Just a quick warning

[kindbtc]

You are very right and all your points are actually the basics of investing both online and offline, even in offline businesses failure is a possibility so that probability goes even higher when you are talking about an online startup, project, company or simply an investment, it can go wrong so diversification is the best policy.

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[Sanugarid]

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.

Investing is not that easy because you are risking your own money digitally since crypto is a digital currency. This is a good warning for everyone who is risking their money in some projects since not all projects are good because there are projects that are intending to scam people. In terms of portfolio, you should have a solid one so it is easy for you to make things clear and going out with your plan.

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.

The market is volatile in terms of the price of every cryptocurrency. So if you are holding a lot of tokens you should have plans to do so that you cannot lose your money. Diversification is one of a reason if you really want to hold one coin and give your full time on that and wait for the right time that the market will recover and to sell it on a right and perfect time. And as an investor, you should have patience because income in this kind of investment is not getting with just a blink of an eye.

[wellay]

Hello everyone. I would say that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. In my opinion, mine is pretty rational and can help to find the most advanced solutions

[juegav]

Hello everyone. I would say that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. In my opinion, mine is pretty rational and can help to find the most advanced solutions

Hmm, I agree that there are many aspects that matter. And I am not only talking about the idea as the idea, but much more about complex approach. So curious to hear your views

[wellay]

Hmm, I agree that there are many aspects that matter. And I am not only talking about the idea as the idea, but much more about complex approach. So curious to hear your views

Basically, mine is the pretty complex - I am starting with the niche. For example, talking about me, I am fond of different progressive IT solutions. After the niche is chosen, I have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, opportunities and more

[juegav]

Basically, mine is the pretty complex - I am starting with the niche. For example, talking about me, I am fond of different progressive IT solutions. After the niche is chosen, I have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, opportunities and more

Interesting and rational, cause usually people just follow what everyone follows. But I love your strategy more, it is deeper and more objective. As you are into tech and IT in particular, can you give me an example of the solution that meets your requirements nowadays?

[wellay]

Interesting and rational, cause usually people just follow what everyone follows. But I love your strategy more, it is deeper and more objective. As you are into tech and IT in particular, can you give me an example of the solution that meets your requirements nowadays?

One of few really advanced solutions I can recommend is ThreeFold Network, pretty widely discussed one these days. In few words, Threefold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. Mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price

[juegav]

One of few really advanced solutions I can recommend is ThreeFold Network, pretty widely discussed one these days. In few words, Threefold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. Mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price

Sounds familiar, I might have heard of it already, but will definitely have a closer look

[wellay]

Sounds familiar, I might have heard of it already, but will definitely have a closer look

What also makes sense - they are unique with the features they are bringing. And I couldn't find competitors with similar functionality. But of course, I recommend you to Google guys and have a look at the website to get a bit deeper

[juegav]

What also makes sense - they are unique with the features they are bringing. And I couldn't find competitors with similar functionality. But of course, I recommend you to Google guys and have a look at the website to get a bit deeper

Good idea, will do shortly and get back with my thoughts. Thanks

[Chuky92]

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  

Be smart; that's the key words and if someone allows his emotions to come first rather then taking the neccessary caution, the end result might not be favourable. Investing what one can afford to lose is really the best way to invest, in this case even if it didn't go according to plan you can still move on easily unlike when you decide to go all in, in a bid to hit it once. Lastly, most new projects aren't worth it, therefore let's ensure to try our best to check thoroughly before letting go of your precious hard earned money.

[rdewilde]

Nothing more can be added because this is true and can never be battled with. Most projects always present a good and attractive look, write good whitepapers and lightpapers, have good admins and to round it up have a good website but when it comes to delivering they have nothing to deliver therefore I agree with you, invest what you can afford to lose while hoping for the best. On the other hand, there are still some projects which starts off with their own funds, reached a particular height then starts seeking for public offer; although this type most of the times offers good prospects nevertheless let's invest what we can afford to lose. To finish up, loving a single coin is a No No as it blinds one from seeing what others have to offer; having one or two good altcoins is good in addition to BTC.

[best2015]

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  

Be smart; that's the key words and if someone allows his emotions to come first rather then taking the neccessary caution, the end result might not be favourable. Investing what one can afford to lose is really the best way to invest, in this case even if it didn't go according to plan you can still move on easily unlike when you decide to go all in, in a bid to hit it once. Lastly, most new projects aren't worth it, therefore let's ensure to try our best to check thoroughly before letting go of your precious hard earned money.

Be smart - that's just great. We shouldn't rely on our feelings or sixth sense in terms of investing. It is risks, chances, math, graphs and a bit of luck. No emotions will help you to make a good investment

[Ashong Salonga]

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  

I agree. Even such a project is really that promising and seems to be offering a lot to make you convinced to get into engagement or get into investing with them, always keep in mind to take precautionary measures that you will just take a small risk on just putting an investment into an amount you can afford to loose and never put everything into something because there are still lots of projects that ofer lots opportunities you can explore specially with the vast world of cryptocurrencies we are all currently into. Just take a small part or amount of your money into investment just to see how it will be going and do not settle for only a single project because many projects exist that can give you lots of opportunities to earn.

[joinfree]

Thanks for this word of caution @OP. Sometimes we get so intrigued by a project we tend to forget that some of them can exit as scam project. I remember I invested hugely into a project called MiracleTele and it had a great use case but along the line ,this project started showing some signs of exit scam but i was so absorbed into the project i failed to see the reality. Now, this project is dead and i have lost huge sums of money. Let's always try and do a good research about any project we invest in and always be cautious too.

[tiang_tower]

Be smart - that's just great. We shouldn't rely on our feelings or sixth sense in terms of investing. It is risks, chances, math, graphs and a bit of luck. No emotions will help you to make a good investment

Yes, absolutely right, because whatever the work must always be accompanied by knowledge and a calm soul, because in investing it is strongly recommended to control our emotions so that they are not greedy and misguided, because the risk of investing is enormous.

[Furryball]

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  

It's smarter to do the same thing with bounty projects as well, not all projects will be successful and some will still manage to scam people no matter how good we are in doing research, so it's better to treat all new projects as untrustworthy, invest what you can afford to lose always

[dentolas]

Good advice... it is a general trend that people fall in love for a single coin that has all the promises, they invest everything they can and then they are scammed, or the coin goes nowhere... I have been close to this scenario at my beggining and I'm sure a lot of people where too.
People also rush, but before investing, no matter the hype that is going on, due diligence must be made...

[istiak2277]

I also always say that don't put that money that you can not afford to lose. Sometimes people saw fake news or fake traffic in a certain project social media or group and they fall into love with that coin. Crypto is a very risky market you can lose all. So spread your money into many projects then at least you won't lose all your money into a single project.

[Gladiator25]

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  

You're right, there are many coins and projects that was being launched. Don't just stick to one coins just because it has a good head start. You should explore for more coins. With many coins, you have many options. Once, you start investing or trading in crypto you should be smart and decision wise because it is very risky and you can lose all your money if you make bad decision.