which token should I use for my investment ? - page 6.

bigjuk

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Quote from: feeling sound on July 29, 2022, 12:56:09 AM

Hello, Dear

Can anyone tell me which token should I use for my investment which will give me profit in a short time as I am investing for the first time?

Thank You,

Bitcoin, Ethereum and BNB in my opinion are good choices for early investment, the risks of new Altcoins that you don't know and understand are greater losses than profits, not to mention that many Altcoins are currently scams.

I only advise you to invest in good types of coins in the crypto market.

Desscount

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very easy, my advice is you can buy altcoins that are indeed strong based on their fundamentals and liquidity, such as Ethereum, Solana, and Matic, we can take an example, when yesterday Solana was reported as bad news, of course it would create panic, and what happened? SOL only experienced a decrease of no more than 10%, this is the importance of liquidity in the market, but if you buy a coin that does not have liquidity, then after bad news comes the coin will be completely dumped to the bottom.

$crypto$

legendary

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Quote from: kamvreto on August 06, 2022, 11:18:18 AM

Quote from: Lambe Ndumble on August 06, 2022, 05:30:20 AM

In my opinion, BSC -based tokens are the best because transaction costs or swaps are very cheap, besides that the transaction speed factor is also an important consideration that the BSC network is currently the main choice of developers compared to other networks.

are you sure about your opinion? BSC does have low transaction fees, but Polygon is also cheaper. There are a lot of tokens on the BSC network and more scam tokens. so it cannot be a benchmark that tokens on the BSC network are the best choice. Currently, there are many networks other than BSC that have been developed and at a lower cost.
You should take a look at some coin lists at https://coinmarketcap.com/ or https://www.coingecko.com/ to see the top coins rank and have better progress.

That's right, never look from the network side to see good tokens, I think the research is not quite right, never because of low costs so that it determines the network to be the token of choice when in fact there are a lot of scammy tokens in the network.
Look at the prospect of the project being developed and most importantly from the top of the list it is the best coin so it is good to be your investment choice for the long term, but still we have to see from the progress and development session of the project.

Victorik

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You need to first understand that cryptocurrency is not a Ponzi scheme or a get rich quick scheme where you invest 2$ today and expect to get 2000$ the next day. This explains why many far prey for some cheap scam.

If you are looking for a long term investment, you can buy eth, Sol, and BTC

Cling18

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Quote from: capedbaldy on August 06, 2022, 12:20:57 PM

Quote from: Xxmodded on August 06, 2022, 11:32:21 AM

Without have knowledge never try with trading or investing exactly on cryptocurrency, some people just saw about how many of trader success got rich but not saw about how their progress with trading on cryptocurrency. Although with cryptocurrency is the best place for investing our money but first need with knowledge about bitcoin and altcoin, we need how to build some coins created and developer coming from before investing our money there. Many developer not trusted and we can't invest with coins not potential and not listed on top exchange market.

We need to know basic knowledge about cryptocurrency investment because many beginners invest in hype coins because they are tempted to double profits but actually, they are trapped in high losses like the meme coin trend and Luna, be careful because many scammer developers manipulate the project concept to attract investors new. So your suggestion is very right, we should invest in top potential coins so that you can target for long profit.

I certainly agree. If we have complete knowledge about cryptocurrency, we'll know what coins to buy and how to deal with the risks of crypto investment. There are still lots of nonpotential coins being hyped so we should know where to invest wisely. Top coins will always be the best choice if you want assurance and security.

capedbaldy

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Quote from: Xxmodded on August 06, 2022, 11:32:21 AM

Without have knowledge never try with trading or investing exactly on cryptocurrency, some people just saw about how many of trader success got rich but not saw about how their progress with trading on cryptocurrency. Although with cryptocurrency is the best place for investing our money but first need with knowledge about bitcoin and altcoin, we need how to build some coins created and developer coming from before investing our money there. Many developer not trusted and we can't invest with coins not potential and not listed on top exchange market.

We need to know basic knowledge about cryptocurrency investment because many beginners invest in hype coins because they are tempted to double profits but actually they are trapped in high losses like the meme coin trend and Luna, be careful because many scammer developers manipulate the project concept to attract investors new.So your suggestion is very right, we should invest in top potential coins so that you can target for long profit.

Xxmodded

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Quote from: NewRanger on August 05, 2022, 07:06:37 PM

rading knowledge was important to us, financial market give us alot opportunity to be rich man in short time. Crypto market maybe be best place to invest our money and major caps such bnb eth or matic was good layer 2 chain which have huge ecosystem to create demand. Ethereum merge that will happen on sept will bring poaitive impact to other altcoin maybe eth ne trigger for altcoin season

Without have knowledge never try with trading or investing exactly on cryptocurrency, some people just saw about how many of trader success got rich but not saw about how their progress with trading on cryptocurrency. Although with cryptocurrency is the best place for investing our money but first need with knowledge about bitcoin and altcoin, we need how to build some coins created and developer coming from before investing our money there. Many developer not trusted and we can't invest with coins not potential and not listed on top exchange market.

kamvreto

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Quote from: Lambe Ndumble on August 06, 2022, 05:30:20 AM

In my opinion, BSC -based tokens are the best because transaction costs or swaps are very cheap, besides that the transaction speed factor is also an important consideration that the BSC network is currently the main choice of developers compared to other networks.

are you sure about your opinion? BSC does have low transaction fees, but Polygon is also cheaper. There are a lot of tokens on the BSC network and more scam tokens. so it cannot be a benchmark that tokens on the BSC network are the best choice. Currently, there are many networks other than BSC that have been developed and at a lower cost.
You should take a look at some coin lists at https://coinmarketcap.com/ or https://www.coingecko.com/ to see the top coins rank and have better progress.

Renampun

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Quote from: ?? on ??

Currently most altcoins are tokens, according to research more than 85% are tokens and ERC20 is the largest token because if totaled, the market capitalization can reach more than 50%, of course there are many choices for us to choose but I recommend investing in tokens that have a reputation strong like Trustwalet, Brave wallet, etc.

trust wallet token and BAT (brave wallet token) are good recommendations...

trust wallet is one of the crypto wallets that 90% of crypto users all over the world own, besides that brave also must have a lot of amazing users out there so that for the future the two tokens are really promising. I also want to add safepal as a recommendation, what I see safepal wallet has an incredibly large number of users too.

lixer

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Quote from: Silberman on August 04, 2022, 01:42:40 AM

Without some amount of skill and knowledge it is impossible to discern if the advice that we are being given is any good or not, and by the time we can tell if what we are being told is good advice or not then we do not need the advice anymore as now we are perfectly able to find opportunities in the markets on our own, it is paradoxical but that is the truth and almost all of those which ask similar questions simply do not have what it takes to trade the markets and they know it, which is why they think they can take a shortcut and make profits that way.

Maybe you shouldn't take any advice at all then, if you want time, then the best thing to do would be making sure that you are looking into the things, and if you personally are looking into it, then you would be able to have all the time in the world.

I know I have taken over 6 months to take a look at a project before I got in once, I usually do not take that long but I wanted to see how they really are and every movement they made, and that usually ends with me not being that much shocked with anything, but I was and that resulted with me realizing that they are actually legit, I thought they weren't and that’s the point here, and not really saying it was a bad idea, because I could have been early, but I still think it was decent enough.

Lambe Ndumble

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In my opinion, BSC -based tokens are the best because transaction costs or swaps are very cheap, besides that the transaction speed factor is also an important consideration that the BSC network is currently the main choice of developers compared to other networks.

Farma

legendary

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Quote from: trendcoin on August 06, 2022, 01:02:41 AM

Of course, you should prefer coins with a future such as Bitcoin and Ethereum. If you open the historical page of Coinmarketcap and try to take a look at the past dates, you can easily understand why I gave such a recommendation. I wish you good luck. Also, I recommend being wary of shit tokens.

bitcoin and ethereum are proper coins. if someone wants to invest in crypto, but they are confused with the current crypto, then the right choice is bitcoin or ethereum, or it can be both. however, these two coins have always been the benchmark for other coins to develop. I'm pretty sure, if there is a rapid development of crypto, then bitcoin and ethereum are the first coins to be pumped and highlighted. however, you can choose another investment by doing some deep research. however, the two coins will always be a recommendation.

Minecache

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Quote from: trendcoin on August 06, 2022, 01:02:41 AM

Quote from: feeling sound on July 29, 2022, 12:56:09 AM

...

Of course, you should prefer coins with a future such as Bitcoin and Ethereum. If you open the historical page of Coinmarketcap and try to take a look at the past dates, you can easily understand why I gave such a recommendation. I wish you good luck. Also, I recommend being wary of shit tokens.

He is looking for a token to profit in short time you mentioned bitcoin and ethereum. Bitcoin and ethereum are 2 coins that are only suitable for long-term holding and will not be able to generate profits in the short term.

What he is looking for are shitcoins and only they can make him money fast, he can invest in shitcoins as long as he can accept the risk they bring to him.

bonyaserg

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In order to understand where to invest and what coins to buy, you need to fully study the situation in the cryptocurrency market. And the most correct advice that I can give you is that you need to study everything and analyze the situation in the crypto industry yourself. Since no one will tell you what to buy and where to invest. For one reason, there are a lot of people who simply do not know where to invest and just invest at random. So now think and decide where you will invest.

trendcoin

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Quote from: feeling sound on July 29, 2022, 12:56:09 AM

...

Of course, you should prefer coins with a future such as Bitcoin and Ethereum. If you open the historical page of Coinmarketcap and try to take a look at the past dates, you can easily understand why I gave such a recommendation. I wish you good luck. Also, I recommend being wary of shit tokens.

len01

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Quote from: ?? on ??

Currently most altcoins are tokens, according to research more than 85% are tokens and ERC20 is the largest token because if totaled, the market capitalization can reach more than 50%, of course there are many choices for us to choose but I recommend investing in tokens that have a reputation strong like Trustwalet, Brave wallet, etc.

like the altcoins you mentioned, you may not be able to profit quickly when the market is bearish like this. because what the OP meant was to want to invest in some altcoins and get a quick profit.
and i think it's better to think of ethereum as the number 1 altcoin to invest in in order to get stable and better profits compared to altcoins when the market is bearish.
i'm not saying other altcoins are not good, but indeed the market is currently experiencing a sideway that is very difficult to predict.
maybe altcoins other than ethereum can provide faster and bigger profits than ethereum but the risk is also higher

asriloni

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Quote from: ?? on ??

Currently most altcoins are tokens, according to research more than 85% are tokens and ERC20 is the largest token because if totaled, the market capitalization can reach more than 50%, of course there are many choices for us to choose but I recommend investing in tokens that have a reputation strong like Trustwalet, Brave wallet, etc.

I don't even think so. The token like trust wallet already in its higher price. Im thinking about investing in another token other than wallet token was a good choice. It's caused by as OP said in his thread if he wants fast profit from what he has invested and so investing in the trust wallet token or another wallet token may not give a short term return for him. A few percents might be good but it seems like he was looking for more.

Ararbermas

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Quote from: feeling sound on July 29, 2022, 12:56:09 AM

Hello, Dear

Can anyone tell me which token should I use for my investment which will give me profit in a short time as I am investing for the first time?

Thank You,

it's your first time but you want to make quick profits? Well unfortunately that's not easy mate because it requires skills and knowledge before you can get easy profits in just a short period of time. Infact even some traders or investors that already have skills still not good in such method and they still losing in it because of being so unpredictable of the market. So how about you? better to educate your self first and practice your skills , if you really want short term then learn how it works and what skills you need for it to become successful. Dont be so hasty mate!

NewRanger

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Quote from: |MINER| on August 05, 2022, 11:22:02 AM

Quote from: feeling sound on July 29, 2022, 12:56:09 AM

~snip~

If you don't know anything about trading then get some knowledge about it . Know how to analysis and read the candle then if you wanna do short term trading here you can choose bitcoin and for altcoin you can choose Etherium, BNB, LTC, Matic these are secured coin for investment. I think it is possible to gain good profit by day trading by looking at the candles

trading knowledge was important to us, financial market give us alot opportunity to be rich man in short time. Crypto market maybe be best place to invest our money and major caps such bnb eth or matic was good layer 2 chain which have huge ecosystem to create demand. Ethereum merge that will happen on sept will bring poaitive impact to other altcoin maybe eth ne trigger for altcoin season

lalabotax

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Quote from: capedbaldy on August 04, 2022, 02:29:52 PM

Quote from: Xxmodded on August 04, 2022, 05:43:20 AM

I don't recommended with Future trading as best option because I have been quit there and right now off totally on future, just active with spot trading because I faced bad thing with future trading. I use lev 10x but can't keep away from liquid and make me greedy when entry on future trading. Almost all future trading showed when their got profit only and keep hidden with how many time losing and get notification liquidation email, I don't believe although with paid signal on future trading always get profit.

You have made the right decision to stop futures due to high risk of loss, I am also experienced in futures but I have no basis for reading charts properly and I will definitely not trust paid signals as they are useless for futures, so I am back for trading spot.

Exactly, moreover, if they are newbies, this is a holly risk for newbies to try future trading, moreover without good analysis and strategy. It needs more knowledge, trial, and error, and maybe it will be good enough if they have been learning in the trial mode. But, not all exchanges will provide this.

Btw, for OP, why should invest in a new token? I think that investing in old projects will be a little bit safer in the short or long term. You can choose the top crypto, including Bitcoin and also top altcoins. But, if you are going for the short term, this may need certain patience because the market is sometimes surprising and will probably drive you to panic.

Topic: which token should I use for my investment ? - page 6. (Read 2409 times)