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Author Topic: Which coins to invest in for a beginner  (Read 7556 times)
Ghenjer
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February 27, 2019, 10:42:55 AM
 #521

When I advised you to invest in ETH and unknown coins. Now I want to offer you to invest in ETH but also add BTC. This choice will be relevant only for long-term investments.
is it true that coins that are not famous have a greater chance? recommend me the coin you mean, I want to invest it
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February 27, 2019, 11:50:38 AM
 #522

When I advised you to invest in ETH and unknown coins. Now I want to offer you to invest in ETH but also add BTC. This choice will be relevant only for long-term investments.
is it true that coins that are not famous have a greater chance? recommend me the coin you mean, I want to invest it
Unknown coins sometimes have good autonomy but are hard to find because there are many unknown coins and there are far more coins that are worse than good.
so in my opinion it's better to invest only in famous coins for your security.

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February 27, 2019, 01:29:35 PM
 #523

First understand the following points -

1.MarketCap
2.What does the coin do?
3.Sentiment attached to the Coin? - Yes the sentiments play a very major role in favour or support of the coin.
4.On which exchange the coin is listed? - Yes there is a very major role of exchanges in pumping the price of coin.
5.Read about the coins from a very good source, just google you will find lot of good sources for reading about the coins you want to invest in, see the maximum price it has reached.
6.Most smaller coins are paired with BTC/ETH or stable coins, i.e coins whose value will always remain 1$, therefore BTC/ETH will always pump as soon as money is flowing into the market.
7.Never press any buy button in the flow of emotions.
8.Sell with smaller profits, you will gain some confidence that ways.
9. Always play safe, first invest only which you can afford to lose, second try to put stop loss, so that if the price goes way too much low you will at least not lose all your funds.
10.Keep your funds safe, try to keep them in your wallet, if you are planning to store them for longer run, then hardware wallet is preferred, else a paper wallet is also safe.

Now coming to what coins you should buy?
You can read about 200+ coins here - https://coinswitch.co/coins
Read the future of the cryptocurrencies, there team, there technical and fundamental analysis etc.

My advice to you - Buy some BTC and ETH, but do your own research before taking my advice.

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Sylanda
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February 27, 2019, 01:38:24 PM
 #524

Personally as a beginner. I advice u to start up with just btc and ETH. They are currently very cheap. And whatever however, they will appreciate

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February 27, 2019, 01:39:30 PM
 #525

When u understand the market properly, u can now think of something else to invest in. The crypto market is really profitable but deceptive. Just start with btc and eth

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February 27, 2019, 01:40:09 PM
 #526

I would like buy Eth in this time, even the market is the depression in this moment, but I have found the ETH have risen more than the last month, if this is the spare money, I will buy it and hold it until the market recover.

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February 27, 2019, 01:44:38 PM
 #527

I would like buy Eth in this time, even the market is the depression in this moment, but I have found the ETH have risen more than the last month, if this is the spare money, I will buy it and hold it until the market recover.

A not so good improvement from 2 years ago because at that time Ethereum did not experience a bad price and for me at the moment the worst price of Ethereum
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February 27, 2019, 01:49:44 PM
 #528

In my own point of view, i think to start an investment on crypto, just stick to the coins that has a good performance and good potential for long term investments like bitcoin, ethereum coin, lite coin, minero coin, and ripple.
I do not think that it is Good to buy Ethereum at the moment. you need to wait for the update which we are waiting for. if they again fail to realize their plans, we will see a very strong fall. investors will stop to believe in this coin

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marjil
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February 27, 2019, 02:09:21 PM
 #529

Always invest in the major first
Like Btc/Eth/XRP

Then once you know more about the industry, u can buy into minor alts Tongue
I would probably say the same but you could include litecoin and dash as well as they are also well regarded in the community and have a good use case which keeps the price a bit higher on average.

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February 27, 2019, 02:14:55 PM
 #530

Ive never bought any coins before and am considering opening an account while the coins are low

How would you invest $1000 - 2000

Thanks

I think BTC and ETH would be the best cryptocurrencies to invest for beginners. Among the top crypto in the market right now, both coins have the most stable price in the past years so it is easier to monitor their prices when you are planning to invest. Also, most crypto pairings are tied to these coins so trading would not be a problem.
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February 27, 2019, 02:38:13 PM
 #531

I agree that as a beginner you must study first the market and look for the coin that can help you to earn profit, well it depends on you but for me bitcoin is the coin that can help you as a beginner. During this time that bitcoins price isn't rising you can take this opportunity to invest and choose what kind of investment its either long term or short term investment.
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February 27, 2019, 03:08:26 PM
 #532

It clearly depends on the investment amount because if you are planning to invest some huge amount then you can share it among the top 5 coins and make sure you are planning for long term. It's my suggestion as you are a beginner and you can also try researching so that you can get some idea.

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February 27, 2019, 09:37:38 PM
 #533

It is very important for a beginner not to get lost in the choice of coins in the cryptocurrency market.
I would advise a good coin to Ethereum, in which investments almost never fall.
This coin is constantly in the top and will be a long time first.

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February 27, 2019, 11:45:42 PM
 #534

Ive never bought any coins before and am considering opening an account while the coins are low

How would you invest $1000 - 2000

Thanks
for beginners it is better to invest in bitcoin, ethereum and coins which are included in the top 20 cmc, investing in potential coins
will be safer and also the risk of loss is smaller, we must choose potential coins that have good prospects in the future

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bhabygrim
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February 28, 2019, 01:29:12 AM
 #535

I think the best alt-coin for begginer are the top coins in coinmarket cap.
Since it already have so many supporter and they would be with us for a long time for sure.

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Polar91
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February 28, 2019, 01:34:27 AM
 #536

Ive never bought any coins before and am considering opening an account while the coins are low

How would you invest $1000 - 2000

Thanks
I suggest you to just trade it rather than investing it for long term if you're in doubt. It's because the the market's volitality is so strong thus it gives more chances for trader to take it as an advantage.
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February 28, 2019, 02:07:32 AM
 #537

Coin investment for beginners I think is the most appropriate altcoin, you can see it in the list of the best altcoins, many types of altcoins that you can invest, for example ethereum, eos, neo and there are still other potential coins, and are still being sold at low prices
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February 28, 2019, 02:56:37 AM
 #538

I would suggest of which coins are safe to invest for the beginner is that the bitcoin and ethereum these are good for the long term investment which is good for them since they have not enough knowledge about how to make good strategy of doing investment.

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February 28, 2019, 05:29:17 AM
 #539

As you said you are new then first i will advice never put all your fiat money in crypto trading,Invest only the money which loss you can bear, As you are beginner you just invest in Ethereum or BTC and hold it for some time i am sure you will get good return.

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February 28, 2019, 06:03:09 AM
 #540

I would invest for ethereum and bitcoin because it has very big potential and a very large marketcap.
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