Topic: Alt Coins to buy with 200$ - page 20. (Read 7400 times)

According to crypto bloggers, we should invest in fundamental altcoins with good projects under them such as different DEXes (Uniswap, Sushiswap, Quickswap), blockchains (Tron, Bnb, Matic). I would recommend you to pay attention mostly to them. But also you can try to add something more risky like new altcoins. You can participate in IDOs and airdrops, but don't get carried away with it.

If you have a savings of $200, then it's better for you to research the right coin first for your own investment, the research is very accurate according to you so that it can really produce profits, and every time you invest, you are definitely ready for all the risks. accept it later, so with that kind of capital you are obliged to make decisions with your own beliefs, usually your own decisions are more accurate and precise

I will tell you that I seriously accept this advice. Taking risk is risky, and it is even more risky when we don't take at all.
But for me, speaking from experience, I will advice you look for a job that will be paying you either monthly or as the case may be. That doesn't stop you from investing into the Crypto market, but it rather puts you on the safe side. Having a backup of capital and what will keep your day to day activity going smoothly with much financial issue will help your crypto investment grow smoothly, otherwise, the mindset of withdrawing every little bit of profit will make your investment grow slowly.
As an investor, it is said that we look for the best and easiest way to make more profit, with the most minimal lost (cause losses are inevitable).
In crypto investment, making one's own research gives an edge on what to watch out for, how to trace the right project. Making the right choice on any project that will be promising, which will give a very good profit over time and that can make you some good bucks of money.

I recommend you to invest in MONI at this time, because I believe when the game is released, then the price of MONI will increase even higher than the current price and create a new ATH price, therefore now is the right time to invest in MONI, because currently the price of MONI is undergoing a correction, so you can buy it at a low price.

appreciation for you, already want to ease the burden on parents in paying school fees. it is better if the need is every month, it is not recommended to buy coins for long-term investments, but buying will be used in trading. if for the payment every year can be by investment.
To be safe because it's still new, it's better to buy top-ranked coins so you don't think too much at the same time learn to trade.

good advice to give to beginners, of course, if you want short-term investments, of course. I think that ethereum might be quite expensive I prefer BNB, ADA, DOT, SOL and AVAX are quite promising. Currently, it is safer to invest in short term because it is being increased. trading is indeed more promising but also very risky, but indeed there must be courage to do it.

maybe this is a step that he dares to take and we must also support him because if there was no courage from the start then he might be late and regret not doing it sooner. everything is clearly a risk but courage can also motivate him to try to learn and understand quickly.

I agree that although ethereum and BNB are definitely good coins to invest in as you said, they should also be given a good education that this is what will happen if you do this.

like you said that he will later be trapped and feel serious problems. precisely for this reason, he was given education that crypto is something that cannot be predicted, so that he can understand and analyze whether he wants to continue or not.

I don't think it's idea to invest in this crypto with he needs to pay fees and have some other stuff as well because any time he can stuck and this is not suitable place for him and his investment, better he can do some other work which help him for his regular use, and he is able to have his all stuff regularly without any serious trouble.

Even BNB and Ethereum are much solid but still as crypto nature is very unpredictable he can stuck and feel some serious trouble if he needs money in emergency.

Alright guys, what exactly is your purpose in buying crypto coins?. whether for long-term investment or for trading transactions. if for long term investment, buying btc and eth is the right choice. but if you are looking for daily income, you should buy developing coins such as TRX, Pancake and Matic. because this coin has a fast movement and has a price that is not too expensive at this time

helping parents with financial difficulties is a good thing, but you also have to know that investing in crypto has a high risk if you don't have knowledge of the market, I think you can divide the money into several of your investment portfolios, such as eth, bnb, or several Another altcoin that is indeed in the CMC 10 list.

Based on what you said, you can invest for the short term. Of course tuition fees continue to be required for each day or month. Maybe you should invest in BNB or Ethereum. Because these two coins are very active on the exchange, they are suitable for short-term investments. Maybe if you invest in Bitcoin, $200 capital is not worth the current very high Bitcoin price. Only the rest of the Bitcoin you can get with a capital of $ 200.

The request for the right altcoin to invest has been made almost five months back by OP. If he has invested on any of the low priced altcoins around the range 0.1$ - $1, now he might have took the profit out of it. Now it isn't good to expect short term profit. On long term focus one can choose Ada.

The crypto space is very unpredictable, even at that I would apparently invest all $200 in BNB.  It has lots of untapped potential. I've watched it rise from the bottom and am glad at it present price. I'm projecting it to rise further in a short time.

"You have to keep in mind that most of the meme coins currently circulating in the market right now have a high-risk rating and certainly won't last long. Just stick to those well-established and stable coins. The likes of ETH, ADA, LTC, BNB are excellent choices.
You might want to check out Stakenet's XSN as well. Another stable project that has been around since 2018. Has an impressive road map and white paper. Run by a transparent team of professionals and backed by a positive community. Certified rug proof."

Crypto market is volatile and risky also. So Do your own research (DYOR) before investment. As a new, always try to avoid any new project otherwise you can fall in scams. You can invest in top and good coins specially staking coins so that in any correction, you can even earn by staking. Hence CAKE (pancakeswap) or similar tokens can be a source of earn by staking.

It's no secret, if BNB is a good coin besides ETH that can provide benefits for those of us who invest. I mean, if you only have $200 to buy coins, then not for long term investment. Just buy BNB coins, then when the BNB price has gone up, then sell immediately. The proceeds from the sale can be added back into capital.

There are a lot of coins out there that has potential, you just have to read and do your research on most alts mentioned here. I will shill the alt that I have right now that has a lot of potential, which I believe is very undervalued right now. It's called AnRKeY X or ANRX. It just reached its ATH right now and I believe it will continue to go up

$200 is better if you just buy BNB coins. Your goal of $200 is incredible to me. You deserve to succeed. Try checking at CoinMarketCap or at Coingecko, the capital is $200. As for my advice, BNB is suitable.

Becoming an investor with small capital is often done by many traders, so you can have several altcoins that still have low prices and hold until they reach high prices. The altcoins I mean are COAL, CKB, CRE, DAX, DEP, BTT and POLKADOT. so I think it will benefit you if you invest in it. Of the several altcoins that I mentioned, they have been registered with several exchanges, one of which is listed on the indodax.com market.

One day you suggest Vulcan Forged (PYR), the other day you suggest PancakeSwap (CAKE). If the both altcoins shows growth, then why not suggest only one altcoin? CAKE looks slightly better, because investor gains profit only from price growth, but from staking also.

On the other hand, faixxall who asked for help, said that he is completely new to cryptocurrency and all that "staking" might cause difficulties for him.

I will give you some hint. Please do your own research before investing on any coin.
First try to buy coin which is available on Centralize exchange kike Binance,coinbase,kucoin,houbei,mxc etc.
2ndly try to invest in coin when you find it in dip.
3rd try to invest on Nft coin because now NFY coin becoming popular day by day

I recommend PYR for you to buy. this has a very good project. and their market is also getting stronger. the price continues to grow even though there are several downward movements.
I put the $500 I have for PYR. I believe this is a good asset for medium-term investment.