Invest less in Cryptocurrency or not??

[Yamzakid]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

Our main goal of investing is to make profits, but how can we invest when we don't know what we're investing on? Bitcoin and altcoins are not risk-free if you lack understanding, before putting your money into any investment make sure you conduct proper research.
Investing in bitcoin is beneficial if you adopt a long-term strategy, invest just what you can afford to lose, and have emergency funds aside to keep you focused on your investment. Understand wallets, pick a reputable wallets to hold your coins, and if you want to invest in altcoins, I suggest researching the best ones because there are many risks involved in Altcoins than Bitcoin.

[erus]

First, we must first learn how crypto works.
Second, don't rush into the crypto circle.
Third, prepare a reserve fund because crypto is unpredictable.
Fourth, prepare a strong mentality specifically for crypto.

For investment, I am sure that a little is enough because I feel that crypto has a price change that always changes so quickly. I am also sure that crypto does not provide full benefits because there must be losses. So, just prepare a strong mentality to immediately enter the crypto world.

[robelneo]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

The first thing is you must know how to look for value and use cases attached to the project and don't rely on hype; its deceptive and will make you lose in the long run, or if you do not know how the game of pump and dump is played, its better to look for long-term, that will yield better results and profit repeatedly; one such example is Bitcoin and Ethereum.
Investing in cryptocurrency has a lot of traps, so educate yourself first and don't be in a hurry to make a profit.

[Z-tight]

I don't know the cryptocurrencies you want to invest in, i buy mostly BTC, and i do not have any plans of buying less of it, i believe the future is going to be good for bitcoiners. However, if you are buying pump and dump coins, you may have to sell it as soon as you have made some returns, and i can recommend that people invest less in new projects.

[sampoerna]

I don't know the cryptocurrencies you want to invest in, i buy mostly BTC, and i do not have any plans of buying less of it, i believe the future is going to be good for bitcoiners. However, if you are buying pump and dump coins, you may have to sell it as soon as you have made some returns, and i can recommend that people invest less in new projects.

BTC ----> No doubt, must have
Altcoins ---> must be more and more selective, with its own risks. More returns, more risks probabilities.

so just take your own responsibility in choosing the right altcoins to have.

And it's true, diversification is important when putting our money in altcoins. Even if you like 1 coin, just bet on it, but don't go all-in, because you still need more money for other altcoins. Note: top altcoins .

For me, I'm diversifying some altcoins such as ETH, BNB, ADA, XRP, and other top altcoins that I have had since the previous bullrun. so, this is just a matter of waiting.

[bayu7adi]

Trust most of your luck, the rest use your brain to gather important information about the related project... early adopters always have a greater risk, but the potential profit is also large if they succeed in making accurate decisions..

The point is, don't be reckless in investing in new projects, because we know that there are so many new projects emerging lately, and our vision is not perfect enough to predict all the new projects that exist.

[bitterguy28]

I don't know the cryptocurrencies you want to invest in, i buy mostly BTC, and i do not have any plans of buying less of it, i believe the future is going to be good for bitcoiners. However, if you are buying pump and dump coins, you may have to sell it as soon as you have made some returns, and i can recommend that people invest less in new projects.

would anyone want less of bitcoin?

i doubt! all of us want more if possible and i am fully convinced that a lot of us are hindered from buying more bitcoin because of the price and how much of it we can only afford if i had the money i would definitely buy more bitcoins to hold and maybe use it for some transactions every now and then

[bounceback]

would anyone want less of bitcoin?

i doubt! all of us want more if possible and i am fully convinced that a lot of us are hindered from buying more bitcoin because of the price and how much of it we can only afford if i had the money i would definitely buy more bitcoins to hold and maybe use it for some transactions every now and then

In my opinion, no doubt for investing more in bitcoin behind how progress movement significant of bitcoin than other investment way, usually other investment way take around several years later to earn much profitable but difference when investing our money in bitcoin.
I have allocated around 60% of my saving money for holding in bitcoin only due increasing benefit earn than save only as fiat, however when bitcoin hitting higher price my saving assets increasing drastically but when going down keep hold it until recovery back to higher price.

[Nheer]

would anyone want less of bitcoin?

i doubt! all of us want more if possible and i am fully convinced that a lot of us are hindered from buying more bitcoin because of the price and how much of it we can only afford if i had the money i would definitely buy more bitcoins to hold and maybe use it for some transactions every now and then

In my opinion, no doubt for investing more in bitcoin behind how progress movement significant of bitcoin than other investment way, usually other investment way take around several years later to earn much profitable but difference when investing our money in bitcoin.
I have allocated around 60% of my saving money for holding in bitcoin only due increasing benefit earn than save only as fiat, however when bitcoin hitting higher price my saving assets increasing drastically but when going down keep hold it until recovery back to higher price.

Investing in bitcoin is a really perfect investment but if you can’t invest for longer term then don’t try and invest in bitcoin. Allocating almost 60% of your saving it was a really perfect choice at least you did make a profit unbelievable decision. To much holding of investments after it getting dump or the market is falling can really be risky so I will like you to make a better decision not holding for to long after a great pump or raising of the price.
But if you can still risk it then the decision is left for you but after making a perfect profit I will advice to make a perfect decision to TP (take profit) and SL (stop loss).

[Sim_card]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

The first thing is you must know how to look for value and use cases attached to the project and don't rely on hype; its deceptive and will make you lose in the long run, or if you do not know how the game of pump and dump is played, its better to look for long-term, that will yield better results and profit repeatedly; one such example is Bitcoin and Ethereum.
Investing in cryptocurrency has a lot of traps, so educate yourself first and don't be in a hurry to make a profit.

The first thing OP needs to do is to put in his mind that crypto investment is not a get rich quick scheme but a long term investment for the future, so that he can make up his mind if he is ready or not. Secondly, since OP is new in the cryptospace, it will be difficult for him to know the right coin to invest that will not make him run at loss, therefore, bitcoin should be on his mind. Only invest in bitcoin so that you can have rest of mind and a long-term hodler, and you can also be buying more whenever you have the money. Forget about investing in altcoins for now till you become an OG in the space, where you can decide on whatever coin you feel is cool for you to invest in.

[milewilda]

I don't know the cryptocurrencies you want to invest in, i buy mostly BTC, and i do not have any plans of buying less of it, i believe the future is going to be good for bitcoiners. However, if you are buying pump and dump coins, you may have to sell it as soon as you have made some returns, and i can recommend that people invest less in new projects.

would anyone want less of bitcoin?

i doubt! all of us want more if possible and i am fully convinced that a lot of us are hindered from buying more bitcoin because of the price and how much of it we can only afford if i had the money i would definitely buy more bitcoins to hold and maybe use it for some transactions every now and then

Lets take for example into this situation in regarding about those bear market time where Bitcoins price hit that low of $15k, pretty sure that tons of investors or people who had been holding their coins are already skeptical that it might go to zero. For those who had that able to buy more on that time are the ones who do make money. It all matters on how you do make out some investment and  taking up risks on which we do know into the saying that be greedy when others are fearful on which this one works everytime. Therefore, it will really giving out that kind of lesson into those people that if you wont take risks then you wont gain something.

[EluguHcman]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

Make your researches, do consultations as it may be needed as a beginner.
Then dedicated your time to study the peripherals of the coin on how the market values works.

You should not forget to invest what is affordable to lost of in case the market does not offer your expectation.
Also, keep your seed phrase secured and don't trust anyone with it.

[EvelinaMazun]

To be honest, I'm already thinking about investing in cryptocurrency myself and using one of the exchangers \

[bhadz]

To be honest, I'm already thinking about investing in cryptocurrency myself and using one of the exchangers \

You're in a crypto forum and you haven't invested yet? I am not surprised but that's fine. There are skeptical people that are in the forum and haven't found themselves invested yet. That's an interesting take because you're still researching of what you must do and that's a normal thing to do. If you're already thinking about getting on it, you should think more and better because we're already in a bull run, it's not yet late you can get ready for the next bull run cycle.

[Z-tight]

To be honest, I'm already thinking about investing in cryptocurrency myself and using one of the exchangers \

What cryptocurrency do you want to buy? There are so many coins out there, though i usually recommend that as a beginner, one should buy BTC. You can buy BTC either in a centralized exchange or a p2p exchange, however, once you buy BTC, you should move it into your self custodial wallet, that is where you should store your coins.