Investment In Crypto-currencies.
Page 1 of 2 12 LastLast
Results 1 to 10 of 12

Thread: Investment In Crypto-currencies.

  1. #1
    Rookie Sixteen's Avatar
    Join Date
    Sep 2015
    Posts
    8,025
    Promo (¢)
    4,500
    Thumbs Up
    Received: 112
    Given: 63

    Investment In Crypto-currencies.



    INTRODUCTION

    We have seen cryptocurrencies attracting lots of interest in this modern era.
    It’s been an electronic money which was created with technology that indeed helps in creating and processing transaction without reveling it’s users.
    A cryptography is a technology which secures, hides identities and do much more. Cryptocurrencies are digital currencies which is designed to help process transactions In a secured, cheaper and reliable means.
    In the cryptocurrency world a wallet is needed to store currencies too. We have wallets such as block-chain, mercury, coinbase and lots more.
    For miners, they are those who process, record and verify information on the digital record for a token.


    WHAT I LEARNED ABOUT INVESTING IN CRYPTO-CURRENCIES

    Cryptocurrencies have really come as a huge benefits to investors and personally for me, I really fancy this type of currency because the government have no control about how its currencies could be spent and so much more. Many people now prefer these type of currencies because to them they can process lots of transaction without been identified and it gives them a source of privacy and a secured currencies for them. It was because of this attributes that made lots of people attracted to these currencies and gave them huge confidence for security.

    Also, this causes rise in value for various cryptocurrencies as more people troop in to buy and store currencies which in no time grows in a profitable way. I learnt that this are secured currencies and I bought some bitcions too to see them rise in value which is interesting. I might not have made huge money, but it’s a clear fact that many were turned millionaires purchasing cryptocurrencies when they were at lesser value before it rose to it’s current state. There are such of this cryptocurrencies coming up at lesser value everyday which in turn can grow in no time if it’s been purchase. RIPPLES, ETHEREUM, BITCION, DASH were some of those cryptocurrencies that made it high in value.
    However, cryptocurrencies have shown in recent decline, but the goal should be to buy at lower price and be patient enough for it rise.


    A FEW QUICK TIPS TO HELP YOU FIND THE BEST CRYPTOCURRENCIES TO INVEST


    The truth is that there are lots of winners in cryptocurrency, but you will make profits from cryptocurrencies when you understand why they have huge potentials which in turn makes you to store them in the longer term. But when you don’t understand a cryptocurrency, you could look to sell them faster in little profits which might cut down your profit had it been you were patient for the long term.

    Tip 1: There are lots of cryptocurrencies and upcoming ones, if you don’t understand why it will be valuable in the future, then don’t invest in it.

    Tip2: Few cryptocurrencies will be a great investment e.g BITCION, but majority of other coins could dash out.

    Tip3: No one will know which cryptocurrency will be high in value in the future, so its wise not to put all your eggs in one basket.

    Tip4: Ensure you research about the currency you are planning to invest in and see if it really has a good potential.

    Tip5: Go through their website check if they look professional, check if there are any potential security risk, check if their inventors are experienced and lots more.



    LIST OF PROMISING CRYPTOCURRENCIES YOU CAN INVEST IN THIS 2018

    BITCION: No doubt bitcion remains the father of all Cryptocurrencies and we all have witness it’s rise, however we have seen some decline lately, but investors can buy bitcoin as it has potentials to rise further at the peak of the year.

    NAVCION: Navcion is a decentralized Cryptocurrencies based off bitcion. It’s faster, have a lower fee and fully anonymous transactions. Navcion have over 50,000 members and have rolled up some good projects like mobile wallet( NAVPAY) and increased security.

    SAICION:($SC)

    Saicion is a decentralized cloud storage platform which was idle hard drive across the world to rent out spare hard drive space. Saicion is aiming to capture 10% of the $200 billion dollars cloud storage market and also working to dominate it. Its really competing with the likes of Amazon, Dropbox and Apple.


    DRAGON CHAIN ( $DRGN):

    This coin originated from DISNEY SEATTLE office in 2016, it was abandoned at some point but then picked up by non-profit dragon foundation and looking to integrate business application into block chain.

    Other coins to watch out for this 2018 are: NANO, KUCOIN SHARES, KOMODO, DEEP BRAIN CHAIN.


    CONCLUSION

    I have made some tangible research about Cryptocurrencies and how likely it’s a nice investment opportunity. We must be careful too to avoid investing in wrong coins that will fade off in no time. As an investor in Cryptocurrencies you must learn to make good research and see you will find value in any coin you wish to invest into.
    I’m open to any question in this thread, and I hope you learnt something.

    Not allowed!
    Last edited by Sixteen; 04-15-2018 at 02:20 AM.

  2. #2
    Rookie Azis Muslim's Avatar
    Join Date
    Sep 2013
    Posts
    4,389
    Promo (¢)
    1,100
    Thumbs Up
    Received: 258
    Given: 165
    Quote Originally Posted by Sixteen View Post
    Tip 1: There are lots of cryptocurrencies and upcoming ones, if you don’t understand why it will be valuable in the future, then don’t invest in it.

    Tip2: Few cryptocurrencies will be a great investment e.g BITCION, but majority of other coins could dash out.
    According to these 2 points, I find myself some difficulties in understanding many cryptocurrencies nowadays in the market. I heard about Litecoin, Ethreum or whatever the name is, are mostly new to me and equally confusing. In big word and general meaning, I simply take cryptocurrency as only Bitcoin and never known another currencies and got no update about them.

    Good tips from you Sixteen. I also aware that since I got few knowledge about this kind of business and know less about the currencies so it is best for me not to participate to it directly. That makes me decide not to take a part of any crypto-investment or crypto-trading because I never understand what is really affecting those currencies in market. Is it affected by USD or with another currencies as well? By the way you got a nice explanation in your thread, keep a good work.

    Not allowed!

  3. #3
    Rookie Sixteen's Avatar
    Join Date
    Sep 2015
    Posts
    8,025
    Promo (¢)
    4,500
    Thumbs Up
    Received: 112
    Given: 63
    Quote Originally Posted by Azis Muslim View Post
    According to these 2 points, I find myself some difficulties in understanding many cryptocurrencies nowadays in the market. I heard about Litecoin, Ethreum or whatever the name is, are mostly new to me and equally confusing. In big word and general meaning, I simply take cryptocurrency as only Bitcoin and never known another currencies and got no update about them.

    Good tips from you Sixteen. I also aware that since I got few knowledge about this kind of business and know less about the currencies so it is best for me not to participate to it directly. That makes me decide not to take a part of any crypto-investment or crypto-trading because I never understand what is really affecting those currencies in market. Is it affected by USD or with another currencies as well? By the way you got a nice explanation in your thread, keep a good work.
    Thanks for dropping by Azis, it's good that even when you don't really understand much about cryptocurrencies, there is zeal in you to know how it works. Nevertheless all these cryprocurrencies you mentioned are like Bitcoin too. In fact they are competing with Bitcoin too. For example there is various types of banks in your country but I believe there is a bank that stand out from the rest while the rest banks are just competing to have a huge share too in the market.

    This is how cryptocurrencies works. Bitcoin is known to be the father of cryptocurreinces that's why it's more popular and familiar than others but other cryprocurrencies can be promising too infact much more than Bitcoin if you can know the best one to invest into. Apart from Bitcoin all other cryprocurencies are known as altcoin which to me I understand as alternatives.

    For your question about what is affecting this Cryptocurrencies, actually it's not about the Usd thing but speculators, governments and individual like you and me. We have seen china ban this Cryprocurrencies, south Korea too wants to follow suite and this in one way or the other affect this currencies. However it is believed cryprocurrencies will take over the world as the best payment gateway because of its security and potential rise in value. Thanks once again.

    Not allowed!

  4. #4
    Registered user
    Join Date
    Apr 2018
    Posts
    105
    Promo (¢)
    2,015
    Thumbs Up
    Received: 1
    Given: 0
    like it was say by one MR Emma i quote him the crypto business world is a platform where the impatient give out wealth to the patient, after much observation i concluded that it is indeed truth because the impatient business man will easily sell his or her coin without analyzing the future of the business.
    cypto business is very important for any 21 century business man or woman reason because it have no barrier talking about currency barrier. it is easy to learn and practice.

    Not allowed!

  5. #5
    Registered user
    Join Date
    Apr 2018
    Posts
    105
    Promo (¢)
    2,015
    Thumbs Up
    Received: 1
    Given: 0
    As it is said of old that the best way to make good success like the eagles is to just follow the follow of time, trend and zeal. The truth is that crypto currency hold almost every of this aspect of success that was listed above, crypto business is the new highly pay investment that have many money making angle eg when you hold the coin for a long period of time it have the high possibility of increasing his value in dollars or any other currency value, if invested it brings more income for the investors in the name of dividend, if it bring trade with it come back as profit and when it is save it increase in value.

    Not allowed!

  6. #6
    Registered user
    Join Date
    May 2018
    Location
    Pakistan
    Posts
    993
    Promo (¢)
    1,325
    Thumbs Up
    Received: 16
    Given: 8
    invest in cryptocurrencies is so risky and also most profitable. I check many coins history that big market cap coins gain more 100x and also more. I check the dash coin history and I become emotional if I invest only 10$ in 2014 and today I have a lot of money in my hand. dash gains more that 1500x its mean if you invest only 1$ in it that would be 1500$ at the start of 2018

    Not allowed!

  7. #7
    Registered user
    Join Date
    Aug 2013
    Posts
    8,987
    Promo (¢)
    -240
    Thumbs Up
    Received: 48
    Given: 42
    i think that investment in cryptocurrencies should not be big because it is still risky and still do not know if these currencies will continue or it will disappear, there many countries still refuse this type of currencies and prevent trading with it and so the future of the crypto is not clear and we do not know what will happen for it in the future.

    Not allowed!

  8. #8
    Rookie tfs2012's Avatar
    Join Date
    Apr 2017
    Posts
    880
    Promo (¢)
    1,270
    Thumbs Up
    Received: 109
    Given: 170
    Quote Originally Posted by sameeh View Post
    i think that investment in cryptocurrencies should not be big because it is still risky and still do not know if these currencies will continue or it will disappear, there many countries still refuse this type of currencies and prevent trading with it and so the future of the crypto is not clear and we do not know what will happen for it in the future.
    If you invest in new digital currencies whose prices are very small compared to other currencies, I do not think that your investment in it will be big in any way
    but you should distribute your investment on more than one currency because there are so many currencies that will fail and disappear

    Not allowed!
    “ Once more into the Fray...Into the last good fight I'll ever know.
    Live and Die on this day...Live and die on this day...”

  9. #9
    Registered user
    Join Date
    May 2018
    Posts
    4
    Promo (¢)
    515
    Thumbs Up
    Received: 0
    Given: 3
    I found this interesting article about the alternative ways of investing in bitcoin. I have seen that I have the opportunity to try some of these at roboforex, for example, the CFD. I hope this article will be helpful for you too.

    Not allowed!

  10. #10
    Rookie Sixteen's Avatar
    Join Date
    Sep 2015
    Posts
    8,025
    Promo (¢)
    4,500
    Thumbs Up
    Received: 112
    Given: 63
    Quote Originally Posted by letsdo View Post
    invest in cryptocurrencies is so risky and also most profitable. I check many coins history that big market cap coins gain more 100x and also more. I check the dash coin history and I become emotional if I invest only 10$ in 2014 and today I have a lot of money in my hand. dash gains more that 1500x its mean if you invest only 1$ in it that would be 1500$ at the start of 2018
    Of course when you check list of these coins histories then you would want to believe that there is a huge future with cryptocurrencies. We all know how Bitcoin started from low to apex and how it have made lots of investors millionaires. Just imagine buying 10$ Bitcoin as at 2012, by now you must have become a good millionaire already. No matter how we see it its still good to believe in these coins as I still see them as the future currencies for the digital world

    Not allowed!

Page 1 of 2 12 LastLast

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •