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Author Topic: Cryptocurrency investment  (Read 2907 times)
Bunsomjelican
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April 09, 2019, 01:05:58 PM
 #281

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.


You have a big point in your statement actually, it is actually easy to invest if you have capital, but in choosing the right altcoins sometimes is the problem, then the major problem also is timing of selling the coins, whether day trade or long term trading. Although, investing in crypto was the major things for us to get profit in this industry.
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April 10, 2019, 12:35:11 PM
 #282

Timing is very crucial but also investing in the right coin with prospective is also paramount

the point is when people invest in the right time, and right crypto assets, they will get a good profit from their investments,,
but, people forgot about learn, they just want to make a huge profit without learn about investments first,,
i'm heard a good quote, "people must learn first before earn"  Wink

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Ngewex Yuk
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April 10, 2019, 01:17:12 PM
 #283

Timing is very crucial but also investing in the right coin with prospective is also paramount

Change is always fast, what we think is good now will be useless tomorrow, this is what makes us always have to change strategies so we can get the profit we expect.

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April 10, 2019, 01:34:01 PM
 #284

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.


The more I invest in various altcoins or tokens, the more I understand that it is better to degrade all your money in Bitcoins or Ethereum. In this case, you at least do not lose your initial capital.
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April 10, 2019, 01:35:40 PM
 #285

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.


I will definitely be negative about your point because for my view, know just when to sell and what is the condition of your investment when you sell is not enough to determine if you've executed the right decision. We could add another factor and that is, why to buy? when to buy? and where to buy? one thing that I am putting my emphasis here is where to buy since the right exchange with the best liquidity will going to handle your investment as good as it is.
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April 10, 2019, 01:36:48 PM
 #286

The more I invest in various altcoins or tokens, the more I understand that it is better to degrade all your money in Bitcoins or Ethereum. In this case, you at least do not lose your initial capital.
You should always have a part of your investment portfolio in Bitcoins and Ethereum. And the rest can already be invested in promising young altcoins. Such as Tera smart money, or Sound Money Coin, or Veil. Many worthy projects.

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April 10, 2019, 01:38:47 PM
 #287

Timing is very crucial but also investing in the right coin with prospective is also paramount

Agreed, basically cryptocurrency investment shouldn't be seen as get rich quick as many see it to be, which is totally wrong of them. Getten involved in the world of cryptocurrency investment, was a good thing to me. Before embarking on investment in cryptocurrency ensure to carryout a thorough research on the project and the product usefulness in the real world before invest on the cryptocurrency.  

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April 10, 2019, 01:39:56 PM
 #288

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.


The more I invest in various altcoins or tokens, the more I understand that it is better to degrade all your money in Bitcoins or Ethereum. In this case, you at least do not lose your initial capital.
There is  no wrong in investing altcoins provided that it is a potential coins in the market or it will belong into the top 20 altcoins. They're still have that profits but it couldn't be compared of what we get from the leading coins BTC and ETH. If you feel not comfortable with those altcoins that you have invested, then you better to sell them and jump into either for BTC or Ethereum.



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April 10, 2019, 01:45:24 PM
 #289

You should always have a part of your investment portfolio in Bitcoins and Ethereum. And the rest can already be invested in promising young altcoins. Such as Tera smart money, or Sound Money Coin, or Veil. Many worthy projects.
Whether for now I myself am not so sure about Altcoin, and prefer to invest in Bitcoin and Altcoin, which is now moving to convince the market rather than investing in ico tokens that are not yet clear about the market and its success.

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April 10, 2019, 01:58:12 PM
 #290

In my perception regarding crypto investment is a challenge which is you will be measured how long your patience is and self discipline by not be too greedy because even the others get profits they dont sell because they want much higher, so the result is failure where their asset totally dropped and never recover. It is usually happened by investing ICO, but its ok because it will charge as part of experience.
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April 10, 2019, 02:58:53 PM
 #291

In my perception regarding crypto investment is a challenge which is you will be measured how long your patience is and self discipline by not be too greedy because even the others get profits they dont sell because they want much higher, so the result is failure where their asset totally dropped and never recover. It is usually happened by investing ICO, but its ok because it will charge as part of experience.

It's been a year and the market hasn't recovered, I won't be able to wait too long to take my lost money, if the coin or token is profitable then immediately selling is the right choice.
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April 10, 2019, 03:06:07 PM
 #292

If initially we are not accustomed to high-risk investments such as crypto, it is ensured that we will not be able to change lives quickly, crypto is a high-risk investment but for me this is the fastest way to get rich.
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April 10, 2019, 03:38:16 PM
 #293

By investing in cryptocurrency it is beneficial because today the cryptocurrency market returns to fame and consequently amraming returns to cryptocurrency and many new projects that are good and legit. And now the cryptocurrencies will continue to increase over many investments and it will continue until it returns to its former state and beyond.
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April 10, 2019, 04:10:22 PM
 #294

By investing in cryptocurrency it is beneficial because today the cryptocurrency market returns to fame and consequently amraming returns to cryptocurrency and many new projects that are good and legit. And now the cryptocurrencies will continue to increase over many investments and it will continue until it returns to its former state and beyond.

The increase from the price of $ 4400 to $ 5200 has been reported in various media, and even Bloomberg TV always tells bitcoin that makes a lot of people curious and tries to invest in bitcoin.

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April 10, 2019, 04:16:59 PM
 #295

It is all about the risks that exist today in the cryptocurrency sphere. Today they are the main problem of all novice traders. Therefore, I think that it is necessary to take them before investing and continue to work in the market.
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April 10, 2019, 04:23:09 PM
 #296

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.


Your explanation are rightly put,  but limited with regards to the current wave in the crypto world.. Do you know that more than the poor,  the so called rich are the most caught up in the mess of the bearish saga. Haven't read that the so called rich folks are those who take the highest risks. Many of them were holding on to what they had as after the last bullish run making them getting caught up in the bearish mess too..
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April 10, 2019, 04:23:14 PM
 #297

Exactly like what you said. Investment must be right at the right time. As of the present time, you should invest in the IEO. If you can know how to buy it, it will be a fortune
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April 10, 2019, 04:29:47 PM
 #298

If initially we are not accustomed to high-risk investments such as crypto, it is ensured that we will not be able to change lives quickly, crypto is a high-risk investment but for me this is the fastest way to get rich.
exactly. The higher the profit, the greater the risk. The crypto market is full of traps and scammers. Investors must accept risks because of that if they participate in this market.
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April 10, 2019, 04:31:27 PM
 #299

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.


I do believe that, based on my experience, never be taken away of news that you hear and even be influenced by speculations of other people. Do not hold on too much to your coin even if you believe that it has potential, sell whenever you think it is the right time. Never sell out of fear that you have been left out. Do your research, do not depend on somebody else's speculation.

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April 10, 2019, 04:39:38 PM
 #300

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.

right. choosing time is probably the most difficult choice in investment steps. You can determine the bottom price but you will not know its price will increase or decrease after you buy a token amount.
I'm having such a case. I invested $ 850 into WPP token and now I have lost more than $ 350 because I didn't choose the right time to buy. This is bad. We need to learn more.

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