Investing in crypto trading any good?

[WinstonFisk]

I would be highly skeptical of investing TOO much capital in cryptocurrency of any description.

It is highly tempting especially given the ridiculous values and peaks BTC and the like reach, but, when the likes of Elon Musk can cause a market crash with a single tweet; you really are playing an extremely high risk game.

[Kelo]

The cryptocurrency market is now falling, but Ethereum looks good for the long term 2-3 years.

But this is a high-risk asset, I would invest no more than 10% of my portfolio.

[rsot]

Originally Posted by Kelo

The cryptocurrency market is now falling, but Ethereum looks good for the long term 2-3 years.

But this is a high-risk asset, I would invest no more than 10% of my portfolio.

Longterm holds are a worthy approach

[bigdaz]

If you want to trade use low market cap and low amount of coins like GVT, up and down like a yoyo easy trades

[Xannerot]

Investing in cryptocurrency is a good way to make money. The price and popularity of electronic coins is growing, and blockchain technology is spreading and being implemented in many sectors of the economy. How to invest in cryptocurrencies can be found in this article https://profinvestment.com/investici...ypto-currency/

[Giannidrudi91]

Bitcoin is not even on the half way there... just buy and accumulate during the numerous dips and don't invest in FOMO during mega pumps.

When it will reach 100k it is very likeable that many whales will take profit, so a drop of 50-30% is kinda probabile. These are the occasion you wanna find to enter in.

Such as the last one after 12 may dip. Btc dropped to 30k usd and here we are again at 55k usd...

It's quite an easy game... big player will always try to scare people with ⊗⊗⊗⊗ news and **** just so they can accumulate more btc at lower prices...


After the next halving in 2024, imagine if BTC will reapeat the same path it did after 2020 halving...

The plan is to accumulate as many btc as possibile before the next halving.

[VitBorium]

Good afternoon, my opinion is that investing in cryptocurrency in the right coins will make you very rich in the near future.

[rsot]

Originally Posted by VitBorium

Good afternoon, my opinion is that investing in cryptocurrency in the right coins will make you very rich in the near future.

The right coins ...key

[rsot]

Originally Posted by najibneedle

My main rule is to invest in something I understand and only the amounts I can more or less afford to lose. Many online traders make crypto look like nothing difficult and like it’s an easy way to make tons of money. But you need to be lucky and very knowledgeable about the topic to be able to win something. You might start with the best no-evaluation prop firms and then try trading on your own. However, I would still not recommend messing with cryptos, especially now. Choose something more reliable and stable, like gold, real estate, or mutual funds, and trust yourself only.

Welcome to the forum - all the best as you master stealth

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[brian10]

Bitcoin investment right now is volatile chances of you losing your money is very high anyway as the says goes Never invest what you can't afford to lose.

[agent006140]

GBTC is trading at 60% of its net asset value,which means you pay 60 cents for $1 worth of Bitcoin,but it does have a 2% annual expense.
Cathy WOOd is buying GBTC

[rsot]

Originally Posted by agent006140

GBTC is trading at 60% of its net asset value,which means you pay 60 cents for $1 worth of Bitcoin,but it does have a 2% annual expense.
Cathy WOOd is buying GBTC

FTX effect spreads

[doowoovey]

The FTX contagion is real. Who knows what the bottom will be now. If compared to all time high, the current price is a buy. Might be wise to DCA. Not easy to time the bottom.