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Author Topic: Is it the right time to invest in cryptocurrencies?  (Read 2046 times)
judaspriest
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December 30, 2021, 07:33:10 AM
 #121

I think its right but according to my experience every time is best because many time your buy a token and these token suddenly high there price and you receive a huge amount profit in a very short time but some time you invest and the price is down so that is market and these thing are face many times for investor so invest must in a great project and the other point is that be patient and wait for market up so sell there token.
More or less that's the cycle and one thing that is important is before buying or investing make sure you have searched for information and done research,
that way at least we know what we chose and it was the right decision

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December 30, 2021, 09:35:55 AM
 #122

I think its right but according to my experience every time is best because many time your buy a token and these token suddenly high there price and you receive a huge amount profit in a very short time but some time you invest and the price is down so that is market and these thing are face many times for investor so invest must in a great project and the other point is that be patient and wait for market up so sell there token.
More or less that's the cycle and one thing that is important is before buying or investing make sure you have searched for information and done research,
that way at least we know what we chose and it was the right decision
You're right. You should make a thorough research first on the background of the coins before you decide to invest in it, if it has good potentials to grow or they are more like shitcoins in the end. But it will always be a good time to invest when you see prices are dumping or having a short correction that made the prices to decline. And right now, i would say that its a perfect time to invest particularly with bitcoin and some main altcoins. Currently they are in dump but we know that they will always skyrocket when the market starts to be bullish again.
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December 30, 2021, 09:57:49 AM
 #123

I think its right but according to my experience every time is best because many time your buy a token and these token suddenly high there price and you receive a huge amount profit in a very short time but some time you invest and the price is down so that is market and these thing are face many times for investor so invest must in a great project and the other point is that be patient and wait for market up so sell there token.
More or less that's the cycle and one thing that is important is before buying or investing make sure you have searched for information and done research,
that way at least we know what we chose and it was the right decision
You're right. You should make a thorough research first on the background of the coins before you decide to invest in it, if it has good potentials to grow or they are more like shitcoins in the end. But it will always be a good time to invest when you see prices are dumping or having a short correction that made the prices to decline. And right now, i would say that its a perfect time to invest particularly with bitcoin and some main altcoins. Currently they are in dump but we know that they will always skyrocket when the market starts to be bullish again.

If we look at the declining market now, this is the right time to invest in crypto. But indeed not all coins are worth buying, even most of the coins
in circulation are shitcoins and dangerous to buy. Because if we choose the wrong coins for investment, then we will only waste the capital we have.
So it is better to do research and analysis before we decide to invest, so that we can determine which coins are potential and can generate large
profits in the future. Unfortunately most people are lazy to do their own research and analysis, they prefer to join trading groups, which sometimes
gives inaccurate signals. That is the reason why there are still many people who experience losses when investing in crypto. Because they do not
believe in their own ability to conduct research and analysis, they trust the opinions of others more, where the opinions of others are not guaranteed
to be accurate.
 

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December 30, 2021, 05:32:40 PM
 #124

Investing is always made when the value of something drops. Currently, cryptocurrencies are on the eve of a huge drop. There is no better opportunity for investment than this. BTC has lost 8%, BNB has lost 6%, ETH has lost 8%. altcoins, on the other hand, have up to 30% depreciation. value lost = gain gained. Of course if you buy now.
And all of those happened because of the drop that bitcoin did.

You're right that it's time to buy and people take it for granted because that's what they feel when they see the market is on red.

They don't take that opportunity of buying because they think that it's not a good time and, there's not that much action.

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December 30, 2021, 07:17:04 PM
 #125

Right. The advice to invest in cryptocurrencies is true when the pandemic conditions hit and BNB is one of the right cryptos to invest in. Actually, investing is not only in the cryptocurrency space that we can do, we can also invest in other sectors, but in my opinion investing in cryptocurrencies is very transparent and challenging.
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December 30, 2021, 08:15:56 PM
 #126



The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?
It's time to buy the dip
I'm looking for PlayToEarn Metaverse projects and AgeOfTanks looks so promising
https://coinmarketcap.com/currencies/age-of-tanks/
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December 30, 2021, 11:18:40 PM
 #127



The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?
It's time to buy the dip
I'm looking for PlayToEarn Metaverse projects and AgeOfTanks looks so promising
https://coinmarketcap.com/currencies/age-of-tanks/
It is a way good looking and wish you the best. I'm also in the search of what metaverse projects are worth trying (just trying) as I was still investing in the leading coins in the market.
And as we have this short correction, it is our chance to make an investment. Though we can't say that it was a perfect time, at least, we have the opportunity to buy them at cheap prices, I think that was important and we can be sure that it gives us ROI once the market recovers from the dip.

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December 30, 2021, 11:53:56 PM
 #128

I think that everyone who has known the cryptocurrency market for several years has the same opinion. You don't invest in cryptocurrencies when the price is close to ATH. In my opinion, the recent drops mean further price drops, so I advise against investing in crypto people who want to invest in cryptocurrencies for the first time.
Wait a few days or even a few weeks, then the situation will clear up and we will be sure if it is an uptrend or a downtrend.

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December 31, 2021, 05:01:41 AM
 #129



The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?
Binance takes no time to invest, you should buy this coin will al respect at any time because if there is a currencies that has a huge potential in future ? this is Binance coin(BNB)
this is supported by a big majority of investors and also backed by biggest exchange of cryptocurrency now.
Right. The advice to invest in cryptocurrencies is true when the pandemic conditions hit and BNB is one of the right cryptos to invest in. Actually, investing is not only in the cryptocurrency space that we can do, we can also invest in other sectors, but in my opinion investing in cryptocurrencies is very transparent and challenging.


with the low price now? 


https://coinmarketcap.com/currencies/binance-coin/

Yes BNB is safer and best choice , imagine valuing 500 dollars now and may climb to 1000 dollars or more next year?

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January 02, 2022, 07:28:57 PM
 #130

I think you can go for it. Economic Situation wasn't good enough in previous year but crypto market showed us impossible success by recording ath matter & also optimistic for this year. Well you are suggested to invest on bnb, which is good suggestion by everyone. Binance enables launchpools, metaverse, launchpads, Nft and bnb space keep getting bigger daily. So it has huge potential. Besides matic, sovryn, axie Infinity could be best as well

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January 03, 2022, 08:33:34 PM
 #131

Despite all this uncertainty, I am still hopeful for BNB coin. BNB will appreciate as long as cryptocurrencies are accepted in the market.

Can you share the clear information you get about BNB? Do you have an estimated time frame? In which period would it be more logical to invest? Could you please clarify a little more.
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January 03, 2022, 08:58:13 PM
 #132

I think that everyone who has known the cryptocurrency market for several years has the same opinion. You don't invest in cryptocurrencies when the price is close to ATH. In my opinion, the recent drops mean further price drops, so I advise against investing in crypto people who want to invest in cryptocurrencies for the first time.
Wait a few days or even a few weeks, then the situation will clear up and we will be sure if it is an uptrend or a downtrend.


Actually, it was a very correct comment and direction. Thank you for your valuable sharing. This is the conclusion that I followed and finally came to! At least waiting stably without investing until the FED meeting. You are super!
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January 03, 2022, 10:10:02 PM
 #133

I think you can go for it. Economic Situation wasn't good enough in previous year but crypto market showed us impossible success by recording ath matter & also optimistic for this year. Well you are suggested to invest on bnb, which is good suggestion by everyone. Binance enables launchpools, metaverse, launchpads, Nft and bnb space keep getting bigger daily. So it has huge potential. Besides matic, sovryn, axie Infinity could be best as well
I would agree that BNB has made great developments in the past and should be given high consideration to be on top of our list in filling our portfolio. Not just with main altcoins, but even for bitcoin, i know this is a good time to invest in it while the price has not reached its new ATH so its always  a perfect time to start it hodling. Although the market seems to be very unpredictable at the moment, either it goes bullish or bearish after this correction, but as long as we see dips happening in the market, then it will always be a good time to enter the market.

As long as the market still shows a price drop like now, it means now is the right time to buy potential coins. Moreover, if we can do research
and analysis properly, then we can find good coins to buy. Because not all coins are worth buying, there are some coins whose prices have dropped
but are at risk of not recovering. So be careful choosing coins to buy, I highly recommend popular coins such as BNB, ETH and ADA to buy now.
And also never forget Bitcoin, because buying Bitcoin should be a priority, after all Bitcoin is the best coin until now. Hopefully, in 2022,
cryptocurrency performance will be even better, because the popularity of crypto is increasing every year. The more new people who decide
to invest in crypto, the better for cryptocurrency development.

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January 04, 2022, 01:27:27 AM
 #134

Can you share the clear information you get about BNB? Do you have an estimated time frame? In which period would it be more logical to invest? Could you please clarify a little more.
BNB is a coin that there is no need to doubt, for a very small example you can see how the Binance exchange and the BSC network are developing, so I think these two things are enough to serve as examples and considerations for everyone who will choose BNB

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January 04, 2022, 12:36:59 PM
 #135



The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

there are many types of cryptocurrency that have the potential to increase in value in the future. Do your research and study carefully the tokens/ coins you want to invest in. But you must first know the risk of investing in cryptocurrencies.

Even if you say that you have money and can afford to invest in any crypto, if you don't study it well, you can lose all the hard-earned money you invested in crypto.

It is also important that you know the security of the crypto wallet you use because there is a high risk of your account being hacked if the wallet you use is not secured.
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January 04, 2022, 01:04:12 PM
 #136

Actually, it was a very correct comment and direction. Thank you for your valuable sharing. This is the conclusion that I followed and finally came to! At least waiting stably without investing until the FED meeting. You are super!
If it can be very profitable to wait, then obviously there is no harm in waiting and seeing what actually happens after the FED is over, which is clear I am still very confident that the market will continue to improve again this year.

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cliber
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January 04, 2022, 04:23:05 PM
 #137

Binance Coin (BNB) is indeed a good coin and its potential in the future will also be good. The BNB hold must meet the target and I hold it at 30% of the current price. When it is achieved. At least in 2022 my target on BNB can be achieved.
In 2022 it is still not completely certain whether BNB will continue to improve or not because there are several issues that next year there will be the use of other better and more profitable networks such as Matic so that this will become a new competition for BNB even though Matic will not win right away in this case.
The competition will still be there and I think that is good for the development of a coin like BNB.
If there are so many uses of BNB today, how else should people believe that the potential of Binance Coin (BNB) will be good in the future, especially in 2022. Indeed, things that are impossible to happen can happen.

soureden (OP)
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January 04, 2022, 07:15:10 PM
 #138

There is some activity in ETH right now. This momentum could result in 10% growth. I saw a commenter write that the Bear season has moved on. But I definitely think we are in Taurus.
milewilda
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January 04, 2022, 10:23:25 PM
 #139

There is some activity in ETH right now. This momentum could result in 10% growth. I saw a commenter write that the Bear season has moved on. But I definitely think we are in Taurus.
10% growth doesnt indicate that the trend is changing yet i would rather see it as a normal day here on crypto space but doesnt indicate that we are changing on bull run but well its not
an assurance because no one could predict out on what would happen on this year 2022 if we do see new ATHs or we would experience long bearish trend which hopefully that wont
happen on this year or more years to come.We do need more adoption and recognition and this is where we should focused on because price would go along
as we do see these factors do rises up.

soureden (OP)
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January 08, 2022, 11:28:41 AM
 #140

I generally act like this when investing. I set aside a budget for myself, I invest some of my budget. If the crypto I traded has lost value, my next purchase will be the crypto whose value has decreased the most.
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