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Author Topic: The right investment for cryptocurrency...  (Read 617 times)
trauchot
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November 07, 2020, 06:55:24 PM
 #61

Quite right, in cryptocurrency investments, you always need to do everything right and wisely, or at best, your investments will not bring you any income, or in the worst case, you will lose all your funds altogether, so from the very beginning you need to learn how to make the right investments and you need to do this with minimal money amount, and then move on to bigger amounts, but you need to remember that you need to invest exactly money that you will not be scared to lose.
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November 07, 2020, 10:00:56 PM
 #62

Quite right, in cryptocurrency investments, you always need to do everything right and wisely, or at best, your investments will not bring you any income, or in the worst case, you will lose all your funds altogether, so from the very beginning you need to learn how to make the right investments and you need to do this with minimal money amount, and then move on to bigger amounts, but you need to remember that you need to invest exactly money that you will not be scared to lose.
Good preparation is all we need if we want to start investing in crypto wisely. Not just consider the funds for our own capital but we need to be knowledgeable first on the crypto we want to invest with. It would be a waste of the time and money if we keep investing even with a bigger amount but not really aware about the true potentials of the crypto we start investing with.

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November 07, 2020, 10:13:54 PM
 #63

The first thing before making an investment is must know exactly about the project, don't invest only because of friends, family, etc so you must learn it, research it. This is an important step. After you learn it and confidence to join, you must prepare yourself for loss not only for profits, because I see a lot of people only prepare to gain profit, and if the target did not reach they will blame the project. They must blame themself

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November 07, 2020, 10:54:46 PM
 #64

This is true, many people are caught up in some hype like ICO and Defi which makes them lose a lot of money, especially those who are still unfamiliar with crypto, always following the advice of some friends or family without thinking about the risks and don't know about the project.

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November 07, 2020, 11:31:02 PM
 #65

100% I agree with everything you say, not only in crypto, wherever if you want to invest we have to learn it first besides that we also have to think about the risks. Maybe beginners can start investing in crypto with a small capital and it can be done in 2-3 projects, maybe $ 20 each

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November 07, 2020, 11:49:14 PM
 #66

This is true, many people are caught up in some hype like ICO and Defi which makes them lose a lot of money, especially those who are still unfamiliar with crypto, always following the advice of some friends or family without thinking about the risks and don't know about the project.
They want to make an investment but their money loss in Defi because they only know about the hype, this is sad so to avoid it must learn well before investing and ask advice to friends and family who know about cryptocurrency also so helpful. So don't make a decision until you know exactly about it

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November 07, 2020, 11:53:03 PM
 #67

100% I agree with everything you say, not only in crypto, wherever if you want to invest we have to learn it first besides that we also have to think about the risks. Maybe beginners can start investing in crypto with a small capital and it can be done in 2-3 projects, maybe $ 20 each
Never put huge amount if don't know what they are entering with, I remember some friends who invested in ETH when the price is too high before and when it drops they called it scam. It's not always that price will increase and the investors or traders should know what they are buying and how the market in crypto happen, some thinks it's easy money, little did they know that it's not and it requires effort to study it all.

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November 07, 2020, 11:54:02 PM
 #68

100% I agree with everything you say, not only in crypto, wherever if you want to invest we have to learn it first besides that we also have to think about the risks. Maybe beginners can start investing in crypto with a small capital and it can be done in 2-3 projects, maybe $ 20 each
So far investing in cryptocurrency does have a very high risk, if you don't understand some of the projects then you should not participate first and it's better to look and read deeper into the project, but if you want to invest, you should use small capital, while for capital investment big you can use bitcoin as one of the best options even though neither of them can guarantee a profit at least bitcoin still looks potential.

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November 09, 2020, 03:58:52 AM
 #69

Crypto world is very unpredictable, prices often fluctuate, very different from stocks. If a beginner wants to join start with a small value and with an established coin like the top 10 coinmarketcap

Stocks with virtual currency are very different and everything you are going to do has different risks. If you have a good mentality then there will be great opportunities waiting for you.

if only mentality means you have to have enough capital, so for beginners I think it is enough to play on the top 10 coins / tokens on CoinMarketCap

Better to do that while trying to understand how volatile market will bring them more benefits.

For such beginners, it's very important to learn every specific influences that may take place in order to follow the track for a much better chances, if newbies see the potential they can create good plans and build a patterns to follow.

yes that's right while learning about the characteristics of the crypto market he can still invest
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November 09, 2020, 12:52:10 PM
 #70

In investing, your best friend is mathematics. Your task is to learn to understand the relationship between profit and risk. The higher the risks, the higher the chances of losses, which means the lower the profit. Even when the potential profit is high, you need to adequately and objectively assess the risks. Because even 10% risk can play 1 in 10 times and if you bet everything on that 90% you can easily be left penniless.

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November 09, 2020, 01:22:06 PM
 #71

There is no safe place to invest in the crypto industry, but I know how to avoid the risks of investing in crypto. especially if you invest only in real coins especially Bitcoin, Eth, BinanceCoin. This will minimize your risk of loss as well as stable coins like USDT. on the other hand Never spend all your money on investing in crypto.

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November 09, 2020, 01:36:09 PM
 #72

100% I agree with everything you say, not only in crypto, wherever if you want to invest we have to learn it first besides that we also have to think about the risks. Maybe beginners can start investing in crypto with a small capital and it can be done in 2-3 projects, maybe $ 20 each
So far investing in cryptocurrency does have a very high risk, if you don't understand some of the projects then you should not participate first and it's better to look and read deeper into the project, but if you want to invest, you should use small capital, while for capital investment big you can use bitcoin as one of the best options even though neither of them can guarantee a profit at least bitcoin still looks potential.
You can identify it as a right investment if you fully understand what it is, it is not a good investment if you will invest your money in something unclear with you. That is why investing in our knowledge is a must and every wanna be investors should do it first. You can never increase the capital that you have if you do not know how to differentiate a good investments and bad investments.

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November 09, 2020, 01:52:22 PM
 #73

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.

Cryptocurrency actually is for everyone who are willing to take the risk, because if not this field of business is not fit for them(NEWBIE).
And you were right, learning is the best starting point for them to succeed in this crypto space also never stop learning, always be an empty
cup as well so that successful will be achieve in the end.
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November 09, 2020, 02:18:41 PM
 #74

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, there is only one thing that must be done before buying cryptocurrency,
yeah learn to read charts, because investing in crypto is the same as trading,
if you buy coins when the price is really cheap, then your investment will also benefit a lot in the future.

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November 09, 2020, 02:31:06 PM
 #75

Indeed, the most important when we want to investing our money in cryptocurrency is, we must afford to lose what we invest.
Never take loan to invest on cryptocurrency because that is not our money and we won't be able to afford what we borrowed.
But we should not afraid to investing in crypto because the earning is good than others, if only we get the profit though.
Indeed. I wouldn't recommend using loan money just to invest in Cryptocurrencies because there's no guarantee that you will gain profit that easily, the worse might happen is to lose that loaned money and get into debt.
Crypto investment was risky especially if you have no idea what you are doing. Investing requires experience and knowledge in order to reduce the risky you were taking. You don't invest in just random projects or what, you must take your own research. One more thing, invest only the money you can afford to lose.



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November 09, 2020, 02:42:51 PM
 #76

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, there is only one thing that must be done before buying cryptocurrency,
yeah learn to read charts, because investing in crypto is the same as trading,
if you buy coins when the price is really cheap, then your investment will also benefit a lot in the future.
Quite misleading if that's the case.
You are advising other investors to read the charts, but you also mentioned buying coins when the price is really cheap. It does not work as simple as it may sound. Analysis would be the answer. Not because the price of a coin is cheap, it's market value is already guaranteed to be higher in the future to generate profit. It does depend on the coin itself but in general, no coin still has assurance of having a price increase as years will pass by. Especially in altcoins wherein most of the coins are only good for short term holding and aiming for cheap coins to hold is already making a gamble having more odds of losing.

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Lantind
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November 09, 2020, 02:47:50 PM
 #77

for beginners, there is only one thing that must be done before buying cryptocurrency,
yeah learn to read charts, because investing in crypto is the same as trading,
if you buy coins when the price is really cheap, then your investment will also benefit a lot in the future.
Investment and trading are not the same, even though both are in crypto, because for investments that really need to be considered are the project team, project concept, project objectives and where the project comes from, while for trading it is clear that you have to learn how to see charts, especially if someone is still in a state as a newbie.

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kpierce77
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November 09, 2020, 02:58:59 PM
 #78

Cryptocurrency actually is for everyone who are willing to take the risk, because if not this field of business is not fit for them(NEWBIE).
And you were right, learning is the best starting point for them to succeed in this crypto space also never stop learning, always be an empty
cup as well so that successful will be achieve in the end.
I think everyone knows that if they decide to invest in cyrpto, I'm sure they will have to (should) learn about how the basics of investing in crypto. The most important thing is always invest according to your ability, and don't be too pushy, because greed will always end up being bad
best123
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November 09, 2020, 03:42:51 PM
 #79

Investing in some Alt coins requires brave heart. The feeble should not invest, unless he/she has a good guider. In crypto, you can make x10, you can as well lose your capital.
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November 09, 2020, 05:41:19 PM
 #80

Investments can be made by anyone, but the results will be different when compared to people who learn and don't learn at all. Indeed, if you want to invest, you have to learn and if you are impatient, you may be able to hire a mentor by spending a large amount of money.
well, by learning about crypto, we know which investments are safer. it's just that, for people who are new to this, it is highly emphasized to practice finding information about popular crypto first. I'm pretty sure they will learn from their search for information on the price development of the popular crypto. this will let them know which new crypto has strong potential or not.

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