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Cryptocurrency Trading / Re: HODLing Altcoins
« Last post by Google+ on Today at 10:31:34 AM »If you don't want to take high risks then you can invest in bitcoin, I would say directly to bitcoin rather than using the phrase cryptocurrency, cryptocurrency has many digital currencies which cannot necessarily provide profits and have small risks, but when I focus more to say bitcoin then it should be the best choice for long term investment because it has less riskRisk will always exist in business, if we feel we have confidence in an investment, do research and make an analysis. because with this we can reduce this risk. Likewise investing in crypto, we must have a concept and plan to become a holder or trader, the choice is yoursExperience and knowledge will give us the ability to minimize risk, and we can achieve profits in investing. As you said, there will always be risks, and that's how the investment world is always full of risks. The more we invest in new coins, the greater the risk, but if it is successful the profits will also be greater.
In the path of success there will always be risk and no investment source is present in this universe which can give you profit without any risk. If we work better and search deeply about which project is better and which is not then this risk can be reduced but nobody is ready to give their time for searching but wants to get huge money in a day.
Nobody can ever get success until their concept about investment in crypto becomes clear and that will be easy only if they give their Precious timing to study regarding the pros and cons of crypto Investment and try to know how to choose a good project for investment.