Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on May 23, 2019, 02:54:05 AM
-
Cryptocurrency is gradually increasing in adoption as people get to know the significant role it plays in our world of finance. The ways to earn profit from cryptocurrency are numerous and among them include cryptocurrency investment. Just as any other avenue for making profit, cryptocurrency investment has its own principles to follow in order to become a successful cryptocurrency investor. Investor is always required to study the market trend and do personal researches on projects and coins in order to come out with the right coins to invest in at a particular point in time. In addition, the investor must learn to be patient especially when the market goes down in order not to sell off the valuable coins at cheap prices. Further more, the investor must always invest an amount which is affordable to lose, just in case the worse happens.
What is your experience or knowledge in cryptocurrency investment? Any learned lessons from previous mistakes?
-
I once traded on IDEX and the market was decentralized.
There I found that the market was free and I once bought A token at Buy Order 2,000 gwei and at that time the price of 12,000 gwei A Token.
The Pump and Dump are very extream and this is my worst and sweetest experience with cryptocurrency.
* This is not about patience *
-
Well, everything about crypto investment experience depends on individuals objective or may be strategies. The experience of mr "A" on short term investmen, for instance, may differ from mr "B" on long term investments. As for me, i have learnt to wait for a little green market to sell some of my coins as a short term investor/trader. Buying during bear market has also help in getting the best projects to invest because some of these coins has little strength to resist the market bear situation while some coins can recover very quick.
-
Its quite a while but been here for more than a year. From my experiwnce I can say crypto investment have and pose a significant risk for investors provided the project their putting their asset could have a good potential. I can actually see, a major change for this year as it improves more on the legality aspect. I know that crypro has made you worry since the transition of bear to bull market is quite shocking. Anyway, if youre a wise investors you always do the research.
-
Cryptocurrency is gradually increasing in adoption as people get to know the significant role it plays in our world of finance. The ways to earn profit from cryptocurrency are numerous and among them include cryptocurrency investment. Just as any other avenue for making profit, cryptocurrency investment has its own principles to follow in order to become a successful cryptocurrency investor. Investor is always required to study the market trend and do personal researches on projects and coins in order to come out with the right coins to invest in at a particular point in time. In addition, the investor must learn to be patient especially when the market goes down in order not to sell off the valuable coins at cheap prices. Further more, the investor must always invest an amount which is affordable to lose, just in case the worse happens.
What is your experience or knowledge in cryptocurrency investment? Any learned lessons from previous mistakes?
Ive been in these space since 2015 and Ive learned a lot specially when to buy and to sell observe patience and avoid for being one of the weak hands because if you let those happen you will lost a lot of opportunity for real growth.
-
I gained knowledge about cryptocurrency starting when I became a bounty hunter. Since then I have learned a lot about the world of crypto, investing, trading, and some tokens or coins that promising. Regarding investment, I learned from experience. There are lots of crypto promising to invest but there are some that are only good for daily trading. Choosing and sorting which crypto promises to invest is indeed not easy. We need to know the crypto's future conditions, the team, the products, and the clear roadmap.
-
I gained knowledge about cryptocurrency starting when I became a bounty hunter. Since then I have learned a lot about the world of crypto, investing, trading, and some tokens or coins that promising. Regarding investment, I learned from experience. There are lots of crypto promising to invest but there are some that are only good for daily trading. Choosing and sorting which crypto promises to invest is indeed not easy. We need to know the crypto's future conditions, the team, the products, and the clear roadmap.
Of course, the most difficult part of all the avenues of making profit in crypto is the part of choosing which project or coin to work with. The research must cut across all dimensions of the project/coin - do not rely on just a single aspect, for example only the expertise of the team or the road map. The reason why it is very necessary to base the decision on the analysis of various dimensions of the project/coin is that most of the projects have good and promising roadmap, idea and product yet fail to sail through successfully at the end of the day.
The analysis must therefore be a combination effect of expertise level of the team, the product and its level of demand on the market, the idea and road map, the strength and support level of the crypto community of the project/coin etc.
-
The most important point that I realized when investing in cryptocurrency, you need to invest in top projects in which tokens have long been traded on various top exchanges and demand is constantly growing and then you will always be in profit.
-
-snip-
What is your experience or knowledge in cryptocurrency investment? Any learned lessons from previous mistakes?
When talking about investment, I often open blogs and read a number of articles, about how to become a good and profitable investor. But one of my mistakes is to expect to see coins that I have held for a long time will increase in price without trading and only become viewers. Being a successful investor requires an understanding of the basics of cryptocurrency and experts are actually not needed because crypto investment requires time to be able to learn more from experience and get to know the technology of new projects.
https://cryptomaniaks.com/Guides/Cryptocurrency-Investment-Strategy-Do-Not-Make-These-Mistakes
-
The most important point that I realized when investing in cryptocurrency, you need to invest in top projects in which tokens have long been traded on various top exchanges and demand is constantly growing and then you will always be in profit.
Yes, for long term investment, it is better to choose top coins from top projects. It will be safer than joining investment in not popular coins. There are too many risks there, and they sometimes not really profitable.
-
The most important point that I realized when investing in cryptocurrency, you need to invest in top projects in which tokens have long been traded on various top exchanges and demand is constantly growing and then you will always be in profit.
Yes, for long term investment, it is better to choose top coins from top projects. It will be safer than joining investment in not popular coins. There are too many risks there, and they sometimes not really profitable.
Yes i agree with you the most important for us to be successfull in cryptocurrencies, we must make investment in top ten cryptocurrencies usually i took data from coinmarketcap https://coinmarketcap.com/ and however the cryptocurrencies is bull run for long term investment and short term investment in cryptocurrencies is trading alternatives coins more better than another in my own personal experience.
-
I feel patience is the key to get success in cryptocurrency market. I have been in crypto market since two years. I saw bullish market as well as bearish market. Most of the traders panic easily and sell their high potential coins in loss. I must say one should not panic or distract by the negative news or FUD and always remain calm in worst conditions of the market. Its a high volatile market never invest your hard earned money.
-
It takes a long time to be able to choose a long-term investment so in my opinion it depends on the flight hours that we have here we must be overly careful because anything can happen in this market
-
What is your experience or knowledge in cryptocurrency investment? Any learned lessons from previous mistakes?
Never choose coins with low-quality team projects. I think the team of a project will determine whether the coins will improve or die soon. And the second thing that we should ensure is to make sure that the coins are necessary to develop the projects. Don't buy coins that are unlikely important for the projects since they will be hard to increase the values.
-
Definitely dollar-cost averaging (either by price or time) is one of the most effect ways to invest in my opinion, this and learning money management ie not throwing all your money in at the same time or over one project. Always be patient and minimize your risk by managing your position sizes properly.
Also, know how to hodl your hodl positions properly.
-
I think we can gain by learning as well as experience. So always keep learning. I just try to learn more and more about cryptocurrency investment.
-
I have been in the cryptocurrency market for over a year and the main lessons I learned are that I need to diversify my risks and invest in different cryptocurrencies and that I have to be patient and not panic during a fall.
-
Now cryptocurrency market is more popular for investors. Traders and investors gathered here. Marketcap increasing. And this time this market is More Trasted. So investment of this market is more secured i think.
-
I chose a new coin to invest and hold it for a long time, like in the CMC list and I always see the volume of trading, sometimes there is a failure when I invest, a small amount of losses is reasonable, but when I have new coins that have a price Good for 1 to 3 years from me holding it, I think this is an advantage by holding more than 1 coin.
-
My knowledge on cryptocurrency and the strategies i use are,
1..invest what you can afford to lose
2. Invest in top potential coins(long term projects) that are capable and sure of generating huge profits like the top coins on CMC.
3.Be careful with short term projects if at all you must risk to invest, know when to back out and little investment you can afford to lose is okay.
4. Avoid pump and dump schemes.
-
My experience in investing in digital currencies is that I invest in several exchanges and that is really complicated. I invest in garbage tokens and have no price at all. that's my first mistake in investing.
-
Cryptocurrency investment for me today is an obligation that must be done, because of technological developments and many people who are interested in it. My experience in investing was quite alarming because I was not keen to choose a good investment when I first encountered cryptocurrency. I learned from this mistake and would not give up is the motivation that I built from my own self.
-
Most of my knowledge about my cryptocurrency investment can be gained from experience while joining the crypto world and joining as a bounty hunter.
Investment in crypto is indeed a very risky thing, but it can also provide high profits.
Investment in Crypto is very different from investment in general, especially in gold, property, and others. Crypto tends to be more volatile and volatile. We cannot guess what will happen in the next few months or years. However, with sufficiently established considerations and strategies, the crypto investment can be very valuable.
-
I Think Cryptocurrency Is Large Subject. For Investment at Firat we Need to Know More Knowledge About Cryptocurrency. We Need to Know Market Analysis Otherwise Investment Will be Distroied. First Time when i Trade in Polonix but I Had no Idea About Cryptocurrency then I Loss My investment. But At This time I gathered huge knowledge about cryptocurrency. And now i am profited in my Trading.
-
Though there has been so much talk about making research and studying the trend, what should we make research on? one of the best thing to look out for as an investor if you want to invest is the kind of partnership a project is having, most projects failed because there is no good partnership. When a project has good partnership, the success rate is very high, so invest in a project with good partnership.