Never invest in any cryptocurrencies!

[LimLims]

it is their choice, if I suggest investing not with just one coin, do it with some of the top coins which have further price developments and the team is always updating the project. I think this minimizes your investment loss a little.

It's better to don't think about ICOs/tokens.
As there are some legit tokens but most of them are fake/fraud.
If you invest in those then no one can stop you from getting losses.

Yes i agree with you on your statement that, money can be invested on the top cryptos, but tbh it will only give less profit and that's too in a longer period of time.
But less profit is still better than losses.
So i would also say that to invest in stable coins whose price doesn't fluctuate a lot.

Hope this helps Op .

[Dollar_Hunter]

never ?, are you sure?, look at the cryptocurrency market now and compare it with the stock market,
the conclusion is you will regret, if you dont invest in cryptocurrencies!

[Faithall06]

I believe that whosoever desires to make it in crypto must know which area is the best to participate in crypto so as not keep going in cycle without making any progress.Knowledge is very paramount in achieving any good thing from crypto.One must be willing to ask questions and be ready to take risks as well because nothing good comes cheaply.

[Text]

never ?, are you sure?, look at the cryptocurrency market now and compare it with the stock market,
the conclusion is you will regret, if you dont invest in cryptocurrencies!

He just told you not to invest in crypto if you have a habit and you expect to get rich quickly. Because there really is no such thing, if that is how a person thinks, nothing will really happen. Must first study and find out what to know. Also, crypto is not just about investments. We must also know what and how it is used to be useful in this industry.

[Blue_oxen]

Yeah they should treat crypto as another form of money, a digital money. But in crypto we have more opportunity to earn. Yes, in traditional money we can also earn by trading our national money thru forex exchanges but the movement of their prices is pretty stable unlike in crypto we can witness a huge increase, that is the opportunity everyone is waiting, you are correct it is not a get rich quick scheme it will not happen in just 1 day it needs time and patience.

That's true. The cryptocurrency market provides a faster way to increase your capital over a night. The reason is that the cryptocurrency market is volatile more than all other markets. However, in order to make sure that you will earn money instead of loose money, you have to equip yourself with proper knowledge, skills, and experience in this market. Some people are frustrated about this market because they think it's easy to earn money in this market, but in the end, they lost their capital.

[ancafe]

never ?, are you sure?, look at the cryptocurrency market now and compare it with the stock market,
the conclusion is you will regret, if you dont invest in cryptocurrencies!

not really. If you invest predictably and without the support of clear information on new coins, I would be better off holding my assets than investing. however, in the crypto world, we cannot be in a hurry and invest in altcoins randomly. however, we need to choose it so that there is no loss. besides, everything requires patience, because this is not something that can make you rich quick as the author of this thread said.

[mydona]

never ?, are you sure?, look at the cryptocurrency market now and compare it with the stock market,
the conclusion is you will regret, if you dont invest in cryptocurrencies!

not really. If you invest predictably and without the support of clear information on new coins, I would be better off holding my assets than investing. however, in the crypto world, we cannot be in a hurry and invest in altcoins randomly. however, we need to choose it so that there is no loss. besides, everything requires patience, because this is not something that can make you rich quick as the author of this thread said.

exactly, but you also need to define "quick" this can mean 1 day for me few hours for someone else, to maximize profit there are many factors some are controllable and some are not, these factors are not only responsible of maximizing your profit but also to minimize the risk (both risk of loss and risk of getting poor quick )

1. timing
2. luck
3. coin you choose
4. knowledge about trading in general and in crypto specifically
5. budget

remind me if I forgot something, but these are the main factors in my mind.

[affandi]

it also happened a lot during the ICO period in 2017-2018, many new investors were completely zero knowledge but dared to invest in crypto. people who rely solely on luck in the investment sector are no different from gambling that rely on luck equally. if people are willing to learn to understand the conditions of the crypto market, learn about the project that the token / altcoin is going to buy, and especially about the price volatility, maybe this can minimize losses. in the crypto world there is no instant money investment.

[tiktokcoin]

it also happened a lot during the ICO period in 2017-2018, many new investors were completely zero knowledge but dared to invest in crypto. people who rely solely on luck in the investment sector are no different from gambling that rely on luck equally. if people are willing to learn to understand the conditions of the crypto market, learn about the project that the token / altcoin is going to buy, and especially about the price volatility, maybe this can minimize losses. in the crypto world there is no instant money investment.

I said it before, there is no 1 reason, its more complicated than we can control it or predict it 100%
all that we are doing is increasing knowledge and wishing good luck to decrease loss.

keep learning, increase your investments limit wisely, always invest in what you can lose. it is the basics of investing anywhere not only crypto but as crypto has higher profit it also has a higher risk.

no pain no gain

[cristiano77]

it also happened a lot during the ICO period in 2017-2018, many new investors were completely zero knowledge but dared to invest in crypto. people who rely solely on luck in the investment sector are no different from gambling that rely on luck equally. if people are willing to learn to understand the conditions of the crypto market, learn about the project that the token / altcoin is going to buy, and especially about the price volatility, maybe this can minimize losses. in the crypto world there is no instant money investment.

I said it before, there is no 1 reason, its more complicated than we can control it or predict it 100%
all that we are doing is increasing knowledge and wishing good luck to decrease loss.

keep learning, increase your investments limit wisely, always invest in what you can lose. it is the basics of investing anywhere not only crypto but as crypto has higher profit it also has a higher risk.

no pain no gain

you can't keep seeking for getting rich quickly without a plan, you can keep planning for years to get a big jump in short time, but this requires hard work and patience and also time.

not everyone can wait for that much and put hardworking on future plans. this is what most people think about getting rich quick.

quick is possible but with no efforts is not possible.

[codpku]

Im not really agree with you, ofcourse people want to get rich and cryptocurrency one of the way to make it us rich

The purpose everyone to get in to crypto world its depend to them
And its all about concistency
Concistency to learn more and more
Thats my opinion

[bakasabo]

People who suggest not to invest in cryptocurrency are simply impatient or lazy enough to do a proper research. They have already failed in earning quick and easy and now are angry on the whole World. Once I've bought Waves tokens when Sasha Ivanov hyped them with Vostok airdrop. During 2 years, Waves were on the bottom from ATH. This altcoin in my wallet was a reminder that I must choose wise where to invest. Many times I have thoughts to sell them. Last week their price doubled and I happily sold all my Waves. They are my best lesson to wait, be calm and continue to invest.

[ije07]

I think most of the users have come to the cryptoqurrency industry to benefit from crypto investing. even personally I also have the same goal. it's just that in my opinion crypto cannot make you rich quickly, as far as I know crypto investing will take a long time or at least until the price of the coins you invest in increases significantly. and don't forget that before you invest, make sure only with real coins such as BTC, if you don't have the main capital then you can hunt for free tokens and you can convert the proceeds from the token sale back into investment capital in crypto.

[GreenStox]

People who suggest not to invest in cryptocurrency are simply impatient or lazy enough to do a proper research. They have already failed in earning quick and easy and now are angry on the whole World. Once I've bought Waves tokens when Sasha Ivanov hyped them with Vostok airdrop. During 2 years, Waves were on the bottom from ATH. This altcoin in my wallet was a reminder that I must choose wise where to invest. Many times I have thoughts to sell them. Last week their price doubled and I happily sold all my Waves. They are my best lesson to wait, be calm and continue to invest.

maybe impatient to be the main reason people fail, I don't understand maybe they are not real investors because in the stock market you need time to get profits those who play there should understand how investing works, most of the failures are those who try their luck without having sufficient knowledge.

[ijeb]

The crypto worlds will get healthy when everybody will accept blockchain for its potential and not just short-term investment in order to get rich fast. That is the actual simple consumer belief and it has to be changed.

[GarenCoiner]

The crypto worlds will get healthy when everybody will accept blockchain for its potential and not just short-term investment in order to get rich fast. That is the actual simple consumer belief and it has to be changed.

the ugly truth is, any field is getting always worse not better not more healthy, it is a fact that can't be changed, the crypto world is open-world we have no control on it, that would be possible if the community is closed with strict rules but it is not, so we all need to accept this ugly truth and get better by learning more and contributing to teaching newcomers to fight against that, but the battle will never end...

[jademaxsuy]

The crypto worlds will get healthy when everybody will accept blockchain for its potential and not just short-term investment in order to get rich fast. That is the actual simple consumer belief and it has to be changed.

Getting an option is consider helpful than doing an absolute without an option. In this case blockchain technology is really advantage in doing P2P transactions fully secured using blockchain. The only problem for now are the hackers that can bypass security and access crypto funds. So, this might be troublesome for those who wanted to promote blockchain in doing transactions. Pretty sure banks will make some losses to it.

the ugly truth is, any field is getting always worse not better not more healthy, it is a fact that can't be changed, the crypto world is open-world we have no control on it, that would be possible if the community is closed with strict rules but it is not, so we all need to accept this ugly truth and get better by learning more and contributing to teaching newcomers to fight against that, but the battle will never end...

Pretty sure you are right even in the fiat currency there are scammers around and doing fraud activities without even getting caught how much more scamming using the internet where audience is huge in numbers? This is really a problem and government may be exhausted in fighting in the likes of these crimes. Education is the key for this one to get more healthier environment for cryptocurrency.

[bakasabo]

maybe impatient to be the main reason people fail, I don't understand maybe they are not real investors because in the stock market you need time to get profits those who play there should understand how investing works, most of the failures are those who try their luck without having sufficient knowledge.

Or because people still live in 2017 and dream to earn a lot in short time. They still cant let go the time when each invested during ICO (usually 2-4 months duration) dollar brought them five.

True, they are not real investors, but more like a lottery participants. Scratch cards is what they need instead of investing. Or they never had enough funds for a living. They cant afford long term investment.

[infocoino]

maybe impatient to be the main reason people fail, I don't understand maybe they are not real investors because in the stock market you need time to get profits those who play there should understand how investing works, most of the failures are those who try their luck without having sufficient knowledge.

Or because people still live in 2017 and dream to earn a lot in short time. They still cant let go the time when each invested during ICO (usually 2-4 months duration) dollar brought them five.

True, they are not real investors, but more like a lottery participants. Scratch cards is what they need instead of investing. Or they never had enough funds for a living. They cant afford long term investment.

yes, lottery participants who are actually willing to win more than x5, they are looking for x100 and more, like it is a virtual reality and they don't know that all the same rules of normal trading are here, what makes more profit is the higher risk due to scam projects and people here more than in real life (not in numbers but in the percentage of overall projects number)
 

[cristiano77]

The crypto worlds will get healthy when everybody will accept blockchain for its potential and not just short-term investment in order to get rich fast. That is the actual simple consumer belief and it has to be changed.

However, there are many investors who are only interested in profit when joining this market and this is the reason why I do not feel secure in long-term investment. It may be that blockchain is a trend that is of interest to almost all technology companies, but if the government doesn't recognize it, blockchain will be ignored. I believe that in the next few years people will have a different perspective and open up new opportunities for the entire crypto market.

the governments won't be able to keep ignoring it and one day a president will use blockchain to collect people around him this always happens, or maybe a young one from our generations or the same ideology.
hope is there but there is also a chance to have better technology especially while we are getting better and better computers and it is getting smaller besides how everything can be connected to it now and there is a ton of data.