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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Crypto investing guide

BY: @cicbar | CREATED: April 6, 2018, 9:23 p.m. | VOTES: 701 | PAYOUT: $456.58 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmZD1mrPKx92P2BonY9hvVf2UK9boE4CmZTUmYgZassh8b/download.jpg]

After last year's Bitcoin (BTC) and Altcoins rise, more and more people are interested at crypto investing. This market drop is very useful for many things, as I have wrote in my previous articles. One of useful things from this drop is that new people who are coming into crypto market are not here because price is rising, they are here because they see potential of the technology.

Many people last year invest in crypto with expectation that BTC will go to the moon and they will be millionaires very quick. Having hopes is nice, I am also invested in crypto with expectation that my investment will pay of, but problem is that many of those people don't even know what is Bitcoin and why it is used for. Same thing is with Altcoins. If you ask them what is difference between Ethereum, Ripple, Monero, Iota or Dogecoin, they don't know.

Because of that, I think that is very important that you do some research about Crypto and then you should decide is it worth to put some money into it. I will try to simplify things for newcomers at Crypto world.

For me there is only TWO large GROUPS of Cryptos.

[IMAGE: https://steemitimages.com/DQmWGrhyc4kNn6k3uK9PtF7QKy9uzfBjjE4Mt8urkWWyCLm/images.jpg]

Crypto money is group of Cryptos that wanna serve as money. Some of them are private, some of them not, but their basic intention is to serve as money. Money can be used for payments or as a store of value and these cryptos have same intention.

There is many Cryptos with this intention and I will not list all of them, some of them are:

There is many more coins with same intention.

SECOND group are crypto platforms.

[IMAGE: https://steemitimages.com/DQmarGaxgian1y89bKjLoX39xWkY2D2uSaukwXhKqReGJyA/images.jpg]

Crypto platforms is a group of cryptos that have intention to serve as a platform for development of many different things. Most platforms are used for development of many different DApps (Decentralized applications) with different purpose and some of them are used as platforms for connecting banks, payment systems, businesses, data and people. Only few of these platforms are fully functional, most of them are in development stage. Some of them still don't have functional main net.

There is many platforms out there and some of them are:

It is not easy to choose where to invest and to correctly guess which project will be successful.

I am following few rules when I am investing in crypto.

First rule is DIVERSIFICATION

Old postulate says: "Don't put all eggs in one basket". If you put all eggs at one basket and drop that basket, you will crash all eggs. So don't invest all money at one crypto. I can't say that I am highly diversified. Usually I have between ten and fifteen different cryptos.
Why that number?

Because of the second rule.

Second rule is GET INFORMED

Getting informed for more than that number of Cryptos is very difficult for me because investing in Cryptos is just one part of my life and I don't have time for more than that. I think that following all news about Cryptos that you have is one of crucial things. First of all you have to analyze does some project have current or future important use case. Many projects have many promises and you have to analyze how realistic these promises are. There are many scams in crypto world, same like in real world so you need to be careful. Last year Bitconnect scammed many people, and if you had analyzed how realistic was their promise of around 1% daily return, you would never invest there because even at crypto it is not possible.

Third rule is NEVER INVEST IN PROJECT THAT YOU DON'T LIKE

Many people listen opinions of many advisers and invest in projects because of their opinions or according to TA. My opinion is that you should do your own research and invest only in projects that you like. I have invested in SmartCash dough it is not even at top 100 on Coinmarketcap with low volume and only on few exchanges. I like project and when you like project it is much easier to HODL when bad days are there. My friend @fullcoverbetting is HODLing his KCS dough I don't see any sense for that :-) but I respect that.

Forth rule is NEVER INVEST SAME AMOUNT OF MONEY in all holdings that you have

Doug I like SmartCash I didn't invest same amount of money in SmartCash and Bitcoin, EOS or NEO. I had article about SWAN Cryptocurrencies:
https://steemit.com/cryptocurrency/@cicbar/swan-cryptocurrencies

You need to analyze how risky your project is and you can't invest same amount of money in risky projects and safer ones.

How to decide which is safe and which is risky?

First of all analyze project, how real it is and does it have or will have important use case.
Second, analyze team behind project. Some crypto Superstars like Dan Larimer or Charles Hoskinson, already made some successful project and made lot of money out of it so they wouldn't risk their reputation to scam people with fake promises.
Then analyze time frame for roadmap. Time runs much faster at crypto world and many things can change in one year. If your project doesn't develop fast enough, it will fail.
After that, you need to see market cap and daily volume because Cryptos with lower volume are much more volatile. High market cap without high daily volume doesn't mean lot because if I make Crypto with 1 Trillion coins and sell 1 coin to someone for 1 dollar then this Crypto will have 1 trillion market cap.

Fifth rule is NEVER INVEST MONEY THAT YOU CAN'T AFFORD TO LOSE

This is crucial rule for me for all investments that I have made in my life, not just in crypto.
If you have invested borrowed money or too much money than you gonna be nervous and you will act according to emotions. With emotions, you can't make smart decisions and you will make mistakes. Sometimes people are GREEDY and because of that, they invest huge amount of money. GREED is bad thing in any aspect of life.

I am following these rules in all investments in my life and dough I had some more and some less successful investments, I can't say that I had some huge fails.

If you have your rules I would like to know about them. I am learning all my life and you should never be closed for new ideas.

TAGS: [ #cryptocurrency ] [ #bitcoin ] [ #money ] [ #investing ] [ #teamserbia ]

Replies

@a-0-0 | April 6, 2018, 9:24 p.m. | Votes: 0 | [ VOTE ]

Reply to this comment if you want me to resteem your last blog post to my 32,500+ followers. Then go to my Comments and reply to any of my comments on other steemians blog posts whenever you make a new blog post if you want to resteem it. @a-0-0

@hennessy | April 6, 2018, 10:04 p.m. | Votes: 3 | [ VOTE ]

I think you made a writing mistake at some point about the market cap.

( if I make 1 Trillion of some coins and sell 1 coin to someone for 1 dollar then this coin will have 1 trillion market cap.)

that means that the market cap is 1 dollar, not a trillion

But good investing skills. research is very important

@cicbar | April 6, 2018, 10:07 p.m. | Votes: 1 | [ VOTE ]

If 1 coin is worth 1 dollar then 1 Trillion coins are worth 1 Trillion dollars.

@hennessy | April 6, 2018, 11 p.m. | Votes: 3 | [ VOTE ]

if its worth 1 dollar yes, but not if only one coin is sold to someone for 1 dollar....its probably some misunderstanding in your content, the way you wrote it.

@sames | April 6, 2018, 11:52 p.m. | Votes: 0 | [ VOTE ]

Im economics the last price highest paid kinda dictates the price for the whole coin. Yes it not the best that is why many people are calling for ways to make marketcaps better. Liquidity should be taken in account in ranking along with the last price. That way the flaw of last price is some what covered.

@fullcoverbetting | April 6, 2018, 10:38 p.m. | Votes: 1 | [ VOTE ]

Great article @cicbar. When I was reading the chapter in which I was mentioned, I knew what was going to come :)
I do think that you are missing some type of crypto. Lots of cryptos and their blockchain are designed to support one type of business. Take for instance medical, transport, social media and so on blockchains. Or do you consider these to group one of the money part, cause, in my opinion this would be wrong. But I will admit that you have so much more knowledge about this world then I do!
But it is a great guideline, we all should follow!

@cicbar | April 6, 2018, 10:56 p.m. | Votes: 1 | [ VOTE ]

For me platforms that have use cases like you have mentioned are all in the same group. Point is that their goal is not to serve as money and use cases will be very different because smart people with great ideas will be more and more involved in crypto world. This is just beginning and I think that potential is limitless.
I have suggested Golf niche at Narrative. Prepare to be moderator if I win auction :-)

@fullcoverbetting | April 6, 2018, 11:10 p.m. | Votes: 2 | [ VOTE ]

I'm looking at the Masters now (one of the four biggest golf tournament in the world), so I am prepared!
The potential indeed is limitless! What do you think about blockchains without a crypto? I do believe that these would be ideal for governments!
Will read the answer tomorrow. Going to bed now, had to destruct a wall today and will also have to do that tomorrow :( Need to keep the wife happy :)

@fullcoverbetting | April 6, 2018, 11:11 p.m. | Votes: 1 | [ VOTE ]

Let me know if you want me to write a post about narrative!

@cicbar | April 7, 2018, 6:29 a.m. | Votes: 0 | [ VOTE ]

When Narrative network start working we can analyze it and write something about it. Until then there are just promises and we need to wait for them to become fulfilled...

@fullcoverbetting | April 7, 2018, 10:16 a.m. | Votes: 1 | [ VOTE ]

👌

@sames | April 7, 2018, 2:49 p.m. | Votes: 1 | [ VOTE ]

I'll join in as well :)
After all i am mod the bitcoin niche.

@fullcoverbetting | April 7, 2018, 4:01 p.m. | Votes: 0 | [ VOTE ]

Really looking forward to it, stillI do need to read the whitepaper buif @cicbar believes in it. It could be a hidden gem!

@sames | April 7, 2018, 4:17 p.m. | Votes: 0 | [ VOTE ]

The whitepaper is pretty cool but will need a lot of work to pull it off.

@fullcoverbetting | April 7, 2018, 4:32 p.m. | Votes: 1 | [ VOTE ]

Let me know if I can help you guys! I can see if I can make some time free for it!

@sames | April 7, 2018, 4:46 p.m. | Votes: 0 | [ VOTE ]

Naw just read the whitepaper when your free, cicbar will tell rest to us since he is a founding member.

@lordjames | April 6, 2018, 10:49 p.m. | Votes: 1 | [ VOTE ]

The fifth rule is my number 1 rule. Never invest what you can't afford to lose. Not only with cryptos, but with pretty everything else. It's important that you don't allow greed to cloud your judgement.

@sames | April 6, 2018, 11:55 p.m. | Votes: 4 | [ VOTE ]

That is the like the complete truth to crypto investing. Another factor to consider in crypto is liquidity-how many places can you use the crypto. One my factors that i also look for is a good community. If a community is only after the price then i am moving away.....
Also bitcoin is working on smart contracts-rsk.co and just saw its scaling plan and it looks amazing. Bitcoin liquidity and infite scaling is cool. Rsk.co is better than eth but is it better than eos. IDK
I'll make a post on rsk scaling soon :)

@cicbar | April 7, 2018, 6:18 a.m. | Votes: 2 | [ VOTE ]

You are right about crypto use possibility and community. One of the reason I have invested in SmartCash is great community. Thanks for sharing :-)

@krisosa | April 7, 2018, 2:49 a.m. | Votes: 1 | [ VOTE ]

Wow! I never knew this much, thanks for sharing.

@cometomyway | April 7, 2018, 6:59 a.m. | Votes: 1 | [ VOTE ]

Great article .. I just love it ..
Thanks @cicbar for sharing..
Crypto is just love

@syedihsanshah | April 7, 2018, 7 a.m. | Votes: 3 | [ VOTE ]

Thanks for sharing ... very helpful for me .. will follow these rules ..

CRYOTOFEVER

@okankarol | April 7, 2018, 7:02 a.m. | Votes: 1 | [ VOTE ]

This post was upvoted and resteemed by And upvote service @okankarol
Thank you for using @okankarol

The service will be completed within 15 minutes.

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@okankarol | April 7, 2018, 7:12 a.m. | Votes: 1 | [ VOTE ]

Service Completed.

@dwip20 | April 7, 2018, 7:22 a.m. | Votes: 1 | [ VOTE ]

I was surprised when the value of bitcoin was so high in last year but everything has it's limitation.Thank you for your advices.

@sanne | April 7, 2018, 8:02 a.m. | Votes: 2 | [ VOTE ]

thanks @cicbar, at least your post adds my insight to more how we take a stand if you want to invest our own coin. How to look at the opportunities of some projects or analyze which markets are our target in investing. Helpful insights...
I will always follow your next posts about crypto.

@salajacklyn | April 7, 2018, 9:02 a.m. | Votes: 2 | [ VOTE ]

@sanne you can Pls follow my posts on @salajacklyn. Thanks

@salajacklyn | April 7, 2018, 8:45 a.m. | Votes: 2 | [ VOTE ]

Very educative and informative. This post really good for the newbies of the cryptoworld. It isn't even limited to the cryptobusiness because these same rules are applicable in our everyday life.
Thanks @cicbar

@salajacklyn | April 7, 2018, 8:57 a.m. | Votes: 1 | [ VOTE ]

You can also please follow my posts on @salajacklyn ...really counting on you @cicbar

@acesontop | April 7, 2018, 9:41 a.m. | Votes: 2 | [ VOTE ]

Very few make the research that you are talking about and sometimes when they do that all they think about is watch some youtube videos. That's how it happened with bitconnect. I am some kind part of them because almost every time I invested by instinct and that's not recommended. The problem was that I sold to soon. Patience is what I need. I will give you an example: at the beginning of December I bought some XRP and kept it for a week. After that I sold it because I saw the price was sitting between 20-22 cents while other cryptos where some kind of mooning. Not long after I sold it XRP mooned also so I learned to have patience. My guess is that in 5-10 years a lot of the altcoins would be history while the big ones would have made an entrance in the real life as real currencies used for usual purchases. For the moment my country is far away from this kind of situation so I am oriented more in earning profits from trading them that's why I choose the ones that are very often in the news. Even dogecoin has a chance of survive without the updates everyone waits. Simply because its community is strong and it has a lot of hodlers and support. Long story short I will follow your advice and do more of research about some cryptos since I am talking about them almost everyday.

@cicbar | April 7, 2018, 10:43 a.m. | Votes: 0 | [ VOTE ]

Never regret if you have sold too early. If you made some profit, great, if you have sold at loss, learn from that and ask yourself why you have bought it if you can't hold when price drops. You can't change history and if you sold early, there must be some reason for that.

@smritisc | April 7, 2018, 9:54 a.m. | Votes: 1 | [ VOTE ]

Hello @cicbar, asweme content! Very much helpful info. Carry on like this good works:)

@tommy123 | April 7, 2018, 9:57 a.m. | Votes: 1 | [ VOTE ]

Thanks you my friend
The best

@rose98734 | April 7, 2018, 11:05 a.m. | Votes: 7 | [ VOTE ]

I'd also look for coins that have communities. The bigger the community the more likely that the coin will succeed. I'm pretty sure that the only reason Doge still exists is because of it's community.

@cicbar | April 7, 2018, 11:28 a.m. | Votes: 0 | [ VOTE ]

Agree.

@mahadihasanzim | April 7, 2018, 11:13 a.m. | Votes: 1 | [ VOTE ]

its a helpful post.
thanks for this types of good post.

@boomerang | April 7, 2018, 11:37 a.m. | Votes: 0 | [ VOTE ]

This post has received a 37.81 % upvote from @boomerang.

@seakraken | April 7, 2018, 11:38 a.m. | Votes: 0 | [ VOTE ]

Release the Kraken! You got a 77.12% upvote from @seakraken courtesy of @cicbar!

@skyl1mit | April 7, 2018, 11:53 a.m. | Votes: 1 | [ VOTE ]

zilliqa is also one to watch

@mawit07 | April 7, 2018, 12:57 p.m. | Votes: 6 | [ VOTE ]

Exactly everything I thought of as I progress in the world of crypto trading. What I found difficult to grasp is the technologies that comes with crypto. I find it quite challenging to understand why certain cryptos can go up in price one day and fall back another much more often than financial investments in banks.

There is not much regulation on crypto trading and thererfore everyone needs to be vigilant if they are investing in crypto. Big rewards comes with big risks. Nothing good comes easy. Hopefully we all who invested in our cryptos will reap in the rewards in the future. It seems like a sound investment but people definitely need to do their homework before investing. Thanks.

@sabiondico | April 8, 2018, 10:56 a.m. | Votes: 0 | [ VOTE ]

The first group is good for hold but not trading

@ichseven | April 8, 2018, 3:10 p.m. | Votes: 1 | [ VOTE ]

exactly

@booster | April 7, 2018, 12:58 p.m. | Votes: 1 | [ VOTE ]

This post has received a 17.80 % upvote from @booster thanks to: @cicbar.

@nguyenthanhtien | April 7, 2018, 1:25 p.m. | Votes: 1 | [ VOTE ]

The financial market is where money flows from impatience to patience

@crypto3em3 | April 7, 2018, 2:59 p.m. | Votes: 1 | [ VOTE ]

So many coins doing the same thing crazy!

@cortexx | April 7, 2018, 3:12 p.m. | Votes: 7 | [ VOTE ]

invest on utility token , or what you call it a basic needs in stock market, invest in water and electricity, the same as invest in utility token like ether, eos or neo.

@pradhan222 | April 7, 2018, 4:21 p.m. | Votes: 1 | [ VOTE ]

I know You are a wise guy.Thanks for your informative article.It is very helpful for us.Thank you.

@sanhtun | April 7, 2018, 5:01 p.m. | Votes: 1 | [ VOTE ]

Thanks for sharing @cicbar

@lighteye | April 7, 2018, 5:08 p.m. | Votes: 2 | [ VOTE ]

Sound advices, @cicbar, well done.

И знаш већ… волео бих да видим овај текст и на српском :)

@cicbar | April 7, 2018, 5:55 p.m. | Votes: 1 | [ VOTE ]

Hvala 😁

@lighteye | April 7, 2018, 6:10 p.m. | Votes: 1 | [ VOTE ]

ННЧ :)

@zyx066 | April 7, 2018, 5:09 p.m. | Votes: 1 | [ VOTE ]

Very good and informative post again @cicbar, thank you.

In the discussion I get confused about the term "utility token". On Coindesk I read this:

> On February 19, Wyoming's House of Representatives became the world's first elected body to exempt certain blockchain-based tokens from money transmission and securities laws, provided they have a clearly defined "utility" and are not marketed as investments.

This confuses me even more :-( So BAT is a utility token, even if I don't use the Brave browser (I do use the Brave browser, but I don't have BAT, what does that make me :-)), and only buy BAT in the hope the price rises? I'm confused... please help.

Thanks again for a very good article. Upvoted, resteemed.

@afsheel | April 7, 2018, 5:34 p.m. | Votes: 2 | [ VOTE ]

most people invest in low $ tokens or coins human nature i quess

@aibolit66 | April 7, 2018, 5:54 p.m. | Votes: 1 | [ VOTE ]

Great article! Thank you

@honarparvar | April 7, 2018, 6:07 p.m. | Votes: 2 | [ VOTE ]

I loved this post! the first article which clearly separated coins and platforms. I would be very thankful if you explain how fundamentally a platform can be successful or fail.
this is what I believe people lack in their crypto knowledge yet.

I think the future of cryptocurrency is bundled to the use of platforms not the people's enthusiast in speculating the currencies.

thanks for the great content.

@hiroyamagishi | April 7, 2018, 7:48 p.m. | Votes: 10 | [ VOTE ]

A guide like this is all we need on crypto. The market is still on infancy stage. Some people lost so much money before learning. A useful guide is a must. Great blog

@cicbar | April 7, 2018, 7:50 p.m. | Votes: 1 | [ VOTE ]

Thanks 😁

@ichseven | April 8, 2018, 3:09 p.m. | Votes: 1 | [ VOTE ]

thanks

@crypto2crypto | April 8, 2018, 11:53 p.m. | Votes: 3 | [ VOTE ]

I think him having XVG VERGE as a viable​ currency coin is a big mistake for people new to crypto. That is a legit SHITCOIN.

@ontheverge | April 11, 2018, 11:41 a.m. | Votes: 1 | [ VOTE ]

Yeah, Verge is a failed crypto already. Unfortunately.

@strifehawkins | May 19, 2018, 1:48 p.m. | Votes: 0 | [ VOTE ]

Most of the money I ever made was on verge :/

@heyimsnuffles | April 9, 2018, 2:46 p.m. | Votes: 1 | [ VOTE ]

Just like everyone bought we would never move to credit card and plastic. People believe we aren’t moving to tokens. The movement is happening, the reasons and applications that we don’t fully understand yet WILL COME.

@gvincentjosephm | April 10, 2018, 3:39 a.m. | Votes: 2 | [ VOTE ]

I agree. Sometimes we learn best from our own mistakes. I think losing money is one process of investing. If there's no risk of loosing, then we "all" should be rich by now.

@rishabh2s | April 10, 2018, 10:33 a.m. | Votes: 0 | [ VOTE ]

True that totally!!!

@xhevat | April 11, 2018, 8:41 a.m. | Votes: 0 | [ VOTE ]

The whole crypto market has been having troubles for almost 4 months. The Bitcoin's rapid increase in value was some hope for new investors; however its drop afterwards discouraged a lot of people and people are less interested and enthusiastic about crypto currency this year. The interesting think is how Bitcoin has so much impact on all other crypto currencies.

@thiagak | April 12, 2018, 5:01 a.m. | Votes: 0 | [ VOTE ]

i completely agree

@forgetsharif | April 7, 2018, 7:49 p.m. | Votes: 2 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/upfostee.gif]I am with you by voting for you and you will be with me
😍😍😍😍😍😍😍😍😍
https://steemit.com/@forgetsharif
😍😍😍😍😍😍😍😍😍😍😍😍
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☺☺☺☺☺☺☺☺☺☺☺☺☺

@ayurvedajoshi | April 7, 2018, 8:01 p.m. | Votes: 2 | [ VOTE ]

Thank you very good list,

What is about Steem?
I invest in
Steem
Cardano
Ripple
Dogecoin.
I hope it is ok.
Greetings From Berlin.

@cicbar | April 7, 2018, 8:30 p.m. | Votes: 0 | [ VOTE ]

Steem is platform also. Many DApps are already made on Steem.

@rjlifter | April 7, 2018, 8:12 p.m. | Votes: 1 | [ VOTE ]
@sammee | April 7, 2018, 8:27 p.m. | Votes: 1 | [ VOTE ]

Thanks for the quick guide. Things learnt, never invest equal amount of money in crypto portfolio and you must have interest in their project before you invest in them. Thanks for the info

@postpromoter | April 7, 2018, 8:29 p.m. | Votes: 2 | [ VOTE ]

You got a 26.14% upvote from @postpromoter courtesy of @cicbar!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

@captain.crpyto | April 7, 2018, 8:48 p.m. | Votes: 1 | [ VOTE ]

One important thing I learned after being involved in this space is to take profits and cut your losses. HODLing is quite a bad strategy, but when your portfolio is down 75% because you didn't take profits and cut your losses, there's nothing else you can do...

@chireerocks | April 7, 2018, 8:50 p.m. | Votes: 1 | [ VOTE ]

You are absolutely right means, in my opinion most of the people entered into the Cryptocurrency market after the hype of Bitcoin and everybody thought that it is easy to earn but they even don't know what are Cryptocurrencies and this lack knowledge will not impact in the up-trending time but once market start to fall or move towards the downtrend then people start cursing because then they start facing the losses, so prior knowledge is really important and if you don't understand then you should think 10 times before investing because otherwise you can lose your money. And these categorization of Crypto Money and Crypto Platforms are really informative inputs and in my opinion people can get an proper idea as how to read the things while entering into something. Thanks for sharing and keep doing the great work. Wishing you an great day. Stay blessed. 🙂

@craigdon00 | April 7, 2018, 8:56 p.m. | Votes: 2 | [ VOTE ]

Great post. thanks for sharing. Some really good advice.
EOS and Cardano are the two coins in your list i've invested in.

The two I am really interested in though is Crycash and Viberate because they are related to two of my main hobbies, Gaming and Music. Profit is just a bonus for me with these coins as i'm more interested in what they will do in the future. Viberate will be a revolution to live music.

@workin2005 | April 7, 2018, 9:19 p.m. | Votes: 1 | [ VOTE ]

Good article. I follow 1 basic rule above all others, I only invest in coins I understand. Warren Buffet made a similar statement years ago. This means know the team, tech and problem it solves. If you don't fully understand it, don't buy it.

@krsnarahl | April 7, 2018, 9:30 p.m. | Votes: 1 | [ VOTE ]

it would be GREAT if you make a video on that particular video. THANK's

@alexandermills | April 7, 2018, 10:13 p.m. | Votes: 1 | [ VOTE ]

I would add always watch the market, I guess this comes under staying informed. It can come down to as simple as, is the bull run just beginning or are you near the end of one? Which can be speculated on by looking at the market.

@luisandreina | April 7, 2018, 10:44 p.m. | Votes: 1 | [ VOTE ]

I liked very much the post, very easy to read and understand what you are saying

@ozz1934 | April 7, 2018, 11:24 p.m. | Votes: 1 | [ VOTE ]

Never invest to one coin with all of money! Always spread your investment to 3-10 different coins.

@furn01 | April 7, 2018, 11:26 p.m. | Votes: 8 | [ VOTE ]

These rules are the absolute basics anyone investing should follow.

6th rule - Don't buy on hype or fear of missing out :-)

Great post

@cicbar | April 8, 2018, 4:54 a.m. | Votes: 0 | [ VOTE ]

Agree on 6th rule :-) Thanks.

@tecnocash74 | April 7, 2018, 11:36 p.m. | Votes: 1 | [ VOTE ]

Good post, I believe that the bitcoin world has a lot of future, due to the scarce resources to manufacture physical money and the convenience of using technologies to pay for anything.

@mdfardushkhan101 | April 8, 2018, 12:58 a.m. | Votes: 1 | [ VOTE ]

Please please do an upvote, please, brother, please give me an upvote post
.

@cicbar | April 8, 2018, 5:37 a.m. | Votes: 0 | [ VOTE ]

Don't beg for upvote. One upvote means nothing. Better write some nice post or comment to get upvotes. If you can't do that than just upvote content that you like and get curation reward.

@davebrewer | April 8, 2018, 1:08 a.m. | Votes: 1 | [ VOTE ]

Sixth RULE - don't fight the trend. Don't try to catch a falling knife.

Be patient. Prices are falling. No one knows for sure when the fall will stop. I predict it is 40% lower.

But in any case, no need to put more money into cryptos at risk, until there is some certainty that the knife has stopped falling.

https://steemit.com/bitcoin/@davebrewer/bitcoin-prices-won-t-be-at-the-bottom-until-they-drop-down-into-the-usd4000-s

@cicbar | April 8, 2018, 5:20 a.m. | Votes: 1 | [ VOTE ]

Maybe you are right but for me is OK if falling knife is good project. I like postulate of Warren Buffet: "Better buy good stock at bad price than bad stock at good price". If you can really find bottom and buy when trend is reversed, great for you.
Thanks for sharing

@davebrewer | April 9, 2018, 4:02 p.m. | Votes: 1 | [ VOTE ]

If you are really buying something with long term value that is going to increase significantly in price, why buy on the way down? You can wait until the bottom is clear. And wait until it starts to inch back up. And you can buy then.

Your point is DONT count on buying at the bottom. I 100% AGREE.

But that doesn't mean you should try to catching a falling knife. Wait until it hits the floor. And then wait some more until it starts on the way up.

And buy then.

Very poor judgement to imagine you can catching the falling knife at a useful place

@crypto-toast | April 8, 2018, 1:14 a.m. | Votes: 1 | [ VOTE ]

Great guide!

@amariajose838 | April 8, 2018, 1:37 a.m. | Votes: 1 | [ VOTE ]

It is good to have this type of information to learn about the cryptocurrency, it is a very world with changes and complications, regards

@iridion9 | April 8, 2018, 1:38 a.m. | Votes: 1 | [ VOTE ]

First of all I would like to thank you for sharing your knowledge.
The lesson I learned from you are the difference between Crypto Money
and Crypto Platform. Thank you for clarifying this.

FYI, I"m familiar with Stock Market and FOREX.
I also understood the difference between Investing and Trading.
In addition I'm familiar with Technical Analysis, Fundamental analysis
and Sentiment analysis.

But I would like to let you know that you missed or fail to clarify things.
First you did not clarify yourself if you are an INVESTOR or TRADER.
There is a big difference between the two.
If you are really an Investor in crypto as you are claiming.
Then you need to create the next tutorial for this blog on
"How to Invest in Crypto".
Again I would like to iterate INVESTING and TRADING are different.

Second point you fail to use the right word of this phrase below,
"Third rule is NEVER INVEST IN PROJECT THAT YOU DON'T LIKE"

I would like to suggest to you to replace the word LIKE with UNDERSTAND.

The two words have different BIG meanings, I'm familiar with this phrase that you mentioned, I read it from Warren Buffet and Robert Kiyosaki books, but you used the word LIKE instead of UNDERSTAND.

But Again your post/article is an eye opener.
I wish you could write the next tutorial on how to INVEST/TRADE in crypto?

Thanks again

@cicbar | April 8, 2018, 5:28 a.m. | Votes: 0 | [ VOTE ]

I am investor, not a trader. I think that word LIKE fits more for my rules because you can understand something but not like it. Understanding would probably be under GET INFORMED. Thanks :-)

@iridion9 | April 8, 2018, 7:35 a.m. | Votes: 1 | [ VOTE ]

If a person invest because he LIKE (but don't understand) then there is a BIG chance he could lose.
If a person invest because he UNDERSTOOD then there is less chance he could lose.
Again it's up to you, you are the author.
Sometimes we need to consider other people reading are noobs in trading/investing.
Thanks again.

@cicbar | April 8, 2018, 8:45 a.m. | Votes: 0 | [ VOTE ]

I got your point and I agree with you, just I assume under GET INFO that you gonna understand project if you are well informed about it.

@globalforex | April 8, 2018, 1:50 a.m. | Votes: 1 | [ VOTE ]

Helpful information. Thanks.

@dindar | April 8, 2018, 1:57 a.m. | Votes: 1 | [ VOTE ]

Many of the new investors buy coins with an intention to become millionaire overnight. They depend on rumors. This is very helpful guide for them. Thanks for sharing such important information.

@cicbar | April 8, 2018, 5:29 a.m. | Votes: 0 | [ VOTE ]

Thanks

@kuahtuhee | April 8, 2018, 2:11 a.m. | Votes: 1 | [ VOTE ]

Good post
I like it
Informansi
🤝 🤝
In share

@simply-me | April 8, 2018, 2:38 a.m. | Votes: 1 | [ VOTE ]

thank you for this. i need this to remind me.

@aamirrajput | April 8, 2018, 2:42 a.m. | Votes: 1 | [ VOTE ]

Oh! You wrote a very informative article.i don’t know about cryptocurrency before.But now i saw your article,it was fantastic to read.it was clear word to word.very easy to read.infact i am from Pakistan and admit that we are poor people in English but your article about cryptocurrency was very simple to read..i appreciate your work..
Thank you.

@williamgabriel | April 8, 2018, 2:45 a.m. | Votes: 1 | [ VOTE ]

We needs to group coins into indexes similar to what you’ve started here. It would make understanding the market much simpler and assist investors with building diversified portfolios.

@jennybeans | April 8, 2018, 3:13 a.m. | Votes: 1 | [ VOTE ]

I love your post. Its well informative!!! I don't really have a wide idea about crytocurrencies at all so its very helpful for me. :)

@cicbar | April 8, 2018, 5:32 a.m. | Votes: 0 | [ VOTE ]

Thanks

@chadmichaellibby | April 8, 2018, 3:14 a.m. | Votes: 2 | [ VOTE ]

Decent post. It is the wild, wild west

@lost108 | April 8, 2018, 3:19 a.m. | Votes: 3 | [ VOTE ]

Cannot agree more on this, perfect article.
My current bets are on the following coins:
1. Steem: Why Steem you would ask, Steem is a dapp blockchain that can win the whole social media, we all know that social media is expanding like crazy and with decentralized apps like Steemit (replace Reddit), DTube (replace YouTube), DMania (replace 9 GAG) shall I continue? I think it's enough, I have studied this coin movement a lot and I think it will go to places. Plus, Steem is fastest and its far more used than any other crypto coin, besides that, it's without transfer fee.
2. BitShares: why Bitshares. Well BTS is the Bitshares/OpenLedger main coin for charging a transfer fee and if you take at Waves exchange market you can see that Waves coin went up to 14$, the same goes with Binance coin etc. I know that BTS is worth around 14c atm but the Bitshares exchange market grows faster and the most important thing is that is DEX and on long run DEX will always win, I think BitShares will be among the top 3 exchange markets.

Those two are my winners atm, I don't invest in a lot of coins I just invest in the coins that I know about and I trust. So IMO I think those two are gonna be worth a lot in the next 5-10 years, I'll keep them.
Ofc, I am not a financial advisor, I do not advise you to invest in those two coins, I just wanted to share my point of view about my golden coins :)

Sad vidim da si iz Srbije, lepo je video balkance ovde, veliki pozdrav! :)

@cicbar | April 8, 2018, 5:07 a.m. | Votes: 0 | [ VOTE ]

Hvala. Imam i ja i Steem i BTS, obožavam oba projekta i mislim da su jako potcenjeni. Mislim da će za oba tokena najveći problem biti EOS. Dan je rekao da će na EOSu napraviti bolji Steem 2.0 i novi DEX. Ako to stvarno uradi, usporiće mnogo razvoj STEEMa i BITSHARESa. Poadrav :-)

@rupon89 | April 8, 2018, 3:38 a.m. | Votes: 2 | [ VOTE ]

This post is very great and useful post. Some people lost so much money because they don't know properly about it. A useful guide is like you are very important. Great blog. Thank you @cicbar for sharing this valuable post with us.

@judyhoang | April 8, 2018, 3:55 a.m. | Votes: 1 | [ VOTE ]

i choose my way, i believe blockchain is the future . Someone became shark on this time but it no longer until everyone participate with crypto-wallet

@n1rvana | April 8, 2018, 3:58 a.m. | Votes: 1 | [ VOTE ]

Nice guide to all the new users about crypto investing .. thanks for the post ... Resteemed....

@connorsmith | April 8, 2018, 5:32 a.m. | Votes: 1 | [ VOTE ]

Awesome guide here. All of these rules are super important. I find number three especially important. I only invest based on my own research and my own ideas. There are so many people on youtube and other platforms promote bad coins. It is always important to do your own research, and formulate your own opinions. It seems crazy to me that tons of people just blindly follow investing advice!

@dr-leopard | April 8, 2018, 6:28 a.m. | Votes: 1 | [ VOTE ]

You are right, an upvote is necessary.

@mamunbd | April 8, 2018, 7:11 a.m. | Votes: 2 | [ VOTE ]

exellent...........

@gpalav | April 8, 2018, 7:17 a.m. | Votes: 1 | [ VOTE ]

I like how you distinguish different cryptocurrency. It will help people know what projects and currency they should invest and not think every currency is same. Thanks for a wonderful investment guide!

@ellenr | April 8, 2018, 7:45 a.m. | Votes: 1 | [ VOTE ]

"Never invest money that you can't afford to lose" is the best mantra in crypto. The market simply doesn't care if you're down and out.

@bluewinter | April 8, 2018, 9:15 a.m. | Votes: 2 | [ VOTE ]

Buy low sell high

@steemingmark | April 8, 2018, 9:20 a.m. | Votes: 1 | [ VOTE ]

are you a financial adviser?

@cicbar | April 8, 2018, 11:20 a.m. | Votes: 1 | [ VOTE ]

No. I am investor. Never listen advisors, always do your own research 😁

@steemingmark | April 8, 2018, 2:05 p.m. | Votes: 1 | [ VOTE ]

just wondered normally on these things there is a disclaimer. yes i always do my own homework lol

@zabid | April 8, 2018, 9:40 a.m. | Votes: 1 | [ VOTE ]

Every step mentioned here is REALLY important. As an early adopter we must be careful to deal with cryptocurrency. Lot of people here to make money overnight and some people are here to loot money from other.
So step by step learning analysis and investment should be way.

@sabiondico | April 8, 2018, 10:54 a.m. | Votes: 1 | [ VOTE ]

When you said Ontology dont forget POA....

@sabiondico | April 8, 2018, 12:06 p.m. | Votes: 1 | [ VOTE ]

The second group is special to trading

@pinheiroemmanuel | April 8, 2018, 12:16 p.m. | Votes: 1 | [ VOTE ]

Feel so enlightened more now than ever. Thanks @cicbar

@sstf11 | April 8, 2018, 2:46 p.m. | Votes: 3 | [ VOTE ]

Cool information :-)

@steemit-abuse | April 8, 2018, 6:46 p.m. | Votes: 0 | [ VOTE ]

@AbuseReports
@Duplibot
@Spaminator
@SteemCleaners
@SteemFlagRewards
@Steemit-Abuse

Comment Spam

@emmgeeahmad | April 8, 2018, 2:51 p.m. | Votes: 1 | [ VOTE ]

your articles are always worth reading, but this one is pick of the bunch. It is especially useful and handy for those who intend to invest in crypto. Thanks for sharing!

@cicbar | April 8, 2018, 4:21 p.m. | Votes: 1 | [ VOTE ]

Thanks!

@emmgeeahmad | April 8, 2018, 5:42 p.m. | Votes: 2 | [ VOTE ]

welcome

@globalforex | April 8, 2018, 2:59 p.m. | Votes: 1 | [ VOTE ]

Excellent post.

@mahfuz42 | April 8, 2018, 3:05 p.m. | Votes: 0 | [ VOTE ]

Where's Bitcoin Price Heading Next -- $1K Or $30K?

https://steemit.com/bitcoin/@mahfuz42/where-and-apos-s-bitcoin-price-heading-next-usd1k-or-usd30k-br-br

@gorec | April 8, 2018, 3:27 p.m. | Votes: 0 | [ VOTE ]

best app for view cryptocurrency stats and signals https://usignals.com[IMAGE: https://steemitimages.com/DQmRAvEkANBNJmKF9p7BU8RyZuAphr7v99W8KYQSZdmjLnC/image.png]

@rasel49 | April 8, 2018, 3:32 p.m. | Votes: 1 | [ VOTE ]

thank you for a kind information....thank you so much...keep it up carry on your activity best of luck try something new....

@stefane | April 8, 2018, 3:42 p.m. | Votes: 1 | [ VOTE ]

Read my rules and let me know if I have forgot something, I see you forgot some

@cicbar | April 8, 2018, 4:27 p.m. | Votes: 0 | [ VOTE ]

Where to read your rules? I didn't forgot any rule that I follow. If you have different rules, please share.

@cryptoknowhow | April 8, 2018, 4:27 p.m. | Votes: 1 | [ VOTE ]

Hey :) wenn du nach Deutschen Artikeln über Kryptowährungen suchst würde ich mich freuen wenn du mal bei meinem Blog vorbeischaust. Mein Ziel ist es euch in meinem Blog die Funktionsweise von Kryptowährungen zu erklären und hilfreiche Tipps zum Investieren zu geben. (sry für die Eigenwerbung haha)

@cicbar | April 8, 2018, 4:31 p.m. | Votes: 1 | [ VOTE ]

English please

@cryptoknowhow | April 8, 2018, 4:43 p.m. | Votes: 0 | [ VOTE ]

Sry, but thanks for your upvote

@coinsider | April 8, 2018, 5:12 p.m. | Votes: 1 | [ VOTE ]

Excellent write up. Also one thing most important for me is user adoption. I have been involved in building traditional brick and mortar businesses before getting involved in cryptocurrencies. Having analytics for user adoption can be one of the most valuable pieces of data to have to measure the health of a product or service.

@steviecrypto | April 8, 2018, 5:13 p.m. | Votes: 3 | [ VOTE ]

This is a great and informative post about crypto and investing, no doubt! I appreciate the explanation between crypto-money and crypto-platforms. I've been playing the crypto game for a while now and I continue to learn more and more from other like-minded individuals. On that note; I'm going over to Binance and continue to diversify my portfolio! I've also been using the Abra App to take some of my cryptos out of the exchange and it's been so easy and helpful. -Respect

@nikolanikola | April 8, 2018, 5:23 p.m. | Votes: 1 | [ VOTE ]

Zdravo :)

Video sam na nekom thread-u da govorite o narrative networku i da su vam potrebni ljudi za vas tim. Da li mogu nekako da vas kontaktiram da popricamo na tu temu ? :)

@cicbar | April 8, 2018, 6:25 p.m. | Votes: 0 | [ VOTE ]

Zdravo Nikola :-) Ne mogu da kažem da pravim neki tim, kupio sam iz zezanja tri Niche-a na Narrtive networku(Bitcoin, Fitness i Movies) a vlasnik Niche-a ima obavezu da postavi moderatora pa sam tražio ljude za to i našao. Ako si zainteresovan da budeš moderator nečega, nađi me na discordu pa da popričamo. Pozdrav

@nikolanikola | April 8, 2018, 6:33 p.m. | Votes: 0 | [ VOTE ]

Hvala na brzom odg :) Potrazio sam vas na discordu, ali ne mogu da vas pronadjem, da li koristite mozda drugaciji username ?

@cicbar | April 8, 2018, 6:39 p.m. | Votes: 1 | [ VOTE ]

Probaj cicbar#6646

@ontheverge | April 11, 2018, 11:44 a.m. | Votes: 2 | [ VOTE ]

wow, @cicbar, is that polish or something? I can understand some words as I'm russian. This is all one language family.

@veerall | April 8, 2018, 5:26 p.m. | Votes: 1 | [ VOTE ]

RULES OF INVESTING:

1) Buy when there is negativity in the market
2) Sell when you see traders and investors buy things that are useless and showoff on youtube videos
3) If you donot know what to buy, buy the top 5-10
4) Never argue, just listen, and trust me on this one, instincts do work. So follow them.

@nandagayo | April 8, 2018, 6:08 p.m. | Votes: 5 | [ VOTE ]

a very good post

@jakadl | April 8, 2018, 6:27 p.m. | Votes: 1 | [ VOTE ]

thanks for sharing

@ahmedcation | April 8, 2018, 6:32 p.m. | Votes: 1 | [ VOTE ]

Cool information!

@rutebz | April 8, 2018, 6:37 p.m. | Votes: 1 | [ VOTE ]

This has been helpful, especially for me who is just starting to learn about crypto and all that it's involved with. Well done #cryptolearner

@digitalpnut | April 8, 2018, 7:34 p.m. | Votes: 1 | [ VOTE ]

Nice. Covers the basics. And it’s easy to not follow the basics... I do find the temptation to hold mostly bitcoin hard to resist.
But I try to be diverse. Glad to see you mentioned verge and cardano 😬

@jmaella | April 8, 2018, 8 p.m. | Votes: 1 | [ VOTE ]

I would like to highlight the value of the TEAM when selecting the right crypto project. At the end, most of the projects are "under construction", and you have to trust them to make it real.

I am writing an article with my investing guide. I hope to finish it during next week, to share with you and with the community. As you said, this is mainly about keeping on learning.

@grake | April 8, 2018, 9:03 p.m. | Votes: 1 | [ VOTE ]

Super solid across the board. I see so many tips and guides that treat all coins the same. There is a big difference between currency, platform, utility and niche case tokens.

One might think they are diversifying by investing in multiple projects, but if they are all in the same category the investment is more of a scattered hedge than a diversified play.

@mahfuz42 | April 8, 2018, 10:08 p.m. | Votes: 0 | [ VOTE ]

Bitcoin Mining: Legal Regulations Around the World.

https://steemit.com/bitcoin/@mahfuz42/bitcoin-mining-legal-regulations-around-the-world

@barne734 | April 8, 2018, 11:27 p.m. | Votes: 3 | [ VOTE ]

Looks like bitcoin has found a support, maybe we will go higher from here

@bobcastleman | April 8, 2018, 11:33 p.m. | Votes: 1 | [ VOTE ]

Very good summary. Should be required reading for anyone new to crypto trading. Especially Rule Number 5.

@blue.anubis | April 9, 2018, 2:21 a.m. | Votes: 2 | [ VOTE ]

2018 will be a hard year for Crypto....

@josueaaron | April 9, 2018, 3:03 a.m. | Votes: 0 | [ VOTE ]

PAGINA PARA MINERIA DE BTC
MINTAGE MINING

@adoore-eu | April 9, 2018, 3:27 a.m. | Votes: 2 | [ VOTE ]

I really learnt a lot from this post. It is very explanatory. These rules are very good and helpful. I will always remember never to invest in a project because my friends are rushing into it. I have to like it and be ready to part with the money i can afford to lose. Thank you so much

@paperquest | April 10, 2018, 12:40 a.m. | Votes: 0 | [ VOTE ]

You should already know your exit points before you enter a trade. Enter a trade based on a strategy you personally understand. If you are rushing into a trade, 9/10 you are already too late...

[IMAGE: https://steemitimages.com/DQmax5LPkPJJoPVZ8o7cq7kmK5zCz5fkRD1byWGKeLaWe1e/crypto10commandments%40odt%40%40%40Google%40Docs.png]

@enyinugget | April 9, 2018, 6:13 a.m. | Votes: 1 | [ VOTE ]
@dalexx | April 9, 2018, 6:39 a.m. | Votes: 2 | [ VOTE ]

I miss Bitshares and Steem...

@elysian-ely | April 9, 2018, 7:40 a.m. | Votes: 1 | [ VOTE ]

That´s a very well written article. Thanks for sharing!
In case you should be interested feel free to check out our project
-> http://bit.ly/Elysian_Steemit

@followme95 | April 9, 2018, 8:23 a.m. | Votes: 3 | [ VOTE ]

Great post. Thank you so much

@brothermic | April 9, 2018, 8:31 a.m. | Votes: 3 | [ VOTE ]

good advice!

@niiashaley | April 9, 2018, 8:36 a.m. | Votes: 1 | [ VOTE ]

Your post reveals the reality on the 'grounds' in the world of crypto. What crypto platforms will you recommend for beginners?
@cicbar

@cicbar | April 9, 2018, 10:01 a.m. | Votes: 0 | [ VOTE ]

I like NEO and EOS but I am not adviser, you should do your own research...

@grizgal | April 9, 2018, 9:27 a.m. | Votes: 3 | [ VOTE ]

I completely agree with your points. Most people have bought in having seen btc go up and expect to make huge money. Most don’t know anything about crypto.

@danuel505 | April 9, 2018, 10:45 a.m. | Votes: 1 | [ VOTE ]

Nice Information. Thanks for share.

@iloveyou52 | April 9, 2018, 11:35 a.m. | Votes: 0 | [ VOTE ]

I lost my fortune when I joined the coin lending market
[IMAGE: https://steemitimages.com/DQmfGE6qnMAzVxcGoEP9B26FTwnzqtRhQG9Q2x83fkuF2Uo/11111.jpg]

@profit-shooter | April 9, 2018, 11:46 a.m. | Votes: 1 | [ VOTE ]

Thank you for valuable staff and interesting article. It is always good to see when people apply efforts to what they do and this is surely must be rewarded!

@kumarbishnoi | April 9, 2018, 11:49 a.m. | Votes: 1 | [ VOTE ]

There is a quote that says "If you know what are doing in market(what are you buying or selling) really, then market will reward you. If you don't know what are really doing then market will throw you out sooner or later".

@rocketmining | April 9, 2018, 12:16 p.m. | Votes: 2 | [ VOTE ]

Great little guide, we believe in #ETH #ETC #LTC #DCR #SC

There are some companies where you can buy coins directly from miners like ours. We give 5% Bonus for every purchase, I've seen 10% one time on asian website, but my point is - if you thinking about serious investment, good offer, good choice of the service can give you extra security and lower the risks. Let say you brought ETH and switch it to coin X for daily trading. Now you can set up automatic sell order 5% lower and even if the price will go down and it will be executed, you won't loose any money. That's big advantege for trader.

You should also always watch on hidden fees. Something so simple as buying BTC for cash and sending it to the exchange can cost you well over 3% now days.

RocketMining http://rocketmining.ltd/

@gorec | April 9, 2018, 2:24 p.m. | Votes: 0 | [ VOTE ]

best app for view cryptocurrency stats and signals https://usignals.com[IMAGE: https://steemitimages.com/DQmRAvEkANBNJmKF9p7BU8RyZuAphr7v99W8KYQSZdmjLnC/image.png]

@aliamuskan | April 9, 2018, 2:40 p.m. | Votes: 0 | [ VOTE ]

FIA Recommends Govt to Declare Bitcoins Illegal in Pakistan https://steemit.com/steemit/@aliamuskan/bitcoin-news-in-pakistan-government-declare-bitcoins-illegal-in-pakistan-amazing-breaking-news please support and vote for bitcoin and share this post on twitter and Facebook and resteem here.

@edwardsun55 | April 9, 2018, 2:43 p.m. | Votes: 1 | [ VOTE ]

Здорово и толково
Спасибо.

@heyimsnuffles | April 9, 2018, 2:46 p.m. | Votes: 3 | [ VOTE ]

Just like everyone bought we would never move to credit card and plastic. People believe we aren’t moving to tokens. The movement is happening, the reasons and applications that we don’t fully understand yet WILL COME.

@ahmedjubayer | April 9, 2018, 4:35 p.m. | Votes: 1 | [ VOTE ]

Hey @cicbar, great post! I enjoyed your content. Keep up the good work! It's always nice to see good content

@daniele.sof | April 9, 2018, 6:04 p.m. | Votes: 1 | [ VOTE ]

If ethereum will be quick to adapt with the prof of stake, it will manage to beat the competition (EOS, CARDANO, NEO), otherwise it is destined to go out.

@clewis | April 9, 2018, 6:14 p.m. | Votes: 2 | [ VOTE ]

I'm new to the cryptoworld so any guides are always very much appreciated. A lot of this is common sense but I can see how people could get caught up in the FOMO of it all and invest beyond their means. I like the advice to only invest in a projects you believe in. Follow this advise and you will inevitably research it yourself rather that going on other people's hunches.

@paperquest | April 10, 2018, 12:35 a.m. | Votes: 0 | [ VOTE ]
@doquang | April 10, 2018, 2:31 a.m. | Votes: 1 | [ VOTE ]

very nice post. Thank you for sharing

@gvincentjosephm | April 10, 2018, 3:37 a.m. | Votes: 2 | [ VOTE ]

As long as blockchain technology or let's just say "technology" exist, crypto will exist too or it's the new age of tech. Skeptics may not be ready to accept it but they know it their hearts.

@meyrep | April 10, 2018, 3:44 a.m. | Votes: 1 | [ VOTE ]

Treat cryptos as one of the investment instruments in your portfolio. This is the key...

@des54 | April 10, 2018, 4:57 a.m. | Votes: 1 | [ VOTE ]

Good Guide, however I disagree with the 10-15 crytos.
As a newbie started investing cryto since nov 2017, I had my time of diversified into roughly 15 crytos, and i have spent lots of time into studying and analysing each coin. however i found myself totally lost track of which coin to buy/sell at the right time. For any unexperienced investors, i truly recommend to stick with 5-8 coins only. Try to understand the "type" of your coin as well, and try not to have all coins into the same "type". otherwise it is not really diversifying your portfolio. Just my opinion and hopefully can help anyone just started cryto.

@fauzantaulani | April 10, 2018, 6:32 a.m. | Votes: 1 | [ VOTE ]

Thanks for sharing my friend 😊

@fauzantaulani | April 10, 2018, 6:36 a.m. | Votes: 1 | [ VOTE ]

I really hope you visit my blog, I also hope you resteem and upvote my blog @cicbar :)

@tibrah | April 10, 2018, 8:48 a.m. | Votes: 1 | [ VOTE ]

great insight however, what is your take on POS coins? I believe so much in staking coins as another viable investment move.

@cicbar | April 10, 2018, 11:34 a.m. | Votes: 0 | [ VOTE ]

I like passive income 😁

@rishabh2s | April 10, 2018, 10:32 a.m. | Votes: 1 | [ VOTE ]

We need this kind of investor education in crypto. A lot of people get REKT coz they dont invest right and so this is a great break down of what DYOR actually meals

@georgeforeham | April 10, 2018, 3:01 p.m. | Votes: 2 | [ VOTE ]

Great article, I've smashed the upvote button for you!

More articles like this need to surface, crypto only gets it's true value through mass adoption.

If you are looking to get hold of some crypto without investing or mining, look into https://www.crowdholding.com. They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.

@conceptskip | April 10, 2018, 3:19 p.m. | Votes: 2 | [ VOTE ]

These guidelines really cover everything to consider when investing... all too often we only learn things the hard way good option might be to start with minimal amounts, to get a feeling for the market and the coin, as being invested already sharpens ones senses!

@steemitboard | April 11, 2018, 1:38 a.m. | Votes: 1 | [ VOTE ]

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@nyuntwin | April 11, 2018, 1:50 a.m. | Votes: 1 | [ VOTE ]

good post
thank brother @cicbar

@soethukyaw | April 11, 2018, 1:52 a.m. | Votes: 1 | [ VOTE ]

thank @cicbar

@kyawkyawko | April 11, 2018, 1:55 a.m. | Votes: 1 | [ VOTE ]

thank @cicbar

@soemoe | April 11, 2018, 1:56 a.m. | Votes: 1 | [ VOTE ]

thank brother @cicbar

@saisai7 | April 11, 2018, 1:58 a.m. | Votes: 1 | [ VOTE ]

amzing post
thank @cicbar

@thutazaw | April 11, 2018, 2 a.m. | Votes: 1 | [ VOTE ]

thank brother @cicbar

@yenaung7 | April 11, 2018, 2:05 a.m. | Votes: 1 | [ VOTE ]

good information @cicbar

@soepaing1 | April 11, 2018, 2:06 a.m. | Votes: 2 | [ VOTE ]

nice post
thank @cicbar

@ontheverge | April 11, 2018, 11:41 a.m. | Votes: 2 | [ VOTE ]

Diversification is HUGE, man. Resteemed.

@ontheverge | April 11, 2018, 11:48 a.m. | Votes: 2 | [ VOTE ]

@cicbar, ты можешь понимать мой русский? Ty mozhesh ponimat' moi russkiy?

@cicbar | April 11, 2018, 12:40 p.m. | Votes: 0 | [ VOTE ]

Serbian and Russian language has some similar words but it is hard for me to understand completely. I can assume meaning of some words...

@recordfoundation | April 11, 2018, 12:28 p.m. | Votes: 1 | [ VOTE ]

Nice content! Great tips. Check out my blog! https://steemit.com/@recordfoundation

@bumut | April 12, 2018, 3:21 p.m. | Votes: 2 | [ VOTE ]

Thank you for this meaningfull post.I am totally agree with all the rules you have mentioned...But a new starter must consider your fifth rule as the main rule. This one is so important that not only the new starters but also experienced people can ignore other rules... I consider the fifth one as the only 100% trustable one in this volatile market.

@tsharpaphi | May 20, 2018, 8:15 a.m. | Votes: 1 | [ VOTE ]

Thanks for breaking crypto down into an understandable format – two kind of cryptos – money and platform. Also firm believer in your 5th rule: "Never invest money that you can't afford to lose."

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