Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: jangan on September 25, 2018, 07:37:30 AM
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People usually invest only base on their undestanding about one coin without making effort to study the technology.
Some are easily trade coins, without any explanation on their chart and most them failed because of that.
I understand that everyone here wants to make money but we must start making effort to understand cryptocurrency and its technology so we can have a good insight before we invest our money.
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Before buying a coin, we must know the technology embedded by each coin. Basic knowledge is important so we can find out whether the coin has a good concept and performance or not. Because coins that do not have it all, will never survive in crypto currency. They will be discarded and considered as junk coins.
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I agree with your analysis that most investors only hear stories of people without understanding and learning about the technology used by the coin, whereas technology is very important to support the coin to survive on cryptocurrency, so the tendency to lose money is greater than profit,
be wise in investing, find out what you don't know, because failure is very painful
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People usually invest only base on their undestanding about one coin without making effort to study the technology.
That's what you think. Don't you remembered that professional investors are not idiot to put their money into the place where they aren't sure. Only new comers without proper understanding are usually the victims.
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The problem of many who just in the beginning - they invest in the most popular BTC and ETH and then lose money.
I think everyone should learn about this technology and possible risks before making any investment.
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Basic knowledge is important so we can find out whether the coin has a good concept and performance or not. Because coins that do not have all of them, will never survive in the crypto currency. They will be discarded and considered as junk coins. Before buying coins, we must know the technology embedded by each coin.
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The problem of many who just in the beginning - they invest in the most popular BTC and ETH and then lose money.
I think everyone should learn about this technology and possible risks before making any investment.
The problem of many people is not that they invest in BTC and ETH, but that everyone wants quick money without understanding this topic.Many people do not understand when it is better to buy and sell, and so most are now in a huge minus.