dudusix9
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September 24, 2019, 11:24:11 AM |
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5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
Point number 5 is one of the most important things that some investors don't look at. The idea can be good and all but there has to be someone behind the project that already has a proven track record. More big players in the space are now starting to pick up crypto, like Korea's giant telecom that will create something like a system that will act like a universal sim basing on crypto/blockchain. On the other hand, Libra doesn't have that much of a good reputation because of Facebook running it.
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Godstrength
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September 24, 2019, 11:25:57 AM |
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5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
Point number 5 is one of the most important things that some investors don't look at. The idea can be good and all but there has to be someone behind the project that already has a proven track record. More big players in the space are now starting to pick up crypto, like Korea's giant telecom that will create something like a system that will act like a universal sim basing on crypto/blockchain. On the other hand, Libra doesn't have that much of a good reputation because of Facebook running it. Makes sense, it's much safer to invest in coin offerings that has a big company behind running it, in that way, there's almost 0 chance that you'll get scammed and you know that they will develop the project/commit to the roadmap.
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Shallow
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SmartFi - EARN, LEND & TRADE
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September 24, 2019, 11:44:20 AM |
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if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made; 2. cryptocurrency that we invest in already has a product; 3. the team always updates about the progress that is happening in the project that we invest; 4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume); 5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
This is good analysis of which if followed will help the investor etc, however I think I will add a little to your analysis; in the case of number 3, the team need to have relevant experience in order to maintain their launched product so as to keep it valuable. This is because, there are projects which will launch a product but within few months you will find out the team can't really maintain it. Secondly, your number 4 I think it's quite a long range, I think top 100 will do unless there are other projects which are worth it. Lastly, there are upcoming projects which really has what it takes to work, we only need to apply strategies to study the project to be sure.
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TheClownSong
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September 24, 2019, 12:32:01 PM |
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Make it more simple just invest on top 100 Coinmarketcaps. I think the top 500 cmc is still too risk. Because many new coin that hype for a short times can do that, but whenever the hype is gone , the price will back and the rank following also
I agree with this opinion. Top 100 coin marketcaps provide an overview of the volume of transactions and also the amount of liquidity from coins or tokens. In my opinion, liquidity is the key to investing because large liquidity illustrates investor interest in the coin or token and one of the benefits of large liquidity is that we can sell at any time with a tight price range
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tabas
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September 24, 2019, 12:36:48 PM |
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I think these days it's not a good measurement and basis anymore if a coin is part of the top 500. This is too much assumption base on the ranking of the coins. Every investment requires risk but you can take the lesser one by buying bitcoin at first.
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bright4mech
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September 24, 2019, 01:40:23 PM |
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if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made; 2. cryptocurrency that we invest in already has a product; 3. the team always updates about the progress that is happening in the project that we invest; 4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume); 5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
Your right by sharing the ideal on the points Number.1, 2, and 3 That is very important notification by showing how the prospect of the project information before investing on a cryptocurrency community. in other words at point No. 4 At coinmarketpcap some project with a high volume only attract investors but not successful in a future time.
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letyouearn
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September 24, 2019, 02:01:48 PM |
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Usually a listing on a strong exchange is a good sign also. And mentioning on some popular resources or in McAfee's twitter, lol Some projects with passive income are good at the beginning...
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Nobita7999
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September 24, 2019, 02:16:10 PM |
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If talking about safe investing in the cryptocurrency market, I think it would be inappropriate. As you can see a lot of altcoins are viewed as potential growth ... but it is still rising and has dropped dramatically. I agree with your first 3 comments, but I will not agree with the last 2 comments.
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DarkIT
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September 24, 2019, 02:25:22 PM |
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however, investing in a project that is already running, and already has a market is the safest way to invest in cryptocurrency. if you want to be even safer, don't choose coin ranks from the range 1-500, but choose the ones closer, maybe rank 1-100, or closer to 1. This proves that the project journey has greatly expanded and compatible with the whitepaper.
investing in coins that already exist in the market is quite safe, but the risks remain, such as falling prices. but, if you want a bigger investment, try to take risks and invest in a new project. maybe the risk is greater, but when you invest in the right project, it will certainly be an investment that makes you very profitable.
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beliomir
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September 24, 2019, 02:27:40 PM |
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I think that first you need to look at the project and assess the demand for this technology in the market, then see what was done by the team and then start investing. But if you are a long-term investor, withdraw everything to cold wallets
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amonymous
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September 24, 2019, 09:02:47 PM |
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My mind yes investment in old project more less risk, which project have lot of volume in coinmarketcap and top list hight 10-15. Actually new project investment more risk at this time but if you can follow IEO listing a popular exchange then your risk something less.
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Christinebeauty
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September 24, 2019, 10:16:47 PM |
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You have to know the window of opportunity to every market. Once the market is in rd like this, that is when your supposed to buy and then sell it when any small profit is made on it
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BlacksmithCorporation
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arcs-chain.com
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September 25, 2019, 01:01:07 AM Last edit: September 25, 2019, 03:31:34 AM by BlacksmithCorporation |
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All that is clear, but there are many projects with all the above factors that still make investors lose. Quarkchain is an example, listed on many large exchanges, good volume, .. but the price keeps falling even when the project is implementing the mainet and conducting a buyback.
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Polar91
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September 25, 2019, 01:23:40 AM |
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All that is clear, but there are many projects with all the above factors that still make investors lose. Quarkchin is an example, listed on many large exchanges, good volume, .. but the price keeps falling even when the project is implementing the mainet and conducting a buyback.
That's why it's vital to watch our asset's market otherwise we'll be suprised that something happened. Although we can't avoid to be victim of that kind of scenario, we could atleast lessen it as long as we're watching actively. Somehow long term investment isn't worth it because of that factor also.
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Kasabus
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September 25, 2019, 04:47:53 AM |
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All that is clear, but there are many projects with all the above factors that still make investors lose. Quarkchain is an example, listed on many large exchanges, good volume, .. but the price keeps falling even when the project is implementing the mainet and conducting a buyback.
At least the project tried their best to give good results, if it's really a good project, I think the dump is not a problem, instead its an opportunity. People usually judge a project outcome in a short period of time which for me is wrong as all project are focus on long term development, market hype will give good ROI but not every project is hype, so things like this is possible, what we have to do here is just to be patient and hold as like I said, it will eventually rise in the future. One thing also, consider the market situation, when majority of the coins struggle, that means we are in a bad market condition.
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Bitfling
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September 25, 2019, 05:14:26 AM |
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Choosing coins that are in the top 50 is a safe investment choice. It's hard to say that investing in the cryptocurrency market is safe because of the absence of clear regulations but if we buy coins that have large daily transactions, I think our investment will be a little safer
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tonyvo2017
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Lifestyle & Wellness Platform
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September 25, 2019, 05:24:07 AM |
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if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made; 2. cryptocurrency that we invest in already has a product; 3. the team always updates about the progress that is happening in the project that we invest; 4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume); 5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
I don't think your fourth option is reasonable. There are lots of coins pumped in at a given time and after that, the team will unlock the token and exit the scam. An example is Egretia, which once earned over $ 300 million and now its value is only $ 1.7 million. I think you should eliminate that option, it's really risky
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befriendmywater
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September 25, 2019, 05:47:32 AM |
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if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made; 2. cryptocurrency that we invest in already has a product; 3. the team always updates about the progress that is happening in the project that we invest; 4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume); 5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
I have invested in projects of even higher standards, Cubiex and Thor. they are supported by Binance Dex, have a large community, clear roadmaps, and great teams. But the result that I get back is the account severely reduced. I invested 100 ETH in Cubiex but now there are only 5 ETH left. Therefore, my experience is that it should only be invested in projects or coins that are in the development stage and promoted by BULL RUN. Without bull run, everything would be SHIT!
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pandanaran
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September 25, 2019, 05:54:55 AM |
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as you have presented above, I agree with a few points above except point 4. yes maybe some of them are good for investment, but I doubt because most altcoin 100-500 does not have a good price development. quite risky to invest in the top 100-500 altcoin in the CMC market.
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r_delossa
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September 27, 2019, 09:02:02 AM |
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Unfortunately, I would not call a crypto investment a safe option. Crypto market is very unpredictable and you can easily lose all your money. Start with a sum that you are not afraid to lose and you won't get disappointed.
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