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Novatech8
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July 09, 2020, 08:53:38 AM
Merited by CryptopreneurBrainboss (1)
 #1

It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.

Just my kinda advice for newcomers, good luck and happy hunting

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July 09, 2020, 12:22:39 PM
 #2

I've seen few coins that pump massively this year and they were so low in value before, no matter what decisions you make there will be some risks involved, some times holding coins for too long can make you lose big opportunities, for example coins that pump massively while you locked them away in your wallet because you plan to come back few years later... What ever coins you holding always look out for them, for news and price, opportunity can rise at any time

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July 09, 2020, 01:06:20 PM
 #3

It does not only take time. Time may or may not be on your favor.

If it is only about time, then you can hodl coins for the longest time possible and make money. But while Ethereum (ETH) and Ripple (XRP) ended up profitable, Boobscoin and Trump Coin died.

What I'm saying is that more than blind hodling, you really need to make a careful and thorough research.


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July 09, 2020, 01:27:00 PM
 #4

It's very important to do thorough research before even thinking about investing in any coin, be it new or old, notwithstanding the hype around it or marketcap. I remember losing funds when ENG had sec issues. It happened when I bought the dip without reviewing the root cause of the dump. For new coins especially, if you won't do proper research, do not invest. If at the end you decide to invest after seeing team credibility and other good factors, do not be so fast to dump it in loss if it's long term investment.


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July 09, 2020, 01:32:27 PM
 #5

There are reasons why coins dump sometimes, it's better to do research before investing, I make a mistake months ago when I realized that a coin was surging and I jumped in without finding the real reason behind the pump which was an Airdrop for the coin holders, I lose over 2400$ to this pumped coin buying at ATH, till today I haven't recover
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July 09, 2020, 02:41:54 PM
 #6

You can choose the top 20 coin list and analyze it before you buy, so you can find the coin that has a hidden potential to increase in the future. Maybe that will be hard for you, but that is worth to do because if you can find one or two coins, you will have the opportunity to make a profit. But be careful because the market still unpredictable, and you might buy the wrong coin that can make you wait for long.

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July 09, 2020, 02:58:03 PM
 #7

It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.

Just my kinda advice for newcomers, good luck and happy hunting
The more you risk the higher the possible return  You will get thats what old project give to their  investors. But I don't think this things will happen again easily that's why you need to be a good researcher of every project before you invest so you can earn the profit that you want to earn. But unlike before it will make difficult for us now to choose good project

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July 09, 2020, 03:11:44 PM
 #8

It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.

Just my kinda advice for newcomers, good luck and happy hunting
Most of the early investors of cryptocurrencies just invested on it without knowing much about it but now everything has changed we all know what is cryptocurrency and how much it is important to have decentralized payment system for better future so we should invest on decentralized cryptos to get financial freedom.

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July 09, 2020, 03:29:08 PM
 #9

It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.

Just my kinda advice for newcomers, good luck and happy hunting

One mistake newbies make is that, they fail to apply the real life scenario once they jump into the crypto currency space. It takes time to make money in every aspect of life be it business, trading, or even office work, you tend to work 30 days first. Whatever you choose to do, it requires ability to learn, research, and good decision making skills to excell. So if you want to strive in crypto currency, do your own research, learn, focus on the objectives, master your acts, and be responsible in your actions.
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July 09, 2020, 03:33:54 PM
 #10

It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.

Just my kinda advice for newcomers, good luck and happy hunting

One mistake newbies make is that, they fail to apply the real life scenario once they jump into the crypto currency space. It takes time to make money in every aspect of life be it business, trading, or even office work, you tend to work 30 days first. Whatever you choose to do, it requires ability to learn, research, and good decision making skills to excell. So if you want to strive in crypto currency, do your own research, learn, focus on the objectives, master your acts, and be responsible in your actions.
Nice advice, taking responsibility for your actions will help you even if you make wrong decisions, you can't find someone to put blame on and you will surely learn from your mistakes, I'm lucky because I have interest in blockchain technology which opened my eye to what the technology is really all about, it's different for those who aim for money making right from day one..

I learnt everything that's needed to be learnt, I hope newbies put aside money and learn first

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July 09, 2020, 04:11:15 PM
 #11

It does not only take time. Time may or may not be on your favor.

If it is only about time, then you can hodl coins for the longest time possible and make money. But while Ethereum (ETH) and Ripple (XRP) ended up profitable, Boobscoin and Trump Coin died.
I see the point that you are trying to make, and I agree with it, if the secret formula for success is time then every one should keep every thing tight as long as possible which is not true in the first place. Time still varies, even if you hold a coin for 5 years and it does not move desirably then you can simply conclude that the coin isn't worthy of being in your wallet. Time only favors those coin whose valuable enough and valuable to the people under speculation. Yes, I'm talking about bitcoin.

What I'm saying is that more than blind hodling, you really need to make a careful and thorough research.
Research is the best way through success, you ain't just here to put money in a coin that you think might get you a profit, you are here to secure your profit in coins that has the potential to the market. You won't do less than researching, that's all you need.

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July 09, 2020, 04:21:22 PM
 #12

I doubt it that there will be the new generation gems like Ethereum did before. Count also BNB for being one of those coins before. As long as you commit to research and don't invest because of the crowd.

You can still find the good ones base on your preference.


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Raflesia
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The best gambling site "Duelbits"


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July 09, 2020, 05:28:33 PM
 #13

It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.

Just my kinda advice for newcomers, good luck and happy hunting
The more you risk the higher the possible return  You will get thats what old project give to their  investors. But I don't think this things will happen again easily that's why you need to be a good researcher of every project before you invest so you can earn the profit that you want to earn. But unlike before it will make difficult for us now to choose good project
the previous project will not be repeated much more in the current year because the returns are good enough for investors with the old project they always promise to maximize their development in a product so that this can be a big coin today, but still we can know that the current project has not of course produced because it always ends with a high risk.

.
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tycsols
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July 09, 2020, 05:33:24 PM
 #14

It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.

Just my kinda advice for newcomers, good luck and happy hunting
It really is a bumpy road from investing to hunting everything here is risky but you rightly posted about how eth and xrp grew into such big projects which indicates that this sector also holds huge potential if you are riding the right boat, even one investment can be life changing.

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Furryball
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SAPG Pre-Sale Live on Uniswap!


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July 09, 2020, 05:34:47 PM
 #15

Will there be another good coin like ethereum? Hm I doubt that big time, ethereum have many competitors presently like EOS and Neo but they can't even top over ethereum because eth is one of a kind, just do research on new projects and make your choice, good new projects might come, who knows?

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July 09, 2020, 05:48:53 PM
 #16

It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.

Just my kinda advice for newcomers, good luck and happy hunting
Finding a gem in this market is just like finding a needle in a haystack with all these coins coming up on a daily basis you have to search a coun in more than 1k tokens every year, I think it is hell of a job to search all these tokens and I don't think that it is worth it.
I guess now being a developer of these tokens is a lucrative job and everyone should try and become a block-chain developer, these jobs are actually paying you good.

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Iyanu14
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July 09, 2020, 06:33:06 PM
 #17

It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.

Just my kinda advice for newcomers, good luck and happy hunting

Yeah, crypto space is not a place you rush in with the expectation of just making it quickly like that, except you have a big amount of money to invest in good coins through a trustworthy crypto-experienced person.  One need to have some patience.  Just of recent, a project (INVOX Finance) I have participated in since 2018 just moon all of a sudden to +634%, as in I couldn't believe it because I have taken it as one of my decorative coins.  Patience is one of the ingredients to make it in the crypto space.
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July 09, 2020, 06:56:03 PM
 #18

OP that a coin or project (tokens to be specific) makes top whatever on coinmarketcap that doesn't guarantee that project to be a legitimate one to invest in. All project can be hyped and manipulate to top whatever so don't based your judgement on that but still I understand the advice you're trying to give and I acknowledge them.
Ethereum can be excused since it has contributed positively to the growth of the industry but it also has its flaws that contributed to the high number of scams the industry is experiencing but ripple is still a shitcoin not minding whatever ROI is produces. It's a centralized piece of crab been manipulated that we should all avoid.

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Ulven
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July 09, 2020, 07:09:18 PM
 #19

Before you start choosing the currency that will give you a profit, you should know very well that this field is risky.
First, you must know the perfect way to protect your icons.
 Second: You can track the price path of the currency during the periods it has gone through.
Third: You can divide your capital into different currencies so that you do not fall victim to the sharp fluctuation in crypto.
And The most important advice is not to rush to take decisive decisions, and I think that the rest of the members ’advice is appropriate for work and I wish you success.

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matchi2011
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July 09, 2020, 07:12:51 PM
 #20

It does not only take time. Time may or may not be on your favor.

If it is only about time, then you can hodl coins for the longest time possible and make money. But while Ethereum (ETH) and Ripple (XRP) ended up profitable, Boobscoin and Trump Coin died.

What I'm saying is that more than blind hodling, you really need to make a careful and thorough research.

Going to depend from how you see and performed your investment strategy, it's not just with time I also agree with that, it's about how you take every opportunities after you performed your deeper research. The market always brings opportunities, it's up to everyone on how they'll
going to take and ride with the flow.





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