For a very long time, I have been observing how many newbies on the forum and even people with high ranks ask for recommendations about which coins they should invest in. I want to answer this question with this post.
1) Never rely on the recommendations that people give you. You should always remember that each person has his own individual strategy for investing in cryptocurrencies and very often you may not like it, but everyone must decide how to deal with his money.
2) Remember that those people who recommend coins to you may also have bought them at someone else's recommendation and they are now suffering heavy losses and that is why they can tell everyone that everyone needs to buy this coin. they do this because they are waiting for coin growth in price to sell their position
3) If you come just now to this market, then you just need to buy bitcoin and some top coins and not try to work with very risky coins.
4) If you are willing to take risks, I will share with you the portfolio that I have collected. I want to say right now that I do not use altcoins as a long-term investment. when the price of these coins will grow, I will sell them and then rebalance my portfolio. my goal is to earn as many bitcoins as possible.
See my list of coins that I consider promising:
1) BTC - that coin that I hold on a cold wallet and increase its amount in a lot of ways.
2) ETH - 2018-2019, I doubted that I need to invest in this coin again after its growth in early 2018, but after successful updates at the beginning of 2020, I bought a lot of ETH and I will sell them when the price reaches $ 500.
3) EOS - many people can say that this is a very unreliable project it is a bad idea to invest in it, but I believe that this project has great potential and they have been silent for a very long time and very soon we will see very good growth and a lot of updates
4) BNB, Huobi Token, KuCoin Shares - these are the three strongest exchanges on which I trade and I see how quickly these exchanges developing. I am sure that every investor should have these coins in his portfolio.
5) TRX - A lot of decentralized applications are built on the blockchain of this coin and they constantly continue to appear. The project CEO makes a lot of hype around his project. I think that in one day this coin will grow as much as ETH grew during the popularity of the ICO.
I have a few more coins with huge capitalization but I don’t want to talk about every coin.
Now I’ll tell you about two coins that are now a very risky investment, but I suggest that they have very big development potential. I do not give any guarantees of growth, but I simply invested 5 percent of my deposit in each of these coins.
1) Digitex Futures - a project that has great potential and can become a strong competitor for existing exchanges that offer trading with marginal leverage. The project team is professional traders who know what users need.
Now the price of the coin is at a very good level for purchases. I bought it a little more expensive and now I add it a little to my portfolio.
2) Egretia (EGT) - the project has already shown very strong growth, but after a hacker attack on their product, they lost a lot of money and many investors were disappointed in the project. Now the project continues its development, and soon the launch of Mainnet is planned. Now the price of the coin is at a level below which, as I think, the price can no longer drop.
You can also find yourself a lot of coins that can bring you a profit of 1000 percent. I have many coins that I also buy and I think that they will be very strong in the future, but I do not want to disclose this information.
I wish everyone a lot of profit
BTC and I advise you to think with your own head
