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Topic: Altcoin investment - page 8. (Read 2031 times)

hero member
Activity: 1512
Merit: 874
December 17, 2021, 08:26:01 AM
#89
The basic concept of NFT is good and many projects from NFT are now successful. NFT's current success is mostly in the gaming sector. Investing in NFT types is good for the short term, but if you want to invest for the long term it is better in the top 10 altcoins based on ranking on coinmarketcap.com
Unless you know what you are doing I will argue that investing in NFTs for the short term is also not a good idea, since the market of NFTs has been silently crashing since the beginning of the year.

It is true there are still a lot of popular projects but we must remember that the capital of the people interested in those projects is not infinite and the number of scammers is so high that people have been scammed left and right and now the demand for the market of NFTs has dropped significantly, so unless you have an eye to determine which NFTs will become popular and you can resell for profit I would say that it is best for you to stay away from them and instead concentrate on the several good coins that we have in the market.
All need a strategy in avoiding losses in investment. The NFT I said is good for the short term because such projects are only temporary and can change depending on who will popularize it. That's why I say that the most comfortable investment is in top 10 coins. Investment in top 10 coins is multi-functional.
member
Activity: 252
Merit: 10
December 17, 2021, 03:05:33 AM
#88
There are many points to investing in Altcoin that if we don't survive then we will get a good profit from them so we will invest selectively and if we don't invest then we will lose then we will choose to invest  And I think it's better to invest considering everything.
jr. member
Activity: 50
Merit: 2
December 16, 2021, 09:21:55 PM
#87
There are more and more altcoins appearing in the crypto market. Not all altcoins are investment. It is necessary to understand and analyze which projects are worth investing based on the knowledge you have and spend more time on.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
December 16, 2021, 01:48:10 PM
#86
The basic concept of NFT is good and many projects from NFT are now successful. NFT's current success is mostly in the gaming sector. Investing in NFT types is good for the short term, but if you want to invest for the long term it is better in the top 10 altcoins based on ranking on coinmarketcap.com
Unless you know what you are doing I will argue that investing in NFTs for the short term is also not a good idea, since the market of NFTs has been silently crashing since the beginning of the year.

It is true there are still a lot of popular projects but we must remember that the capital of the people interested in those projects is not infinite and the number of scammers is so high that people have been scammed left and right and now the demand for the market of NFTs has dropped significantly, so unless you have an eye to determine which NFTs will become popular and you can resell for profit I would say that it is best for you to stay away from them and instead concentrate on the several good coins that we have in the market.
full member
Activity: 1036
Merit: 100
December 16, 2021, 12:58:10 PM
#85
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

Why don't you put it in potentially good crypto and rank in cmc ? such as Btc, ethereum, cardano and Bnb. in my opinion if you have a small capital like that it is very good if you are looking for profit in crypto-crypto as I mentioned this
full member
Activity: 1568
Merit: 100
COMBONetwork
December 16, 2021, 12:35:30 PM
#84
I wouldn't advise you to invest in NFT's these days because for me, they aren't well established yet and some of them are just being carried by too much hype. If you have enough funds for investment, you better invest it with top coins like Bitcoin and Ethereum which already have strong foundations. They're well developed and profitable and that's proven by lots of investors.
It's true for myself that investing in top coins is still a top choice and very worth it too,
for the long term there is no doubt that investing in coins such as ETH, BNB, DOT can be said to be promising,
but that goes back to the research that each person does
sr. member
Activity: 1022
Merit: 252
December 16, 2021, 12:13:05 PM
#83
Alt coin investment is better because they can give us easily 2x+ profit easily provided if bitcoin remain bullish I recommend always choose top alt coin like dot icp and many best coin available in market

It's not that easy..
There are a lot of altcoin drops more than 50% of their price in current bear market, especially for altcoin that only have under 100m marketcap.
So altcoin investing also need some deep research before doing it and easy 2x profits sounds too confident for me since there are thousands altcoin out there and we cannot do it "easy" to analyze which altcoin have the potential to growth
jr. member
Activity: 69
Merit: 1
December 16, 2021, 12:10:07 PM
#82
Alt coin investment is better because they can give us easily 2x+ profit easily provided if bitcoin remain bullish I recommend always choose top alt coin like dot icp and many best coin available in market
hero member
Activity: 1512
Merit: 874
December 16, 2021, 11:52:12 AM
#81
The basic concept of NFT is good and many projects from NFT are now successful. NFT's current success is mostly in the gaming sector. Investing in NFT types is good for the short term, but if you want to invest for the long term it is better in the top 10 altcoins based on ranking on coinmarketcap.com
full member
Activity: 1708
Merit: 126
December 16, 2021, 11:43:29 AM
#80
I wouldn't advise you to invest in NFT's these days because for me, they aren't well established yet and some of them are just being carried by too much hype. If you have enough funds for investment, you better invest it with top coins like Bitcoin and Ethereum which already have strong foundations. They're well developed and profitable and that's proven by lots of investors.
legendary
Activity: 2268
Merit: 1655
To the Moon
December 16, 2021, 11:39:55 AM
#79
The most promising investment since the last 5 years is altcoins, big profit opportunities make us worth investing in altcoins, but I recommend investing in coins that have a strong reputation and are ranked in the top 100 for the safety of our money.

Of course, if your goal is long-term retention, then the coins should also be selected from the top ones, since most new coins may stop in their development and not bring profit. But for short-term trading, it is these new coins that bring the maximum profit, which can amount to hundreds of percent.
full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
December 16, 2021, 11:06:40 AM
#78
I guess you are tired of endless censorship everywhere, just like millions of other people all over the world. ANOMUS  is the only project that can solve this problem. So be sure, ANOM tokens will grow as long as people don’t want to be deceived
I can see that you are so confident and optimistic about Anomus, have you analyzed correctly the development of Anomus in the future, many projects currently only rely on hype and influencers, plus promotions on social media are so big, but eventually they too will disappear and not exist a team that dares to take responsibility, personally I'm not so sure about Anomus.
newbie
Activity: 4
Merit: 0
December 16, 2021, 10:29:33 AM
#77
if you have small capital it is better to choose coins/tokens that are really profitable in the short term, such as trx, dogecoin and shiba, they are coins that are in great demand by investors and are coins that have tremendous potential.

What about FTM (Fantom)?
jr. member
Activity: 394
Merit: 1
XEGGEX
December 16, 2021, 10:07:47 AM
#76
if you have small capital it is better to choose coins/tokens that are really profitable in the short term, such as trx, dogecoin and shiba, they are coins that are in great demand by investors and are coins that have tremendous potential.
            
hero member
Activity: 2156
Merit: 685
December 16, 2021, 09:18:37 AM
#75
Normally, people prefer more reliable coins for short-term investments. They invest in fundamentally and technically strong coins such as Ethereum, bnb and SOL. I guess you want to take a little more risk. Definitely check out the immutable-X project as NFT. It offers layer2 service on the Ethereum network. When you buy and sell NFT in the market of this project, you pay almost no fee, I suggest you do your research for a project that has the potential to be valuable in the future.
sr. member
Activity: 2296
Merit: 256
December 16, 2021, 02:16:55 AM
#74
If you want to invest short-term I think you can follow the fairlauch that is usually held by new projects networked such as SOL, AVAX, MATIC and BSC. Usually this project has a high risk but if you benefit from a project like this then the profit is very high as well. Everything has its own risks.
hero member
Activity: 2170
Merit: 530
December 16, 2021, 02:11:48 AM
#73

In what way can you be known of an altcoin that have strong reputation and the same time be valuable, ranking does not show how will be altcoins project is looking like, because can be hype for good development but later run  it full of disappointment, knowing good coin is from the project not from the ranking, for i to invest in a coin i first incquire for the coin through internet to check if the coin will possibly do well.

I don't think there will be a specific way on how we can determine which altcoin have a strong reputation and will be valuable at the same time either than having proper research on that project, reading the project's whitepaper and, finding the use case of the project and assess it whether the project use case will going to be usable in the next following years. I personally don't believe on ranking or projects because some of them are being place on top because of the hype so it is much better to first make your own research about the project.
jr. member
Activity: 420
Merit: 1
December 16, 2021, 01:34:34 AM
#72
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 need to choose which blockchain network you will buy NFT from, you can use Polygon, solana and BSC networks for low fees, there are many NFTs in the crypto space, let me take an example
https://opensea.io/ there you can see many NFT from lowest price to highest price, if you want to choose staking NFT, use search button and you will get the NFT you want buddy
sr. member
Activity: 1330
Merit: 289
December 16, 2021, 12:11:42 AM
#71
The most promising investment since the last 5 years is altcoins, big profit opportunities make us worth investing in altcoins, but I recommend investing in coins that have a strong reputation and are ranked in the top 100 for the safety of our money.
In what way can you be known of an altcoin that have strong reputation and the same time be valuable, ranking does not show how will be altcoins project is looking like, because can be hype for good development but later run  it full of disappointment, knowing good coin is from the project not from the ranking, for i to invest in a coin i first incquire for the coin through internet to check if the coin will possibly do well.
member
Activity: 532
Merit: 11
December 15, 2021, 11:48:13 PM
#70
The most promising investment since the last 5 years is altcoins, big profit opportunities make us worth investing in altcoins, but I recommend investing in coins that have a strong reputation and are ranked in the top 100 for the safety of our money.
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