Focus on investing in good coins like BTC. There will be solid returns in this coin and risk is also very less.
- Nov 16, 2011
- 19,792
- 11,285
How much is your budget for this ? How crucial is this money for you ? How much risk you can take ?
- May 27, 2016
- 11,121
- 2,524
Long term trading is the most profitable. I suggest bitcoin and dogecoin.
- Jun 18, 2023
- 211
- 27
Are you interested in trading the Cryptocurrency Futures market?
Making long-term investment on crypto is the best and try to watch the movement sometimes to know when you can stake has your stopper or selling price
Web_Links
Junior Member
- Aug 30, 2024
- 133
- 46
Hey!
For beginners, long-term holding (HODLing) is often safer than short-term trading since it avoids the stress of daily price fluctuations. Focus on well-established cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) to start, as they are less volatile compared to smaller altcoins.
To minimize risks:
- Only invest what you can afford to lose.
- Use reputable exchanges and wallets.
- Diversify your investments to reduce dependency on a single asset.
- Educate yourself about the market and avoid emotional decisions.
Tamarine Diskul
Newbie
- Dec 13, 2024
- 1
- 0
If you plan to enter the cryptocurrency field, I think you first need to have a cryptocurrency exchange and a cryptocurrency cold wallet so that you can get more information about cryptocurrency.
theeyeinside
Senior Member
- Aug 19, 2014
- 959
- 864
You don't understand markets
Traders don't trade "The Market"
Traders trade against OTHER TRADERS
Traders trade against robots that watch order flow (front running)
Traders trade against robots that analyze news and social media and decide trades based on "sentiment"
Eternal Truth - ALL short term movement is NOISE. It CANNOT be analyzed or anticipated
That is why trading companies cheat and front run. That is their edge.
Traders that can't afford that rely on their "rules", discipline and money management and sometimes news.
Amateur traders ALWAYS eventually blow out their accounts because they break their rules,
have no discipline and so they violate their money management trading plan
How many crypto traders have a "trading plan?
Bitcoin is NOT a market
Alt-coins are NOT a market
Bitcoin follows the stock market
Alt-coins follow Bitcoin
When the stock market crashes, which it is going to do soon, then
Bitcoin and all other crypto will crash
If you get out before the rush, ok
Most will not. They are toast.
Be out of this manipulated "market". Save your money and buy big cheap crypto after the crash.
Remember, crypto is backed by nothing so you CANNOT assume that you will always have a
counter party to allow you to cash out
Smart Money - Buy Low - Sell High
Stupid Money - Buy High (FOMO) - Sell Low and cry about it
In crypto, someone is ALWAYS left holding the bag
https://coinmarketcap.com/community/profile/TheDirector/
Sincerely,
The Eye
MoonStarz
Elite Member
- Aug 7, 2021
- 4,149
- 2,236
carefull with scams thing twice and investigate a lot, never buy meme coins following other people be carefull best example the hawk tuah scam coin, there is always a risk but try to minimize it going safe you are starting small amounts with experience you will learn more and more, watch and read a lot to know when buy sell or hold is a lot to learn go for coins that already being a while in the market like eth, btc and is not a coin that only have 2 or 3 days of being created.
seothatranks
Power Member
- Nov 28, 2023
- 675
- 189
Long term holding is better. Your mind will also be very stable with this investing approach.
Both the approach have own benefits. But currently I am into long term investing.
marshmallej
Junior Member
- Apr 15, 2024
- 158
- 29
For beginners, long-term holding in established cryptocurrencies like Bitcoin and Ethereum is safer; short-term trading can be riskier. Diversify investments, avoid all-in bets, and use dollar-cost averaging to minimize risks.
metadaniel
Junior Member
- Jul 19, 2024
- 133
- 41
You need to monitor the market for a while and use the demo trading feature.
zombiewalk
Newbie
- Dec 12, 2024
- 19
- 15
Buy BTC monthly, same $ amount every month. You will be solid in 3+ years
Walter9988
BANNED
- Oct 2, 2024
- 97
- 54
Oone advise I want to share is.
DCA is important.
Dollar cost averaging.
You can never time the market.
Soo keep buying the dips
DCA is important.
Dollar cost averaging.
You can never time the market.
Soo keep buying the dips
Alexum
Junior Member
- Sep 14, 2024
- 116
- 53
I agree with you. These are high-risk investments where people often lose money. It's closer to gambling.
hikasa
Newbie
- Aug 20, 2023
- 15
- 9
The best long term (proven) method is investing in BTC through a steady DCA strategy and not paying attention to the price, technically anyone who’s bought BTC and held atleast 4 years has made a profit.
