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Topic: Where should I invest? - page 17. (Read 5123 times)

legendary
Activity: 1862
Merit: 1209
April 20, 2022, 10:26:08 PM
#93
Bitcoin is good, it’s more stable than altcoins and can’t be manipulated easily.
I disagree. Although Bitcoin is the largest coin by market capitalization today and is not controlled or regulated by anyone, price manipulation still exists and happens on a daily basis.
He was said can't be manipulated easily, so he's not wrong. A whales or bad news could affect Bitcoin's price in short term, but it wouldn't be manipulated for long term. The manipulation happen on some event, not in daily basis.


Don't need to ask anyone which asset you should invest in, perhaps most people will recommend you to invest on Bitcoin since it's safer than altcoins. But if you don't know anything about Bitcoin, it's better if you not invest and start to learn Bitcoin first. Because if Bitcoin's price goes dump, you will worried and panic selling.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
April 20, 2022, 07:21:07 PM
#92

Bitcoin is good, it’s more stable than altcoins and can’t be manipulated easily.
I disagree. Although Bitcoin is the largest coin by market capitalization today and is not controlled or regulated by anyone, price manipulation still exists and happens on a daily basis.

Yea, some people might say that altcoins or new projects are better because they can do over a hundred times, but the truth is that your chances of finding such a project is close to zero. So, if you want to keep it safe, you are better go investing in Bitcoin unless you have more than enough to spare for the market, then you can go on and invest in as much as you want. But for now, your best choice are the big coins; BTC, Ethereum, and that’s just it for me.

New projects have the potential to increase prices more than a hundred times in a short time, this is entirely possible but then it will plummet or disappear forever from the market so it's quite risky to invest, especially for newbies. Bitcoin cannot grow several hundred times like shitcoins but bitcoin is more stable and secure. Bitcoin will still be profitable in the long term as demand for bitcoin ownership is growing.
sr. member
Activity: 1313
Merit: 302
April 20, 2022, 06:52:25 PM
#91
Bitcoin is the good option for you.It had a history over decades,So it can’t be destroyed easily.Very simple way to get a good profit is holding in bitcoin.Whenever the good way of getting investors will be get by the altcoin project.All new investors will come to know about the bitcoin,it only had a good future for the way of good pump in the bitcoin price for long run.
hero member
Activity: 2282
Merit: 795
April 20, 2022, 06:05:48 PM
#90
As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.

Personally, I would advise investing into BTC and to the top 10 altcoins, but majority of your investments should compromise of the former (e.g. 70% BTC; and 30% altcoins).

Given the inflationary price of BTC in the market, its price is bound to increase in the following years. But I would recommend investing into long-term due to its potential of skyrocketing in its price especially when forks happen. In terms of altcoins, I would also personally recommend investing into ETH. You can check the price history chart in order to support more your decision in investing. This may give you a broad idea on which altcoin to invest and when to invest.
legendary
Activity: 3094
Merit: 1127
April 20, 2022, 05:53:05 PM
#89
As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.
I think my first question is how long do you plan to hold the coins that you buy during this year? I ask this because even if I think there is a good chance this year will  be a good one for bitcoin, at the same time we know there are no guarantees in any market so we need to have a plan in the case our prediction goes wrong, this is the main reason why many people recommend to get bitcoin instead of altcoins, since holding bitcoin for the long term can only bring you profits while holding altcoins for such a long period of time is a bad idea most of the time.
If you do go for long term then it wont be giving any doubts about potential of Bitcoin and other top altcoins in the market.In terms of investment then it doesnt matter if you are investing with crypto
or with typical investment then its a form of diversification then having lots of options would  really be that recommended or suggested.Making investment should vary or depend on your own
discretion or decisions which hadnt been influenced by other people suggestions and recommendations.Invest on place where you do see to be worth of your money.
legendary
Activity: 2716
Merit: 1383
April 20, 2022, 05:25:15 PM
#88
As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.
I think my first question is how long do you plan to hold the coins that you buy during this year? I ask this because even if I think there is a good chance this year will  be a good one for bitcoin, at the same time we know there are no guarantees in any market so we need to have a plan in the case our prediction goes wrong, this is the main reason why many people recommend to get bitcoin instead of altcoins, since holding bitcoin for the long term can only bring you profits while holding altcoins for such a long period of time is a bad idea most of the time.
sr. member
Activity: 1046
Merit: 273
April 20, 2022, 03:54:01 PM
#87
As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.
Bitcoin is good, it’s more stable than altcoins and can’t be manipulated easily. Yea, some people might say that altcoins or new projects are better because they can do over a hundred times, but the truth is that your chances of finding such a project is close to zero. So, if you want to keep it safe, you are better go investing in Bitcoin unless you have more than enough to spare for the market, then you can go on and invest in as much as you want. But for now, your best choice are the big coins; BTC, Ethereum, and that’s just it for me.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
April 20, 2022, 01:48:50 PM
#86
Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice?
If you are still a newbie then the best choice would be to invest on Bitcoin while you are learning to trade with other coins with your spare investment money. Bitcoin has more potential to have more greater price than currently is so it's always a great idea to hold some of the Bitcoin even it's on how you determine "high price" is, Bitcoin will reach ATH anytime soon but we don't know when.
sr. member
Activity: 2296
Merit: 348
April 20, 2022, 10:44:37 AM
#85
The biggest investment that you need to do for now, is in education if you have not done that already. Educating yourself and your family members enough to get a stable day job will solve some of the biggest mental stress factors out in this world.

After that you can start to decide on how to divide your assets. Depends on your capital you should allocate to fiat and crypto markets. Fiat markets namely stocks, commodities, bonds and metals; crypto should be kept limited to bitcoin. Dont ignore the fiat markets, they often remain green on red crypto days, they are source of clam during the chaos in crypto. After all they are here for a longer time and are already trade-ready compared to bitcoin. Dont be stubborn of getting only bitcoin and this will vary depending on where you are located and what the local laws dictate.
Education used to mean something great, you would get a good job after graduating, and after a few years you would be able to support yourself and if your wife worked as well you would have a decent middle income family household. However, these days people are barely surviving with the current market conditions, you could have a ton of workload, 80 hours a week, your wife could be the same and you would barely afford a vacation.

I have been earning 4 times more than what minimum wage worker earn in my country, and I have been living a medicore life at best. This month has been specially terrible, I paid off some debts, and this caused me to have less than what I normally have, which shows that you could be considered a "rich" person in my nation when you have no debt, that is the ceiling, literally having no debt makes you rich, that is not what we think when we consider rich people normally.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
April 20, 2022, 10:15:38 AM
#84
In cryptocurrency market bitcoin is always best and far profitable in long term so we can't see many people especially here to disagree with that statement. Watch out the word I used which is long term like atleast a cycle as of now its four years so you can definitely make profits when you are ready to hold when prices are bleeding and people make you panic as well.

Many analysts believe that the 4 year cycle will repeat itself in 2022, if this happens again and bitcoin drops below $30k there will be more FUDs and create a bigger panic than before, I hope bitcoin price can still hold above $40 k so that we will be easy to run again.
Its in the data, we no need analyst to find that and probably the cycle may get shorter and can turn into any side at anytime. If bear market is hitting at its top then we can even expect the prices to drop down $20K region and its the place to accumulate as much as you can.
hero member
Activity: 2688
Merit: 588
April 20, 2022, 09:52:52 AM
#83
Currently there are many investment offers, even on Android there are many offers to invest with rewards of more than 20% per year, but in my opinion investment is that we have full control so that we can decide whatever we like, and we can get that in cryptocurrencies, we buy hold and sell whenever we can feel profit.
What kind of investment is that where you are guaranteed 20% ROI? I guess you’re not talking about cryptocurrency investment or do you mean staking? There are some exchanges where you can stake your cryptocurrencies and make profit which can go as high 20% and more. Staking can be done on so many exchanges such as Binance, Crypto.com, Coinbase pro, etc. But, you have to understand that staking is not the real cryptocurrency investment, the op wants to make a straight investment into crypto and not stake.
hero member
Activity: 1498
Merit: 537
April 20, 2022, 09:04:55 AM
#82
Invest in people's interests. Find out which trend is ongoing because that is the place where people will invest more actively. A project can have a long-term vision but if people are not interested in that right now then leave it now and keep it in observation.

I think a 10 or 20 years plan of investment is bogus. We do not know what will happens after that long period of time. Also, I do not like to keep my assets as a sitting duck.
legendary
Activity: 2282
Merit: 3014
April 20, 2022, 07:27:54 AM
#81
As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.

Well as I’ve repeated over and over on this forum over the years, as someone who’s licensed to give financial advice, always make sure you’ve got a sound portfolio that’s set up with traditional investments first and foremost. Then once you do and you’re on track for retirement then investing some in bitcoin could make sense.  You can make money in alts but just remember it that most , I mean the vast majority are absolutely garbage with no future.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 20, 2022, 07:16:06 AM
#80
Nowadays it is very difficult to find investments that can provide high ROI, but if we take risks then I recommend choosing cryptocurrencies, profit opportunities that can reach hundreds of percent or even more in a year make me make cryptocurrencies as assets and long-term investments.
You can try investing in bitcoin by buying at a low price and holding it for some time. In addition to bitcoin, gold can provide benefits, but bitcoin will provide more benefits, especially if you can get bitcoin at a lower price than now. But if you decide to invest in altcoins, I think it will confuse you because there are many altcoins in the market that you need to analyze to find the right altcoin for your investment. So if you only have bitcoins, I guess it's enough for your investment.
full member
Activity: 462
Merit: 100
April 20, 2022, 07:08:34 AM
#79
As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.
At fast should analysis about the market then you can invest in a blockchain-based project or you can invest layer 1 project then you can get very good feedback after a sustainable period.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
April 20, 2022, 06:48:55 AM
#78
Nowadays it is very difficult to find investments that can provide high ROI, but if we take risks then I recommend choosing cryptocurrencies, profit opportunities that can reach hundreds of percent or even more in a year make me make cryptocurrencies as assets and long-term investments.

High ROI means high possibilities to get scam since that's what mostly scammer try to show to their victims that they can earn huge amount of money to them, So be settle on less or maybe learn how to trade since this could possibly give a lot of profits if we are lucky enough to spot a good position on certain coins listed in the market. Long term investment will still go with bitcoin so if you choose to find it go with this coin since this is much tested for many years.
member
Activity: 1232
Merit: 12
April 20, 2022, 04:50:49 AM
#77
Nowadays it is very difficult to find investments that can provide high ROI, but if we take risks then I recommend choosing cryptocurrencies, profit opportunities that can reach hundreds of percent or even more in a year make me make cryptocurrencies as assets and long-term investments.
member
Activity: 261
Merit: 15
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
April 20, 2022, 04:47:00 AM
#76
An investment that you intend to earn in the long run. If it's a long term investment like the OP meant then Bitcoin is the best choice. It's never too late to put your money on Bitcoin.

In addition, BTC is also able to guarantee value growth every 4 years due to the halving event.

Besides BTC there are also several other potential coins that can be used as investments, BNB, ETH, LTC, XMR, BCH, ETC, LINK.
full member
Activity: 1050
Merit: 100
April 20, 2022, 02:45:57 AM
#75
In cryptocurrency market bitcoin is always best and far profitable in long term so we can't see many people especially here to disagree with that statement. Watch out the word I used which is long term like atleast a cycle as of now its four years so you can definitely make profits when you are ready to hold when prices are bleeding and people make you panic as well.

Many analysts believe that the 4 year cycle will repeat itself in 2022, if this happens again and bitcoin drops below $30k there will be more FUDs and create a bigger panic than before, I hope bitcoin price can still hold above $40 k so that we will be easy to run again.
belief in a 4 year cycle if widely trusted by many traders and investors it will create strength, because most investors will lead to one transaction or trend. but I don't think we can fully expect it, because market habits sometimes change, on the other hand the current development of investors is different from 2017, therefore preparing them to invest in bitcoin I think is very important, given the high fluctuations
sr. member
Activity: 1358
Merit: 253
April 20, 2022, 12:48:52 AM
#74
The pandemic that has occurred for more than 2 years has made many big changes, many types of investments such as stocks, futures, and property have dropped due to the number of enthusiasts choosing other types of investment, due to the increasingly difficult economic situation, for now I prefer this type of investment. which provides a large profit and we can get this from cryptocurrencies.
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