Topic: If I have $40,000 to invest in one #cryptocurrency. - page 7. (Read 3654 times)
Being billionaire is the goal? I think that your option will be mostly going to the memecoins. I think most of the devs there became millionaires but I don't know if some investors have became very wealthy and managed to become a billionaire. With ETH and BTC, they're actually good investments. You won't become billionaire these days with Bitcoin if you're going to use $40k buying it. But if you have asked this a decade ago or more then you are potentially a billionaire by now. Like if you've bought Bitcoin in the past when it's valued at cents but moving on. That's what I can think of being unlikely to happen with these precious cryptos that I suggest holding and buying.
*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 is a tough decision especially for an investor. On my side, I answer that if I had $40,000 and was asked to invest that dollar in a currency, I would refrain from investing. Investing in any one currency must involve substantial risk. If I want to invest in a single currency I can't think of anything other than Bitcoin. Investing in anything other than Bitcoin involves 100% risk. But some of the top altcoins can also be invested, but investing $40,000 would be a fool's errand.- $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 you have $40,000 and your goal is not just to become a millionaire but a billionaire, in my opinion, you might consider taking a risky move by investing in a meme coin with a very high token supply. This is not advice; it's just my opinion because the risk is substantial. However, if luck is on your side, you could become a billionaire.
Then i will not go far in Altcoins , instead i will use that 40k to purchase bitcoin , imagine that is more than 1.6 bitcoin at todays price.
ad all I only need is to wait for at least a year then my money will surely multiplied .
try to consider that mate instead of looking for riskier altcoins.
Well, for such a large amount of money, I would also choose Bitcoin over altcoins. Bitcoin is the cryptocurrency with the least risk. I say that because almost all altcoins are affected by the price of bitcoin. Apart from that, the level of potential for price increases is also very high.ad all I only need is to wait for at least a year then my money will surely multiplied .
try to consider that mate instead of looking for riskier altcoins.
I will probably choose altcoins when I don't have that much investment capital, or maybe under $10k. However, if you are still interested in altcoins, then buy 1 bitcoin for $40k, and the rest choose popular altcoins like Ethereum. having 1 bitcoin in our portfolio right now is a very good thing, considering that the halving will happen soon.
For me, Ethereum, Solana, Matic, Shib, and Doge are okay; I'm sure they will rise and join Bitcoin's rally, even approaching the halving for sure that many altcoins or cryptocurrencies will rise in price value in the market.
In fact, there are also other altcoins that have not yet experienced a bull run but have the potential to keep up with the rally of Bitcoin too, for sure. Good luck to all cryptocurrency investors here.
In fact, there are also other altcoins that have not yet experienced a bull run but have the potential to keep up with the rally of Bitcoin too, for sure. Good luck to all cryptocurrency investors here.
If I have $40k to invest in crypto, surely I will split it between BTC and eth. I am very confident about these two coins. Not that I don't believe in others, but with these two guys, you can be rest assured that your future is secured.
Sure man $40k is not small money, and instead of investing it in different types of coins, I will rather choose one or two coins to invest the money in because altcoins have high risk, not that there is no profit, but the problem is we don’t know what the outcome of the coin will be, whether it may crash or something like that, and that’s why I will invest 80% of the money in bitcoin because instead of investing in where, I will not get rest of mind. I will rather choose bitcoin, even if I hold it for a long period of time, and then I can split the remaining 20% into another coin. I think that will be better.
However, its cruel to those who jump in without understanding. Do you get Bitcoin's technology and implications? Or are you playing it safe because everyone else is?
Instead of blindly investing 80% in Bitcoin because it feels safer, why not study your options? Spread your investments, but do so with understanding, not fear. However, you may be fine being a small fish in the big ocean. Good luck.
Well, I'd certainly try memecoins as a short-term investment
With a $40,000? Yeah, that's definitely a good idea if that's all of your saving or most of it. Also, original post is 6 months old now, i think the decision was made long time ago.
Well, I'd certainly try memecoins as a short-term investment
Then i will not go far in Altcoins , instead i will use that 40k to purchase bitcoin , imagine that is more than 1.6 bitcoin at todays price.
ad all I only need is to wait for at least a year then my money will surely multiplied .
try to consider that mate instead of looking for riskier altcoins.
ad all I only need is to wait for at least a year then my money will surely multiplied .
try to consider that mate instead of looking for riskier altcoins.
"Which one" means what? Investing Only on one single coins among those, Won't make you billionaire. Rather that was stupid way to loose your whole $40,000.... Think about it, only btc or eth or bnb can't trun your money from 40000 to 1 billion, impossible for each of those to pump hundred times. Rather invest with all of those with fix ratio. All of those are good coins. just make sure, durning investment, you are giving priority to btc eth and bnb with more percentage among those altcoins
Probably even if he invest in altcoins he won't be able to turn 40,000$ into a billion dollars, because that is a really unrealistic goal. Besides the fact the risk to take with altcoins is too high. Personally, I would invest 90% of the funds into BTC and 10% into solid altcoins like ETH. It's a conservative strategy, but reliable on long term to prevent losses and achieve consistent gains. However, each investor has their own strategy and goals, so always make your own research to best fulfill your plans.
If I have $40k to invest in crypto, surely I will split it between BTC and eth. I am very confident about these two coins. Not that I don't believe in others, but with these two guys, you can be rest assured that your future is secured.
Sure man $40k is not small money, and instead of investing it in different types of coins, I will rather choose one or two coins to invest the money in because altcoins have high risk, not that there is no profit, but the problem is we don’t know what the outcome of the coin will be, whether it may crash or something like that, and that’s why I will invest 80% of the money in bitcoin because instead of investing in where, I will not get rest of mind. I will rather choose bitcoin, even if I hold it for a long period of time, and then I can split the remaining 20% into another coin. I think that will be better.
ALTCOINS are high risk and also high profits. But for long run I would only recommended Bitcoin. Because he is the king. If I were you then I will consider at least own 1 BTC and then invest rest for altcoins. For me ETH, BNB, ARB, DOT are the only alternatives for bitcoin right now. I may be wrong but ETH, BNB survive lot of bear markets.
There are altcoins that can give us more than 1000× but the problem is that it is too risky. Those who don't understand the risks that are present in Crypto investment might think that it is mostly based on luck. Those who do there research diligently will think that it is very easy to be in the right project that will not end up been a rug pull. There are plenty of cryptocurrency projects that had scammed there investors because they were not smart enough to find out that they are in the wrong zone. Those who are profitable in crypto have once invested in a project that end up in a rug pull.
You forgot AVAX in your list. One of the outstanding features of Avalanche is its consensus mechanism This mechanism allows network nodes to agree on a consensus on the state of the blockchain without the need for an elaborate mining process. This results in faster transaction times and lower energy consumption compared to some other proof-of-work or proof-of-stake networks. I think these characteristics will become very relevant in the future.
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"Which one" means what? Investing Only on one single coins among those, Won't make you billionaire. Rather that was stupid way to loose your whole $40,000.... Think about it, only btc or eth or bnb can't trun your money from 40000 to 1 billion, impossible for each of those to pump hundred times. Rather invest with all of those with fix ratio. All of those are good coins. just make sure, durning investment, you are giving priority to btc eth and bnb with more percentage among those altcoins
Probably even if he invest in altcoins he won't be able to turn 40,000$ into a billion dollars, because that is a really unrealistic goal. Besides the fact the risk to take with altcoins is too high. Personally, I would invest 90% of the funds into BTC and 10% into solid altcoins like ETH. It's a conservative strategy, but reliable on long term to prevent losses and achieve consistent gains. However, each investor has their own strategy and goals, so always make your own research to best fulfill your plans. If I have $40k to invest in crypto, surely I will split it between BTC and eth. I am very confident about these two coins. Not that I don't believe in others, but with these two guys, you can be rest assured that your future is secured.
For now, it must be acknowledged, and all will also say the same as you: BTC and ETH are certainly very worthy of being prioritized for making investments, but it must also be remembered that there are still many altcoins that also have great potential, and I think BNB is very worthy of attention because of its very good reputation, and when it reaches the last ATH, it is quite surprising to be able to increase sharply.It must be remembered that BNB is currently very worth buying and holding until the bull run comes.
i can add BNB on the list. but to consider other alts, you need to assess each one of them about their potential future. check their foundation, most are just money grab projects.
if you have no time to study each of the alts, opt for top ones - BTC, ETH, BNB. other top alts like XRP, DOGE, ADA - you need to follow thru their updates because they have their own things to resolve. XRP with SEC, DOGE with hype, ADA with SEC again.
Yeah. It is up to individuals to decide what they want. Some will tell you ADA, XRP BTC and ETH. It is what they want and they may be right in their own decisions.
Point is, there are very coins to invest in with that huge amount of money.
If I have $40k to invest in crypto, surely I will split it between BTC and eth. I am very confident about these two coins. Not that I don't believe in others, but with these two guys, you can be rest assured that your future is secured.
For now, it must be acknowledged, and all will also say the same as you: BTC and ETH are certainly very worthy of being prioritized for making investments, but it must also be remembered that there are still many altcoins that also have great potential, and I think BNB is very worthy of attention because of its very good reputation, and when it reaches the last ATH, it is quite surprising to be able to increase sharply.It must be remembered that BNB is currently very worth buying and holding until the bull run comes.
i can add BNB on the list. but to consider other alts, you need to assess each one of them about their potential future. check their foundation, most are just money grab projects.
if you have no time to study each of the alts, opt for top ones - BTC, ETH, BNB. other top alts like XRP, DOGE, ADA - you need to follow thru their updates because they have their own things to resolve. XRP with SEC, DOGE with hype, ADA with SEC again.
That's a very big amount to invest in alt-coin with $40,000 we go a very long way to buy many alt-coins as much. Bear market is really a good time for a long term investment, while holding a particular coin is not too good because of unexpected pump Coin.
If I have $40k to invest in crypto, surely I will split it between BTC and eth. I am very confident about these two coins. Not that I don't believe in others, but with these two guys, you can be rest assured that your future is secured.
For now, it must be acknowledged, and all will also say the same as you: BTC and ETH are certainly very worthy of being prioritized for making investments, but it must also be remembered that there are still many altcoins that also have great potential, and I think BNB is very worthy of attention because of its very good reputation, and when it reaches the last ATH, it is quite surprising to be able to increase sharply.It must be remembered that BNB is currently very worth buying and holding until the bull run comes.
i can add BNB on the list. but to consider other alts, you need to assess each one of them about their potential future. check their foundation, most are just money grab projects.
if you have no time to study each of the alts, opt for top ones - BTC, ETH, BNB. other top alts like XRP, DOGE, ADA - you need to follow thru their updates because they have their own things to resolve. XRP with SEC, DOGE with hype, ADA with SEC again.
For me, I don't really trust DOGE and ADA, though they some potential but, they have not really lived up to expectations. And considering the fact that majority of project these days are built around BSC or ETH, that says a lot.
If I have $40k to invest in crypto, surely I will split it between BTC and eth. I am very confident about these two coins. Not that I don't believe in others, but with these two guys, you can be rest assured that your future is secured.
For now, it must be acknowledged, and all will also say the same as you: BTC and ETH are certainly very worthy of being prioritized for making investments, but it must also be remembered that there are still many altcoins that also have great potential, and I think BNB is very worthy of attention because of its very good reputation, and when it reaches the last ATH, it is quite surprising to be able to increase sharply.It must be remembered that BNB is currently very worth buying and holding until the bull run comes.
Yeah, you are correct. Maybe I need to update my list and add BNB to BTC and ETH. These three are good to go anytime, any day. But for the others, i know there are still some very good altcoins out there, but I stand with these three for now.
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