Before I Invest With Cryptoqurrency?

[lienfaye]

Investing must have a target to be achieved.
Avoid greedy when you have achieved what you want.
Every investment in crypto can not guarantee that what you are investing will pay off.

Before you can achieve your goal to earn you have to start on choosing the best project that is genuine and not like others who will turn out to be scam. The hard part is where to invest with numerous scam project existing, thats why many of us prefer to stick on old coins rather than the new one without assurance if it will succeed or not.

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[andika2018]

1. Check the overall contents of the project such as a team, road map, white paper, etc.
2. Check various features offered by the project such as privacy coins or decentralized coins.
3. Check how valuable the coins are or compare with other more popular coins. if the coins have potential, of course have a multi-professional team & the volume of coins always increases.
4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.
5. I suggest you invest in established coins rather than looking for very young and newly planted coins to invest.
I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?

I agree that it is safer to invest in established coins in the market. New coins have a high enough risk because they are only in the product development stage and sometimes also do not have a large transaction volume so prices move quite slowly. In addition, there is a risk of getting a scam if we are not careful in investing in new projects

[Landak]

Investing must have a target to be achieved.
Avoid greedy when you have achieved what you want.
Every investment in crypto can not guarantee that what you are investing will pay off.

Before you can achieve your goal to earn you have to start on choosing the best project that is genuine and not like others who will turn out to be scam. The hard part is where to invest with numerous scam project existing, thats why many of us prefer to stick on old coins rather than the new one without assurance if it will succeed or not.

And in the end many investors are now re-investing in old coins to get their money back after being often scamed by the IEO/ICO project.
it is indeed more comfortable investing in the same place (investing in projects/coins that have proven to be trusted for a long time) than finding a new place to invest (investing in new projects).
so before investing do have to think carefully, especially in new projects.

[johnwest]

Your points are valuable and good for newbie traders but with all the fluctuation going on in the BTC chart, it will be hard to find projects and trade in the short term, because even when the project is good and potential, the market will fluctuate with BTC price dumping or pumping.

[JahriMeayer]

Yes it's all true and don't invest in new coins because new coins don't have a large community and don't have a lot of partnerships either. If the old coins have a lot of partnership, it means that the project has a high level of trust and the project is useful

[the rise]

for coins that are already comfortable in large exchanges, not too tight to read whitepapers, etc., only need to see what updates they are issuing and monitor big plans from the main roadmap. Most of what I observed is based only on candle charts and daily volume, and also follows the analysis of the top traders in the tradingview.

[Blackdeath]

In my own personal opinion, before you invest your money in cryptocurrency you should know first about it's risk because even you check the projects whitepaper, website and team members, you are still not usre if it is really legitimate, that is why you should also.invest your money in cryptocurrencies that already has a good value and has a potential to increased to avoid huge risk.

[monineklutak]

for coins that are already comfortable in large exchanges, not too tight to read whitepapers, etc., only need to see what updates they are issuing and monitor big plans from the main roadmap. Most of what I observed is based only on candle charts and daily volume, and also follows the analysis of the top traders in the tradingview.

A road map for a project is very important! Don't forget that, many projects are left by investors because the road map is not as expected,
it makes it hard for investors to achieve their profit targets.

[bohr]

4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.

When you are investing in top coins you don't need to check a lot of things, others did that for you. What people should do is to prepare some money and buy coins they believe in long run, after that is simply waiting. Crypto is good for making money in long run, and its the safest way from them all. Everything fast can be very risky, and usually chasing for quick profit  leads to losing invested money.

That is the key to all of this, investing in the top coins in the market can be one of the best decisions that you take in your life but it is important to understand the nature of that decision, most people want to obtain profits in a really fast way and if you invest in those coins you should not really expect for that to happen, it will probably take you years to see the profits that you want but when you finally get them you will not be disappointed by the results.

[terrific]

The looks of a project can be deceiving especially if they have a very popular guy included to their team.
But that's not a team works, it's just a PR marketing and investors should be more precise with their standards.
Never turn in to that kind of stunt and be more of an analyst before investing, see if someone is a fake member.
Using a fake picture and name.

[sorrros]

That was mentioned many times, and about the investing only in top 10 coins. This strategy doesn´t mean that you are secure against loss. Look which coins were in top 10 in 2016 or in 2017. Many of them are not even in top 100 now.  

[XCANA]

Yes it's all true and don't invest in new coins because new coins don't have a large community and don't have a lot of partnerships either. If the old coins have a lot of partnership, it means that the project has a high level of trust and the project is useful

Although that's your opinion but somehow wrong. I have been on this industry with over 7 years now and have invested in new coins and tokens which have yielded more results more than the existing coins or tokens on exchanges. Researching into a good projects give a good opportunity for any investor or early adaptors.

[GideonGono]

That was mentioned many times, and about the investing only in top 10 coins. This strategy doesn´t mean that you are secure against loss. Look which coins were in top 10 in 2016 or in 2017. Many of them are not even in top 100 now.  

I agree, because there are a lot of coin that are created every month so there has a lot of good project that the investor from top 10 coins do take risk to invest in some popular coin that are releases. By the traders, it has an effect to the coin every minute because of they choose a good coin then leave it as a trash.

Before you invest with crypto, make sure you have a lot of money you've prepared in able to recover from loses.

[BlackFor3st]

1. Check the overall contents of the project such as a team, road map, white paper, etc.
2. Check various features offered by the project such as privacy coins or decentralized coins.
3. Check how valuable the coins are or compare with other more popular coins. if the coins have potential, of course have a multi-professional team & the volume of coins always increases.
4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.
5. I suggest you invest in established coins rather than looking for very young and newly planted coins to invest.
I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?

Top 10 in CMC are only good for long term holding but if you really like to easily multiply your money in just a short period of time then investing in new projects is the best option. New projects have a high ROI if the project will become successful and high risk also if in case the project will not able to reach their target or the team will run your hard earned money.

It's about strategy,patient and being resourceful in order to profit in crypto currencies. All that were mentioned are all useful but because of many projects that pops up everyday then it will take you time to filter those shit projects from the genuine one so you really need to be patient.

[starblocks]

If you don't want to invest in higher risk, lower market cap assets, then its best to stick to the top ranked projects on Coinmarketcap as these will offer the most balanced returns coming into next year, so build a portfolio of those with at least half in Bitcoin and you should have manageable risk

[Furryball]

1. Check the overall contents of the project such as a team, road map, white paper, etc.
2. Check various features offered by the project such as privacy coins or decentralized coins.
3. Check how valuable the coins are or compare with other more popular coins. if the coins have potential, of course have a multi-professional team & the volume of coins always increases.
4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.
5. I suggest you invest in established coins rather than looking for very young and newly planted coins to invest.
I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?

For now I agree if we prefer to invest safely like investing some of our money in top coins rather than new projects that have high risks because lately we often see many new projects that turn into scams but this does not mean that new projects not worth investing, there are still new projects that are good and worth investing in but for now I prefer to invest in the top coins.

It’s our own Greed which gives us lose if we will control our greed then no one will date to give us scam like so many people will show you green garden to become rich faster so never get scammed by them just invest your money in bitcoin which is trustworthy coin and that has good name in crypto market also better to invest or trade for long term if you are new.

in the current situation it is indeed more convenient to invest in old coins that have been registered with the CMC. of course we want to bear a little risk in investing, especially now that many old coins are experiencing a sharp decline, so they have cheaper prices. therefore in my opinion risk management is more important

Just because a coin get on Coinmarketcap did not mean they are good, CMC list coins based on their requirements not how good the projects are, many coins on CMC have no trading volume

[TanakabZX]

1. Check the overall contents of the project such as a team, road map, white paper, etc.
2. Check various features offered by the project such as privacy coins or decentralized coins.
3. Check how valuable the coins are or compare with other more popular coins. if the coins have potential, of course have a multi-professional team & the volume of coins always increases.
4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.
5. I suggest you invest in established coins rather than looking for very young and newly planted coins to invest.
I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?

We are not the same, I have the high risk appetite in me so I am going to keep trying new projects out because this way I will be able to make bigger profits in short time, there are many bad new projects for sure but still we have few very good projects as well

[Savemore]

If you don't want to invest in higher risk, lower market cap assets, then its best to stick to the top ranked projects on Coinmarketcap as these will offer the most balanced returns coming into next year, so build a portfolio of those with at least half in Bitcoin and you should have manageable risk

Those coins who have low market capitalization are shitcoins in the market and they are considered as illiquid tokens because of their low volume. Beginners think that they will get easily rich if they will buy a coin that is cheap and haw low volume becuaee they are expecting that its price will go to the moon, it is a wrong idea and if we want to but cryotocurrencies make sure it has high volume and it is part of the highest market capitalization in the market.

[Pamadar]

If you don't want to invest in higher risk, lower market cap assets, then its best to stick to the top ranked projects on Coinmarketcap as these will offer the most balanced returns coming into next year, so build a portfolio of those with at least half in Bitcoin and you should have manageable risk

Good planning helps a lots in order to succeed with this industry, if you can find good quality projects who are still suffering from this bloody market, your chance of gaining can be expect when the time for strong bull momentum comes and start bringing the value to another high. The cycle is continuous so
taking the risk is beneficial to those who can afford to wait and patiently workout with the market.

[dubovts]

1. Don t buy to high; wait when price drop
2. Don t invest all money in 1-2 project; spray you depo.
3. If you have even a little doubt that team don t have much honest and integrity - dont invest