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Re: Before you step into crypto

Postby Reedex » 15 May 2023, 05:50

Tendz wrote:In cryptocurrency, there is higher potential profits as well as higher risk. By investing in them, it's very possible to get filthy rich, and also possible to lose all your money.

It is true that crypto has huge profit but it also carry high degree of risk.
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Re: Before you step into crypto

Postby Yohanna » 15 May 2023, 06:26

Reedex wrote:
Tendz wrote:In cryptocurrency, there is higher potential profits as well as higher risk. By investing in them, it's very possible to get filthy rich, and also possible to lose all your money.

It is true that crypto has huge profit but it also carry high degree of risk.

Getting acquainted to the fact that cryptocurrency comes with huge level of risk makes you invest in crypto with a lot of caution.
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Re: Before you step into crypto

Postby Cuddy » 15 May 2023, 13:49

Reedex wrote:
Tendz wrote:In cryptocurrency, there is higher potential profits as well as higher risk. By investing in them, it's very possible to get filthy rich, and also possible to lose all your money.

It is true that crypto has huge profit but it also carry high degree of risk.

The profit that is involved in crypto related investment is very huge and that is why so many people are attracted to it forgetting that it also carries huge risk.
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Re: Before you step into crypto

Postby Gloria » 15 May 2023, 14:38

Avant de vous lancer dans l'investissement en crypto-monnaies, voici quelques éléments à prendre en compte :

Comprendre les crypto-monnaies : Il est important de comprendre ce qu'est une crypto-monnaie, comment elle fonctionne, les différents types de crypto-monnaies disponibles sur le marché, ainsi que les risques associés à l'investissement en crypto-monnaies.

1- Établir un budget : Déterminez le montant que vous êtes prêt à investir dans les crypto-monnaies. Il est important de ne jamais investir plus que ce que vous pouvez vous permettre de perdre.

2- Choisir une plateforme d'échange : Trouvez une plateforme d'échange de confiance pour acheter, vendre et stocker des crypto-monnaies.

3- Sécuriser vos crypto-monnaies : La sécurité est primordiale lorsqu'il s'agit de crypto-monnaies. Utilisez des portefeuilles électroniques (wallets) sécurisés et évitez de laisser vos crypto-monnaies sur une plateforme d'échange en ligne.

4- Suivre l'actualité : Restez informé des dernières tendances du marché de la crypto-monnaie et des événements susceptibles d'influencer les prix.

Il est important de rappeler que l'investissement en crypto-monnaies est risqué et que les prix peuvent être très volatils. Assurez-vous de faire vos propres recherches et de consulter un conseiller financier si nécessaire

--- 15 May 2023, 15:39 ---

Pas plus ,pas moins
Fiez-vous un budget.
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Re: Before you step into crypto

Postby nela13 » 15 May 2023, 16:36

oldbuddy wrote:Tomorrow it will add 7 Satoshi to your Bitcoin Balance and that is just the tip of the iceberg.


@oldbuddy I have a doubt, after the 180 days that the active share earns us interest, what happens to the active share after those days?
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Re: Before you step into crypto

Postby Abdulhamid001 » 15 May 2023, 20:18

Yohanna wrote:
Reedex wrote:
Tendz wrote:In cryptocurrency, there is higher potential profits as well as higher risk. By investing in them, it's very possible to get filthy rich, and also possible to lose all your money.

It is true that crypto has huge profit but it also carry high degree of risk.

Getting acquainted to the fact that cryptocurrency comes with huge level of risk makes you invest in crypto with a lot of caution.

A long time crypto investment and also learning to trade cautiously is sufficient . another thing is some people are greedy when it comes to crypto investment, they always want to get more profit rather than being contented with the ones they made already.
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Re: Before you step into crypto

Postby Emmaojo » 15 May 2023, 21:55

Crypto has a lot of write-up on search engine and social medias. You can take a look at those ebooks for better understanding before you start.
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Re: Before you step into crypto

Postby FXOcrypto » 15 May 2023, 23:39

Reedex wrote:
Tendz wrote:In cryptocurrency, there is higher potential profits as well as higher risk. By investing in them, it's very possible to get filthy rich, and also possible to lose all your money.

It is true that crypto has huge profit but it also carry high degree of risk.

Crypto trading and forex trading has similar risk, the profit could make thousands percent, the risk possible losing half or all investment, now I trade forex using FXOpen broker and tries to work carefully with tight risk management.
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Re: Before you step into crypto

Postby Mika » 17 May 2023, 08:45

If you are stepping into crypto, try to avoid investing in meme coins. Most of the meme coins are only trying to take advantage of market situation.
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Re: Before you step into crypto

Postby Emmaojo » 17 May 2023, 09:30

Mika wrote:If you are stepping into crypto, try to avoid investing in meme coins. Most of the meme coins are only trying to take advantage of market situation.
Some investors are doing well in meme coins. They know how to find their ways.
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Re: Before you step into crypto

Postby augusta » 17 May 2023, 09:35

Mika wrote:If you are stepping into crypto, try to avoid investing in meme coins. Most of the meme coins are only trying to take advantage of market situation.


I agree with you I think here there a lot of pump and dump which one needs to avoid
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Re: Before you step into crypto

Postby Isaac » 17 May 2023, 11:44

Mika wrote:If you are stepping into crypto, try to avoid investing in meme coins. Most of the meme coins are only trying to take advantage of market situation.

There are some menecoin that will earn you a decent amount of money but majority of them could make you lose your fund very quickly.
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Re: Before you step into crypto

Postby Vehlijanta » 19 May 2023, 15:59

The more you learn the more better it would be but there will still be risk
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Re: Before you step into crypto

Postby Mayor » 21 May 2023, 07:09

Crypto currency just like every other investment have its own risks. What you need to reduce the risks is to only invest what you can afford to lose. Do not invest more than your power.
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Re: Before you step into crypto

Postby Mika » 03 Jun 2023, 08:29

You will have to create a balance between high risk asset and low risk asstes. meme coins are high risk assets and Bitcoin and ETH are low risk assets.
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Re: Before you step into crypto

Postby eldavis » 03 Jun 2023, 08:34

Before going into any kind of investment, it is extremely important you know what it is you are going into, the same applies to crypto currency. Take time out to learn and study all that there is to know about crypto currency.
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Re: Before you step into crypto

Postby augusta » 03 Jun 2023, 08:53

You need to try to learn how it works especially when it comes to trading or trying to incest in it.
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Re: Before you step into crypto

Postby Emmaojo » 03 Jun 2023, 11:16

You can get a mentor before you get into crypto. I think this was what helped to be able to stand on my own when it comes to crypto.
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Re: Before you step into crypto

Postby ahmedo24 » 05 Jun 2023, 06:31

The best way to make money from cryptocurrency investment is to join premium class of reputable experts in the game
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Re: Before you step into crypto

Postby Yugocean » 05 Jun 2023, 06:48

What has happened nowadays? The information about the hack of Atomic Wallet tells us to at least not use Atomic Wallet.
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