Topic: $26,000 to invest, any suggestions? - page 4. (Read 1300 times)

Yes, I know they exist and me saying another top 10 doesn't mean I'm voting for that meme coin. and I'm not strictly forbidding , I'm just giving advice, but the decision is still in their hands to choose my advice or ignore it if it doesn't make sense

I think that he's got more than $26k with his distribution into all of those coins and this $26k is just another spare that he's got. That's really a lot but if I have that much I'd just probably add to the distribution with the existing that he currently has and will add more into Bitcoin and a portion of it goes to ETH. BNB is also a good option IMO but it varies per investor and he might not like to have it and that's why he's asking for more. But on the safe side of investing, the current one he's got is enough for me.

May we know how much have you holding in this 4 coins? looks like it is more than that
26k to be added in your folio? anyway lets back to your question , if you are longing for another
altcoins then better to add CARDANO and of course Binance coin?but if you already have chosen
then mind letting us know also?

If you are asked to invest $26,000, you must invest in multiple coins. Investing in one particular coin will definitely leave you with a lot of risk.  So all coins should not be invested in any one coin. In this case, if I am asked to keep 26 thousand dollars in my portfolio, I will definitely emphasize on the following coins. Solana, ZetaChain, Bitcoin, finally Ethereum.

Thanks for the insight! Very helpful explanation!

Are you sure you can make a profit from all coins for now? Have you ever seen a coin that doesn't move at all even though other coins follow Bitcoin upward trend? So the need for useful research is to find out what coins need to be considered for investment

If you're thinking about investing $26,000, I'd suggest going for Bitcoin, Ethereum, Solana, LINK, and BNB. These coins have solid teams behind them and a good track record. It's better to stick with the tried-and-true ones rather than riskier new projects. Adding BNB could give your investment an extra boost, especially during bullish times!

Many of the previous folks have given you solid answers. If you want to gamble with some of the money, consider taking 1-2k and spreading it over a couple of trending meme coins. Otherwise, I recommend you stay with BTC/ETH.

any reason why not risk with memecoins? have you seen Dogecoin and Shiba Inu?are they Memecoin or not? are those coin is in rank 10 or not?
you said the other 10% will be channeled in top 10 meaning Memecoins are in the choices?
sometimes we are just commenting but not knowing what is the value and what will our post to contribute in the topic.

Bitcoin broke its previous all-time high record and entered a new ATH. As a result, the price of many alt coins has increased, as well as the price of new coins or tokens has also increased significantly. Investing in new coins right now is very risky because it is very difficult to choose which coin you will invest in and which coin you will get profit in the future. Meme Coins rise in value in the blink of an eye, so I think there is no point in just wasting money investing in such coins. I think investing in top coins such as Ethereum, BNB, Solana coins will be less risky because even though the coins are palming at this time, they are still well below their past highs.

Well I agree with you but currently all coins have changed their prices a lot because the market is pumping a lot but I think it is not reasonable to invest in unique coins except top coins like Bitcoin, Ethereum, Solana BNB because unique coins are very risky any time they  Prices may fluctuate or dumping may occur. It is better to choose the best coins/tokens to invest in. I see no reason to unnecessarily invest in a coin like Meme Coin because Meme Coin can drop its price anytime. If the once-in-a-lifetime goes down too much, your investment can suffer a lot.

Investing in any coin at present can definitely reap benefits from here. Any coin that has seen a massive price increase at the moment includes Bitcoin, Ethereum Coins, unique Altcoins that have pumped all the coins that exist in the market at the moment.

IMO, it will be similar to some of the cryptos in the space that are getting a lot of hype and I think this coming bull season will also get a lot of attention. I also made big profits with it in the previous cycle, but still evaluate it as a potential portfolio that can bring good profits, although I still do not forget the risks from it. So just put it in the risky category and don't have too many expectations, but I'm still watching and haven't seen many outstanding plans from the devs.

If I had to choose, I would also definitely avoid Meme Coin because I would not bet my money on it, especially with such a large amount. I prefer to put 60% in ethereum and 30% Bnb and the rest can be channeled into other top 10 altcoins because if it's for the long term it's better for me to have old altcoins because if it's a new project I'm not sure whether they will last long or not

Interesting... so I think the difference for Hydranet (HDN) is this:

Hydranet works by:

1) Allowing users to move their assets from any supported chain (BTC and EVM chains [ETH, ARB, BSC, etc]) to the L2 equivalent for that chain (Lightning for BTC, and state channels for EVM).

2) Through an order book, HDN connects users directly to facilitate swapping of assets over L2, including cross-chain (IE, BTC on Lightning for say ETH in a state channel)
  2a) So if I had BTC and wanted ETH, I move my BTC to lightning, and then I am able to trustlessly swap my BTC on lightning for someone else's ETH in a state channel. This swap is a virtually free L2 transaction (compared to on-chain fees for BTC or ETH which can be substantial) and I only have to pay a small DEX fee. It is also being completed in SECONDS versus minutes for say Thorchain on-chain swaps

3) At all times I maintain custody of my assets. There are no wrapped assets involved, and I can move my L2 assets back to L1 whenever I want.

4) Bonus: I can also swap say USDT on ETH for USDT on ARB, provided I start by moving my ETH USDT to a L2 state channel, then swap as above. Completed in SECONDS for low cost, certainly orders of magnitude less than current bridging solutions.

Is my understanding correct? If so, this DEX is very different than any other solution out there. It's a CEX like experience with the order books, but is a DEX where you never have to give up control, no wrapped assets, and can act as a cheap bridging solution, and completes swaps quickly in seconds. Almost too good to be true, and if all the above is correct, seems like a game changer to me.

from the start, i'm already invested in this. That info is wrong, there is no payment to token holders. The advantages of holding the token is % fees reduction for using the dex and beeing able to participate in the network as a guardian/titan (DYOR if you want to know what these functions are). There is no staking or free stuff from holding the token. One of the best advantages over Thorchain (from my point of view) is that transactions are done trustless, not with the usual third party actor. The product is already out, unfortunately as a downloadable app (which is frowned upon in the crypto world) so that's why because of their own inhouse developed tech, a webdex is on the works.

Hope this helps!

I think it is about His extra 2600 dollars that he had in Stable coin in which he wanted to add some other coins aside from those mentioned that sitting in his folio now.
have heard VLX from a group yesterday but i did not pay attention but since you have mentioned it here now , I guess I need to give a look .

Your portfolio is pretty good so what suggestions do you need here?

There are several new trends in action and you can research options that fit your portfolio.

But I'm also willing to suggest some names like Concordium, Gitcoin, DIA, VLX,... research them yourself to see if it fits your criteria.

Also, I agree with you to stay away from things like memecoin if you don't like them, but I'm not too against these things because I always accept the risks from them.

Honestly that's too much in alts.  Any portfolio that is less than 50% bitcoin is at risk of losing more than you gain.  Some of those alts are large cap so not a massive risk but the upside isn't much more than bitcoin to begin with.  I'm of the thought process that 80% or more shoukd be in bitcoin and gamble the rest on alts.  But that's just me.