Seeking Advice ‼️ - page 4. | Bitcointalksearch.org

Mpamaegbu

legendary

Activity: 2688

Merit: 1208

Once a man, twice a child!

Quote from: Picoulitto on February 18, 2024, 09:45:39 PM

Hey everyone! I've got $1000 to invest before the next bull market kicks in.

The bull has kicked in already, didn't you know? Except you're referring to when the public will start chasing price.

Quote

Should I spread it across five different coins or go all in on just one? What are your top picks for either strategy?

You can do that but my suggestion will be to do 50% of your capital in Bitcoin and then split the remaining 50% into altcoins. Apart from Bitcoin and ETH that are in the top 10 on the list, I think you should skip that and not be mindful of ranking. Look for freshly listed projects with utility. You can get into IDOs and get into presales if you've experience on how it's done.

btc78

full member

Activity: 2492

Merit: 212

Eloncoin.org - Mars, here we come!

You better decide quickly because before you know it the prices of cryptocurrencies will skyrocket and you would wish that you had bought them earlier. My advice would be to dedicate at least 50% of your money into bitcoin as it is considered the safest yet profitable cryptocurrency to invest in. The remaining 50% can be equally distributed to three or four more cryptocurrencies of your choice. I would suggest that two or three would be best so that you can carefully focus on each cryptocurrency and not be too overwhelmed.

Make sure that the cryptocurrencies you will choose are legit and have great potential to give off profit. Even though I urged you to buy as soon as you can, you still need to be careful with FOMO lest you experience some losses. Make sure that you can buy in the lowest price as possible.

This is your money and we could only advice but at the end of the day it is your decision to make.

EarnOnVictor

hero member

Activity: 644

Merit: 592

Leading Crypto Sports Betting & Casino Platform

Quote from: Picoulitto on February 18, 2024, 09:45:39 PM

Hey everyone! I've got $1000 to invest before the next bull market kicks in. Should I spread it across five different coins or go all in on just one? What are your top picks for either strategy?

Hey buddy! The choice is yours and I advise you to do enough research for you to select well. However, if I were you, I would not be so careless to invest the whole $1,000 in just a single coin/token. What if it underperformed? This pains investors more than anything, and I know that it is best to diversify rather than believe a certain cryptocurrency can save the day. If I were you still, I would not limit my investment to just 5 coins/tokens, I might go higher to between 7 and 10 cryptos so that it will be better spread for me to maximise my earning potential and reduce the risk of missing out as well.

You might want to choose from Bitcoin, Ethereum, AVAX, INJ, SOL, PENDLE, AI, RUNE, ICP, MANA, NEAR, DOT, ADA, ALGO, OCEAN etc. You know what, the list is endless, just do your research and select carefully. Good luck to you.

Rustam Meraj

full member

Activity: 112

Merit: 97

Sugars.zone | DatingFi - Earn for Posting

Quote from: ultrloa on February 19, 2024, 03:51:40 AM

How many coins are you planning to grab since if you plan to have more than 4 coins then I think the amount you are trying to spend is less and maybe you will not get the best result of your investment especially if you are aiming for long term since you speculate for a bull run to happen. I guess much better if you grab 2 - 3 top altcoins since for that maybe you can get a decent result since for sure the profit you can get is more attractive rather than grabbing a lot which you are not sure if you can really get a profit from all of those.

But you can also pick one the Bitcoin itself is already a good option since this coin have more potential to go up especially that people are now speculating for good result when bull run start to happen. You are the one can decide and for sure you can learn a lot from the suggestion posted by a lot of people. Also be vigilant to pick good coins since market is so risky and unpredictable.

I understand that you think it's a good idea to invest in only a few coins to make it easier to manage your money. It can be hard to keep track of many different coins, especially if you want to make money over a long time. If you focus on 2-3 popular altcoins or just Bitcoin you might have a better chance of making a good profit like you said.
Bitcoin is the first and most famous cryptocurrency. It could grow a lot especially when the market is doing well like we an example of current Infront of us. It's a good option for people who want a safer investment in the unpredictable crypto market.

bluebit25

sr. member

Activity: 1666

Merit: 292

Eloncoin.org - Mars, here we come!

Quote from: Picoulitto on February 18, 2024, 09:45:39 PM

Hey everyone! I've got $1000 to invest before the next bull market kicks in. Should I spread it across five different coins or go all in on just one? What are your top picks for either strategy?

I'm not sure a new member can absorb the views because every aspect has its own opportunities/risks.

- If you dedicate all your capital to a certain cryptocurrency, you must research to make sure that the price appreciation rate will be really high to help you be satisfied with the profits. I have some suggestions for you to research further on your own such as BTC, ETH, BNB, DOT, LINK,.... they are all top projects, although buying one of them, the opportunity to make a profit is always very high feasibility.

- Regarding diversification, it should also be considered carefully, the suggestion is

BTC 40%
Altcoin top (<10) 30%
Altcoin (<100) 20%
altcoin trending ( gamefi, social, NFT, AI, Depin, meme,...) 10%

Obviously investing always comes with risks, to keep your mind more comfortable, make sure you are willing to lose that $1000.

Pi-network314159

full member

Activity: 140

Merit: 63

I sudjest bitcoin investment will be the best option. Because when you talk about investing in crypto currency we talk about Bitcoin. But if there is need to diversify your portfolio I sudjest you invest in etherium, BNB, and SOL. But for shitcoin I think Pepe is good to go. Except for any other reasons.

Another important reason why you should be careful in altcoin investment is that altcoin can easily pump and also easily dump. Let's take for example if bitcoin increase by %5 altcoin might increase by%10 so if bitcoin fall by %5 shicoin might even fall %12 and may never rise anything soon. Maybe your fund might easily be trapped there. And may never recover to it initial time of buying. So bitcoin is still the best.

Vickysagar

jr. member

Activity: 80

Merit: 1

Depends on what are you trying to achieve. I suggest you to do your own research and make a decision. But I would just invest it in 1 coin. If BTC is not an option, because currently it's kinda expensive, I'd invest it in ETH.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: Picoulitto on February 18, 2024, 09:45:39 PM

Hey everyone! I've got $1000 to invest before the next bull market kicks in. Should I spread it across five different coins or go all in on just one? What are your top picks for either strategy?

How many coins are you planning to grab since if you plan to have more than 4 coins then I think the amount you are trying to spend is less and maybe you will not get the best result of your investment especially if you are aiming for long term since you speculate for a bull run to happen. I guess much better if you grab 2 - 3 top altcoins since for that maybe you can get a decent result since for sure the profit you can get is more attractive rather than grabbing a lot which you are not sure if you can really get a profit from all of those.

But you can also pick one the Bitcoin itself is already a good option since this coin have more potential to go up especially that people are now speculating for good result when bull run start to happen. You are the one can decide and for sure you can learn a lot from the suggestion posted by a lot of people. Also be vigilant to pick good coins since market is so risky and unpredictable.

Promocodeudo

full member

Activity: 392

Merit: 185

Play Bitcoin PVP Prediction Game

Quote from: Picoulitto on February 18, 2024, 09:45:39 PM

Hey everyone! I've got $1000 to invest before the next bull market kicks in. Should I spread it across five different coins or go all in on just one? What are your top picks for either strategy?

OP, firstly I congratulate you for taking the bold step to think of investing in crypto, to me if you don't have bitcoin portfolio yet, then this is the right time for you to do so, you sounded like some who is not conversant with the system, we are already in bullrun but not really the full bullrun be it as it may bullrun is bullrun, the choice you make now will determine how your future will look like in the business, seeking opinion of users here on the wether is right to spread your investment, personally I think spreading your investment dependent on how you know the coin, that's why it is advisable for you to make an advance findings by either asking question or doing the finding online for you to know the coin you will invent in but this is after you have invested in Bitcoin, you can chose 1 or 2 coin to invest in, but make sure that you are not going to invest in overhyped coin because of the consequences that may arise.

Bureau

sr. member

Activity: 420

Merit: 263

Eloncoin.org - Mars, here we come!

Quote from: Picoulitto on February 18, 2024, 09:45:39 PM

Hey everyone! I've got $1000 to invest before the next bull market kicks in. Should I spread it across five different coins or go all in on just one? What are your top picks for either strategy?

It is better to spread it rather than invest everything into one coin. BTW, the bull run is already here you can see the price of Bitcoin just spiked upwards a few days back and you can expect it to have more movement in its price. Almost all altcoins are in green so invest cautiously in altcoins that you think are good for long-term gain and short-term gain. Avoid investing in meme coins as you might get rekt after investing in them.

cryptoaddictchie

legendary

Activity: 2072

Merit: 1315

Quote from: Picoulitto on February 18, 2024, 09:45:39 PM

Hey everyone! I've got $1000 to invest before the next bull market kicks in. Should I spread it across five different coins or go all in on just one? What are your top picks for either strategy?

Well you can split it into more tokens or coins so that you would have more chances of winning. Its not like they gotta all pump when bull run happened and it will depend on the tokens youll invest with. $1k is good amount for investment but make sure thats your extra money only and not the one you need cause you arent sure if its gonna be worth or worse you lose.

mk4

legendary

Activity: 2716

Merit: 3817

Paldo.io 🤖

1. The amount of coins you should be buying matters less, you should focus on making good picks
2. You should be doing your own research
3. If you don't want to actually do the hard work, just go with good 'ol bitcoin (but you still need to know how to protect your funds from hacks/scams)

GreatArkansas

legendary

Activity: 2282

Merit: 1344

CoinPoker.com

For me, there's no good and bad on diversifying or not diversifying.
Because your funds will be split into different asset so you have the chance to get lesser ROI while if you don't diversify and you got lucky on the 1 asset you invested, for sure you don't have to become stress to think other assets.

Nwada001

hero member

Activity: 602

Merit: 638

Diversifying your portfolio is a way of playing it safe, but you can also be doing that and still fall into the trap of losing it all. Investing in one particular coin or investing in five different coins is not much different if you can make the right choice.

If you must go for different coins, I will advise you to avoid new projects that don't have any strong fundamentals or something they stand for; rather, you can choose from the list of the top 1-100 coins on the market cap by volume. A lot of them have proven to be trustworthy and still have a lot of potential in them. We never can tell what the bull market will bring for most of them, so do your research and choose wisely.

Beparanf

hero member

Activity: 2744

Merit: 761

Burpaaa

Quote from: Picoulitto on February 18, 2024, 09:45:39 PM

Hey everyone! I've got $1000 to invest before the next bull market kicks in. Should I spread it across five different coins or go all in on just one? What are your top picks for either strategy?

Correction and FYI. We are still on bull run so asking about potential investment for next bull run is still not relevant since the current is still not finish yet. But you should always stick to the safer side and choose Bitcoin and Ethereum at least on your top 5 and the last 3 coin should be the top performing coin on the current bull run.

You need to wait at least 1 to 2 years for the current cycle to end before you can invest on the next bull run cycle.

Picoulitto

newbie

Activity: 2

Merit: 0

Hey everyone! I've got $1000 to invest before the next bull market kicks in. Should I spread it across five different coins or go all in on just one? What are your top picks for either strategy?

Topic: Seeking Advice ‼️ - page 4. (Read 529 times)