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[Ashleyz]

Hey guys ,
I wanna ask you if I can start investing with $5 , I know its a little amount but I haven't got any job and I want to start my little journey from your ideas
Thanks in advance

 

[Ben Kempton]

Sometimes it is always impossible to predict the crash of cryptocurrency. If you see that of luna, nobody was able to predict the drastic fall in its price. Someone lost 2.8 million dollars to the crash of luna. Had it been that they predicted it almost everyone could have withdrawn their money or swapped it. It is always important to be very careful in crypto and take profit.

The crash of Terra Luna is one of the most horrible and disastrous one in the history of cryptocurrency. Both the Luna Terra and the Terra USD (UST) have crashed in one of the most horrific manner and the investors in those coins have now gone bankrupt. Terra Luna went from $67 to $0.0002557 (See Screenshots). Just imagine how much the investors are suffering.

 

[Marcelino1]

The crash of Terra Luna is one of the most horrible and disastrous one in the history of cryptocurrency. Both the Luna Terra and the Terra USD (UST) have crashed in one of the most horrific manner and the investors in those coins have now gone bankrupt. Terra Luna went from $67 to $0.0002557 (See Screenshots). Just imagine how much the investors are suffering.

Probably, this is a proof that the crypto market is not really safe and you must try as much as possible to protect your funds.

Imagine someone who is a millionaire as of last week as a holder of luna and today the person has already gone bankrupt. I always tell people that they should use little fraction of their money to invest in crypto because anything can happen.

 

[Ben Kempton]

Probably, this is a proof that the crypto market is not really safe and you must try as much as possible to protect your funds.

Imagine someone who is a millionaire as of last week as a holder of luna and today the person has already gone bankrupt. I always tell people that they should use little fraction of their money to invest in crypto because anything can happen.

I think that this crash is also making people afraid of storing their money in stable coins as well. Many people might have stored money in the form of TerraUSD think that this particular currency would not crash! However, to their shock the currency is now totally worthless. There was a time when even I sued to think that Stable coins might not be that secure and it turns out that I was right.

 

[Ofonime]

Hey guys ,
I wanna ask you if I can start investing with $5 , I know its a little amount but I haven't got any job and I want to start my little journey from your ideas
Thanks in advance

There are so many place which you can start investing your $5 if you want it that ways the first place is forex if you trade in the forex market you can make alot of money but the real issue is that you must leverage a bit high or sometime try your possible best to aquire the right knowledge that is needed for you to trade well.

For me I have been into this business for sometime now and I think that with $5 can start crypto trading and you can be making some money from there as well.but always look for help from those professional so you can trade well.

 

[Marcelino1]

I think that this crash is also making people afraid of storing their money in stable coins as well. Many people might have stored money in the form of TerraUSD think that this particular currency would not crash! However, to their shock the currency is now totally worthless. There was a time when even I sued to think that Stable coins might not be that secure and it turns out that I was right.

The two most trusted stablecoins are BUSD and USDC. These two stable cryptocurrency cannot lose value except cryptocurrency does not exist again. It is always important to make research before your store your cryptocurrency for a very long time. Many people who stored their cryptocurrency in UST have lost a lot of money from it.

 

[MayorKayz]

Cryptocurrency is indeed far much more simpler in the sense that there are various different sort of tools that could be used to analyse when it comes to trading in cryptocurrencies. For example, much of the technical data pertaining to market capitalisation, overall volume, supply, etc related to cryptocurrencies is available, but I must say that none of them could actually help you to predict the crash in an accurate manner. For example, none of the experts were able to predict the current cryptocurrency market crashes.

Both cryptocurrency and forex are both similar. Same tools can be used to analysis them. No one can really give 100% predictions on the two.
But I would take cryptocurrency ahead forex. Because when we trade with bitcoin or any other top cryptocurrency and we are losing its worth. We can wait for some while and the price will rise up back .

 

[Marcelino1]

Both cryptocurrency and forex are both similar. Same tools can be used to analysis them. No one can really give 100% predictions on the two.
But I would take cryptocurrency ahead forex. Because when we trade with bitcoin or any other top cryptocurrency and we are losing its worth. We can wait for some while and the price will rise up back .

If you have a lot of money I will advise you to only trade bitcoin and ethereum because their prices are very much predictable. Currently, bitcoin is the price range of 30000 dollars and if you buy it now, before the end of this year it will probably reach about 50 thousand dollars or more. That is probably a lot of profit for people who have a lot of money like up to 1 million dollars.

 

[MayorKayz]

If you have a lot of money I will advise you to only trade bitcoin and ethereum because their prices are very much predictable. Currently, bitcoin is the price range of 30000 dollars and if you buy it now, before the end of this year it will probably reach about 50 thousand dollars or more. That is probably a lot of profit for people who have a lot of money like up to 1 million dollars.

Well that is a good advise. But do you know that bitcoin and etherium that you say that they are not stable are nit the cryptocurrency that some people do use. Like me I do trade with coins like dogecoin, litcoin and binance coin. Because there are more profits when I trade with those coins.

 

[Ben Kempton]

If you have a lot of money I will advise you to only trade bitcoin and ethereum because their prices are very much predictable. Currently, bitcoin is the price range of 30000 dollars and if you buy it now, before the end of this year it will probably reach about 50 thousand dollars or more. That is probably a lot of profit for people who have a lot of money like up to 1 million dollars.

Well, the fact remains that many cryptocurrencies are dependent on the price and conditions of Bitcoin. I have noticed that when Bitcoin goes down, the prices of all other major coins such as Ethereum, Dogecoin, Bitcoin Cash, Tron, Litecoin, Binance Coin, Ripple, etc goes down. I have tried to create a strategy where I tried to predict the market crash of coins by using the Bitcoin market, but I was not that successful. Now I am planning to start trading again with the Bitcoin/Tether pair.

 

[Salimo1]

Before trying to trade it is important you go to platforms like YouTube to learn a lot of things about cryptocurrency trading if not you might make a lot of mistakes. There are a lot of books you can read to improve your knowledge about cryptocurrency and one it is "how to Defi by coingecko". Beginner and Advanced.

Ok thank you for sharing this book with me , I assume that many people make a living from cryptocurrency trading but not all the people are lucky enough to get profits , there are many who lost big amount of money , I promise you that I'll do my best to apply your advice .

 

[Ofonime]

Both cryptocurrency and forex are both similar. Same tools can be used to analysis them. No one can really give 100% predictions on the two.
But I would take cryptocurrency ahead forex. Because when we trade with bitcoin or any other top cryptocurrency and we are losing its worth. We can wait for some while and the price will rise up back .

I will also take crypto currency to forex its better than forex because I have tried the two business but crypto currency proof to be the most profitable of it all.

Forex market is good and someone can make money from there but the trader need to have good knowledge and expensive system before he can start making good amount of money so crypto is most easy as compare to forex trading

 

[Marcelino1]

Well that is a good advise. But do you know that bitcoin and etherium that you say that they are not stable are nit the cryptocurrency that some people do use. Like me I do trade with coins like dogecoin, litcoin and binance coin. Because there are more profits when I trade with those coins.

Of course, cryptocurrencies like dogecoin and litecoin are very profitable if you have a very good strategy. when it comes to use cases and adoption, bitcoin and ethereum are probably the best to cryptocurrencies. if you have up to one bitcoin then making thousands of Dollars every day will not be a problem for you because the price always fluctuates even in bear seasons.

 

[Marcelino1]

Well, the fact remains that many cryptocurrencies are dependent on the price and conditions of Bitcoin. I have noticed that when Bitcoin goes down, the prices of all other major coins such as Ethereum, Dogecoin, Bitcoin Cash, Tron, Litecoin, Binance Coin, Ripple, etc goes down. I have tried to create a strategy where I tried to predict the market crash of coins by using the Bitcoin market, but I was not that successful. Now I am planning to start trading again with the Bitcoin/Tether pair.

The main reason other cryptocurrencies always obey the price of Bitcoin is because bitcoin is very dominant. About 40% of all the money in the crypto-currency market is on bitcoin.

So, in most cases whatever Bitcoin does, altcoins will follow suit. but sometimes especially in bull season, when the dominance of Bitcoin decreases the prices of altcoins will skyrocket. If you study this simple fact that I'm telling you, you will realize it.

 

[Marcelino1]

Ok thank you for sharing this book with me , I assume that many people make a living from cryptocurrency trading but not all the people are lucky enough to get profits , there are many who lost big amount of money , I promise you that I'll do my best to apply your advice .

The simple fact and truth is that not everyone will succeed in the crypto-currency market. Many people may have proper knowledge of her cryptocurrencies works but they may actually not have the mindset to always enter the market and exit the market on time.

Imagine people that invested in cryptocurrency during the peak of the bull market, by now they would have lost almost all their money. So being very watchful and observant in the crypto market is important.

 

[Ramolak19]

Investment is the best options with your 5$ but I think cryptocurrency is the best platform for the money before you known it can grow to certain stage where you could get more profits, you can also divots your time to this website beerMoney forums

 

[Ofonime]

Investment is the best options with your 5$ but I think cryptocurrency is the best platform for the money before you known it can grow to certain stage where you could get more profits, you can also divots your time to this website beerMoney forums

Its true crypto trading is one of the best way which anyone can make extra money from home,you can also chose to trade forex its one of the way which you can use to make alot of money.

But sometime there is no way you can proceed if you dont have the require skills and knowledge that is why I always advice the people to hire someone like a mentor who they can rely on and copy their strategy sometime to earn more.

Not doubt there are still others face of business which anyone can do online you can try hyip but be sure to risk some percentage of your money.

 

[Marcelino1]

Investment is the best options with your 5$ but I think cryptocurrency is the best platform for the money before you known it can grow to certain stage where you could get more profits, you can also divots your time to this website beerMoney forums

not everything the currency will give you can give a profit with $5 investment. The advice is to look for a micro cap cryptocurrency and put the money on it and forget it for some period of time. if it is a very good cryptocurrency, there is a big tendency that the money will probably increase in value after some period of time.

 

[MayorKayz]

Of course, cryptocurrencies like dogecoin and litecoin are very profitable if you have a very good strategy. when it comes to use cases and adoption, bitcoin and ethereum are probably the best to cryptocurrencies. if you have up to one bitcoin then making thousands of Dollars every day will not be a problem for you because the price always fluctuates even in bear seasons.

A real trader or professional don't talk like that. They are not concerned on what they will earn from an amount but the percentage they will earn from it.
What if a person trade with $1 billion and they earn $1000 with it. Are we going to say that they have made enough profit for earning $1000 as profit.
No that is not a reasonable profit because that is 0.0001% of there capital. So that is a very bad investment. What most traders are concerned of is %. So if the earn 1% they will earn $10 million on $1 billion capital.

 

[Ben Kempton]

The main reason other cryptocurrencies always obey the price of Bitcoin is because bitcoin is very dominant. About 40% of all the money in the crypto-currency market is on bitcoin.

So, in most cases whatever Bitcoin does, altcoins will follow suit. but sometimes especially in bull season, when the dominance of Bitcoin decreases the prices of altcoins will skyrocket. If you study this simple fact that I'm telling you, you will realize it.

Well, I have observed that when the value of Bitcoin surges, almost all other cryptocurrencies also surge in value. I am planning to invest in Tron coin after the Tron Foundation dissolves because when it will dissolve, the price of Tron coin might fluctuate. Tron is the only cryptocurrency right now which did not fluctuate, even during the current horrible conditions of the crypto market.

 

[Marcelino1]

A real trader or professional don't talk like that. They are not concerned on what they will earn from an amount but the percentage they will earn from it.
What if a person trade with $1 billion and they earn $1000 with it. Are we going to say that they have made enough profit for earning $1000 as profit.
No that is not a reasonable profit because that is 0.0001% of there capital. So that is a very bad investment. What most traders are concerned of is %. So if the earn 1% they will earn $10 million on $1 billion capital.

The percentage of the profit that they will make is very important when it comes to cryptocurrency trading on forex trading.

When i am trading cryptocurrency what i am very much interested on is the percentage of the profit i am going to make and that will determine the amount of money i am going to invest in that particular trade.