Topic: Investing against 2024 - page 2. (Read 435 times)

When you advise the OP to invest in altcoins, you are setting traps for the OP because I don't know how the OP will do research to get the appropriate altcoins that the OP will be investing in. You know we have a lot of altcoins entering the crypto space, and most of them are scams. I can see that the OP is still a newbie, asking him to go on research. The OP might just end up listening to people's opinions and might end up investing in the wrong altcoin, so the best thing I will tell the OP is to just invest in bitcoin and have peace of mind. Investing in altcoin is dangerous, and we know no matter how strong a altcoin is, it cannot be trusted. So many strong altcoins have failed us in the past, and I am sure more are still going to fail us in the future, so we have to be careful when investing in altcoins.

Also, after safely keeping our asset in cold storage, we should make sure our private key is properly secured, because a lot of people have lost their assets just because they didn't secure their private key, so the OP shouldn't fall victim. securing our private key is really important.

For me, investment doesn't need analysis, I just need to look at the cheapest and most affordable type of crypto to buy and invest. This analysis applies if we do crypto trading, Maybe analysis is important because we need to make decisions, research, check things about the development of crypto itself that we want to buy, for example: Bitcoin.

Investment is generally carried out in the nature of savings, for example: you buy Bitcoin at a cheap price and wait for a certain time then you sell it, In investing, what you need to pay attention to is the basic price you buy and monitor its continuation so you can sell it, but if I may suggest investing in Bitcoin, maybe it's better for now and in the future.

in my opinion, investing is not measured by time but is measured by profit, the point is to only sell when there is a profit, no matter how much time it takes, and I think if for example in 2024 the crypto market has not increased and we have not made a profit then don't sell it and Of course, it can be sold at the right time when prices rise and we make a profit.

I think bitcoin is the right choice because until now I think only bitcoin is the safest. I think that in investing the decision is in your hands, but if you are looking for information from reliable analysts, of course it doesn't matter, the important thing is that you have to be able to conclude what should be done to produce positive results in investing because in my opinion there are also many people who are good at trading and investment but still suffer losses. The point is, be yourself and be prepared for the risks that befall us.

Inevst against 2024? Maybe you are asking which coins to invest for 2024 and 2025 expected bull run? Well theres a lot of option right now but definitely youll stick with known and blue chips coins like btc, eth, bnb and top coins. But if you are a risk taker then go for low to mid cap projects that arent experiencing some bull run at all. Chances that these coins might do a heavy lifting on bull season.

Exactly bitcoin is the best to invest in and profit from, there are many coins that you can invest in but the one that is better is bitcoin, not only in 2024 but also in the next 5 years bitcoin will be the best crypto ever, if you have not started investing in bitcoin start it now before next year to get better returns because is only bitcoin that I believe will continue to give me profit when ever the price increases just try to be using 10% of your income and invest in bitcoin for long term in the next 3 to 4 years you will have gain profits with it, However, if you buy another coin that does gain value, I do not believe you will profit and you may lose your money since the volatile is not like Bitcoin where the price drops for a few days and then rises and you will absolutely profit even if he did not double your investment.

Nothing beats the top since bitcoin is always be the best option so provably you will always get this suggestion especially that people always prefer to have this. Also halving is going to happen so hype usually created on this season. Aside from that I think nothing is sure to get a pump since crypto is risky and market is volatile so you need  to do deep study so that you can possibly get a best coin to hodl intended for that year. But also be careful on suggestion given since even if they are telling some good crypto to have still you need to do your own research with that since even if the crypto have potential its still up for the investor on how they can earn since the main enemy of every investor is there emotion since that's how they create wrong decision so research is really important so you could provably know more things about what you are trying to invest.

It is of two different reasoning because before you get to Invest in any of the crypto sector, you must primarily learn the basic knowledges at first and then you can decide your intended cryptocurrency to get on otherwise, you can seek for a recommendation of a better crypto coin to Invest on.
So... You have the right of your "intended crytop coin" or "recommendations of a suitable coin".
So it is better you are clearly specific about your intentions here.
It is not mandatory that everyone one here must Invest on a particular crypto coin as there are numerous number of coins in active and lucrative but if you must be recommended to one, then I suggest you lean your crypto investment on Bitcoin because it is reputable and reliable with its high level of volatility to enrichment.

OP if you want to invest against 2024 I would always say invest in Bitcoin. I do not advise anyone to invest in any other coin other than Bitcoin. Many people are interested in investing in altcoins. Many say that altcoin investment is very profitable. I would say that altcoin investment has high returns but also has the highest risk. There are so many altcoin that all the coins have pumped hebby and died slowly so I say you don't need to take so much risk you should be interested in bitcoin investment with low risk.

"Opinion of others ". That's a problem most crypto enthusiast fail to understand because I believe the crypto market is varsely unpredictable and no one actually knows what's going or what will happen and what everyone is just doing is just mere speculation on the market according to their own insight so relying on advice or prediction from big names in the crypto space or moves by the news on the media about crypto is just something that really gets me confused because you can be in very big shit if you tend to follow and make out your own research.

Your request is related to FOMO. You are likely looking for people here to point out some coins for you to invest in so that you won't be missed out on people who invest ahead of the year 2024.
Bitcoin is the best coin to invest in, especially for beginners that have no experience about cryptocurrency. Any other coin you want to invest in needs you to do some research about the project to see if they is reliable to invest in.

Long-term investment is the best, and it is mostly profitable on Bitcoin because it is the only coin that has stood firm since its creation for more than a decade now. Investing in Bitcoin gives you, as a beginner, peace of mind, especially if you cannot read and interpret market charts. Seeing that any other coin relies on Bitcoin price movement before they can move makes Bitcoin the best coin ever to invest in for the long term.

Undoubtedly Bitcoin. The investment you go for will be less and more risky. Let me tell you through a story, suppose you are sitting in a park. A nut seller is passing by you, now you want to eat nuts. Then he asked the almond seller to give me almonds. Here I will not tell you how much nuts you should buy. Now I suggest you buy $1 nuts to increase your body calories. In that case, if someone else suggests you buy $2 nuts, you get double the calories. You will know what calories you need. In the case of investors, no one will tell you that if you invest so much money, you will get so much profit. You have to decide how much you will invest. Investing will mainly depend on your personal opinion and belief. Whatever diagnosis you choose, it can be based on your confidence and personal motivation. Bitcoin can be the best choice for you if you want to invest for future earnings.

Investing against next year need no much stress. We can either invest in Bitcoin or altcoins for us to make some reasonable profits from the market. Since Bitcoin is one of the safest cryptocurrency project in the market, it would be better if we invest more on Bitcoin and also add other altcoins investments too for us to get prepared for the 2024 bull run that is coming with full force. Investing in altcoins need us to do some research so that we are not going to make mistakes of putting our Money in projects that is not going to give us profits.

I think there are no specific standards if you want to invest in the world of crypto in choosing coins/tokens and what @tranthidung said following the graph is correct.

So. OP. The standard is how you put yourself in the best position to trade and invest whether in Bitcoin or others, and that is the main standard that must be carried out if you have invested later. Another addition is to be patient and disciplined in what you plan and don't change it at any time.

Bitcoin will remain the main investment in crypto. People still choose Bitcoin over altcoins. If you want to invest your money in altcoins, you can do it, but you have to be very careful because not all altcoins can increase in price.

And not all altcoins can stay in the crypto market so if people want to reduce their risk of loss, they can invest in Bitcoin. When investing in Bitcoin, you can use the DCA method, which has been widely explained in this forum. The method is also suitable for beginners who are just learning to invest in Bitcoin.

Diversification in investing can provide big profits but you must have the ability to analyze altcoins that have the opportunity to increase in the future. And it won't be easy to find it because almost all altcoins want it. But unfortunately, only truly capable altcoins can gain a position in the crypto market.

You are a beginner and this question you are asking in your early stage in cryptocurrency investment is very good. You asked a very good question but as a beginner, this is not the best for you to go for, there are other important things you should know before jumping into investment at this early stage. If it was important to you to invest, you should invest in no any other coin asides from bitcoin. It is the only one that has the potential the breed profit in the future and no any other cryptocurrency. Every other cryptocurrency build on the market of bitcoin but can only trail on it and cannot be it. What I mean is that; bitcoin is the consensus of every other coin, when it moves others follow suit and when it falls they still do the same.

Along the process, many of them that cannot adapt to the change of the market often quit the market and your investments in those coins leads to total loss. Why then invest in a coin that has no future potential to make it in the future. If you invited to this forum and the Bitcoin community that you will make a lot of money, it doesn’t happen overnight, it will pass through some process which one of it is through investment for a long time and the best coin for that is bitcoin. So as a beginner, if you’re here to invest, invest in no other coin but bitcoin. If you come in as a trader, just know that you are in for a bigger risk to be faced in the market than just investing and holding on to your bitcoin.

This forum is not like Youtube or Telegram or Instagram where finfluencers will tell you which coin will become the next multibagger.
Most people here believe in bitcoin and suggest to invest in BTC only. There are few altcoins like ETH which stand out from other altcoins.
But some people stick to BTC only. But yeah, don't fall for new altcoins which promise high returns.
My personaly suggestion would be to stick with BTC, ETH and may be just a little tiny bit in BNB.

It is good you asked this question here because this forum should be the best place you can receive expert advice from people who have been there right from the early days. I don't know how long you have been in cryptocurrency because the longer you are, the more experienced you become. Actually, if you have been long enough, you would realise that sk many things have happened as regards cryptocurrency. People have lost fortunes by buying the wrong assets and this make highly risky investing in any other thing apart from Bitcoin.

It is possible to gain from other coins but choosing which one that will not fail you can be very challenging because even some big coins and tokens failed investors. Therefore, I will recommend you buy and hold Bitcoin for the sake of your peace.

I will request OP that kindly rephrase your statement because It's very hard to understand,what you want to say. Regarding your searching about potential coins for investment leading up to 2024, I would like to tell you that Bitcoin is the only coin which is often regarded as the most safe and most established cryptocurrency. Some other coins like Ethereum,Matic etc also also good coins but these tokens can collapse any time just like Luna which BTC is the only totally decentralized coin and adopted by huge investors.

Daily so many new coins are launching including meme coins and it's not easy task to find a profitable token amongst thousand of projects. It's possible that one project gives a huge Profit in less time like Shib, doge, floki etc given but you have to invest in more than 100 project and who care it. I will advise you to keep your fund in btc for long term.

This is the Beginners & Help board and no one here will advise a beginner to invest in any altcoin aside from bitcoin which is dependable and has high tendency of profitable in the long run. If you want people to advise you on other altcoin to invest in, you can drop and ask the same question in the altcoin section. As a beginner, just focus on bitcoin and don’t invest in any altcoin, this is a candid advise.

I'm having a hard time understanding your post, but it's ok. I also have some difficulties in constructing English sentences as well. Overtime, as you read threads here, and share your opinion thru making a post, you will learn how to make proper, and better sentences like I am (though I'm still not good either) .

Back to your post, why do we need an analyst of wall-street standard whatsoever? Hire me, I'm also an analyst. I make predictions base on what I see on the market. Kidding aside, whether it's an analyst, an expert analyst or an Average Joe, they only do one thing in common, and that is to predict the market. The only differences is their explanation towards their prediction, but still they can't predict the market with 100% accuracy.

Just focus on Bitcoin I guess, and if you will try to buy an Altcoin, go with Ethereum only. That is if you're a newbie.