Can you please help with any Altcoins that coins that someone can invest on in this particular time.
I'm not a financial advisor, but if you're considering investing $20,000 in altcoins, it's essential to conduct thorough research and assess your risk tolerance. Diversification is often recommended to spread risk. Prominent altcoins like Ethereum (ETH), Binance Coin (BNB), and Cardano (ADA) have shown resilience. However, the crypto market is volatile, so stay informed about market trends, project developments, and potential risks. Consider consulting with a financial professional before making any investment decisions. I once focused on investing in ethereum, and it really gave me quite a big profit. So, with $20k, I'm also thinking about sticking to ethereum. Apart from that, if you want to invest in other altcoins, I also choose BNB as an investment place. Even though ADA is not my choice, I still feel that it is one of the best altcoins. For now, I might just stick with ETH and BNB. With your current knowledge, haven't you tried to think about investing in new altcoins that have potential because they can provide much greater profits, but it all depends on where you are comfortable and using what strategy.
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The amount is very low and if you are looking for a good return from it then you need to go with the low marketcap coin. It will be risky but if you find the right one it can still turn into few thousand dollars. It will be a all or none move. Either you will hit the jackpot or lose everything. Investing in ETH or Bitcoin with this amount can max bring you 5X to 10X so if you are happy with it then go for it as this will give you a safe place to grow your funds compare to those low cap altcoin.
I think the opportunity to get x5 or x10 is in low cap altcoins, because the holders and prices are still low in contrast to very large coins such as eth, btc, the supply is almost complete, and the market cap is already very large so it will rise to x2 in a very short time difficult.
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I still hold the shiba inu token, since selling at its highest price, I bought back again at a price point $0.000007 and now the price is above point $0.00001, so I have made another 50% profit. but until now I still hold shiba inu coins I haven't sold. hopefully it can reach its latest ATH price in 2024
SHIB ATH is about $0,000086. The ATH isn't very far from the current price $0.00001. If you bought around $0.000007, it is not bad if you want to take profits now. However, it is your right to keep holding and expect the price to pass the previous ATH. I don't want to claim it is impossible to reach the last ATH but SHIB is just a meme coin. It has no clear factor to increase again significantly, it purely depends on the hype of the coins. By the way, it is already 2024. Just monitor SHIB more carefully, dude! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) so if it's 2024? will shib be trending? I don't think memecoin will be as popular as before especially the old ones, I think new memes like bonk, dof on the Solana network will rise. make no mistake, all coins will rise in time, but some will rise higher.
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layer 2 tokens are trending now, I don't know why but I feel bullish on projects like that, that's why I also think that the arb will be fine, maybe it will decrease due to market conditions and other things, but after that, it will rise again.
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because I don't think it will have an immediate impact of course it takes time or some people dump their btc to get a cheaper price. but maybe this is a natural correction after almost 3 months of bitcoin never going down at all.
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I think that your option will be mostly going to the memecoins. I think most of the devs there became millionaires but I don't know if some investors have became very wealthy and managed to become a billionaire. With ETH and BTC, they're actually good investments. You won't become billionaire these days with Bitcoin if you're going to use $40k buying it. But if you have asked this a decade ago or more then you are potentially a billionaire by now. Like if you've bought Bitcoin in the past when it's valued at cents but moving on. That's what I can think of being unlikely to happen with these precious cryptos that I suggest holding and buying I think if the op has experience in the crypto world he can double his money quickly, by timing the right buying and selling the results will be very big. but this is very difficult to do if you don't have a lot of money to become a whale.
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they are great and a favorite during bull markets because that is where most of the pump and dump projects are. so the right time to enter is before the bull and exit when the bull is about to end.
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because if there were no altcoins then the crypto market would not look attractive, just like stocks there are so many types, So in all types of commodities there are different types and brands, allowing people to choose.
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I think there are many projects that follow this method, you can follow it and see from previous projects whether it is safe or not. because usually only the initial project provides profits, the rest just follow the trend and don't last long.
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I don't think stable coins will be depegged especially for USDT and USDC, if you expect Bitcoin to crash 40% then you should have swapped and made stablecoins and bought when that time comes.
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I want to be more clear about some forms of spending money and some forms being free.
But in general, most of the projects that are considered potential airdrops for the community now have criteria that most of us only speculate about, and indeed, in your opinion, they are quite enough for everyone to meet many criteria.
I also quite like staking ATOM, because it brings quite clear airdrop benefits, along with the dynamism of L2, there are also many choices to be made and hopefully receive airdrops in the near future.
I also see that the Cosmos network is now widely rumored to be getting an airdrop because of the many new projects joining and becoming a trend such as INJ and ATOM. Hopefully there will be an airdrop for this chain.
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I don't think so, because investor confidence has been lost anyway. it's very difficult to return it. in my opinion the increase was made by a group of people looking for profits by pumping and dumping in a short time. you can see this case like on lunc and ustc.
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^ Hey libert19... As I was staking TIA, ATOM and OSMO to increase my chances for eligibility for future Cosmos based projects' airdrops, Layer Zero's airdrop and staking STG got me thinking. Do you think that it's already too late to stake STG? Like do you think the Layer Zero devs have already made the snapshot by now?
Not sure why I didn't do it last year. :/ It's taking things for granted and laziness that get the better of me again. Lol.
Anyway yeah... Hope I'm not too late as I just staked STG just now.
Imo, unless the team has explicitly confirmed that a snapshot has been taken (like Starknet did) , everything is pretty much in the wild. I staked STG a long time again but I started providing liquidity on Stargate just today. Layerzero announced that the TGE launch and distribution is happening in the first part of 2024. We are still 5 months away from the first half so anything is still possible. It's better to fulfill all righteousness and do the needful than to assume. I think everyone is still speculating about Layerzero's airdrop, because of the big fund raise, everyone is hoping for an airdrop from Layerzero. just like big projects like zksync which are still waiting for airdrop rumors, I myself have tried to use the ecosystem on their network.
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But why does Elon keeps bumping Dogecoin , how many times did Elon mentioned Doge in His tweets that made this coin increasing high? maybe he is one big investors and indeed that he is making money out of this tweeting.
That guy is very smart enough, I still believe he is not a member of the team. He holds huge amount of Doge then with his post bumping up Doge so more investors can come in is generating him more profits from his initial holding. More investors purchasing pumps the price so if we are smart enough we can invest little into it cause any of his next post will also increase the price. He uses his influence as part of his tactics and I can't even see him getting suied for it. how could he be sued, I think promoting the coins he bought is not a mistake, and also he is an influential person who uses it to take advantage, I think he uses his name and position well, and we would be wise to follow him and know when to get out . I agree with you, taking the opportunity when he says this coin will rise or something similar that's when we buy, if we get a profit immediately sell, and wait for other news to appear. if we do it many times I think we can get very big profits.
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Where to invest 7k usdt
To get profit daily 30$
With that amount allocated for trading $30 profit daily is very easy even in Spot markets just snipe some tokens that has a potential to move upward then sell at high always do the buy low sell high method, you can select coins that has either good news or down for atleast some days and wait for reversal. but if it's like that he won't get daily profits, because he asks for daily profits then staking is the best way, but with capital of 7k$ I think it will be difficult to find apr with high safety. maybe you can get it on a risky coin like trb.
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I think Arbitrum is a good and widely used multichain network, this is an alternative to sending ETH with low fees. Arbitrum also provides large airdrops to its community, showing their seriousness towards the project and community.
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I think it's still very difficult to find out directly which projects are scams or not, because there are some good projects but because they are still new and indicated to be scams, I think automatic checking via bots is still not optimal.
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I think that's what many people feel, including me, they regret doing this and that and without realizing it they have lost everything, at least we learn something from it.
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I have got what I never got but I can be said to have lost 90% of what I got because of my impatience in the market trying to get a small portion of my lost profits. now I'm starting over everything from the beginning, it's sad but that's what I have to pay for my impatience.
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I think people's goal in investing is to make a profit, even though some people don't really know the details. Next they will study the risks and other factors if they have invested several times.
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