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Author Topic: The right investment for cryptocurrency...  (Read 617 times)
mianvicky1 (OP)
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November 02, 2020, 12:49:35 PM
 #1

No specific amount can be specified Which can be suggested.
It depends on your ability and status. Before investing, you should consider how much you will be able to afford.
For beginners who want to invest, I would say that they should first learn about it.
Learn and earn is better.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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concept2
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November 02, 2020, 01:04:25 PM
 #2

Totally agree with your thought. The more knowledge you have, the more profitable your initial funds can give to you. I have seen many of my friends who recklessly invest their money in something they dont understand (It can be forex, cryptocurrencies, stocks, etc) and 90% of them cry with me after a month. The 10% was bathing in victory and become even more reckless. And sooner or later, they lost their money, both profit in initial deposit

Cmon guys. You can do better just by spending time to learn and obtain knowledge
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November 02, 2020, 01:32:15 PM
 #3

Investing requires knowledge so this is your first weapon to fight in a battle where traders are more experienced than you, this is not an easy battle ground so be already always and prepare for anything. Newbies have to take this market seriously and don’t just believe on an easy money, everything you’ll earn should come from your hard work, and that’s a best fruit of your sacrifices.
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November 02, 2020, 01:59:11 PM
 #4

I would say before you learn, first and foremost, understand the risk associated with investing with crypto and then decide within you that you can handle the risks. Then secondly, learn how to study any potential project, how to ask the right questions to the team to ascertain their level of expertise and so on. If it's about crypto trading, then find an expert or mentor who can teach you all you need to know, then practice very well before giving it a trial. And lastly, this can be considered as the most important, invest or trade what you can afford to lose, do not be moved by what others are doing that you invest all your funds, invest yours and be contented with it.

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November 02, 2020, 05:57:19 PM
 #5

For beginners who want to invest, I would say that they should first learn about it.
Learn and earn is better.
Just always put learning at the very beginning. What newbie investors do is getting onto an investment without proper research and knowledge. It's very important to have it first before going to the investments that you are interested with. This is a general application not just for cryptocurrency investments but for all investments. Start with knowing bitcoin then so on until you are aware which is the best crypto to invest with your money.



 

 

 

 

 

 


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cryptoknightt
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November 02, 2020, 06:36:28 PM
 #6

well, most people impose and put all their money on a project and expect big profits, in fact it is the same as gambling, but in a slightly different way knowledge of money management, fortunately, this is very necessary.
republicrypto
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November 02, 2020, 07:11:10 PM
 #7

No specific amount can be specified Which can be suggested.
It depends on your ability and status. Before investing, you should consider how much you will be able to afford.
For beginners who want to invest, I would say that they should first learn about it.
Learn and earn is better.

absolutely right mate, better to do a deep learn before investing
so, we will understand all about the project first before we drop our money
and always think about the risk not only profit in crypto investments
regards
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November 02, 2020, 08:50:20 PM
 #8

If you know what you are doing and if you the project/coin and have all the trust then the more you invest from support areas the better.
If you are confused about picking the best coins then just pick a couple from top 20 list.
I have seen many people making life changing income from investing with good amount and making massive profit from bull season.

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krisnajsadrak
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November 02, 2020, 09:15:57 PM
 #9

No specific amount can be specified Which can be suggested.
It depends on your ability and status. Before investing, you should consider how much you will be able to afford.
For beginners who want to invest, I would say that they should first learn about it.
Learn and earn is better.

the key of investments is how we can manage the risk and control our psychology while we trading or investing
if we can do that, for sure our portofolio will growing and always stay away from fear and greed

samcrypto
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November 02, 2020, 09:23:35 PM
 #10

well, most people impose and put all their money on a project and expect big profits, in fact it is the same as gambling, but in a slightly different way knowledge of money management, fortunately, this is very necessary.
They go all in without making any research and if they lose money, they’ll blame someone when in fact its their fault for being careless on their investment. Beginners must not take any shortcut and learn the process because if you do rush things, you’ll lose the money. Investing is indeed not easy, there are times that you will lose money so you have to be prepared on this financially and mentally.

tippytoes
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November 02, 2020, 09:27:15 PM
 #11

For beginners who want to invest, I would say that they should first learn about it.
Learn and earn is better.
Just always put learning at the very beginning. What newbie investors do is getting onto an investment without proper research and knowledge. It's very important to have it first before going to the investments that you are interested with. This is a general application not just for cryptocurrency investments but for all investments. Start with knowing bitcoin then so on until you are aware which is the best crypto to invest with your money.

This is the reason why a lot of newbies will curse crypto if they lost because of the lack of knowledge with the situation. They thought they can attack the crypto investments without doing any research at all. Just like any investments, like in fiat, you always do your own assessment before jumping in. So with crypto. If you are really new, why not read first and get the necessary information to move forward. Don't rush yourself, because that will lead you to losing directions.
goaldigger
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November 02, 2020, 09:49:26 PM
 #12

No specific amount can be specified Which can be suggested.
It depends on your ability and status. Before investing, you should consider how much you will be able to afford.
For beginners who want to invest, I would say that they should first learn about it.
Learn and earn is better.

the key of investments is how we can manage the risk and control our psychology while we trading or investing
if we can do that, for sure our portofolio will growing and always stay away from fear and greed
In short know how the investment works and you can easily control your emotion if you already have the knowledge about it. Most of the time, newbies are more greedy because they are just investing without making research, and they easily believe on easy money which is not true at all. Cryptocurrency investment is profitable only if you manage to lessen the risk and to follow the trend without being hyped, don’t put too much emotion on your investments.

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kingzpro
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November 02, 2020, 09:51:31 PM
 #13

No specific amount can be specified Which can be suggested.
It depends on your ability and status. Before investing, you should consider how much you will be able to afford.
For beginners who want to invest, I would say that they should first learn about it.
Learn and earn is better.
For a newbie or someone who is entering crypto market from other markets, I think getting aware of each and everything from each and every aspect is something very important, simply because without the compelte knowledge you will do a lot of mistakes and learn the hard way so it is better to prepare yourself first before venturing into new markets like crypto.

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November 02, 2020, 10:56:33 PM
 #14

For newbies, it's better to take only the legit coin as their investment. They have no knowledge to deal with the cryptocurrency like small-cap altcoins which can be very risky for them to take it as their investment.
The newbie will always need the process to learn and they can't understand it instantly about how to choose the right project.
Just take a look at the performance of legit coins and it's more than enough to give them a guarantee.

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November 02, 2020, 11:44:43 PM
 #15

For newbies, it's better to take only the legit coin as their investment. They have no knowledge to deal with the cryptocurrency like small-cap altcoins which can be very risky for them to take it as their investment.
The newbie will always need the process to learn and they can't understand it instantly about how to choose the right project.
Just take a look at the performance of legit coins and it's more than enough to give them a guarantee.

Start with bitcoin if they don't want to get rekt by these new alts. Don't rush yourself because you will feel that there's too much information that you can't take at once. Take it one day at a time if you are a newbie in crypto. No one is obliging you to learn fast. Better learn on your own terms so you will appreciate more the things that you learn each day. Your journey in crypto is endless and once you gain knowledge, you are more ready to tackle this world of crypto and not be victimized by scammers and the likes.
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November 02, 2020, 11:59:48 PM
 #16

I think not to get by the hypes and I will still suggest especially the new comers to take it slowly even if they think that they can earn huge in investing cryptocurrency. Yes, one can earn high but the risk is also high so it would be better to start first at low investment to check whether you can be good in it or not. Just always remember to always put money to an investment that you can afford to lose. There are many members here that had already made big losses and you should keep yourself not to be like them.
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November 03, 2020, 12:35:14 AM
 #17

Always diversify your capital. You should focus on Minimising the risk/lose , 2nd focus is on Profit. The more profit you want, the more risk you have to take! You should focus on growing your capital,then take high risk when you have money or profit to spend for many projects.

As what the people always say "Invest what you can afford to lose".
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November 03, 2020, 12:38:05 AM
 #18

I think not to get by the hypes and I will still suggest especially the new comers to take it slowly even if they think that they can earn huge in investing cryptocurrency. Yes, one can earn high but the risk is also high so it would be better to start first at low investment to check whether you can be good in it or not. Just always remember to always put money to an investment that you can afford to lose. There are many members here that had already made big losses and you should keep yourself not to be like them.
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November 03, 2020, 01:08:26 AM
 #19

For beginner investors, choose coins that have a good market capitalization, don't be easily fooled by the hype that is going on.
most of the hype in cryptocurrency will end up losing, because cryptocurrency is very dependent on market demand, when market demand decreases, the price will fall ,.
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November 03, 2020, 01:22:02 AM
 #20

No specific amount can be specified Which can be suggested.
It depends on your ability and status. Before investing, you should consider how much you will be able to afford.
For beginners who want to invest, I would say that they should first learn about it.
Learn and earn is better.
That is right indeed.
You only can invest something if you have excess of money whether its 1% or 50% of your income.
Otherwise you'll have to sell something on dip just because you don't have money to eat.

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