Bitcoin Forum

I am so elated each time I come into this forum and see thousands of members who are already outside the matrix doing great things and doing everything possible to get the novice and beginners up in the crypto world. I want to put it out here Iro know if possible we can get to know the intending coins that one could invest into against 2024. We need a good crypto analyst of wall street standard.

Are you intending on investing in shit coins? If yes I do not advice you do so as they can dip exponentially at any time which can result in high losses.Also it is important for you Op to understand that crypto investment doesn't always turn out rosy like you see in the movies.Op I suggest if you want to invest invest in Bitcoin and invest what you can afford to lose because although Bitcoin has been the best so far it still is a crypto currency.lastly op do not rush into investing without first understanding what you are investing in .

OP Bitcoin is the only coin that is trusted by everyone in the crypto space, even though there are a ton of intended coins one may consider investing against the year 2024. But if you would want to explore additional investing options through diversification, you can choose from the top 100 coins available on CMC. But keep in mind that you bear the risk(not that of another person) whenever you decide to invest in an altcoin.

You are here since June but now excited about bitcoin signal, I hope you are not excited about the new green candles all over the market.
If you want to buy coins, you need to do a proper research about the coins you have in mind even if they make a suggestions for you. We have more than thousands of crypto available to loop out for but altcoins in specific gives more returns but are very risky and dangerous to invest because a month is too big to lose everything on them.

Bitcoin I know and I understand very well, because we are going to have halving that happen every 4 years, people look forward to see increase in it's price because miners reward will be halve which means that their mining reward is going to half and conventionally bitcoin is going to pump but this is not a guarantee to why you should invest, its just safe to buy bitcoin than altcoins.

Do you always take advantage of other people's opinions and rely on others? If so, you are likely to lose your money and not even realize why it happened. As long as you don't understand where and why to invest, no one can help you. Yes, you can listen to someone, but you should make the decision to invest in this or that asset only yourself. The abbreviation DYOR exists for a reason.

Your English is not good and you need to improve it first.

Cryptocurrency market is different than Wall Street and stock market. If you want to hear opinion from Wall Street experts and use it for cryptocurrency market, you are on a serious wrong track.

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Each new market cycle will catch attention of new people who will bring new capital into this market. You must think of reasons why newbies join this market, it is because of Bitcoin growth with a new bull run. When they join the market, it's like too late to buy bitcoin, at least they think so and they choose altcoins.

They must be in this market like 1 or 2 cycles (4 to 8 years or more) to understand that altcoins are very scam.

Just in one bear market, How many cryptocurrencies failed (https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed)

It seems you are looking for a coin that can give you maximum profit in a year period. If you are new in the crypto space, you are likely to get fooled by so-called crypto influencers who will suggest this and that. Do not rely on others' opinions. Do not expect too much from crypto when you are just a beginner. Most of the beginners made lose in their first investment.

Stop caring about others opinion if you don't know anything about it. Do not rely on others or Eventually you will get busted. Bitcoin is the only crypto on the internet that is reliable in the long term.

I hope those spoken to will listen and adhere to what's said. These are priceless stuff being passed around here. It's one thing to take a horse to the river but no one can make it drink water if it doesn't intend to.

There are several users here who give insightful analyses but we must come to the realization that we all speculate on price and no one holds the holy grail when it comes to cryptos. Surprises abound in this industry. Most times, overlooked cryptos are the ones that give better ROI. The best thing now is get enough Bitcoin you can lay your hands on and hodl for the bull run. The expectations are pitch high.

Since you said you are a newbie then there is a need for me advice on several things that you need to know about cryptocurrency and its resultant risk, and that is the reason why you need to consider and manage your risk at all times, and at that also you need to place high regards stable assets, I stead risking your money on shit coins which may likely become scam where you lose your entire holding and this is what most must have to know before venturing into cryptocurrency investment.


And if I may advise you, then I will say that you should hold bitcoin instead of altcoins, I know a lot of people are looking for cheap, and risky coins for short-term speculations, but I want to let you know that, altcoins are high-risk investment reasons why you need to concentrate on long term assets like Bitcoin, as the best form of investment.

BTC is the first choice of everyone but there are many risk-takers who also exist in the market who want to take risks because they know with risk comes more profit and of course, more loss too but what remains there is risk without the fear of losing money.

Op you should avoid listening to others and do your own research because that would be best for you, you don't even share your capital and the strategy like whether are you planning to hold or trade. But in my opinion, BTC is really the safest place to invest in because the future is bright.

But if you are one of the risk taker then take the risk and invest in ALTs too because no doubt they are risky but also very beneficial too. In the end, the choice is all yours and the research is all yours, there will be no one to blame for your loss but only you so listen to our suggestions and do only what you think is right.

Lmao even those "wall street standard" analysts get things wrong all the time. What the smart investors recommend doing is always to just go with an S&P500 index fund; in which, in crypto terms, BTC pretty much acts as the de-facto S&P500 because of its heavy influence over the overall crytpo markets.

Hmm I am a movie lover, watched a lot of movies till now but never watched one in which one made huge money out of crypto as you said above. I was having the same mindset as you have now that ALTs are shitcoin and we should only go after BTC and should avoid trading or holding in ALTs.

You might read my replies saying BTC is better than ALTs and I still have the same feelings but ignoring ALTs might be a mistake. Because ALTs are risky and more volatile than BTC and there is no doubt about it but think for another second, if you have already invested some funds in BTC and now you have more funds then giving ALTs a try is not so bad.

As if you would have invested in ALTs you can make 2x in this recent pump of BTC where it goes from $25k to $37k while you can't make that in BTC.

I understand your desire to find someone to tell you or reassure you about a profitable investment that will earn you millions, but you will be the only one who will bear the loss. it is best for you to learn the basics of trading, technical analysis, how to choose the best platform for you according to your country, and then invest in the appropriate currency for the shortest possible to achieve success. and In the end, you will find that buying Bitcoin within next 12 months is the best investment if we ignore the risks or complications associated with investing in altcoin.

Knowledge is vital in the cryptocurrency market that's if you want to go far and you shouldn't let the opinion of others determine your investment decision always DYOR.
Having said that, this current market trend will be determined by the Bitcoin halving block effect and aside from that, you should always make BTC your investment priority because it's the only true decentralized crypto in the market.

The best coin that anyone can invest in in any year is Bitcoin, because from the past until now I have not found a better coin than Bitcoin so you can also consider Bitcoin as the best coin for you to invest in for the long term. You can make quite real comparisons with things like this where you try to research other coins and then try to compare them with Bitcoin which has been trusted by many people all this time. Surely you will find quite fundamental differences in each coin where Bitcoin will still be superior to any coin.

First bitcoin, then others, the ones i referred to as others are altcoins, which you have to take your time to make research about them before starting an investment, you also have to consider the risk that may be involved in making an altcoin Investment because anything can happen when we make decision on them, but when we choose bitcoin, all we need is to hold, have patience and safe keep our assert in a cold storage while waiting for market to pump.

Can you be more specific in asking for advice on your topic because I'm confused about what answer to give you lol. 2024 is just around the corner, but not all traders pay attention to all assets in the crypto market, the majority only pay attention to 1 to 3 assets and the majority is bitcoin, I still advise you to only invest in assets that already have a good reputation and are immune to inflation. like Bitcoin, don't be easily fooled by marketing phrases, let alone get caught up in tokens that are just based on hype. if you want to listen to my advice then you will have a good 2024 but if you ignore my advice then there is a big possibility that you will get rug pulled by shit tokens lol.

I'm having a hard time understanding your post, but it's ok. I also have some difficulties in constructing English sentences as well. Overtime, as you read threads here, and share your opinion thru making a post, you will learn how to make proper, and better sentences like I am (though I'm still not good either) . :)

Back to your post, why do we need an analyst of wall-street standard whatsoever? Hire me, I'm also an analyst. I make predictions base on what I see on the market. :P Kidding aside, whether it's an analyst, an expert analyst or an Average Joe, they only do one thing in common, and that is to predict the market. The only differences is their explanation towards their prediction, but still they can't predict the market with 100% accuracy.

Just focus on Bitcoin I guess, and if you will try to buy an Altcoin, go with Ethereum only. That is if you're a newbie.

This is the Beginners & Help board and no one here will advise a beginner to invest in any altcoin aside from bitcoin which is dependable and has high tendency of profitable in the long run. If you want people to advise you on other altcoin to invest in, you can drop and ask the same question in the altcoin section. As a beginner, just focus on bitcoin and don’t invest in any altcoin, this is a candid advise.

I will request OP that kindly rephrase your statement because It's very hard to understand,what you want to say. Regarding your searching about potential coins for investment leading up to 2024, I would like to tell you that Bitcoin is the only coin which is often regarded as the most safe and most established cryptocurrency. Some other coins like Ethereum,Matic etc also also good coins but these tokens can collapse any time just like Luna which BTC is the only totally decentralized coin and adopted by huge investors.

Daily so many new coins are launching including meme coins and it's not easy task to find a profitable token amongst thousand of projects. It's possible that one project gives a huge Profit in less time like Shib, doge, floki etc given but you have to invest in more than 100 project and who care it. I will advise you to keep your fund in btc for long term.

It is good you asked this question here because this forum should be the best place you can receive expert advice from people who have been there right from the early days. I don't know how long you have been in cryptocurrency because the longer you are, the more experienced you become. Actually, if you have been long enough, you would realise that sk many things have happened as regards cryptocurrency. People have lost fortunes by buying the wrong assets and this make highly risky investing in any other thing apart from Bitcoin.

It is possible to gain from other coins but choosing which one that will not fail you can be very challenging because even some big coins and tokens failed investors. Therefore, I will recommend you buy and hold Bitcoin for the sake of your peace.

This forum is not like Youtube or Telegram or Instagram where finfluencers will tell you which coin will become the next multibagger.
Most people here believe in bitcoin and suggest to invest in BTC only. There are few altcoins like ETH which stand out from other altcoins.
But some people stick to BTC only. But yeah, don't fall for new altcoins which promise high returns.
My personaly suggestion would be to stick with BTC, ETH and may be just a little tiny bit in BNB.

You are a beginner and this question you are asking in your early stage in cryptocurrency investment is very good. You asked a very good question but as a beginner, this is not the best for you to go for, there are other important things you should know before jumping into investment at this early stage. If it was important to you to invest, you should invest in no any other coin asides from bitcoin. It is the only one that has the potential the breed profit in the future and no any other cryptocurrency. Every other cryptocurrency build on the market of bitcoin but can only trail on it and cannot be it. What I mean is that; bitcoin is the consensus of every other coin, when it moves others follow suit and when it falls they still do the same.

Along the process, many of them that cannot adapt to the change of the market often quit the market and your investments in those coins leads to total loss. Why then invest in a coin that has no future potential to make it in the future. If you invited to this forum and the Bitcoin community that you will make a lot of money, it doesn’t happen overnight, it will pass through some process which one of it is through investment for a long time and the best coin for that is bitcoin. So as a beginner, if you’re here to invest, invest in no other coin but bitcoin. If you come in as a trader, just know that you are in for a bigger risk to be faced in the market than just investing and holding on to your bitcoin.

Bitcoin will remain the main investment in crypto. People still choose Bitcoin over altcoins. If you want to invest your money in altcoins, you can do it, but you have to be very careful because not all altcoins can increase in price.

And not all altcoins can stay in the crypto market so if people want to reduce their risk of loss, they can invest in Bitcoin. When investing in Bitcoin, you can use the DCA method, which has been widely explained in this forum. The method is also suitable for beginners who are just learning to invest in Bitcoin.

Diversification in investing can provide big profits but you must have the ability to analyze altcoins that have the opportunity to increase in the future. And it won't be easy to find it because almost all altcoins want it. But unfortunately, only truly capable altcoins can gain a position in the crypto market.

I think there are no specific standards if you want to invest in the world of crypto in choosing coins/tokens and what @tranthidung said following the graph is correct.

So. OP. The standard is how you put yourself in the best position to trade and invest whether in Bitcoin or others, and that is the main standard that must be carried out if you have invested later. Another addition is to be patient and disciplined in what you plan and don't change it at any time.

Investing against next year need no much stress. We can either invest in Bitcoin or altcoins for us to make some reasonable profits from the market. Since Bitcoin is one of the safest cryptocurrency project in the market, it would be better if we invest more on Bitcoin and also add other altcoins investments too for us to get prepared for the 2024 bull run that is coming with full force. Investing in altcoins need us to do some research so that we are not going to make mistakes of putting our Money in projects that is not going to give us profits.

Undoubtedly Bitcoin. The investment you go for will be less and more risky. Let me tell you through a story, suppose you are sitting in a park. A nut seller is passing by you, now you want to eat nuts. Then he asked the almond seller to give me almonds. Here I will not tell you how much nuts you should buy. Now I suggest you buy $1 nuts to increase your body calories. In that case, if someone else suggests you buy $2 nuts, you get double the calories. You will know what calories you need. In the case of investors, no one will tell you that if you invest so much money, you will get so much profit. You have to decide how much you will invest. Investing will mainly depend on your personal opinion and belief. Whatever diagnosis you choose, it can be based on your confidence and personal motivation. Bitcoin can be the best choice for you if you want to invest for future earnings.

Your request is related to FOMO. You are likely looking for people here to point out some coins for you to invest in so that you won't be missed out on people who invest ahead of the year 2024.
Bitcoin is the best coin to invest in, especially for beginners that have no experience about cryptocurrency. Any other coin you want to invest in needs you to do some research about the project to see if they is reliable to invest in.

Long-term investment is the best, and it is mostly profitable on Bitcoin because it is the only coin that has stood firm since its creation for more than a decade now. Investing in Bitcoin gives you, as a beginner, peace of mind, especially if you cannot read and interpret market charts. Seeing that any other coin relies on Bitcoin price movement before they can move makes Bitcoin the best coin ever to invest in for the long term.

"Opinion of others ". That's a problem most crypto enthusiast fail to understand because I believe the crypto market is varsely unpredictable and no one actually knows what's going or what will happen and what everyone is just doing is just mere speculation on the market according to their own insight so relying on advice or prediction from big names in the crypto space or moves by the news on the media about crypto is just something that really gets me confused because you can be in very big shit if you tend to follow and make out your own research.

OP if you want to invest against 2024 I would always say invest in Bitcoin. I do not advise anyone to invest in any other coin other than Bitcoin. Many people are interested in investing in altcoins. Many say that altcoin investment is very profitable. I would say that altcoin investment has high returns but also has the highest risk. There are so many altcoin that all the coins have pumped hebby and died slowly so I say you don't need to take so much risk you should be interested in bitcoin investment with low risk.

It is of two different reasoning because before you get to Invest in any of the crypto sector, you must primarily learn the basic knowledges at first and then you can decide your intended cryptocurrency to get on otherwise, you can seek for a recommendation of a better crypto coin to Invest on.
So... You have the right of your "intended crytop coin" or "recommendations of a suitable coin".
So it is better you are clearly specific about your intentions here.
It is not mandatory that everyone one here must Invest on a particular crypto coin as there are numerous number of coins in active and lucrative but if you must be recommended to one, then I suggest you lean your crypto investment on Bitcoin because it is reputable and reliable with its high level of volatility to enrichment.

Nothing beats the top since bitcoin is always be the best option so provably you will always get this suggestion especially that people always prefer to have this. Also halving is going to happen so hype usually created on this season. Aside from that I think nothing is sure to get a pump since crypto is risky and market is volatile so you need  to do deep study so that you can possibly get a best coin to hodl intended for that year. But also be careful on suggestion given since even if they are telling some good crypto to have still you need to do your own research with that since even if the crypto have potential its still up for the investor on how they can earn since the main enemy of every investor is there emotion since that's how they create wrong decision so research is really important so you could provably know more things about what you are trying to invest.

Exactly bitcoin is the best to invest in and profit from, there are many coins that you can invest in but the one that is better is bitcoin, not only in 2024 but also in the next 5 years bitcoin will be the best crypto ever, if you have not started investing in bitcoin start it now before next year to get better returns because is only bitcoin that I believe will continue to give me profit when ever the price increases just try to be using 10% of your income and invest in bitcoin for long term in the next 3 to 4 years you will have gain profits with it, However, if you buy another coin that does gain value, I do not believe you will profit and you may lose your money since the volatile is not like Bitcoin where the price drops for a few days and then rises and you will absolutely profit even if he did not double your investment.

Inevst against 2024? Maybe you are asking which coins to invest for 2024 and 2025 expected bull run? Well theres a lot of option right now but definitely youll stick with known and blue chips coins like btc, eth, bnb and top coins. But if you are a risk taker then go for low to mid cap projects that arent experiencing some bull run at all. Chances that these coins might do a heavy lifting on bull season.

in my opinion, investing is not measured by time but is measured by profit, the point is to only sell when there is a profit, no matter how much time it takes, and I think if for example in 2024 the crypto market has not increased and we have not made a profit then don't sell it and Of course, it can be sold at the right time when prices rise and we make a profit.

I think bitcoin is the right choice because until now I think only bitcoin is the safest. I think that in investing the decision is in your hands, but if you are looking for information from reliable analysts, of course it doesn't matter, the important thing is that you have to be able to conclude what should be done to produce positive results in investing because in my opinion there are also many people who are good at trading and investment but still suffer losses. The point is, be yourself and be prepared for the risks that befall us.

For me, investment doesn't need analysis, I just need to look at the cheapest and most affordable type of crypto to buy and invest. This analysis applies if we do crypto trading, Maybe analysis is important because we need to make decisions, research, check things about the development of crypto itself that we want to buy, for example: Bitcoin.

Investment is generally carried out in the nature of savings, for example: you buy Bitcoin at a cheap price and wait for a certain time then you sell it, In investing, what you need to pay attention to is the basic price you buy and monitor its continuation so you can sell it, but if I may suggest investing in Bitcoin, maybe it's better for now and in the future.

When you advise the OP to invest in altcoins, you are setting traps for the OP because I don't know how the OP will do research to get the appropriate altcoins that the OP will be investing in. You know we have a lot of altcoins entering the crypto space, and most of them are scams. I can see that the OP is still a newbie, asking him to go on research. The OP might just end up listening to people's opinions and might end up investing in the wrong altcoin, so the best thing I will tell the OP is to just invest in bitcoin and have peace of mind. Investing in altcoin is dangerous, and we know no matter how strong a altcoin is, it cannot be trusted. So many strong altcoins have failed us in the past, and I am sure more are still going to fail us in the future, so we have to be careful when investing in altcoins.

Also, after safely keeping our asset in cold storage, we should make sure our private key is properly secured, because a lot of people have lost their assets just because they didn't secure their private key, so the OP shouldn't fall victim. securing our private key is really important.

Do you know Bitcoin? If you know, yes that's the answer. There is no better crypto than Bitcoin especially for investment issues, Bitcoin is the best. Despite the high price spikes in altcoins, their risks are much greater and no one guarantees that the altcoins will rise But this is quite different from Bitcoin. Bitcoin is value, we have proven how cyclical and consistent it is. Not only that, Bitcoin is the lowest risk investment compared to altcoins. So, if you still hope for coins other than Bitcoin, then you have to be careful. Don't choose shit coins that only make sweet promises but are actually scams.

There are many coins in the crypto industry, but seriously, the only coin I will advise you to invest in is Bitcoin, and that is the only coin that can minimize your risk in the crypto industry compared altcoins, which are pump and dump coins. So if you want to invest, I will fully suggest you invest in Bitcoin, because I also have some confidence in bitcoin from it past records that you will surely make some profits there, probably after some months halving occurred.
 
There are a few altcoins that have been doing great, but as a newbie, I will never advise you to invest in any one because I don't think you have the good knowledge to thoroughly do your own proper research on them to pick the one that may be a good investment in. But trust me, no altcoin can be used to compare Bitcoin, and that is why I ask you to invest in Bitcoin so that you have less worry about your crypto investment once you keep your bitcoin in a proper wallet, like a non-custodial wallets, where you have full control of your funds.

There is no need to explain much about the best coin to invest. For me the best coin to invest in is bitcoin. Button is the main purpose of this forum even as altcoin was added doesn't mean we don't know the best of all. The earlier you stick to bitcoin the better for you. Thought other Crypto currencies might be promising and beneficial to others but the fact still remain BTC. So don't get confused of it.

Instead of being confused about choosing the many coins on the market, it's better for you to choose Bitcoin. That would be better because you don't need to analyze each altcoin one by one to find the right one. By investing in Bitcoin, at least it can shorten your analysis time. Apart from that, you can invest in Bitcoin using the DCA method.

The crypto market is different from Wall Street because the crypto market changes every second. If you can't analyze it well, maybe you won't be able to find the coin. That's why you better choose Bitcoin as your investment. But it would be different if you have skills that will help you find the right altcoin as your investment besides investing in Bitcoin.

One thing we suggest to you is to only use the money you can afford. This is to avoid large losses because the direction of the crypto market is still uncertain. And when you want to invest, you just need to determine when you are ready, buy at the price range you want, do it regularly and don't panic.

It is not recommended for newbies to invest in shitcoins or damn coins that have no fundamentals in the market. Never put money in coins that have a high risk because it will greatly affect the trust of the people closest to you in Bitcoin and can also cause depression for investors. Only Bitcoin can give you peace of mind, Bitcoin also has the potential to give you profit.

Invest in stages, then you can set a target to sell it. Bitcoin is already proven in the market, many individuals, groups and companies hold Bitcoin. One more thing, always invest money that is ready to lose or cold money that is not used for other needs, always do personal research before starting to invest.

beginners in investing always think something big about Bitcoin. but they hesitate to put their money in Bitcoin because its value is already expensive. and that's what causes many beginners to switch to altcoins or the worst choice of shitcoins.
there is only one hope, the possibility of a bigger and faster return. Maybe it just happened to happen to some altcoins by chance. and the success of some of these altcoins has become a trend for the emergence of other shitcoins that take advantage of the situation. beginners would hope the situation would be the same. but in one case, it always ended badly.

Bitcoin remains the most trusted coin you can invest in at this time due to its stability and influence on the whole cryptocurrency market in general, other altcoins may get good performance over the years but then Bitcoin remains the most trusted and most assured for invest especially If it's for the long term.

No matter how many times you ask this question in this forum, 99% of people will tell you to invest in bitcoin because it is the only trusted and reliable coin to invest in and capable of making a profit in the long run, say 2024, as you anticipate. If you invest in any other coin other than bitcoin, you are already gambling with your money, which may or may not yield a good profit in the long run. If you feel compelled to diversify your investment into altcoins, do your research thoroughly, understand the risks involved, and be mentally prepared to face the outcome of the investment if it does not work for you as planned.

Did you know that Wall Street is a market filled with manipulation and speculators!

Apart from Bitcoin, there is no more decentralization of assets that are truly not controlled by a company or person, altcoins are indeed tempting but full of manipulation, so investing in Altcoins has a much greater risk of loss than investing in Bitcoin.  My advice is that if you really want to invest in altcoins, you have to deepen fundamental analysis and also join broadcasts that are owned by the developers of the altcoin, usually they will give signals when they will carry out a pump and dump scheme, and you should be able to join them at the appropriate time, so you don't miss a moment.

Investing in such shit coins, especially as hype projects, will only increase the risk of loss. because, we will only be victims of those who already understand the cycle, especially developers and their teams who can reap high profits. Meanwhile, newbies? they can only hope that prices will rise again, which in fact will not happen again. Unfortunately, no matter how often this situation occurs, there are still many newbies who are lulled by various promises of hype projects, with various shit coins, especially meme coins, that they invest in. Even though we have often found various very valuable experiences, education and information regarding the high risks of entering such shit coins. But unfortunately, they believe more in the sweet promises from the team than in those of us who inform them. And indeed, Bitcoin is the right choice to pick for investment, no doubt.

If you have plenty of spare cash O.P please give it to me let me help you to keep it lols... ;D ;D, look around you many hardly invest money in any shit coin or lets say eth and btc as a whole due to what the market turns out to do when you dont and will never see it coming, so many prefer investing money they CAN AFFORD TO LOOSE that will never hurt them down to there kidney  ;D ;D

I was very interestingly reading Op until he mentioned that ne needs a wall street expert that will recommend a coin for him to buy against 2024. OP, if that is what you want, you don't actually need this forum. Just go to YouTube you will see many influencers analyzing the crypto market and telling you coins to buy. They are many and there are also signal groups telling you coins they want to pump.

The forum is more of bitcoin believers and you as a newbie, I strongly advise you to stick with bitcoin until you are sure of your next move and you have really understood the market and how it works. Do not fall pray of scam coins.

I always like it when someone has an optimistic attitude about bitcoin. Of course bitcoin is better than altcoins in terms of security and decentralization - but there are some opinions that say: The riches are in altcoin. I don't completely agree with that opinion - but the calculations are probably correct.

If my calculations are correct - then I would probably make more profit on Ethereum with a $5000 budget assuming a purchase on October 19, 2020 and a sale on October 19, 2021 than $5000 on bitcoin for the same buy and sell dates. But what happened - I chose bitcoin because of its security and also people's trust in it, even if I didn't get a greater return than investing in altcoins.

Mr. OP, you may have forgotten that Bitcoin is the only coin that all crypto users trust. If you are suggesting an altcoin investment for 2024, I think it will not be good at all, but likely to suffer losses. That's why it's not good to expect a lot of profit from altcoin investment, but mostly risk. Moreover, if you are taking investment advice for 2024, it would be wisest for you to advise on Bitcoin. Because if you invest before the year 2024 comes, you will definitely have the chance to double the amount of profit when the Bitcoin market will be at its peak ATH. And if you decide to invest in Altcoin instead of Bitcoin and you think it's good, of course you can do it in top volume coins. And you have the most risk when you invest in it, but you don't have the risk when you invest in Bitcoin.

Hmm it's okay, but I will elaborate on it more. Besides Bitcoin, there are also many other coins(alt) that can give you a profit. But the point is that Bitcoin is the only decentralized currency that can give the authenticity of a secure zone and privacy, and I think this is the only key point that makes Bitcoin all the way above other cryptocurrency(Atcoin).

I mean to say that Bitcoin profit" is not an affirmation that only profiting is preferable, but Bitcoin is considered superior and unique conceptually because it guarantees you something that no one else gives and that guarantee of reliability or Trust that only Bitcoin can provide and is found in it.
 
And I think the main thing in the crypto industry is trust, People like things that are trustworthy; they don't like things that put people in doubt. Because what you have to invest money in should be reliable, so you don't lose yourself by doubting it.

I know you get to know this forum either through someone or surfing some stuff about bitcoin and for that reason, I will advice you to take a deep dive into understanding bitcoin and buy the amount you can afford but make sure it's with the money you can afford to lose, don't use borrow funds or important money; by that I mean don't use money that you may wake up tomorrow and have one important thing to use the money for and borrowing funds might lead you to trouble because you don't know exactly when it will mature to profit.

I have also seen some suggested altcoins, I wouldn't advice you not to buy them but be ready for what comes next because as beautiful they are with given profit, they are not free from drama like the team running team dissolution, team selling and whales manipulation. These are just tips of altcoins problems, and the road great profit is not smooth, it's rough so be prepared. Shalom!

For newbies entering the crypto space, it's crucial to resist the excitement and fear of missing out (FOMO) when the anticipated bull run arrives. The hype can be risky. Instead, focus on mastering the fundamentals while there's time to understand the unwritten rules of crypto investing. Building a strong foundation is key. We aim for a crypto space grounded in solid fundamentals, steering clear of pump-and-dump schemes. This ensures a positive experience for newcomers, preventing negative perceptions that might drive them away. Take the time to learn and navigate wisely in the crypto world for a more sustainable and rewarding journey.

Look at it this way, you're a newbie with no knowledge and you obviously don't have what it takes to spot out a fake project. There are millions of fake altcoins in the market but there's only one Bitcoin. In your search for profitable projects to invest against 2024, you might end up investing in a fake project and lose of your funds. However, if you buy Bitcoin now and hodl, it will be more profitable as the price will go up after the Bitcoin halving and you will make good returns of your investment.

Bitcoin, since you need a coin that'll do well in 2024 and you don't want to do your own research but depends on random users advices on the forum, let me save you from those that'll make suggestions on their favorites altcoins for the bull market in 2024 and put you in a position that you'll either make it as a result of the coins they suggested doing very well or lose everything as a result of an exit scam or the project getting dump for something more shinny and trending, Invest in Bitcoin buddy. Bitcoin is a guarantee investment for all weather of the market. Bitcoin is one coin that most newbies avoid because they feel it's too costly but regret not investing in it when their favorite altcoins fail them. People doubt bitcoin can still do huge returns of investment but don't be surprised when you see Bitcoin doing over 10x of it's current value in the next bull market or few years to come. Having a guarantee 10x on your investment is better than delusional multiple X's ROI that you might never see.


At this point, it's the security that matters the most and not the ROI because no matter how big Ethereum has become, we can wake up and it's no more but that'll be very hard for Bitcoin because if that's to happen then it means the whole industry is dead. The industry can survive without Ethereum, we have similar alternative already existing and been launched with a better blockchain than Ethereum but just lack the hype and advantage that Ethereum has for been the first of it's kind in the market. If we want to make profits, there are other shitcoins we can throw fee dollars into and make a killing if we're lucky but there's no guarantee that you won't lose your money unlike when you invest in Bitcoin and hodl. When investing, security should be as important as the profits and like the saying goes, make sure you don't lose when investing.

I think that everyone will tell you to invest in Bitcoin only as a hedge against 2024. Are you going to purchase other coins on your own? You can take the chance, but I doubt anyone will tell you to purchase a coin other than bitcoin right now. As far as we are aware, no solid crypto analysis is superior to bitcoin. Since you mentioned that the members are going above and beyond to help novices and newbies get started in the cryptocurrency world, you are correct. However, since they are aware that novices are not risk-takers, none of the members will encourage you to invest in any other coin than bitcoin.

Many people have been holding bitcoin for two, three, or four years, and they are content and worry-free because they think nothing will happen to bitcoin and they are waiting for a good chance to sell it. In my opinion, the price of bitcoin will start to rise gradually in 2024 and will then shock everyone by experiencing a bull run, making all coin holders happy. For this reason, I advise everyone, even beginners, to avoid holding any other cryptocurrency other than bitcoin.