Be careful of the coin you invest on.

[TomPluz]

New coins should be avoided in order not to run at loss because most of them will not survive the market for long, because they were created to scam people of their hard earned money. Currently that the bull run is around the corner, I have seen a lot of new project coming out and they will deceive people that as bitcoin price is increasing gradually since onset is how the value of the coins will increase. A friend of mine came to me today and told me fake reasons why bitcoin price is the way it is.

This is quite true...the risk in investing with new coins or tokens can be so high all because there is no assurance that they will really make it in this very competitive market. However, we should note that if a person is not afraid of risks and has the money to play in the market, new coins got the potential where people can experience the x100 or even x1000 ROI as old coins will not be able to grow and be profitable that way though they are already more stable. And I think this is the reason why many people still continue to invest even lousy projects because they are hoping they will strike the GOLDMINE they are looking for. Surely, this is not for people who are just new and have not yet learned the ins and outs of the market. Avoiding loss is impossible but losses can be recovered even just one project that will really shine and will skyrocket in value.

[CoinMin3r]

This is quite true...the risk in investing with new coins or tokens can be so high all because there is no assurance that they will really make it in this very competitive market. However, we should note that if a person is not afraid of risks and has the money to play in the market, new coins got the potential where people can experience the x100 or even x1000 ROI as old coins will not be able to grow and be profitable that way though they are already more stable. And I think this is the reason why many people still continue to invest even lousy projects because they are hoping they will strike the GOLDMINE they are looking for. Surely, this is not for people who are just new and have not yet learned the ins and outs of the market. Avoiding loss is impossible but losses can be recovered even just one project that will really shine and will skyrocket in value.

There are many new projects claiming they're this or they're that. But I'd like to say "all are not good and all are not that bad too." We've filter out bad one and choose good ones from them. As you said, yeah new one and legit one with good team/devs can have huge potential yielding its investor with huge profits as new project still have many more space to expand whereas old ones are already got saturated or stable. So it is like "choose wisely, Take risk, wait sometime, collect profit/reward".

[lepbagong]

This is quite true...the risk in investing with new coins or tokens can be so high all because there is no assurance that they will really make it in this very competitive market. However, we should note that if a person is not afraid of risks and has the money to play in the market, new coins got the potential where people can experience the x100 or even x1000 ROI as old coins will not be able to grow and be profitable that way though they are already more stable. And I think this is the reason why many people still continue to invest even lousy projects because they are hoping they will strike the GOLDMINE they are looking for. Surely, this is not for people who are just new and have not yet learned the ins and outs of the market. Avoiding loss is impossible but losses can be recovered even just one project that will really shine and will skyrocket in value.

There are many new projects claiming they're this or they're that. But I'd like to say "all are not good and all are not that bad too." We've filter out bad one and choose good ones from them. As you said, yeah new one and legit one with good team/devs can have huge potential yielding its investor with huge profits as new project still have many more space to expand whereas old ones are already got saturated or stable. So it is like "choose wisely, Take risk, wait sometime, collect profit/reward".

Wherever and whatever they do, they will say they are the best and no one wants to say the worst. Moreover, with new projects they will always say that they are the best and not the worst. But the fact is that many are bad and only a few can perform better, so it is always wise to anticipate what you want to do with all new projects.
The new ones clearly want to give their best, but are they ready with the #DevelopmentTeam ? Of course, it's not easy even though they always offer the promise of something more than the old one, but when it comes to development, the old and potential ones are guaranteed to be trustworthy in their development.
It remains to always choose wisely. CMIIW

[|MINER|]

Maybe you are not an expert at analyzing, so avoid trading because if you make a mistake in analyzing, you will experience losses that may not be desirable, but if you invest in potential altcoins, you can be sure that they will be safe.
I agree not to invest in new coins or new projects because it is very vulnerable to being scammed at times like this, unless you are able to analyze investing well first.

Ops, your guess is right. How do you know that I am not expert on analyzing, but I have at least know about to do the invest in bitcoin for long-term and as we know bitcoin is not the new project or cryptocurrency so I make DCA method on it and invest in regular basis on it and I also get some profit in this pump but I won't gonna sell this I'm waiting for the final bull season right now for selling my bitcoin.

[taufik123]

Ops, your guess is right. How do you know that I am not expert on analyzing, but I have at least know about to do the invest in bitcoin for long-term and as we know bitcoin is not the new project or cryptocurrency so I make DCA method on it and invest in regular basis on it and I also get some profit in this pump but I won't gonna sell this I'm waiting for the final bull season right now for selling my bitcoin.

Even though you are not an expert in analytical skills, it is a science that must be learned and must know the basics of how the market works, how technical and fundamental analysis affects the market. Because if you don't know the basic science, you enter gambling without knowing what to do other than just buying and selling.

Holders need good trading knowledge to be able to know where to enter and where to sell.
In fact, it will also train their psychological skills, because it is very difficult to hone psychological skills without real practice.

[bounceback]

Even though you are not an expert in analytical skills, it is a science that must be learned and must know the basics of how the market works, how technical and fundamental analysis affects the market. Because if you don't know the basic science, you enter gambling without knowing what to do other than just buying and selling.

Holders need good trading knowledge to be able to know where to enter and where to sell.
In fact, it will also train their psychological skills, because it is very difficult to hone psychological skills without real practice.

Long term holder seems not required with good knowledge just understood with potential coins for long term holding, most required for long term holder how most patience waiting for their investment assets increasing to higher price.

Difference with trader or holder have good knowledge but lack patience waiting their assets increasing drastically will earn small profitable than trader get more patience waiting for long term holding although their knowledge just enough for researching few coins only.

[kulkhan]

Yes every investors need to justify before invest in cryptocurrency. Because investment on cryptocurrency is very risky sometimes. If anyone buy some bad coin then he will be losser there has no doubt. So to buy any new or old coin we have to be more careful about it. We saw some new coin increase 3x,4x etc. But without justify if anyone buy is there will be big chance to lose from that. So we have to more careful about invest .

[|MINER|]

Even though you are not an expert in analytical skills, it is a science that must be learned and must know the basics of how the market works, how technical and fundamental analysis affects the market. Because if you don't know the basic science, you enter gambling without knowing what to do other than just buying and selling.

Holders need good trading knowledge to be able to know where to enter and where to sell.
In fact, it will also train their psychological skills, because it is very difficult to hone psychological skills without real practice.

I can't agree with your opinion because if the trader going to invest in for long term holding on Bitcoin then there is no need expertise in analysis but it will be good for him to make more profit.
For long term trading I think anyone can do with having the some fundamental general knowledge about trading and the past history of Bitcoin prices.  otherwise, it was really easy work like if you do DCA then just continue your investment on after certain time.

[taufik123]

I can't agree with your opinion because if the trader going to invest in for long term holding on Bitcoin then there is no need expertise in analysis but it will be good for him to make more profit.
For long term trading I think anyone can do with having the some fundamental general knowledge about trading and the past history of Bitcoin prices.  otherwise, it was really easy work like if you do DCA then just continue your investment on after certain time.

Is that true, it doesn't require expertise in analysis or anything?
Maybe if you talk about analysis, it looks quite technical, but the analysis I mean is not only technical, but various crypto knowledge with basic knowledge must be owned by anyone who wants to enter and invest in crypto.

If they enter without knowledge just want to buy and hold without knowing when they should sell and with a mental state that is not sufficiently trained, they will only panic in the end.

Maybe some people just buy it and forget about it, they have a lot of money or even just try, but don't know what to do next.
However knowledge is necessary, don't just boast of ignorance but gain profits, it's just luck that will eventually be lost.

[snowpega]

<snip>

If one is newbie to the crypto space, he/she should learn the basics and start from the spot holding, where bitcoin is my first priority, rather than doing trading at the beginning stage, as trading has high risk to the newbie portfolio in this case, if luck d not come at his side, he can lose his funds, or if luck comes at his side, he can earn profit as well. Well, dear One should Focus on getting good knowledge first, then start to take title risk according to his bearance. i mean, he only should take risk with those funds he can bear in form of losses, right? What do you say?

On the same side, with your second point, many new projects launch in the bull market because the market sentiments are good at that time, and they try to make good value of their newly launched projects where investors can generate a good amount of profit out of the market. That's why many projects wait for the bull season so that they launch their project. DYOR!

[|MINER|]

Is that true, it doesn't require expertise in analysis or anything?
Maybe if you talk about analysis, it looks quite technical, but the analysis I mean is not only technical, but various crypto knowledge with basic knowledge must be owned by anyone who wants to enter and invest in crypto.

If they enter without knowledge just want to buy and hold without knowing when they should sell and with a mental state that is not sufficiently trained, they will only panic in the end.

Maybe some people just buy it and forget about it, they have a lot of money or even just try, but don't know what to do next.
However knowledge is necessary, don't just boast of ignorance but gain profits, it's just luck that will eventually be lost.

Actually I want to also agree with your opinion. But what I mean is that if someone invests in Bitcoin for long-term trading, then if he has some basic knowledge such as what is Bitcoin halving and how does the halving affect the market after that, also the history of Bitcoin's previous halving and bull-run. If you know these things, and if you invest in dca method in the long term, I think it is possible to get profit. Apart from technical analysis and more in-depth knowledge, it is possible to gain profit in this field. And I will also say that the more knowledge a trader has, the more likely his profit and success rate will be.

[Kemarit]

Is that true, it doesn't require expertise in analysis or anything?
Maybe if you talk about analysis, it looks quite technical, but the analysis I mean is not only technical, but various crypto knowledge with basic knowledge must be owned by anyone who wants to enter and invest in crypto.

If they enter without knowledge just want to buy and hold without knowing when they should sell and with a mental state that is not sufficiently trained, they will only panic in the end.

Maybe some people just buy it and forget about it, they have a lot of money or even just try, but don't know what to do next.
However knowledge is necessary, don't just boast of ignorance but gain profits, it's just luck that will eventually be lost.

Actually I want to also agree with your opinion. But what I mean is that if someone invests in Bitcoin for long-term trading, then if he has some basic knowledge such as what is Bitcoin halving and how does the halving affect the market after that, also the history of Bitcoin's previous halving and bull-run. If you know these things, and if you invest in dca method in the long term, I think it is possible to get profit. Apart from technical analysis and more in-depth knowledge, it is possible to gain profit in this field. And I will also say that the more knowledge a trader has, the more likely his profit and success rate will be.

Right, at least the basic might be enough for long term holder. Or at least how to protect their wallet and the security practice is also very important. But if you are not going to trade, and would rather used DCA, and look for the long term perspective, then yeah, no need to be that technical in reading graphs.

And that is the beauty of Bitcoin, there could be some of us here who started to think that trading is easy, but then again fight it the hard way and so doesn't want to complicated things and so they just become to accumulate and HODL and just try to timing the market in the bull run to sell. And you can still make a ton of profits, especially if you start to accumulate during the bear market.

[snowpega]

Yes every investors need to justify before invest in cryptocurrency. Because investment on cryptocurrency is very risky sometimes. If anyone buy some bad coin then he will be losser there has no doubt. So to buy any new or old coin we have to be more careful about it. We saw some new coin increase 3x,4x etc. But without justify if anyone buy is there will be big chance to lose from that. So we have to more careful about invest .

Risk management is very important in the crypto industry so we need to be careful while investing. And in my opinion, one should not put all his/her portfolio only into the single project, as doing this can lead to big losses as well. we should diversify our portfolio into different projects but my first priority will be bitcoin. and investing in other projects need good research but the one who investing without doing any research is obviously taking high risk

It is a very tricky part to find a good project out of the giant crypto industry, but in my opinion, old projects are better because they have a strong ecosystem, use case, and fundamentals, but some of the old projects are not good as well. what do you think of it? Must share your opinion as new projects are not good they start to lose their value so quickly. DYOR!

[taufik123]

Right, at least the basic might be enough for long term holder. Or at least how to protect their wallet and the security practice is also very important. But if you are not going to trade, and would rather used DCA, and look for the long term perspective, then yeah, no need to be that technical in reading graphs.
-snip-

This is the most important thing and must be known by all Holders, after all, wallet security or device security really must be considered.
Many hacking incidents are due to the negligence of wallet users so that Seed Phrase can be known to other people and the devices used in malware infiltrates.

It's pretty horrible with all those vulnerabilities due to the negligence of the users themselves.
And for the long term never use a CEX as a storage wallet, it is really not recommended.
It is better to use hardware wallets that are more secure and have better protection such as Ledger, Trezor, Safepal etc.

[lepbagong]

Yes every investors need to justify before invest in cryptocurrency. Because investment on cryptocurrency is very risky sometimes. If anyone buy some bad coin then he will be losser there has no doubt. So to buy any new or old coin we have to be more careful about it. We saw some new coin increase 3x,4x etc. But without justify if anyone buy is there will be big chance to lose from that. So we have to more careful about invest .

We are given the effort to be able to do a good analysis before making any investment, especially in crypto, where it is always difficult to understand every movement.
If you are able to analyze, then do it well and, of course, don't choose bad coins because it will lead to losses, but if you are not able to analyze them then there is an opportunity to look for them at CMC, where there are lots of potential coins that can be invested.
It's true that new coins are very attractive because what we get is sometimes bigger than the first investment, but that doesn't guarantee that the price will be like that, because it might go down when it enters the stock exchange.