LogitechMouse
Legendary
Offline
Activity: 2436
Merit: 1036
Chancellor on brink of second bailout for banks
|
|
October 21, 2019, 11:58:31 AM |
|
One rule in investing is that, before investing try to gather some information first and find if there are better coins to invest.
In this case, I don't know that much about DGB that is why I don't see it as a good investment for me and there are better coins to invest to like Bitcoin and Ethereum. Why would you choose to invest in a community driven coin Digibyte if Bitcoin and Ethereum can give you more profit in the long run.
|
|
|
|
|
|
|
|
If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
meliodas
Sr. Member
Offline
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
|
|
October 21, 2019, 01:23:41 PM |
|
One rule in investing is that, before investing try to gather some information first and find if there are better coins to invest.
In this case, I don't know that much about DGB that is why I don't see it as a good investment for me and there are better coins to invest to like Bitcoin and Ethereum. Why would you choose to invest in a community driven coin Digibyte if Bitcoin and Ethereum can give you more profit in the long run.
Yes. First and foremost, it is important to scan the overall market using coinmarketcap or by just simply scrolling to the listed cryptocurrencies in a certain exchange and look at the volume of the cryptocurrencies and those with high volume should be your priority because it means that there is something interesting in those coin or token. Then that is when you will do your research to finally find out if their purpose is what you really want to invest in.
|
|
|
|
Karenbr19
Newbie
Offline
Activity: 15
Merit: 0
|
|
October 21, 2019, 03:19:11 PM |
|
Financial advice in crypto is a no no, investing in crypto is at your own risk. And if you must... Then go for btc.
Digibyte is a good token tho, any alt you are Investing in, makse sure you do a thorough check on The project and team. Just to be 60% safe.... Investing is crypto is risk you should be sure you want to take... Good luck.
|
|
|
|
Zeke_23
|
|
October 21, 2019, 03:33:38 PM |
|
DigiByte is okay to invest, it was successfully launched in the market, but you should know the risk. You dont actually need to invest directly to bitcoin, investment should have a lot of options. like going for digibyte. However, Investment should also be at your own, willingness and facing the risk is the answer.
|
| AMEPAY | | | | | | ▄▄█████████▄▄ ▄█████████████████▄ ▄█████████████████████▄ ▄█████████▀▀▄▀▀█████████▄ ▄████████▄▄█▀ ▀█▄▄████████▄ ████████ ▀▀█▄██▀▀▄████████ ████████ █ ▄ █ ▄▀▀▄████████ ████████ █ █ █ ▄▀▀▄████████ ▀█████████▄█ █ ▄██████████▀ ▀████████ ▀▀▀ ████████▀ ▀█████████████████████▀ ▀█████████████████▀ ▀▀█████████▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | │▌ | AME TRADE HERE
▄██████▄ ▀██████▄ █████████ ▀█████ ███████▀ ▀███ ██████▀ ▄█▄ ▀██ ██████▄ ▀█▀ ▄██ ███████▄ ▄███ █████████ ▄█████ ▀██████▀ ▄██████▀ | |
| │ | | AME TRADE HERE
▐███▄ ████▌ ▐██████████▄ █████████████ ████▌ █████ ▐████ ▄████ ██████████▀ ▀█████▀▀ | |
| ▐│ | ▄▄█████████▄▄ ▄█████████████████▄ ▄█████████████████████▄ ▄█████████▀▀▄▀▀█████████▄ ▄████████▄▄█▀ ▀█▄▄████████▄ ████████ ▀▀█▄██▀▀▄████████ ████████ █ ▄ █ ▄▀▀▄████████ ████████ █ █ █ ▄▀▀▄████████ ▀█████████▄█ █ ▄██████████▀ ▀████████ ▀▀▀ ████████▀ ▀█████████████████████▀ ▀█████████████████▀ ▀▀█████████▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ |
|
|
|
aomakun
Sr. Member
Offline
Activity: 1020
Merit: 253
JangaCams.com
|
|
October 21, 2019, 04:46:28 PM |
|
you should invest in your own way in this sense if you get a reference then you do the research To the references given by people. these activities serve to train your abilities and you have a strong reason for the investment to be made. I personally prefer eth, ripple and bnb for long-term investment, and you can see the volume and the movement of the coins some time ago.
|
|
|
|
kaneki007
|
|
October 21, 2019, 05:29:43 PM |
|
Before you invest in crypto you must own research about crypto, and thinking about risk which will come. Find out before investing in a coins/tokens is important before investing your money because every coins/tokens has a different potential and concept
|
|
|
|
tenakha
|
|
October 21, 2019, 08:09:44 PM |
|
im 18 years old and have $100 (Canadian) that I would like to invest. im not looking for a quick buck or anything, doing this just to see how it is investing in cryptocurrency. upon research, I came upon DigiByte and was wondering if this is a good investment for the long run? ive been following for the past 2 days and it has gone up in value and then down again. if this is not a good investment I would love to hear of others. thank you If you have no idea how to use your money, why invest? even taking suggestions from people you do not know who they are. What is the point of doing this without knowledge? I think you are here inspired by a few people who make a profit with crypto. Firstly, get enough information, afterwards you will find out where and how to invest. I do not know how you found Digibyte, but there is always a better choice.
|
|
|
|
Tungsten-1
|
|
October 21, 2019, 08:28:44 PM |
|
You've done a little research but still considering more of other people's opinions than your understanding after that research. Before investing, always know what investment you should consider. An investment without proper knowledge will only lead to failure. You should consider your own opinion when it comes to investing and not the opinion coming from other people/investors.
thank you, thats very helpful. I still have a lot more research and consideration before even thinking of buying anything. but thats helpful, I will consider my own opinions too. I guess im too trusting Do not trust to other people so easily. Not all their words will do good in you especially when it comes to investing. Most of the time, people use words to attract more investors to hype their investment only to benefit themselves and leaving after you having losses. That is part of their marketing strategy. It happens too much in the market that people always attract the newbie to the scam projects or coins in order to get their money, well before investment a person should do his own research or he should seek help from those people who could give him some useful suggestions, or if it is not possible then he should invest in those coin which are well-known to everybody.
|
|
|
|
jesse florian (OP)
Newbie
Offline
Activity: 18
Merit: 0
|
|
October 22, 2019, 11:41:23 AM |
|
I have been looking at dogecoin, along with others. I may invest in multiple but im not sure yet. I still have a lot to learn in this but am very thankful for all the help I have received.
|
|
|
|
barnes13
|
|
October 22, 2019, 12:11:09 PM |
|
Before investing, make sure you study the project first. If you don't know how their products work and how far they can provide solutions for people, then you need to do your own research. Research is very important for investors to find out how much potential the project he believes in in the future. In my opinion, you don't have to always listen to what people say, all you have to do is learn it self-taught.
|
|
|
|
masterrex
|
|
October 22, 2019, 12:55:46 PM |
|
im 18 years old and have $100 (Canadian) that I would like to invest. im not looking for a quick buck or anything, doing this just to see how it is investing in cryptocurrency. upon research, I came upon DigiByte and was wondering if this is a good investment for the long run? ive been following for the past 2 days and it has gone up in value and then down again. if this is not a good investment I would love to hear of others. thank you Well your $100 Canadian dollars was a good choice to start for trial and error and if its your choice to invest in Digibyte will thats your call, As a crypto enthusiast I dont easily give a negative remarks in any coins/tokens base on their trading price today, As we all know many good Platforms out there that has a true use case, product and services offered are still cheap due to the market condition. Let your experience teach you and learn how cryptocurrency investment works Goodluck!
|
|
|
|
fortunecrypto
Legendary
Offline
Activity: 2450
Merit: 1047
thecryptocurrency.directory
|
|
October 22, 2019, 12:57:27 PM |
|
im 18 years old and have $100 (Canadian) that I would like to invest. im not looking for a quick buck or anything, doing this just to see how it is investing in cryptocurrency. upon research, I came upon DigiByte and was wondering if this is a good investment for the long run? ive been following for the past 2 days and it has gone up in value and then down again. if this is not a good investment I would love to hear of others. thank you $100 Canadian is ok for Digibyte it's not a big money to invest on so many coins and since you mention that you just want to feel how to invest in Crypotocurrency, and Digibyte is a good coin to do that, but if you are going to invest more, then check some other good coins to invest like Bitcoin and Ethereum and some other coins that worth adding to your portfolio.
|
|
|
|
ccsang
|
|
October 22, 2019, 02:48:07 PM |
|
For my personal advice is I won't recommend DigiByte as your first investing cryptocurrency. According coinmarketcap more than 3000 cryptocurrency on the market, what's the things to attract you choicing Digibyte? Actually $100 is enough for the start if you not looking for quick buck, but look like you doesn't have enough knowledge of cryptocurrency, please learn more before investing.
|
|
|
|
pakdemaco11
Member
Offline
Activity: 249
Merit: 10
NeedforTurbo https://needforturbo.com/
|
|
October 22, 2019, 02:57:31 PM |
|
Some of the very recommendations I bought for the first xrp. Xrp is a very potential coin because behind them are the world's big banks. Second bitcoincash, many media say that bitcoincash will be able to exceed bitcoin in terms of fast shipping and low cost.
|
|
|
|
NathanJB
|
|
October 22, 2019, 03:04:39 PM |
|
im 18 years old and have $100 (Canadian) that I would like to invest. im not looking for a quick buck or anything, doing this just to see how it is investing in cryptocurrency. upon research, I came upon DigiByte and was wondering if this is a good investment for the long run? ive been following for the past 2 days and it has gone up in value and then down again. if this is not a good investment I would love to hear of others. thank you Of course, I would never consider DigiByte (DGB) bad. It is a nice coin with a nice project also. But if it is your first investment in cryptocurrency, I don't think DigiByte (DGB) is the best choice. Why not start with Bitcoin itself? $100 might not be that significant but it is not bad at all for a starter. Or if you are interested for an altcoin, why not choose the top again? ETH is the greatest choice out there. But don't interpret me as discouraging you against DigiByte (DGB). If you really like it, give it a go. It is not a shitcoin.
|
|
|
|
Meowth05
Sr. Member
Offline
Activity: 854
Merit: 267
★777Coin.com★ Fun BTC Casino!
|
|
October 22, 2019, 03:33:49 PM |
|
im 18 years old and have $100 (Canadian) that I would like to invest. im not looking for a quick buck or anything, doing this just to see how it is investing in cryptocurrency. upon research, I came upon DigiByte and was wondering if this is a good investment for the long run? ive been following for the past 2 days and it has gone up in value and then down again. if this is not a good investment I would love to hear of others. thank you I like the idea of having research first where to invest your money first before making a move, however, perhaps, the best option is to invest in top-ranked coins such as Bitcoin, Ethereum and XRP not in currencies that you don't have knowledge with. Since you don't look for fast income then I'd recommend investing in top-ranked coins for long a term. This is way safer yet profitable because they have the highest liquidity in the market.
|
|
|
|
South Park
|
|
October 22, 2019, 05:03:14 PM |
|
im 18 years old and have $100 (Canadian) that I would like to invest. im not looking for a quick buck or anything, doing this just to see how it is investing in cryptocurrency. upon research, I came upon DigiByte and was wondering if this is a good investment for the long run? ive been following for the past 2 days and it has gone up in value and then down again. if this is not a good investment I would love to hear of others. thank you It is always nice to see new and young people interested in this market, but this is my issue you admitted that you do not know in which coin to invest and how to do it, tell me it is not that a sign that you do not really know what you are doing and that you should wait until you do? Investing is not something you can learn as you go, you either know how to invest or you do not, and if you do not it is better to abstain to do it or you could lose your small capital.
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
Wysi
|
|
October 22, 2019, 05:44:52 PM |
|
Some of the very recommendations I bought for the first xrp. Xrp is a very potential coin because behind them are the world's big banks. Second bitcoincash, many media say that bitcoincash will be able to exceed bitcoin in terms of fast shipping and low cost.
Both are profitable and established coins wherein one is unofficially backed by the bankers and if you really wants to earn profit from Ripple then set a target and auto trading as the value keeps fluctuating with a small margin and you need to utilize those small margins to make your profit. When it comes to BCH I don't want to comment much but just a suggestion that all the coins listed in coinbase worth the investment and BCH one of them.
|
|
|
|
xiboothrezi
|
|
October 22, 2019, 05:58:47 PM |
|
You are quite young, congratulations because you are familiar with cryptocurrency, hopefully, you can earn money and can get a lot of lessons from here. Well, Digibyte is indeed quite potential, especially after a sharp decline there has been no significant increase, this could be one of the opportunities to take part in the bounce. In addition, the product is still growing, so for long-term investment, I think it is quite promising. the important thing is you have to understand the risks, I also recommend analyzing other potential tokens or coins, dividing investment into a good strategy.
|
|
|
|
jesse florian (OP)
Newbie
Offline
Activity: 18
Merit: 0
|
|
October 22, 2019, 10:03:55 PM |
|
im currently watching a couple coins, Function X, Dogecoin, and VeChain. these ones have gone down in value while Enjin Coin, Basic Attention Token, and XRP have gone up, especially BAT. im curious if people purchase coins while they're rising or while they're at their lowest. such as BAT, should I invest while its climbing? or wait. im just trying to see how the market works now and how short term and long term investing is
|
|
|
|
|