Tips on crypto investment

[letteredhub]

As newbies when investing in crypto don't be satisfied with your leading knowledge attainment about crypto, endeavor to continually do research on the crypto asset's you have invested on as it would aide you on a trajectory course  about your investment's. By so doing you're not easily taking by surprise on any misgiving that may arise about a portfolio you have investment with.

Another gateway to keep abreast is to get connected as a member of an active crypto community or platform. Having membership of different communities is an added advantage but make sure  they are a genuine platform with a good history just like bitcointalk.

As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.

[_act_]

Another gateway to keep abreast is to get connected as a member of an active crypto community or platform. Having membership of different communities is an added advantage but make sure  they are a genuine platform with a good history just like bitcointalk.

Not bad to join an online community, but be very careful and avoid scam.

As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.

It is very safe to invest in only bitcoin than going for altcoins. But be wise, bitcoin is speculative, but less volatile than altcoins which are riskier. Most altcoins have no utility and consider most of them to be gambling too.

[BIT-BENDER]

As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.

This isn't a prerequisites to always invest in more than one coin, you can not predict the Capital people have to invest in. It's also advise to start small then you can grow your portfolio gradually.

Investing in one coin is very ok especially Bitcoin if you have low Capital to afford more than one but if you do then make sure not to investing wisely, experimenting on lower coins just because they are cheap can be a high way to loses, try investing in coins with good history and has more potentials even if that means getting little of it because of the prize but you can be sure you are at a lesser risk than any random lower prize coin. The market is volatile and any coin can hit the ground running as a result of hype or whatever that's hard to predict but try making your priority about investment security than a test of faith.

[ImThour]

Having membership of different communities is an added advantage

Only if you are invested in those different projects, then you need to catch up with multiple communities.
Someone who is all in Bitcoin, they don't need to join various groups or channels on different social media apps.

The only crypto I love after Bitcoin is Ethereum. It's cool.

[Oceat]

As newbies when investing in crypto don't be satisfied with your leading knowledge attainment about crypto, endeavor to continually do research on the crypto asset's you have invested on as it would aide you on a trajectory course  about your investment's. By so doing you're not easily taking by surprise on any misgiving that may arise about a portfolio you have investment with.

Another gateway to keep abreast is to get connected as a member of an active crypto community or platform. Having membership of different communities is an added advantage but make sure  they are a genuine platform with a good history just like bitcointalk.

As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.

Yeah, newbies really do need it in order for them to grasp the difference of investment in Bitcoin over shit coins because most of them are still hoping that these new released coins are giving them profit which in fact will give them but if they are lucky to manage to sell fast during at the top/ATH of the coins/project. Once they aren't quick enough to ride the market then a quick downfall/dump will eat every investment they put on that project.

There are quite few trusted coins that I want to invest I want to spread my investment and those coins are having a long history just like Ethereum.

[michellee]

Joining a crypto community or platform can provide more knowledge about crypto. We can also find out what is trending in crypto and maybe we can also participate to benefit.

By having more knowledge about crypto, we can find ways to make a profit but of course, patience is also needed. Not many people succeed in making profits; on average, they are impatient and too greedy to make big profits quickly.

As long as you can find the right coins as an investment, you don't need to worry because you can make a profit. But unfortunately, finding the coins requires further research and not everyone who manages to get it.

[Agbe]

Anyone who is investing on any cryptocurrency must be a researcher and must read different articles, news, blogs because failure to read other people mistakes and correct will lead to a drastic loss of funds. And the only platform that give full information on any altcoin and bitcoin is bitcointalk, I know that there others but it is not like the way bitcointalk organized theirs. There was a time checked Ethereum platform omen, I have to run come back because I didn't understand anything there.
There are two things I always use in investing on Cryptocurrencies. Long term goals and patience/endurance if these things are accomplish then everything is okay.

[letteredhub]

As long as you can find the right coins as an investment, you don't need to worry because you can make a profit. But unfortunately, finding the coins requires further research and not everyone who manages to get it.

Finding the right coin is a very difficult task for all investors and that's why it's much preferable to not invest only in one coin as we are not certain which coin could be the profitable coin we're looking for. But that doesn't mean we just invest into every coin that comes out way that's why a crucial research is necessary and can't be overemphasized.

Someone said sometime about investing on bitcoin as a single investment, yes bitcoin is a good coin to invest in but that doesn't mean it's not also profitable to diversify into other coins, doing your research before investing.

[letteredhub]

There are two things I always use in investing on Cryptocurrencies. Long term goals and patience/endurance if these things are accomplish then everything is okay.

Yes those two picks are important to keep to mind while investing but don't forget that those twe key points aren't important as researching about a coin having to get a full indepth details on it before investing, cause if you end up investing on the wrong coin and it pump and dumps never rising as many shit coins does then your long-term goals and patient would be of no use cause you might end up waiting forever.

[Stepstowealth]

As newbies when investing in crypto don't be satisfied with your leading knowledge attainment about crypto, endeavor to continually do research on the crypto asset's you have invested on as it would aide you on a trajectory course  about your investment's. By so doing you're not easily taking by surprise on any misgiving that may arise about a portfolio you have investment with.

If you are investing in something like cryptocurrency, staying atuned with every new information about it and it's development should be what you are committed to doing. It is not good to just invest in Cryptocurrency and just leave it there. Another thing I have noticed is that when making the decision to invest in Cryptocurrency, it is good to invest more in Bitcoins than any other Cryptocurrency. There are many Cryptocurrency and to a new person, they can make the mistake of thinking investing in another Cryptocurrency is better.

[tabas]

As a matter of fact, it's very unsafe to depend on a single coin.

Not to Bitcoin.

In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.

I get this and it's more of being concerned and to diversify. It's a good strategy but you don't have to diversify a lot. I've seen people that have been following this strategy but then, when you get to see that strategy followed by them. You might be disappointed because they do follow a lot of communities and altcoins and it's not the type of diversification that you may want to see on them but on me, I don't do that.

[israt1@]

It's fine to listen to you. But it would be better if you highlight the most important aspects of an investment. Point out the factors that make a person ready to invest. I'm also interested to know.

[Hyphen(-)]

As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.

What if all the altcoins you wisely buy to diversify your portfolio go down just like Luna, FTX, and other coins do?

I think instead of diversifying your portfolio with altcoins, you should focus on adding more Bitcoin to your portfolio since I am sure you believe that the crypto market is controlled by the BTC price.

Bitcoin is the safest investment one can make with less risk if borrowed money is not used.

[Vaculin]

As newbies when investing in crypto don't be satisfied with your leading knowledge attainment about crypto, endeavor to continually do research on the crypto asset's you have invested on as it would aide you on a trajectory course  about your investment's. By so doing you're not easily taking by surprise on any misgiving that may arise about a portfolio you have investment with.

Another gateway to keep abreast is to get connected as a member of an active crypto community or platform. Having membership of different communities is an added advantage but make sure  they are a genuine platform with a good history just like bitcointalk.

As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.

Invest in those coins that have high potentials to be profitable. In short, stick with bitcoin and just diversify your investments with stocks, gold and real estate. That way, if one investment fails, at least other investments have still chances to give you passive income.

[Pokapoka124]

As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.

Investing in a bunch of altcoins as a form of risk management is a very dumb idea, the idea “don’t put all your eggs in one basket” doesn’t work the same way in crypto. Without proper research and understanding you can invest in ten shitcoins and they all lose value. I think beginners should focus more on bitcoin, it has the least volatility compared to altcoins.

[Vinaa77]

It is very safe to invest in only bitcoin than going for altcoins. But be wise, bitcoin is speculative, but less volatile than altcoins which are riskier. Most altcoins have no utility and consider most of them to be gambling too.

Broadly speaking, Bitcoin is much better when compared to Altcoins, and the risks arising from Bitcoin are not too big compared to us taking Altcoins, even though both are places where they have risks, people will of course continue to use them, and actually if you want to invest in This altcoin also doesn't hurt as some of them are good.

[sheenshane]

Another gateway to keep abreast is to get connected as a member of an active crypto community or platform. Having membership of different communities is an added advantage but make sure  they are a genuine platform with a good history just like bitcointalk.

Not bad to join an online community, but be very careful and avoid scam.

OP was in the right place right now joining here in the forum and we know OP received a bunch of opinions from our fellow members.
But in a group like social media which Telegram group should OP avoid, there are a bunch of fraudulent happening there like pump and dump groups.

I rather advise stay away from investing in random altcoins, but instead, choosing Bitcoin alone.
Bitcoin has demonstrated resilience over time and has gained widespread recognition as a store of value and a potential hedge against inflation.  It has shown strong performance historically especially every time when there is ATH will come.  However, it's still important to keep in mind that no investment is entirely risk-free not unless Bitcoin sell when your profit was there but there's no specific time.

[cryptoaddictchie]

Someone will suggest hence different opinion about those coins and tokens. But at the end of the day its your call which or how many tokens you will buy at the market. For me Id buy tokens that I generally use or have purpose for me. Some arr hold for a long term venture while others are literally for short term goal or to made some profits. You could range your tokens or eggs. Doesnt mean that you need to hold some for a lifetime.

[mk4]

As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.

This is the advice that gets people to unnecessarily "diversify" their holdings into more and more likely-to-die projects — with people thinking they know what they're doing but in fact, they don't. The safest advice is to simply go bitcoin-only.

[Gallar]

As newbies when investing in crypto don't be satisfied with your leading knowledge attainment about crypto, endeavor to continually do research on the crypto asset's you have invested on as it would aide you on a trajectory course  about your investment's.

What you mean by primary knowledge is probably the basic knowledge to invest or trade in crypto. It's true, if you only rely on the basics and don't develop your knowledge, you will surely be less than optimal in getting the benefits.

Because if you become an investor in the field of crypto, it is very obligatory to continue to do analysis, research, and learn about crypto, especially the crypto you are investing in. Because if you don't continue to dig up all the knowledge and information, it will definitely be difficult when you want to get benefits. But I'm sure, if someone is serious about investing in crypto, they will always continue to research and analyze the crypto they are investing in. Whether it's a beginner or an older one, because all of these people will definitely work hard so they can benefit.

As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.

It all depends on the decisions of each person who invests. Whether it's investing in lots of crypto (altcoins) or one of the highest quality cryptos like bitcoin, everyone will have a different opinion about this. Because when someone invests in crypto, they definitely have the same goal, which is profit. But there are various ways to get it, such as by trading in the short term, or trading in the long term. So your opinion is also true, for crypto investors who have a habit of making profits the way you do. But that's not necessarily true for all investors in crypto.