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Author Topic: The right investment for cryptocurrency...  (Read 617 times)
amonymous
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November 03, 2020, 05:42:58 PM
 #41

If you gonna tactical war then you will need more experience so investing in crypto requires a lot of skill. Where traders are more experienced than you can't competition with your less skill, so never follow another investor and use your own skills more. Go and learn more about crypto then you will make invest in crypto easily with right currency.
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November 03, 2020, 05:44:54 PM
 #42

I think investing in crypto currency deserves lots of learning before you can actually investing and you should also learn about the tokens or coin you plan on investing in... you should also learn learn how to manage your profits and loss in way you can cope with because this market is not really stable yet because for me personally i think i have made more loss than profit in crypto
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November 03, 2020, 08:03:50 PM
 #43

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.

I saw this thread and was going to write that the knowledge is the best investment that you can only do here. However, you have already written this stuff. The more you learn about the crypto, the better chances to make money on it you have.
imstillthebest
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November 03, 2020, 08:22:22 PM
 #44

I saw this thread and was going to write that the knowledge is the best investment that you can only do here.
only knowledge? what about the money . how can you earn if you dont have a money to buy and invest on cryptos . knowledge is needed only at first when you are starting because it will be risky if you will be investing right at the start . you can still learn and earn at the same time later on because the field of cryptocurrency is too wide and wont be learnt all overnight .

this market is not really stable yet because for me personally i think i have made more loss than profit in crypto
investing is like a gambling . on gambling we must not need to mind the profit because earning is hard . this is why you end up having more loss than on profit but atleast you enjoy and you learn  . there are also two types of crypto in this market , one is stable and other is highly volatile . you need to study them if your having a hard time of the stableness of the coins.
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November 03, 2020, 11:12:11 PM
 #45

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.

Indeed. No matter what amount it is, as long as you know properly how to gain profit on your investment, you still can be able to make such small capital into a big one and you can increase the amount you will spend on investing to gain higher rewards. But before thinking of that, you must learn first the basics and be knowledgeable enough on how to be in a good investment  to gain great opportunities of earning good profit. Investing without prior knowledge is a real risky move because instead of earning, you will be bound into the counterpart which is losing money. Your aim is to earn on investment so do not gamble your money into unsure investments.

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November 03, 2020, 11:24:41 PM
 #46

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.

my advice if you want to invest in cryptocurrency, then you better set aside a little of your money to be used as an investment in cryptocurrency and don't use your savings or the main money you have, because investing in cryptocurrency has a big risk, so if one day something unexpected happens then you will be ready to lose your money, because you are not using the money from your savings or the main money you have to invest in cryptocurrency.

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November 03, 2020, 11:31:11 PM
 #47

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.

my advice if you want to invest in cryptocurrency, then you better set aside a little of your money to be used as an investment in cryptocurrency and don't use your savings or the main money you have, because investing in cryptocurrency has a big risk, so if one day something unexpected happens then you will be ready to lose your money, because you are not using the money from your savings or the main money you have to invest in cryptocurrency.

If you are a beginner in crypto, don't invest big money but like your extra extra money or just few bucks.
You need to learn how to use wallet, generate address, use crypto-exchange and a lot more.
So trying those things, you can use very small amount to get the grasp how to actually deal with crypto.
Even those simple things, many are finding these complicated.
Sending to wrong address, is one common prob, which is the reason of losing their funds.
Know first the basics and you can move forward faster.
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November 04, 2020, 06:55:49 AM
 #48

There is no specific amount to invest in, but I think there are specifics needed to choose an investment place. We know that the risks involved in investing in the crypto world are where you invest. however, there are now quite a few investment venues that have become scams. things that become the center of research in investing in a project, are the team, concepts, and others. it is contained in the whitepaper. if the whitepaper has incomplete information, it is one that cannot be said to be a great place to invest.

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November 04, 2020, 07:12:55 AM
 #49

In my opinion, the most important thing about investing is that we understand cryptocurrency because if we understand it, we will understand the risks and rewards. In addition, we must use money that does not come from loans because crypto price movements require patience in order to get profit.
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November 04, 2020, 10:27:44 AM
 #50

Investing in cryptocurrency seems it's just simple and easy to do but it in reality it requires much patience and you must understand what you are trying to get into so that you are ready for anything that can be happen to your investment, because it is not true that you can get a quick income here, you need to learn strategies and you must be able to predict the market. It is better to start with a small amount of investment and let your experience develop your ability to become proficient.
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November 04, 2020, 11:30:19 AM
 #51

I think investing in cryptocurrencies does not only depend on how much you can afford, but there must be basic preparation for investing, including more research on cryptocurrencies to choose from, mental readiness, preparing capital, looking for the right monitoring platform, planning a strategy mature.

For beginners, it is highly recommended that you do further research before investing in cryptocurrencies. The goal is to prevent unwanted things from happening, considering that digital currency is one of the assets that have high volatility.
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November 04, 2020, 11:36:55 AM
 #52

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.

I like the first part about your ability and status, this is really what matters first. It means you have to be able to study a project perfectly before putting your money, you have to look past the sweetcoated words of the team and find the truth. Also, another important requirement is the ability to be self-controlled about your funds and be responsible for any decisions you take, that is, being able to understand yourself and invest what you can afford to lose because the crypto space itself is highly unpredictable. The last part is also important, learning first before earning, has always being the right way.

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November 05, 2020, 05:26:39 PM
 #53

But new people do have to feel the fall in the price of what they have invested. from there they will know how to drink sweetened coffee.
That means you are happier when other people experience disasters in terms of investing, it's really sad if you have such intentions, because when investors start to be disappointed with some projects or Altcoins, others will also find it difficult to develop.

you need to understand that this is exactly what trading is. You are selling your coins profit to those people who do not know what they are doing they are just buying a coins without analyzing the risk of their money.

It's a game of patience someone will sell it for other to earn or someone sell it and other traders will lost there is no way we can all win in trading .
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November 05, 2020, 05:28:18 PM
 #54

In fact, the investment depends a lot on where you want to use it.  However, a new investor should not invest too much without checking the market.  It is convenient to go towards a large amount only if you can do market analysis slowly.

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November 05, 2020, 10:03:59 PM
 #55

There is no strategy that would suit all crypto enthusiasts with the same result. Each of us has our own path to crypto. You should also not rely on the opinion of others, but it is definitely worth listening to.
Everyone has their own preferences, depending on their interests and abilities. So this is not something that is easy to imitate but requires a lot of experience and lessons that cannot be obtained instantly, it takes a process.
In fact, we don't even realize what successful investors have experienced before actually finding the right strategy, we must have experienced many losses, but we can still get up and evaluate failures until we find the right strategy.

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November 05, 2020, 10:39:17 PM
 #56

not only for beginners but everyone who wants to invest must first learn about the project because it is the most mandatory thing to do, doing research mistakes will lose money, I agree with you, buy with existing funds and do not have to push beyond our capabilities

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November 07, 2020, 03:52:24 PM
 #57

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 beginners its better to drop their money in the TOP cryptocurrency,
because the risk is lower rather than drop their money in a new project if they don't have enough knowledge about crypto


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November 07, 2020, 03:55:07 PM
 #58

The only right time is that when you are 100% sure then you would not regret after a while that wishes you did something else , If you have doubts about any trade you better stay away from it, they say keeping money safe is more important than making some profit.
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November 07, 2020, 04:28:07 PM
 #59

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.

There is no perfect amount to invest in crypto, but the guiding rule is, "never invest what you can't afford to lose in any coin" and also do not invest more than 10% of your entire portfolio in one altcoin especially when your portfolio is large. The right amount to invest in crypto depends on individual capability, do not invest a specific amount because a friend or an influencer invested that amount, invest only after considering risk management and your own financial status.
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November 07, 2020, 06:50:22 PM
 #60

This kind of advice is not just for cryptocurrency only, this also applies to different kinds of investment. When we invest, it does not matter if it's a little bit smaller or not since we all aim for the same thing, and it's to make our investment grow. Investing is a risk, so before investing, we should know what to do and also be ready for other possibilities. Don't invest what you can't afford to lose, this is what we really need to keep in mind, not only for beginners but for all of us whenever we invest.
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