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Topic: newbie invest - page 4. (Read 9880 times)

hero member
Activity: 2282
Merit: 505
May 05, 2023, 06:50:52 PM
for a newbie, most essential thing is know the common practice in investment and common rule of thumbs, you just couldn't randomly invest and think you're already done and achieve such great feat.
there are many things you need to know like avoiding coin investment in a coin with no utility at all.
hero member
Activity: 2184
Merit: 513
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May 05, 2023, 06:35:00 PM
The whole Budget should be divided with some part. Otherwise if one altcoin scam, then have to lose whole budget..so holding bnd Isn't good Choice. Hold btc eth ada matic and other popular coins with that divided money. Those are considered as safest investment all time . Sometimes popular coin also scam like luna, ftp but risk are less. But Newbie shouldn’t invest brand new altcoin.
that's why it's essential to have some diversification, heck even the biggest investment company are all doing some diversification so there's no reason why a newbie didn't follow such advice and diversify their investment to avoid imminent losses like some special case for example luna, had everyone diversified their investment properly they wouldn't go bankrupt.
hero member
Activity: 2478
Merit: 512
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April 30, 2023, 05:57:16 PM
Not a bad advice.

Aside from BNB, ETH and BTC are truly on top of the list for the most investors because even if these mentioned coins still got some risks entailed with it, it's still a worth it investment with somehow less risks involved as it's among the few trusted coins for a couple of years now mainly bitcoin who have been in the market for more than two decades already. Still it's not a guarantee because we don't know what the future holds but at least we can say that we're on the safe side especially if we're looking to hold it for a long term.
You are right, any coin is risky but we analyzed the low risk opportunity of all altcoins, only BTC, ETH and BNB worth adding to portfolio list, but all altcoins other than that are very risky for long term investment, even the worst top altcoin moments from Luna and FTX which has hurt many investors because they want high returns from the new altcoin.
full member
Activity: 760
Merit: 109
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April 30, 2023, 05:50:06 PM
The whole Budget should be divided with some part. Otherwise if one altcoin scam, then have to lose whole budget..so holding bnd Isn't good Choice. Hold btc eth ada matic and other popular coins with that divided money. Those are considered as safest investment all time . Sometimes popular coin also scam like luna, ftp but risk are less. But Newbie shouldn’t invest brand new altcoin.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
April 29, 2023, 02:28:00 PM
Having 2BNB is a worthy investment on its own you may really not need to diversify that much as you may expose yourself to more risks as your investment spreads across different coins. But if you do really need to diversify Bitcoin and Ethereum is your best available option.

Not a bad advice.

Aside from BNB, ETH and BTC are truly on top of the list for the most investors because even if these mentioned coins still got some risks entailed with it, it's still a worth it investment with somehow less risks involved as it's among the few trusted coins for a couple of years now mainly bitcoin who have been in the market for more than two decades already. Still it's not a guarantee because we don't know what the future holds but at least we can say that we're on the safe side especially if we're looking to hold it for a long term.
sr. member
Activity: 700
Merit: 380
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April 29, 2023, 05:23:16 AM
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
Since you are interested in investing as a new investor, you must carefully analyze the coins that I will suggest you to invest in. First of all you are interested in investing in elot coins so if you invest in ETH, XRP, SOL, LTC, BCH these few will definitely save you a good amount of money in future. And if you think these coins are not suitable for investment then you can hold your BNB it will be useful for you in future. Or if you drop everything and invest in Bitcoin then surely your future will be bright.
member
Activity: 499
Merit: 16
April 27, 2023, 01:08:21 PM
Having 2BNB is a worthy investment on its own you may really not need to diversify that much as you may expose yourself to more risks as your investment spreads across different coins. But if you do really need to diversify Bitcoin and Ethereum is your best available option.
legendary
Activity: 2982
Merit: 1028
April 26, 2023, 10:43:21 AM
the coin in your hand is right for profit, don't exchange it with another coin bnb coin is one of the coins that you can potentially even hold in the long term,
One mistake that I did in the past is to convert my Bitcoin into some altcoins that I think were good to invest in. And this is still applicable to these days that one shouldn't do it without thinking first.
But I think if it's with BNB and looking for some other investments, it's manageable as long as you know what you're doing. This is the kind of diversification that everybody does.
You think that there's a need to extend that amount so that you'll earn more but you'll never know if it's going to be worth it or not until you test it.

And the best thing to do here is not to put everything in one asset,

I mean, if you want to convert your BNB better to convert a portion of it and let some portion to be keep it as it is. You'll never know what the market can bring to you, as how the post above said BNB is one of those good assets to hold and expect good returns.

All will end in how you assess your investment, if you believe that there's another good project to support and you think
it will be best for your money, then go for it, your money, your obligation to protect.
jr. member
Activity: 840
Merit: 6
April 23, 2023, 06:55:56 PM
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
0xMR on pancakeswap. Working mixer and private bridge. They are building an L2.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
April 23, 2023, 05:12:48 PM
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
You already have your answer. BNB is already a coin with utility which is the exchanges and the smart contract around it. You could have just trade those or just simply hold it and accumulating it if you have money to afford. The other answer would be Ethereum but BNB is simply enough to fulfill your investment needs. Just make sure to read the rules so you can keep yourself updated with the news involved around Binance.
member
Activity: 187
Merit: 18
April 23, 2023, 03:40:07 PM
I would very highly recommend for any newbie out there to invest only in Bitcoin. It’s advised to always start with reasonable amount and get the feel of the market. Doing your research and studying the patterns are very important. The Problem with many ALT coins is that they are very unpredictable and I’d always tell people you have more chances making money by gambling than invest in some of these ALT coins. Don’t get my wrong ALT coins like ETH,XMR,LTC etc.. are very some of really good coins and are worth investing in but yet I’d suggest always start with Bitcoin. Goodluck and wish you the very best  Cheesy
hero member
Activity: 3066
Merit: 629
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April 23, 2023, 03:27:19 PM
the coin in your hand is right for profit, don't exchange it with another coin bnb coin is one of the coins that you can potentially even hold in the long term,
One mistake that I did in the past is to convert my Bitcoin into some altcoins that I think were good to invest in. And this is still applicable to these days that one shouldn't do it without thinking first.
But I think if it's with BNB and looking for some other investments, it's manageable as long as you know what you're doing. This is the kind of diversification that everybody does.
You think that there's a need to extend that amount so that you'll earn more but you'll never know if it's going to be worth it or not until you test it.
member
Activity: 218
Merit: 10
April 23, 2023, 10:11:13 AM
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
I would advise you to sell your coins that you have and preferably buy bitcoin for the amount sold, since bitcoin is stable and has growth, therefore you can earn on the growth of bitcoin in the future, but you need to have patience
What do you mean by stable? Are you sure? Cause for me bitcoin is the most unstable crypto on the market. But, If I were the OP, I will sell half and hold the rest, and I will use the half to trade or buy other cryptos. You can also play the half on shitcoin if you are a risk taker.
full member
Activity: 2268
Merit: 121
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April 22, 2023, 07:10:46 PM
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
you are right because you already have 2 BNB, I don't think you need to sell the BNB you have,
my advice is Hold until the altcoin season arrives, because BNB has the potential to cost more than $ 1000 and can even match Ethereum in the future.
I totally agree with the colleague above, the BNB that you already have doesn't need to be changed to another coin, because BNB is already the best coin which also has the potential to increase the same as bitcoin and ethereum. remember when the last ATH was BNB in 2021, BNB was a coin that increased quite sharply and the highest % was obtained.
the possibility for BNB to increase even higher than in 2021 is very large, what is needed now is to continue to increase investment since the halving period is only a matter of time.
member
Activity: 378
Merit: 44
April 22, 2023, 01:34:03 PM
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
I would advise you to sell your coins that you have and preferably buy bitcoin for the amount sold, since bitcoin is stable and has growth, therefore you can earn on the growth of bitcoin in the future, but you need to have patience
sr. member
Activity: 1936
Merit: 290
April 22, 2023, 12:09:17 PM
Newbie can't manage crypto market knowledge shortly so that's why is very risky. You can buy top coin to spend your 2bnb and while waiting for next bull run of good profits. You should remember investment is very risk of trading, buying new coin etc so buy now btc and wait next bull with Learn more about crypto.
jr. member
Activity: 408
Merit: 3
April 22, 2023, 12:01:03 PM
Bitcoin is the best to invest with 2BNB as the market is on the Bear market, while waiting for next Bull run is going to appreciate by adding value as a matter of time holding because Bitcoin always add value, with a less risk business.
full member
Activity: 2268
Merit: 121
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April 21, 2023, 11:37:21 PM
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

The best crypto to Invest is no other than Bitcoin because it is the safest and the top crypto currency ever made. BNB is also a good one you can keep it and wait for the price to go higher and take profit if it reach the high price. Ether is a good investment too. Make your own research first before you decide in what currency you will invest. It is up to you if you will take risk on your chosen Altcoins make sure to buy it at a lower price to avoid losses.
what you have said is very true, friend, that for now bitcoin is the best coin to make an investment and is clearly very profitable, the problem may be that the price is high enough so that getting the full value is very difficult to get if you don't pay it in installments again. apart from that, after bitcoin it is clear that it is ethereum and this is also the same as bitcoin but I am actually happier with the BNB that is already held, because BNB in 2021 has achieved a very good increase. other than that it seems better not to speculate in situations that are not okay.
full member
Activity: 325
Merit: 136
April 17, 2023, 07:00:26 PM
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

The best crypto to Invest is no other than Bitcoin because it is the safest and the top crypto currency ever made. BNB is also a good one you can keep it and wait for the price to go higher and take profit if it reach the high price. Ether is a good investment too. Make your own research first before you decide in what currency you will invest. It is up to you if you will take risk on your chosen Altcoins make sure to buy it at a lower price to avoid losses.
sr. member
Activity: 1435
Merit: 250
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April 17, 2023, 04:59:45 PM
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
you are right because you already have 2 BNB, I don't think you need to sell the BNB you have,
my advice is Hold until the altcoin season arrives, because BNB has the potential to cost more than $ 1000 and can even match Ethereum in the future.
BNB is one of the cryptocurrencies with the highest potential, and if we own BNB coins, we should obviously save for the long term. Although BNB is still far from Ethereum in terms of price, it is extremely likely that BNB will eventually reach $1000. Naturally, the Binance platform also provides various investment options, such stacking, so we can hold BNB Coins while earning money in stacking on such platforms. Of course, using the Binance platform is quite safe.
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