Are you investing in crypto?

[Riberet19]

Many on the forum know about cryptocurrencies, but are you investing in them? Or do you know what you have heard and studied about them but without investing, or on the other hand you receive payments in crypto and nothing else? I both invest in them and I like to receive payments also in cryptocurrencies since it is comfortable, simple and fast.

 

[Nomad]

Yeah, I am investing in crypto. I do not have something that people would call an "impressive" portfolio, however, I have invested on multiple assets. I started using crypto as payment in 2016 and I started investing only in 2020. I have invested in popular coins and tokens as well as meme coins.

 

[chansa]

Many on the forum know about cryptocurrencies, but are you investing in them? Or do you know what you have heard and studied about them but without investing, or on the other hand you receive payments in crypto and nothing else? I both invest in them and I like to receive payments also in cryptocurrencies since it is comfortable, simple and fast.

Sure! Here's the corrected version of your statement:

Yes, I am investing in crypto, although I haven't made an initial investment yet. Instead, I've found a way to invest my time in mining a cryptocurrency called Bitcoin. I've been using a tool called CryptoTab browser. I don't have much knowledge about it, but it seems to be interesting.

 

[Heatman]

Many on the forum know about cryptocurrencies, but are you investing in them? Or do you know what you have heard and studied about them but without investing, or on the other hand you receive payments in crypto and nothing else? I both invest in them and I like to receive payments also in cryptocurrencies since it is comfortable, simple and fast.

I am one of the strong believers in cryptocurrency which is why I've already started investing in the project for over 10 years ago and I am still looking for reliable cryptocurrencies to invest into. This is because I know that there is nothing that is going to kill the existence and legitimacy of cryptocurrency no matter what the government is doing.

 

[Riberet19]

Interesting your comments, some of you have been in cryptocurrencies for a long time, I started in 2019, and I am still in the game, mostly focused on Bitcoin, a little ethereum and some other altcoins, my portfolio is long term, as I guess yours will also be like that, do you trade cryptos too? @Nomad @chansa @Heatman ?

 

[Heatman]

Interesting your comments, some of you have been in cryptocurrencies for a long time, I started in 2019, and I am still in the game, mostly focused on Bitcoin, a little ethereum and some other altcoins, my portfolio is long term, as I guess yours will also be like that, do you trade cryptos too? @Nomad @chansa @Heatman ?

Yes of course, I trade cryptocurrency too. In fact, I'm currently more into trading cryptocurrency than holding it for long. I make use of Binance Futures for trading cryptocurrency. I traded SOL/USDT today and had a good trade.

This is my trade record.

 

[Grant]

I tried my hand at crypto, and I pretty much gave up on it as I lost half my investment and then barely had any profit left. If I ever invest again, it'll be a small amount and I'll keep whatever I have, big or small.

 

[Riberet19]

Yes of course, I trade cryptocurrency too. In fact, I'm currently more into trading cryptocurrency than holding it for long. I make use of Binance Futures for trading cryptocurrency. I traded SOL/USDT today and had a good trade.

This is my trade record.
View attachment 5202

That is a more than acceptable return, I am very happy, it shows that you have been in trading activity for a long time, I have been in it since 2020, and I began to invest in cryptocurrencies and familiarize myself with them as I said before in 2019, so there is still a long way ahead.

I tried my hand at crypto, and I pretty much gave up on it as I lost half my investment and then barely had any profit left. If I ever invest again, it'll be a small amount and I'll keep whatever I have, big or small.

Do not give up, losses in the stock market are normal, the important thing is to learn and start generating returns as you gain confidence and experience, we have all had losses and whoever says they are not lying.

 

[Heatman]

That is a more than acceptable return, I am very happy, it shows that you have been in trading activity for a long time, I have been in it since 2020, and I began to invest in cryptocurrencies and familiarize myself with them as I said before in 2019, so there is still a long way ahead.

It was a very long journey for me learning how to treat successfully on cryptocurrency because when I started about six years ago, it wasn't that easy because I ended up losing and losing all the time. I haven't familiarise myself with the best strategy to analyse the crypto market before I start trading back then.

 

[sofiko]

I learned about crypto in 2020, around June of the same year, I bought my first crypto currency, and a month later I got to my first ico and it was very interesting, I even sold crypto currency at a profit, but then everything started to fall, I tried to buy cheap, but everything continued to fall and I was not interested. I still have certain savings, but I do not actively invest

 

[Heatman]

I learned about crypto in 2020, around June of the same year, I bought my first crypto currency, and a month later I got to my first ico and it was very interesting, I even sold crypto currency at a profit, but then everything started to fall, I tried to buy cheap, but everything continued to fall and I was not interested. I still have certain savings, but I do not actively invest

This is one of the reason why it is very important for you to understand exactly how cryptocurrency works before you start investing heavily. I can understand the fact that you were able to make some profit from selling your already bought crypto but if you had had more knowledge on how the crypto-currency market works, you wouldn't have invested when you did.

 

[Henrywrites]

I am a crypto enthusiast. I have invested on a lot of crypto coins in the past and got good returns in many while a few didn't turn out well.

One lesson to take away from investing on crypto currencies is to always buy a good coin when it is experiencing a short dip. That is one way that I was able to make some gains. Coins such as LTC, BNB, Dogecoin and BCH have great futures in the crypto market.

 

[Riberet19]

I am a crypto enthusiast. I have invested on a lot of crypto coins in the past and got good returns in many while a few didn't turn out well.

One lesson to take away from investing on crypto currencies is to always buy a good coin when it is experiencing a short dip. That is one way that I was able to make some gains. Coins such as LTC, BNB, Dogecoin and BCH have great futures in the crypto market.

This strategy can be awarded to cryptos that are reliable and that have a good track record behind them, that are very serious projects, because there are many cryptos that, after having several pullbacks in the market, never recover again and even go into oblivion, you have to know very well in which cryptocurrencies to invest, we should only see which cryptos were in the top 10 in 2016-2017, most of them today have sunk and are not among in the top 10 or top 20.

 

[Shortie]

I would like to invest in cryptocurrency but I am still as of now learning so much about crypto and which the best ones would be to invest in and how to start.

I have a coinbase account which I have heard is one of the better places to use. Once I know more I may make my first investment.

Are there any tips, on a certain amount I should first invest? If I use coinbase, is that a good place to invest?

 

[Heatman]

I am a crypto enthusiast. I have invested on a lot of crypto coins in the past and got good returns in many while a few didn't turn out well.

One lesson to take away from investing on crypto currencies is to always buy a good coin when it is experiencing a short dip. That is one way that I was able to make some gains. Coins such as LTC, BNB, Dogecoin and BCH have great futures in the crypto market.

The Binance Coin BNB was one which a lot of who saw the coin as a good project invested in when it was below $100 per coin. There was a time when the BNB coin got to $700 per coin before it went back down. The coin still have good potential for anyone who's interested in still investing in it.

 

[Riberet19]

I would like to invest in cryptocurrency but I am still as of now learning so much about crypto and which the best ones would be to invest in and how to start.

I have a coinbase account which I have heard is one of the better places to use. Once I know more I may make my first investment.

Are there any tips, on a certain amount I should first invest? If I use coinbase, is that a good place to invest?

I understand you perfectly, the first step is always the most difficult to take, do you know the DCA or dollar cost average strategy? If you do not know it, I recommend that you investigate it since it is very good for newbies regarding any asset in which you want to get involved.

I also recommend that you investigate the first 10 cryptos of the top 10 which you can find in coinmarketcap, study some, and decide, you should study Bitcoin and Ethereum first, understand how they work and why they were created and then continue investigating and study other interesting cryptos, it seems more complicated than what it is, with a little time it is easy to get used to it.

 

[Henrywrites]

This strategy can be awarded to cryptos that are reliable and that have a good track record behind them, that are very serious projects, because there are many cryptos that, after having several pullbacks in the market, never recover again and even go into oblivion, you have to know very well in which cryptocurrencies to invest, we should only see which cryptos were in the top 10 in 2016-2017, most of them today have sunk and are not among in the top 10 or top 20.

There is a reason I mentioned some of the crypto coins that is worth using this strategy on. These coins have a reactionary measures on how Bitcoin moves in the market. So, investing on them is a smart approach especially when you are willing to give it time to appreciate.

 

[Ja Sa Bong]

There are so many people who are investing in cryptocurrency and I'm among them because I'm a cryptocurrency enthusiast. I've made some progress and profits in some of my investment. I've lost too and I understand it because I know how cryptocurrency works. If I have more money like $1000 or more which I don't have any use for it on a long time, I'm going to invest it in Litecoin.

 

[Skysaint]

Right now, I'm actually taking a break from it as it doesn't seem all that favourable to me; I mean trading in the market right now. There's a time for it and I hope I will detect it when it's near.