Topic: Investment Advice for year 2020 - page 5. (Read 1714 times)
Seconded @OP. Bitcoin is still an essential investment even though it wouldn't give 10000x return in the next 2 months but it's still top. Altcoins has potential to give better roi but it's important to understand that in as much as they can give nice profits in a short period of time, they can also go drop as fast as they rise up! So it's a case of managing risk and reward. That said, I will suggest users to trade in-demand cryptocurrencies.
Most people make the mistake of buying this kind of coin during their rapid growth, which subsequently leads only to loss.
That would be the obvious result if they don't know how to sell at the right timing, for experience traders they make money on that but fore typical traders they lose that is why it's not advisable to do day trade if you are not equip with full knowledge. buying at dip and selling at peak is still the most basic yet a very effective way of investing.
The strategy seems quite simple and transparent, but you need to have certain investment skills, preferably the skills of a trader, in order to be able to more accurately determine the points that are the lowest for a certain period, as well as the points that are the highest for the same period. This is quite difficult to reproduce for beginners.
Exactly, the first thing to do is to check or study the altcoins one wish to invest in, as it's easier to take correction before buying than after buying and it didn't go according to plan. Secondly, if the urge to do research on the potential altcoins aren't there owing to the large number of altcoins in existence, then going for top altcoins is the best way out so as to be on the safer side. Bitcoin perhaps is the first to be in ones portfolio, and this is why most people always allocate a bigger percentage of their funds to it because it's better in all ramifications.
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
Your reasoning is interesting. But the fact is that investment is an in-depth analysis and detailed study of the market, as well as a specific project. And all this applies at any time, and not specifically only in 2020. 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
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. Whenever you do want to do such important decision making such as investment, better do your own experimentation and your own research regarding such coins you see that has potential and looks promising for your perception and see if it is really worthy or the other way around. Assuring that the project you wish to engage is legible, reliable and worthy as well is the key for obtaining or securing that you are doing a secure and safe investment.
The truth is what you said, bitcoin is the safe haven where you invest and have total rest of mind, now that being the case, doesn't mean altcoins are now totally useless or not worth holding, the thing is do your research and hold some altcoins with potentials, you will be happy you did because their return of investment is huge. Always do your research before any investment.
The research is essential and it will definitely help you a lot in investing. There are a lot of good coins to choose from right now, but you should only choose new ones to increase your chances of making a profit. In addition, you can also participate in some large IEO projects at big exchanges because that is often the place where people have been interested a lot recently. 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
To begin with, I will really commend you for this. Actually the one of the most or best investment advice is investing what you can afford to lose especially when going for newer projects or some altcoins, like those not top altcoins. Holding a coin like ETH doesn't come with much issues because it always regain its value once there is a favourable market. Bitcoin on the other hand can't be compared to any because it is the best anytime any day. Furthermore, let's seek for those altcoins which are genuine in their doings at least with a working and proven products it saves unnecessary headaches.
Altcoins are still good though but the issue is finding the good ones which is why most people tends to stick to top 10, top 20 or top 50 some can even extend their search to top 100. On the other hand, there are others who still go for coins not in top 100 while some also prefers potential upcoming coins which they believe can offer something. Therefore it can be seen, different strokes for different folks, everyone knows what they want. But in all, the most important thing is, don't seek after hype nor go for any coin especially those not among the top without adequate reasons, and lastly holding Bitcoin is a very good decision.
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
When it comes to holding coins, BTC is always the first choice and nothing can be done about it, because it is a lot safer than most altcoins out there. Yes, you made a very good point which should be adopted by everyone; don't go jumping into any altcoins out there, take your time and make the right research which will lead to the right choice. Also, holding top altcoins is a good call as well because with the number of altcoins in existence it might be difficult finding the good ones, therefore starting with top altcoins then narrowing down to others is a good one.
Ethereum went up a lot, everyone was expecting a later stage bull from ethereum so I would say it is not a guaranteed investment anymore. We knew it would go up and thats why it was a good investment back in the day but now that it is already high, do we still think it will go up or do we think that it already went up and it may not go up any more? That is something we may never know, maybe this is all it increased or maybe it will be 500+ dollars, we are not certain about it. I would say for 2020 ethereum could be one, plus eos looks like a good one, tron looks good, bnb looks good, those are the only ones I am happily invested in right now and I am not selling them any time soon. Of course there could be smaller ones that I might be missing out on.
The truth is what you said, bitcoin is the safe haven where you invest and have total rest of mind, now that being the case, doesn't mean altcoins are now totally useless or not worth holding, the thing is do your research and hold some altcoins with potentials, you will be happy you did because their return of investment is huge. Always do your research before any investment.
You are free to choose bitcoin and altcoin as your investment place with one note you have made some analyst against it. You can see the movement price right now when most od altcoin prices are decreasing, I saw most of them has been decreasing a lot and it doesn't like bitcoin. Bitcoin price just decreasing in price 3% and this is pointed out bitcoin is really safe for your investment place, at least it will make you comfortable to facing any situation.
Altcoin will only adjust for a short time and will increase prices again in the shortest time so no need to worry when choosing long-term investment during this time. I think this year will change a lot and demand for investment will increase very fast. Currently, Bitcoin is a safe choice for all investors but you cannot get rich from this coin and you should choose better new projects to make a profit. 
Most people make the mistake of buying this kind of coin during their rapid growth, which subsequently leads only to loss.
That would be the obvious result if they don't know how to sell at the right timing, for experience traders they make money on that but fore typical traders they lose that is why it's not advisable to do day trade if you are not equip with full knowledge. buying at dip and selling at peak is still the most basic yet a very effective way of investing.
My personal thinking is that Bitcoin will gradually increase in 2020 so Bitcoin investment will be the best option for short and long term plans. Ethereum and Tron are also good coins for long term holding.
That is still not a sure thing, the year of 2019 was a positive year for bitcoin regardless of the final 6 months which were negative but if this year is positive as well then this means that most likely a bull run happened and I really think that cannot happen until 2021 once the effects of the halving are more clear, the recent recovery in the price we saw was good but now we are seeing that we could see a retracement during the next days and if people fall prey of FUD the price could go below 9k in a heartbeat.
Analysis may not always help. The best thing you can do if you buy TOP alternative coins is to buy them at the very bottom or at the bottom.
That is, at the lowest point possible. This is exactly the strategy that will bring maximum profit to anyone who invests.
Most people make the mistake of buying this kind of coin during their rapid growth, which subsequently leads only to loss.
That is, at the lowest point possible. This is exactly the strategy that will bring maximum profit to anyone who invests.
Most people make the mistake of buying this kind of coin during their rapid growth, which subsequently leads only to loss.
You are free to choose bitcoin and altcoin as your investment place with one note you have made some analyst against it. You can see the movement price right now when most od altcoin prices are decreasing, I saw most of them has been decreasing a lot and it doesn't like bitcoin. Bitcoin price just decreasing in price 3% and this is pointed out bitcoin is really safe for your investment place, at least it will make you comfortable to facing any situation.
and make sure your altcoins are top altcoins
What do you mean by "top altcoins"? Each of us analyzes projects based on our own understanding of the blockchain industry. Therefore, coins in crypto portfolio are different for everyone, but if you ask a person, he will say that his coins are top. So the advice is partially meaningless))Honestly, I'm not following coinamrketcap for my investment purposes because there are a lot of manipulations are happening within coinamrketcap and anyone making decision based on coinamrketcap must be taking more risk as per my experience.
I think its too risky to put money on altcoin right now. There is no guarantee that we can earn some money unless the altcoin is top 10 in exchange. It will be wise to spend money on bitcoin or ethereum and hold it for a while.
Even you put your money in the top 10 altcoins it's still risky. That's normal to see how people always spend their money in Bitcoin and Ethereum because it's already proven that it will bring you an income. Spending your money in Bitcoin and Ethereum will always be a wise way to spend your money. But, you should also look for other projects that also have good improvement and development. If I'm going to advise some people about investment maybe I will say that try to make deeper research about a certain coin or project and always look for different investments and not only in the top altcoins. Then, separate your funds on different investments that you know will lead to you for a better income. And, learn how to analyze the market.
and make sure your altcoins are top altcoins
What do you mean by "top altcoins"? Each of us analyzes projects based on our own understanding of the blockchain industry. Therefore, coins in crypto portfolio are different for everyone, but if you ask a person, he will say that his coins are top. So the advice is partially meaningless)) 
I think its too risky to put money on altcoin right now. There is no guarantee that we can earn some money unless the altcoin is top 10 in exchange. It will be wise to spend money on bitcoin or ethereum and hold it for a while.
risky or not you decide for yourself. if you are willing to take risks to get very large profits, you can invest in very different altcoins and it does not matter where they are in the coinmarketcap rating. while you choosing your strategy make a decision what kind of risks you are ready to take Jump to: