It's clear from question that OP is not an expert traders and new traders must not invest such huge amount straight away rather spend some time in learning the trading. Crypto trading is not that much easy. But you can check ARCONA project: https://www.coingecko.com/en/coins/arconaWith a bit of luck, you'll double that in a week
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Now the price is starting to drop very quickly. Either before it was just pump & dump, or now is an opportunity to buy a dip. https://www.coingecko.com/en/coins/arconaWhere can I check the roadmap - completed development and upcoming goals with timestamps?
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I think Binance Coin and Cardano have a good chance of catching up with Ethereum in the market, but that mainly depends on when Ethereum 2.0 will be introduced. After improving Ethereum, I am sure that its position will strengthen a lot and it will be Ethereum that will chase Bitcoin's position rather than fear losing its own.
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70% of this investment should go into bitcoin while remaining should go into ETH. But don't invest right now wait for prices to fall down. If you invest at current ATH, chances are that you will regret.
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Regardless of whether Coinbase list Dogecoin or not, the coin has proved that it has the potential to move up and is not a shit coin. You can find it on many exchanges for trading. I would ask question why not to list Dogecoin on Coinbase?
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Thats the irony, when market is down people run away from the market but smart buyers take that as buying opportunity and fill up their portfolios. I strongly suggest not to buy any coins at such high price, you will thank me later.
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Thats not the case with ETH almost every coin in crypto market is linked with bitcoin moment. Crypto market is green when bitcoin is green and red when bitcoin is red. At least for couple of years to come this pattern will continue.
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Its not the right time to invest in crypto as almost all coins are at there ATH. If you are willing to take risk then buy btc with 1000$ and wait for it to touch 100k. Be aware Bitcoin can take wild swings in both directions.
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Ripple is not a decentralized crypto like bitcoin rather it's a centralized one so it can never be like bitcoin. To compete bitcoin one must satisfy the principle of decentralization.
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You think patience is not the key for success in crypto? think again. In crypto we call it HODL and none of coin so far has betrayed anyone who has the courage to HODL. Just buy when prices are down and wait patiently, you will get double of your investment in very short time.
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Yes altcoins are safe for investment provided you choose them wisely and dont gather cheap shit coins. See price of ETH, DOGECOIN, CARDANO, and LITECOIN, they have given huge return to there investors. While shitcoins are still sleeping.
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Staking in crypto is like interest in Fiat. You lend (stake) your crypto and get reward (interest) for it. I suggest all my Muslim brother to stay away from this new kind usury.
OP please come with strong evidence that it's not for Muslims and not allowed in Islam. There is nothing wrong in lending someone money and fixing a profit on that lending.
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Which altcoins would you select to invest now?
Mine are:
EOS Alpha Mantra Cartesi Siacoin XRP Reef
My first and foremost choice among altcoin is Eth, other than that litecoin, stellar and cardano are also good choices for investment. Whichever coin you choose for investment make sure you DYOR before making any decision.
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My journey with BTC started when bitcoin was around 1000$ and I said its now late to buy bitcoin as price is very high and later that year we saw bitcoin reaching 19k ATH till 2017. Since then I am buying and selling bitcoin and I am happy to say I am overall in profit with bitcoin.
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Beyond any doubt Bitcoin has made a massive progress in last ten years and still making progress. In coming 10 years, bitcoin may reach new heights. We also need to be aware of the fact that this Bull Run will not continue forever it will come down one day.
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Best plan is the one that comes after your own planning aka DYOR. It's advisable to built a diverse portfolio that has multiple coins in it. Never put all your eggs in one basket, thats the key point.
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The world sings about everything that is shining. Nobody bother to talk about btc when it was zero in 2009. Just wait for a while, you will also see movies coming out with bitcoin as main role.
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If you are going to invest in BTC through bank then what’s wrong with fiat? You invest through banks and it will abuse your crypto money just like they abuse your fiat currency. The aim of BTC is to give authority of asset back in the hand of the owner which is greatly abused by banks for years.
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Investors on the market have very positive moods and everything indicates that the upward trend will continue. This is a speculative thread, so don't take my suggestion to hold your investment as a guideline and advice. You have to decide on your own finances and remember that cryptocurrencies are a high risk market. But as probably most of the users in this thread, if I were in your place I would hold back on selling Ethereum for a while.
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