Investing my $2000 to altcoins instead of Bitcoin - page 6.

Ridwan Fauzi

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Quote from: marycrazy08 on November 24, 2020, 03:23:06 AM

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

As long as you are not greedy you still have a chance to getting profit although the altcoin price are increasing.

I'm not sure this is the best advise or not but in a few days ago I'm trading in two altcoin namely xrp and xlm and I got a good return form my daily trade.

You may need to try, there are some factors that could make those altcoins price will increase more. Given the economic situation will push many people comfortable to choose crypto currency as a good place to get money.

isaac_clarke22

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Quote from: marycrazy08 on November 24, 2020, 03:23:06 AM

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

Bitcoin although it's not an altcoin though. Though I'd consider Ethereum as well but I think I got too late already when I last did my sold.
I would consider BNB as well, just look at the topper coins these days.

Captain Corporate

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Right now I would distribute it this way;

250 dollar Lumen
250 dollar Tron
250 dollar Eos
250 dollar BNB
500 dollar ETH
500 dollar Bitcoin

If you invest it this way you could make a decent amount of money from your investment. If you want you could definitely squeeze in some others as well. For example make the 250 dollar ones 200 dollars and add another 200 dollar one like Link for example, that way you will add one more project in there. Or you could drop ETH and BTC into 250 dollar as well and you can get 2 more 250 dollars. Hell you could make all of these 200 dollars and add in a lot more. So in the end you could grow this list if you want but in the end I would say this is a good base to work on. If you see any of these go super high, you could sell a part of it, take it back down to what it was and use the excess profit to grow your portfolio, that is a much better method.

Argoo

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Quote from: trauchot on November 24, 2020, 06:28:03 AM

Now there is a huge hype around Ethereum due to the release of Ethereum 2.0 and the price of Ethereum is growing throughout 2020, and therefore I am sure that Ethereum will soon reach the 1k$ mark and possibly even more, but most likely there will be a Ethereum price correction before the 1k$ mark and exactly when there will be a Ethereum price correction then it will be necessary to invest in Ethereum.

Of course, now ethereum is one of the most promising for the price growth of cryptocurrencies. Given that the zero phase of Ethereum 2.0 will be launched as planned, on December 1, this coin should rise significantly in price even before the new year. Of course, it is possible to invest in other lesser known altcoins. Some of them may rise in price even more than Bitcoin or ethereum. However, such an altcoin is difficult to choose. There is a lot of risk here.

dhemasm

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Personally for me since Bitcoin was on bullish trend it's always better to hold it but since the thread was asking about altcoin, There are some good Altcoin for now, First Ethereum with only need around 1-2 Weeks to break $500 and today it's around $600, It will continue for around $700-$800 and one of the Good alternative Beside Bitcoin, After that Arweave, XRP and ADA which have an good trend lately. The last one it's not really an Advice but maybe you can check CAKE (PancakeSwap), It's almost stable for around 3 Weeks on $0,25-$0,3 and it was good option if you try your luck to get some profits from market movement and Passive Income (300% APY).

arjuna BTC

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Quote from: marycrazy08 on November 24, 2020, 03:23:06 AM

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

you can drop your money to ethereum and tron my friend
i think its not too late, because both altcoins have a lot of potential to break its ATH

rat03gopoh

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Check the chart first, the price is too high to start investing. If I were the op, I wouldn't be rushing into investing now, or I'd ignore altcoins as an investment plan. Because if you compare the charts, I think bitcoin is safer from a significant drop.

lunnatic

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buy Bitcoin only, and your target must be at $ 20k,
or if Bitcoin can break $ 20k then the next target is $ 50k,
while the price of Bitcoin is still above $ 19k this is good to buy.

dumpida

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Quote from: marycrazy08 on November 24, 2020, 03:23:06 AM

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

everything, 2000 the amount is small, it is better to have a greater risk and earn more, the main thing is to choose the right altcoins that will soon have updates and they are in the top, this will be at least a guarantee of profit not lower than bitcoin.

Untomabur

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$ 2000 is quite a lot for me, you can buy Ripple or Tron,
because $ 2000 will give you more profit on top projects,
especially now is the time for altcoins to show their performance, hopefully you have profit.

kbhutto

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You can choose 4 Coin that will give you a positive passive, UNI, ADA, XRP, ETH
you can share $ 2k to the 4 coin. ATH UNI $ 15, current UNI price is only $ 3. Of course it is still very cheap and big The opportunity will soon past $ 5. The current market position is very easy to take profits as it was with ETH.

fridrix21

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Yes, you are right, altcoins have already grown a lot. Wait for them to correct, and then gradually buy the altcoins that fell the most and which are the most promising.

mamesso

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Altcoins are showing a very good development, almost all investors want to put money in it. Yeah, they have the same goal, but take a different path.
If you want to invest, Try using a stop loss strategy, you can buy some good coins, like Ethereum, XRP, XLM, and don't forget to save a little of your money to buy bitcoin.

Becky666

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Quote from: marycrazy08 on November 24, 2020, 03:23:06 AM

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

Well, there are series of altcoins that are still undervalue which will be good for investment. DOGCOIN will be my recommendation if you ask my opinion, but this isn't an investment advise, ensure to do more research before invest. Also, KAVA coin should be another consideration for anyone who want to give a try for current undervalue altcoins in the market. These two altcoins should be carefully look into for possible future price spike.

Princejebs

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At this time of coins rallies, its better to be neutral, don't caught up on pump and dumps. But if you really want to hold for long term, I will advise you to start with Bitcoin.
Do you know why Btc is safe haven? Market is a circle and I believe the time for the end of this rallies are imminent and altcoins will likely suffer the most because they haven't be making huge moves.

When Btc makes a - 20% correction, there is probability of altcoins doing x2 of Btc which is bad for ones portfolio.

Leah38

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There's new projects you might want to invest on but just do thorough research before investing. For the safer side I'll but ETH. Its value will still go up. Just be sure to monitor its price so as to know when to convert to usdt before ETH value crashes down.

Gayong88

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Always put your money where it is worth investing. Follow market prices and investors who have a high reputation so there is no doubt that you are investing. You can choose a minimum of the top 10 coins/tokens. ETH in my opinion has both the rating potential and the potential for even higher price increases going forward.

ven7net

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Quote from: marycrazy08 on November 24, 2020, 03:23:06 AM

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

If I had $ 2,000 to invest at the moment, I would refer to the list of altcoins and their growth history. Assuming there is a cyclicality in the crypto market, we can see that every four years the market peaks in cryptocurrency prices. The last peak was in 2017, adding four years we get 2021. And so we can assume that exactly 2021 will be a new peak in the growth of prices for cryptocurrencies. Next, we go and see which altcoins were growing in 2017 and what their peak prices were, and also see how much they cost now. This is how you can try choosing altcoins for investment now.

nrvasquez

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Quote from: 3meek on November 24, 2020, 08:20:14 AM

I would divide 2000 dollars into 5 equal parts and invest 400 dollars each in these projects:
- Komodo (KMD);
- Zcash (ZEC);
- ProximaX (XPX);
- Chromia (CHR);
- BEAM.
But I would do it right now and sell it gradually when the right price is reached x2-x3...

Komodo and Zcash would be very good choices for now, for an alternative I think XRP and BNB would be very profitable. Other options to choose from are Polkadot and Chainlink, both of which have been really good these days

bounceback

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Quote from: marycrazy08 on November 24, 2020, 03:23:06 AM

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

Buy XRP now because still good after down and back again to higher price, but I can't responsibility when you loss later if Ripple back to lower price, just recheck with Ripple coin now and you can track that coin before trading or only watching. I think have correction last hour but Ripple now back again to higher price and choose on your hand I just give the information about good coin to buy and trade, now depend with your choose to buy or not because look too risk.

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