Which is currently the best crypto to invest in? - page 14.

pixie85

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Quote from: Crypt0Gore on February 20, 2023, 02:46:46 PM

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.

Quote

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.

aseev

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Asking which cryptocurrency is superior on BitcoinTalk is like asking a cat whether the best food is fish, bananas, or noodles.

Joking aside, if you don't know what to invest in, you may want to hold off and spend some time learning. Before investing in ANYTHING, you should understand how your investments will be making you money or why they would appreciate in value.

That's how people who invest blindly, hoping that somebody else will want to pay more for their tokens later get robbed of their money - this is the best token, it will be worth a million. Why?

Upgrade00

legendary

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Quote from: mk4 on February 20, 2023, 12:47:37 PM

If you really don't want to do the research yourself, then just still with good 'ol bitcoin.

If they do chose to blindly go into Bitcoin, they would still need to research how it works and how best to secure themselves. To avoid talking victim of scams or making some costly mistake that costs them their stash.

An investor who doesn't know how to research and learn things for themselves is soon parted with their money.

akuntester1

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Quote from: Mimiklinton on February 20, 2023, 12:31:21 PM

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, don't be easily tempted by hearing or seeing other people's success in the crypto world.
In fact, many people also experience losses in this crypto world, either because of their own mistakes or even being hacked.
Remember to set goals and do your own research before investing and don't just buy.
Investing by buying crypto is certainly not as easy as just buying it and then getting a profit.
You will be faced with various risks, so learn as much as possible before you decide to buy crypto.

If you ask, of course I think Bitcoin is still the first choice if you want to invest by buying crypto.
If you want to buy crypto maybe you should set up a wallet according to the device you have to store your assets.
This sticky thread might be able to help you decide which wallet suits you [General] Bitcoin Wallets - Which, what, why?
But please remember that investment advice from other people sometimes may not be suitable, macth or successful for you.
Because many factors influence the success of investing and it all depends on your own efforts.
No one is responsible for your investment other than yourself.

JamesBorn

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Quote from: Mimiklinton on February 20, 2023, 12:31:21 PM

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.

I suggest you take your time to learn first since your not in any competition with those who have make it through crypto currency. Everybody have their appropriate time of investing on there self, now that you realizes you need to do needful of investing or trading on cryptocurrency is a good step but don't do it because others are succeeding.

You said you need a good knowledge, the only ways to learn fast is through books, journals, Newsline, mentorship and imitating principles. When you have had a wide range of ideas of what crypto is all about, you can cravingly indulge on it yourself. Knowledge is good but application of it is better says Mike Murdock. So I urge you to do reading.

As for which crypto currency to invest in bitcoin is best but altcoins too are OK, is just that the moves of bitcoin directly or indirectly influence the price movement charts of altcoins but if you have a enough money you can split your investment but learn the secret first to avoid losses.

Crypt0Gore

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Bitcoin is the best crypto for newbies, but if you are ready for deep research and learning you can go for altcoins, mind you, altcoins are not as safe as Bitcoin but altcoins have the potential to 30x or even 100x your money, you can only pull this off successfully if you do good research on projects that are very useful as we speak. Many altcoins are scam but few stands out to be the best, like Polygon and Binance coin (BNB).

Rruchi man

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Quote from: Mimiklinton on February 20, 2023, 12:31:21 PM

I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment...

They were lucky, there is no assurance of having a good life because you invested in cryptocurrency, as a matter of fact your life can get worse with a wrong choice of investment in cryptocurrency. For that purpose, to reduce the chances that your investment is lost and give you a level of assurance when investing in cryptocurrency, invest in bitcoins.

Do not have the idea that it is just because you are on a forum about bitcoin is why it is being endorsed, that is not the complete reason, it is also very much because it has been researched and tested and it still remains trusted.

Create a plan and keep investing in bitcoins.

mk4

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If you really don't want to do the research yourself, then just still with good 'ol bitcoin.

But seriously — 95% of people are just better off sticking to bitcoin. Yes, you could potentially be earning more if you pick the right altcoins, but you're better off just getting a job or starting a business in my opinion.

_act_

legendary

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Lightning network is good with small amount of BTC

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.

Mimiklinton

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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.

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