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$
Topic: If you had $500, which coins would you choose to buy - page 2. (Read 1383 times)
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.
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.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 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.
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.
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 $52k, it had a better growth percentage than most of the older altcoins which was great considering it and its backing project, Binance, had been through a lot of regulatory pressure lately and they still aren't completely out of it. So I think it might outperform most of the altcoins during the bull run if things stay how they are and there aren't any additions to the problems they have been facing. 
maybe ETH its as u get more amount for long term invesment rather then losing those on altcoins
there are many altcoins that is cheaper than Ethereum but has bigger potential like Solana , Binance and Even Cardano.also there are Meme coins that is still having best future like Dogecoin , so try not to focus in single currency though the capital is still cheap at 500$.
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.
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.
maybe ETH its as u get more amount for long term invesment rather then losing those on altcoins
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.
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.
I will diversify my investment in 5 different coins. It means $100 per coin.
There is a very popular quote " Don't put all your eggs in one basket"
If any f my coin give good profit. I will take it and book my profit.
There is a very popular quote " Don't put all your eggs in one basket"
If any f my coin give good profit. I will take it and book my profit.
with 500$ 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 $110, it can certainly be an attractive and adjustable investment.Remember that a few months ago, SOL was moving better until now, and it is not impossible that during the bullish season it will increase sharply, and it could be that you will experience 3x-5x.The most important thing is to reach their final ATH at the end of 2024, so that they can achieve what they want when they enter 2025. We are waiting for that. 
with 500$ 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 you had $500, which coins would you choose to buy
I have surveyed but not all altcoins, only a few. It can be said that on average they are very vulnerable to correction if BTC goes down. Maybe from me at this time ZIL is the right one to buy, ZIL's performance is really given a thumbs up now, but if you trade and look for data, for example, those who were previously competing at CMC, for example $MANTA or $ALT, my advice is don't. because traders tend to sell when prices rise only a little.
If you had $500, which coins would you choose to buy
If I had $500 dollars I would invest in several of the following coins. I tried to invest in the most popular coins in the market because investing in popular coins in the coin market is less risky. If I had $500 I would invest in the following five coins in five steps.Ethereum
Solana
TIA
Litecoin
Near Protocol
If I'd wanted to go short, then I may consider making trades with bitcoin and other coins, but if am to go on a long time investment, I will definitely maintain my boundaries with bitcoin alone and avoid any unnecessary panic that would have taken us far fetch on heart attacks, it's more easily comfortable with bitcoin investment than any other cryptocurrencies we may want to give a try on.
Honestly if I had $500 right now I would invest in XRP . I have been researching particular this coin since 2022 .Now this price $0.50 and few months later in bull market this price hopefully increase in 30% to 40% .So i strongly recommend if anyone have now ability to invest in alts then he or she should invest in XRP.
Did you know XRP was hacked yesterday from a manager. How do they keep their coin market right where managers can't secure their coins? I think XRP is the riskiest to invest in right now. Although many influencers predict XRP, I do not recommend investing in XRP on the words of those influencers and do not try to invest myself. I also invested by buying XRP on the words of some influencers, currently I am in a lot of loss. However, one can invest at his own risk if he feels like it.But if I had $500 I would buy ORDI coins for $500 and hold them. During the bull season of the market I think ORDI can go from $500 to $700. But my prediction is not that accurate but I think it can go that far.
Honestly if I had $500 right now I would invest in XRP . I have been researching particular this coin since 2022 .Now this price $0.50 and few months later in bull market this price hopefully increase in 30% to 40% .So i strongly recommend if anyone have now ability to invest in alts then he or she should invest in XRP.
If you had $500, which coins would you choose to buy
if only 500 dollars there are not many choices of coins that can be bought. want to buy coins that are supposedly safe. or choose coins that have the potential to provide large profits.
if I choose one that can be profitable and safe. and the best choice if the capital is only 500 dollars is bitcoin or ETH, or buy both.
but if you only buy bitcoin or ETH. even though the price is safe, it doesn't fall too much if it's a bearish season. but the profit you get if you buy ETH or bitcoin is not big. because the price movements are also not extreme. what's more, only small capital.
Jump to: