Gonna sell my stock assets and invest in these top currencies. Suggestions? - page 4.

minairia3

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Quote from: tenakha on January 23, 2020, 03:10:11 AM

Quote from: Marketleaders777 on January 23, 2020, 12:19:48 AM

Bitcoin : because it is no.1
Ethereum: this crypto is down these days, but I have got a news that ethereum 2.0 will roll out this year. So, I hope that this crypto currency price will go up.
Binance: because of stability

I understood why you chose BTC and ETH. What about BNB? I did not get your point about stability. Also, BNB is exchange based coin. Even if they add extra features to ıt, BNB will not be whit without Binance. If you consider these investments as long term investments, you can choose more reliable ones. Have you considered LTC or DASH? There was a very good increase in both in the last increase and this was an indication of mysterious potential.

I think Binance is really have a stable market. Yeah youre right, Bnb would not be worth it without Binance but they are keeping tabs with a lots of progress and I think OP recognize their dominance compared to its competitor which I believe is also a good option for long term since Binance is used by a lot of traders. Not a bad choice IMO.

Marketleaders777

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Quote from: cytpoway121 on January 23, 2020, 04:16:55 PM

A lot of people sell their top assets to invest in bitcoin

But the main question is that are you selling your altcoins ?

or are you dumping your altcoins ?

If you are selling your portfolio, it means you are in profit already, selling without panic and making another investment

But if you are dumping your portfolio, it could mean that you are in loss and panic over whether to continue holding at loss or not.

Don't mix up your feelings, dyor and get the basics right.

Yes, I am dumping my portfolio 80% because the profits in stock market is average as I am not daily trader because of heavy startup schedule, I play in long term. That is the reason I select crypto market. Let's try this market also and see how much I can make from these coins? Grin

Marketleaders777

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Thanks all for your meaningful, personally experienced replies with these coins. I am glad to posted my query on bitcointalk, this community is super active. Cheesy

Well, I read all the replies and what I got to understand is that I should decide the % of amount to invest in these coins. Even I am increasing my investment amount to $1000. I did calculation and here are the results:

Bitcoin: 25%
Ethereum: 40%

Many users said that I shouldn't go for BNB and EOS upon the basis of many factors like centralized, eos performance not good etc. Most of the users experts said that I should look & analyse on these coins:

Ripple: It is popular and promising altcoin.
LTC: Confused in this altcoin. Need to do research on this one.
Doge: Not sure
LINK: Maybe Risky. Never heard about this coin before.

Well, My investments are upon the basis of long term, I will invest for 1-2 years. But, I would like to know your opinions about long term and short term, What should I choose between long term and short term?

Last question, Which exchange should I go for? I am confused in choosing a good exchange? What's your experience on top exchanges for trading cryptos?

Thanks

inanilujimi

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investment do you want in the long or short term ??
The crypto market is very volatile if you have the skills to try to trade even though the risk is big but it has a big profit as well.
while you are investing in top altcoin I think that's a good thing to do.

iconoclast

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I would agree with Bitcoin and Ethereum but not Binance and EOS. Binance is utility token of a single company and not really decentralised and EOS over complicates something that should be moving toward a more user friendly model to drive wider adoption.

karanggatak

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selling shares for cryptocurrency is a good choice. because cryptocurrency can provide more benefits than stock investments. and in my opinion the coins you choose are pretty good bitcoin, ethereum, eos and BNB. the four coins are the top coins that already have a large trading volume. and it is likely that the four coins will pump high when we enter the bull market.

Adriano2010

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I will choose bitcoin and ethereum, and maybe one altcoins with low price and what is not on top now and also not invest large amount on this altcoins, but might have some chance to grow, but you have to choose it.

inoes

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As a beginner it is true if it's better to choose coins that are certain and clear in the market ... BTC, ETH, EOS in my opinion is good. it all depends on when & at what price you buy coins and when & at what price you sell it.

xiboothrezi

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The right choice to choose BTC and ETH, especially for the long term. Learn the right strategies for investment, and last but not least, understand the risks. BNB is also quite potent, but at certain times it can pump, so be sure to get the right timing for taking profit. For other altcoins that are quite potential are XRP, and ADA. It would be safer to choose potential and strong altcoin in the market, don't take the risk of investing in shitcoin. Joining IEO can also be an alternative, but the risk is still there despite choosing a trusted exchange like Binance.

Kyraishi

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Good choice.

Especially when the stock market seems to be overvalued, and tech stocks seemingly unbeatable. It's a good idea to step out of the market for a second and diversify your portfolio into something that isn't dependent on the fiat economy, especially in this geopolitical climate.

BTC and alts are going to start its bullish ascension soon. Make sure that you diversify your buys enough so that you can ensure you don't enter into the market in prices that are too high.

DosManos

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well you invest in really good projects with lowest risk in crypto right now
its a good idea for long term

but i think that there are many better projects that EOS to invest in.

reza7777

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You have very correct decision bitcoin, ethereum and BNB can indeed be said to be a stable coin and as a beginner it will not disappoint you in the future

bigcash2011

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I think you have broken down the top cryptocurrencies nicely yourself, i will suggest you to look no further and go for btc and eth at the moment if you want to enter with small amount later you can add good coins like bnb, ada and eos to your portfolio as well.

huu78

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Your choice I think is right if you want a more secure risker like that. Because Bitcoin for the long term any time expensive going. Ethereum because it wants to launch 2.0 the Stakingnya that much in the waiting for by many people as well. BNB from Binance because their project is good and the token is always in use in their DEX pair. If you want to risk, take the coin top rank that has a bad price usually if the hockey will have a high pump.

sorrros

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It is not a bad idea because all of us know that big economic crysis is coming, shares are at their all time high levels, while cryptocurrencies are at their lowest levels. So sell expensive and buy cheap. Wink

cytpoway121

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Quote from: Marketleaders777 on January 23, 2020, 12:19:48 AM

Hello all,

I am new to crypto currency market as I was before in shares and stock market. I have basic knowledge of cryptocurrencies like how supply, demand and history of famous coins. I am looking to invest in 2-3 cryptocurrencies. My investment: $200-$500. I would like to invest little amount in starting, afterwards I will increase my investments.

Well, I select the following coins:

Bitcoin : because it is no.1
Ethereum: this crypto is down these days, but I have got a news that ethereum 2.0 will roll out this year. So, I hope that this crypto currency price will go up.
Binance: because of stability

And eos if possible

I would like to know your suggestions before taking the steps.

Thanks

A lot of people sell their top assets to invest in bitcoin

But the main question is that are you selling your altcoins ?

or are you dumping your altcoins ?

If you are selling your portfolio, it means you are in profit already, selling without panic and making another investment

But if you are dumping your portfolio, it could mean that you are in loss and panic over whether to continue holding at loss or not.

Don't mix up your feelings, dyor and get the basics right.

samcrypto

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Activity: 2044

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I already sold my stocks and bought bitcoin and so far I have no regrets on doing this because cryptocurrency made a big profit for me. Stocks is not moving that fast and your profit really takes time but if you do invest on good cryptos then you will realize the big difference. As long as you have btc and eth on your wallet, i believe you can get the best profit and invest your money on other good coins.

rdluffy

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You are doing right in my opinion
BTC is the first one and the smartest decision is to have more BTC in any portfolio
ETH will rise up in value for sure, devs are working hard and a great future will come

Binance coin is another great coin because of the stability of Binance, the best exchange nowadays

desticy

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I think that the coins chosen by you will be quite suitable. I would even say this is a very good basic set of cryptocurrencies.
Bitcoin by itself, Ethereum as the king of all altcoins, and BNB as one of the most promising coins of recent years.
Most of the assets I would invest in bitcoin, the rest I would distribute in equal shares.

DU18

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Quote from: Marketleaders777 on January 23, 2020, 12:19:48 AM

Hello all,

I am new to crypto currency market as I was before in shares and stock market. I have basic knowledge of cryptocurrencies like how supply, demand and history of famous coins. I am looking to invest in 2-3 cryptocurrencies. My investment: $200-$500. I would like to invest little amount in starting, afterwards I will increase my investments.

Well, I select the following coins:

Bitcoin : because it is no.1
Ethereum: this crypto is down these days, but I have got a news that ethereum 2.0 will roll out this year. So, I hope that this crypto currency price will go up.
Binance: because of stability

And eos if possible

I would like to know your suggestions before taking the steps.

Thanks

If indeed you are new regarding cryptocurrency it is better if you try with a little capital that you have because this is in guard so that you do not experience losses, maybe between the way of trading between shares and crypto is not much different but still crypto and shares have their respective factors in supporting their price movements in the market, even though you are experienced in stocks you should also still have to find out how to basically trade the Cryptocurrency.

Topic: Gonna sell my stock assets and invest in these top currencies. Suggestions? - page 4. (Read 1274 times)