What is Cryptomarket?

[UNIVERSE]

Is it good to invest in the cryptomarket?

Partially yes.

I'm a bit confused by this. In fact, the crypto market is just a platform. However, we invest in coins on cryptoamkret. Even after buying coins for investment, we are advised not to store them in the crypto market. but it is better to withdraw to our non-custodial wallet for higher security. Well, the market is used for trading or buying and selling. What we must pay attention is that we must be careful when choosing the crypto market. Ensure that they are good reputation and also top exchanges. not the new one with small trading volume or market caps. This is too risky.

3. It can be both passive and moderate income for you.

This won't depend on crypto market. But this will depend on what coins you are holding and investing.

[Faisal2202]

Cryptomarket, or known as the cryptocurrency market are decentralized, which means these markets are not backed up by authorities such as the government.

Before adding my POV, I want to ask in simple words that did you mean crypto exchanges by cryptomarket? Because that's what I have understood after reading your post. if that's the case then, there are some crypto markets that are run by some single entity and also by the government but they charge a lot in terms of fees and tax, and they cost you privacy.

2. Knowledge is not enough.

You are right knowledge is not enough the person you are following should be practicing it as well, but if a person is only practicing and has no knowledge then you should also not follow him as well, because that's also not a good way. You have to be both, knowledgeable and expereicend.

3. It can be both passive and moderate income for you.

You are right, trading, investing, staking, and all other types of activities can make us a good amount of income.

PS: I did not get the main point of your post, please shed some light for me thanks.

[Litzki1990]

The crypto market is usually made up of virtual currencies in the market. All other altcoins including bitcoin ethereum bnb but these coins belong to the crypto market. By crypto currency, we generally mean virtual currency that does not exist in reality, but the value of different coins varies considerably from one currency to another. You can never touch these coins but you can accept the value of these coins. There are virtual markets for buying and selling these virtual currencies which we commonly know as exchanges. Generally you can buy and sell all these coins in all these virtual markets and all these exchanges are definitely cryptocurrencies.

[Ember madison]

The cryptomarket is a vast ecosystem that revolves around cryptocurrencies. It includes platforms for buying, selling, and trading digital assets, as well as blockchain networks, wallets, and a wide range of financial products and services associated with digital currencies.

[Solomon Wealthy]

Yes I believe so.

Also in order to make the most of this bull run, it's important for all of us to carefully position ourselves by conducting thorough research on promising coins.

I personally rely on a few platforms for my research:

- cryptogugu.com
- dexscreener.com
- dextools.io

[Kemarit]

Just to correct the OP though, we have bull run and bear market. So it's up to you on how you are going to look at it. Maybe you think it's better to invest on bull run. However, the best strategy is to invest during the bear market when the price is very low and everything is at a discount when prices are in the -90% from it's previous all time high. And then it's going to be a hard grind, week by week you can do DCA and buy and save or what we call accumulate. We do that in bear market as our accumulation phase and then HODL. And when it's the right time to sell, then it's the bear market as obviously the price is very high and it could give you a minimum 2x and higher profits.

[laijsica]

The cryptomarket is a vast ecosystem that revolves around cryptocurrencies. It includes platforms for buying, selling, and trading digital assets, as well as blockchain networks, wallets, and a wide range of financial products and services associated with digital currencies.

Also an online platform for investors to earn huge profits. If you want you can take profit by investing a part of your wealth in crypto market and take profit in short time. But with high profit comes high risk because by buying many coins you can lose your valuable capital so before investing one should do extensive research and plan according to expert advice.

[Makus]

Op, I'm quite impressed with what you have put together, it shows you have been really busy studying, though from your post, its  obvious you are a newbie and I suggest you keep on making research. Don't enter into trading of you are not well knowledgeable about the project or market. It's best you go for reputable projects like bitcoin which might be experiencing bull anytime soon. As a  newbie you have to understand the importance of privacy and security in cryptocurrency, the best way to have a good experience is when you stay anonymous and have a good manual backup for your seed phrase. Continue learning and ask questions if you come across anything thing that is not quite clear to you.

[sampoerna]

Just to correct the OP though, we have bull run and bear market. So it's up to you on how you are going to look at it. Maybe you think it's better to invest on bull run. However, the best strategy is to invest during the bear market when the price is very low and everything is at a discount when prices are in the -90% from it's previous all time high. And then it's going to be a hard grind, week by week you can do DCA and buy and save or what we call accumulate. We do that in bear market as our accumulation phase and then HODL. And when it's the right time to sell, then it's the bear market as obviously the price is very high and it could give you a minimum 2x and higher profits.

Indeed. This is precisely what makes the most sense. Especially if it is for top coins, such as Bitcoin, ETH, BNB, and maybe other top cons. It is precisely during the bearish market that the price of these coins is really discounted massively. And indeed many long-term holders take advantage of this bearish moment to increase their crypto asset accumulation very well. However, this is usually for coins that already have a good market cap. Because if not, or take shit coins, then the chance to survive during the bearish era is quite small.

Now, while the bullrun period is the time to start taking profits. yes, although sometimes there are still purchases, maybe for the short term it would be much better while looking at the price position in the market. Because don't misinterpret and be too late to take profits, and the bullish era ends and enters the bullish era.

[AVE5]

Every day the number of people learning about what cryptocurrency is and ready to get additional income is skyrocketing. We can find examples when people invested some dollars in digital assets, and after a couple of years, they became a millionaire
so if you want to invest in cryptomarket is not a bad idea. good luck

Cryptocurrencies can be resourceful and lucrative for adoptors who're holding to make profit but not to regret it and later turn to say Cryptocurrencies are scam especially for the  beginners, it would be wise to make research for not all cryptocurrencies are worth investing on. Some are shitcoins while some are scam.
Very recommendable for anyone to adopt bitcoin and have your fear of loosing your funds away.

[Dr.Bitcoin_Strange]

The crypto market is where we go to see if a coin is going high in price or coming low in price, people that always focus in checking crypto market everyday is trader's, as a trader you need to be checking price of different coins everyday if not you may lose money or lose opportunity of making huge amount of money, for example if you buy a coin and you start waiting for the coin to go high in price so you can sell it of and it went up and you didn't check market that period and it comes down again you have lost it, cryptocurrency is highly volatile and because of that coin goes up and down and it happens always and that is why traders always watch crypto market and what will make you a professional in trading is always going through the market.

Watching the market always should not be done by people that are into Long term Bitcoin investment, because check the market everyday day may reduce your interest to invest or your investment percentage when ever you see that Bitcoin price is going low, since you are holding for a very long term like 5 to 10 years no need to be checking the market always, I'm not saying you shouldn't check the Bitcoin market to see if there's a dip I'm saying is not something you should be doing everyday, all you should do is to focus and keep accumulating, don't put your mind in the market.

[BitMaxz]

It seems the OP does not know exactly what is crypto market he might be talking about cryptocurrencies where we can invest and I think he didn't know that there is two exchanges or market we have decentralized and centralized market.

Since he is newbie I think OP should learn first about crypto trading he seems created a topic that he didn't know.

@OP I suggest read this "Awesome Crypto Trading" to learn more about decentralize and centralize exchange and how to trade.

[Gurujebs]

Cryptocurrencies can be resourceful and lucrative for adoptors who're holding to make profit but not to regret it and later turn to say Cryptocurrencies are scam especially for the  beginners, it would be wise to make research for not all cryptocurrencies are worth investing on. Some are shitcoins while some are scam.
Very recommendable for anyone to adopt bitcoin and have your fear of loosing your funds away.

You are right but I can't say completely. There is something wonder in crypto that even a good project can turn bad within a day or night. Such things are as a result of the way the team handle the tokenomics, partnerships and other things about the project. Some projects has went from $100m marketcap down to zero because of hack.

However, doing personal research helps you to mitigate such kind of things in the future. Sometimes, there are some that you can't avoid because they can never be your fault. More reason why you should know that crypto is a risky investment.

[bitterguy28]

Continue learning and ask questions if you come across anything thing that is not quite clear to you.

yes there will be always more people who might have more experience than you they might have a better understanding of how the market moves and have actually lived these experiences enough to make a deduction for the future however it is still ideal if you study on your own and try to make your own decisions

i just do not think that you’ll learn anything from depending too much on someone with much more experience and knowledge already it’s still good if you can stand on your own and make your own decisions

[albon]

A crypto market is a market where cryptocurrencies are exchanged. Moreover they have no physical presence so it is only present on your screen and managed by blockchain. It is not enforced by any country government. On the other hand, to put it very simply, the crypto market is a digital currency market where blockchain technology is used to constantly create new coins and provide users with secure transactions. Here are different ways you can earn money so do more research to get a strong experience with everything.