This could be the narrative in the coming year or bull market
• Regulation
• Perp DEXs
• Gambling
• Layer 2
• Gaming
• AI (Artificial Intelligence)
We might need to be very careful here, not go all in too soon, consider new projects for better returns, follow the market hype and narrative, take profit regularly, and diversify your portfolio.
Topic: Which is currently the best crypto to invest in? - page 10. (Read 2051 times)
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.
Since you have minimal knowledge as you said, I don't really recommend putting your money in altcoin, though there were exceptions where you could also put your money in to those top 20 alts, but I would recommend to just put your money to Bitcoin. It's gonna be a good timing today to buy Bitcoin while the price are still low. In the next couple of years you'll have your money doubled or tripled for sure. So, accumulating at this early will give you more time to add fractions to your wallet.
Most likely the top 10 altcoins, I wouldn't extend the list to top 20 as there could be some chances, top 10 for me might fit the best description to the OP. And obviously, although he is more of asking for altcoins, I think majority will agree to stick to bitcoin itself as the chances are slim that it will fall like the rest of altcoins.
But altcoins like Ethereum, Binance and Cardano is a good bet for me.
Actually I have those, but majority of my portfolio consists of BTC.
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.
Since you have minimal knowledge as you said, I don't really recommend putting your money in altcoin, though there were exceptions where you could also put your money in to those top 20 alts, but I would recommend to just put your money to Bitcoin. It's gonna be a good timing today to buy Bitcoin while the price are still low. In the next couple of years you'll have your money doubled or tripled for sure. So, accumulating at this early will give you more time to add fractions to your wallet.
Quote from: Mimiklinton
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.
Bitcoin will be the best for you to invest, and have something good to achieve in future because whenever the price of Bitcoin is pumping in the market other cryptocurrencies price will be pumping too which is a sign that Bitcoin will remain the king among other cryptocurrencies. I think, the market price is still low for you to buy Bitcoin and hold and watch for the price to increase for your favour before you can sell to make a huge amount of money, and it will also help you as a newbie to know how favourable Bitcoin is to investors. If you can embrace this opportunity to invest in this season, I believe you will definitely be part of those that will celebrate when the price of Bitcoin hit back $50,000 soon.
There there will always be best and never be best cryptocurrency to invest in. The market is too volatile and there are no crypto like invest and forget until you get rich. Probably the best crypto is the one that you could have bought yesterday. Every crypto purchase is a risk. We have already seen how giants fall (LUNA for example), we have already faced how actions of certain people influence on the market (FTX case). I would say that it is impossible to tell which crypto is the best to invest, because today is always different from tomorrow. Given answer and advice today might be useless tomorrow.
At some point we need to make a concession, it is obvious every single person out there would like to invest in the coin that could give the best performance during the next months, but since we do not have a crystal ball we can use to obtain this information then we need to settle for what we can actually obtain, and investing in bitcoin and other good coins is a good option as if you invest now then in just a few years you could multiply your capital several times without too much of a problem. 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.
Understanding that bitcoin is the biggest and the best is the most important part of this. After that, I think finding the one that helps you the most should always be priority. I understand that it is not going to be as simple as having anything that doesn't hurt you as well, like ETH for example may not work for you but works for many people so you could have it, those type of investments are pretty good as well.But, if you could find something that will benefit you more than other coins, something you like to use, something that is basically attractive to you, could make it even more interesting. This way you could be following it a lot more closely.
There there will always be best and never be best cryptocurrency to invest in. The market is too volatile and there are no crypto like invest and forget until you get rich. Probably the best crypto is the one that you could have bought yesterday. Every crypto purchase is a risk. We have already seen how giants fall (LUNA for example), we have already faced how actions of certain people influence on the market (FTX case). I would say that it is impossible to tell which crypto is the best to invest, because today is always different from tomorrow. Given answer and advice today might be useless tomorrow.
Buying bitcoins from now on can be done but it would be better if he could analyze it first to determine the best time to buy bitcoins. It can make him panic if he can't control his emotions because he lacks experience and doesn't see many market changes. If he can analyze first, he will understand that buying at low prices will be much better than buying directly at current prices. But the choice will still come back to him because we can only suggest based on what we have experienced.
For the altcoins he wants to buy, he also has to research to find the coins because as we know, there are lots of altcoins on the market that cannot necessarily increase at the same time. We can only do research before buying any altcoin so that we don't regret it later.
in the end everyone has to do research, be it bitcoin or altcoin. Because without doing research, you will only enter markets that we don't know in the future. But for Bitcoin it might still be good enough when you just enter on instinct without doing any research. Buying at a lower price would of course be the best choice. other than that do good management such as capital management, risk management so that all investments can be done correctly and not out of the strategy that we have made. For the altcoins he wants to buy, he also has to research to find the coins because as we know, there are lots of altcoins on the market that cannot necessarily increase at the same time. We can only do research before buying any altcoin so that we don't regret it later.
I think MASK Network (MASK). Binance Bluebird Index and MASK have great potantiel.
https://www.sanalsavunma.com/mask-future-decentralized-social-media/
https://www.sanalsavunma.com/mask-future-decentralized-social-media/
should do your own research mainly finding out which coin have the potential is matter of current circumstance, if it's best cryptocurrency that you seeks many will say btc,eth and bnb, they're most certainly not wrong but sometimes you gonna have your own preference of the growth of the coin you wanna invest in, so there's time where you might be better off investing in coin like aptos and the likes that has quite the growth nowadays.
so if you could do your own research it'd be more beneficial to you than just following other recomendation as i'm sure some might have ulterior motives.therefore i think ability to make research gonna be essential.
so if you could do your own research it'd be more beneficial to you than just following other recomendation as i'm sure some might have ulterior motives.therefore i think ability to make research gonna be essential.
Absolutely, always do your own research and make an informed decision. Bitcoin will always be the OG and wont be going anywhere.
You'd be surprised by some random replies with cryptos that you have no idea about. It's understandable if it's bitcoin, Ethereum, bnb or any other top cryptos but when someone says that this 'xx' coin is the best and you get to check it and got zero volume.
Do not believe them and gather more information about what the people are saying and suggesting and you'll get the authentic answers and that's playing around mostly for bitcoin.
Do not believe them and gather more information about what the people are saying and suggesting and you'll get the authentic answers and that's playing around mostly for bitcoin.
Bitcoin is the best crypto for newbies,
Bitcoin is the best crypto, period. Show me a cryptocurrency that is better than bitcoin, I'm really curious what you can come up with.
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altcoins are not as safe as Bitcoin but altcoins have the potential to 30x or even 100x your money,
They also have the potential to zero your investment, which is something bitcoin will not do. Altcoin won't go 30x without bitcoin leading the way. If bitcoin falls they'll fall, but it doesn't mean they won't fall if bitcoin goes up.
I think that this one isn't better, but is the next best thing.... Kaspa. I think the project has a bright future ahead of it.
...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.
This way of investing on someone else's advice will not lead you to success. However, the most common answer would be that a beginner should invest in bitcoin, as it is the safest in the cryptocurrency market. If you had more knowledge, then you could choose something from altcoins and such an investment could bring more profit.
Yes, it's really much better to equip yourself with a knowledge so that you as an investor knows what to do throughout your cryptocurrency journey. It's just like starting a business, how can you manage your business carefully if you do not know what to do and how to make your business flourishing. There are some people are who are still successful in their crypto journey even if they just have a minimal knowledge, but I really don't recommend to do the same thing as it's too risky.
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You only need to buy bitcoin from now on without having to do any research, then hold it for the long term. it would be a good investment without the risk of having to lose due to a scam project or something like that. Bitcoin is an option for anyone. The bigger you invest in bitcoin, the more profit you will get. but remember that prices will fluctuate, you only need to set a target price to be achieved and leave it until it is reached. Don't panic or anything. The average user here also recommends bitcoin, but if you want to start with altcoins then you should do some detailed research so you know what the future holds for the project.
Buying bitcoins from now on can be done but it would be better if he could analyze it first to determine the best time to buy bitcoins. It can make him panic if he can't control his emotions because he lacks experience and doesn't see many market changes. If he can analyze first, he will understand that buying at low prices will be much better than buying directly at current prices. But the choice will still come back to him because we can only suggest based on what we have experienced.For the altcoins he wants to buy, he also has to research to find the coins because as we know, there are lots of altcoins on the market that cannot necessarily increase at the same time. We can only do research before buying any altcoin so that we don't regret it later.
all you have to do is do your research before investing in crypto because you will be bearing the loss for yourself and without blaming anyone else, following someone's advice to invest in a certain crypto can obviously lead to big losses so start doing research on this forum at altcoin ANN board
You can get an idea about the project from the ANN but not more. You have to visit the website and attempt to track the people behind it to get more idea. Often the team members will be fake and you be surprised to see how many newbies have fallen for that and did not bother to check.Always track the advisors on LinkedIn and text them about the project and see if they even respond or not.
A lot of research goes in to determine whether a project is investment worthy or a waste of money. In that sense, 99% are scams and you would be better off investing in Bitcoin.
You only need to buy bitcoin from now on without having to do any research, then hold it for the long term. it would be a good investment without the risk of having to lose due to a scam project or something like that. Bitcoin is an option for anyone. The bigger you invest in bitcoin, the more profit you will get. but remember that prices will fluctuate, you only need to set a target price to be achieved and leave it until it is reached. Don't panic or anything. The average user here also recommends bitcoin, but if you want to start with altcoins then you should do some detailed research so you know what the future holds for the project.
You said you are here for quite some time now? So therefore your knowledge is not minimal anymore. All you need is to be more consistent because you also said that you lacked it lately. Don't worry because all people are sometimes lacking of it. Not all times we are motivated but we still do our best to return on the game that we already started.
As for the crypto recommendations, there is no other debate needed about this but Bitcoin can easily win this competition. I don't know if what do you mean by indirect investment. Is it investing on behalf of others? I think that was too risky. Investing on our own is not hard to do mate, so always opt for direct investment.
As for the crypto recommendations, there is no other debate needed about this but Bitcoin can easily win this competition. I don't know if what do you mean by indirect investment. Is it investing on behalf of others? I think that was too risky. Investing on our own is not hard to do mate, so always opt for direct investment.
In my opinion, the best cryptocurrency that is advisable for long term hold and investment is Bitcoin. Other altcoin may offer some sort of good returns but if you are in for the long term and want a crypto that would stand the test of time, the best bet is to hold bitcoin. Most altcoin are built around individuals who created them and their team of developers, but bitcoin is built for the community.
Bitcoin, Bitcoin and stay with Bitcoin, because it's the safest for you as a beginner. If you can't do the research yourself, holding bitcoins is best. But if you've watched someone over the years make a good living with crypto, why don't you follow him and wake up now. You may be too afraid of risk to have more desire to get into crypto. Don't use minimal knowledge, you have to learn the basics of crypto and it needs to be done. Don't ask which crypto is good for investment, but ask yourself if you are ready with crypto and all the risks.
Being afraid of taking too many risks is a good thing as that saves you from getting more potential losses. People who tend to invest in altcoins or new coins should have this instinct of being a little afraid of the risks otherwise they will be exposed to exponential losses. Also, it is never recommended to follow someone else's decisions, especially in trading. Your trades should be based on your own research and even if based on instincts, they should be yours and not someone else's.if you will explore alts, it is always advisable to keep up with their news and updates, lurk around their soc med channels and you will get insights on where they are heading at. sometimes you will get the instinct of the team's plans with their replies. so if you believe they are about to abandon the project, much better sell off rather than hold worthless coins later on.
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