Which is currently the best crypto to invest in?

oktana

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Quote from: JeffBrad12 on November 21, 2023, 07:13:17 PM

Quote from: oktana on November 21, 2023, 06:50:34 PM

Quote from: _act_ on February 20, 2023, 11:42:12 AM

I will advice you to invest in bitcoin. Do not be disappointed if you invest and you see any decrement, you should not sell but continue to invest. We all still know that it is definitely coming that bitcoin will reach a very high price again.

If you want to invest on altcoins, you need to be careful because many of them have increased this time, any little fall on bitcoin will be a great fall on altcoins. Do more reach if you want to invest on altcoins, but I will advice you to invest in bitcoin.

These days who listens to this? Following the price/value rocketing of Bitcoin, people have been creating more and more altcoins while others invest in it just in case it could be the next Bitcoin. I am not saying that altcoins are bad investments but then, if you check, these days people don't have the patience anymore, they want to make quick money so they invest in almost any altcoin they see (as long as it is not expensive and they can buy a large amount of it). Those (myself included) who invest in altcoins please be careful. Altcoins can be very very volatile and could be backed by anybody, unlike Bitcoin where we may not know the creator but then we know everything about the coin.

the biggest hurdle here and the main reason why some people refraining from investing in bitcoin is simply put because lack of money, not everyone could be waiting few years just some miniscule gain, i mean its okay if you have the money to invest as much as 1 btc but imagine investing with $5 will you get meaningful profit with bitcoin which know to be long term investment? bitcoin is realy good to invest if you're rich enough, if you at least have big capital in your hand but not so much for the little guy, thats why these people seeking more volatile and fluctuative form of investment so that they could grow their capital, which i can be sure that they will eventually hold some bitcoin at the end of the day when their capital grow enough to be invested in bitcoin.
thats the reason why altcoin pump and dumps thrive even until now its because they are way for earning money for little capital people.

Aside from the ideology that it is the way low capital set of people earn money, I think there is more hype around Altcoins. Are you telling me that if there was no Altcoin, I mean, no single Altcoin, that people would not invest anything they have in Bitcoin instead? Even if Bitcoin has already skyrocketed and there isn’t much gain for people who invest little, we will still see investments. So, I think that people just hope on Altcoins to make money quicker, after all, Bitcoin’s lowest fraction right now is worth nothing but majority still prefer Altcoin.

Bureau

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Quote from: Mimiklinton on February 20, 2023, 11:31:21 AM

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.

None of us here would give you the right information. It is like asking question from a retailer what to buy. Unless you have done your research and given opinion on the product you would get multiple choice. Which will make you confuse and you would end up buying nothing.

In that same manner if you ask your friends which property to invest or which car to buy you would end up confused. Investment in anything comes with a lot of risk. Find out yourself what are the risk and then calculate how much risk you can afford to handle if things go wrong.

Do not ask for advice as you will end up confused. Cryptocurrency investment work in that similar manner. Do your own research and then ask about the ones which you feel are good to invest.

Mate2237

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If you have been in the cryptocurrency ecosystem space and even though your not active in the blockchain you supposed know the best cryptocurrency to invest in. Or probably you were not paying attention when you started the journey of cryptocurrency. And since you asked in general and not in specific I will also give you in general answer a d all the following cryptocurrencies are good to invest.

The number one cryptocurrency which every genuine man must invest is bitcoin and follow by Ethereum and thirdly is the new project in the Forum which will have a great fortune in the cryptocurrency ecosystem space and it not any other coin or token than ElonCoin. Though it is your choice but look into these ones and make you investment from there. Invest in bitcoin and ElonCoin. ElonCoin will have a lot of years to enter into the peak of cryptocurrency but the starting point for the coin is very good. So it is worth investing.

Dr.Bitcoin_Strange

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Quote from: DaNNy001 on November 20, 2023, 05:34:42 PM

Quote from: Bushdark on November 19, 2023, 05:42:06 AM

There are many good projects we can invest in and make reasonable profits from the market but some might still be thinking that the Crypto market is going to go down little before we see a massive bullish movement. Whatever what we think about the market, it is good when we start buying and holding because the time is getting ready for the bull market. Once Bitcoin price start going bullish, every other projects would follow the same part and the bull market will commence.

I won't doubt you about this particular thought as it's one that have been working for lots of short term trader during this period. Many people out there are getting scammed due to the high spirited expectations they are currently having about some altcoins if not all pumping with Bitcoin at similar pace due to the bull season rush but this fact is still there that many people still lose alot during this market rush because of the wrong choice of altcoins and believe it's very difficult to find that reliable altcoins that isn't worth fearing for if actually we get to buy some of them.

You are right, mate. Like I always say, investing in altcoins is like staking on different games, and you don't know which one will actually earn you a win or which will give you a loss. You can stake on a game in a very reputable casino, but that doesn't mean that you are going to win the bet because it's a reputable casino; your winnings will depend on the final result of the game you have staked on. So, what I mean in essence is that a project can look very good and promising, and the native token of that project may actually be doing well in the market, but the truth is that those characteristics alone cannot determine the final success of the project. It could be that despite the good start of the project, they might still fail along the line due to some responsibility they might be faced with and cannot meet up to it.

inthelongrun

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This is very easy to answer. Without a doubt it is bitcoin. You can simply track it since its creation last 2019 from no value to $36k. I will include the next coin since it remained second to bitcoin for many years already. Yes, ethereum is so solid that it remains the second most valuable next to bitcoin. So for me, you don't invest in crypto without bitcoin and then if you're diversifying crypto investments like many of us, ethereum is also a must. After these 2 coins, we can start exploring the other projects and see if they are worth the risk as well and only invest the amount that are willing to get lost.

Kelward

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Quote from: jasonjm on August 25, 2023, 10:47:55 PM

Invest in Bitcoin. It is the best and the safest option to get a good profit. Apart from Bitcoin, you can also try your luck with ETH, BCH, XRP, SOL, LTC, DOGE, etc. All of them are potential coins and will give you a good return on investment once you invest at the right time.

This is straight to the point, bitcoin is the king of all cryptocurrencies, it stands alone at the very top, and it's profitability guarantees your return on investment. It is the first crypto currency, and it's standard is a yardstick for other cryptos to follow. Example is it's bull run, when investors are cashing in during the season, it rubs off on other crypto coins to also increase in investment. Same thing when it's in bear run, it also affects other crypto coins negatively. If you want to go for altcoins, then I recommend the top altcoins that you have mentioned, starting with ethereum.

ItsCrafty

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Quote from: Mimiklinton on February 20, 2023, 11:31:21 AM

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.

First of all you should have minimum 1000 dollars so you can start trading.but you shouldn't invest this all money in one coin you should start from 200 dollars invest in one coin and buy in a parts in every dip you should buy when in high price you can sell but I recommend you to research about best fundamentals alt coins not to invest in any one coin

BRINIRHA

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Quote from: oktana on November 21, 2023, 06:50:34 PM

Quote from: _act_ on February 20, 2023, 11:42:12 AM

I will advice you to invest in bitcoin. Do not be disappointed if you invest and you see any decrement, you should not sell but continue to invest. We all still know that it is definitely coming that bitcoin will reach a very high price again.

If you want to invest on altcoins, you need to be careful because many of them have increased this time, any little fall on bitcoin will be a great fall on altcoins. Do more reach if you want to invest on altcoins, but I will advice you to invest in bitcoin.

These days who listens to this? Following the price/value rocketing of Bitcoin, people have been creating more and more altcoins while others invest in it just in case it could be the next Bitcoin. I am not saying that altcoins are bad investments but then, if you check, these days people don't have the patience anymore, they want to make quick money so they invest in almost any altcoin they see (as long as it is not expensive and they can buy a large amount of it). Those (myself included) who invest in altcoins please be careful. Altcoins can be very very volatile and could be backed by anybody, unlike Bitcoin where we may not know the creator but then we know everything about the coin.

If our investment goal is to gain profits in the near future or not in the long term then of course investing in altcoins is the best. As long as we can be the first to find information about an event or something like that and we enter first, then the benefits will await us. But if we are people who get carried away by the hype and buy because of FOMO then losses will be ahead of us. Yes altcoins are riskier but also have more potential in the short term. So we have to do it quite wisely. That is, we only enter with money that we can afford to lose. And never go all in.

But if the goal is for long-term investment then accumulating Bitcoin is the best. DCA or whatever method, as long as we hold it for a long period of time, Bitcoin will provide profits. So in this case we have to determine first whether we want to invest long term or short term.

JeffBrad12

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Quote from: oktana on November 21, 2023, 06:50:34 PM

Quote from: _act_ on February 20, 2023, 11:42:12 AM

I will advice you to invest in bitcoin. Do not be disappointed if you invest and you see any decrement, you should not sell but continue to invest. We all still know that it is definitely coming that bitcoin will reach a very high price again.

If you want to invest on altcoins, you need to be careful because many of them have increased this time, any little fall on bitcoin will be a great fall on altcoins. Do more reach if you want to invest on altcoins, but I will advice you to invest in bitcoin.

These days who listens to this? Following the price/value rocketing of Bitcoin, people have been creating more and more altcoins while others invest in it just in case it could be the next Bitcoin. I am not saying that altcoins are bad investments but then, if you check, these days people don't have the patience anymore, they want to make quick money so they invest in almost any altcoin they see (as long as it is not expensive and they can buy a large amount of it). Those (myself included) who invest in altcoins please be careful. Altcoins can be very very volatile and could be backed by anybody, unlike Bitcoin where we may not know the creator but then we know everything about the coin.

the biggest hurdle here and the main reason why some people refraining from investing in bitcoin is simply put because lack of money, not everyone could be waiting few years just some miniscule gain, i mean its okay if you have the money to invest as much as 1 btc but imagine investing with $5 will you get meaningful profit with bitcoin which know to be long term investment? bitcoin is realy good to invest if you're rich enough, if you at least have big capital in your hand but not so much for the little guy, thats why these people seeking more volatile and fluctuative form of investment so that they could grow their capital, which i can be sure that they will eventually hold some bitcoin at the end of the day when their capital grow enough to be invested in bitcoin.
thats the reason why altcoin pump and dumps thrive even until now its because they are way for earning money for little capital people.

oktana

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Eloncoin.org - Mars, here we come!

Quote from: _act_ on February 20, 2023, 11:42:12 AM

I will advice you to invest in bitcoin. Do not be disappointed if you invest and you see any decrement, you should not sell but continue to invest. We all still know that it is definitely coming that bitcoin will reach a very high price again.

If you want to invest on altcoins, you need to be careful because many of them have increased this time, any little fall on bitcoin will be a great fall on altcoins. Do more reach if you want to invest on altcoins, but I will advice you to invest in bitcoin.

These days who listens to this? Following the price/value rocketing of Bitcoin, people have been creating more and more altcoins while others invest in it just in case it could be the next Bitcoin. I am not saying that altcoins are bad investments but then, if you check, these days people don't have the patience anymore, they want to make quick money so they invest in almost any altcoin they see (as long as it is not expensive and they can buy a large amount of it). Those (myself included) who invest in altcoins please be careful. Altcoins can be very very volatile and could be backed by anybody, unlike Bitcoin where we may not know the creator but then we know everything about the coin.

Belarge

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Quote from: shushu9977 on November 21, 2023, 01:13:36 PM

If you have a little knowledge about crypto market, then you invest only two coins such btc and eth. By the way, if you want to be made money from crypto, then you should have great and huge knowledge about this market
I also invest few coins like waves and shib etc.

Cryptocurrency can generate money for us and can also make us lose money. Little or full knowledge, just follow appropriate information concerning the system, everything will just work out smooth for us, I've been in the system and I solely knows how things projects shoots to the moon and dumps here. The best thing to do currently is investing in shitcoins and altcoins because they're the main projects that will make massive bull runs when the bull season finally comes. We have waited patiently for the high volatility of the system to calm, only then we can shoot our shots at our investment.

shushu9977

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If you have a little knowledge about crypto market, then you invest only two coins such btc and eth. By the way, if you want to be made money from crypto, then you should have great and huge knowledge about this market
I also invest few coins like waves and shib etc.

coinremitter

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Welcome to the exciting world of cryptocurrencies! It's great that you're looking to explore this space. Before diving in, it's crucial to conduct thorough research. The crypto market is dynamic, and what may be a good investment today might change tomorrow.

Consider well-established cryptocurrencies like Bitcoin and Ethereum for a start, as they have a proven track record. These are often considered safer investments. However, always diversify your portfolio to manage risk.

Additionally, explore projects with strong fundamentals and real-world use cases. Look into decentralized finance (DeFi) projects and non-fungible tokens (NFTs) as they represent innovative aspects of the crypto space.

Stay updated on market trends, follow reputable sources, and engage with the community. Remember, there's no one-size-fits-all answer, and it's essential to align your investments with your risk tolerance and financial goals. Happy investing!

Mame89

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Quote from: Mimiklinton on February 20, 2023, 11:31:21 AM

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.

If you still have little knowledge about crypto and don't want to do your own research, my advice is to still choose BTC investment as your main choice because it is clear that you will get profits in the future. Almost all crypto players make BTC their main choice rather than investing in altcoins.

But if you already have BTC and your knowledge about crypto has increased, there's no harm in trying to invest in altcoins because there are so many altcoins that have a bright future like BTC. Maybe you could try investing in ETH and BNB altcoins.

Dr.Osh

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Quote from: Sophokles on September 13, 2023, 04:51:58 PM

Bitcoin's halving is near. If you do not have enough bitcoin or Ethereum in your portfolio, then accumulate as much as you can from now on. You will have plenty of time to buy altcoins to your liking because when bitcoin and Ethereum start making rallies, altcoins will bleed. Investing in altcoins is risky right now because any negativity in the market can cause serious damage to the whole altcoin market.

I also think that a good choice for the OP is bitcoin. Anyway, people who want to invest in crypto, and lack knowledge just need to choose the best coin in crypto, namely bitcoin. Apart from that, try to invest as little as possible, and increase it slowly when you have new investment funds. While carrying out this strategy, you can try to increase your knowledge in the crypto world before investing in altcoins. However, to minimize risks and choose the highest potential for profit in the crypto world for someone who lacks knowledge about crypto, bitcoin is the right choice.

JeffBrad12

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Quote from: Sophokles on September 13, 2023, 04:51:58 PM

Bitcoin's halving is near. If you do not have enough bitcoin or Ethereum in your portfolio, then accumulate as much as you can from now on. You will have plenty of time to buy altcoins to your liking because when bitcoin and Ethereum start making rallies, altcoins will bleed. Investing in altcoins is risky right now because any negativity in the market can cause serious damage to the whole altcoin market.

quite opposite i think despite halving and etf news which supposedly increasing dominance of both these coins you mentioned it might instead also helps other altcoin to go up.
the thing with increasing dominance for btc and eth is that they usually get those additional market capitalization from these altcoins but right now you see the market altcoins are having good rally right now and I think ETF and halving will only make the market getting better and better attracting flow of investments that increase in dominance doesn't necessarily need to make altcoins dominance decrease.
the key is more and more flow of investments because of the good news floating around and then the market will thrive even better than in previous bullruns.
I personally have bagged majority bitcoin and ethereum because ETF but i also can't ignore the altcoin that increase massively.

DaNNy001

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Quote from: Bushdark on November 19, 2023, 05:42:06 AM

Quote from: Sophokles on September 13, 2023, 04:51:58 PM

Bitcoin's halving is near. If you do not have enough bitcoin or Ethereum in your portfolio, then accumulate as much as you can from now on. You will have plenty of time to buy altcoins to your liking because when bitcoin and Ethereum start making rallies, altcoins will bleed. Investing in altcoins is risky right now because any negativity in the market can cause serious damage to the whole altcoin market.

There are many good projects we can invest in and make reasonable profits from the market but some might still be thinking that the Crypto market is going to go down little before we see a massive bullish movement. Whatever what we think about the market, it is good when we start buying and holding because the time is getting ready for the bull market. Once Bitcoin price start going bullish, every other projects would follow the same part and the bull market will commence.

I won't doubt you about this particular thought as it's one that have been working for lots of short term trader during this period. Many people out there are getting scammed due to the high spirited expectations they are currently having about some altcoins if not all pumping with Bitcoin at similar pace due to the bull season rush but this fact is still there that many people still lose alot during this market rush because of the wrong choice of altcoins and believe it's very difficult to find that reliable altcoins that isn't worth fearing for if actually we get to buy some of them.

Kelward

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Quote from: _act_ on February 20, 2023, 11:42:12 AM

I will advice you to invest in bitcoin. Do not be disappointed if you invest and you see any decrement, you should not sell but continue to invest. We all still know that it is definitely coming that bitcoin will reach a very high price again.

If you want to invest on altcoins, you need to be careful because many of them have increased this time, any little fall on bitcoin will be a great fall on altcoins. Do more reach if you want to invest on altcoins, but I will advice you to invest in bitcoin.

Undoubtedly bitcoin is the best crypto currency to invest in, it stands at the very top alone, and there's a reason that it is like that. It is the first crypto to be created, and altcoins that followed after it, all modeled after it in one way or another. It has far more investors than other crypto coins, therefore it's relevance in the crypto market is far more assured than any altcoins.

If you want high profitability on the shortest term, bitcoin might not guarantee you this, except it's bull run season, but altcoins can be your best option. That is if OP is able to do his homework and choose a credible altcoins, that can be profitable and not fade away with his investment fund.

I'll personally advice him to choose a top altcoin like ethereum, which has a strong market structure like bitcoin. With an altcoin like that, you're sure that it will remain relevant in the crypto market, for a very very long time. Then do more research before buying into new developed altcoins, because of scam.

btc78

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Quote from: Boomber on November 18, 2023, 10:42:23 PM

Quote from: Mimiklinton on February 20, 2023, 11:31:21 AM

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.

if you are new to cryptocurrency investment, then you should learn to do research on the project that you want to invest and never trust 100% of recommendations that other people give or if you want to invest safely, then you need to invest only in Bitcoin, because Bitcoin is the king of cryptocurrency, so you don't need to worry or be afraid to invest in Bitcoin, because the price will definitely increase and can give you profit.

i agree,

any kind of investment has its own risks even entering the btc market can be potentially risky depending on the knowledge and skills one has but i would say it’s the safest bet of them all don’t misinterpret this investing in btc will not immediately give you profit but in the long run especially with the approaching bull run soon

when you have enough experience in the cryptocurrency scene and have encountered numerous altcoins then that’s when you can start to look for promising altcoins it’s not easy but if you manage to spot an altcoin early and invest on it as the price is still low before it inclines then huge congratulations

Bushdark

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Quote from: Sophokles on September 13, 2023, 04:51:58 PM

Bitcoin's halving is near. If you do not have enough bitcoin or Ethereum in your portfolio, then accumulate as much as you can from now on. You will have plenty of time to buy altcoins to your liking because when bitcoin and Ethereum start making rallies, altcoins will bleed. Investing in altcoins is risky right now because any negativity in the market can cause serious damage to the whole altcoin market.

There are many good projects we can invest in and make reasonable profits from the market but some might still be thinking that the Crypto market is going to go down little before we see a massive bullish movement. Whatever what we think about the market, it is good when we start buying and holding because the time is getting ready for the bull market. Once Bitcoin price start going bullish, every other projects would follow the same part and the bull market will commence.

Topic: Which is currently the best crypto to invest in? (Read 2082 times)