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Author Topic: A better way to invest in cryptocurrency.  (Read 1803 times)
Gridness
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May 10, 2019, 02:02:14 AM
 #141

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 am the one who stopped working because of crypto and now has to fight hard for everyday life. your idea is good.
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May 10, 2019, 04:04:25 AM
 #142

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.
Right but whey need to find the coin when we know what is the best crypto currency.Right now bitcoin is doing better and seems heavily bullish at the moment so right time to invest but keep it in long term for the more benefits.

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May 10, 2019, 05:09:55 AM
 #143

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.
Right but whey need to find the coin when we know what is the best crypto currency.Right now bitcoin is doing better and seems heavily bullish at the moment so right time to invest but keep it in long term for the more benefits.
Well we can't never always say to buy in lowest prices because in time that bitcoin or cryptocurrency are bullying we have no other choice but to buy instantly as the train is going ul and for sure we.don't want to be late in train

Some investors are always looking for bottoming before investing and what happens sometimes is they are going late and not getting higher profit from the bull
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May 10, 2019, 05:10:31 AM
 #144

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.

 I think having wise deliberation wiill engage positivity to conquer our investment into a liable outcome. Perhaps, the eagerness to earn money will lead us to act desperately that may also lead us to gain loses, because of the attachment that has build through our emotions. And I think by spending time and taking the risk will be the appropriable way to invest cryptocoins which has shown potential and viability.
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May 10, 2019, 05:28:48 AM
 #145

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.
Right but whey need to find the coin when we know what is the best crypto currency.Right now bitcoin is doing better and seems heavily bullish at the moment so right time to invest but keep it in long term for the more benefits.
You have to be specific in terms of time frame that you are working with your investment, the crypto market have a wild volatility, knowing your good positioning of your entry and exit points will be your edge inside, as you can automatically adopt whatever market movements will bring you.

Always pay attention with the progress and developments of your assets, that will be your key points whether to hold or sell out for a quick profits.
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May 10, 2019, 07:30:21 AM
 #146

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.
This is actually the need of the day. If you do not research about a particular coin in question and invest right away with blind fold on your eyes, you might end up loosing all your investment. This is a lesson learned due to a deluge of dubious ICOs which cost so many people with their trust and money in crypto projects. This is the reason it is important to research before putting in your money.
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May 10, 2019, 09:01:48 AM
 #147

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.
And who says you can’t also make money in bear market, do you think that people are not making money and they will still be in the market? There are several methods people have used in making money in bear market, even this shitcoins we are all castigating, many people have made profit through it including me.

Whether it is bear market or not, provided there is presence of volatility, anyone can make money, the only difference between bear and bull market is that the higher rate of volatility in BULL market makes it possible for investors to make more money than in bear, during this bear market, I cannot count the number of time, bitcoin market has dumped and pumped, so why have we been seeing dump if people are not taking profit, you think every dump we see is as a result of panic sell?

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May 11, 2019, 09:13:07 AM
 #148

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.
I think the right time has come to make an investment in BTC. Because the market has started growing rapidly and after the massive bear the market has successfully crossed the $6k. Now many people have to hope about the bull run like the year 2017 when bitcoin reaches its all-time high. Hopefully, at the end of this year, the bull run comes the same way as that year. But this time we have the chances to make a profit because in 2017 many people have not taken advantage of that massive bull. As per the current market condition we can hope for the bullish market.

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May 11, 2019, 11:29:55 AM
 #149

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.
This is actually the need of the day. If you do not research about a particular coin in question and invest right away with blind fold on your eyes, you might end up loosing all your investment. This is a lesson learned due to a deluge of dubious ICOs which cost so many people with their trust and money in crypto projects. This is the reason it is important to research before putting in your money.
I am sure when anyone sees any campaign called ICO project today, the first book they will carry will be the book of research, LOL. ICO has really taught a lot of us lesson, and I am glad we have sacrificed our money as lesson for the upcoming investors to learn that there should not be any project that will take our money without first doing thorough research on the project.

we have to confirm fully the identity of those that are involved, check the product quality to see if they are coming up with products that will really solve any existing problems that we have in the market that requires blockchain technology.
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May 11, 2019, 03:48:37 PM
 #150

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 am the one who stopped working because of crypto and now has to fight hard for everyday life. your idea is good.
You are a brave person who stopped working because of crypto, and you are one of many people who can do that.
I am sure you very believe with the cryptocurrency, so you make an important decision to choose cryptocurrency as your job.
For people who can do that thing, they are a hard worker, and they have a big dream which they can achieve in the future.
If you can invest your money in cryptocurrency in any profitable coins, then you will have a chance to make a big profit in the future.

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May 11, 2019, 09:50:26 PM
 #151

actually choosing to quit work for crypto is an incorrect step, but in fact there are many people who quit their jobs to learn cryptocurrency.
and way to invest safely in my opinion is to use a little of your money and buy crypto which is in the top of the coinmarketcap.

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May 11, 2019, 11:14:48 PM
 #152

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!

Way back 2017, I am so much agreed on quitting is just fine for me because by that time Bitcoin was kicked its price value in the market.
But at this point of time, its not advisable to give up your job, better to do this as your part time job as your extra income aside from your salary as an employee. So, the right things was the statement what you just said in the above, now the 20% of your cut will be depend on you dude.
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May 11, 2019, 11:19:52 PM
 #153

actually choosing to quit work for crypto is an incorrect step, but in fact there are many people who quit their jobs to learn cryptocurrency.
and way to invest safely in my opinion is to use a little of your money and buy crypto which is in the top of the coinmarketcap.
If you have good income in crypto than of our day job, why not we push ourself into be in full time with crypto.
It is obviously that crypto did the best to all of us, it is our self management to save some in order to be prepared for market drops in the coming days so we have a back-up funds just in case if we lose on our trades.
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May 12, 2019, 11:34:32 AM
 #154

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!

You know, I could relate with this. At a time I left my paying job, crypto was booking then and made so Much money. After sometime, the dip came in and lots of traders were skeptical of investing in cryptocurrency. But the wait finally paid off after it picked up again and presently we're in profit. I believe you shouldn't invest more than what you can loose. This will save you from uncertainties and keep your finances safe

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May 13, 2019, 09:36:28 AM
 #155

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 am the one who stopped working because of crypto and now has to fight hard for everyday life. your idea is good.

You can always return to your work or start something new. I am sure that crypto trading makes a person very tolerant and patient. when you trade, you learn about something new in crypto world every day.
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May 13, 2019, 10:12:12 AM
 #156

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 am the one who stopped working because of crypto and now has to fight hard for everyday life. your idea is good.
You are a brave person who stopped working because of crypto, and you are one of many people who can do that.
I am sure you very believe with the cryptocurrency, so you make an important decision to choose cryptocurrency as your job.
For people who can do that thing, they are a hard worker, and they have a big dream which they can achieve in the future.
If you can invest your money in cryptocurrency in any profitable coins, then you will have a chance to make a big profit in the future.
For a long term holder, they can still buy anytime from now because even if we will see a price correction, it would not have that much gap to what the price is now, maybe a correction to $6000, and we are done with correction for the year, after this correction, I believe the next value we will see is $10,000, and it is when we get to $10,000 that we can boldly rely on the BULISH market.

Short term holders can still take advantage of this period to sell now, and then wait for the little correction before they buy again; I think the correction is inevitable because the market seems overbought according to technical analysis.
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May 13, 2019, 10:24:06 AM
 #157

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 am the one who stopped working because of crypto and now has to fight hard for everyday life. your idea is good.
You are a brave person who stopped working because of crypto, and you are one of many people who can do that.
I am sure you very believe with the cryptocurrency, so you make an important decision to choose cryptocurrency as your job.
For people who can do that thing, they are a hard worker, and they have a big dream which they can achieve in the future.
If you can invest your money in cryptocurrency in any profitable coins, then you will have a chance to make a big profit in the future.
I partially agree and at the same time disagree with that, it is not all that left their job for crypto that are brave people, in fact some people are very unserious in doing so.
If one is to leave a job for ICO project, maybe the person has a great idea and since the opportunity is there to use ICO to fund the project, then it will really be worth it to leave any job for it, but if the purpose of leaving job if for bounty campaigns or airdrops, thinking the market has magic that will always multiply funds gotten through campaigns, then the person must really visit a rehabilitation center.

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OrangeSeller
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May 13, 2019, 11:22:03 AM
 #158

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!

You know, I could relate with this. At a time I left my paying job, crypto was booking then and made so Much money. After sometime, the dip came in and lots of traders were skeptical of investing in cryptocurrency. But the wait finally paid off after it picked up again and presently we're in profit. I believe you shouldn't invest more than what you can loose. This will save you from uncertainties and keep your finances safe
Exactly what we did and still doing but you should not sell early because we see that the price is in motion and this is good for us to wait. In this way it will be more profitable to keep it now and sell it on the most possible price. Now many investors have taken interest in the Bitcoin due to its current price movement they are also excited about its output that can result in any possible profit in future.
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May 13, 2019, 02:48:32 PM
 #159

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.
Your experience as I experienced it too. When Bitcoin reached its highest point in 2017, I foolishly did not sell anything, instead I bought altcoin which is now a waste! Luckily for those who still hold bitcoin at this time. I am sure that bitcoin will go out in the near future.
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May 14, 2019, 03:49:33 AM
 #160

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!
Even if the market becomes good again, I will still not take the risk to leave my job just to trade because the profit here is not guaranteed compare to the fixed income that I can get from my job. Its good to set aside a small portion of your income and invest it when you’re ready to trade at no specific time.
Thats true, if you want to trade just put some amount only, not to quit your job, even if we see the market is good. Because time will comes there is a bearish market will happen again. So continue if you have a job or if you quitting job you should know some risk. The advantage if you have a job is that you can get from your salary just to trade.
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