How to Invest in Crypto Market Cycles | Chain Chatter #1
Hey everyone! Welcome back to season 2 of Chain Chatter! It's been a while since we did an episode of CC, but it's great to be back. This time we are giving a massive overhaul to the way we run the show.
The primary environment for the show is now on spaces. We also now have the popular feature of Threadcasts to run a live chat for the show directly on the Hive blockchain. The level of engagement that we can have directly on the Hive blockchain now is unprecedented, it's super fun and we gave away 1 month of free Leo Premium to ahmadmanga! Congrats!
In this episode of Chain Chatter, we talked about investing in crypto market cycles. Many of us have been here for more than 1 cycle. The current cycle is the 4th major cycle I've experienced since getting into crypto almost a decade ago. It's been a wild ride but I've learned a ton of lessons.
You'll find some amazing takeaways in this episode around:
- How to get started in crypto
- Earning vs. Buying vs. Both
- Creating goals for investing in crypto
- Where to spend your research time
- How to drive the best outcomes
- Observing the macro environment
- Much, much more!
We had an awesome speaker panel with @anomadsoul @taskmaster4450 and Bookerman from @wrestorgonline. Nifty and bitcoinman made special appearances as well!
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Posted Using InLeo Alpha
Very Good and Simple Discussion
I only listened to 10 minutes
I have to get my own notepad and write down while listening to the end
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Very good advice and simple ideas. Thank you so much for sharing your thoughts and advice on crypto investing in the light of your experience.
Since I am at the office when I see your post, I am not able to watch the video right now, but want to say that it's important to figure out the 8 points that you mentioned.
Especially on the point 1 "How to get started in crypto", many people have no idea how to get started even though they might heard the word, wallet, stake, exchange.
But all of them are the fragments to them and they don't know how to connect all of them to start up.
On point number 2, earning and buying at the same time is the best though, just like what I suffered on the stock before the crypto came out. I needed to spend my real money to buy stock while I was panic on the stock price change, took time to stare at the price very often daily, that made me easily sell them out when I have only little profit, say 3-4%.
But I was too painful to stop lost when suffering 10%+ lost, ended up I lost more than 50% on the stocks when I decided to leave.
With the earning and buying at the same time, you are less stressful as you will have potential earning on the platform, it could be writing post on here Hive, playing the other crypto earning apps which provide you additional funds regularly, let's forget the amount that you can earn, at least you can buy more when the price is lower without spending additional cash from your pocket.
Very informative discussion right here.
Would take the video one at a time so I can fully digest it all.