Any advice for invest my first 600$ in altcoins? - page 9.

Muslimin mj

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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

really in a very high risk if you invest in altcoins within 2 - 3 years. Moreover, the altcoin you mentioned is a new altcoin that we can't say for sure whether it will last for the next 2 years or not. and my advice is to look for altcoins that have been able to survive for a long time because I believe they have more guarantees in the future. my recommendations CARDANO and SOLONA.

FahriZah

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You can start with $600 It's not bad amount and if you have enough patience than you can target for long time holding because hold is gold but without patience you can,t gain later in future and i suggests if your possible can buy some good new best coins like Arbitrum (ARB) Space ID,SUI And if you are risk taker than you can buy some meme coin whom meme coin trending running like SHIB,DOGE,PEPE etc but DYOR before accept any advice as well.

Anonymous100

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

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 don't want Bitcoin, and are looking for altcoins, it's best if you choose Polygon, Solana, and Polkadot. It will be interesting for you. I think all three have potential in the future.

marcous

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Quote from: Nazmul012 on April 30, 2023, 05:06:29 PM

Coins you have mentioned, are unknown to me. Know little about arb but can't suggest you that based on my little analysis. But new coins you mentioned, those doesn't seem strengthfull long term. you shouldn't go for those coins which are temporary overprised by hype but not created for long term. Rather pick coins from top, to secure your investment

We shouldn't expect high returns on investment from new altcoins even though there is a chance it will go through a significant hike to reach the new price but that is not a definitive prediction and just speculation based on new altcoins that have been listed on binance before so don't get your hopes up and if investing must use 20% funds to survive in the long term.

Nazmul012

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Coins you have mentioned, are unknown to me. Know little about arb but can't suggest you that based on my little analysis. But new coins you mentioned, those doesn't seem strengthfull long term. you shouldn't go for those coins which are temporary overprised by hype but not created for long term. Rather pick coins from top, to secure your investment

aksplace

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Quote from: JahriMeayer on April 30, 2023, 04:16:07 PM

First you need to learn and decide how you will utilize your money in best way. Arbitrum(arb) sounds good among them but i really don't have any idea about rest of those. So i can recommend to put some investment with arb,. Besides you would rather invest your rest of fund with top potential coins like eth, bnb, aptos! it has less possibility that Top altcoins makes you disappointed

Even though ARB coins are worth choosing from the list of coins mentioned, new altcoins are certainly very risky if market conditions are unstable, so if you decide to invest in a new coin, it's better to hold your wish, wait for the next pattern of market movements because altcoin prices are very sensitive to current market conditions.

JahriMeayer

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First you need to learn and decide how you will utilize your money in best way. Arbitrum(arb) sounds good among them but i really don't have any idea about rest of those. So i can recommend to put some investment with arb,. Besides you would rather invest your rest of fund with top potential coins like eth, bnb, aptos! it has less possibility that Top altcoins makes you disappointed

Xal0lex

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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

If you don't want to buy bitcoin because it has grown well, why are you holding BNB and ETH in your micro portfolio? These assets, just like bitcoin, will no longer bring super profits to their investors because they have already grown a lot. I would buy for $600 only new tokens that have only recently appeared on the market, and those are the ones that are listed on major exchanges and have serious investments. Don't buy tokens from the first twenty crypto ranking, they will give the minimum profit for your $600 in the next 2-3 years.

smile1218

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It is hard to advice for what to invest in your first $600 dollars in altcoin. It would be better to do your own research first and study the flow of the coins that you are prospecting. If somebody gives you advice and you follow it then suddenly your invesment losses, you might point out those losses to the one who gave you advice. It is better to decide for yourself so that you will not point out that mistake to anyone.

blockman

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Quote from: domoy77 on April 29, 2023, 10:23:44 AM

Quote from: blockman on April 29, 2023, 10:09:00 AM

I don't know hook and ID but the other two are still young projects. They can't be determined whether they'll be a good project while you're looking at the current situation that they've got. I guess your basis can be said on how they'll be good if you conduct your own research and what makes you like them based on what their roadmaps are.

We can't make any decisions for young coins, they are too risky to invest even the top coins FTX and Luna which are top coins can also turn into scam coins, so I'm not interested in investing in the young coin category even though many traders have high profits,

Yeah, they're risky. But many investors and traders look at them as if they're good coins that have a future. And it all just sums up about their short-term potential and how they can quickly gain profits from it. No contest to the old ones that have been foolproof but not all of them are.

Quote from: domoy77 on April 29, 2023, 10:23:44 AM

but on average there are many losses from investing in young coins, so stay focused on investing in Bitcoin and the top altcoins ETH and BNB.

Right, those people that garnered losses investing into young coins, they should have get an idea that they're not all profitable as of the moment and still unknown for the short term as what against to their expectation.

domoy77

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Quote from: blockman on April 29, 2023, 10:09:00 AM

I don't know hook and ID but the other two are still young projects. They can't be determined whether they'll be a good project while you're looking at the current situation that they've got. I guess your basis can be said on how they'll be good if you conduct your own research and what makes you like them based on what their roadmaps are.

We can't make any decisions for young coins, they are too risky to invest even the top coins FTX and Luna which are top coins can also turn into scam coins, so I'm not interested in investing in the young coin category even though many traders have high profits, but on average there are many losses from investing in young coins, so stay focused on investing in Bitcoin and the top altcoins ETH and BNB.

blockman

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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.

Wow, you've got Bitcoin and in such a nice amount since 2010? I think that you've got the idea of how to choose what projects you think are good enough.

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

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you

I don't know hook and ID but the other two are still young projects. They can't be determined whether they'll be a good project while you're looking at the current situation that they've got. I guess your basis can be said on how they'll be good if you conduct your own research and what makes you like them based on what their roadmaps are.

gunhell16

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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

If you do your own research about that in your shopping for coins for sure you will be able to better choose what you really want and not the opinion that others will say here on this forum platform.

It's hard because if I tell you to buy these coins, then in the end you can blame me because this is what I told you to buy, so if you really want your capital to be safe and grow, it's better to invest it in Bitcoin and hold long-term.

Magic-Money

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Since you have already bought good number of BNB, ETH and BTC, while looking for other alt-coins, I think polygon Matic, Shiba Inu and Tron coins are good to consider after making your research on the coin's mentioned.

Andrija Branislav

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When considering new altcoins HOOk, SUI, ARB, and ID may be promising options but Investing in altcoins can be risky, but with careful research and analysis, you can make an informed decision. I suggest looking for an established altcoin with strong use cases and partnerships in the industry.

worle1bm

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See if you are interested in altcoins only then short term hyped one's are best choice because at least you have chance to earn profits over them but keeping in mind they have long term potential it will not benefit you as records says most of altcoins have turned into shitcoins over long term so you will loose money.But there are some in temporary hype like Shiba,RenQ finance or what else you have in mind but for me altcoin investment is not good rest your wish man.

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

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you

It sounds like you're aiming for new projects rather than old ones, and I fully support this. But for a long-term hold until 2026, I don't think Hook and ID are a smart choice. If it were me, I would choose SUI and ARB, in addition, you should also wait for layerZero and some new projects to prepare to release tokens. In my opinion, I would stay away from old altcoins like Dot, Atom, Near, and Sol...Because I don't believe in altcoins in the long term. I mean, every bear season ends, there will always be a change in the market altcoins.

Dr.Osh

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choosing ETH and BNB was the right choice. with $600, you can split that into $300 for ETH and $300 for BNB. however, if you feel that the division is not very good, you can increase your investment in one of them.
If you intend to hold this asset until 2026, then I do not recommend investing in other altcoins. it's because the risk is bigger than ETH and BNB, and we don't know how it will develop. ETH and BNB will tend to go up a lot when the bitcoin price goes up a lot. your target is 2026 and the halving period has passed. the potential price of bitcoin at that time will probably be quite high, and that will affect ETH and BNB. However, a popular altcoin that has a top 10 ranking in CMC might also be a good choice, but personally I would go with ETH and BNB.

TastyChillySauce00

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Quote from: rhomelmabini on April 28, 2023, 09:34:37 AM

My advice is don't forget it and leave until that year maybe there could be some updates on that token and you'll be missing big time. I think ARB wasn't undervalued anymore, I don't know much about SUI and the other two is unknown to me. I still think ETH is a good hold.

ARB has very high value as more and more tokens to be unlocked very soon. I can't even deny the fact that if arb may be so hard to increase. it will able to increase when the big pump will be coming soon.
I expect arb to hit at least two dollars during the big pump but i can't sure about when that will be happening.

The problem is none cna't even sure when the bullish trend will come, OP has a chance to take in the train. It's likely that if OP needs to find another token to replace ARB.

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I know an altcoin which has great potential. Its name is Bext which is center of Bytedex ecosystem. I have been following this token since 2021. It had just a whitepaper. Now, the team made great effort for developments. Bytedex ecosystem has a Cex (Byte Exchange), Bext (Byte Exchange Token), staking platform, token launcher (Bytepad), OTC platform, Byte wallet (soon), Byte Chain (soon). I believe that Bytedex built a functional ecosystem that producing value.

You can see details about Bytedex in this topic👇🏻
https://bitcointalksearch.org/topic/bytedex-ecosystem-byte-exchange-5424978

For Bext token and utilities:
https://bitcointalksearch.org/topic/what-is-bext-byte-exchange-token-understanding-its-potential-5425040

I am holding a good amount of Bext token and earning stakimg reward (deflationary).

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