Greetings Everyone, As a beginner in this forum, I've be going through a lot of information's to catch up with some ideas on the Forum. My Question is this, Can anyone shed more Light about
1. Crypto Investment
2. Crypto Trading- is it just all about buying tokens and sellings
3. What does it means for a token to be listed on an exchange.
4. What makes one a Perfect Investor
5. How can one determine a futuristic success of a project to invest in. And lastly
6. What are the precautions to be taken in relation to doing all of this.
1. What are you mean of crypto investment? It is altcoin or bitcoin? If you mean altcoin for investment it's more risky because most of altcoin is not stable and ended in deadcoin. If you want a stable altcoin, you can try Ethereum and XRP. But I will suggest you to buy bitcoin, since bitcoin is the largest coin, stable and the very good long term investment.
2. Well if you want to be a trader you must have strong both fundamental & Technical Analyst, understand about the market, knowing the trend, and many more.
When we do talk about minimizing risk then there would be lots on the list.
1. Never be greedy
2. Set a specific goal/profit on a certain trade.
3. Dont chase losses
4. Set stop loss
5. Dont get fomo'ed or shilled out.
6. Dont be emotional.
These are only the basics but actually a hard thing to be done.
3. Token has be listed on an exchange is IEO, if not listed yet its ICO. IEO is more safe than ICO since IEO is tradeable on exchange. Many of ICO just said wait for list in exchange, but most of them never listed in exchange. More information about IEO
https://bitcointalk.org/index.php?topic=5128008.04. There is no perfect investor, but a good investor
5. I think no one know about the success of a project, but at least if you want a good project you should follow this step before invest in altcoin
Hello everybody,
Well just start, everything you need to research and make sure before investing in ico project wheater the ico has :
* working product
* Unique or good idea/solution for existing problem or future problem.
* Strong team behind the project
* Strong planning and marketing ability
* Partnerships with reputed company
* good whitepaper and roadmap too
* experience advisor
* make sure the idea is different with the exist ico or the old project
* check the supply of the token because it cause the price run
6. The management risk and know what you are buying..