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Author Topic: How to Invest  (Read 982 times)
fib1012 (OP)
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February 17, 2020, 03:52:59 PM
Last edit: February 18, 2020, 07:43:25 AM by fib1012
Merited by serjent05 (1)
 #1

Since beginning of Cryptocurrency We and other our senior fellows experienced all type of Market behaviors. Where people learnt a lot, some learn by lost their asset and a few was survived by done wise decisions and make reasonable profit.

But during this journey it was a tough to handle during dead market, where you are not in a position weather you hold coins or shows bravery by selling them. But this is confirm patience always pay back. Here is i suggest a few tips to avoid any regret latter.

Here is various types of investments like a few peoples are looking for Long term investment, and other are interested for shorter term. But in all scenario basic concept are remain same. I am mentioning A few basic points in following list:

Project Product
This is the key point of any business, If any project have a great idea this will cover many flaws but if your business product will be ordinary than it will be very tough to make a successful business. So when you hunt a project for investment you should concern about it.

Project Team
After product importance for a business the second important point is team of the platform, which can do anything with their hard working and capability the have. As per the suggestion i recommend you to be informed about TEAM before you select any coin for invest.

Previous History
Specially in trading market we are knew about how important is trading history chart, Which is our basic tool for estimating where is coin and wha was its milestone . Finally after considering above stated both points you could not skip trading chart studing before selection of coin which you desired to add your portfolio .


I think if you will consider my suggestion which i break in three points and then you decide your next move, I can assure you this will not lead you to a dead end, But if you will be patient and trust your decision you will not Regret ever.  

Finally i am requesting to my seniors or any single one point out or add point for make its more fool proof plan for any investor in the WORLD.
 
Marckolind
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February 17, 2020, 06:48:34 PM
 #2

1) Look for market trends, what's going to be the next big thing? What is people complaining about, what do the market need?
2) Do your own research, based on your research
3) Do more research
4) Be patient, watch the charts, don't buy in too quick, buy in as low as possible.

Personally I believe Decentralization, especially DEX's will be the future. EVERYONE is complaining about centralized exchanges, KYC, account bans, withdrawl limits, etc. etc.
DEX's is released all over, but only a few of them will survive in the end.

Blocknet made the first trustless DEX (early 2018), and works on their own decentralized oracle network as well. Definitely a good project to keep an eye on...

BUT, as always, do your own research  Wink
serjent05
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February 17, 2020, 07:00:24 PM
 #3

These are good pointers and pretty much covers the whole thing about what to do before the investment.  Though I would prioritize the team capability than the proposed project.  Also, if there is a way to verify the said achievement, skills, background of the developers, it should be the very first thing to do.  Anyone can claim that they are a master of this, supervised or done millions of projects, so to make sure that they are telling the truth, it should be verified through Background investigation that includes inquiring on the list of the institution they had stated.
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February 17, 2020, 07:10:29 PM
 #4

For me most important thing is the practicality of the project or product where we have to check that how the product will attract users and thus the revenue for it to become successful so ask yourself will this project attract massive number of users, if the answer is yes then it is good to invest, here we have to consider the fact that for different projects this analysis can change a bit in a sense that we have to judge the usability or practicality or revenue generation of the project related to the nature of the project.

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February 17, 2020, 07:25:51 PM
 #5

There is nothing wrong with what you have written down but the truth is that most of those things don't work again because every developer has learn how to put all that in place.

ansi
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February 17, 2020, 07:58:01 PM
 #6

As good as your cautions steps seems to be, they are unfortunately not enough, since you missed the mot important golden rule of investment " invest only what you can afford to loose " no matter how the project & the team is.
We've seen loads of great projects during the past years & if the team don't SCAM you, the project died simple because of the lack of mass adoption, this is the sad truth about crypto, everything is risky no matter how good it is.
Bottom line, your money management should be your best strategy in this cryptosphere.
serjent05
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February 17, 2020, 08:09:02 PM
 #7

As good as your cautions steps seems to be, they are unfortunately not enough, since you missed the mot important golden rule of investment " invest only what you can afford to loose " no matter how the project & the team is.
We've seen loads of great projects during the past years & if the team don't SCAM you, the project died simple because of the lack of mass adoption, this is the sad truth about crypto, everything is risky no matter how good it is.
Bottom line, your money management should be your best strategy in this cryptosphere.

Indeed, but taking the consideration that a person is looking for an investment, it means that he already has the fund for the said investment.  Money management falls in another category and should be learned before taking any investment.

Pretty much you are just obviously stating not to invest in cryptocurrency.
Quote
We've seen loads of great projects during the past years & if the team don't SCAM you, the project died simple because of the lack of mass adoption, this is the sad truth about crypto, everything is risky no matter how good it is.
fib1012 (OP)
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February 18, 2020, 07:50:16 AM
Last edit: February 18, 2020, 08:06:19 AM by fib1012
 #8

Though I would prioritize the team capability than the proposed project.  Also, if there is a way to verify the said achievement, skills, background of the developers, it should be the very first thing to do.  

Thanks for sharing your thoughts, This is very much true and i realize that your point is much valid after i think agin. Team is more important that product, Because a good team can manage falws in product but good product can not successful without good team.
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February 18, 2020, 08:15:54 AM
 #9

There is no perfect ways to invest in crypto since its unreadable, just make sure you invest what you can afford to lose and buy when price goes down, if you are in for long term go for altcoins, if not bitcoin is better

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memed97
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February 18, 2020, 08:31:15 AM
 #10

There is no perfect ways to invest in crypto since its unreadable, just make sure you invest what you can afford to lose and buy when price goes down, if you are in for long term go for altcoins, if not bitcoin is better
Yes, that statement is very true, because many investors feel sorry when they lose assets while investing, so it is better to make sure that we are able to bear the risk when losing assets when investing in crypto, because investing in crypto is very risky.
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February 18, 2020, 10:26:44 AM
 #11

In my opinion point 1 and 2 can be used when wanting to invest in new coins or for long-term investments, while point number 3 is for analysis in trading, but You have good points.

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February 18, 2020, 12:52:04 PM
 #12

All your points are  all great but does not guaranty profit to your investment, still investing in ICO or IEO has a risk attach to it, so it's better to invest what you can afford to lose, so whatever it turn out not in your favor you will not be sorry if you lose  and, of course you will gain experience and insight.

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February 18, 2020, 01:35:39 PM
 #13

All your points are  all great but does not guaranty profit to your investment, still investing in ICO or IEO has a risk attach to it, so it's better to invest what you can afford to lose, so whatever it turn out not in your favor you will not be sorry if you lose  and, of course you will gain experience and insight.
Investing in ICO is definitely a high-risk, you can't literally assure that your investment will be worth it and that's why doing your own exploration will help you distinguish if it is going to be legit and profitable. We can't take away the risk but if you have enough knowledge and you acquire from your own experiences then you can easily handle it and surpass the possible problems you may encounter. Novices must take not of this so they will not end up regretting because of losing all of their funds by taking risk without thinking the possible result because if you don't then you will probably regret your own decisions.

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fib123
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February 18, 2020, 01:39:07 PM
 #14

In my opinion point 1 and 2 can be used when wanting to invest in new coins or for long-term investments, while point number 3 is for analysis in trading, but You have good points.


Almost you guide well, But in my opinion these 3 point can be implemented when you are looking for any coin specially like now we can see many coins are at very extreme low prices but here only those coins will survive or give return which have good team or valuable products
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February 18, 2020, 02:10:14 PM
 #15

after knowing the composition of the team and also the whitepaper, in the end we also have to know where the team will launch the tokens. This is very important because it will greatly affect the liquidity of the token later. for example if it is launched to an exchanger who has a good market cap and trading volume, maybe the token will have a good chance. and there, it might be good for investment.
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February 18, 2020, 02:28:48 PM
 #16

a little additional advice from me to complete problem solving for investors. that is, by looking at the project team's travel map, don't let you feel what my friend feels. deceived by the scam program and the money was taken away by the project development team. and try to see the cooperation undertaken by the project's development team, if what is embraced is a large crypto such as BTC or ETH it might be a little helpful to the price of the project due to the name of the large crypto name.

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February 18, 2020, 04:47:10 PM
 #17

Quite simple guide for beginners. Looking at the project product seems a good indicator of a potential booming project, but consider the fact that some project might just be doing it for flowery words. I mean we're in the internet, especially that we're in crypto which is beyond's government's supervision which we don't need it anyway but what I am pointing here is that everyone could claim anything to themselves, just like how Wright claims that he is the real Satoshi.  Wink
Jannyh
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February 18, 2020, 06:56:22 PM
 #18

Good points you got there,  before investing, it is important  one checks what the project aims to solve or what difference it hopes to bring, also the Project team is another factor to check out for, with a good project team,the project will be successful, well, in investment , no matter how promising the project seem, only invest what you would be willing to let go.

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February 18, 2020, 07:25:06 PM
 #19

There is no perfect ways to invest in crypto since its unreadable, just make sure you invest what you can afford to lose and buy when price goes down, if you are in for long term go for altcoins, if not bitcoin is better
Yes, that statement is very true, because many investors feel sorry when they lose assets while investing, so it is better to make sure that we are able to bear the risk when losing assets when investing in crypto, because investing in crypto is very risky.
really does not guarantee investment in the cryto world all can make a lot of money and profits sometimes we can also lose because the team does not intend to develop the project sometimes there are also projects that die a few months after they enter the market
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February 18, 2020, 07:56:38 PM
 #20

You really made good points on your created topic and it will serve as one of our guidelines before we invest to Cryptocurrency. The pointers are quite brief but really points out specific concerns. As for me, I will choose number 2 then 1 then 3. I should know the team first who created the product since I am looking for some legit projects and when I considered the team a very reliable one then I will proceed on my research about the product. The third option will be for future plans and it is also nice to have but not that urgent to know since it involves trading.
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