Checking the history is key in Crypto currencies investments , it helps a lot because you will take that as a guide , it helped in my TWT Investment which had risen up to 75% in last 24 hours.
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Thank you for this great insight. When the trading level of any crypto currency is low, it shows that not much investors are considering it and this is a warning to potential investors too.First of all, before invest in cryptocurrency we should keep in mind that what is the image of this coin and think about what will be feauture of coin that you want to buy we shoud check its trading level.
Before or selling a cryptocurrency I would check the project of the coin and the team behind it and k would study its chart and price movements, I will want to know if it would be the best time to hold on to the coin or a good to sell it out.Before you buy or sell crypto currencies, what are those factors you consider before finally deciding on whether or not to go ahead. I hope many members share so we can all be enlightened.
Yea, just yesterday I did a small research and realized that ethereum has made over 500% profit in the last one year. Imagine how much interest those who invested must have made. Lack of such understanding is what makes some people focus on Bitcoin only, because it's the most popular.First of all I observes the history of the coin I'm about investing on, the period it appreciates and the period it depreciates, how long it took before it appreciated again, and how long it took before it depreciated.
There are a lot of factors but the most important factor is to study the history of the coin, including its life time performance n general. Also, you need to also check out reviews given by other investors of the coin in the recent past just to know how you can manage that particular investment.Before you buy or sell crypto currencies, what are those factors you consider before finally deciding on whether or not to go ahead. I hope many members share so we can all be enlightened.
That's a nice advise. I have read about how some wealthy people invested huge sums of money in Bitcoin few months back, I knew they saw potentials in it. This is evident in how the price skyrocketed within a short while. They have made a lot of profits.There are a lot of factors but the most important factor is to study the history of the coin, including its life time performance n general. Also, you need to also check out reviews given by other investors of the coin in the recent past just to know how you can manage that particular investment.
Those big business organizations and investors that took the courage and invested in the father cryptocurrency 'bitcoin' just some few months ago are now making about four to five times profit on their investment capital.That's a nice advise. I have read about how some wealthy people invested huge sums of money in Bitcoin few months back, I knew they saw potentials in it. This is evident in how the price skyrocketed within a short while. They have made a lot of profits.
They still won't sell, rather they will continue holding theirs for a very long time. That's one thing I am trying to do, but I always sell whenever there is an urgent need for money, that's the problem. I wish I have enough money that I will just invest and forget it for years, hopefully there would be a significant increase in the profit margin.Those big business organizations and investors that took the courage and invested in the father cryptocurrency 'bitcoin' just some few months ago are now making about four to five times profit on their investment capital.