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#151 2023-06-26 23:20:21

thrive
Member
Registered: 2023-01-04
Posts: 2,575

Re: Why do people invest in cryptocurrency

oba;16031 wrote:
Dozie;16003 wrote:
JONSNOWING;15998 wrote:

Cryptocurrency may not always be about the profit mate, it fluctuates and as such requires a determined mindset to stay put and hold their coins still without monitoring any slight fluctuations which I don’t advice for anyone interested in holding cryptocurrency

Well the truth is that cryptocurrency may not always ve profitable in the short term, but the truth is that if you invest wisely and you actually do your research and you are a long term investor then you should make profits.

Yes, cryptocurrency investment is not made for weak hands that why is it good to have adequate knowledge about the market.

Historically, cryptocurrencies have shown a considerable increase in value over the years. By holding cryptocurrencies in the long term, investors may benefit from appreciating prices and higher returns on investment.

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#152 2023-06-26 23:20:44

Vastextension
Member
Registered: 2022-11-19
Posts: 2,701

Re: Why do people invest in cryptocurrency

thrive;16032 wrote:
oba;16031 wrote:
Dozie;16003 wrote:

Well the truth is that cryptocurrency may not always ve profitable in the short term, but the truth is that if you invest wisely and you actually do your research and you are a long term investor then you should make profits.

Yes, cryptocurrency investment is not made for weak hands that why is it good to have adequate knowledge about the market.

Historically, cryptocurrencies have shown a considerable increase in value over the years. By holding cryptocurrencies in the long term, investors may benefit from appreciating prices and higher returns on investment.

Long-term investments in cryptocurrencies serve as an additional option for diversification in your investment portfolio.

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#153 2023-06-26 23:21:08

level
Member
Registered: 2023-01-19
Posts: 1,844

Re: Why do people invest in cryptocurrency

Vastextension;16033 wrote:
thrive;16032 wrote:
oba;16031 wrote:

Yes, cryptocurrency investment is not made for weak hands that why is it good to have adequate knowledge about the market.

Historically, cryptocurrencies have shown a considerable increase in value over the years. By holding cryptocurrencies in the long term, investors may benefit from appreciating prices and higher returns on investment.

Long-term investments in cryptocurrencies serve as an additional option for diversification in your investment portfolio.

Yes, since it can help balance risk in investment and may reduce potential losses in times of market downturns season.

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#154 2023-06-26 23:21:30

joanna
Member
Registered: 2023-01-10
Posts: 3,896

Re: Why do people invest in cryptocurrency

level;16034 wrote:
Vastextension;16033 wrote:
thrive;16032 wrote:

Historically, cryptocurrencies have shown a considerable increase in value over the years. By holding cryptocurrencies in the long term, investors may benefit from appreciating prices and higher returns on investment.

Long-term investments in cryptocurrencies serve as an additional option for diversification in your investment portfolio.

Yes, since it can help balance risk in investment and may reduce potential losses in times of market downturns season.

Unlike traditional investments such as stocks and bonds, cryptocurrency markets are highly volatile and prone to sudden price fluctuations.

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#155 2023-06-26 23:21:51

oba
Member
Registered: 2023-01-13
Posts: 1,869

Re: Why do people invest in cryptocurrency

joanna;16035 wrote:
level;16034 wrote:
Vastextension;16033 wrote:

Long-term investments in cryptocurrencies serve as an additional option for diversification in your investment portfolio.

Yes, since it can help balance risk in investment and may reduce potential losses in times of market downturns season.

Unlike traditional investments such as stocks and bonds, cryptocurrency markets are highly volatile and prone to sudden price fluctuations.

By taking a long-term investment approach which entails avoiding short-term volatility, investors can avoid panic selling based on market conditions and wait to realize benefits when the market conditions become favorable.

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#156 2023-06-26 23:22:11

thrive
Member
Registered: 2023-01-04
Posts: 2,575

Re: Why do people invest in cryptocurrency

oba;16036 wrote:
joanna;16035 wrote:
level;16034 wrote:

Yes, since it can help balance risk in investment and may reduce potential losses in times of market downturns season.

Unlike traditional investments such as stocks and bonds, cryptocurrency markets are highly volatile and prone to sudden price fluctuations.

By taking a long-term investment approach which entails avoiding short-term volatility, investors can avoid panic selling based on market conditions and wait to realize benefits when the market conditions become favorable.

Cryptocurrencies are decentralized, meaning they operate independently of government authorities, banks, and other intermediaries. Thus, investors may benefit from the added security and freedom from traditional financial restraints.

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#157 2023-06-26 23:22:33

Vastextension
Member
Registered: 2022-11-19
Posts: 2,701

Re: Why do people invest in cryptocurrency

thrive;16037 wrote:
oba;16036 wrote:
joanna;16035 wrote:

Unlike traditional investments such as stocks and bonds, cryptocurrency markets are highly volatile and prone to sudden price fluctuations.

By taking a long-term investment approach which entails avoiding short-term volatility, investors can avoid panic selling based on market conditions and wait to realize benefits when the market conditions become favorable.

Cryptocurrencies are decentralized, meaning they operate independently of government authorities, banks, and other intermediaries. Thus, investors may benefit from the added security and freedom from traditional financial restraints.

Blockchain technology upon which most cryptocurrencies work is an emerging innovative technology, by investing on the long-term, investors stand to benefit significantly when more blockchain use cases emerge.

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#158 2023-06-26 23:22:50

level
Member
Registered: 2023-01-19
Posts: 1,844

Re: Why do people invest in cryptocurrency

Vastextension;16038 wrote:
thrive;16037 wrote:
oba;16036 wrote:

By taking a long-term investment approach which entails avoiding short-term volatility, investors can avoid panic selling based on market conditions and wait to realize benefits when the market conditions become favorable.

Cryptocurrencies are decentralized, meaning they operate independently of government authorities, banks, and other intermediaries. Thus, investors may benefit from the added security and freedom from traditional financial restraints.

Blockchain technology upon which most cryptocurrencies work is an emerging innovative technology, by investing on the long-term, investors stand to benefit significantly when more blockchain use cases emerge.

Cryptocurrency performance is influenced by many factors from government regulatory frameworks to global market shifts.

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#159 2023-06-26 23:23:08

joanna
Member
Registered: 2023-01-10
Posts: 3,896

Re: Why do people invest in cryptocurrency

level;16039 wrote:
Vastextension;16038 wrote:
thrive;16037 wrote:

Cryptocurrencies are decentralized, meaning they operate independently of government authorities, banks, and other intermediaries. Thus, investors may benefit from the added security and freedom from traditional financial restraints.

Blockchain technology upon which most cryptocurrencies work is an emerging innovative technology, by investing on the long-term, investors stand to benefit significantly when more blockchain use cases emerge.

Cryptocurrency performance is influenced by many factors from government regulatory frameworks to global market shifts.

Investors who have a long-term investment horizon do not hold on to investment biases since market trends tend to balance out in the long term.

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#160 2023-06-26 23:23:25

oba
Member
Registered: 2023-01-13
Posts: 1,869

Re: Why do people invest in cryptocurrency

joanna;16040 wrote:
level;16039 wrote:
Vastextension;16038 wrote:

Blockchain technology upon which most cryptocurrencies work is an emerging innovative technology, by investing on the long-term, investors stand to benefit significantly when more blockchain use cases emerge.

Cryptocurrency performance is influenced by many factors from government regulatory frameworks to global market shifts.

Investors who have a long-term investment horizon do not hold on to investment biases since market trends tend to balance out in the long term.

Long-term investments in cryptocurrencies provide potential for high ROI, diversified portfolio, independence from central authorities, resilience to short-term volatility, emerging technology, and no portfolio biases.

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#161 2023-06-26 23:23:50

Vastextension
Member
Registered: 2022-11-19
Posts: 2,701

Re: Why do people invest in cryptocurrency

oba;16041 wrote:
joanna;16040 wrote:
level;16039 wrote:

Cryptocurrency performance is influenced by many factors from government regulatory frameworks to global market shifts.

Investors who have a long-term investment horizon do not hold on to investment biases since market trends tend to balance out in the long term.

Long-term investments in cryptocurrencies provide potential for high ROI, diversified portfolio, independence from central authorities, resilience to short-term volatility, emerging technology, and no portfolio biases.

As with all investments, it's advisable for investors to perform thorough research, diversify portfolios, and seek professional advice before investing in cryptocurrencies to better understand their risks and expected returns.

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#162 2023-06-27 17:23:20

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 2,411

Re: Why do people invest in cryptocurrency

Vastextension;16042 wrote:
oba;16041 wrote:
joanna;16040 wrote:

Investors who have a long-term investment horizon do not hold on to investment biases since market trends tend to balance out in the long term.

Long-term investments in cryptocurrencies provide potential for high ROI, diversified portfolio, independence from central authorities, resilience to short-term volatility, emerging technology, and no portfolio biases.

As with all investments, it's advisable for investors to perform thorough research, diversify portfolios, and seek professional advice before investing in cryptocurrencies to better understand their risks and expected returns.

Investing can be one of the more complex concepts in personal finance. But it’s also one of the key cornerstones to financial independence and wealth building. Its essential to be more conscious in making of decision.

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#163 2023-06-27 17:27:48

Kelechi
Member
Registered: 2022-12-25
Posts: 3,040

Re: Why do people invest in cryptocurrency

crpuusd;16103 wrote:
Vastextension;16042 wrote:
oba;16041 wrote:

Long-term investments in cryptocurrencies provide potential for high ROI, diversified portfolio, independence from central authorities, resilience to short-term volatility, emerging technology, and no portfolio biases.

As with all investments, it's advisable for investors to perform thorough research, diversify portfolios, and seek professional advice before investing in cryptocurrencies to better understand their risks and expected returns.

Investing can be one of the more complex concepts in personal finance. But it’s also one of the key cornerstones to financial independence and wealth building. Its essential to be more conscious in making of decision.

It's not easy to become an investor and I not talking about capital because you can actually get that and still fail.

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#164 2023-06-27 19:33:00

KAMSI_UG
Member
Registered: 2022-12-26
Posts: 2,782

Re: Why do people invest in cryptocurrency

Kelechi;16104 wrote:
crpuusd;16103 wrote:
Vastextension;16042 wrote:

As with all investments, it's advisable for investors to perform thorough research, diversify portfolios, and seek professional advice before investing in cryptocurrencies to better understand their risks and expected returns.

Investing can be one of the more complex concepts in personal finance. But it’s also one of the key cornerstones to financial independence and wealth building. Its essential to be more conscious in making of decision.

It's not easy to become an investor and I not talking about capital because you can actually get that and still fail.

If you pump huge capital into any wrong investment definitely that investment would crash so yes capital is not the only factor to consider.

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#165 2023-06-27 20:54:49

MRBEAST
Member
Registered: 2023-05-22
Posts: 410

Re: Why do people invest in cryptocurrency

KAMSI_UG;16130 wrote:
Kelechi;16104 wrote:
crpuusd;16103 wrote:

Investing can be one of the more complex concepts in personal finance. But it’s also one of the key cornerstones to financial independence and wealth building. Its essential to be more conscious in making of decision.

It's not easy to become an investor and I not talking about capital because you can actually get that and still fail.

If you pump huge capital into any wrong investment definitely that investment would crash so yes capital is not the only factor to consider.

Well many people would suggest that in other to avoid this type of problems you should actually try to diversify but you need to actually try and hold solid coin now.

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#166 2023-06-27 21:36:38

Crpuss
Member
Registered: 2023-06-16
Posts: 234

Re: Why do people invest in cryptocurrency

MRBEAST;16156 wrote:
KAMSI_UG;16130 wrote:
Kelechi;16104 wrote:

It's not easy to become an investor and I not talking about capital because you can actually get that and still fail.

If you pump huge capital into any wrong investment definitely that investment would crash so yes capital is not the only factor to consider.

Well many people would suggest that in other to avoid this type of problems you should actually try to diversify but you need to actually try and hold solid coin now.

Well I think diversification is a smart move but the real problem here is what are you actually diversifying to. You can actually hold much coin and still make losses.

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#167 2023-06-28 18:20:50

Kelechi
Member
Registered: 2022-12-25
Posts: 3,040

Re: Why do people invest in cryptocurrency

Crpuss;16180 wrote:
MRBEAST;16156 wrote:
KAMSI_UG;16130 wrote:

If you pump huge capital into any wrong investment definitely that investment would crash so yes capital is not the only factor to consider.

Well many people would suggest that in other to avoid this type of problems you should actually try to diversify but you need to actually try and hold solid coin now.

Well I think diversification is a smart move but the real problem here is what are you actually diversifying to. You can actually hold much coin and still make losses.

Well as for me I would prefer diversifying to CRP crypton. This gem is affordable and one that anyone can hold and use too.

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#168 2023-06-28 18:22:45

Detroit
Member
Registered: 2022-12-27
Posts: 2,064

Re: Why do people invest in cryptocurrency

A cryptocurrency's value can change constantly and dramatically. An investment that may be worth thousands of dollars today could be worth only hundreds.

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#169 2023-06-28 18:57:39

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: Why do people invest in cryptocurrency

The most obvious reason why you should invest in cryptocurrencies is the success of its main currency, Bitcoin. You should buy Bitcoin because it gives you control over your assets.

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#170 2023-06-28 20:04:08

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,237

Re: Why do people invest in cryptocurrency

Detroit;16308 wrote:

A cryptocurrency's value can change constantly and dramatically. An investment that may be worth thousands of dollars today could be worth only hundreds.

You are right mate, it’s the reason why cryptocurrency requires a strong will for one to be able to hold their coin without being tempted to sell it or make hasty decisions when the price fluctuates

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#171 2023-07-05 18:13:03

Crpuss
Member
Registered: 2023-06-16
Posts: 234

Re: Why do people invest in cryptocurrency

The CRP Crypton for me is worth different baskets in one, most times you might still end up getting little  or no returns especially if the other options are not always trusted or crashes. Study a coin very well and it’s exchange and stick it and invest in it

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#172 2023-07-05 18:16:32

KingCRP
Member
Registered: 2023-01-06
Posts: 1,054

Re: Why do people invest in cryptocurrency

Crpuss;17876 wrote:

The CRP Crypton for me is worth different baskets in one, most times you might still end up getting little  or no returns especially if the other options are not always trusted or crashes. Study a coin very well and it’s exchange and stick it and invest in it

Well every holder of CRP crypton but agree that in other to gain profits from holding CRP crypton you must have to be a long term holder that's now the official criteria.

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#173 2023-07-05 18:26:44

MRBEAST
Member
Registered: 2023-05-22
Posts: 410

Re: Why do people invest in cryptocurrency

KingCRP;17879 wrote:
Crpuss;17876 wrote:

The CRP Crypton for me is worth different baskets in one, most times you might still end up getting little  or no returns especially if the other options are not always trusted or crashes. Study a coin very well and it’s exchange and stick it and invest in it

Well every holder of CRP crypton but agree that in other to gain profits from holding CRP crypton you must have to be a long term holder that's now the official criteria.

I am an investor and also I am a believer of CRP crypton I think this coin would be one that we would all appreciate more in the future, seeing all of the utilities it has to offer

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#174 2023-07-05 18:50:55

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 2,385

Re: Why do people invest in cryptocurrency

MRBEAST;17891 wrote:
KingCRP;17879 wrote:
Crpuss;17876 wrote:

The CRP Crypton for me is worth different baskets in one, most times you might still end up getting little  or no returns especially if the other options are not always trusted or crashes. Study a coin very well and it’s exchange and stick it and invest in it

Well every holder of CRP crypton but agree that in other to gain profits from holding CRP crypton you must have to be a long term holder that's now the official criteria.

I am an investor and also I am a believer of CRP crypton I think this coin would be one that we would all appreciate more in the future, seeing all of the utilities it has to offer

Same as i..... Choosing crypton is a right choice and it would be of a great joy seeing all investors get well rewarded in interest. So we will keep the heart on and remain hopeful.

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#175 2023-07-05 18:52:13

Detroit
Member
Registered: 2022-12-27
Posts: 2,064

Re: Why do people invest in cryptocurrency

Some people may as "How do I need to hold a coin to make?"
Well, For most collectors, a holding period of at least 5-10 years is recommended for the best performance. In fact, this amount of time is usually the best option.

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