The Most Active and Friendliest
Affiliate Marketing Community Online!

“FunnelFlux  Zeydoo

Is it worth investing in CryptoCurrency?

Is investing in CryptoCurrency a good idea?


  • Total voters
    46
  • This poll will close: .

johhan

Affiliate
affiliate
Investing in cryptocurrencies at this time is worthy because the bitcoin price is low yet, but when its prices going higher then you can sell that coin at higher prices. So, it would be profitable from my point of view.:)
 
Leadbit

Xerof

Affiliate
affiliate
Before 6 months I was prepared to invest, I started how to invest and where, but now I am glad because I didn't. If price will continue to go down maybe at one point I decide to invest.
 
Certified

VPSnet

New Member
Certified Vendor
Service Manager
affiliate
✪[VPSnet.com] - Fast Reliable SSD VPS in EU| From $2.25/month✪
Well with cryptocurrency being so young, and the market being historically volatile, there is no yes or no answer about the wisdom of investing in cryptocurrency.
If government favors cryptocurrency over the next year, it will help add more pros to current situation.
The unknowns and high price and volatile market make it risky, but i think there are plenty of reasons to be excited despite all that especially long-term.
 

Graybeard

Well-Known Member
affiliate
You know how to end up with one million in bitcoin or any crypto? *invest* $3 million LOL
Crypto is not investing it is speculation in personal property. Something you can buy and sell assuming there is liquidity <<< that is not guaranteed by any laws or rules.

I am looking at Stellar XLM for asset transfer of small amounts -- I came to the conclusion you need to cash out every day or two to avoid value changes of more the 1%.
 

chongjasmine

Affiliate
affiliate
I earn some money through bitcoin mining.
But I had also been scammed by bitcoin mining sites!
Bitcoin is a risk, I think.
It is new, so we do not know if it is here to stay.
 

Bryan McMullan

Affiliate
affiliate
I used to be an active member of this forum. Back in the day when we had the Dojo, there was awesome value here.

Now? Not so much. (Just my opinion)

I invested heavily in crypto 2 years ago and I became financially independent. I literally never have to work another day in my life.

Apart from this forum not providing the value it used to do. (Or maybe it's just me) crypto is the main reason I'm not that active anymore. Online trading has been very useful and has gained me huge profits.

Some tips:
  • Only invest what you're willing to lose
  • Learn how-to read charts
  • Always set stop losses
  • Buy low sell high (seems obvious but I still see a lot of people buying ATH)
  • If you trade short-term take profits regularly
  • If you're long term use a hardware wallet
  • Never follow pump & dumps
  • Do your own research
I'm still running affiliate campaigns, but I made fuck you money on crypto.

Thank you for the tips, Martini. The thing is though you are making a profit but it really isn't safe. The market for cryptocurrency has had a downfall so bad that companies have vanished by investing in it. It really isn't something developing countries should be doing. I guess you have a fair knowledge of what the whole deal around crypto is but not everyone does. But they keep doing it so that they can earn some profit in the future. It doesn't have any government and it doesn't seem to be such a big thing to me as the rest of the people. There are cyber security issues which have affected people. The market is highly volatile with no proper inherent value.
 

PurePay

Affiliate
affiliate
Thank you for the tips, Martini. The thing is though you are making a profit but it really isn't safe. The market for cryptocurrency has had a downfall so bad that companies have vanished by investing in it. It really isn't something developing countries should be doing. I guess you have a fair knowledge of what the whole deal around crypto is but not everyone does. But they keep doing it so that they can earn some profit in the future. It doesn't have any government and it doesn't seem to be such a big thing to me as the rest of the people. There are cyber security issues which have affected people. The market is highly volatile with no proper inherent value.
Crypto currencies has A LOT of work ahead of them to make it stable and more attractive for investors again.

But i believe in it, just not with my money right now haha ;)
 

thelegend

Affiliate
affiliate
Dont listen to any people when you want to do something ,even if people want to help you every mindset its diferent .Some of them try a lot and they cannot succed because of mindset. others they succed very fast as they are programed for succes .Try for yourself and see what it happens
 

Matew

Affiliate
affiliate
Since Bitcoin launched and performed really well, there are lots of individuals/companies launching CryptoCurrency.

A search on the internet shows a large number of these new CryptoCurrency companies.

Should one avoid these new companies? Is BitCoin the only one to trust?

Thoughts?

I am not sure Bitcoin is the only one to trust because I do not believe it is safe at all. However I can predict that in future we cansee all kinds of value being stored on blockchains, not only incremental tokens (btc, eth) but also tokens representing a real physical value such as diamonds, gold, real estate etc. Still I prefer to be on the safe side and trade with some proved brokers on the proved market if you know what I mean.
 
Last edited by a moderator:

Bloody Tourist

Affiliate
affiliate
AffKit Ninja
Thank you for the tips, Martini. The thing is though you are making a profit but it really isn't safe. The market for cryptocurrency has had a downfall so bad that companies have vanished by investing in it. It really isn't something developing countries should be doing. I guess you have a fair knowledge of what the whole deal around crypto is but not everyone does. But they keep doing it so that they can earn some profit in the future. It doesn't have any government and it doesn't seem to be such a big thing to me as the rest of the people. There are cyber security issues which have affected people. The market is highly volatile with no proper inherent value.
Hi Bryan, thanks for your concerns. Yes crypto is very volatile and volatility creates opportunities. Risk management is everything in trading. It's the key to success in any market. Learn how to protect your capital first. Then worry about making profit.
 
MI
Top