Asking Investment advice?

[FaithInCrypto]

You are right about it but if the newbies will come to me and will ask me what is the best currency to invest their money then my answer will be very simple. I will just refer then to the safest investment currency that are on top 5 in coinmarketcap so they can just skip the research especially that they are still a newbie.

This is what I often recommend. Always check what's on the top of the list as there is a reason why they are in there. Their value may go down but there is still a high chance that they are just experiencing correction and will eventually go up again. I even apply this on myself as I don't have time to study everything that trends in crypto so I often invest what I think is on the top list of Binance. I guess this is for someone who chooses to HODL like me but if a certain person are so greedy and are always in a rush to earn more I guess, he/she should study how crypto works and start learning how to trade, I think that stuff is risky but profitable.

[vin1103]

No doubt your own research is more valuable than others, here is a lot of new project coming in large quantity but very least of them are based on real business.

pay attention to the following points : idea, popularity, reviews in the media, command. Learn the search for them and know what they are capable of, The utility of their token and the idea should help you decide whether they are good projects to invest with.

[carriebee]

No doubt your own research is more valuable than others, here is a lot of new project coming in large quantity but very least of them are based on real business.

pay attention to the following points : idea, popularity, reviews in the media, command. Learn the search for them and know what they are capable of, The utility of their token and the idea should help you decide whether they are good projects to invest with.

This is important to do diligence before investing as many fraud project these days. The above points you mention is very helpful for those who will invest. Like checking the feedback and it's goal to improve the project.

[masterrex]

I think most of us are not yet fully understand on how a cryptocurrency investment works, thats why most of us ended up losing our hard-earned money, cryptocurrency investment is not just like any other investment, it is a high-risk investment because of its nature, very high market volatility and weird fluctuation most of the cryptocurrency has no inherent value at all, so thats the risk we should know before we invest, in the time that we bought a particular cryptocurrency we are just simply speculating and it has no guarantee that we can get any returns with our investment. so before start investing in cryptocurrency just make a simple consideration Invest only that you can afford to lose.

[bonyaserg]

Personally, I think the most correct advice for investments is the complete cryptocurrency information at the moment. If the user owns the information and correctly reads the forecast of cryptocurrencies, then you can confidently invest in the most promising Ethereum coin. Since I believe that Ethereum is the most stable and promising coin that will be profitable in the near future.

[Baby Dragon]

No doubt your own research is more valuable than others, here is a lot of new project coming in large quantity but very least of them are based on real business.

That's right, for those who already have a lot of experience in crypto certainly will not rely on research from others, because our own research is very valuable and as long as many projects become scams, research on new projects that emerge is the first point to be done by anyone at the moment.

DYOR is a must, particularly when you are starting your investing journey. In that way, you can find various of information that can help you decide which project is profitable. Researching may require some time and effort, but it will guide you and enlighten you of the things that you have to consider as you build the foundation of your decision for your investment. Some advice can be useful, but exploring things on your own can give you a better understanding.

[flagpara]

A common frequently asked question seen in crypto is:

How to invest my money?
Which is best coin to buy now?
Which project will give us a good return in certain time frame?

According to my thoughts The best advisor for you is yourself. Here is nobody want to do some researcher for himself and always listening others, no doubt many experience persons are here around you and may be some one advice you with a good tip, but this is not a permanent solution to make you good trader or investor.

I think You should first learn about how this market works, Which type of project successfully stable in every type of market sentiments.

How to Find best Projects:
Always make a list of coins and then the things matters are Team capabilities , Project Social updats, How much engaged with community, Are they executing according Roadmap, Available Exchanges, Use case for future, Partnerships.

Investment plan:
Suppose you shortlist 3-5 project then next step is investment methodology. Always start with 25% of your available amount and steadily increase this percentage but never invest in one coin or one go. You should have already a plane in your mind for take profit. Never be greedy, sell your coins what you was planned. Always consider Stop Loss mechanism and never long your loss if your coin not responding according your expectations.

Here is a few basic points for beginners or have less experienced. Hope if you adopt these tips you will survive from big losses.

You did great as your experience but after everything some projects already died for liquidity pool. Those projects had great team, exchange and partnership. Invest in one coin then swap to another coin. Suppose top 20 coins you could select than invest in lowest dump coin after pump do it again.

[davinchi]

No doubt your own research is more valuable than others, here is a lot of new project coming in large quantity but very least of them are based on real business.

pay attention to the following points : idea, popularity, reviews in the media, command. Learn the search for them and know what they are capable of, The utility of their token and the idea should help you decide whether they are good projects to invest with.

This is important to do diligence before investing as many fraud project these days. The above points you mention is very helpful for those who will invest. Like checking the feedback and it's goal to improve the project.

There have been a number of scam projects running around but there also are a number of scam busters around who keep on busting such kind of scam projects so this might be a useful case for newbies before investing.

We could simply check for the reviews about the project we want to invest into by checking it onto google and it might also redirect us on bitcointalk where some threads might already be present in scam accusation about the same project. This forum is really useful in identifying real and scam projects so I wish newbies can take benefits from it and only invest into genuine projects which would make them close to the crypto space without losing any of their capital.

[shaheer001]

Absolutely right, These are the basic good tips for all newbies and every time you go forward you will learn but consider one thing always do homework and make a plan then go forward and take risks because with taking the risk you will never succeed.

[DabsPoorVersion]

It is true,

It is best to follow your own decision and do not take any investment advice from anyone to avoid regretting it in the future. Doing your own research is a must to understand the investment that you are doing instead of asking questions frequently to other people.

[rodskee]

maybe you mean is day trading ?because if you are considering Semi long term or even Long time holding then you don't have to use stop loss strategy.
but yeah our own research will make us safer
than relying from other advises and also putting smaller amount first
can be the saving point.
but i think better ready for the dump?if the value falls down but you have trust in that currency then better keep the holding and Focus to another currency to use for daytrade again?but of course this is my only idea and style not encouraging others to do the same unless you are ready.

[minairia3]

Investment plan:
Suppose you shortlist 3-5 project then next step is investment methodology. Always start with 25% of your available amount and steadily increase this percentage but never invest in one coin or one go.

Why you come up with a 25% budget? I like the scheme but 3 to 5 projects are already many when your budget isnt that enough in my opinion. Normally this aspect is for leveraging.

Personally, I think the most correct advice for investments is the complete cryptocurrency information at the moment. If the user owns the information and correctly reads the forecast of cryptocurrencies

We have coinmarketcap as a reference but I advise not to depend on this for complete information as some of them are just manipulated info especially the volume. I think investing has a lot of factor to considered with such as technical, token metrics and most especially its objective use cases in relation to real world application. If its bull shit concept then dont waste your time.

[barbara44]

There are a lot of newbies asking about Investment advice but it is good to see a newbie giving investment advice to others. You have almost included some of the important points which might make it possible for you to start your investment into new projects but this would not literate the newbies and they would continue making mistakes by investing into wrong project with more than 50% of their capital. Greed is a major cause here.

Some of the shit projects show heavy returns which usually attracts a number if newbies to the platform and they blindly invest into such projects with maximum amount they can only to have major profits in the future but end up crying in loss. You should mention about "greed" in OP as it might help a lot of people understand what is actually needed to start the investment.

[fib123]

I think if you have basic knowledge of crypto and blockchain then it is easy to spot real and legit projects but what i have observed is that people get attracted to new projects and coins due to profit potential but always keep in mind the risk associated with these high risk high reward investments.

People do get attracted to new coins because they hope these coins can turn to another Bitcoin someday, investors want huge ROI to begin with, they find old coins to be costly and new coins are always cheaper, the fact is those new coins always come with greater high risks

Yes, you said true mate. All new coins got hyped and whales shows a huge profit for taped new user to get involved and they can dump on someone and take healthy profit, But some are trade smartly and take their profit within limited time frame.

[pixie85]

Don't ask for investment advice on the forum, do your own research.

Most people who are here have their own agenda in promoting certain coins or businesses. Some are paid to do it, others have invested their own money. Some can even be holding bags they want to sell to newunexperienced people. You could also be asking for advice other new people who don't know what is good but want to recommend something because they're in a campaign and it pays for anything they write.

[kbhutto]

It's good enough you can ask questions here about the direction of your investment goals. some of the threads I visited also discussed investment advice. I am not suggesting that you buy blind coin coins in every market. because investment needs analysis first before you make a choice. I just want you to be careful in investing and finding information on every social media. ETH, XRP, BCH, BNB, BTC are the right choice.

[Wysi]

I would request you to go through last 12 months of market trend and then chose wisely based on your research as noone over here will be able to help you with investment advice as some might randomly blaber something while other paid stooges will try to make sale out of you by promoting their projects.

Only your own research can help you because users here cannot even decide whether to hodl Bitcoin during dump or panic sell so they cannot help you with investment advice.

[vvu351]

Many articles have been written on this topic, many topics have been created on the forum, many thoughts have been expressed. Your advice is not new and enough to read about basic financial recommendations to understand this. The most important thing is not those projects in which you invest, but whether you are ready to part with the money that you invest. Most people are not ready, and fall into doubtful situations created by their own greed.

You always need to keep a large reserve of funds so that you can easily confront financial challenges. and these challenges, crises have brought us a lot lately. I will refrain from investing in Bitcoin for now.

[cytpoway121]

A common frequently asked question seen in crypto is:

How to invest my money?
Which is best coin to buy now?
Which project will give us a good return in certain time frame?

According to my thoughts The best advisor for you is yourself. Here is nobody want to do some researcher for himself and always listening others, no doubt many experience persons are here around you and may be some one advice you with a good tip, but this is not a permanent solution to make you good trader or investor.

I think You should first learn about how this market works, Which type of project successfully stable in every type of market sentiments.

How to Find best Projects:
Always make a list of coins and then the things matters are Team capabilities , Project Social updats, How much engaged with community, Are they executing according Roadmap, Available Exchanges, Use case for future, Partnerships.

Investment plan:
Suppose you shortlist 3-5 project then next step is investment methodology. Always start with 25% of your available amount and steadily increase this percentage but never invest in one coin or one go. You should have already a plane in your mind for take profit. Never be greedy, sell your coins what you was planned. Always consider Stop Loss mechanism and never long your loss if your coin not responding according your expectations.

Here is a few basic points for beginners or have less experienced. Hope if you adopt these tips you will survive from big losses.

Neutrally, i do not think it is good for you to ask the general public how you should invest.
Investment in crypto currency requires personal understanding of the crypto volatile market first.

You need to get ahead in knowledge about trading, practice for a while before you are able to make investment plans for yourself.

My personal advice for you is not to pay for any signals, develop your trading skills and see how good you can be as a crypto trader.
Nothing beats what you can do for yourself.

DYOR ALWAYS.

[kbhutto]

Many articles have been written on this topic, many topics have been created on the forum, many thoughts have been expressed. Your advice is not new and enough to read about basic financial recommendations to understand this. The most important thing is not those projects in which you invest, but whether you are ready to part with the money that you invest. Most people are not ready, and fall into doubtful situations created by their own greed.

You always need to keep a large reserve of funds so that you can easily confront financial challenges. and these challenges, crises have brought us a lot lately. I will refrain from investing in Bitcoin for now.

it's clear thinking, Don't spend your money in one buy. Use slowly and save money to buy when the lowest price. I use this method in trading crypto so that the main investment losses can be covered by the second stage of investment means that when prices below me there is still money to buy back.