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Author Topic: Cryptocurrency recommendations in 2022 – how to start?  (Read 7494 times)

Offline Vx1

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #15 on: February 20, 2022, 01:38:41 PM »
People who dare to take risks, they will definitely choose new things that have not existed before, this will have its own challenges and of course if our choices are right then we will generate big profits. 
But not a few of us do not want to take a high risk and instead of wanting to minimize losses, they will choose something that has been around for a long time.

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #15 on: February 20, 2022, 01:38:41 PM »

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Offline Ankit1999999

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #16 on: February 20, 2022, 07:04:24 PM »
First, if you take a look at their website, very not professional. Lack of details, and most of the content is about their sale, lol.They don't even have whitepaper. They can go into fundme websites and have the people support them through donation if they are real and not a scam. In the past, I have seen projects that have their proposals and focused industry to work with but many have failed.
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Offline Fenix

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #17 on: February 21, 2022, 06:15:34 AM »
People who dare to take risks, they will definitely choose new things that have not existed before, this will have its own challenges and of course if our choices are right then we will generate big profits. 
But not a few of us do not want to take a high risk and instead of wanting to minimize losses, they will choose something that has been around for a long time.
I do not advise beginners to take risks and immediately invest in new projects. This can only be done if you are absolutely sure of the profitability of their coin or token. But in cryptocurrencies, you can’t be sure of anything. Any trend can easily be reversed. Therefore, it is better to start investing with coins with a high level of capitalization in order to study this market in parallel, or at least with small amounts.

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Offline gunhell16

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #18 on: February 21, 2022, 06:52:04 AM »
Hey all,  :)
I have already scrolled through some of your “prophecies” for crypto to invest in 2022, but since I am relatively new to this I’d have an all general question. I feel like there are so many different cryptocurrencies out there, some quite established and some new-comers with good ideas (just heard of a few at university). Is it better to start with something long existing or should I give a chance to ideas that might shape the future?
Do you have any opinions on this?
Thanks a lot!  8)

Honestly speaking, there is no forever coins here that will give a nice profit. Maybe this will depend on how your gonna handle it, but all coins here in the cryptocurrency has their risk level. I remembered 2017 ICO became very trend and a lot of the community in the crytpocurrency missed it only few of them believed in that aspects. Then, after a years IEO arise, Defi, followed by NFT under by metaverse and etc. So, the best still to begin here is start with the trading not investing into a new projects.
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Offline DAMKAR

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #19 on: February 22, 2022, 05:15:07 AM »
People who dare to take risks, they will definitely choose new things that have not existed before, this will have its own challenges and of course if our choices are right then we will generate big profits. 
But not a few of us do not want to take a high risk and instead of wanting to minimize losses, they will choose something that has been around for a long time.

Every be business have risk, But It depends on your knowledge and experience.
If you are have good experience to choose new project, I think It's more profitable than old coins.
But I suggest you to invest in bitcoin and Ethereum, Those are more safe.
I recommend we always invest in top 10 coins.

Offline Review

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #20 on: February 22, 2022, 05:49:03 AM »
I think you should learn about investment management. To be safe, you can invest in BTC & ETH, also you should divide a small part of your investment into new projects because they have high technology and attract new cash flows from the crypto market.
Agreed! Especially investing on those  project that are launched by different popular IDO launchpad always bring good profit for investor . But getting the slot of IDO allocation always become hard now a days except staking  a certain amount of their token on their own platform . But still if we try whitelist , everything works fine.
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Offline mustela

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #21 on: February 22, 2022, 03:02:02 PM »
If you are brand new to this, I would advise you to proceed cautiously at first. You can minimize the risk of investing if you diversify. But if I were you, I wouldn't invest anything that you can't afford to lose. You can also find out if and how you can get coins without having to spend money.
Quote
Easiest way for dive in is following the trends imo.
True enough. If all you care about is profit, that's certainly not a bad option. But then it still depends on the right timing when buying and selling.

For me, however, it is now also important that the cryptocurrencies I invest in are not climate-damaging. Some major currencies are just switching to "proof of stake" to become more sustainable. The problem seems to be that these currencies are more susceptible to manipulation due to the elimination of numerous computers. I find "proof of personhood" promising. Let's see if and how this method will establish itself!

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #21 on: February 22, 2022, 03:02:02 PM »


Offline Freemind

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #22 on: February 22, 2022, 07:32:56 PM »
@coffeehead you can give opportunities to already established and new projects, that is not a problem. What I would personally do is ask myself what my role will be with cryptocurrencies. Do you want to earn a few bucks fast?. Maybe you can play around with some meme coin. Do you want to learn from the roots how blockchain and cryptocurrencies work?. Read as much as you can and more.

If what you want is to learn and earn money, I recommend that you avoid meme coins and learn to know which projects can be successful, it is not easy, but with prior knowledge you will have things clearer.
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Offline Confero

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #23 on: February 22, 2022, 08:52:48 PM »
If you are new in this crypto and want to invest, I recommend in the top coins in the market because less risk and still you can make profit. Investing in the new projects can be profitable but it is so risky because many them are scam projects.. So you have to be careful when choosing a project to invest.
This is absolutely true, because by choosing a top-ranked coin, the risk of loss can be minimized as little as possible. First we buy top-ranked coins, while we learn further later we can choose for ourselves which coins are good to invest, whether it's new coins or old coins we can judge for ourselves.

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #24 on: February 22, 2022, 09:29:07 PM »
If you are new in this crypto and want to invest, I recommend in the top coins in the market because less risk and still you can make profit. Investing in the new projects can be profitable but it is so risky because many them are scam projects.. So you have to be careful when choosing a project to invest.
This is absolutely true, because by choosing a top-ranked coin, the risk of loss can be minimized as little as possible. First we buy top-ranked coins, while we learn further later we can choose for ourselves which coins are good to invest, whether it's new coins or old coins we can judge for ourselves.

If you talking about to minimize the risk, I agree with you.
We should choose top coins.
Top coins is proven and  have big community.
But If talking about profit, double or triple profit we can choose new coins.
Even though We can gain more profit 100x if we can choose potential new coins, or buy when IDO.
It depends or your decision.
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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #25 on: February 23, 2022, 06:51:17 AM »

If you talking about to minimize the risk, I agree with you.
We should choose top coins.
Top coins is proven and  have big community.
But If talking about profit, double or triple profit we can choose new coins.
Even though We can gain more profit 100x if we can choose potential new coins, or buy when IDO.
It depends or your decision.

agreed,  I have invested in both.
Old coins especially top 10 coins and new project.
Top coins are low risk and more safe for hold.
New projects needs mor focus to research their projects
Because There are many scam projects.
New projects is more risky but also more profitable than top 10 coins.

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #26 on: February 23, 2022, 06:59:47 AM »
New ideas are actually more interesting but have many challenges and risks, not all new things can be accepted by society, in contrast to old things, they certainly have strong fundamentals. I guess everyone can choose but I prefer to invest in new coins.

Offline Lanirex

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #27 on: February 23, 2022, 09:37:46 AM »
If you have a friend who teaches you about this Crypto, then you can discuss with your friend how you should start investing here. 
Because this cryptocurrency has a very high risk, you have to be extra careful to do it. 
But if you don't have friends to discuss with, then choosing a top-ranked coin is the right and safe choice.

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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #28 on: February 23, 2022, 05:13:57 PM »
If you have a friend who teaches you about this Crypto, then you can discuss with your friend how you should start investing here. 
Because this cryptocurrency has a very high risk, you have to be extra careful to do it. 
But if you don't have friends to discuss with, then choosing a top-ranked coin is the right and safe choice.

I think we can read many opinion here to start in crypto currency, maybe at the beginner section.
But better learning by doing, You will get knowledge and experience.
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Re: Cryptocurrency recommendations in 2022 – how to start?
« Reply #29 on: February 23, 2022, 06:11:47 PM »
In 2022 most of the crypto fan thought that the crypto market will bring the new wave but the current market is different. As the market is downtrend so it is better to wait for the next turning point.

 

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