How to invest in Crypto wisely and strategically

[Df9898]

the trick is at the moment the price is stable we directly invest and see the possibility of crypto is going up.

[zhekinsp]

The best strategy to inest on bitcoin is but more bitcoins when the oorice is very low this can give us more benefits when the price is at moon and bitcoin can be suitable for short and long term as well so you need to decide how long you are going to invest but my opinion is investing on long term is risk free which will help us to avoid panic selling when there is dump and bump in the prices.

[MNtrio]

My strategy is to follow the market trend

This technique is also useful but we need to have a deep research on how to invest well so that it will become successful.

[dionisi]

the trick is at the moment the price is stable we directly invest and see the possibility of crypto is going up.

I agree with you, currently price is very unstable and thus I have reduced my investments in bitcoins and other coins.

I expect this to come back to normal in few months or may be by the end of this year. Making profit in such  a situation especially for people like me (who cannot monitor prices closely) can be very dangerous.

[Bairbe]

Here are my recommendations on altcoins:

1. First of all, look at the coins from the portfolio that have grown the least.
2. The more the coin grows, the more people talk about it, but this is not always a reason to buy it, rather the opposite.
3. If you have funds in bitcoins now, then leave them there, buy violas with new money. There is a feeling that the violas will soon be corrected.
I think that the strategy of long - term investment is the most optimal for novice investors, so there are options to mess up the minimum-you buy and wait.

[Cutieh01]

the trick is at the moment the price is stable we directly invest and see the possibility of crypto is going up.

I agree with you, currently price is very unstable and thus I have reduced my investments in bitcoins and other coins.

I expect this to come back to normal in few months or may be by the end of this year. Making profit in such  a situation especially for people like me (who cannot monitor prices closely) can be very dangerous.

To invest in crypto wisely and strategically you should do some research to know if it is a legit investment or a scam know who are the members and the project they been through. Also if the price is stable you can do an investment.

[maydna]

first, you need to decide how much money you want to invest in crypto, you need to have a skills to analyze and makes research to find the coins that you can buy, you need to determine how long you want to keep the coins and this means you need to know when you want to sell your coins and it is better if you have a target price to sell. then, you need to determine how much coins you want to buy. besides that, you need to know that the price in the market is volatile and you should have a way to prevent it if somehow, the price is down even for down too deep so you don't have to be panic.

[Biet12]

using opportunities and opportunities as now prices in the market are on the downside. so we can use to buy as much bitcoin or altcoin as possible. Thus we will benefit greatly in the future .

[thepers0n]

I think you should  buy some promising altcoins and invest money into very interesting ICOs. This will give you a benefit in the near future

[IndigoRed]

Know your goals and strategize accordingly. Are you looking to use Bitcoin as a currency to exchange for goods/services? Do you want a quick turnaround investment? Or are you wanting a long-term investment that will increase in value over time?
The best thing you can do to minimize risk and invest responsibly is to do your research. Look into different wallets and exchanges. Find trusted sources to answer your questions.

[Michael Thomass]

I have used a few of criteria before I start investing, these are:
1. Choose your coin very carefully, do not buy into the hype, read the whitepaper and make your own judgement before investing. It only takes about an hour max.
2. Just because you like a coin, and because it has potential doesn't mean it will succeed. Sometimes if a ship is sinking you should get off before you drown.
3. Take your time to check for superior competitor coins, as very few coins are truly unique.

[Samuel Elliss]

Before investing into any financial strategy, you have to define what you are actually trying to do. Investing in cryptocurrency is risky and the market is highly volatile. You can literally make or lose hundreds of dollars every day from just one Bitcoin because of how rapidly the price changes.So be prepared physically and mentally

[Lalapo08]

A wise way of investing crypto currency is to plan for a good investment. First, you can enrich the knowledge of the world of crypto currency investment, you can ask senior, read news, and monitor the crypto currency market. Then, apply a correct investment strategy and clear so you know the direction of your investment, not the origin of the road and follow the trend. If you just follow the market trend then you will easily wobble with your decision. Do not forget to think about risk management of every action you take. I hope this helps.

[Johnny_ric0]

I would suggest several simple things:

1) invest only amounts of money, you can afford to loose
2) before any kind of investment in cryptocurrencies you should do research - gather information about technology, succesfull project, scams, the whole market, everything could result into your gain after investment
3) like on stock market - diverse your portfolio, I would suggest invest in more than 1 coin

[Jihuny23]

How to invest crypto currency wisely is to give priority to the attitude of patience and have high confidence. Patient in the sense of monitoring the market when the price is fluctuating so it is not affected by the trend. Many people trend are misleading. This trend will make someone panic, "panic sell" and "panic buy". This confidence, we also need to be not affected by irresponsible trends. We should do the analysis first without following the trend before deciding an action.

[Scott Freemann]

Anyone who invested in crypto must be vigilant in terms of rapid decrease of prices So investing in crypto wisely is very difficult and requires your full-time attention,I believe that you should not always follow market trends as they will die down eventually. Instead you should be looking in to your coin and doing research on your investment making sure it’s the best opportunity.

[wallstone]

Most of the time, the best way to make money is to hold it.
Because market trends are always changing, holding is the best way.

The wisest and strategically to make more money and income so through holding that coin or token. Furthermorre, just invest when the price is low and sell it when the price goes high. Lastly, I agree that market trends are always change so you must do holding because it is wise idea that you can do to make good profit.

[tonyjon]

My strategy is to choose the best coins from coinmarketcap. Buy when the price is low and hold. I have divided my investment money into several parts, so I buy coins at a low price.

[oxygensignatureR]

Start with an stable crypto, like btc, eth or ltc, and be patiend!

[slyfox]

My strategy is to follow the market trend

This technique is also useful but we need to have a deep research on how to invest well so that it will become successful.

Following the market trend is important but something that is not talked about as much is that at some point you need to go against the trend for example if the price goes up at some point you need to sell to get profits if you do not then you will follow the price when it eventually begins to go down and that can only be done if you have deep knowledge about market analysis.