What is the best advice for anyone investing in cryptocurrency?

[showbiz111]

Hello guys I like to us to share our views on the best advise for someone that is just starting crypto currency! !!

[1714615935]

1714615935

[1714615935]

1714615935

[xiaoyum]

You shouldn't treat cryptocurrencies as regular market shares. Volatilities and speculations are very high in alternative coins so you will never find accurate graph. Behavioral psychology is better to use I suppose.

[AnisahSiti]

Learn more about cryptocurrency, understand cryptocurrency, avoid lucrative offers with big profits as most is scams and will drain your money.

[preshpr1nce]

10 quick points I can think of:

1. Understand the entire market, existing projects etc
2. Don't follow hype, always trust your judgement on a project rather than some one elses
3. Always research the team, roadmap and claims being made
4. Don't get greedy, lots of decent increases are much more achievable than high optimism for 10x on 1 coin
5. Understand support levels, buying at a low gives you a lot more safety than buying mid pump
6. Learn some basic TA, if a coin appears over bought it usually is, if a coin is holding stable and under bought it's a safer bet
7. Follow the news on a project but be careful, many buy at signs of news and sell on or prior to the day of an event
8. Watch out for Bitcoin corrections, alts always follow, I prefer to sell back to BTC and buy at the dip when this happens
9. Always focus on SAT value over dollar value, if BTC pumps 10% and your SAT value goes down 5%, dollar value will still appear as profit, goal is to increase BTC holdings through increased SAT gains
10. Be realistic and understand price in relation to market cap and circulating supply, huge supply with a huge cap can appear "cheap" while a coin with a smaller supply and a low cap can appear more expensive, the market cap is your better indicator of room for growth.

[Xxxurrrad]

If you want to trade-then first use the demo trading. For example, for Habts. Read the theory and train in parallel.

[Scor Pio]

Hello guys I like to us to share our views on the best advise for someone that is just starting crypto currency! !!

first, learn about technical and fundamental analysis
so, you can buy any cryptocurrency with your own predictions
when to buy and when to sell

[liuqi]

Hello guys I like to us to share our views on the best advise for someone that is just starting crypto currency! !!

Crypto platform is hard to choose the right platform so we must read the white paper and roadmap of the project. Then check the developing team of project because it is identity the supporting project or scam project. Finally we should analyse the future possibilities of the coin then pick the right coin in right time. It is the best way to investing in cryptocurrency.

[Red-Apple]

one very interesting thing that i have noticed from bitcointalk alone is that whenever an altcoin is pumped to its max and it is either dropping or getting ready to get dumped, it is when you see a lot of topics being created about it all around this forum from mostly newbies talking about that altcoin.
this goes as far as being used as a signal for selling

[anggriani]

Hello guys I like to us to share our views on the best advise for someone that is just starting crypto currency! !!

there is a lot of important information that can be a valuable knowledge for you here, keep learning and be diligent to read.

take a look and read this thread.
https://bitcointalk.org/index.php?topic=3285425.msg34266511#msg34266511
https://bitcointalk.org/index.php?topic=3097314.msg31980185#msg31980185

[DaMut]

the best thing ?
Yeah always do your own research,i believe everyday or everytime you heard something from someone about something.
it is ok if you were listening about what he/she was talking about.
but do not put it into your head directly but instead make your own judgement based on the progress.
many people fall for it because they felt greed and did not do some research before jump into it.
lastly,always make a move based on what other people say.

[teilwalL05]

Treat it as volatile as possible and never ever think that you can make a profit with it that fast, Cryptocurrency was made for faster transaction and some have decentralized their kind of project they want with their Cryptocurrency But actually not all Coins and token are a great investment you should research and pick whats good for you and just pick a the most trusted ones,

[Klovezio]

Hello guys I like to us to share our views on the best advise for someone that is just starting crypto currency! !!

join different communities and know what the investors discussed. That will help you to distinguish the true news from fake. And always trade on the exchange yourself.

[DonateBB]

I did not have much experience, but I made a profit on the coins I held, and I also drew a valuable lesson that everyone knew. that is patience. I have tried to learn the lesson of patience.

[tanghere02]

The best advise I could give you would be to be very patient especially in investing cryptocurrencies because its not all the time the market is good, there will be times the market wod look so ugly you would want to consider quitting.

[upsidedown75]

The best advise I could give you would be to be very patient especially in investing cryptocurrencies because its not all the time the market is good, there will be times the market wod look so ugly you would want to consider quitting.

Mine won’t be much different from yours. I would suggest a person to do thorough reading about his chosen coin first and compare it with the top coins to come to a better decision. For example, Bitcoin is the best choice but without understanding its nature, the holder cannot keep it for long due to its high declines in dips. Patience is indeed the most beneficial trait but it can only be gained with knowledge.

[Leah38]

Good day! Try to join telegram channels which is made forcryptocurrency discussions only. Join social media and try to meet and follow crypto experts and learn from them.
Try seeking a mentor. There's a lot on Facebook who can teach you on trades and ICOs. Anyways welcome to the crypto world.

[Caesar-Giulius]

Always research before you invest in a coin and make your own decision. Avoid hyped and pumped coins.

[adroitful_one]

My number 1 thing that I wish I knew when I first got started with trading crypto is that you shouldn't ever sell for a loss. If the project is good and you haven't invested in total crap, then the price will eventually get back up to where you want it to be and you'll make profit off of it. It's scary at first and you try to cut your losses, but holding coins longer term seems to be the best thing to do with this market.

[ngavanngo22]

I think the best advice for you at the moment is improving your English first and meanwhile you can also go around this forum and read important topics in here then I don't think you need to create a topic like this to know other people opinion or suggestion anymore. It's useless when you created this topic cause you'll receive tons of suggestion and advice and each suggestion and advice is different so what will be the right one?

[bozo333]

Always research before you invest in a coin and make your own decision. Avoid hyped and pumped coins.

These are all commonly check the investors but many peoples are forgot the Road map and white paper it is more important to verify before the investment. Currently number of good coins are available in the market so little hard to choose. But clarification and suggestion is more important in Crypto investment because many peoples are blindly invested in shitcoin then afraid in the investment so better verify the everything.