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Author Topic: investing does not have to wait long  (Read 7924 times)
greelzs
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August 15, 2019, 10:15:10 PM
 #101

Greetings there everyone. And do you only consider investing? How about other approaches like holding/trading/mining?

All 3 are different and all 3 require different approach. In my opinion, it is impossible to choose only 1 option, all are interesting
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yourdano
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August 15, 2019, 10:18:36 PM
 #102

All 3 are different and all 3 require different approach. In my opinion, it is impossible to choose only 1 option, all are interesting

Well, in general agree with you in here. But in my opinion, all of them require experience
greelzs
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August 15, 2019, 10:24:12 PM
 #103

Well, in general agree with you in here. But in my opinion, all of them require experience

Absolutely. But in my opinion, mining is the most controversial and difficult, comparing to others
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August 15, 2019, 10:24:43 PM
 #104

Absolutely. But in my opinion, mining is the most controversial and difficult, comparing to others

And have you ever tried mining? I believe that much depends on equipment there
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August 15, 2019, 10:31:50 PM
 #105

And have you ever tried mining? I believe that much depends on equipment there

Yeah, I have. And you are absolutely right - much depends on equipment in here
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August 15, 2019, 10:32:20 PM
 #106

Yeah, I have. And you are absolutely right - much depends on equipment in here

And can you probably recommend any? In case there is advanced you are aware of
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August 15, 2019, 10:39:10 PM
 #107

And can you probably recommend any? In case there is advanced you are aware of

Well, I would probably recommend you having a look at Asicequipment com - they are having wide range of devices for any scale of budget and different purposes
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August 15, 2019, 10:47:46 PM
 #108

Well, I would probably recommend you having a look at Asicequipment com - they are having wide range of devices for any scale of budget and different purposes

Ok, thanks a lot. Any particular devices to have a look at? Just your recommendation..
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August 15, 2019, 10:51:24 PM
 #109

Ok, thanks a lot. Any particular devices to have a look at? Just your recommendation..

My own favorites are Antiminer S17 and T17, but better have a look at all the devices Smiley
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August 15, 2019, 10:53:26 PM
 #110

Well sometimes investing might be long, this is all dependent on the current market. Also when you invest and see you are in profit like about 10 - 30 percent, you should take profit then wait for it to get low then you buy again.

The simple mantra in trading, buy low sell high. If you are already having profits why not? Because if you are dealing with most altcoins, their price tend to decline in a matter of weeks or months. If you can't wait and you already have your profit, there's no reason to wait longer. I agree with that. As long as you are not in the losing side.
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August 16, 2019, 02:51:38 AM
 #111

what are your goals by investing? yes I think everyone wants to benefit from investment and trade. given the market situation is not yet fully stable, I'm sure you can still benefit from them.
I mean investing does not have to wait long, you can sell it at any time, when you see your coins above the initial capital price.

if you don't do that, you will starve!


Investing is quite different from trading. As for investment  it's not something you can rush into. You have yo carefully plan for it so you can make the right choice. And for trading, it has to be a calculated decision also, based on knowledge and  experience if not, you will obviously be gambling and that will not be good enough as you can lose all your money in a giffy. One needs to do things in the right perspective.  As long as the market is green, trading will bloom

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August 16, 2019, 03:21:18 AM
 #112

The simple mantra in trading, buy low sell high. If you are already having profits why not? Because if you are dealing with most altcoins, their price tend to decline in a matter of weeks or months. If you can't wait and you already have your profit, there's no reason to wait longer. I agree with that. As long as you are not in the losing side.
It depends on what coin you invest, if the coin is suitable for long term then I think it is not wrong
if we wait longer to get profit. But if it's a coin that moves faster maybe we don't have to wait longer because we can get profit with quickly.
besides that I think the moment is also decisive. when prices enter the support area at low prices we buy, it will be more effective to get a profit, let alone supported by good news. but unfortunately we don't know when the session will come, I think it is conditional to achieve the target


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August 16, 2019, 04:06:26 AM
 #113

The simple mantra in trading, buy low sell high. If you are already having profits why not? Because if you are dealing with most altcoins, their price tend to decline in a matter of weeks or months. If you can't wait and you already have your profit, there's no reason to wait longer. I agree with that. As long as you are not in the losing side.
It depends on what coin you invest, if the coin is suitable for long term then I think it is not wrong
if we wait longer to get profit. But if it's a coin that moves faster maybe we don't have to wait longer because we can get profit with quickly.

Yeah, as long as we can choose the right coin, we don't have to wait for a long time to make a profit. But somehow, it is difficult to select the right coin in these situations because almost all coin will have the same possibility to increase higher. Fortunately, we have the top 100 coin list so I think if we can choose one or more coin from that list, our chance to make a profit will bigger than the other coins.

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August 16, 2019, 04:22:36 AM
 #114

I only invest when I:
 1. I have spare money in my pocket
 2. It is referred to me by my colleagues as  I don't research about any new projects at all lately.
 3. The market is in good condition, maybe stable or not being too pumped
 4. The projects are worth a try, unique and therefore have a strong standing in the crypto community, not just some random dudes popped out somewhere.
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August 16, 2019, 04:31:20 AM
 #115

everyone has a different strategy, indeed for some people like short-term investments but others like long-term investments and it does have to wait a long time.

but i think they have considered all the risks and maybe they have prepared their finances well so as not to starve in the future.

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August 16, 2019, 04:47:15 AM
 #116

what are your goals by investing? yes I think everyone wants to benefit from investment and trade. given the market situation is not yet fully stable, I'm sure you can still benefit from them.
I mean investing does not have to wait long, you can sell it at any time, when you see your coins above the initial capital price.

if you don't do that, you will starve!
Each of us has each own goal in investing well in this crypto world, investing for me does not need to wait for long in order to earn because most of the price of coins are volatile and even the other price of coins are dead. As long as the price gives good income, sell it and you will earn rather than waiting for nothing.
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August 16, 2019, 01:22:30 PM
 #117

what are your goals by investing? yes I think everyone wants to benefit from investment and trade. given the market situation is not yet fully stable, I'm sure you can still benefit from them.
I mean investing does not have to wait long, you can sell it at any time, when you see your coins above the initial capital price.
Well that’s the truth for some people, they don’t really have enough money for investment but they just want to take the risk and for people like this it is always best for them to withdraw when they have got a little profit so that they don’t end up losing the little money they have managed to invest. You may only continue with the hold when you feel like the price is still going to increase, but if it’s not like that then it is best that you withdraw and manage the little profit you have got.

Bitcoin must not be the only thing that would make you rich, there are other things that you can involve yourself into and still make some good earnings and become rich as well. So let’s stop thinking that bitcoin can give us everything, cause it cannot. Try to do other things and not let bitcoin swallow up your money unless you have enough to risk.

In every case, it's best not to sell at a lose because that would be a bad investment decision.
Yup, you’re right about what you have said, everyone do have Their own target for investing but it’s not a must you will achieve those targets, cause there are times the market wouldn’t move to the direction that would lead you to your targets. So at this point you will have no other option than to still take that little profit that you have gotten, if you decide it would be a must for you to achieve that target then you’re likely going for a loss. Another reason why you should try to invest at low market price, because at this rate you wouldn’t have to worry about the market falling price.
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August 16, 2019, 03:37:09 PM
 #118

If you can't wait then you shouldn't invest in crypto. It would be short or long and totally depend on situations. If price raise after you bought then you don't need to wait longer and you might get good profit. If price dump after you bought then you should wait longer in order to get profits and avoid losses. So we can say at least you have to wait...
It is not only in cryptocurrency that one’s patience is being tested, it is also tested in our other businesses, I have seen people that invest in business, and would not see anything called profit until after two years, there are people that has been fighting for contracts for years committing money without giving up and they end up getting it no matter how long it took.

Therefore, the most important goal is that we are able to multiply that money that we have In our hands rather than it just being there for years and no matter how long it takes, we just have to be patient till we see that our money has yielded profit, that is still why everything surrounding our investment is tied to our own goal setting. Like my goal, is to at least see 90 percent profit on my investment and I think I am okay with that.

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August 16, 2019, 04:10:23 PM
 #119

Investing depends on the particular one you wish to go for. There is long term and short term investment plans. Long term is called that for a reason because some people like to invest and watch their investment grow much more than it should in a short term. It doesn't have to be long if you've seen a good profit in a short shile. Might just decide to take that and reinvest.
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August 16, 2019, 04:21:46 PM
 #120

Of course, the cryptocurrency market is very specific and therefore investing in cryptocurrency is very different from investing in real life in any business or value.  Even with investments in gold or real estate, for example, you can predict the further development of events and calculate all your income even next year.  But the cryptocurrency market cannot offer this, since the instability of the cryptocurrency market will not give a real opportunity to get the expected forecasts.  Nevertheless, the income from the cryptocurrency market and investments in the cryptocurrency will have much larger volumes with a good development of events.
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