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Topic: Altcoin investment - page 10. (Read 1975 times)

full member
Activity: 812
Merit: 126
December 09, 2021, 08:01:22 AM
#49
I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

Well, nfts really are amusing. But if you have no idea on projects that are offering nfts then don't jump in so fast. I advice to equip yourself first with knowledge regarding nfts, how it works, nft marketplace, etc. that will surely give you enough ideas on how to work on them. And then search for the top nft projects with great community and support so you will get a lot of help from them too. And then little by little learn step by step, and there investment starts. Everything will follow and all your questions will be answered.
copper member
Activity: 389
Merit: 1
December 09, 2021, 07:52:18 AM
#48
It's not advisable to go into NFT, considering the fact that you're naive about it and NFT poses more risk. I believe you must have heard alot about NFTs and how people made a whole lot of money from investing in NFT, but even as there's tendency to make a whole lot from NFTs, there's still a higher tendency to lose from the same exercise.
tyz
legendary
Activity: 3346
Merit: 1530
December 09, 2021, 07:44:38 AM
#47
I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

My honest opinion from 10 years of crypto experience? Stay away from NFTs. The hype is in full swing or has perhaps already reached its peak. Every hype has ended sooner or later in the crypto sector and has always hit those who have held on too long or invested too late. NFT has its justification, without question, but the current prices are beyond good and evil. For long-term investments, I would rather rely on established coins and platforms.
hero member
Activity: 2870
Merit: 594
December 09, 2021, 07:40:38 AM
#46
Short-term investments are better if you immediately try coins like Ethereum, Binance Coin and Polygon (MATIC). In the past few weeks, Polygon has been moving very well and I think it is suitable for short-term investment. However, if you want to also try investing in NFT, try studying ENJIN or TEZOS.
I disagree though, coins like BTC, ETH, BNB and Matic should be for long term hold because they are a strong coins.

NFT's are just hype this year so I guess you can profit big short term but you have to be very careful as well as you might be trap if you continue to hold and be greedy. And that is the problem with beginners here in the altcoin market, they chooses coin for short term and hope to have huge dividends. However, when the money is there, they don't want to cash out and want more and often times those coins are suddenly going to experience huge dumps. And profits goes out the window for good.
hero member
Activity: 2604
Merit: 816
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December 09, 2021, 07:32:48 AM
#45
Altcoin are depends on Bitcoin when BTC pump all alts will pump when btc dip all alts will dip their price depends on Bitcoin
There are some altcoins that don't follow btc's pump.

But I agree to you that most of the altcoins, when btc pump, most of them are pumping too. We saw it many times and just as this bull run, many have pumped, thanks to bitcoin's push.
So that will make us have difficulty selecting which altcoin we should buy because we do not know which altcoin can get pumped following the bitcoin pump.

Maybe searching for the top 50 coins can be a good idea since those coins have a big chance to increase and back to the high price. I think it is better to stick to bitcoin and altcoin instead of searching for the NFT because it will be more difficult to find the right NFT tokens that can increase.
hero member
Activity: 2814
Merit: 578
December 09, 2021, 04:27:45 AM
#44
Altcoin are depends on Bitcoin when BTC pump all alts will pump when btc dip all alts will dip their price depends on Bitcoin
There are some altcoins that don't follow btc's pump.

But I agree to you that most of the altcoins, when btc pump, most of them are pumping too. We saw it many times and just as this bull run, many have pumped, thanks to bitcoin's push.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
December 09, 2021, 02:24:07 AM
#43
Altcoin are depends on Bitcoin when BTC pump all alts will pump when btc dip all alts will dip their price depends on Bitcoin
From a traders perspective that is the only thing that is important. But this should not be logic why one can enter in altcoins, keep in mind that altcoins are nothing more than quick cashgrabs for its owners and newly launched coins are doing just this. They have generic whitepaper and plan only to scam its own investors by pump and dump.

Since altcoins dont have any market making methodology of their own, their price is only fueled by BTC. Rarely do you see coins moving up due to some important development.

So if you are investing in altcoins as a trader, you are trying to go for the easy way out in trying to make money. Bitcoin would be the better choice for long term. If you are investing for the tech, then again you need to rethink what the owners tell and not buy everything they say. No altcoin is going to change the world or so.
sr. member
Activity: 1722
Merit: 252
December 09, 2021, 02:15:55 AM
#42
Seeing the number of altcoins available in the market allows us to maximize profit, as a trader of course I will divide 2 types of investments, namely short term and long term, for the long term I only invest 4 coins / tokens namely BNB, CRO, MATIC and TRON. and for the short term, which is less than 3 months, I invest coins that are trending and new listed coins like Shiborg, Goma Finance, etc.
sr. member
Activity: 1428
Merit: 250
December 08, 2021, 10:47:04 PM
#41
Best NFT Tokens To Buy Today Right Now
Coin 1 – Theta.
Coin 2 – Decentraland.
Coin 3 – Enjin.
Coin 4- Chiliz.
Coin 5 – Cryptokitties.
Coin 6 – Cryptopunks.
Coin 7 – Hashmasks.
Coin 8 – Sorare.
hero member
Activity: 2856
Merit: 644
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December 08, 2021, 05:27:53 PM
#40
I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

You should never invest your entire fund in a specific project, you can invest your funds in a few different projects. This will greatly reduce your risk of losing funds. Because if you invest in top coins, the risk of losing your funds there will be much less.
You may have seen during the recent market movement how the top coins have performed in the market. So you can see the results by sharing funds and investing in top coin and new NFTs projects.
At least there is a percentage that is for investment in other coins or better to include in your portfolio which coins to invest in but indeed the advice with some of the top types of coins is to reduce the risk of losing more.
Greater potential in investments that at a better percentage in my opinion are BNB, SOL, AVX or if you need to add ETH which is always stepping on the highest price.
hero member
Activity: 1750
Merit: 720
Top Crypto Casino
December 08, 2021, 05:10:48 PM
#39
I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

You should never invest your entire fund in a specific project, you can invest your funds in a few different projects. This will greatly reduce your risk of losing funds. Because if you invest in top coins, the risk of losing your funds there will be much less.
You may have seen during the recent market movement how the top coins have performed in the market. So you can see the results by sharing funds and investing in top coin and new NFTs projects.
full member
Activity: 1358
Merit: 104
December 08, 2021, 04:55:21 PM
#38
When you have to investment in crypto then you need to your plan.All depends on you short term and long term investment. For me long term investment is good for Newbie. Some top coin like ETH,BNB, And SOL are best coin for investment. I think these coin specially for long term investment.
member
Activity: 434
Merit: 11
December 08, 2021, 02:44:57 PM
#37
Altcoin are depends on Bitcoin when BTC pump all alts will pump when btc dip all alts will dip their price depends on Bitcoin
sr. member
Activity: 2106
Merit: 282
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December 08, 2021, 02:26:28 PM
#36
I heard the news of a good fairlauncher. You can check it: https://bosfiswap.com/fairlaunch/ Sales will soon begin to get cheaper at the beginning. NFT is usually used for long-term investments because it cannot generate instant profits bias also to be mined on a platform.
full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
December 08, 2021, 02:17:22 PM
#35
ethereum is the best choice but you can try Horizen also suitable for short term with minimum capital but remember to use analysis before you buy it ! you have to be active on the market to see the hot trend ,short term trading should be more focused and take some daily opportunities !
To find out the right token, then you have to be active in the market, at least you can see the movement of the token on any exchange, NFT has a good trend at the moment, almost 50% of NFT has good potential if you make a short term investment, but even so NFT must also you really know if you want to make a purchase, Horizen and Thereum maybe you can learn if you want and are interested in investing, it all really depends on your understanding.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
December 08, 2021, 01:59:03 PM
#34
I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas
Never Invest in currency that you have no deep knowledge , meaning you admit that there you are not unused to NFT so why venture in this?

why not invest in Higher currencies that has a safer position like Ethereum , Binance and Cardano?

try to keep your heads up in good coin than those you may have a High risk putting your money.
NFT which is popular and best-selling, what I know is that the capital is large, if you only have a little of what you have then it is better not to invest on the basis of NFT, you must have a strong soul to know it.

It's still better to invest in general in certain altcoins and also have a high increase, it's also better to look for the top because it will have value and is also quite stable, but what is certain is that the investment made must know how to analyze it for me this is very important.

@kotajikikox The coin you mentioned is the best altcoin at the moment.
sr. member
Activity: 533
Merit: 250
December 08, 2021, 01:37:59 PM
#33
I think altcoins that have a top 5 CMC rating are altcoins that have very good  potential for, besides having high popularity, these altcoins also have great opportunities to get returns in the long term, as for the altcoins that deserve your recommendation, namely BTC, ETH, BNB, SOL, and DOT, especially now that these coins are experiencing a decline and of course this is the right time to buy and start investing these coins.
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
December 08, 2021, 12:21:45 PM
#32
Before buying any coin or investing any coin planning is necessary either you want invest for long term or short,If you are expert in trading choose the coins having volatility like BNB.But if you want HODL then must know that it is era of NFTs and Metverse,There are many metaverse coins under value of $1 and having great future.Also keep in mind that invest the capital which you afford to loose and never invest all at one place invest in differnt coins.
member
Activity: 534
Merit: 19
December 08, 2021, 10:54:40 AM
#31
I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas
Well there are lots out there but I think the platform of Itsmyne is the best. The platform offers NFT's from legally registered sports team only which makes it very unique. They starting from Bollywood actors and Indian sports teams added by UAE and UK teams. You can check them out.
legendary
Activity: 2128
Merit: 1018
Next Generation Web3 Casino
December 08, 2021, 10:30:33 AM
#30
NFT has a very high risk, why not try coins that will be launched on well-known exchanges such as Huobi, Binance if for the short term.
but if you are in doubt it's better you invest in bitcoin, eth and bnb which I think are the current favorite coins for investment
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