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Author Topic: Is investing in crypto a good idea?  (Read 10494 times)
shushu9977
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August 20, 2019, 05:42:10 AM
 #61

If investing is a good idea, then everyone invests in crypto-currency. If you have a proper or accurate knowledge about crypto, then you should invest in crypto. Investing on right or perfect crypto is useful and profitable. You should buy crypto anytime, there is no time to fix buying crypto or It's too late.

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August 20, 2019, 11:22:34 AM
 #62

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?

I think you should wait for a moment because the market seems to increase and if you try to buy it, I am afraid you will buy at a higher price. If you can be patient to wait for the price is down, then I think you can buy bitcoin at that time, and you will get bitcoin at a lower price. But that will be your decision, I only advise according to the market situations, and I don't want to see you buy bitcoin at a higher price.

You can buy right now if you don't mind to get bitcoin at a price now but try to buy with little money to see where the price wants to move so you can know what you need to do later.

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August 20, 2019, 03:04:29 PM
 #63

Investing in crypto is a good idea and not late to invest as long you are ready to face the risks. Before investing gain knowledge about crypto as this will guide you about the market.
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August 20, 2019, 03:32:40 PM
 #64

Investing in crypto is a good idea and not late to invest as long you are ready to face the risks. Before investing gain knowledge about crypto as this will guide you about the market.

Every day, crypto is always developing, so I think in this case, it's never too late. it's just that your words are right, you must be prepared for all the risks that can occur.

if you are new to this, you need to learn a lot about price analysis, as well as information on current crypto developments. For starters, try learning from news about prices, for example, you can read information from this cointelegraph

https://cointelegraph.com/news/price-analysis-19-08-btc-eth-xrp-bch-ltc-bnb-eos-bsv-xmr-xlm

This news was just posted 20 hours after I posted this, so this is good enough for learning.

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August 20, 2019, 03:45:35 PM
 #65

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?
You can split if you have a good amount of money to invest, bitcoin should be the first priority and have the large portions of your assets, and then find good alts where you can put your money, split it up with top 10 projects inside CMC chances to find a good projects that will bring good outcome with
your invested money, crypto industry's still young and there's still a big picture to expect when adoptions occurred.

Investing always have a good future if you are willing to take the risk and make your time worthy while seeking for your best options.
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August 20, 2019, 04:50:34 PM
 #66

It's never too late to invest in crypto currencies, but you gotta invest wisely these days...

Bitcoin will NEVER go mainstream in it's current state. Why? Here's why:

On-chain, Bitcoin is capped at 7 tx/sec. The more activity the network sees, the slower transactions become.
As it grows in value, fees increase as well.
Lightning allows for a theoretically unlimited number of transactions at near-zero fees, but it has seen stagnant growth because there's little financial incentive for individuals to adopt it on their own.
XSN's solution involves using its decentralized MN network and the collateral locked in them to rout payments, act as watchtowers, and provide a ton of liquidity for transactions.
This will bolster Lightning without centralizing it.

As XSN is inflationary, the supply will slowly increase over time and allow more masternodes to participate.
With this design and approach, BTC will be able to scale and take on much heavier workloads without hitting any major bottlenecks down the road.

Additionally, XSN's masternodes are going to use lightning to restore some of BTC's inherent privacy and anonymity that was compromised by CEXs and KYC.
By embedding TOR into the network and implementing lightning atomic swaps, anyone will be able to instantly and privately swap a wide variety of coins without ever having to send them somewhere that is out of their control. This will greatly minimize the need for businesses that accept crypto to adopt 10 different types of coins as so many of them can be instantly swapped into BTC.
Imagine a standard Bitcoin qt wallet with an extra tab that offers everything that a full scale exchange has and you have the essence of Stakenet.

I'm obviously biased, since I invested some of my portfolio in XSN, but I see huge potential in the project, since it's not a direct competitor to BTC, but rather enhances the overall user experience.
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August 20, 2019, 05:42:56 PM
 #67

For some people who do not understand Cryptocurrency, then Cryptocurrency investment will be considered a folly.  But for investors who have been in the investment business for a long time, they must understand that investing in Crypto has very good potential. Instead of investing in Gold and Land, it's better to invest in Crypto. And you can invest in this Crypt anytime.
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August 20, 2019, 07:14:55 PM
 #68

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
The most important part of the knowledge to really go for first is how to identify bad project from good ones, for me, I think if you are able to differentiate the two, then you will be able to successfully make a very good choice and then have  a benefiting investment. One of the thing that kills people’s money and discourage them is bad projects and scam projects.

It has sent a lot of people out of the crypto market, I use to imagine how much the total capital of cryptocurrency would have been right now if we didn’t have scammers in it, look at the amount of money that has been stolen out of the market, and also consider the amount of money that would have been put in by investors, maybe by now, most of those top altcoins would have even gone 5x today.
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August 20, 2019, 11:59:17 PM
 #69

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?

When I was beginning in the crypto world, had little doubts. But after trying to invest, I can make a profit. So I think that investment decisions in crypto are a good thing. But we must also be patient and continue to learn about the crypto world. You are not too late if you want to invest now. Many people think that Altcoin will definitely return successfully.

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August 21, 2019, 06:07:04 AM
 #70

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?
The speculation will be better than investing in cryptocurrency.
Because businesses do not provide us with financial statements, so long-term investment will be a big risk for us.
speculate right now, you will still have a great profit if you choose the right time to buy and sell.

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August 21, 2019, 04:49:09 PM
 #71

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?
Since you are a novice trader, before you start using cryptocurrency and investing in it, You need to know all the positive and negative sides that cryptocurrencies have.Ie the answer is obvious,to invest?-Yeah.But only before that to protect themselves with useful information.

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August 21, 2019, 04:51:55 PM
 #72

Yes, and no.
If you invest in the right projects, it can be extremely lucrative, but you need to stay cautious of all the shit tokens, and scams out there with nothing going for it.

You can play it safe, by investing in BTC and ETH, but the real gains that are gonna be life changing is still in the low marketcap projects, which could potenially reach 100x again.
Finding these projects is tricky though, you need to look for projects with active development, but not only that, what they develop needs to be accounted for as well. There are a lot of small niche projects, with next to no real world demand, yet people jump on them hoping for a quick profit.

One of the most legit projects, that actually enhances BTC and LTC users the most is Stakenet (XSN). With all the recent regulation rules, KYC, and limits on peoples accounts, not to speak of exchange hackings, and frozen assets.

Decentralized exchange trading is what everyone wants, but the current DEX solutions is not really feasibly for that, since they use atomic swaps to make the trades. These swaps takes several minutes to process, and frankly, nobody wants to wait for that, especially if you're a day trader.
Stakenet has a solution that makes the Lightning Network decentralized with the help from 2000+ masternodes in their network running it.

This makes it possible to run a decentralized DEX with NO KYC, NO registration, NO syncing time with the network. Near instant transactions, with very low fees.

And this is just ONE of many dApps to run on their eco system of masternodes btw.
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August 21, 2019, 11:50:38 PM
 #73

Have to think about it and look around and lessen what people could say about crypto.
Many would say YES and someone will say NO. It is a big help to decide our own and formulate ideas that could support why it is worthy for our investment or not. The readiness and willingness to take the risk will boost you up as high-risk takers make more money than those who are low-risk takers. Try to examine our self if we are ready into these.

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August 22, 2019, 01:06:55 AM
 #74

It still is but I would only agree if you have prior knowledge about cryptocurrencies and blockchain itself. This new financial system is not built to be an investment scheme but rather a solution to the problem, which if you could understand could put some value on it. With knowledge I mean those basic things like security, trading platforms and those fees, you also better choose your platform when entering crypto coz you might end up losing huge bucks for obvious high fees.
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August 22, 2019, 03:04:10 AM
 #75

As a beginner, you better learn about the crypto market movements. When looking at market conditions now it is very difficult to predict. Altcoins have decreased and are very slow in responding to Bitcoin price increases. But with the current conditions, you can invest in a coin that already has a large volume. As Bitcoin and Ethereum will be a pretty good investment place.

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August 22, 2019, 04:47:50 AM
 #76

Investment instruments in cryptocurrency include considerable risks. the importance of understanding these aspects to be able to determine the amount of investment and also your target to invest in cryptocurrency. This is an important thing that you must do to invest in cryptocurrency
Knowing those information will take you to continue working inside and allow you to decide which particular strategy that you'll going to use, there's already informations that you can use as basis while taking your position and make it worthy for your advantage, crypto have a same concept in terms of investing your money, your target is to earned either on a short period of time or you are willing to maximize everything and have a much bigger outcome.

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lolxxxx
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August 22, 2019, 04:47:57 AM
 #77

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?

Read the threads which were answered before.

My opinion is to invest in something that has a great in-real-life value like (land or something) just invest money in it and wait for a year and sell it, isn't that easy instead of investing in shitty coins?
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August 22, 2019, 05:14:56 AM
 #78

Investing in crypto is a very good idea but it is up to you how wisely you are allocating your funds for the different coin. There are many coins which are suddenly giving you unexpected huge profit but that means not you invest for this coin now as the price is too low. Before investing you should look for that crypto what is the trading volume and how many market it is trading now. If the coin is listed many market and a good trading volume then invest for that crypto coin.
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August 22, 2019, 08:54:44 AM
 #79

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?
I don’t think that waiting to make decision whether to buy now is really working in crytpomarket, especially now that most market are already at bottom, and bitcoin just started rising, at this point is when any sudden increase can occur at any time, and the best way to prepare for the unexpected surprise is to buy now.

This was the waiting that many people waited when bitcoin was $4000, and they were contemplating whether to buy then or they could still get it cheaper believing that it will get to $2500, it was just overnight that bitcoin changed its value and that was how many of them lost out of buying that low, but the chance to buy low has not completely gone and I think that it is still very cheap to buy now because of the great increase it will have later.

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August 22, 2019, 10:15:55 AM
 #80

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?
I don’t think that waiting to make decision whether to buy now is really working in crytpomarket, especially now that most market are already at bottom, and bitcoin just started rising, at this point is when any sudden increase can occur at any time, and the best way to prepare for the unexpected surprise is to buy now.

This was the waiting that many people waited when bitcoin was $4000, and they were contemplating whether to buy then or they could still get it cheaper believing that it will get to $2500, it was just overnight that bitcoin changed its value and that was how many of them lost out of buying that low, but the chance to buy low has not completely gone and I think that it is still very cheap to buy now because of the great increase it will have later.

Most of us here are crypto lovers. Investing in crypto is a must-to-do before a new bull run, and that`s coming in the next few years. Who wait too long will miss a perfect buying opportunity.
Whether to buy or not to buy, depends on your plans. Short-term investments are tricky in the crypto market and when it comes to long-term investments I think it`s good to buy whenever you can, holding crypto for years proven to be great in the past 10 years and I believe that trend will continue.



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