If I have $40,000 to invest in one #cryptocurrency. - page 19.

Cryptomultiplier

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Quote from: Huppercase on April 15, 2023, 05:04:32 AM

Quote from: Cryptomultiplier on April 13, 2023, 11:31:53 AM

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?

This amount look so good that I may use it to start a business instead of buying altcoins, you can't invest all your life in crypto, it is good to have something good outside crypto, that is how investment should be. However, even if I am to consider buying of coins, I will not buy coins that has been pumped in the past bull cylces, many people who bought those tokens are trapped and they are all waiting for their bags to pump above their buying price and exit the market. From your list, I would skip Shib, doge, Vet and Sol; I may consider the rest in that your order.

I for one was thinking Doge should have been next to Solana as more preferable for investment than the others beside BTC and Eth.
My reason being the current wave being made by Elon Musk on his Twitter and how he is trying to popularize Doge coin.
What most of these shit coins need is publicity as I believe and investments might come. People want to follow someone who knows the road better and that's Elon has taken advantage of.
I do like investment other than crypto currency but my findings and this topic is centered on cryptocurrency investment as it is and the best possible tryout without being a victim of the market.
I appreciate the experience shared however as I and others are learning alot.

nurilham

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Quote from: Cryptomultiplier on April 13, 2023, 11:31:53 AM

*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 *

Here, Bitcoin and ETH are the most prioritized to be included in the list. Because indeed these two cryptos have really shown consistency and very significant movements, not only in numbers but also in trust and market cap.

Besides that, maybe I will choose VET and also Matic. I already have ADA, actually it is also good but the increase rate is not that significant. Hopefully the bullish will be able to surge up.

Nrcewker

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From 40k usd to billionaire? That’s a huge gap to be honest. I highly doubt that you can achieve this in shorter period of time through trading or investing. Yes there are chances if you gamble with the money, with the coins. I won’t name you specific coins, but will tell you how this gonna work. Bitcoins and ETH are stable coins, they have good marketcap and have pretty generous audience also, so if you invest in these coins then your money will be safe. Now if you want to level up your game and want to make more profit, then you have to choose coins which are popular enough and have good demand, they are the coins which have the tendency to rise seeing the rise in demand among the masses. Now you know the conditions, use your brain and find out which coin will best suit you.

WeThePe0ple

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Quote from: tvplus006 on April 13, 2023, 02:00:29 PM

Quote from: Cryptomultiplier on April 13, 2023, 11:31:53 AM

...*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?..

Having 40 thousand dollars now, I would refrain from investing at the moment, since the risks for investing are too high now. In my opinion, we should wait for the correction, since the risk of buying coins when they are at a local high is now too high.

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

Farma

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bitcoin and ethereum are my choice. $40k is too big for such an unpopular altcoin. So, I would probably split it 50:50 for bitcoin and ethereum. or, if possible, I might also choose BNB as one of the altcoins to invest in. the split is 40:30:30 for bitcoin, ethereum and BNB. choosing too many altcoins will not optimize your profits, and it becomes difficult to control. while 3 coins are enough to optimize profits, as well as risks.

Huppercase

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Quote from: Cryptomultiplier on April 13, 2023, 11:31:53 AM

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?

This amount look so good that I may use it to start a business instead of buying altcoins, you can't invest all your life in crypto, it is good to have something good outside crypto, that is how investment should be. However, even if I am to consider buying of coins, I will not buy coins that has been pumped in the past bull cylces, many people who bought those tokens are trapped and they are all waiting for their bags to pump above their buying price and exit the market. From your list, I would skip Shib, doge, Vet and Sol; I may consider the rest in that your order.

Bitcoin_people

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My plan for investing in the new year is bitcoin investing. The change in the market that we are seeing at the beginning seems to be a bull market in the 2024 market. If buying any coin for the future in the current market and holding it for a long time, it must be done in a good coin. BTC, ETH, one of my favorite coins list I think are the best to invest in these coins. And it is certain that Bitcoin will be $100,000 dollars in the future and with this plan it is considered suitable to invest in Bitcoin.

isaac_clarke22

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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.

usekevin

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Some of the coin you had mentioned was good one,but some of them was not a good for long term profit.You can only use such currency to earn some profit from it.The long term investing coins are Matic,ADA,ETH,BTC for the long term traders.The rest of the coins are used to inverse and earn a little profit from it.It’s like investing on the price dump of such coin and wait for the good pump to the market.When the price was increased to high value,you can use the chance and sell your holdings to earn some profit from it.Shiba had lost his investors for now.The Elon Musk also not promoting the SHIB,so the investors had a huge doubt on the SHIB for now.The marketing team of SHIB should concentrate on marketing to regain the position.

Rengga Jati

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Quote from: Cryptomultiplier on April 13, 2023, 11:31:53 AM

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 this is for at least 5 years later, BTC and ETH must be on the first lists. And I am not a high-risk taker, which is why I will only pick at least 3 altcoins into my portfolio that have the probability to survive and grow up until 5 years later. Some meme coins and hype coins will not be on my list. I will prefer to choose BNB as the third choice and Matic as the next.

But once again, this is not financial advice, everyone has their own choices as to what they can hold the risks and probabilities. Sometimes, people more focus on new altcoins that will probably give high gains shortly. But it will be also at high risk of losing. Every investment especially altcoins will have high risks. As long as you understand this and have good management of the funds, it will not be a big matter for you.

DeathAngel

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You’re going to need a lot & I mean, a lot of luck to turn $40,000 into $1,000,000,000 as you said. It’s unrealistic to say the least. Rather than try & shill you obscure alts which will probably get you rekt I would rather tell you to be sensible & buy bitcoin & eth. I know it’s boring, not what you want to hear but that’s the best option in my opinion.

If you really have to play shitcoin roulette then I would try to look for low total supply coins. Don’t get sucked into buying coins with a total supply of over 1 billion or something stupid.

xwinnergame

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I would say SSV and LDO!!

Cadaver20

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If I were you I would invest all $40,000 in Bitcoin. Because there is no secure coin like Bitcoin anymore and this coin is pumped first during bullrun.
My choice of altcoins is Matic. Because due to low transaction fee, many people are using this chain now. Many new projects are now being built up in this chain. As a result, the probability of Matic pumping is very high.

LogitechMouse

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Quote from: Cryptomultiplier on April 13, 2023, 11:31:53 AM

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

*What advice would you give me?

Well, you already said that "besides BTC and ETH" and yet you added it to the choices.

Well anyway, $40,000 to a billion dollar would take you a very long time to reach, but I'm not saying that it's impossible. It's just that it's hard to reach. If I will pick on the choices you shared, I will go with DOGE. Remember the person who spend everything that he have, and he also took a loan I think or used his credit card to buy Bitcoin. At one point, he was a millionaire, and many already said that he must sell it at the bull market, and he didn't sell it. Ending is I think he's still holding it and waiting for the market to go up again.

Why I picked DOGE? Because DOGE has a history of pumps and dumps coming from Elon Musk, and one pump coming from him can give you lots of profit if timed correctly. $40,000 to a billion like you said will took you lots of time, and lots of correct trades because I believe in order to achieve this, you must buy at a good time, and sell it at it's highest.

$40,000 to a billion in 5 years? You must be a good futures trader in order for that to achieve I believe. Buying and just holding it for 5 years will not make you a billionaire especially with that low amount of money and a very high money that you want to get.

Ayers

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5 years is a very long time, and there will be a lot of changes in the market. Aside from BTC and ETH, I really don't believe in any other coin, not just your list but the entire market, there won't be any altcoins worth betting on in the next 5 years.
As we have seen, altcoins are constantly being replaced after each bear season, and there is no guarantee that coins like ADA, DOT, and SOL...will not be replaced by new names like APT, ARB, layerzero, Aleo...and there are many potential projects under development. My view on investing in altcoins is to limit investing in old altcoins and instead wait for new projects after each bear season ends.

moneystery

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Quote from: Cryptomultiplier on April 13, 2023, 11:31:53 AM

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?

The cryptos that are on the list that you include all have the potential to be able to develop in the future, but of all that I prefer Solana to be able to invest in.

The reason why I prefer Solana over the others is that Solana already has a sizeable community globally, with a stable and even increasing number of transactions. And this is a platform built for Web3 and if we see that in the future Web3 will be more and more adopted and Solana has a great opportunity to be adopted by many people.

so98nn

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I think I would put my bet on LINK, SOL, and ADA. The first one has phenomenal growth during its mid-life journey while reaching the peak price per LINK up to 47 USD. Similar patterns are being followed by SOL coins with high price volatility of course. Instead of just choosing one it would be better if you diversify the coin investment and stabilize your losses if any. Since we are in a highly volatile market it won't be possible to rely just on one of them and expect to be a billionaire. Though billions are imaginative with such a small amount of investment (yes it is small) for the goal that you want to achieve. I wish you good luck but make your choices wisely since its risk base market, there is no one to blame here if you lose.

Natalim

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Quote from: I_RodimusPrime on April 14, 2023, 01:55:25 AM

Put your money in Gold and Real state. Because Crypto is highly volatile market. Your 40000$ can be 4$ in seconds. So my advice is don't greedy. Ask financial advices from professionals and remember the Golden Rule - Don't put your all Eggs in One Basket.

This will happen to your $40,000 if ever you invested the wrong coins like these meme coins (Doge and Shiba). But if you are investing in Bitcoin or ETH, you can never lose if you don't sell the low. Because even investing in Gold and Real estate will also give losses if mismanage, the same thing happens to crypto investment.
That is why you need to know what you are doing before investing to avoid losses and of course, choose the kind of investment that you think you can manage well.

I_RodimusPrime

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Put your money in Gold and Real state. Because Crypto is highly volatile market. Your 40000$ can be 4$ in seconds. So my advice is don't greedy. Ask financial advices from professionals and remember the Golden Rule - Don't put your all Eggs in One Basket.

Sebas.tian

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Bitcoin and Ethereum will be the coins that will make you a billionaire easily, because they are top coins that is leading among cryptocurrencies which it will be easy for you to achieve what you want in future when you invest in them in the right time. Now that the bearish market is still on in the market, I will advise you to make Bitcoin and Ethereum your choice to invest the $40,000 and apply long term holding like 5 or 6 years before you can sell to get what you want that will make you believe that those coins are potential coins in profits making.

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