If you had $500, which coins would you choose to buy - page 4.

dansus021

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Quote from: mdzahed134 on January 16, 2024, 04:03:22 AM

Quote from: babygun on December 09, 2023, 11:49:03 PM

One of the main problems with BNB is that you can only trade it at Binance. Many governments don't allow Binance anymore or put huge restrictions on it (my country also doesn't allow it) so I needed to cash out every BNB I had. Personally, I would just buy some more ETH, it is a safer bet and it has potential to go a lot higher.

Nope, BNB coin mostly trading on the Binance exchange if it’s a their native coin they opened it for a lot of pairs but beside Binance it also listed other several major exchanges as like OkEx, Kucoin, Bybit, Mexc and many more. So there are many alternate way to trade it, and also you can buy it from DEX, government never identify to you.

Bnb is my personal choice guys since I wrote I choose BNB It went up to 26% in my portfolio tho is only a small amount.
and mdzahed134 was right BNB is listed in anywhere and if you take a look at the BSCscan the chain itself proceed around 4.7 Million Transaction per day meaning this chain quite popular, the second biggest dex pancakeswap also started from the BNB

cryptoknightt

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I will buy AI and Layer2 projects such as ARB, Fetch AI, Optimist, and several other projects such as TIA, Inj, Atom,
because people here give their opinions according to their views.
and also we speculate here.

huu78

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i will buy celestia because i am very bullish this will be the market for modular, although other sectors will also not be left behind and will develop like AI,defi.

cakravothy

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will not buy the coins you have selected.
All three are not good coins in terms of marketcap. user community or transaction volume are not good coins.
free clore statox. a coin that is very risky to experience large losses to buy.

Xampeuu

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If I had the choice to invest $500, then I would split it into several main altcoins, perhaps ethereum would be the main choice with an investment of $200, others I would place in polygon for $100, then Solana for $100, and finally Cardano for $100. With diversification, it is hoped that we can reduce risk, considering that we don't know what will happen next, especially when investing in crypto has a high level of risk, so we have to be good at managing risk.

Wiwo

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With such an amount, I will go for coins that have high visibility and hold the for short term speculations, this can be Solo or ALEX coins because both coins have caught my attention lately while solo is an already known coin in the market that have hard alot of volities in it market and also being able to have made good profits for investors who got in when the price was at it base level...

ALEX coin in the other hand is a newly listed coin on Kucoin and from it chart so far the coin shown alot of potentials, despite mentioning this two coins, we still have other great coins out there that can perform more better than this two coins.

Dunamisx

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I don't think I have to invest my entire additional income or money on altcoins am not too sure about their existence, all I could do is to first go through their recent performance and make more research on any altcoins I have in mind, but I will be very more careful about the newly introduced ones to make an investment on them, I can manage to risk going for Pepe, doge, Shiba and their likes.

cheezcarls

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If I only had that extra money, I would buy these coins for 2024:

1. TIA
2. INJ
3. OSMO
4. ATOM
5. SOL

I’ll just diversify them at least $100 worth each.

I am speculating that these coins will be having the most airdrops of 2024 for those who are staking in various validators (not in the top 10 or any greedy validator owned by CEXs).

I’ve already staked some TIA, INJ, OSMO, ATOM and SOL but I want to add more. These are the mid-term coins that I am planning to DCA this 2024 with my extra “not beer” money as I believe that this would be the airdrop season on top of the much-anticipated Bitcoin halving.

encryptogon

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If I had this amount of money, I would go for low-price coins because the profit margin in them is good. I have researched a few coins which are good for investment if you have little money.
DOGE > Because of Elon Musk's involvement, this coin can give a good profit
SHIBA > I have seen videos of many analysts saying that SHIBA will skyrocket in the coming bull run
BTC and ETH > Community favourites for long-term investment

irsykes

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The hype coin that is currently recommended for me is that I prefer TIA, COSMOS, TON, MANTA, OPBNB coins. On the other hand, by buying these coins, we can stake for the long term. and the bonus news is that you can get an airdrop from those who fulfill the requirements. Yes, even though it's not 100% there will be an airdrop, there is currently hype about airdrops for certain coin staking modes

mdzahed134

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Quote from: babygun on December 09, 2023, 11:49:03 PM

Quote from: mdzahed134 on December 09, 2023, 09:20:22 PM

Quote from: dansus021 on December 06, 2023, 09:24:51 PM

For now if I have 500$ I would buy BNB since to much noise right now happen on BNB and the price is down because to many bad news but I think this coin still has potential in future the daily transaction on BSC is still high and the Binance is still continue to operate and the coin is one of the top 10 by marketcap

I think you have other better option then BNB, but i dose not mean that BNB is not worth buying, it’s true that BNB is dropped and now a bit cheap prices to considering in the green market, BNB will long term worth investment if they will win the case i believe it of course highly pump as like XRP was increased after won the case.

One of the main problems with BNB is that you can only trade it at Binance. Many governments don't allow Binance anymore or put huge restrictions on it (my country also doesn't allow it) so I needed to cash out every BNB I had. Personally, I would just buy some more ETH, it is a safer bet and it has potential to go a lot higher.

Nope, BNB coin mostly trading on the Binance exchange if it’s a their native coin they opened it for a lot of pairs but beside Binance it also listed other several major exchanges as like OkEx, Kucoin, Bybit, Mexc and many more. So there are many alternate way to trade it, and also you can buy it from DEX, government never identify to you.

Mate2237

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Quote from: guchen202 on December 01, 2023, 11:36:31 PM

If you had $500, which coins would you choose to buy

This is a simple and straight forward question. There is no two ways to think which to invest, and it is very clear for everyone eyes to see and everyone ear to hear. It is Bitcoin. If I use that amount to start investing in altcoins, it is not make sense for me so I will choose Bitcoin to invest so that in the next All Time High, I will make something out of nothing. And to invest in another coins aside from Bitcoin then I will still choose Ethereum because it is the second coin I know in the cryptocurrency ecosystem world.

tvplus006

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Quote from: Sophokles on December 23, 2023, 05:48:56 PM

Any new altcoin that had a lot of hype in the market. The investment amount is not great so my best bet is be investing in a project which is new and most of its tokens is still locked. These are the project that whales try to manipulate and if i am lucky enough, I can get one such project that can give me multiple X by investing only 500$. That is risky but the amount is low so the risk is worth it. If my investment goes very well it can raise funds to add a few more altcoins to my portfolio which will give me a better chance to get more gems.

To find a coin that has a great potential to increase the price, you need to have experience and knowledge or possess insider information. If you do not have this data, then any investment will be comparable to a casino, which will eventually lead to the loss of the deposit.

Sophokles

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Any new altcoin that had a lot of hype in the market. The investment amount is not great so my best bet is be investing in a project which is new and most of its tokens is still locked. These are the project that whales try to manipulate and if i am lucky enough, I can get one such project that can give me multiple X by investing only 500$. That is risky but the amount is low so the risk is worth it. If my investment goes very well it can raise funds to add a few more altcoins to my portfolio which will give me a better chance to get more gems.

Miles2006

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Quote from: guchen202 on December 01, 2023, 11:36:31 PM

If you had $500, which coins would you choose to buy

Firstly every investor will have their own choice and opinion but it seems like every beginner will be careful not to make any mistake with that huge amount, I will go for the coin that has trust cause I hate taking risk more especially with financial matter but a lot of investors will love to buy some new random coins with no guarantee. I will go for bitcoin and ETH cause this coins has potential and has high level of trust, splitting the money and buying other potential coins is not the problem but beginners like me who are new in the game and lack experience it's advisable to go for bitcoin, secondly it's best to avoid the FOMO more especially with a huge money.

2Pizza410000BTC

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Quote from: peter0425 on December 23, 2023, 06:31:13 AM

Quote from: 2Pizza410000BTC on December 22, 2023, 08:50:02 PM

Quote from: guchen202 on December 01, 2023, 11:36:31 PM

If you had $500, which coins would you choose to buy

If is altcoin I would invest in Ripple (XRP) if I had $500. XRP is in a bad shape right now due to SEC charges. SEC charges on XRP will be settled in April. If the April SEC charges are approved, the XRP market will be pumping a lot. Various market experts have estimated that the price of XRP could rise to $10 to $15 once the SEC charges are settled. I also believe XRP will hold such a spot if the SEC charge on XRP are settled. Investment is a personal matter but if I have $500 I will definitely invest in XRP and wait until April if necessary.

so this is the reason why Ripple is still stagnant ? because the case is still not settled and we need to wait for the next year in which I believe Halving of bitcoin will also take place, this is best to invest because the prices will surely fall that bad and yes may bring better result that other years now.

Since the last hearing on the SEC charges is in April, we will have to wait until April next year. But we can see that right now unique coins are in their price recovery but XRP is not in price recovery. The XRP coin certainly remains a pain here as the Bitcoin market and the unique coin market grow, but its price is not rising. However, if the SEC charges are settled, the price of XRP is expected to be higher than people expected.

peter0425

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Quote from: 2Pizza410000BTC on December 22, 2023, 08:50:02 PM

Quote from: guchen202 on December 01, 2023, 11:36:31 PM

If you had $500, which coins would you choose to buy

If is altcoin I would invest in Ripple (XRP) if I had $500. XRP is in a bad shape right now due to SEC charges. SEC charges on XRP will be settled in April. If the April SEC charges are approved, the XRP market will be pumping a lot. Various market experts have estimated that the price of XRP could rise to $10 to $15 once the SEC charges are settled. I also believe XRP will hold such a spot if the SEC charge on XRP are settled. Investment is a personal matter but if I have $500 I will definitely invest in XRP and wait until April if necessary.

so this is the reason why Ripple is still stagnant ? because the case is still not settled and we need to wait for the next year in which I believe Halving of bitcoin will also take place, this is best to invest because the prices will surely fall that bad and yes may bring better result that other years now.

Essential10

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Quote from: guchen202 on December 01, 2023, 11:36:31 PM

If you had $500, which coins would you choose to buy

Now if I have $500 and the question is about investment, I will choose a one coin to invest. Since there are several good coins in the market, I would like to invest 100% of the $500 in any one coin without splitting it among other coins. Since bullrun is looking forward to the futures market with Bitcoin Halving, my first choice is Bitcoin. Although there are some popular altcoins in the market that can provide good return on investment such as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Cardano (ADA), Polkadot (DOT), Chainlink (LINK), Stellar (XLM) these i will keep it as my second choice.

wxa7115

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Quote from: babygun on December 18, 2023, 11:42:59 PM

Quote from: wxa7115 on December 16, 2023, 11:37:22 PM

Quote from: ice18 on December 14, 2023, 11:09:43 AM

25% btc, 25%eth 50% on other alts, sol,xrp, shib,bonk,meme and other top altcoins in marketcap 500 usd is kinda small to invest but choosing the most promising gems might give you an overwhelming profit this bull season choose it wisely.

500 dollars is not really a lot of money, especially if you are thinking about investing in more than five coins, because then a great deal of your money will disappear with all the fees you will have to pay, so I would think that it is better to invest all of that money in a single coin.

And when we think about the best coin which we can buy there is not really a discussion to be had, bitcoin is the best choice by far and the one coin I would buy if I just had 500 dollars to invest here.

While 500$ is not a lot, it can be a good start to begin with trading but I would choose only 1-2 coins. Don’t know what exchanges you use, but the fees for buying/selling crypto is pretty cheap ( I mainly use Kraken).
Always do your own research before buying something as everybody on here will always have their favorite coins (with or without any good reasons).

Investing in two coins with that amount of money is still reasonable, however investing in 5 or more will be much more problematic for a newbie like the OP.

And the reason for this is that keeping track of so many coins is not going to be easy for them, newbies already have problems keeping track of the movements of bitcoin, and if they were to add a lot of coins without the proper experience, it is to be expected they will fail to demonstrate their skills as investors or traders in the appropriate manner.

2Pizza410000BTC

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Quote from: guchen202 on December 01, 2023, 11:36:31 PM

If you had $500, which coins would you choose to buy

If is altcoin I would invest in Ripple (XRP) if I had $500. XRP is in a bad shape right now due to SEC charges. SEC charges on XRP will be settled in April. If the April SEC charges are approved, the XRP market will be pumping a lot. Various market experts have estimated that the price of XRP could rise to $10 to $15 once the SEC charges are settled. I also believe XRP will hold such a spot if the SEC charge on XRP are settled. Investment is a personal matter but if I have $500 I will definitely invest in XRP and wait until April if necessary.

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