Is investing in crypto a good idea?

[irixo10]

Investing in crypto is a good idea because it affords you the opportunity to explore more ways in which transactions can take place without fiat, it also affords you the opportunity to be acquainted with blockchain technology and many other possibilities. Now about crypto in general, with the world going digital, now is the best time to understand the potential crypto holds; so in general, going for crypto is a good idea. Also, depending on your location, you can buy crypto with your card through most exchanges like Binance but before doing that, make sure you have gone through all you need to know about creating a wallet and so forth. And lastly, with the market going higher, you might want to wait a bit, however if you are a risk taker, you can go ahead but mostly top altcoins and invest what you can afford.

[ningrum]

This question has been asked so many times, and it gets the same answers always. It is never too late to invest in crypto. In fact everyday is a new opportunity, read more and be careful buying into ICO and you will be fine.

No need to invest in ICO, just invest in several altcoins that have the potential to be 2x or 10x,
yes, like ethereum, Tron or Ripple, coins with large market cap make investors comfortable, so hold for a long term

[Tervelatuk]

This question has been asked so many times, and it gets the same answers always. It is never too late to invest in crypto. In fact everyday is a new opportunity, read more and be careful buying into ICO and you will be fine.

No need to invest in ICO, just invest in several altcoins that have the potential to be 2x or 10x,
yes, like ethereum, Tron or Ripple, coins with large market cap make investors comfortable, so hold for a long term

its really good idea for now, those coins were best in cryptocurrency market and have less risk if compared with another coins. in market investors have option in their must have portofolio. usually ethereum ripple and tron be this " must have " in their bag.

[Lore06]

No need to invest in ICO, just invest in several altcoins that have the potential to be 2x or 10x,
yes, like ethereum, Tron or Ripple, coins with large market cap make investors comfortable, so hold for a long term

As a safe alternative it is true as you say, we only need to invest in well-developed altcoins or top 10 altcoins.
However, even though investing in ICOs is very high risk, especially many ICOs are scams lately but if you can get a good and successful ICO ahead of the increase in bitcoin prices like now then the benefits you can get are much greater.

[whyrqa]

No need to invest in ICO, just invest in several altcoins that have the potential to be 2x or 10x,
yes, like ethereum, Tron or Ripple, coins with large market cap make investors comfortable, so hold for a long term

As a safe alternative it is true as you say, we only need to invest in well-developed altcoins or top 10 altcoins.
However, even though investing in ICOs is very high risk, especially many ICOs are scams lately but if you can get a good and successful ICO ahead of the increase in bitcoin prices like now then the benefits you can get are much greater.

Almost nothing has changed since 2017, and ICO projects continue to raise a lot of questions and concerns. But nevertheless, among these projects there are quite good and promising ones, because not all developers can afford IEI. But if you are looking for a project for investment with a lower share of risk, then it is better to pay attention to IEO projects, which are presented, for example, on the Binance exchange.

[Anish02]

This question has been asked so many times, and it gets the same answers always. It is never too late to invest in crypto. In fact everyday is a new opportunity, read more and be careful buying into ICO and you will be fine.

No need to invest in ICO, just invest in several altcoins that have the potential to be 2x or 10x,
yes, like ethereum, Tron or Ripple, coins with large market cap make investors comfortable, so hold for a long term

There is no need to do investments in ico because it wouldn't be that's much safe like earlier time, but instead of that you could invest in any top altcoin which have the good market cap. Also you can find out many good alts in the market, so wouldn't need to rely on ico for the investment.

[bttmember]

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?

Around the time of your post it was perhaps the best time to enter the crypto market because you can easily see how much it has grown after that time but i think potential is still there and you should have a strategy to buy and accumulate top coins so that you can retire early in few years time.

[chanler]

does easy means good?

It is only bad if you start to invest or trade in crypto without sufficient knowledge. But if you try to learn everything first and you know what's your target exactly, I think easy means good, why not? You won't be able to invest as easily in crypto on forex or on any other investment places in the real life. We know that crypto investment or trading is the easiest one in the world. However, there is always a risk because it has volatility and instability.

Should I buy crypto now or it's too late?

You can start now, surely it is not too late. However, you need to understand how to choose the best coins to invest/trade. You also must know the right way to manage the coins to take profits. Good luck, buddy..

[coinswebid]

Of course investing in cryptocurrencies is a good idea during a pandemic,
because some investment instruments such as cars, land and stocks have decreased considerably,
and the slow recovery has made these assets weak, cryptocurrencies have so far been very good in terms of performance ,
invest in cryptocurrency and feel the profit.

bad or good is depends on our knowledge and our strategy my friend
if we have a good knowledge and the best strategy to choose the right coins to invest, i think investing in cryptocurrency will be a good idea

[tyoA7X]

skill and mentality in the main in crypto investing investing in crypto is too risky will lose at any time if you don't have better knowledge don't invest can take another way or a little advice from me invest in top coins like bitcoin and ethereum it is easier to profit if bull run come

[West0813]

I think it's a good idea. But we need to be more knowledgeable about the cryptos and how it works. And we need to have the courage to invest in a crypto that can give us good payout in the future.

[Cryptpogz1]

Well if you are still hesitating as of now (decembre 2020)  i advise you to hold your fiat for now and wait for the bullrun ti pass because honestly no one knows where is bitcoin (and altcoins) going atm they're on an all time high and while its true that there is still room to grow but i tihnk that a price correction will most likely happen before that, so just sit back and wait for this storm to pass.

[CryptoTech_]

Good idea, you can make a big profit. But all of that is not easy, because it takes accuracy in choosing a coin / token and requires patience. If you are not conscientious and impatient, you will never get a good profit.

[mace15]

Good idea, you can make a big profit. But all of that is not easy, because it takes accuracy in choosing a coin / token and requires patience. If you are not conscientious and impatient, you will never get a good profit.

This is true, you can make a big profit when investing in crypto. And the best for that is to gain knowledge first on how trading works. Without this, you cannot gain and will be suffered losses of money. Also, it is a must in doing research in which project to invest for us to avoid loss and regrets in the end.

[tyoA7X]

Good idea, you can make a big profit. But all of that is not easy, because it takes accuracy in choosing a coin / token and requires patience. If you are not conscientious and impatient, you will never get a good profit.

This is true, you can make a big profit when investing in crypto. And the best for that is to gain knowledge first on how trading works. Without this, you cannot gain and will be suffered losses of money. Also, it is a must in doing research in which project to invest for us to avoid loss and regrets in the end.

this is perhaps the best advice for newcomer investors, they must really understand a coin before investing don't invest as they like or using filing will definitely cause losses Crypto investing must be meticulous in all of them when everything looks good go on to invest in it

[kodtycoon]

Good idea, you can make a big profit. But all of that is not easy, because it takes accuracy in choosing a coin / token and requires patience. If you are not conscientious and impatient, you will never get a good profit.

This is true, you can make a big profit when investing in crypto. And the best for that is to gain knowledge first on how trading works. Without this, you cannot gain and will be suffered losses of money. Also, it is a must in doing research in which project to invest for us to avoid loss and regrets in the end.

this is perhaps the best advice for newcomer investors, they must really understand a coin before investing don't invest as they like or using filing will definitely cause losses Crypto investing must be meticulous in all of them when everything looks good go on to invest in it

Well Research I think is not enough mate, he must be a courage to take risk and especially not to put in one product this advice is useful for newbie. He must too be carry investments without indecision and don't even miss a one moment act immediately if when it is profitable.

[dishku]

investing in cryptocurrencies is a good thing for this year, compared to investing in stocks, investing in cryptocurrencies is very profitable, Bitcoin can go up 2x this year., from the price of $ 4000 to $ 19700 is a very extraordinary thing.

What you mean by this BTC could go up to 2x by end of current year? As I understand you wanna say that by this end of current year it can touch up to $38k which is looking very hard at the moment. From my point of view altcoins could bleed more if BTC gain more value in coming days so wait and watch.

[matchi2011]

investing in cryptocurrencies is a good thing for this year, compared to investing in stocks, investing in cryptocurrencies is very profitable, Bitcoin can go up 2x this year., from the price of $ 4000 to $ 19700 is a very extraordinary thing.

What you mean by this BTC could go up to 2x by end of current year? As I understand you wanna say that by this end of current year it can touch up to $38k which is looking very hard at the moment. From my point of view altcoins could bleed more if BTC gain more value in coming days so wait and watch.

End of the year target, I can agree to you. Hitting twice the current value now is very tough maybe a new high may reached
but another x2 just maybe unachievable.

Though we are inside crypto where possibilities can happened depends to fomos and more on how whales plays. Just make sure to
know how to adjust in each situations that might happened.

[Josefjix]

investing in cryptocurrencies is a good thing for this year, compared to investing in stocks, investing in cryptocurrencies is very profitable, Bitcoin can go up 2x this year., from the price of $ 4000 to $ 19700 is a very extraordinary thing.

2020 proved beyond reasonable doubt that, cryptocurrencies investment isn't a bad economical decision to make. Most of the altcoins skyrocketed to certain level which sprung huge profits for their investors. Bitcoin also performed a lot of magic, retraced and almost behaving like a stable coin.

[udidrone]

in a pandemic like this the right step is how to make money in the house maybe crypto investment is the best way before investing, be careful have to know what the prospect of that coin is if it looks good invest in it and of course which target you choose profit short or long