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Author Topic: Gonna sell my stock assets and invest in these top currencies. Suggestions?  (Read 1190 times)
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January 23, 2020, 10:51:20 AM
 #21

I would probably go to bitcoin and invest all of the extra money there. We all know that halving is about to happen. If you are going to invest in the bitcoin, there is a higher chance that your investment will be doubled or tripled because there is some prediction that the next value of bitcoin will be 100,000 USD. Imagine if you invest now. For sure you are going to gain income into it.
It is true that bitcoin is a good and right coin to invest in the long term and also some people make predictions about the price of bitcoin which sometimes makes us believe in disbelief but maybe it can happen and investing in bitcoin is the right decision to done or maybe the OP can divide investments into bitcoin and some altcoins that he thinks are good or have a great opportunity to provide benefits.

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January 23, 2020, 10:55:02 AM
 #22

Bitcoin and Ethereum are the right choice for your investment, but if I may suggest you also have to buy XRP or TRX because the prices of both coins are still very cheap.

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January 23, 2020, 11:04:45 AM
 #23

You have a good list of investing. However, maybe you should only invest in bitcoin than to use the altcoin for the investment because your initial money is not too big. If you use $500, I wonder how you will split the money to be used as the investment. Or you can use $300 for bitcoin, $100 for ethereum, $50 binance, and $50 for buying eos. But if you can use all of $500 to invest in bitcoin, and hold it for the next bull run, you don't have to do anything and only wait for the next bull run for bitcoin price.

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January 23, 2020, 11:08:54 AM
 #24

Hello all,

I am new to crypto currency market as I was before in shares and stock market. I have basic knowledge of cryptocurrencies like how supply, demand and history of famous coins. I am looking to invest in 2-3 cryptocurrencies. My investment: $200-$500. I would like to invest little amount in starting, afterwards I will increase my investments.

Well, I select the following coins:

Bitcoin : because it is no.1
Ethereum: this crypto is down these days, but I have got a news that ethereum 2.0 will roll out this year. So, I hope that this crypto currency price will go up.
Binance: because of stability

And eos if possible

I would like to know your suggestions before taking the steps.

Thanks

I doubt that you'll be able to gain significant profit if you were diversifying over 4 coins.

This may seem a bit self contradictory given the fact that usually we're told to diversify as much as possible, but with such a small initial investment of $250-500, if you diversify too much, transaction fees each time you trade with an alt will quickly dig into your profits.

The picks are good though. I'd just focus on ETH and BNB/EOS if you're into short term profits.

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January 23, 2020, 11:51:14 AM
 #25

I haven't seen the growth of EOS properly. if you have to consider, I might be able to suggest Binance is better than Eos ... BNB growth and support is greater than EOS. as a coin with the support of the No. 1 exchange in crypto, BNB has a fast and significant growth. BNB prices today are still cheap. my belief is that when BTC pumps, BNB will get 2-3x the increase.
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January 23, 2020, 12:09:34 PM
 #26

It seems like you have learned a lot before investing and just asking for a few suggestions, unlike most people who don't even know anything about the coins they are going to invest, I think the coins you mentioned are all good for the long term except eos maybe you can replace them with LTC or XLM .

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January 23, 2020, 12:21:52 PM
 #27

A good portfolio that can be divided in such a percentage is Bitcoin 50% and the remaining 50% divided into other coins. At least bitcoin takes up more space than other coins.
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January 23, 2020, 12:31:49 PM
 #28

your choices are good, bitcoin is the coin with the biggest market cap and the potential for the highest price increases is also the biggest among others. etherum, with the development and also the smart contract, etherum also always has a strong value and shows the potential that is not less than bitcoin. binance, recently binance is also growing stronger, as evidenced by the liquidity of the binance. but if you want to choose only "one", I would recommend you for bitcoin.
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January 23, 2020, 12:45:09 PM
 #29

Bitcoin : because it is no.1
Ethereum: this crypto is down these days, but I have got a news that ethereum 2.0 will roll out this year. So, I hope that this crypto currency price will go up.
Binance: because of stability

And eos if possible
I will just share my opinion with this.

Bitcoin - Since it is the top cryptocurrency right now and it is where most newbie investors put their money on, I suggest too that you should put most of your funds here at around 50-70% maybe. The most trusted currency and many believe that it will rise slowly in the future.

Ethereum - This is the top 2 cryptocurrency right now so no doubt that you can put some of your money here.

Between Binance and EOS, I'd rather choose EOS to put my money on instead of Binance (BNB). I don't like how CZ works with other people. He is just manipulating some of the coins there especially those who launched their IEO's there.

Honorable mentions that you can pick too if you want. LTC, XRP, LINK, DASH

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January 23, 2020, 12:52:18 PM
 #30

Planning to invest on top altcoins is one of the best options, your current plan on investing in btc, ethereum and bnb is a good choice. Adding eos is also good  but you can add other crypto such as xrp, ada or xlm. You can compare them to your choices, or even add them so you can have more choices.


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January 23, 2020, 01:14:46 PM
 #31

In my opinion, you invest in the position of choosing the right coins and it would be far better if you invest in the long term to avoid worry and panic when among the coins you choose to experience a decline, even though you have basic knowledge about cryptocurrency but you don't or haven't experience it firsthand and it will affect your psychologist when everything is not according to your plan.
because you have sacrificed your stock assets which should be far better and profitable, and your choice is very appropriate to choose cryptocurrency to invest especially I prefer to support you investing in Bitcoin and Ethereum which always gives a very good return especially in long-term investments.

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January 23, 2020, 01:34:55 PM
 #32

Hello all,

I am new to crypto currency market as I was before in shares and stock market. I have basic knowledge of cryptocurrencies like how supply, demand and history of famous coins. I am looking to invest in 2-3 cryptocurrencies. My investment: $200-$500. I would like to invest little amount in starting, afterwards I will increase my investments.

Well, I select the following coins:

Bitcoin : because it is no.1
Ethereum: this crypto is down these days, but I have got a news that ethereum 2.0 will roll out this year. So, I hope that this crypto currency price will go up.
Binance: because of stability

And eos if possible

I would like to know your suggestions before taking the steps.

Thanks
Bitcoin and ethereum I think is the right choice for you because we know that bitcoin is the number one or top coin among others and ethereum continues to develop its projects and features that make many investors interested in investing in it and it is very possible for the price to be able pump later. And maybe you can add a few other coins that you think potentially correspond to what you observe.
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January 23, 2020, 01:41:54 PM
 #33

If I were you, I will not do that. Do not exchange your stock assets for cryptocurrencies because it is a high risk investment because of the volatility and it could give you a lot of losses if you do not know how to invest with the help of technical analysis. I would suggest for you to just get at least 10-30% of your stock portfolio and put it into cryptocurrency so you will have a good ratio of diversification.

 
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January 23, 2020, 01:45:42 PM
 #34

Hello all,

I am new to crypto currency market as I was before in shares and stock market. I have basic knowledge of cryptocurrencies like how supply, demand and history of famous coins. I am looking to invest in 2-3 cryptocurrencies. My investment: $200-$500. I would like to invest little amount in starting, afterwards I will increase my investments.

Well, I select the following coins:

Bitcoin : because it is no.1
Ethereum: this crypto is down these days, but I have got a news that ethereum 2.0 will roll out this year. So, I hope that this crypto currency price will go up.
Binance: because of stability

And eos if possible

I would like to know your suggestions before taking the steps.

Thanks

I can tap your shoulder for choosing the right coins to invest, if you are investing a small amount a small list will do you good just be sure that you are picking the right and the best coin that will give you maximum profit, I guess 100% of investors have these three coins for obvious reasons, if you want to add more there is still Litecoin and Ripple add the later if you want more profit.


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January 23, 2020, 01:50:17 PM
 #35

Hello all,

I am new to crypto currency market as I was before in shares and stock market. I have basic knowledge of cryptocurrencies like how supply, demand and history of famous coins. I am looking to invest in 2-3 cryptocurrencies. My investment: $200-$500. I would like to invest little amount in starting, afterwards I will increase my investments.

Well, I select the following coins:

Bitcoin : because it is no.1
Ethereum: this crypto is down these days, but I have got a news that ethereum 2.0 will roll out this year. So, I hope that this crypto currency price will go up.
Binance: because of stability

And eos if possible

I would like to know your suggestions before taking the steps.

Thanks

I think your choice of cryptocurrencies to invest are good choices. Three of them are in the top 10 of coinmarketcap and are stable cryptos. I would also include chainlink in your choices. Since its release, I have seen LINK always included in the top coin to invest by most enthusiasts. It has a useful platform and is supported by many influential crypto entities. I'm pretty sure it would grow more this year.
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January 23, 2020, 02:01:50 PM
 #36

I wouldn't change a thing in your choic8, For beginners BTC,ETH is enough!! Once you learn enough then take some risks in altcoin market, For lesser risk keep your coins selection to top 30 and below.
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January 23, 2020, 02:16:03 PM
 #37

If I were you, I will not do that. Do not exchange your stock assets for cryptocurrencies because it is a high risk investment because of the volatility and it could give you a lot of losses if you do not know how to invest with the help of technical analysis. I would suggest for you to just get at least 10-30% of your stock portfolio and put it into cryptocurrency so you will have a good ratio of diversification.
Well, there's a lot more room for profit with cryptocurrency because of that volatility. And add that to the increasing popularity of the crypto scene over the world, Most would be tempted to actually go ahead and invest on them. Besides, even if you know how to TA, it's only one part of earning profit. The basics should be solid already since he came from the stock market, and so the only thing he pretty much needs is to understand the futures of each coin he chose.

I'd personally recommend adding Litecoin and Ripple to your choice of investment. Much more diversified portfolio imo. BTC and ETH is already a standard, so no opinion on that. s
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January 23, 2020, 03:00:56 PM
 #38



Well, I select the following coins:

Bitcoin : because it is no.1
Ethereum: this crypto is down these days, but I have got a news that ethereum 2.0 will roll out this year. So, I hope that this crypto currency price will go up.
Binance: because of stability

I will stay with your choice, i think that 3 coins already good for investment. And for me, that 3 have positive reason why to hold like bitcoin with halving, ETH with 2.0, and Binance with their successful exchange. With that it is worth to try to make investment from it.

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January 23, 2020, 03:11:55 PM
 #39

Hello all,

I am new to crypto currency market as I was before in shares and stock market. I have basic knowledge of cryptocurrencies like how supply, demand and history of famous coins. I am looking to invest in 2-3 cryptocurrencies. My investment: $200-$500. I would like to invest little amount in starting, afterwards I will increase my investments.

Well, I select the following coins:

Bitcoin : because it is no.1
Ethereum: this crypto is down these days, but I have got a news that ethereum 2.0 will roll out this year. So, I hope that this crypto currency price will go up.
Binance: because of stability

And eos if possible

I would like to know your suggestions before taking the steps.

Thanks
Firstly, I suggest you increase your knowledge of crypto. It is a great advantage to be related to trade in advance, but there is a huge difference between share and crypto markets. Secondly, your choices are good. The status of btc and eth is known, while bnb still seems to be able to maintain its status long time.
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January 23, 2020, 03:19:20 PM
 #40

Very small aim you got there OP, having 5 types of coins is not good enough unless you plan to hold for short time only, if you are going for a long time ride you better make the ride worthy, add more good altcoins on your list, no one knows tomorrow
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