• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

A more profitable approach when investing in crypto currency

Smiles20

Madly Diligent
5000+ Posts Club
USD
$1.0000USD
Biznotes
1
You should always try to diversify your portfolio in such a way that you are not just going to be having a specific type of coins but instead ones that have different kind of use cases
 

Robust

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
The only more appropriate approach to invest in cryptocurrencies right now is to bend down and study the up and downs of cryptocurrencies because right now cryptocurrencies is dropping.
 

Kelly5

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
My advice when you're in the crypto space is that nothing about that space is certain. So your strategy might appear to be working for you at that time, but be prepared to embrace any unexpected sharp deviation from the normal positives you get on that strategy. It helps keep your mind strong and mature.
 

Shigobad2020

Ledgendary Member
5000+ Posts Club
USD
$2.0000USD
Biznotes
0
The only more appropriate approach to invest in cryptocurrencies right now is to bend down and study the up and downs of cryptocurrencies because right now cryptocurrencies is dropping.
Studying the use of crypto currency in and out is very important when you are working on any crypto coin , you need to also study the volatility of the market so as not to have issue when investing.
 

Sincerem

Valued Contributor
Valued Contributor
50,000 Post Club
USD
$0.0000USD
Biznotes
0
To be on the safer side , it is better to invest in potential cryptocurrency and not just invest because the coin is trending. This would help you avoid countless loss. Be sure to carry out your own personal research.
 

Chibson

Ledgendary Member
5000+ Posts Club
USD
$2.0000USD
Biznotes
1
To be on the safer side , it is better to invest in potential cryptocurrency and not just invest because the coin is trending. This would help you avoid countless loss. Be sure to carry out your own personal research.
The kind of cryptocurrencies I invest on currently are potential coins mostly metaverse. Currently I no longer invest because of the bear market and there is a possibility that it will last for a long time. So it is better I save now and start deploying maybe at the end of this year or next year.
 

jordans

Up-and-Coming Sensation
100 Posts Club
USD
$0.0000USD
Biznotes
0
The cryptocurrency market is highly volatile therefore; you need a profitable cryptocurrency investment strategy to help you make money. this strategy refers to how your funds are saved or locked in a crypto-coin. Also, that new crypto-currencies are obtained in the form of profit. Should you want to hold the coins for a set period, you also benefit from price inflation.
 

Sincerem

Valued Contributor
Valued Contributor
50,000 Post Club
USD
$0.0000USD
Biznotes
0
The kind of cryptocurrencies I invest on currently are potential coins mostly metaverse. Currently I no longer invest because of the bear market and there is a possibility that it will last for a long time. So it is better I save now and start deploying maybe at the end of this year or next year.
Any of my cryptocurrency investment are mainly for long-term purposes. A lot of people are investing for a period of 3 months or less, I still consider is this as a waste of time because there are still a lot of profit potential you could have made as a long term investors
 

Chibson

Ledgendary Member
5000+ Posts Club
USD
$2.0000USD
Biznotes
1
Any of my cryptocurrency investment are mainly for long-term purposes. A lot of people are investing for a period of 3 months or less, I still consider is this as a waste of time because there are still a lot of profit potential you could have made as a long term investors
Even though I would not blame people who invest in cryptocurrencies for short-term because everybody have their own strategies but personally I prefer long-term investment. I have seen people who invested in cryptocurrency like Shiba Inu and left it for some months or even years and they were able to make huge amount of profit. Someone even stated that he has made generational wealth from Shiba Inu.
 

Sotherefore

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
To be able to deal effectively and without any problem in cryptocurrency , it is always advisable for used to have a good knowledge about what we are doing. Investing in knowledge will not be a bad idea for crypto dealers
 

Sincerem

Valued Contributor
Valued Contributor
50,000 Post Club
USD
$0.0000USD
Biznotes
0
Even though I would not blame people who invest in cryptocurrencies for short-term because everybody have their own strategies but personally I prefer long-term investment. I have seen people who invested in cryptocurrency like Shiba Inu and left it for some months or even years and they were able to make huge amount of profit. Someone even stated that he has made generational wealth from Shiba Inu.
Shiba Inu is a shitcoin. Not because other people are investing should make you do the same. This is likely to favour those people that bought the cryptocurrency during its early stage , I think that was around 2020.
 

Chibson

Ledgendary Member
5000+ Posts Club
USD
$2.0000USD
Biznotes
1
Shiba Inu is a shitcoin. Not because other people are investing should make you do the same. This is likely to favour those people that bought the cryptocurrency during its early stage , I think that was around 2020.
Exactly, I have learnt a lot of lessons when it comes to meme coins. If you are in a big profit you must try as much as possible to take your profit and move to the next one. Shiba Inu has had its run and I don't think it will do more than 5x again.
 

Sincerem

Valued Contributor
Valued Contributor
50,000 Post Club
USD
$0.0000USD
Biznotes
0
Exactly, I have learnt a lot of lessons when it comes to meme coins. If you are in a big profit you must try as much as possible to take your profit and move to the next one. Shiba Inu has had its run and I don't think it will do more than 5x again.
One of the reasons I dislike meme token is because they may never reach a reasonable price because of its huge total supply. It is so unfortunate that a lot of people are investing in Shiba Inu for long-term purposes.
 

Chibson

Ledgendary Member
5000+ Posts Club
USD
$2.0000USD
Biznotes
1
One of the reasons I dislike meme token is because they may never reach a reasonable price because of its huge total supply. It is so unfortunate that a lot of people are investing in Shiba Inu for long-term purposes.
One of the things about meme tokens is that if you are lucky to invest in a very good one you will probably make thousands of Dollars. Some people even make millions of Dollars but most of the time they usually do not achieve their aim. Some of the ones I have invested on are almost equal to zero now.
 

Lens

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
The best approach to cryptocurrency investment, is the risk management skills . crytpocurreny is highly risky investments and if you are skilled in this area you'll be able to make huge profit for yourself.
 

Sincerem

Valued Contributor
Valued Contributor
50,000 Post Club
USD
$0.0000USD
Biznotes
0
One of the things about meme tokens is that if you are lucky to invest in a very good one you will probably make thousands of Dollars. Some people even make millions of Dollars but most of the time they usually do not achieve their aim. Some of the ones I have invested on are almost equal to zero now.
There was a time I was investing in feg token, this has been a long time ago . The whole thing was quite profitable and I was making a lot of money just that I didn't withdraw it on time. I lost all the money I make.
 

joy101

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
My own working strategy is to make sure I invest in Bitcoin only or BNB as their price rate is always reliable and you are sure of not losing so much even in a bear market.
Investing in Bitcoin is very good because when you invest into Bitcoin you can make profit from the investment, I know sometimes people can lose that is market for you, so you have take the risk if actually you want to make money.
 

Chibson

Ledgendary Member
5000+ Posts Club
USD
$2.0000USD
Biznotes
1
There was a time I was investing in feg token, this has been a long time ago . The whole thing was quite profitable and I was making a lot of money just that I didn't withdraw it on time. I lost all the money I make.
Whenever you are investing in any cryptocurrency it is very important you always take profit. It is very important you take out your capital and leave the rest if you are having double mind. I also made this kind of mistake last year but I have learnt my lessons.
 

Sincerem

Valued Contributor
Valued Contributor
50,000 Post Club
USD
$0.0000USD
Biznotes
0
Whenever you are investing in any cryptocurrency it is very important you always take profit. It is very important you take out your capital and leave the rest if you are having double mind. I also made this kind of mistake last year but I have learnt my lessons.
That is one of the things I should start doing from now on, I don't know but I can easily be carried away by the fact that the market is becoming bullish. I fail to understand that this won't last forever and there will be a retracement.
 

Chibson

Ledgendary Member
5000+ Posts Club
USD
$2.0000USD
Biznotes
1
That is one of the things I should start doing from now on, I don't know but I can easily be carried away by the fact that the market is becoming bullish. I fail to understand that this won't last forever and there will be a retracement.
The market will not be bullish forever and that is why people are making profit on cryptocurrency. There are times you need to invest and there are times you need to take your profit. what matters in this scenario is if your greed will permit you to take profit.
 
Back
Top