Tips for newbie to long-term investing

[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.

[1714755563]

1714755563

[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.