Bitcoin Forum

Dear Members, I am planning to invest $1000 to buy few risky coins with a good possibility to grow. From your perspective, which of the above coins have better potential to grow. Would you split $200 between each of the coins or rather buy 1-2 projects? You may vote for few projects. Thanks

frankly, all of the things you mentioned in the list are unpromising projects for me. It may make money in the short term, but I can't even say anything about it. Because while dog coins can make the nation millionaires overnight, they also cause the people they make millionaires to go bankrupt overnight. For this reason, I prefer none of these. There are dozens of cryptocurrencies and projects in the market, both with a solid team and already proven themselves, waiting to explode.

totally agree with you, I hold few solid coins but looking at insane grow of some shit coins thinking to gamble a bit.

With the amount of money you are about to invest, it's not recommended to invest in those coins because those are one of the most dangerous coins to invest because they don't have any product to offer. They just simply rely on tweets and recommendations from influencers and if you invested late, expect to totally lose your capital. I think if you don't really care about your money and you just really wanted to play with it then go ahead and just diversify it with 2 coins and don't rush to invest just wait for the good recommendation perhaps they can give you some idea on where to invest your money.

Personally I vote for none of them. I can't say that I am a conservative investor and I also invest in something risky sometimes, but I think that meme coins are the worst choice. I am not sure if they are not scams as there are many scam projects that launch their own meme coins using hype in this sphere, but I think that people don't really believe now in meme coins apart from shiba and dogecoin, so I would rather you chose something with a real use-case.

I see your list was pump in the last few days right? Actually I don't want to invest on those coins for a long term, maybe I could go along with the hype and have some profit but I really doubt on those coins if you are planning to hold it for long term since there is no specific use of that coin and where you can use those coins.

My suggestion if you want to risk your money to invest on hype coins like those coins on your polls, don't do it with a coin that already have thousand percent growth before and already listed on exchanges, but you can looking for new hype coins which is really new and not listing on any exchanges yet or just listed on small exchange. I will recommended luffy inu and kishimoto inu because they are on hype right now and their community is growing quite big.

Disclaimer : this is just my personal suggestion, investing on hype coins is so dangerous, your chance to get profits is just 10%. Do it with your own risk

Well none of these in my interests tho, it's very risky to invest huge amount of money to those coins but it's acceptable if u have a lot money to spend and invest to those 3 of 5. Use your money wisely if there's already good coins with good potential (not a meme one  :D), why not ?  

From what I can see, all the choices you give are not at all good so I don't dare to give any recommendations on it unless there are good coins that don't fall into the category of memes, because all those choices are meme coins which I myself do not dare to enter into it.

honestly it's dangerous ! put shit coin in your basket and start now when the price is high enough for shit tokens ,but with some risks you seem quite understanding but not wise if it's 1 or 2 projects straight away ,my suggestion better break it down 10 projects have it split 100 usd added some shit tokens to the poll

TBH for some members here those shit coins were bad choices to be used as investment but I know that you were starting with small amounts of money and you wanna make it becomes bigger from time to the time. I have been voting for yooshi and dogelon. Both were very well known by various community and in this case I were also seeing the hype around yooshi and dogelon. Both have not yet listed on the major exchange site (binance)
1k can be considered as small amount money but those are still having a few billions marketcap but yoohi has less than 1 billion marketcap. This potentially to go to the 1 billion mcap.
That depends on your decision. If you are feeling good with a few coins and you can also divide your money to the these coins. Just try to divide your money based on how many projects from your list that makes you feel convenience with it. I will say that only a few tokens from your list are worth to take a look at. Becareful with any shitcoin eventhough that has billion marketcap.

if you feel that it will be profitable then do it but don't forget that it comes back to your risk and momentum when entering and exiting.
when you master it why not to do it because it is here free to do something.
but when talking about suggestions I don't think I will suggest it if you still don't know the project clearly.
on the other hand I also think there is no harm in saving $ 20 / $ 30 there.

If I were you, maybe I would use $1,000 to invest in the other coins and not invest the coin on that list. Maybe I will select BNB or SOL or DOT or another low coin price because I am unsure if that list can increase in the future. Maybe the coins in the list can increase because of the pump but we do not know when the pump will come.

Divide your $1,000 into several parts of the altcoin will be better than investing in that coin using $1,000. Unless you can accept the risk of losing your money in the future, you are free to select all of that list as your investment. But do not forget to invest in bitcoin as bitcoin price can increase higher in the future.

Honestly, those coins you listed OP isn't gonna get you anything and are nearly considered as shitcoins. Let's say you'll profit from those projects/coins you mentioned, still it won't last and can't give you the competitive returns that you wanted.
It's good thing that you have posted your plan in this forum because you could've wasted your $1000. My friendly advice is do some more research, gather facts and informations of which coins and projects should you really invest and can give you promising or competitive returns than the ones you choosed. There are plenty dozens of coins and projects out there that's more feasible.

All the coins on the vote were inconclusive. If you want to put assets there, you will definitely use cold money, put all the money on all the coins you mentioned with a small amount. For example $ 20 per coin, you can have it all.

From my point of view buying these are more likely to lead to the fact that you will lose your money. You are more likely to lose some of your funds buying one of these.
This is already a casino and not an investment.

I voted for "None of those" like almost everyone that answered the poll before. The reason for that is quite simple, you only listed meme-coins, or as many call it sh*t-coins. I know you said you want to invest in "risky" projects but that does not automatically mean that they have to be another sh*it-coin with zero functionality. You need to be aware that 99% of those meme-coins will be dead pretty soon so this would mean a total loss of your investment. Yes it is true that Shiba Inu made a lot of early investors very rich but that was an exception and all those meme-coin copies that are appearing now each and everyday will have no chance to repeat that.

None of those choices are really investment choices. Most of them do not really offer anything new to the crypto space other than being a highly marketed coin that is really overvalued.  That being said there is benefit of putting some money into them near support levels and waiting for the next pump, but it’s highly speculative.

If you are really in to this shitcoin game investment. You can minimize the by choosing a well known shitcoin or a proven that has a power to have an insane gains like Dogecoin and ShibaInu. I honestly guilty on investing on this kind of coin sometimes but I only allocate around 20$ below and consider it in loss. I do it instead of betting in futures since there's no liquidation while you can gain an astronomical profit if you got lucky compared on futures trading.

I suggest that minimize your investment to below 50$ and buy only a shitcoin that has a consistent good daily trading volume. Never participate on an IDO!

I would split that money if I'm looking for these type of coins so that I won't miss any of them. But it's hard to know which of them will give more of losses instead of profit.

I understand the strategy that tries to kick you and trying to get along with the pumps that are happening while they're still here in the market. You just don't miss every opportunity when any of those got you already a profit.

I realize that this is not an arena for gambling and indeed the coins you mentioned above are really coins that all need pumps and fomo to make them go up.
but I also want to try something like this because it never hurts to try.
i invested my money in baby doge as much as $30 there.
I do not plan to invite anyone because indeed this is a fairly high risk, and this is not justified and even tends to be avoided.
but I just want to try it, regardless of lost or my money doesn't come back, I don't have a problem because this just wants to solve my curiosity.

Yes, best advice IMHO is not to speculate but to invest in an already existing strong project that popular opinion on it is that it will yield results. I personally do not like to invest in more than two projects at a time so if i were to be the one with the $1000 to invest, i will invest more on Shiba and SOL.

 (My opinion at this point, it is subject to change in the future)

Except those aforementioned tokens are somehow related to metaverse then No, right now, metaverse games related projects are the ones pumping while most of the market are in red, I think metaverse is the latest trend in the crypto space right now and holders of this projects are in great profit, projects like MANA, SAND, PYR, SFUND and more are performing great.

If I had $1000 to buy any crypto-currency, I know I am not a crypto-currency random investors, but I wouldn't split the capital into five ways because I already know the crypto-currency I want purchase with it, I would buy more of Bitcoin as always like 65% of the money would be for bitcoin and then 15% will be for ethereum the rest would be shared to meme coins

it should be like that because indeed I also feel that bitcoin is a mandatory thing that must be owned the first time.
talking about mem coins, even 20% is too big to spend there but really to try, why not because this meme I think is really like gambling.
need luck and good positioning and choose the coins that will be selected for

It's not of all projects in your list worth to be bought with your money. Stick only on the popular shitcoin that is still having low marketcap. This will be decreasing possibility for rug pull to happen. I have been giving my vote and i was also putting small amounts of money on it right now. It seems like yooshi has good fundamental but for me the shitcoin competition is just about the hype.
It's better to divide your money into the 1 or 2 or even 3 projects that already become popular among the investors rather than divide all of your money into the all of coins.
Meme token absolutely pegged with the hype. if there's no hype and then it will not be pumped like what shiba inu did. The thing is changing slowly. people are seeing the new popular meme token as opportunity to multiple their money easily.

I'd recommend that you just quit dabbling with these coins altogether.

It is clear that you want to chase extremely high returns in the short run by the looks of your portfolio. I think that it is extremely risky and the risk-adjusted returns that you'll get is simply going to underperform holding some other coins with materially better projects (e.g. Sol, ADA).

Heck, even owning Doge than these things will likely lead to a better long term outcome.

I'd be curious to know why you listed those specific coins. There are much more hyped projects gaining traction at the moment - either in the process of mooning or available for initial offering soon.

I don't know how you do your research to choose projects, but I think from all the project choices you mentioned, nothing is promising.
I prefer investing in top altcoins which are definitely much more promising. Moreover, your capital is quite large, it is very unfortunate
if you have to buy coins that are not potential. Maybe you expect from the coins of your choice, some can pump very high. Maybe this
will happen, but the chances are very small. But the decision is in your own hands, if you really believe in the coins of your choice,
please just invest in the coins of your choice and you have to be willing to take the risk.

Thank you all, finally decided not to buy any of those coins  :)

None of those is winning. Good sign. Investors are learning and they are don't have the "quick rich" mentality anymore.
It may be a slow learning process but it's working quite well.
Before was not like this, if all of those coins listed in the poll was in the process of an ICO then the votes might have been divided.
History made a big impact to never just invest blindly, all those scams attempts should not be forgotten and be a lesson.
Good choice.

I'm surprised when you plan to invest $1k into memecoin, but it's your choice, I think you can split it into 3 to 5 portfolios, for example Babydoge and the others listed above.
Choose a coin with strong fundamentals, there are still many coins that have not been listed on the Cex level 1 exchange, you can see it on the dapp radar by selecting the coin according to the category you want

Yeah, do not even plan it. You're risking your sanity as well for people that will blame you in the future, thinking that they will be rich within a week or two just because of the volatiles market and those pump and dump schemes that don't even need to exist in the first place.
I see you had invested as well in a meme coin.

There are investors that are in the craze of meme coins and might find their fortune through it.

With that amount to invest, I'll choose the cryptos that I really know and believed on. If it's for the altcoins, since the gas fee for ethereum is quite high.

I'll buy it AXS and SLP as they're increasing lately.

Those coins are not recommended to buy, especially for newbies.
But honestly, I spend a very small amount of my money to speculate with Safemoon. I heard Safemoon will be listed on a top exchange in the near future, so there is a chance for the price to skyrocket. It is not a suggestion to buy Safemoon, I just share what I did with one of those coins. But you must know, I won't hold the Safemoon for a long time, will take profits as fast as possible.

None of those in the poll. If you really want to take risks then consider those coins that are showing a good volume on a daily basis on the market. For example, in Binance, you can check what coins are performing well today.

At least you won't be ended up on those coins you put on the poll on which I don't understand where did you that list.

I ma one of those who voted for Non of Those
Not because of following others. But exactly, if this is for an investment, I will really think and consider more carefully and wisely.
Do we know that investment is very risky, so why should invest in risky coins?
Afaik, those options are part of hype coins and in my personal opinion, hype coins are very risky for long-term investment, because they commonly will play pump and dump. Although maybe there may probably be a coin or more that can grow rapidly and become top coins, but this is too gambling and we really can't ensure it.
Why don't you spend your much money to invest in top coins?

My recommendation is Sovryn - it is becoming a complete protocol suite of tools for decentralized finance, including lending, borrowing, dynamic tax assets, lauchpad, Scaling Bridges, Bridges…  .. I will not vote for trending “MOON” coins, ultimately for altcoins that can see Moon before defi on bitcoin is viable and worthwhile.

I feel like I'm going to keep saying this until I turn blue in the face and pass-out. Stop investing in pump and dump dog coin scams. 99% of the time you are going to get rekt. Invest in projects with real world utility, like NEAR, FTM, IOTA, REF, 0xMR

Sorry please, but I vote for none of those projects. All of them seem very risky for me. Think, if you want to buy any of coins you mentioned, you have to decide by yourself or you  will be very upset that you didn’t do your own way. The only thing I can advise you is to insure yourself by stop-limit order not to miss sudden drop of the coin and  not to invest all money in one project if you’re not sure in the project.

Why are you interested in tokens like that. I think there is no pump without being based on team performance. I see most meme tokens are only developed by a small group of people. You have to look at the influence the team has on crypto, or at least the influence on crypto with the platforms they develop. Maybe I can't recommend any of what you mentioned.

I don't recommend any of those tokens. All of these tokens are very far in comparison to Dogecoin even though they are basically at a low price. The advantages of Dogecoin are coins with a core blockchain, can be mined, transaction fees do not depend on the high and low prices of other coins, can survive in the crypto market in crisis market conditions before and after the 2017/2018 bull run. So all of that is not owned by the tokens you mention, so it's far from likely to get serious attention from these tokens. We recommend that you use $1000 in low value Tron tokens at this time. Most people are stuck with the dogecoin hype these days. And they will buy any meme tokens and hope for a new sensation to happen again.

none of the coins interest me. safemoon is good, but it won't make much profit. and the rest are just shitcoins imitating the famous coinmeme. so nothing good to invest. with 1000$ you should have much better options, than the coin you mentioned. or buy a shiba Inu today is also not too late, the price is cheap and it's still hype. or you can buy coins from developing blockchain network projects like solana, aurora, Polygon, and so on. this is much more profitable than betting on shitcoins.

You know its not advisable to invest in these shitcoins because its too risky, so I voted to none of them. I undertand that you want to try out these coins to have huge gains like those investors who managed to earn by selling at pump price. But it doesnt mean you can also earn like them because you'll never know what will happen with these shitcoins.

So better to invest your money to a worthy coins that has use case because its not a pump and dump scheme.

Perhaps his original intention was not to let us vote for the currencies listed by him, but simply to post a post, a post with enthusiastic attention.

I suggest you stop buying garbage and invest in something like REF or BOO that can be farmed. I'm earning 50 usd per day on Ref Finance and 15 usd per day on Spookyswap. You could also stake. I'm earning 100 usd per week staking Songbird.

If I have $1000 to invest in cryptocurrency, It wouldn't be on any of the ones you have listed. I believe this is still the problem with some crypto investors just willing to throw away funds all in the name of making millions overnight. Even if you intend to risk some funds Investing in shit coins, I don't think it would be a $1000.

There are a lot of people who agree with you and me, we all believe that these are shitcoins and nobody should buy them, it is obvious that nobody should even touch these tokens. However the very reason why this topic was created shows you that there are some people who actually thinks that there is a good reason to buy these tokens.

I mean not a lot, between the poll started and 6 people who voted with other tokens, there is 7 people vs 24+ people who protested, which is around 20% or so that thinks that people should invest into these, not rare or unique opinion to be honest. I definitely disagree with them, I believe that they are all horrible but just looking at the results doesn't change anything at all, it really doesn't make our decision better just because we have the numbers.

Yes,Analyze the projects they offer.
look at the roadmap, see also how they offer their project to the market, do promotions or hire the services of influencers..
and much more to learn.