A better way to invest in cryptocurrency.

[proTECH77]

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 don't like the idea that they should continue to invest every month because they can just hold their remaining tokens during this winter market. And we aren't still sure that the bulls are coming back in a few years because it can also be extended up to 5 years and so on.

Personally, i have be holding some coins over since 2017 ending where the bull run stopped. I bought some coins when the market price was $19,234 hopping that the market price will go up but it never did, so, i decided to hold my coins till the market get back to where i bought exactly before sale. Hold if you can and sell if you are convince to do.

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[1715265374]

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[Finestream]

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.

I see this difficulty in trading as the main reason why we should continue practicing to master the act of trading in order to cut our loses when the bull run comes. If we become less active because the market is bad, then we are likely not to improve our trading skills.

Right.We should keep on moving forward by trading a lot of times because this will eventually improve our trading skills which will help us to make good profits at the end of the day.Trading might be really hard particularly for newbies but if you have gained enough experience on it,then it will be easy for you to trade and end up making good profits.

[Vaculin]

In the bear market, it is very difficult to gain profits, so it has been very hard to survive for most of the traders except a few lucky ones. So, it would be better if you take a fixed job and do crypto trading in your spare time.

  I think having enough knowledge and experiences is the best way to invest crypto, therefore we can choose on which of the coins are viable to be keep and hold for long term investment as the market has carrying high volatilization. And traders must be aware tge possible consequences for every dliberation has made to gain profits.

Exactly! It takes preparation, the willingness to learn and proper education on how to invest in cryptocurrency. It's best to learn before you invest. Investment is not for weak-hearted. Embrace the reality and be aware that if you are getting into the crypto world, it's best to be prepared for a roller-coaster ride because it is wildly volatile. Be open to challenges and learn from every mistake. Open your vision to learn more. Always remember the basic rule which is never invest more than what you can afford to lose. Profit is not served on a silver platter, it takes time, hardwork, discipline, and knowledge inorder to gain it.

Well said.There's no shortcuts in making profits not just in crypto investments but even to those other forms of investments. Hardwork and perseverance really count the most. And when you are trading, always be patient to wait for the right timing to trade and only trade what you can afford to lose.

[uneng]

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!

If you aren't a skilled trader you will be wasting 10-20% of your monthly income by following this strategy. Better to just save money, while training your skills with a low budget until you gain more confidence to risk more money in the market.
Trading can be very difficult, besides the risk, you also have to pay fees to the exchange on every order or to the network when cashing out. Even professional traders can have difficult in a bear market, sometimes it's more advantageous to retreat and to wait the market react to start dealing again.

[Astvile]

Not having a sidejob is the asnwer the aswer for smart investing in cryptocurrency is treat cryptocurrency as a sidejob and never quit your main source of income,thats what people doing wrong quiting their job because they saw someone earn millions from it what a dumb move

[LUCKMCFLY]

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!

Of course, many people did the same thing, but it was because they often participated in projects where it was profitable, because in 2017 the bitcoin uptrend phase took place, and obviously the nascent projects of those times were very prosperous, now the projects have been falling because the etpa of the market that exists is that of accumulation, which, makes the altcoins, bitcoin has had to lower in price, therefore it is not profitable.

The best way to survive with Crypto is trading, understanding market movements well, if you want to live off this, I advise you to read books about the great speculators that there are, they teach a lot, and before you pay a lot in academies where they will teach you only technical analysis based on chartist figures it is better that you educate yourself understanding the market, it is not easy, but you can.
 
Now if you have the possibilities of being an Investor, it is much more great because you only have to be tracking all your investments, you just have to have money and time to do it.

[leowonderful]

The worst thing you can do is put money into trading when you have no idea what you're doing, because you're most likely going to lose this money over the next few days or weeks that you start trading. If you want to start trading, start off with a small amount you can afford to completely lose and read up on the basics and then slowly add in a bigger amount. Learn basic risk management and the platform you're using and basic trading terminology at first so you're not completely lost.

Also remember TA does not perfectly predict the future. Things can and will go wrong with TA, though it does give you a slight edge with trading if you are using it correctly.

[Moiyah]

It is really hard to gain profits with the bear market if you do not aware that margin trading exists. This is the kind of trading that you can still earn profits even if the market is it's worst situation or in a bearish trend. This is more risky than an altcoin trading. So I guess, the safest way is to buy some coins at the dumped price and do a long term investments.

[hawkins]

The worst thing you can do is put money into trading when you have no idea what you're doing, because you're most likely going to lose this money over the next few days or weeks that you start trading. If you want to start trading, start off with a small amount you can afford to completely lose and read up on the basics and then slowly add in a bigger amount. Learn basic risk management and the platform you're using and basic trading terminology at first so you're not completely lost.

Also remember TA does not perfectly predict the future. Things can and will go wrong with TA, though it does give you a slight edge with trading if you are using it correctly.

maybe trading can be an option for those who already have a monthly income, or fixed income. but, for those who are just trying, I think it's a little risky. well, I know that without big risk, we can't get big results. but, I think for a beginner, trying to find crypto from a bounty and airdrop is the best. in this case, I might prefer that path, because among all the roads searching for crypto I know, these two things are ways that have little risk.

[Kiweikoo]

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

This is fact crypto currency is a good way to make money and to use as job even if you are jobless you can use it for making income and to feed your family well, for crypto earners its golden chance as price is not so high but it will be high very soon, just make a goal and focus on it I am surely it will give you good result, if you are not an investor try to save money from your daily earning to invest in future.

This is really a good opportunity for investors to invest in the Bitcoin because it reflects better chances to get the maximum out of it in future. Currently, the price is below 6k US dollar that is 5800 US dollars exactly a low price region of it that is better price to invest.

The research has shown that Bitcoin is always a motivation for the crypto industry to grow more and that is the reason Bitcoin investors want to hold it for long term for excellent returns.

[Opnsrc]

In the bear market, it is very difficult to gain profits, so it has been very hard to survive for most of the traders except a few lucky ones. So, it would be better if you take a fixed job and do crypto trading in your spare time.

  I think having enough knowledge and experiences is the best way to invest crypto, therefore we can choose on which of the coins are viable to be keep and hold for long term investment as the market has carrying high volatilization. And traders must be aware tge possible consequences for every dliberation has made to gain profits.

Yes, it is the best way. It also refers to other types of business and work. You will not get success without enough knowledge. Unfortunately, many beginners simply do not understand it.

[swordling143]

I know a lot of people who quitted their day job to trade in the cryptocurrency market.

Yeah, that would be ideal back then when the market was good. I would've done the same; just imagine the financial and time freedom. Quitting your day job nowadays is ludicrous, well I guess for common traders that is, it's just too risky. The best way to mitigate risks is to gamble with small amounts from your salary and never go all-in. I would say about 10% of what you make in a month is a good start. You can also join and work on bounty campaigns during your free time. That way, you can get a hold of alt coins without spending a single cent. That only risk there is working for nothing; when the campaign turns out to be a scam.

[Altero]

I know a lot of people who quitted their day job to trade in the cryptocurrency market.

Yeah, that would be ideal back then when the market was good. I would've done the same; just imagine the financial and time freedom. Quitting your day job nowadays is ludicrous, well I guess for common traders that is, it's just too risky. The best way to mitigate risks is to gamble with small amounts from your salary and never go all-in. I would say about 10% of what you make in a month is a good start. You can also join and work on bounty campaigns during your free time. That way, you can get a hold of alt coins without spending a single cent. That only risk there is working for nothing; when the campaign turns out to be a scam.

Our life in crypto is just a journey, we never know what will happen next. The risk we face everyday in here will make us strong and given a chance to decide into the possible things. Investing in crypto is really a big challenge and once we've mistakenly choose the wrong coins, will lead us into losing our money. That would be sad.

[bonker]

The better way means it will definitely e need to be better than before so I think taking a different decision when comparing to the previous time is more difference is important but the risk also hired in this to manage the success are losses at the end that's why keeping the same ways in the previous time will helpful for you to get success.

[neonshium]

In the bear market, it is very difficult to gain profits, so it has been very hard to survive for most of the traders except a few lucky ones. So, it would be better if you take a fixed job and do crypto trading in your spare time.

  I think having enough knowledge and experiences is the best way to invest crypto, therefore we can choose on which of the coins are viable to be keep and hold for long term investment as the market has carrying high volatilization. And traders must be aware tge possible consequences for every dliberation has made to gain profits.

Yes, it is the best way. It also refers to other types of business and work. You will not get success without enough knowledge. Unfortunately, many beginners simply do not understand it.

There are so many investors ready for investment in the crypto currency but they are confused to find a better way to invest in responsive coins. I would recommend doing a market research first later on they will get good ways as conclusion of their market research. Every single day we see newly launched projects, alteration in rank and the value of coins which can change your decisions any time.

[superstarbtc]

A better way is always good to invest when the prices are very low in the market. Before investing we have to research about the coin which will easily help the coin to increase its price once the market starts recovering. We should always act when the market situation is very dull.

[Cosbycoin]

It is really hard to gain profits with the bear market if you do not aware that margin trading exists. This is the kind of trading that you can still earn profits even if the market is it's worst situation or in a bearish trend. This is more risky than an altcoin trading. So I guess, the safest way is to buy some coins at the dumped price and do a long term investments.

Who said you can make money in bear market? It is very difficult to do so. You cannot make good money in bear market and hence many people prepare for the bull in the bear market. By this I mean they start speculating in coins that could gain good value in future. Just look at Bitcoin which is going to cross $6000 in few days was around $3000couple of months ago.

[cryptothreads]

The worst thing you can do is put money into trading when you have no idea what you're doing, because you're most likely going to lose this money over the next few days or weeks that you start trading. If you want to start trading, start off with a small amount you can afford to completely lose and read up on the basics and then slowly add in a bigger amount. Learn basic risk management and the platform you're using and basic trading terminology at first so you're not completely lost.

Also remember TA does not perfectly predict the future. Things can and will go wrong with TA, though it does give you a slight edge with trading if you are using it correctly.

When participating in investment, everyone subjective and often makes mistakes when the market shows signs of decline. I think now everything is very difficult to predict and it can go against your thoughts most unexpectedly. In my opinion, the investment should have the most careful consideration because each of your decisions will greatly affect the assets you have and if you lose your temper, you will easily fall into the case of panic sell at this market

[syamster]

It is really hard to gain profits with the bear market if you do not aware that margin trading exists. This is the kind of trading that you can still earn profits even if the market is it's worst situation or in a bearish trend. This is more risky than an altcoin trading. So I guess, the safest way is to buy some coins at the dumped price and do a long term investments.

Who said you can make money in bear market? It is very difficult to do so. You cannot make good money in bear market and hence many people prepare for the bull in the bear market. By this I mean they start speculating in coins that could gain good value in future. Just look at Bitcoin which is going to cross $6000 in few days was around $3000couple of months ago.

So it means the same that can make money in bull and bear because if the price is slow we can make money for buying it at low price and then we can hold it so later on when it will be high we can sell it at higher price, never lose your hope mate invest whenever the price hold it so that it will increase in price, so buy low and sell high is one of the best way to make profit.

[whirlcoin]

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!

desperately is one of the good way to invest your money but how it can perform will be seen only when we are getting the income from that but possibly this is also very helpful for the people who are in in the position to get income quickly.