A better way to invest in cryptocurrency.

[Yamifoud]

You may also add this on that list - spend time learning how to trade and how to analyze projects to invest into rather than just throwing 20% of your monthly income.

It should be so your savings will be worth it and it will not lose easily. A better way to invest is when you know what and when to buy, yes you have the money but you should not forget first to learn. Having a stable job is also better than to do full time in trading which is too risky.

It have 2 things to prepare before to start in trading, first is your self(be sure you are knowledgeable enough) and 2nd is capital(enough capital and possible not from lending institutions). If you bring all of this things,  you'll certainly be making profit and no worries to pay interest from a lended money.

[nydiacaskey01]

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

It's not a good idea to quit your day job and replace it with trading. Yes it good because you know have your freedom, no more 8am - 5pm schedule, no commute going to work, no traffic but the down side is the market condition just like what we have now. Price moves a little so if you only have a small capital with you, you will not feel the profits that you gained for the day. Make trading as your side job only. Unless you have other plans like running your own small investment group or company.

[Distinctin]

You may also add this on that list - spend time learning how to trade and how to analyze projects to invest into rather than just throwing 20% of your monthly income.

It should be so your savings will be worth it and it will not lose easily. A better way to invest is when you know what and when to buy, yes you have the money but you should not forget first to learn. Having a stable job is also better than to do full time in trading which is too risky.

It have 2 things to prepare before to start in trading, first is your self(be sure you are knowledgeable enough) and 2nd is capital(enough capital and possible not from lending institutions). If you bring all of this things,  you'll certainly be making profit and no worries to pay interest from a lended money.

Knowledge is very important to be able to be successful even in the other fields.  Provided that you have enough capital but dont have knowledge still nothing happen and might possible that all your money will lost in your hand.
It is particularly that, you should have this things for the better result in the future.

[ongkok87]

You may also add this on that list - spend time learning how to trade and how to analyze projects to invest into rather than just throwing 20% of your monthly income.

It should be so your savings will be worth it and it will not lose easily. A better way to invest is when you know what and when to buy, yes you have the money but you should not forget first to learn. Having a stable job is also better than to do full time in trading which is too risky.

It have 2 things to prepare before to start in trading, first is your self(be sure you are knowledgeable enough) and 2nd is capital(enough capital and possible not from lending institutions). If you bring all of this things,  you'll certainly be making profit and no worries to pay interest from a lended money.

really true but if my advice that we must be obliged to do is we need a lot of knowledge about investment knowledge in crypto, because that will be the way of our success

[keanne_isaac]

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

This was during 2017 where crypto become bullish and almost coins are surging its value several times it seems its easy to esen money during those time but when 2018 entered market correction began and until now crypto price is struggling in the floor and i think lot of new investors sre losing money a lot. Your recommendation is very helpful as it makes people invest little by little with out too much worrying their losses.

[imstillthebest]

You may also add this on that list - spend time learning how to trade and how to analyze projects to invest into rather than just throwing 20% of your monthly income.

It should be so your savings will be worth it and it will not lose easily. A better way to invest is when you know what and when to buy, yes you have the money but you should not forget first to learn. Having a stable job is also better than to do full time in trading which is too risky.

It have 2 things to prepare before to start in trading, first is your self(be sure you are knowledgeable enough) and 2nd is capital(enough capital and possible not from lending institutions). If you bring all of this things,  you'll certainly be making profit and no worries to pay interest from a lended money.

really true but if my advice that we must be obliged to do is we need a lot of knowledge about investment knowledge in crypto, because that will be the way of our success

knowledge is power but without power theres also no knowledge . thats a popular old  qoute but thats  true and i believe on it . we must have both of the traits in order to achieve the success in trading  . power means we have enough capital and battery ( for our gadgets ) to connect online and most important is the knowledge so that we can perform effectively .  trading is a good way if we already invest in crypto but aside from that , we can also do other things such buying and selling items using crypto as payment method . that is also a better option for growing our crypto  busines  .

[Bosx1ne]

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

That is a fact because many of my friends have finally left work in the real world and then concentrated in the crypto world, precisely in the world of trading. trading is one very interesting job because it provides many benefits for the perpetrators. Trading can be learned and our skills can increase when our experience increases. We all have the same opportunity to be able to make a profit, believe Trading can provide success for us all. This is an interesting type of work and also brings us a lot of money.

Yeah there are now many people who prefer to trade cryptocurrencies than to focus in their job but most of them are now regretting their decision because of what happened in the market. We should always be careful on our decisions for us to fave less risks.

[Reid]

The best way would be, do not quit your job.

It aint a wise decision for me. Yes, at the start you could focus into trading but when you have the full knowledge with trading it will get easier and it wont eat a lot of time.

What will you do with those spare time? It is not a good reason to say "just so you could focus in trading".

The problem is: Can you get back that job you quit?

[Savemore]

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

For us to have high returns on making investment, we should be prepared to the risks that we are going to take and also we should have plan for us to easily overcome the unexpected situation that we are going to face.

[IncredibleX]

I would like suggest you to gain complete knowledge about cryptocurrency before trading. You need to decide which coins will be best and trading exchange and need to decide about time to invest.

[bitcoin31]

No need to quit their job because they can do both.

[playboy654]

No need to quit their job because they can do both.

Don't consider cryptocurrency Assam main job for your lifetime because it changes anytime doing the cryptocurrency as your side job will be the right idea you will definitely need some stable income also.

[Sum24]

No need to quit their job because they can do both.

For sure no need to leave your job because we can easily carry both of them. The beauty of crypto currency investment is that it never distracts you from your other activities as you can do day job and at night you can spend some time with it the same way you can join bounties so that it will give you some additional income to invest further.

[GreatOrchid]

No need to quit their job because they can do both.

Don't consider cryptocurrency Assam main job for your lifetime because it changes anytime doing the cryptocurrency as your side job will be the right idea you will definitely need some stable income also.

Its not that we can't treat cryptocurrencies as our major source of income as compared to other centralised jobs. Even cryptocurrencies have the stability to make us financially stable with huge turnovers. Investment in good schemes can also make us grow our profits just by watching the graphs. Cryptocurrencies always offers a variety of options infront of us for earning passive income.

[Bunsomjelican]

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

Your tips was nice and I don't see any wrong with it, in fact, since we are in bear market season the only things we can do for us to earn altcoins or bitcoin is to do day trade in the exchange depending on your trusted platform. We have so many options here for us to get a part time or sideline job here, you can participate in bounty campaign depending on your skills. Because in bounty we have here translation, social bounties such as Facebook, Twitter, Telegram, Reddit, Instagram, then content creator/youtube blog something like that.

[Indrawan77]

I agree, people shouldn't make crypto trading as their main income, the market of crypto is really fluctuative and the bear market could last very long, its too risky to depend your basic need with the crypto trading, many of my friends regret to quit their job after experience the long bear market, make trading as your side income, if the market is not too good then just wait for longer term

[pawanjain]

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

That is what I have been doing all this while. We have to be smart and not greedy in order to earn money. This bear market has taken down many people's investments.
I can't believe what the people who left their day job for crypto must be going through in this bear market. Crypto is such a volatile market. If there are chances of getting rich overnight then there are equal chances of going the opposite way and I guess this is what has happened here. Playing safe while taking minor profits is the best thing to do when it comes to crypto

[iv4n]

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

That is what I have been doing all this while. We have to be smart and not greedy in order to earn money. This bear market has taken down many people's investments.
I can't believe what the people who left their day job for crypto must be going through in this bear market. Crypto is such a volatile market. If there are chances of getting rich overnight then there are equal chances of going the opposite way and I guess this is what has happened here. Playing safe while taking minor profits is the best thing to do when it comes to crypto

Its not taken down investments made before 2017! There is a saying "don`t keep all of your eggs in one basket!" and this is what op is trying to say here with his example, with other words. In more different investments you take a part, more safe you are. Have something in gold, have something in crypto, have something in real estates, if one market goes down or suffer from any downtrend you have other investments and you don`t worry too much. Where the money comes from, job, investments, freelancing, or anything else that`s better, if one stuck you have other possibilities.

[kidoseagle0312]

I like the way you think.
By the way, it was a big surprise for me to learn that many people quit their jobs to earn with crypto.

This thread is half of what crazy people were ready to do in order to get more crypto before it was too late for them. Many people sold their house for investing to cryptocurrencies so i can't  imagine where they are living now. Trading can be dangerous if you don't have idea what you are doing..

Oh my goodness, this is the first I read that someone here in the forum sold their house for investing to cryptocurrencies. If I am going to think about, that was a hard decision actually. Especially its been almost 1 year were crypto in this industry are facing bear market which is in bad situation actually. Doing trade here also was too dangerous, that's why We as traders are risk taker.

[Oilacris]

I like the way you think.
By the way, it was a big surprise for me to learn that many people quit their jobs to earn with crypto.

This thread is half of what crazy people were ready to do in order to get more crypto before it was too late for them. Many people sold their house for investing to cryptocurrencies so i can't  imagine where they are living now. Trading can be dangerous if you don't have idea what you are doing..

Oh my goodness, this is the first I read that someone here in the forum sold their house for investing to cryptocurrencies. If I am going to think about, that was a hard decision actually. Especially its been almost 1 year were crypto in this industry are facing bear market which is in bad situation actually. Doing trade here also was too dangerous, that's why We as traders are risk taker.

People here are crazier than you think, i don't know if they were just obsess about of the bull run or they were just stupid making decisions without even thinking what risk they were facing.
Trading is not that dangerous ones you have enough knowledge in the market as you were trading you will learn more too on the way.