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Author Topic: Advice to invest about crypto currency  (Read 1062 times)
clair508
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June 20, 2019, 04:46:17 AM
 #81

1st get the knowledge before investing.For example think you are investing in ICO.Search every little details about that project.Specially the team.Search their previous projects they done.Did they succeed ?or not? what experience do they have about cryptos(At least about 2 years)Do they know the market? Did this latest provide solutions better than previous projects similar to that.Simple why I(you) should invest your money on them?Find the answer to that until you satisfied.Then invest.

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June 20, 2019, 04:46:49 AM
 #82

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.

Yes, choosing the top 50 coinmarketcap will be a good choice to invest in the cryptocurrency. We should be selective to choose the right coin, and we have so many coins to invest. BTC, ETH, is the most coins, people choose, and they want to buy that coin while the price is not too expensive.

But don't forget, we still have another new coin in the coinmarketcap that could be potential to invest and make a profit in a long time. Of course, we need to analyze every coin we want to buy because with analyzing, and we can determine which coins to invest and how much we need to invest.

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June 20, 2019, 01:51:47 PM
 #83

1st get the knowledge before investing.For example think you are investing in ICO.Search every little details about that project.Specially the team.Search their previous projects they done.Did they succeed ?or not? what experience do they have about cryptos(At least about 2 years)Do they know the market? Did this latest provide solutions better than previous projects similar to that.Simple why I(you) should invest your money on them?Find the answer to that until you satisfied.Then invest.

Looking for projects that they have previously done? I don't think any project has any experience because it is the first project. Do you mean the team in the project? if what is meant is the project team in my opinion is correct, because before deciding to invest, of course I always see the performance of the team.
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June 20, 2019, 02:05:19 PM
 #84

1st get the knowledge before investing.For example think you are investing in ICO.Search every little details about that project.Specially the team.Search their previous projects they done.Did they succeed ?or not? what experience do they have about cryptos(At least about 2 years)Do they know the market? Did this latest provide solutions better than previous projects similar to that.Simple why I(you) should invest your money on them?Find the answer to that until you satisfied.Then invest.

Looking for projects that they have previously done? I don't think any project has any experience because it is the first project. Do you mean the team in the project? if what is meant is the project team in my opinion is correct, because before deciding to invest, of course I always see the performance of the team.

Actually this is 1000 to 1, it is very difficult to distinguish which projects are good and those that are not good, it takes shrewdness to see a project that promises to invest our income to invest in the project, actually you are right to see the profile of all the teams for the project and of course there is something you forget to see their road map so that you know more about their project, so that your funds are not misused by a project that smells of scammer ...
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June 20, 2019, 05:12:59 PM
 #85

Yes you are right here sir. Crypto currency is for big harted men who can invest their money for future. You can easily get this result last one year to present time that whom invested into BTC 3k not they are more gainer and gradually will be. So come here with strong mind.
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June 20, 2019, 05:31:42 PM
 #86

I think that post isn't belongs to "Bitcoin Discussion" board. Reported, hope moderators will move it on appropriate board.

However, it true that market research is very important part of crypto-currency. Especially when you newbie and want to enter on it. Otherwise there is high possibility of lose your fund.
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June 20, 2019, 09:30:39 PM
 #87

That's right. No successful trader and investor misses the stage of researching the coin they are going to buy. This is the most important stage. If you do not study the coin before buying, then such a transaction will not make sense.
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June 20, 2019, 09:47:24 PM
 #88

All you need to know is "prices are volatile", in other respects everything is the same as other sector rules. And this price volatility should not be a dream of getting rich sooner. Because, the possibility of losing is equal to the possibility of gaining.
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June 20, 2019, 09:52:59 PM
 #89

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.
For playing safe it is necessary to buy liquid market coins but for playing risky buying a low market cap coins that not even listed on the coinmarketcap can be smart decisions. Hunting gems is not for newbies but only professional traders know the fishing.

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June 20, 2019, 11:21:23 PM
 #90

Sure. No trader or investor misses the research of the coin he or she is going to invest. Its very necessary. You need to know the coin you investing.

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June 20, 2019, 11:55:00 PM
 #91

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.
Agree, cryptocurrency is a fight with determination... One must have the courage to take the risk especially when investing their money....coz not all the time its a win win with crypto... So better be ready when bearish come...

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June 21, 2019, 12:48:32 AM
 #92

That's right. No successful trader and investor misses the stage of researching the coin they are going to buy. This is the most important stage. If you do not study the coin before buying, then such a transaction will not make sense.
That's the important thing to learn when you want to buy an altcoin. And I have found someone buying an altcoin using feeling without any research or analysis. This is very strange in my opinion, Isn't doing the trade has a high risk but the person only uses a feeling which he thinks is good to buy.
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June 21, 2019, 01:53:17 AM
 #93

That's right. No successful trader and investor misses the stage of researching the coin they are going to buy. This is the most important stage. If you do not study the coin before buying, then such a transaction will not make sense.
That's the important thing to learn when you want to buy an altcoin. And I have found someone buying an altcoin using feeling without any research or analysis. This is very strange in my opinion, Isn't doing the trade has a high risk but the person only uses a feeling which he thinks is good to buy.
Maybe they are using their luck and instinct instead of using charts and patterned, there's still many investors inside crypto who doesn't believes in any charts knowing that price movements is really unpredictable and there's no accuracy even you will use chartings.

They relied with instinct and own interpretations of their trading activities, some succeeded but most of them will only get frustrated and leaves.
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June 21, 2019, 03:48:49 AM
 #94

Investment needs a shield, I still have not achieved this realm. For example, recently I joined the IEO of Kucoin, if Kucoin did not hold my KCS, I would have sold it early at 1.1x price, but after Kucoin returned to KCS, I sold them at 1.57
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June 21, 2019, 05:46:50 AM
 #95

Patience is the key to success when investing in crypto ,don't take the step of those who ended up been frustrated when their protfolio is losing value ,many sell at lose and leave but endurance pays because every good coins have there days

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June 21, 2019, 05:52:18 AM
 #96

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.
doing research before investing into any cryptocurrency is very important. Many find it difficult to make all necessary research before going into a projects which could hurt them in the future.

 Also it's just about cryptocurrency but every investment is for the strong in heart. And investors should be aware of the risks in investments

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June 21, 2019, 05:56:25 AM
 #97

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.

Investing in altcoins is very risky and it would be better if make a research first on the project and also the developers team. Many occur altcoin looks good at the ICO stage and reach hardcap but the price falls when start listed the market. I am agree that bitcoin and ethereum is reliable investment
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June 21, 2019, 06:09:38 AM
 #98

All you need to know is "prices are volatile", in other respects everything is the same as other sector rules. And this price volatility should not be a dream of getting rich sooner. Because, the possibility of losing is equal to the possibility of gaining.

simple words, high risk will always high gain, thats word is very precise for crypto investments
because this investments will bring more profit to the people who have enough knowledge and patience
but not for the people with less knowledge and less patience  Wink

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June 21, 2019, 06:13:43 AM
 #99

If you wanted to ask me what is the surest bet possible, buying BTC, LTC and ETH and blindly holding for 2 years would be way up there, but it didn't require any kind of real understanding of crypto markets to make it.

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June 21, 2019, 06:14:09 AM
 #100

Of course, it was always and always will be, before investing in any sphere and this also applies to the cryptocurrency sphere, each investor must always fully explore the place where he is going to invest his money, so that later he will not regret lost investments.
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