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Re: Before you step into crypto

Postby Tendz » 05 Jun 2023, 07:52

Before diving into the world of cryptocurrencies, a person should first acquire knowledge about them. Also, it's good if you diversify your portfolio.
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Re: Before you step into crypto

Postby Yugocean » 05 Jun 2023, 08:25

Tendz wrote:Before diving into the world of cryptocurrencies, a person should first acquire knowledge about them. Also, it's good if you diversify your portfolio.
And what knowledge you will recommend for it?
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Re: Before you step into crypto

Postby Semi » 06 Jun 2023, 06:10

Know that cryptocurrency requires you to have patience because what goes down would surely come up.
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Re: Before you step into crypto

Postby Reedex » 06 Jun 2023, 18:33

Semi wrote:Know that cryptocurrency requires you to have patience because what goes down would surely come up.

Apart from patients, cryptocurrency comes with a high level of risk as well.
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Re: Before you step into crypto

Postby oldbuddy » 06 Jun 2023, 19:30

Reedex wrote:
Semi wrote:Know that cryptocurrency requires you to have patience because what goes down would surely come up.

Apart from patients, cryptocurrency comes with a high level of risk as well.

Not if you follow the earlier advice on this thread, get with someone you trust at least a little that has been there and done that and start by examining their strategy to see if it fits your style. Then start slow and expand, so you always have an escape hatch that is easy to open. Of course if you start with Crypto you can earn free online, it may slow down things even more, but there is virtually No Financial Risk , which is the approach I took a year ago and combined with my currently successful plans to accumulate Millions of Satoshi that earns positive cash flow every day that I can compound for maximum profits.
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Working on a New Side-Hustle

Since age is no longer creeping up on me, but rushing in like an NFL ball carrier on 4th down from the 1 yard line. it's very simple.
My 1st success has been https://cashcowtraffic.com/?rid=1631
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Re: Before you step into crypto

Postby Recob » 08 Jun 2023, 12:11

There is no free cryptocurrency. Even if you earn it online, an effort must give in.
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Re: Before you step into crypto

Postby Emmaojo » 08 Jun 2023, 13:48

You need to understand the value of all currencies and you need to read about history on search engine before you go into crypto.
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Re: Before you step into crypto

Postby Inem » 09 Jun 2023, 00:17

Take about one month and study the price graph of the cryptocurrency you want to invest in and see if you can determine a pattern.
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Re: Before you step into crypto

Postby Yugocean » 09 Jun 2023, 04:32

Inem wrote:Take about one month and study the price graph of the cryptocurrency you want to invest in and see if you can determine a pattern.

You did?
I don't think this idea will work, volatile market do not give guarantee of any such study; it helps only for a while.
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Re: Before you step into crypto

Postby Kenti » 09 Jun 2023, 06:33

Yugocean wrote:
Inem wrote:Take about one month and study the price graph of the cryptocurrency you want to invest in and see if you can determine a pattern.

You did?
I don't think this idea will work, volatile market do not give guarantee of any such study; it helps only for a while.
That is true. There is no concept called guarantee in cryptocurrency. It doesn't just exist.
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Re: Before you step into crypto

Postby Abigael » 09 Jun 2023, 07:46

Inem wrote:Take about one month and study the price graph of the cryptocurrency you want to invest in and see if you can determine a pattern.

If it is possible to get a pattern, then that might give you some peace when you invest. Though you may still encounter some unexpected changes that could lead to loss.
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Re: Before you step into crypto

Postby nela13 » 14 Jun 2023, 18:00

Right now in CryptoWin, we can only buy shares if we have 10000st which is too high for me. I could deposit some bitcoins from Cointiply but those earn me interest in the site too. It seems that is a summer promotion, hope they go back to 1000 to buy 1 share soon.
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Re: Before you step into crypto

Postby Inem » 15 Jun 2023, 05:10

Abigael wrote:
Inem wrote:Take about one month and study the price graph of the cryptocurrency you want to invest in and see if you can determine a pattern.

If it is possible to get a pattern, then that might give you some peace when you invest. Though you may still encounter some unexpected changes that could lead to loss.
Losses are imminent but could he minimized if you have a basic understanding of hiw to manage your cryptocurrency investment.
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Re: Before you step into crypto

Postby MysticMoons » 16 Jun 2023, 00:06

crypto is really good. but too much trouble to cash out
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Re: Before you step into crypto

Postby Inem » 16 Jun 2023, 03:10

Don't even go into cryptocurrency now. Bitcoin just had a dip of -3% yesterday.
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Re: Before you step into crypto

Postby SHAHID987 » 16 Jun 2023, 05:15

Before starting investing one must prepare his mind that he may lose all money he is going to invest. It has been seen as sometime all expert planning fails and market turned into red and remain there for few days.
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Re: Before you step into crypto

Postby Tendz » 16 Jun 2023, 10:11

Yugocean wrote:
Tendz wrote:Before diving into the world of cryptocurrencies, a person should first acquire knowledge about them. Also, it's good if you diversify your portfolio.
And what knowledge you will recommend for it?


Just like you gain knowledge from every research you do before making an investment on any project. But with crypto, one should always keep in mind that it is very volatile and riskier than other ventures.
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Re: Before you step into crypto

Postby Streamguy69 » 20 Jun 2023, 22:59

I think the crypto market is just like the stock market. Some days it is gonna be good and some days not so good. It depends on the day. Today it says it was up 5.83% in the past 24 hours
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Re: Before you step into crypto

Postby Recob » 21 Jun 2023, 07:26

Streamguy69 wrote:I think the crypto market is just like the stock market. Some days it is gonna be good and some days not so good. It depends on the day. Today it says it was up 5.83% in the past 24 hours
This is some good news though but when are we expecting the bull run?
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Re: Before you step into crypto

Postby GnomeXray » 29 Jun 2023, 08:49

Yes crypto might look like great way to earn money but first you need to learn about it only then you can make some money if not you will only lose money
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