GregH37
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Merit: 1037
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March 04, 2019, 06:34:56 AM |
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if you are a beginner, I think there are a lot of risks that you will face if you want to invest in ICO, in essence you have a lot to learn and read a lot from the experience of people who already have extensive insight into ICO. do not lazy to read, and after that I give a little advice to you, "use the money that is ready to disappear from $ 10 and max $ 50," so if you get a scam project, the project fails or the coin price does not match when the agreement, you just lose a little, Yes you’re right, new investors should always read and learn from those who experienced in it already. And they shouldn’t also rely on just one source, cause no matter how good that source used to be, nobody knows all, so they are likely to give out wrong information at a time. So, rely on many sources to get information. And as a newbie, major things to consider is if what you’re investing is better than the existing ones, the marketing budget and whether it has a community. There are still a letter things tho', but these ones are very important.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Ezenwanyi
Copper Member
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Activity: 336
Merit: 1
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March 04, 2019, 07:58:57 AM |
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Personally, before I invest in any coin be it ico or coin already in the exchanges, I normally do findings about the usefulness of the coin to the development of the blockchain technology. What problems the coin is set to solve in the cryptocurrency space. The passion of the team members towards further development of the coin. The activitiveness of the telegram group if any. The price of the coin etc.
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Vaskiy
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Activity: 2618
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Tontogether | Save Smart & Win Big
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Before investing in a new coin need to consider about the product behind the project. Also, it is a must to have a better learning about the trading process relative to the specific coin. Very few progress in short term which will be preferred much for trading. Another important thing required is the development team and the funding partners.
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slocker
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March 04, 2019, 11:58:54 AM |
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First thing first. Make sure that take all the precautions necessary. Cryptocurrency is full of scams, hacks, phishing attacks, impostors and fraudsters, to be real on this. Use this advice “Invest only what you can afford to lose” everybody knows it but unfortunately nobody follows it. Make some defensive step if necessary cuz may be good or bad call for you fund invested. Do clean and thorough research of invested project, do this before you think of investing.
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dark08
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March 04, 2019, 12:16:08 PM |
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Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build. There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.
Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?
Investing in any aspect is so risky even in cryptocurrency or other investment there is so many reason to check if the ico project have a potential or not, first check carefully its white paper including the goal and concept of tge project then check the profile of the team theres some project that use a fake profile then last as your self if this product is legit or not if has a real developer and product to run for long term not for short term.
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Choyor
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March 04, 2019, 02:03:39 PM |
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There will always be risks in a job, this also applies to crypto investments. Many things we have to take into account, among them is by conducting research on the coins that we will invest, choosing a project with a strong vision and determining the best coins is something we must do to determine our profits.
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tetyulfania
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Activity: 653
Merit: 10
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March 04, 2019, 02:28:10 PM |
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Always check situation where want to invest your money at ethereum or bitcoin, you have check condition what news of crypto is good or bad, when have good news you can start investing your money but keep away when getting bad news of crypto.
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LUCKMCFLY
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Merit: 1849
Leading Crypto Sports Betting & Casino Platform
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March 04, 2019, 04:14:02 PM |
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Always check situation where want to invest your money at ethereum or bitcoin, you have check condition what news of crypto is good or bad, when have good news you can start investing your money but keep away when getting bad news of crypto.
Many times the news gives the opposite effect, if they are good, sometimes they go down in price, and if they are bad, people sell cheap and there are massive purchases and the price goes up.
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Tungsten-1
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March 04, 2019, 06:06:08 PM |
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There will always be risks in a job, this also applies to crypto investments. Many things we have to take into account, among them is by conducting research on the coins that we will invest, choosing a project with a strong vision and determining the best coins is something we must do to determine our profits.
That's the risk you face with the crypto world until now because virtual currency isn't always a good thing for you to have and make the profit you want. Many processes that you have to run to achieve something big. Being an investor we will have to face risk and only those will earn at the end who knows well how to get though it will have profit at the end for those who are making researches will make no mistake because it become risky to trade and invest any coin without research which is bad though, so I think good to choose promising coin and invest for long time
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richmcrich
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March 05, 2019, 05:09:54 AM |
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Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build. There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.
Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?
I’m not the one kind of person who jumps into things without proper research. Before I invest my money in any ico or cryptocurrency, I take out my time to do proper research about it before investing, cause if you don’t make your time before jumping in with your two legs, you might end up regretting it later. Cryptocurrency is a very risky thing to do, so anyone who is buying it should he very careful, so they don’t make mistakes they will regret later.
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Caladonian
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There will always be risks in a job, this also applies to crypto investments. Many things we have to take into account, among them is by conducting research on the coins that we will invest, choosing a project with a strong vision and determining the best coins is something we must do to determine our profits.
That's the risk you face with the crypto world until now because virtual currency isn't always a good thing for you to have and make the profit you want. Many processes that you have to run to achieve something big. Those process needs to be well taken care in order to achieve such goals, you have to possesed the value of investing, learning all the fundamentals and keep your attentions in all the things that happens inside the market, you need to face reality over your expectations, as things needs to react properly when you enter yourself from this market. Consider things that you never anticipated and act wisely as things will favor you along the way.
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TheCoinGrabber
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March 05, 2019, 10:57:32 AM |
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I'd play safe and only invest large amounts in the "old" coins, namely BTC and ETH, plus a couple more of the stable coins.
The thing with new alts is that even when you did your homework and found they're legit, that's not enough to be sure of their success. Dozens go live in a month and they can't all succeed. Maybe invest in one you really like but don't get hopes high too much.
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Canoppo99
Member
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Activity: 334
Merit: 15
First 100% Liquid Stablecoin Backed by Gold
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March 05, 2019, 12:53:33 PM |
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Invest in cryptocurrency is risky but we can minimize the risk, I suggest you to choose ICO which consist of many expert or experienced people behind it. Don't choose project which only founded by 2-5 people. if the ICO use escrow service then it is very safe. Choose ICO that held in exchange site because you always can trade your coin anytime.
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Question123
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March 05, 2019, 02:49:06 PM |
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Before investing to the altcoins make sure it will have potential to increase the value of the coins. And the developer of the coin will still there and keep updating and upgrading the system of the altcoins before you invest. Investing to the altcoins need to be a lot of research and getting more information to the coin. Before investing you will consider more to avoid losing money.
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susila_bai
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March 05, 2019, 03:32:18 PM |
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I consider of investing in a coin is i see how much volume of trade it happens daily so that i should be able to sell if i am buy high with low margin profit. As i always trade and i dont invest for long as i dont love any coin deeply, i just take profit as soon as i see as i know what market goes up will come down also.
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daniel08
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March 06, 2019, 12:27:22 AM |
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In my own experience as a trader and an investor i consider to get to know more about the coin i prefered to buy and invest if its good for me and good for me to gain more profits when it is officially listed in the exchange markets. And also i consider the team of the coin or the theproject itself if it is legit , considering also the roadmap and must have a good whitepaper for investors to participate in the project.
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Best Dreams
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March 08, 2019, 08:33:27 PM |
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I consider of investing in a coin is i see how much volume of trade it happens daily so that i should be able to sell if i am buy high with low margin profit. As i always trade and i dont invest for long as i dont love any coin deeply, i just take profit as soon as i see as i know what market goes up will come down also.
Involving without any reason with any coin is not good for sure as most of time people love specific coin and they invest without any reason so it is not good better invest in other one if you are not having promising future with it, try to make research about the coin and don’t invest only for someone suggestion analyze the market properly and invest promising coin only.
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BitcoinFani
Jr. Member
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Activity: 81
Merit: 1
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March 08, 2019, 09:31:06 PM |
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Investing in Cryptocurrency is of course risky. Risk is important for us to know how to invest, especially in the world of crypto risk, so you should be smart when choosing money for investment, Most of the new icos are great risky. it makes more sense to invest in proven coins...
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jakagintiri
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Merit: 10
www.coinxes.io
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March 08, 2019, 10:20:52 PM |
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Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?
The first thing to consider is the benefits of the project for the future. Go check the team and community as the second step. The project partner is a strong supporter of project growth so that it becomes very important.
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boris singer
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March 09, 2019, 05:47:11 PM |
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What is important to me is the market where the coin can be traded, especially for markets with competitive volumes. Then is analyzing the supply of coins they provide and compared to market capitalization. the third is the development of these coins in their long-term plans. developer activities in their coins are also highlighted by market analysts.
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