It is necessary to take into account that in this cryptocurrency market there are high, medium and low risks, in the case, for example, of just holding bitcoin, then you would be making a low risk investment, that is, the chances of you losing all your money in that investment are very low. , the price of bitcoin will not fall to zero, although it can also take many years for it to rise much, something like staying 2 years or more and also only making a profit of 2x or 3x at most, but at least you are safer. There are also investments in old altcoins like ETH and LTC that are of medium risk and that can also give you profits of 2x or 3x or 4x at most.
the problem arises when investing in recent altcoins, the so-called meme coins, in which they are high-risk investments and you can lose all your money, but also if you are lucky you can profit, but they are not long-term investments, in my opinion these meme coins as time passes they will lose attention and disappear, the exception will be dogecoin but its price may be falling the day it loses the support of its biggest defender and this is something that sooner or later will happen and the People should be prepared for this. so it's up to you to determine what risk you are willing to take
Topic: If I have 1BTC So how did I use to invest in different Coins - page 10. (Read 1864 times)
I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Do you switch your Bitcoin to another coin?I think you shouldn't switch your Bitcoin, most people prioritize Bitcoin as their main asset.
If you still have money, you just need to add your wallets with more coins. However, I suggest prioritizing top altcoins, old coins are good for investment. But if you really want to invest in new coins, you must do deep research, many new coins have weak fundamentals. Don't buy those new coins that seem difficult to develop in the future!
I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Any suggestion from your side which is good for long term
Hold most of your Bitcoin and diversify with few altcoins since not all can survive the bear market.Any suggestion from your side which is good for long term
Also, you have to consider the current status of the market, there’s a lot of red candles and the good coins are slowly dropping, you might want to wait a little so you can buy a cheaper coins, I think we are getting into a cheaper trend even with Bitcoin. Do DCA, this can be the best strategy right now.
I would assume you then have much more than 1bitcoin in your portfolio. If not than I would move that bitcoin anywhere and just keep it. The market is too volatile right now to put it into anymore altcoins. You never want to have an unbalanced portfolio of alts to btc. I'd recommend a small fraction if your total go into these alts.
That's the same thing of what I'll do if he's got that amount.People have been intriguing themselves to use bitcoins in buying altcoins. Soon, they'll see the importance of the tip that we're saying that they should just hold Bitcoin if they've got plans of buying altcoins.
There is no problem if they want to buy altcoins but if they can keep bitcoin without touching it and if they have other money to be used for buying alts, that's better.
Investing a substantial amount in cryptocurrency alone can actually put you at risk due to market volatility. Diversifying your investments across different assets and income streams is a conservative approach to risk management and has the potential to increase your chances of long-term success. Splitting your investment between cryptocurrencies like ETH and BNB, along with other assets like gold, can yield a diversified portfolio. Each asset class has its own characteristics, benefits, and risks.
Cryptocurrencies can offer high growth potential but come with volatility, while gold is generally considered a more stable and traditional store of value. Also, starting your own business can be a great way to generate income and build wealth in the long run. Having a diversified portfolio with different investments and income streams can provide stability and help reduce the risks associated with any single investment or business.
Volatility itself isn't really the problem, or would yo say the same if we started mooning? Volatility is the key reason why people are buying alts. Problem is that we are on the bear market and fundamentals are more then horrible right now.Cryptocurrencies can offer high growth potential but come with volatility, while gold is generally considered a more stable and traditional store of value. Also, starting your own business can be a great way to generate income and build wealth in the long run. Having a diversified portfolio with different investments and income streams can provide stability and help reduce the risks associated with any single investment or business.
I can suggest you NEON, i feel like this is a good one, Neon Link
I checked it and that's not even on the market or launched yet. So shilling is quite unnecessary
I can suggest you NEON, i feel like this is a good one, Neon Link
I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Any suggestion from your side which is good for long term
Any suggestion from your side which is good for long term
I would assume you then have much more than 1bitcoin in your portfolio. If not than I would move that bitcoin anywhere and just keep it. The market is too volatile right now to put it into anymore altcoins. You never want to have an unbalanced portfolio of alts to btc. I'd recommend a small fraction if your total go into these alts.
Investing a substantial amount in cryptocurrency alone can actually put you at risk due to market volatility. Diversifying your investments across different assets and income streams is a conservative approach to risk management and has the potential to increase your chances of long-term success. Splitting your investment between cryptocurrencies like ETH and BNB, along with other assets like gold, can yield a diversified portfolio. Each asset class has its own characteristics, benefits, and risks.
Cryptocurrencies can offer high growth potential but come with volatility, while gold is generally considered a more stable and traditional store of value. Also, starting your own business can be a great way to generate income and build wealth in the long run. Having a diversified portfolio with different investments and income streams can provide stability and help reduce the risks associated with any single investment or business.
Cryptocurrencies can offer high growth potential but come with volatility, while gold is generally considered a more stable and traditional store of value. Also, starting your own business can be a great way to generate income and build wealth in the long run. Having a diversified portfolio with different investments and income streams can provide stability and help reduce the risks associated with any single investment or business.
I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Any suggestion from your side which is good for long term
Right now, i can't see any good option no matter the altcoin. Changes are that we are not in the botton so basically all coins would drop in price if that was the true. Some would say that it's good to buy when they are cheap but i'll say why buy now if you can buy -50% next week. No one really knows what happens and maybe you'll get lucky and find the one coin that doesn't drop but i would say that changes are against you.Any suggestion from your side which is good for long term
Prices will come up eventually but no one knows when. 4 year cycle might have been broken as people are waiting it to play out. We might be here for a while. Fundamentals right now look terrifying
I am not giving investment advice, but if it was me, I would only sell half, 0.5BTC to buy top 10 altcoin on the CMC, and keep the 0.5 BTC as it is, I always keep most of my portfolio in BTC and I wouldn't buy just any random coin.
matic, ethereum and many other smart contract blockchain are actually really good for long term, they always grow and usually have linear growth over the course of the year.
other than that you should invest in 2nd solution if you truly seeking for long term. after all, they are the center of the spotlight currently.
other than that you should invest in 2nd solution if you truly seeking for long term. after all, they are the center of the spotlight currently.
I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Any suggestion from your side which is good for long term
1BTC is a lot of money and if you want to choose what to invest then your answer is invest all on cryptocurrency then it's really risky. I'd prefer to split in half between investment(ETH, BNB and gold) and make my own business. Well, it's not everyone's game to do well in managing your own business but the struggle will be worth it once you know the grasp and fundamental of running your own business. Having different kind of investment and source of income is really great and it could serve as a backup once something bad would happened. Any suggestion from your side which is good for long term
I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Any suggestion from your side which is good for long term
Any suggestion from your side which is good for long term
Investing in altcoins for now is indeed more profitable than in Bitcoin,
and if you have 1 Bitcoin then sell it and you buy altcoins yes that's a good choice but also you have to know that altcoins have fundamentals,
so you have to look for altcoins with good fundamentals if not want your capital to run out.
I have an altcoin recommendation for long term and you can buy SOLVE on Kucoin.
I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Any suggestion from your side which is good for long term
You are already investing in bitcoin then why need to seek for another problem? you have a clear mind and you have also clean stand , and you already said that you have vested small amount in other coins so if you have 1 bitcoin? maintain that position lol.Any suggestion from your side which is good for long term
But if I were you, I would invest in:
- Ethereum.
- Dogecoin.
- AI-related coins with real use, especially those that have links to projects in the medical fields.
- Any investment that you think will achieve a return of about 10% during the next 3 months and can be quickly liquidated.
one ranking coin and one Meme coin ? well that is better to stand for long term . I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Any suggestion from your side which is good for long term
When it comes to the best coin in which you can invest for the long term there is no discussion to have at all, bitcoin is the best coin in the market and this is going to remain true for the foreseeable future, now another decent coin in which you could invest for the long term would be ethereum, but in my opinion it is not as good as bitcoin while the risks are higher as well, any other coin is not worth considering and I recommend to you that you forget about those coins. Any suggestion from your side which is good for long term
At the present time, investing in bitcoin is the best option. There is not enough liquidity in the markets to make speculations in any new currencies, so you rarely find a digital currency that rises with excellent trading volumes in the short or medium term at the present time.
But if I were you, I would invest in:
But if I were you, I would invest in:
- Ethereum.
- Dogecoin.
- AI-related coins with real use, especially those that have links to projects in the medical fields.
- Any investment that you think will achieve a return of about 10% during the next 3 months and can be quickly liquidated.
-snip-
because I know this time is very crucial to invest in any new coin or even in an old coin.
because I know this time is very crucial to invest in any new coin or even in an old coin.
So, from what point of view do you consider it crucial? Given that most of today's older altcoins are starting to be contested on some legal basis, I don't think it's a good idea to take advantage of this situation to get them even at a low price. And there is no need for other opinions to know about new altcoins, without complex research it is very risky.
Final opinion: Just hold your 1 bitcoin
make that bullruns seem so much further away again. i'd definitely recommend to just hold on the bitcoin that hi have wait until things get clearer and then decides when there is seemed to be some
good chance of having good entry out there.
after all the lawsuit aftermath will be massive in the future, its just that we are still at early stage of the chaos, hopefully though thats not gonna be happening and all things went well.
just distribute your investment over various coins that has been down quite significantly but all ranked beyond 50 ranks and you're set.
it's not that much of a difficulty honestly to invest if you have such capital, but the thing is, whether you'll be patient enough to wait until next bullrun.
it's not that much of a difficulty honestly to invest if you have such capital, but the thing is, whether you'll be patient enough to wait until next bullrun.
Then try to divide your money to invest in all of legit tokens. There are so many blockchain tokens in the market and you can invest in this kind of tokens proportionally. try to determine how many coins you want to invest with your bitcoin.
The hardest thing to pick the tokens to invest.
The hardest thing to pick the tokens to invest.
The more flour you have, the more cake options you can make. The money you get from selling 1 BTC is very much, you can buy whatever coin you like based on personal research calculations. Investment advice has been widely shared in forums and you can find it on google based on the keywords you enter. My best advice is to save your 1 BTC until you can hold it, it's better than putting some money on a new coin that hasn't been fully tested in the market.
It is risky to invest any amount on altcoin without any research and experience. OP have very small amount of bitcoin so it is better not to lose his bitcoins since he don't have that much to lose, it is my opinion based on his thread. Though his title is different, but if he has 1 bitcoin he can invest in other coins by doing his research. Jump to: