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Topic: Any advice for invest my first 600$ in altcoins? (Read 2135 times)

full member
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I will ask him to go with BNB, Ethereum, Solana coins with his 600 dollars. If he can move forward with all these coins I think he will profit well in the next bull season.
Yes I agree with you, $600 invested in BNB, Ethereum, Solana coins can generate good profits in the upcoming bull season. Ethereum price went above $4k, but has now taken a bit of a correction hovering between $3.4k and $3.5k, Bnb also rose above $630 this month. What surprised me the most was the Solana price hike, I didn't expect it to go over $200. The value of the coins seems to be falling as the price of Bitcoin is slightly lower. Hopefully the coins can set new records when the bull season starts at the end of the year.
sr. member
Activity: 364
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As far as I'm concerned, at $600, I think BNB is the best. That's because the potential price of BNB could also become very high in the near future. However, since you already own ETH and BNB, I think popular altcoins like SOL, ADA, and MATIC could be your choice. actually XRP is also quite good, but it seems like it will take a long period of time before the price rises.
XRP was once in a very good position and was the best investment but now XRP is not in a good position. While all the coins have improved their prices a lot during the current pumping season, XRP has not improved its price much. The only reason why its price has not improved is due to the negligence of the developers of the XRP coin. If developers could responsibly move their coins forward, maybe XRP would regain popularity and be trusted by people.

I will ask him to go with BNB, Ethereum, Solana coins with his 600 dollars. If he can move forward with all these coins I think he will profit well in the next bull season.
sr. member
Activity: 2226
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Hi just new to here. I want to know what are the good altcoins that can be invest and forget until 2026. I'm currently thinking to spend around 600$ for altcoins. Right now I'm holding BNB & ETH only as altcoins. Don't say buy BTC cuz already have nice amount since 2010.

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
If you invest without Bitcoin Ethereum and BNB your investment will be very risky. Since here you are ready to take risk then you can buy and invest in SUI, ARB, ID among all the coins mentioned here. But with this I am adding some more coins to you if possible you can buy all these coins if the bitcoin market is pumping it can give you a lot of profit the coins are PYR, NEAR, SOL, ISP, ENJ, TOMO etc.
I don't agree that bnb is a less risky investment than for example Ripple or solana. Bnb is not in the best situation now, because there is a lot of attention to the Binance exchange. No one is immune to a crash. Remember what happened with FTX and their tokens.
Correct, I agree with you, BNB is can't be considered as less risky investment, even there are no guarantee in the altcoins investment, Ethereum is very potential coin and people's trust it and it seems less risky investment to me. BNB is now good position, it's price increased but that's true it's achieved such big position because name of the Binance exchange.
legendary
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As far as I'm concerned, at $600, I think BNB is the best. That's because the potential price of BNB could also become very high in the near future. However, since you already own ETH and BNB, I think popular altcoins like SOL, ADA, and MATIC could be your choice. actually XRP is also quite good, but it seems like it will take a long period of time before the price rises.
sr. member
Activity: 1680
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If you already had a good amount of Bitcoin since as early as 2010 then you’re definitely rich because look at the price today. It’s soaring its ATH (although a little price reduction). BNB and ETH as well are doing great today, so holding them was a really good decision. As for the rest you mentioned, I don’t know about them, but if they are still alive, they should be in gain as well. Just know to not invest most of your money in altcoins you can’t really tell. Invest more in the popular and grounded ones and the balance can go for others.
member
Activity: 372
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You are Holding btc from 2010! Then it might be huge. Really wondering as because that time most of us unaware about btc. But if so, then you might have good knowledge about cryptocurrencies. Probably you are asking good altcoins names for analysis. Well from top altcoins, ada sol matic is best for investment. Can't say about Hook or ID but if you want more profit with more risk then SUI , ARB. Besides kucoin share, cake, fantom aptos available, you can check out those and careful during listing those in your portfolio as investment
hero member
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Quote from: nimogsm
I didn’t like Sui for one reason: at the very beginning there were a lot of scam projects, it seems that the scammers were just waiting for a new blockchain on which they could deceive people en masse
Mate, Sui isn't only platform where scammers use it to fruad, scam people. Scammers are in every platform, you just need to be careful instead of disliking. Thus you can unlock facilities from each altcoin when need. The interesting fact is, Sui & arbitrum, both of those coins raise up incredibly than others altcoins. I already added those two in my portfolio cause i believe still those have space to raise up more in upcoming days
Of course, scammers use various platforms. But it was Sui’s first steps that were accompanied by a huge number of scam projects, which played on the reputation of Sui himself. There are a lot of scam NFTs, problems with wallets and their security. All this was at the very beginning, now even after so much time I can’t name more than one successful project built on Sui most of them look very weak and unattractive.
If you have any interesting project built on Sui, please share it, I’ll be happy to read about it, thank you.
full member
Activity: 799
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Quote from: nimogsm
I didn’t like Sui for one reason: at the very beginning there were a lot of scam projects, it seems that the scammers were just waiting for a new blockchain on which they could deceive people en masse
Mate, Sui isn't only platform where scammers use it to fruad, scam people. Scammers are in every platform, you just need to be careful instead of disliking. Thus you can unlock facilities from each altcoin when need. The interesting fact is, Sui & arbitrum, both of those coins raise up incredibly than others altcoins. I already added those two in my portfolio cause i believe still those have space to raise up more in upcoming days
sr. member
Activity: 2184
Merit: 251
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Bitcoin has already crossed $50k and it continues as the halving is approaching. Against the price of a single bitcoin, $600 doesn't constitute a big profit. Keeping it in mind, it is good to focus on altcoins, particularly the altcoins on the top order priced less than a dollar. Surely you can enjoy a good profit this year. A few of them were suggested in the above post. Investing $600 when the price of bitcoin is at $50k and making another $600 when the price of bitcoin reaches $100k isn't big. If lucky, the same can be made out of a $100 investment in some altcoins.
Indeed. Investing $600 is too small for Bitcoin. If we want to get significant profits, we must wait for a longer time. But if we invest $600 to altcoins, there is a chance to gain profits significantly just in a few months. It is because the prices of altcoins are more volatile, it doesn't need Bitcoin halving to increase the prices. When there is good news on the project, the price easily skyrockets. Moreover, when the Bitcoin price increase quickly, the prices of altcoins also follow it. We can see many of altcoins are increasing their prices when Bitcoin crosses $50k today.

Well, I think it is better to invest in top altcoins with cheap prices if you only have $600. MATIC, ADA, XLM, TRX, and HBAR are some good options for the investment. However, it is my perspective, it is not an advice for investment! Always invest with your own analysis!  Wink


ETH is probably the best option out there since ETH ETF will be coming this year, hopefully. We can earn much if we want to use leverage on trading Bitcoin although the Risk is very high but I guess that risk is not far different from investing in altcoins, even top altcoins won't guarantee our profit if we look like FTT and LUNA. If ETH ETF comes this year we can see ETH price movement just like Bitcoin soon because when we see Bitcoin have ETH news it made Bitcoin gain more than 3x. 

lots major player will enter ETH ETF just like this: https://www.coindesk.com/business/2024/02/12/franklin-templeton-joins-ethereum-etf-race/
member
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Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
Tokens of your choice are of course much better. Which is expected to perform well in 2024. The investment strategy includes buying 50% of your core assets in Bitcoin and 30% in Ethereum (ETH) and the remaining 20% in other alt coins, but investing in Bitcoin and Ethereum (ETH) should be long-term.
legendary
Activity: 2450
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Bitcoin has already crossed $50k and it continues as the halving is approaching. Against the price of a single bitcoin, $600 doesn't constitute a big profit. Keeping it in mind, it is good to focus on altcoins, particularly the altcoins on the top order priced less than a dollar. Surely you can enjoy a good profit this year. A few of them were suggested in the above post. Investing $600 when the price of bitcoin is at $50k and making another $600 when the price of bitcoin reaches $100k isn't big. If lucky, the same can be made out of a $100 investment in some altcoins.
Indeed. Investing $600 is too small for Bitcoin. If we want to get significant profits, we must wait for a longer time. But if we invest $600 to altcoins, there is a chance to gain profits significantly just in a few months. It is because the prices of altcoins are more volatile, it doesn't need Bitcoin halving to increase the prices. When there is good news on the project, the price easily skyrockets. Moreover, when the Bitcoin price increase quickly, the prices of altcoins also follow it. We can see many of altcoins are increasing their prices when Bitcoin crosses $50k today.

Well, I think it is better to invest in top altcoins with cheap prices if you only have $600. MATIC, ADA, XLM, TRX, and HBAR are some good options for the investment. However, it is my perspective, it is not an advice for investment! Always invest with your own analysis!  Wink


hero member
Activity: 2310
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If you want to ask me to invest for today then i will consider bitcoin as a synonym because now the price of bitcoin has come down a lot but it is unstable. So if you can buy today you will get good profit very soon. Since you can't be sure to invest in altcoins because most altcoins have fallen in price out of concern. Besides i think only bull markets can actually change altcoins market situation.
You are absolutely right because now is an important time in the Bitcoin market where it will be easy to invest. The Bitcoin market will cross $50,000 very soon, so those who invest in it right now are likely to reap huge profits in the coming days. But besides Bitcoin there are some important and top favorite altcoins that can be invested in. In this direction, I would suggest investing in Solana, DogeCoin, Cardano, SEI, Ordi etc. altcoins along with Bitcoin investment. If Bitcoin crosses $100k in the future after the halving, there will be a potential of three to ten times the profit from the altcoins mentioned above.
Bitcoin has already crossed $50k and it continues as the halving is approaching. Against the price of a single bitcoin, $600 doesn't constitute a big profit. Keeping it in mind, it is good to focus on altcoins, particularly the altcoins on the top order priced less than a dollar. Surely you can enjoy a good profit this year. A few of them were suggested in the above post. Investing $600 when the price of bitcoin is at $50k and making another $600 when the price of bitcoin reaches $100k isn't big. If lucky, the same can be made out of a $100 investment in some altcoins.
full member
Activity: 448
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If you want to ask me to invest for today then i will consider bitcoin as a synonym because now the price of bitcoin has come down a lot but it is unstable. So if you can buy today you will get good profit very soon. Since you can't be sure to invest in altcoins because most altcoins have fallen in price out of concern. Besides i think only bull markets can actually change altcoins market situation.
You are absolutely right because now is an important time in the Bitcoin market where it will be easy to invest. The Bitcoin market will cross $50,000 very soon, so those who invest in it right now are likely to reap huge profits in the coming days. But besides Bitcoin there are some important and top favorite altcoins that can be invested in. In this direction, I would suggest investing in Solana, DogeCoin, Cardano, SEI, Ordi etc. altcoins along with Bitcoin investment. If Bitcoin crosses $100k in the future after the halving, there will be a potential of three to ten times the profit from the altcoins mentioned above.
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Activity: 821
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I think most of your capital is a good investment, but you can get amazing returns from bitcoin if you invest now and hold bitcoin until the bull market. However, criticizing altcoins may require a lot of naming but your money will be very small in terms of quantity. If you buy a few altcoins with small amount then the profit will not be much so bitcoin can be the best investment for you.
full member
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With $600, in terms of growth scope suitable for capital and feasible in terms of profit-making potential for it, it is SOL, BNB. Those are top and trustworthy coins, it is also suitable for bullrun and upcoming altcoin season. Buy and hold if you feel satisfied and suitable, remember the decision is yours.
legendary
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Personally, if I am already focused on ETH and BNB, then I will focus on increasing it, and use other altcoins to increase profits in the short term and to invest in ETH and BNB.
If your goal is long term, then these two coins are very good to have. However, if you want to add some altcoins, then from the choices you gave me I would choose ARB. However, I think ETH and BNB are enough, especially if your goal is 2026. Besides, it would be quite good if you increase your investment little by little until your target price is reached.
sr. member
Activity: 2422
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If you want to ask me to invest for today then i will consider bitcoin as a synonym because now the price of bitcoin has come down a lot but it is unstable. So if you can buy today you will get good profit very soon. Since you can't be sure to invest in altcoins because most altcoins have fallen in price out of concern. Besides i think only bull markets can actually change altcoins market situation.

Bitcoin is a lucrative investment, but significant profits require buying in large quantities, which requires a lot of capital.
And OP said he has been buying and holding a nice amount of BTC since 2010.
Altcoins are another option to choose for those with less money.
Altcoins like Matic and EGLD are other options that look good right now, as they still have a lot of room to grow. IMO
full member
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You said you are new here and you said you don't want anybody to advise you to buy BTC or do you hear anything bad about BTC because, BTC still remain the king among other cryptocurrencies over some years now and many investors that always embrace it from the market has enjoyed a lot of gain from the investment.

Since you said you don't want to invest in BTC and you have  already invested in Ethereum and BNB, I will advise you to invest in Solana because the price is still low for you to buy and hodl for bull run to come before you can sell to make a good profits.
member
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Hi just new to here. I want to know what are the good altcoins that can be invest and forget until 2026. I'm currently thinking to spend around 600$ for altcoins. Right now I'm holding BNB & ETH only as altcoins. Don't say buy BTC cuz already have nice amount since 2010.

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
You can stay with Ethereum to invest your $600. I don't know how good the unique coins will be for the future but if you can buy Ethereum and hold it for a long time I believe you will have a lot of success. I want to tell you to look at Ethereum instead of looking at unique coins and invest and hold hope you will be very successful.
hero member
Activity: 1232
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Altcoins you have selected, are good to go for investment. But You just need to buy those altcoins at perfect time. If you already buy those altcoins, then it'll be good. Cause arb already increased a lot. So for SUI, recently attract a lots of investors. HOOk & ID still okey to go. But in March arb will unlock their supply. So possible dump might be coming in arb value. So don't be panic if you are holding decent amount of arb. And if you want to buy more arb then i advised you to buy later

By investing in major altcoins for only 600$ won't change the life. So it will be better to gather more funds that can be invested in various crypto projects. There are a few ways that can be used to raise funds from that small capital and from that, the most effective way is to farm airdrop. There will only be some transaction costs, and the potential gain can be above a few thousand dollars from only one project. And if you are lucky enough you can manage to gain funds above 10k.
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