This year might be a best year for altcoins so knowing the matter of risk a lot of investors and traders already have accumulated onto some major altcoins. We already were in dip and now the markets have started showing a significant growth so we can expect the prices to hike sooner. This would bring a lot of profits to the holders who already were able to buy few coins at a dip.
I do not really think that most of the coins would now offer us the opportunity to buy them at cheap prices because some of the coins like ETH already have been moved above the resistant which would not make them run for support again. Bitcoins would always be a better source for investment and none of the trader or investor forgets about bitcoins whenever they are making their investments.
Topic: Investment Advice for year 2020 - page 10. (Read 1730 times)
Bitcoin and some top altcoins(eth, ltc, trx, etc.) are the best ones to invest right now for me. Maybe more profits can be made by investing in a new project which has a good potential, but many of the new projects failed last year. Therefore, investing in a new project at this stage is quite risky for me.
If ever you have the ability to choose a real and scam project than you would never have much risk by investing in newly launched projects. Newly launched projects have the ability to make a quick move and some of those projects might even have 5x to 10x of their price the same day they would launched on any of the exchanges so investing in such projects would make you gain higher profits.Moreover, this year seems to be a altcoin year where major altcoins as well as newly launched coins might have a sudden pump so it might be better for us to keep our hands on some of the top projects for this year to not miss the bull runs. Investing in top 5 coins from the coinmarketcap might perhaps be a must for the coming bull runs but also diversifying some of our investments in newly launched projects might seem profitable.
On the off chance that you intend to put money/Funds into Alts, kindly do your own examination and know that deceitful advertising sensationalizes pretty much every altcoin projects. Altcoins, and the organizations behind the projects are additionally helpless against guideline, Bitcoin isn't.
Bitcoin is the far superior investment for 2020. Not exclusively is it seen as a place of refuge resource, but at the same time it's the first digital money and consistently leads blockchain advancement through it's BIP procedure
If you must hold altcoin because they always bring better profits do not go too deep and make sure your altcoins are top altcoins
In short we need to dig first the background of any project that we like to invest especially those new projects that are popping up from nowhere. Bitcoin is the far superior investment for 2020. Not exclusively is it seen as a place of refuge resource, but at the same time it's the first digital money and consistently leads blockchain advancement through it's BIP procedure
If you must hold altcoin because they always bring better profits do not go too deep and make sure your altcoins are top altcoins
We should be careful to those new projects that are promising a huge ROI as most of them are run away scammers or shit projects. Unrank altcoins are very risky so we should think twice before we will decide to invest to them the same with new altcoins but if we like a safer investment then we should choose the top ranking coins/altcoins.
At this stage, Bitcoin is close to $ 10,000. At this time, please try not to touch the new cryptocurrency. You can consider cryptocurrencies that were relatively undervalued in the past. This will make you more likely to succeed and won't leave you with nothing in the next bull market. In the bull market of 2017, it is now possible to reconsider some of the previous brilliant cryptocurrencies.
Bitcoin and some top altcoins(eth, ltc, trx, etc.) are the best ones to invest right now for me. Maybe more profits can be made by investing in a new project which has a good potential, but many of the new projects failed last year. Therefore, investing in a new project at this stage is quite risky for me.
You need to plan your end state - and stick to it. If you don't you'll sell at the wrong time. Divide up your investment between select coins only.
Watch this : https://youtu.be/00tiOaI-LVg
I'm going to create a new thread and share this video there as well.
Watch this : https://youtu.be/00tiOaI-LVg
I'm going to create a new thread and share this video there as well.
Cheap altcoins can still bring huge profits, for example Hologen (HOT) project that's been around for two years now and still very cheap, Tron is a top altcoin and still very cheap as well, these coins can bring better profits because of their use cases, if you can do some research you will find better coins
Try to invest with top coins like BTC Bitcoin , Ethereum , TRX- TRON, Doge, try to avoid new project until market stabilized, do some good research if you vow to invest in new project !
Thanks
Regards
One thing is certain though, if Ethereum can surge back to its all time high of 2017 many tokens will surge in value as well, we have good new projects in crypto space and we shouldn't be too scared of these new projects if we can do better research on them, new projects are meants to provide better version and features than old projects Thanks
Regards
Bitcoin is Bitcoin, we are looking forward to upcoming mining and hope for the better. At the same time buying new and cheap altcoins may be very risky.
Actually it is risky to buy even those old ones like XRP or LTC, because they are falling for a long time now.
But unfortunately they' re not going anywhere, so newcomers will keep losing money on them
Bitcoin is Bitcoin, we are looking forward to upcoming mining and hope for the better. At the same time buying new and cheap altcoins may be very risky.
Yeah, that is correct.
Watch carefully at the market.
It is like hell now. All are in red and its damn bloody.
Will be better off the top 3 coins or much better stay with bitcoin and Ethereum.
There is not much chances now into making a real profit into investing with altcoin that are newly created.
Let us say 50-50 percentage and that is a large risk if you are a real investor. No, I wont take that.
Watch carefully at the market.
It is like hell now. All are in red and its damn bloody.
Will be better off the top 3 coins or much better stay with bitcoin and Ethereum.
There is not much chances now into making a real profit into investing with altcoin that are newly created.
Let us say 50-50 percentage and that is a large risk if you are a real investor. No, I wont take that.
Bitcoin should be your highest allocation on your portfolio no matter what. It is the lesser risk on all of cryptocurrency, if it doesnt gonna go mainstream then all altcoins would follow. But its much better to diversify your portofolio by owning some top altcoins, I wouldn't prefer the new one as the risk is so high.
If you must hold altcoin because they always bring better profits do not go too deep and make sure your altcoins are top altcoins
I just don't agree with " must hold " because this method is very risky and all people have good psychology when down trend in long term period. Popular coins ( bitcoin, eth, xrp ) still become favorite in every activity but with many correction this time " hold " become useless. Even many people say market in green zone but halving will break all prediction, split will reduce value and volume will goes down without announcement.
Focus on blue chip projects which has big volume even though they have low marketcap. Sometime in order to win big on trading, you just need to focus on finding this hidden gem. The technique here is look for low supply coin that has considerable volume and also pick a project listed on big exchange.
Liquidity is important if your planning to invest with new altcoins. If youre joining bounty and airdrop campaigns then sell it off if the value is good dont retain it on your wallet if the abovementioend criteria is lack on their project.
Liquidity is important if your planning to invest with new altcoins. If youre joining bounty and airdrop campaigns then sell it off if the value is good dont retain it on your wallet if the abovementioend criteria is lack on their project.
Try to invest with top coins like BTC Bitcoin , Ethereum , TRX- TRON, Doge, try to avoid new project until market stabilized, do some good research if you vow to invest in new project !
Thanks
Regards
Thanks
Regards
Perfect advice for crypto investment! There is no doubt that Bitcoin is the best investment option in the crypto world, as this year Bitcoin halving is coming so there will have a bullish run on it and whenever bull run come for Bitcoin that will affect on the whole crypto industry! So, I would suggest everyone invest in bitcoin blindly! Investing on top altcoins another good way of making profits in the crypto industry! For that, I don't follow only the top rank coins rather I prefer ETH, ETC, BNB, XTZ, ATOM, TRX, LINK, ICX, XMR and so on!
On the off chance that you intend to put money/Funds into Alts, kindly do your own examination and know that deceitful advertising sensationalizes pretty much every altcoin projects. Altcoins, and the organizations behind the projects are additionally helpless against guideline, Bitcoin isn't.
Bitcoin is the far superior investment for 2020. Not exclusively is it seen as a place of refuge resource, but at the same time it's the first digital money and consistently leads blockchain advancement through it's BIP procedure
If you must hold altcoin because they always bring better profits do not go too deep and make sure your altcoins are top altcoins
Bitcoin is the far superior investment for 2020. Not exclusively is it seen as a place of refuge resource, but at the same time it's the first digital money and consistently leads blockchain advancement through it's BIP procedure
If you must hold altcoin because they always bring better profits do not go too deep and make sure your altcoins are top altcoins
I agree with you, if you really want to invest in altcoin, then you must invest in altcoin top 100 coinmarkercap, because the altcoin certainly has a volume and the price will increase, so you will not be hard to sell and get profit from investing in the altcoin.
I think it's best to stay away from any new projects for the time-being, at least until the market stablizes. I really don't think there are too many truly groundbreaking projects that are currently in the works and still have a low market capitalization.
It would be wisest to just stick with tried and tested assets, ideally those with around a mid-range market cap ($100m - $1b). These have performed the best in recent weeks, and are likely to continue that same trajectory.
With that said, I'd start looking at staking coins as a strong bet for 2020, especially with all the recent exchange integrations for these.
It would be wisest to just stick with tried and tested assets, ideally those with around a mid-range market cap ($100m - $1b). These have performed the best in recent weeks, and are likely to continue that same trajectory.
With that said, I'd start looking at staking coins as a strong bet for 2020, especially with all the recent exchange integrations for these.
FInd a true decentralized and a developing project no matter what the market cap is and then just HODL!
Something new is not yet fully proven. Likewise with altcoin, it is necessary to conduct basic research or analysis to buy new goods. at this time I still believe in altcoin top (except forks), it's just that if you are in the bear market it is indeed very difficult to return to its original state. just look at the current market situation, IMO might be a code from a bullrun signal. my advice is don't be too afraid of risk, there is basically no safe word in crypto-world. if you are cowardly or afraid of risk then don't be too serious in crypto-world, so you don't get caught up. let's see, people who bought coins a few months ago at this time might have felt a satisfied profit.
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