I recommend Bitcoin.
Bitcoin way safer than other cryptocurrencies. It is prone to dangerous volatile like most that have crashed alot from their peak.
If you want to make more profits trading with that amount, I would recommend the low cap coins. They could give you reasonable amount of profits in singe b rally but are too risky
Topic: Which coins to invest in for a beginner - page 16. (Read 7582 times)
Beginners should be very careful in investing in the cryptocurrency market.
Be sure to examine the market and understand its concept.
If you choose coins to invest in it seems to me choose Ethereum.
Of course, this coin will be able to meet your expectations in the long run.
Be sure to examine the market and understand its concept.
If you choose coins to invest in it seems to me choose Ethereum.
Of course, this coin will be able to meet your expectations in the long run.
This is a very bad idea to ask the opinion of complete strangers about where you should invest. Study the material on the topic, and ask questions about obscure nuances. This approach will be much more productive.
actually not so bad. when you are someone who just knows crypto you don't have good experience to choose assets for your investment. and I think I need advice and analysis from other people for my consideration in determining my investment.
Investing in the cryptocurrency is a very good idea. However, its worth part is the idea to spend ALL of the money you have. Just take one-third of your assets and buy the best altcoins like TRON, Eidoo, ETH, and NEO.
This is my personal opinion, please do not consider it as financial advice. Investing is too risky but at least you are not gambling. I do not consider investing as gambling.
My picks are BTC, ETH, LTC, Ripple, Blue Protocol, Baanx, SugarExchange. You can search them and hope will certainly help you to settle your mind.
As you already have seen, I invested in several projects, not in 1 or 2. And please do not invest large sum into single project. Again this is not a financial advice, just my opinion. You can certainly ignore it.
My picks are BTC, ETH, LTC, Ripple, Blue Protocol, Baanx, SugarExchange. You can search them and hope will certainly help you to settle your mind.
As you already have seen, I invested in several projects, not in 1 or 2. And please do not invest large sum into single project. Again this is not a financial advice, just my opinion. You can certainly ignore it.
Honestly, your best bet is to just buy bitcoin.
$1000 - $2000 is too low to fully profit from a diversified portfolio.
Also, when the market is like how it is now, typically btc outperforms other coins.
Yes, you will see some alts do a temporary 10% increase or something, but the dip after that is typically worse than the gain.
Something very simple you can do to start building more capital is the simple buy low sell high method.
I would recommend Gemini exchange if you are american, it is fully compliant and stable.
Basically, when you see btc dip then buy.
Then, immediately relist to sell for 5% more.
In a high volume exchange like Gemini or Binance (use USDT to buy/sell your bitcoin), it will take no more than a week to sell.
When it dips again, repeat.
This way, you will steadily gain more btc and capital rather than just having it sit around in your wallet.
When your portfolio reaches $5000 or more in value, then that is a good time to start branching out and diversifying.
$1000 - $2000 is too low to fully profit from a diversified portfolio.
Also, when the market is like how it is now, typically btc outperforms other coins.
Yes, you will see some alts do a temporary 10% increase or something, but the dip after that is typically worse than the gain.
Something very simple you can do to start building more capital is the simple buy low sell high method.
I would recommend Gemini exchange if you are american, it is fully compliant and stable.
Basically, when you see btc dip then buy.
Then, immediately relist to sell for 5% more.
In a high volume exchange like Gemini or Binance (use USDT to buy/sell your bitcoin), it will take no more than a week to sell.
When it dips again, repeat.
This way, you will steadily gain more btc and capital rather than just having it sit around in your wallet.
When your portfolio reaches $5000 or more in value, then that is a good time to start branching out and diversifying.
Ive never bought any coins before and am considering opening an account while the coins are low
How would you invest $1000 - 2000
Thanks
How would you invest $1000 - 2000
Thanks
If you are patient enough, I recommend to try first on BTC and ETH. Aside from their prices which is higher than other coins, also because those two possessing strongest fundamentals and capabilities.
As a beginner, your best bet will be the coins at the top with regards coinmarket capitalization which have experienced major downtrend recently. For instance, XRP has some cool news with regards SWIFT deal, and also ETHEREUM too with regards Constantinople. XLM too is a good one, it experienced a major dip. Those are just some of my picks. Please do proper due diligence before accumulating any coin, this is certainly not an investment advise, thanks.
If you're starting to invest in coins the most beautiful you buy is bitcoin, ripple and ethereum because that's what know the coins that are good to buy because longterm these coins you can invest in those in the top market coin because the coins in the coin market have potentials to make sure your free altcoin has a potential and longterm because many altcoins are so scam and scam so be careful buying altcoin so that your investment can not be yours too join groups of telegram altcoins so you know the beautiful coin that can only be purchased this year to make sure you earn the purchase of the altcoin you will buy.
As a beginner I think you should take a look at some altcoins carefully following the guards line people list on how to invest in successful ico, try invest in live 5 of them with at least $200 for more than a year, believe me you will be glad you did.
Ive never bought any coins before and am considering opening an account while the coins are low
How would you invest $1000 - 2000
Thanks
How would you invest $1000 - 2000
Thanks
I made my first investments 50 to 50 in Bitcoin and Ethereum. Already further reduced these shares to 25% for each coin, and the rest invested in a dozen different ICOs. Of these, I managed to earn only 3, but the profit covered all the losses.
1000-2000 is a small amount, so you better invest it in trading on a few pairs of coins.
Ive never bought any coins before and am considering opening an account while the coins are low
How would you invest $1000 - 2000
Thanks
How would you invest $1000 - 2000
Thanks
If you want to long term investment, you can invest in bitcoin. But if you want to short term investment, i suggest you to invest in altcoin like ethereum. These strategy will help you to invest with so much profit.
Ive never bought any coins before and am considering opening an account while the coins are low
How would you invest $1000 - 2000
Thanks
I will suggest you for a start to buy some BTC and ETH. Learn about how to send transactions, how to use and create wallets, try to use different centralized exchanges and DEX. And only then look for a strong projects/ICO, which you will trust. And one more advise - do not listen other people, always do your own research and only than decide to invest or not. Always remember that crypto can be a very profitable investment, but at the same time is very risky. There are a large amount of opportunities how to earn money in crypto, choose what you like and grow your skill in this direction. How would you invest $1000 - 2000
Thanks
Ive never bought any coins before and am considering opening an account while the coins are low
How would you invest $1000 - 2000
Thanks
I think that if a newcomer to cryptocurrency invests in the top ten coins listed in the CoinMarketCap table, he will never be mistaken. And above all, you need to start with a certain number of bitcoins and ethereum. These coins will always be in demand.How would you invest $1000 - 2000
Thanks
Investing in tokens is always associated with a certain increased risk, for this you need to know the market and have information about the project itself, on the basis of which the token was issued.
Ive never bought any coins before and am considering opening an account while the coins are low
How would you invest $1000 - 2000
Thanks
For the starter, you might think to choose Bitcoin or ethereum as some part of training in cryptocurrency trading or just for holding.How would you invest $1000 - 2000
Thanks
Just be wise on how you share those funds of yours into the coins that you wanted to invest.
I think the best strategy for your capital is investing in the most popular and less risky coins. You can find them on coinmarketcap. In top 30 cryptocurrencies from the list.
it's good to start investing if you see and understand all the risks that will be gained in investing if our beliefs are already there as a beginner, maybe the next step is to buy and start investing with coins that have value or price in the top five in the crypto market today
Please take your time and study how the market works because since you are a beginner it is not advisable for you to jump in and invest in cryptocurrency right away. However if you insist and really wants to buy coins choose from btc, xrp, eth for long-term.
As a beginner when you want to buy coins, of course you can ask with people who are more understanding or you can see on the list of the best altcoins, choose coins that if you have promising potential and will give you benefits for the future
we can share our knowledge each other, if people didnt know what will they do we should share our knowledge.if we dont understand maybe find review from ico site or telegram groups could be good ways.
As a beginner when you want to buy coins, of course you can ask with people who are more understanding or you can see on the list of the best altcoins, choose coins that if you have promising potential and will give you benefits for the future
if you ask about invest then i suggest btc because it's the most stable coin.
dont need to look the price everyday, just buy and keep it for 1 or 2 year.
its different if you want to trade, you must choose the great coin at that time, because trading can give you fast profit and also with risk.
Bitcoin first and if you started to become knowledgeable about the market, you can do deeper with these altcoins. Likewise, go for bitcoin for the first time and beginner investors would feel excited on how much you'll make with it. Don't fall for those altcoins that has nothing to do with you and can even make your standing worst of having an exit scam.dont need to look the price everyday, just buy and keep it for 1 or 2 year.
its different if you want to trade, you must choose the great coin at that time, because trading can give you fast profit and also with risk.
In the end you also need a good chunk of luck to hit an alt coin that goes up several times. Many people will tell you it's only about analysis, but believe luck is a good part of the success in crypto.
Using common sense and not getting blinded by greed is important, too.
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