newbie invest - page 6. | Bitcointalksearch.org

errorcode99

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Quote from: Fredomago on March 21, 2023, 02:11:42 PM

If aiming for long-term I believe that ETH is one of the best alongside with BTC, though there are still things that investors needs to review and research before concluding if they will support and invest, proper knowledge and good insight with the asset/s that they will be going to invest their hard earned money.

Common to newbies is to have a misconception that crypto is the shortcut to attained success, it will lead them to lose a lot, better to understand the business first before investing your money.

I think a long-term investor really wants these assets without being reviewed and examined again, because for them ETH and BTC assets are like their company, there is an annual profit. Haha

Jody.Drummer

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Quote from: kevinzxz on March 17, 2023, 01:45:49 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

I think BNB is the right choice for you to invest, but if you are no longer interested to investing in BNB, then I advise you to invest in BTC or ETH, because the price of BTC or ETH will definitely increase very high and always create a new ATH price, so you don't need to be afraid of investing in BTC or ETH for the long term, because you will definitely get a big profit from investing in BTC or ETH.

The main choice still falls on BTC of course because this is the most real choice, but if you really want to be in altcoins then ETH and BNB are clearly a good priority because they also have very good prospects but in this case when talking about beginners then it's already clearly they are not advised to think that this is an instant thing because everything needs a process. When the thought appears in the end it will make them wrong in action, especially for altcoin projects, there are lots of deceptions with dreams of big profits. don't ever do that. It's better to be at a higher level of risk like BNB or ETH and of course BTC than to be stuck in an obscure project in the end.

StreakW

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Quote from: crutu on November 11, 2022, 11:10:19 AM

Quote from: StreakW on November 11, 2022, 08:17:05 AM

Quote from: Quote420 on October 07, 2022, 10:57:16 AM

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.

Agree with that, if the investment goal is to get a quick profit, you should not focus on one coin so that you can have various profits on each coin invested. Investing in one coin to be precise is only to be used as a long-term investment.

Indeed, if people have a lot of money, apart from investing in bitcoin it is also better to invest in some altcoins that have strong fundamentals so that the profits obtained are satisfactory from the variety of coins traded both in the long term and in the short.

Quote from: Hildentine on December 07, 2022, 02:13:14 PM

I think if you have new in the crypto so first my advice is that gain some knowledge about cryptocurrency and second important thing is that where you invest your money first gain knowledge about project see the future plan of project so invest your money.

In addition to understanding crypto knowledge, we must also be prepared for fluctuations in the price of cryptocurrencies and must also be able to manage emotions. If we can't manage our emotions, we will suffer losses. Also, don't ever get stuck investing in a new project if you've never done it before because lately there have been a lot of new projects that offer good concepts to get money from investors but in the end they are scammers.

[moderator's note: consecutive posts merged]

naikturun

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Quote from: b3j0 on March 19, 2023, 08:11:53 AM

if you talk utility you have got the right altcoin because BNB is the altcoin supported by the most popular exchange i.e. binance. currently BNB is ranked 4th in CMC and that means that investment in this altcoin is no longer in doubt if you keep hold on to the BNB you currently have I guarantee your assets will grow by more than 500% by the time the bull market arrives.

but lately bnb often gets fud from various sources, and busd is also affected by that, but if indeed bnb and binance survive this is a good thing, because previously ftx exhcange was fud and then collapsed.
binance will only get stronger if we can get away from this.

wheelz1200

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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

Older thread but I see it's quite active. If you are still looking than look no further than bitcoin itself. If you are looking for some good come up altcoins take a look into polygon/matic. They have made great progress on that project over the last year and has some promising partnerships that will let them take the next level on the next crypto run up. Either way good luck in this market, it's not easy.

Fredomago

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Quote from: errorcode99 on March 20, 2023, 07:20:24 AM

ETH is good enough for you to keep, maybe in addition to ETH, but I believe it is very good for long term storage. If you look at coinmarketcap's position, ETH is in 2nd place on coinmarketcap, ETH is growing rapidly, has real reserves, which is the largest exchange in the world. Of course it's not a shitcoin anymore. I think you really are a beginner.

If aiming for long-term I believe that ETH is one of the best alongside with BTC, though there are still things that investors needs to review and research before concluding if they will support and invest, proper knowledge and good insight with the asset/s that they will be going to invest their hard earned money.

Common to newbies is to have a misconception that crypto is the shortcut to attained success, it will lead them to lose a lot, better to understand the business first before investing your money.

Sweetbtc

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

I think Ai projects tokens will play a huge role in the coming period. If you look at the last few weeks, the prices of AI coins have increased significantly, so investment in AI projects token can be a great investment at this time. For example, ocean protocol. AGIX,THE GRAPH.And in bull markete can give you very good profit.

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I don't think you have to change the BNB you have to other altcoins, because buying BNB coins is the right decision, BNB has great potential for the future, BNB is as big as bitcoin and eth

BNB is a good token but it is not good decision to invest your capital in one token and then invest in exchange token.
Because the crash of FTX Exchange and then the situation of FTT token is in front of us all.where all the invested capital of the people was wasted.

errorcode99

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ETH is good enough for you to keep, maybe in addition to ETH, but I believe it is very good for long term storage. If you look at coinmarketcap's position, ETH is in 2nd place on coinmarketcap, ETH is growing rapidly, has real reserves, which is the largest exchange in the world. Of course it's not a shitcoin anymore. I think you really are a beginner.

bastian466

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Quote from: bots1 on March 19, 2023, 09:41:08 AM

Quote from: Toancuno on September 25, 2022, 08:50:53 AM

I don’t even know what is the point of these expert opinions if some forgot to mention DREEM Metaverse?

No one forgets the opinion of the experts. However, the opinions of experts should not be used as the main reference for us to make decisions in investing because there are no experts who can accurately predict the price of coins in the future. Therefore, it is very necessary to do separate research in investing in any coins so that we do not experience big losses.

It's true that no one can guess the price of a coin in the future, they just guess, the results can be wrong and right. wise decisions are taken by the results of their own research, the opinions of experts are only limited to an illustration or as a guide for the rest, we decide and manage it before making and choosing a coin for investment

bots1

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Quote from: Toancuno on September 25, 2022, 08:50:53 AM

I don’t even know what is the point of these expert opinions if some forgot to mention DREEM Metaverse?

No one forgets the opinion of the experts. However, the opinions of experts should not be used as the main reference for us to make decisions in investing because there are no experts who can accurately predict the price of coins in the future. Therefore, it is very necessary to do separate research in investing in any coins so that we do not experience big losses.

raidarksword

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BNB itself is one of the best crypto in the market but if you want to diversify then don't look further, bitcoin is the best of it. Ethereum and matic is my bet for the next bull cycle will do certainly good. As always DYOR will always be the best advice for any crypto investments.

b3j0

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if you talk utility you have got the right altcoin because BNB is the altcoin supported by the most popular exchange i.e. binance. currently BNB is ranked 4th in CMC and that means that investment in this altcoin is no longer in doubt if you keep hold on to the BNB you currently have I guarantee your assets will grow by more than 500% by the time the bull market arrives.

Pelana vreo

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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 many altcoins, you can choose a coin for long-term or short-term investment, currently Arbitrum altcoin is hype, but this is not investment advice. please do research for L2 blockchain like that

tomos81

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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

A new member needs to invest Bitcoins first. If you invest in alt coin sections in the beginning, you may face a lot of losses. Bitcoin fundamentals are very strong that's why I can say that investing in Bitcoin will be better than BNB and the benefits will be more. And secondly can invest ethereum and BNB trading volume eats a lot it is also enough to invest.

Luffygroove

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Just like what the rest forum suggest, I also have the same suggestion. If you are interested in investing in a cryptocurrency with utility and a strong track record, you may consider Bitcoin (BTC). Bitcoin is the largest and most well-known cryptocurrency, with a market capitalization of over $1 trillion. It is widely accepted as a payment method and has a strong community of developers working on its technology.

Bitcoin's value has been volatile in the past, but its long-term trend has been positive, with many investors considering it a good store of value. However, please note that investing in cryptocurrencies involves risks and you should conduct your own research and seek professional advice before making any investment decisions.

Lainta

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Quote from: Sterbens on March 13, 2023, 10:42:23 AM

Quote from: cute nmp on March 12, 2023, 11:06:22 AM

You can invest in Btc,eth or Ada.One of the top picks in the market today.We are in a bear market and investing in new project is not such a good idea for now.One needs to hold for long before making profits in the market,better to go with the safer option.

Yes, that's right, in my opinion it's better to wait and be patient, BNB is a coin with high potential like ETH, it's better to hold it first than having to sell it and then move on to another project with unclear potential and possibly high risk, I'm sure one day BNB will be like BTC.

It is important to note that investing in cryptocurrencies involves risks and it is important to conduct thorough research and consult with a financial advisor before making any investment decisions. That being said, patience and a long-term perspective are often considered important factors in the cryptocurrency market. Holding onto a cryptocurrency with high potential, like BNB, can be a strategy for investors who believe in the long-term viability and growth of the project.

super bako

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Quote from: Rasa nanas on March 13, 2023, 11:16:34 PM

don't trade your diamonds for stones because BNB is the second biggest altcoin at the moment (below ETH), in other words investing in BNB is the best. stone I mean new altcoins, because new altcoin prices are very easy to manipulate and not suitable for long term investment. In other words if you sell BNB and invest in altcoins it's like you would throw away a diamond for a worthless stone.

BTC,ETH,BNB have been part of my portfolio since yesterday's dump. and BTC, another altcoin is currently in a high phase. waiting for the bitcoin target to be at 26k I will sell it I think there will be another correction before a more significant price comes. use the market discount moment for the luck to come

Jody.Drummer

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Quote from: Rasa nanas on March 13, 2023, 11:16:34 PM

don't trade your diamonds for stones because BNB is the second biggest altcoin at the moment (below ETH), in other words investing in BNB is the best. stone I mean new altcoins, because new altcoin prices are very easy to manipulate and not suitable for long term investment. In other words if you sell BNB and invest in altcoins it's like you would throw away a diamond for a worthless stone.

You are right in saying this, because trading BNB for any other altcoin especially if it is a new project is a mistake. If we want to exchange BNB for something else then it is better Bitcoin or ETH which has obvious potential. But that is a decision that is in their own hands, meaning that if they are ready to take the worst risk then that's okay. Maybe we are here just recommending what to do if you have BNB in your wallet.

carrie_white

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I think you already have the right coin, namely BNB, investing in BNB is not a wrong decision, BNB has become one of the most influential cryptocurrencies in the world, even in my personal opinion, BNB is better than bitcoin if you look at it as a whole, because binance has almost all crypto facilities and safe

slashz9

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Quote from: kevinzxz on March 17, 2023, 01:45:49 AM

I think BNB is the right choice for you to invest, but if you are no longer interested to investing in BNB, then I advise you to invest in BTC or ETH, because the price of BTC or ETH will definitely increase very high and always create a new ATH price, so you don't need to be afraid of investing in BTC or ETH for the long term, because you will definitely get a big profit from investing in BTC or ETH.

it depends, he wants to invest sooner or later, and also if you want to invest in eth and btc I think you have to have large capital to get big profits too, because it takes a long time to reach the new ATH.

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