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Author Topic: A better way to invest in cryptocurrency.  (Read 1832 times)
aderidwan98
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May 20, 2019, 02:40:25 PM
 #201

That's a good idea, in my opinion the way you invest is very healthy, so we can minimize losses if the price of bitcoin and altcoin is falling.
pant-79
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May 20, 2019, 03:03:28 PM
 #202

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 think that if a person wants to be a trader, then first of all, it is necessary to get the appropriate knowledge and skills. And for this you need to learn a lot of information and constantly practice. If these conditions are well met, the trader will be able to earn in any market, be it bullish or bearish.
Of course, if your friends earned  only because of luck, then it was very unwise for them to give up their main job. In this case, they should have first mastered the trading skills.
OrangeSeller
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May 21, 2019, 11:49:29 AM
 #203

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.
These famous people in the crypto category are not famous and rich because they have made all their money in crypto but a matter of fact is that they look for and make use of every opportunity in the market. They invest in real estate and in the automotive industries. Hold stocks and bonds and provide consultancy and stay in the crypto market. This is the way you do things. Not just crypto.
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May 21, 2019, 02:51:20 PM
 #204

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.
These famous people in the crypto category are not famous and rich because they have made all their money in crypto but a matter of fact is that they look for and make use of every opportunity in the market. They invest in real estate and in the automotive industries. Hold stocks and bonds and provide consultancy and stay in the crypto market. This is the way you do things. Not just crypto.
Youre right with what you said because most of the people which are millionaire through crypto today are those who are smart, open for what to come and thinking ahead while some people sees  bitcoin as scam they were accumulating it then this why I also choose to always check the new coin added on CMC if they worth invest before they go popular just like Grin. However, what newbie need to first know are the tactics of choose the right coin and time to invest.

logicgate
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May 21, 2019, 08:56:22 PM
 #205

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.
These famous people in the crypto category are not famous and rich because they have made all their money in crypto but a matter of fact is that they look for and make use of every opportunity in the market. They invest in real estate and in the automotive industries. Hold stocks and bonds and provide consultancy and stay in the crypto market. This is the way you do things. Not just crypto.
Youre right with what you said because most of the people which are millionaire through crypto today are those who are smart, open for what to come and thinking ahead while some people sees  bitcoin as scam they were accumulating it then this why I also choose to always check the new coin added on CMC if they worth invest before they go popular just like Grin. However, what newbie need to first know are the tactics of choose the right coin and time to invest.
  Now this is modern age and people are so sharp. Everyone has the facility of become a good trader, searching is not hard tasking as I market there are so many sites available, so try to search in the market about good coin and then invest with small amount after getting good profit making expertise, one can again invest at red market to hold.
BUK2016
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May 21, 2019, 09:25:13 PM
 #206

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 strongly believe that the bear market is the best time for investors to invest and expect good return on your investment in time to come. And if you are saying they are struggling during the bear market it then mean that they bought at the wrong time and that was why they are struggling during the market decline which I believe they should be buying more coins and hold for a while.
dmty.0809
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May 22, 2019, 03:05:39 AM
 #207

Absolutely, use more money for investment, don't use your entire assets. If the market price falls you are not too worried about investing capital. But I am sure investing in crypto is good for the long term. So don't miss this good moment.
Aivaryamal
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May 22, 2019, 04:27:39 AM
 #208

I agree with the author of this topic, and in general in life you need to try to create several sources of income, such as acquaintance with the digital market, I started with an investment project, then began to make bounty, now I also trade additionally!
BlackFor3st
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May 22, 2019, 04:34:29 AM
 #209

Yes you are right but not all of it are correct as it will always depend to the traders on how they are going to survive especially in bear season.
For us who are not yet a professional, we can consider it as crucial time and we surely struggle just to survive the bad market condition.

But for those professional traders, I am pretty sure that this kind of scenario will not happen to them as they already know what they are going to do especially in bear season. Though I cannot really point out their tactics in order to survive and keep on earning but one thing I am sure of, they are using their intelligence and experience in trading to overcome it.

joromz1226
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May 22, 2019, 07:06:42 AM
 #210

The better way to invest in crypto is that you must choose the top 10 altcoin listed at the top 5 exchange platform at the coinmarketcap.
Remember big capital big income, small investment of course small income. Especially now is the best time for us to buy coins in the market
as well.
Kiweikoo
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May 22, 2019, 07:57:21 AM
 #211

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.
Yeah this is a good way for making money and in fact a bit secure when you speculate as compared to all those other assets you speculate in. The risk here is not long prevailed because the coins have great potential and there is always a recovery after the bear market. You have good profit margins when you speculate/invest in the down market and trade the coins for profit.
Al-e_x
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May 22, 2019, 09:18:37 AM
 #212

I think your investment management is pretty good, traders should also apply the same thing if you want to invest in the crypto world safely
johncarter123
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May 22, 2019, 09:47:48 AM
 #213

I think I have a better way. I just keep my original investment, and do not spend any more FIAT on it, while trying to do gigs to earn crypto like answering surveys on earn.com etc.
If you know a statistics gig, let me know.
Is this site is free or we have to pay some amount to get participate in the surveys and many more...And I am fully satisfied with your answer for not spending a single penny from our original investment.
bitcon
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May 22, 2019, 08:06:56 PM
 #214

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.

To invest your money in these cryptocurrencies, you must first earn this money. Do not listen to the guys that recommend you to quit the main job to dive into trading. Work, earn, and then invest in crypto.
bravehearth0319
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May 22, 2019, 09:15:09 PM
 #215

Having a job is an advantage for the newbies, because you have a source of income to buy crypto in the exchange site platform.
But if you are jobless and yet you are only a newbie here in the forum, it will also be difficult for you to earn much here too.
Due to if you will participate in bounties you must at least Jr. member in rank for you to be qualify to be accept in the bounty
campaign.
rijaljun
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May 22, 2019, 09:21:06 PM
 #216

I think your investment management is pretty good, traders should also apply the same thing if you want to invest in the crypto world safely
It's good because is a basic knowledge. No one put whole of their income for investment, they must separate it for daily expenses, saving, etc.

Having a job is an advantage for the newbies, because you have a source of income to buy crypto in the exchange site platform.
having a job is not an option, everyone must have jobs. I wonder how would you live without job?

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logicgate
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May 23, 2019, 07:24:14 PM
 #217

I agree with the author of this topic, and in general in life you need to try to create several sources of income, such as acquaintance with the digital market, I started with an investment project, then began to make bounty, now I also trade additionally!
A permanent place of income is needed where you can provide the money you need to live. Afterwards you can invest in the trade you want with the remaining money. Do not forget that your investment can turn to zero at any moment.
  We can invest for trading I have found it the most beneficial way of making money, I know there are so many cryptocurrency we will have to chose the best one and invest for trading and work on it, as time passes we get experience and you will know more ways of investing,. I like to spare small amount of money for my daily needs otherwise I prefer invest my whole amount of money in trading as it increases our investment faster and safer.
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May 23, 2019, 08:32:57 PM
 #218

I think your investment management is pretty good, traders should also apply the same thing if you want to invest in the crypto world safely
It's not a "safe" method, rather than with cutting down your expanses you already have money to save and already have backup if market falls down anytime. So, you don't need to wait forever just to get it back.

But if you are jobless and yet you are only a newbie here in the forum, it will also be difficult for you to earn much here too.
It doesn't matter if you are newbie or not, if your brain is newbie too :p
If they have good knowledge about Bitcoin and Altcoin, then they can easily rank up.

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May 24, 2019, 03:10:27 AM
 #219

The investor came into this field while the price increases only but we had lots of opportunity when the market condition is not good we all know the future of the cryptocurrency is definitely in positive way so investing on the bad condition also be the best and good opportunity for everyone.

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May 24, 2019, 03:49:18 AM
 #220

The investor came into this field while the price increases only but we had lots of opportunity when the market condition is not good we all know the future of the cryptocurrency is definitely in positive way so investing on the bad condition also be the best and good opportunity for everyone.
But we must chose the best candidate for that because not all cryptos can recover once their value is in critical state  . investing when the price is rising is not a bad idea and the reason why they do it is because they want to be sure that a coin is still alive before they invest  while others that cant afford the price will only prefer to wait for the coins to drop so that they can get a bang for their buck  .
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