Topic: If I have $40,000 to invest in one #cryptocurrency. - page 2. (Read 3654 times)

The answer is simple: Bitcoin, Bitcoin, and Bitcoin again. If i had just one choice, t would be bitcoin because of its potential and how it has been proven to be worth the hype since it was created. However, if I had to make another choice, for instance, if bitcoin were not on the list, i would go for SOL. I see a big picture with Solana. I like the network and how fast it has grown. Definitely, it is one of those altcoins that will do well in the bull run, and if i am to advise anyone, it will be Solana for the long run, if not bitcoin.

No doubt about this, I'm picking Sol and Matic straight. The two has always be my dream token. I believe matic will do great in the next bullrun. Sol has been long being doing well in the crypo space and I believe it will continue to do more well in the next bull run.

$40K is a huge amount and everyone will definitely choose Bitcoin and ethereum as their choice in terms of profits especially for the long term, and both coins are also very safe choices compared to other coins or altcoins because of their footprint.
And maybe if it were me, I would also only choose Bitcoin and ethereum because apart from these two great coins the others are still very risky, especially with new altcoins. So we have to be really wise in choosing coins that are safe and can also provide benefits for us, even though it takes quite a long time but it is certain.

With that amount I'd just put it really into BTC and ETH and there's no other coin where I'll be putting that. While the others have their own personal choice and OPs condition is that these two are no longer part of it. I don't have any other choices but why not just add more into btc and eth for you to avoid more problem. People will say that growth of BTC is stagnant after its pump and there is more growth to altcoins. But take it or leave it, it's always been Bitcoin that starts this madness in the market and you're in the safe haven of the market regardless of what happens to it.

Whilst in the altcoins, aside from ETH and the other few, there are other ones that I can choose like BNB. The utility that it has got for me is solid and formed very well by the developers of it and its coin has been utilized very well and used for their own platform and also from several potential projects that are going to partner up with them. And that's like the three where I am going to invest, otherwise I'll just hold it on stable coins and will wait for more opportunity to come.

Let's have some real-time talk as I do not have $40k right now so I will reply here accordingly. Dear, you really have mentioned some of the good altcoin projects which are Near, Dot, Sol, Matic, Link, and Eth these projects are good altcoin projects. Well, I am waiting for the rally of Dot as I have seen their team is working actively on the project ecosystem. Dot also has collaborated with COD (call of Duty) world famous mobile game and another of their collaboration is with Pokemon which shows the project team's dedication to making it more successful. DYOR

Besides this If we talk about Ethereum which is also the second crypto coin and most interesting coin in the crypto space. I am a bit late with it I will invest in Ethereum if the market allows me to invest near or after the halving event. Till that time I am waiting patiently to go its price down. Especially this bull season is also going to be very good for Ethereum as well due to ETF approval and its favorite approval date is May month. Investors are very bullish on Ethereum as well. DYOR!

first of all… if you have 40k usd you should not put it in in just one investment i would say it would be best to spread it in different kinds of investments maybe have some for as active or passive income but if we are just talking about cryptocurrencies i still would say choosing just one would be pretty much not the best idea…

but if u really want to invest all with this amount then i say you stay away from memecoins not a lot of potential of profit from memecoins

No I have not verified my eligibility here. I want to know if it is real if it is real then maybe I can connect my wallet here. Are you checking your eligibility? If you do and if it is real then definitely analyze its benefits here. I believe in airdrop campaigns but rarely believe such airdrop campaigns by connecting wallets.

$40k will cover a whole lot of investment but as a good investor who's interested in making profit, I will consider the future of the coins before doing my mathematical calculation, firstly I will give the biggest amount to bitcoin which will go around 40%, 20% to ETH, then spread the remaining 40% amount the other altcoins because anything is possible the least trusted altcoin can double the amount spent on the other coins while the most trusted altcoin can end up being a scam or shit coin.

 
     Maybe, apart from Btc, ETH, and matic proven, those three can really give you profit, that's for sure. The SOL, SHIB, DOGE, including PEPE, TAO, and FLOKI can also be done; actually, there are many more I want to mention, but I won't mention them here.

     You can also add BONK, ARB, and JUP to that, because these are the ones that can be seen to really give profit to most communities in the field of cryptocurrency business.

Although this is the Altcoin section, I agree with you on this. When we talk about making a single investment that too with an amount as high as $40k, I don't think I can think of any other cryptocurrency than Bitcoin for such an investment. There are some altcoins that one can think of investing such an amount in but the investment wouldn't be for the long term in that case because altcoins are extremely risky.
Bitcoin would probably be the first choice of most people if you give them $40k, only a few might think of investing the amount in altcoins with the thought that they might generate more profit in a shorter timeframe.

Considering the diverse range of options you've listed, each with its own potential for growth and risks, choosing the right cryptocurrency can indeed be challenging. BTC and ETH are undoubtedly solid choices, given their established positions in the market and strong track records.

However, your interest in exploring alternative options is understandable, especially considering the potential for higher returns over a five-year period. Altcoins like ADA, VET, SOL, MATIC, and others have demonstrated promising performance and garnered significant attention from investors.

That said, it's crucial to conduct thorough research on each cryptocurrency, considering factors such as technology, adoption, team, community support, and use cases. Additionally, assessing your risk tolerance and investment goals is key in making an informed decision.

Ultimately, there's no one-size-fits-all answer, and what works for one investor may not necessarily work for another. It may be beneficial to consider diversifying your investment across multiple cryptocurrencies to mitigate risk and maximize potential returns.

Above all, remember to invest only what you can afford to lose and to stay informed about market trends and developments. Seeking advice from financial experts or experienced investors can also provide valuable insights into making sound investment decisions.

Aside Bitcoin I don't have much confidence in any other coin. Though Ethereum is also a good project which seems promising as he follows after Bitcoin, but Bitcoin is the only coin I can assure you of making such profits within a decade depending on the amount of Bitcoin you hold. Most person take newly launched altcoins for investment but not with that significantly high amount, if you are to invest in altcoin then you must make proper research Instead of following after trends.

If someone choose a single coin but top coin then there is a greater chances of success and risk will be minimum but if someone diversify their investment then he can sell anyone of desire coin to take benefit when he needs money. Altcoins can be selected for short term but bitcoin should be kept longer until Bull season arrives.

Your percentage of investment in Bitcoin, Ethereum and other altcoins are a wise step and I think everyone should divide their capital for investment in such percentage. We can use larger percentage for bitcoin and Ethereum without fear of losing money but if such higher percentage is putted into altcoins then we will be in fear of losing money until Bull season originates.

The thing that must really be taken into account before investing is when we will enter. With that kind of money, I would really think about it. Because as you said, bitcoin is one of the best coins to choose to invest $40k in, but if we don't enter at the right time, then we will incur losses, and have to wait. However, we can choose altcoins, but the risks can be greater. If it were my choice, then I would choose bitcoin.

I think bitcoin and ethereum are good to go but rest of the coins mentioned here are also good but you have to go with more risk. From here I would suggest you to go with Solana, $ADA, $Doge, $Link if you can go with more risk. I think all these coins must generate new ATH in the last five years. If I had $40k to invest I would definitely invest 80% in Bitcoin and Ethereum and the other 20% I would invest in all these coins and move on.

I also feel the same, I think it is not easy to make a profit from bitcoin now, if someone wants to make a lot of money and quickly, he can use altcoins as one way.
because buying coins is new and still has upside potential.

Always invest in the main priorities so far: bitcoin and ethereum. because so far they are the best coins and can contribute to the most profitable investments made for investors.I think it's worth 50% of your funds for these two coins. Then choose the best altcoin in the ranking, such as BNB, SOL, or ADA.But I really agree if you choose only a few types because it makes it easier to monitor every movement at any time.

OP, I don't think I have any advice to give in terms of investment despite that you seek for our opinion, for me I will advice you to make versed research on the one to choose, investment is not something to depend on peoples advice alone, you should research and make personal on which way to go, in as much you want to investment you should set you mind straight to understand the situation the market first, this will help you no to make the wrong choice, most of our seniors how have been helpful to tell you the best among them but I must tell you that your decision and choice surpass all.

I suggest you to don't invest all your funds in one coins. Diversify your investment in different coins. You are discussing the all good coins. Invest in all coins a certain amount.
Invest 50% amount in Bitcoin and Ethereum coin. And the rest of investment is for the other coins.

That's not what I mean, no matter how much capital we have, the most important thing is (high flying hours).
Yes, that's right sir, everyone has a different point of view.