hashman
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Activity: 1264
Merit: 1008
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October 04, 2019, 07:46:22 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.
Totally agree with my friends. There are many scam projects at TOP 500. It will not be safe and wisely to invest at TOP 500. If you are looking for a safe investment it is better to focus TOP 30. If you want to be at more safe side, than focus on TOP 20. If you want to be stay completely at safe side just focus on TOP 10. By the way there is no completely SAFE side at crypto. Just if you decrease the risk you are getting, you will can gain low and you can loss low. Low Risk = Low gain also Low Loss. High Risk = High Gain also High Loss.
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jarhed
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October 04, 2019, 08:34:58 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.
Totally agree with my friends. There are many scam projects at TOP 500. It will not be safe and wisely to invest at TOP 500. If you are looking for a safe investment it is better to focus TOP 30. If you want to be at more safe side, than focus on TOP 20. If you want to be stay completely at safe side just focus on TOP 10. By the way there is no completely SAFE side at crypto. Just if you decrease the risk you are getting, you will can gain low and you can loss low. Low Risk = Low gain also Low Loss. High Risk = High Gain also High Loss. But we must understand that the TOP-30 coins of the cryptocurrency market cannot be with a low capitalization or with a low price of these coins. It turns out that we also do not need to wait for the high prices for these coins. I choose coins with TOP-200, with a low capitalization.
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Emperor of Man
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October 04, 2019, 11:43:38 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.
1. Agreed. 2. Might be a good idea, but not totally necessary. 3. Agreed. 4. I might want to change that "500" to 200 (or even 100), if the bear market continues. Because in bears we have to be very cautious. 5. I can't say I agree with this one. Investing in new good projects can have a huge profit. But you need to choose your projects carefully, not every new project is good, specially in this bear market. If it was me I would have tried to have different bags of old and new projects.
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GrayFullbuster
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October 04, 2019, 11:46:21 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.
There is no safe investment, there are always risks in making investment and it is the reality. You can lessen the risks by having experience and information about the investment that you will do.
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GGmith
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Activity: 394
Merit: 1
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October 04, 2019, 11:51:56 AM |
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if you want to invest safely, I recommend buying bitcoin, because bitcoin prices are currently low & this is a good opportunity for you. altcoin has lost nearly 40% of its original price, it is quite risky to invest in altcoin which is difficult to develop.
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Xardasim
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October 04, 2019, 12:01:10 PM |
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when you decide to invest in this market. It is certainly an insecure investment, you can lose at any time
The more insecure this market can be, the more secure it can be. Why would you lose your money if you think about your safety and act accordingly? It is not anyone's job to provide security here, you are responsible for everything you do and the results.
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Impaler
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October 04, 2019, 12:46:53 PM |
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Yeah, you made some really good points. Those who are want to invest safe first get some knowledge about this market then enter it. And always do your own research. That will help.
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Kasabus
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October 04, 2019, 01:38:14 PM |
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if you want to invest safely, I recommend buying bitcoin, because bitcoin prices are currently low & this is a good opportunity for you. altcoin has lost nearly 40% of its original price, it is quite risky to invest in altcoin which is difficult to develop.
Bitcoin is indeed the safest, it's obvious since although it dumped but it did not dump like the majority of the altcoins experience. I think there's still some opportunity for altcoins and it just need acceptance from the people that they will be open minded on opportunities outside bitcoin. Bitcoin does not have the best system but since people accepted it, that's why its the most popular and the most dominant in the market.
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Arsenyo
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October 04, 2019, 02:07:57 PM |
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I don't agree with the top 500, it's not wise. Even if the project is in top 100, it doesn't guarantee the project to be successful. And I would definitely choose some old project, not the new one. The project that has solid team, ready product and of course stable trading volume.
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stephanirain
Sr. Member
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Activity: 756
Merit: 257
Freshdice.com
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October 04, 2019, 02:59:02 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.
Planning changes the game play because one shouldn't just invest just because an ad was shoved on his face. And in investing, even though the project is in top 500, there is no absolute guarantee that you will earn high profits. Making one's expectation real is important so that you could manage and see things the way they really are. Every investment you make, there is always a risk that it will fail so learn to accept that but to fight those risks by studying the trends is difficult but worth the effort.
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magnum cyber
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Activity: 775
Merit: 11
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October 04, 2019, 02:59:26 PM |
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I don't agree with the top 500, it's not wise. Even if the project is in top 100, it doesn't guarantee the project to be successful. And I would definitely choose some old project, not the new one. The project that has solid team, ready product and of course stable trading volume.
Old projects have big hopes in the future but if the team can manage their projects correctly, new projects are quite risky especially because many incidents of fraud and token projects are difficult to develop, and some of the points you said I think the answer is bitcoin, yes I fully agree that investing safely uses bitcoin.
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spadormie
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October 04, 2019, 03:08:46 PM |
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There is no 'safe' investment in cryptocurrency. The only safe in here is not to give your wallet to somebody else so that your funds will be secured. THAT IS IT, nothing else. Investing in crypto includes losing of funds by losing in trades. So it means that this is quite that risky investing. So you better make your actions right.
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Roidz
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Activity: 1386
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1XBit.com
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October 04, 2019, 03:10:20 PM |
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Seeing the current condition of cryptocurrency which is very unstable, of course we cannot take risks for everything. So, If we really want to succeed investing in cryptocurrency project, we have to live through bitter experience to continue to struggle at another time. And there will be many other bitters experiences waiting for us, because there is a not cryptocurrency project that will make us rich overnight unless it has the potential, usefulness, and the team that supports it to make vision come true. Many things come together to invest in project cryptocurrency to get value in the market, and a lot of what we read and sounds too good to be true.
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shadowduck
Full Member
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Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
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October 04, 2019, 03:12:49 PM |
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There is no 'safe' investment in cryptocurrency. The only safe in here is not to give your wallet to somebody else so that your funds will be secured. THAT IS IT, nothing else. Investing in crypto includes losing of funds by losing in trades. So it means that this is quite that risky investing. So you better make your actions right.
I believe that investing in bitcoin and storing it in a cold wallet is a pretty safe way. if you just buy bitcoin and hold it on your wallet
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jeraldskie11
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October 04, 2019, 03:19:29 PM |
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I agree with you. That is the standards of every business man, we should really make a conclusion before doing an action for the safety of our money. Some currently running projects are the best way to invest in, choose in top 100 because it had a huge marketcap which means many people had invested on it.
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Vishnu.Reang
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October 04, 2019, 04:03:04 PM |
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There is no 'safe' investment in cryptocurrency. The only safe in here is not to give your wallet to somebody else so that your funds will be secured. THAT IS IT, nothing else. Investing in crypto includes losing of funds by losing in trades. So it means that this is quite that risky investing. So you better make your actions right.
I believe that investing in bitcoin and storing it in a cold wallet is a pretty safe way. if you just buy bitcoin and hold it on your wallet Well... this is the only 100% safe method to invest in cryptocurrency. Keep your coins in cold storage and forget about them for the next 3-4 years. Else you can have a target and cashout them once the price is attained. I would not consider any other cryptocurrency 100% safe for the long duration, including established altcoins such as Ethereum, Tether and Litecoin.
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Jorge158
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October 05, 2019, 03:35:05 AM |
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There is always a risk to invest, but there are many who recommend that it is true that the new project will not last long, of course, if I invest large amounts, I will see which projects will run at the right time, good development and also solid team, see coins on the market.
Of course, it is always good to know the coin or project to invest in. This can be done by only researching into the project in order to know the expertise and professionalism of the team, the working product, the capabilities of the product attracting demands, the uniqueness of the product, the authenticity of the project etc.
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alicea
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October 05, 2019, 06:10:51 AM |
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DYOR on the team, the whitepapers and everything thing they say on SM because these days scammers are just copying and pasting the whitepaper to scam user out of money. DYOR is the golden rule in trading
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Flooks
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October 05, 2019, 07:05:29 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.
Planning changes the game play because one shouldn't just invest just because an ad was shoved on his face. And in investing, even though the project is in top 500, there is no absolute guarantee that you will earn high profits. Making one's expectation real is important so that you could manage and see things the way they really are. Every investment you make, there is always a risk that it will fail so learn to accept that but to fight those risks by studying the trends is difficult but worth the effort. There are no safe methods of investing in crypto. Just invest and leave it alone till it's time to sell. If you are not doing an economic analysis of the project, then it is better for you to invest in the TOP-5 coins in the cryptocurrency market. No need to take risks, because you can easily lose 95% of your investment.
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meliodas
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October 05, 2019, 07:05:43 AM |
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There is two ways for me in order to invest safely in cryptocurrency. The first thing that you should do is to invest the money that you can only afford to lose because if you will exceed on that limit then it will be so stressful for you to sleep when you know that your money is at risk. Second, you should invest in a good hardware wallet because that is where you will be putting your beloved cryptocurrencies.
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