Post
Topic
Board Bitcoin Discussion
Re: Advice to invest about crypto currency
by
pooya87
on 16/06/2019, 03:02:24 UTC
One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency.

in my experience all of these are small matters. the most important thing when you enter this market is to not pay attention to any hype or FUD because they will mislead you into buying something you don't want and selling something when you should have bought respectively.

and also if you are a beginner stay away from all the altcoins and only stick to bitcoin. otherwise you will lose a big percentage of your money and leave the whole market broken.
Why to stay away from all the altcoins, for example, ETH is a good opportunity too

no it is not.
ethereum is centralized, is not immutable, not secure and has a lot of issues. so far the only rise it had was due to pumps by them and the massive number of ICO scams that forced people to buy ether. and that is the only use case of it! as ICOs die, so does ethereum's price.
apart from that, if you ignore all of what i said, the unlimited supply and the currently huge circulating supply of it is enough reason for its long term price decline.