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Author Topic: Is it worth investing in coins you believe in?  (Read 1522 times)
john_nautica
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June 26, 2021, 03:21:34 PM
 #61

Why not? I always believe what I hold with the coin because what I choose is of course by doing the research and analysis that I can, for me the benefits will not be lost when the coins I hold and produce then I will sell it, and will not wait for a long period of time. long except bitcoin which I believe can restore the situation later.
The market situation has just turned red again, which means that there is still no steady stability for the market to maintain its original price, so I will take this opportunity again and capture a cheaper price and sell it when a few percent rises for me this is enough.
And could it be green again in a few days?

Beside the fact that one believes in a coin, I think the legibility of the producer of the coin must be checked on. I just want to share that if your guts tells you to invest, then do so. My colleague invested in a coin that last a year before he gain profit from, and it was worth millions. So, do reliability check and just be patient.

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kapalmabur
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June 26, 2021, 07:54:00 PM
 #62

Actually, I doubt it because nowadays it's all about trends people just put their money inflow but, in the long run if u wanna hold just go for it!

That's true, it is now about the trend, so it is really hard for us to invest in a con that we believes, so if you want to earn more money from investing then find those coins that have potential and unique, ai just notice that if there is a unique name of the coin created, it can easily boom for only one week.
Coin hype like that I think only lasts a moment and that might be good for the short term,
but for myself prefer to invest in top coins like ethereum and bnb it's much safer,
And what is clear is that after all, everyone has their own choice
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June 27, 2021, 12:05:34 AM
 #63

In crypto, there are people in those 2 divides, strongly behind their own dogma. Some are fast cash grabbers, no sentiments. The other are few eyed sentiment investors. Some are torn in between. So there you go
The point is, don't ever think about other people about it, because everyone has their own vision and mission, so what you have to always think about is running your own plans to get what you want.
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June 27, 2021, 01:47:01 AM
 #64

If you are not investing in coins that you do believe in, what coin then that you are going to invest in, before you invest in any coin, you should check the potential of the coin, who is managing it, is the project transparent, do not rely on your luck and investment decision to these so-called experts, they too are losing from their investment ventures, they are not perfect on their decision.

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June 27, 2021, 02:30:34 AM
 #65

Of course, your main basis for investing in altcoins is your trust in the altcoin, if you don't believe in the project it's impossible for you to put your money into it.
as for the words of many members who say to the moon, consider it as a mere fomo, because you are sure of its potential in the future, you don't have to worry about what is happening now.
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June 27, 2021, 03:01:42 AM
 #66

If you know a technique about buying and selling a coin on how to gain profit then use it. I have a cousin that is also good at predicting but not all are accurate, he is just giving some possibilities and a lot of potential coins he invested in. Most of his coins have now a value, he also joins some airdrops even though there is no assurance in it, because it is just a free registration but he is also making sure if it is a scam or not, so be careful joining those.

The technique on joining in airdrops is to join 1 airdrop in a day, let say you join in a year, so you already join in 365 airdrops, if 10% of it has made value then that is just a bonus for you
rodel caling
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June 27, 2021, 03:32:47 AM
 #67

For me yes definitely it is worth it investing in coins.I believe that you can not be lossing of any coins by monitoring always all your coins.it is up to you how you win and lose.
Always believe that investing is no one will be lose...you need to work for it.in able you to succeed.
Always be positive.make it to believe and gain succeed.

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June 27, 2021, 03:51:40 AM
 #68

Yes, but always consider that if this coin follow their roadmap and whitepaper and also if they have an community to support the project, because everyone of us has their own bet and what coin we like and dislike, but today if learn the importance of trading and begin to learn how to earn profit, you begin to set aside favoritism you'll begin to look on the project that you gain benefits.
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June 27, 2021, 11:51:04 AM
 #69

Yes it is. I've been in some projects before as my source of extra income and it really paid me up with x5 up to x10. I believe it's just a matter of research and finding loop holes in the project. I know some could lead you up to nothing unless you do something about it. Do your own research and learn more here in the forum.
Without research and the right decisions will never give better results, so in general it is clear that research is always more important when choosing a project in order to get results up to x5 or x10, although not all projects can be like that.
Wreckless investing is a sure lose. Everyone should either read atleast the Whitepaper or roadmap. It is much helpful in choosing and if it seems something's smells fishy, run as fast as you can. Reduce the risk by doing these steps and surely it'll help you earn more.
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June 27, 2021, 01:07:22 PM
 #70

As long as you have checked the potential of a coin and checked its roadmap, I think it's good to invest in it. Instead of listening to fomos and fuds, I think it's better to have our own study about a coin so we have nothing to blame or nothing to regret about in the future. Investing in stocks or in crypto has risks but it's up to it to be mindful about it.
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June 27, 2021, 01:30:51 PM
 #71

There are many differences between cryptocurrency investment and stock investment. When it comes to stock investing, people usually invest in businesses or stocks that they think are positive. By investing in shares of established and reputed companies, many investors are assured and depend on the company. However, this is not the case with cryptocurrency. In the case of cryptocurrencies, people usually make a profit by investing in demanding cryptocurrencies. Other cryptocurrencies, including Bitcoin, are slowly gaining popularity and acceptance, and their practical use will make them more credible. Since most cryptocurrencies have no practical use, it also lowers the credibility of investors in all of these cryptocurrencies. However, considering the future prospects and plans of different cryptocurrencies, investing in them makes a worth investing in coins.

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June 27, 2021, 02:09:48 PM
 #72

Our current location was a big dream for us 5 years ago. I believe that 5 years from now, cryptocurrencies will be very strong. Therefore, choosing the right projects and being an early investor will make us happy in the future. Let's just believe in cryptocurrency technology and wait for the good news in the future  Smiley

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June 27, 2021, 02:18:36 PM
 #73

Our current location was a big dream for us 5 years ago. I believe that 5 years from now, cryptocurrencies will be very strong. Therefore, choosing the right projects and being an early investor will make us happy in the future. Let's just believe in cryptocurrency technology and wait for the good news in the future  Smiley

not all coins will have a good value after 5 years, it's not true so you be careful when investing some of these tokens. particularly to the coins which the team is not even updating their project. you could look them up actually that they are also experiencing a bull market many times in the past but their value keeps dropping back to the old price where they are after 5 years. you'd be lucky to see the price doubled.









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June 27, 2021, 02:24:15 PM
 #74

As long as you have checked the potential of a coin and checked its roadmap, I think it's good to invest in it. Instead of listening to fomos and fuds, I think it's better to have our own study about a coin so we have nothing to blame or nothing to regret about in the future. Investing in stocks or in crypto has risks but it's up to it to be mindful about it.
The problem is, when people ask questions like the OP, I assume such people have very little experience in analyzing projects for investment. sometimes more people like the OP will just follow the advice or signals they get in the community groups of crypto traders they follow.
whether sure or not, I myself invest without making an analysis. the most important thing is not wrong in choosing assets. like in a momentum dump, buying an asset with good strength in the market will not make us lose because in the future we will make a profit.

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June 27, 2021, 02:46:51 PM
 #75

Its like,
theres a lot of other coin and you know to your self that is way better
but you tend to believe to a coin and invest on it
its your choice, i think if you invest to something you believe is like a Plus factor
rather than blindly investing on anything hyped.
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June 28, 2021, 07:39:31 AM
 #76

Currently the crypto has spread to various circles in the world and many people know it, even many of my friends are suddenly investing in crypto. it's good if we can manage it well because currently there are many coins that have good prospects to invest. in this forum we can also learn more about the crypto world where we can exchange ideas so that it will help us who are still taboo in the crypto world. joining the crypto world is a profitable thing but if we can't manage it well then it can get the loss.

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June 28, 2021, 07:47:24 AM
 #77

Believing or not,  it is important to invest in a coin that provide solutions for cryptocurrency users,   coin that increase the awareness of cryptocurrency online and offline and focus on cryptocurrency adoption.  The future of money is cryptocurrency and the more projects we have promoting this,  the better for cryptocurrency adoption!

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June 28, 2021, 07:57:32 AM
 #78

Worth or not it depends the result, which is if you get profit from investment. If the coin you are believing in and investing in have a good rise after you buy, then i think is totally worth it, if not go up or even down, then is unworth i consider.
Anyway, who knows the future, if you believe in crypto, just take a gamble, only when you invest in it then you have the possibility to get rich quickly.

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June 29, 2021, 02:46:20 PM
 #79

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.


I think the best thing is to share money, don't save money on one type of investment, the higher the profit, the higher the risk automatically, I make crypto a short-term investment, so I must always be active and know the latest information from the projects I participate in.



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June 29, 2021, 10:40:49 PM
 #80

before investing should research.  first is it worth it for the long term or good for the short term and then we have to know when is the right time to enter a market in order to get maximum profit, because Crypto is a high risk investment so there must be a good analysis first on the coin you want  invest.
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