Quote from: MyShield on March 20, 2018, 05:50:38 AM

Here's a guide on how to do cryptoinvesting.

An excerpt from http://cryptodime.net/how-to-pick-the-best-cryptocurrency-to-invest-a-guidline-to-trading/

If you have decided that you want to jump into this rapidly growing market, then there are some very important things that you need to understand. In this guide, you will learn how to choose the best cryptocurrency investment for you. We will also analyze a few hot currencies, to kickstart your research. Keep in mind that this guide focuses on long-term investing strategies and NOT active trading.
The Best Cryptocurrency to Invest in is
Anyone who tries to tell you that the X cryptocurrency is the absolute best cryptocurrency to invest in, probably has a very large vested interest in it. In reality, there are will mostly likely be several big winners in cryptocurrency. Its like the dot com boom, where companies like Microsoft, Oracle and Google ultimately became blockbuster investments. But you only made money in those investments, if you understood why they were good investments AND you had a reason to keep those investments for the long term. Otherwise there would have been a big temptation to sell them as soon as you made a little bit of profit. If you dont understand what a cryptocurrency does or why its valuable, then dont invest in it. Many of these cryptocurrencies are going to be a passing fad.

There will be a select few cryptocurrencies that will be great investments. Bitcoin has already shown us the potential. But the majority of coins will fade into obscurity. Since nobody knows which ones will be huge winners and which ones will be epic fails, we believe that the best investment strategy is to have a portfolio of currencies. Putting all of your eggs into one basket is a recipe for disaster. You dont have to understand every single technical detail of each currency. However, you should read a lot about a currency that you want to invest in and make a very informed decision. That is the only way to find the best cryptocurrency investments.

it depends on you sir but if you wamt to get a good profit so fast try to invest in top 10 or top20 cryptocurrency and find if the crypto price is too low than before i think that is a good idea to choose because its not all about cryptocurrency its all about how many ymthat you will get.

bololord

Posts

Merits