for a beginner, I'm sure learning long-term trading will be better. or a long-term investment. buy a potential asset when the market is down, and sell it when the price goes up. a simple plan that I think a beginner can do. I started from the simplest.
because indeed learning market analysis techniques for day trading I'm sure will not be easy for beginners. To avoid risk, I apply a plan to the asset with the least risk. and also enter using a small capital first.
Topic: newbie invest - page 28. (Read 9861 times)
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
actually you are right and just hold on to what you have because if we look at the movement of BNB from 2020 it has started to increase and in 2021 it even increase sharply.early 2021 BNB is in the range of $37 and continues to increase and could even reach ATH $686. although it ended up correcting at the end of the year $536.
although now at a price of $ 414 because indeed everything is experiencing a correction.
but if this year it starts to be bullish then it could be what happens in 2021 that will be done and the BNB price could reach $1K.
but if indeed you are going to make investment changes with other coins, of course that can indeed guarantee that the coin can be profitable. The best ranking in CMC can really be used as a benchmark and analyze well first, because the current situation is that all coins are bear, so we need to be careful.
Is BNB a good coin? What more do you want? New altcoins are so popular. Always be on the lookout for shitcoins and silly trends to avoid being followed by FOMO and making the mistake of getting your losses back.
Do you doubt BNB? If you have been in crypto world for months or years, you must know BNB is perfectly a good coin. If I were you, I won't have the idea to change BNB to another altcoin. Except if you plan to add more altcoins by using your dollars. Following FOMO or hype is too risky, don't buy altcoins because of this reason. Those altcoins that are famous because of the hype only, probably shitcoins, please stay away.BNB is the leading coin in this market, and I am also a huge fan of using it.
We're talking about the OP's problem. Let's focus on it as he/she may not know what would be right for him/her. Personally, I still maintain my opinion with newcomers that even when seeing an opportunity, you need to review the risks and improve your knowledge of this market. Always be self-reliant and do not depend on anyone.
beginners who don't understand trading, don't even want to learn to trade first. they put their money in assets that they see on social media that people are talking about.
have no skills and they will end up at a loss. or they feel cheated by crypto.
at least they are beginners should learn well how the assets are feasible and safe for investment. so no one will feel cheated.
Short term trading is not easy, you’re going to take a long time learning it.. For now he is better off starting with the long term trading or investing and just knowing how to trade (buying and selling) on exchanges.have no skills and they will end up at a loss. or they feel cheated by crypto.
at least they are beginners should learn well how the assets are feasible and safe for investment. so no one will feel cheated.
I made most of my profit through long term and even till now I still prefer to go long term and only trade when I’m in the right mind and the market is also in the right condition for me to do so. Not everyone has the time to be on their screen all the time and looking for opportunity to get in and out with small gains. It’s not a matter of skills all the time.
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
The altcoin you are holding is very good for now, you just have to wait for the right time to release, because it is likely that BNB will strengthen compared to you buying other altcoins, but if you intend to buy bitcoin I think it is also good, but the problem is that you will get a small amount from BNB sales, it's better to hold on until BNB strengthens at a high price Are you investing for long or short term? If long then hodl the bnb. You can aslo trade bnb for short term. This is not a financial advise .am just giving feedback because of previous experience.
If he does not know how to trade, then it is better not to trade, because he will lose the funds he has if he opens the wrong trade. BNB is already one of the top coins so holding these coins would be more convenient than other new coins, as it would be a risky decision to consider any new unfamiliar coin for long term investment. Many crypto users lose their funds by trading because they have little knowledge about trading.
I would encourage you to only RCA into bitcoin and eth over a long time period. You're bound to improve that way than turning the shitcoin roulette. In the event that you are don't know the guidance above ought to be taken and pick bitcoin as the ruler of coins, really keep the former one, I am certain it very well may be of incredible worth later.
Bitcoin. BTC
I would also have the same suggestion. Bitcoin will always be the best choice especially when it comes to long-term investment. Bitcoin could strike a good price when good events and adaptions happen so holding it will surely give a good profit in time. Top coins like ETH and BNB are also good choices.
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
For long term better to choose bitcoin because it has a foundation already and of course the king of all crypto. If you want to invest in altcoin, you should be careful. Maybe just put 20% for altcoins because for me altcoins is just for short term investment in order to gain profit and avoid losses but still depends on altcoin you are going to choose. You can choose BNB or ETH.
If I were you I would hold those BNB, what makes you think that selling those BNB for other altcoins will favour you when BNB itself is one of the best?you are simply making a very big mistake here because BNB should be one of those altcoins you need to hold
No need to do anything to avoid losses with shitcoins while you still have BNB, which is the market leader and has great growth potential in this space. Also, improve your own knowledge more and make your own judgment on your own understanding. Do not depend too much on others while it is your property.
Actually, you are already investing the right and potential coin already OP. I think it is not necessary for you to look for another coin in replacement but what you need is to buy more or an additional investment.
Bitcoin, ETH, ADA, and Shiba Inu...these can be such a good choice as well, perhaps, the majority have them already. I guess you need sometimes to think deeply before deciding.
Bitcoin, ETH, ADA, and Shiba Inu...these can be such a good choice as well, perhaps, the majority have them already. I guess you need sometimes to think deeply before deciding.
Here is the list of 11 Best cryptocurrencies to buy in 2022 its ideal for beginners
1. Bitcoin
2. Litecoin
3. Ethereum
4. Binance Coin (BNB)
5. Basic Attention Token (BAT)
6. Monero (XMR)
7. NEO
8. Beam
9. NEXO
10. Cardano (ADA)
11. ENJIN (ENJ)
If you want to learn more and have a better understanding of these cryptocurrencies kindly visit this page
https://cryptomaniaks.com/best-cryptocurrencies-to-buy
1. Bitcoin
2. Litecoin
3. Ethereum
4. Binance Coin (BNB)
5. Basic Attention Token (BAT)
6. Monero (XMR)
7. NEO
8. Beam
9. NEXO
10. Cardano (ADA)
11. ENJIN (ENJ)
If you want to learn more and have a better understanding of these cryptocurrencies kindly visit this page
https://cryptomaniaks.com/best-cryptocurrencies-to-buy
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
I suppose you do not quite like BNB, cause you are already holding 2 of it, thus the first advice to you would be to do your own research and stop asking others for investment advice, more often than not when you ask for investment advice from others, they sell to you the coins they are hodling, and i am afraid in the long run it could turn out to be unsuitable for you.Really many altcoins are pump and dump projects without any utility, so what i can say is that you should avoid new projects that are just backed by promises, have you done any research about Bitcoin, well if you are a long term investor then i would suggest you do your research on Bitcoin, it is a long term project and has an actual utility, it is not a pump and dump coin or any of such things, if i were you i would invest in Bitcoin, but well it is up to you to decide.
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
I recommend buying 2 coins that have great potential to skyrocket in the future, the 2 coins are Crypto.com (CRO) and Polygon (MATIC), as we know Crypto.com is an exchange that is supported by large capital because it is an active sponsor in many events such as the UFC, NBA and so on, we can see from the data that the CRO trend is growing, while MATIC is a coin that will continue to skyrocket as more and more projects shift to the Polygon platform.
He said he doesn't want to invest shitcoins and he is holding 2BNB. The best advice is that OP should hold his 2BNB because this is also a very good and potential project, if we say ETH has gone too high then BNB is the best ETH alternative. BNB price I think will increase a lot in the near future, if OP holds for 3 to 5 years then the target of BNB can reach 5k / BNB is entirely possible.
Recommended coins for investment are BTC and ETH, and include BNB so if he already holds 2 BNB then stick with it for the long term, don't be lured into other altcoins with no clear development progress and not low rating, such projects are just pumped up for a moment because the hype, will then end up being a scam because the team had planned it for a total token sale on the exchange to leave the project. 
Is BNB a good coin? What more do you want? New altcoins are so popular. Always be on the lookout for shitcoins and silly trends to avoid being followed by FOMO and making the mistake of getting your losses back.
Do you doubt BNB? If you have been in crypto world for months or years, you must know BNB is perfectly a good coin. If I were you, I won't have the idea to change BNB to another altcoin. Except if you plan to add more altcoins by using your dollars. Following FOMO or hype is too risky, don't buy altcoins because of this reason. Those altcoins that are famous because of the hype only, probably shitcoins, please stay away.
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
why not just invest in BNB, because this project is still a good opportunity, the price is still not too expensive. If you invest in Bitcoin the price has soared too high, to take profit maybe a little, you can also invest in Polygon, Solana, Fantom, Avax coins in the future I think there is still a chance to take big profits for the long term 5 years
He said he doesn't want to invest shitcoins and he is holding 2BNB. The best advice is that OP should hold his 2BNB because this is also a very good and potential project, if we say ETH has gone too high then BNB is the best ETH alternative. BNB price I think will increase a lot in the near future, if OP holds for 3 to 5 years then the target of BNB can reach 5k / BNB is entirely possible.
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
Is BNB a good coin? What more do you want? New altcoins are so popular. Always be on the lookout for shitcoins and silly trends to avoid being followed by FOMO and making the mistake of getting your losses back. Personally, since the very beginning, I have always found it wrong to look at profits quickly while the technical knowledge of the market has not yet been grasped. Are you investing for long or short term? If long then hodl the bnb. You can aslo trade bnb for short term. This is not a financial advise .am just giving feedback because of previous experience.
If he does not know how to trade, then it is better not to trade, because he will lose the funds he has if he opens the wrong trade. BNB is already one of the top coins so holding these coins would be more convenient than other new coins, as it would be a risky decision to consider any new unfamiliar coin for long term investment. Many crypto users lose their funds by trading because they have little knowledge about trading.
have no skills and they will end up at a loss. or they feel cheated by crypto.
at least they are beginners should learn well how the assets are feasible and safe for investment. so no one will feel cheated.
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