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Author Topic: What is the best Cryptocurrency to Invest?  (Read 31462 times)
MyShield (OP)
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March 20, 2018, 05:50:38 AM
 #1

Here's a guide on how to do cryptoinvesting.
 
An excerpt from http://cryptodime.net/how-to-pick-the-best-cryptocurrency-to-invest-a-guidline-to-trading/

If you have decided that you want to jump into this rapidly growing market, then there are some very important things that you need to understand. In this guide, you will learn how to choose the best cryptocurrency investment for you. We will also analyze a few hot currencies, to kickstart your research. Keep in mind that this guide focuses on long-term investing strategies and NOT active trading.
The Best Cryptocurrency to Invest in is…
Anyone who tries to tell you that the “X” cryptocurrency is the absolute best cryptocurrency to invest in, probably has a very large vested interest in it. In reality, there are will mostly likely be several big winners in cryptocurrency. It’s like the dot com boom, where companies like Microsoft, Oracle and Google ultimately became blockbuster investments. But you only made money in those investments, if you understood why they were good investments AND you had a reason to keep those investments for the long term. Otherwise there would have been a big temptation to sell them as soon as you made a little bit of profit. If you don’t understand what a cryptocurrency does or why it’s valuable, then don’t invest in it. Many of these cryptocurrencies are going to be a passing fad.

There will be a select few cryptocurrencies that will be great investments. Bitcoin has already shown us the potential. But the majority of coins will fade into obscurity. Since nobody knows which ones will be huge winners and which ones will be epic fails, we believe that the best investment strategy is to have a portfolio of currencies. Putting all of your eggs into one basket is a recipe for disaster. You don’t have to understand every single technical detail of each currency. However, you should read a lot about a currency that you want to invest in and make a very informed decision.    That is the only way to find the best cryptocurrency investments.

fiulpro
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March 20, 2018, 06:35:46 AM
 #2

I don't think that everyone needs to read about it ..
Because

etherum
Bitcoins
Litecoin
Bitcoins cash

Are the ones really making the news...
Everyone's own thinking May differ but it's for an individual to decide what to invest it
Altcoins enthusiast
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March 20, 2018, 06:45:59 AM
 #3

The first 10 coins on the coinmarketcap are the best coins that you can invest and make really good money in years come. Bitcoin, ethereum, ripple, zcash, dash, litecoin and some many other that has good capitalization are some of the coins you can actually invest and make good money.
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March 21, 2018, 04:00:15 PM
 #4

I don't know about it precisely
it's absolutely hard to answers
so far my best cryptocurrencies to invest are ETH, LTC, Ripple, XLM
actually all of these are my favourite . aside mentioned before . for me best crypto is crypto that supported by great teams behind itself
. have cleary vision about what will do for long term, making inovations that can solve the problem based on function of its cryptocurrency itself
. so the cryptocurrency that have these  criteria is the best cryptocurrency for me Smiley
xuv500
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March 21, 2018, 04:04:02 PM
 #5

Always Bitcoin is the best crypto currency to invest. You may go for Ethereum next to Bitcoin and NEO followed by that. The all time favourite for everyone is Bitcoin but the price of Ethereum is low now and it is a good option to buy now since this coin has good potential and market cap. You may think of NEO as well.
matuson
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March 21, 2018, 04:06:01 PM
 #6

The first 10 coins on the coinmarketcap are the best coins that you can invest and make really good money in years come. Bitcoin, ethereum, ripple, zcash, dash, litecoin and some many other that has good capitalization are some of the coins you can actually invest and make good money.
Why only the first 10 coins? I think that now all the coins will show growth. Those coins that do not have a large capitalization have more potential against this background. Their growth rates will be higher than the main coins. But such investments require constant attention. At any time, major investors may lose interest in these coins and quickly leave them. This will lead to lower prices. We must not miss this moment.
safari88
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March 21, 2018, 04:22:14 PM
 #7

The first 10 coins on the coinmarketcap are the best coins that you can invest and make really good money in years come. Bitcoin, ethereum, ripple, zcash, dash, litecoin and some many other that has good capitalization are some of the coins you can actually invest and make good money.
Why only the first 10 coins? I think that now all the coins will show growth. Those coins that do not have a large capitalization have more potential against this background. Their growth rates will be higher than the main coins. But such investments require constant attention. At any time, major investors may lose interest in these coins and quickly leave them. This will lead to lower prices. We must not miss this moment.
its true, a lot of coins that have great potential and good for investment, but many people are also difficult to see the potential or cannot see a good coin. but why he suggested the first 10 coins in coinmarketcap, because I think it's pretty predictable and of course, a good coin because it already has a great volume. so there's nothing to worry about choosing one or all of them.

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BitcoinMarshal
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March 21, 2018, 04:30:38 PM
 #8

Currently its very hard to tell about this but its sure now this is one of most best emerging markets and if some one want to invest he need to do some research and then invest because without research you can lost your money right now we have some good coins with very good potential and they can go for long term purpose so better go to coinmarket website and then chose some coins check devs teams and whitepaper sure you will have good news for yourself   
BrewMaster
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March 21, 2018, 04:52:03 PM
 #9

your title tells me the article is going to help me learn how to choose a coin to invest in, so lets break it down.
the first two paragraphs are just explaining the problem not the solution. and contain some obvious yet not so helpful pointers in them!
so far the question in the title is not answered.

then the article suddenly moves on to a totally different subject. while it is an important subject but it is irrelevant to the subject and the problem at hand (which is not yet answered). it explains how to buy and introduces exchanges (completely off topic).

then it moves to another important but completely irrelevant subject: cold storage! so as a reader who saw the title and wanted that question answered now i am reading another irrelevant content here

finally it moves to something that is move relevant: Fundamental Analysis but i still say it is all over the place and too vague.
then to make things even worse it brings in TA but leaves the explanation half ass by only showing 2 charts!

sorry but i still didn't get what the title of your link to your website promised me Cheesy

There is a FOMO brewing...
tiar4dewie
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March 21, 2018, 05:09:41 PM
 #10

For everyone here should be smarter to determine which coin or tokens are good for investing. And I do not recommend for beginners to invest in ICO. Now some of the ones I followed indicated a scam of almost 50%. I do not know whether I chose ICO or is now a lot of ICO scam.

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March 21, 2018, 05:37:58 PM
 #11

The best cryptocurrency to invest is bitcoin because it seems it can be even only winner in the very long term. Other ones are very risky, privacy ones can be threaten by governments.

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March 21, 2018, 05:38:08 PM
 #12

For everyone here should be smarter to determine which coin or tokens are good for investing. And I do not recommend for beginners to invest in ICO. Now some of the ones I followed indicated a scam of almost 50%. I do not know whether I chose ICO or is now a lot of ICO scam.
Only a fool person will spend his/her money for an investment but his/her doesn't know where they investment. And for me, investing in ICO for a beginner doesn't matter as long as they knows how to invest in ICO, with chooses a good ICO and believe that ICO project will succesfull. And there is no other way to get it all is learn and understand ICO and cryptocurrency, so it's basically to start investing wherever you choose the key is you should figure out the investments place.
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March 21, 2018, 05:38:31 PM
 #13

then the article suddenly moves on to a totally different subject. while it is an important subject but it is irrelevant to the subject and the problem at hand (which is not yet answered). it explains how to buy and introduces exchanges (completely off topic).
Yeah, everyone who's into crypto should already know how to trade and have their own wallet. These parts doesn't seem necessary for picking the best investment it should be moved on a seperate article and there's too much bolded phrases.


its true, a lot of coins that have great potential and good for investment, but many people are also difficult to see the potential or cannot see a good coin. but why he suggested the first 10 coins in coinmarketcap, because I think it's pretty predictable and of course, a good coin because it already has a great volume. so there's nothing to worry about choosing one or all of them.
A lot of people prefer investing in the top 10 because for them they see it as a safer investment than other alts that could be a potential scam coin i(t's better to be safe than sorry right?). If I don't know anything about crypto I would probably do the same thing.

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March 21, 2018, 05:44:12 PM
Last edit: March 21, 2018, 06:04:02 PM by Xenoph0bia
 #14

Besides Bitcoin, the best cryptocurrencies which I like on my portfolio to invest into are Litecoin, Ethereum and Monero.
However the best coin would be Ethereum at present, having a market capital of $54.5 billion, it is the most preferable and the most profitable coin. Also being the second-most valuable cryptocurrency after Bitcoin, Ethereum rocketed 3,700% in 2017 which makes it a good option for investment. It even allows individuals and organizations to build out and conduct complex transactions independent of a central server or relying on any one party to approve the submission, making it more good for investment.
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March 21, 2018, 05:59:05 PM
 #15

Best cryptocurrency to inverse your money is bitcoin .Bitcoin is the first found decentralised digital currency. It was rules the crypto currency markets more than a 9 years.In bitcoin your money was in safer side.After the investment, no need to worry about the investment.
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March 21, 2018, 06:03:33 PM
 #16

Ethereum rocketed 3,700% in 2017
I really remember when this happened ,, I'm very sorry for not investing in ETH ,, and maybe right now I'm sure that ETH will skyrocket back in the middle of this year, I hope it will happen again, because I have invested almost $ 5000 in ETH ,, hope there to follow me this step ,,
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March 21, 2018, 06:09:27 PM
 #17

It depends on what you mean by best. The top 10 on coinmarketcap are the safest. Older established coins will have good volume. New coins may have highest growth potential if they can get the interest of investors.
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March 21, 2018, 06:30:09 PM
 #18

For me the best one is monero because this is fully private, no government can tract it or identify the owners of wallets as nsa made it in bitcoin. It probably will very interesting coin.

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March 21, 2018, 06:43:45 PM
 #19

Still, bitcoin and Ethereum are best to invest at, that two coins will surely give you a profit. So don't remove them on your list. If  you have more funds then add doge, neo and xrp when necessary so that you also have an alternative.
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March 21, 2018, 06:48:28 PM
 #20

I'm quite conservative, so I'd only really spend on btc and eth, which as of now seem to be the most "stable" of cryptos and unlikely to simply fold and vanish. Problem with the less known coins is that they are mostly pump and dump. Even some of the other more well-known coins can suddenly just fold at a whim.
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