Post
Topic
Board Altcoin Discussion
Re: What questions should I ask myself before investing in a cryptocurrency?
by
coynedterm
on 06/09/2017, 19:59:55 UTC
How can you tell that you are ready to become an investor in general and a cryptocurrency investor in particular?
Would be great to hear the opinion of experienced investors.
The best thing to start trading is when you are sure that you are going to make money with high risk investment .
Here when i was newbie in the trading then i was scared that whether it is profitable or not and how much time it will take.
And the results is here what i can tell you .
My main question of risk in trading is the truth , if you invested in a coin then you should make yourself sure that chances of getting profit and loss are same because Any coin can be go to down fully and also can get up easily .
And Second thing that was totally doubtful for me was the time that will take for the for the trading is not sure but it is the truth that a single coin will fluctuate to high once in the 3-4 months , so if you invested in coin then you should wait until 5-6 months atleast to get profit and don't get fear tgat you lost your money , don't sell your coin until you made profit Cool .
Hope these experience of my life in this field work for you to get success in bitcoin field .