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Author Topic: Don't invest In Bitcoin and Cryptocurrencies if you don't follow these things.  (Read 603 times)
Rumahkaca
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August 18, 2018, 04:54:06 PM
 #21

thanks for the information you shared, this is very useful for me as a beginner in crypto. indeed we cannot carelessly invest, because crypto is a world full of risks.
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August 18, 2018, 05:59:00 PM
 #22

Hey,I'm thinking of investing in Cryptocurrency.What do you think about this site https://westlandstorage.com/best-way-to-invest?p=233516

Is it trustable?I would love an opinion on this investment platform.
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August 20, 2018, 07:32:13 AM
 #23

I like your style of getting people's attention. You have said well with all those points you have made. One should do all that before investing in any ICO project.
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August 20, 2018, 07:36:22 AM
 #24

Honestly I think that this recommendations are applicabile for any type of investments. Investments on the classic markets have the same risky. But this risks will be realized faster in cryptocurrency.
psoo7 (OP)
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August 20, 2018, 07:43:45 AM
 #25

Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Last and the most important: Patience is the key.


Lol your title has nothing to do with the content. Grin
Read the post too Cheesy
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August 20, 2018, 07:46:14 AM
 #26

Yes, investing in this year's encryption market is indeed very risky. And most of the cryptocurrency prices have fallen very badly this year, but the market so far, I think it is already investable.
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August 20, 2018, 07:46:44 AM
 #27

Good tips that could save lots of investors out there. Cryptocurrency is more useful than just making Money. You can invest for better and efficient way of getting your work done or for academic research and other case uses!
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August 20, 2018, 07:47:58 AM
 #28

Yeah you are absolutely right, before investing in any ico one have to follow all of the rules, and have patience because after investing sometimes market will fall down, but later the market will grow up again and you can gain profit from here.
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August 20, 2018, 12:46:24 PM
 #29

don't invest in crypto and BTC, what are you talking about broo.
i think that's all wrong, i know crypto market is so low and so many people is take a loss so much.
but, you know investing in a short time is not recommended, i always take a profit because i do a long trading.
i hold arround 1 year and sell it when i take a profit.
Please read the complete post before putting any comment Smiley #Hail BTC!!!
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August 20, 2018, 12:50:11 PM
 #30

Your suggestion are appreciated but they should be legit only for ICOs, imo Bitcoin is another story! Isn't it?
I support bitcoin to the core of my heart but I am asking people to enter into it on their own consent and understanding about it NOT BECAUSE EVERYTHING IS GETTING INTO IT.
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August 20, 2018, 12:50:19 PM
 #31

Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Do not forget to check the bitcoin forum to know more about that project.
9.Last and the most important: Patience is the key.


The last point is the most important IMO - patience. I agree with other suggestions. There exists a lot of misinformation for newbies but this year is showing to us that some good signs are just ahead.
Adoption is growing fast and development in crypto space is going exponentially. Bull market will come back. Now you can just sit and relax, don't need to hurry.



.
.BIG WINNER!.
[15.00000000 BTC]


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August 21, 2018, 05:37:17 AM
 #32

don't invest in cryptocurrency if you don't have patient to waiting for the price because the price in the cryptocurrency will always change and it will go up and down in anytime. but with the patient, you can handle your emotion which can give an effect to your investment and you not become panic if the market is in the downtrend. I agree with the OP that we should know about the things that the OP mention before we decide to invest in cryptocurrency.

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August 21, 2018, 05:47:38 AM
 #33

I definitely agree with you. People hardly research on cryptocurrencies before investing in them. Some even invest because they heard people saying that crypto investment is very profitable.
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August 21, 2018, 05:52:34 AM
 #34

I don't think so. I think Bitcoin is worth investing. The cryptocurrency is also good and worth investing. Although their prices have fallen sharply in this market, I think this is a good time to invest.
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August 21, 2018, 05:53:19 AM
 #35

I think your suggestion is very good. I am a newcomer in the world of cryptocurrency. I think your words have helped me a lot. I don’t think there is any end to learning. I am especially grateful for your sharing. It is very important for me to invest in the bounty in the future.
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August 21, 2018, 06:19:52 AM
 #36

Most of the author's statements were amenable to my end and in my opinion, anyone who will be interested to join in cryptocurrency should have basic knowledge about cryptocurrency. To earn such knowledge, you may have to research on your own and educate yourself to further enhance the knowledge the you want to learn. When putting up for an investment, definitely do not put all you money into it instead invest money that you can afford to loose. When investing to altcoins and ICO's, make a study and research prior to investment just to be sure that it may only entail lesser risk.

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August 21, 2018, 06:40:32 PM
 #37

Most of the author's statements were amenable to my end and in my opinion, anyone who will be interested to join in cryptocurrency should have basic knowledge about cryptocurrency. To earn such knowledge, you may have to research on your own and educate yourself to further enhance the knowledge the you want to learn. When putting up for an investment, definitely do not put all you money into it instead invest money that you can afford to loose. When investing to altcoins and ICO's, make a study and research prior to investment just to be sure that it may only entail lesser risk.
Yes, this is a universal and generally accepted tips for working on the stock exchange, and not only with cryptocurrency. Many lose their savings due to greed and inability to wait. But such other market participants are getting richer, it's harsh, but true.
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August 21, 2018, 06:48:43 PM
Last edit: August 21, 2018, 09:34:40 PM by Hannahanto
 #38

Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Do not forget to check the bitcoin forum to know more about that project.
9.Last and the most important: Patience is the key.


Valuable comments and appreciate for spending time in analyzing these. I would say, crypto is the best platform i have seen to learn and earn certainly. Learn before trading. Never give back. The platform has many ways to earn bitcoin and other coins as well. Invest with more trust. You will one day gain a good turn over. Don't get panic about the fluctuations. This is crypto's nature. Get into coinmarketcap.com to analyze where to invest. Cheers.
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August 21, 2018, 06:54:19 PM
 #39

Although they are good advices I think most of them don't apply to bitcoin anymore, anyone can come in and invest the currency has become so popular that you don't even need to form your own opinion before investing, just follow those who know more than you do, or at least most of those who are investing now think so, these tips apply better to the altcoins since it's still a new market and not many people know what's going on in there, always remember that this market is high risk but high reward

Bitcoin to the moon
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August 23, 2018, 09:42:06 AM
 #40

Do you really think WP is really important like that? For me, I don't care about WP of any project after every cryptocurrency Smiley. If they have a really good WP but all other things are suck so you still believe in these cryptocurrencies? LOL. It's the only thing I don't agree with you in your list Smiley.
You can not trust just depending upon one factor. I said be sure to atleast read the whitepaper then proceed further.
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