SibiHH
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August 17, 2018, 05:50:08 AM |
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Investing in cryptocurrency is a really great decision. It has helped many people make a good amount of bucks. And this is even one of the best times to buy. Simply because the prices have fallen relatively low. But you must get to know what you're getting into. Calculate the risk and decide for yourself if it's worth it. Don't base your choices off non-substantial variables. Don't invest because it is the thing in vogue now. You might end up losing a lot of money. Get proper information, watch videos, read books and articles before you put in your money. It's valuable afterall.
True some people made good amount of bucks but some people lost it all. That's why in every bear market there is a suicide help forum on reddit popping up ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) If a time is good to buy you always only know for sure afterwards. Falling prices are no guarantee that the will rise again soon. Crypto is based on a amazing technology and there is a good chance that it has a bright future. Nontheless it's probably the highest risk class for investments you can find (except for cfds maybe). So if you're not a professional investor then only put that money in that you are ok to loose completely.
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CryptoXis (OP)
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August 17, 2018, 09:51:12 AM |
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Investing in cryptocurrency is a really great decision. It has helped many people make a good amount of bucks. And this is even one of the best times to buy. Simply because the prices have fallen relatively low. But you must get to know what you're getting into. Calculate the risk and decide for yourself if it's worth it. Don't base your choices off non-substantial variables. Don't invest because it is the thing in vogue now. You might end up losing a lot of money. Get proper information, watch videos, read books and articles before you put in your money. It's valuable afterall.
Oh I see I’am willing to risk and I’m intented to try cryptocurrency investment. I also watch some educational videos about it and read few articles for substantial growth.
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darkangel11
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Don't let others control your BTC -> self custody
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August 17, 2018, 08:46:46 PM |
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I see no advantages in keeping your money in fiat compared to investing in cryptos. Cryptocurrencies are much safer, give a chance of high profits, while the only thing you can expect from fiat is inflation. I always say that what you invest depends on your preferences, but every investment is better than keeping money in fiat. Fiat savings are not an investment, it's the opposite. A dollar that lies around doing nothing loses value. For it to even remain at the same level it has to be put to work.
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yla1974
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August 18, 2018, 10:32:23 AM |
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My personal opinion says the following. Investing in crypto, this is dangerous, but the possible profit, many makes you ignore the fear of losing. Only with a full understanding of what is happening can one do this. If you chase for profit, on the charts, your losses will be fact.
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drumamat
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August 18, 2018, 10:46:58 AM |
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The advantages of investing in the cryptocurrency is that this market is quite young and there are opportunities to make huge profits, but at high risk
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TTshingeki
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August 18, 2018, 02:46:04 PM |
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In my opinion, cryptocurrency is future of currency. Advantage of cryptocurrency is no inflation and limited, no one can create more.Fiat money was control by government and which government is weak on control currency, fiat money lost price and inflation.But cryptocurrency still new, cryptocurrency need time to develop.I think you can invest on BTC.
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CryptoXis (OP)
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August 19, 2018, 04:26:57 AM |
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In my opinion, cryptocurrency is future of currency. Advantage of cryptocurrency is no inflation and limited, no one can create more.Fiat money was control by government and which government is weak on control currency, fiat money lost price and inflation.But cryptocurrency still new, cryptocurrency need time to develop.I think you can invest on BTC.
Thanks bud, I read some articles as well this might help entering to crypto space. I belive that cryptocurrency will be the future of the market and economy.
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Zulfiyan
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August 19, 2018, 12:24:54 PM |
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Better to Hold USDT for now, Because price of currency very low and dump, But it's your choice. Do what you want for make a profit.
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chulos
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August 19, 2018, 02:28:54 PM |
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What are the advantages to invest in cryptocurrency rather than fiat currency? Considering the fact the market for cryptocurrency are red tide and how will it recover? What is the fastest liquidity in terms of daily volume? Please share your thoughts and ideas thank you.
One of the greatest advantages of cryptos as an investment opportunity was its openness and underestimation. Anyone who has access to the Internet can buy cryptos and in most cases see their growth exponentially. I'd rather invest in cryptos because of the possible future growth of profits from my investment. Of course, the investment space is not the same /crazy west/ as it was a few months ago, so the profit is smaller. New investors will recover the market. High liquidity means that we convert our investment into a fiat currency quickly and at low rates. So for me it's a bitcoin that has the fastest liquidity.
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▂▆●● SynchrotronCoin.org - Payment solution - Airdrops live NOW!●●▆▂
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Kulgan8989
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September 13, 2018, 01:54:40 PM |
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Why does no one buy 10-20 coins? and do not keep them in a long time. I have been working this way for several years and do not have much capital loss
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shashikamal
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dApps Development Automation Platform
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September 13, 2018, 02:40:49 PM |
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Investing in crypto currency should have a lot of skills as well as a lot of patience to earn more. Obviously investing in crypto for long term holders are more beneficial. Be more cautious on which projects to be invested as there are a lot coins in the market & a lot of scam project are running in the market. In terms of daily income Trading would be an ideal but should have good level of skill set before started trading. Since crypto is backed by Blockchain technology, many major financial institutes & tech giants are to be tested blockchain & it's use cases. Even major universities in the world have introduced courses on blockchain tech & it shows how the world treat about this field. DYOR. But keep a big hope on blockchain & crypto.
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mk4
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Paldo.io 🤖
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September 13, 2018, 02:48:56 PM |
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Why does no one buy 10-20 coins? and do not keep them in a long time. I have been working this way for several years and do not have much capital loss
Because you have to understand that not all of us here on bitcointalk have been in the cryptocurrency space for years. Some of the members here(especially the ones asking these kinds of questions as OP) have only been here since the bull market December last year; hence a lot of them are in panic mode because they've lost a significant percentage of their initial investments.
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Curated Crypto Airdrop Database
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quiritarycrypto
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September 14, 2018, 09:11:22 AM |
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Fiat currency is more stable so it is difficult to benefit from fiat. If you save fiat in a bank, we can receive interest from the bank but in small amounts. Whereas in crypto it is more profitable, but the risk that must be borne is also greater.
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project_delta
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September 14, 2018, 10:05:46 AM |
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What are the advantages to invest in cryptocurrency rather than fiat currency? Considering the fact the market for cryptocurrency are red tide and how will it recover? What is the fastest liquidity in terms of daily volume? Please share your thoughts and ideas thank you.
Because 1) Bitcoins or cryptocurrencies empower People while Fiats empower Banks 2) Inflation rate of Fiats are high meaning that more money is being circulated than what it is actually worth. 3) Bitcoin is more secure in a way that it could not be looted while transferring once you actually have the real deal. No customs , no nothing 4) With Fiat, there is no privacy. Banks know what you are doing with your money and stuff, they know your identity and everything. 5) Cryptocurrencies are very new,but it will be a big thing after some time, so invest it before its too late. Hope that helps !
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PROJECT DELTA Shaping the Future of Blockchain Project DELTA develops a game-changing Blockchain Protocol; projectdelta.io/
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jossiel
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September 14, 2018, 11:35:12 AM |
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- You don't invest in fiat currency, its a normal currency where we are using to our daily lives. The place where you put it can be an investment or not and that's how you can start calling it as an investment. It's your choice if you are in to crypto's now.
- Crypto market usually recovers after the dip so you don't have to be thinking of it. Experience on how things are doing on crypto's so you can have your own analysis and create your own investing strategy.
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cescudero95
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September 14, 2018, 11:44:35 AM |
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- You don't invest in fiat currency, its a normal currency where we are using to our daily lives. The place where you put it can be an investment or not and that's how you can start calling it as an investment. It's your choice if you are in to crypto's now.
- Crypto market usually recovers after the dip so you don't have to be thinking of it. Experience on how things are doing on crypto's so you can have your own analysis and create your own investing strategy.
To be fair, you can 'invest' in fiat currency. You simply obtain it and hold it as an investment. This could be in cash form, or what is more often thought of as investment would be forex transactions where you hold other nation's currencies. I'm an American, for example, but I hedge fluctuation by holding other currencies, such as the renminbi.
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ripaex (https://ripaex.io/) Marketplace
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Juggy777
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September 14, 2018, 12:01:18 PM Last edit: September 15, 2018, 02:58:59 AM by Juggy777 |
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What are the advantages to invest in cryptocurrency rather than fiat currency? Considering the fact the market for cryptocurrency are red tide and how will it recover? What is the fastest liquidity in terms of daily volume? Please share your thoughts and ideas thank you.
There're many advnates to invest in cryptos but by crypto I mean only bitcoins. As for the advantages you get a secured coin, that no one can hack, government can't trace you, it gives you very high returns which cannot be matched by gold, fiat or and other assets. While you need to understand it's a volatile currency you need to hodl it for the long term. Also one never invests in fiat, cause fiat on it's own doesn't increases in value, fiat can be locked in a territory, but bitcoins cannot be bound by any territory. If you're planning to buy, then start to buy on every dips and make an average, and hodl for the long term.
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jossiel
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September 17, 2018, 07:12:37 AM |
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- You don't invest in fiat currency, its a normal currency where we are using to our daily lives. The place where you put it can be an investment or not and that's how you can start calling it as an investment. It's your choice if you are in to crypto's now.
- Crypto market usually recovers after the dip so you don't have to be thinking of it. Experience on how things are doing on crypto's so you can have your own analysis and create your own investing strategy.
To be fair, you can 'invest' in fiat currency. You simply obtain it and hold it as an investment. This could be in cash form, or what is more often thought of as investment would be forex transactions where you hold other nation's currencies. I'm an American, for example, but I hedge fluctuation by holding other currencies, such as the renminbi. Yes being specific you can invest in fiat currency through forex but holding the currency alone and just like how we are doing with crypto's, it won't work as the same as fiat. As I've said, if you put into something such as forex, you can call it as an investment but holding it as your local currency and hoping the time will come inflation would decrease which will make the value of that fiat higher is unlikely.
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rnssol
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September 17, 2018, 09:33:18 AM |
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Is it wise to invest any amount of money in cryptocurrency as opposed to investing in other forms of investment? In any kind of investment, there is always the burden of fear from the unknown or uncertainty. The best way to answer this dilemma is to answer some of the frequently asked questions in investment circles. This way one can identify the advantages and disadvantages of investing in cryptocurrency as opposed to other traditional types of investment. Every investment comes with its opportunities and threats.
Advantages or benefits
• Cryptocurrencies ensure that transfer of funds between business or people is safe and exceedingly easy. Private and public keys are utilized to ensure transactions are safe and transference fees for funds are kept at a minimum low.
• Blockchains are online ledgers and people can transfer them through computers ensuring that others are honest. This makes transactions transparent since different people can verify them.
Disadvantages or risks
• Crypto currencies are backed by computers and maths as opposed to other currencies that have precious metals to back the.
• There are no physical coins and notes to represent the currency and therefore no central repository making it hard to recover any balance in case of a system crash.
• Cryptocurrencies experience a lot of fluctuation and this can lead to the market being volatile meaning that a lot of money can be lost or gained within a short period.
• The possibility of theft is exceedingly adamant with the existence of hackers and the prices attached to the currencies.
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