newbie invest - page 9. | Bitcointalksearch.org

Blawpaw

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

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

You could invest those onto Litecoin. Litecoin is one of the most reliable altcoins out there but is now extremely undervalued. If you buy now you will get them at a good price. Just hold them, and on the next cycle you will make 10 times profit in dollars

Heulahee

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If you are a newbie in the trading platform I suggest you now invest in 2-3 coins, for example, if you invested in a single coin, that will be too risky for you, And whether you had invested in only 2-3 coin, it will be a little risky in my opinion. And Bitcoin is either a better choice after all, with having a little in bnb, that will be great as I think.

Rana590

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It is good idea to divide your capital in several portion and invest on different potential crypto like Matic, Dot, Solana etc. 2 BNB is not huge amount and it is not wiser decision to invest all the amount in one project. BNB is also potential crypto and you can hold your BNB strongly for future benefit.

Cantsay

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

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

2 BNB is a nice amount to start with.
To me I won't advice you to invest in any altcoin due to the market current condition. And I'm sure that so many project will go down with this current bear market.
Even Bitcoin is still struggling to stay at $17k.
If you want a long term investment that will surely profit you then you probably should start buying Bitcoin.
You could also purchase some Ethereum too but note that this won't be a short term investment.

Hildentine

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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.

Rasa nanas

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what do you mean about good projects? with you holding 2 BNB it means you have invested in a good project. Are you not aware that BNB is one of the best altcoins at the moment?
If what you mean is a new project, I can't comment further because it's very difficult to determine a potential new project, especially now that market conditions are bad.

Shamm

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2 BNB is quite good amount to invest and also if you decided that you are gonna invest in some coins instead of investing in BNB it self cause we all know that BNB is a good coin to invest with. But if you look some then Bitcoin and ethereum is the best option for you these two coins are very good and recommendable in investing and holding for a long term. But the last decision is yours so you need to decides and choose the best.

alik111

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Why you not holding BNB ? BNB is a great project to invest in. Again if you want some coins with more volatility then Dogechain is a perfect option to invest your bnb. It will make you more profitable. Algo is also a good project to invest in Binance.

Uzairjutt275

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

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

If you are newbie in Cryptocurrency then it is too risky to invest in any project and also searching for a good project for a invest. You can get much knowledge, information and skills in YouTube. If you want to invest then you select top altcoins like Bitcoin, Ethereum etc. These altcoins have a good potential and also a promise project.

coinerer

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

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

If you still have that BNB then it must have lost value due to various bad situations in the crypto market. If you want to make a safe investment then definitely it will be Bitcoin. Because all coins have a chance of crashing or being scammed, the chance for Bitcoin is very low. Recently a major exchange company like FTX went bankrupt which is really bad news. So now it is very difficult to trust any other coin other than Bitcoin

Sebas.tian

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I think, Bitcoin will be the best choice for you to invest in this bearish season, that will give you a good confidence of achieving something good in the future. Now that many investors and traders has invested a huge amount of money on Bitcoin than Ethereum, it showed that there will be massive favour when the price of Bitcoin increase higher for the bullish season to stay for both long term and short term investors and traders to achieve something good. It will be favourable for newbies to embrace Bitcoin in this season by investing a huge amount of money and hold for the price of Bitcoin to increase higher before he or she can sell to make income.

Fredomago

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Quote from: radjie on November 17, 2022, 11:24:21 AM

Quote from: Fredomago on November 15, 2022, 07:28:02 AM

The market sentiments affects how investors and traders react and for sure there are many opinions in terms of picking the right project to invest your money, if you are wise enough even you are a newbie you will invest your time gathering more knowledge before stepping your foot inside the market, you can use a small portion of your capital to try how the business works and keep trying patterns that you learn and see it yourself if it's effective or not.

Along the way, crypto assets have both risk and potentials you need to assess and observe if which crypto asset to invest your money before you go and start your investment journey using bigger capital to stake.

Doing research before investing for beginners is of course very important to do, because investing in crypto is obviously very risky, everyone can easily get rich instantly and also easily become poor instantly in this industry. Therefore, before putting money to invest, it is highly recommended to first gather insight and knowledge as you convey
And BNB is a potential coin category that is suitable to be used as an investment asset because it is a large platform, has a strong team and can compete with some of the top popular coins, but DYOR is the most important before deciding to take action

Nothing to say about that, it's important to do your DYOR before stepping yourself inside the market, choosing solid project will defend from how you really believe from what the developers are doing, mentioning Binance, the project already established their name to become the top crypto exchange, and aside from that BSC also gaining good support from other developers, giving BNB a good chance to keep gaining increase.

It's more about how you do your research and how you form your strategy to follow the pattern and have a profitable system.

radjie

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Quote from: Fredomago on November 15, 2022, 07:28:02 AM

The market sentiments affects how investors and traders react and for sure there are many opinions in terms of picking the right project to invest your money, if you are wise enough even you are a newbie you will invest your time gathering more knowledge before stepping your foot inside the market, you can use a small portion of your capital to try how the business works and keep trying patterns that you learn and see it yourself if it's effective or not.

Along the way, crypto assets have both risk and potentials you need to assess and observe if which crypto asset to invest your money before you go and start your investment journey using bigger capital to stake.

Doing research before investing for beginners is of course very important to do, because investing in crypto is obviously very risky, everyone can easily get rich instantly and also easily become poor instantly in this industry. Therefore, before putting money to invest, it is highly recommended to first gather insight and knowledge as you convey
And BNB is a potential coin category that is suitable to be used as an investment asset because it is a large platform, has a strong team and can compete with some of the top popular coins, but DYOR is the most important before deciding to take action

Inwestour

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Quote from: Japinat on November 15, 2022, 09:41:44 AM

I do agree with it, Bitcoin and Ethereum are highly recommendable for any investors who would want to start their journey in crypto world. But aside from those two given coins, Binance and Solana, and other leading altcoins are also decent and has been one of the most sought coins this year alone especially BNB as in the last couple of days, BNB still managed to rally, almost to the price of its recent ETH even if the market is not doing good. Many people are choosing it over ETH, but why would you have to choose if you can always acquire both said coins. I hope the OP retained his 2BNB though rather than selling it to acquire another one.

Every investment has opportunities and risks. I think that most part of the portfolio should consist of bitcoin, in my portfolio so far only bitcoin and I do not plan to add other coins to it yet. I know that in the new bull market, not only bitcoin, but also other coins will grow, it’s just that now the bear market creates big risks for many projects, I’d rather invest in bitcoin now.

Juwel580

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Many new projects are coming for the newbies I would say that if the newbies want to invest then invest carefully and invest wisely because now many projects are scams because currently the price of BTC has dropped a lot because of that the project is not going well so many jobs have increased. Everyone should invest knowingly before investing, check the project manager and the ico of the project carefully, how many people are participating, how it is being taught, think about everything and then invest. Thank you.

sukmo

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the classic rookie mistake of thinking you're too late for Bitcoin, leading you to focus on altcoins when in reality Bitcoin outperforms all of them in the long term. I did something similar in late 2013 when I thought just because I couldn't afford 1 full Bitcoin that I was late to the party.

as a starter Altcoin has a long history of disappointing overall in the long term. Second, it is a Binance coin and history has shown that exchanges are not always on top only invest in bitcoin, it is the most reliable.

You can also use several altcoins, but you have to be very careful when choosing an altcoin because some may not generate any profit, some may only generate a small profit, some may result in a loss. If opting for altcoins, let a bit of your portfolio be altcoins and earn 70% or more on bitcoins. Avoid new projects, it's a scam, look for better ones with high market cap on coinmarketcap.

jostorres

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Quote from: xSkylarx on November 12, 2022, 07:58:54 AM

Quote from: KINVAN e on November 11, 2022, 11:57:06 AM

I think BTC ETH are the best options. Now is a bear market and the perfect time to get in.

Agreed, and as a newbie, it would be best to start in BTC and ETH. How long would you hold it, be mentally prepared for it, and keep reading the news from time to time so that you wouldn't be tempted to sell it early. Also, it is always the perfect time to buy bitcoin, as we know it has a future. I recommend reading some expert news and analysis, joining forums and visiting Wall Observer prices of bitcoin to see what others think about the current price of bitcoin.

Actually, reading the news isn't good because it can make you anxious. If only all news are positive then it would be great but no. We also have bad news and that can greatly affect our decision to hodl. Btc and eth is a safe coin and they are proven already that they can recover so it's okay if you will leave it on your wallet and enjoy your life outside.

You can only come back after a couple of years to harvest your gains. Bnb is also a good coin just like btc and eth but I think it's better if we diversify our capital. The more the merrier as they said. It also allows you to cut risk and then possibly earn more income because other coins have different potentials.

lepbagong

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Quote from: jakdanyel on November 12, 2022, 11:58:32 PM

Instead of buying and selling, standing in a coin in a fixed way will earn you more. The safest, as always, is bitcoin. You can wait by exchanging your coins to bitcoin. After Bitcoin, the coin I trust the most is ethereum. It might be a good idea to invest. When the bull market starts, you will have more dollars.

actually BNB is very good and it's not bad to hold, because we know that BNB has made a surprise with a significant increase in price compared to other altcoins. but changing to bitcoin and ethereum as you said is certainly something that can be done because indeed the two of them are currently the best and clearly have more advantages.
I would rather not just stick with what you have, but in a bear market like now, this is the right time to continue to add to the amount saved by continuing to pay in installments to buy it.

Japinat

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Quote from: jakdanyel on November 12, 2022, 11:58:32 PM

Instead of buying and selling, standing in a coin in a fixed way will earn you more. The safest, as always, is bitcoin. You can wait by exchanging your coins to bitcoin. After Bitcoin, the coin I trust the most is ethereum. It might be a good idea to invest. When the bull market starts, you will have more dollars.

I do agree with it, Bitcoin and Ethereum are highly recommendable for any investors who would want to start their journey in crypto world. But aside from those two given coins, Binance and Solana, and other leading altcoins are also decent and has been one of the most sought coins this year alone especially BNB as in the last couple of days, BNB still managed to rally, almost to the price of its recent ETH even if the market is not doing good. Many people are choosing it over ETH, but why would you have to choose if you can always acquire both said coins. I hope the OP retained his 2BNB though rather than selling it to acquire another one.

Fredomago

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Quote from: fauzan Ichsan on November 13, 2022, 02:36:47 AM

Quote from: borovichok on November 12, 2022, 09:56:30 PM

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Stay at BNB to avoid risk, investing during the bear season is very rare to find new projects that are worthy of praise, usually difficult to develop because the market is not supportive. now is the time to secure the assets we have and add to them by buying at low prices like today

Bear market have always favour those that have the skill to or the aid to make curious research about the coin that will pump when the bull start calling. Bull season might probably be next year, that's not predictable but it will definitely come and those of us that bought during the dip, would be smiling when everywhere start showing green long candles. That's the happiness of every trader and it's achieveable with enough backup research.

in buying coins during a bearish season like this time, choosing the right coin will be psychological for novice investors. many of them still think conventionally, that they will easily double their money here. indeed to stick with BNB is a good choice, considering that BNB is a trusted altcoin to date, they have the largest exchange that most people use to carry out transaction activities

The market sentiments affects how investors and traders react and for sure there are many opinions in terms of picking the right project to invest your money, if you are wise enough even you are a newbie you will invest your time gathering more knowledge before stepping your foot inside the market, you can use a small portion of your capital to try how the business works and keep trying patterns that you learn and see it yourself if it's effective or not.

Along the way, crypto assets have both risk and potentials you need to assess and observe if which crypto asset to invest your money before you go and start your investment journey using bigger capital to stake.

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