Stanlo
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February 15, 2020, 09:28:19 AM |
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Its a good advice because few projects that starts with promising results end up on pretty bad shape, its better not to put your hope a new coin or project, its better to spread your investment among many good altcoins, both new and old just in case the unexpected happens
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sangjoewara
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February 15, 2020, 09:50:26 AM |
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Its a good advice because few projects that starts with promising results end up on pretty bad shape, its better not to put your hope a new coin or project, its better to spread your investment among many good altcoins, both new and old just in case the unexpected happens
If I personally agree to invest in the old altcoin, because they are already really strong, and doing daily trading on the old altcoin is also very good at the moment, because the market conditions for the old altcoin are in good condition.
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wellay
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February 15, 2020, 11:00:54 AM |
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Greetings ladies and gentlemen. What I would say - these days users are searching for more secured way of investing, storing and interacting. And in my opinion, this is also why demand on hardwallets keeps growing
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juegav
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February 15, 2020, 11:01:21 AM |
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Greetings ladies and gentlemen. What I would say - these days users are searching for more secured way of investing, storing and interacting. And in my opinion, this is also why demand on hardwallets keeps growing
Oh yes, I have also noticed that demand grows, but I was searching more on advanced products available nowadays and it was really difficult to find worthwhile solution. I mean there are so many - so it appears to be more difficult to choose
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wellay
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February 15, 2020, 11:02:22 AM |
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Oh yes, I have also noticed that demand grows, but I was searching more on advanced products available nowadays and it was really difficult to find worthwhile solution. I mean there are so many - so it appears to be more difficult to choose
Exactly, that's the point. And this is why it is always better to choose, based on objective ratings and recommendations
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juegav
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February 15, 2020, 11:03:18 AM |
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Exactly, that's the point. And this is why it is always better to choose, based on objective ratings and recommendations
Are you aware of any advanced solutions if you are deeply into the market? Cause I am definitely interested to hear your opinion
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wellay
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February 15, 2020, 11:04:16 AM |
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Are you aware of any advanced solutions if you are deeply into the market? Cause I am definitely interested to hear your opinion
Well, the most advanced and fully working product I am aware of is definitely GetHashWallet. Basically, guys are coming with fully working, advanced and reliable hard wallet that meets all current requirements. There are great results so far in different spheres, for example, they have successful campaign on Indiegogo with great support. They are arrow certified. But of course, I also recommend you to have a look at their website, cause there is much more info available
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juegav
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February 15, 2020, 11:04:35 AM |
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Well, the most advanced and fully working product I am aware of is definitely GetHashWallet. Basically, guys are coming with fully working, advanced and reliable hard wallet that meets all current requirements. There are great results so far in different spheres, for example, they have successful campaign on Indiegogo with great support. They are arrow certified. But of course, I also recommend you to have a look at their website, cause there is much more info available
Hmm, so far sounds very interesting, will have a closer look and get back with own thoughts afterwards
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aemma
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February 15, 2020, 11:41:42 AM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do not fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
This is a good warning which I see as a good advice. No matter what the project is promising it is wise to participate with spare funds so that In case of unfortunate events one can still move on. In time past this crypto space has taught us vital lesson which one can't forget so soon. There have been many projects which looked legit only to defraud users, there are also others which had a good public sale but didn't list on any exchange, while there are others which list and the team abandoned the project. So with all these experiences, your warning is very important and accurate; make your research on any project but always invest what you can afford to lose.
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travwill
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February 15, 2020, 07:21:51 PM |
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This is a fairly common and obvious rule, and everyone knows it. But unfortunately it is violated very often. Therefore, I believe that it will not be superfluous to once again remind novice investors that they should not forget about diversification.
Often people do not understand the most important thing. This is what is important in the project, not what he is going to do in the future, but what he has at the moment. As a rule, people looking at a project look at its promises, and not at an existing result. Which subsequently leads to the fact that the project is not able to solve the tasks and closes. And people who had high expectations regarding this project remain fools.
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wxxyrqa
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February 16, 2020, 10:04:54 AM |
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This is a fairly common and obvious rule, and everyone knows it. But unfortunately it is violated very often. Therefore, I believe that it will not be superfluous to once again remind novice investors that they should not forget about diversification.
Often people do not understand the most important thing. This is what is important in the project, not what he is going to do in the future, but what he has at the moment. As a rule, people looking at a project look at its promises, and not at an existing result. Which subsequently leads to the fact that the project is not able to solve the tasks and closes. And people who had high expectations regarding this project remain fools. Of course, I completely agree with you that each investor first of all pays attention to the professionalism of the team with which he is developing his project at the moment, because any promise of future development should be supported by real actions that are carried out for this period. This of course is an integral part that should be present in a promising project. Nevertheless, I still constantly pay attention to global plans for using the project and how much this product will be in demand in society.
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trauchot
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February 16, 2020, 10:21:37 AM |
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That's right, if you want to invest in any cryptocurrency company and have fully studied this company and all the conditions seem very stable and successful to you, this does not mean that investing in this company will bring you profit, maybe you will lose all your investments, so you always need to ponder your actions several times.
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minairia3
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February 16, 2020, 10:30:53 AM |
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Often people do not understand the most important thing.
Then what is it? OPs suggestion is the reality. Most projects are just created to mix with the legit ones. Trusted projects can never be really be a trusted one if you dig into it. Btc can be an example. This project seems to be a shit one before but recent adoption proves their mistakr and see where it is now? Well, the most advanced and fully working product I am aware of is definitely GetHashWallet.
And another example is like this one. How do you even know if this is legit? I think I heard of it somewhere but the point is. You are not sure enough for a certain project and yet you already gain their trust. Always dig deeper to find out all about it. Then speak.
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Jannyh
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February 16, 2020, 01:10:39 PM |
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Nice one mate. That's the truth no matter how promising a new project is, it is always not advised to invest all your money there, splitting it in several good altcoin would be nice in case where one go wrong, you will be rest assured that your loss would be minimised.
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totoy4741
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February 16, 2020, 02:14:35 PM |
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Often people do not understand the most important thing.
Then what is it? OPs suggestion is the reality. Most projects are just created to mix with the legit ones. Trusted projects can never be really be a trusted one if you dig into it. Btc can be an example. This project seems to be a shit one before but recent adoption proves their mistakr and see where it is now? Well, the most advanced and fully working product I am aware of is definitely GetHashWallet.
And another example is like this one. How do you even know if this is legit? I think I heard of it somewhere but the point is. You are not sure enough for a certain project and yet you already gain their trust. Always dig deeper to find out all about it. Then speak. That is more thing to put in mind. Always make sure the credibility of the Team Members of the project. Even if the project has good and enticing proposal but does not have a credibiltiy and trustworthy team running behind it project won't last long and may eventually end up exiting with all the assets in their hands.
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b1boy
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February 16, 2020, 02:37:53 PM |
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Truly obviously I know this additionally in such a case that we depending just in one altcoins and contribute the entirety of our cash the chance is high that all our speculation will lose if this coins is going to dump. So put our cash in different projects with d main goal that when a portion of our speculation lose or become scam not all our speculation will dump.
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Spider A4
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February 16, 2020, 03:00:28 PM |
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You mentioned important warning for investment before a new handsome or decent projects. I think one one brave to take this big risks at the moment, A lot of scam projects warned and examples for investors. One way investment is huge risky in cryptocurrencies because it's a volatile market.
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Pecunia non olet
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February 16, 2020, 03:05:00 PM |
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We called it diversification. If you want to hold only one coin, probably it won´t be a good tactic because you risk that some coin will be replaced by another one, like it happened many times in the future, so diversify and reduce the potential risk. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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kambaralikhan
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February 16, 2020, 04:40:58 PM |
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Diversify your investment portfolio and pick cryptos sensibly is the only key of earning. No matter how bluechip is the crypto it's highly risky to invest all in single coin. Diversify the portfolio and play safe.
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gaston castano
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February 16, 2020, 06:18:23 PM |
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I also say that term of not keeping all eggs into one basket but in bitcoin, this is the opposite way. If you want to minimize your losses but to maximize profit, putting to bitcoin-only can be your choice. I have invested in other altcoins because it's my choice to diversify.
Bitcoin is a gem and if you have invested only into it, you have the best gem of them all. But as time passes by, you want to explore into altcoins and that's the start of knowing others of it through the researching.
yes, because investing in bitcoin could take a long time, unless the market conditions are good, it will easily increase. investing in altcoin has different variants, because there are so many of them, at first it may be difficult to determine which currencies are worth trading.
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