The fact that you intend to utilize your investment of $40, 000 to become a billionaire in five years time implies that you must be a huge risk taker. To get this kinda result, cryptocurrency is the best place to invest. But let it be known that even as much as you can get your target in less than five years, there's also the possibility of loosing your capital too.
If I have $40,000 my best choice for investment would be real estate as it posses the attributes of appreciation and five years is a long time.
for real estate it's not wrong whether you want to be a housing developer or just buy land even though the 100% guarantee goes up. but a financier must really appreciate spending as much time as possible while diving into milk. I myself will trade crypto first if my new profit is converted to non-crypto assets. like you too. because in crypto currency the potential to earn more profit than real estate is still very large, so it is better to invest in crypto currency first, or you can use a strategy of 50% investing in crypto currency and 50% again in real estate , because your capital amount is $ 40k you should be able to do it.
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It has started on Kucoin, currently pumping are VELO and VSYS, and I don't think large cap coins have flown yet, for example CFX, VET and CKB have not experienced pumps either, of course this is a good opportunity to buy Chinese altcoins before June 1st.
I reckon if Confux begins pumping, everyone should also begin to pay attention on the tokens of those projects that are being created in Conflux's ecosystem, very much similar to those of you who pay attention in the Ethereum, Binance smartchain, Avalanche and the Fantom ecosystems hehe. The liquidity might be lower, however, the pumps are much higher hehehehe. Small minnows like us do not need much liquidity. Much of these Conflux projects are not very known by most of the traders in the cryptospace unless they are active in the Chinese crypto community. The Conflux Ecosystem isn't that big like the ecosystems of Binance Smart Chain, Polygon and also Ethereum, you can see several ecosystem names such as Trustswap, open Defi and Cobo I'm sure not only the Chinese community knows, but everyone knows that, yes I do I'm grateful that CFX can pump because it's really feasible for CFX that has good fundamentals.
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I prefer NFT in terms of long-term investment rather than meme coins that only backed up by hype and speculation like SHIB and PEPE getting listed on Binance. NFT can have better utilities to compared to meme coins.
i might be wrong but honestly NFT is really bad for long term investment due to the fact that it lacked liquidity, the fact that it's unique on its own means fewer liquidty, meanwhile with meme coin, at worst scenario there are still some baggers that will to bag the meme coins which means better for long term. for the long term, there is still a chance for NFT to get hype again, most likely in 2024 NFT will rise again, but if you want to buy NFT, you should only buy altcoins that are in the NFT category, for example OGN, Mobox, or MANA, because it has more potential to pump than you buy NFT in the NFT market. We should avoid Memecoin because of the high risk.
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sometimes they are not impatient but have needs in life that cannot be postponed. you have to believe that everyone believes that the price of bitcoin will continue to increase and bitcoin investment is very profitable but the necessities of life such as economic problems make them forced to sell bitcoin. I haven't found anyone selling bitcoins on the grounds that in the future bitcoins won't have a price, except FUD maker. Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future. Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future. In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans. but sometimes a person also doesn't understand life, he has made a profit from bitcoin but never sells it and ends up being bullish then the dump happens and doesn't get any results, indeed a strategy is very important for us to do when investing, especially with a high level of risk like cryptocurrency.
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I think this is FOMO, you can see that the price of SAMO has fallen again to $ 0.0045 and has fallen deeply since yesterday. I don't think about buying SAMO because SAMO is on the Solana network and SAMO is also part of memecoin, so it is very risky to be forced to buy.
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the bullrun is getting closer and if we haven't accumulated altcoins then do it, because if you don't have a favorite altcoin to hold until 2025 then you can regret it, reportedly the bullrun will be more intense than before.
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the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume
funnily enough most of meme coin nowadays that are new that already hits all time high will never get to the same level, maybe because these coins are kept being generated that the capital always moving from one place to the another. it's like a memecoin cycle, because there are lots of memecoins that appear so whales want to play there, yes one of the things that makes memecoin fly high is the market cap is so small that whales like it, pump and dump happen because of fomo so don't get your hopes up on memecoin and if you really want to, then do it at your own risk.
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I have never been a fan of BNB tokens but being the currency of the Binance exchange very likely that their coin in the future can also reach 1000 dollars .. they have a lot of money to do whatever they want
the supply of BNB is not much and I'm sure their demand will also be higher, because the ecosystem of Binance smart chain is amazing and there are also more and more users, BNB prices below $500 are a joke, so why should you be afraid to invest in BNB?. I've been investing since the price was $100 and I'm still holding it until now, because my target for BNB is $2000
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New memecoins seem to be a great investment if you get in on them early on. # BART #DOGEAI #GREG #DONS But buy at your own risk when the % Is over 2000% already and most investors are looking to cashout. https://coinmarketcap.com/view/memes/it's a shame all you mentioned is memecoin, yes I know that memecoin can generate 1000x but the risks that have to be faced are clearly very large, in my opinion in the bull run it's better if we hold altcoins which are technically and fundamentally good because the investment we make will comfortable and safe.
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it's a good thing if FTX is right to restart their Exchange, and I read the news that they will start that plan in Q2 2024 not 2023, yes this is still a long time ago and while FTT prices are still very cheap, I'm wondering if this is the right time to buy FTT?.
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I think Matic can get to $20 considering that Matic now has many ecosystems in polygon network, and can even become a competitor of Ethereum and Binance, yes because the gas fees from Polygon are very cheap making Matic a favourite, I'm sure 2024 or 2025 Matic can reach $10 first.
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sell altcoins? all altcoins are in support, to be honest I'm still monitoring the altcoins I hold, and until now my asset estimation has decreased a lot, it's sad to see prices continue to decline, it hurts a lot. reportedly today will also be a bad day for cryptocurrencies,
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$10k per Bitcoin for now is too early to discuss, because it won't happen in this short term or this long term, bitcoin is still on a bullish path, of course $10k is just a rumor without any solid evidence pointing there , I hope you don't spread FUD too deep again
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for airdrops it doesn't always give a lot of money, but if we continue to collect results from the airdrop I'm sure it will be worth our work, my friend followed the airdrop for one month and he got pretty good results, around $300, of course for him it was something valuable. don't give up on participating in the airdrop, because right now the airdrop is more valuable than anything
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