Five important advices in cryptocurrencies investing !

[livingfree]

First: This is the mistake that most of the newbies do, when they find out that someone has profited from that specific coin they'd also invest to it without thorough research on what they are investing.

Second: The opposite thing happens for new investors, they are buying at high and selling at low due to panic.

Third: It is okay to rush and sell the coin if you want to cut losses because you may not know if that coin will still recover after its dip.

Fourth: It is okay to buy one currency if it is bitcoin.

Fifth: It's better to say that don't store your funds on exchanges.

[alexsandria]

Wow. It is bluer than blue.

Maybe you should've stayed with just using black fonts and not that sore in the eye colorful thread.
I read it and it is all just basics which have been posted here a lot of times.

You wont get any merits from this since it is just like a repeated thread and you might even get a warning for your colorful art. 

Yes that's somehow correct but considering the fact that he just applied what he just learned from the basic and beginner tips, it is quite still important to consider as he is making the topic updated, in that case, everyone to altcoins or investment specifically on trading can figure out what should be the essential.

[Alpinat]

Actually, you have almost all of the ways to be a success in the world of cryptocurrency. Especially when you said the doing research before investing on any altcoins or tokens here. We should keep that in mind for us also to overcome the fraud and scam projects.

[mrdeposit]

Third: don't panic during the drop of the coin
 and do not rush to sell it because it may return
To rise again you must be very patient during trading

Not every coin has to make a return. Even there is nothing that guarantees it.

Fifth: Do not invest in only one exchange but must
use at least two or more exhanges

It will be safer to use the exchange only for buying-selling. That is why we should not invest in change.

[Leo]

Hello everyone  
I want to share with you five important tips to keep in mind when trading cryptocurrencies  

First: Do not invest in any currency before studying it thoroughly and searching for it in depth
Second: you should always buy at the lowest possible price
 try to buy the currency when it decreases To the lowest levels
 and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment
Third: don't panic during the drop of the coin
 and do not rush to sell it because it may return
To rise again you must be very patient during trading
Fourth: Do not buy one currency with all of your money this is very dangerous which fall
The currency will result in your loss of everything you own
Fifth: Do not invest in only one exchange but must
use at least two or more exhanges

Nice information being pass there dude,  kudos but it's easier said than done, greediness won't make lots of cryptocurrency investors heeds some of the advice

[Redemption59]

Hello everyone  
I want to share with you five important tips to keep in mind when trading cryptocurrencies  

First: Do not invest in any currency before studying it thoroughly and searching for it in depth
Second: you should always buy at the lowest possible price
 try to buy the currency when it decreases To the lowest levels
 and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment
Third: don't panic during the drop of the coin
 and do not rush to sell it because it may return
To rise again you must be very patient during trading
Fourth: Do not buy one currency with all of your money this is very dangerous which fall
The currency will result in your loss of everything you own
Fifth: Do not invest in only one exchange but must
use at least two or more exhanges

Investing in only one exchange is like laying all your eggs in one basket and investing all your hard earned money is is classified as uncalculated risk but most importantly, perseverance, patience, selective and a vivid research on any coin is needed before investing in any coin. Open your "eyes" before investing in other not to feed scammers.

[Supercrypt]

Wow. It is bluer than blue.

Maybe you should've stayed with just using black fonts and not that sore in the eye colorful thread.
I read it and it is all just basics which have been posted here a lot of times.

You wont get any merits from this since it is just like a repeated thread and you might even get a warning for your colorful art. 

Yes that's somehow correct but considering the fact that he just applied what he just learned from the basic and beginner tips, it is quite still important to consider as he is making the topic updated, in that case, everyone to altcoins or investment specifically on trading can figure out what should be the essential.

At least, his post will still be useful for whoever is opening it on the day he posted it, you know we have people in this forum that are very lazy in scrolling through the site to reach where some of these updates has been posted before, for the day posted, I am sure we will still have one or two people that his write up will touch and also educate.

We have so many things in our minds running on minute basis, and sometime, we need these type of little reminder to assist us in checking or track if we are still on the right track in respect to our trading and investment, so I still appreciate him a little for his efforts in outing this up.

[CryptoBry]

Investing entails many risks but can turn out to be rewarding. Investing is just like our journey in life. Investing is open for all but not all can be for investing since not all have the time and the effort needed to make oneself an informed and wise investor. These and more can be quite true when it comes to cryptocurrency. However, if someone can be using your basic and common-sense-filled 5 tips then there is a big possibility of a good future ahead. The thing is to avoid our own emotion when investing and just rely on information and rational decision making...not actually so easy but can be done by anyone.

[BeGoods]

This is a very good one, this is what we need on this forum for newbies coming into the space and not people coming into the forum to shill projects just to find way to scam people of their hard earned money. I have been saying this and will always keep saying it that before anyone invest in a blockchain project especially when it has to do with ICO, it is expedient to make a thorough research about the project, the best way to start your research is to check the ANN thread of the project to see other users review.

Right, dont invest there, if you don't have knowledge in that project. if you want to invest in a coin you have to understand the ins and outs of the coin. it will give you more chance for profit. and good tips for using lots of exchanges

[rjp55]

Education and dyor is most important thing in my opinion.

You need to educate yourself about crypto and never trust anybodys saying, just dyor.

[Dark Ripper]

Important advices in cryptocurrency? I think one of the most important advice to be hear and to be said in cryptocurrency is to know first on how cryptocurrency works in which you must know what is the up and downs of cryptocurrency especially in jnvesting because if you invest in cryptocurrency there is no assurance that your investment will became higher and give a lof of profit because crypto world have up and downs. And 2nd of all is to know what you are investing to avoid scammers. For now I suggest to invest some of your money or cash and start a day time trading in which you can earn a lot of amount of money when you become good on it. For now I am using darb finance, in which this trading platform is a very good platform in which you can easily deposit and withdraw your money without any problem. So what are you waiting for? Go and invest and have some good application in trading.

[kindbtc]

You have put all your points nicely i will add by saying that while investing in crypto the safest things are:
Never fomo or buy when price is pumping or already pumped.
Always try to buy at lowest point and sell at higher point.
Do not get emotional with any coin and also do not get over greedy.
Diversify to reduce risk.
I think sticking with these basic rules can cut losses and result in profits.

[BurstBurst]

Thank you for providing us with information on investing and knowing that many investors have read it and have learned a lot about investors to be calm and not to be greedy in investing especially ico scams that are spreading your you can only invest in enough money and just invest in it so that it does not hurt you when you lose big money to invest in ico and do not panic just calm because it can affect your health and you can You will be stressed at your buy tokens and holds.

[cryptobae10]

Hello everyone  
I want to share with you five important tips to keep in mind when trading cryptocurrencies  

First: Do not invest in any currency before studying it thoroughly and searching for it in depth
Second: you should always buy at the lowest possible price
 try to buy the currency when it decreases To the lowest levels
 and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment
Third: don't panic during the drop of the coin
 and do not rush to sell it because it may return
To rise again you must be very patient during trading
Fourth: Do not buy one currency with all of your money this is very dangerous which fall
The currency will result in your loss of everything you own
Fifth: Do not invest in only one exchange but must
use at least two or more exhanges

Good rules but outdated and too long

No matter what token you are buying either bitcoin or etherum
Always do your own research; avoid fud and fomo and sell at the peak

A short summary of your thread
Good luck to you

Finally; never keep your investments on the exchange; stay safe

[Everglow]

Tip # 2: "Second: you should always buy at the lowest possible price". I think this is the hardest thing for us. You can see the $ 6k price of BTC in 2018 seems to be the lowest possible, but in December it was about $ 3k. So I think it will take a long time to be able to do this.

[jems]

It is true that it is a way to invest properly. But in reality it is only easy to disclose and very difficult to do especially the part to avoid panic.

[fosco333]

Your 2nd point is a bit tricky to do because many peoples usually buying coin when they see the coin price is rising.
This is to getting the opportunity to be able to selling with higher price if it keep rising. We better more careful from the bull trap.

[evenotto]

These kind of rules have been walking around the forum many times already, but still people by their self-confidence violate them.
You only need to be more self-organized and turn your mind on when investing.

[starblocks]

This is good advice and regarding the last point you've made you could add that's its advisable never to leave your assets on an exchange unless you're actively trading with them, and also make sure you only choose the most reputable and secure ones and only trade smaller amounts on lesser known exchanges as there's always the risk of hacking and exit scams which may result in losses

[hahahafr]

These are all basic knowledge that every cryptocurerncy investor should know but i think there is one more thing that i can add. Due to the high volatile crypto market it is advisable to invest into a cryptocurrency that has an ecosystem which uses the token as a utility to help regulate the value of the cryptocurrency from dumping.