Bitcoin Forum

I keep feeling hesitated and crypto keeps growing, enough is enough, I'm new to this space and I'm looking into investing in altcoins, I have 1200$ in USDT right now and I can only take risk with 200$, I'm looking into vechain and harmony, looking forward to hear from people on here, are these two altcoins worth the risk? Can vechain hit 1$ in weeks??

What are you going to do with the $1000 USDT? Loan them?

I don't know about Harmony but I've seen VET being discussed often in a crypto group that I joined (not some pump/dump or shill group). It's highly suggested to accumulate and build volume as early as you can.

It's likely but nobody can guarantee that (even the team members).

Lol, you expect a 1200% profit without accepting more than 20% risks. You are insaneeeeee
Just joking. All coin you see have potential to go up. Vechain is a good coin, but it has already earned 800% this year. If it tries to increase to $1, that mean it will receive a growth of 10000%. Harmony is also the same. What about invest in new project? amepay is a good one. And do not put all of your money in one bad. With $1200 usdt, you can split your balance to 5 smaller parts. There are more than 1000 coins/tokens on coinmarketcap and I bet you can find a good coin for yourself.

wow wow, are you another kind of student who is looking for a quick money to pay your study?
I mean let's be real here, vechain is at 0.08978$ at this time writing and you are asking whether it is possible for it to go 1$ in a week?
yes, it has a possibility since crypto is full of variable but do not put your hope into because everything is possible in here.
you might lose it instead of gaining profit.

if you are newbie, I highly recommend you to invest in Bitcoin instead of this altcoin. because altcoin is extremely volatile and dangerous.

DO not hesitate there are so many things to learn in Cryptocurrency even those so-called matured or old members are still learning new knowledge that is coming in, since you mentioned investing, you should be the one to do your own research, don't just follow and hear what they are saying check if the advice you are receiving is really worth it, the most important thing is to only invest what you can afford to lose, and you will only get comfortable if you know what you are investing.

Better to "risk" the $200 on useful cryptocurrency projects that have little/to no risk.   And I would invest that on True Cryptocurrency projects that are based on Bitcoin Principles/ideals like Decentralization, transparency, immutablity, censorship resistant, privacy/anonymity, safety, fair rules, permissionless/trustless,  public concensus, deflationary coins/token, etc.
If you find such projects, make sure they very useful, safe, have dedicated and well principled teams who will never compromise on the important ideals... then you can invest that amount long-term

To earn high profit easily in crypto is hard to achieve, especially when your talking about investing altcoins and youre new in crypto, because some coins is new and on its  process. It needs longer time to hold until gaining the high value in the market which needs patience and knowledge.As of now it is good to invest bitcoin because as we see its value,still on top and one of the most demand in crypto. For sure you will get high profit in it.

Is not it too fast for you to invest into the altcoins? Any altcoins are worth the risk and remember the rules investing in the crypto. high risk high return is applied on the altcoins.

1. vechin already pumped so hard and it's too late for you joining in the market right now. This will bring a high risk for your money

2. harmony is also getting pumped to the moon.

You should know the basic rules in the crypto, you should never invest when the price of coin reached the peak price.
Vechain will never able to hit $1 in a week.

A x10 growth within a week for Vechain with Billions of Circulating Supply? You better study tokenomics first before you invest to anything in crypto. Vechain and Harmony is a very good project since they are both blockchain project which aims to solve Scalability problem of crypto market but your target price is not proportion to the total supply of the coin.

No doubts, Investing on the 2 project above is a wise choice.

You can play safe and just bought btc and eth. If market go higher when these 2 coins will go higher for sure

Personally, I have not come across these coins and am investing in other coins such as BNB. Since there are many people around this coin now who are watching the BNB coin with interest, it will soon rise in value. So personally, I recommend investing in BNB and making big profits in the future.

$200 seems a good start for you to take the risk with those altcoins. Looks like you're only on that amount for a short term and check their charts but I doubt that Vechain will be $1 in weeks' time. The price is $0.09 and it will take time before seeing it go $1.
If you think that it's not yet late on Ethereum then buy it, it's going to show the next few days how volatile it is.

Buy whatever coin you want but use stop loss. SL will save you money and time. Sometimes SL touches fast but don't worry you will get use to it and you will eventually know how to use it

Hello, in my opinion, both coins you have chosen are very promising and worth investing in them. As for VeChain, I wouldn't predict when it could break up to $ 1, but I think Harmony will have a big jump in 1 year or so.

In addition to these two coins, I would also recommend the EXMO exchange own coin, EXM.

Exactly, I have seen a few similar stories about investing in altcoin or even some of them invest in shitcoin and get burned heavily.
I am afraid they are a victim of influencer talking about how easy to double or triple your money by buying altcoins but in fact it needs deep of knowledge and patience to do that.
that was why I recommended him to start it with Bitcoin because newbie needs to learn what he is dealing with before jumping into it.

Look at BNB this mont they have many events coming up, this will make the price going to the moon

Harmony and VeChain is good also

It can go up to $1 but not that fast

SL means he wants to keep his money on exchange site but this is not the point.
Remember about keeping our fund on the exchange site will give us a very big risk consider there are lots of exchange site that got hacked in the past.

Remember this words " not your key and it's not your money"

The account can be blocked anytime. I think that creator of this thread must know about that

With the many suggestions that have been given by other members above, the OP should be able to have an opinion about the two tokens he wants to buy.
Maybe the OP entered into the crypto world as a result of stories of people who can gain money from altcoins so that you think it can also work on your activities in crypto. If Vet touches the price of $1 then the VET market cap will be $64,315,576,989 (based on the token supply) which will make this token rise and can even beat BNB, the possible price for VET in a week from now is $0,1 or more but will not touch $1 just a week.

the two altcoins you mentioned are actually good on the market. but you have a choice more likely than the two tokens.
to be honest there are more assets you deserve for a beginner. just try on the top market assets first before trying for other altcoins that are more specific.
but for the two assets you mentioned, they are not bad. but do not rush to get profit in a short time. it can be frustrating.

You need to take some extra Risk if you are expecting profits more than your risk as you want to invest $200 in altcoins and expecting growth of funds with 1000% in short span of time.You can put your investments in some stable and good coins and take out some portion to invest in Bitcoin also which will give you immense returns.Vechain is good project but at this time it is already trading at $0.09 and grown 800-900% already this year and can witness correction or drop anytime soon and this might lead you to panic selling.See this chart of CMC below

https://i.ibb.co/gRnNdCC/Screenshot-20210402-184558-01.jpg (https://ibb.co/kSdjJFF)
 (https://imgbb.com/)

Moreover more than 800 nodes have voted to reduce the VechainThor's Base gas Price as it will be next step to determine the future of Vechain.You can surely invest in it if you want to Hold it for long term as we can see $1 most probably by year end if same pace continue.But don't depend too much on alts.

We can suggest different tokens in the market but it's always your job to check every token, every platform and every goal that they want to their project. You must have a lot of knowledge in crypto investment. Some tokens become suddenly delisted after a year of being hype. Some crypto might be hack because of poor security and don't forget about the scammers. It's good to know that you have the right way and knew about cryptocurrency, don't forget to seek new learning every day. Vechain is an excellent project, no doubt. You have the right choice, I might also consider Vechain in my crypto investment. 

These might give you great gains research them ALL TOP 100 NOW Accept Venus which could go so high could be yor biggest gain.

Polkadot
Venus
Litecoin
Flow
OMG Network
Solana
Cosmos
Decred
Kusama
Lisk

ALSO GET INTO THE COINBASE STOCK IPO LISTING!!! APRIL 14, 2021 YOU MIGHT WANT TO PUT THE WHOLE $200 IN THAT I FORGOT YOU ONLY USING THAT AMOUNT. JUST GET THE COINBASE STOCK AND RISK ANOTHER $220 AND BUY 1 LITECOIN. JUST MY ADVICE YOU WANT TO TRY TO GET A WHOLE COIN OF SOMETHING THAT OR BUY POLKADOT MIGHT BE YOUR TOP GAINER. YEAH BUY POLKADOT OR LITECOIN YOU COULD BUY 1/2 A LITECOIN AND 2 POLKADOTS. SO MANY WAYS TO APPROACH

Well, if anyone can answer your question correctly he should buy Vechain now instead of going up here and offering advice.
It's best to make your own judgment when deciding to invest.

As a noob then you should have these things in mind.

- Dont let yourself fall into others suggestion or simply with those shills and recommendation
- Invest on the project you do seem to be worth of your money
- Lent some time on making out some research
- Its your money so you do have the full right on what are the things should be done.

Suggestion? If you do see that VeChain would be that worth then go ahead but it isnt bad to make out some investment
mostly on top altcoins in the market though.

I hope you were right about your decision coz for that $200? You are making yourself wasted. Yeah, $200 is just a small amount at this time, most of the altcoins are increasing, what you can buy with this amount? And why you just realize entering crypto during this time? We are already in the bullish season and, to be honest with you OP, this is not the best time to be here. Not to discourage you but I'm not really confident that you are trusting yourself in here.

Just a piece of advice, Maybe you come back here when the bullish season has ended so you can buy a lot of coins with that $200.

Vechain is being pumped very strongly and I think it will have a correction, buying Vechain at this point is very easy to get you into FOMO.
I think Vechain cannot reach the price of $ 1 within a few weeks and should not invest in Vechain at this time.

when you look at returns you need to consider risk. when you look at the potential risk-adjusted returns, it's obvious you should just be holding Bitcoin and maybe some  other coin with a significant network effect

if you're getting bored with bitcoin's volatility you can use leverage, which is effectively the same thing

if you do hold altcoins you better decide where your exit points are before you buy them

It doesn't matter how much you have but how much you're willing to risk.

If you say you have 1200 but re willing to risk only 200, you should begin the thread with I have 200. The money you invest is the money you risk. No risk means no investment.

I'd say go for it, but if you have money and no bitcoin, my answer will always be get bitcoin wigh half of your money and then try to get some alts.

The OP is asking for opinion about vechain and harmony. Not really the highly suggested ones in this forum. At a current price, vechain is only 9 cents and the OP is aiming for $1? About 11x in few weeks? That's very unlikely and right now, the price is going down, instead of going up. Whereas, harmony is also at 22 cents. Though they had a very good price increase last month, I don't think $1 is also on the table here. The OP should check out their development progress and see if there will be big updates coming up. He can diversify his portfolio and use that allowable $200 to different coins.

It is uncertain, we can't expect such a rally to a shitcoins. $1 is far of its reach and I think that OP will be bored waiting for that moment to come and it happens to sell it in no time. Maybe it is time for OP to change his mind and diversify his portfolio earlier. There are a lot of potential coins in the market that could really give back to what he wanted to happen. A wrong choice of the coin is the most reason why we fail and that might happen to OP if he will continue to invest in Vechain and Harmony.

For beginners you should learn how to analyze the market using technical techniques because if you have any amount of money and invest without having a pattern then of course it will hurt you.
so the main thing you have to pay attention to is this. No matter how good the suggested altcoins here, all can do the analysis. but if they can't be sure they will waste their money.

Even the most optimistic cannot think that Vechain can go 10x in a few weeks, if you wait for Vechain's price to go up to $ 1 I think you should wait until the end of 2021.

I wish I was a novice from the beginning of the bull market. If you're a newbie, you won't worry about TA, FA, etc. You'll just buy and keep and hold to x10, x50, x100... That's why newbies in the bull market made more money than almost any investor.

In this bull market, I just increased my balance by x7, while one of my colleagues, who knows nothing about trading, increased his balance by x25, which is really unfortunate for a "trader" like me

Yes, the market is doing very well, it seems everyone can make a profit investing in a currency.
However, I am sure the market will have a correction, altcoins with too high a price will need to adjust the price.
So should not invest in Vechain at the present time.

With $1,200, you can buy many low coin prices, which has the potential to increase. Vechain and harmony can be the next potential coin, but you need to research more to find if that project has a bright future. I think both altcoins, vechain and harmony, but all of the altcoin and even bitcoin have a risk that you should accept, only by accepting the risk and knowing how to manage the risk, so you survive to make a profit. But if you can search for the other coin, that will be better for you because you can compare with vechain and harmony to see which coin will be potential in the future. But you can not expect to see both coin, vechain and harmony to increase in this week because that will depend on the market itself.

you choose the right altcoins buddy,
but i suggest you to do your own research on binance coin, because this coin is the best ethereum competitors now

Because of its huge market cap, that holds for the price to grow higher. I also think that the Vetchain coin will never go ever that easy and that much more if the altcoin season will be over (soon).

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If I were you @OP, I have to choose other coins that have been proven promising and that already have a stable market demand for a very long time. If you don't mind, make a choice on the leading coins including Bitcoin and it can assure you that your money will be safe and it will grow. Well, that also matters how you manage it.

First of all If you're investing in a well established altcoin then you don't need to hesitate much because good and well established altcoins always have higher probability to grow so on this basis Vechain and Harmony might be a decent investment option for you because both are very progressive altcoins hopefully your investment in these two altcoins will be beneficial for you.

Something if it starts with doubt will not produce anything, there are many things that can be learned in Cryptocurrency, even so-called members who have long struggled in this field are still learning new knowledge for future conditions, because you mention investing, you must be someone who Do your own research on the object that you will invest in, don't just follow what people say, observe and choose which advice is necessary for your guidance, the most important thing is to only invest what you can afford to lose, and you will feel calm if you are right - really understand what you are investing in.

he got those good  coins and the market movements are positive though some corrections might take place,

but also taking some time in doing your research gives you a much better overviews to those potential coins

to invest your money, most of the time, it's about how you deal with risk and how willing you are to take it

while you are inside this market.

Always learn and keep learning, friend. Investing in cryptocurrency looks very easy, but if not equipped with in-depth knowledge then the risk is huge.
The two coins you mentioned look really good, but you are too late to enter there, because vechin and harmony already pumping really hard.
If you are new to crypto, try to invest safely. Btc, Eth, Bnb and Polkadot will be an ideal investment for you.

IMO, for a newbie (i'm a newbie too) there's no way to get a "quick profit" if your money is not much enough. Also, if you're going to investment with a lot of money, there's a high potential loss too. first learn about crypto investment (and the other investment) => high profit = high risk. I remember when i first invest on bitcoin around 2013-2014. I invest then i leave it like nothing happens. Then i came back when BTC was hype everywhere and got shock when i saw my btc value  ;D

Right now, the market is doing very well, it seems every coin can make a profit for you but just invest safely. Don't put all of your money in one coin. You can choose BTC, BNB, ADA (these coin is hype in my place), etc. Follow news, learn analytical, read forum, and your choice is good enough but deal with the risk if the situation is not going well / different from your predictions  :) Cheers, mate!

The question is, when you decide to invest $ 200 in vechain and harmony, have you done your research on those two cryptos first? or you just get carried away by Fomo which grows just because the price has shown an increase. doesn't that look more dangerous and have a high risk.
it is better to prioritize learning the crypto you want to buy rather than going with the trend. because it is not a good choice in investing.

do not rush, you will not be left behind if you think more carefully about making decisions.

Indeed, knowledge is important for you to grow and succeed in your goals. There are lots of people who are putting their money on cryptocurrencies without knowing the risks of it because they don't any important information that they should know before doing it. We all know that there are lots of cryptocurrencies out there but not all of them are good for investment, that is why you should study and learn everything that is important to know when it comes to investing so that your money will grow. There are things you should consider before choosing and investing in a particular crypto project.

If you are newbie dont put your money in to new project, it is too danger. Try to put in to top 10 altcoin which is good like polkadot and bnb, or maybe ethereum. But for ethereum $200 is not enough if you want to send it to your personal wallet ( gas fees is so high ) i recommend BNB or dot.

That is what I suggested to someone recently, told them to find a coin that has a constant amount of increase in demand, something that is not as big as bitcoin or ethereum or bnb but something that is small but growing small by small. He told me if he was capable of finding something like that the ywould not be asking me. This is why I think the advice itself is great but I think it is not really easy to do what we advised, that doesn't mean that we should not be saying the same things but that just means maybe we should have few examples to give the people in order to make it more clear.

I am very much against telling which coins to pick but at least give examples that would be better from the history, that way we would be saying like "look at how bnb increased" and that would be fine. This way they will see how it always had some interest even though price wasn't this high and it got higher eventually.

Big profits are made by those who know how to wait. You, as I see, do not belong to such and want to get everything and quickly. Any investment in coins is at risk, and instead of getting a profit from investing in vechain, you can get a loss in a week. And someone else, after a few months, will get a profit from investing in this coin, because he knows how to wait.

This is the importance of being patient in investing, we are required to be calm in observing the market, do not rush and be reckless in deciding to sell existing assets just because their value drops, where there will be a time to fall to grow.

Dont do this bro, crypto is high risk. if u want profit 1000% , also u can got loss 1000 percent too. better u use 25 percent your money to  take your risk

If he can learn many lessons available on many sources, I am sure he can minimize the risk and he will have a chance to make a profit. But I agree that he does not have to use big money to invest in crypto or use the money for trading before he learns something about crypto. That will help him avoid the big loss, but he needs more experience to analyze better because learning without practice will not be good. Using 25% of his money will be recommended as he needs to practice and familiarize the market move.

it's hard to say, it's better to make a balanced decision yourself, so that you don't shift the blame to others, study the projects and the road map yourself and see how you make the right choice.

If you really feel it that it could be profitable go for it, as long as you are aware the possible outcome that can be have a huge losses or could end up a huge profit. Being part of here is need to be strong enough to the possible outcome somehow it could be all or nothing situation as you try to invest the coins that you choose.