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Mafia8888
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August 14, 2017, 10:36:53 AM
 #1

Maybe you can advise me, which is the cheapest currency to invest the best.
Thank You.
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August 14, 2017, 10:59:25 AM
 #2

Maybe you can advise me, which is the cheapest currency to invest the best.
Thank You.

My advise is not to invest in any currency simply because someone tells you on here.

The rules of investing in altcoins, are just the same as investing in property, shares, etc.

1) Do not risk more than you can afford to lose
2) Be well diversified
3) Make sure you understand what you are investing in
4) Dont get greedy.

People may give you tips on here, and thats fine, with so many currencies out there its hard to navigate all of them, but make sure you do your own research.
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August 14, 2017, 11:02:51 AM
 #3

Maybe you can advise me, which is the cheapest currency to invest the best.
Thank You.
Cheapest? You can mostly find it on that shit Yobit exchange you can find some of them are on 1- 10 sats each which are actually cheap eh? but investing on those coins are just like suicide because usually those coins are being dumped hard and didnt tend to rise up and as being said above dont invest if someone told you to target those cheap coins. Better to invest on those potential ones and top on the marketcap.

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August 14, 2017, 12:33:40 PM
 #4

if an altcoin is cheap then there is a pretty good reason for it to be that cheap. it is no random! in other words it is not the wisest investment to go in these "cheap" altcoins.

of course there is sometimes some exceptions. like Dogecoin for example. it is pretty cheap but it goes up well enough to give good profit sometimes. although it is not as easy as it sounds. you need to get in at the good time not after the rise.

if you tell us what it is you are trying to do we can help you better too.

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August 14, 2017, 12:38:44 PM
 #5

Maybe you can advise me, which is the cheapest currency to invest the best.
Thank You.

My advise is not to invest in any currency simply because someone tells you on here.

The rules of investing in altcoins, are just the same as investing in property, shares, etc.

1) Do not risk more than you can afford to lose
2) Be well diversified
3) Make sure you understand what you are investing in
4) Dont get greedy.

People may give you tips on here, and thats fine, with so many currencies out there its hard to navigate all of them, but make sure you do your own research.

I agree with this dude, anyways you can check on the trading sites which coins are cheapest right now to invest. But it won't tell you or teach you if that coin is a scam coin or not, so it's best for you to learn more about the coins you have choices with and invest right after you have knowledge on those coins.


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August 14, 2017, 02:39:47 PM
 #6

Maybe you can advise me, which is the cheapest currency to invest the best.
Thank You.

My advise is not to invest in any currency simply because someone tells you on here.

The rules of investing in altcoins, are just the same as investing in property, shares, etc.

1) Do not risk more than you can afford to lose
2) Be well diversified
3) Make sure you understand what you are investing in
4) Dont get greedy.

People may give you tips on here, and thats fine, with so many currencies out there its hard to navigate all of them, but make sure you do your own research.

I agree with this dude, anyways you can check on the trading sites which coins are cheapest right now to invest. But it won't tell you or teach you if that coin is a scam coin or not, so it's best for you to learn more about the coins you have choices with and invest right after you have knowledge on those coins.

Yes sorry mate, I should have been clearer, the rules I was stating are the "foundations" - without doubt you are completely right you need to do a full investigation of anywhere you want to put your money, unless you want to treat it like making a bet on a horse.

Sadly there are scam coins out there, but there are also real value ones - but if it was so clear then it would be too easy, and the profit - essentially the risk premium - would be no where near as great.

And agree this is a great forum to learn, with a few obvious scammers Smiley
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August 14, 2017, 05:16:48 PM
 #7

I think if you want to invest, you should follow the icon project and you can see and learn what coins will develop for the future.


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August 14, 2017, 05:27:08 PM
 #8

Look at the coinmarketcap what coin with good market cap and read their whitepaper
In this time with bitcoin price is on the moon,altcoin is crashing,you can use this opportunity to take some coin that will booming later
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August 14, 2017, 05:32:35 PM
 #9

You shouldn't take major advices about your life on internet especially investment advices.There are many coins out there and all they want is your money.Read everything you can find about that coin , check bitcointalk topics,websites,exchange charts etc. and then decide it for your self.

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August 14, 2017, 05:58:49 PM
 #10

Definitely do your own research so that you understand where you are putting your money.
But if you really want to put money into cryptocurrency and don't want to do any research or follow developments, then you would have to go with bitcoin. Just because it's more likely than anything else to still be there in 5 years' time.
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August 16, 2017, 07:37:18 AM
 #11

I suggest you to look at coins with very low supply and have relatively low price.
Those are best coins to hold in general (with some exceptions of course).

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August 16, 2017, 08:27:24 AM
 #12

Maybe you can advise me, which is the cheapest currency to invest the best.
Thank You.

Search projects that have less than $1 million market cap, you may find some gems among them, don't expect people to shill you shitcoins out of the goodness of their heart, it takes real work to analyze these projects and find the good ones, if people are trying to convince you to buy into some coin they have something to gain from that.
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August 16, 2017, 10:40:23 AM
 #13

Bytecoin is the cheapest currency with a high market cap or reddcoin and dogecoin but the price does not matter, you should look at always market cap and project when investing.

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August 16, 2017, 02:09:53 PM
 #14

Thanks to all !
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