Spider A4
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February 10, 2020, 05:01:09 PM |
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Simply stated yes it is "worth it". Crypto is an asset class that is only growing not shrinking. The question is how much do you want to invest into it. Diversifying into multie asset classes (stocks, metals, real estate, etc) is healthy and protects your downside of having everything in one bucket. Crypto is no different.
Right on spot. Unfortunately, many people think that diversifying means invest in different cryptocurrencies which is not right at all. Simply because if bitcoin somehow falls/disappears/breaks - whole alt market will fall too. Invest in different fields and you won't lose everything in a moment Diversify is not bad because different altcoins investment capable to balance ur assets in downtrend. A little chances to lose entire of the investment, if somehow hardly dump Btc. Likes i have a lot of currency investment when btc go below 4k$ than whole altcoins market price affected big. I recovered lost amount from just 1 crypto after hold long term.
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NavI_027
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February 11, 2020, 12:16:35 AM |
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Good for you that you and your team is presumably well knowledged about the technical aspects of crypto (I say so because you said you created an algorithm ). And congratulations for getting 35% profit. Hmm, but how about small hodlers like us? What can we do to maximize our chances of income? I guess the least we can do is to pick a legit coin (stick with btc of you are a hesitant on other alts) with good future so that our problem would be solely about management of our coins. Don't lose hope, we can make it through. Continue growing in and soon we will become successful in our own little ways .
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sedov1966
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February 11, 2020, 08:21:12 AM |
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Well, the risk is existed in most of domains including this one but it is pretty necessary in order to reach your goals in shortcut way, but make sure that taking the risk without a strategy, it may make you lose all your money and in a short period. In addition to that, investment in crypto is so appropriate in this time, but try to pick the potential coins for most of your budget ( 65% ) like, Bitcoin, Bitcoin SV, Ethereum, Tether, Litcoin and Bitcoin cash, and you can take the risk with the other percentage (35% ), to be honest, I don't give a big attention for the other altcoins so and I can't give an advice .
Altcoins are not worth short trade at the moment so you shouldn't bother yourself trying to. But instead you can make a research about them and make one long investment which can be multiplied in several years.
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FanEagle
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Leading Crypto Sports Betting & Casino Platform
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February 11, 2020, 06:42:02 PM |
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It would be really weird for people here to say they do not plan on investing in crypto, sure there are people who said no but in general if people are here that kind of already means they are "interested" in crypto investments. I doubt even the ones who said "no" would disagree that if they can get bitcoin from lower and sell higher they would say no to such a deal, they are saying no because they are not interested on a situation where they have no clue if they will make money or not, and they do not want to risk their investments.
However, if you asked this in a financial district to people who work with money all day everyday as their business, you could actually get to see how bitcoin or crypto in general fares with the economics world of our nations and you could keep asking once every year to see the changes.
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FGT
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February 11, 2020, 06:56:09 PM |
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Crypto Investment it is not only buying crypto currencies.
As you know crypto developers are the most highly paid after AI devs. So investment may consider developing a software for crypto industry, so risks are not the same.
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imstillthebest
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February 11, 2020, 07:09:46 PM |
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Crypto Investment it is not only buying crypto currencies.
true . not only buying but also patience is needed too . the term invest means you need to hodl for a long time but if you cant stand to hodl for a long time , you cant call your self a real investor . As you know crypto developers are the most highly paid after AI devs. So investment may consider developing a software for crypto industry, so risks are not the same.
i dont get the connection of what you have said , sorry bro . creating a crypto is easy but the developer jobs on crypto have a good salary . investing isnt a kind of software developing or you mean that investing in the form of creating a coin ? still it isnt a software tho . there are risk of creating a crypto and investing a crypto .
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FGT
Copper Member
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February 11, 2020, 07:35:33 PM |
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Crypto Investment it is not only buying crypto currencies.
true . not only buying but also patience is needed too . the term invest means you need to hodl for a long time but if you cant stand to hodl for a long time , you cant call your self a real investor . As you know crypto developers are the most highly paid after AI devs. So investment may consider developing a software for crypto industry, so risks are not the same.
i dont get the connection of what you have said , sorry bro . creating a crypto is easy but the developer jobs on crypto have a good salary . investing isnt a kind of software developing or you mean that investing in the form of creating a coin ? still it isnt a software tho . there are risk of creating a crypto and investing a crypto . I am talking about investing in developing of software related to crypto, not just creating new coins. A lot of services are in crypto world.
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kawetsriyanto
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February 11, 2020, 10:45:59 PM |
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~~I asked myself this question 10 months ago if it was worth it to invest in it.~~
You were at the right time to ask the question. And you answered it perfectly at the time. This allows you to buy at lower prices of all crypto since in 2019, the prices were cheaper than this year. If you are still holding some of the coins you bought at that time, you must gain much profit today. You are lucky, man!! ~~First, before I made the decision to go through with the plan. I took my time to understand all the necessary details or terminologies involved.~~
Yes, never invest in crypto without a plan, analysis, strategy, and know everything about it. You did it correctly by making a plan and tried to learn everything before deciding to invest in crypto. Not all people like you, many newbies just invest blindly and finally get nothing.
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bitsmola
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February 12, 2020, 09:00:44 AM |
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~~I asked myself this question 10 months ago if it was worth it to invest in it.~~
You were at the right time to ask the question. And you answered it perfectly at the time. This allows you to buy at lower prices of all crypto since in 2019, the prices were cheaper than this year. If you are still holding some of the coins you bought at that time, you must gain much profit today. You are lucky, man!! ~~First, before I made the decision to go through with the plan. I took my time to understand all the necessary details or terminologies involved.~~
Yes, never invest in crypto without a plan, analysis, strategy, and know everything about it. You did it correctly by making a plan and tried to learn everything before deciding to invest in crypto. Not all people like you, many newbies just invest blindly and finally get nothing. O yes)) one year ago I too buy a lot of crypto and... Nothing every money....
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AniviaBtc
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First 100% Liquid Stablecoin Backed by Gold
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February 12, 2020, 02:51:55 PM |
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Well, the risk is existed in most of domains including this one but it is pretty necessary in order to reach your goals in shortcut way, but make sure that taking the risk without a strategy, it may make you lose all your money and in a short period. In addition to that, investment in crypto is so appropriate in this time, but try to pick the potential coins for most of your budget ( 65% ) like, Bitcoin, Bitcoin SV, Ethereum, Tether, Litcoin and Bitcoin cash, and you can take the risk with the other percentage (35% ), to be honest, I don't give a big attention for the other altcoins so and I can't give an advice .
Altcoins are not worth short trade at the moment so you shouldn't bother yourself trying to. But instead you can make a research about them and make one long investment which can be multiplied in several years. First, bitcoin is still the best cryptocurrency no matter what state it is now, either high or low. Both bitcoin and altcoin are risky but bitcoin is worth it when it goes up again. Seek advice or help to those crypto investors so that you will have ideas what to practice and become effective in investment for crypto. You should not get ideas while doing investment, you should do it before investing money. Altcoins are just an alternative, although sometimes it may give you profit but not that certain that you will get a huge amount and it can also bring losses to you. So it is much safe to invest in bitcoin.
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redsun114
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February 12, 2020, 06:41:05 PM |
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I have been investing in Bitcoin and I never been a part in short term trading, I’m always investing in a long term and that has been working out for me. I would say that it’s just luck that I have been able to make good profits after holding my coins, sometimes it can be frustrating, but when the price goes up your mood changes to a happy mood lol. It’s just not easy.
I have decided to start investing little by little. I wait for sometime and then I add up some amount to my wallet and keep storing them, I do it as savings but I don’t forget to keep it at a level where it’s less risky for me. Keeping your investment at level where the risk is less for you is very important.
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