Tips for newbie to long-term investing

[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.   

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[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.