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Re: Before you step into crypto

Postby flow-er » 30 Jun 2023, 09:48

GnomeXray wrote: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

It is very crucial to learn about crypto before you engage in it.
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Re: Before you step into crypto

Postby Nsikan » 01 Jul 2023, 05:59

For those that had patience with crypto, it seems the time to reap has come. That's why you need to learn patience before you step into cryptocurrency.
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Re: Before you step into crypto

Postby Isaac » 01 Jul 2023, 16:08

Nsikan wrote:For those that had patience with crypto, it seems the time to reap has come. That's why you need to learn patience before you step into cryptocurrency.

It is equally important for anyone who want to engage in crypto related investment to learn a lot about it.
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Re: Before you step into crypto

Postby crestcapital » 01 Jul 2023, 19:56

It is ideal to conduct proper analysis on cryptocurrency related investment before jumping on it.
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Re: Before you step into crypto

Postby oldbuddy » 01 Jul 2023, 20:39

crestcapital wrote:It is ideal to conduct proper analysis on cryptocurrency related investment before jumping on it.
If you forget about HODL and just invest to earn Daily Compound Interest using Crypto you earned online for free, you don't need any analysis to make money. I jumped on it two years ago using nothing but free Crypto and now have 4 million Satoshi left after cashing out $300 USD in the last few months.
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Re: Before you step into crypto

Postby Yohanna » 02 Jul 2023, 12:53

oldbuddy wrote:
crestcapital wrote:It is ideal to conduct proper analysis on cryptocurrency related investment before jumping on it.
If you forget about HODL and just invest to earn Daily Compound Interest using Crypto you earned online for free, you don't need any analysis to make money. I jumped on it two years ago using nothing but free Crypto and now have 4 million Satoshi left after cashing out $300 USD in the last few months.

If you have the capacity and strength to hold the coin for a very long time, you are definitely going to make profit from cryptocurrency investment.
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Re: Before you step into crypto

Postby Bisolami » 02 Jul 2023, 16:44

The best thing is to make research
All your money may be wasted if you do not make proper research
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Re: Before you step into crypto

Postby Mika » 03 Jul 2023, 11:56

As opposed to popularly held belief that crypto is common man's financial tool, only rich people will be actually benefiting from crypto investment.
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Re: Before you step into crypto

Postby Kenti » 08 Jul 2023, 06:44

But the poor that have patience benefit a little too. Sometimes, their investments get doubled.
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Re: Before you step into crypto

Postby Semi » 03 Aug 2023, 07:58

You have to know that the best way to approach crypto is using money that you are very comfortable losing.
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Re: Before you step into crypto

Postby TiMi » 05 Aug 2023, 00:14

One important thing to keep in mind is that you should pick a cryptocurrency based on its performance and longevity in the market. There are many different cryptocurrencies out there, and some of them are more volatile and risky than others. You want to find a cryptocurrency that has a good track record and is likely to offer reasonable returns in the long run. I would also recommend avoiding initial coin offerings (ICOs) if you're a beginner. These are very risky and can be difficult to evaluate.
Another important tip is to do your research.
Good luck
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Re: Before you step into crypto

Postby Recob » 05 Aug 2023, 07:22

Just like what is happening to LTC now, crypto can crash at anytime. It is always better to hold in USDT and swap when it is necessary if you are doing spot trading.
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Re: Before you step into crypto

Postby Tendz » 05 Aug 2023, 08:00

It's a decision that must be made on individual basis. Some people may find a peace of mind using the USDT option when spot trading.
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Re: Before you step into crypto

Postby Abigael » 05 Aug 2023, 13:13

Recob wrote:Just like what is happening to LTC now, crypto can crash at anytime. It is always better to hold in USDT and swap when it is necessary if you are doing spot trading.

I always keep my crypto in USDT too. Then I can convert to any crypto when I want to do trading or any other transaction.
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Re: Before you step into crypto

Postby olaniyi » 05 Aug 2023, 15:09

Before one can step into crypto I think you have to learn about more about so you can Know when to invest and when to withdraw your money so you won't be running on lose
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Re: Before you step into crypto

Postby flow-er » 05 Aug 2023, 16:17

It is mandatory to effectively look into the risk that is involved in cryptocurrency before you make an investment.
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Re: Before you step into crypto

Postby nuella » 10 Aug 2023, 07:40

You have to understand graphs and charts and be able to interpret and relate them to the performance of the crypto your want to invest.
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Re: Before you step into crypto

Postby Ketron » 10 Aug 2023, 08:09

Cryptocurrency is a very risky investment and as such, it require a lot of knowledge for you to make success in it.
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Re: Before you step into crypto

Postby Semi » 10 Aug 2023, 08:21

I still believe that cryptocurrency investment is an investment that someone can calculate the risk and make the most of it.
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Re: Before you step into crypto

Postby oldbuddy » 10 Aug 2023, 15:06

I am still sticking with Bitcoin (Satoshi) and continue to add to my balances every day with Daily Compound Interest.
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