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Author Topic: Where should I invest?  (Read 4571 times)
og kush420
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May 23, 2022, 12:03:23 PM
 #161

I think that one should do quite a comprehensive study before investing as there are so many good projects and not so much money. My advice is that you should invest in coins that are listed on great exchanges, as they do quite a bit of research before signing a coin.
That's a good suggestion - the region you live in - might have a different investing opportunities.
Which people form different countries might not be well aware - do a bit of research and make a move. Once you make a decision - stick to it!

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May 23, 2022, 02:19:49 PM
 #162

I think that one should do quite a comprehensive study before investing as there are so many good projects and not so much money. My advice is that you should invest in coins that are listed on great exchanges, as they do quite a bit of research before signing a coin.

There's a lot of project being created every single day, all of it will promise you that their token is worth to buy, but for me? especially this bear market it is better to but top coins in the market such as bitcoin and eth. If you are new in crypto everything should be study first before investing, a proper knowledge can be a key for better future in trading.
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May 23, 2022, 04:18:38 PM
 #163

I think that one should do quite a comprehensive study before investing as there are so many good projects and not so much money. My advice is that you should invest in coins that are listed on great exchanges, as they do quite a bit of research before signing a coin.

There's a lot of project being created every single day, all of it will promise you that their token is worth to buy, but for me? especially this bear market it is better to but top coins in the market such as bitcoin and eth. If you are new in crypto everything should be study first before investing, a proper knowledge can be a key for better future in trading.

where to invest, of course, have different assumptions, especially with sensitive bear market conditions. for today I prefer to invest in stable coins as an initial deposit base to choose the right coin. I think there is no need to rush into investing in crypto before you really understand it properly.

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May 24, 2022, 05:35:20 AM
 #164

I think that one should do quite a comprehensive study before investing as there are so many good projects and not so much money. My advice is that you should invest in coins that are listed on great exchanges, as they do quite a bit of research before signing a coin.

I think your suggestion is very reasonable and good. but further analysis is also needed for coins that are already listed on the exchange. because remembering the tragedy that befell Terra Luna. but still it is much safer on coins that are already listed on the exchange. rather than new projects that keep popping up every day. and very difficult to find a project that is really serious about the project. because most of them are just to cheat. ie they leave the project abandoned and do not meet the roadmap or what is written in the whitepaper.
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May 24, 2022, 02:19:38 PM
 #165

There's a lot of project being created every single day, all of it will promise you that their token is worth to buy, but for me? especially this bear market it is better to but top coins in the market such as bitcoin and eth. If you are new in crypto everything should be study first before investing, a proper knowledge can be a key for better future in trading.
where to invest, of course, have different assumptions, especially with sensitive bear market conditions. for today I prefer to invest in stable coins as an initial deposit base to choose the right coin. I think there is no need to rush into investing in crypto before you really understand it properly.
At first thought, what you have said looks not right since stable coins are stable and not volatile, and the reason why we invest in crypto is because they are volatile but if we will only think about, there are now a couple of ways to make a profit out of stable coins (staking for example).

This is good for the newbies that have just started and are still doing their own research about cryptos and if which are best to get in different situations. It allows them to earn at an early stage while learning at the same time. They didn't waste any of their precious time upon doing this. No need to rush because the bears looks like they are going to stay for a much longer time.

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May 26, 2022, 02:42:58 AM
 #166

thanks to the OP for creating this topic. this is very useful for me who is new to crypto. I have learned from the content and replies in this topic. at least this provides an overview and experience that I can use as a lesson and reference to start my trading in crypto.
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May 26, 2022, 02:59:26 AM
 #167

As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.

Since you are a newbie, it is difficult to give advice on which coin to invest in. Because the rule of investing is not to invest on anyone's advice, only invest after you have done your own research.

For a newbie, I recommend you to consider investing in bitcoin, as it is the mother of all altcoins and the one who determines the market's trend. With a small supply and growing demand for bitcoin holdings, you shouldn't be too worried that bitcoin won't rise in price. The value of bitcoin in my opinion is still very low compared to the benefits it brings, so bitcoin is always the safest and most worthwhile cryptocurrency to invest in.

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May 26, 2022, 08:26:36 AM
 #168

thanks to the OP for creating this topic. this is very useful for me who is new to crypto. I have learned from the content and replies in this topic. at least this provides an overview and experience that I can use as a lesson and reference to start my trading in crypto.
You've got plenty of resources already from the suggestions of everyone. As you start, do not be rush into making a profit and understand that it's not easy at the beginning.

You may fail at the start and think of that as something expected but with the learnings you'll find there, that will be a worth it experience that you shall apply if ever you chose to continue further.

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May 30, 2022, 07:05:28 PM
 #169

thanks to the OP for creating this topic. this is very useful for me who is new to crypto. I have learned from the content and replies in this topic. at least this provides an overview and experience that I can use as a lesson and reference to start my trading in crypto.
You've got plenty of resources already from the suggestions of everyone. As you start, do not be rush into making a profit and understand that it's not easy at the beginning.

You may fail at the start and think of that as something expected but with the learnings you'll find there, that will be a worth it experience that you shall apply if ever you chose to continue further.
Patience is the key . Whatever is the domain. Read - discuss and learn more. Crypto is a very technical field. There are a lot of thing which may happen out of nothing. So be careful dont put your eggs in the same basket.
It's good to be in company of learned people who can guide you well.

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May 30, 2022, 10:45:12 PM
 #170

thanks to the OP for creating this topic. this is very useful for me who is new to crypto. I have learned from the content and replies in this topic. at least this provides an overview and experience that I can use as a lesson and reference to start my trading in crypto.
You've got plenty of resources already from the suggestions of everyone. As you start, do not be rush into making a profit and understand that it's not easy at the beginning.

You may fail at the start and think of that as something expected but with the learnings you'll find there, that will be a worth it experience that you shall apply if ever you chose to continue further.
Patience is the key . Whatever is the domain. Read - discuss and learn more. Crypto is a very technical field. There are a lot of thing which may happen out of nothing. So be careful dont put your eggs in the same basket.
It's good to be in company of learned people who can guide you well.

    Absolutely Yes patience will guide us to continue and wait. But before that we must learn crypto before we invest to avoid any losses in your invest.

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May 30, 2022, 10:51:46 PM
 #171

As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.
Investing in Bitcoin now will be a big opportunity now that the market is down and we are still anticipating on the price to bullish before the end of this year. If you can see ahead of you, then I will suggest you give bitcoin a try because the cryptocurrency market is the best investment one can count on in the market especially if we are investing for a long term.  It also depends on the kind of investment you are looking at whether long term investment or short term one. If it is a long term investment, then I think Bitcoin will be a good idea.

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May 30, 2022, 10:59:56 PM
 #172

I think that one should do quite a comprehensive study before investing as there are so many good projects and not so much money. My advice is that you should invest in coins that are listed on great exchanges, as they do quite a bit of research before signing a coin.
Research is a must before buying any coins. Whatever the amount of money we have, don't hurry to buy without deep analysis.
You are right that the coins listed on established or reputable exchanges are the priority. If the coins are listed on the exchanges like Binance, it means the developers or teams have good quality and they are serious to run the projects. Binance won't accept bad coins to list, they have some standards. And the developers must pay big money to list on exchanges. Only a serious project to list the tokens there.


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June 02, 2022, 08:48:52 PM
 #173

I think that one should do quite a comprehensive study before investing as there are so many good projects and not so much money. My advice is that you should invest in coins that are listed on great exchanges, as they do quite a bit of research before signing a coin.
Research is a must before buying any coins. Whatever the amount of money we have, don't hurry to buy without deep analysis.
You are right that the coins listed on established or reputable exchanges are the priority. If the coins are listed on the exchanges like Binance, it means the developers or teams have good quality and they are serious to run the projects. Binance won't accept bad coins to list, they have some standards. And the developers must pay big money to list on exchanges. Only a serious project to list the tokens there.


Find some local business - if you have an extra space in your home invest in Airbnb, rent your room and earn some extra money.
Or invest in plant business - it is fastest growing business - although its slow but its worth investing.

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June 04, 2022, 05:43:32 PM
 #174

I think that one should do quite a comprehensive study before investing as there are so many good projects and not so much money. My advice is that you should invest in coins that are listed on great exchanges, as they do quite a bit of research before signing a coin.
Research is a must before buying any coins. Whatever the amount of money we have, don't hurry to buy without deep analysis.
You are right that the coins listed on established or reputable exchanges are the priority. If the coins are listed on the exchanges like Binance, it means the developers or teams have good quality and they are serious to run the projects. Binance won't accept bad coins to list, they have some standards. And the developers must pay big money to list on exchanges. Only a serious project to list the tokens there.



I agree with this. One must thoroughly research first before making any kind of investment. An in depth research must be done to ensure that your money won't go to waste. Deciding impulsively could cost you big time. Because maybe instead of profiting, you'll end up losing if you're not knowledgeable enough about what you are planning to enter. Risk assessment is a must and so is risk management.

If you plan to invest in other cryptocurrency aside from bitcoin, make sure to check the developers background as well as their project paper. This is to safeguard your asset in case you plan to really invest on it. There are many coins that are being hyped only to find it crashing afterwards. Anyone must be wary of shilling. Do not be so fearful and greedy when it comes to investing.
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June 04, 2022, 09:18:46 PM
 #175

As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.
Investing in Bitcoin now will be a big opportunity now that the market is down and we are still anticipating on the price to bullish before the end of this year. If you can see ahead of you, then I will suggest you give bitcoin a try because the cryptocurrency market is the best investment one can count on in the market especially if we are investing for a long term.  It also depends on the kind of investment you are looking at whether long term investment or short term one. If it is a long term investment, then I think Bitcoin will be a good idea.

Actually, if we can analyze the market well, we can find out which projects are worth buying. Especially in a bear market situation like now,
it's very risky if we choose the wrong project. Especially for newbies or people who are less knowledgeable about the crypto world, it seems
that they really have to focus on investing in Bitcoin. Where Bitcoin is proven to be safe as an investment choice, especially if from the start
we were planning a long-term investment. There is no need to hesitate for long-term investments in Bitcoin, because we can learn from Bitcoin
price movements, which Bitcoin often gives us big profits if we can be patient holding Bitcoin in the long term. Although Bitcoin is a safe asset
to buy, because of its volatile movements, make sure we invest money that we can afford to lose. So that we don't panic when the Bitcoin price
doesn't move according to our expectations.

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June 04, 2022, 11:50:33 PM
 #176

Find some local business - if you have an extra space in your home invest in Airbnb, rent your room and earn some extra money.
It's a booming business, the rent economy is becoming bigger and keeps on growing. You need to plan it well so that it will be attractive to the customers, this is another business that I'll start if my crypto investments bear fruits.

Or invest in plant business - it is fastest growing business - although its slow but its worth investing.
It's a good business but you should also like what you do. Not just you'll enter because somebody said that it's profitable but you have zero knowledge of it. It's better to not pursue such business or investment that you don't know about. If OP is in doubt of investing in bitcoin, he should think of it because it will always be profitable if you're not a short term minded person.

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og kush420
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June 11, 2022, 08:44:24 PM
 #177

Find some local business - if you have an extra space in your home invest in Airbnb, rent your room and earn some extra money.
It's a booming business, the rent economy is becoming bigger and keeps on growing. You need to plan it well so that it will be attractive to the customers, this is another business that I'll start if my crypto investments bear fruits.

Or invest in plant business - it is fastest growing business - although its slow but its worth investing.
It's a good business but you should also like what you do. Not just you'll enter because somebody said that it's profitable but you have zero knowledge of it. It's better to not pursue such business or investment that you don't know about. If OP is in doubt of investing in bitcoin, he should think of it because it will always be profitable if you're not a short term minded person.
That is correct AIrbnb is a booming business - it requires a little investment and helps a good return if you are a good money manager. I am not very good in money dealing so I face trouble sometime. But then again - I always learn from mistakes and move fwd!

nakamura12
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June 11, 2022, 10:12:27 PM
 #178


It's a good business but you should also like what you do. Not just you'll enter because somebody said that it's profitable but you have zero knowledge of it. It's better to not pursue such business or investment that you don't know about. If OP is in doubt of investing in bitcoin, he should think of it because it will always be profitable if you're not a short term minded person.
Why would op doubt in investing Bitcoin?. After all, BNB and other crypto are made because of Bitcoin so I would say Bitcoin should be the first choice if doubting to invest in other crypto. Even if you don't know about it but still you can invest in it after you made some research if it is worth to invest or not. Research will help you determine if it is a scam or not except for new projects that the chance of it being a scam project is very high.

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iv4n
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June 11, 2022, 10:47:44 PM
 #179

Quote
Where should I invest?

I guess this is a great example of a young person entering the world... you just ask a question and someone will magically appear and answer "invest in "XXXX" and you will become a millionaire tomorrow!

I'm not sure where to begin... maybe with "invest in what you believe in"!!! Like when explaining to a little kid! Let's generalize a bit here, for the investment you need to have some capital! Capital is what you have to offer! Think about what you have to offer! Then think about your goals and what you want to achieve, and is there a period of time in which you wish to achieve your goal?! When you answer these basic questions start looking around, and when you find something suitable work for it! Work like getting in a dip dive, spend time checking it from all angles, and get interested as much as you can! If you have a plan it will be a lot easier for you in the long run... it will be a lot easier to find a good investment once you find out how the game works!

Or you can try to gamble and invest blindly in sound projects! That can be good, and probably many people made a lot of money by investing blindly in some new projects... but be sure that doesn't last long, a lot more people got burned with these kinds of strategies!

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milewilda
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June 11, 2022, 11:06:11 PM
 #180

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Where should I invest?

I guess this is a great example of a young person entering the world... you just ask a question and someone will magically appear and answer "invest in "XXXX" and you will become a millionaire tomorrow!

I'm not sure where to begin... maybe with "invest in what you believe in"!!! Like when explaining to a little kid! Let's generalize a bit here, for the investment you need to have some capital! Capital is what you have to offer! Think about what you have to offer! Then think about your goals and what you want to achieve, and is there a period of time in which you wish to achieve your goal?! When you answer these basic questions start looking around, and when you find something suitable work for it! Work like getting in a dip dive, spend time checking it from all angles, and get interested as much as you can! If you have a plan it will be a lot easier for you in the long run... it will be a lot easier to find a good investment once you find out how the game works!

Or you can try to gamble and invest blindly in sound projects! That can be good, and probably many people made a lot of money by investing blindly in some new projects... but be sure that doesn't last long, a lot more people got burned with these kinds of strategies!

Thats why its never been recommendable nor an ideal thing for you to listen up others suggestion specially if it do emphasize particular projects or something thats not really known.
If you arent that sure then you could always stick with bitcoin but if you could take risk on other coins then go ahead and be wise on choosing.Its up to your own discretion and preference
because its your money then its your right to choose but its not bad to snip out some good or relevant ideas came from other people but be wise on when to snip out.
Invest on something which you do see to be that worth.

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