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Author Topic: Is investing in crypto a good idea?  (Read 10654 times)
Godstrength
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August 18, 2019, 01:49:40 AM
 #41

Only invest what you can afford, as for me, I'm considering the money that I put in crypto as already something that's gone. If you don't want to go YOLO, go with the top coins such as BTC, ETH. You may also want to check out top exchanges such as Binance as they're also listing quality coins that already have an actual product, not just an MVP, etc. It's never too late to invest in crypto, as a matter of fact, we're only just starting.
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August 18, 2019, 02:37:15 AM
 #42

I think Yes,because it can bring very good profits in the future,and the process is very interesting
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August 18, 2019, 02:44:07 AM
 #43

I think Yes,because it can bring very good profits in the future,and the process is very interesting

You dont need to think because the answer is obviously yes  . not just in the future but cryptos can provide profits instantly if ever you got lucky that the coins that you bought have gotten pump imediately  . 

the process is interesting because you can learn different stuffs . ex. When you hodl you will learn to have a patience and during the time you hodl you are lurking on the forum to look for more advice or tips/tricks etc about your investment and on other stuff related to cryptos
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August 18, 2019, 07:00:25 AM
 #44

I think Yes,because it can bring very good profits in the future,and the process is very interesting
Has it looks interesting for you? Then you'll need not to give some doubts in crypto but rather to be positive and having this one as a good source of income. Lately, crypto investors suffer hugely loses as prices hit in the ground once more but they'll never give cause they believe it so and have that patience. We can make this as a mirror.
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August 18, 2019, 09:00:55 AM
 #45

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?

It's not all the same. There are good coins and bad coins, so there is no answer to the question of whether investing in crypto is good - unless the coin is specified.
Bitcoin and some of the other high cap coins, yes, definitely a good idea to invest. But as you drop down to lower cap coins, the risk increases. There are some projects that will be a huge success, but there are many that will just fail and leave you at a loss. So it is crucial to decide which coins you're interested in.
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August 18, 2019, 01:54:56 PM
 #46

investing in crypto must have a very precise analysis so that you avoid large losses but you must buy very reliable coins such as bitcoin or altcoin that have and a large volume, prices in crypto are very fluctuating at all so you have to be careful

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August 18, 2019, 02:15:59 PM
 #47

Before you invest, you should learn something about the asset what are you going to invest. And when you know something about cryptocurrencies, then you will know what is the best place for your money.  Wink

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August 18, 2019, 02:55:31 PM
 #48

It depends.

Are you investing in crypto for the long term?? If yes then I think it is a good idea as long as you will invest on top coins like Bitcoin, Ethereum, Ripple etc. but before investing you should learn how crypto's price is moving and also the basics of cryptocurrency.

 
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BUK2016
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August 18, 2019, 03:51:06 PM
 #49

All depends on the crypto currency that you want to buy for an investment purpose and the level of your capital is also another factor that need to be put into consideration. You just have to do your research well and invest wisely for I don't think it is too late for one to invest in crypto currency as there are so opportunity in the crypto space.
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August 19, 2019, 08:42:15 AM
 #50

Only invest what you can afford, as for me, I'm considering the money that I put in crypto as already something that's gone. If you don't want to go YOLO, go with the top coins such as BTC, ETH. You may also want to check out top exchanges such as Binance as they're also listing quality coins that already have an actual product, not just an MVP, etc. It's never too late to invest in crypto, as a matter of fact, we're only just starting.
In my routine crypto activities, I don’t consider any money that I put in cryptocurrency as being gone because I worked for it and it is my sweat so I deserve to get it back and also have some increase on it, and because I recognize my money as what I work for, that is what usually motivate me never to allow myself get into the hands of scammer that will swindle me of it or invest in a bad project that will fail and make me loose.

Although we have different approach and different believe but I see that we both have the same strategy, I mean strategy of just investing in top reliable coins like the ones you mentioned, and that is the best way that one can still protect ones capital, we invest strictly in project that is of high quality so that we can have something to hold on to as profitable investment in future.

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August 19, 2019, 08:55:36 AM
 #51

my conclusion cryptocurrency is not a place for investment because in the world of cryptocurrency has a very high risk, cryptocurrency is more suitable for transactions or for payments, if you want to invest then you better investment property, such as land investment or others that have physical form and have less risk than cryptocurrency.

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August 19, 2019, 12:00:19 PM
 #52

I think Yes,because it can bring very good profits in the future,and the process is very interesting

yes, if you invest in a solid and reliable cryptocurrency
such as bitcoin, ethereum and bnb
but, if you invest in wrong coins, you will lose your money
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August 19, 2019, 02:52:15 PM
 #53

I would not say good idea but also cannot be called as bad idea invest for crypto but learn the risk before you doing something important and for some of people investing at cypto aren't suitable for them because they cannot accept lost from volatility of crypto and indeed buying crypto much easier currently because as you can says you can buy it with your credit card but the most important is what is your real purpose when decide to buy crypto whether it's for investment tool or you have another purpose to do so

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August 19, 2019, 03:05:39 PM
 #54

investing on crypto can be a good idea but can be a bad idea too
if you invest in crypto without enough knowledge, i think this kind of investments will be a bad idea for you
so, learn about crypto first before investing  Wink

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August 19, 2019, 03:24:11 PM
 #55

This is the right time to buy crypto if really you want to trade or invest in a place to earn a good return. This is because the price of coins are very low especially Bitcoin and ethereum that are the most popular coins in crypto. Many expart are showing us sign that before the year runs out, price of Bitcoin will go above 20,000 dollars and ethereum to will go above 3000 dollars. So it is rime to buy.
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August 19, 2019, 04:53:04 PM
 #56

Yes it is a good idea, provided that a) you pick a good coin, and b) you put money in at the right time.
For 'a' I would say BTC or ETH to start with, and for 'b', well, this can be tricky. Just make sure you're not putting money in at what looks like a price peak.






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August 19, 2019, 10:10:05 PM
 #57

A good friend of mine said "the market is never too late"
This is a very risky activity that punishes those who are in a hurry. And it is important to remember that it is necessary to spend on investments no more than the amount that is not afraid to lose.

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August 19, 2019, 10:22:28 PM
 #58

A good friend of mine said "the market is never too late"
This is a very risky activity that punishes those who are in a hurry. And it is important to remember that it is necessary to spend on investments no more than the amount that is not afraid to lose.
People usually think crypto as a way to become rich instantly, make money easily. I supposed to believe that before but when I've been in here for a while, I realize that it will be wrong, no such thing happens in here. Yes, we can make money here but we need to work it hard, having the right decision and willingness to take the risk otherwise, we lost our funds in just a single click.

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August 19, 2019, 10:32:16 PM
 #59

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?

for now crypto investments is the best opportunity if we comparing with other investments mate
because, if you can predict the right coin to invest, you can gain your money in short period time Wink
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August 20, 2019, 04:10:57 AM
 #60

investing now or waiting is your decision to see price movements, but in my opinion personally now is the right time
BTW Which coins will you choose for investment? bitcoin or altcoin?

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