Stay at BNB to avoid risk, investing during the bear season is very rare to find new projects that are worthy of praise, usually difficult to develop because the market is not supportive. now is the time to secure the assets we have and add to them by buying at low prices like today
Bear market have always favour those that have the skill to or the aid to make curious research about the coin that will pump when the bull start calling. Bull season might probably be next year, that's not predictable but it will definitely come and those of us that bought during the dip, would be smiling when everywhere start showing green long candles. That's the happiness of every trader and it's achieveable with enough backup research.
Topic: newbie invest - page 10. (Read 9861 times)
Instead of buying and selling, standing in a coin in a fixed way will earn you more. The safest, as always, is bitcoin. You can wait by exchanging your coins to bitcoin. After Bitcoin, the coin I trust the most is ethereum. It might be a good idea to invest. When the bull market starts, you will have more dollars.
Stay at BNB to avoid risk, investing during the bear season is very rare to find new projects that are worthy of praise, usually difficult to develop because the market is not supportive. now is the time to secure the assets we have and add to them by buying at low prices like today
Bear market have always favour those that have the skill to or the aid to make curious research about the coin that will pump when the bull start calling. Bull season might probably be next year, that's not predictable but it will definitely come and those of us that bought during the dip, would be smiling when everywhere start showing green long candles. That's the happiness of every trader and it's achieveable with enough backup research. I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
The answer is obviously...
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
Shib coin price not well at this moment. You can buy some shib coin. I hope, shib will pumm very closer. Just wait and see! I think BTC ETH are the best options. Now is a bear market and the perfect time to get in.
Agreed, and as a newbie, it would be best to start in BTC and ETH. How long would you hold it, be mentally prepared for it, and keep reading the news from time to time so that you wouldn't be tempted to sell it early. Also, it is always the perfect time to buy bitcoin, as we know it has a future. I recommend reading some expert news and analysis, joining forums and visiting Wall Observer prices of bitcoin to see what others think about the current price of bitcoin.
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
For beginners, don't touch the altcoins, exchange the altcoins you currently have for bitcoins, this is the first step that must be done. The second step is to never go to the exchange for secondary market transactions. The third step is to deposit the bitcoin you exchanged into a decentralized wallet, and then copy your private key on a notebook you are familiar with and keep it well. Fourth, forget your bitcoins, read and learn more in the forum. Well, my opinion is this. not kidding. Because it's so hard to make money now and the economic situation is bad
I think BTC ETH are the best options. Now is a bear market and the perfect time to get in.
As you are you have to be careful. And invest wisely. Since you have 2 BNB you can invest on few coins. Then you won't lose. Because investing on one coin is a loss. It is more likely to happen. I hope you understand.
There is no loss if you invest in one coin as long as you invest in a good coin that has strong fundamentals. But investing in a single coin is usually a little slow to get big profits because the price increase is sometimes not very significant. Therefore, you have to do your own research on the coins you want to invest in.it would be nice if you are a newbie maybe it's better to invest in top altcoins,
because in the top 100 altcoins you can be sure the altcoin fundamentals are good and there are no problems,
it's just that according to price you have to analyze it, because it's impossible for prices to always go up.
it would be better before doing that we have to study fundamentals as investors, of course, we know together the risks of investing in crypto, and we often get mental attacks, if we can't manage ourselves in this case, not a few people become stressed because the market is too volatile. After that, make sure in advance the funds to invest, whether for the long term or short term, indeed the top 100 altcoins are a good place to invest, but not a few of the top 100 and even the top 10 are losing money, so this is where you read the fundamentals and you have to be very careful about projects and ecosystems that an altcoin runs on. I think in a situation like this Bitcoin and Etherium become an alternative to invest in the long term. because in the top 100 altcoins you can be sure the altcoin fundamentals are good and there are no problems,
it's just that according to price you have to analyze it, because it's impossible for prices to always go up.
As you are you have to be careful. And invest wisely. Since you have 2 BNB you can invest on few coins. Then you won't lose. Because investing on one coin is a loss. It is more likely to happen. I hope you understand.
There is no loss if you invest in one coin as long as you invest in a good coin that has strong fundamentals. But investing in a single coin is usually a little slow to get big profits because the price increase is sometimes not very significant. Therefore, you have to do your own research on the coins you want to invest in. I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
What is newbie with only 500$, which should I go for?
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
you can sell your BNB for MATIC, because MATIC has better potential than BNB from what I get information out there of course you will get a bigger profit if you take MATIC at the current low price with another ATH goal later at $ 5 , so just giving advice that may be useful
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
you just have to stay at bnb because bnb is a good coin for the future, even if you want to change the coins you have only to eth or bitcoin, there are no other suggestions beyond this, but you can reconsider the decision is yours in this case this
If you ask me, maybe it would be better if you swap your 2 BNB to Matic, because the potential for you to earn a lot in Matic is higher if you hold it for 3 to 5 years from now.
But if you are a BNB enthusiast, even if you have 1 BNB, you can swap it with Matic (polygon) to have 1 BNB as well. My advice to you is that I'm not saying that BNB is a bad investment, that's not what I want to point out friend, BNB is also good, it's just that the chance that you'll earn more in Polygon is higher.
But if you are a BNB enthusiast, even if you have 1 BNB, you can swap it with Matic (polygon) to have 1 BNB as well. My advice to you is that I'm not saying that BNB is a bad investment, that's not what I want to point out friend, BNB is also good, it's just that the chance that you'll earn more in Polygon is higher.
try to make a good research on new coins and understand which coins are scam and which have potential to grow and after you can do a risky move and invest your money there but if you are lucky, Champagne and girls waiting for you
Actually it's not good to get out of investing in top altcoins for the purpose of investing in new projects, so I think keep investing in bnb unless you have other assets to risk on new coins but must be carefully analyzed because new coins are very risky in investment.
From the experience on how this space works, many persons are regretting including myself for not converting huge profits from altcoins to bitcoin. Don't chase shadows and miss bitcoin the real deal. People who lost to LUNA and UST will prefer bitcoin in the future. Bitcoin is the first to buy someday, it's going to $200K.
when it comes to price, it's clear that everyone believes bitcoin will be able to reach the value you said at $200K, maybe in the next halving season although it is a bit heavy, but it will definitely happen in time.so if you also have experience with choices that should be on bitcoin but are not made, obviously the choice of bitcoin is certainly very appropriate. why do many still choose altcoins? because investing in bitcoin is very expensive, it takes patience because it is always difficult to be in units, different from altcoins in general.
but it's not that investing in altcoins is not promising, it will always be a good investment anyway, it's just a matter of which altcoin placement to choose, of course the top ranking choice is the main.
BTC is highly recommend if you want to invest in crypto wold because as we all know that BTC is the king and no one can fall it down and also btc is good for long term investment it will make you rich if the price will go Up. But Op remember this if you have 2BNB right now then you can also hold it because bnb is also a good coin for investment. But the last decision are yours if you want o trade you le bnb to btc or just hold your bnb.
Actually Op does not need any other alternative suggestions other than converting to Bitcoin or holding 2 BNB for the long term, I think for the 2 options above and the OP can add other assets in the portfolio for the long term, but regarding investment that must be prepared for risk so anything depends on personal decision.Yes all we can do or all we can help to OP is our suggestions but it's up to him if he follow our suggestion or let himself decides what he want to do because the last decision are with him. But for now it's good to have a coins who can bring you victory in the near future, like BNB, Bitcoins and even ETH in the Op hand he have 2BNB which very good amount to start in investing .
He can use it for doing more research about the project that we are giving him, it's good to start from somewhere and not to quickly follow and invest his money, but a good sources of references, he needs to keep reading and doing the research. Nothing in our hands for him to decide, but just a good guide on how to pick and sort a good project for his investment.
All the decision making will be on his own. Just take a closer look and DYOR before diving in to whatever project he decides to invest his money.
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
In my experience, first you need to learn and get skills about the cryptocurrency and its market then you invest them. If you invest without knowledge it will be too risky.
it would be nice if you are a newbie maybe it's better to invest in top altcoins,
because in the top 100 altcoins you can be sure the altcoin fundamentals are good and there are no problems,
it's just that according to price you have to analyze it, because it's impossible for prices to always go up.
because in the top 100 altcoins you can be sure the altcoin fundamentals are good and there are no problems,
it's just that according to price you have to analyze it, because it's impossible for prices to always go up.
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