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Author Topic: A better way to invest in cryptocurrency.  (Read 1803 times)
Dewi Aries
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January 29, 2019, 11:24:50 PM
 #81

just trading now is still difficult for us to get profits, because the current market conditions have not changed. so what we have to do is to be able to get that big profit by holding it until the market experiences major changes

Trading is always difficult, and the possibilities of losing is similar in the bearish and bullish markets. Trading is an art which is learnt, to be sure it's still a gamble and everyone loses at a point, with more experience one would profit more times than not, in any market.
Actually if people trade without analysis, maybe they still gamble with market. But they wouldn't lose all their money like in gambling system. But that still on pros and contras because some people disagree with that.

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January 30, 2019, 12:54:41 AM
 #82

Quit from the job and spend all times for trading is not good idea because we can not guarantee we will make profit monthly,  we should be use trading activity as second job and we should be have others source  income.  Because the crypto  market or stocks market nearly unpredictable. Spend times 2 hours aday is enough for trading activity.

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January 30, 2019, 01:37:17 AM
 #83

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!

Me and other experienced traders or veterans has always said that you should not go full time on crypto if you don't have other source of income to support you. Trading in this type of market is not highly advisable to individuals who are average earners that who wants to quit.
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January 30, 2019, 12:16:41 PM
 #84

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!
Its really a tough decision giving up your daily job and focus for crypto trading but ifvyou are experience enough in day trading i guess its also a good decision but if you are s beginner or minimal knowledge in trading that would be a very risky decision. Much safer if you have a daily job and make trading as part time job only until you become more experienced.
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January 30, 2019, 03:46:06 PM
 #85

just trading now is still difficult for us to get profits, because the current market conditions have not changed. so what we have to do is to be able to get that big profit by holding it until the market experiences major changes

Trading is always difficult, and the possibilities of losing is similar in the bearish and bullish markets. Trading is an art which is learnt, to be sure it's still a gamble and everyone loses at a point, with more experience one would profit more times than not, in any market.
Actually if people trade without analysis, maybe they still gamble with market. But they wouldn't lose all their money like in gambling system. But that still on pros and contras because some people disagree with that.

Actually, i think it's better to forget about bug profits first at this time because there's no reason to believe that can be acheived in the short term. Trading efficiently in a market with this kind of movement would only give you decent amount of earnings. Better to look at a long term plan if i were you.

 
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January 31, 2019, 11:40:20 PM
 #86

With side job there sure will be enough space for life needs and investment in crypto. And the level of stress is reduced drastically, investor should not be so worried about it. The problem is that people usually want to achieve some good profit in short amount of time and, looking at the movement of the bitcoins price in all this years, they think that bitcoin can provide that to them. The strategy that you propose is much safer but it require waiting, patient and that`s something that people today don`t have too much.
Exactly, Most people want to get rich quick. Even me.  Cool Cool Cool
Cheesy  Cheesy Cheesy Even me too. But somehow I am not die trying. I even don't play lottery, you know, just in case. Still, I'm rational person. Expectations of winning the lottery is different than one of becoming rich by investing in bitcoin. People saw and see bitcoin as some quick get rich scheme. And than get disappointed.
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February 01, 2019, 09:15:00 AM
 #87

coinmarketcap is faulty all the data marketcaps trade volumes are wrong misleading investors
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February 01, 2019, 10:57:49 AM
 #88

just agree , that not wise choice to invest all of your income / money into cryptocurrency , the best way to invest is investing on something that u will to lose
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February 01, 2019, 11:09:40 AM
 #89

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!
I totally agree with your method, I think that way too, because at this time to trade day it is very difficult for us to be able to get profits, so indeed we have to work in the real world and we can invest some of the money from our work, and indeed we must be able to believe that the crypto price will grow again, even though we cannot determine when it will occur.

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February 02, 2019, 01:57:06 PM
 #90

yes I agree with you, if we do that we don't have to work very hard to get money when this very bad market situation. because we already have income from our salary that we set aside
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February 02, 2019, 02:36:00 PM
 #91

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!

All you have said is true. So this is why cryptocurrency is also called as a passive income because it can gain profit by simply holding and also you can have a stable job alongside with it. You can also put your savings on crypto rather than banks if you want to maximize your earnings.

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February 02, 2019, 02:42:38 PM
 #92

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!

All you have said is true. So this is why cryptocurrency is also called as a passive income because it can gain profit by simply holding and also you can have a stable job alongside with it. You can also put your savings on crypto rather than banks if you want to maximize your earnings.
That's the beauty of it, having pure investment without worrying about the market situations, if you can deal with this two separate things you can
build a much strong future ahead of yours  in terms of financial capabilities, just look for betterment of life ahead and enjoy  working while you are
also investing portions of your salary.

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February 02, 2019, 02:49:21 PM
 #93

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!
Lol, people know this "strategy" already. This is nothing new. Actually everyone should follow this. They should never go all in with their money while investing on crypto currencies. They should only invest a part of money they can afford to lose. The market is unpredictable in the short run and you may lose everything within few minutes.
And people should never quit their job for trading in the market. A job will give them a guaranteed steady flow of income, but trading won't.

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February 02, 2019, 03:10:35 PM
 #94

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!
Apart from these, I think people who have decided to invest in cryptocurrency should spend some time to gain knowledge on whatever crypto coin they want to invest in. Knowledge provides the necessary understanding needed to know the basic outcome of an investment. Also I think the best way to invest in cryptocurrency is by investing the amount you can risk loosing. Cryptocurrency investment is not for the greed but for those who know and understand the purposes behind the development and use of cryptocurrency and the basic risks associated its investment.
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February 02, 2019, 04:21:41 PM
 #95

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!
Apart from these, I think people who have decided to invest in cryptocurrency should spend some time to gain knowledge on whatever crypto coin they want to invest in. Knowledge provides the necessary understanding needed to know the basic outcome of an investment. Also I think the best way to invest in cryptocurrency is by investing the amount you can risk loosing. Cryptocurrency investment is not for the greed but for those who know and understand the purposes behind the development and use of cryptocurrency and the basic risks associated its investment.
Knowledge is the key to success. Without knowledge, we can't even have a profit of single satoshi. There always is a lot to learn instead of earn. The more we will learn more and more about each major tributary of cryptocurrencies the more ways will come infront of us to earn major source of income. Cryptocurrencies gives us a lot of opportunities to invest and gain good sources of passive income.
vixcious
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February 02, 2019, 05:25:18 PM
 #96

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!
But if you do another job, you won't be able to focus on the crypto market. we will only succeed when we focus on a single job.
instead of having to do other jobs, we can trade everyday to get some money. I think that is the best way to be successful in the crypto market.

EyeOfHorus
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February 02, 2019, 06:03:43 PM
 #97

You should probably clarify what do you want, I can suggest you to invest in ICOs you can enrich yourself but depends on what you want, you can try DexAge great project and concept also you can try Grin or any else. Why is it good? Well you need to learn it deep why are the thriving to be that good.. as for me I got the DexAge yet to learn the Grin... visit and learn an make your opinion.
Babyrica0226
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February 02, 2019, 08:53:22 PM
 #98

just trading now is still difficult for us to get profits, because the current market conditions have not changed. so what we have to do is to be able to get that big profit by holding it until the market experiences major changes

Trading is always difficult, and the possibilities of losing is similar in the bearish and bullish markets. Trading is an art which is learnt, to be sure it's still a gamble and everyone loses at a point, with more experience one would profit more times than not, in any market.

Indeed, trading is not that easy were once you decide to do it, it doesn't means its to get earn here. Of course not!  Trading need research first in the coins you are going to buy, then you must also know about the basic knowledge in trading too. Though, the market was unpredictable you also need to gamble your coins or capital when you do trading trading.  Just buy now then be a bullish.
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February 02, 2019, 09:50:27 PM
 #99

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!
But if you do another job, you won't be able to focus on the crypto market. we will only succeed when we focus on a single job.
instead of having to do other jobs, we can trade everyday to get some money. I think that is the best way to be successful in the crypto market.
doing trading only will be a difficult for all of the traders to get their profit then how can they manage their secondary job also in the meantime but considering trading as a main job is very difficult for anyone in trading we need some other way of income not and secondary job.
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February 02, 2019, 10:49:54 PM
 #100

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!
But if you do another job, you won't be able to focus on the crypto market. we will only succeed when we focus on a single job.
instead of having to do other jobs, we can trade everyday to get some money. I think that is the best way to be successful in the crypto market.
doing trading only will be a difficult for all of the traders to get their profit then how can they manage their secondary job also in the meantime but considering trading as a main job is very difficult for anyone in trading we need some other way of income not and secondary job.

Yes trading can be consider as a sideline job because not all times the market is in good condition . stable jobs that pays in fiat are more guarantee because they provide sucessive income for a longer time  . many want to apply for a job offline but the problem is that applying a real job is also hard than most people think . 
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