What should I invest in? - page 4. | Bitcointalksearch.org

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Quote from: Despairo on March 10, 2022, 11:50:03 PM

Quote from: Cryptions on March 10, 2022, 02:21:10 PM

I would avoid putting everything on the same basket, i.e., I would invest at least in three instead of one. Maybe Bitcoin, and some from top 10 and some new alt coin with potential / use case.

~
If you want to diversify your portfolio, better to diversify trough other investment not crypto space e.g. real estate, stock, gold etc. This will prevent the risk if crypto market goes unhealthy.

A good advice.
I agree with what he said that diversifying your portfolio doesn't mean that it is only on the cryptocurrency but other assets as well like the ones he said already as well or maybe add investing into business maybe like crowdfunding other business and the like.

As for my part, that is why I also quoted this because aside from my crypto investment I'm also investing into stock market and maybe real estate in the future. I thought of investing into Bonds as well but seeing its annual yield, I just decided to put my money into stock market (REITS in particular). But to answer you OP, since you are in a Bitcoin forum I think just focus on the top 10 coins but first at least have some knowledge because it will help you in your investment journey and it will you prevent getting scammed as well

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bitmover

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Quote from: mk4 on March 11, 2022, 03:57:44 AM

Quote from: CryptoATM on March 11, 2022, 03:27:36 AM

Buy some BTC, BNB, ETH and hold, I don't buy the idea is investing all my money in one single asset, don't put all your eggs in one basket, BTC have stronger advantage over other coins but no one knows what the future may have in-store for us.

When we say "don't put all your eggs in one basket" it mostly means don't put it on one single asset class; also put some money in stocks and in businesses. Because spreading out your exposure in crypto to other coins and tokens doesn't actually decrease your risk — it increases it.

I agree
Buying many different altcoins and tokens doesn't increase your diversification.

As all those cryptocurrencies are highly correlated you are not diversifying. A good portfolio is balanced along many different asset classes such as stocks/bonds like you said.

just found an old post of mine with that chart:

Quote from: bitmover on September 27, 2019, 07:38:16 AM

It makes no sense to "diversify" in assets which are totally correlated. As mentioned above, you will only increase your risk and volatility.

Take a look at this graphic, from coinmarketcap, that I took from this website (https://smartereum.com/1887/ethereum-bitcoin-ripple-cardano-cryptocurrency-prices-going/)

If you look carefully, youi will see that the graphics are all the same, so it makes no sense to diversify here.

Questat

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It is not a new question for noobs but I think you already have an idea. I'll give some hints, invest those coins that it was really profiting and for long-term investment. I don't suggest hyped projects, not even new projects as the majority of them are scams, never waste your time digging which is one is legit and which is not.

Looking on https://coinmarketcap.com/ could give you more information.
Bitcoin, ETH, and BNB...still more.

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Quote from: lombok on March 11, 2022, 07:28:23 AM

https://coinmarketcap.com/

The link above can be a reference for you in choosing coins. Detailed information regarding, marketcap, supply of various coins is available there. I personally would choose Bitcoin as the best investment coin.

I'm sure he will be a little confused about choosing a coin through that link even though the advice you have given is very good and helpful, especially if you also say that the best choice is Bitcoin and I personally also want to say the same thing because Bitcoin will never be a loss to be owned by anybody.

asus09

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If you ask what I should invest, if I personally will choose to invest in bitcoin, and other coins that can be promising, because I invest for a long time, but before investing in anything I will study and continue to study to understand the risks involved. I face, and the benefits I get, but I do not dare to invest if no one guides me, good luck until now there are friends who always guide me to invest.

lombok

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https://coinmarketcap.com/

The link above can be a reference for you in choosing coins. Detailed information regarding, marketcap, supply of various coins is available there. I personally would choose Bitcoin as the best investment coin.

manok jepang

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I think currently coins that have strong fundamentals are very suitable for investment, especially in the long term, such as binance, ethereum, bitcoin, solana, kardano, and polkadot, but if you want to invest in game-based tokens then I recommend investing in axie infinity because this token has a potential that is not inferior to coins that are in the top 10 CMC,

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Quote from: Planegoose on March 10, 2022, 07:34:51 AM

What's the best coin as of right now to invest in?

Many options for you to choose the current altcoin, eth, bnb, matic, solana and sand you can make the good choice , market that is experiencing a decline is an opportunity for you to invest the money you have, and in my opinion in market condition like this, of course, will be able to guarantee you get a profit when the market recovers later.

Royal75

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I'm personal invest Shiba Inu, SafePal, Bnb, Alpaca. I love thous token, Remember Everytime when you investment in cryptocurrency you need to check personally thous project.

BlockchainMentors

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In the recent few months, BTC has gone down and following that a lot of other cryptos as well! I would suggest to use this dip and invest in Bitcoin and Ether majorly, you can also consider a few stablecoins and some new upcoming projects to have a balanced portfolio.

asyakashi

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Quote from: Planegoose on March 10, 2022, 07:34:51 AM

What's the best coin as of right now to invest in?

Bitcoin and ethereum if you want to go long term and put large amounts of money.
These two coins have survived in extreme market conditions and they are still growing until now.
But, don't focus too much on those two coins, Coinmarketcap top 10 coins are also not a good
choice although I'm sure they are never suitable for long term at least it can be invested in short to medium term.

aylabadia05

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Quote from: Planegoose on March 10, 2022, 07:34:51 AM

What's the best coin as of right now to invest in?

Bitcoin (BTC)
Ethereum (ETH)
Binance (BNB)

That's a good choice of coins to invest. Investments in these 3 types of coins are suitable for the long term and suitable for the short term.
Their value will be very good in the future.

mk4

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Quote from: CryptoATM on March 11, 2022, 03:27:36 AM

Buy some BTC, BNB, ETH and hold, I don't buy the idea is investing all my money in one single asset, don't put all your eggs in one basket, BTC have stronger advantage over other coins but no one knows what the future may have in-store for us.

When we say "don't put all your eggs in one basket" it mostly means don't put it on one single asset class; also put some money in stocks and in businesses. Because spreading out your exposure in crypto to other coins and tokens doesn't actually decrease your risk — it increases it.

CryptoATM

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Buy some BTC, BNB, ETH and hold, I don't buy the idea is investing all my money in one single asset, don't put all your eggs in one basket, BTC have stronger advantage over other coins but no one knows what the future may have in-store for us.

Rockstarguy

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Quote from: Planegoose on March 10, 2022, 07:34:51 AM

What's the best coin as of right now to invest in?

Bitcoin is the best.. when it comes to investing its only you that can tell your self the best coin to invest on, it is a personal question one needs to have answer to it. If you don't know the best coin for you to invest on that means you are not ready to invest and when you are not ready take some time and relax yourself to know which coin is the best, and try to understand which one will.be the best for you to invest on.

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Quote from: Planegoose on March 10, 2022, 07:34:51 AM

What's the best coin as of right now to invest in?

You have all the look of someone who is going to lose their money very quickly.

Quote from: bitmover on March 10, 2022, 12:33:44 PM

Bitcoin

Actually it is the best for the long term, or so many of us on this forum think, but it seems to me that the OP is looking for a coin that is going to go up fast for cash in a quick buck.

Quote from: mk4 on March 11, 2022, 01:35:48 AM

If you're asking us what to invest in, maybe don't invest just yet. Because if you know the industry enough, you'd know how to decide for yourself.

Educate yourself.

The best he can do. I would say the same thing without "maybe".

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Quote from: Planegoose on March 10, 2022, 07:34:51 AM

What's the best coin as of right now to invest in?

If you want a good or higher multiplier then pick a low market cap major coin/token, study first how marketcap works and from this, youll noticed which one has the capacity to grow or gain profits based on this.

But of course if you want a safer coin then go for bitcoin since its much wiser to place to your investment on top major coin such as that.

mk4

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If you're asking us what to invest in, maybe don't invest just yet. Because if you know the industry enough, you'd know how to decide for yourself.

Educate yourself.

* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://cryptosec.info
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
* https://github.com/ethereumbook/ethereumbook#chapters

Despairo

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Quote from: Cryptions on March 10, 2022, 02:21:10 PM

I would avoid putting everything on the same basket, i.e., I would invest at least in three instead of one. Maybe Bitcoin, and some from top 10 and some new alt coin with potential / use case.

The thing is the top 10 cryptocurrency either on Coingecko or Coinmarketcap is scam, also new altcoins is just a fork or rug pull and doesn't have any use case, you're only looking for pump and dump, that's it.

If you want to diversify your portfolio, better to diversify trough other investment not crypto space e.g. real estate, stock, gold etc. This will prevent the risk if crypto market goes unhealthy.

Cryptions

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I would avoid putting everything on the same basket, i.e., I would invest at least in three instead of one. Maybe Bitcoin, and some from top 10 and some new alt coin with potential / use case. It all depends on your objectives, are you going to hold long, for what kind of risk you're ready to take etc. Always, invest only what you're ready/afford to loose.

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