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Topic: If you had $500, which coins would you choose to buy (Read 1145 times)

full member
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Cashback 15%
If you had $500, which coins would you choose to buy
For many people $500 is a small amount, while there are some people to whom $500 is a large amount. $500 is a small amount to me, now if I am asked to invest I will invest in altcoins. $500 would be better to invest in altcoins. I will invest 40% in the most popular coin Ethereum among altcoins and 20% in Solana SOL and 20% in BNB and 10% in MATIC and 10% in DOGE coins. Investing in the above mentioned coins will give you good profits in the future.
full member
Activity: 2338
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★Bitvest.io★ Play Plinko or Invest!
If you had $500, which coins would you choose to buy
anything but not those shitcoin you mentioned .

500 dollars is a decent amount for me so why would I risk in your shitcoins ?

Maybe i would rather invest  in Memecoins or other cheap coins like XRP than those listed in the Poll.

I will also take some part to buy 1 solana at least.
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Activity: 362
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First i will diversification altcoins and use this money equally to them. There are many altcoins which are good. Some will give you lots of profit, some will give you low but secure profit. And i think you should mix such altcoins for avarage good profit. These are some altcoins in my wishlist like solana, matic, icp, arb, Jup, manta, Ena, Wif, pepe, bome. You should analysis about them before adding or buying these altcoins. And do your own analysis. You will be responsible for your own loss or profit
MiF
sr. member
Activity: 1344
Merit: 258
If you had $500, which coins would you choose to buy
I will choose to buy most popular coin, bnb Ethereum, bitcoin etc choosing coin is the most important matter because if you will not choose the right coin you are just like wasting money and time, so for me to be more secure i will choose the proven and tested coin for a very long time to avoid loses.
member
Activity: 420
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500 dollar investment is not enough for bitcoin but 5000 dollar would be enough for bitcoin.  If I was asked to invest $500 I would definitely invest on some altcoins.  Especially Shiba Inu, Pepe, Bonk, Book of Meme, I used to invest and hold all these altcoins.  Investing in these altcoins has a high chance of profit.
full member
Activity: 581
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It seems a lower amount but it might be a lot for someone. So need to choice altcoins wisely so that to ensure maximum return from that money. But i can see you mentioned some altcoins for choice! These are unknown to me and if i had $500, then I won't Choice any of these altcoins but I'll definitely diversification this amount before choosing altcoins from top. Like matic, ton, arb, icp, sui and some others
hero member
Activity: 2464
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Eloncoin.org - Mars, here we come!
5000$ is very good amount and if I had this amount the I would diversify my Portfolio for maximum profit. The problem with people is that when they have such amount of money they started investing in one coins and second mistake is that they invest all at once. We have to diversify and use DCA to get good profit. I will diversify in this way.

BTC= 1000;usdt
Eth= 800 Usdt
BNB= 400 USDT
Solona= 400 usdt
XRP= 300 usdt
ARB,OP,Strk,jup= 200$ each=800$
Doge= 300$
New coins= 1000$
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★Bitvest.io★ Play Plinko or Invest!
Ethereum and BNB are doing very well among the altcoins with bitcoin going up in value. If I had $500 I would prefer BNB it seems best to me. The price has increased a lot compared to before bitcoin price is very high now but BNB price is low and very cheap in comparison. Bull season can move higher and many safe currencies there is no fear of losing in these altcoins.
hero member
Activity: 2534
Merit: 585
Leading Crypto Sports Betting & Casino Platform
I will diversify my investment in 5 different coins. It means $100 per coin.
There is a very popular quote " Don't put all your eggs in one basket"
If any f my coin give good profit. I will take it and book my profit.
That's probably the best strategy when it comes to investments in a market that is highly volatile and unpredictable. You never know what might happen next in the cryptocurrency market, so you can't expect any cryptocurrency to work exactly in your favour and have all your money invested in it. It's wise to choose multiple cryptocurrencies instead so that if a few of them fail and don't give you any returns, the others might balance your capital along with some profits.

That being said, I am not a fan of over-diversification, which means that you shouldn't invest a small amount into a bunch of different cryptocurrencies where each one would only get about $10 to $20 and you would barely get a few bucks in return even if a lot of them manage to turn profitable which wouldn't be able to cover your loss in case a few of your investments fail.
full member
Activity: 2338
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maybe ETH its as u get more amount for long term invesment rather then losing those on altcoins
remember that ETH is also an Altcoins so you are calling Ethereum when you called losing in those altcoins.
If I had 500 dollars to invest then better to move it into 5 different coins to make more chances in earning when the market
change route because we know when there are bull market there are other altcoins that make more profit than others.
hero member
Activity: 2968
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www.Crypto.Games: Multiple coins, multiple games
But your list and diversified folio seems to be a little , better to invest in at least 5 different coins(including bitcoin).
Good suggestion, but since this thread is in the Altcoin section, I suppose OP was asking about altcoins only and Bitcoin shouldn't be among the coins or tokens suggested, in my opinion.

Binance on the other hand is facing a lot of difficulties and issues recently specially in Asian country and the US.
It still outperformed a lot of altcoins in the recent pump that Bitcoin had when hitting $52k, it had a better growth percentage than most of the older altcoins which was great considering it and its backing project, Binance, had been through a lot of regulatory pressure lately and they still aren't completely out of it. So I think it might outperform most of the altcoins during the bull run if things stay how they are and there aren't any additions to the problems they have been facing.
sr. member
Activity: 2618
Merit: 439
maybe ETH its as u get more amount for long term invesment rather then losing those on altcoins
there are many altcoins that is cheaper than Ethereum but has bigger potential like Solana , Binance and Even Cardano.
also there are Meme coins that is still having best future like Dogecoin , so try not to focus in single currency though the capital is still cheap at 500$.
full member
Activity: 1974
Merit: 147
If I have such money in my account, I will not invest the money in one coin because there are many coins in the market you will invest $500 in the bearish season and hold for long years before you can release them for sale and you will make a good income from them.  I will invest in this two coins, Dogecoin and Solana, because those coins are doing well in this season which those that invested on them in the past can testify what they are achieving in this little bullish season that appear in the market. I know that you have your choice to make on this situation, but I will advice you to make all those coins i mentioned as your choice, and try to apply long term holding on them and you will achieve massive income in the future.
sr. member
Activity: 2772
Merit: 357
Eloncoin.org - Mars, here we come!
Well, personally I would invest all that money into BNB. However, if 1 altcoin is too risky to invest, then I will invest the $500 I have in 3 popular altcoins, namely BNB, SOL, and maybe ADA. I think that these coins have high upside potential after the Halving, in fact I think that the price might exceed their respective ATHs or at least almost reach their ATHs.
The voting had ended and OP did not locked this thread , I don't know what he is waiting to hear from us when he already
had tons of replies almost saying the same coins over and over.

But your list and diversified folio seems to be a little , better to invest in at least 5 different coins(including bitcoin).

Binance on the other hand is facing a lot of difficulties and issues recently specially in Asian country and the US.
copper member
Activity: 45
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maybe ETH its as u get more amount for long term invesment rather then losing those on altcoins
legendary
Activity: 2688
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Sugars.zone | DatingFi - Earn for Posting
Well, personally I would invest all that money into BNB. However, if 1 altcoin is too risky to invest, then I will invest the $500 I have in 3 popular altcoins, namely BNB, SOL, and maybe ADA. I think that these coins have high upside potential after the Halving, in fact I think that the price might exceed their respective ATHs or at least almost reach their ATHs.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
an altcoin that is not yet in the top 500, because it has the potential to make my $500 into $5k or even $50k, but of course the risk is definitely big (high risk, high profit) and altcoin that I recommend is UMB, because I see this project as a hidden gem, so when the right time comes, then the price will definitely increase very high, so of course UMB has a good potential to be used as a long-term investment and can make me rich, but if you want to invest in UMB, then I still advise you to DYOR before investing in UMB.
What are the odds of that happening? Don't you think that a cryptocurrency that has already earned its name and position in the market would be a better choice when making such a decision? Even if you decide to invest in a new coin or token, at least don't put all your eggs in one basket because if the token or coin fails and doesn't fulfil your expectations, all you can do then is regret your decision which is to no avail.

So, when you are investing in altcoins, you should always diversify the amount you are going to invest so that if some of the coins you've invested in fail to provide you with good returns, the others that work will have it covered and you will still do good and won't lose any money for the investments that failed.
member
Activity: 812
Merit: 53
I will diversify my investment in 5 different coins. It means $100 per coin.
There is a very popular quote " Don't put all your eggs in one basket"
If any f my coin give good profit. I will take it and book my profit.
full member
Activity: 2268
Merit: 121
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with 500$ maybe I will buy Solana because Solana can make 3-5x profits. Maybe why I choose Solana is because the Solana network is very fast and gas fees are cheap. Many people switch to the Solana network because of this, therefore my prediction is that Solana will fly. during the market bullrun because many people use the Solana network, remember, this is just my personal assumption and prediction, do your own research
If the assumption is that the capital is not too large, of course you have to adjust it to the coin price, but you still have to look for potential coins.So I really agree with you that SOL is the choice, because at the current price of $110, it can certainly be an attractive and adjustable investment.Remember that a few months ago, SOL was moving better until now, and it is not impossible that during the bullish season it will increase sharply, and it could be that you will experience 3x-5x.The most important thing is to reach their final ATH at the end of 2024, so that they can achieve what they want when they enter 2025. We are waiting for that.
sr. member
Activity: 533
Merit: 250
Sugars.zone | DatingFi - Earn for Posting
with 500$ maybe I will buy Solana because Solana can make 3-5x profits. Maybe why I choose Solana is because the Solana network is very fast and gas fees are cheap. Many people switch to the Solana network because of this, therefore my prediction is that Solana will fly. during the market bullrun because many people use the Solana network, remember, this is just my personal assumption and prediction, do your own research
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