Pages:
Author

Topic: If I have $40,000 to invest in one #cryptocurrency. - page 18. (Read 3654 times)

full member
Activity: 854
Merit: 100
The OGz Club
if I have a capital of $40k of course I will divide it $10k for BNB, $10k for CFX, $10k for Bitcoin and another $10k maybe I will trade daily,
yes this is the strategy that is in my mind, but it is very sad for me don't have $40k in my wallet  Grin
legendary
Activity: 2394
Merit: 2223
Signature space for rent
My preferred altcoins are ADA and BNB, but I find your list to be reasonable as well. Prior to investing in altcoins, it is important to allocate a significant portion of your investment towards Bitcoin. Investment strategies differ from person to person, however, I was surprised to see that you did not include BNB in your list, considering that it is the native coin of the well-known exchange Binance. I trust that CZ, the CEO of Binance, will not disappoint in terms of its potential. While it may not make you a millionaire, I must admit that it has potential due to its competing with ETH through tethering and CZ's efforts to make it happen.
member
Activity: 378
Merit: 44
Because I don't like high risks, I think that BTC and alsonETH are the best choice. I will prefer to focus more on the two with higher amount. But if I am willing to get the otber altcoin investment, I also still have no idea. May be I will look up on VET Because I see many members here are talking about it. Wait, I think that I also must inclUde BNB
I agree that if I had 40,000 dollars, I would have invested this money for half of 20,000 bitcoins and bought 20,000 eth in this crypto money, you won’t go wrong because this crypt always grows and therefore deserves attention. you just need to follow the market and draw conclusions when to invest in this crypto money
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
*What advice would you give me?

You have solid capital to invest, but at the same time you get into all kinds of garbage, like SHIB. What do you want to find there? This coin has already made its X's, being just a meme coin. I can't understand the sense of forming such a portfolio because of the fact that you invest in different meme coins, but can't allocate 1 or 2 positions to new and promising altcoins. Why? It's a mystery to me. If you don't understand the point of my misunderstanding, you can look at the illustrative example of portfolios in the Halab contest, https://loyce.club/other/halab_2023/Apr_17_2023.txt. If you pay attention to which portfolios are leading the list, you will realize that there are new and promising altcoins there, and you are loading your portfolio with various garbage that is not worth being in a good investment portfolio.

I am not imposing anything. Just my thoughts.
As he has already added DOGE to his list, which is the main memecoin, besides being a classic of crypto market, I think it's not advised to have more than one cryptocurrency of the same kind on the portfolio, therefore SHIB is completely discouraged. Instead of focusing on too many altcoins, maybe he could decrease the number of invested coins and tokens, while increasing the sum invested on the main cryptocurrencies (Bitcoin and Ethereum).
Maybe he change his mind not putting all the eggs in one basket. The capital he has is big enough to accumulate many potential gems in the market. If I'm in a situation where I have $40,000 to invest into crypto. I would basically spread that capital into many potential gems in the market. If you get lucky enough, Even one of those gems can make your whole $40,000 return to you or at least near that depending on the amount of money you have poured on that gem. OP took the risk of investing into a meme coin, I believe he can also invest in those hidden gems. It will just cost your time in researching those but the return to you is much more better rather than in meme coins.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
*What advice would you give me?

You have solid capital to invest, but at the same time you get into all kinds of garbage, like SHIB. What do you want to find there? This coin has already made its X's, being just a meme coin. I can't understand the sense of forming such a portfolio because of the fact that you invest in different meme coins, but can't allocate 1 or 2 positions to new and promising altcoins. Why? It's a mystery to me. If you don't understand the point of my misunderstanding, you can look at the illustrative example of portfolios in the Halab contest, https://loyce.club/other/halab_2023/Apr_17_2023.txt. If you pay attention to which portfolios are leading the list, you will realize that there are new and promising altcoins there, and you are loading your portfolio with various garbage that is not worth being in a good investment portfolio.

I am not imposing anything. Just my thoughts.
As he has already added DOGE to his list, which is the main memecoin, besides being a classic of crypto market, I think it's not advised to have more than one cryptocurrency of the same kind on the portfolio, therefore SHIB is completely discouraged. Instead of focusing on too many altcoins, maybe he could decrease the number of invested coins and tokens, while increasing the sum invested on the main cryptocurrencies (Bitcoin and Ethereum).
staff
Activity: 2436
Merit: 2347
*What advice would you give me?

You have solid capital to invest, but at the same time you get into all kinds of garbage, like SHIB. What do you want to find there? This coin has already made its X's, being just a meme coin. I can't understand the sense of forming such a portfolio because of the fact that you invest in different meme coins, but can't allocate 1 or 2 positions to new and promising altcoins. Why? It's a mystery to me. If you don't understand the point of my misunderstanding, you can look at the illustrative example of portfolios in the Halab contest, https://loyce.club/other/halab_2023/Apr_17_2023.txt. If you pay attention to which portfolios are leading the list, you will realize that there are new and promising altcoins there, and you are loading your portfolio with various garbage that is not worth being in a good investment portfolio.

I am not imposing anything. Just my thoughts.
legendary
Activity: 1666
Merit: 1037
Here are my two cents. If you are ready to invest in $40k in one single cryptocurrency and dont wish to diversify risks, then you must be a crazy person. A crazy person should take crazy decision. If I was that crazy person with $40k, I would go with dogecoin and become a huge Elon Musk fan. I would greedy eat every information he gives, support his every idea and dream of dogecoin integration in Twitter, Tesla or SpaceX. And I would be very watchful what Elon post, as they dogecoin always react on that, try to catch every significant dogecoin price change, and reinvest.

If you are seriously calling someone crazy to invest into a singular cryptocurrency and yet would suggest Dogecoin if someone where to do so, who is really crazy? There is absolutely no issue for someone to load $40,000 into a serious choice such as Bitcoin or Ethereum. Diversifying is smart for a savvy investor who is going to adjust their portfolio every week or so. Not everyone has the knowledge or time to do that though.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
the list of cryptocurrencies OP mentioned all have great upside potential in the future, but I would advise you to hold more BTC than the alt part, and when the market really enters a new bull cycle, use That BTC to convert more alt to maximize return on investment, that's the way I still apply to this market.

However, to be honest, over time I almost just prefer to hold BTC more.
Bitcoin has already doubled when altcoins are just starting to move up. I think buying altcoins now would be more profitable than buying bitcoin. Although I agree that it is better not to put all eggs in one basket, so I would divide the portfolio into at least 4 equal parts, one of which is left for bitcoin. If an altseason happens soon, buying altcoins will bring good profits, which can be put into bitcoin later.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
If I had that money and was asked to choose one of the altcoins, I would buy all that money for Dogecoin because I believe as long as Elon still loves Dogecoin, its value will continue to increase. what if you enter into a bullish market later in 2025. of course this will be much crazier than 2021 then. so never miss this opportunity again.

I'm not an expert in financial advisors but it all comes back to anyone's decision. The most important thing is to always research the altcoins or tokens you want to invest in, don't get stuck with Fomo, make sure to invest with cold money and not use it for the necessities of life, my advice is to buy in installments and focus on just one altcoin before the bull market in 2025 after that you can withdraw all your profits that year.
legendary
Activity: 2758
Merit: 1228
the list of cryptocurrencies OP mentioned all have great upside potential in the future, but I would advise you to hold more BTC than the alt part, and when the market really enters a new bull cycle, use That BTC to convert more alt to maximize return on investment, that's the way I still apply to this market.

However, to be honest, over time I almost just prefer to hold BTC more.

Not only with bitcoin but rather give big percentage on ETH and BNB to since this 2 coins are strong enough to get more higher chance to pump among other alts also together with bitcoin. If you focus on Bitcoin especially giving it almost majority of your balance then maybe you can only get few chunks of profit and maybe this is not worth waiting especially bull run sometimes not giving any hints on when this one will occur.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
the list of cryptocurrencies OP mentioned all have great upside potential in the future, but I would advise you to hold more BTC than the alt part, and when the market really enters a new bull cycle, use That BTC to convert more alt to maximize return on investment, that's the way I still apply to this market.

However, to be honest, over time I almost just prefer to hold BTC more.
legendary
Activity: 2492
Merit: 1215
Here are my two cents. If you are ready to invest in $40k in one single cryptocurrency and dont wish to diversify risks, then you must be a crazy person. A crazy person should take crazy decision. If I was that crazy person with $40k, I would go with dogecoin and become a huge Elon Musk fan. I would greedy eat every information he gives, support his every idea and dream of dogecoin integration in Twitter, Tesla or SpaceX. And I would be very watchful what Elon post, as they dogecoin always react on that, try to catch every significant dogecoin price change, and reinvest.
hero member
Activity: 2282
Merit: 659
Looking for gigs
All in a bid to ensure I have a concrete investment plan this year, I researched some of the altcoins that has the potential to yield the best return over a duration of 5years. BTC and Eth top my list as one of the more secure coins, but other altcoins have proven to be reliable overtime, if you agree. Despite market volatility and the possibility of a crash, which is your most valid choice right now.

*If I have $40,000 to invest in one #cryptocurrency that will make me a billionaire, Which one do you think would be a better choice, besides BTC and Eth of which I have grown accustomed to?

- $BTC *
- $ETH *
- $ADA
- $VET
- $SOL
- $MATIC
- $SHIB
- $NEAR
- $DOGE
- $DOT
- $LINK

These are some of the best I have seen so far.

*What advice would you give me?


If I were in your shoes, going all-in on one crypto besides BTC and ETH is a bad idea. None of them in your list are worth DCA'ing (dollar-cost averaging) except Bitcoin and Ethereum.

These ones on your list are only good for mid-term results. So I do not think these coins except BTC and ETH are not worth to all-in. It's better to diversify to minimize the risks.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
All in a bid to ensure I have a concrete investment plan this year, I researched some of the altcoins that has the potential to yield the best return over a duration of 5years. BTC and Eth top my list as one of the more secure coins, but other altcoins have proven to be reliable overtime, if you agree. Despite market volatility and the possibility of a crash, which is your most valid choice right now.

*If I have $40,000 to invest in one #cryptocurrency that will make me a billionaire, Which one do you think would be a better choice, besides BTC and Eth of which I have grown accustomed to?
You have expressed a desire inside your mind that works in almost every investor. If there is enough money to invest, they will each want to decorate their portfolio by some of their favorite coins. I don't intend to invest all of the coins you mentioned. However, there are some top coins where I am interested in investing particularly BTC, ETH and ADA and these are my most favorites investment. I will invest in these coins even if I have large amount of money.
newbie
Activity: 2
Merit: 0
All in a bid to ensure I have a concrete investment plan this year, I researched some of the altcoins that has the potential to yield the best return over a duration of 5years. BTC and Eth top my list as one of the more secure coins, but other altcoins have proven to be reliable overtime, if you agree. Despite market volatility and the possibility of a crash, which is your most valid choice right now.

*If I have $40,000 to invest in one #cryptocurrency that will make me a billionaire, Which one do you think would be a better choice, besides BTC and Eth of which I have grown accustomed to?

- $BTC *
- $ETH *
- $ADA
- $VET
- $SOL
- $MATIC
- $SHIB
- $NEAR
- $DOGE
- $DOT
- $LINK

These are some of the best I have seen so far.

*What advice would you give me?


Why don't look at small project?
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
Because I don't like high risks, I think that BTC and alsonETH are the best choice. I will prefer to focus more on the two with higher amount. But if I am willing to get the otber altcoin investment, I also still have no idea. May be I will look up on VET Because I see many members here are talking about it. Wait, I think that I also must inclUde BNB
legendary
Activity: 3318
Merit: 1128
LTC seems like a good investment for me if I would invest in any altcoins other than BTC and ETH, however I would still try to make it strictly just BTC and ETH unless a special scenarios forced me to buy alts. I would definitely avoid meme coins for obvious reasons even if they were at their lowest price. I am not a influencer-driven investor, so I do not care any single celebrity that hypes or talks shit about other coins just for his/her own benefit of bringing hype to the coin currently being hold.

Obviously I would also avoid newer projects no matter how low their pre-sale becomes.
I would say that's a good one but if you do it with some other stuff. I have always said that if I am going to buy just one thing and nothing else, then I would only invest into bitcoin and nothing more as well. I know that it is going to be a bit of a tough situation, but in the end we are talking about bitcoin here and even though it won't go up like others, it will at least stay strong.

What OP wants is impossible, nothing will go up that much and I think it should not be the aim of anyone in the world. I think it would be best if you can divide that money into 4. Buy bitcoin with 20k of it, buy eth with 10k of it, buy bnb with 6k of it and ltc with 4k of it. That would be the best way to divide the money and you can wait for many years to profit like that.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
If I have $40,000, I will invest it in BTC and I will also invest it in altcoins. Maybe out of that $40,000, I'll use $35,000 in BTC and $5,000 in altcoins. And if I see a list of coins you choose, you can make them as additional investments.

For the percentage of each altcoin, you can look for it yourself but you should give a bigger portion to ETH because the price hasn't increased much yet. But be careful with the other coins because those not on your list can also increase.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
All in a bid to ensure I have a concrete investment plan this year, I researched some of the altcoins that has the potential to yield the best return over a duration of 5years. BTC and Eth top my list as one of the more secure coins, but other altcoins have proven to be reliable overtime, if you agree. Despite market volatility and the possibility of a crash, which is your most valid choice right now.

*If I have $40,000 to invest in one #cryptocurrency that will make me a billionaire, Which one do you think would be a better choice, besides BTC and Eth of which I have grown accustomed to?

- $BTC *
- $ETH *
- $ADA
- $VET
- $SOL
- $MATIC
- $SHIB
- $NEAR
- $DOGE
- $DOT
- $LINK

These are some of the best I have seen so far.

*What advice would you give me?


A billionaire you say? You should be patient OP and not rush into things because everything takes time as there is no such thing as overnight success in the world of cryptocurrency because if you kept on chasing these numbers that are not really realistic, there's a good chance that you will not have a desirable outcome in the long run.

But since you've asked us what's our take on what you should invest (even if that should be your personal decision) aside from the coins that you're already accustomed which is Bitcoin and Ethereum. My opinion is to invest in BNB and SOL.
legendary
Activity: 2268
Merit: 1655
To the Moon
Which correction? Every famous investor I know (Mark Yusco, Michael Saylor, Cathie Woods..) is saying that a bull run with at least 30x is near us.

Earlier on I made a mistake at 15k, hoping for it to go down to 10k. Many people have missed their investment this way. I'm not going to sit around and wait until it hits 40k

That is, you didn't buy BTC when its price was 15 thousand dollars, and now that the price has risen to 30 thousand, you decided to buy Bitcoin? I won't dissuade you from buying, but I'm sure you shouldn't catch up with the train if it left without you.
Pages:
Jump to: