Saving... Investing... Speculating... Gambling? (Poll)

[Jamal Aezaz]

I am most interested in investing in cryptocurrencies. I know that if i invest in right place, there will be more profit and the chances of getting returns are much higher. However, when it comes to investing, I usually have to take a long-term view because some investments take time to get returns. Since the market is in a good position at the moment we can expect relatively good returns if we invest.

Cryptocurrency is profitable if a person gives time to learning prior to participation and those who dive directly into crypto investment will certainly be in disturbance because the main thing which makes you profitable is your knowledge and experience.

Altcoins require less time to show growth but the investment in bitcoin will require more time therefore if you are choosing any coin then focus on reading about its nature that is it good for long term or short term and also don't continue to hold altcoins for lengthy period of time if you are earlier in gain.

[LUCKMCFLY]

10usd to 50k is something that cant really be that possible not unless if you do make up that constant profitable trades with having that compounding. If ever someone shares up this kind of condition then i highly doubt that it would really be that legitimate or something real because if you are making such money then you would really be definitely be zipping out your mouth
and would really be that making cash all the way without having needing to tell someone publicly on which this would really be creating out thatk ind of suspicious whether
its real or really just that a made up story.

Well, he's someone I follow on YouTube, and he's an academy, although I really like his strategies and I've learned something, he trades 1-minute Annual Options and well, the way he does his Trading , he uses the compound interest Technique on occasions, but of course under certain market Conditions using candlestick patterns, using some configurations that obey Chartism and all that, what catches my attention is Because I see that in the short term these Patterns repeat themselves and are Fulfilled, something I don't agree with when trading is Done in the Medium and long Term , which Seems to me to be a Much more open market with more analysis to eact to strong Movements.

[ajiz138]

Cryptocurrency is profitable if a person gives time to learning prior to participation and those who dive directly into crypto investment will certainly be in disturbance because the main thing which makes you profitable is your knowledge and experience.

Altcoins require less time to show growth but the investment in bitcoin will require more time therefore if you are choosing any coin then focus on reading about its nature that is it good for long term or short term and also don't continue to hold altcoins for lengthy period of time if you are earlier in gain.

For altcoins, I always do it like that, I try to take advantage as quickly as possible, of course with the target I set at the start. When the target has been reached, I will not wait long to sell it straight away.

It's different when I invest in bitcoin, as much as possible I continue to make purchases when I have the opportunity. Because my goal is a long period of time when investing in bitcoin.

[Mr. Magkaisa]

Cryptocurrency is profitable if a person gives time to learning prior to participation and those who dive directly into crypto investment will certainly be in disturbance because the main thing which makes you profitable is your knowledge and experience.

Altcoins require less time to show growth but the investment in bitcoin will require more time therefore if you are choosing any coin then focus on reading about its nature that is it good for long term or short term and also don't continue to hold altcoins for lengthy period of time if you are earlier in gain.

For altcoins, I always do it like that, I try to take advantage as quickly as possible, of course with the target I set at the start. When the target has been reached, I will not wait long to sell it straight away.

It's different when I invest in bitcoin, as much as possible I continue to make purchases when I have the opportunity. Because my goal is a long period of time when investing in bitcoin.

         -   Almost the majority of us here in the field of crypto space are really in the long-term period; even if I am, that's what I'm actually doing. In the long term, if the asset you hold is in the top altcoins listed, such as ETH, ARB, BNB, MATIC, SOL, ANKR, SHIB, and others, it is for sure that there will be a good return on our capital. And Bitcoin is a given in the long term; we already know that here.

Because of our implementation of DCA in our top choice altcoins, we are now making savings for the future, and when the right time comes, we will do the trading so that it can be exchanged for our fiat forever.

[Insanity]

Cryptocurrency is profitable if a person gives time to learning prior to participation and those who dive directly into crypto investment will certainly be in disturbance because the main thing which makes you profitable is your knowledge and experience.

Altcoins require less time to show growth but the investment in bitcoin will require more time therefore if you are choosing any coin then focus on reading about its nature that is it good for long term or short term and also don't continue to hold altcoins for lengthy period of time if you are earlier in gain.

For altcoins, I always do it like that, I try to take advantage as quickly as possible, of course with the target I set at the start. When the target has been reached, I will not wait long to sell it straight away.

It's different when I invest in bitcoin, as much as possible I continue to make purchases when I have the opportunity. Because my goal is a long period of time when investing in bitcoin.

To invest in altcoins, we need to find good altcoins and then invest. And if we can't find good altcoins, we can never do anything good by investing. The most preferred coin among altcoins is bnb.  I invest in bnb most of the time.

But I think it would be foolish to compare any coin with Bitcoin because all altcoins start to increase after the price of Bitcoin increases, so I think we should invest in altcoins as well as investing in Bitcoin.

[bee]

so I think we should invest in altcoins as well as investing in Bitcoin.

I think that's the wrong attitude. We can easily recommend newbies with bitcoin because we already know its performance, but not with altcoins because it requires a different approach to find the ones that are truly worth it.
I mean, there are many types of altcoins according to their function, especially the type of token issued by an entity. For example, remember the FTT token that bankrupted many investors?

[Uruhara]

so I think we should invest in altcoins as well as investing in Bitcoin.

I think that's the wrong attitude. We can easily recommend newbies with bitcoin because we already know its performance, but not with altcoins because it requires a different approach to find the ones that are truly worth it.
I mean, there are many types of altcoins according to their function, especially the type of token issued by an entity. For example, remember the FTT token that bankrupted many investors?

Yes, it's true that recommending altcoins to beginners is not really recommended. Except for those who can already make their own fundamental analysis of the altcoin project. But recommending Bitcoin can be done even to beginners as long as we also inform them of all the risks involved.

[ajiz138]

For altcoins, I always do it like that, I try to take advantage as quickly as possible, of course with the target I set at the start. When the target has been reached, I will not wait long to sell it straight away.

It's different when I invest in bitcoin, as much as possible I continue to make purchases when I have the opportunity. Because my goal is a long period of time when investing in bitcoin.

To invest in altcoins, we need to find good altcoins and then invest. And if we can't find good altcoins, we can never do anything good by investing. The most preferred coin among altcoins is bnb.  I invest in bnb most of the time.

But I think it would be foolish to compare any coin with Bitcoin because all altcoins start to increase after the price of Bitcoin increases, so I think we should invest in altcoins as well as investing in Bitcoin.

We are faced with 2 opportunities that we can take advantage of, therefore, we must be able to take advantage of them well, by investing in bitcoin and altcoins.

Maybe in my allocation amount I allocate more to Bitcoin, but I don't forget to be able to use it well.

Bnb is one of the coins that has potential, I also invest in bnb. But once again I didn't hold altcoins for long.

[bee]

But recommending Bitcoin can be done even to beginners as long as we also inform them of all the risks involved.

The risk of investing in bitcoin is the waiting time if someone enters the market at the wrong time, and then the risk of losing access or having the wallet compromised. These are 2 general risks that I think can be found in almost all altcoins as well, but on the other hand the altcoin specific risks will not be found in bitcoin.
Over time, as ideas and innovations develop in the financial ecosystem, new altcoins will come with even more risks. At least, bitcoin remains original.

[Roseline492]

We are faced with 2 opportunities that we can take advantage of, therefore, we must be able to take advantage of them well, by investing in bitcoin and altcoins.

Maybe in my allocation amount I allocate more to Bitcoin, but I don't forget to be able to use it well.

Bnb is one of the coins that has potential, I also invest in bnb. But once again I didn't hold altcoins for long.

Yeah Bnb seem like a good coin because I no the coin when it was still coming up and by then the price was very small, though my biggest mistake was not buying it then because imagine if I had invested a lot of money on that coin how much profit I would have actually realized by now, though I'm not a fan of altcoins but I wish I had taking advantage of Bnb when I had the opportunity.

But now they have gone very far and I don't know if is still advise able to take the risk by investing on it, though I'm seeing a lot of people on a daily basis investing on Bnb because according to them they believe is going to appreciate more than it is now but who knows what the future will look like, so in as much as I will consider some altcoins to invest I will always keep Bitcoin as my major investment.

[ajiz138]

We are faced with 2 opportunities that we can take advantage of, therefore, we must be able to take advantage of them well, by investing in bitcoin and altcoins.

Maybe in my allocation amount I allocate more to Bitcoin, but I don't forget to be able to use it well.

Bnb is one of the coins that has potential, I also invest in bnb. But once again I didn't hold altcoins for long.

Yeah Bnb seem like a good coin because I no the coin when it was still coming up and by then the price was very small, though my biggest mistake was not buying it then because imagine if I had invested a lot of money on that coin how much profit I would have actually realized by now, though I'm not a fan of altcoins but I wish I had taking advantage of Bnb when I had the opportunity.

But now they have gone very far and I don't know if is still advise able to take the risk by investing on it, though I'm seeing a lot of people on a daily basis investing on Bnb because according to them they believe is going to appreciate more than it is now but who knows what the future will look like, so in as much as I will consider some altcoins to invest I will always keep Bitcoin as my major investment.

I think everyone will regret it when they don't have a coin that eventually improves rapidly, that's something we always see in cryptocurrencies.

In my opinion, that doesn't matter as long as we don't dwell on disappointment, because in crypto there is always something new, and even when the price has increased it doesn't mean we no longer have the opportunity to make a profit. We can see now, we are all still investing in the same coins whose prices are already high compared to when they first appeared,

[Roseline492]

For altcoins, I always do it like that, I try to take advantage as quickly as possible, of course with the target I set at the start. When the target has been reached, I will not wait long to sell it straight away.

It's different when I invest in bitcoin, as much as possible I continue to make purchases when I have the opportunity. Because my goal is a long period of time when investing in bitcoin.

One thing I understand about altcoins is that to be more profitable you need to enter the market on the right time because that's what will guarantee your chances of making profits, as the matter of fact there are people that there only strategy of getting profits from most of the altcoins is targeting for the right moment to buy.

I think the most important thing is knowing when to enter and when to exit because having a target is also encouraged and i wouldn't advise to hold a bit longer even if you are still running on more profits because altcoins are very unpredictable, so altcoins should only be for a short basis whereas after buying and you see some profits you sell and withdraw, while on the other hand you have Bitcoin as your major investment.

[Jamal Aezaz]

For altcoins, I always do it like that, I try to take advantage as quickly as possible, of course with the target I set at the start. When the target has been reached, I will not wait long to sell it straight away.

It's different when I invest in bitcoin, as much as possible I continue to make purchases when I have the opportunity. Because my goal is a long period of time when investing in bitcoin.

That's good and it will minimize your loss and will help you to take your profit immediately without any greed and I think if a person remains happy for his little profit then he will not feel sorrow in future by experiencing the huge profit of others. Profit percentage is different because everyone buys and sells at different rates and the situations are not similar for everyone therefore accept your own profit instead of keeping eyes on the profit of others.

Altcoins and bitcoin are totally different and we cannot handle these investments in a similar pattern because altcoins are not good for the long term while Bitcoin is not profitable for the short term so remember that you have to continue your investment by keeping the features of selected coins in mind and set a target according to which you will go ahead with your hold coins.

[ajiz138]

For altcoins, I always do it like that, I try to take advantage as quickly as possible, of course with the target I set at the start. When the target has been reached, I will not wait long to sell it straight away.

It's different when I invest in bitcoin, as much as possible I continue to make purchases when I have the opportunity. Because my goal is a long period of time when investing in bitcoin.

That's good and it will minimize your loss and will help you to take your profit immediately without any greed and I think if a person remains happy for his little profit then he will not feel sorrow in future by experiencing the huge profit of others. Profit percentage is different because everyone buys and sells at different rates and the situations are not similar for everyone therefore accept your own profit instead of keeping eyes on the profit of others.

Altcoins and bitcoin are totally different and we cannot handle these investments in a similar pattern because altcoins are not good for the long term while Bitcoin is not profitable for the short term so remember that you have to continue your investment by keeping the features of selected coins in mind and set a target according to which you will go ahead with your hold coins.

I personally don't target big profits, small profits are no problem as long as I can consistently get them. I think if we are consistent then we will get big profits.

I also always set targets and that becomes my limit so that greed does not take control of myself. This is very important because from previous experience, greed is also a problem that makes everything bad. So that way I can become even better.

[pieppiep]

For altcoins, I always do it like that, I try to take advantage as quickly as possible, of course with the target I set at the start. When the target has been reached, I will not wait long to sell it straight away.

It's different when I invest in bitcoin, as much as possible I continue to make purchases when I have the opportunity. Because my goal is a long period of time when investing in bitcoin.

That's good and it will minimize your loss and will help you to take your profit immediately without any greed and I think if a person remains happy for his little profit then he will not feel sorrow in future by experiencing the huge profit of others. Profit percentage is different because everyone buys and sells at different rates and the situations are not similar for everyone therefore accept your own profit instead of keeping eyes on the profit of others.

Altcoins and bitcoin are totally different and we cannot handle these investments in a similar pattern because altcoins are not good for the long term while Bitcoin is not profitable for the short term so remember that you have to continue your investment by keeping the features of selected coins in mind and set a target according to which you will go ahead with your hold coins.

I personally don't target big profits, small profits are no problem as long as I can consistently get them. I think if we are consistent then we will get big profits.

I also always set targets and that becomes my limit so that greed does not take control of myself. This is very important because from previous experience, greed is also a problem that makes everything bad. So that way I can become even better.

The most difficult thing is to always make a profit in a consistent way. Many traders still have this problem because they are usually stuck at high prices and limited capital is the main factor. Maybe it will be different when we have unlimited money and can regulate how much capital we use to trade on certain coins so that when the coin we buy does not have good price movements, we can buy other coins that have good price movements.