Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on April 11, 2018, 09:37:19 PM
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Guys, what do you think can lead to an effective and efficient way of investing into crypto? Just know of these few ones:
1.Only invest what you can afford to lose.
2.Never invest in something you don’t understand.
You won’t immediately understand everything, that’s ok. Do some research.
3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets.
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CRYPTO HEADLINES — April 12, 2018
1. Bitcoin’s Price Jumps $1,000 In 30 Minutes Of Market Growth Across The Board
The crypto markets experienced an explosion of growth today, April 12, with Bitcoin (BTC) jumping more than $1,000 to break $8,000 over just a 30 minute period, and the rest of the market solidly in the green. While no specific events have been confirmed as the reason for the sharp price jumps across the board, Twitter users have speculated that the recent news that Bitcoin has been declared compliant with Shariah law. Read more at CoinTelegraph.
2. Cryptocurrency EOS leaps past Litecoin into fifth place by market cap
EOS climbed more than 30 percent over the last 24 hours for a market capitalization of nearly $7.1 billion, topping Litecoin’s $6.8 billion, according to CoinMarketCap. This price rally has been connected to the announcement of eosDAC Airdrop scheduled on April 15th 2018, 01:00:00 UTC, which also marks the 300th day the EOS Initial Coin Offering. Read more at CNBC.
3. $658 Million Cryptocurrency Fraud Allegation Spurs Vietnam Probe
Vietnam’s deputy prime minister ordered an investigation into allegations of a cryptocurrency scam involving $658 million, the latest report of fraud to hit the lightly regulated market for initial coin offerings. The scam apparently entailed fraudulent initial coin offerings (ICO) by a company in Ho Chi Minh City. Read More at Bloomberg.
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I'd suggest keeping an eye on upcoming events through various crypto announcement websites. You can often get slightly ahead of the game if you invest just before announcements are due to be made.
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I'd suggest keeping an eye on upcoming events through various crypto announcement websites. You can often get slightly ahead of the game if you invest just before announcements are due to be made.
This is one of the approaches that works best for me. It is always good to read much into a project through the announcements made on blogs, articles, videos, news websites etc. This helps to reduce the risk of losing your investment to a fake portfolio.
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Guys, what do you think can lead to an effective and efficient way of investing into crypto? Just know of these few ones:
1.Only invest what you can afford to lose.
2.Never invest in something you don’t understand.
You won’t immediately understand everything, that’s ok. Do some research.
3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets.
I agree with this perfectly, well spoken
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I think generally that business is a pool of risk and if you put all these factors into consideration ,you may end up no investing at all. Despite,thorough research you can not totally conclude that you have invested on a pump and dump project. You can take the risk and invest in a project you have searched and it may turned out be a successful project. I have the feeling that investment is sometimes a 50/50 chances of getting a good project.
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If you're looking to invest in an ICO, do your due diligence and research thoroughly on the team's background. The best ICOs are usually run by legitimate companies with actual track record. A good example is the recently launched VLUX - http://vlux.io/ (http://vlux.io/)
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Thank you for advice. Knowledge and full growth of wisdom is needed in making investment without these guidelines there is a big problem toward the ending of investment.
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Do not be emotional when investing or trading.
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If you want to invest wisely or efficiently then banks are never the way at all.Now cryptocurrency is the way to go when we are talking about investment.The future is with cryptocurrency for efficient ways to invest your money.Or using your money to start a particular business that will give you better returns because banks do not pay money owners better.