Is investing in crypto a good idea?

[pakdemaco11]

investing in crypto is a good idea, it's just that you need to choose crypto that is really used by many people like ETH, Bitcoin, XRP. I think if now buying it will make a profit of up to 10-500 x

[Bezobraznike]

investing in crypto is a good idea, it's just that you need to choose crypto that is really used by many people like ETH, Bitcoin, XRP. I think if now buying it will make a profit of up to 10-500 x

   It`s a great idea. Some have potential to rise a lot, entire crypto-market is growing, most of them will rise, some significantly, others just
a little. We can`t say which coins will rise a lot in next few years, it`s why I`m trying to have some from all good ones, the ones that
people talk about a lot in crypto-community.
   Bitcoin and Ethereum are the top, we must have them. But as well we need to have some other`s too.

[Silberman]

Although scam projects are rampant everywhere, investor interest in continuing to invest in Crypto project still exists, although not like in 2017. Investing in Crypto It is full of risks but you can also get multiple benefits if you are able to find a good Crypto project.

If you are worried about the scams then this is a very easy problem to solve, do not invest in icos or ieos, I know this will limit your profits and if you are an enthusiast of this market you will also want to support projects that are worth it but at this time it is better not to, invest only in coins that have been around in the market for a long time and have a good reputation, but even then you should still watch your investments closely since even good projects crash from time to time.

[iamsange]

Although scam projects are rampant everywhere, investor interest in continuing to invest in Crypto project still exists, although not like in 2017. Investing in Crypto It is full of risks but you can also get multiple benefits if you are able to find a good Crypto project.

If you are worried about the scams then this is a very easy problem to solve, do not invest in icos or ieos, I know this will limit your profits and if you are an enthusiast of this market you will also want to support projects that are worth it but at this time it is better not to, invest only in coins that have been around in the market for a long time and have a good reputation, but even then you should still watch your investments closely since even good projects crash from time to time.

Agree, if people afraid to get scammed in bad ICO, actually be serious in trading activity is good to do. We can learn by doing and maybe make analysis with what already come in market. Because have something to analyze at least we already have data to help us make decision.

[wheelz1200]

Hello! I'm a newbie trader, and I want to know if investing in crypto is a good idea. Now it became very easy, for example, you can buy crypto with a bot or your credit card using such services as changelly or shapeshift. However, does easy means good? Should I buy crypto now or it's too late?

Is it too late, no.  I think it is a good idea to diversify your investment asset classes, so while you invest in traditional avenues (stocks, bonds, real estate, etc) it's also smart to put some money into crypto.  Start with bitcoin and dont vere too far away from that and you should be fine.  Just dont get stuck putting your money into these fly by night coins.

[DegenData]

Not too late yet, but in a couple of years it might be too late.  The next 2 years could be very profitable if you're positioned right.  Bitcoin has the halving event in May of 2020, and ETH is likely to do much better than BTC.  ETH 2.0 is happening soon and many projects are using ETH instead of creating their own chains, some alts could rocket up with it.  It's looking like the time to get in is now or never. 

[wheelz1200]

Not too late yet, but in a couple of years it might be too late.  The next 2 years could be very profitable if you're positioned right.  Bitcoin has the halving event in May of 2020, and ETH is likely to do much better than BTC.  ETH 2.0 is happening soon and many projects are using ETH instead of creating their own chains, some alts could rocket up with it.  It's looking like the time to get in is now or never. 

Its irresponsible to make a statement like that.  Why is eth more likely to do well in the market vs. Bitcoin, because of a change to 2.0?  That's grasping at straws there.  OP stick with bitcoin and you should be fine.  You will have people shill you coins they own but not for the right reasons.

[arifteguhr]

Investing in Cryptocurrency In my opinion is a pretty good idea to do. but indeed in the selection as an investor yourself you should be able to find which altcoin is potentially good enough. not only choose altcoin which provides a large enough profit, but we must understand the investment, because some people don't understand the investment but dare to try it

[DegenData]

Not too late yet, but in a couple of years it might be too late.  The next 2 years could be very profitable if you're positioned right.  Bitcoin has the halving event in May of 2020, and ETH is likely to do much better than BTC.  ETH 2.0 is happening soon and many projects are using ETH instead of creating their own chains, some alts could rocket up with it.  It's looking like the time to get in is now or never. 

Its irresponsible to make a statement like that.  Why is eth more likely to do well in the market vs. Bitcoin, because of a change to 2.0?  That's grasping at straws there.  OP stick with bitcoin and you should be fine.  You will have people shill you coins they own but not for the right reasons.

Not just because of 2.0, there's a lot of DeFi and dApps potential. 

[wheelz1200]

Not too late yet, but in a couple of years it might be too late.  The next 2 years could be very profitable if you're positioned right.  Bitcoin has the halving event in May of 2020, and ETH is likely to do much better than BTC.  ETH 2.0 is happening soon and many projects are using ETH instead of creating their own chains, some alts could rocket up with it.  It's looking like the time to get in is now or never. 

Its irresponsible to make a statement like that.  Why is eth more likely to do well in the market vs. Bitcoin, because of a change to 2.0?  That's grasping at straws there.  OP stick with bitcoin and you should be fine.  You will have people shill you coins they own but not for the right reasons.

Not just because of 2.0, there's a lot of DeFi and dApps potential. 

I guess but I always caution against anyone thinking that any of their alts will outperform the honey badger.  In short term yeah huge spikes have come for some alts, but when It bottoms out which it usually always does that bottom is harsh.  For someone just starting in crypto I would say to ALWAYS start with bitcoin and then take some portion of money and play with some alts.

[artemis24]

Same question asking here. Is it possible to convert crypto to fiat? Thank you!

[bittamak]

Is it possible to convert crypto to fiat?

Converting crypto to fiat is allowed only in certain countries. Sites like coinbase,kraken, bitstamp, cex etc allows crypto fiat conversions. You may use localbitcoins too...

[MBMauL]

Is it possible to convert crypto to fiat?

Converting crypto to fiat is allowed only in certain countries. Sites like coinbase,kraken, bitstamp, cex etc allows crypto fiat conversions. You may use localbitcoins too...

yes, converting fiat to crypto or vice versa can be done. some countries that support the development and use of crypto will be very easy in crypto transactions that are used for investment. many people consider crypto in some types of coins even better than investing in gold.

[ongkok87]

Not too late yet, but in a couple of years it might be too late.  The next 2 years could be very profitable if you're positioned right.  Bitcoin has the halving event in May of 2020, and ETH is likely to do much better than BTC.  ETH 2.0 is happening soon and many projects are using ETH instead of creating their own chains, some alts could rocket up with it.  It's looking like the time to get in is now or never. 

Indeed there is no delay if we really want to start investing in the cryptocurrency market. but to do the analysis indeed we must be more observant to be able to take the right moment to be able to get a good price in order to maximize the benefits we get later

[tabas]

Same question asking here. Is it possible to convert crypto to fiat? Thank you!

Yes, but you should tell on what country you are living in. Because there could be some local services or exchanges that can make it easier for you to convert crypto to fiat and vice versa. But if not, what do you prefer? selling crypto or bitcoin through bank deposit or selling it to an individual.
There's localbitcoins where you can sell and buy bitcoins to other people.

[cosmofly]

Hello! I'm a newbie trader, and I want to know if investing in crypto is a good idea. Now it became very easy, for example, you can buy crypto with a bot or your credit card using such services as changelly or shapeshift. However, does easy means good? Should I buy crypto now or it's too late?

There is no right or wrong investment.  I know many people who are rich for trading coins and many who lose everything for trading coins.  So try your hand at a small amount.  If you are interested in trading and make lots of money from it, I congratulate you.  so, let's try now

[egetrorx]

Bitcoin’s weekly Chaikin Money Flow index is reporting the strongest bearish bias since February. Other weekly chart indicators are also calling a deeper drop, possibly to levels below recent lows near $7,750.
https://www.coindesk.com/bitcoin-price-indicator-shows-bearish-mood-strongest-since-february

[ardentvolcanoes]

Hello! I'm a newbie trader, and I want to know if investing in crypto is a good idea. Now it became very easy, for example, you can buy crypto with a bot or your credit card using such services as changelly or shapeshift. However, does easy means good? Should I buy crypto now or it's too late?

There is no right or wrong investment.  I know many people who are rich for trading coins and many who lose everything for trading coins.  So try your hand at a small amount.  If you are interested in trading and make lots of money from it, I congratulate you.  so, let's try now

If you feel comfort doing this business then investing with crypto will favor you. Yourself will determine if you did the right thing there's no one can judge it up for you.

Your own assessment and observations will tell you if you did the right thing participating with this venue of investment. Keep proceeding and enhancing your skills if you have the time and comfortable treats to get more attainable success.

[CoinKolik]

Crypto includes high risk. High risk means high gain and high loss.
You can invest with the money you can effort without making your life terrible. You must understand that you can lose all your investment if you follow wrong steps. Same as life.
You can reduce risk by using risk management and optimise your gains with less risk.
First do your own research perfectly and than invest in crypto.

[MMA Rats]

A person is not just going to invest in cryptocurrency, he does it for the sake of earnings, so it makes sense to invest in cryptocurrency always