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Author Topic: Is investing in crypto a good idea?  (Read 10494 times)
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October 19, 2019, 10:47:42 AM
 #241

If a person invests in cryptocurrency, it means that the cryptocurrency is of some interest to the person, in general, the cryptocurrency is considered to be perspective, so it makes sense to invest in it

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October 19, 2019, 10:17:28 PM
 #242

It's never too late to invest in crypto
Many upcoming investors still think this way. They all have the same thought that investing in crypto now isn't a good idea and they are probably late already since the hype was gone. But now that the market is growing naturally, hype shouldn't be the basis of its growth.
They have the encouragement now that if the market starts to get up again and another all time high is about to happen, they'll be happy to ride it early if they'll start now.
many think that because they might see a wave that occurred in 2017, and now the wave is disappearing or decreasing, so they feel that it's too late. however, thinking about this, I feel that the second wave will come soon. if you look at it from an investor perspective, this will be interesting, and there is a possibility it will come back. therefore, now could be a good time to gather assets before the next wave.

in terms of crypto investment, I think it can be a good idea and can be a bad idea. Think about this, it's because some coins are worth taking into account, while some altcoins are worth avoiding. if you're really interested, I only recommend looking at popular coins.
They think it's too late because the market seems to be huge enough for its growth and they don't think that it will continue. That's why they are thinking that it's no longer appropriate to get in while the market is on the lower phase.
Not just with those popular coins, there are popular coins that aren't fully into the advocacy of crypto so take that into account as well.

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October 19, 2019, 11:54:25 PM
 #243

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?
Why not? There are so many people investing in crypto around the world and yes today it's very easy to invest in crypto, you can even buy it with your credit card and what i know, shapeshift is a good service. It's better late then never, so my advice is yes you should buy crypto but remember crypto is also have a risk, same like other investment.
My suggestion is to buy Crypto which already has high credibility and volume on the Exchange or Crypto which is in the top 10 on coinmarketcap. Investing in Crypto is full of risks but you can get multiple benefits if you choose the right coins.

Agree, crypto investment is most risky, assets can be lost in a short time, of course if we aim for long term then buying top 10 coins is the right choice than new listed coins.
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October 20, 2019, 09:39:23 PM
 #244

Agree, crypto investment is most risky, assets can be lost in a short time, of course if we aim for long term then buying top 10 coins is the right choice than new listed coins.
You'll lose if you have invested to the wrong coins. Like those coins that has no volume and you're too ambitious to buy these coins making yourself believe that when the bull run comes, these coins will pump and you'll be a millionaire. But if you have invested to the right ones, you can lose some but the possibility of earning is there too. That mistakes has been done many times and told in this section so learning from those people can benefit us. Being on short too doesn't guarantee profit nor losses, depends on how good you are in both through your strategy.



 

 

 

 

 

 


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October 20, 2019, 09:53:41 PM
 #245

Agree, crypto investment is most risky, assets can be lost in a short time, of course if we aim for long term then buying top 10 coins is the right choice than new listed coins.
You'll lose if you have invested to the wrong coins. Like those coins that has no volume and you're too ambitious to buy these coins making yourself believe that when the bull run comes, these coins will pump and you'll be a millionaire. But if you have invested to the right ones, you can lose some but the possibility of earning is there too. That mistakes has been done many times and told in this section so learning from those people can benefit us. Being on short too doesn't guarantee profit nor losses, depends on how good you are in both through your strategy.
Basically, the investment will guarantee profits, but if you start randomly, then of course it is a risky investment, because investing with FOMO and not accompanied by good confidence will result in bad results even though you still get a return, but it is not an expected return because the value of your money decreases. So in investing in crypto at least we can start with money that is ready to be lost if indeed we start it in new coins that still have low prices.

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October 21, 2019, 04:31:21 AM
 #246

Agree, crypto investment is most risky, assets can be lost in a short time, of course if we aim for long term then buying top 10 coins is the right choice than new listed coins.
You'll lose if you have invested to the wrong coins. Like those coins that has no volume and you're too ambitious to buy these coins making yourself believe that when the bull run comes, these coins will pump and you'll be a millionaire. But if you have invested to the right ones, you can lose some but the possibility of earning is there too. That mistakes has been done many times and told in this section so learning from those people can benefit us. Being on short too doesn't guarantee profit nor losses, depends on how good you are in both through your strategy.
Basically, the investment will guarantee profits, but if you start randomly, then of course it is a risky investment, because investing with FOMO and not accompanied by good confidence will result in bad results even though you still get a return, but it is not an expected return because the value of your money decreases. So in investing in crypto at least we can start with money that is ready to be lost if indeed we start it in new coins that still have low prices.
I think that before participating, it is necessary to have a reasonable investment strategy and always ensure the property can make a profit in the long term. During the past time, many investors became rich from this market but there were some investors who lost their entire assets when participating in crypto so not everyone could afford to make a profit. I personally entered this market very early but my chance of making a profit was only 10% because psychology greatly affected my investment.

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October 21, 2019, 06:01:51 AM
 #247

Agree, crypto investment is most risky, assets can be lost in a short time, of course if we aim for long term then buying top 10 coins is the right choice than new listed coins.

Yes. higher the risk higher the profits. aseets can lost in short time but also can multiply in short time also.
Investing in crypto currency should using money that we can afford to lose because too high risk.
but i think if it's for long time investment like 5-10 years, i think crypto is really promising since we can see it's yearly chart history
Financial management must be absolutely clear if we want to invest in one of the investment instruments in the high risk investment category such as cryptocurrency. certainly do not want money needs mixed with investment. and make sure to use money that is not necessary at all when you want to make this investment because the risk is also quite high

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October 21, 2019, 12:51:25 PM
 #248

You can begin and start investing now if you want. Just learn how to deal with the changes in the market because cryptocurrency is really volatile. As for me, you have to learn about the basics of crypto trading and investing first. Know everything about its risks and don't miss any profitable opportunity. Apply the basics and buy while the prices are still low and choose potential coins which could provide you with a good gain in the future.
very appropriate advice for investors who are just starting to invest with crypto currency because the risks that will be obtained are very large and of course as investors must have patience and a very strong belief and in the conditions and situations like now investors should be able to take advantage of every opportunity that will get it later
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October 21, 2019, 08:28:32 PM
 #249

You'll lose if you have invested to the wrong coins. Like those coins that has no volume and you're too ambitious to buy these coins making yourself believe that when the bull run comes, these coins will pump and you'll be a millionaire. But if you have invested to the right ones, you can lose some but the possibility of earning is there too. That mistakes has been done many times and told in this section so learning from those people can benefit us. Being on short too doesn't guarantee profit nor losses, depends on how good you are in both through your strategy.
Basically, the investment will guarantee profits, but if you start randomly, then of course it is a risky investment, because investing with FOMO and not accompanied by good confidence will result in bad results even though you still get a return, but it is not an expected return because the value of your money decreases. So in investing in crypto at least we can start with money that is ready to be lost if indeed we start it in new coins that still have low prices.
It will guarantee profits if you are into bitcoin but it will take time to see your investment bloom with it because the market isn't stable and moving from the other side to another. Other than that, the risk with random altcoins is higher than bitcoin has. Those who have invested because of the FOMO they've felt are definitely not favoring the market. I was like a random guy and nearly invested in different altcoins, I thought that was a good idea but if you are giving importance to your money, too much diversification isn't good at least for me.



 

 

 

 

 

 


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October 21, 2019, 10:51:58 PM
 #250

Agree, crypto investment is most risky, assets can be lost in a short time, of course if we aim for long term then buying top 10 coins is the right choice than new listed coins.

Yes. higher the risk higher the profits. aseets can lost in short time but also can multiply in short time also.
Investing in crypto currency should using money that we can afford to lose because too high risk.
but i think if it's for long time investment like 5-10 years, i think crypto is really promising since we can see it's yearly chart history
Look at bitcoin history, it just needs 2-3 years cycle to get higher price. so you dont need wait 5 year or you will lose last ATH chance

new ATH happens usually 1 years after halving, that's what history tells. But, there is a chance that history doesnt repeat again. so keep eye on

it is my source why i said like that : Bitcoin Halving
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October 22, 2019, 08:47:50 AM
Last edit: October 22, 2019, 09:02:33 AM by shushu9977
 #251

Investing in crypto is a good idea because this is a process of digital payment from anywhere with a few seconds. Yes, you could buy crypto anytime, it depends on you. I am happy to be part of crypto family. I can exchange crypto easily from my mobile or laptop.  

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October 22, 2019, 10:35:52 AM
 #252

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?
Invest those money that you can afford to lose. Yes,investing in crypto is good in my view.though you told that you are new then go for top altcoins like btc,eth,ltc,xrp,bnb. Because yhese coin is safe than the others coin. Don't invest your money new altcoins and low Trade volume altcoins. Before investment try to make own analysis. Keep in mind that crypto is risky if you don't know how to control emotion.     

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October 22, 2019, 01:04:25 PM
 #253

Investing in crypto is a good idea because this is a process of digital payment from anywhere with a few seconds. Yes, you could buy crypto anytime, it depends on you. I am happy to be part of crypto family. I can exchange crypto easily from my mobile or laptop.  
not all transactions that you do are that easy. yes, crypto and blockchain provide an update on the world of digital finance. but if you see how the development of crypto now more and more and not much can be used for payment instruments legally and accepted by everyone.
this problem is still working for platform developers in the world to create a platform that can be trusted by all countries and people and of course under regulations for legal payment instruments.
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October 22, 2019, 01:50:39 PM
 #254

Investing in crypto is a good idea because this is a process of digital payment from anywhere with a few seconds. Yes, you could buy crypto anytime, it depends on you. I am happy to be part of crypto family. I can exchange crypto easily from my mobile or laptop.  
If someone who already knows about cryptocurrency will understand that conducting investments in cryptocurrency is an easy thing to do, but for some people who are still in the new category, I think they also don't really understand cryptocurrency.
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October 22, 2019, 05:29:06 PM
 #255

It's never too late to invest in crypto
Many upcoming investors still think this way. They all have the same thought that investing in crypto now isn't a good idea and they are probably late already since the hype was gone. But now that the market is growing naturally, hype shouldn't be the basis of its growth.
They have the encouragement now that if the market starts to get up again and another all time high is about to happen, they'll be happy to ride it early if they'll start now.
That is because they do not really know what they are doing, smart investors are looking for investments where they can put their money for years and be given profits and this market is perfect for that, but many of those so called investors are not really looking for that, they want to obtain fast results similar to what a trader will get, but you are very dependent on when you enter the market if you follow a strategy like that, this can be easily exemplified by all of those that got in the market during the 2017 crash and held during a year, during that time there were no profits to be had and if they gave up at that point they probably registered huge losses.
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October 22, 2019, 05:35:34 PM
 #256

Investing in crypto is a good idea because this is a process of digital payment from anywhere with a few seconds. Yes, you could buy crypto anytime, it depends on you. I am happy to be part of crypto family. I can exchange crypto easily from my mobile or laptop.  
If someone who already knows about cryptocurrency will understand that conducting investments in cryptocurrency is an easy thing to do, but for some people who are still in the new category, I think they also don't really understand cryptocurrency.
A lot of people, if want to make investment, actually only know buy and sell is already good. We only need to educate them if it is risky, so they are more aware about it. But it will be different if they want to trading. They must know how to analyze a coin so can be profitable for them.

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October 22, 2019, 10:36:31 PM
 #257

Many upcoming investors still think this way. They all have the same thought that investing in crypto now isn't a good idea and they are probably late already since the hype was gone. But now that the market is growing naturally, hype shouldn't be the basis of its growth.
They have the encouragement now that if the market starts to get up again and another all time high is about to happen, they'll be happy to ride it early if they'll start now.
That is because they do not really know what they are doing, smart investors are looking for investments where they can put their money for years and be given profits and this market is perfect for that, but many of those so called investors are not really looking for that, they want to obtain fast results similar to what a trader will get, but you are very dependent on when you enter the market if you follow a strategy like that, this can be easily exemplified by all of those that got in the market during the 2017 crash and held during a year, during that time there were no profits to be had and if they gave up at that point they probably registered huge losses.
And unwise investors are looking for those quick profits and after that they don't know what to do. Despite of the experiences that we had in this very swingy ride with cryptocurrencies, we all understand the true potential that it has unlike those unwise ones that always thinks that investing now isn't such a good idea but once they see the market is going beautiful, they'll jump in again.

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October 23, 2019, 02:28:04 AM
 #258

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?
Invest those money that you can afford to lose. Yes,investing in crypto is good in my view.though you told that you are new then go for top altcoins like btc,eth,ltc,xrp,bnb. Because yhese coin is safe than the others coin. Don't invest your money new altcoins and low Trade volume altcoins. Before investment try to make own analysis. Keep in mind that crypto is risky if you don't know how to control emotion.     
I agree with you . This market is not a place for investors with a poor mentality because any investment requires great patience and it is best to choose only the top coins in this market. I don't encourage you to venture into coins that do not have a clear development because the risk can cost you a lot of money in this market. The best advice when investing is to set the price to sell before buying and control your greed in this market.

All posts by me after 2012 were a compromised account. Probably by "BBOD The Best Futures Exchange". SORRY Y'ALL
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October 23, 2019, 02:36:03 AM
 #259

-Snip-
If someone who already knows about cryptocurrency will understand that conducting investments in cryptocurrency is an easy thing to do, but for some people who are still in the new category, I think they also don't really understand cryptocurrency.
A lot of people, if want to make investment, actually only know buy and sell is already good. We only need to educate them if it is risky, so they are more aware about it. But it will be different if they want to trading. They must know how to analyze a coin so can be profitable for them.
It's the first t learn before investing inside this market, every investment venue have risk but due to more fluctuation and volatile nature of this
industry, investors needs to educate themselves in order not to be rushing everything inside this market.

Knowing good deals and follow good actual patterns from expert traders will help to analyze the situation before taking your any position.

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October 23, 2019, 04:54:49 AM
 #260

Investing in crypto is a good idea because this is a process of digital payment from anywhere with a few seconds. Yes, you could buy crypto anytime, it depends on you. I am happy to be part of crypto family. I can exchange crypto easily from my mobile or laptop.  
If someone who already knows about cryptocurrency will understand that conducting investments in cryptocurrency is an easy thing to do, but for some people who are still in the new category, I think they also don't really understand cryptocurrency.
A lot of people, if want to make investment, actually only know buy and sell is already good. We only need to educate them if it is risky, so they are more aware about it. But it will be different if they want to trading. They must know how to analyze a coin so can be profitable for them.

Without knowledge, it is really a very bad idea to invest most of the traders will not choose for the long term investment because it might more than a year to recover the prices. It is very good to trade on daily which we need to sell after making enough profit, even for trading we need to choose the coins wisely and investment into cryptocurrency is always good if you choose the right coin for the investments.

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