Ken-not

You must first check its background if it is promising or not. Check also the background of the developers if they have succeed on their other projects before. That will help you to avoid the scam of other projects out there. Always check the background before investing.

I don't believe on what cryptocurrency can do before. All I know is that it is a scam. I didn't adapt into it after I heard it but what I did first is do some research about it. I found out that cryptocurrency can really help you in terms of your financial needs and has the ability to boost the economy of a certain country.

You can try to invest in a specific coin that you want to. Like Ethereum, Ripple or Bitcoin. After investing, try to hold it as long as you can and wait for its price to rise up. That's the perfect moment to sell your coin and gain profit into it.

Investing your money in one coin is kinda risky. You should try to split it up into two or three so that you can still gain profit into it if one of the value of your coins goes down. You will be able to play around on the price of it unlike investing it in one and only coin.

The most profitable coin is the bitcoin itself. We all know that bitcoin is volatile and you can abuse it only if you know how to read the market movement. You will be able gain profit into it as long as you use the market movement in your trading.

The most important thing is trading is to have a knowledge into it. Do not just enter the world of trading without any knowledge about it because there is a higher chance that you will lose a big amount of money.

I think it will really depends on the country that you belong. It is different from each other countries but one thing is for sure. When the bank is involved, there will be a tax.

Do not forget that patience is also part of the success in terms of trading. You need to perfectly timing the sell and buy of the coin for you to become successful into it. So, you better do not do panic buying and selling because that is the one that will destroy you.

The common mistake of investing in crypto is the lack of knowledge about it. They think that if they invest into it will give them an instant amount of income. Little did they know that it takes time and patience before they gain profit into it.

I would suggest that you should try to split your money in different coins so that you can still play around by it if some of your coins goes down. Investing in one cryptocurrency is kinda risky. So better to split it up for you to be able to gain profit still.

People who hacks a lot is the annoying thing in the world of cryptocurrency. There are some tools that once you copy a wallet address, when you paste it, it will change to a different wallet address which is the wallet address of a hacker. So, better double check your wallet address to avoid this one.

My main priority in crypto is to be able to earn money. What I am doing is to invest some money in the specific coin and try to hold it until the day that the value of it will rise up. From that time, I will now going to sell it so that I will be able to gain income from it. Buy low and sell high principle.

What you can do is to try to invest on the altcoin first since it is needed a small amount of money for you to be able to invest there. Also, it is a kind of coin that is a short investment meaning you can earn a good amount of money in just a short period of time.

All of the airdrop will go to your yobit invest box. For you to be able to get it, you should do the task given by it like for example share some information in the social media site for you to be able to get some partial amount of the coin that is in the yobit invest box.

Yes of course. If those scam projects continues, investors will be afraid to invest into this one. All of the quality projects will not gonna be successful even though it is good since investors do not want to invest anymore because of what happened to them.