t understand. You won’t immediately understand everything, that’s ok. Do some research. 3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets. 4. Be patient and buy it on sale.
Simple, important and very effective rules. Of course there is one more important fifth rule: "do not put all the eggs in one basket." I mean the rule of diversification of investments. A long time ago I studied the course on investment. In different instruments, not only in crypto-currencies. And there one of the main rules was - to have a minimum of 10 directions for investment which are independent from each other . Because only such a strategy can significantly protect in an unforeseen situation.
|
|
|
|
iBlitz22
Member
Offline
Activity: 308
Merit: 10
|
|
April 06, 2018, 05:16:10 AM |
|
I agree with this specially on the part that says "Be patient". That is really one of the important traits of being an investor because if you are not going to patient then you will lose a lot of money trying to invest on the coins.
|
|
|
|
Nipun22
Newbie
Offline
Activity: 154
Merit: 0
|
|
April 06, 2018, 07:10:02 AM Last edit: April 06, 2018, 07:29:25 AM by Nipun22 |
|
1.Only invest what you can afford to lose. 2.Never invest in something you don’t understand. You won’t immediately understand everything, that’s ok. Do some research. 3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets. 4. Be patient and buy it on sale.
I completely agree with you. If someone wants to make benefit from his or her investment then he/she have to follow this instruction. One thing I also want to add here just keep emotions out of the process and make any decision from your knowledge.
|
|
|
|
wndrbr3d
|
|
April 06, 2018, 07:43:03 AM |
|
1.Only invest what you can afford to lose. 2.Never invest in something you don’t understand. You won’t immediately understand everything, that’s ok. Do some research. 3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets. 4. Be patient and buy it on sale.
You are right, the last item is the main one I want to add: Don't react on any pump signals from different "professional crypto investors". As practice shows - this does not end well for you.
|
|
|
|
CODE200
Sr. Member
Offline
Activity: 1456
Merit: 309
★Bitvest.io★ Play Plinko or Invest!
|
|
April 06, 2018, 08:32:42 AM |
|
investing in crypto currency without proper verification is like building an over head bridge without a foundation, some one needs to apply caution and carefulness, i think is the key to invest effectively in altcoin.
what do you think ?
To have a successful and effective investment it's very important to have a full knowledge about the things you wanted to invest. It is good to have a much higher percentage of having a profit than to suffered from losses. For being a good investor we need to have a better and right strategy therefore we're not easily making fool by others. Being smart and awareness in your surrounding may help us to have effective investment.
|
|
|
|
leynylaine
Member
Offline
Activity: 322
Merit: 15
|
|
April 06, 2018, 08:38:07 AM |
|
Well furthermore, don't panic sell since many traders these days are selling their coins because of the temptations they feel. If it's red, buy more, if it's green then decide whether to grab the opportunity to have the profits or not.
|
﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏ ☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆ ≈ WORLD POWER PRODUCTION ≈ █ █ █
|
|
|
Asmonist
|
|
April 06, 2018, 10:18:21 AM |
|
Exactly these are very helpful thoughts to remind us. These are basic rules in investing especially in cryptocurrencies which are very essential especially that we have no control of the market prices. More importantly, we should spend or invest within our limits. This is a very risky activity and it involves our hard earned money. These can be an effective reminders to us. However, it always rely on ourselves in every decisions we make.
|
|
|
|
bambino
Member
Offline
Activity: 111
Merit: 10
|
|
April 06, 2018, 10:19:00 AM |
|
investing in crypto currency without proper verification is like building an over head bridge without a foundation, some one needs to apply caution and carefulness, i think is the key to invest effectively in altcoin.
what do you think ?
The right points, I would add "to get used to the fact that the market is volatile, to be calm and do not ask every day the question: sell or hodl??!".
|
|
|
|
ukboss
|
|
April 06, 2018, 11:08:32 AM |
|
If you want to invest with your money in a right place so I am just suggest you you can try crypto currency market or if you know how to trade with crypto currency so it is a best time or it is a best place for you to invest your money because crypto currency is a most effectively for investing money. In this time perfect time for invest your money so don't let to join crypto currency trading, then you can buy some altcoin and make a trading very safely.
|
|
|
|
|