Any advice for invest my first 600$ in altcoins? - page 5.

carlisle1

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Quote from: martinex on July 03, 2023, 01:34:27 PM

Quote from: BaeSuzy on July 03, 2023, 04:25:04 AM

The best advice for you is better just stick with the hype. AI coins is so hype right now, try to find more information about FET and AGIX you will be amazed with the project and i think both of this coin is gonna be lit in the next bull run.

I think that's fine too. it's better to stay on BTC and ETH only. that has been tested and proven effective. Then, if the AI hype disappears, is there any guarantee that they will last as long as BTC and ETH? yes. This is not a suggestion, but, choose what is certain and has been implemented by many people even though on the other hand investing in hype coins also has the potential to take profit.

The need of doing a deeper research is a must as there are many projects that being used for the hype but with doing your
own research and study, you'll be able to sort it out.

There are established projects and we know that the good examples are Bitcoin and ETH. Both coins are being supported not
just by hypes but also by the development that already being provided and continue being used and enjoyed by many investors and traders.

shinratensei_

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Quote from: o48o on July 03, 2023, 05:26:23 PM

Quote from: panjay on July 01, 2023, 06:05:43 AM

-cut-
Oh man..if you ask in here people will just shill you their own bag..
-cut-

Thing is if you ask investing advices from anywhere, you get people shilling their own bags. Sadly newcomers often don't have a clue to do their own research. That too requires some skills and experience to compare projects with each other. So, before they learn that skill, they can only ask questions, but they don't know who to trust. And even if they did know who to trust these avdisors could be wrong as well.

thats just how it is, everyone wanna promotes the bag they are holding for the reason that they gonna create some potential exit liquidity for them.
if the advice seemed not good enough then simply just invests in those coin that are high ranked that already guaranteed to be good, among them is bitcoin and ethereum.
they are most certainly really good investment in the long run, if you are in full doubt of what people here are advising in general, other than that I think to make your own research but that of course will force you spent some efforts.

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Quote from: dothebeats on July 03, 2023, 05:22:09 PM

Quote from: jossiel on July 03, 2023, 04:56:39 PM

Quote from: BaeSuzy on July 03, 2023, 04:25:04 AM

The best advice for you is better just stick with the hype. AI coins is so hype right now, try to find more information about FET and AGIX you will be amazed with the project and i think both of this coin is gonna be lit in the next bull run.

He wants to hold it until 2026 and I don't think that's a good idea to stick with the hype if he's long term on this market.

The best idea is to buy bitcoin and hold it until that time comes. $600 won't get him a whole bitcoin but soon, we'll see the bull run and we don't know if it's going to be doubled or tripled or more than that.

Rest assured that he'll stick to the stability that bitcoin has and whatever will be the trend, bitcoin is here to stay.

This is what I don't like on coins that are purely built on hype and not actual value: they crumble so fast that they don't hold that much valuation as time passes by. These assets are risky, and I wouldn't really keep my money on the same asset for a long time. You're right, it's best to invest in bitcoin and keep it for a long time and you'll have a higher chance of getting some worthy profits and returns. Also, if ever it doesn't perform well at a certain time period, you can hold on your bags and still expect to get something out of it in the next few months or so.

True.

We've seen series' of it in the market and you're lucky if you're present on it and managed to take profits. But unlucky if you're just buying it at the end when it's almost done.

You work hard so that you can have money to invest and it will just be eaten by that hype eventually when it's gone and you're too late for it. That's why stick to the assets that you have a better confidence than of these.

We're not telling them to stop because it's their money and it's their rules but, based on everyone's experience throughout the market. There are some lessons that they can take from it.

o48o

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Quote from: panjay on July 01, 2023, 06:05:43 AM

-cut-
Oh man..if you ask in here people will just shill you their own bag..
-cut-

Thing is if you ask investing advices from anywhere, you get people shilling their own bags. Sadly newcomers often don't have a clue to do their own research. That too requires some skills and experience to compare projects with each other. So, before they learn that skill, they can only ask questions, but they don't know who to trust. And even if they did know who to trust these avdisors could be wrong as well.

dothebeats

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Quote from: jossiel on July 03, 2023, 04:56:39 PM

Quote from: BaeSuzy on July 03, 2023, 04:25:04 AM

The best advice for you is better just stick with the hype. AI coins is so hype right now, try to find more information about FET and AGIX you will be amazed with the project and i think both of this coin is gonna be lit in the next bull run.

He wants to hold it until 2026 and I don't think that's a good idea to stick with the hype if he's long term on this market.

The best idea is to buy bitcoin and hold it until that time comes. $600 won't get him a whole bitcoin but soon, we'll see the bull run and we don't know if it's going to be doubled or tripled or more than that.

Rest assured that he'll stick to the stability that bitcoin has and whatever will be the trend, bitcoin is here to stay.

This is what I don't like on coins that are purely built on hype and not actual value: they crumble so fast that they don't hold that much valuation as time passes by. These assets are risky, and I wouldn't really keep my money on the same asset for a long time. You're right, it's best to invest in bitcoin and keep it for a long time and you'll have a higher chance of getting some worthy profits and returns. Also, if ever it doesn't perform well at a certain time period, you can hold on your bags and still expect to get something out of it in the next few months or so.

jossiel

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Quote from: BaeSuzy on July 03, 2023, 04:25:04 AM

The best advice for you is better just stick with the hype. AI coins is so hype right now, try to find more information about FET and AGIX you will be amazed with the project and i think both of this coin is gonna be lit in the next bull run.

He wants to hold it until 2026 and I don't think that's a good idea to stick with the hype if he's long term on this market.

The best idea is to buy bitcoin and hold it until that time comes. $600 won't get him a whole bitcoin but soon, we'll see the bull run and we don't know if it's going to be doubled or tripled or more than that.

Rest assured that he'll stick to the stability that bitcoin has and whatever will be the trend, bitcoin is here to stay.

martinex

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Quote from: BaeSuzy on July 03, 2023, 04:25:04 AM

The best advice for you is better just stick with the hype. AI coins is so hype right now, try to find more information about FET and AGIX you will be amazed with the project and i think both of this coin is gonna be lit in the next bull run.

I think that's fine too. it's better to stay on BTC and ETH only. that has been tested and proven effective. Then, if the AI hype disappears, is there any guarantee that they will last as long as BTC and ETH? yes. This is not a suggestion, but, choose what is certain and has been implemented by many people even though on the other hand investing in hype coins also has the potential to take profit.

BaeSuzy

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The best advice for you is better just stick with the hype. AI coins is so hype right now, try to find more information about FET and AGIX you will be amazed with the project and i think both of this coin is gonna be lit in the next bull run.

kamvreto

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MAaaN...!! CUT THAT STUPID SHIT

Quote from: panjay on July 01, 2023, 06:05:43 AM

Quote from: Princess_Devi on April 26, 2023, 10:24:51 PM

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

Oh man..if you ask in here people will just shill you their own bag..

Just go for ETH/BNB/SOL for the major and do your own research, in the past weeks some sectors gains more than others one. So focus on the major and looks for the clue like coingecko and stuff for any other clue.

Well that's what will happen, someone will only give what they fill in their bag and not what is really good to invest. ETH, BNB, SOL and others are the top coins and these are the coins that almost all the members here recommend. Moreover, ETH is the main altcoin that I choose for the long term. The $600 that OP has is quite large, it will give him an advantage if he holds a potentially good coin in the future. so focusing on research and looking at the various leads on websites like Coingecko and Coinmarketcap is the first thing to do.

deean_3one

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Quote from: Princess_Devi on April 26, 2023, 10:24:51 PM

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

Wow, it's impressive to know a number of coins that you have ranging from bitcoin, BNB, to Ethereum.
From some of the options you gave, maybe I will invest some money into ARB. And maybe the rest I will put in eth. Because, storing eth for a long time is more soothing when compared to holding other Altcoins. In addition, the price of eth will also soar following bitcoin.

panjay

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Quote from: Princess_Devi on April 26, 2023, 10:24:51 PM

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

Oh man..if you ask in here people will just shill you their own bag..

Just go for ETH/BNB/SOL for the major and do your own research, in the past weeks some sectors gains more than others one. So focus on the major and looks for the clue like coingecko and stuff for any other clue.

v3liana

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I think you can considering to buy Cardano. For me Cardano has the most promising design and Cardano probably has THE most user friendly staking protocol. I love how low barrier to entry and easy to use it is, plus it's a lot more secure than etherum.

evichi

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In order to invest wisely, it is important to make a careful research and rely on the decisions you have made. So far, in my opinion, your choice of SUI, ARB is okay. In addition, I will choose MATIC, SOL, APT, OP and ADA, just my opinion. It is also important to determine the best time to buy and also the best time to sell to maximize profit. Altcoin investment is a high risk one, so it is advisable to invest only what you can afford to loose and remember not to put all your eggs in one basket.

BatonNakroshil

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If you're looking for new NEON might be a great pick (NeonLink) keep your eye on web3 projects
Nowadays it's important to understand that you gotta follow the trends or look for the projects that will create a trend for others to follow

Hypnosis00

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Quote from: petulino on June 24, 2023, 06:54:32 AM

Quote from: monineklutak on June 18, 2023, 07:29:44 AM

my recommendation for you is Chromia (CHR) because this altcoin has dropped from -92% ATH,
so it is very suitable for investment.

I think whenever investing you should always remember to never use your entire capital in one coin. Crypto currency market is very risky market where even good coins have crashed. Therefore, always divide your capital into different coins. Thus, even if one project fails, your entire capital will not be lost. Another important thing is that you should never invest your entire capital at one time. One should try to ensure their entry whenever the coin price falls.

In short, don't put all the eggs in one basket.
Having suggested spreading it in 2-3 different coins to have at least some assurance that whatever happens to the other project we still have money left and have the chance to recover our losses. But the best thing to do is to invest ONLY potential altcoins, not shitcoins, and those projects that are hyped as they do not pertain to long-term investment, they'll just stay short and have no assurance of ROI.

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Quote from: monineklutak on June 18, 2023, 07:29:44 AM

my recommendation for you is Chromia (CHR) because this altcoin has dropped from -92% ATH,
so it is very suitable for investment.

I think whenever investing you should always remember to never use your entire capital in one coin. Crypto currency market is very risky market where even good coins have crashed. Therefore, always divide your capital into different coins. Thus, even if one project fails, your entire capital will not be lost. Another important thing is that you should never invest your entire capital at one time. One should try to ensure their entry whenever the coin price falls.

Many coins in the market have fallen well below their all-time highs at the moment. It will be a very profitable investment in bull season if different top and good coins of market are selected.

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Quote from: Epaper on June 23, 2023, 11:43:05 AM

I think that your way of investing in BNB and ETH is the right move. As we know, BNB and ETH are very good altcoins to invest in because these two altcoins have strong fundamentals that allow us to reap satisfying profits.

bnb and Eth are more reliable than altcoins. If you invest in them, there is never any risk of losing money. If you are in loss of invested money after investing, if you can wait patiently for some time, then you can make profit from here. But most of the time our We lose money due to our own mistakes. So I think before investing,

Epaper

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I think that your way of investing in BNB and ETH is the right move. As we know, BNB and ETH are very good altcoins to invest in because these two altcoins have strong fundamentals that allow us to reap satisfying profits.

Marykeller

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Quote from: Princess_Devi on April 26, 2023, 10:24:51 PM

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

And you believe that the quantity of bitcoin you currently own is sufficient and you don't need to buy more. That's your business anyway but I want to remind you despite the fact that some investors hold up to 10BTC and above, they still choose to purchase more bitcoin over altcoin.

What am trying to let you know in essence is that, bitcoin is the preferred investment to make as part of a long-term investment strategy over altcoin, whose future position in the crypto market you don't know.

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Quote from: monineklutak on June 18, 2023, 07:29:44 AM

With that much capital, of course you are better off investing in altcoins,
because altcoins can make you achieve high profits when the bullish season arrives,
we are still in the bear season and with only $ 500 or $ 1000 capital it is very suitable for investment now,
you don't have to worry about losing your capital , as long as you know about altcoin fundamental analysis,
and my recommendation for you is Chromia (CHR) because this altcoin has dropped from -92% ATH,
so it is very suitable for investment.

I watched chromia in the last bull run and this project gave a very big profit for early investors. As a rule altcoins don't survive after one or more cycles, especially this project didn't become very well known, despite huge growth in 2021. It seems to me that this investment could be very risky.

Topic: Any advice for invest my first 600$ in altcoins? - page 5. (Read 2114 times)