Topic: What are the best coin in 2020? - page 7. (Read 1401 times)

Yea, If you see the graph of last one two months will also agree with us because you will never see any coin to market that jump so high like BTC. On the other hand BTC cover near 70% of market and rest of others, so why you will not in first choice of BTC for your $2000 investment.

You may be compare some altcoins also like CUR, LSK, Lend, RLC, Algo, SXP, CTSI.In year 2020 they are best coins in market but in front of BTC they are valueless. So one and only BTC.

best of luck.

Today, DeFi projects are in high demand among investors, but it is worth considering the fact that many teams use only the DeFi abbreviation, and their project is very remotely reminiscent of decentralized finance. Therefore, even in this situation, you need to be careful so that the same situation does not happen as a few years ago, when you invested in ico even without the White Paper, wishing to make huge money.

You can go with the hype of DeFi but be careful, and don't invest on price that is too low, look for a coins or project that is undervalued regardless of the price. $2,000 is quite a good amount of capital already, aim for long term and learn how to diversify your investment if you are looking to minimize the riks.

Actually, I believe that major altcoins will be given more attention first, so look at the trading volume of the coins you are planning to invest, usually, a legit project are listed in different good exchanges, so that's the first thing to consider as that's vital, the rest is based on your research.

I won't give a specific coins to invest, but never forget Bitcoin on your investment, it should be the priority.

Why not just invest in Bitcoin? If you don’t have enough money to start diversifying your portfolio, just invest your money in Bitcoin and that’s it. Bitcoin is even a good choice and it’s better than most of these altcoins that people worry about. There are times I just go fully on Bitcoin without investing in any cryptocurrency.

Yup, Binance coin and Ethereum are really good and they have been through major growth as of recent. Ethereum price keeps going side by side with Bitcoin. Ethereum went from a low price and reached up to $400. Binance is over 15% in a month, that’s not bad.

Although nothing can be concrete and certain when it comes to Altcoin in the long run, but if you want to invest, choose more solid options like XRP or TRX. They can give good ROI in the long run, especially till the end of this year.

I agree with you. Defi projects are very well welcomed and have amazing growth in the past time. I think this is a great opportunity for you to accumulate some great coins because in my current portfolio there are 4 which is Defi. Of course, I have also made more than 500% profits in the past few months and will definitely continue to look for many new Defi projects as this trend is attracting a lot of investors.

Yes, there are lots of investors who are playing inside this projects but make sure before engaging in
you already do your research.
It's hard to catch up with something that already mooning, since any moment it can bounce down and
your investment will be busted.
In a safer side, Bitcoin still have the higher interest coming from more investors around this market.

Technically, that's not diversifying as both asset are correlated. When diversifying, you're advice to adventure into buying asset that are not correlated like investing into the stock market and cryptocurrency market. Doing so will avoid your portfolio getting crushed when the market collapses. Bitcoin is the dominant currreny of the industry therefore you betting against is is just stupid. You should first get some bitcoin before even think about lookiyat other alternative.

Be very careful of the ongoing hypes, DeFi are legit but many scamers will be hoping to leverage on this to scam gullible, greedy enthusiast

At this time, one of the most demanded coins among investors are new DeFi projects, which have very great prospects in the future as decentralized finance. These projects show up to 1000% growth, such as JUST, Darwinia Network or Unitrade.

have to go through various analyzes to be able to get a low price but high potential coin. because it's not easy. My advice is that you can buy coins that have good potential such as ETH or BNB. in the future if you have information on coins that are low in price and have high potential, you can sell your ETH or BNB to buy these coins

obviously bitcoin and ethereum are still the target for promising investments but there is an altcoin that is quite attractive and has a very prominent rise, namely Chainlink. This altcoin that should not be underestimated by chainlink will be a promising investment because if you see from the first time it has dropped in the market, the current price has already multiplied, even for this year alone, it has increased 633.2%, this is a very record. big. don't forget if you want to receive good profits from chainlink.

you can buy bitcoin because the price is still relatively cheap for now or if you want to hear advice, you can check out IDENA, you can see the information here if you want to know more about their project, but you need to know a lot and learn more about the project before invest

If I have to make a choice to pick just one coin and if its for long term then I will suggest you Bitcoin.If you don't wanna hold coin for long term and you wanna make profit from short term holding then you can choose many different altcoins.

DeFi is a hotcake and its a bit risky.If you wanna invest in DeFi then my choice is
Oikos (OKS)-Currently trading in 0.11$
DIA-currently trading in 2.93$

Ans others potential altcoins you can invest

Centric cash-My favourite
RELEVANT(Rel)

Before investing DYOR..

But you need to be careful with these DeFi projects, once the hype is over, they may fall down hard. But bitcoin and eth, I think those 2 you can never go wrong. Even short term trading, you can already make good profit from them. But as you are holding your own money, you should decide on your own, and just let the opinion of others as a guide what you will finally do to your money.

Agree with you mate now a days there are so many coins but we need to get the better one. Now in trading only bitcoin is the best coin to trade it so now days bitcoin is available in market at lowest price which is golden chance for long term traders to hold it and sale later on at high price. For more trading you can trade with Ethereum and ripple they are also having good fame but bitcoin is the master coin to trade

the DeFi project has bright potential...
This year is when Defi shows that they have great potential in the future. Link, Aave, and Compound show good growth, I think the three crypto coins that I have mentioned you can consider investing, the opportunities for DeFi coins future bulls are still very large.

This question has been asked and answered so many times in this forum, and I believe that by now a lot of people should know that if you’re going to be asking this question so many people are going to be replying you that Bitcoin is the best cryptocurrency to be trading. And of course BTC is the number one cryptocurrency that anyone should be adding to their portfolio, so you should definitely be going for that coin if you’re planning on either holding or trading daily, it’s up to you, but that’s the first choice you should choose.

Whenever you’re about to choose a coin to invest in, there are about five things that you should be looking at and that is lower fees, security, accessibility, fastness and diversification of your portfolio. Talking about that diversification, that’s where other cryptocurrencies comes in. We have Ethereum as the first altcoin that majority will choose. Ethereum is good, and as of recent it’s one of the cryptocurrencies that has seen major growth.

The next on the list is NEO, and it has so much potential. You should as well be looking into Litecoin and Ripple. These are the only cryptocurrencies I can tell you are good, but feel free to spread out your knowledge on others and check what will be best for you, because everyone’s opinion differs, same way you will find people mentioning other different cryptocurrencies here.

Bitcoin will be the best coin. You don't have to buy other coins because the other coin will have risk, especially if bitcoin price is down. But if you buy bitcoin, especially if you buy at a lower price, you will see how big your profit later when the price starts to increase. We don't know which coin that grows at the end of this year, so why do we risk our money with something that is still unknown? Although bitcoin has the unknown about the price, bitcoin as the leader in the crypto will surge to the high price, and I am sure that you will make a big profit later.

OP, are you really going to follow the advises given here or just created this topic for no reason? Would you be brave enough to show a txid or porfolio with cryptocurrency you bought with your 2 grand ?

I am having doubts that you have these money. According to forum you havent participated in bounties that might bring that kind of money. Also I think that if a person participated in social media bounties, he can not have 2 grands that he would easily spend investing in crypto

Have you find out the ins and out about DeFi project?

When you will spend money to invest especially in crypto currency you must find out the ins and out the project itself. That is the important thing, you can't relly on someone else suggestion.

Also, you have to set the time pariode. I mean, you have to choose between short term and long term investment. You will be fine if you choose DeFi's project if your intention is short term strategy. These factor should be known by yourself, you can't ask to someone else unless you are willing to lose your $2000.