I want advice from experts regarding cryptocurrency

mark jarve

mark jarve

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Hi
A quick consultation, I have $1,000 and I want to start trading or buying cryptocurrencies, what do you advise me?
Do you advise me to invest in this field?
I don't have a lot of money if I lose the 1000 then Rafia means that I will be below zero
I know my question is too late, but I want your advice to your little brother
 
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Thank you for sharing. I respect all posts. Thank you
 
If you cant afford a loss from your capital,then you are better off not getting started at all, because loosing some and winning some is part of the trading game and sometimes you cant be 100% sure which you will get first. I recommend you rather to invest in providing services of some sort. That way, your capital is preserved until you make a sale in which of course, profit is embedded.
 
Brickbat1 said:
If you cant afford a loss from your capital,then you are better off not getting started at all, because loosing some and winning some is part of the trading game and sometimes you cant be 100% sure which you will get first. I recommend you rather to invest in providing services of some sort. That way, your capital is preserved until you make a sale in which of course, profit is embedded.
Click to expand...
Any suggestions to invest 1000 dollars!!
 
You can even start trading using 100 dollars, first play and learn with the 100 as you are new to the game. You may lose 100 but you will learn to preserve the remaining 900.
 
NO.
ABOSOLUTELY NO.
Before you do any invesrment you should understand that to invest means to expose our capital to a risk.
It is the base of investing aknoledge this.
You only invest what you are able to lose without impacting your life.
You don't do all in. That is gambling.

Before you could do any investment you shluld be able to have ebough funds to live at least 6 months without working. If you lose your job, if something bad will happen that requires money you have money aside.

Once you have 6 months of saving you start to invest trying to diversify the investment as much as possibile.
Also you should not invest in things you don't understand. There are 72728282 crypto tokens and 98% are trash.
You should invest for long term holding and be able to live without that money.

Please don't do silly things, the basic tips on how to invest are out there, everywhere.
You just need to follow them.
Remember that it takes money to make money and the more you'll lose the harder will be to get back and recover.
 
kimy said:
NO.
ABOSOLUTELY NO.
Before you do any invesrment you should understand that to invest means to expose our capital to a risk.
It is the base of investing aknoledge this.
You only invest what you are able to lose without impacting your life.
You don't do all in. That is gambling.

Before you could do any investment you shluld be able to have ebough funds to live at least 6 months without working. If you lose your job, if something bad will happen that requires money you have money aside.

Once you have 6 months of saving you start to invest trying to diversify the investment as much as possibile.
Also you should not invest in things you don't understand. There are 72728282 crypto tokens and 98% are trash.
You should invest for long term holding and be able to live without that money.

Please don't do silly things, the basic tips on how to invest are out there, everywhere.
You just need to follow them.
Remember that it takes money to make money and the more you'll lose the harder will be to get back and recover.
Click to expand...
Thank you very much. It seems that I should stay away from these things because in fact, if I lose her art, it is a big problem
Thank you very much, but if you have any idea for the development of 1000, I will be very thankful to you
 
well first off, you gotta have a steady cashflow because as a beginner trader you'll lose money. so if you don't, please use that $1k to have that
 
Start with on 30 dollars mate , trading nowadays is huge stack , if you got guts then go for it mate !
 
It's not too late.

Volatility is no joke. Don't trade if you have no experience, invest. The difference is time. Trading is short term. You invest and take profit in a few years.

My personal recommendation is to put money in projects that will be here in a few years. Some examples are Ethereum, Cosmos and Zcash. I don't trust Bitcoin.
 
People come in crypto to just make money somehow, whereas it's a place where you learn first and the money comes along.
 
mark jarve said:
Hi
A quick consultation, I have $1,000 and I want to start trading or buying cryptocurrencies, what do you advise me?
Do you advise me to invest in this field?
I don't have a lot of money if I lose the 1000 then Rafia means that I will be below zero
I know my question is too late, but I want your advice to your little brother
Click to expand...
just buy btc and hodl i. $1k is not that much and im sure you can live without it for a while.
 
Why would you invest when you can't afford it? Go make money first.
 
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