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Author Topic: Advice to invest about crypto currency  (Read 1063 times)
DMik
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June 18, 2019, 05:43:04 PM
 #61

Of course cryptocurrency is a good investment, but you must always use critical thinking, analyze everything.

It’s a mandatory point if you want to earn. But crypto market is so large, I like to invest in qualitative creative projects in which I see prospects.

I heard recently about collectable assets in trading, you tried it?

Yeah, I am keen on investing in rare collectable cars, that’s great. Guys on platform where I do it are trying to reformat unpopular collectible assets on the digital plane and provide “trading” of the same assets, which is very brave itself.

And what platform do you use, can you share?

Curio Invest.

Thanks. Honestly I still doubt in this market, but I want at least to read more.
Sam1221
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June 18, 2019, 05:56:24 PM
 #62

Of course cryptocurrency is a good investment, but you must always use critical thinking, analyze everything.

It’s a mandatory point if you want to earn. But crypto market is so large, I like to invest in qualitative creative projects in which I see prospects.

I heard recently about collectable assets in trading, you tried it?

Yeah, I am keen on investing in rare collectable cars, that’s great. Guys on platform where I do it are trying to reformat unpopular collectible assets on the digital plane and provide “trading” of the same assets, which is very brave itself.

And what platform do you use, can you share?

Curio Invest.

Thanks. Honestly I still doubt in this market, but I want at least to read more.

Of course, it’s your deal. I was mostly persuaded by the fact that in 2018 the share of collectible car wealth was $ 156 billion, while global wealth in 2016 was $ 256 billion.
DMik
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June 18, 2019, 06:28:09 PM
 #63

Of course cryptocurrency is a good investment, but you must always use critical thinking, analyze everything.

It’s a mandatory point if you want to earn. But crypto market is so large, I like to invest in qualitative creative projects in which I see prospects.

I heard recently about collectable assets in trading, you tried it?

Yeah, I am keen on investing in rare collectable cars, that’s great. Guys on platform where I do it are trying to reformat unpopular collectible assets on the digital plane and provide “trading” of the same assets, which is very brave itself.

Wow, impressive info

And what platform do you use, can you share?

Curio Invest.

Thanks. Honestly I still doubt in this market, but I want at least to read more.

Of course, it’s your deal. I was mostly persuaded by the fact that in 2018 the share of collectible car wealth was $ 156 billion, while global wealth in 2016 was $ 256 billion.
DMik
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June 18, 2019, 06:29:47 PM
 #64

Of course cryptocurrency is a good investment, but you must always use critical thinking, analyze everything.

It’s a mandatory point if you want to earn. But crypto market is so large, I like to invest in qualitative creative projects in which I see prospects.

I heard recently about collectable assets in trading, you tried it?

Yeah, I am keen on investing in rare collectable cars, that’s great. Guys on platform where I do it are trying to reformat unpopular collectible assets on the digital plane and provide “trading” of the same assets, which is very brave itself.

Wow, impressive info

And what platform do you use, can you share?

Curio Invest.

Thanks. Honestly I still doubt in this market, but I want at least to read more.

Of course, it’s your deal. I was mostly persuaded by the fact that in 2018 the share of collectible car wealth was $ 156 billion, while global wealth in 2016 was $ 256 billion.
Wow, impressive info
spacehopper
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June 18, 2019, 07:07:29 PM
 #65

Don't invest your all many in one crypto currency.Make that divide and then invest in crypto who had strong foundation.Specially invest in bitcoin.That is the king of crypto. When you are invest in other crypto,read there whitepaper,who are in the team,history of them,project quality, Its mean did that project will have a future?Is that project provide solutions for problems other crypto facing and many more. This is your hard earned valuable money.Don't let any one takes benefits from you.

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June 19, 2019, 08:11:11 AM
 #66

Before investing in such cryptocurrency we should learn the wise strategy in the market do some research which coin has the chance to pump in the future  and have the ability to grow just like bitcoin and we should diversify the money in different investments to avoid losses.

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June 19, 2019, 08:32:24 AM
 #67

Quote
Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.

This is so true. Some of my friends came in crypto world just because of that and when they didn't make any money or worse, lost it realized its not what they thought.
Ops! There are many newbies that touch in his words. Yeah! Many people have thought that success can grab in one night. They inspired in success of other crypto enthusiast but once they getting hard in crypto world, they quit. People who tends to blame things around them and has small patience are those who do not success in life.



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June 19, 2019, 10:18:12 AM
 #68

It's a very delicate venture investing in cryptocurrency. It's something one should be careful about and make a dedicated effort to research well before going into it. Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.
One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.
Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.
There are many advertisements and invitations on cryptocurrency and most of those are not good project. You must do your research carefully to help you decide where to invest your money better.
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June 19, 2019, 10:35:55 AM
 #69

Investors should ensure that they are not carried away by their emotions, if there's anything I've learn from trading, it's that. You need to outline the reasons why you're in a particular project; are you buying because of the hype or the project tech? Are you in it for the long haul or a short period of time. What is your entry and exit strategy. I've always believed that if enter without an exit plan, you're bounty to get stuck. Educate yourself before opening your purse to invest and you'll be more safe than sorry.

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June 19, 2019, 10:41:59 AM
 #70

Investors should use tools like "cryptomirror" or forums like this one. It is very helpfull.
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June 19, 2019, 01:11:52 PM
 #71

It seems to me that your conclusions can be applied to investing in general, and not only to cryptocurrencies. The problem with many people is that they often invest money in things they don’t understand at all. And then they lose money because they are just too lazy to learn more about what they are investing in. Greed and thirst for quick money destroys people. Cryptocurrencies, like all other types of business, have their own characteristics, but the person who has successfully invested money for many years can quite successfully invest it in cryptocurrency and become successful in this area.

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June 19, 2019, 03:04:40 PM
 #72

My advice about investing in cryptocurrency is before you invest you need to make a research so that you can get a idea what is the most trusted project that can give you good income, and also remember every investment there is a risk that's why you need to afford to lose and patience to achieve your success.
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June 19, 2019, 03:26:32 PM
 #73

Crypto investing is for those who have the courage to have long patience and understanding about it. It's not a shortcut to success because it includes hard work and willingness to wait for the right time. We can't rush thig out here so we must be wise.
There's no shortcut since luck is not always at your side, you need to work with your knowledge and always find learning from your daily activities, many investors and traders forget that in this industry enhancement is very important, you are dealing with time and every earnings that you'll take is the loses
of other traders around.
But it can be a shortcut if you know when to sell and buy, someone can get rich instantly in bitcoin, bitcoin gives that opportunity to anyone right, the point is they must have the knowledge to know when prices will rise high and that can only be done if you know how to analyze, Right what you say that you have to learn about market, reading strategies and so on
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June 19, 2019, 03:42:37 PM
 #74

Investors should ensure that they are not carried away by their emotions, if there's anything I've learn from trading, it's that. You need to outline the reasons why you're in a particular project; are you buying because of the hype or the project tech? Are you in it for the long haul or a short period of time. What is your entry and exit strategy. I've always believed that if enter without an exit plan, you're bounty to get stuck. Educate yourself before opening your purse to invest and you'll be more safe than sorry.
Right.Educate yourself first and must learn all the basics in crypto investment because there is really a big risks investing in it.And make sure invest first with a small amount of money or the amount you can afford to lose because there is really no assurance in crypto that you will make good profits all the time.Sometimes when the market is down,you are also bound to lose too especially if you chose to sell your coins when the market is bearish.

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June 19, 2019, 03:43:00 PM
 #75

Before investing your money in bitcoin you need to know who is the founder some ICO project want to join, never investing your money with project use fake owner and team data because you will lost your investment.
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June 19, 2019, 11:41:01 PM
 #76

Crypto investing is for those who have the courage to have long patience and understanding about it. It's not a shortcut to success because it includes hard work and willingness to wait for the right time. We can't rush thig out here so we must be wise.
There's no shortcut since luck is not always at your side, you need to work with your knowledge and always find learning from your daily activities, many investors and traders forget that in this industry enhancement is very important, you are dealing with time and every earnings that you'll take is the loses
of other traders around.
But it can be a shortcut if you know when to sell and buy, someone can get rich instantly in bitcoin, bitcoin gives that opportunity to anyone right, the point is they must have the knowledge to know when prices will rise high and that can only be done if you know how to analyze, Right what you say that you have to learn about market, reading strategies and so on
Yes. Bitcoin can really make us rich but it will take time to happen. We need to study first more on crypto investment and how its market moves so that we will have ideas which will serve as our own guide to make profits in crypto and not to lose even more. Crypto investment is really risky when you think of it but if you have your strategies in investing, i think you will be more profitable in this field.

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June 20, 2019, 12:01:30 AM
 #77

I guess there re no rules in crypto, the market is too volatile..

There is so many rules actually in crypto.

  • Always buy low, sell high
  • Do not be greedy
  • Don't fall for fud
  • Do not FOMO....

And so many more. Though the market is really volatile but we can still gain from unstable market. Just DYOR, gain knowledge and everything you need to become a great trader.

@OP, thanks for the advice. That is why I only prefer BTC and ETH as my main investment for long term because they are the only crypto coins which I personally think will have a great impact in crypto space and will give me high profits. Though I also have some altcoins but I am focusing on those two.
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June 20, 2019, 01:23:14 AM
 #78

You are right.  I agree with your simple explanation.  we must be careful when choosing coins.  crypto has a very high risk.  I see that BTC, ETH, XRP, are the main coin choices.  and I think harmony has the potential go to the moon.  now the price of Harmony is very cheap.  I suggest you buy Harmony.

I think top 50 coinmarketcap is good project with good liquidity. I am invest in several altcoin and Harmony is one of them. Choosing altcoin should always analysis because more than 2000 different altcoin in market and i think better choose altcoin with big daily transaction.
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June 20, 2019, 03:22:57 AM
 #79

In investing in crypto currencies, we must have deep knowledge of crypto currencies first. We don't just hear other people's success stories and then follow in their footsteps. We need to explore all experiences and strategies so that someone can succeed in crypto currencies. Indeed playing in crypto currency requires extraordinary patience because our profits are at stake by fluctuations in market prices. My advice, in investing, we must choose clear profitable crypto currency coins such as eth and bitcoin. At least, we invest in coins that are included in the top 100 crypto currency coins.
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June 20, 2019, 04:17:07 AM
 #80

Invest what you afford to loss, and after making good analysis experiment with small funds. This will let you get the better knowledge and understanding about the market move. It is good to invest on cryptocurrencies, but finding the right one is not an easy task. These days IEO investment is much preferred as there is some assured profiting.

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