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Re: Before you step into crypto

Postby crestcapital » 15 Aug 2023, 08:44

It is important to conduct proper research before you step into a cryptocurrency because it is it requires huge level of research.
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Re: Before you step into crypto

Postby Presh » 15 Aug 2023, 13:58

Yugocean wrote:If you don't have some Bitcoin, better don't step in crypto.
Bitcoin is the most assured crypto currency no doubt but I have seen lesser known crypto projects make people millionaires.
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Re: Before you step into crypto

Postby oldbuddy » 15 Aug 2023, 23:13

ahmedo24 wrote:
Ravic wrote:You have to understand the concept of wallets and exchanges. And how they relate to crypto operations.

That's necessary because they are basic principles to understand first as they will store your funds. Then the next should be to learn trading tricks, analysis, and risk management.

If you ever learned to understand a piggy bank as a child, you have all the training you need (except for one thing). You would be wise to quit reading posts in money Forums that will just confuse you.
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Re: Before you step into crypto

Postby Cuddy » 16 Aug 2023, 04:29

Presh wrote:
Yugocean wrote:If you don't have some Bitcoin, better don't step in crypto.
Bitcoin is the most assured crypto currency no doubt but I have seen lesser known crypto projects make people millionaires.
understanding the concept of bitcoin will give you an upper hand in making decent amount of money from it.
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Re: Before you step into crypto

Postby Ravic » 16 Aug 2023, 06:59

The best thing for you to do is to approach crypto passively. If you put your hope on ite, it can fail you massively. That's why you put spare money there.
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Re: Before you step into crypto

Postby crestcapital » 16 Aug 2023, 07:17

Cryptocurrency is a very lucrative adventure online and a lot of people utilise it to make money but you must have the prerequisite knowledge.
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Re: Before you step into crypto

Postby Cody » 24 Aug 2023, 05:54

crestcapital wrote:Cryptocurrency is a very lucrative adventure online and a lot of people utilise it to make money but you must have the prerequisite knowledge.
Knowledge is very important with cryptocurrency investment. It is what would give you the ability to know when to go in and when stay out and keep analysing .
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Re: Before you step into crypto

Postby Abigael » 24 Aug 2023, 12:25

Cody wrote:
crestcapital wrote:Cryptocurrency is a very lucrative adventure online and a lot of people utilise it to make money but you must have the prerequisite knowledge.
Knowledge is very important with cryptocurrency investment. It is what would give you the ability to know when to go in and when stay out and keep analysing .

That is right. Knowledge is what you need in crypto investment. You should keep exploring and keep learning till you know how to get in and out of the market.
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Re: Before you step into crypto

Postby SHAHID987 » 24 Aug 2023, 12:50

Before you step into crypto, you must be very cautious because this ground is turned very dangerous, like if you purchased $100 let's suppose BNB suddenly it starts going down and set at 100 point below so you face too much loss.
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Re: Before you step into crypto

Postby Vehlijanta » 24 Aug 2023, 13:11

Its good to learn and clear all your doubts before stepping into crypto investment
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Re: Before you step into crypto

Postby Presh » 26 Aug 2023, 05:30

You have to know and understand that cryptocurrency investments is not a money doubling scheme so that you won't feel someone cheated you.
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Re: Before you step into crypto

Postby stan358 » 27 Aug 2023, 12:35

I could only use my cryptocurrency to trade in the cryptocurrency market. That one works for me.
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Re: Before you step into crypto

Postby kennysplash » 29 Aug 2023, 05:35

Just make sure that you learn all there is to know first before you go all in, very important.
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Re: Before you step into crypto

Postby Nsikan » 29 Aug 2023, 05:54

Try and study past trends. I told someone that LTC would so dip with halving based on previous halvings done on past years but they were telling me it would gain. In crypto, history is important.
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Re: Before you step into crypto

Postby stan358 » 29 Aug 2023, 10:48

Before you start to invest in the cryptocurrency market, it is advised that you know the risk involved by making your own research..
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Re: Before you step into crypto

Postby RandomUser » 30 Aug 2023, 04:48

I will advise that invest only what you can afford to lose and start with a small amount and don't invest in pump or dump coins. If you do future trading in crypto don't choose leverage or margin higher than 10x if you are just starting out cause I have lost some money on future trading.
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Re: Before you step into crypto

Postby Recob » 30 Aug 2023, 05:49

Know that patience is key in the crypto market. Take for instance, this morning ,most of the crypto coins are just gaining. What would happen to someone who despaired and out of panic, cashed out at a loss?
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Re: Before you step into crypto

Postby cinderella » 30 Aug 2023, 06:46

It's good if we invest what we earn from various online activities and if we are sure that the price will go up after a dip, we can use our own money for investment. I still have several cryptocurrency investments. Some were gone and some already earned profit.
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Re: Before you step into crypto

Postby stan358 » 30 Aug 2023, 16:54

Before you start to use or trade with cryptocurrency. It is very important that you take time to read and understand the cryptocurrency market..
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Re: Before you step into crypto

Postby kennysplash » 31 Aug 2023, 10:52

I always explain to the few people I refer what they ought to do and not to do. Ignorance should not be an excuse.
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