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How to get rich while investing in cryptocurrency
Posted: Mon Jun 03, 2019 6:57 pm
by bitcoincash
Just hold. It will not fall.
1. The cryptomarket was cleared off from the fraudulent projects, along with projects that did not stand the market competition. Therefore, now, in 2019, it's not like the Wild West as it was.
2. Cryptocurrency excitement was not a positive phenomenon. It has attracted the attention of millions of people who hoped to get rich without doing anything. Now that sphere is gradually getting rid of people who do not even have basic economic or investment knowledge. And the market is stabilized in that meaning.
3. Institutional investors (banks and hedge funds with a lot of money) use cryptomarket as a variant to diversify their assets. The investment in coins is considered as a more secure investment in the period of volatility of bond markets and gold.
Another question: Where to invest? Just diversify. Part of the portfolio must necessarily be in altcoins (those that have their own blockchain - approved technology, their market, which they want to change), because they can have growth even more than bitcoin. Many of them are really undervalued.
Re: How to get rich while investing in cryptocurrency
Posted: Sun Jun 09, 2019 4:41 am
by andere.cherie
Getting rich on the crypto space is very simple. Invest in good coins. Always DYOR before investing. For instance, those who invested in veil got some bucks in. And now that the price has corrected, those who would buy will make some profits in coming weeks. In crypto, it's good to buy the alts.
Re: How to get rich while investing in cryptocurrency
Posted: Mon Jun 10, 2019 10:53 am
by Lilly
Getting rich while investing on crypto currency is quite easy. Simply ensure to always buy the dip. Buy cheap and sell high. This is for swing traders majorly. Those swinging trades on coins Like Veil coin, Atomic and eterbase are made. I'm currently on Veil swing trades. Being amazing.
Re: How to get rich while investing in cryptocurrency
Posted: Mon Jun 10, 2019 4:52 pm
by Baesboo
Holding has always been one of the easiest ways to get rich in cryptocurrencies. Buy low and sell at the peak. Buy bags of very cheap coins like Veil, Dent, Enj.. They are all below $1. Keep them in your wallet and check back when everyone is talking about them in 3years
Re: How to get rich while investing in cryptocurrency
Posted: Sun Jun 16, 2019 4:46 pm
by Oretegalv
This is nice thread, but I am not sure if people can get rich swiftly on this market. I think that some prior understanding of the basics is necessary in order to determine right entry and exit points. There is volatility and as price is going up, it can soon revert to short term trend correction
Re: How to get rich while investing in cryptocurrency
Posted: Sun Jun 16, 2019 9:18 pm
by andere.cherie
Great review man. To add more, you can also earn passive incomes by mining and staking. Example of coins with passive staking and mining income is Veil coins
Re: How to get rich while investing in cryptocurrency
Posted: Sun Jun 16, 2019 10:53 pm
by rico.browns
Calculate your risks and trade potential privacy projects like Veil coin.
Re: How to get rich while investing in cryptocurrency
Posted: Mon Jun 17, 2019 7:47 am
by africuniaBank
Crypto currencies are simplest way to get rich nowadays if you know how and when sell and buy your crypocurrency. Choose your currency wisely.
Re: How to get rich while investing in cryptocurrency
Posted: Mon Jun 17, 2019 6:32 pm
by shinratensei
Crypto currencies are simplest way to get rich nowadays if you know how and when sell and buy your crypocurrency. Choose your currency wisely.
And crypto with active development should become the main choice, it just like we must get to the main point of investing in crypto just like get into the active project and buy the deep price. it looks like it's always worth to buy good coins like veil, ethereum and tron
Re: How to get rich while investing in cryptocurrency
Posted: Mon Jun 17, 2019 11:26 pm
by handycash
You need to find strong signal there will always be a market correction or that the price will move in certain direction. Bitcoin seems very easy to predict, I have been trading cryptocurrency CFDs on Forexchief trading platform. That is a very good broker for trading and I was successful with bitcoin in particular
Re: How to get rich while investing in cryptocurrency
Posted: Tue Jun 18, 2019 10:01 am
by BenFormer
No, just hold will not help. I can hold coins then disappear then and lose money.
Of course this strategy works for bitcoin. Buy and hold. That's it.