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Author Topic: No late commer in cryptocurrency  (Read 775 times)
Stalker22
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September 16, 2021, 10:08:42 PM
 #61

I only know bitcoin and Ethereum. I want to know where you get the new coin information and how to judge it as a good coin.

As the number of alternate cryptocurrencies increases, and many of the newest coins offer an opportunity to increase one's investment. Almost all new coins worth mentioning are listed on the CoinMarketCap website. CoinGecko is another method for finding cryptocurrency coins. However, there are also many risks associated with these coins, since it's difficult to predict which coins will attract the most attention. When it comes to investing in cryptocurrencies, it's best to put at least 70% - 80% of your investment in established coins like Bitcoin and Ethereum.

While it might be tempting to buy altcoins because they are cheaper, or because they are perceived to be cheaper by the market, this isn't the best approach. Make sure that you have a balance between more established and more mature coins in your portfolio.

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September 16, 2021, 10:19:55 PM
 #62

I only know bitcoin and Ethereum. I want to know where you get the new coin information and how to judge it as a good coin.

While it might be tempting to buy altcoins because they are cheaper, or because they are perceived to be cheaper by the market, this isn't the best approach. Make sure that you have a balance between more established and more mature coins in your portfolio.

For newbies its not advisable to buy new altcoins since they don't know how to diversify their portfolio yet and they are prone to get hype by their supporters that's why its really better to split up their investment on different coin at the top and do spot trades since most of the coins there have big potential and low risk since we now even if the price dump the chance to get up is high. That's why never follow to buy cheap or low cap coins since this is risky type of option what others do.

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September 16, 2021, 10:40:10 PM
 #63

It's true that it's never too late to enter the crypto world. the development of crypto is getting better and better and many new coins are popping up and have good prospects. everyone has their own time to be ready to enter the crypto world so we can't say that the person or ourselves have entered the crypto world too late. crypto has a long way to go and if we can manage it well i don't think it will disappoint. be a winner in yourself and make a goal so that we are more enthusiastic and careful.

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September 17, 2021, 03:18:52 AM
 #64

I don't believe in latecomers in Cryptocurrency only late comer investing in a particular coin, there are old investors that were late investing in the right project even if the project is getting a lot of buzzes, I missed investing in Solana a very good project which is getting a lot of good feedback last year, and I have a friend who in his first year as an investor made a profit from investing in Solana, it's not about late or new it's finding the right project to invest.

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September 22, 2021, 01:16:41 AM
 #65

I don't believe in latecomers in Cryptocurrency only late comer investing in a particular coin, there are old investors that were late investing in the right project even if the project is getting a lot of buzzes, I missed investing in Solana a very good project which is getting a lot of good feedback last year, and I have a friend who in his first year as an investor made a profit from investing in Solana, it's not about late or new it's finding the right project to invest.
The earlier you invest, the riskier it is. Nobody would have bought 1,000,000 BTC for 10,000€ when Bitcoin was 1 cent if their only holdings were 10K because it would have been super risky. From today's standpoint, everyone's like 'I'd have done it', but it doesn't work this way.
When your friend invested in Solana early on, it was simply a larger gamble than now, which is why he made more profit. But that was counterbalanced by higher risk.
If this wouldn't be the case, everyone would be a billionaire by now! Wink

Not every coin can or will 'moon', please keep this in mind everybody. There is a very real risk of coins going to 0, in fact, most coins go to 0, so be careful with altcoins.
Only because you haven't invested in cryptocurrency by now, doesn't mean you should throw everything into alts because of the feeling you're too late for Bitcoin.

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September 22, 2021, 01:25:46 PM
 #66

I don't believe in latecomers in Cryptocurrency only late comer investing in a particular coin, there are old investors that were late investing in the right project even if the project is getting a lot of buzzes, I missed investing in Solana a very good project which is getting a lot of good feedback last year, and I have a friend who in his first year as an investor made a profit from investing in Solana, it's not about late or new it's finding the right project to invest.
The earlier you invest, the riskier it is. Nobody would have bought 1,000,000 BTC for 10,000€ when Bitcoin was 1 cent if their only holdings were 10K because it would have been super risky. From today's standpoint, everyone's like 'I'd have done it', but it doesn't work this way.
When your friend invested in Solana early on, it was simply a larger gamble than now, which is why he made more profit. But that was counterbalanced by higher risk.
If this wouldn't be the case, everyone would be a billionaire by now! Wink

Not every coin can or will 'moon', please keep this in mind everybody. There is a very real risk of coins going to 0, in fact, most coins go to 0, so be careful with altcoins.
Only because you haven't invested in cryptocurrency by now, doesn't mean you should throw everything into alts because of the feeling you're too late for Bitcoin.

Yeah indeed not every coin will moon thats why we need to choose those projects who has a good roadmaps and been follow by them as well they have transparent devs which gives updates towards what currently happening unto their project.

If we believe on those shitty say mooning things then provably we will be at huge risk since there are so many scam coins around but atleast we may know how good or how big the potential of the project if we can see the devs heavily working out to make theie project good inline on what they are written on their whitepaper.

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September 22, 2021, 08:10:10 PM
 #67

Seriously I really like your post because also know about lots of people that have been complaining to me that they wish they have bought bitcoin when it was low, I believe that right it's very painful but I believe bitcoin price is still very low now and I believe in the next few years you if you don't buy now you will endup regretting why you did now buy bitcoin now because the price is still low. And for other coins new coins are entering the market on a daily basic, actually most of them are scam coin and some of them won't survive the market but if you can do your research there are still lots of coins you can buy now.

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September 22, 2021, 10:12:38 PM
 #68

...
In fact, there are still many people who always say about regretting not investing Bitcoin from last year or others.
This may be a choice but when we have done about it, just never regret it. just think about what we can do right now and prepare to do for the tomorrow or future.
Sometimes, regret will only make us feel bad and bad again every day. And this may also lead to some panic when we are really triggered to buy Bitcoin right now without any analysis and cosndieration.

And if we really want to invest in Bitcoin right now,make sure that we are really ready, not because of the hype that will lead us to follow other people to inevst

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September 23, 2021, 07:22:55 PM
 #69

we can understand their regret though. i mean, the earlier you enter the space, the earlier you can get profits. at least in theory.

just like the stock market, most early investors have a lot of opportunity to cast out after a year or two of public listing. But most of them also forget that early investment are more risky.

It depends on how dedicated you're and i believe asking questions from experts before starting will give you a better start to trading because you won't make the mistakes they made.
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September 24, 2021, 06:00:54 AM
 #70

Everyone knows when it’s not too late to learn about cryptocurrencies. However, I am still fortunate to know Bitcoin earlier and the knowledge of cryptocurrency. We cannot predict whether other altcoins will succeed, but we know that Bitcoin will not fail.
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September 25, 2021, 09:11:06 AM
 #71

Whenever I know, I learn real trading skills from losses. It is still at a loss.  :'(Maybe being late is an opportunity.
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September 25, 2021, 03:50:46 PM
 #72

I agree, as long as you are willing to hold and wait for the right time to sell for huge profit, then investing even at this moment is still not late. Being an early bird in bitcoin is a big advantage of course because your able to buy at a very cheap price, but if you sold very early with minimal profit, that doesn't make sense.   

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September 25, 2021, 06:04:01 PM
 #73

But irony is that most of us are running after BTC and other top alt coins of CMC, not many pay attention to what may be future gem. As buffet said, "buy when everyone fear to buy", it need balls to invest in coin that is new and yet to go on any exchange. Most of us want coin that already is on high price.

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September 25, 2021, 07:11:55 PM
 #74

No one knows the pregnancy that carries a king.
Thanks!

Wow.. I really  love this very statement  of yours. You have spoken like indeed an enlightened cryptoprenuer. Because not everybody  knows what you just said, and I will start buy mine from now hence forth. But one major problem, is the ability  to be able to identify  scan coins from the legit ones.

R


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September 26, 2021, 01:07:35 PM
 #75

I believe there is no latecomer for Bitcoin. Even though the price of Bitcoin is much more expensive than before, I am still ahead of most people, even if I just learned about Bitcoin.
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September 26, 2021, 04:21:29 PM
 #76

as it is said that it's never too late to learn the world of crypto, it only takes the willingness to learn in it. the world of crypto is growing and is increasingly known to many people as well and of course with this forum it can make it easier for beginners to learn basic things about crypto. what's wrong is if we don't want to try and don't dare to enter the crypto world while people have gone far ahead, and we still stop with that curiosity without getting into it. investing in crypto is a profitable thing especially if we can choose coins that have good prospects.
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September 26, 2021, 05:11:01 PM
 #77

...
In fact, there are still many people who always say about regretting not investing Bitcoin from last year or others.
This may be a choice but when we have done about it, just never regret it. just think about what we can do right now and prepare to do for the tomorrow or future.
Sometimes, regret will only make us feel bad and bad again every day. And this may also lead to some panic when we are really triggered to buy Bitcoin right now without any analysis and cosndieration.

And if we really want to invest in Bitcoin right now,make sure that we are really ready, not because of the hype that will lead us to follow other people to inevst

In hindsight, people should have invested into BTC 2-3 years ago when its price was stable around $4,000-$6,000. But who would have thought that its price would skyrocketed to what it is now?

Like what I previously mentioned to posts like these, the best time to enter into cryptocurrency is the time when you first discovered about it. Every single day that passes, a person misses the opportunity of taking advantage of BTC's price volatility in the market. Whether your goal may be short or long-term as long as you have invested, then there is that potential of doubling your profits in the few years to come.
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September 26, 2021, 06:33:22 PM
 #78

Newcomers or newbies who want to enter the world of cryptocurrency are not too late. just need to learn what cryptocurrency is and keep learning it. Sometimes beginners just have plans to enter but haven't done anything.
Like the first step to enter this forum. If newbies just go in to make money, then they won't last long.

We all know that the rules on this forum have been tightened to be able to rank up by getting merit from every comment given. Other members will judge how good the comments or threads we make.
Many beginners are not able to pass this rule so they do not want to continue learning in this bitcointalk forum. This forum is the first door that must be passed, if you want to know more about the world of crypto and investment.

Indeed, in this forum there is not only cryptocurrency knowledge, but there are many useful discussions that are able to develop our knowledge about cryptocurrencies and how to make good investments.

It's never too late as long as we still try and stay focused on the main goal.

R


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September 26, 2021, 07:34:42 PM
 #79

We all tend to get shortsighted when we get into the crypto bubble and fail to look at the big picture sometimes. The fact of the matter is that we all are not čate, we are actuaččystill super early in all of this. Late to getting rich by investing just 100$? Sure, but overall the implementation and widespread of crypto is still in its infancy, and 10 ro 20 years from now no one will be able to tell apart today's newcomers from early adopters.

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September 26, 2021, 08:18:29 PM
 #80

We all tend to get shortsighted when we get into the crypto bubble and fail to look at the big picture sometimes. The fact of the matter is that we all are not čate, we are actuaččystill super early in all of this. Late to getting rich by investing just 100$?

Yep, if they see the trend of the prediction line, those who say it's too late because the price is already expensive are wrong. Currently crypto is developing, the opportunity to improve the welfare of life through crypto is still open. They only learn enough by taking advantage of the moment, because it is this volatility of values ​​that we use to make a profit. Crypto will always be open to the public, as long as there are no rules and laws that prohibit it from being used.

R


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