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Author Topic: Gonna sell my stock assets and invest in these top currencies. Suggestions?  (Read 1263 times)
radjie
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January 23, 2020, 04:44:12 PM
 #41

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 you have a good analysis for choosing potential coins to use as investment assets. the coin you mentioned looks suitable for you to invest if you really want to start trying to invest in cryptocurrency, but in the future you should be able to add the money you have into bitcoin, because this coin is very appropriate to be used as a form of long-term investment and certainly can provide considerable benefits in the future
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January 23, 2020, 05:02:33 PM
 #42

You're fine with those. I am gonna try to look into BSV and BCH, as people tend to like word those coins positively but hey it's up to us in the end. It's our portfolio anyway.
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January 23, 2020, 05:38:33 PM
 #43

choosing ethereum in my opinion is pretty good, because etherum 2.0 will launch soon, just a suggestion you should also learn what features etherum 2.0 will give you, and continue to always check the ups and downs of ethereum prices.
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January 23, 2020, 05:47:52 PM
 #44

at least you already know the basic things about cryptoqurrency that you have said above, so I think your cryptoqurrency list is a good choice if you want to invest in BTC, eth, bnb or eos. they all have great potential for investment in the future, if I personally would not hesitate to invest my money with a few coins above.


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January 23, 2020, 05:51:13 PM
 #45

Bitcoin is kinda eh right now. If you're planning to invest on the long term though, it'd be a better decision instead of day to day trading. As for alts, you got ETH down already. Some other good coins would be doge, lite, and xrp. Xrp though is kind of half and half with me. There's also BSV that recently went up quite a bit, but a lot seem to think that bulls aren't back yet, so make a decision for yourself

BSV did make a show recently, maybe from CSW trend but I don't think it would be good to invest with it in a long term basis. Although Bitcoin gradually decreasing as of now, I think it is better to give it a shot since bitcoin been quite stagnant and past few days in a fair price it might as well be go pump back to where it was again, in my opinion. It is up to you, either.
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January 23, 2020, 05:57:16 PM
 #46

Those four are great and I would do the same. Stay away from centralised garbage like XRP or any coins that are outside from top 20. ETH, BTC, EOS and BNB are the best assets to invest at the moment.


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January 23, 2020, 05:59:30 PM
 #47

-snip-
What about LTC, as far as I know LTC is also the best altcoin at present with various advantages. I hope you will not make a hasty decision at the beginning of your investment or trade. Try to analyze how the pre-halving crypto market beforehand as your current guide. I think halving what will happen in the next few months will affect the price of altcoin.

So again, I hope you do the best possible analysis because it is associated with investments or cryptocurrency trading the risk will be greater if we make the wrong choice.
If I were you, I would make a choice on this potential altcoin:
1. Ethereum
2. LTC
3. BNB
4. Dash

Warning: But you dont have to be like me, its just a personal choice and the decisions you make are legitimate based on your own desires.

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January 23, 2020, 06:40:32 PM
 #48

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
You came to invest in crypto currencies in a very good time because it is a shining age for the value of bitcoin which will give a highest value to bitcoin in this year. If you want to invest then do not waste your time and invest in crypto as soon as possible.
Your selection of coins is also very good but keep in mind that with these other altcoins which you mentioned, you have to wait for a little longer to get actual profit from them. These are very good altcoins but will take some longer time than bitcoin price to rise. Binance coin is also a good decision and it also increase in value, you mentioned stability with it while it is also a coin with a variable value.
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January 23, 2020, 08:12:56 PM
 #49

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

Mate, you should not seek help regarding investment. Every project is unique and every investment is also unique. My way of trading may make me rich but may not work for you.
Best practice will be, split up your investment into multiple coins and start trading with small amount of money. Alt will bring bigger profit but alt may turn into trash coin too.
BTC, ETH are safe bet. You may also check tachyon
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January 23, 2020, 08:16:04 PM
 #50

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
If indeed you are new regarding cryptocurrency it is better if you try with a little capital that you have because this is in guard so that you do not experience losses, maybe between the way of trading between shares and crypto is not much different but still crypto and shares have their respective factors in supporting their price movements in the market, even though you are experienced in stocks you should also still have to find out how to basically trade the Cryptocurrency.

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January 23, 2020, 08:32:45 PM
 #51

You are doing right in my opinion
BTC is the first one and the smartest decision is to have more BTC in any portfolio
ETH will rise up in value for sure, devs are working hard and a great future will come

Binance coin is another great coin because of the stability of Binance, the best exchange nowadays


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January 23, 2020, 09:12:31 PM
 #52

I already sold my stocks and bought bitcoin and so far I have no regrets on doing this because cryptocurrency made a big profit for me. Stocks is not moving that fast and your profit really takes time but if you do invest on good cryptos then you will realize the big difference. As long as you have btc and eth on your wallet, i believe you can get the best profit and invest your money on other good coins.

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January 23, 2020, 09:16:55 PM
 #53

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

A lot of people sell their top assets to invest in bitcoin

But the main question is that are you selling your altcoins ?

or are you dumping your altcoins ?

If you are selling your portfolio, it means you are in profit already, selling without panic and making another investment

But if you are dumping your portfolio, it could mean that you are in loss and panic over whether to continue holding at loss or not.

Don't mix up your feelings, dyor and get the basics right.
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January 23, 2020, 10:00:18 PM
 #54

It is not a bad idea because all of us know that big economic crysis is coming, shares are at their all time high levels, while cryptocurrencies are at their lowest levels. So sell expensive and buy cheap.  Wink

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January 23, 2020, 10:34:15 PM
 #55

Your choice I think is right if you want a more secure risker like that. Because Bitcoin for the long term any time expensive going. Ethereum because it wants to launch 2.0 the Stakingnya that much in the waiting for by many people as well. BNB from Binance because their project is good and the token is always in use in their DEX pair. If you want to risk, take the coin top rank that has a bad price usually if the hockey will have a high pump.

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January 23, 2020, 10:47:26 PM
 #56

You have very correct decision bitcoin, ethereum and BNB can indeed be said to be a stable coin and as a beginner it will not disappoint you in the future

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DosManos
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January 23, 2020, 10:50:47 PM
 #57

well you invest in really good projects with lowest risk in crypto right now
its a good idea for long term

but i think that there are many better projects that EOS to invest in.
Kyraishi
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January 23, 2020, 11:00:41 PM
 #58

Good choice.

Especially when the stock market seems to be overvalued, and tech stocks seemingly unbeatable. It's a good idea to step out of the market for a second and diversify your portfolio into something that isn't dependent on the fiat economy, especially in this geopolitical climate.

BTC and alts are going to start its bullish ascension soon. Make sure that you diversify your buys enough so that you can ensure you don't enter into the market in prices that are too high.

xiboothrezi
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January 23, 2020, 11:16:14 PM
 #59

The right choice to choose BTC and ETH, especially for the long term. Learn the right strategies for investment, and last but not least, understand the risks. BNB is also quite potent, but at certain times it can pump, so be sure to get the right timing for taking profit. For other altcoins that are quite potential are XRP, and ADA. It would be safer to choose potential and strong altcoin in the market, don't take the risk of investing in shitcoin. Joining IEO can also be an alternative, but the risk is still there despite choosing a trusted exchange like Binance.

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inoes
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January 23, 2020, 11:54:33 PM
 #60

As a beginner it is true if it's better to choose coins that are certain and clear in the market ... BTC, ETH, EOS in my opinion is good. it all depends on when & at what price you buy coins and when & at what price you sell it.

Dogeum.io
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