Is Cryptocurrency a Good Investment?

[tvplus006]

I think investing in cryptocurrencies depends on each person's view. For those who have studied the risks and rewards, and are interested in this investment, I think crypto is a good investment, we can see from the price decline during 2019, until now, of course for those who invested at that time have now made a fantastic profit, although this time it fell drastically, but the current price is above the previous peak.

Any investment should be made consciously and carried out at the most appropriate time for this. If you buy coins on high, then in certain cases you will have to wait a very long time for such an investment to bring you a profit. It is possible that now is the time when you need to buy coins, but at the same time, many traders are waiting for the market to fall further. Therefore, the final decision on the purchase remains with the investor who risks his wallet.

[Maslate]

I think investing in cryptocurrencies depends on each person's view. For those who have studied the risks and rewards, and are interested in this investment, I think crypto is a good investment, we can see from the price decline during 2019, until now, of course for those who invested at that time have now made a fantastic profit, although this time it fell drastically, but the current price is above the previous peak.

Any investment should be made consciously and carried out at the most appropriate time for this. If you buy coins on high, then in certain cases you will have to wait a very long time for such an investment to bring you a profit. It is possible that now is the time when you need to buy coins, but at the same time, many traders are waiting for the market to fall further. Therefore, the final decision on the purchase remains with the investor who risks his wallet.

Only just to hopes that investors will never dump their crypto but instead to accumulate more. Now, the situation is becoming uncertain to pump or dump as the market moves in sideways. We never see a long time recovery after the market had fallen, even Bitcoin, after reaching back to $35k it drops back to $33k.
So, if the situation will remain like this, it is really hard for small capital to gain profit.

[wahyu wida]

I think investing in cryptocurrencies depends on each person's view. For those who have studied the risks and rewards, and are interested in this investment, I think crypto is a good investment, we can see from the price decline during 2019, until now, of course for those who invested at that time have now made a fantastic profit, although this time it fell drastically, but the current price is above the previous peak.

Any investment should be made consciously and carried out at the most appropriate time for this. If you buy coins on high, then in certain cases you will have to wait a very long time for such an investment to bring you a profit. It is possible that now is the time when you need to buy coins, but at the same time, many traders are waiting for the market to fall further. Therefore, the final decision on the purchase remains with the investor who risks his wallet.

Only just to hopes that investors will never dump their crypto but instead to accumulate more. Now, the situation is becoming uncertain to pump or dump as the market moves in sideways. We never see a long time recovery after the market had fallen, even Bitcoin, after reaching back to $35k it drops back to $33k.
So, if the situation will remain like this, it is really hard for small capital to gain profit.

except when we trade daily, of course, sideways situations like this can be used as moments to profit many times, because the market does not break the lower support limit, so we can use it to look for a little profit and it happens many times, and the results are still fantastic. but if we want to invest must require patience until we meet the next bullrun.

[SquallLeonhart]

Of course cryptocurrency is good investment plafrorm because I don't believe Fiat but cryptocurrencies. Crypto currency is a popular investment plafrorm but only long term investment. Bitcoin and Ethereum, Binance coins the best investment coins in the cryptocurrencies Coinmarketcap.

Yes you said the right difference between Cryptos and FIAT.
Crypto trading can be considered similar as Stock Market trading but here you can control your decision and funds own way.
If you are also planning to invest on Gold rather than crytpos then i can say that go for only Cryptos.
Cryptos soon will overcome all the asset market in the near future and will stand with great heights.
So yes you can conclude that crypto is a good investment.

I would say gold is not that bad, but fiat is definitely horrible. You go out and check every single person who has ever bought bitcoin and you will see that they are all hating fiat and that is why they are switching to crypto. Do not get me wrong there are corporations that go into bitcoin and they may like fiat, but even they do not love it, fiat is a broken system that will never be fixed because this broken system helps the ones who broke it to begin with. Crypto is nothing like that, its something that is beneficial for everyone and that is why it is so much loved.

Gold on the other hand is in the middle of the pack, it is not as great as crypto obviously, but I have to say its not as bad as fiat. Why? Because governments can't just print more gold and that is why it is obvious that we could simply just store it and it will gain value over course of decades.

[panjay]

Personally, I will say yes, it's something you buy and forget.

For the past 3-4 years, my source of crypto investment mainly from bounties/airdrop. So the R/R so good, because I only lost my spare time doing this rather than my actual money (if someday my coin holding go to zero, I have less regrets rather than using my own money mind you).

[dotcoin.info]

Everyone himself can answer this question. I think the most important thing here is the answer to the question "when".
After all, those who entered the market during its peak values are now suffering losses, the same thing happened in 2018. A lot of people came to the market and complained that they could not earn.

[jossiel]

Personally, I will say yes, it's something you buy and forget.

For the past 3-4 years, my source of crypto investment mainly from bounties/airdrop. So the R/R so good, because I only lost my spare time doing this rather than my actual money (if someday my coin holding go to zero, I have less regrets rather than using my own money mind you).

It's easy to see the investment that you've got to drop if it came from bounties or airdrops.

You only used your spare time but zero amount of money to start with. That's the feeling when you've taken it easily from those but in serious note, if you've invested with bitcoin and it drops.

You might feel emotional and might do a quick panic sell.

[travwill]

For some, this may be a good place to invest, for some, a place where he will lose all his money. It all depends on the right moment.
After all, if you had invested half a year or a year ago, you would have received great results and would not have asked such questions. However, right now, your investment may be drowning in a bearish trend market.

[Tahsin Kabir Kollol]

It will consistently be nice to fan out and increment your venture expansion with various resources like cryptocurrency, particularly in the event that you don't have that yet. It's an incredible arrangement to have crypto, above all, you ought not to anticipate benefitting early and put a huge sum in crypto on the off chance that you are not able to lose it. Numerous individuals have been singed towards that, and it's tragic to see them disdain BTC or crypto overall since they didn't make the best choice to explore.

[jostorres]

Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.

For sure cryptocurrency is a very good investment, but you still have to play your game the right way to be able to benefit from the market. If you don’t play your game right, then you’re not going to benefit from the market. That’s why you have to take out the time that’s needed and learn the market, learn about the ways you’re going to be able to benefit from the market, whatever you know that you’re going to do to benefit, whether it is through HODL, trading, etc.

You just have to know what it is you want to do and then study very well. You have to understand fundamental analysis and technical analysis, these things are what will help you decide and trade perfectly.

[Hypnosis00]

For some, this may be a good place to invest, for some, a place where he will lose all his money. It all depends on the right moment.
After all, if you had invested half a year or a year ago, you would have received great results and would not have asked such questions. However, right now, your investment may be drowning in a bearish trend market.

That is why are some people asking "It is too late to invest in Bitcoin?" If we don't give doubt about crypto and start investing them earlier, we might become a millionaire now but too unfortunate that we have lived that kind of human instinct and mostly we have driven by such doubts and uncertainty.

We are afraid to risk because we wanted to see the result first as proof. It is not actually wrong because we want assurance but it was too late to find it and now, we are in regrets.

[Cherylstar86]

Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.

Indeed, the popularity of these coins has all the potential for market strong competition. However, it takes a lot of years to mature and establish higher demands to cater or orders just to make it higher. Not only with india but also for other bigger countries with having such top growing economy.

[batang_bitcoin]

Indeed, the popularity of these coins has all the potential for market strong competition. However, it takes a lot of years to mature and establish higher demands to cater or orders just to make it higher.

Those coins were already established and some even got an issue against SEC. They all got the potential and they've shown it already because all of them are listed at the top ranking of the market.

Not only with india but also for other bigger countries with having such top growing economy.

It is for every country that shall adhere to the adoption of cryptocurrencies if they're looking for its growth.

[Lanatsa]

Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.

Indeed, the popularity of these coins has all the potential for market strong competition. However, it takes a lot of years to mature and establish higher demands to cater or orders just to make it higher. Not only with india but also for other bigger countries with having such top growing economy.

This actually talks in whole globe or international and doesn't only limit out in India alone where the market is totally been mainly supported on different countries by different people.

Asking if crypto is a good investment? Yes it does but doesn't mean that it would be simply in terms of selecting which coins you would be getting.If we do consider on how many coins overall

in the market then you would really be finding hard to determine so its better to stick with top rank ones to avoid the hassle and headache and you should always aware with the risk

as always be because theres no guarantee on making profits or money within this market if you don't really know on what you are doing.

[nowlscor18]

It is a good investment as long as it is not a shitcoin or memecoin. If that particular crypto has a real project then there is nothing wrong investing to those coins. A crypto can soar more than 500% of its price after some years as long as its development is continuous. If we invested to those coins in their early stage, it could bring us a huge amount of money that could be enough to use in our retirement. Been into crypto since 2016, price is really volatile but investing to it for long term is really a good choice for me.

Yes, I agree that cryptocurrency is a good investment but have a high risk also, you maybe win big and lose big. But still it is a great investment if you know how to run this and what is the process to gain a high profit. But, just like how other people define cryptocurrency as investment, some of them says it was good and the best place for investment but some of them says its not because there is a possibility that you might lose such a big amount of money in this. Investing in cryptocurrency might be hard since you need to research a good coins where you can earn a high profit but you should be aware with the risk. Don't invest something if you don't really know what to do.

[Reatim]

It is a good investment as long as it is not a shitcoin or memecoin. If that particular crypto has a real project then there is nothing wrong investing to those coins. A crypto can soar more than 500% of its price after some years as long as its development is continuous. If we invested to those coins in their early stage, it could bring us a huge amount of money that could be enough to use in our retirement. Been into crypto since 2016, price is really volatile but investing to it for long term is really a good choice for me.

Yes, I agree that cryptocurrency is a good investment but have a high risk also, you maybe win big and lose big. But still it is a great investment if you know how to run this and what is the process to gain a high profit. But, just like how other people define cryptocurrency as investment, some of them says it was good and the best place for investment but some of them says its not because there is a possibility that you might lose such a big amount of money in this. Investing in cryptocurrency might be hard since you need to research a good coins where you can earn a high profit but you should be aware with the risk. Don't invest something if you don't really know what to do.

Every investment and profiteering needs to be risky , we all knew that and if you have no problem with that then you should not be on this process.
For my years in this market , i already experienced both to profit and to lose but i knew this from the start and i know that for me to gain then i must invest and risk.
But Correct , Crypto investment is the most profitable and the best way to earn money if you know how to wait and focus and never expect something for easy way , instead learn how to take time and wait.

[Karish2return]

Contributing to crypto resources is hazardous but moreover possibly greatly beneficial. Cryptocurrency may be great speculation in case you need to pick up coordinate presentation to the demand for computerized money, whereas a more secure but possibly less profitable elective is to purchase the stocks of companies with a presentation to cryptocurrency.

[Rajamuda]

The best investment choice, no need to hesitate and no need to worry too much about this. Because sometimes some people just say at the beginning that is in the middle of the journey.. they turn into disbelief because of some risks.
In addition in crypto, we really have to know which coins are of higher quality and more popular from time to time, and the top coins are still very worth holding//as an investment choice.

[panjay]

It's easy to see the investment that you've got to drop if it came from bounties or airdrops.

You only used your spare time but zero amount of money to start with. That's the feeling when you've taken it easily from those but in serious note, if you've invested with bitcoin and it drops.

You might feel emotional and might do a quick panic sell.

yeah totally..I feel sad too if my airdrop goes to -80% lol

It's more exhausting to trade/invest on our own money, tried a few times, can't stomach it better than money from the airdrop.


So I just stick with what I do best, doing bounty and airdrop. Casually throw some of my own money too, but rarely.

[South Park]

If this will be over, and  I don't know if Dogecoin holders were still able to keep it on their hands or they will sell and dump it.

The problem with Doge is quite simply that the Elon hype has caused a lot of people to jump on board who have never been in contact with cryptos before and have at most read about Bitcoin in the newspaper. If you look at the Doge chart now, you can also see that a lot of "newcomers" have burned their fingers with it and will certainly not come back so quickly.

It is such a shame that this has happened because not only they invested in a coin that is not the worst that we have here in the market but it is really far away from being the best, and they did it because of the influence of Musk, and while everyone should be responsible for their own actions when it comes to investing or trading we know that many times this is not the case and people decide to invest based on superficial reasons, and Musk took advantage of this to get money out of them.