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Author Topic: Just got a little extra money and want to invest in crypto, should I?  (Read 4512 times)
Jammypoe
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September 08, 2018, 05:25:23 PM
 #201

People are always banking on bitcoin or talking about it when obviously there are other promising coins out there that guarantee return on investment. However, no matter how good and promising any coin proposed to you seem to be, do not neglect and forget the place of your own due background check on each one offered. The blame will not be on those who tried to help you if those coins you eventually decided to settle on fail miserably. That said, you can do a little research on Matrix. It's a coin I personally invested in. I am not doubting its success, only that, you'll surely have to wait the turn of the year for you to start smiling to the bank over it. It's a coin for next year, not this. So, it's only for long term investors.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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AfterHot542
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September 08, 2018, 07:13:54 PM
 #202

I must say you take a right decision and this opportunity is only for you because right now you can get bitcoin in low price and if you hold you can make your investment double.
Ajadey4
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September 08, 2018, 07:42:29 PM
 #203

You can invest it in crypto if you are in for the long run. Do not in the same way forget the golden rule of this game, which is not to invest with all the money at your disposal, just in case this time.  Now,  that you have the money to invest, take your time to know when and how much to use for investment. The part you are in now is no fun, it's your money, be wise and prudent with whatever you do with it.
Elerntta
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September 08, 2018, 07:44:51 PM
 #204

I think you have nothing to worry about and enter the world of cryptocurrencies now while prices are very low. And bitcoin has prospects, that's for sure.

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Supremacy1
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September 08, 2018, 07:56:23 PM
 #205

Price is damn cheap now.  U can look for good coin with working project to buy and hold for a while
Taronet-division
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September 08, 2018, 08:03:05 PM
 #206

no need, you just decide it yourself. I'm sure people in this forum will only share their experiences. You just need to be confident and motivated with your knowledge of what you will choose
cmaxwell
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September 08, 2018, 08:10:27 PM
 #207

its is a good idea if you can invest in cryptocurrency at this period and it promises to make you happy. a wise man will always invest for tomorrow, always invest with money you can part with.
spyda5556
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September 08, 2018, 08:13:58 PM
 #208

Real money is not made by simply putting a little extra money ($10,000) into bitcoin and holding it waiting for the price to spike. The real money is made by taking your bitcoin and buying alt coins at a low bitcoin price. There are plenty of strong foundational coins available at low bitcoin prices. Such as NEO, Ontology, Ripple, Ethos, Utrust. These are coins that can make you times 10 on your investment if not more. While bitcoin will probably only go times 3 within the next 6 months.
Urbinklin
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September 08, 2018, 08:18:21 PM
 #209

It's a great idea to start investing in cryptocurrency. This industry has great prospects, this is something that in a few years will be very, very popular, so invest in bitcoin for the long term, and you will earn great money on this.
bitvelk
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September 08, 2018, 08:21:30 PM
 #210

Investing in bitcoin is now very relevant, as low prices allow you to buy it with a special benefit. I advise you to use a long-term investment strategy to achieve the best results.

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drukoz2
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September 08, 2018, 08:31:12 PM
 #211

If you really believe in the technology and prospects of bitcoin, then of course you should invest, especially while the prices are so low. But you need to be sure of your decision, so that you do not sell bitcoin at the next price drawdown.
Sethrey
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September 08, 2018, 08:40:41 PM
 #212

Now it is the best time to invest in crypto. As the course is lower now and then it will rise for sure. So you'll gain some extra money. It's silly to invest in Bitcoin when its rate is high and now it's the time.
Tduty
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September 08, 2018, 09:17:39 PM
 #213

If you have really some many, then you can invest right now. Because this is the right time for investment. If you really want to invest in bitcoin then you can do it now. Bitcoin is a very interesting investment right now. Maybe it is true that there is no next btc and you will probably lose money trying to find one.

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Lumberjackpj
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September 09, 2018, 03:18:00 PM
 #214

I might be wrong, of course, but as far as i can understand, there's no other coin on the market that could be nearly as good as Btc. The good thing about Btc, unlike $ or any other fiat, you can get even a tiny fraction of it, so don't get too upset because you think you don't have a lot of money and cannot buy a Bitcoin. If you buy and hodl it, you can still earn some money on it.
virendarnagpal
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September 09, 2018, 03:30:46 PM
 #215

If you are having surplus money: you should also invest a part of your money in crypto currency.  Presently crypto prices are running to their lowest levels.  As it is best time to buy too. 
Here in crypto though the risk of  inestment is high but at the same time return on investment is also very high.  After few months when the market revives huge profits are also expected.
Kekenapep
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September 09, 2018, 04:25:52 PM
 #216

If you really want to invest in the Bitcoin,i think the time is right now,because it is kinda cheap,so all you need do now is to gain the knowledge of the bitcoin and cryptocurrency in general.You should also know that risk is the name of the game in the crypto world,but if you do have enough money bitcoin is the best to buy and hodl,and you'll definitely make huge profits.
AfterHot542
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September 09, 2018, 06:23:38 PM
 #217

You have taken a good decision but be careful about choosing crypto because if you choose wrong crypto then you may fall in loss.
faithofb
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September 09, 2018, 06:29:24 PM
 #218

Of course you can do and more over doing it at this time is the best because the price is seriously down. Which gives it a good opportunity to own more coin with small money unlike buying at huge amount.
Shadesofglory
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September 09, 2018, 07:19:54 PM
 #219

You can go ahead with it, get more money and invest into it. Price is pretty bad right now, and the fact that price is down should be banked on by those who are ready to invest. Just know that you'll no doubt hold on for long for you to gain that much. One must sound a final note of warning here, do not invest more than you can cope with, no matter what.
mekie
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September 09, 2018, 08:05:43 PM
 #220

Ultimately it must be your decision, but in my opinion now is probably a good time to buy bitcoin, just don't put all your savings into one product. I am convinced bitcoin will increase in value again, hopefully the rise will be a steady incremental   rise rather than rocket and crash.

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