Is it worth investing in coins you believe in?

[Viscore]

I personally, before making an investment, the main thing I do is analyze and study a project carefully, starting from looking at the volume, number of sales, the development team, and most importantly the project has been listed on the exchange, if the technicalities I do are in line with expectations.  then I am sure to invest the project, the point is investing in crypto with the belief that it is very worth doing,

There is no wrong if you'll invest in the coins that you believe as long as you know it has its own potentials to live more and will probably create more demand from its community. Proper research and assessment should be done first before you decide to invest and put up some capital. There are coins who are only good for short term just like coins who will definitely be profitable for long term so its up to you where you can be more comfortable with it.

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[DoublerHunter]

I personally, before making an investment, the main thing I do is analyze and study a project carefully, starting from looking at the volume, number of sales, the development team, and most importantly the project has been listed on the exchange, if the technicalities I do are in line with expectations.  then I am sure to invest the project, the point is investing in crypto with the belief that it is very worth doing,

There is no wrong if you'll invest in the coins that you believe as long as you know it has its own potentials to live more and will probably create more demand from its community. Proper research and assessment should be done first before you decide to invest and put up some capital. There are coins who are only good for short term just like coins who will definitely be profitable for long term so its up to you where you can be more comfortable with it.

^ Definitely I agree with you, just makes sense first a very simple thing to know and determine how potentially your project that selected will have profited soon. At the first glance of the project should think about how useful it is and the status of the community that is backed up by the project should always be active too. If you already believed such a project assuming that you have already done searching on it before using it. Nevertheless, I consider that investing in most altcoins are sometimes we think it is gambling because even though it was potentially can get a project but it is send up scam projects.

[CaVO32]

I personally, before making an investment, the main thing I do is analyze and study a project carefully, starting from looking at the volume, number of sales, the development team, and most importantly the project has been listed on the exchange, if the technicalities I do are in line with expectations.  then I am sure to invest the project, the point is investing in crypto with the belief that it is very worth doing,

There is no wrong if you'll invest in the coins that you believe as long as you know it has its own potentials to live more and will probably create more demand from its community. Proper research and assessment should be done first before you decide to invest and put up some capital. There are coins who are only good for short term just like coins who will definitely be profitable for long term so its up to you where you can be more comfortable with it.

^ Definitely I agree with you, just makes sense first a very simple thing to know and determine how potentially your project that selected will have profited soon. At the first glance of the project should think about how useful it is and the status of the community that is backed up by the project should always be active too. If you already believed such a project assuming that you have already done searching on it before using it. Nevertheless, I consider that investing in most altcoins are sometimes we think it is gambling because even though it was potentially can get a project but it is send up scam projects.

Because we don't know the ulterior motives of the devs, that's where we are blind at. Even if we say the project is very promising, they have working platform, and actual use case, if one or two of their members decided to cash out and get out or worst, run away with investors money, that's when our hopes start to crash down. This is why sometimes it is better to invest in long-running platform like ETH. I don't think they will abandon their project here.

[kawetsriyanto]

If you really like a coin and beleive in it then you should.

There is no guarantee of success investing in the coin that you believe or like. Success in investment doesn't determine by them. But it depends on the quality of the project behind the coin, the right time to buy, and good analysis to set the selling rate. All of these require sufficient knowledge and experience. So, you can see the potential of a crypto coin in the future and use a proper way to manage it. If you invest in a coin just because you like or believe in a coin, you make your money very risky on the coin. That's absolutely the wrong way.

For me that coin is DIVI. I think it'll grow huge.

Why DIVI?
What are the strong reasons it will grow huge?
It is in rank 277 based on CoinGecko. With no information about total supply, just a piece of information about circulating supply. I also didn't hear about a significant improvement of this coin. So, I think this coin doesn't deserve to recommend to others. Moreover, if only focus on investing in this coin only. Better to look at other more potential coins, mate.  

[NicNacCoin]

It‘s not about believes, but about fundamentals, whether it is a good coin/token or not. Not a financial advice.

Believes or fundamentals, it's obviously fundamentals. You have enough shit coin with having a lots of believes but not fundamentals, you don't get anything from your investment. So invest according with fundamentals.

[tabas]

in investing in crypto don't just trust the coin. but also do research and analysis of the coin in order to determine the coin. because it takes time and also needs a lot of us to analyze how the coin system will go in the future. so avoid risky coins

Analysis is what makes us see the coin if it has a good progress in the long run. If you don't know how to read the charts or do analysis, you just have to do research and see if there are people's opinion that can be read over the web. But sometimes those reviews can be done through paid reviews just to make the project's name beautiful and being done nicely by whoever the author of it.

[Distinctin]

in investing in crypto don't just trust the coin. but also do research and analysis of the coin in order to determine the coin. because it takes time and also needs a lot of us to analyze how the coin system will go in the future. so avoid risky coins

Analysis is what makes us see the coin if it has a good progress in the long run. If you don't know how to read the charts or do analysis, you just have to do research and see if there are people's opinion that can be read over the web. But sometimes those reviews can be done through paid reviews just to make the project's name beautiful and being done nicely by whoever the author of it.

The biggest challenge here is that the market is so volatile. No matter how hard you try to analyze the market but still this will not give you the assurance that you will be getting a higher chance to make a profit.
But what I did is that I rather have to choose those leading coins in the market, I will not spend time digging for new projects just to know if that is legit or promising. If you go and buy directly on the top coins, you are saving time and you are also having a higher profit assurance.

[llecrf]

-snip-
Regarding coins, I struggle to understand the approach people have. I am, by no means, expecting people to run down details on what they do, as we are not here to give financial advice, but a small explanation on how you address your investments: both short-term and long-term. Similarly to the stock mentioned above, I do have the same kind of interest for coin Oracle ($ORA), it’s quite new so I don’t expect many to know it. I really believe in the platform they want to create (just for context it’s a NFT market for ideas, so you just buy others’ ideas) and I would like to see their project created and support them long term, but how popular is the cashing out in cryptocurrencies? Everyone seems to be spamming to the moon to the moon, but most people seem to be selling.

Everyone has their own way of investing, some members of the telegram group channel will do things like that by posting when to the month and a few other sentences to make sure the project really goes according to plan, confidence to invest is very necessary and there is no good investment advice other than you believe in the coin you have, Bitcoin for example, no one can predict the price to reach $64k and I think you have chosen the coin according to your wishes.

[bitcon]

If you have a good basic understanding, understand the technical team of the project, and the white paper, you can make short-term investment, but you can’t blindly believe it. Don’t invest all your funds in a project. Any investment is risky. Consider it well,

I think that if coins are supported by real projects and ideas, small price fluctuations are unimportant. As long as people believe in it, you will not lose your money.

But when investigating, you should consider such points as developers and other investors. As it is also possible that you believe and like a project, but others don’t value it, so you will not get profit.

[tabas]

in investing in crypto don't just trust the coin. but also do research and analysis of the coin in order to determine the coin. because it takes time and also needs a lot of us to analyze how the coin system will go in the future. so avoid risky coins

Analysis is what makes us see the coin if it has a good progress in the long run. If you don't know how to read the charts or do analysis, you just have to do research and see if there are people's opinion that can be read over the web. But sometimes those reviews can be done through paid reviews just to make the project's name beautiful and being done nicely by whoever the author of it.

The biggest challenge here is that the market is so volatile. No matter how hard you try to analyze the market but still this will not give you the assurance that you will be getting a higher chance to make a profit.
But what I did is that I rather have to choose those leading coins in the market, I will not spend time digging for new projects just to know if that is legit or promising. If you go and buy directly on the top coins, you are saving time and you are also having a higher profit assurance.

It's already given that the market is volatile. And that's why you'll do your part of researching and think which of them can survive and stay even if the market is highly volatile.
There's no assurance but it's all about believing to the coin just like me who's also into bitcoin. I'm believing on its long term and its future and even if I know the volatility of it is high as the other altcoins, I'm believing.

[Lantind]

Good analysis, many things to consider when investing in crypto, there is no guarantee that all the tips and advice will be effective because many projects that were originally solid are now worthless.

Yes, it's obvious because projects that don't survive the competition will always find it hard to survive even if they are very solid with development at first, but if the roadmap doesn't go according to plan, it will all be for naught.

[SacriFries11]

Yes because I trust the technology and projects that each coin or token issues. I’ve spent a lot of research on it, it has the potential to grow in the future. Like for example, I want to hold it for a long time, it is for long investment. If the market goes down, just hold it until it recovers. If I ever grow big, it will be a win-win situation for me.

[Lantind]

Yes because I trust the technology and projects that each coin or token issues. I’ve spent a lot of research on it, it has the potential to grow in the future. Like for example, I want to hold it for a long time, it is for long investment. If the market goes down, just hold it until it recovers. If I ever grow big, it will be a win-win situation for me.

Coins or tokens that have potential in the future will always look good at this time because the team always makes good developments in order to be able to compete with others in the future, because many projects that initially looked good but lost after getting fierce competition

[CryptoGuy42]

In my opinion, everyone who invests in crypto definitely chooses and determines an altcoin that has good prospects, so it is believed that it will have a good impact later, I personally don't want to invest in altcoins that do not have potential.  at all, because in addition to wasting time it can also be detrimental

Does safemoon or dogecoin have good prospects in your opinion? Because a lot of people invested in those recently,
If mine, they are shit.
I look at new projects like BYG that actually have use in the upcoming decentralized NFT "game" Black Eye Galaxy. Holding assets in Black Eye Galaxy can actually bring you high gains. Those are the type of projects I look at.

[peter0425]

Coming from stocks, I deem crypto investing quite different, and I am still to get my complete understanding behind it. When talking about stocks, there are a lot of people and investors that tend to spend their money on businesses or shares they firmly believe in.
Talking about cryptos, I see a lot of people cashing out on short term for quick money, but the question is, is it worth playing it like that or better to consider the project behind the coin long-term? Regarding stocks for instance, Nvidia is a share I really do believe in and the sentiment itself is what keeps me holding the stock no matter the market. There was a huge dip in May, similar to what the crypto market is facing now, and although difficult to hold, I strongly believed in the long-term.

Regarding coins, I struggle to understand the approach people have. I am, by no means, expecting people to run down details on what they do, as we are not here to give financial advice, but a small explanation on how you address your investments: both short-term and long-term. Similarly to the stock mentioned above, I do have the same kind of interest for coin Oracle ($ORA), it’s quite new so I don’t expect many to know it. I really believe in the platform they want to create (just for context it’s a NFT market for ideas, so you just buy others’ ideas) and I would like to see their project created and support them long term, but how popular is the cashing out in cryptocurrencies? Everyone seems to be spamming to the moon to the moon, but most people seem to be selling.

Not just in what you believe in but in what you really understand mate imagine that Coins are not all provider instead more than half of the coins at some chances will either Die or stagnant as low progress from the team.

of course it is very valuable because by investing in a coin that is loved as much as I love bitcoin with all my heart I have made a lot of profit from bitcoin, when the price of bitcoin was still at $ 5000 I bought a very large amount and I held it until there was nothing left until now this is so in my opinion the investment must be in the right place and not to buy the wrong coin.

depend on what coin you are trusting and believing .

if that is a currency that has been in the top ranks then you are safe enough to keep it.

[TWW]

Yes because I trust the technology and projects that each coin or token issues. I’ve spent a lot of research on it, it has the potential to grow in the future. Like for example, I want to hold it for a long time, it is for long investment. If the market goes down, just hold it until it recovers. If I ever grow big, it will be a win-win situation for me.

Coins or tokens that have potential in the future will always look good at this time because the team always makes good developments in order to be able to compete with others in the future, because many projects that initially looked good but lost after getting fierce competition

when facing such a project, those who cannot compete with others in the market there is a possibility of us losing our money. some are kind enough to refund funds. it makes us lucky to still get our money back.
but if we invest in my top market coin, we don't have to worry because development will definitely run. we just need to be patient and not panic.

[mulia sabee]

Yes of course. Basically we will put our money in the tokens we believe as potential and would give us profit in due time. We will never put our money in the tokens that we don't believe to have a bright future regardless if it is about DeFi or NFT. Then base on our preference be will hold it for long term or just for short term depends on our target method

[flagpara]

Yes of course. Basically we will put our money in the tokens we believe as potential and would give us profit in due time. We will never put our money in the tokens that we don't believe to have a bright future regardless if it is about DeFi or NFT. Then base on our preference be will hold it for long term or just for short term depends on our target method

You could share with us your target methods and investment methods. In my view, I don't believe in any hype trends like DeFi, NFT, IDO or IEO. We know that nothing is good in all cases. We don't invest in any coins without believing it. Without some big exchange support, we shouldn't invest ( a big portfolio) for a long time. Low exchange support can be bought with the money.

[kawetsriyanto]

I think that if coins are supported by real projects and ideas, small price fluctuations are unimportant. As long as people believe in it, you will not lose your money.

It is not true, no guarantee for your money even if the coin/token is supported by real projects. You don't forget that good coins cannot give the profits automatically, it surely also depends on your strategy or how you manage the coins. Many newbies have lost the money massively because they just focus on the popularity or reputation of the coins. They don't really care about the strategy, learning crypto market characteristics, and best time to sell-buy. Whereas it is very important and surely determines the success in investment as well.

[Questat]

I think that if coins are supported by real projects and ideas, small price fluctuations are unimportant. As long as people believe in it, you will not lose your money.

It is not true, no guarantee for your money even if the coin/token is supported by real projects. You don't forget that good coins cannot give the profits automatically, it surely also depends on your strategy or how you manage the coins. Many newbies have lost the money massively because they just focus on the popularity or reputation of the coins. They don't really care about the strategy, learning crypto market characteristics, and best time to sell-buy. Whereas it is very important and surely determines the success in investment as well.

Indeed, we can't expect instant return but I think at least our chances are high compared to those projects that have no working products.

Well, you are absolutely right. It wasn't just because they are known and listed on the reputable exchanges we are confident enough to make our investment grow, it all still lies in what strategy we use. And that we need to study the market so well before starting as this will be our tool to succeed.