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Topic: Gonna sell my stock assets and invest in these top currencies. Suggestions? - page 6. (Read 1274 times)

sr. member
Activity: 1260
Merit: 315
www.Artemis.co
Planning to invest on top altcoins is one of the best options, your current plan on investing in btc, ethereum and bnb is a good choice. Adding eos is also good  but you can add other crypto such as xrp, ada or xlm. You can compare them to your choices, or even add them so you can have more choices.
legendary
Activity: 2576
Merit: 1043
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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 will just share my opinion with this.

Bitcoin - Since it is the top cryptocurrency right now and it is where most newbie investors put their money on, I suggest too that you should put most of your funds here at around 50-70% maybe. The most trusted currency and many believe that it will rise slowly in the future.

Ethereum - This is the top 2 cryptocurrency right now so no doubt that you can put some of your money here.

Between Binance and EOS, I'd rather choose EOS to put my money on instead of Binance (BNB). I don't like how CZ works with other people. He is just manipulating some of the coins there especially those who launched their IEO's there.

Honorable mentions that you can pick too if you want. LTC, XRP, LINK, DASH
sr. member
Activity: 1652
Merit: 262
your choices are good, bitcoin is the coin with the biggest market cap and the potential for the highest price increases is also the biggest among others. etherum, with the development and also the smart contract, etherum also always has a strong value and shows the potential that is not less than bitcoin. binance, recently binance is also growing stronger, as evidenced by the liquidity of the binance. but if you want to choose only "one", I would recommend you for bitcoin.
hero member
Activity: 938
Merit: 500
A good portfolio that can be divided in such a percentage is Bitcoin 50% and the remaining 50% divided into other coins. At least bitcoin takes up more space than other coins.
sr. member
Activity: 1190
Merit: 267
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It seems like you have learned a lot before investing and just asking for a few suggestions, unlike most people who don't even know anything about the coins they are going to invest, I think the coins you mentioned are all good for the long term except eos maybe you can replace them with LTC or XLM .
legendary
Activity: 1316
Merit: 1145
I haven't seen the growth of EOS properly. if you have to consider, I might be able to suggest Binance is better than Eos ... BNB growth and support is greater than EOS. as a coin with the support of the No. 1 exchange in crypto, BNB has a fast and significant growth. BNB prices today are still cheap. my belief is that when BTC pumps, BNB will get 2-3x the increase.
hero member
Activity: 1008
Merit: 531
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

I doubt that you'll be able to gain significant profit if you were diversifying over 4 coins.

This may seem a bit self contradictory given the fact that usually we're told to diversify as much as possible, but with such a small initial investment of $250-500, if you diversify too much, transaction fees each time you trade with an alt will quickly dig into your profits.

The picks are good though. I'd just focus on ETH and BNB/EOS if you're into short term profits.
hero member
Activity: 2604
Merit: 816
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You have a good list of investing. However, maybe you should only invest in bitcoin than to use the altcoin for the investment because your initial money is not too big. If you use $500, I wonder how you will split the money to be used as the investment. Or you can use $300 for bitcoin, $100 for ethereum, $50 binance, and $50 for buying eos. But if you can use all of $500 to invest in bitcoin, and hold it for the next bull run, you don't have to do anything and only wait for the next bull run for bitcoin price.
sr. member
Activity: 914
Merit: 250
Making Smart Money Work
Bitcoin and Ethereum are the right choice for your investment, but if I may suggest you also have to buy XRP or TRX because the prices of both coins are still very cheap.
sr. member
Activity: 798
Merit: 250
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I would probably go to bitcoin and invest all of the extra money there. We all know that halving is about to happen. If you are going to invest in the bitcoin, there is a higher chance that your investment will be doubled or tripled because there is some prediction that the next value of bitcoin will be 100,000 USD. Imagine if you invest now. For sure you are going to gain income into it.
It is true that bitcoin is a good and right coin to invest in the long term and also some people make predictions about the price of bitcoin which sometimes makes us believe in disbelief but maybe it can happen and investing in bitcoin is the right decision to done or maybe the OP can divide investments into bitcoin and some altcoins that he thinks are good or have a great opportunity to provide benefits.
full member
Activity: 644
Merit: 127
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I would probably go to bitcoin and invest all of the extra money there. We all know that halving is about to happen. If you are going to invest in the bitcoin, there is a higher chance that your investment will be doubled or tripled because there is some prediction that the next value of bitcoin will be 100,000 USD. Imagine if you invest now. For sure you are going to gain income into it.
sr. member
Activity: 1036
Merit: 329
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
Not bad choice how ever you dont need to sell all your stocks asset just to invest in crypto.
If you can invest without using any other investment you have that was the best way you can do . Also learn the risk so if ever you expereince lost you will not so worried.
hero member
Activity: 2702
Merit: 672
I don't request loans~
Bitcoin is kinda eh right now. If you're planning to invest on the long term though, it'd be a better decision instead of day to day trading. As for alts, you got ETH down already. Some other good coins would be doge, lite, and xrp. Xrp though is kind of half and half with me. There's also BSV that recently went up quite a bit, but a lot seem to think that bulls aren't back yet, so make a decision for yourself
full member
Activity: 1148
Merit: 101
You've already make the right decision and limit your risk by going for Bitcoin, Ethereum and bnb token, they can't disappoint you particularly ETH and Bitcoin, bnb token is only useful on the binance exchange and outside the exchange its worthless but still a good choice.
Right, now it's time to choose good tokens and coins like bitcoin, ethereum and bnb, because at this time the market conditions are very supportive for making daily investments and trading in the market.
sr. member
Activity: 2002
Merit: 250
the risk you have to face if you invest in cryptocurrency is very large, you better not sell all your stock assets just to buy the top cryptocurrency !, you may regret it
member
Activity: 742
Merit: 16
It's not a bad move if you do that, many new projects are not doing so well and if you can't handle the pressure you can go with top projects that will give you rest of mind like Ethereum and Bitcoin among other few best like LTC, XRP, BNB, BCH etc
sr. member
Activity: 560
Merit: 250
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

That is a wise idea. because I am afraid that this year, there will be changes in the economic recession. This will cause a lot of negative effects on the prices of stocks, especially stocks of the US, Japan and China. Their public debt is huge and we should use fiat money to buy bitcoin. Don't try to buy alts because this bitcoin halving will make the value of Bitcoin grow stronger in the future. alts are just bitcoin's followers and it's quite risky to speculate now.
hero member
Activity: 2870
Merit: 594
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

Good choice, you can't make any mistakes about BTC.

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.

Another good one, it is still way down from its ath, but I have no doubt that it can still reach 4 digits.

Binance: because of stability

Specially on how they burn tokens, it will definitely push the price even further because of this strategy. Plus, with CZ's brain, it's possible that it can regain as much or even more in the next coming months.

And eos if possible

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

Thanks

This is the only coin that I have doubts, I don't know but it seems the hype has died down with eos.
sr. member
Activity: 1722
Merit: 261
Vave.com - Crypto Casino
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
You don't have to invest bitcoin, at least you buy some altcoin that follows every bitcoin price movement, as you wrote in the list BNB, EOS and ETH are also good enough, because your capital is not too much so you can buy this Altcoin unit rather than bitcoin, at least you can benefit every increase in each dollar, if your capital is more than $ 10k I think you need to invest in bitcoin, if only $ 500 is better for those three altcoins
hero member
Activity: 1470
Merit: 509
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.
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