Is it worth investing in coins you believe in?

[Meta anggraini]

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 

No its not, some coins are dissappear from the market even the project is a good enough, take a look at Pirl on 2018 and take a look now. Its must be a dissaster for its holders.
https://coinmarketcap.com/id/currencies/pirl/

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[iged_war]

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.

every coin are worth to add in  our bag if the fundamental and product released have god utility. some traders lose their money due their laziness in research project and finally trapped in shitcoin which is not worthed for long term or even short term holding. Believe in cryptocurrency which is will adopted soon could make rich faster than people who work in regular job.

[andriarto]

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.

every coin are worth to add in  our bag if the fundamental and product released have god utility. some traders lose their money due their laziness in research project and finally trapped in shitcoin which is not worthed for long term or even short term holding. Believe in cryptocurrency which is will adopted soon could make rich faster than people who work in regular job.

indeed, if we are good at doing research, cryptocurrency seems to be a quick way to get rich quick. but this cannot be done by everyone, only people who are able to analyze well can succeed here, unfortunately many new people are only profit-oriented

[fielkun]

Before venturing into any investment, you should always conduct an extensive research to lessen the risk of getting scammed or losing your money. Carefully analyze the project's mission and vision. Check out its white paper, roadmap, and affiliations. They must have a dedicated, legit, and transparent team. A positive community that supports the project is very important as well. I have taken into account the above criteria, that's why I feel secured holding some top-performing cryptocurrencies in my portfolio including this undervalued gem called Stakenet XSN.

[radjie]

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.

all of that is based on confidence in the coin that we choose to invest, if we feel confident with the related coin that we choose then the coin is worth investing in.  on the other hand, we must understand all the risks that will be faced, the advantages and disadvantages we must accept later.  What we should avoid is not to be easily influenced by FOMO and be interested in investing in the type of coin that is easily pumped by a group of people.

[AVolp]

Absolutely, I believe if you follow a good strategic plan and do your research into projects that are consistently building and have the stability background staying power and resilience, we will be in a life changing position looking forward.

[tabas]

Absolutely, I believe if you follow a good strategic plan and do your research into projects that are consistently building and have the stability background staying power and resilience, we will be in a life changing position looking forward.

It's a life changing decision if the coins that you have invested are really the ones that have been made themselves reputable overtime and they're not just meme coins that are being hyped.
I do believe with my decision although it won't be the same as the others that became lucky and wealthy overnight, I believe in the process and trust it and my time will come and that's with bitcoin and my other few altcoins on hold.

[CaVO32]

Absolutely, I believe if you follow a good strategic plan and do your research into projects that are consistently building and have the stability background staying power and resilience, we will be in a life changing position looking forward.

It's a life changing decision if the coins that you have invested are really the ones that have been made themselves reputable overtime and they're not just meme coins that are being hyped.
I do believe with my decision although it won't be the same as the others that became lucky and wealthy overnight, I believe in the process and trust it and my time will come and that's with bitcoin and my other few altcoins on hold.

If you are heavily invested on a specific coin or coins, one thing you need to keep up is their development updates. Because if you feel that there is nothing going on anymore with the project, better sell it while there is still value in the market. Don't wait too long because you may lose a lot and not even recover your initial investments. It is always better to invest on a project that has very solid foundation and with active developments. Because that will make them survive in the market.

[BigBos]

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.

well, we believe because we know about the development of coins that will happen in the future. however, I also feel inclined towards a coin like bnb because I believe in its future development, and see its development in the past. I think it's fair enough to believe in something you've investigated regarding its future development. however, it would be very strange if you believed from people only. it will have a very big risk to invest.

[RussianEnglishTranslation]

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.

Some people just want to try and get rich quick, it's mostly people that are poor investing and thinking short term. Look for projects that have real world utility and can produce revenue, just like real world companies, like Chainlink and 0xMR.

[oemar bakrie]

self-confidence is very important, if we know that the token will become big automatically we will dare to sacrifice to buy and keep it..
because we ourselves do not understand what will happen in the future, it is enough just to be patient and brave to take risks.

[clint25n]

everyone will think first before starting a business whether or not they deserve to be in the business, it is very important that some considerations or factors are needed in a business, especially if the business is crypto, and cannot be seen with the naked eye.the business is also very dependent on the owner who will start the business, for me if a business can be profitable then I will enter into it of course also by going through a long process

[tabas]

Absolutely, I believe if you follow a good strategic plan and do your research into projects that are consistently building and have the stability background staying power and resilience, we will be in a life changing position looking forward.

It's a life changing decision if the coins that you have invested are really the ones that have been made themselves reputable overtime and they're not just meme coins that are being hyped.
I do believe with my decision although it won't be the same as the others that became lucky and wealthy overnight, I believe in the process and trust it and my time will come and that's with bitcoin and my other few altcoins on hold.

If you are heavily invested on a specific coin or coins, one thing you need to keep up is their development updates. Because if you feel that there is nothing going on anymore with the project, better sell it while there is still value in the market. Don't wait too long because you may lose a lot and not even recover your initial investments. It is always better to invest on a project that has very solid foundation and with active developments. Because that will make them survive in the market.

Yes. You have invested in that coin because you saw the development process is good and there's a motion and happening. But if you happen to see that there's no more activeness with the progress of the project then that's a clear sign that as early as you can, you have to dump it.
There are investors too that don't depend on the development but they're only looking to the pump and dump of such coins and they're good to find it out whether a dump or pump will happen.

[milewilda]

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.

They are spamming to the moon so they can sell their bags, these are early birds who accumulates coins in their early stage and their chance to make a profit is for them to shill their coins in high heavens, most of these coins are new coins, on your coins is it worth investing in a coin you believe, the answer is you really have too, you are not going to believe in a coin that you did not do research, if you believe it, show it by investing.

Most newbies do really get victimized on this one on where they do really believe that shilled coin would really go to moon.A classic way of scamming out newbies in the market which do mostly
believe that it would really happen and once they had poured in their funds then thats the time those guys will sell off their bags. When it comes to investing then dont just easily
believe on what you do have in mind, always make some analysis and indepth research in the project because if we do look at on how many projects or coins in the market
then its really hard to determine on which one would really be worth.So you do really need to be careful.

[LimLims]

If you believe in a coin then yes. I believe in DIVI so I got it and it's been super great. You should honestly check them out, they're listed on KuCoin.

If we see the Op’s title then he is asking for people’s help in choosing the coins.
But my concern is when money is ours then why opinion of others?
In this way if we in future face any type of losses, then we will certainly blame the person who suggested the coin.
So OP as like here Shindrah is giving you advice, don’t go for it.
You yourself do some research, watch the market and invest on the coin that you want.
It is not worth investing in coins suggested by others.

[criket]

Totally worth if we really knows about that project we want to invest in, but if we just believe but not understand about the project (product / services) it will turn into not worth.

only on top market assets I usually don't consider what you say.
I will only do market analysis when investing in top market projects. but it's different if we choose a new project that hasn't even been listed on the market yet. we have to really understand how their product will run and be accepted in the market.

[Quantum907]

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.

Comparing stocks with crypto is like comparing swimming in the sea vs swimming in a bathtub, for me crypto investment is very good and prospect, there is an opportunity to make our money increase up to 500% even in a day, whereas it is impossible for us to get in stocks. And in the other side our money can lost 99,9% only in a day.

[iTradeChips]

Well, if you are going to ask me, doing crypto is not really an easy thing. The first thing that you need to do is to be sure that you will be able to give yourself some time to know the project first. You do some research as to what the crypto is, what is the project that accompanies the said coin. You must also somehow need to check who the developers are who are the team members or managers. Does it have a good group of supporters and community or even good social media presence? Checking all of these information is vital to your decision making.

[Mihawk]

So, in fact your journey has just begun and you have no involvement with cryptocurrencies, you are only interested in financial value and so will tend to be based on your experience with the stock market, but it's a little different because usually stocks pay dividends. Effectively and cryptocurrencies do not have this mechanism, the search for quick wins is insane as cryptocurrencies usually do not have this mechanism. The long term in cryptocurrencies is not the same as the stock market and one of the only certainties to date is that the BTC will be there.

[Alisha-k]

Most stocks are centralized unlike most decentralized crypto so going on a long-term investment for crypto token without an in-depth study of the project behind it could cause a loss of funds most times long-term investment are reserved for crypto researchers and for mare investors I think most of them likely go for short-term investment and take off the little profit while the move on to other projects so the don't get caught up in the whale