How to invest effectively?

[ciplut]

very good advice sir, it seems that you are very experienced in trading currency crypto, we await your next suggestion suggestion 

[ajaymukund]

There are a number of theorems you need to know for sure.
1: You need to think carefully and spend a lot of time researching the market.
2: Read as much information as possible everyday.
3: Let's look at the investment work as a formal job.
4: Hold on to the mentality and trust your investment decision.
These are the theorems you must remember before investing in a certain currency. Understand this, you beat a lot of other traders.

[ZAROBLYATOR]

To be honest, I think that you should make your own research before investing in something. During Bitcoin rally to $ 20,000 people were buying everything to get more profit. And now they are crying that alts portfolio is going down.

[kristinkamal01]

The first rule is that you do not need to buy one coin for all the money, but look for a few different options in order to get a profit in the future.

[Edsemen]

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 this.
I would want to invest more if I had more coins but for now all I can do is research the coins.

Yes this would advise would wake up other traders that trading in rush time. Well in terms of investing must have patience to wait effort on searching and be kind of others to see what did they do if good or not so that some ideas will appear on ur strat.

[defoman]

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 have taken the right course, but have hinted at everything. The first item is the most important for any investor, whether a beginner or a person with experience. You always need to invest so much money that will not worsen your life and you can afford to lose it. The second point I would reformulate - before making an investment, the project must undergo a careful selection and analysis. The idea of ​​the project is important, its relevance, novelty. The team should be public and have experience in this area. White paper must be grammatically compiled and not contain errors, disclose all information and details about the project. It is necessary to have a roadmap for the project. The third point I think applies to traders, but not to investors. The investor is looking for a project invested in which he will repeatedly increase the funds invested in him (the new Facebook, Google, Apple), but does not deal in any way with the trade. On the fourth point, we can say that starting to invest in a project, it is important to know the market, but it can not grow all the time and therefore you need to be prepared for everything. But after the night there is always a day and it's important to have patience. With a decrease in the rate of averaging, and with the growth of parts to sell and fix profits.

[MOProgress]

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 have a point here, another thing is, do not lay all your eggs in one basket, because some projects that seems good after all research may turn into scam.

[smhome354]

The best way to invest for me is to buy digital currencies which we think are lower in price. Buy only those that are popular and recommended by the experts. Be ready to put them on hold for long terms. I'm not recommending trading to the newbies but it is alright for the experienced ones. Use only the money that we can afford to lose and make those money work for us.

[Redg85]

thanks a lot for this information really widens my perspective about cryptocurrency. now i know how to administer my coins and tokens. this will help a lot of newly comers in crypto before they really get into investing.   

[dmty.0809]

first understand the system / how to work the project, if you already understand then we dare to invest in it, do not ever invest where you do not understand about it, could happen you will be in disadvantage and they do not want to be responsible

[akai93]

for me i guess the best way to invest effectively is to research a lot about the project and be aware what you are investing to.

[Nana99]

You can not invest. Join bounties and airdrops. LuckyToken for example.

[Herp-a-derp]

I would start this list with the fact that you need to be able to distinguish promising projects from the next scam.

[Zeraphine]

The first rule the author mentioned is the golden rule of an investor. I know people who take loans from banks as their initial capital for crypto trading. as for me, it is a crime to risk what you cannot afford.

[Tosin12]

Good and useful contribution by everybody but before today I came across a statement from a billionaire investor Mark Cuban and I quote   "Like any speculative investment, buying bitcoin at sky-high valuations is risky business. If you’re asking, “Is it smart to invest in bitcoin?” “It’s still very much a gamble.” You need to know that your bitcoin investment might lose money. If you’re not prepared to face that prospect, bitcoin investment might not be for you. The most important message here is don't invest your entire savings in coins

[Boristhecat]

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.

Very similar to the list of investment tips from Buffett, but a little truncated.

[MGBloomz]

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.

A good tips to those who wants to enter the crypto currency as not to be surprise on this volatile technology where bearish trends continues to control the market.

[watchurstep45]

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 have a point . in order for you to look for good icos. you may also go to ico bench. the experts rates according to their vision . investing is quite risky.

[tonmoycrypto]

Thanks a lot sir for your valuable tips .my investing formula is i am always try to invest 50% of my fund on major currency like eth and btc and another 50% i am investing new coin and day trade its my investing syllabus .

[elenachers]

Great pieces of advice, I agree with every point written. I would add, also to understand what you want from your investments. So, set your goals straight and stick to the plan.