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Do Your Own Research!

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On 2/15/2020 at 4:03 PM, sandysoo said:

The opinion of experts in the field of cryptocurrencies is what concerns me only. As for the general question about choosing a particular currency, this raises the irony. I follow a telegram channel that publishes recommendations for trading. This channel is managed by a group of experts, and thus I guarantee that the recommendation is from an expert and not a beginner.

In all likelihood there will be hints about some of the devices you have posted. It's informative, clear for newcomers like me in the cryptocurrency world. We have to research a number of cryptocurrencies in advance so that we will not regret if we choose a specific cryptocurrency to trade.

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Never want others to give advice when you know nothing about it. at least have to know the basics or have the answers yourself. Tips are for reference only. It is also effective to answer the 12 questions yourself. Success will not come to the lazy

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These are very detailed questions that the buyers should be asking themselves and i think that all of them can be considered to be very helpful and insightful. Also i agree with you premise tat everyone should do their own research. This is very important in both learning and progressing in the crypto world. Furthermore, the research will allow you to have more confidence in your trades.


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Always choose the currency in terms of trading volume, quantity and arrangement in the market cap and you will achieve good profits through it


 

Life is great and enjoy it

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On 2/16/2020 at 10:56 PM, wijont said:

there is a saying says genius knows and knows if I assume that has become a global has end up ignorant
You need to continue to analyze, study and question

of couse bro, Trade is very positive earning system and I think most people used good trading site therefore I am used trade and I am same trade most people used trusted trade and I think mostly people want good and safety trading site therefore I think it is very positive determined and I am consent with your comments

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On 2/15/2020 at 4:06 PM, Basel098 said:

I do not do my own research, but I do research some currency studies before purchasing from them and a comprehensive study of the chart

Before we decide on what we will do, it is important to do it and we can really learn from ourselves and make a profit. Beginning in this field should follow experts as a start to avoid the wrong choice and thus loss. Then learn from them the appropriate steps and places to search.

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Follow the accounts of the influencers in the crypto market, and follow the news of cryptocurrencies because they will keep you informed of what is happening in the market and see projects, new and partnership, and other topics.

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Doing your own research is the best thing because you will be sure with every step that you take from the beginning. It's not bad to ask for support anyone who knows more than you, but it's not good to depend on them in everything.


Time is the ultimate weapon!

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12 hours ago, Calvinpriva said:

Doing your own research is the best thing because you will be sure with every step that you take from the beginning. It's not bad to ask for support anyone who knows more than you, but it's not good to depend on them in everything.

Trading must indeed be based on your own analysis, because it not only helps in making the right decisions but will also help to keep your emotions stable and not easily panic,
but if you feel you are a beginner, it doesn't hurt to follow other people's analysis, but it must be remembered that other people's research is only a reference, and the rest must be based on your own analysis.

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Selecting the top 10 coins on coinmarketcap is the best choice for you, we do not need to analyze because a coin in the top 10 has a lot of support communities and many users.

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In order to buy coins, you have to do your own research. Study the coins you are going to buy, whether they are decentralized or centralized types of coins. It's good to buy decentralized coins so that the price fluctuations are high so you can make a profit. Learn everything about your chosen coin, you can see it on coinmarketcap or CoinGecko. My advice is to buy well-known coins to minimize risk.

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Very good tips on how to go about your research. It's good to do your own research but remember that you also need to hear people opinion before you take action.

  • Useful or interesting 1

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We suggest that if you want to buy coins for trading better do your own research, do not use other people's research or other people's opinions on the Internet. Choose coins that have high price fluctuation so you can make a profit. Pay attention to the trading volume as well as the coin chart you studied earlier. Don't buy coins that have a price that is too low, if you've done your research, determine which coins you will buy, good luck.

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These questions are very important. We must search for an answer before starting to trade any currency, but it is also good for us to seek the advice of experts who know most of the currencies traded in the crypto market.

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Whoever wants to buy any currency should take his time to search and monitor the currency, not rush to buy it, determine the time of entry and time of exit, and not trade randomly depending on luck.

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Most investors consider investing in cryptocurrencies a simple practice, that is, just buying currencies at the current price, holding them for a short period, and then selling them at a higher price. Anyone considering investing in a cryptocurrency should pay attention to the history of the currency and the development team and study its timeline to determine where to buy and the goal of selling.

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Research is the best way to learn something about a project or cryptocurrency.  I always work as a researcher everywhere in the field of cryptocurrency. 

Thanks

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On 12/26/2019 at 12:46 AM, Brushless4500KV said:

I agree with you. It is not bad to seek advice from others but you don't have to follow anything you hear. You should use all the inventory in your disposal. You should mix all the information you obtain to be able to make a final decision. There are lots of websites, E-books, videos and other sources of information. If the person who is giving you advice doesn't have enough experience, he/she may give you false data which will slow your progress. It is not possible to give a comprehensive piece of advice to anyone in a few lines of words in a comment. There are lots of things that need to be considered and examined before buying a coin. So, rely on your own skill and only use people's advice as an auxiliary way to complement your existing information.

 

you are right brother @Brushless4500KV..We can take advice from others in the crypto world.  But you don't have to follow that advice.  Many in the crypto world give good advice and many give bad advice.  So we should verify all the information.  If we verify all the information then it will be good for us.  But in the crypto world we need to acquire skills.  We will do research on coins to buy coins.  As a result we will get all the information.

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You have pointed out the problems that most people do especially those who are new in the crypto world. They invest as they have been recommended via the internet or someone. No one research and if someone research, he does not analyze what are the pros and cons. Some people see the bright side and don't look at the dark side. People don't think about the outcomes and what happens they fail.

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I like the advise made in OP. Probably you have also noticed, so many members have made the topics asking about the best crypto coin to invest. Personally, I do not wish to give them advise because cryptocurrencies follow the highly volatile markets. Price can be collapsed anytime so users have to perform their own research to choose the best coins or platform to invest. 

Moderators will also remove the topics expecting the financial advises. 

Edited by Whited35

 

 

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This publication cannot be more complete, my friend. I am very pleased to have found it and I will dedicate myself to disseminating it because I consider it a really valuable material and more at this time where many are entering the world of cryptos by simple FOMO without taking into account this series of details that we must take into account before reaching invest in any digital asset. Do your research beforehand and answer all those questions so you can make your own decisions later.


Always act with conscience and a sense of camaraderie and every time you make a post, stop for a moment and review in detail the posts of other members around you, so that you can give your respective reaction. :classic_wink:

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Your observations are certainly good but it is better to spend money for access to an individual group with cryptocurrency signals, so that you can reduce your risk a few more times. But of course everyone here makes their own decisions. 

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Research is very good most especially in trading aspect, however many members don't like doing research about a particular coin they want to invest on instead of series of questions, a member should take his time and do some little research and survey about a coin and get the results himself for market analysis.

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Yes of course mate! This is really a big issue for the beginners to find the coin for investment or to buy. Even most the beginners buy the coins without seeing it's price fluctuations, and other investors take advantage of it, but the beginner loss their investment. It is really much needed act to do own research before investing in any coin. These all are the basic steps that are must be taken in.trading to find the the useful research on coins. I really thank you very much to create this useful topic.


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