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Author Topic: Investment in cryptocurrency  (Read 1422 times)
johny430 (OP)
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May 23, 2017, 01:39:07 PM
 #1

Hello fellow traders! Wink
It happened that I have a large sum of money (about 50k$) which I am planning to invest into a promising cryptocurrency. I have time to wait, I just need its cost to grow at a good rate. I was thinking about investing into Emercoin, as I  have studied them and found that its cost has grown substantially since its launch and there is a number of projects that they are working on, that would increase the price further.
Could you give me your opinion, and if its negative, give me a hint on what better currency I should invest my funds in.
Thanks!
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May 23, 2017, 04:03:18 PM
 #2

Hello fellow traders! Wink
It happened that I have a large sum of money (about 50k$) which I am planning to invest into a promising cryptocurrency. I have time to wait, I just need its cost to grow at a good rate. I was thinking about investing into Emercoin, as I  have studied them and found that its cost has grown substantially since its launch and there is a number of projects that they are working on, that would increase the price further.
Could you give me your opinion, and if its negative, give me a hint on what better currency I should invest my funds in.
Thanks!


There a lot of promising coins so it is good that you read what you are foreseeing. But for i would suggest dogecoin for a long time investment, i am not affiliated with them but i am just an observer. I noticed it has not increased but it is one of the oldest and still trusted altcoins out there. But you gotta really wait for a long time as it's fame has faded or even yet to become familiar. Ethereum also is the current bloomer and there is still time to invest as it is increasing in high rates.
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May 23, 2017, 05:09:04 PM
 #3

I haven't heard about Emercoin before so can't give you any suggestion regarding it but there are few things you have to consider before investing in any alt project. Like you shouldn't invest in something that is already in peak price, wait for some correction to buy cheaper. Also you should patiently hold your coins when there is some price correction, you will not make any loss if you don't sell in panic during such dumps.

What I am holding right now are.. LISK, PIVX, GBYTE, ETC and LUN.
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May 23, 2017, 06:27:12 PM
 #4

Hello fellow traders! Wink
It happened that I have a large sum of money (about 50k$) which I am planning to invest into a promising cryptocurrency. I have time to wait, I just need its cost to grow at a good rate. I was thinking about investing into Emercoin, as I  have studied them and found that its cost has grown substantially since its launch and there is a number of projects that they are working on, that would increase the price further.
Could you give me your opinion, and if its negative, give me a hint on what better currency I should invest my funds in.
Thanks!


50K? Why not BTC? or ETH?. IMO it's better to find a 'strong' cryptocurrency. BTW all the best with your investment.  Smiley

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May 24, 2017, 12:19:08 AM
 #5

Hello John430,

The sum of $50K is fairly substantial sum of money and well invested could generate a tidy sum. I don't know your financial circumstances whether this $50K is a tiny percentage of a trust fund that you own or is all the capital you have.  I thinks its important to diversify even if this is a trivial sum for you.

My advice is as follows
1. Build a diversified portfolio of at least 8-10 cryptos with this capital
2. Invest in a mix of established and junior coins with aggressive upside

Core positions: BTC, ETH
Tier 2 names: NEM, Monero, LTC (names from the top 10 coinmarketcap with established histories)
Junior Coins: LBC, XCP, FCT, ABY, MUSIC, GRC

3. Be wary of buying coins immediately after they have appreciated 300% to 500%, the risk of loss increases after a parabolic spike. Also please be aware market cap is not infallible some of the ICO coins may have a large market cap, but they may be distorted by investor hype and bubble mania even though there is no real product. 


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May 24, 2017, 01:38:39 AM
 #6

all into monero (XMR)
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May 24, 2017, 07:12:22 AM
 #7

Make a good decision in investing, choosing a coin that has been reliably tough. It is up to how strong the ownership is until the price really reaches the top.
DGB is likely to increase in the coming months ..

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May 24, 2017, 07:52:27 AM
 #8

Bitcoin and litecoin. Other coins are just shit.

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May 24, 2017, 08:07:19 AM
 #9

I heard EMC tends to grow up. But who knows how long it's gonna last?
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May 24, 2017, 08:09:07 AM
 #10

Hello fellow traders! Wink
It happened that I have a large sum of money (about 50k$) which I am planning to invest into a promising cryptocurrency. I have time to wait, I just need its cost to grow at a good rate. I was thinking about investing into Emercoin, as I  have studied them and found that its cost has grown substantially since its launch and there is a number of projects that they are working on, that would increase the price further.
Could you give me your opinion, and if its negative, give me a hint on what better currency I should invest my funds in.
Thanks!


I can say stay away from the currently hyped coins, you will be at a lost once the whale pumper decided to exit.  I would suggest you to study the market and search for an active coin that had not been pumped for a long period of time.  I can tell one and it is a maidsafecoin, though I am not saying you to invest on it, but if you look at maid, it will definitely increase in price.

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May 24, 2017, 08:21:25 AM
 #11

ETC, LTC, Trst, Ardor, Ripple

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May 24, 2017, 08:23:49 AM
 #12

If plan to invest in crypto... pick any 3 coins from top 10 volume.. and hold it for atleast 2 years to get good returns...

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May 24, 2017, 08:59:16 AM
 #13

I suggest to invest your money to this altcoin . Thats my altcoin that I hold and for sure they have potential to increase the price so your money can get interest and profit.
1. Ethereum
2. Dash
3.zcash
4. LTC
5. Monero
6. Ripple
7. Tor coin
8. XRm

I dont have emercoin even this coin also is good and have potential but I think I dont type that so Icant buy. It depends to you what coin you think gives your profit. I suggest you need a lot of research because investing in altcoin is not easy you need to know the whole infomation about the coin you want to buy to know if they have potential or not.

 
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May 24, 2017, 09:25:52 AM
 #14

Almost every coin in top 60 is worth investing. Even lower. Look at musicoin, primecoin. Unobtanium. Antshares. Currently i have 34 coins. All going nuts m. Waiting for the next multi billion coin. Don't care about the price swings. We are in a gold rush.
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May 24, 2017, 09:32:44 AM
 #15

My advice you should often see the market price because the fear in the coin you choose for the future will not be worth it.
You should be able to see which coin movements are often up or down the coins there you notice if at the time of declining coin prices can decrease drastically and vice versa if there is an increase in value will increase the price then the coin that should be your target.
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May 24, 2017, 09:53:14 AM
 #16

I've been telling people to buy LBRY but nobody listens
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May 24, 2017, 10:00:33 AM
 #17

Hello fellow traders! Wink
It happened that I have a large sum of money (about 50k$) which I am planning to invest into a promising cryptocurrency. I have time to wait, I just need its cost to grow at a good rate. I was thinking about investing into Emercoin, as I  have studied them and found that its cost has grown substantially since its launch and there is a number of projects that they are working on, that would increase the price further.
Could you give me your opinion, and if its negative, give me a hint on what better currency I should invest my funds in.
Thanks!


This what people said "use your own due diligence". I will be honest, You are good in analyze some crypto project, dude. What you did in emrecoin is what the investors need to do before throwing their money on the market. Others people usually talk a review, they don't really know or expert on that coin. But you did a depth analysis in that coin. You don't need suggestions anymore, all you need is just beleive in your self.

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May 24, 2017, 10:37:24 AM
 #18

Hello fellow traders! Wink
It happened that I have a large sum of money (about 50k$) which I am planning to invest into a promising cryptocurrency. I have time to wait, I just need its cost to grow at a good rate. I was thinking about investing into Emercoin, as I  have studied them and found that its cost has grown substantially since its launch and there is a number of projects that they are working on, that would increase the price further.
Could you give me your opinion, and if its negative, give me a hint on what better currency I should invest my funds in.
Thanks!

There some promising platform in the future, Litecoin, bitcoin, ethereum, waves. All of them are really to be promising investment in my mind. I don't see something it makes me interested with its project.
I'd like to choose the big platform as my investment.

I buy a lot of iconomi and my invesment gets 10x.

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..PLAY NOW..
paramind22
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Merit: 552


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May 24, 2017, 10:52:49 AM
 #19

Diversify.  Wait for down times in about 30 of the best coins, then buy them, and sell a little at a time when the prices rise, keeping some of the coin  for later gains.

Gabri
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May 24, 2017, 11:07:22 AM
 #20

I hold right now:

- WAVES
- UBIQ
- WINGS
- GUP
- ETH
- SHIFT
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