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Author Topic: A better way to invest in cryptocurrency.  (Read 1802 times)
jonaire99
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May 16, 2019, 05:26:26 AM
 #181

Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.

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May 16, 2019, 10:48:57 AM
 #182

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 think it is very important to have many business and many sources of money flow and not just one risky source. This could lead to chaos in future because you do not get what you want in crypto market. There might be an extended recession and you would not be able to make good money in the recession so things would be way too tough for you this is why you need to diversify.
If you are able to make some good money in your business, it means you have invested your money in the best way. This is important from an entrepreneur’s point of view that his investment decision be good enough to give him good return. I think that your decision would be the best decision if you speculate in Bitcoin right now to claim your part if the profits that so many people are willing to do.

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May 16, 2019, 03:02:12 PM
 #183

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's really a great plan and to be veey much honest it can really helpful.
But OP you will be shocked to know that many of the people who are in the field of cryptocurrency do this.
Not only they, i myself does the same.
It's for me and many others a passive income.
And also if we face some losses then we accept it as this is not the only source of money.
Nevertheless thanks for the info always.

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May 16, 2019, 03:07:35 PM
 #184

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 are talking about 2017 when crypto currency give us a lot of profit and mostly people they quit their jobs and started working on trading and no doubt in trading they have earned a lot of money. But in 2018 was not good years for all traders, especially for those persons who quit their jobs and only choose trading.
But we learn from our mistakes, i also think everyone should have a side job or business where he get a monthly income for their monthly expenses.  
Well, 2018 is really a year of awakening for many people, especially traders who always spend all their time on the market and give up their main jobs, they recognize the risks and problems they can face when they rely on trading to make money, they understand that they need a stable job to maintain life, instead of leaving all and living with trading. However, many people still spend part of their income each month on crypto, that's good but they should know that the risk is always proportional to their capital, they should control that ratio accordingly

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May 16, 2019, 04:01:16 PM
 #185

Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.
we should have permanent job to earn regular income to fullfilled our needs.and working or investing in crypto as side job and side income that someday could give us bigger earning than our salary in regular job.many people already did it.from now on they prefer to spend their money and time for cryptocurrency.
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May 16, 2019, 04:54:40 PM
 #186

Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.
we should have permanent job to earn regular income to fullfilled our needs.and working or investing in crypto as side job and side income that someday could give us bigger earning than our salary in regular job.many people already did it.from now on they prefer to spend their money and time for cryptocurrency.
some community that earn millions money from cryptocurrency prefer quit from their regular job.they want have more time to spend with their family and they still work in crypto market to earn bitcoin or altcoin as income source.

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May 16, 2019, 06:32:23 PM
 #187

Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.
we should have permanent job to earn regular income to fullfilled our needs.and working or investing in crypto as side job and side income that someday could give us bigger earning than our salary in regular job.many people already did it.from now on they prefer to spend their money and time for cryptocurrency.
I hope some of us will listing to this good advice give and if you cannot get a job you should develop your skills in another field so you can be having another fund for your live outside trading.  Remember,  that around 96% of traders do lose money and that means you have to be extremely experienced to make it in trading  .
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May 16, 2019, 06:50:09 PM
 #188

I  would advice you to invest in few best crypto currencies like, bitcoin, LTC, ETH, BNB, BAT, XRP, TRX and BCHABC are best coins now to invest in. Trading is a good platform now to invest and take good profits. Do not hesitate to move into it.
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May 16, 2019, 07:59:27 PM
 #189

The traders who are feeling difficult to invest in crypto or the one who is worried that they are losing their cryptos can make money other ways for some time and later they can invest in cryptocurrencies. I found some of the useful ways for investing in cryptos are joining few genuine airdrops, cloud mining also will help to gain massive income with cryptos. Also there are many referral programs and giveaways that are given at exchanges, check and join all those to make some profit.

Once you feel that you are stable and have enough money with you to invest in cryptos then you are good to go in investments. Also, check the market price. Buy when the price is low and hold until the price reaches a good range and stable. Sell when the price is high and stable for long time.
Yes that is fine to think about trading but before getting in we should learn trading, I really like the way you have suggested but we should not leave after once investing our money in trading for long term, cloud mining needs time and we will have to pay our fully time to it, just consider it sideline earning and put your effort to grab the opportunity buying at low price and then trade for long term.

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May 17, 2019, 03:04:45 AM
 #190

Today to make that decision is very risky, however, it can be done, first, you can give up your work as long as you have already had the experience to be able to live on this, that is, to live on this the best thing is trading , but for trading you have to know a lot about financial education, you have to read many books of this, so that you understand the market very well and not only doing trading, you can also participate in some projects where they pay you with altcoins or with bitcoins because you can not do just that.

To achieve that part you must prepare, then the best thing is to continue with a stable job, because you will always have your income, you can prepare much more, because to dedicate yourself to this implies studying as a professional, always preparing yourself, updating yourself in front of the new challenges that you have to face, that not all the time the market will be bullish and you can win only with investment, which you can also win with the bearish market.

I think that if you have the possibility of doing both, it is recommended for you to gain experience and not run out of money, that is why you should also dedicate a lot of time, and above all, have the desire to do it, and know how to decide when to invest and when to speculate in the market.

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lovesybitz
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May 17, 2019, 03:36:07 AM
 #191

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!

Don't invest what you can't afford to buy, always buy according to the budget you have. Since so far that We are facing bull anyhow and Bear is already done for almost 1 year, I think its time for the long time holders to receive their rewards after they've waited so long. Since that Bull run is now happening. Which I think it is still good to buy altcoins and Bitcoin as long as the price is not that kicking out so much in the market.
ricardobs
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May 17, 2019, 10:26:09 AM
 #192

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.
LOL, I guess you are also seeing bitcoin recovery price as the last ATH, which we will surely see, we just have to be little bit more patient, that is why we have it as long term investment, and if we look at bitcoin long term investment, there is no fixed time as to when the time will come, but a factor must definitely make it come within a short term.

If I were you, I would have used those altcoins to recover by selling them into BTC, you keep using those altcoins you sold to BTC to buy dip and take profit every time you see an opportunity, in which by now, you may have almost recovered your money.
I think it is the best time for someone to make some good money in the crypto market. Of course the price of Bitcoin is going up and we are on not ATH but on the highest point of the year. And bear in mind we will be on the all time high in days to come.  So a better way to invest in crypto is the way you follow in which you get your profits maximized.
travwill
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May 17, 2019, 02:33:40 PM
 #193

Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.

But in this case it all depends on how much your capital is and how you manage it. If you are a trader, you can earn money in spite of the investment portfolio.

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legenduim
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May 18, 2019, 04:36:53 AM
 #194

Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.

The best thing is to have a permanent job, but that one that leaves you the time to invest in cryptocurrencies and get an additional source of an income. By the way, the most successful traders work also (I do not mean in crypto).
OrangeSeller
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May 18, 2019, 07:17:52 AM
 #195

Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.
If you are in the crypto thing for money, it is more likely that you are not going to be successful or you might make some profits due to a right time decision but that would be nothing as compared to the profits made by someone who prefer to stay in the crypto market regardless of the market vibes. This is important. A better way to invest in crypto is to get your self fully dedicated along with doing other things as well.
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May 18, 2019, 08:15:25 AM
 #196

The best thing is to have a permanent job, but that one that leaves you the time to invest in cryptocurrencies and get an additional source of an income. By the way, the most successful traders work also (I do not mean in crypto).
Nice bro, permanent work is the main thing, but we also must to have something that can give us extra income even the results may exceed the income from our main job, and cryptocurrency provides an alternative for us.

Cherylstar86
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May 18, 2019, 10:20:29 AM
 #197

Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.

But in this case it all depends on how much your capital is and how you manage it. If you are a trader, you can earn money in spite of the investment portfolio.

   Having knowledge and awareness of possible consequences may generate how we handle on our investment. Therefore, we can create a wiseful method by choosing a viable asset with high potential in crypto market, because we have to spend capital with high assurance in return. And the most appropriable way is to have determination by deliberating a liable outcome.
melted349
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May 18, 2019, 08:16:23 PM
 #198

Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.

But in this case it all depends on how much your capital is and how you manage it. If you are a trader, you can earn money in spite of the investment portfolio.

   Having knowledge and awareness of possible consequences may generate how we handle on our investment. Therefore, we can create a wiseful method by choosing a viable asset with high potential in crypto market, because we have to spend capital with high assurance in return. And the most appropriable way is to have determination by deliberating a liable outcome.
Knowing the project's purpose helps in deciding where to put our savings, there are traders who keeps on watching the market and finds reason why this alt increases suddenly, take those data to find whether their worth investing.
neonshium
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May 20, 2019, 09:24:14 AM
 #199

The best thing is to have a permanent job, but that one that leaves you the time to invest in cryptocurrencies and get an additional source of an income. By the way, the most successful traders work also (I do not mean in crypto).
Nice bro, permanent work is the main thing, but we also must to have something that can give us extra income even the results may exceed the income from our main job, and cryptocurrency provides an alternative for us.
Crypto currency is now a major source of making money for professionals who are making money since long in this industry. They are least interesting in doing jobs and any other source because in crypto trading they see a lot of money and that is why all the time they are exploring new projects to make money and they are successful enough. New traders should also work hard if they want to make money.
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May 20, 2019, 01:47:39 PM
 #200

Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.

The best thing is to have a permanent job, but that one that leaves you the time to invest in cryptocurrencies and get an additional source of an income. By the way, the most successful traders work also (I do not mean in crypto).
I heard a lot of crypto traders get successful in here, and to think that are spending a lot of time in trading rather be in any social life. 
If I have enough money to start in trading, I will definitely in fulltime trading but I don't have. It is on high advantage if we start in huge amount cause the possible we got will be also that big amount.



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