Kakashi2020 Posted May 17, 2018 Share Posted May 17, 2018 I just want to know what's the safest way of investing into Cryptos? What are the step by step procedure in investing in coins? Where actually is the best places to get or buy coins? Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/ Share on other sites More sharing options...
Martinsx Posted May 17, 2018 Share Posted May 17, 2018 I think that the best way to invest in cryptocurrency is to make sure that you buy from trusted cryptocurrency exchange sites. There are so many of them out there, be careful because there are so many scam sites flooding the internet as promising to sell cryptocurrency but would end up duping people. If you are looking at buying cryptocurrency, go for the use of Coinbase or Binance. 1 Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-530 Share on other sites More sharing options...
EfficientNinja Posted May 17, 2018 Share Posted May 17, 2018 6 hours ago, Kakashi2020 said: I just want to know what's the safest way of investing into Cryptos? What are the step by step procedure in investing in coins? Where actually is the best places to get or buy coins? I agree with @Martinsx. I would also add that you should invest in the most reliable Crypto like Bitcoin and Ethereum. Investing in smaller crypto would be riskier. You can also go for long-term investment if you are able to buy the crypto of your choice at a low price. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-532 Share on other sites More sharing options...
Steve5 Posted May 18, 2018 Share Posted May 18, 2018 On 5/17/2018 at 5:19 PM, Martinsx said: I think that the best way to invest in cryptocurrency is to make sure that you buy from trusted cryptocurrency exchange sites. There are so many of them out there, be careful because there are so many scam sites flooding the internet as promising to sell cryptocurrency but would end up duping people. If you are looking at buying cryptocurrency, go for the use of Coinbase or Binance. Trusted exchange sites ensure that you don't waste your money. It's great to know that there are trustworthy sites. The reason we're investing is to make more money. Not lose more on scam sites. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-556 Share on other sites More sharing options...
Martinsx Posted May 18, 2018 Share Posted May 18, 2018 10 hours ago, Steve5 said: Trusted exchange sites ensure that you don't waste your money. It's great to know that there are trustworthy sites. The reason we're investing is to make more money. Not lose more on scam sites. Exactly, it's actually the reason why it's best to deal with trusted exchange sites like Binance and Coinbase when it comes to investing in cryptocurrency. There are lots of positive reviews by so many people around the world on how good both Binance and Coinbase are when it comes to dealing on cryptocurrency trading. It's the best way to deal. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-570 Share on other sites More sharing options...
Kakashi2020 Posted May 19, 2018 Author Share Posted May 19, 2018 On 5/17/2018 at 5:49 PM, EfficientNinja said: I agree with @Martinsx. I would also add that you should invest in the most reliable Crypto like Bitcoin and Ethereum. Investing in smaller crypto would be riskier. You can also go for long-term investment if you are able to buy the crypto of your choice at a low price. I'll try opening a coinbase account but I need to study it first to know how much is the minimum amount I can invest in and what would be the minimum withdrawal etc. Is there another trusted site like coinbase around so that I can have a comparison? Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-578 Share on other sites More sharing options...
Steve5 Posted May 19, 2018 Share Posted May 19, 2018 13 hours ago, Martinsx said: Exactly, it's actually the reason why it's best to deal with trusted exchange sites like Binance and Coinbase when it comes to investing in cryptocurrency. There are lots of positive reviews by so many people around the world on how good both Binance and Coinbase are when it comes to dealing on cryptocurrency trading. It's the best way to deal. These reviews show that they're legitimate. Lots of users are wary of investing with little to no proof of security. Real reviews also give people some idea of what to expect once they invest their money on it. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-588 Share on other sites More sharing options...
Martinsx Posted May 19, 2018 Share Posted May 19, 2018 54 minutes ago, Steve5 said: These reviews show that they're legitimate. Lots of users are wary of investing with little to no proof of security. Real reviews also give people some idea of what to expect once they invest their money on it. It's true my friend @Steve5, personally I would never invest in anything without having concrete evidence that it's real and legit. I have actually taken up an investment once based on trust without looking for reviews and possibly testimonials and it turned out to be scam and a bad investment on my part. After that incident, I vowed never to make any investment ever again without having all the facts at hand it's legit. 1 Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-593 Share on other sites More sharing options...
Steve5 Posted May 20, 2018 Share Posted May 20, 2018 20 hours ago, Martinsx said: It's true my friend @Steve5, personally I would never invest in anything without having concrete evidence that it's real and legit. I have actually taken up an investment once based on trust without looking for reviews and possibly testimonials and it turned out to be scam and a bad investment on my part. After that incident, I vowed never to make any investment ever again without having all the facts at hand it's legit. I believe experience is the best teacher. Failure can also be the best motivator. I'm sure lots of us have experienced being had in unfair deals and such. It's these experiences that motivate us to find actual evidence before making our next investment. 1 Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-613 Share on other sites More sharing options...
Kakashi2020 Posted May 20, 2018 Author Share Posted May 20, 2018 On 5/17/2018 at 5:19 PM, Martinsx said: I think that the best way to invest in cryptocurrency is to make sure that you buy from trusted cryptocurrency exchange sites. There are so many of them out there, be careful because there are so many scam sites flooding the internet as promising to sell cryptocurrency but would end up duping people. If you are looking at buying cryptocurrency, go for the use of Coinbase or Binance. I've seen both Binance and Coinbase sites already and it's like complicated, you can deposit money to buy Cryptos and you can also store cryptos in it serving as a wallet but it becomes foggy when it comes to selling and withdrawals. I have to check the sites again. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-614 Share on other sites More sharing options...
Martinsx Posted May 20, 2018 Share Posted May 20, 2018 1 hour ago, Kakashi2020 said: I've seen both Binance and Coinbase sites already and it's like complicated, you can deposit money to buy Cryptos and you can also store cryptos in it serving as a wallet but it becomes foggy when it comes to selling and withdrawals. I have to check the sites again. Alright, let me not over stress about how good both Coinbase and Binance are when it comes to being the best cryptocurrency exchange site we have today. Just take your time and research more about both the exchange sites and then you can reach a definite conclusion on your own. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-618 Share on other sites More sharing options...
Martinsx Posted May 20, 2018 Share Posted May 20, 2018 1 hour ago, Steve5 said: I believe experience is the best teacher. Failure can also be the best motivator. I'm sure lots of us have experienced being had in unfair deals and such. It's these experiences that motivate us to find actual evidence before making our next investment. Yes exactly, I completely agree with you on this about saying that failure can be a good motivator. It's actually a weak minded and less determined person that quits for meeting with failure. These failures serves as a lesson to observe when making another business investment decision and plans. So we learn from our mistakes and make a better decision next time. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-619 Share on other sites More sharing options...
Steve5 Posted May 21, 2018 Share Posted May 21, 2018 23 hours ago, Kakashi2020 said: I've seen both Binance and Coinbase sites already and it's like complicated, you can deposit money to buy Cryptos and you can also store cryptos in it serving as a wallet but it becomes foggy when it comes to selling and withdrawals. I have to check the sites again. Me too. I find it complicated. Not impossible. But definitely needs thinking. It's probably the case for any sort of investment. You have a lot to think about. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-645 Share on other sites More sharing options...
Martinsx Posted May 21, 2018 Share Posted May 21, 2018 45 minutes ago, Steve5 said: Me too. I find it complicated. Not impossible. But definitely needs thinking. It's probably the case for any sort of investment. You have a lot to think about. You just need to take time and study both sites - Coinbase and Binance and you would definitely be convinced of its operations. I have friends in both US, UK and Netherlands who makes use of these sites and they haven't complained one day about having a doubt over the exchange site. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-651 Share on other sites More sharing options...
Kakashi2020 Posted May 26, 2018 Author Share Posted May 26, 2018 On 5/21/2018 at 5:09 PM, Martinsx said: You just need to take time and study both sites - Coinbase and Binance and you would definitely be convinced of its operations. I have friends in both US, UK and Netherlands who makes use of these sites and they haven't complained one day about having a doubt over the exchange site. I already made an account in Coinbase and it's says processing time is 48-72 hours, so I guess I have to wait to see what happens next. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-757 Share on other sites More sharing options...
Steve5 Posted May 26, 2018 Share Posted May 26, 2018 On 5/21/2018 at 5:09 PM, Martinsx said: You just need to take time and study both sites - Coinbase and Binance and you would definitely be convinced of its operations. I have friends in both US, UK and Netherlands who makes use of these sites and they haven't complained one day about having a doubt over the exchange site. I wonder how long it'll take newcomers to fully understand it. But I think you're right. They sound legitimate and trustworthy. I hope more people try them out instead of being scammed by other websites. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-767 Share on other sites More sharing options...
Henrywrites Posted May 30, 2018 Share Posted May 30, 2018 On 5/17/2018 at 10:49 AM, EfficientNinja said: I agree with @Martinsx. I would also add that you should invest in the most reliable Crypto like Bitcoin and Ethereum. Investing in smaller crypto would be riskier. You can also go for long-term investment if you are able to buy the crypto of your choice at a low price. Bitcoin seems the safest bet for me as long as you are looking for a coin that when you invest, you are going to have better returns on investment in the future. That is not to say that those that invest in other types of coins are not doing the best thing that they feel is right. However, like you said, Bitcoin seems the best for me. Quote Link to comment https://slingbank.com/forums/topic/350-what-is-the-best-method-in-investing-into-coins/#findComment-869 Share on other sites More sharing options...
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