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Any thoughts in investing in cryptocurrency?


23 Answers

hello, Christian and thank you for your question, cryptocurrency is really a big investment opportunity, personally, I have bought bitcoin when it was just 2500$ in 2017, for BTC, time is late to invest in it, but you still have a chance to invest on other cryptocurrencies, for me I have bought 10.000 coins of xrp for 2500$ and I plan to hold them for a long time and sell them when the price reach 1$ for one coin, I think that these can be a good investment opportunity for you too, so don't hesitate to try it! have a good chance bro.

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Good morning christian, in my opinion investing in crypto currency might be a good idea of investment in this time and age as we all know most of the so called virtual coins are on the rise, it might be late to invest in Bitcoin but there several other options for investment as well as mining for example the "zec cash " was only worth a couple of dollars a few months ago now each coin is worth around 100 USD not to mention that several countries with unstable economies are investing more time and effort in creating a stable source of income from this coin, such as Venezuela, China, Argentina and many others, truth is investing in a crypto currency is a good idea my only recommendation is for you to watch a few online classes and tutorials about "trading" which is the term used for buying and selling different virtual coins and generate incomes at the time. 

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Hello Christian!

Cryptocurrencies are becoming more and more famous nowadays. Obviously, Bitcoin is probably the reason everyone became interested in cryptocurrencies. Bitcoin has reached a maximum value of over 37k $. Nonetheless, Bitcoin isn't the only cryptocurrency. There are many others available. I definitely suggest you to invest in cryptocurrency. It is a great way to make money. 

However, you must be careful with the cryptocurrency you chose. My best suggestion for you is to learn as much as you can about cryptocurrencies and then proceed to invest in them. 

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Hi Christian

I think that investing in cryptocurrency now is once in a lifetime opportunity as I think that we are going to experience the biggest bull market ever with % gains never seen before in a such short period of time. Consider this - fundamentals are stronger than ever, activity on exchanges like Coinbase, Primexbt, Kraken, Binance etc.. is higher than ever, institutions are looking heavily at bitcoin, eth and more, fiat currencies are being printed at a never seen before rate etc…

Of course, you must choose your crypto assets carefully as not all of them are going to prosper.

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For many, cryptocurrencies have been an inexpensive alternative in recent years, but since the end of last year they have risen a lot, especially Bitcoin. This has attracted a lot of attention and many more people have invested in cryptocurrencies.

You have to know something very important about investing in cryptocurrencies, first of all you have to do research on the subject. You have to know what you are doing, where you are going to invest your money, you have to ask yourself questions like these: What is a cryptocurrency? What is the first cryptocurrency? How do cryptocurrencies work? This will help you to know a lot about the subject and in the end you will be able to choose the right cryptocurrency to invest.

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Dani88
 
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I think this is the best investment you can make for the long run. I keep hodling to good coins and tokens. Sometimes I take small profits and I've also done some day trading. Just fill your digital wallets and diversify your portfolio. When mainstream adoption goes worldwide you will be very glad with your investment decisions.  

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Ed
 
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Greetings! 

I do think cryptocurrency is a very innovative idea for convenience as it supports virtual money enabling people to access platforms worldwide with ease. Cryptocurrency has played a big role in society particularly offering services for example, to those people that are incapable of going to banks nowadays due to this drastic impact of the pandemic. I, personally, had seen the benefits of how this solution influenced the media right now as it had boomed drastically. Overall, I can see that cryptocurrency will have long-term benefits in our society as we go on through the upcoming years of our lives, that's why for me, I would invest in it as soon as I can. 

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Before you buy a cryptocurrency, you need to know that it doesn't have the same protections as when you use U.S. dollars. You also need to know that scammers are asking people to pay you with a cryptocurrency because they know that those payments are usually irreversible. 

The value of a cryptocurrency can change every hour. An investment that today can be worth thousands of dollars tomorrow could be worth only hundreds of dollars. If the value drops, there is no guarantee that it will rise again. 

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Vishnu
 
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Investing is the good way of planing for your future, and investing in Crytpocurrency is indeed best platform for you. But, First make sure you have some basic knowledge about how cryptocurrency works. With ever increasing race for buy and sell, you need to be patience before investing or trading.

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Cryptocurrencies are volatile. The value of cryptocurrencies goes through extreme ups and downs. So in the past, the value of Bitcoin swung between $900 and $20,000 if I'm not mistaken. It's like someone sneezes and the price drops! Investing in cryptocurrency is risky, to say the least. Of course, all investing carries a degree of risk. But you should always avoid unnecessary risks, especially when it comes to your hard-earned money. Don’t play poker with your financial future. I am into digital marketing so I have experiences about this matter.

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Alvin
 
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Personally I think that cryptocurrency definately is a type of investment that is profitable. Although there are high risks involved as the proces fluctuate a lot but high risk equals to high returns. I recommend going for Bitcoin as Bitcoin usually has a steady growth but sometimes is drops a lot, so just keep an eye out for Bitcoin and know when to sell it.😁

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Sarah74
 
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 Investing in cryptocurrency has advantages and also
disadvantages. According to efginternational(2021), the price of one bitcoin in
US dollars quadrupled last year, gaining over 160% in Q4 alone. Its primary
advantage is high potential returns. But it has high volatility and large
potential losses. Investing in cryptocurrency is risky. Invest the amount of
money that you can afford to lose.  

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Investing in Cryptocurrency could be having a very high profit in return but also has a very high risk to loss. I myself invested a lot in Cryptocurrencies specially BTC, ETH and ADA. Though, you should not just invest to it without knowing a little background about it. Before you invest, always keep in mind that you can also lose a lot. Digitcal coins are on the rise during these times, as our technology gets more advanced in time, it will definitely be a hit years from now. Watch out for big dips, it is a very good time to buy but also be wise enough to know where to pull out (to use it on buying stocks during deeper dips). 😁

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The cryto market is extremely volatile. It could yield so much earnings or losses in a very short period of time. I have been trading cryptocurrencies for more than a year now and I must say that my research has been paying off. Yes, I've incurred losses, but because of creating an effective risk management -- I am able to profit more from it. Apart from the gains and the losses -- you also need to think about your risk appetite. This is where mental fortitude comes in. More than the fundamentals and the technicals, you need to assess whether or not it is something that you can actually take. After all, any market - whether crypto or not, is a reflection of human psychology. 

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Hello there! Although there is no such thing as easy money, we can't deny that a lot of people nowadays are into cryptocurrency. It's not bad to invest on something that will benefit your future but always take into consideration that the crypto market is extremely volatile. We can't know when will the prices go up and down. Futhermore, always take in mind to invest what you can afford to lose. Taking risk is part of investing anyway. If we win, we will be happy but if we lose, we'll get wiser.

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Right now Cryptocurrencies are doing very well in the market. Specially Ethereum and Cardano.

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Most of us got into cryptocurrency by hearing a friend of a prominent figure praising its potential. In time, the world started to take notice, and crypto got bigger, involving more and more people.

Today, there are many industry-experts and popular individuals that are known for their cryptocurrency quotes. Some of these were the cause of a large price-spike. Others caused us to think. So if you keep a close watch on the market and pridict it well, cryptocurrency can prove very profitable for you.👍🏿

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Xtri19
 
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Good evening CHRISTIAN, you asked about CRYPTOCURRENCY which is trending after the SUCCESS of like BITCOIN and ETHEREUM etc. Everyone wants to know about this topic.... According to my whole experience THIS is the best LONG TERM INVESTMENT for the future... But if your LUCK is like DOGECOIN investers and there will be a ELON MUSK'S tweet then you will DEFINITELY FULLFILL your POCKETS with HARD CASH.. So definitely invest on CRYPTOCURRENCY which will going to EXPLODE in the future...👍❤️

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Poojith
 
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Ofcourse you can invest in cryptocurrency. My suggestion is to go for investing in doge coin. Beacuse of Elon Must. Do you knoe after elonmusk mentioning the doge coin it's cost is 300 times. And bitcoin is dropped. Elon tweeted about doge coin, gave hint that he accepts doge coin to buy tesla. . Because of all the factors doge coin may rise.

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AshR
 
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Cryptocurrency is the future. Fast Forward 30 to 50 years from now crypto market will be huge and anybody who wants a piece of that should definitley go for investment in Cryptocurrency. Nevertheless, with the risk invovle, taking prudent strategy in the amount of investment is imperative as per one's financial capability. There are many cryptos to choose for so make some serious study before jumping intoanyone.  

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Rimueru
 
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Cryptocurrency is a good investment if you want to gain direct exposure to the demand for digital currency and the projects or businesses they facilitate. It is possible to get rich by investing in cryptocurrency. But you could also lose all your money. Due to their nature, cryptocurrencies are not regulated, which carries risk of market volatility and loss for investors. However, the security risks and risk of fraud when using Bitcoin and other cryptocurrencies are vastly reduced.

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Naira
 
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Cryptocurrency definitely is a type of investment which is so much profitable for investors.Though there are high risks but its makes also high returnable profits.I personally recommended Bitcoin,it usually provides a steady growth but sometimes it falls down too.So just make sure on your eyes and make your mind for time to sell.

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Investing in crypto currency is very risky. I invested in a game called Axie infinity 2 Months ago and spent lots of money in it. I was lucky because i at the time i started the game, the value of SLP was at it's peak. It took me a month and a half before I got my return of investment. After that the value of the SLP which is the games currency went down dramatically up until now. It's a good investment but you have to know what you are doing and only invest what you are capable of losing. 

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