Topic: Which coins to invest in for a beginner - page 5. (Read 7563 times)

Personally as a beginner. I advice u to start up with just btc and ETH. They are currently very cheap. And whatever however, they will appreciate

First understand the following points -

1.MarketCap
2.What does the coin do?
3.Sentiment attached to the Coin? - Yes the sentiments play a very major role in favour or support of the coin.
4.On which exchange the coin is listed? - Yes there is a very major role of exchanges in pumping the price of coin.
5.Read about the coins from a very good source, just google you will find lot of good sources for reading about the coins you want to invest in, see the maximum price it has reached.
6.Most smaller coins are paired with BTC/ETH or stable coins, i.e coins whose value will always remain 1$, therefore BTC/ETH will always pump as soon as money is flowing into the market.
7.Never press any buy button in the flow of emotions.
8.Sell with smaller profits, you will gain some confidence that ways.
9. Always play safe, first invest only which you can afford to lose, second try to put stop loss, so that if the price goes way too much low you will at least not lose all your funds.
10.Keep your funds safe, try to keep them in your wallet, if you are planning to store them for longer run, then hardware wallet is preferred, else a paper wallet is also safe.

Now coming to what coins you should buy?
You can read about 200+ coins here - https://coinswitch.co/coins
Read the future of the cryptocurrencies, there team, there technical and fundamental analysis etc.

My advice to you - Buy some BTC and ETH, but do your own research before taking my advice.

Unknown coins sometimes have good autonomy but are hard to find because there are many unknown coins and there are far more coins that are worse than good.
so in my opinion it's better to invest only in famous coins for your security.

is it true that coins that are not famous have a greater chance? recommend me the coin you mean, I want to invest it

In my own point of view, i think to start an investment on crypto, just stick to the coins that has a good performance and good potential for long term investments like bitcoin, ethereum coin, lite coin, minero coin, and ripple.

When I advised you to invest in ETH and unknown coins. Now I want to offer you to invest in ETH but also add BTC. This choice will be relevant only for long-term investments.

This is the usual advise for the new comers here in cryptocurrency. Literally this is right so if one is having a secured though it is still a high risk in investing good coins that are in the top list I suggest to invest only in BTC especially now that the BTC market price is low. So, invest in BTC instead on altcoins in the market. This is way better than investing in altcoins.

Beginners should start with Bitcoin.
Every person that is involved in cryptocurrencies will tell you that Bitcoin is the most safest crypto investments, we all agree on that Bitcoin will be here forever, while other altcoins are not certainty.

I agree this is the right decision, for starters, if you don’t have any experience and you’re not guided by what kind of Altcoin market is worth investing in Bitcoin, this is a win-win option, perhaps this is an investment for a long-term.

If you are considering investing in coins that are less risky with sure potential to increase then you should consider investing in coins that are in the top 100 on the coin market cap but if you are considering coins that give you higher return on investment then you should try coins very promising outside the top 100 on the coin market cap but these coins can be considered risky.
I would advise you to do your own research well before investing in any coin.

I'll invest it all on Bitcoin this is the true cryptocurrency to me and all investors start here, you can easily liquidate it and of course we have experts predicting that it will reach 1 million in 3 years just watch Mcafee announcement that he will eat his dick if Bitcoin did not reach 1 million.

generally coin investment is very risky but coins that are already popular and have a lot of users I think this slightly reduces the impact of losses, because what I know is stable coins there may still be an opportunity to rise in price.such as ethereum, platfrom and koinya have good development I suggest you invest in ethereum.

Looking at the market conditions I can't say which Coin is best to invest in. All Coin and token including ICOs are reacting heavily to the market trend.  So I would suggest you make a good research before investing

if you are still a beginner in the world of Cryptocurrency I suggest buying BTC, ETH and BNB tokens as a purchase for your tokens, don't rush to buy altcoins if you can't see the potential of the Altcoin, it's true if we buy altcoins we will benefit a lot, even then if you are lucky at this moment, otherwise you will feel a huge loss.

There are many coins in the market and you can choose one after carrying out research yourself. You can hear from others on which coins are good and which are not. To find out good coins, you can research yourself, consults with friends and crypto experts, see news about the related projects, see its team and technology. I think you can invest in All.Me token.

you can choose on what coins to invest in this site. https://coinmarketcap.com/
as you can see, the charts are all almost the same so its not that hard to choose whether to invest. I advise that you choose only on the top ten because thats the most safest altcoin close to bitcoin. It is also to prevent experimenting and end up on shitcoins or scam projects since you are still a newbie.

for fixed choice beginners at ethereum and the rest added with potential coin coins, this is useful to minimize losses. so I think this is something that must be considered for beginners

Make sure you do your own due diligence and do not rely on the advice of anyone here, including myself. That said, I think the market will eventually split between the cryptos that make it and the rest, with the majority losing all or most of their value. I personally would not invest in any coins ranked below 50, and for beginners I think bitcoin and Ethereum make a nice core holding.

As a beginner, I think it's not easy because you have to start by learning to increase your knowledge. Many coins can trap you if you can't play fast, you can lose money. And my suggestion is to buy the top 10 coins because it has a large volume.

I would probably invest on ethereum because here you can ensure that someday even if you don't know when (because the market is volatile), you will get profit if you sell it. Compared to bitcoin, bitcoin's price now is relatively high not like ethereum.