newbie invest - page 34. | Bitcointalksearch.org

shinratensei_

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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?

Probably something like stepn that will give you a lot of money. Just try to give you some projects like vulcan forged and mobox but i prefer to pick vulcan as this is also developing its own blockchain. Im sure that vulcan will have high probability to be the next polygon for the metaverse. The blockchain that was developed by vulcan was L1 blockchain. I would not be surprised if that will become the next big thing.

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

Something with utility, no shit coins

Yeah and that's why i suggest you two above. They have utility not only full with the hype but no use case like most of shit tokens that exist in the market.

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The first choice is of course Bitcoin, bintcoin is the only coin that has the highest position to be said to be the king of coins, and there is also one other option which is ETH, but I prefer to invest in BItcoin, but if I have BNB like yours, maybe I will not sell or transfer to other coins, unless I really intend to invest, I prefer to choose Bitcoin.

Stalker22

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Quote from: Raflesia on April 01, 2022, 11:25:42 AM

Even though the BNB token is the best coin, why are you not sure about the coin you are holding? The CEO of Binance is the owner of the project.

The BNB token is the best coin? Seriously?

BNB's future is heavily dependent on the Binance exchange, which at least for now appears to be quite solid. However, that is also the main problem for BNB as it means that we can't be sure of Binance's future success. In other words, it's so centralized, so if something happens to Binance, then BNB will be in big trouble too.

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Even though the BNB token is the best coin, why are you not sure about the coin you are holding? The CEO of Binance is the owner of the project.

If you are not sure the advice above should be taken and choose bitcoin as the king of coins, actually keep the old one, I'm sure it can be of great value later.

Beginners always want the best, even though the 2 BNBs are projects with lots of new innovations.

maydna

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You can stick to your BNB and not sell to other coins. But if you want to have the best investment, bitcoin will fit what you want since bitcoin is the leader of all coins and is at the number one position. If I were you, I would not sell my BNB to the other coins instead of converting it into bitcoin, but if I had to use my BNB to invest in the other coin besides BTC, I would choose ETH. But the main suggestion will still go to bitcoin as the main investment and not BNB.

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

Something with utility, no shit coins

Since this does not leave much room for choice, Bitcoin is the only coin that fits this description.

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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

Sometimes looking too hard for shitcoins to make you rich gets you burnt badly. I would advise you to just RCA into bitcoin & eth over a long timeframe. You’re more likely to do better that way than spinning the shitcoin roulette.

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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

As you can see, those suggestions above were talking about Bitcoin and that's the right investment, you can sure no shitcoin behind on it.
Okay, you have 2 BNB, just buy Bitcoin using BNB and quickly transfer it into a hardware wallet or any wallet that is open-source, and make sure you've owned your private key.

Assuming that you're really a newbie, understand how to secure our crypto asset in a safe place, remember always the "Not your keys, Not your coins" policy. It's always risky to hold for a long term in a centralized coin like what you had (BNB), it should be a truly decentralized currency.

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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

Sell your BNB at the highest price, convert it into bitcoin, and hold it in bitcoin form.
That is the best investment for you.
But if you feel confident with holding BNB, you can still keep it and only sell when the price reaches the top price.
Or you can convert it into ETH, but holding BTC is the best you can do.

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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 no just invest in bitcoin, it is the most reliable. You can go for some altcoins too, but you have to be very careful while choosing altcoins because some may not yield any profit, some may yield just little profit, some may result to losses. If going for altcoins, just let little of your portfolio to be altcoin and have like 70% or more on bitcoin. Avoid new projects, they are scam, look for better ones with high marketcap on coinmarketcap.

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Quote from: Pterosaur on April 01, 2022, 03:46:11 AM

What's wrong with BNB itself? That's one of the best altcoins out there, is rather hold my BNB or trade one for BTC, BNB is a diamond on its own, you can keep it and find another means to buy BTC.

It's highly centralized altcoin in which all power is in the hands of one man, Binance CEO, making BNB (and all other altcoins that are based on BSC) a very bad option for any kind of hodl. So no, BNB is no diamond at all. It is currently popular due Binance position on the market and large amount of shitcoins that are based on BSC, but if we learned something about exchanges so far is that they often turn to shit and when that happens, it will bring BNB down with it.

Instead writing all this, I might as well just shared this meme that tells you everything that you have to know about BNB.

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Quote from: Pterosaur on April 01, 2022, 03:46:11 AM

What's wrong with BNB itself? That's one of the best altcoins out there, is rather hold my BNB or trade one for BTC, BNB is a diamond on its own, you can keep it and find another means to buy BTC.

For start.. it's an altcoin. Altcoins have an overall long history of disappointing on long term.
Second, it's Binance's coin and the history has shown that exchanges don't stay on top forever.

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What's wrong with BNB itself? That's one of the best altcoins out there, is rather hold my BNB or trade one for BTC, BNB is a diamond on its own, you can keep it and find another means to buy BTC.

Rikafip

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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

BTC, plain and simple.

Don't make a classic newbie mistake thinking that you are too late for Bitcoin, making you focusing on altcoins while in reality Bitcoin outperforms all of them in the long run. I did something similar back in late 2013 when I thought just because I couldn't afford 1 whole Bitcoin that I am too late to the party.

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

Topic: newbie invest - page 34. (Read 9784 times)