newbie invest - page 29. | Bitcointalksearch.org

TWW

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Quote from: ScamViruS on April 09, 2022, 07:53:55 PM

Quote from: jahepahit on April 09, 2022, 07:41:09 PM

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.

that's what's going to be bad. 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.

ScamViruS

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Quote from: jahepahit on April 09, 2022, 07:41:09 PM

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.

jahepahit

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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.

SDKmaster

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Quote from: Lunafox on April 08, 2022, 04:02:38 PM

Quote from: brat111111 on April 05, 2022, 07:14:22 PM

Bitcoin is overvalued and it is impossible to earn big profits investing in Bitcoin. Now NFT is more popular trend and NFT grow in price even more than Bitcoin. That is why appear a lot of NFT collections like this https://twitter.com/SweepiesNFT/status/1511461460609667078 that attract users.

For newbie it is very hard to recognise a new and prospective project. To do this it is necessary to have experience. That is why it is better to invest in Bitcoin that is more stable.

To survive on cryptocurrency market it is necessary to sturdy and to get experience. Crytpocurrency offers a lot of new opportunities but it is necessary to study this opportunites to use it.

TheGreatPython

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Quote from: andyou1234 on April 06, 2022, 11:02:10 AM

I think to deal with the current market situation, it is much better to invest with coins that have strong fundamentals such as ETH, BNB, SOL, and MATIC, than investing in new projects or altcoins that have small volumes, so I suggest to you newbies to always choose coins that are in the top 10 CMC, because these coins have a great opportunity to always increase in the future,

The problem with most of this newbie is that they all think that they have missed the train. Because, they feel that they have missed the opportunity to get on a particular project early enough (e.g Bitcoin), they choose to invest in the new projects, and by doing so they end up making a mistake because they have no clue about how to choose the right project. They would go ahead and invest in a project that would end up being a total fail in the future.

To avoid such thing all these newbies are better off with investing in the bigger projects that we already have in the market. Like you have suggested Ethereum, Solana and MATIC are really good cryptocurrencies to invest in now.

Rengga Jati

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Quote from: Munien on April 01, 2022, 02:44:33 AM

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

In my opinion, you better keep your BNB, no need to convert to other coins. BNB is one of the most recommended coins to invest, so nothing wrong with holding it only. If you have the intention to hold some small altcoins, why don't you use other funds? I mean don't use your BNB to buy new altcoins, simply use your fiats or USDT to buy them. FYI, BNB is my favorite coin, I never sell them if it isn't for an urgent need.

Saisher

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Quote from: Munien on April 01, 2022, 02:44:33 AM

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

Like all the majority here I will also suggest that you focus on Bitcoin unless you have a Bitcoin already in your portfolio and you are ok with it and you're looking for other altcoins, since you are looking for utility, why not Binance since you already have it and it's fully established and they are the leader in the exchange industry, you save the hassle of looking and us suggesting.

nurilham

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If you want the right coin then Bitcoin is the answer or you can invest in other top coins. it's a simple choice for a beginner if you want to invest in safe coins. Investing in coins that are not clear has a big risk, especially for a beginner who is not familiar with the crypto market. even though the market is currently falling but doesn't worry because we just have to wait until the market recovers. investing in Bitcoin is safer than investing in other coins and the prospects are also better. right now that's the best coin compared to investing in other coins that are not necessarily good prospects.

Yamifoud

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Well, I hope that OP had already made the decision and I just hope he decides to invest in Bitcoin, not shitcoins.

For it was a common mistake that happens to newbies are investing in new projects, hyped projects, they are afraid to buy valuable coins like BTC and ETH. In fact, it was a good option to take especially if we are aiming to hold long-term. Of course, BNB had also such potentiality and also profitable long-term, I really puzzled how OP had come to such a decision.

evichi

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For long term investment, I suggest you go for Bitcoin. Bitcoin is best for long term. BNB and Ethereum are alcoins that can be held for long term too. To invest in other altcoins for long term, you have to conduct detailed research. Most altcoins may disappoint you since some of the altcoins have difficulty regaining their price from a very low value especially the ones without utility. It requires detailed research to find altcoins that are resilient and have the capability to regain its value from a very low price. Bitcoin is popular and as such people seem to ignore it as an investment asset, but it has proved its worth over the years. Bitcoin is worth holding for long term.

erep

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Quote from: cryptoknightt on April 08, 2022, 09:35:09 AM

There are lots of coins that will have the potential to increase, but with the existing capital, it's better to buy coins that are warm and have potential at this time. I think the current GMT coin is very good for investing

Investing in the GMT coin is very risky even though it dominates trading volume on the Binance exchange but the gains are already too high, if the market goes down it will be difficult to recover the price for the new altcoin, may have to hold long term if buying it at the current highs.

kaya11

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Quote from: Munien on April 01, 2022, 02:44:33 AM

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

Bnb is also a good choice, if you stake it on Binance exchange it would give you nice profits, though I would recommend on Defi staking as it offers 15 percent or less. However it is a centralized coin and if you are looking for a stable and decentralized one then the best for the job is BTC, you don't have to do anything aside from waiting.

Lunafox

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Quote from: brat111111 on April 05, 2022, 07:14:22 PM

Bitcoin is overvalued and it is impossible to earn big profits investing in Bitcoin. Now NFT is more popular trend and NFT grow in price even more than Bitcoin. That is why appear a lot of NFT collections like this https://twitter.com/SweepiesNFT/status/1511461460609667078 that attract users.

For newbie it is very hard to recognise a new and prospective project. To do this it is necessary to have experience. That is why it is better to invest in Bitcoin that is more stable.

cryptoknightt

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Quote from: Munien on April 01, 2022, 02:44:33 AM

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

There are lots of coins that will have the potential to increase, but with the existing capital, it's better to buy coins that are warm and have potential at this time. I think the current GMT coin is very good for investing

Xal0lex

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Quote from: Munien on April 01, 2022, 02:44:33 AM

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

Do you think you will really be offered something concrete here? If it were that easy, you wouldn't have to think, just create a topic and people from thousands of projects told you a great investment, and you just bought it and that's it. That's not likely to happen. You will get even more confused by the abundance of options on offer. You have $850 investments, you can't create a good diversified portfolio out of them. I would not recommend that you invest in 1 project, distribute funds at least in 2-3 projects.

I will not mention the specific names of projects, but I advise you to take a closer look at those projects that have long been falling and are now beginning to rise in value. These are the projects that can give some X's in the medium term, if the market will be in a bullish trend. In any case, I do not recommend investing in projects that have already gone up in value

Oxbull5

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crussaders1411

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Quote from: Munien on April 01, 2022, 02:44:33 AM

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

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YuleDoris

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I hope you have heard of ENJINSTARTER? The project was created with the goal of helping upcoming blockchain gaming and metaverse projects. It's a goldmine! The roadmap is awesome, it is more than just the launchpad. 100%.

traderethereum

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Quote from: Pamadar on April 06, 2022, 01:26:02 PM

Quote from: traderethereum on April 06, 2022, 11:16:18 AM

Quote from: Pujangga on April 06, 2022, 08:11:28 AM

Quote from: Munien on April 01, 2022, 02:44:33 AM

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

With 2 BNB or current value around $900 then I suggest to share at least 3 coins or tokens, the current trending projects are web3 and metaverse, of course you have to do DYOR so if something bad happens then you don't blame anyone.

In this situation, it is better to hold your BNB and buy bitcoin because the bitcoin price is down a lot so you can buy back bitcoin and still hold your BNB and wait for the next increases for both Bitcoin and BNB.
Bitcoin, ETH, and BNB are not a shitcoin and can be your investment.
But that will be up to him because he needs to analyze it himself to decide.

It's important to understand the market before doing anything. It's true that holding is still best, but with how the market

is moving right now, the chance of other alternative coins being dumped is pretty much possible,
OP can choose if he really wanted to invest and risk his 2 BNB instead of keeping it.

Either new project from BSC chain or exchange that BNB to USD and try to work with any potential
coins, but probably you need to follow the update and future developments.

It is possible to see the coin could experience further declines but at least after the decline, there will be another increase because the coin will not always go down.
If he can be patient and continue to hold the coin, he will get the opportunity and be able to see the results of his patience in holding the coin will pay off.
Now is a good time to buy more but of course, it will depend on how much money you have and never push yourself to buy if you don't have any extra cash.
Hopefully, @OP can consider which will he take and hopefully, he will make a good decision.

Topic: newbie invest - page 29. (Read 9784 times)