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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: xvacator on October 04, 2020, 10:29:20 AM



Title: Trying to invest in Binance
Post by: xvacator on October 04, 2020, 10:29:20 AM
After such a long time, I am busy in my real life because of Covid-19. I am trying to read the news here and find something that can help me make money.

So, I am trying to deposit some money to binance and buy the coin as my investment. Here is the list:

TRX, LOOM, TROY, KAVA, EOS, ONT.

The biggest allocation of my money was in TRX.

In the first month, I use little money to invest in TRX, and I got the next month's reward. So I decide to invest more money to buy more TRX plus to buy the other coin as I mention above.

I am planning to invest more, but I need suggestions on what coin to invest. Should I still invest in TRX? Or I need to buy the other coins?

I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.

I already did that from 3 months ago, and now, I am trying to use $30/month to invest.

I have my bitcoin in other wallets, which I don't use to buy those coins. I keep my bitcoin just in case for the next bull run. I use the other money to trade, although I know that the profit is not too big for me, that's really meant for me.

Thank you.


Title: Re: Trying to invest in Binance
Post by: tabas on October 04, 2020, 10:54:30 AM
Don't diversify with too many altcoins. Why don't you want to invest in bitcoin? and are you holding your altcoins on Binance and leaving it there as is?
If that's what you do, for holding, withdraw it and hold it to a wallet where you hold the private keys.


Title: Re: Trying to invest in Binance
Post by: xvacator on October 04, 2020, 11:17:07 AM
Don't diversify with too many altcoins. Why don't you want to invest in bitcoin? and are you holding your altcoins on Binance and leaving it there as is?
If that's what you do, for holding, withdraw it and hold it to a wallet where you hold the private keys.
No, I am not. So far, I only have 5 altcoins in binance, and I am trying to staking the coins on binance because I think that can be profitable for me. I also invest in bitcoin, and I am still trying to invest in bitcoin in a separate wallet. But I want to diversify my investment by investing in an altcoin.


Title: Re: Trying to invest in Binance
Post by: PancongStreet on October 04, 2020, 11:17:42 AM
yes, it's better for you to store it in your own wallet than in a wallet exchanger because it has a fairly large risk
for a good coin it looks like you have to glance at Doge, usually doge is used for bag holders and can make you gain a very large profit


Title: Re: Trying to invest in Binance
Post by: khiholangkang on October 04, 2020, 11:18:57 AM
Does investing mean holding coins for the long term? Your choice of coins is good, but it seems that in the long run you have chosen the wrong place, don't store your coins in centralized exchanges, it's better to keep them in a private wallet because we never know what will happen in the future.


Title: Re: Trying to invest in Binance
Post by: Akiko on October 04, 2020, 11:19:45 AM
Not bad idea to diversify your investment with different altcoin and use only what you think is enough to invest which is $30 monthly.

Just make sure that your investment is bigger in bitcoin than in any other altcoin . As long you believe that you can earn profit someday in your chosen altcoin you can continue doing it .

You will recieve many suggestions here but you are the one who will decide what you think is good to you .


Title: Re: Trying to invest in Binance
Post by: tabas on October 04, 2020, 11:20:26 AM
Don't diversify with too many altcoins. Why don't you want to invest in bitcoin? and are you holding your altcoins on Binance and leaving it there as is?
If that's what you do, for holding, withdraw it and hold it to a wallet where you hold the private keys.
No, I am not. So far, I only have 5 altcoins in binance, and I am trying to staking the coins on binance because I think that can be profitable for me. I also invest in bitcoin, and I am still trying to invest in bitcoin in a separate wallet. But I want to diversify my investment by investing in an altcoin.
Great!
Good luck with those staking that you're doing. With all of those altcoins that you have mentioned, I think the best of them would be these two coins.
  • Tezos
  • Neo
They'll also allow you to earn passively.


Title: Re: Trying to invest in Binance
Post by: TGD on October 04, 2020, 11:31:21 AM
Don't diversify with too many altcoins.

Diversifying funds is the safest way if you want to minimize loss to your portfolio. The only problem is the altcoin that you will add to your portfolio. You should assess all altcoins price movement and create a strategy. Let's say if you want an aggressive trading, then choose volatile coins like DeFi coin to add in your trading basket. But if you are a passive trader then choose coin that price moves slowly even BTC fluctuates.

There's a saying that don't put all your eggs in one basket.

The reason why traders fail on diversifying funds in altcoins was they add random coin with different price behaviour that's why there portfolio is not moving because there asset price moving opposite to each other.


Title: Re: Trying to invest in Binance
Post by: Reid on October 04, 2020, 11:37:14 AM
Don't diversify with too many altcoins. Why don't you want to invest in bitcoin? and are you holding your altcoins on Binance and leaving it there as is?
If that's what you do, for holding, withdraw it and hold it to a wallet where you hold the private keys.
No, I am not. So far, I only have 5 altcoins in binance, and I am trying to staking the coins on binance because I think that can be profitable for me. I also invest in bitcoin, and I am still trying to invest in bitcoin in a separate wallet. But I want to diversify my investment by investing in an altcoin.
You don't think that is enough yet.
As of me, I get careless or let's say it's just too much work to keep on checking every altcoin that I will buy.

Monitoring will be your problem when doing this.
If you will be on full time checking them it might eat a lot of your time instead of focusing on just a minimal number of coins.
There will be times it may be jumbled to your head.  ;D


Title: Re: Trying to invest in Binance
Post by: goaldigger on October 04, 2020, 11:39:54 AM
Monthly investing on good coins/tokens is a great decision, just know when you will sell your holdings and don't diversify that much so you can maximize your potential earning. Binance is the best exchange, and they are listing good DeFi projects as well where you can trade for short or long. Start investing now again, we can all rise after this pandemic and cryptomarket is the best way for us to bounce back financially, there's so much opportunity here.


Title: Re: Trying to invest in Binance
Post by: BITCOIN4X on October 04, 2020, 11:44:43 AM
Altcoin are more prone to losing their value in the long term as an investment asset. If you keep your bitcoin in your wallet just in case there is a rise, why should you buy more altcoin to invest in?
Bitcoin in the long run is a great investment asset with good return in my opinion. This is not the case with altcoin due to a lack of interest in particular for new altcoins. TRX might be a good choice for you besides you also trust bitcoin.


Title: Re: Trying to invest in Binance
Post by: xvacator on October 04, 2020, 11:50:05 AM
Great!
Good luck with those staking that you're doing. With all of those altcoins that you have mentioned, I think the best of them would be these two coins.
  • Tezos
  • Neo
They'll also allow you to earn passively.
Yes.
I am thinking about earn passively, and I can wait for a long term ;D
I will decide later which one that I will buy because both coins is good. But I think I will choose Tezos because the percentage is bigger than Neo, and to earn rewards from Tezos will only need 1 Tezos. Thank you for your suggestion.

You don't think that is enough yet.
As of me, I get careless or let's say it's just too much work to keep on checking every altcoin that I will buy.

Monitoring will be your problem when doing this.
If you will be on full time checking them it might eat a lot of your time instead of focusing on just a minimal number of coins.
There will be times it may be jumbled to your head.  ;D
No. I will not keep on checking every altcoin that I will buy. All the things that I need to check are on https://www.binance.com/en/staking/products because I am trying to staking from that list.
Besides that, I also try to use the locked investment in Binance at this page https://www.binance.com/en/pos. I don't know if that will works for me or not.

Altcoin are more prone to losing their value in the long term as an investment asset. If you keep your bitcoin in your wallet just in case there is a rise, why should you buy more altcoin to invest in?
Bitcoin in the long run is a great investment asset with good return in my opinion. This is not the case with altcoin due to a lack of interest in particular for new altcoins. TRX might be a good choice for you besides you also trust bitcoin.
That is because I want to diversify on the altcoin investment too besides of bitcoin. I also buy bitcoin every month with the other free money that I have, so I have investment in bitcoin and altcoin.


Title: Re: Trying to invest in Binance
Post by: X-ray on October 04, 2020, 01:24:37 PM
Dude, remember if you should never try to put all of your money in the one basket and just spread them all into the legit coins with the good portions.

You should bet into the new coins that have a lot of potential. I guess the coins like adex or something else didn't seems a good coin to be bought by you. Just try to take a look at some new coins that have the more chance to go to the moon.

You can see AVAX or something else. Remember to enter the market when the price was getting plunged a lot.


Title: Re: Trying to invest in Binance
Post by: genievic23 on October 04, 2020, 01:39:36 PM
After such a long time, I am busy in my real life because of Covid-19. I am trying to read the news here and find something that can help me make money.

So, I am trying to deposit some money to binance and buy the coin as my investment. Here is the list:

TRX, LOOM, TROY, KAVA, EOS, ONT.

The biggest allocation of my money was in TRX.

In the first month, I use little money to invest in TRX, and I got the next month's reward. So I decide to invest more money to buy more TRX plus to buy the other coin as I mention above.

I am planning to invest more, but I need suggestions on what coin to invest. Should I still invest in TRX? Or I need to buy the other coins?

I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.

I already did that from 3 months ago, and now, I am trying to use $30/month to invest.

I have my bitcoin in other wallets, which I don't use to buy those coins. I keep my bitcoin just in case for the next bull run. I use the other money to trade, although I know that the profit is not too big for me, that's really meant for me.

Thank you.

TRX was my first love token back then, and I still believe in the progress the project is making. I participated on TRX ICO, and received great return. So I'm actually  grateful for my past decisions on buying TRX, as of now, if you're looking for project to invest w/ try looking for KittieFIGHT, it's the same devs as CryptoKitties who congested the Ethereum network back then,  and I believed that NFT's will be the next project who'll make some noise in the coming months.


Title: Re: Trying to invest in Binance
Post by: Ridwan Fauzi on October 04, 2020, 02:34:29 PM
Why are you asking a question which you have done what you asked?

First of all, you need to ask yourself why you choose the coin for your investment place, don't only see the has increased in one day and you are interested to it. You have choosen it and you have got a reward, don't you trust your analyst? If I were you, I'll never ask something that I feel it is good to me, the people's suggestion will only gives a bad thing to me. This is why, you have to know the potential of the project itself, your knowledge will lead you, yeah the investment is depend on you.


Title: Re: Trying to invest in Binance
Post by: crwth on October 04, 2020, 02:44:53 PM
It depends if you still want to collect more TRX in your portfolio. The best advice for investors is to diversify their assets towards different instruments. If you have a lot more money and are willing to risk more, I think diversifying would be the best. If you believe that You only want one type of asset and investing monthly to TRX wouldn’t be so bad.

I thought you were investing directly in Binance because of the title but you were talking about your exchange. Lol.


Title: Re: Trying to invest in Binance
Post by: masterrex on October 04, 2020, 03:56:23 PM
Mate, that was my strategy before in the year 2018-2019. And during that time I was holding several altcoins in my portfolio, But I'm not happy with the results. Just let me clear my position! I'm not saying that the diversified crypto Investment is bad? what I'm saying is you should minimize the number of your holdings so that you can easily monitor the price including its market movements, And if the time will come you can sell it immediately with a good profit.    


Title: Re: Trying to invest in Binance
Post by: matchi2011 on October 04, 2020, 04:12:17 PM
Mate, that was my strategy before in the year 2018-2019. And during that time I was holding several altcoins in my portfolio, But I'm not happy with the results. Just let me clear my position! I'm not saying that the diversified crypto Investment is bad? what I'm saying is you should minimize the number of your holdings so that you can easily monitor the price including its market movements, And if the time will come you can sell it immediately with a good profit.    

That's true. You need to actively monitor your assets so you can react in every market movements, diversifying is also another strategy that's needed to have more in depth analysis, it's hard to select coins to invest and hold if you don't have time to monitor the market, always make sure that you have all the information so it will be more easier to you to decide whatever directions your assets went thru.


Title: Re: Trying to invest in Binance
Post by: CucakRowo on October 04, 2020, 05:53:48 PM
To OP. Imo, investment diversification is very good. Especially if you are a long term hodler. But please remember, when you diversify your portfolio more than 8, you will usually experience difficulties, especially during a downtrend. Because you have to calculate the impact of the losses you will experience.

Based on your characteristics, it is better to divide your portfolio (excluding amount of BTC that you already have) as follows:
40% in Stable coins
60% in altcoins.

About your question. Imo, TRX still has bright progress (although not too wow). With its community base they have, fast transfer and cheap fees, I think TRX still has a chance to reach a new ATH. For other coins, I think every coins related to finance (especially coins with lending platforms) still have a wide opportunity to reach new ATHs. Just a suggestion, apart from the coins that you mentioned, try to check NEXO (https://www.coingecko.com/en/coins/nexo). I think NEXO can be included in your list.



Title: Re: Trying to invest in Binance
Post by: bigcash2011 on October 04, 2020, 06:57:04 PM
I think all the coins you have short listed or looking to invest are good and personally i have good opinion about them too but considering your small budget I would suggest you to pick only cheaper coins from the list as it will give you more satisfaction and more gains when bull run is here so my suggestion would be Tron, Vet and Harmony.


Title: Re: Trying to invest in Binance
Post by: CucakRowo on October 04, 2020, 07:13:12 PM
-snip-
Would you shared what considerations that you used when you decide to invest in a project? Is it based on a trend? hype? vision and mission of the project as mentioned in whitepaper? or something else ?. Really appreciate if you willing to share the methods/tips that you use when deciding to invest in a project.



Title: Re: Trying to invest in Binance
Post by: khimer_rangers on October 04, 2020, 07:22:44 PM
I think the coin you choose for investment is good, but I think BNB also needs to be considered or included in your investment list for the long term and you don't need to wait long term when the price goes up, sell it and wait for the price to fall to buy back.


Title: Re: Trying to invest in Binance
Post by: sempak on October 04, 2020, 08:30:53 PM
Why don't you consider buying Bitcoin as well? also have you do a background search on each of the coin? and what could be your reason on buying it. Also do you have any plans about it, like long term holding if so what could be your goal? holding it for few months or you have target amount that's also you need to consider before investing to any coins.


Title: Re: Trying to invest in Binance
Post by: amos77978 on October 04, 2020, 08:44:40 PM
binance isnt a decentralized platform not even their DeX is decentralized so funds can easily be manipulated.. I'd rather take my chances with uni than buying BNB


Title: Re: Trying to invest in Binance
Post by: republicrypto on October 04, 2020, 09:17:03 PM
After such a long time, I am busy in my real life because of Covid-19. I am trying to read the news here and find something that can help me make money.

So, I am trying to deposit some money to binance and buy the coin as my investment. Here is the list:

TRX, LOOM, TROY, KAVA, EOS, ONT.

The biggest allocation of my money was in TRX.

In the first month, I use little money to invest in TRX, and I got the next month's reward. So I decide to invest more money to buy more TRX plus to buy the other coin as I mention above.

I am planning to invest more, but I need suggestions on what coin to invest. Should I still invest in TRX? Or I need to buy the other coins?

I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.

I already did that from 3 months ago, and now, I am trying to use $30/month to invest.

I have my bitcoin in other wallets, which I don't use to buy those coins. I keep my bitcoin just in case for the next bull run. I use the other money to trade, although I know that the profit is not too big for me, that's really meant for me.

Thank you.

great choice, maybe you should think about Fantom too my friend
this altcoin is good enough and in my analysis this alt will be good for long term hodl
regards


Title: Re: Trying to invest in Binance
Post by: suzanne5223 on October 04, 2020, 09:38:44 PM
After such a long time, I am busy in my real life because of Covid-19. I am trying to read the news here and find something that can help me make money.

So, I am trying to deposit some money to binance and buy the coin as my investment. Here is the list:

TRX, LOOM, TROY, KAVA, EOS, ONT.

The biggest allocation of my money was in TRX.

In the first month, I use little money to invest in TRX, and I got the next month's reward. So I decide to invest more money to buy more TRX plus to buy the other coin as I mention above.
You are lucky that you invested in TRX when it experiencing some surge in price cause TRX is among the most manipulated coin in the market. However, there various way you can make money through Binance aside trading activities and it explain in the below image.
I am planning to invest more, but I need suggestions on what coin to invest. Should I still invest in TRX? Or I need to buy the other coins?
TRX shouldnt be consider as a good investment, youre lucky in the first time and may not be next time. I will advise you to invest in BTC, ETH, BNB and good Defi like YFI and LINK.

I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.

I already did that from 3 months ago, and now, I am trying to use $30/month to invest.
Invest in more than 5 coins at a time required portfolio management and if you dont have adequate knowledge in crypto investment i will advise you go for decentralized coins


Title: Re: Trying to invest in Binance
Post by: tvplus006 on October 04, 2020, 10:05:06 PM
Don't diversify with too many altcoins. Why don't you want to invest in bitcoin? and are you holding your altcoins on Binance and leaving it there as is?
If that's what you do, for holding, withdraw it and hold it to a wallet where you hold the private keys.
No, I am not. So far, I only have 5 altcoins in binance, and I am trying to staking the coins on binance because I think that can be profitable for me. I also invest in bitcoin, and I am still trying to invest in bitcoin in a separate wallet. But I want to diversify my investment by investing in an altcoin.

A common practice for those who trade on Binance is the BNB hodl. This exchange coin provides its users with many different preferences, such as reduced commissions, participation in IEO, and various forms of deposits and stakings. As for other altcoins, I would prefer Ethereum instead of the ones you chose to invest in.


Title: Re: Trying to invest in Binance
Post by: Fakhrulenclix on October 04, 2020, 10:19:50 PM
Don't diversify with too many altcoins. Why don't you want to invest in bitcoin? and are you holding your altcoins on Binance and leaving it there as is?
If that's what you do, for holding, withdraw it and hold it to a wallet where you hold the private keys.
Why not with many altcoins?? altcoins is the solution for high profits, I know because I also invest in many altcoins. For people like him and me or any people who only have small funds, bitcoin is not worth it. And I agree he should withdraw the assets to the wallet which he holds the private keys, keep it in exchanges even in binance is not safe. Remember Kucoin already hacked


Title: Re: Trying to invest in Binance
Post by: ruli stylon on October 04, 2020, 10:58:16 PM
You have bought TRX tokens for the long term. I like TRX, because TRX withdrawal fees, in my opinion, are very cheap compared to ETH.

Investing as many coins as you hold is risky, but having a stake in binance with stakes can offset your losses as the price drops.


Title: Re: Trying to invest in Binance
Post by: BuNga_cute on October 04, 2020, 11:13:09 PM
I think you really believe in the potential of TRX, it is not wrong to invest in TRX, because TRX is a profitable coin.
But it is less accurate if TRX gets a larger percentage compared to Bitcoin. My advice is try changing your investment policy,
with an investment of $ 15 per month in Bitcoin and the remaining $ 15 you just buy another coin. And don't buy too much TRX,
because there are many other coins that are better.


Title: Re: Trying to invest in Binance
Post by: Lanatsa on October 04, 2020, 11:19:07 PM
When it comes to investment then its someone choice if they do decide to stick with lots of altcoins or just stick with several or major ones.

So far I have seen that you are making out some serious profits on the way you do diversify things out and it turns out very well.I cant judge that you should stick into fewer alts
specially on top ranking ones rather than considering those low rank ones.Ive seen TRX and EOS which is worth neither for long term and short term ones and the rest
im aint that familiar.

Always make your decision to be precise in the times of selling or re-entry.As long you are profitable then you are doing just fine.


Title: Re: Trying to invest in Binance
Post by: senyorito123 on October 04, 2020, 11:29:33 PM
After such a long time, I am busy in my real life because of Covid-19. I am trying to read the news here and find something that can help me make money.

So, I am trying to deposit some money to binance and buy the coin as my investment. Here is the list:

TRX, LOOM, TROY, KAVA, EOS, ONT.

The biggest allocation of my money was in TRX.

In the first month, I use little money to invest in TRX, and I got the next month's reward. So I decide to invest more money to buy more TRX plus to buy the other coin as I mention above.

I am planning to invest more, but I need suggestions on what coin to invest. Should I still invest in TRX? Or I need to buy the other coins?

I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.

I already did that from 3 months ago, and now, I am trying to use $30/month to invest.

I have my bitcoin in other wallets, which I don't use to buy those coins. I keep my bitcoin just in case for the next bull run. I use the other money to trade, although I know that the profit is not too big for me, that's really meant for me.

Thank you.

I support you with your choice, make sure that you're doing daily trading with it in order to earn good and stable profit. Have a dedicated time in monitoring the daily market fluctuations on each coin you are holding or using in trading. Buying when at lower value and setting your good price is the best strategy, so don't miss every single chances that you might achieve when those spikes will hit a good target.


Title: Re: Trying to invest in Binance
Post by: Danslip on October 04, 2020, 11:32:36 PM
I know a few Millenials who work in McDonald's have invested in Link monthly $100 but they don't have an idea why they have chosen the Link for long-term investment. Maybe you can explain why you have chosen the mentioned altcoins? Monthly $30 is not bad but you should increase the stake before the bull market if the person lives with only from paycheck to paycheck. Sadly not everyone has the same investment capacity, these guys should feel lucky as a young people. Binance should be the last point in this case and buying from DEX-swap will be more appropriate because Binance listed altcoins are heavily speculative or overpriced.


Title: Re: Trying to invest in Binance
Post by: romero121 on October 04, 2020, 11:57:40 PM
All the altcoins thats been mentioned by OP have got good trading volume. This itself a positive thing, further every altcoin has grown good when listed to the Binance exchange. Ont, Loom and all unknown to the cryptocurrency users, and once it got listed on Binance it was one among the familiar used on trading.

There were more suggestions not to diversify much, which is a valid one. If you're into continued trading than holding it long term then you should reconsider diversifying further. Also most were low price altcoins which too is a better way of investing, where the profit isn't short term focused.


Title: Re: Trying to invest in Binance
Post by: Rengga Jati on October 04, 2020, 11:59:20 PM
It is a good way for you to invest that amount monthly and it can be saved. But, why don't you choose BTC or ETH?
I know that you may have your own choice, but investing in the trusted and top coins may be better. Just do more research before investing because it is very important to be done.
TRX is good, it can be one of the options. I will prefer BTC and ETH only, and for some other altcoins, I will prefer OGN, DIA, and also CTSI maybe.
But, it is good to diversify your funds into several coins. And it needs to monitor its progress and movement on the market. 


Title: Re: Trying to invest in Binance
Post by: maxreish on October 05, 2020, 12:53:45 AM
Will you not want to try ethereum and bitcoin as well?
Well, it's your choice which coin will you invest in Binance. As long as you have make sure that you did DYOR and accepted any risks investing with those. Also, trx is a good coin too. You can also try new defi coins right now. Check out CMC for the top defi coins, they have a great potential returns, too.

Just don't forget that invest only money that you can afford to lose. As long as you have a target profit where you'll gonna sell your coins, then you will gain and become succesful.


Title: Re: Trying to invest in Binance
Post by: amishmanish on October 05, 2020, 04:14:52 AM
So many people talking about Tron. I read about Justin Sun in this article from the Verge (https://www.theverge.com/21459906/bittorrent-tron-acquisition-justin-sun-us-china)  a few days ago. Former employees attest to the horrible ethical standards of their founder. While the website of Tron shows Justin as your average starry-eyed, well mannered geek receiving felicitations from Jack Ma and bidding millions for a dinner with Warren, the article in The Verge has terrifying details about the actual incidents. The huge community network effect though plays in favor of TRX. Justin Sun surely is a marketing genius.




Title: Re: Trying to invest in Binance
Post by: Anarchy101 on October 05, 2020, 06:56:59 AM
All the coins that you mentioned are pretty good but, my only doubt is for EOS because lately, I feel like EOS is not performing much. It is kinda stuck at $2.4-$2.6 range. I too hold some EOS but thinking about selling them out.


Title: Re: Trying to invest in Binance
Post by: btc-facebook on October 05, 2020, 07:48:54 AM
Tron is a good choice, but it would be great if you added other coins to your portfolio like Tezos or Elrond, and if you understand masternodes you can try Netbox, Netbox is not very well known, but it has a lot of products, it's just that Netbox is not yet available on the Binance exchange,
The most important thing is that you don't need to hesitate when investing in coins that have a high CMC rating, especially those that are already listed on Binance, because coins that are already listed on Binance are not a scam project.


Title: Re: Trying to invest in Binance
Post by: Salauddin1994 on October 05, 2020, 08:04:49 AM
Binance is a very good site for investing in crypto the demand for the currency you are investing in is very high there is no problem in adding other coins and it is possible to get more return on long term investment more convenient for newcomers. Investing in binance reduces the risk of loss and double the profit if the price goes up.


Title: Re: Trying to invest in Binance
Post by: piebeyb on October 05, 2020, 08:22:06 AM
TRX and EOS are good enough than you take some other altcoins that don't really have a big community, unlike TRX and EOS are quite well-known and popular, I also use your way to invest little by little for my savings wallet, it's just that it is in your list I chose EOS and TRX, another one is IDENA, you can find the information in my signature, go find out more because this project is unique and different from others


Title: Re: Trying to invest in Binance
Post by: giammangiato on October 05, 2020, 08:48:23 AM
I am not able to invest in binance in these days because they hava problems with my deposits by debit card. I have a problem with my surname. They are trying to solve the problem but at the moment I am out of investments.


Title: Re: Trying to invest in Binance
Post by: Crypto_lion on October 05, 2020, 11:51:45 AM
Binance is a very good site for investing in crypto the demand for the currency you are investing in is very high there is no problem in adding other coins and it is possible to get more return on long term investment more convenient for newcomers. Investing in binance reduces the risk of loss and double the profit if the price goes up.

Vital of not storing the coin on any exchanges unless it is being held for short term perspective. Also coins like ETH, BNB are the ones which is always a good choice when it comes to investing in altcoins and few more which may differ from risk taking ability of each one. Diversifying at times is key so investing in this coin will always beneficial in the long run.

I think the kucoin hack as well as the other previous exchange proves that there is no guarantee that your tokens are safe as long as they are in the exchanges. The best investment when you are investing in crypto is to buy a hardware wallet to safely store your tokens.


Title: Re: Trying to invest in Binance
Post by: Kelvinid on October 05, 2020, 12:12:24 PM
I am not able to invest in binance in these days because they hava problems with my deposits by debit card. I have a problem with my surname. They are trying to solve the problem but at the moment I am out of investments.
Have you raised this problem with their support team? I know that they are responsive enough to any queries and problems raise by their clients and investors. Binance is so concerned with their reputation, with this market competition it surely they will settle it down pretty quickly and find a way to help you out from that problem but I'm not sure if you been asking help from them.


Title: Re: Trying to invest in Binance
Post by: proTECH77 on October 05, 2020, 12:17:48 PM
It's better you invest your coins in a popular project that will give you a good profit any time than new project which is not too popular in the market. Sometimes, it is good to invest your coins with bitcoin which is always stable in the market than Binance which it take a long time to get a good reward.
If you want to hold your coin for future profit, i think Binance is good for that because is not to stable like bitcoin in the place of exchange. Bitcoin is more popular to investors compare to Binance which some investors are afraid of the new project in the market.


Title: Re: Trying to invest in Binance
Post by: budi691 on October 05, 2020, 02:49:36 PM
spreading lots of nets to get lots of fish is a good idea, but when buying lots of altcoins on a risky exchange it is better to focus on one coin, bitcoin is better but if bitcoin price is high for investing ethereum can be an alternative and TRX is also good for investment.


Title: Re: Trying to invest in Binance
Post by: Coroline on October 05, 2020, 04:21:16 PM
I am not able to invest in binance in these days because they hava problems with my deposits by debit card. I have a problem with my surname. They are trying to solve the problem but at the moment I am out of investments.
It is highly recommended that we use the same real name and real address as the card, so that the verification process for incoming funds is processed faster.
There are so many cases of Credit Card data theft which of course this is detrimental to one party. The steps Binance take are right to avoid this, if you are the true owner of the card, your problem should be resolved sometime in the future.


Title: Re: Trying to invest in Binance
Post by: Tamim121 on October 05, 2020, 04:48:40 PM
Binance is an exchanger.  I can't find any reason to deposit altcoin in exchanger.  Because you know Kucoin was hacked some days ago.  You should keep Altcoin or Bitcoin in your own wallet. I think it will be good for you.


Title: Re: Trying to invest in Binance
Post by: Princejebs on October 05, 2020, 05:31:09 PM
<After such a long time, I am busy in my real life because of Covid-19. I am trying to read the news here and find something that can help me make money.

So, I am trying to deposit some money to binance and buy the coin as my investment. Here is the list:

TRX, LOOM, TROY, KAVA, EOS, ONT.

The biggest allocation of my money was in TRX.>
I can see that you are an enthusiast in crypto, you are really passionate about the whole field. Binance is a good centralized exchange to begin with, good features, friendly user interface, responsive customer support and many giveaway activities for their customers, however, I want to share you my own personal experience, not a financial advice though.
Around January, the Iran and USA mini online threat about war made Gold and Bitcoin in excitement including some Alts. I bought $1k bnb around $17/bnb, I watch my portfolio 0.5X ROI and I refused to take profit, I was hoping for more profit thinking the market will make a new all time high but the pandemic fear turn the market wave in opposite direction leaving me with big loss.
What am I saying, take your profit while you can, the market especially Altcoins can never be in excitement forever. I like the way you want to diversify your portfolio but 2 - 4 is okay, the rest aren't necessary.

Don't forget risk management buddy. Good luck


Title: Re: Trying to invest in Binance
Post by: bitcon on October 05, 2020, 07:35:44 PM
I think the coin you choose for investment is good, but I think BNB also needs to be considered or included in your investment list for the long term and you don't need to wait long term when the price goes up, sell it and wait for the price to fall to buy back.

Binance hodlers are doing the right thing. BNB is an alternative investment tool that is definitely worth including in a cryptocurrency portfolio. Sell deals here might be suitable for short-term strategies, because as all people that deal with virtual currencies know that the technical correction is inevitable.


Title: Re: Trying to invest in Binance
Post by: irixo10 on October 05, 2020, 07:58:05 PM
It is good you want to diversify and hold many altcoins but the question is, are you ready to follow up the project's development? To the best of my knowledge, swapping seems to have changed the idea behind holding of most altcoins. That is, some altcoins might be based on Ethereum blockchain and then decides to move to another blockchain for one reason or the other or to their own blockchain, and once swapping is done, anyone who wasn't able to swap will be stuck to the old token meaning his investment is gone. So you can see, this is really a tough one. But if you are capable of following all the altcoins you ever want to invest in then go head.
On the other hand, why not limiting the number of altcoins you invest in, just find those that are inline with what you want and invest in them, others can be for short term gains. TRX is one of such coins which gives profits once in a while because of its CEO, Tezos is another which I believe is good, as for the rest I have no information about them.


Title: Re: Trying to invest in Binance
Post by: tvplus006 on October 05, 2020, 08:35:54 PM
Binance is an exchanger.  I can't find any reason to deposit altcoin in exchanger.  Because you know Kucoin was hacked some days ago.  You should keep Altcoin or Bitcoin in your own wallet. I think it will be good for you.

Of course, cryptocurrency that is not used for trading should be stored on your cold wallet.But we remember that Binance was also hacked earlier, but they fully compensated for all the losses of participants. And after that, they got more confidence from traders. So today Binance is a great exchange.


Title: Re: Trying to invest in Binance
Post by: Johnyz on October 05, 2020, 09:20:50 PM
Binance is an exchanger.  I can't find any reason to deposit altcoin in exchanger.  Because you know Kucoin was hacked some days ago.  You should keep Altcoin or Bitcoin in your own wallet. I think it will be good for you.

Of course, cryptocurrency that is not used for trading should be stored on your cold wallet.But we remember that Binance was also hacked earlier, but they fully compensated for all the losses of participants. And after that, they got more confidence from traders. So today Binance is a great exchange.
There is no doubt about the legality of Binance and yes they care about their reputation so we can trade with confidence under Binance, but if you don’t want to trade then store it on your own wallet simple as that.

Anyway, aside from TRX I think the tokens listed about still need to improve and if you are going to search more about the good tokens on Binance you can have many options. Know their activity, the 24/7 volume and see if you can earn profit with those tokens don’t settle for that tokens above.


Title: Re: Trying to invest in Binance
Post by: tabas on October 05, 2020, 10:27:11 PM
Don't diversify with too many altcoins.

Diversifying funds is the safest way if you want to minimize loss to your portfolio. The only problem is the altcoin that you will add to your portfolio.
It is a good strategy but my concern is that if you that too much and you are too conscious about it, the more you're likely to lose instead of balancing your portfolio. I was once this type of person but managed to learn from my experience and minimized my diversifying power to my portfolios.

Great!
Good luck with those staking that you're doing. With all of those altcoins that you have mentioned, I think the best of them would be these two coins.
  • Tezos
  • Neo
They'll also allow you to earn passively.
Yes.
I am thinking about earn passively, and I can wait for a long term ;D
I will decide later which one that I will buy because both coins is good. But I think I will choose Tezos because the percentage is bigger than Neo, and to earn rewards from Tezos will only need 1 Tezos. Thank you for your suggestion.
NP!
Good luck to your choice with Tezos as those are just my opinion and not a financial advise.


Title: Re: Trying to invest in Binance
Post by: tanjiran on October 05, 2020, 11:43:14 PM
It's not recommended to save all your money on exchange for long period of time, if you could you can buy hardware wallet. I personally don't know about most of the altcoin that you mention, TRX and EOS are good investment i think. but i will not suggest you to hold many altcoin. instead if i were you i will sell all those coin and buy some ETH,TRX and BNB or buy more BTC.
That's very wise advice. Storing assets in an exchange wallet are very risky, moreover, hackers will definitely make it a target. Some time ago there was a hacking case on Kucoin, hopefully, this can be a lesson for us to choose a true professional and responsible exchange if there is a hack like that. Well, it would be better if you use a personal wallet such as a hardware wallet, the security is better.
If you want to invest in an exchange, yield farming is now popular, and one of the highlights related to Binance is pancakes, just give it a try. DWYOR


Title: Re: Trying to invest in Binance
Post by: Hippocrypto on October 05, 2020, 11:49:18 PM
spreading lots of nets to get lots of fish is a good idea, but when buying lots of altcoins on a risky exchange it is better to focus on one coin, bitcoin is better but if bitcoin price is high for investing ethereum can be an alternative and TRX is also good for investment.

With TRX as our investment, I am highly recommending this one because the price for the maintime was very low. By the time it will reach the limelight, this one will surprise everyone around the world. The very important thing about this coin, is that accumulating our wallet before it's too late. Pressures and regrets will not give us signs, but we should prevent that kind of scenario and act quickly before everything is finally set.


Title: Re: Trying to invest in Binance
Post by: Danslip on October 05, 2020, 11:58:45 PM
spreading lots of nets to get lots of fish is a good idea, but when buying lots of altcoins on a risky exchange it is better to focus on one coin, bitcoin is better but if bitcoin price is high for investing ethereum can be an alternative and TRX is also good for investment.

With TRX as our investment, I am highly recommending this one because the price for the maintime was very low. By the time it will reach the limelight, this one will surprise everyone around the world. The very important thing about this coin, is that accumulating our wallet before it's too late. Pressures and regrets will not give us signs, but we should prevent that kind of scenario and act quickly before everything is finally set.
Buying a lots of tokens is not called investment and I suggest avoiding doing so. The pressure from the losing investment will force the investor to rethink his investment plans and the TRX investors are not an exception. TRX and XRP are both high supply altcoins and investing in the low marketcap altcoins will be better investment due to the high ROI.

Binance is an exchanger.  I can't find any reason to deposit altcoin in exchanger.  Because you know Kucoin was hacked some days ago.  You should keep Altcoin or Bitcoin in your own wallet. I think it will be good for you.

Of course, cryptocurrency that is not used for trading should be stored on your cold wallet.But we remember that Binance was also hacked earlier, but they fully compensated for all the losses of participants. And after that, they got more confidence from traders. So today Binance is a great exchange.
This risk is always actual, instead of storing in the exchanges buying a cold wallet is the feasible solution against the hack. The DEXs are my choice and I prefer to avoid the centralized exchanges unless the token is not listed on the decentralized exchanges.


Title: Re: Trying to invest in Binance
Post by: rahmat86 on October 06, 2020, 03:43:45 AM
I think for investing in buying coins, we must know the right momentum otherwise we will experience losses. the coins you mention are good coins but remember the average altcoin follows the trend of bitcoin. If you are good at reading technical charts I think you can trade in binance futures


Title: Re: Trying to invest in Binance
Post by: jrrsparkles on October 06, 2020, 04:23:18 AM
You mean staking or just buying the coins and hold them for long term? You can buy the coins for holding purpose on any exchange which is more convenient for you and not all the coins have staking features as far as I know if you are talking about staking here.

I don't see bitcoin, ethereum, Monero and few other major coins in your portfolio.Dont just focus on the price better invest in the good project no matter what is the current price when you are going to be a long term investor.


Title: Re: Trying to invest in Binance
Post by: Strongkored on October 06, 2020, 04:59:17 AM


TRX, LOOM, TROY, KAVA, EOS, ONT.


With that list TROY is most high estimated annual yield, beside the return you should take a look at the development project too, since you are long term investment and put the token on staking follow project update is a must, otherwise the first target to multiplying coins and profiting from it would end up in huge losses.


Title: Re: Trying to invest in Binance
Post by: sana54210 on October 06, 2020, 08:49:52 AM
I would say investing into ethereum, chainlink, bnb, tron and ada would be where I would start if I were a new investor. To begin with those are the highest volumes usually, which means there is interest to them, volume doesn't just represent the movements but also the interest, if a coin has high volume that means there is tons of money interested in that coin as well and even if it goes down one day with that much interest it bounds to go up eventually as well.

However if you want you can look for smaller ones as well, they are risky because they could get delisted as well but they are still decent and you could check to see if you could profit from them, I just don't like it because I do not want to be the only person hyped about some small coin which is why I go with high volume ones.


Title: Re: Trying to invest in Binance
Post by: jajorforce on October 11, 2020, 06:38:24 PM
spreading lots of nets to get lots of fish is a good idea, but when buying lots of altcoins on a risky exchange it is better to focus on one coin, bitcoin is better but if bitcoin price is high for investing ethereum can be an alternative and TRX is also good for investment.

With TRX as our investment, I am highly recommending this one because the price for the maintime was very low. By the time it will reach the limelight, this one will surprise everyone around the world. The very important thing about this coin, is that accumulating our wallet before it's too late. Pressures and regrets will not give us signs, but we should prevent that kind of scenario and act quickly before everything is finally set.
In blockchain we need only fast transaction and low cost. So we are going to support the TRX blockchain. Recently I was surprised that the TRC-20 withdraw fee was zero. That's how the price will increase for coins. For a long term, new altcoins profits will be huge. I think at least our fifty percent investment should be safe and the rest of the fifty could be risky.


Title: Re: Trying to invest in Binance
Post by: nicecrypto on October 11, 2020, 08:00:18 PM
Binance is the most easiest exchange to buy and crypto especially for beginners, nowadays they have made it even more easier by introducing the fiat payment, now some countries local currency are already supported, Binance is making crypto investment very simple,  i think I will most likely just buy bnb, ada, eth and btc because they are very trusted project.


Title: Re: Trying to invest in Binance
Post by: Gvent on October 12, 2020, 10:30:45 PM
After such a long time, I am busy in my real life because of Covid-19. I am trying to read the news here and find something that can help me make money.

So, I am trying to deposit some money to binance and buy the coin as my investment. Here is the list:


you have a good list of investments and tradable coins
now the mainstream is using DeFi finance for staking and getting passive income
as far as I know, Binance also took part in this relay
have you tried buying the coins that Binance offers for staking?


Title: Re: Trying to invest in Binance
Post by: oscarftw on October 12, 2020, 11:37:02 PM
I think for investing in buying coins, we must know the right momentum otherwise we will experience losses. the coins you mention are good coins but remember the average altcoin follows the trend of bitcoin. If you are good at reading technical charts I think you can trade in binance futures
I'm a technical charts reader, altcoins are following only the Bitcoin trend. The best example is the halving of Bitcoin. But now I'm reading that Ethereum and Binance runs are better than Bitcoin. Binance Coin bullrun more than Bitcoin but following Bitcoin trend, so we can earn from this opportunity. I had a little investment in the Binance coin but now again I switch to Bitcoin.


Title: Re: Trying to invest in Binance
Post by: btcdie on October 13, 2020, 01:39:59 AM
why did the OP not put BNB in his bag ??
whereas the OP keeps some assets in binance and trusts the exchange. why not leaving an allocation for BNB, this is suitable for the mid term. Launhcpad & launchpool can pump it, and the new ecosystem is BSC (Binance smartchain).

DYOR


Title: Re: Trying to invest in Binance
Post by: escalante28 on October 13, 2020, 02:54:20 AM
Piece of advice.
Although Binance is SaFu, it's still advisable to store your altcoins to your personal wallet. As what other says, if you don't hold the private key then it's not your asset.

If you're looking for an altcoins to invest you can check CHR (Chromia), the team are good and have a perfect background.
Plus they're in a small Cap on coinmarketcap so it's not too late to invest. Another are, CRV, DOT and those NFT coz I think it will replace the hype of DeFi.


Title: Re: Trying to invest in Binance
Post by: ahyadinnn on October 13, 2020, 03:30:22 AM
Piece of advice.
Although Binance is SaFu, it's still advisable to store your altcoins to your personal wallet. As what other says, if you don't hold the private key then it's not your asset.

If you're looking for an altcoins to invest you can check CHR (Chromia), the team are good and have a perfect background.
Plus they're in a small Cap on coinmarketcap so it's not too late to invest. Another are, CRV, DOT and those NFT coz I think it will replace the hype of DeFi.
true, never store coins on the market because it is very risky if things happen that you don't want, it's better to send them to a private wallet and store them in a safe place, you can use a ledger nano or trezor, both wallets are safe in my opinion and I've been a long time too using the ledger nano


Title: Re: Trying to invest in Binance
Post by: MainIbem on October 13, 2020, 03:39:49 AM
Your decision to invest in coins every month is a good idea. TRX looks like a good coin. It is cheap at present and could explode in the future.


Title: Re: Trying to invest in Binance
Post by: New_order on October 13, 2020, 06:46:53 AM
Don't diversify with too many altcoins. Why don't you want to invest in bitcoin? and are you holding your altcoins on Binance and leaving it there as is?
If that's what you do, for holding, withdraw it and hold it to a wallet where you hold the private keys.
You don't get it, OP is holding his coins on binance because he is staking them for monthly rewards, if you read carefully you will see that he is making ROI with the binance staking program. He also know the difference of having your coins in your wallet vs having the coins on a Centralized exchange, to stake on binance you have to leave your coins on binance


Title: Re: Trying to invest in Binance
Post by: Geleve on October 13, 2020, 07:01:02 AM
Considering your budget, i think you should not have so many different altcoins in your bag. Because If you invest in so many projects, it will be hard to follow them all everyday. And some will rise, some will fall and there will not be so many changes in value of your portfolio. I advise you to focus only 1 - 2 altcoins that you believe and follow strictly.


Title: Re: Trying to invest in Binance
Post by: Ezravdb on October 13, 2020, 10:26:20 AM
choosing several Altcoins for long-term investment will provide a great opportunity to get a profit because when the market recovers you can see every coin you hold moving up.  When you get a profit, you can sell immediately because Altcoins are vulnerable to experiencing significant price drops.


Title: Re: Trying to invest in Binance
Post by: Altryist on October 13, 2020, 10:32:40 AM
choosing several Altcoins for long-term investment will provide a great opportunity to get a profit because when the market recovers you can see every coin you hold moving up.  When you get a profit, you can sell immediately because Altcoins are vulnerable to experiencing significant price drops.
Now this is happening, altcoins have fallen in price and fell very much. Do you think that most altcoins will be able to grow again after the market starts to rise again? Such times show how dangerous it is to trade altcoins, they can fly down at any moment. At the same time, we see that it is much more comfortable and profitable in bitcoin than investing in risky alts.


Title: Re: Trying to invest in Binance
Post by: tvplus006 on October 13, 2020, 11:33:17 AM
Now this is happening, altcoins have fallen in price and fell very much. Do you think that most altcoins will be able to grow again after the market starts to rise again? Such times show how dangerous it is to trade altcoins, they can fly down at any moment. At the same time, we see that it is much more comfortable and profitable in bitcoin than investing in risky alts.

There is confidence that the coins at the top of the rating will quickly recover in price when the market starts to move up. But most of the new tokens that represent the DeFi sector will not return to their upper values, because they have already lost a lot in price and they are no longer as trusted as they were before.


Title: Re: Trying to invest in Binance
Post by: Zeronic on October 13, 2020, 12:36:01 PM
First thing to do is you should analyst, why you want to invest in Binance. Altcoins price is falling now. I think if you want to invest on it, for a long term, it is not a good decision for you. Don't take too much risk, if you are not sure, will it give you some profit or not.


Title: Re: Trying to invest in Binance
Post by: Jeger.Kiting on October 13, 2020, 01:34:42 PM
Whether prices in all markets have recovered. because what I know is that if the market price has not recovered so much it will make it difficult for many people to invest and predict future prices, because some constraints or issues make the price not so stable, and tend to destroy global market prices, recently some news that states President of the United States Donald Trump was hit by the Covid 19 Virus which caused the dollar price to plummet and impact all Crypto currency prices, not to mention the traps in all markets that keep people trapped in their investment in some Altcoins, the solution to prevent that from happening is waiting for the market price to really take place recover, so that your investment is not trapped by the trap of big investors in it and is more careful to select and analyze the development of the Altcoin ...


Title: Re: Trying to invest in Binance
Post by: FACE 2 FACE on October 13, 2020, 01:47:55 PM
I already did that from 3 months ago, and now, I am trying to use $30/month to invest.
In my opinion, these are small enough amounts so that thanks to them you can earn enough money for your life. It is easier to start trading, and to do this, you should choose those currency pairs with the greater volatility. UNI - is a recent example, where volatility was up to 25 percent daily. This is much more than you can earn simply by investing your money in TRX.


Title: Re: Trying to invest in Binance
Post by: totoy4741 on October 13, 2020, 02:42:59 PM
Try investing in defi coins where you can generate passive incomes easily, I suggest you to Pancakeswap where you can stake cake then get another coin(Syrup) for free to stake it for another coin of your choice(Twt, Alpha etc). But if you don't like defi projects you can always check on established coins in market, specifically xrp cause it is going to have a fork around december.


Title: Re: Trying to invest in Binance
Post by: Bajank on October 13, 2020, 02:53:29 PM
very good idea to invest in binance exchange maybe it will be great for you to save your money there but there are many ways to invest there and get profit one of the most famous is to stakes coins there and buy coins on binance launchpad and also can you just hold Binance coin because BNB coin is one of the coins of the future that is always needed and it is likely that the price will continue to increase as the Binance exchange progresses,


Title: Re: Trying to invest in Binance
Post by: NewRanger on October 13, 2020, 02:59:22 PM
Don't diversify with too many altcoins. Why don't you want to invest in bitcoin? and are you holding your altcoins on Binance and leaving it there as is?
If that's what you do, for holding, withdraw it and hold it to a wallet where you hold the private keys.
isn't it will be good if hold several altcoins to distributed the risk that may occur in future to our portofolio ? as traders we must diversify portofolio into several coins, beside save our assets some of them will give us huge return . holding coins in binance better than in another centralized exchanges, because binance has SAFU that will cover our fund when it hacked ? did you remember last hacking case in binance , no one harmed with it and market operate as usual.


Title: Re: Trying to invest in Binance
Post by: sulendra12 on October 13, 2020, 03:03:34 PM
You are actually doing great with your investment, keeping it at steady pace and don't be greedy to make the highest profit is a respect for me.

I already did that from 3 months ago, and now, I am trying to use $30/month to invest.
With this amount of investment, actually diversify your money into different altcoins are not a good idea I think. It's good to minimize your losses but the amount of profit you could get is really low as it depends on how is the performance on every coins you are invested. Maybe building up your portfolio first and getting more profit would be a good idea and in the future you can raise the capital for a bit to diversify your money into more altcoins.


Title: Re: Trying to invest in Binance
Post by: Ryushin on October 13, 2020, 03:11:49 PM
I'm pretty much aware that binance BNB is the most profitable most especially this quarter three of 2020, followed by DeFi projects, I think you should look into few DeFi projects and invest in few good ones, if I were you though most of my money goes into Bitcoin because it gives better peace of mind, don't get me wrong, other altcoins are good but Bitcoin still stands taller than all.


Title: Re: Trying to invest in Binance
Post by: ice18 on October 13, 2020, 03:23:06 PM
Just some suggestions mate I also buying altcoins in Binance if I got funds what I usually doing is buying some altcoins at dip and after a week or two if you got some profit sell it and look again for another potential altcoins dont stay longer in one altcoin if something happens in that project and price decline it will be a big loss for you.


Title: Re: Trying to invest in Binance
Post by: Mahdirakib on October 13, 2020, 03:31:04 PM
Try investing in defi coins where you can generate passive incomes easily, I suggest you to Pancakeswap where you can stake cake then get another coin(Syrup) for free to stake it for another coin of your choice(Twt, Alpha etc). But if you don't like defi projects you can always check on established coins in market, specifically xrp cause it is going to have a fork around december.
If anyone looking for good investment plan then we shouldn't tell them to invest in DeFi. Cause most of the DeFi project end as scam. Xrp might be a good platform to invest. Moreover OP can choose some old altcoins like ltc, eth. Chainlink and binance coin doing well now. If the dump happens all these coin will drop significantly in value.


Title: Re: Trying to invest in Binance
Post by: Wenbing on October 13, 2020, 04:18:51 PM
After such a long time, I am busy in my real life because of Covid-19. I am trying to read the news here and find something that can help me make money.

So, I am trying to deposit some money to binance and buy the coin as my investment. Here is the list:

TRX, LOOM, TROY, KAVA, EOS, ONT.

The biggest allocation of my money was in TRX.

In the first month, I use little money to invest in TRX, and I got the next month's reward. So I decide to invest more money to buy more TRX plus to buy the other coin as I mention above.

I am planning to invest more, but I need suggestions on what coin to invest. Should I still invest in TRX? Or I need to buy the other coins?

I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.

I already did that from 3 months ago, and now, I am trying to use $30/month to invest.

I have my bitcoin in other wallets, which I don't use to buy those coins. I keep my bitcoin just in case for the next bull run. I use the other money to trade, although I know that the profit is not too big for me, that's really meant for me.

Thank you.

Well, while you do have a fantastic strategy and plan, here are what you must know.

1. Where the trend goes, there the money is. So pay attention to fundamental analysis.
2. Know that no investment strategy is risk proof.
Portfolio diversification is a great approach, but don't be too diversified.


Title: Re: Trying to invest in Binance
Post by: isaac_clarke22 on October 13, 2020, 06:19:28 PM
Leave something for Bitcoin even if you just buy a tiny bit of it if you're really into staking or holding alts.
Probably the topper coins would already be enough, and I am not sure if there's still a reason to go way below the top 20 at minimum.
Most of it from my experience are just for day trading anyway.


Title: Re: Trying to invest in Binance
Post by: Strotman on October 13, 2020, 07:31:33 PM
If you consider BNB as an option for investing, then in General this choice is not better or worse than others, but do not forget that with this coin you can get passive income on Binance. Moreover, there will be several ways to make a profit.


Title: Re: Trying to invest in Binance
Post by: bobyhodob on October 13, 2020, 11:31:56 PM
If you consider BNB as an option for investing, then in General this choice is not better or worse than others, but do not forget that with this coin you can get passive income on Binance. Moreover, there will be several ways to make a profit.
I think this is a very smart choice because so far the Binance exchange has Binance Pool and Binance Earn programs which in my opinion with the capital you have, you don't have to do anything you can get money and you won't feel a loss.


Title: Re: Trying to invest in Binance
Post by: alisonwonder on October 13, 2020, 11:46:05 PM
If you consider BNB as an option for investing, then in General this choice is not better or worse than others, but do not forget that with this coin you can get passive income on Binance. Moreover, there will be several ways to make a profit.
I think this is a very smart choice because so far the Binance exchange has Binance Pool and Binance Earn programs which in my opinion with the capital you have, you don't have to do anything you can get money and you won't feel a loss.
well I also totally agree with what you say because I will also do the same as you do to make the best use of the Binance exchange, there is also a lot of options that might be the best option for making a profit.


Title: Re: Trying to invest in Binance
Post by: b1boy on October 14, 2020, 08:18:36 PM
Do you mean its ok to leave to invest you tokens for a lomg period of time, your selection of coins is acceptable, yet it appears to be that over the long haul you have picked an inappropriate spot, don't store your coins on exchange wallet , it's always smarter to keep them in a hidden wallet since we never realize what will happen ever again.


Title: Re: Trying to invest in Binance
Post by: articlecity on October 14, 2020, 08:36:31 PM
After such a long time, I am busy in my real life because of Covid-19. I am trying to read the news here and find something that can help me make money.

So, I am trying to deposit some money to binance and buy the coin as my investment. Here is the list:

TRX, LOOM, TROY, KAVA, EOS, ONT.

The biggest allocation of my money was in TRX.

In the first month, I use little money to invest in TRX, and I got the next month's reward. So I decide to invest more money to buy more TRX plus to buy the other coin as I mention above.

I am planning to invest more, but I need suggestions on what coin to invest. Should I still invest in TRX? Or I need to buy the other coins?

I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.

I already did that from 3 months ago, and now, I am trying to use $30/month to invest.

I have my bitcoin in other wallets, which I don't use to buy those coins. I keep my bitcoin just in case for the next bull run. I use the other money to trade, although I know that the profit is not too big for me, that's really meant for me.

Thank you.
You are dollar cost averaging by buying small every month but be careful because it works very well during downtrends and ranging markets but in bullish market it can be counterpriductive stfategy at you may end buying at bloated prices and end up in loss after reversal start.


Title: Re: Trying to invest in Binance
Post by: BChydro on October 15, 2020, 01:43:15 AM
I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.
I am surprised to see that you mentioned Qtum, Komodo, Neo to invest. I would stay away from them as they failed to deliver on the promise and the developers mostly ignore them, if there is a sudden change which i am not aware of as i stopped following them a long time ago.

Diversifying is a good prospect but you need to identify tokens and coins that would give you the maximum profit.


Title: Re: Trying to invest in Binance
Post by: Chuky92 on October 15, 2020, 09:53:38 PM
After such a long time, I am busy in my real life because of Covid-19. I am trying to read the news here and find something that can help me make money.

So, I am trying to deposit some money to binance and buy the coin as my investment. Here is the list:

TRX, LOOM, TROY, KAVA, EOS, ONT.

The biggest allocation of my money was in TRX.

In the first month, I use little money to invest in TRX, and I got the next month's reward. So I decide to invest more money to buy more TRX plus to buy the other coin as I mention above.

I am planning to invest more, but I need suggestions on what coin to invest. Should I still invest in TRX? Or I need to buy the other coins?

I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.

I already did that from 3 months ago, and now, I am trying to use $30/month to invest.

I have my bitcoin in other wallets, which I don't use to buy those coins. I keep my bitcoin just in case for the next bull run. I use the other money to trade, although I know that the profit is not too big for me, that's really meant for me.

Thank you.

I don't know for others but personally diversifying into many altcoins is not a good idea it will only make you lose focus and restless; this is just me, like I said I don't know about others. I highly think it is a good idea investing in only coins which will give you the true value of your time and money, because most coins today might not worth anything in the near future, or even if a bear market starts now, most coins might dump and never rise to a good price again.
Therefore, from your aforementioned lists I can only point out Tezos and Trx, others I can add which are not in your list are ADA and ETH; Bitcoin is already in your portfolio and that's very nice.


Title: Re: Trying to invest in Binance
Post by: Restmand on October 15, 2020, 10:32:52 PM
After such a long time, I am busy in my real life because of Covid-19. I am trying to read the news here and find something that can help me make money.

So, I am trying to deposit some money to binance and buy the coin as my investment. Here is the list:

TRX, LOOM, TROY, KAVA, EOS, ONT.

The biggest allocation of my money was in TRX.

In the first month, I use little money to invest in TRX, and I got the next month's reward. So I decide to invest more money to buy more TRX plus to buy the other coin as I mention above.

I am planning to invest more, but I need suggestions on what coin to invest. Should I still invest in TRX? Or I need to buy the other coins?

I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.

I already did that from 3 months ago, and now, I am trying to use $30/month to invest.

I have my bitcoin in other wallets, which I don't use to buy those coins. I keep my bitcoin just in case for the next bull run. I use the other money to trade, although I know that the profit is not too big for me, that's really meant for me.

Thank you.
Do not invest on too many coins just choose those top 10 coins in the market. Why don't you buy bitcoins for the rest of your money for investment. Bitcoin is still a good investment above all coins, next is ETH. For me if I have an extra money for investments I will choose to buy bitcoin and ETH. These two coins are good investments and no other coins can replace the above the price of these coins.


Title: Re: Trying to invest in Binance
Post by: tracyhayley on October 15, 2020, 10:46:18 PM

I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.

I have my bitcoin in other wallets, which I don't use to buy those coins. I keep my bitcoin just in case for the next bull run. I use the other money to trade, although I know that the profit is not too big for me, that's really meant for me.


it's a good decision that you decided not to invest all of your money in one coin. i usually invest my money in less than 4 or 5 kind of coins/tokens, no more than that. it's hard to monitor their price one by one if you invest in too many coins. btw, it's good for you that you still hold your bitcoin, because i believe the bull market will run in the near future.



Title: Re: Trying to invest in Binance
Post by: NewRanger on October 15, 2020, 11:22:58 PM
The coins listed on Binance have a clear project and also have a solid team. Although BInance is an exchanger with a large total transaction volume, not all coins listed on Binance have a large transaction volume. Usually coins that have large volumes are coins that are trending or have positive news but in my opinion it is safer if we choose coins or tokens on Binance because of existing project factors
binance research team doing well when they filter new project which is will listing. most of them have good quality and use case in cryptocurrency market so it will attract traders or investors to trade. but must remembered , not all binance coins give us guarantee. some of them regularly delist if there is no activity in developtment.


Title: Re: Trying to invest in Binance
Post by: flagpara on October 15, 2020, 11:25:15 PM
I am thinking about SXP, ADX, Tezos, Atom, Algo, Harmony, Qtum, Komodo, Neo, and Elrond to be on my investment list, but I know that I can not buy all of that coin at once. I can buy it every month of each list with the money that I am willing to use for the investment.
I am surprised to see that you mentioned Qtum, Komodo, Neo to invest. I would stay away from them as they failed to deliver on the promise and the developers mostly ignore them, if there is a sudden change which i am not aware of as i stopped following them a long time ago.

Diversifying is a good prospect but you need to identify tokens and coins that would give you the maximum profit.
We should make enough profits when the price is so high. (NEO) This Chinese blockchain made a lot of hype in the cryptocurrency. Although now I support it, but not as much as before. Harmony is also my favorite one. I promise I won't sell this coin until 2021 finishes. Cartesi is also a good tokens. Binance and Vechain will be added to my portfolio.


Title: Re: Trying to invest in Binance
Post by: Dollar_Hunter on October 15, 2020, 11:51:22 PM
a great choice if you want to invest in Binance, Binance has a really great team, they are consistent in building a safe and comfortable exchange,
and the results of their progress are great, Coinmarketcap was acquired by CZ / Binance, this is a great first step,
because As a top 1 cryptocurrency exchange, Binance is already providing accurate information


Title: Re: Trying to invest in Binance
Post by: Coroline on October 16, 2020, 04:00:17 AM
One long-term coin that you must also have is Bitcoin (BTC), you can buy it to enlarge your portfolio on binance. But it is not recommended to save money on an exchange, because there are so many hacks cases. Although binance is number one, nothing can guarantee every weakness of a system.

As long as the private key is not in your hands, it is not your asset.


Title: Re: Trying to invest in Binance
Post by: kentrolla on October 16, 2020, 06:28:58 AM
Binance is slowly dominating the market and has come a long way on its journey to the top, binance has became an inspiration to other exchanges.

Yes BNB is good investment and one of the safest crypto currencies out of there, when it comes to their team and work we are in safer hands. However it is not considered as a stable coin but yes it is one of the value asset to have in our portfolio.


Title: Re: Trying to invest in Binance
Post by: Mealea on October 16, 2020, 06:36:41 AM
You have made a good choice to invest your money in different projects, but I will advise you to make a good research about any project you choose to invest if is on the long term, don't invest in some random lists of coins you probably saw on twitter or somewhere, we have so many potential coins all around that can bring you a good return in a long run even if you choose not to invest in bitcoin.


Title: Re: Trying to invest in Binance
Post by: Simakura on October 16, 2020, 06:42:20 AM
A great choice, binance is a very popular and trusted market so it is very safe from scams.Binance also has a high trading volume, it is very easy to trade.


Title: Re: Trying to invest in Binance
Post by: lixer on October 18, 2020, 04:13:53 PM
It’s good that you already have Bitcoin stored in a wallet, that’s a very good choice. I was going to recommend it first until I reached the last sentence and you said you have it already. Tezos is a good coin and you should invest in it. Apart from that, Algo and Neo may be another good choice to invest your money in.

Although I’d like to point out to you that there is risk in the investment you’re taking, based on your past experience you must have understood the risks that follows. Sometimes the market can move a direction that you never expected it to. You just have to be ready to take the risks.


Title: Re: Trying to invest in Binance
Post by: puremage111 on October 18, 2020, 04:19:20 PM
Everything is fine but seems like you invest more on TRX and that's not fine imo

I mean i am not against Justin or anything
But seems like hes more off a marketing type person than a Blockchain person


Title: Re: Trying to invest in Binance
Post by: cryptofirm on October 18, 2020, 04:24:13 PM
Does investing mean holding coins for the long term? Your choice of coins is good, but it seems that in the long run you have chosen the wrong place, don't store your coins in centralized exchanges, it's better to keep them in a private wallet because we never know what will happen in the future.

indeed, the risk is higher when we hold our cryptocurrency for long term in centralized exchange
and yes, its better to keep our coins in personal wallet such as ledger nano or others my friend


Title: Re: Trying to invest in Binance
Post by: Fredomago on October 18, 2020, 04:29:58 PM
Does investing mean holding coins for the long term? Your choice of coins is good, but it seems that in the long run you have chosen the wrong place, don't store your coins in centralized exchanges, it's better to keep them in a private wallet because we never know what will happen in the future.

indeed, the risk is higher when we hold our cryptocurrency for long term in centralized exchange
its better to keep our coins in personal wallet such as ledger nano or others my friend

Every investors who are planning to invest in a long term process should realized every risk that can take place while storing their assets inside any exchanges.

There's always a threat coming from scammers and hackers and aside from that we also don't know cause even a well established business can still collapse anytime.

It's far better to keep your money from your own custody, having a offline
wallet is far better than storing your money inside other wallet where you
don't have the full authorities.


Title: Re: Trying to invest in Binance
Post by: bastian466 on October 18, 2020, 04:31:04 PM
It is better to divide it with other coins, not centralized with one coin only.To cover losses if one of the coins you hold has decreased, but don't divide it too much so that its movement is controlled every time so as not to be missed


Title: Re: Trying to invest in Binance
Post by: GreenStox on October 18, 2020, 04:31:49 PM
There is a huge selection of coins on Binance and you can trade short, long, medium term as most of the coins there are good coins.
and can also take part in hold coin events and get prizes at certain periods, staking, lending, and much more.


Title: Re: Trying to invest in Binance
Post by: fosco333 on October 19, 2020, 02:55:30 AM
And may i know why do you getting interested on investing TRX ? There are only few good dApps on TRON network, the rest of them are only gambling platform.
In these days, i think it will be better to invest on UNI because Uniswap platfrom is already used by many people across the different coins.


Title: Re: Trying to invest in Binance
Post by: manfredmann on October 19, 2020, 03:14:23 AM
That would be a good choice using Binance exchange that has already proven its worth as an exchanger and one of the exchanges that has high volume in trading or volume.

If you are also thinking other crypto to invest in it then that would also be better like many project wanting to get listed in binance and make a good trading in that exchange.

Most likely investors are trusting the exchange that belive mostly of the project listed their are good projects and are really can profit.


Title: Re: Trying to invest in Binance
Post by: shoreno on October 19, 2020, 03:23:54 AM
you shouldnt use binance platform if your only aim is to invest , thats risky but you can always use it if you said your going to trade  . loom , troy and kava are the coin that i didnt recognize so far but the rest of the  list on your first batch of coins are okay to me  . its not bad if you start on trx but if you think you already pour enough money on trx why not skip it for a while and work out your other coins  .  the second batch of the coins you list are mostly not recognized by me but except to the tezos and neo  . im not really sure if i heard the coin atom before  .  you cant buy all of them but you can divide your funds into small portion so that you can buy different coins  .  


Title: Re: Trying to invest in Binance
Post by: luckyflop on October 19, 2020, 05:12:50 AM
Binance is a centralized exchange, it is not a place you can hold your coins or tokens, Keeping your money in hot wallets where you don't have the private key could be risky, I suggest you keep your money there only if you want to trade with them, Do you remember what happened with Kucoin then with OKex?
It can happen with binance too...


Title: Re: Trying to invest in Binance
Post by: cryptoknightt on October 19, 2020, 06:20:59 AM
at least the coins on binance have a good reputation so it doesn't matter if you invest in coins that are there, of course, with research and estimates before buying these coins.
are you at the right time to buy.
Because market is still cannot be predicted 100%.


Title: Re: Trying to invest in Binance
Post by: Anarchy101 on October 19, 2020, 06:41:04 AM
Also, do keep some Ethereum handy because if the news is true that the ETH 2.0 is coming this year, then you could get a pretty decent profit out from that mega event.

Not an investment advice DYOR.


Title: Re: Trying to invest in Binance
Post by: glowing10 on October 19, 2020, 07:03:09 AM
at least the coins on binance have a good reputation so it doesn't matter if you invest in coins that are there, of course, with research and estimates before buying these coins.
are you at the right time to buy.
Because market is still cannot be predicted 100%.

Not all coin in Binance will rise and give you profits. Some of the coins like Defi are falling because they had being more of a hype and rose too much without much reason and as a result we are seeing the fall now. So only invest in such coins from Binance in which one is conformable that it will continue to grow and rise as well.


Title: Re: Trying to invest in Binance
Post by: Valzador on October 19, 2020, 07:48:11 AM
Not all coin in Binance will rise and give you profits. Some of the coins like Defi are falling because they had being more of a hype and rose too much without much reason and as a result we are seeing the fall now. So only invest in such coins from Binance in which one is conformable that it will continue to grow and rise as well.
Coins listed on the Binance exchange, will get more attention than if the coins were listed on other exchanges, for example, Filecoin, which experienced significant price changes when listed on the Binance exchange.


Title: Re: Trying to invest in Binance
Post by: Gvent on October 20, 2020, 08:26:45 PM
Binance is slowly dominating the market and has come a long way on its journey to the top, binance has became an inspiration to other exchanges.

Yes BNB is good investment and one of the safest crypto currencies out of there, when it comes to their team and work we are in safer hands. However it is not considered as a stable coin but yes it is one of the value asset to have in our portfolio.

I have not considered and will never consider exchange tokens to be the best vehicle for long-term investment
the price of exchange tokens is highly dependent on the state of the exchange and how things are going there
if the exchange has serious problems, then the price of its token will start to fall seriously


Title: Re: Trying to invest in Binance
Post by: Malam90 on November 05, 2020, 04:08:07 AM
yes, it's better for you to store it in your own wallet than in a wallet exchanger because it has a fairly large risk
for a good coin it looks like you have to glance at Doge, usually doge is used for bag holders and can make you gain a very large profit

It's okey. Probably you have invested in those coins for staking. It is both staking and profits as usual. I prefer TRX holding than other coins as TRX gives more staking rewards than others and TRX has much chance to boom in the near future. It means TRX holding will give two facilities-staking and profits.


Title: Re: Trying to invest in Binance
Post by: SyndicateLabs on November 05, 2020, 06:23:20 AM
I see you are choosing too many coins to hold, if you feel investing in binance makes you profitable then you should learn about it carefully. I see on binance there are many ways to get profits that do not necessarily have to hold, you can staking bnb, stablecoins, ... join IEOs, pools, ... High profit margins, so be careful with it.


Title: Re: Trying to invest in Binance
Post by: poodle63 on November 05, 2020, 06:26:08 AM
at least the coins on binance have a good reputation so it doesn't matter if you invest in coins that are there, of course, with research and estimates before buying these coins.
are you at the right time to buy.
Because market is still cannot be predicted 100%.
In my opinion reputation doesn't mean anything the project could goes south anytime. But what makes project that comes from binance more legit is because binance could go as far as pursuing the project devs if they do anything reckless. I would always recommend people to keep an eye to the project because money can make anyone greedy. Also, a project that got constantly criticized might become an even better project in the long run.


Title: Re: Trying to invest in Binance
Post by: totoy4741 on November 05, 2020, 07:12:32 AM
Not all coin in Binance will rise and give you profits. Some of the coins like Defi are falling because they had being more of a hype and rose too much without much reason and as a result we are seeing the fall now. So only invest in such coins from Binance in which one is conformable that it will continue to grow and rise as well.
Coins listed on the Binance exchange, will get more attention than if the coins were listed on other exchanges, for example, Filecoin, which experienced significant price changes when listed on the Binance exchange.

I actually don't believe that, there are lots of coins listed in binance that don't survive like npxs, xvs and many more. Only noticeable are those coins that have already made a huge improvements and still relevant till today  filecoin is a fresh introduced to binance so expect the hype to pour in.


Title: Re: Trying to invest in Binance
Post by: Smitty Werben Man Jensen on November 05, 2020, 07:20:26 AM
Not all coin in Binance will rise and give you profits. Some of the coins like Defi are falling because they had being more of a hype and rose too much without much reason and as a result we are seeing the fall now. So only invest in such coins from Binance in which one is conformable that it will continue to grow and rise as well.
Coins listed on the Binance exchange, will get more attention than if the coins were listed on other exchanges, for example, Filecoin, which experienced significant price changes when listed on the Binance exchange.

I actually don't believe that, there are lots of coins listed in binance that don't survive like npxs, xvs and many more. Only noticeable are those coins that have already made a huge improvements and still relevant till today  filecoin is a fresh introduced to binance so expect the hype to pour in.
NPXS and XVS dont survive? how do you say like that?
try to look at the XVS price, more than 10% happens, I know about NPXS why the price is bad,
because there is indeed a lot of circulating supply, and demand is low, but PundiX is still a good project, PundiX is not dead.


Title: Re: Trying to invest in Binance
Post by: Squezzi55 on November 05, 2020, 08:24:44 AM
Be rest assured that you will make good profits if you invest in bnb token or IEO projects from binance, we all know that binance has the best team in crypto space, very hardworking and devoted too, bnb token will worth more in near future, I'm thinking three figures soon, if you don't want to hold just invest in any binance IEO launchpads


Title: Re: Trying to invest in Binance
Post by: Baimovic on November 05, 2020, 08:32:04 AM
If you are planning to invest in Binance then you also don't forget to consider a list of genuine coins such as BinanceCoin. I think BNB is a profitable investment too, including TRX which has given you a return on your previous investment. add more with TRX, BNB, OMG and then ETH. this is a good investment list.


Title: Re: Trying to invest in Binance
Post by: culuuton on November 05, 2020, 08:47:20 AM
I think you have not a good plan as you want to invest very little every month and suggested a huge list of coins the coins in your list are good to invest but I will suggest investing in Bitcoin if you are investing every month or spread your investment in Bitcoin and other three to four best projects.
He already has bitcoin and wants to keep for next bull run. $30/month is actually a bit small, so the profit is not much despite the coins he recommends are quite good. HEX is a low value coin and doing well, I think it is suitable for this amount.


Title: Re: Trying to invest in Binance
Post by: leea-1334 on November 05, 2020, 09:48:00 AM
I do not know about Binance really,,, I keep thinking that this is a coin that can only rely on Binance's success. And so, yes, it looks like it has potential to grow a lot, but only until Binance stops growing.

Now Binance even signed up with big giants Nexo for 8% staking a year, so they will grow on that news,,, but until when it will grow?


Title: Re: Trying to invest in Binance
Post by: KaratX on November 05, 2020, 09:52:11 AM
I do not know about Binance really,,, I keep thinking that this is a coin that can only rely on Binance's success. And so, yes, it looks like it has potential to grow a lot, but only until Binance stops growing.

Now Binance even signed up with big giants Nexo for 8% staking a year, so they will grow on that news,,, but until when it will grow?
Lol are you doubting binance exchange? If yes then you don't know what the team are capable of, from the list of all the top exchanges we have in crypto space binance team are the only on that wants to make crypto adoption grows better, others are just focusing on their business alone but binance is expanding


Title: Re: Trying to invest in Binance
Post by: Dariusburst on November 05, 2020, 10:06:57 AM
Invest in bnb token, binance is making more sense than many projects of today, they are gradually expanding, another good project is Ethereum, I believe eth is undervalued presently buy hopefully after the 2.0 launch things will change for the better, I will be more comfortable if I have the following coins in my portfolio

1. Bitcoin
2. Ethereum
3. Bnb token


Title: Re: Trying to invest in Binance
Post by: wxxyrqa on November 05, 2020, 10:36:05 AM
I do not know about Binance really,,, I keep thinking that this is a coin that can only rely on Binance's success. And so, yes, it looks like it has potential to grow a lot, but only until Binance stops growing.

Now Binance even signed up with big giants Nexo for 8% staking a year, so they will grow on that news,,, but until when it will grow?
One way or another, Binance today has a very large weight in the entire cryptocurrency market, and each project considers its main goal to achieve listing on this exchange. In addition, the popularity of Binance among traders and other cryptocurrency users is growing thanks to lotteries, promotions and bonuses that Binance conducts among its users. I believe that their strategy is correct and they are moving in the right direction as the demand for BNB rises.


Title: Re: Trying to invest in Binance
Post by: Insomnia family on November 05, 2020, 11:17:23 AM
a great option if you continue to upgrade each good coin to invest in or increase your investment in TRX again. My advice is not to invest in coins that are unpopular or that have no price developments. and maybe you need to consider something like EOS, LTC, ETH or BNB too.


Title: Re: Trying to invest in Binance
Post by: diamond_shine1 on November 05, 2020, 11:44:38 AM
investing in binance is indeed very good by buying the right coins in it, but in my opinion if you want to invest in binance don't buy too many coins that are bought with just 1 or 2 which you are sure will give you an advantage, and we must be active in observing movement of coins - coins that you hold until you get a satisfactory profit.


Title: Re: Trying to invest in Binance
Post by: nykka on November 05, 2020, 12:21:29 PM
I think you have too much altcoins in your portfolio, because altcoin market trends are similar to each other and if it will fall down, you will lose a lot of money. But generally your strategy is quite good. It`s better when you act and try something insted of just talking and analyzing without following actions


Title: Re: Trying to invest in Binance
Post by: BayAngelo on November 05, 2020, 12:35:27 PM
With the current market situation, i think it is advisiable to hedge your funds on bitcoin and ETH. i am currently loading ethereum because the market is gradually going up in favour of bitcoin. soon before December Ethereum will follow suit. i don't see any token on your list making any good movement at the moment. even tron is tired of copying other development.


Title: Re: Trying to invest in Binance
Post by: Severine on November 05, 2020, 12:45:29 PM
If you are looking for virtual currencies that will provide you with good returns, then TRX can be a profitable investment option.


Title: Re: Trying to invest in Binance
Post by: asus09 on November 05, 2020, 12:52:49 PM
Get much profit from investing in cryptocurrency is not depend which one market do you choose for investing but what coin you take decision for your investment, but Binance have many altcoin kinds for investing but all is worth for holding in long term. Many coin have lower price after listing on Binance because the Binance team take moment for pump coin before listing and announcement when listed on their coin, you can check with new coin wanna list on Binance just few minutes after announcing coin price pump more than 40%, but after active trading and listing coin never break up to higher price because binance team have sell their coin.


Title: Re: Trying to invest in Binance
Post by: CryptoTrip on November 05, 2020, 01:55:16 PM
The altcoin market is shaking a lot now. Therefore, your portfolio should consist of a small amount of coins, which you can constantly monitor and do technical and fundamental analysis. And if time does not allow, then you can add stablecoins liquidity stablecoins on the binans and get 12%APY


Title: Re: Trying to invest in Binance
Post by: abhishektopu on November 05, 2020, 02:23:23 PM
In my opinion Best way to invest is in "Flexible Savings (Not to be confused with Fixed Savings)" and choosing BUSD stable coin when ever you need it you can redeem it immediatley where as in locked and Defi there may be unlocking period time ..... In BUSD Felxible Savings u can receive daily intrest when there are no earning options like Bpool BUSD to receive other altcoins such as 'BEL' & ' '.  Other coins in Flexible savings i didnt tried it .....

I tried DASH in Locked Staking ..... I invested 1 DASH after a week i received 0.007 DASH extra ....
 


Title: Re: Trying to invest in Binance
Post by: nrvasquez on November 05, 2020, 02:33:40 PM
If you are looking for virtual currencies that will provide you with good returns, then TRX can be a profitable investment option.
not fans of TRX, and i don't really like Tron. maybe better if you put your money on BNB or cardano. Dash and waves also 2 of the strong candidates that i think will have very good value


Title: Re: Trying to invest in Binance
Post by: Rimon365 on November 05, 2020, 07:46:50 PM
If you invest binance you can invest Tron ( TRX) . Their platform are great. Their team try to develop their platform. You can also invest BNB coin. If you invest those coin I hope you will get much profit in future.


Title: Re: Trying to invest in Binance
Post by: SarangWallet on November 05, 2020, 10:43:30 PM
If you hold Bitcoin, of course, now you have got a huge profit. Be grateful.

The Binance exchange is the best exchange at the moment. Despite being hacked, Binance users still make the Binance exchange a great place to invest. The advantage of investing on Binance is that the active level of the coins on the exchange is very high, it may move in a matter of seconds.


Title: Re: Trying to invest in Binance
Post by: Malam90 on November 06, 2020, 12:42:55 AM
Don't diversify with too many altcoins. Why don't you want to invest in bitcoin? and are you holding your altcoins on Binance and leaving it there as is?
If that's what you do, for holding, withdraw it and hold it to a wallet where you hold the private keys.

Paypal is now supporting Bitcoin and other 3 altcoins. After this news, Bitcoin is on the green trend and almost every crypto lover admires Paypal and hopes a bright future for Bitcoin. Only Bitcoin holding for long term or short term is the best idea in my opinion. Diversity may sometimes gainer but i Prefer BTC holding that altcoins hold. Of course, funds should be kept in personal wallet with increasing wallet's security and private key should be kept in safer place.


Title: Re: Trying to invest in Binance
Post by: Alexmagn84 on November 06, 2020, 09:24:29 AM
The main issue is the altcoin that you will add to your portfolio. You ought to survey all altcoins value development and make a methodology. DeFi extends too where you can exchange for short or long. Begin contributing now once more, we would all be able to ascend after this pandemic and crypto market is the most ideal path for us to ricochet back monetarily.