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I will advice those that want to invest in crypto currencies to invest only in well established coins that have good market capitalization and a strong market fundamentals. Consensus 2018 will lead to a minor price rise

Beautiful place where you recording your video. It kind of reminds me of our park where I live. “Home to me as well!” It does make sense that altcoins can give you a better return. However, it can as well take all your funds and disappear. In my opinion most newcomers open an account in Coinbase. At least that’s what I did. They find out that they can actually purchase bitcoin needing much less 💵 than they think. After while I started shopping in other exchanges once I found coins I liked. I do agree with you about bitcoin being necessity for any investor, at least a piece of it. Afterall to buy altcoins in most exchanges you need bitcoin anyway 😆.

They make this mistake as they treat it as a gamble as opposed to an investment. Buying up the low value shitecoins hoping that they double as opposed to making solid long term investments based on potential value. Great video fella, but why not on dtube ? lol

Bitcoin is the king of crypto and should be given the preference it deserves.
All hail King Bitcoin
Edit : love the new backgrounds

Anyone would have made the mistake actually because it may look potentially attractive to do but getting the picture right. It is not the best choice to go for lower coins.

Consensus 2018 may make prices go a bit higher but I believe It is a high risk, high reward world. My chip of advice is that before you dive all in on, ensure you adjust for your personal risk tolerance to make the right decision.

Well most would love to invest in bitcoin but can’t afford the price right now. I believe that each investment will yield something will bitcoin investment would turn a life around

Your altcoin investments should always be measured against Bitcoin to determine whether or not you generated value for yourself.

With cryptocurrencies, the benchmark is Bitcoin. But you shouldn't just think of your profits in terms of Bitcoin: You should also think of basic TA in Bitcoin levels too.

The reason for this is because all other cryptocurrencies see substantial amounts of volume from their Bitcoin cross-currency pair

Consensus 2018 is doing its best to bring newbies to crypto trade, this will help crypto grow as we can see BTC is showing some hike since the meet up...

This makes a lot of sense... Your explaining this concept so well! I'm a newbie in crypto and it's been so helpful to hear the explanation. @louisthomas.. I just watched this video based on you recommendation from the "2018"video. I appreciate the investing strategy you provide.

Bitcoin is the king of the crypto currency and will always remain. Investing in the new alt coins because of the low prices is sure a big mistake. I think people should invest after having proper knowledge and information about the crypto currency.

i believe in BTC and thinks its valuation relevant. if i'm not willing to invest in btc, but i like other blockchain projects....why would i measure against something i'd never invest in. i may not be hitting btc returns, but neither would i invest in btc.

a very good post @louisthomas. this is very useful for everyone, I really like the person who post discuss about Cryptocurrency, because I want to learn about it all, and can understand more about Cryptocurrency. Speaking of Bitcoin, I've read from some other people's articles about Bitcoin, they say that Bitcoin's price will rise 100% in the year 2018. What do you think? Will it all happen? If that's true, so many people will be happy in the world, but not with me, because I do not have Bitcoin, SBD alone I am very hard to get it. Thanks for sharing... :)

I believe the big and and stable coins should be the best bet for investors now. You know them you know how they behave. The new ones might rise or might not

I havn't watched that video but in that case it is certainly a good omen.

Yup, that kind of thinking is dangerous - that is trying to make a quick buck of the small coins. I myself have been through that experience and it is a huge trap. Bitcoin and Ethereum are the basis of a sound portfolio. Lindy effect is definitely in favor of theses two, particularly Bitcoin.
Bulls are still very optimistic for 2018 and we all have good reason too. For the the long term hopefully the bulls will get a firm foothold :-)

The newbie will think bitcoin is the most viable coin to invest some don't know there is some coins that you can start with and make cool money I think this involve a lot of research.

250k bitcoin... imagine that world :)

In the cryptocurrency, all the mistakes made by members of the group have also discussed that matter, the object is very important and I agree with each of your posts because you constantly posted enough knowledge about cryptocurrency and now there was a lot of market going bad in my mind Now investing cryptocurrency now will be stupid.

the biggest mistake they make in my opinion is that they don't do so much research

Without help of experienced mentor its very difficult to learn crypto trding

Hey, @louisthomas I believe that each investment will yield something will bitcoin investment would turn a life around.I appreciate the investing strategy you provide.

@LouisThomas totally agree with your conclusions on this point. However when investing in "racy" assets such as crypto it is easy to get seduced by the prospect of obscure alt-coins mooning. BTC is battle hardened and has an established community behind which gives it it's network effect. For these reasons I would say that BTC should be a pivotal part of a crypto investment portfolio.

Thank you for raising awareness of these things.

newbie investors will make mistakes no matter what, but we can control some of the damage by educating them :)

I agree with this @louisthomas I am also new and I have started using binance. I saw some videos on YouTube regarding how to trade and earn.
Well at first I was confused where to invest so I invested in Ether, but turns out it is difficult to trade using Ether as holdings.
Thanks a lot for sharing this video. I think I will try trading in a different way now.

Thank you for this educational video which educates newbies like me on cryptocurrencies and trading.

Discussing about bitcoin cryptocurrency is best, because bitcoin is always at peak,
And more people choose bitcoin to invest ..

You are a pretty cryptocurrency expert, I think the topic you are discussing in your YouTube video will play a very important role for this community.

Thank you for providing enough knowledge about cryptocarcanean, I think that the topic you are discussing is important for the community because the member can identify their correct problem.

Knowledge about cryptocarcanean knowledge is an important thing. You have enough knowledge about cryptocurrency and you know that for the right investment, I think you are a right market trader, because according to your knowledge you are quite a modest person in cryptocarrency, we should wait for the right market and When the cryptocurrency market comes in the right stage I Several of the amount should be invested in the right quantities, then we will be able to achieve profit.

Big IF for crypto as a whole but I'm sure we will see some big ICO's off the back of this

Actually you have a great point but the people that intend to invest into the system alright know the rick involve, the consensus of a thing won't be a difficult for them to accept, just like a must life reality. You opinion on crypto currency is always superb though it gives room to a lot of questions and argument whether it will actually happen or not. Bitcoin is not always to be option now things are changing and people actually have to change with it, Altcoin is actually lesser coin compare to bitcoin, but think of steem now, who know what the future will brings, in the next few years to come. It might have reached it peak just like when bitcoin started.

Your research work is always good enough and thus gives me more insight on crypto currency related issues. Thanks always.

BTC is indeed the leader.
BUT...in my opinion there are other coins with huge potential. It wouldn’t be a mistake for someone to invest in EOS or LTC.
Maybe it is just me,but i think those 2 coins will make major impact in the following years.

I aint an expert but getting in anything requires the knowledge of the desired subject, the mentality of thinking that others are doing so will I can ruin many things. While getting proper education on that particular field will allow to move easily.

Very well said @louisthomas. inded,maximum newbie crypto holders do mistake. Sometimes they have confused for crypto invest then they can't decided what they do. smaller altcoins give maximum time loss project by newbie cryptocurrency. you explain it very well with good logic. thanks for that.

Bitcoin is the king of crypto and should be given the preference it deserves.
All hail King Bitcoin

Great video. Its sound information for the new people coming in.

Great video and I agree I've always struggled with risk vs reward concept when it comes to alt gains vs Bitcoin long term and I think your right everyone needs a foundation in bitcoin and then a diverse portfolio of alts and projects. Thanks for all your videos!

While I think the market cap will increase as mote capital flows into the market, I believe that the winners will be more selective as valuations continue to depart from an intrinsic value that is still really uncertain. Therefore, I would expect the more establish projects that have delivered on their roadmap would outperform the market.

to make an investment with cryptocurrencies we must ensure that they are solid and secure

 7 years ago  Reveal Comment

Yes. You should probably see a doctor about that :(

lol.... may b adoc needs to see him