Tips for newbie to long-term investing

[a.amt94]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

EDIT

I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

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[a.amt94]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

[GreatArkansas]

(.....)
My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

You should be careful also what you are accumulating. There are a lot of shitcoins right now.
Another thing is to identify your goal or price target especially if you are trading, or you want to make profits along the way or it depends if you don't want to sell or take profits.

I think what you mentioned is considering a Dollar Cost Averaging (DCA) which is also a good way for long-term investment these days, just make sure you will have strong hands and avoid panic.

[bitzizzix]

If you make regular investments every month or every time you receive a paycheck from work, it is a very good choice and it is a DCA like the first one I invested in that only relies on a monthly salary that has been set aside.
do it after you meet all your needs from your salary and the rest you invest, and I prioritize bitcoin and some altcoins after doing some research especially the top altcoins.

[Apocollapse]

First you need to choose the best coin for long term investment, it will be Bitcoin since it has been proven already survive for 13 years. All coins except Bitcoin is just a shitcoins and it's not good for long term holding because many creator is just looking for profit and then run away with investors money. Even Monero is a good altcoin, but I have to disagree to hold it for long term due to it's privacy concern.

Start DCA and bought the dip with any money you can afford to lose, you shouldn't and never use any emergency money.

[Lucius]

You should be careful also what you are accumulating. There are a lot of shitcoins right now.

That's right, all projects now go with the same story - "buy now cheap, profit in 2-3 years", although a good part of these projects will fail by then. Although I can't be sure exactly what the OP means when he mentions investing in cryptocurrencies, but I guess it's not just Bitcoin - we all know that altcoins are especially risky in the long term, especially these new projects that appear like mushrooms after the rain.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

Do not fool yourself that you can successfully detect when the crypto market will reach the bottom, because it may have already touched it without us being aware of it at the moment. If you don't want to go completely with DCA, maybe it would be best to find a compromise and save part of the money for a possible new bottom, and use part of it to buy every month regardless of the price?

Regardless of which strategy you decide, do not lose sight of the security of what you invest in, which means ensuring safe storage in the form of a cold wallet, or perhaps a hardware wallet.

[jackg]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

Bringing emotions into trading isn't a good idea though.

If you do that you're likely to turn your trading into gambling and cause a lot more problems for yourself. If you expect to buy and hold for a long period of time - dca into bitcoin.

If you have all the money now that you would dca, I'd split it into 4-10 pots and invest in dips, if you don't or you think that'll be any level of stress then invest a certain amount every month or every quarter.


Similarly to "we could've already seen the bottom and just don't know it" - we could see the bottom (or close to it again) there's a good chance of that and something you should prepare for (and dcaing might be the best strategy to do that with).

It might also be advisible to split up where your funds are going for example if instead you invest half your investment in crypto and the other half in a stock index to diversify your portfolio a bit more and make you feel a bit safer in investing.

[taufik123]

invest money that you don't use for anything, and are ready to lose. Do not use money, money will still be used for your future life.
A good decision if you want to start investing in crypto again by setting aside a portion of the salary you receive every month.

A bear market like now is the right time to enter, you just need to learn how to read charts with technical analysis because it's very important, it's the basic knowledge you need to know before investing.

Don't invest blindfolded or without trading knowledge.
Long-term investment is a good step to get maximum results.

[rozak]

But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

depending on the assets you want to collect. in a long-term investment, I think you don't need to think too much about the base price. just collect some according to your ability. and plan well.
when you see another dump happen, you can buy it again according to your ability. and do your long-term investment planning again. If you look at the history of the crypto market, I think you can plan your long-term investments more wisely.

[passwordnow]

Either will do. You're for the long term so the price right now won't matter whether you do DCA every week or you buy a bag during the considered dip and bottom of this market.
What's important is you know what you're doing and you have a plan of accumulation and you have the budget. Without a budget, this all will just be a plan that you don't know when to execute. So IMO, buy when you think that it's the right time whether you think it's the bottom or you do continuous accumulation.

[Fivestar4everMVP]

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

First of all, congratulations on your job, i hope you find good happiness and fulfillment in it.
First, choosing to invest part of your monthly salary in crypto is a good idea, but you must always have in mind the golden rule of crypto which states that one should only invest as much as he or she is willing to loose, make sure to always have this at the back of your mind so you dont end up investing too much or more than you can coup or be patient with.
And i believe you already know that you cant just go around buying anything called crypto, you have to know how to choose legitimate once to buy so you don't go investing in a project waiting to either fail, or get abandoned or even rug pull on its investors, i suggest you start your buying spree on coins in the top 50s on coinmarketcap.
So aside the above, that is knowing your left from your right, i think your strategy is ok since it enables you buy even at a lower rate in this time every coin seems to be going down in price. 

[salad daging]

• Tips to overcome fear crypto investment and reason to invest for newbies
• BUY & HODL - is the surest strategy for crypto beginners
• How to DYOR in investing

You should learn the things above maybe it's a little helpful for your reference before starting a long-term investment.

There are many strategies that can be implemented in your investment but all of them need to do deeper research, therefore as a beginner who wants to invest long term then you have to be a little careful as possible to buy the top coins is not a problem because they have active trading and the volume is large, but now there are lots of shitcoins that are busy you shouldn't fall there, if the goal is long-term investment then buy a coin with potential for example Btc, Eth, Bnb and several other coins that you can trust.

[Silberman]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

What you were doing before is called dollar cost averaging and taking into account your relatively inexperience in this market and markets in general I think that was the right strategy for you, buying at the bottom of the market may seem like the best option and I think as well we are yet to see it, but at the same time due to your inexperience it is going to be very difficult for you to implement that strategy, so if I were you I will keep your current strategy and buy bitcoin whenever you have some spare cash available.

[Finestream]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

Do not invest all your hard earned money because even if crypto investment is very enticing, still there are no guarantee for profits particularly if you want quick funds in times of unpredictable emergency cases. Just take a portion of your salary and do DCA so that you can make a good purchase in every bitcoin price dips. Also, always invest what you can afford to lose, and never use those funds intended for your bills or other necessities.

[justdimin]

But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

depending on the assets you want to collect. in a long-term investment, I think you don't need to think too much about the base price. just collect some according to your ability. and plan well.
when you see another dump happen, you can buy it again according to your ability. and do your long-term investment planning again. If you look at the history of the crypto market, I think you can plan your long-term investments more wisely.

This is how people should approach to long term investment. I mean if you do that with Luna then you had a trouble but if you are not doing it with something that will go to zero, then why would you be worried about it at all? Just get bitcoin or ethereum and keep buying it when you get some more money to spend. I once did this with food and entertainment, wasn't sustainable.

But, whenever I wanted to order something like McDonald, or pizza, or whatever, or when I want to go see movies or anything like that, I just took that money and put it on bitcoin instead. Of course you get bored of it eventually, but for 2 months I saved more money than I usually save. This is how I approach things now.

[tranthidung]

First, when I read your topic title, I thought you have some tips for newbies. After reading your topic, you're looking for advice from others.

You should read following topics and improve your topic title next times.

• Make your topic title, posts more attractive
• Topic title style guide

now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision?

Don't time the market. If you think the market now is in bottom, what will you feel if it is not a bottom at all, in next few months?

First, you will have unexpected disappointment, negative feeling, etc.
Second, if you have wrong mind at beginning, you might make stupid bad (like loan huge money to bet, use high leverage to bet)

The market is in accumulation time and you still have lot of time to make your accumulation. Just don't bet and don't time the market.

[gunhell16]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

Actually the plans you have in mind about this cryptocurrency are good. Then those things that you are planning to reduce your income from your salary that you will buy another crypto and then you will hold and sell it only at the right time it will increase and have an income is a very good plan, and I think you are not the only one doing that, but there are also other employees who believe crypto does what you do. Just go with what you are thinking and you can say that it was a wise decision and the right choice as a crypto enthusiast.

[xSkylarx]

The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

No one can predict the bottom so what you've been doing is the perfect approach for me. Price has been continuously dumping over the past months so basically you are dollar-cost-averaging(DC) with your monthly salary. If you think cryptos could go lower at this point then you can leave half the portion of your salary then stack it until the price you want to buy reach it. Continue doing it until the next bull run and you can be one of those successful people in crypto.

[Nrcewker]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

The main thing you should consider while thinking for long term is a good and stable coin.
You don't wanna end up losing all money by choosing a wrong coin like Luna etc.
So it will be best if you go for something best and solid, and here BTC or ETH comes in place. The reason for which you can choose any one from this two is due to it's popularity  and marketcap.
And as you have thought for long term my friend, then I would advise that don't often see the price charts. Check the price once in a year and accordingly cash out.
Hope this helped you mate.

[Smack That Ace]

Good strategy, deducting a part of salary to collect monthly is very good and suitable for those who do not have much money to invest. What is more important is what coins are you accumulating, I advise you to avoid collecting junk coins since it will make your investment useless.
Should remember to extract a moderate amount so as not to affect the current life because in investing in addition to the risk of value, we also face risk from hackers and many other reasons so please invest ready to lose.

[GiftedMAN]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

Since you are thinking of a long-term investment, I will suggest you diversify your portfolio but Bitcoin should be your major concentration because if you buy now that the price is down, you will be able to make a profit when the price is up again but remember no one can predict when the bear will end so your investment should not be done with all you have got so you don't end up not making gain and lossng your capital. Always invest with the amount you can afford to lose, good luck.

[Hypnosis00]

Experience is the best teacher. Some got trapped last year as they are investing during the ATH and it is certainly a big loss for them if they sell it now.
I hope they all become like you despite the tragic losses due to some emergency that forces you to sell your asset you still see the fortune upon staying in crypto. And you did it right, this season is the best time to start in crypto investment, however, you have to keep in mind the risk of putting all your money in crypto as you can't simply think about profiting fast as it only happens when the market recovers back which it takes time.

[danherbias07]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Accumulate what you can or diversify in what you feel is the most important for you.
As for me, I'd save Bitcoin in a higher percentage than Ethereum.
My guts tell me it would be increasing again in a few more years so better stock as much as I can handle. Long-term potential is not a problem for it. It will happen someday.
I just don't want to be back to that feeling of regret where I accumulated a lot of BTC but spent it due to panic and other financial circumstances.

[Mahanton]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Accumulate what you can or diversify in what you feel is the most important for you.
As for me, I'd save Bitcoin in a higher percentage than Ethereum.
My guts tell me it would be increasing again in a few more years so better stock as much as I can handle. Long-term potential is not a problem for it. It will happen someday.
I just don't want to be back to that feeling of regret where I accumulated a lot of BTC but spent it due to panic and other financial circumstances.

You would definitely able to learn all possible things along the way when you did really gain that experience and it is indeed taking years before you would able to have a good grasp into this market.
It wont really be for everybody but doesnt mean that it would be impossible for someone to attain on.Everyone starts on being a noob but eventually with the errors and mistakes that we do experience
then this is where learning sets in and until the time comes that you would really be that knowledgeable and experienced enough on handling yourself into this very unpredictable market.
Neither you would be going for long term or short term it wont matter since you do have the skills and awareness already then you could easily make out decisions basing on what you are currently facing.

[palle11]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

Do not allow pressure set in for you in your investment. Always try to take your time and go gradually to accumulate and while doing that select possible coins that will rise in the next bitcoin bull when halving come. Investment in bitcoin is most secured but you also can pick in the midst of top coin in cmc or coingecko. Invest what you can take the risk.

[Jody.Drummer]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

Put what you can afford to invest. You done your best so far, because many DCA strategies that most people do stop in the middle of the road because of unstable monthly income. As for cultivating fiat first in order to take more number of altcoins like Ethereum is also a good step as long as you take advantage of the bear market at the right time. Because the DCA concept will not only focus on bear markets, each month must have a budget to allocate. So if that becomes your decision in the long term then do it as best you can. But if I may, budget primarily in Bitcoin to stay on the train.

[jossiel]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course.

Good choice for eth.

But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

As long as you do stack and accumulate, you're doing good and with the choice. They're good and at the top of the market so you should be fine accumulating ADA and ETH.

But if I were you, I'll priority to get on bitcoin first and since you've said you're near to your accumulation target for ETH, why not do bitcoin second and ada third?

[tranthidung]

Put what you can afford to invest. You done your best so far, because many DCA strategies that most people do stop in the middle of the road because of unstable monthly income.

Don't invest more than what you can afford to lose it all. It is meaningful applicable for all investment strategies, not only for Dollar Cost Averaging.

Because the DCA concept will not only focus on bear markets, each month must have a budget to allocate.

It's not a must. You should maintain your DCA investment regularly but you don't have to do it exactly on weekly, monthly or quarterly basis as you plan initially. You should prioritize more important things in your life. When you have spare money, you can DCA. If you manage to do it regularly, it is good. Else, it does not mean you can not do DCA.

In my opinion, DCA on monthly or quarterly basis is good enough for your capital allocation and emotional control. If you do it on weekly basis, it is like you are trading and your emotion will be affected by the market.

[LastKiss]

~snip~

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Well, investing in two cryptos at the same time is not a problem as long as the crypto you choose is the best crypto in the market. Just keep to your strategy until you completely achieve your strategy don't ever FOMO to your friends to other people if a cryptocurrency just gets 3x ROI in just a night. It's better to stick to trustworthy cryptocurrencies tho.

[Wawa2013]

~snip~

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Well, investing in two cryptos at the same time is not a problem as long as the crypto you choose is the best crypto in the market. Just keep to your strategy until you completely achieve your strategy don't ever FOMO to your friends to other people if a cryptocurrency just gets 3x ROI in just a night. It's better to stick to trustworthy cryptocurrencies tho.

It is true that long-term investment in several coins is much better in my opinion when compared to only long-term investment in only one coin.
So if there are coins that we are holding the price suddenly drops, then we can still cover losses from profits generated from investing in other coins.
The most important thing is not to choose too many coins for long-term investments, besides not all coins are good for long-term investments,
we will also find it difficult to share the capital we have. So in my opinion choose 3-5 coins for long-term investments, it will be effective for us
to be able to generate profit. Then I also agree with you, which should not let us choose coins just because we are influenced by other people,
and don't believe anything other people say. Because sometimes other people promote coins only for their own benefit, we should only trust
the coins of our own choice, which we choose based on the results of our own research and analysis.

[carlfebz2]

~snip~

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Well, investing in two cryptos at the same time is not a problem as long as the crypto you choose is the best crypto in the market. Just keep to your strategy until you completely achieve your strategy don't ever FOMO to your friends to other people if a cryptocurrency just gets 3x ROI in just a night. It's better to stick to trustworthy cryptocurrencies tho.

Diversification would always be best when we do talk about investment because we could really be having the chance of patching up loses from one investment into another which does simply means that

we should not put all of our eggs in one basket as much as we could so that we wont really be that too stressful nor get too much scared off whenever the market do make out some significant movement
or when it do dumps or crashes.If you do like to have at least that playing safe kind of style then it wouldnt really be bad for you to consider out on holding for long term.
This might not be preferred for some who do have  shorter patience because this would really be a test out of faith on a particular project for long term perspective.

[Viscore]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

EDIT

I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

If you want to maximize your future profits and start building wealth with this current bear market, then i suggest you should focus in  bitcoin first. It's not all the time that bitcoin price will be in big discount, so always grab the chance while its still very cheap and affordable. When you think you had enough for bitcoin, then start accumulating ETH and ADA too as you wish. But always invest on the amount you can afford to lose, so you won't be force in selling them again when you think you have no fiat anymore to finance you.

[DoublerHunter]

Diversification would always be best when we do talk about investment because we could really be having the chance of patching up loses from one investment into another which does simply means that

we should not put all of our eggs in one basket as much as we could so that we wont really be that too stressful nor get too much scared off whenever the market do make out some significant movement
or when it do dumps or crashes.If you do like to have at least that playing safe kind of style then it wouldnt really be bad for you to consider out on holding for long term.
This might not be preferred for some who do have  shorter patience because this would really be a test out of faith on a particular project for long term perspective.

Yes, I highly agree with this. Diverse your asset, do not put all eggs in one basket. This is what I did when I start investing and now I am still doing this. It you gave some time left do this strategy instead, but if you want a day trade maybe don't do this because it will require too much time and effort to monitor all the tokens you will invest with, given the fact that  you need to carefully read the data in different time frames. Day trading is good, for long term trading make some diversification.

^ If you really want to play safely in long-term trading why not choose a coin that considering safe in investment.
BTC has that feature and jit is proven and tested that it will create a massive profit when the right time comes if you want to hold it for the long term and avoid possible risks. Token now and altcoins trading in a short term is very risky, I can consider them that you are gambling your money because you even don't know the possible consequences that comes, there is no guarantee that you can make a profit.

[Findingnemo]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

EDIT

I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

You're totally messing up in my opinion, you can't or shouldn't be investing on bitcoin with the expectations of getting the returns in a month or two so please avoid investing your salary or money needed for survival. First of all increase your income source like start thinking how to make more salary like part time jobs or anything then you will have more savings than sufficient now you won't have too much pressure about needing returns too often.

[adaseb]

I think the most common ways how most people end up losing money in crypto is by leverage trading derivative products and buying altcoins.

Many people with like $3000 worth of crypto won’t get rich, so they send it to a futures exchange and usually use 10-25x leverage. Which usually ends up liquidating them eventually.

Second reason is buying some altcoins hoping it will go 100x. Usually they all end up losing 99 % of their value. Bitcoin and Ethereum are the only good long term solutions.

[yhiaali3]

Of course, Bitcoin is the best option for long-term investment, first of all Bitcoin, then ETH and ADA, these currencies are strong and have a good future and always rise with the rise of Bitcoin, so it is good to buy varying amounts of them with each market fall, this strategy is successful in the long term and enables you to Have a good price level, personally I advise you to focus on the ADA for the time being because it is in an excellent area to buy and collect and is likely to see significant increases in the near future.

[South Park]

I think the most common ways how most people end up losing money in crypto is by leverage trading derivative products and buying altcoins.

Many people with like $3000 worth of crypto won’t get rich, so they send it to a futures exchange and usually use 10-25x leverage. Which usually ends up liquidating them eventually.

Second reason is buying some altcoins hoping it will go 100x. Usually they all end up losing 99 % of their value. Bitcoin and Ethereum are the only good long term solutions.

By far those are the two most common scenarios, people want to get rich quickly by investing in this market, but the days you could invest a low amount of money in bitcoin and get those kind of results are gone, however instead of adjusting their expectations about what they can get out of the market way down, newbies decide to keep the same expectations but decide to take larger risks, risks for which they are not prepared to take and that end up depleting their capital really quickly, which is obviously not the outcome they we are expecting to get by taking those risks.

[sklopan]

First of all, when choosing an option for long-term investment, I would advise you to evaluate all the risks and possible development scenarios with the security that is chosen as an investment. It is very important.

[wiss19]

Jumping at hypes is not a wise move but what can we do? It's been done already. You are lucky that you did not lose but you also have earned something. Anyway, you can edit your title because you are not a newbie on here anymore but newbie or not, anyone is always welcome here to seek some tips and starts that might help to improve one's performance.

Your old strategy looks like a dca but you would like to try a new one. It does not look bad IMO so go ahead. You said you are almost done with your eth accumulating journey so you better prioritize that first and when it's done, you can then proceed on ada and especially bitcoin.

[virasisog]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

Invest only the funds that you can afford to lose and do it slowly but surely. There's always an opportunity to buy good coins so don't stress out yourself if you can't afford them for now. Just save and allocate enough funds from your hard-earned money so you'll be able to invest with potential coins. Don't fear if others are buying but rather grind and hustle hard so you can buy the coins that you want.

[TelolettOm]

Would this be a wise decision? Or should I just keep going with the approach I have now?

EDIT

Right know I'm heavily focused on accumulating as much Eth as I can. I..
.....But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Actually, we don't know when exactly the price bottom of ETH or other cryptocurrencies. What you are doing right now is such a kind of DCA.  In my opinion, your recent strategy is okay right now because you are spending some of your salaries to buy ETH with every price drop.
But if you are going to accumulate your money at first to buy ETH at certain drops, it is also okay, although we don't know if our expectation is exactly in the dip bottom or not.
ETH is a good point, ADA is also potential. Well, do you also invest in Bitcoin?

[Vaculin]

(.....)
My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

You should be careful also what you are accumulating. There are a lot of shitcoins right now.
Another thing is to identify your goal or price target especially if you are trading, or you want to make profits along the way or it depends if you don't want to sell or take profits.

I think what you mentioned is considering a Dollar Cost Averaging (DCA) which is also a good way for long-term investment these days, just make sure you will have strong hands and avoid panic.

If you will focus on accumulating bitcoin and do DCA, i guess your funds will be safe. However, i won't suggest to invest all your funds into bitcoin or cryptocurrency, because no matter how profitable it is, it won't give us guarantees to give quick profits whenever we badly needed some fiat. So always invest on the amount you can afford to lose. And when we do long term investing, we should always take calculated risks.

[BitcoinPanther]

The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

It would be better if you DCA rather than waiting for the bottom and buying at once.  Your idea sound great but the problem would be how to determine the bottom.  There is a possibility that you will miss it while waiting.  So I guess the best strategy is DCA, buy at every lower low, that way you won't miss buying the bottom.

[LastKiss]

The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

It would be better if you DCA rather than waiting for the bottom and buying at once.  Your idea sound great but the problem would be how to determine the bottom.  There is a possibility that you will miss it while waiting.  So I guess the best strategy is DCA, buy at every lower low, that way you won't miss buying the bottom.

Yeah DCA is the best strategy at the moment I guess since we don't know the bottom price it's better to buy little by little with our set price target. Well with DCA we can't always put our money in every low since our money is limited too. So it's always better to keep long term hold since every investment we can't always have a mindset to get rich quickly.

[Zilon]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Why not focus on BTC then spread your portfolio after heating a set target of BTC you will like to accumulate. The crypto market is very volatile at the moment any investment is riskier than you can imagine. ETH is a nice project too but your capital matters a lot because of high transaction fee. Accumulating both ADA and BTC can still be considered. But for long-term hold Bitcoin serve the purpose full time

[Xampeuu]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Why not focus on BTC then spread your portfolio after heating a set target of BTC you will like to accumulate. The crypto market is very volatile at the moment any investment is riskier than you can imagine. ETH is a nice project too but your capital matters a lot because of high transaction fee. Accumulating both ADA and BTC can still be considered. But for long-term hold Bitcoin serve the purpose full time

for a newbie I think the selection of coins is very important to determine his future. I think btc is enough to invest if the OP is a beginner, as time goes on so that his knowledge increases, then I think he can develop investments in his favorite altcoin, considering that choosing an altcoin will be more risky. There are many basic mistakes that beginners make by investing in new projects because they want to get big returns

[Sanitough]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

EDIT

I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Do not repeat the same mistake again and lose everything. For now, learn to invest in bitcoin with just an amount you are not afraid to lose. Although you could maximize your bitcoin investment particularly in buying from the dip, but never allocate all your salary to bitcoin. Save some of it for future needs. You can invest in bitcoin and hold for it for long term investment, that is the most common strategy that will make you rich eventually if you always sell them at their highest peak.

[Nrcewker]

I think the most important thing with this type of investment is to be sure of the right choice and the right work strategy. For this I use a demo account of a broker from Amarkets and so far I am more than satisfied with my choice.

I thought the OP is asking about crypto trading?
The OP wants a coin in which he can invest for long term and yield slow yet steady profit.
I don’t see any valid point for using a demo account in this situation.
The OP can go for clear cut method of choosing the best coin.
And invest in it and stop worrying about it for minimum 3 years.
This type of investment only fits for Bitcoins. So as advised earlier, OP should blindly buy the Bitcoins without having second thoughts.

[hashrateproducts]

for a newbie I think the selection of coins is very important to determine his future. I think btc is enough to invest if the OP is a beginner, as time goes on so that his knowledge increases, then I think he can develop investments in his favorite altcoin, considering that choosing an altcoin will be more risky. There are many basic mistakes that beginners make by investing in new projects because they want to get big returns

Crypto itself is risk but investing in it is more risky. Long-term investment are very good techniques in hand for the newbies to build and achieved most success in the space. For newbie to be in the space it means he or she have all it takes to withstand anything the space have to offer. One major fact that always triggered newbies to only go in persuit for bigger Profits which will sometimes land them or lead them to lose and liquidation. One thing is responsible and it's greed, newbies should to eliminate your greed because it's a bad and worst thing been a greedy person.

[GeorgeJohn]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

if really you are emphasising on cryptocurrency investment it's quite wrong indecencies that cryptocurrency is not what you can predict when you will purchase it. Because no time you go into cryptocurrency buying is wrong. I use this medium let you know that the investment of cryptocurrency is based on target and if you don't have target its when you be confused about cryptocurrency. No time you venture into cryptocurrency investment is wrong.

[Lanatsa]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

if really you are emphasising on cryptocurrency investment it's quite wrong indecencies that cryptocurrency is not what you can predict when you will purchase it. Because no time you go into cryptocurrency buying is wrong. I use this medium let you know that the investment of cryptocurrency is based on target and if you don't have target its when you be confused about cryptocurrency. No time you venture into cryptocurrency investment is wrong.

Set targets or goals and this isnt only on crypto investments but also in other investments as well.If you dont set goals or target then you would really be messing up your decisions from time to time depending on the
market condition.

If you do go for long term then buying time is never been an issue since you are going after for long years of hold before you do make a overall sell out but what if the price dips on that particular time?
It would really be creating that kind of disappointment or getting annoyed but if you do have set out plans and decide to accumulate more then its up to you.

Not all would be having the same state in terms of financial and in terms of their plans and analysis thats why it do always differ to each other.

[BuNga_cute]

for a newbie I think the selection of coins is very important to determine his future. I think btc is enough to invest if the OP is a beginner, as time goes on so that his knowledge increases, then I think he can develop investments in his favorite altcoin, considering that choosing an altcoin will be more risky. There are many basic mistakes that beginners make by investing in new projects because they want to get big returns

Crypto itself is risk but investing in it is more risky. Long-term investment are very good techniques in hand for the newbies to build and achieved most success in the space. For newbie to be in the space it means he or she have all it takes to withstand anything the space have to offer. One major fact that always triggered newbies to only go in persuit for bigger Profits which will sometimes land them or lead them to lose and liquidation. One thing is responsible and it's greed, newbies should to eliminate your greed because it's a bad and worst thing been a greedy person.

It is true that the most effective way for a newbie to make a profit is by long-term investment. Because that's the easiest thing a newbie can do
when trying to make a profit from crypto. Long-term investment only needs to buy potential coins, then after that we only need to hold the coins
that we have bought until we reach the desired target.

But the fact is that newbies prefer short-term investments in new coins or shitcoins which are high risk, because they want to pursue
big profits. Ultimately it is greed that prevents newbies from investing long term, because most newbies really want big profits instantly.
That's why more experienced people choose long-term investments than newbies.

So the lessons that can be taken, especially for newbies who want to dive into the world of crypto, are they must first learn about the crypto world
before deciding to invest. In order to know what steps should be taken in order to generate profits safely. So if they don't understand how
the crypto world works, they shouldn't be in a hurry to invest in crypto.

[gunhell16]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

EDIT

I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

According to your story, I don't see anything wrong with what you are doing about what you want to earn through cryptocurrency, even in your plans to buy or purchase altcoins because they all have the potential to give you a good income in the future, but don't you want to add Bnb, Xrp, Matic, Dot and Sol to them? this is just my suggestion that I think it will also help you. And besides you have the capability to buy them all as well according to what I saw it from you dude anyway.

[Rigon]

For those who are new to this forum and willing to invest I would definitely like to give some good gifts.There are many investing tips but the best tips for newbies is always to invest in the best coins.Otherwise all funds will be lost.After investing, sell only if there is a good profit from there.Otherwise, if the current state of the market is this, you will not be right, later you will want to sell yours and buy other coins with a lot of juice.And always choose the best coins by doing your own thinking and analysis. Thanks everyone.

[boyptc]

First of all, when choosing an option for long-term investment, I would advise you to evaluate all the risks and possible development scenarios with the security that is chosen as an investment. It is very important.

And he knows that security and risk that you're telling about and that's why he's on that part of choosing which is the best to take that spot.

If you're focused on accumulating ETH then that's your calling and your plan which isn't bad at all. Because whenever bitcoin comes back again at the peak, ETH will come along and will also follow its chart.

[harapan]

Don't turn trading Into gambling, don't do with your emotions it's a shitty thing if you don't know already. Don't use someone's money and cash to trade. Also when you trade don't put all you have in a particular investment. Expect both good and bad when you trade so you don't panic to death when you don't win finally.
Learn to ask good questions from financial advisors .

[Issa56]

You are really smart for getting a job first before you start investing, the strategy you want to use depend on the salary you are receiving, if the amount you are investing monthly won't really affect you, then I think it's a nice idea investing part of your salary. Always make sure the amount you are using to invest is the money you won't be needing for now because it's a bad idea selling from the money you invested in a coin, because when you might be selling, you might be at lost. So make sure the money you will be investing is the money you won't be using for now.

[Rufsilf]

I hope that newbies have done their research before starting investing in crypto as knowledge is vital to do this. Many newbies had failed and that was because they underestimated the market, this should not happen to you OP.

* invest leading coins
* set enough capital
* enhance your level of understanding
* learn to make TA and FA

Of course, this can't be done instantly but you can somehow learn more together while you are investing already.

[adzino]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?
-snip-

Yes, do that if you are planning to hold long term. Keep investing a part of your money in crypto currencies every month and hold them. Invest those money that you can afford to lose and you wouldn't need it during random situations. Don't sell as long as you aren't in profit. When the price drops, invest more of what you have to maximize your profit. Store it somewhere safe, create backups and forget about it. If you can stake your coins, then stake it in your OWN wallet, not some centralized exchange. Invest most in bitcoins and rest in well known altcoins.

[worle1bm]

The main part for newbies is that if they don't have knowledge about the market then start with some top coins like btc and with small investments only so even if you loose them it won't be a problem for you in the end.Never panic sell your coins as market will recover after some time but not for shitcoins so be sure for it and gain knowledge and experience with your each trade that will help you to learn from your mistakes and avoid them in future.

[YOSHIE]

Would this be a wise decision? Or should I just keep going with the approach I have now?

You can take two methods and two decisions at this time, no one can guarantee you in that decision, trading & investing crypto, has serious risks of course you are more careful in dealing with your losses.
Your salary that you pour / month in your investment can be divided into two parts, to overcome deep losses.
1. 1/2 of what you pour, buy now.
2. 1/2 save to fiat, this can keep you excited to invest, if your predictions really happen, go down deeper.

Nowadays most people trade, it's because the crypto market is not stable, today $19k tomorrow could go up to $21k, and it keeps happening today.
You can invest in long-term options, experience, except: the crypto market has been stable for 5-9 months, without upward and downward movement.

[South Park]

The main part for newbies is that if they don't have knowledge about the market then start with some top coins like btc and with small investments only so even if you loose them it won't be a problem for you in the end.Never panic sell your coins as market will recover after some time but not for shitcoins so be sure for it and gain knowledge and experience with your each trade that will help you to learn from your mistakes and avoid them in future.

I think that an even better option is for newbies to take their time to learn before they make any kind of investment, and then once they have dedicated a few months to study the markets then they can begin by investing in bitcoin, now I could understand if they were in a rush to enter the market if we were in a bull run, but right now we are witnessing a bear market, and since the bull market will not appear anytime soon they have all the time of the world to learn as much as they can before the price begins to go up in a sustained manner once again.

[og kush420]

The main part for newbies is that if they don't have knowledge about the market then start with some top coins like btc and with small investments only so even if you loose them it won't be a problem for you in the end.Never panic sell your coins as market will recover after some time but not for shitcoins so be sure for it and gain knowledge and experience with your each trade that will help you to learn from your mistakes and avoid them in future.

I think that an even better option is for newbies to take their time to learn before they make any kind of investment, and then once they have dedicated a few moths to study the markets then they can begin by investing in bitcoin, now I could understood if they were in a rush to enter the market if we were in a bull run, but right now we are witnessing a bear market, and since the bull market will not appear anytime soon they have all the time of the world to learn as much as they can before the price begins to go up in a sustained manner once again.

....I think newbie even have to learn to have patience as well. Sometime they are in so much hurry to gain money that ther forget there are so much strings attached to the investment and they have to seee everythings

[Sebas.tian]

Since we are still in the bearish season, I will advise you to invest on stable coins like Bitcoin because some newbies that invested little capital on stable coins have a good confidence of achieving something good from the crypto market soon. It will be favourable, if you can carry out your personal research to see how beautiful the future market will look like before making your final decision to invest on a stable coin in the community. Don't miss this opportunity by investing on bitcoins because is very good for long term investors to make a passive incomes in the market.

[AakZaki]

Your understanding of stable coins in my opinion is wrong, Bitcoin is not a stable coin, bitcoin is certainly very volatile and cannot be said to be stable. Examples of stablecoins such as USDT, BUSD, USDC etc.
Bitcoin moves faster and bitcoin determines all altcoin prices. It's good advice to invest in bitcoin, but you need to note that doing an analysis first is highly recommended before entering the market. Long-term investment cannot be done haphazardly.

[rozak]

Your understanding of stable coins in my opinion is wrong, Bitcoin is not a stable coin, bitcoin is certainly very volatile and cannot be said to be stable. Examples of stablecoins such as USDT, BUSD, USDC etc.
Bitcoin moves faster and bitcoin determines all altcoin prices. It's good advice to invest in bitcoin, but you need to note that doing an analysis first is highly recommended before entering the market. Long-term investment cannot be done haphazardly.

You're right, although Bitcoin is said by many to be the safest asset for investment for beginners. but all of them still need market analysis to support planning.
many beginners end up exiting the market when they see their investment in asset value decline. it's because they don't have good planning and analysis. What many beginners know is the short-term gains from the crypto market. not many know the risks.

[KingsDen]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

Simply remain patient dude, if you don't have cash, don't stress yourself and indebt yourself. There will always be a  using opportunity asong as the crypto market lasts. All coins cannot go up at once, whatever that goes up must surely come down. The right thing to do is to have a peace of mind and invest at your pace.
The stress you would pass through when you lose your money will be higher than the one you are passing through as you have no money.

[AakZaki]

You're right, although Bitcoin is said by many to be the safest asset for investment for beginners. but all of them still need market analysis to support planning.
many beginners end up exiting the market when they see their investment in asset value decline. it's because they don't have good planning and analysis. What many beginners know is the short-term gains from the crypto market. not many know the risks.

Market analysis is an important point to be able to read market prices. Without basic analysis will not be able to trade properly. Beginners only know how to buy and sell, even though it's not that simple, there's a lot to take into account, manage and manage strategies. Crypto investment will not be as easy as imagined, it will be very difficult if you do not understand the science. Beginners sometimes do not know what the risks lurk in crypto investment.

[HeavensPro]

Don't jump into hypes if they haven't just started and exit them asap. You may be lucky that you have earned some money but don't get used to it.

[gunhell16]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

EDIT

I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

According to your narrative here, you show that you are currently accumulating ETH(ethereum), and you intend to follow it with ADA(cardano) and Bitcoin(Btc). To me, I see nothing wrong with your choice to gather while you do so. Especially now that their prices are almost low in the market. Maybe that depends on how much money you have in your budget. The more budget you have, the more assets you will gradually accumulate in the future. Just take extra precautions anyway.

[AicecreaME]

If you wanted to invest in the safe zone, I suggest buying big coins like BTC, ETH, BNB, etc. By doing so, you could just let it sit in your wallet after buying and wait for the bull run to sell your coins to make profits in the long run. Buying at $20,000 is a steal and wait till it hits $68,000 again. But if you're still hesitating to buy, for sure you'll regret it when left you behind.

[kotajikikox]

Have nothing to tell in perfect sense mate but to keep buying even in small piece , just to accumulate for long term because you are seeking for that time frame then there is actually a perfect way but buy and buy.

don't take the high or low price as hindrance because in the end? you will surely sell in higher value than the given price at certain time.

[LUCKMCFLY]

I think one of the tips I could give at this time is that if you have some BTC don't sell it, if you have some Altcoins don't sell it either, the best thing for now is to wait until the market goes up, you don't know what moment it may go up, but I am fully sure that it will go up and that is what must give peace of mind and security to people and especially to small investors and those who are novices, that all investment must be made in the long term and not to In the short term, if I would advise taking long-term vacations, something that cannot stress you by watching the news, it is necessary to follow up, but not make decisions based on news.

[onecall123]

Identifying the market is the first step. To be successful in trading, you need to stay agile over the long term. Those who react to market changes the quickest will perform best since the market is always changing. Never throw away your winning trades and strategies, and always try new ones until the ones that work stop working. As a final point, no strategy will work 100% of the time, so make sure your winners more than offset your losses by using risk management.

[tvplus006]

...Would this be a wise decision? Or should I just keep going with the approach I have now?..

It is a good strategy to invest part of your earnings in cryptocurrency. But if you see that the price of coins has approached the minimum, then it will be the right decision to transfer your savings to cryptocurrency, since the resulting profit will be higher than inflation and a bank deposit.

[$crypto$]

If you wanted to invest in the safe zone, I suggest buying big coins like BTC, ETH, BNB, etc. By doing so, you could just let it sit in your wallet after buying and wait for the bull run to sell your coins to make profits in the long run. Buying at $20,000 is a steal and wait till it hits $68,000 again. But if you're still hesitating to buy, for sure you'll regret it when left you behind.

Long-term investments do have to be in a safe zone, which means choosing a coin that is mentioned there will be potential when the bullrun comes, this coin will definitely go higher, you can say waiting for the price to reach ATH is probably what you want.
In this way of course you have to have your own strategy how to start and do what you can, such as buying gradually from bitcoin to other coins, indeed I think many think the price range of $20,000 is fairly low but the most important thing is whether you want to take below that or a little higher, but the long-term investment outlook must have a well-thought-out plan.

[CryptopreneurBrainboss]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

You just have to continue been patient, don't think the dip is over yet. Based on pass record we might even have another one year to be accumulating as the market will continue been traded sideways. For now just increase whatever activities you're doing to get funds so you have enough funds to dollars cost average into the market without listing to whatever the so called professional will be predicting.

Don't forget, many of them all predicted the top to be around $100k but we didn't achieve that while some where just been too optimistic or trying to manipulation the market so their personal price target be meant. As for the tip, don't go all in at ones even though you're investing for the long term. Just keep budling your portfolio.

[topman21]

For long term investment I would definitely say to the newbies always invest in a good coil You should not invest in some coins that you will lose a lot of money later on.Always watch the market and invest in the most popular coins. But there are definitely good coins for long time investing for example I would like to say like Bitcoin Ethereum BNB Always invest on this coin.Those who are new to it will never lose. And hold a long pause but the market will get better soon.

[abel1337]

...Would this be a wise decision? Or should I just keep going with the approach I have now?..

Even small investment can make big difference when the time comes. There are different approach in buying a crypto,  There are many who are trying to catch the bottom but honestly it's very difficult since I have seen many altcoins dipped lower than their base price last bear market.  Traders are trying to maximize their profits by buying at a good price point. My take is when I see the price is justifiable like for example the price is on the support line, I would buy partially on it so whether it dipped more or bounced back I would be happy with my decision since I still have funds to buy some since I bought partially.

[Mr.right85]

...Would this be a wise decision? Or should I just keep going with the approach I have now?..

Even small investment can make big difference when the time comes. There are different approach in buying a crypto,  There are many who are trying to catch the bottom but honestly it's very difficult since I have seen many altcoins dipped lower than their base price last bear market.

I don't so much advice newbie investors to look towards an altcoin investment for a long term. Most of those coins never gets a second chance after a bear market such as we are experiencing now. A lot of them turns out to be shitcoins afterwards and quickly goes down with the crypto winter.

When it comes to bitcoin, it's always a different story. It's always a certainty that the coin would rise but when is always the issue so, one has got to pateint and know that ots sure to rise in due time, speculatively after a bitcoin halving. Although, that's certain not the way to make the most of it as there are always future profits for holding longer. You just hold and spend only what is necessary of it as the need arises.

[NicNacCoin]

Tips for newbies always choose good coins while investing.Always invest on the top coins. Because since you are new to this cryptocurrency, I think you should not invest in any shitcoin.There are many coins that fluctuate a lot in the market. And once it is completely exhausted I would say you should stay away from all these coins if you want to invest long term definitely invest in all coins in bitcoin ethereum bnb In this you will have profit and risk will be less.

[LastKiss]

Tips for newbies always choose good coins while investing.Always invest on the top coins. Because since you are new to this cryptocurrency, I think you should not invest in any shitcoin.There are many coins that fluctuate a lot in the market. And once it is completely exhausted I would say you should stay away from all these coins if you want to invest long term definitely invest in all coins in bitcoin ethereum bnb In this you will have profit and risk will be less.

Yeah staying away from shitcoin is the best move for someone who is new in this cryptocurrency market, when they waste their money on shitcoin they will have a bad experience in crypto and in the end they will be afraid to invest in crypto again. Learn how to different between a real coin and a shit coin so you won't get into the trap for shitcoin. Maybe getting a guide from a friend is also an option.

[South Park]

Tips for newbies always choose good coins while investing.Always invest on the top coins. Because since you are new to this cryptocurrency, I think you should not invest in any shitcoin.There are many coins that fluctuate a lot in the market. And once it is completely exhausted I would say you should stay away from all these coins if you want to invest long term definitely invest in all coins in bitcoin ethereum bnb In this you will have profit and risk will be less.

Yeah staying away from shitcoin is the best move for someone who is new in this cryptocurrency market, when they waste their money on shitcoin they will have a bad experience in crypto and in the end they will be afraid to invest in crypto again. Learn how to different between a real coin and a shit coin so you won't get into the trap for shitcoin. Maybe getting a guide from a friend is also an option.

While what you say is true the problem is that since developers with dubious intentions are behind those shitcoins then they can say and do whatever they want to convince those newbies to invest in their coin, and once newbies realize their mistake their losses are so big there is nothing they can do to ever recover the money lost, it is because of this that it is important to repeat as many times as necessary this information, so we can save them from making those costly mistakes and they do not form a negative opinion of this market.

[blockman]

Yeah staying away from shitcoin is the best move for someone who is new in this cryptocurrency market, when they waste their money on shitcoin they will have a bad experience in crypto and in the end they will be afraid to invest in crypto again. Learn how to different between a real coin and a shit coin so you won't get into the trap for shitcoin. Maybe getting a guide from a friend is also an option.

The problem with the newbies is they're saying and justifying that bitcoin is expensive and that's why they're looking for alternatives. But, the sad thing is that they're ending up with the wrong choice and choosing those shitcoins that they shouldn't do.
And the reason? Again, going back with the first sentence that I've said and they're going to argue with you telling that it's totally fine to do that because they don't have money but neglecting the idea of DCA.

[GatotKaca]

Yeah staying away from shitcoin is the best move for someone who is new in this cryptocurrency market, when they waste their money on shitcoin they will have a bad experience in crypto and in the end they will be afraid to invest in crypto again. Learn how to different between a real coin and a shit coin so you won't get into the trap for shitcoin. Maybe getting a guide from a friend is also an option.

The problem with the newbies is they're saying and justifying that bitcoin is expensive and that's why they're looking for alternatives. But, the sad thing is that they're ending up with the wrong choice and choosing those shitcoins that they shouldn't do.
And the reason? Again, going back with the first sentence that I've said and they're going to argue with you telling that it's totally fine to do that because they don't have money but neglecting the idea of DCA.

some beginners with small capital will choose altcoins that they can get at a cheaper price than bitcoin. that is the reality experienced by beginners in the crypto market.
The fault lies in the direction or persuasion that beginners get to buy shitcoin, even though there are potential altcoins on the market at low prices that we can make long-term investment assets.
newbies in the crypto market must be able to master themselves, and never be influenced by other people or the promise of huge profits that can be obtained by putting their money in shitcoin.

[kapalmabur]

Yeah staying away from shitcoin is the best move for someone who is new in this cryptocurrency market, when they waste their money on shitcoin they will have a bad experience in crypto and in the end they will be afraid to invest in crypto again. Learn how to different between a real coin and a shit coin so you won't get into the trap for shitcoin. Maybe getting a guide from a friend is also an option.

The problem with the newbies is they're saying and justifying that bitcoin is expensive and that's why they're looking for alternatives. But, the sad thing is that they're ending up with the wrong choice and choosing those shitcoins that they shouldn't do.
And the reason? Again, going back with the first sentence that I've said and they're going to argue with you telling that it's totally fine to do that because they don't have money but neglecting the idea of DCA.

some beginners with small capital will choose altcoins that they can get at a cheaper price than bitcoin. that is the reality experienced by beginners in the crypto market.
The fault lies in the direction or persuasion that beginners get to buy shitcoin, even though there are potential altcoins on the market at low prices that we can make long-term investment assets.
newbies in the crypto market must be able to master themselves, and never be influenced by other people or the promise of huge profits that can be obtained by putting their money in shitcoin.

Shitcoin is not the right choice for beginners and it's also too risky,
basically be it Bitcoin or altcoin it's a much better choice and will be profitable too,
I think beginners need to learn and understand so that they are not easily persuaded that can harm them

[Natalim]

...

EDIT

I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

I was glad to hear from you OP appreciates the help and advice from other forum members. At least, you find it important, and following those things makes you feel comfortable with your investment and guided in the right direction. It was indeed to have a positive mindset and market adoption there is nothing we can do but take risks and understand the situation. If you are able to do this, no doubt that you can achieve your goal.

[Cling18]

...

EDIT

I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA is the right move right now. Or should I be more invested in BTC in terms of potential long-term returns?

I was glad to hear from you OP appreciates the help and advice from other forum members. At least, you find it important, and following those things makes you feel comfortable with your investment and guided in the right direction. It was indeed to have a positive mindset and market adoption there is nothing we can do but take risks and understand the situation. If you can do this, no doubt that you can achieve your goal.

It's really helpful to trust the advice of the majority on this forum. Most of the people here are experienced traders and investors and we could learn a lot from them. A proper mindset will help you reach the goals that you have set. You might encounter failures and losses despite following all the advice here but that will make you a better trader and investor.

[blockman]

The problem with the newbies is they're saying and justifying that bitcoin is expensive and that's why they're looking for alternatives. But, the sad thing is that they're ending up with the wrong choice and choosing those shitcoins that they shouldn't do.
And the reason? Again, going back with the first sentence that I've said and they're going to argue with you telling that it's totally fine to do that because they don't have money but neglecting the idea of DCA.

some beginners with small capital will choose altcoins that they can get at a cheaper price than bitcoin. that is the reality experienced by beginners in the crypto market.
The fault lies in the direction or persuasion that beginners get to buy shitcoin, even though there are potential altcoins on the market at low prices that we can make long-term investment assets.
newbies in the crypto market must be able to master themselves, and never be influenced by other people or the promise of huge profits that can be obtained by putting their money in shitcoin.

It is really the reality and that's why many newbies choose to get into those cheaper altcoins because they think that it's the best choice that they can do.
But little did they know, it's all about the choice and there's more volatility than they can see with the altcoins market. So for the newbies, they have the option to buy bitcoin at little amounts and accumulate it until they reach some amounts that they aim to have.

[suzanne5223]

The problem with the newbies is they're saying and justifying that bitcoin is expensive and that's why they're looking for alternatives. But, the sad thing is that they're ending up with the wrong choice and choosing those shitcoins that they shouldn't do.
And the reason? Again, going back with the first sentence that I've said and they're going to argue with you telling that it's totally fine to do that because they don't have money but neglecting the idea of DCA.

some beginners with small capital will choose altcoins that they can get at a cheaper price than bitcoin. that is the reality experienced by beginners in the crypto market.
The fault lies in the direction or persuasion that beginners get to buy shitcoin, even though there are potential altcoins on the market at low prices that we can make long-term investment assets.
newbies in the crypto market must be able to master themselves, and never be influenced by other people or the promise of huge profits that can be obtained by putting their money in shitcoin.

It is really the reality and that's why many newbies choose to get into those cheaper altcoins because they think that it's the best choice that they can do.
But little did they know, it's all about the choice and there's more volatility than they can see with the altcoins market. So for the newbies, they have the option to buy bitcoin at little amounts and accumulate it until they reach some amounts that they aim to have.

According to my past experience, before I join this forum, I believe newbie's reason for investing in shitcoin is having the impression that cryptocurrency is a pot of gold and once they invest in it the next thing is profit.
Despite they have the option to invest in Bitcoin using the DCA method but their no experience in the crypto sphere makes them follow crowd and paid advertisement done by influencers this is what happened with Terra.
I'm still saying it, the concept of the project ^{(Terra Luna)} didnt worth the hype.

[Baofeng]

The problem with the newbies is they're saying and justifying that bitcoin is expensive and that's why they're looking for alternatives. But, the sad thing is that they're ending up with the wrong choice and choosing those shitcoins that they shouldn't do.
And the reason? Again, going back with the first sentence that I've said and they're going to argue with you telling that it's totally fine to do that because they don't have money but neglecting the idea of DCA.

some beginners with small capital will choose altcoins that they can get at a cheaper price than bitcoin. that is the reality experienced by beginners in the crypto market.
The fault lies in the direction or persuasion that beginners get to buy shitcoin, even though there are potential altcoins on the market at low prices that we can make long-term investment assets.
newbies in the crypto market must be able to master themselves, and never be influenced by other people or the promise of huge profits that can be obtained by putting their money in shitcoin.

It is really the reality and that's why many newbies choose to get into those cheaper altcoins because they think that it's the best choice that they can do.
But little did they know, it's all about the choice and there's more volatility than they can see with the altcoins market. So for the newbies, they have the option to buy bitcoin at little amounts and accumulate it until they reach some amounts that they aim to have.

I guess it's the entry point, coins are cheap and thinking with just a small amounts they can turn that into huge money. Which I believed many could have done, but we all know that it's not for everyone, specially newbies that don't have enough experience. For sure some of us may have undergo that same process and having that kind of mindset. But as we mature here, we learn that it's not the way, it's better to invest on solid coins like bitcoin. The return might not be very big as what we wanted, but at least the risk is not that big as compare to altcoins which can dump anytime, losing your investments in a blink of an eye.

[blockman]

According to my past experience, before I join this forum, I believe newbie's reason for investing in shitcoin is having the impression that cryptocurrency is a pot of gold and once they invest in it the next thing is profit.
Despite they have the option to invest in Bitcoin using the DCA method but their no experience in the crypto sphere makes them follow crowd and paid advertisement done by influencers this is what happened with Terra.
I'm still saying it, the concept of the project ^{(Terra Luna)} didnt worth the hype.

That's for the first reason before but after years, there's the idea that there's more money in altcoins and they're going away from bitcoin because it is expensive for them. They're looking at the price of it and don't want to listen that they can buy portions of it until they make one. But no, they don't like that idea so they jump off to different cheap altcoins which they think it'll be the reason for them to become rich.

I guess it's the entry point, coins are cheap and thinking with just a small amounts they can turn that into huge money. Which I believed many could have done, but we all know that it's not for everyone, specially newbies that don't have enough experience. For sure some of us may have undergo that same process and having that kind of mindset. But as we mature here, we learn that it's not the way, it's better to invest on solid coins like bitcoin. The return might not be very big as what we wanted, but at least the risk is not that big as compare to altcoins which can dump anytime, losing your investments in a blink of an eye.

That's right, it's the reason why they are into it. Some might get lucky doing that but for the vast majority, it isn't like that. Most are late into looking at its price when it's already at the top and that's the time they go ahead and buy it, the result, they're in major losses.

[jrrsparkles]

BTC is the best coin ever which is proved to give long term returns as high than shitcoins which only last for days to weeks. So my suggestion will be its always good to accumulate more bitcoin as much as you can then you can diversify your portfolio with altcoins which can be ETH, ADA or any other coin which is doing good at the long term from your perspective.

[Rigon]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

The main thing you should consider while thinking for long term is a good and stable coin.
You don't wanna end up losing all money by choosing a wrong coin like Luna etc.
So it will be best if you go for something best and solid, and here BTC or ETH comes in place. The reason for which you can choose any one from this two is due to it's popularity  and marketcap.
And as you have thought for long term my friend, then I would advise that don't often see the price charts. Check the price once in a year and accordingly cash out.
Hope this helped you mate.

Yes it is true that for long term investment you must select the best and popular coins.If you make a wrong choice to invest you will have to pay for it so simply you need to choose the best currency first.Bitcoin Ethereum and BNB are all the coins you can keep as the best coins to invest in your portfolio.The currency to invest in must see how popular the currency is in the market and what is the market cap? Especially if it is listed on the most popular exchanges?

[el kaka22]

I think it's not really that much important how "rich" you can get, it is important how long you can stay. There are a lot of newbies who do get in, and do the right thing to be fair, but then they end up making the wrong move when the bear time comes. Definitely getting in right now during the bear means would result with you making a profit when the price goes up. But, that doesn't change the question of how long you can stay.

If you can stay like this for a decade, keep investing even more, and wait for it to skyrocket and watch it go down after that, then repeat this another 2-3 times, and then sell after 10 years when it peaks, then you would make a ton of money, for sure. But, if you get worried and sell? That will cause you to lose.

[dataispower]

From the beginning I understand that learning of trading is something that needs much time and basically for someone that don't have the ideology. And secondly threading of cryptocurrency or trading of anything is being given profit because of your basic understanding of trading somebody lose into trading because the basic knowledge of threading is not be found anywhere towards the person so therefore. Newbies I meant to understand or learn the positive of teading before I need.I can't device any of my relative go jump into trading without having the knowledge at first.

[Raflesia]

Yes it is true that for long term investment you must select the best and popular coins.If you make a wrong choice to invest you will have to pay for it so simply you need to choose the best currency first.Bitcoin Ethereum and BNB are all the coins you can keep as the best coins to invest in your portfolio.The currency to invest in must see how popular the currency is in the market and what is the market cap? Especially if it is listed on the most popular exchanges?

This is a fact, because indeed if you look at the last few years currently the top coins there are bitcoin and Ethereum, then regardless of what they are, they are one that is worth keeping in the long term.
The problem is that people are panicking too much about the temporary dip right now although this is quite natural because Psychological factors would say it's very unsafe to keep coins when the market is in the red but obviously they should be more aware that selling is not the right thing to do.

[Russlenat]

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

EDIT

I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

ETH and ADA are still quite profitable these days, but I suggest focus on accumulating more bitcoin that will bring more profits into your wallet in the future. While others are in panic buying all those cheap altcoins in the market, smart people prefer to stick on bitcoin and maximize their hodlings because somehow, it will also give them huge profits when bitcoin reaches its new ATH again. It’s not bad to stack your fiat in crypto, but always know what and where to invest so your money will not go into waste.

[suzanne5223]

According to my past experience, before I join this forum, I believe newbie's reason for investing in shitcoin is having the impression that cryptocurrency is a pot of gold and once they invest in it the next thing is profit.
Despite they have the option to invest in Bitcoin using the DCA method but their no experience in the crypto sphere makes them follow the crowd and paid advertisements done by influencers this is what happened with Terra.
I'm still saying it, the concept of the project ^{(Terra Luna)} didn't worth the hype.

That's for the first reason before but after years, there's the idea that there's more money in altcoins and they're going away from bitcoin because it is expensive for them. They're looking at the price of it and don't want to listen that they can buy portions of it until they make one. But no, they don't like that idea so they jump off to different cheap altcoins which they think it'll be the reason for them to become rich.

I agree with what you said but its not applicable to every newbie because we still have some of them with the aim of holding at least a whole Bitcoin and I believe those that choose to invest in altcoin does that with the purpose of making a profit and they fall for shitcoin trick because 96% of them are hype based.
In the meantime, I hope every newbie who is following this thread will make the right decision by putting most of their investment in Bitcoin.

[AnonBitCoiner]

If someone is new in crypto trading so i will suggest that you should invest in coin for lengthy time period because newbies has not such a good experience and day trading  can be not such beneficial for newbies. Long term investment can be useful as it overcome the chances of losing money and you will surely gain advantage out of it.

[crwth]

Saw the edit by the OP; what time and date did you have the decision to invest in ETH / ADA? I think you had gone into a great time buying into those cryptocurrencies because at the time of your posting and now, I think it has gained a significant percentage, though.

[Quidat]

Saw the edit by the OP; what time and date did you have the decision to invest in ETH / ADA? I think you had gone into a great time buying into those cryptocurrencies because at the time of your posting and now, I think it has gained a significant percentage, though.

As long he didnt panic sell in between the time he had posted and into those red market then he is really making some profits now but if he does then he had just missed out the opportunity.
Long term investment isnt really just for newbie but also in other veteran or oldies on this market.We do have target or goals on future which simply holding could neither be effective or not
thats why its important to consider on where you do put your investment on and wont really be that careless on making up decisions.We do have different targets or goals
in terms of price level sell out or hold  thats why it would really vary.

[gullobhai]

BE AWARE FOR DOING FUTURE TRADES DO SPOT TRADES,You should put only a part which you can afford to lose, INVEST AS DCA(Dollar Cost Average) IN declining market,avoid investing on small caps altcoins
such coins thats i want to prefer
BNB,ETH,SOL&CHQ META COINS.... DYOR

[yohananaomi]

If someone is new in crypto trading so i will suggest that you should invest in coin for lengthy time period because newbies has not such a good experience and day trading  can be not such beneficial for newbies. Long term investment can be useful as it overcome the chances of losing money and you will surely gain advantage out of it.

indeed many are afraid of losing their funds and that is natural so what my friend said is true, in order to place their funds in the best coin investments ranked in the cmc for the long term, so that there is little chance of losses even though the absorbed funds will settle for a long time.

actually doing short-term trades is also not wrong if you want to do it, but because it is still new it is better to do it with a small nominal so that when we have to experience a loss it doesn't make us afraid to do it again.
remember the experience of loss will make us continue to learn to improve so it doesn't happen again, which is a better learning.

[Peanutswar]

The best and ideal tip to the newbie who would like to buy a coin is if you want to make a play-safe investment that is reliable already go for the Bitcoin and the top 10 coins but if you want to make some risk always make a DYOR and all of the research related to make sure it is a good project and trusted for the long term. Knowledge is the best investment before engaging by this you can win and lessen the risk.

[newdevices]

Long-term investment for newbies in my opinion is not suitable, because long-term has a greater risk,
my advice short term is good enough, get 30% to 50% in short term I think you are satisfied,
if not then get rid of your greedy!.

[virasisog]

Long-term investment for newbies in my opinion is not suitable, because long-term has a greater risk,
my advice short term is good enough, get 30% to 50% in short term I think you are satisfied,
if not then get rid of your greedy!.

Long-term investment is actually suitable for everyone as long as they're holding potential coins like Bitcoin and Ethereum. It's only not suitable for those who can't have enough patience and don't trust the potential of their coins because they're usually the ones who do panic selling every time the price of the coins strikes down due to their volatility. Short-term investment isn't a wise idea especially now that we are in the bearish season.

[blockman]

Long-term investment for newbies in my opinion is not suitable, because long-term has a greater risk,

IMO, shorter term has the greater risk. That's why if you look at the old ones on this market, they'll tell you to be a long termer because it's more profitable and better and lucrative.

my advice short term is good enough, get 30% to 50% in short term I think you are satisfied,
if not then get rid of your greedy!.

That's not bad but sometimes if you're for the short term that percentage is quite hard to achieve depending on the performance of the project and the projection that we have for the situation of the market itself.

[NicNacCoin]

I have seen many newbies invest some stupid coins and lose. They first enter the forum and start investing directly without taking any good route. I tell newbies to stay away from investing after coming to the forum. Still if they want to invest I would definitely say one to five to invest in Coinmarket listed coins. If all these coins are investable like bitcoin ethereum and bnb there will be no such ricks. And all these coins can definitely be profitable if invested in long term.

[Munir575]

You are very wise to secure employment before beginning to invest the strategy you choose will depend on the salary you will be receiving. If the amount you invest each month won't significantly impact your quality of life, I believe it would be a good idea to invest a portion of your income. It's a bad idea to sell coins you bought with money you invested because you might lose money when you sell them. Always make sure the money you use to invest is the money you won't need for a while.

[Mr. Magkaisa]

If the @OP is not fully knowledgeable in in trading, and yet you want to invest for a long term holdings, make coinmarketcap or coingecko become your reference as guidelines to choose in which altcoins you are going to buy, just check the top altcoins over this platform. Or if you want to try some coins that has a huge volume in the market, you could also try to search Babydoge, Mbet, shiba inu, and ISP or utk in your list data.

Athough, these altcoins I suggested to you have honestly risk, but there is a possiblity that you could save in the future once the Bull run resume in the market, I can assure with that matter. But this just my opinion, its up to you if you believe or not.

[Pandu Geddon]

I have seen many newbies invest some stupid coins and lose. They first enter the forum and start investing directly without taking any good route. I tell newbies to stay away from investing after coming to the forum. Still if they want to invest I would definitely say one to five to invest in Coinmarket listed coins. If all these coins are investable like bitcoin ethereum and bnb there will be no such ricks. And all these coins can definitely be profitable if invested in long term.

for beginners, the most important long-term investment is choosing the right asset. when we can choose good and right assets, we just need to make an investment plan.
sometimes what makes beginners fail in long-term investing is their impatience. because they always want to make quick profits and are afraid to lose. This situation sometimes makes people panic easily.

[livingfree]

With the upcoming upgrade of Ethereum and turning into proof of stake, what you're doing is timely and a good strategy. After that, you choose bitcoin.

Otherwise, it's always a good choice to have these top 1 and top 2 in the market but as what everyone will tell you to do, you should put bigger stack with bitcoin.

Well, I congratulate you OP for having this strategy because the most newbies that I see ask such questions, they're asking about some random altcoins/shitcoins they want to invest that they were interested with.

[sayaya17]

I have seen many newbies invest some stupid coins and lose. They first enter the forum and start investing directly without taking any good route. I tell newbies to stay away from investing after coming to the forum. Still if they want to invest I would definitely say one to five to invest in Coinmarket listed coins. If all these coins are investable like bitcoin ethereum and bnb there will be no such ricks. And all these coins can definitely be profitable if invested in long term.

for beginners, the most important long-term investment is choosing the right asset. when we can choose good and right assets, we just need to make an investment plan.
sometimes what makes beginners fail in long-term investing is their impatience. because they always want to make quick profits and are afraid to lose. This situation sometimes makes people panic easily.

Most newbies usually want profit in the short term, they are usually impatient when investing in crypto, because they think investing in
crypto is easy. Even though investing in crypto is not as easy as imagined, even the risk is very high. That's why newbies are often more
interested in investing in new coins, because most newbies really want big profits in the short term. Even though the risk of investing in
new coins is big, so the possibility of losing money is much greater. Many newbies lack knowledge and experience, so newbies don't know
that the best way to make a profit in the crypto world is long-term investment. That's why newbies are advised not to rush to invest in crypto,
newbies must first learn crypto, at least so that the newbie understands how to make a safe profit in crypto. Because only knowledgeable
people understand that long-term investment in top coins can generate large profits, if we can be patient waiting for the coins we buy to reach
the target we have set.

[rozak]

With the upcoming upgrade of Ethereum and turning into proof of stake, what you're doing is timely and a good strategy. After that, you choose bitcoin.

Otherwise, it's always a good choice to have these top 1 and top 2 in the market but as what everyone will tell you to do, you should put bigger stack with bitcoin.

Well, I congratulate you OP for having this strategy because the most newbies that I see ask such questions, they're asking about some random altcoins/shitcoins they want to invest that they were interested with.

for the long term and being in a bear market, I guess piling more bitcoins is the only best.
accumulating altcoins or even shitcoins that are new lately is not going to bring us any profit. especially, in the long run, I think it will only waste our money and time.
You're right, we should pile up more and fill our bags with Bitcoins right now. after having it, we can relax for quite a long time.

[harapan]

First off, it’s good to see that you have a job and is now interested in investing in the crypto market. I’m happy to see you’ve got a job cause I’m my opinion, it isn’t advisable to put all your funds into believing you’re going to make a huge profit from investments. You should only invest with spare money and I’m glad you aren’t using all your fiat into investing.
If you’re interested in investing into coins, I think it’s obvious you should invest in the more stable coin (bitcoin). You say you already have a fair amount of ethereum saved. That’s fairly good. Now you could save up on your btc as well and in the long run, you’re sure to have some good return on investment

[ningrum]

Long-term investment in my opinion is very risky for newbies, not even for newbies either, but all of them,
because in the very high volatility crypto market, our capital can be liquidated, there is a way that we can avoid that,
by eliminating greed in trading.

[abel1337]

Long-term investment in my opinion is very risky for newbies, not even for newbies either, but all of them,
because in the very high volatility crypto market, our capital can be liquidated, there is a way that we can avoid that,
by eliminating greed in trading.

Crypto market is known for it's assets volatility, It's a normal behavior of most cryptocurrency to be volatile. I don't know why you tell us that the capital can be liquidated if we take long term investment path, As far as I know you can only be liquidated if you are doing leverage trading. If you continue to accumulate crypto as your investment, The value of it won't be liquidated as long as you choose the right type of crypto to buy. It's much easier and safer compared to trading that requires knowledge and effort to do. In my opinion long term investment is always a go to for newbies as long as they choose the right type of coin to purchase.

[barryjoy]

For me mining is difficult but I found GMT Token and by holding it you are getting your certain part of processing power, which mines btc directly from the pool. Then you're connecting your wallet and getting btc there daily. APR is 24%. What do you think?

[Hamphser]

Long-term investment in my opinion is very risky for newbies, not even for newbies either, but all of them,
because in the very high volatility crypto market, our capital can be liquidated, there is a way that we can avoid that,
by eliminating greed in trading.

Crypto market is known for it's assets volatility, It's a normal behavior of most cryptocurrency to be volatile. I don't know why you tell us that the capital can be liquidated if we take long term investment path, As far as I know you can only be liquidated if you are doing leverage trading. If you continue to accumulate crypto as your investment, The value of it won't be liquidated as long as you choose the right type of crypto to buy. It's much easier and safer compared to trading that requires knowledge and effort to do. In my opinion long term investment is always a go to for newbies as long as they choose the right type of coin to purchase.

Volatile on the first place and this is where we do make money but choosing carelessly would really lead you to demise or total disaster thats why you should really be careful on taking decisions.Doesnt matter if you

are a newbie or not, you are still prone to mistakes but the main difference into those people who do have experience does know on what to do on these kind of situations.

Long term investing is something a very common to be done when you are unsure on dealing with volatility on active manner but there are people
who are really a fan on dealing with volatility and plays with it.

[blockman]

Long-term investment in my opinion is very risky for newbies, not even for newbies either, but all of them,
because in the very high volatility crypto market, our capital can be liquidated, there is a way that we can avoid that,
by eliminating greed in trading.

Zoom out the charts and you'll see that the most rewarded investors are the long term investors. Well, you don't count if you're an impatient investor and get to sell at most times when the market isn't doing good. But overall, look at the charts and it will speak for itself that it's very rewarding when you're a long term holder. Still, you'll have your own share of being short term or long term in the market and the most important thing here is that you gain experience.

[Reatim]

For me mining is difficult but I found GMT Token and by holding it you are getting your certain part of processing power, which mines btc directly from the pool. Then you're connecting your wallet and getting btc there daily. APR is 24%. What do you think?

Looks like another Both or team of Shiller that is throwing a lot for this GMT project , there are several thread and newbie accounts that continues posting this same post since morning.

Long-term investment in my opinion is very risky for newbies, not even for newbies either, but all of them,
because in the very high volatility crypto market, our capital can be liquidated, there is a way that we can avoid that,
by eliminating greed in trading.

Zoom out the charts and you'll see that the most rewarded investors are the long term investors. Well, you don't count if you're an impatient investor and get to sell at most times when the market isn't doing good. But overall, look at the charts and it will speak for itself that it's very rewarding when you're a long term holder. Still, you'll have your own share of being short term or long term in the market and the most important thing here is that you gain experience.

I dont know where did he get that belief , when we have seen many early adopters in which who keep holding that are now Millionaires if not Billionaires .

[topman21]

Long-term investment in my opinion is very risky for newbies, not even for newbies either, but all of them,
because in the very high volatility crypto market, our capital can be liquidated, there is a way that we can avoid that,
by eliminating greed in trading.

Crypto currency always unstable and highly volatile. One cannot imagine and predict future development, features and conditions. So if the newbies want to engage themselves in trading or investment, then just understand the market conditions and invest a small amount of dollars so that the amount of loss is less. Then as experience is gained you will be well placed to make larger investments.

[doomloop]

First off, it’s good to see that you have a job and is now interested in investing in the crypto market. I’m happy to see you’ve got a job cause I’m my opinion, it isn’t advisable to put all your funds into believing you’re going to make a huge profit from investments. You should only invest with spare money and I’m glad you aren’t using all your fiat into investing.
If you’re interested in investing into coins, I think it’s obvious you should invest in the more stable coin (bitcoin). You say you already have a fair amount of ethereum saved. That’s fairly good. Now you could save up on your btc as well and in the long run, you’re sure to have some good return on investment

Having a job first before investing is necessary so that we have a sufficient capital of course and then we won't hurry to sell only to have a cash because we already have some (thanks or our job) but even if we already have a job, it is still not advisable to put all your funds or your salary in cryptos because how you are going to pay your bills and how you are going to eat if you do that?

If only the price can pump the next day after we put our money then why not? But in reality, that's not how things work here but investing usually takes time for your money to grow. Bitcoin is not a stable coin but eth and alts are although btc still can work well in a long term investment.

[TheGreatPython]

With the upcoming upgrade of Ethereum and turning into proof of stake, what you're doing is timely and a good strategy. After that, you choose bitcoin.

Otherwise, it's always a good choice to have these top 1 and top 2 in the market but as what everyone will tell you to do, you should put bigger stack with bitcoin.

Well, I congratulate you OP for having this strategy because the most newbies that I see ask such questions, they're asking about some random altcoins/shitcoins they want to invest that they were interested with.

I do agree, it's clear to me that not many people totally understand what it means to make a good investment when they are talking about long term investment. I have seen people who think doge or shiba as a great long term investment for example and that just makes me laugh.

But, when we are talking about ethereum and similar stuff then it makes it so much better and easier. That's of course because ETH is actually a good project that has a great development team while staying decentralized because it asks people if we want that development or not, and proof of stake will be an amazing one and we are going to profit from it when the time comes, hence why I am holding ethereum for a very long time.

[Mahanton]

Long-term investment in my opinion is very risky for newbies, not even for newbies either, but all of them,
because in the very high volatility crypto market, our capital can be liquidated, there is a way that we can avoid that,
by eliminating greed in trading.

Crypto currency always unstable and highly volatile. One cannot imagine and predict future development, features and conditions. So if the newbies want to engage themselves in trading or investment, then just understand the market conditions and invest a small amount of dollars so that the amount of loss is less. Then as experience is gained you will be well placed to make larger investments.

You could always be having the option on what things you should gonna do and it would really be depending on your goal or interest because when we are still a noob then we are thinking
about making active trades so that we could really make money in shortest time as possible and on the time that we are suffering negatives then this is where we do end up on holding
instead or simply making it as an investment which we dont really have any choice rather than on making yourself do make some panic selling which we know that it wont really be that worth.
Invest on things which you do see that it does have potential.Just dont make yourself to get influenced by other speculations around.

[harapan]

Having a job first before investing is necessary so that we have a sufficient capital of course and then we won't hurry to sell only to have a cash because we already have some (thanks or our job) but even if we already have a job, it is still not advisable to put all your funds or your salary in cryptos because how you are going to pay your bills and how you are going to eat if you do that?

If only the price can pump the next day after we put our money then why not? But in reality, that's not how things work here but investing usually takes time for your money to grow. Bitcoin is not a stable coin but eth and alts are although btc still can work well in a long term investment.

I think it should be emphasized more often about having one or several sources of income before comfortably venturing into investing. Having several sources of income would greatly boost your finances and you would have some little money to comfortably and safely invest with. And even with several sources of income, it’s wise and kinda safer to spread and diversify your investments and not having to put a whole lot on a single investment. You could very well incur a loss even with due diligence on the investment. 

[Kopetunto]

a good long-term investment that must be able to have the right position when buying,
if you buy crypto currency in the wrong position then your investment will be really risky,
because we know the volatility and uncertainty of cryptocurrency prices are very high

[gunhell16]

If someone is new in crypto trading so i will suggest that you should invest in coin for lengthy time period because newbies has not such a good experience and day trading  can be not such beneficial for newbies. Long term investment can be useful as it overcome the chances of losing money and you will surely gain advantage out of it.

Most of the time I see that newbies who enter the world of crypto trading are mostly lacking in knowledge here, and only rely on what others are saying who give opinions here without even double checking if the opinions are correct or not. that he read, so in the end they often go home in tears because their investment is also dissolved because of this matter. That's why if you are a beginner you should just start with spot trading first. and while you are a beginner it is better to choose the altcoins that are good in the long term apart from Bitcoin it is also good to choose Matic, Bnb, Xrp, and UTK for my own opinion as long as you always use DYOR (do your own research).

a good long-term investment that must be able to have the right position when buying,
if you buy crypto currency in the wrong position then your investment will be really risky,
because we know the volatility and uncertainty of cryptocurrency prices are very high

Yes! you are correct dude, it should be always do it in the right timing when we do buy or sell in the market.
However, we still need to sensitive in the movement of the assets we have in the exchange of course. So that,
we can use the volatility for us to gain in the future as well even though there is risk on doing this matter anyway.

[topman21]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

I think Bitcoin and then Ether are very effective for long term investment. Last year we saw many experts predict that if Bitcoin stayed above $100K, Ether would be at $25K. So I think Ether could be a good investment. There are also other altcoins that you can invest especially if you invest in both BNB and ADA both of the two can give you good returns in the long term investment.

Ethereum is the best among the coins that pumped the most after the market crashed twice recently. Those who want to invest in new marketing should definitely invest in coins above the coin market cap. If Ethereum can be invested in these coins, there will be a possibility of huge profits in the future.

[tomos81]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

I think Bitcoin and then Ether are very effective for long term investment. Last year we saw many experts predict that if Bitcoin stayed above $100K, Ether would be at $25K. So I think Ether could be a good investment. There are also other altcoins that you can invest especially if you invest in both BNB and ADA both of the two can give you good returns in the long term investment.

Ethereum is the best among the coins that pumped the most after the market crashed twice recently. Those who want to invest in new marketing should definitely invest in coins above the coin market cap. If Ethereum can be invested in these coins, there will be a possibility of huge profits in the future.

Ethereum is undoubtedly a coin worth investing in. If someone has no experience about investment then it is forbidden to invest without knowing anything about the project in the market.But Ethereum is a project that you can invest without analysis. So for those who are new, now is the time to invest in Ethereum.

[junkerr]

Ethereum is undoubtedly a coin worth investing in. If someone has no experience about investment then it is forbidden to invest without knowing anything about the project in the market.But Ethereum is a project that you can invest without analysis. So for those who are new, now is the time to invest in Ethereum.

some coins are easy for us to invest in, especially for long-term planning. assets such as ETH and BTC, I think there is no doubt, even without analysis for a long-term plan we can buy at any time. and in the future, the results will still be felt.
There's no need to worry about bear markets because history tells us. this market will keep changing with the bull trend and alternate with the bear market. we just need to be patient and make a good plan.

[retreat]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

I think Bitcoin and then Ether are very effective for long term investment. Last year we saw many experts predict that if Bitcoin stayed above $100K, Ether would be at $25K. So I think Ether could be a good investment. There are also other altcoins that you can invest especially if you invest in both BNB and ADA both of the two can give you good returns in the long term investment.

Bitcoin price history we can see and the price of ethereum has an attachment to the price of bitcoin, when the price of bitcoin goes down and up then the price is affected. for a newbie, it is best to choose a reputable cryptocurrency and bitcoin, ethereum and bnb are good recommendations.

[Munir575]

However many newbies with constrained capacity will choose other currencies (altcoins) that are less expensive than bitcoin. Newbies to the bitcoin market must deal with this reality. The problem resides in the instruction or persuasion that newcomers obtain to acquire shitcoin, even though there are legitimate altcoins on the market at low prices that we may use to make long-term investment assets. Beginners in the cryptocurrency market need to have self-control and never let other people or promises of tremendous wealth from investing in shitcoin influence them.

[NicNacCoin]

For me mining is difficult but I found GMT Token and by holding it you are getting your certain part of processing power, which mines btc directly from the pool. Then you're connecting your wallet and getting btc there daily. APR is 24%. What do you think?

This is where I think it becomes the most risky. Investing in mining projects doesn't make sense to me at all.I have seen many mining projects where there is a lot of APR but the number of coins you buy and mine but then the price gets dumped a lot.Here I can definitely say Bitcoin Ethereum BNB to invest long term There are also some other coins that you can invest in for long term.And it will be a little less risky for newbies because all these coins will take much better positions in the future.

[Rigon]

If you make regular investments every month or every time you receive a paycheck from work, it is a very good choice and it is a DCA like the first one I invested in that only relies on a monthly salary that has been set aside.
do it after you meet all your needs from your salary and the rest you invest, and I prioritize bitcoin and some altcoins after doing some research especially the top altcoins.

Yes your decision is right but definitely choose good currency to invest Always pay attention to coins like Bitcoin, Ethereum and BNB to invest in.There are many people I have seen investing in different ALT coins that are completely risky.Never take any risk in your investment, definitely invest in coins that dominate the market.And investing is basically good for me, I'm always in investment, I always think of exiting early if I get a profit.I don't hold anything long term for big profit. I am always happy with small profits and leave.Because of which I have always benefited from investments.

[Jatiluhung]

for the long term I only dare to hold BTC and some other coins like ETH and BNB. and for other coins I only collect them for medium term investment. I collect with the DCA Method. and sell it using the DCA method. so that under any market conditions I can still make a profit. but as a newbie of course I often can't stop myself from rushing to buy when there's hype. but I have friends who always advise me about crypto so I rarely encounter losses.

[Pandu Geddon]

for the long term I only dare to hold BTC and some other coins like ETH and BNB. and for other coins I only collect them for medium term investment. I collect with the DCA Method. and sell it using the DCA method. so that under any market conditions I can still make a profit. but as a newbie of course I often can't stop myself from rushing to buy when there's hype. but I have friends who always advise me about crypto so I rarely encounter losses.

You should be grateful that you still have friends who tell you and who can control the trades you make so they are less risky.
in learning to trade we need to have people to remind us. so often telling stories and asking for advice from others is also important for us to become more careful traders.
whatever tool you use, I think everyone will use it too. most importantly, you can control yourself in trading. Many beginners cannot succeed in trading because of uncontrollable greed.

[Longer27]

A good strategy is to buy when it's cheap and sell when it's expensive...It sounds so simple but why but why are 80% of investors in the red?

[koang]

A good strategy is to buy when it's cheap and sell when it's expensive...It sounds so simple but why but why are 80% of investors in the red?

When investing in crypto we must have careful planning, in addition to fundamental factors,
choosing the right investment strategy will be closely related to the investment goal.
And crypto prices are very volatile, determining the right time to sell will go hand in hand with the results obtained

Btw, Cryptocurrency may be a good investment but is not for everyone, especially those with a conservative risk profile

[RealMalatesta]

You should be grateful that you still have friends who tell you and who can control the trades you make so they are less risky.
in learning to trade we need to have people to remind us. so often telling stories and asking for advice from others is also important for us to become more careful traders.
whatever tool you use, I think everyone will use it too. most importantly, you can control yourself in trading. Many beginners cannot succeed in trading because of uncontrollable greed.

That type of friends is very valuable, I have a friend like that which helped me understand the difference between how to approach short term and how to approach long term as well. Thanks to him I have been making a decent enough profit and that has been great deal for me. Of course, it is not that easy to make a profit, but it is not that impossible neither when you realize the differences.

This is how I have a savings account type of long term investment in btc, eth, bnb and they are doing well, and I also have some funds where I call it "fun time" which I use for experimental short term stuff which sometimes works and sometime fails but never hurts my general economy.

[virasisog]

A good strategy is to buy when it's cheap and sell when it's expensive...It sounds so simple but why but why are 80% of investors in the red?

This seems so easy but lots of investors still fail for some reasons. Some of them buy while the price is still high because of the fear of missing out. They believe that the coin would continue to strike high and they could still take a huge profit from it while others sell when the price drops because of the fear of losing everything they have. Crypto investment is too challenging and the volatility of the market will test you so you better have strong hands to face all your fears.

[Quidat]

A good strategy is to buy when it's cheap and sell when it's expensive...It sounds so simple but why but why are 80% of investors in the red?

This seems so easy but lots of investors still fail for some reasons. Some of them buy while the price is still high because of the fear of missing out. They believe that the coin would continue to strike high and they could still take a huge profit from it while others sell when the price drops because of the fear of losing everything they have. Crypto investment is too challenging and the volatility of the market will test you so you better have strong hands to face all your fears.

When market is pumping then it cant really be avoided that FOMO feeling which even myself to be considered an old timer of this market do still fall out with this kind of emotion whenever the market do

make out some significant movement specially on uprising moment where you would really be thinking on diving in despite of the high price because you are really in fear on missing out the opportunity to

make profits since we've seen on how many times where bitcoin do make out some rally or crypto market as a whole where everything is rising.This is where experience and knowledge will
differ into each person because decision made would be basing on that one.

[AmoreJaz]

for the long term I only dare to hold BTC and some other coins like ETH and BNB. and for other coins I only collect them for medium term investment. I collect with the DCA Method. and sell it using the DCA method. so that under any market conditions I can still make a profit. but as a newbie of course I often can't stop myself from rushing to buy when there's hype. but I have friends who always advise me about crypto so I rarely encounter losses.

it is always a smart choice to stop and think if you are talking about hype up coins. because more then likely, most of them will die for no reason. this is why it is better to stick with brick-and-mortar coins like BTC. you can add ETH and BNB in the list. though OP's choice of ADA is also quite worth looking at. at the end of the day, your money, your choice. but whatever the results will be, is your burden to bear.

[lalabotax]

A good strategy is to buy when it's cheap and sell when it's expensive...It sounds so simple but why but why are 80% of investors in the red?

Investing in crypto is not as easy as said. This is not only about buying cheap and selling at a higher price. For, we don't know if the price will rise up significantly after we bought the coins or if the coins will dramatically drop again and again.
That is why we need to make certain analyses on what we are going to take, for buying what coins, at what rates, and for what target.
Investing in crypto is a high risk, moreover in altcoins which are new enough. It may be only because of hype so the price rises up very high. However, the price will fall down quickly after the hype is over. This condition is very often happens in the crypto world. That is why we need to analyze what coins to invest seriously and carefully.

[Tomohisa]

A good strategy is to buy when it's cheap and sell when it's expensive...It sounds so simple but why but why are 80% of investors in the red?

This seems so easy but lots of investors still fail for some reasons. Some of them buy while the price is still high because of the fear of missing out. They believe that the coin would continue to strike high and they could still take a huge profit from it while others sell when the price drops because of the fear of losing everything they have. Crypto investment is too challenging and the volatility of the market will test you so you better have strong hands to face all your fears.

FOMO is always there of the unpredictable in the market, low for days and high all suddenly. Many instances like this only reinforce newbies into more FOMO. That's why you DCA no matter what. Whether you're a newbie or not, DCA is the only way to make sure if you made a wrong call, your loss should be minimum. Help you from missing out on the real chance to high too.

[kawetsriyanto]

My goal right know is to accumulate as much crypto as I can,

I am not sure if this is right, but it is better if you are investing as wisely as you can. Investing in crypto is very risky, although you have set aside your salary to invest in crypto, ensure that those are amounts that you can afford to lose. because no guarantee in crypto investment.
Additionally, investing in crypto is better in wise conditions, but not as much as you can. You need to consider what crypto to invest in, moreover for long-term investment. Investing in new altcoins may be very risky and not really suitable for you.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course.

If the coin is Ethereum, this is good enough. I think that the first crypto to invest wisely is Bitcoin. It is better to collect more Bitcoin moreover during this bearish time. Additionally, the second one is Ethereum after Bitcoin and then followed by BNB. These are my favorite coins to invest in. But, in this case, i suggest you to do your own research at first to decide what risks to take.

[Shasha80]

A good strategy is to buy when it's cheap and sell when it's expensive...It sounds so simple but why but why are 80% of investors in the red?

Investing in crypto is not as easy as said. This is not only about buying cheap and selling at a higher price. For, we don't know if the price will rise up significantly after we bought the coins or if the coins will dramatically drop again and again.
That is why we need to make certain analyses on what we are going to take, for buying what coins, at what rates, and for what target.
Investing in crypto is a high risk, moreover in altcoins which are new enough. It may be only because of hype so the price rises up very high. However, the price will fall down quickly after the hype is over. This condition is very often happens in the crypto world. That is why we need to analyze what coins to invest seriously and carefully.

Some people still underestimate investing in crypto, that's why many people experience losses when investing in crypto. Because if we think of
investing in crypto as just buying at a low price and selling it when the price is high, in reality it's not that easy. Because crypto market movements
are volatile and not easy to predict, so sometimes the market often moves not according to our expectations.

That's the importance of careful planning when we want to invest in crypto, especially if we decide to invest in the long term. We don't just have
to choose the right coins and determine the selling target we want. In addition, long-term investments need good emotional control. Because like
you said the risk of investing in crypto is very high, there is a possibility that the price of the crypto that we have bought suddenly the price
drops drastically. If we feel that our coin choice is correct, we must be patient and should not panic, we must believe the market will recover.
The key to long-term investing is patience, we have to be patient holding until our target is achieved no matter what happens.

[Chainsmokers]

like this, long term investment is something that is not easy, of course we have to think about all the risks, and experience must also be a lot,

because we are the world of crypto currencies, where prices are very volatile, even a professional can fail, especially a newbie,

one of the The thing that needs to be considered in long-term investment is project fundamentals, if you don't understand it, it's better to learn first.

[NicNacCoin]

First you need to choose the best coin for long term investment, it will be Bitcoin since it has been proven already survive for 13 years. All coins except Bitcoin is just a shitcoins and it's not good for long term holding because many creator is just looking for profit and then run away with investors money. Even Monero is a good altcoin, but I have to disagree to hold it for long term due to it's privacy concern.

Start DCA and bought the dip with any money you can afford to lose, you shouldn't and never use any emergency money.

Bitcoin is one of the most popular currencies in the cryptocurrency world. If Bitcoin was not created, we might not have any digital currency in this digital age.But I always believe and adhere that Bitcoin is the best coin to invest. If any of you are interested in investing then definitely invest in Bitcoin All markets keep their movements depending on the Bitcoin market.I would definitely not recommend investing in any coin other than Bitcoin, especially to newbies.

[Phyllomania]

The best tip is that before investing take your time in studying the market. Do not blindly put your money. Learn how to analyse the market and test the market with small capital. Then, take bigger risks as you gain experience.

[LastKiss]

The best tip is that before investing take your time in studying the market. Do not blindly put your money. Learn how to analyse the market and test the market with small capital. Then, take bigger risks as you gain experience.

Well as long as new people who want to invest in the long term do not invest their money in shit coins then I guess it will be alright since we can pick top coins on coinmarketcap like ETH and BNB. Never FOMO because other people invest in that project because there's a chance that's a scam project and don't forget to use money that we can afford to lose.

[globalpain]

like this, long term investment is something that is not easy, of course we have to think about all the risks, and experience must also be a lot,

because we are the world of crypto currencies, where prices are very volatile, even a professional can fail, especially a newbie,

one of the The thing that needs to be considered in long-term investment is project fundamentals, if you don't understand it, it's better to learn first.

It's better to learn first because crypto is a big risk and for beginners they understand it so as not to make adverse decisions,
long term investment for beginners is to invest in Bitcoin and it is the safest,
but again they have to keep learning

[muarip]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

I think Bitcoin and then Ether are very effective for long term investment. Last year we saw many experts predict that if Bitcoin stayed above $100K, Ether would be at $25K. So I think Ether could be a good investment. There are also other altcoins that you can invest especially if you invest in both BNB and ADA both of the two can give you good returns in the long term investment.

Bitcoin price history we can see and the price of ethereum has an attachment to the price of bitcoin, when the price of bitcoin goes down and up then the price is affected. for a newbie, it is best to choose a reputable cryptocurrency and bitcoin, ethereum and bnb are good recommendations.

It's only natural with the price that will appear later. if the price of Bitcoin decreases it will impact all coins. Not only Ethereum is experiencing a decline but almost everyone is experiencing it.

[globalpain]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

I think Bitcoin and then Ether are very effective for long term investment. Last year we saw many experts predict that if Bitcoin stayed above $100K, Ether would be at $25K. So I think Ether could be a good investment. There are also other altcoins that you can invest especially if you invest in both BNB and ADA both of the two can give you good returns in the long term investment.

Bitcoin price history we can see and the price of ethereum has an attachment to the price of bitcoin, when the price of bitcoin goes down and up then the price is affected. for a newbie, it is best to choose a reputable cryptocurrency and bitcoin, ethereum and bnb are good recommendations.

It's only natural with the price that will appear later. if the price of Bitcoin decreases it will impact all coins. Not only Ethereum is experiencing a decline but almost everyone is experiencing it.

It has become an open secret and we can see it now when the price of Bitcoin drops then it will be followed by other coins,
actually not all coins will experience the same thing,
I think that's why Bitcoin is still the king of crypto

[Chainsmokers]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

I think Bitcoin and then Ether are very effective for long term investment. Last year we saw many experts predict that if Bitcoin stayed above $100K, Ether would be at $25K. So I think Ether could be a good investment. There are also other altcoins that you can invest especially if you invest in both BNB and ADA both of the two can give you good returns in the long term investment.

Bitcoin price history we can see and the price of ethereum has an attachment to the price of bitcoin, when the price of bitcoin goes down and up then the price is affected. for a newbie, it is best to choose a reputable cryptocurrency and bitcoin, ethereum and bnb are good recommendations.

It's only natural with the price that will appear later. if the price of Bitcoin decreases it will impact all coins. Not only Ethereum is experiencing a decline but almost everyone is experiencing it.

I also feel pain in this bear market, all support is broken in an instant, and I have to be forced to cut losses and buy back,
of course this makes our psychology chaotic, especially for newbies if they want long term investment,
of course they must be really prepared with this volatility .And of course you have to be mentally strong!

[LUCKMCFLY]

Tips for newbies always choose good coins while investing.Always invest on the top coins. Because since you are new to this cryptocurrency, I think you should not invest in any shitcoin.There are many coins that fluctuate a lot in the market. And once it is completely exhausted I would say you should stay away from all these coins if you want to invest long term definitely invest in all coins in bitcoin ethereum bnb In this you will have profit and risk will be less.

Yeah staying away from shitcoin is the best move for someone who is new in this cryptocurrency market, when they waste their money on shitcoin they will have a bad experience in crypto and in the end they will be afraid to invest in crypto again. Learn how to different between a real coin and a shit coin so you won't get into the trap for shitcoin. Maybe getting a guide from a friend is also an option.

Shitcoins are not a good investment decision, in fact the only currency that I consider that I recommend buying but that you have to wait as long as necessary until it rises is BTC, for me it is the safest stock / currency in the world, of made for me the BTC can reach a price close to $100k and in fact I know that it will exceed that target, but it is not known when it could happen, it could be today, or tomorrow, maybe in a few months or 1 year , but I know that it will happen, I am completely convinced that it will be so, but with the only option that you must wait as long as necessary until the price rises and generates profits.

[Ziskinberg]

A good strategy is to buy when it's cheap and sell when it's expensive...It sounds so simple but why but why are 80% of investors in the red?

I'm not sure where you get that number 80%. Well, it can't deny that many investors have suffered losses and that is certainly because they don't know what they are doing, invested and fall into the wrong project/s, and due to uncontrollable emotions.

You can't simply think that investing in crypto, in any coins gives you assurance. A lot of scam projects and shitcoins flooded the market, and if you are too careless and lazy enough, not to wonder why you will lose.

[muarip]

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

I think Bitcoin and then Ether are very effective for long term investment. Last year we saw many experts predict that if Bitcoin stayed above $100K, Ether would be at $25K. So I think Ether could be a good investment. There are also other altcoins that you can invest especially if you invest in both BNB and ADA both of the two can give you good returns in the long term investment.

Bitcoin price history we can see and the price of ethereum has an attachment to the price of bitcoin, when the price of bitcoin goes down and up then the price is affected. for a newbie, it is best to choose a reputable cryptocurrency and bitcoin, ethereum and bnb are good recommendations.

It's only natural with the price that will appear later. if the price of Bitcoin decreases it will impact all coins. Not only Ethereum is experiencing a decline but almost everyone is experiencing it.

It has become an open secret and we can see it now when the price of Bitcoin drops then it will be followed by other coins,
actually not all coins will experience the same thing,
I think that's why Bitcoin is still the king of crypto

It's natural to see Bitcoin experiencing a decline and other children will follow suit. You can describe that Bitcoin is the queen of other coins and everything will be oriented to Bitcoin.

[Rehan Zakir]

It is very difficult for a newbie to decide whether this coin in which he/she is investing will pump or not? A professional trader can advise about it. Because he is in the market and he knows the coins that performs well when the market get stable.
So, buy a trading view monthly package for getting paid signals for every month. This will help you a lot about this thing.

[RockBell]

snip

when it comes to crypto currency patience must be applied,you have to study the market before making any move to buy any coin study the charts and accumulating eth and bitcoin is actually a good move am happy you never gave up after your first attempt the goal is never give up your story is actually encouraging to many of us, long time investment is a good one ,holding for a long time is great i remember bitcoin price in 2020 was 19,000 dollars and in  November 2021 the price sky rocket to 65,000 dollars what a great profit so look at the benefit of holding for a long time during bear just ignore the market and accumulate more , i love the spirit so keep accumulating and make more money during bear market.   

[Fredomago]

snip

when it comes to crypto currency patience must be applied,you have to study the market before making any move to buy any coin study the charts and accumulating eth and bitcoin is actually a good move am happy you never gave up after your first attempt the goal is never give up your story is actually encouraging to many of us, long time investment is a good one ,holding for a long time is great i remember bitcoin price in 2020 was 19,000 dollars and in  November 2021 the price sky rocket to 65,000 dollars what a great profit so look at the benefit of holding for a long time during bear just ignore the market and accumulate more , i love the spirit so keep accumulating and make more money during bear market.   

If you have that kind of trust with the asset that you'll going to hold, the chance of seeing how huge the growth might be is really possible, it's more on how you conduct your research and how you'll be able to manage all the struggles while you are holding your assets. Afterwards the benefits will be witness when the pump start to be stronger.

Along the way, you will be able to find what kind of strategy or what kind of system you'll be going to apply.

It's a process that you'll be going to learn from time to time if you are really keen on learning the business.

[Dissimulate]

Start with learning about the market. Do not invest money that you need to use daily. And don’t be hasty with investment. You can start with reading blogs like Coindesk and cointelegraph

[BobK71]

It is very difficult for a newbie to decide whether this coin in which he/she is investing will pump or not? A professional trader can advise about it. Because he is in the market and he knows the coins that performs well when the market get stable.
So, buy a trading view monthly package for getting paid signals for every month. This will help you a lot about this thing.

According to the different types of investment, it depends on your risk. In this case, those who plan short term investment that would be more risky. Since the current market is not good, you must follow Long term Strategy. Long term is suitable for everyone who is experienced or inexperienced. Which can keep you risk free from this difficult situation.

[EdenHazard]

It is very difficult for a newbie to decide whether this coin in which he/she is investing will pump or not? A professional trader can advise about it. Because he is in the market and he knows the coins that performs well when the market get stable.
So, buy a trading view monthly package for getting paid signals for every month. This will help you a lot about this thing.

According to the different types of investment, it depends on your risk. In this case, those who plan short term investment that would be more risky. Since the current market is not good, you must follow Long term Strategy. Long term is suitable for everyone who is experienced or inexperienced. Which can keep you risk free from this difficult situation.

+1

When you trade for long term ... you will have higher chance to take the profit at the perfect time. I mean for instance when you bought 1 bitcoin now at $20k and seeing the price dropped half to $10k then your investment value become $10k at the short term ...
now let's say in the next 6 months the price get backup trippled from $10k to $30k , at this point your investment growing significantly in the long term.

So yeah the choice is yours.

[andriarto]

It is very difficult for a newbie to decide whether this coin in which he/she is investing will pump or not? A professional trader can advise about it. Because he is in the market and he knows the coins that performs well when the market get stable.
So, buy a trading view monthly package for getting paid signals for every month. This will help you a lot about this thing.

According to the different types of investment, it depends on your risk. In this case, those who plan short term investment that would be more risky. Since the current market is not good, you must follow Long term Strategy. Long term is suitable for everyone who is experienced or inexperienced. Which can keep you risk free from this difficult situation.

the initial intention to invest is to get good results as expected, but this should not be stuck with the investment time, to get it can happen sooner or later than we think. As long as you invest in the right coins, even beginners should be able to calm down in responding to market fluctuations. unfortunately many beginners want to invest in a short time and make a lot of profit, but in reality the bearish trend continues and there is a panic sell

[blockman]

Start with learning about the market. Do not invest money that you need to use daily. And don’t be hasty with investment. You can start with reading blogs like Coindesk and cointelegraph

The problem with some investors, is they don't invest that money you've mentioned that shall not be in use for daily use. What they're investing is money that they immediately need in terms of buying the stuff that they need. It is because when they hear the term investment, either long or short, they're thinking about its profitability in a quick manner. That's why many of them are losing and don't see the greatness of being long and stable but requires long waiting for them to see the result.

[Myleschetty]

It is very difficult for a newbie to decide whether this coin in which he/she is investing will pump or not? A professional trader can advise about it. Because he is in the market and he knows the coins that performs well when the market get stable.
So, buy a trading view monthly package for getting paid signals for every month. This will help you a lot about this thing.

According to the different types of investment, it depends on your risk. In this case, those who plan short term investment that would be more risky. Since the current market is not good, you must follow Long term Strategy. Long term is suitable for everyone who is experienced or inexperienced. Which can keep you risk free from this difficult situation.

the initial intention to invest is to get good results as expected, but this should not be stuck with the investment time, to get it can happen sooner or later than we think. As long as you invest in the right coins, even beginners should be able to calm down in responding to market fluctuations. unfortunately many beginners want to invest in a short time and make a lot of profit, but in reality the bearish trend continues and there is a panic sell

@Rehan Zakir Why is it different for a newbie to decide whether the coin he invested in will pump if he's not looking for lust through shitcoin and prioritized his investment in Bitcoin?
@BobK71 I believe the short-term investment is never a good decision in the first place. The concept of crypto is to be used as an asset and currency.
@andriarto The first intention ought to be to appreciate the technology and this will develop unique affection and understanding about it.

[AjithBtc]

Just invest 60% of the value on the top cryptocurrency. Rest on altcoins with good market. Just relax and never look upon the profit/loss for certain time period. Surely one can enjoy good profit out of the investment. Another choice, invest what you can afford to loss on few low price coins that are predicted to turn big in the future. Choose few of such coins and buy it. Keep watching the market and surely you can make good profit at some point.

[muarip]

Start with learning about the market. Do not invest money that you need to use daily. And don’t be hasty with investment. You can start with reading blogs like Coindesk and cointelegraph

It's like you drink poison that you don't know about the levels in it. If you understand it maybe you will be more careful about what you do later.

[Elias89P]

Great post, Thankfull 

[dunfida]

Start with learning about the market. Do not invest money that you need to use daily. And don’t be hasty with investment. You can start with reading blogs like Coindesk and cointelegraph

It's like you drink poison that you don't know about the levels in it. If you understand it maybe you will be more careful about what you do later.

You dont need to drink up poison just for you to find out that it is really safe.You could always look on others experience for you to make yourself aware on how things been working.

You are the ones who would really be able to find out on what things should be done or not and those via with experience and this is where our career begins because learning could really be attained or earned

through real experience and you shouldnt forget to snip out some idea from other people which would really be adding up overall awareness and being that sensible.

[BobK71]

Just invest 60% of the value on the top cryptocurrency. Rest on altcoins with good market. Just relax and never look upon the profit/loss for certain time period. Surely one can enjoy good profit out of the investment. Another choice, invest what you can afford to loss on few low price coins that are predicted to turn big in the future. Choose few of such coins and buy it. Keep watching the market and surely you can make good profit at some point.

Cryptocurrencies are risky investments. There is definitely no substitute for Bitcoin to make a good investment. There are a large number of altcoins in the market, which increases the more risk of investing. But even though Bitcoin is risky, it can return to the price you expect at some point. Which is not always possible with any other altcoin. Also some alts don't appear to move to that position once the ATH occurs. So if you want to make a reliable investment, choose Bitcoin first.

[Fredomago]

In bearish markets all types of coins ‍are worthy for long-term investments but many people invest in various sheet coins in hopes of higher profits, which is a big mistake for them. Keep in mind that bitcoin is the best along with some altcoins where it is possible to get good returns on long term investment but it is not possible with Shit coins. I myself have small holdings in a few altcoins including Bitcoin. These are Ethereum, BNB, ADA and SOL. I believe they are capable of giving maximum returns anytime in a bullish market.

In the bullish season all those coins that you are holding will potentially performs especially bitcoin we have seen this kind of action every bull run, it's just important to keep in mind that it will take time and the timing always rely on how you set your expectations, long-term can be more than a year as long as you are not seeing your target selling position better to keep your asset intact inside your wallet.

I think newbie who invest first time in cryptocurrency so first thing is that they gain knowledge about cryptocurrency and the second thing is that they invest which project first they study about this and there team there Roadmap everything read so they invest.
And after invest wait for profit and keep patient.

Collecting all the possible knowledge it's a key factor when you are into this business, make sure that you are open-minded so you can take every mistake and convert it to your learning experienced, the more you learn the more you follow a good path for a winning strategy that will give you great success into this kind of investment.

[rby]

I think newbie who invest first time in cryptocurrency so first thing is that they gain knowledge about cryptocurrency and the second thing is that they invest which project first they study about this and there team there Roadmap everything read so they invest.
And after invest wait for profit and keep patient.

How many newbies are willing to learn? Very few newbies, because majority of the newbies come with the get rich quick syndrome. And that is a big disease that leads to losses and depression. What that desire to get rich and get coins that can do x40, x100 is the reason they jump into all kinds of projects without knowing the road map, they just believe that is is a luck that a project can get successful by luck. But they do not know that it doesn't happen that way. You must learn and learn before you will know how to earn. It is a process everyone has to follow to be successful in the field of crypto.

[Jatiluhung]

For beginners, of course, it is very difficult to find a good project to enter as an option in making long-term investments. but I myself see that in a bear market this is a good opportunity for beginners to start paying off some coins that are already at a fairly low price. even bitcoin is currently being corrected. so buying gradually may be possible from the current level. but do an analysis of various aspects such as reading the news and others will be very helpful in making decisions.

[downunder]

Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

[Alert31]

If you want to invest for long term....It depends on your capital and how long could you wait because  nobody knows when this bear market ends. Also just invest in top 10 cryptocurrency in the market or those with high potential to grow in the future. Long term investment is not easy, you need to be careful and patient while waiting the bull market or the rigjt time to earn profit from your investment. Although, it's good to accumulate more coins now, always be careful and just invest the amount that you can afford to lose.

[Hamza2424]

I would like to say if you are going to make a major investment then be careful crypto is volatile but highly rewarding so be smart and wait for a perfect entry and then forget about it for the Long time period then in new Bull run see ohh you are millionaire haha BTC is the only choice if you want to expand the investment then dear dont buy at once make some limit orders time to time and then bro you can do one more thing choose 3 to 4 different long term assets as be careful other then BTC i wont prefer but you can go with ETH, DOT, and ADA.

[batang_bitcoin]

Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

Continue doing it, you said that you're DCAing and buying low and selling high. Well, you can accumulate as much as you can while it's on the bottom as you might think.
Then, you have to hold bitcoin if you decide to think long term. But if not, you have to sell at profit prices. That's all you need to do and just repeat all the process until you master it. As for the source, depends on what you want to learn, if it's trading, you're on the right section.

[Rengga Jati]

.... Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Investing in BItcoin is the first choice, this is much better than other cryptocurrencies.
However, you may also divide your money into some assets to minimize the risk and optimize the profit and chances.
However, I do agree with most members here, not all altcoins are worthy for the next investment.
I will no doubt put my money on ETH for long-term investment besides Bitcoin. This has higher chance to rise up than other altcoins. Then, it is followed by BNB, I am sure with the utility of this coin, this will have also higher chance to rise up.
But for other altcoins, well, I am not sure to buy again and hold them

[awik p]

Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

Continue doing it, you said that you're DCAing and buying low and selling high. Well, you can accumulate as much as you can while it's on the bottom as you might think.
Then, you have to hold bitcoin if you decide to think long term. But if not, you have to sell at profit prices. That's all you need to do and just repeat all the process until you master it. As for the source, depends on what you want to learn, if it's trading, you're on the right section.

I think there is no problem for long-term investment in bitcoin, as long as we are able to maintain the psychological to keep it. but it will be different if we want to hold altcoins in the long term, of course it will have more risk and require specific thinking to analyze the market, although in general buy low sell high, but believe me it's not that easy. In addition to choosing the coin, in long-term investment, of course, we must pay attention to the security of the wallet used.

[batang_bitcoin]

Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

Continue doing it, you said that you're DCAing and buying low and selling high. Well, you can accumulate as much as you can while it's on the bottom as you might think.
Then, you have to hold bitcoin if you decide to think long term. But if not, you have to sell at profit prices. That's all you need to do and just repeat all the process until you master it. As for the source, depends on what you want to learn, if it's trading, you're on the right section.

I think there is no problem for long-term investment in bitcoin, as long as we are able to maintain the psychological to keep it. but it will be different if we want to hold altcoins in the long term, of course it will have more risk and require specific thinking to analyze the market, although in general buy low sell high, but believe me it's not that easy. In addition to choosing the coin, in long-term investment, of course, we must pay attention to the security of the wallet used.

There is really no problem holding bitcoin for long term because it's the most effective way of profiting from it. I don't know if there are people having problems holding it for long term, maybe the doubters and unbelievers of it. But for people like me, I've got proof and experience that it's the best asset that I have been holding and sold and made profit from it and that's why I'll keep doing what I've been doing for a long time because it's beneficial for me.

[Stable090]

If you want to enjoy in cryptocurrency is better you get a job and you can start investing, so that whenever there is bear market you won’t endup spending the money you already used to buy coin already, but whenever you are having a job or another source of income you can easily be spending money from there whenever there is bear market. Investing in eth is a nice, eth is a good coin which will surprise people very soon, just keep in accumulating.

[xzy887]

While everyone want to invest in bitcoin - people want to be rich very quick

Investing in Bitcoin does not mean you will get rich. Because you have to understand that Bitcoin is a training coin. This coin also trades. And for that it is not understood when this coin will be up or down. If you invest in this Bitcoin during market down or bear market then you can profit. But if you buy Bitcoin at the highest price then you can suffer loss from here too. But it can be said that you can profit by holding Bitcoin for a long time.And definitely invest your extra money here because you have to remember that you are holding here for the long term. If you hold for long time then you will not be able to withdraw money from here. You have to wait for the market to rise. So not only that investing in Bitcoin will make you profitable, but first you need to gain good knowledge about the market.

[Fredomago]

There is really no problem holding bitcoin for long term because it's the most effective way of profiting from it. I don't know if there are people having problems holding it for long term, maybe the doubters and unbelievers of it. But for people like me, I've got proof and experience that it's the best asset that I have been holding and sold and made profit from it and that's why I'll keep doing what I've been doing for a long time because it's beneficial for me.

Experienced traders who see those rollercoaster rides know and understand that the term long is applicable for bringing a decent amount of profits from your initial investments. You always have that great chance of success if you have the trust and the patience to hold while waiting for the market to pump up. Newbies should note those points that the market is not the easy, and it's needed to be research and understand well, if you have that idea the next thing to do is set your expectations and make sure that you are always willing to adjust when learning things while working in enhancing your knowledge.

If you want to enjoy in cryptocurrency is better you get a job and you can start investing, so that whenever there is bear market you won’t endup spending the money you already used to buy coin already, but whenever you are having a job or another source of income you can easily be spending money from there whenever there is bear market. Investing in eth is a nice, eth is a good coin which will surprise people very soon, just keep in accumulating.

Good point, if you have an actual job who will continuously finance your needs, bear and bull will not be a problem, after you set your plan the next thing that you needed to do is to wait for market to favor your side and bring you decent or huge amount of profits.

[downunder]

Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

Continue doing it, you said that you're DCAing and buying low and selling high. Well, you can accumulate as much as you can while it's on the bottom as you might think.
Then, you have to hold bitcoin if you decide to think long term. But if not, you have to sell at profit prices. That's all you need to do and just repeat all the process until you master it. As for the source, depends on what you want to learn, if it's trading, you're on the right section.

I would like learning about TA, how to read signals, macd, candle stick and so on. This is in same time and trading, so to have some good pdf document about that will be great for me.

Thanks
Ivica

[Ludmilla_rose1995]

I think newbie who invest first time in cryptocurrency so first thing is that they gain knowledge about cryptocurrency and the second thing is that they invest which project first they study about this and there team there Roadmap everything read so they invest.
And after invest wait for profit and keep patient.

you forgot to say that investing in new projects is not recommended because there is a big risk of loss. Currently there are hundreds of cryptocurrencies that have a good reputation and have uses, so it is recommended for newbies to prefer investing in these currencies rather than those that have just emerged, to avoid fatal losses in the future.

[ChiNgadOr]

I think newbie who invest first time in cryptocurrency so first thing is that they gain knowledge about cryptocurrency and the second thing is that they invest which project first they study about this and there team there Roadmap everything read so they invest.
And after invest wait for profit and keep patient.

Everything I'm cryptocurrency is an opportunity to get in at early stage before things get out if hands. The market is down now and it is another sign to get in that most crypto are less and affordable. The market is a bit boring now that things are not going as planned and we need to look and the aspect of the opportunity not what could happen now.
Investing in cryptocurrency is all about timing and waiting holding your coins as long as it's going to take the market to continue moving toward. It is certain that the market is going to move upward and we need to be patient enough for that time.

[xzy887]

Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

Now the market condition is not good but if you want to invest in BTC this time and hold it for long time then you can profit. Now is the right time to invest in BTC. But I would say instead of investing your principal money here you will invest your extra money here.Because now there is no specific period of how many days you can make a profit if you invest in BTC. But you can expect that BTC will go up very soon. So in my opinion, if you want to btc  buy low rate and sell high rate, now is the best time to buy your Bitcoin.

[albon]

Everything I'm cryptocurrency is an opportunity to get in at early stage before things get out if hands. The market is down now and it is another sign to get in that most crypto are less and affordable. The market is a bit boring now that things are not going as planned and we need to look and the aspect of the opportunity not what could happen now.
Investing in cryptocurrency is all about timing and waiting holding your coins as long as it's going to take the market to continue moving toward. It is certain that the market is going to move upward and we need to be patient enough for that time.

Patience is yes the basis for success in investing, but during this time that we will be patient in holding the coin, we must be aware of the news of the coin that we have invested in and follow the coin community on Twitter or Telegram or others and the latest news in the crypto market and technical analysis of the coin from time to time, learning and gaining experience, and we can stake the coin in the long term without making it idle and making some profits from it.

[Rigon]

Those who are new to this forum are always advised to consider good advice and rationality.They enter the first forum thinking that investing is very easy and very profitable. But this misconception of theirs is erased with one investment.Of course I would say for newbies to know about the forum first and then invest.While investing beginners are definitely advised to invest in the best coins.If not, they will consider shit coins as a long term investment and will suffer losses later and look at this investment with great disdain.

[Mandevil]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

Since you are thinking of a long-term investment, I will suggest you diversify your portfolio but Bitcoin should be your major concentration because if you buy now that the price is down, you will be able to make a profit when the price is up again but remember no one can predict when the bear will end so your investment should not be done with all you have got so you don't end up not making gain and lossng your capital. Always invest with the amount you can afford to lose, good luck.

 
I used to think that diversification of the stock portfolio is just beautiful words, but only 2 years have passed and my opinion has changed greatly, I realized that you should always invest only what you are prepared to lose and no more, sometimes the risk is justified, but only if there is a financial cushion, and there is something to risk. My advice to newcomers - is not a hasty study of the basics of the cryptocurrency market and ecosystem projects (need to delve into the study of a particular coin), but my opinion, that BTC is a favorite ..

[Peanutswar]

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

Since you are thinking of a long-term investment, I will suggest you diversify your portfolio but Bitcoin should be your major concentration because if you buy now that the price is down, you will be able to make a profit when the price is up again but remember no one can predict when the bear will end so your investment should not be done with all you have got so you don't end up not making gain and lossng your capital. Always invest with the amount you can afford to lose, good luck.

 
I used to think that diversification of the stock portfolio is just beautiful words, but only 2 years have passed and my opinion has changed greatly, I realized that you should always invest only what you are prepared to lose and no more, sometimes the risk is justified, but only if there is a financial cushion, and there is something to risk. My advice to newcomers - is not a hasty study of the basics of the cryptocurrency market and ecosystem projects (need to delve into the study of a particular coin), but my opinion, that BTC is a favorite ..

People still keeping a one pot all their money which is not ideal to do it is just easier to burn out their portfolio and assets, it is good to make an investment when you are make sure for the project you are supporting with and also the time frame to set when committing an investment at the same time is the target multiplier sometimes people keep being greedy as long as they have seen the profit they keep holding and not making a TP instead too much-cut losses. Currently we are in the bear market and for sure this is the good opportunity to buy and accumulate a lot of coins.

[Davidvictorson]

This is an unpopular opinion but tip for any newbie to long-term investing, is never pay attention to YouTubers. Those folks could care less about your investment; they just worry about clicks, likes, and subscriptions. My counsel is after you have DYOR,  trust your judgment and do what is right for you while establishing standards, guidelines, and stick to a game plan but be flexible.

[Mandevil]

Unfortunately, many "investors" in cryptocurrencies and not only are not financially literate, and most of my friends do not even know how to trade cryptocurrencies, my opinion - financial literacy should teach people from a young age, and this will be correct...

If you touch the subject of analysis of some cryptocurrency, I want to say that this analysis takes a very long time, starting from the analysis of fund behavior (investors) and ending with social networks and verification of real users, not bots in their project + full geography of the project founders, tokenomics project, the behavior of moderators in social networks, the team's behavior, review Callaborations, personally I can spend a week to study one project ...

[Fredomago]

Unfortunately, many "investors" in cryptocurrencies and not only are not financially literate, and most of my friends do not even know how to trade cryptocurrencies, my opinion - financial literacy should teach people from a young age, and this will be correct...

If you touch the subject of analysis of some cryptocurrency, I want to say that this analysis takes a very long time, starting from the analysis of fund behavior (investors) and ending with social networks and verification of real users, not bots in their project + full geography of the project founders, tokenomics project, the behavior of moderators in social networks, the team's behavior, review Callaborations, personally I can spend a week to study one project ...

You need to allocate that much time if you really wanted to learn and to have a better edge in succeeding inside this industry, it's not applicable relying with someone's advice and opinions in regard to your investment, there are many available venues where you can find relevant information to broader your ideas in how you will take this business accordingly.

Investors should be both ready with mental and financial state. It's a combination of your good money managements and good awareness with how the market flows and how will you react in each market situation.

[sulendra12]

I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

BTC, ETH and ADA are great choice to picks. ADA would be difficult to maintain on long-term but both BTC and ETH are great choices regardless of the event situation right now. Just collect up  your salary to these picks like what you are currently doing right now and keep stacking up those coins, since these two will still be strong in the future, so won't be hurt to hodl it.

[|MINER|]

I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

BTC, ETH and ADA are great choice to picks. ADA would be difficult to maintain on long-term but both BTC and ETH are great choices regardless of the event situation right now. Just collect up  your salary to these picks like what you are currently doing right now and keep stacking up those coins, since these two will still be strong in the future, so won't be hurt to hodl it.

I think it will be better to place BNB , Lite coin , Polygon matic besides bitcoin for long-term investment excepting Cardano(ADA). Because if see the performance of BNB and Cardano from 2k17 then you will see how bnb performance is better from cardano . And same as like others Litecoin  and the polygon is a newcomer but it has also managed to a potential power on market . So I think picking them would be much better than picking Cardano.

[lalabotax]

BTC, ETH and ADA are great choice to picks. ADA would be difficult to maintain on long-term but both BTC and ETH are great choices regardless of the event situation right now. Just collect up  your salary to these picks like what you are currently doing right now and keep stacking up those coins, since these two will still be strong in the future, so won't be hurt to hodl it.

I agree about choosing BTC and ETH. But ADA seems not a really good choice for long-term holding. In my own view, ADA price doesn't increase very significantly, the price move of this coin looks rather slow. I think it is better to exclude ADA and choose BNB coin, BNB seems more convincing to buy and hold long term. BNB is the coin from the biggest exchange in the world (Binance) that has many functions, and it also has a burning program. Burning program will decrease the number of BNB supply and increase the value significantly.

[bitgov]

BTC, ETH and ADA are great choice to picks. ADA would be difficult to maintain on long-term but both BTC and ETH are great choices regardless of the event situation right now. Just collect up  your salary to these picks like what you are currently doing right now and keep stacking up those coins, since these two will still be strong in the future, so won't be hurt to hodl it.

I agree about choosing BTC and ETH. But ADA seems not a really good choice for long-term holding. In my own view, ADA price doesn't increase very significantly, the price move of this coin looks rather slow. I think it is better to exclude ADA and choose BNB coin, BNB seems more convincing to buy and hold long term. BNB is the coin from the biggest exchange in the world (Binance) that has many functions, and it also has a burning program. Burning program will decrease the number of BNB supply and increase the value significantly.

I met an 8 grade student last night and he said I am investing my small savings in ETH and BTC
for a moment I was shocked and looked at him. If he is smart for invest at this age - what is he going to do when he will grow up. Kids are getting very smart these days

[LUCKMCFLY]

While everyone want to invest in bitcoin - people want to be rich very quick

Investing in Bitcoin does not mean you will get rich. Because you have to understand that Bitcoin is a training coin. This coin also trades. And for that it is not understood when this coin will be up or down. If you invest in this Bitcoin during market down or bear market then you can profit. But if you buy Bitcoin at the highest price then you can suffer loss from here too. But it can be said that you can profit by holding Bitcoin for a long time.And definitely invest your extra money here because you have to remember that you are holding here for the long term. If you hold for long time then you will not be able to withdraw money from here. You have to wait for the market to rise. So not only that investing in Bitcoin will make you profitable, but first you need to gain good knowledge about the market.

Well I can differ from your opinion, because for me if a person can get rich if they buy BItcoin and leave it in the long term, it is not a guarantee that it will rise in a few months, it can even take a couple of years, but if it is bought in $ (20-21)k and then it goes up to more than $100k it is very possible that the person becomes a millionaire, this is what I think, because in every investment book they recommend you buy the safest asset and leave it at least 8 or 10 years without touching that investment, then the benefits are seen, but in this case Bitcoin will not last long to grow in price, for me the most it can take will be a period of 4 years or less.

[globalpain]

BTC, ETH and ADA are great choice to picks. ADA would be difficult to maintain on long-term but both BTC and ETH are great choices regardless of the event situation right now. Just collect up  your salary to these picks like what you are currently doing right now and keep stacking up those coins, since these two will still be strong in the future, so won't be hurt to hodl it.

I agree about choosing BTC and ETH. But ADA seems not a really good choice for long-term holding. In my own view, ADA price doesn't increase very significantly, the price move of this coin looks rather slow. I think it is better to exclude ADA and choose BNB coin, BNB seems more convincing to buy and hold long term. BNB is the coin from the biggest exchange in the world (Binance) that has many functions, and it also has a burning program. Burning program will decrease the number of BNB supply and increase the value significantly.

I met an 8 grade student last night and he said I am investing my small savings in ETH and BTC
for a moment I was shocked and looked at him. If he is smart for invest at this age - what is he going to do when he will grow up. Kids are getting very smart these days

At that age he already knew how to invest and it was really amazing,
it is very rare to see, let's say children have started investing in crypto which incidentally has a big risk,
regardless of what we need to appreciate and that's a good thing

[Fredomago]

The best tip that will always help a newbie is to invest only what can be afford to lose. A newbie should not depend on cryptocurrency investment as a means to get profits from it at all times. Newbies need to understand that cryptocurrency is a good investment when it is long-term.

Allocating enough funds for trading without exceeding the limit is a wise idea. Setting a target goal and not exceeding beyond the limit is important so we'll be able to manage our finances correctly. There will be times that we may feel overwhelmed but we must know how to control things. We shouldn't disregard the risks of trading especially if we're just a beginner. Gaining knowledge is an advantage so could handle even the risks of trading and we'll also be able to choose potential coins.

If you are aware and willing to risk a certain amount in order for you to experienced things around trading, it's really a good practice to know how much you can allocate, anticipate that it will be used for your learning and you can or top up if you already gain the knowledge that you can use for your trading. While practicing, you will be able to experience both winning and losing trading position.

Know how to assess if you are profiting from your sessions. You can analyze if you have a good future for this business or you
should forget about it and try other venue of investment.

[Desscount]

long-term investments should be made when the market is bearish,
because the price of cryptocurrencies will be very cheap and will have the potential to rise 10x even 100x when the bull market arrives,
it's just that we have to be forced to analyze and choose altcoins that do have fundamentals,
yes you can look for them on coinmarketcap at altcoin top 100 or altcoin top 300, because that's where good projects are located.

[BobK71]

The best tip that will always help a newbie is to invest only what can be afford to lose. A newbie should not depend on cryptocurrency investment as a means to get profits from it at all times. Newbies need to understand that cryptocurrency is a good investment when it is long-term.

Allocating enough funds for trading without exceeding the limit is a wise idea. Setting a target goal and not exceeding beyond the limit is important so we'll be able to manage our finances correctly. There will be times that we may feel overwhelmed but we must know how to control things. We shouldn't disregard the risks of trading especially if we're just a beginner. Gaining knowledge is an advantage so could handle even the risks of trading and we'll also be able to choose potential coins.

To run a trading business, it is necessary to raise sufficient funds. Moreover, even if there is only money, everything has to be lost due to lack of experience or knowledge.  Where to invest and what to avoid is very important. Especially a new investor should invest with long term investment plane. It is necessary to acquire sufficient knowledge to know these things.

[Razmirraz]

long-term investments should be made when the market is bearish,
because the price of cryptocurrencies will be very cheap and will have the potential to rise 10x even 100x when the bull market arrives,
it's just that we have to be forced to analyze and choose altcoins that do have fundamentals,
yes you can look for them on coinmarketcap at altcoin top 100 or altcoin top 300, because that's where good projects are located.

I'm not so sure Altcoin top 100 or Altcoin top 300 can increase to 10x even 100x when the bull market arrives. Investing not only requires a mature strategy, choosing the right investment media will greatly affect the value of your investment.
Top altcoins like BNB, ETH and some other coins are not guaranteed to increase to 100x when a bull market arrives, but high-end coins can give you peace of mind when the market reverses. Not much advice from me for long-term investment, only Bitcoin can give satisfaction (especially to me) when seeing prices have increased. There is no need to doubt the quality of bitcoin because it has increased from year to year.

[len01]

long-term investments should be made when the market is bearish,
because the price of cryptocurrencies will be very cheap and will have the potential to rise 10x even 100x when the bull market arrives,
it's just that we have to be forced to analyze and choose altcoins that do have fundamentals,
yes you can look for them on coinmarketcap at altcoin top 100 or altcoin top 300, because that's where good projects are located.

long-term investing and choosing altcoins as a choice of investment assets is very high risk, especially in the top 100 altcoins. although all investments have risks but if in the top 100 altcoins it is very dangerous to lose even more money.
unless you choose ethereum to be used as a long-term investment asset it has a risk that is not too high compared to other altcoins. because ethereum already has a good track record from the past until now and will always surprise when the bulls arrive.
but for me it is more profitable to invest long term in bitcoin. because there is no need to doubt that BTC always gives ATH a few years later after the bearish go and the bull come

[jossiel]

long-term investments should be made when the market is bearish,
because the price of cryptocurrencies will be very cheap and will have the potential to rise 10x even 100x when the bull market arrives,

And that's when people sees the market as dying, they don't like when the market is bearish because they are looking at the current trend of the market and prices but, doesn't analyze the significance on why it's down.

They don't see the light of opportunity when the market is too low and they don't want to buy at that moment because it seems that it's too risky to them.

But they don't realize that it's even riskier when they do buy when the market is up and high because they'll never know when the peak is.

[topman21]

Bad currency should never be accepted or selected for long term investment.For long-term investment you must select the best coins that are available by buying them.There are many new investors who buy some sheet coins and make long term investment and from there later they lose their money and they consider investment as a very bad medium.But what they don't know is that good currency must be accepted for long-term recruitment.And the best currency I would say is Bitcoin. You should invest Bitcoin for long term and attract newbies.

[Fredomago]

long-term investments should be made when the market is bearish,
because the price of cryptocurrencies will be very cheap and will have the potential to rise 10x even 100x when the bull market arrives,

And that's when people sees the market as dying, they don't like when the market is bearish because they are looking at the current trend of the market and prices but, doesn't analyze the significance on why it's down.

They don't see the light of opportunity when the market is too low and they don't want to buy at that moment because it seems that it's too risky to them.

But they don't realize that it's even riskier when they do buy when the market is up and high because they'll never know when the peak is.

Traders and investors who combined both emotions and this business will probably feel fear when the market is falling they will not see the advantage but more on the risky part of this investment, but not all have that kind of mentalities there are also newbies who study more before taking any investment that understand how to play with the market.

Always the good advice is to do your own DYOR and invest with your knowledge before doing anything.

It's your money and your obligation to make sure that you are directing the direction of your investment.