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Author Topic: Investment Advice for year 2020  (Read 1728 times)
Novatech8
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February 13, 2020, 10:52:29 AM
 #61

If investors can buy altcoins for their use cases they have nothing to lose because eventually these altcoins will become very profitable, but my best bet will still be bitcoin, the market movement of bitcoin in a single year can bring you profit compare to the long term of altcoins

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February 13, 2020, 11:08:43 AM
 #62

to get profit, the thing that needs to be seen is the solidarity of a group or the ability not to reduce prices, if you hold altcoin, choose the highest altcoin at least 100 best ranking
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February 13, 2020, 11:12:41 AM
 #63

I believe that the time has come for the development of new technologies since the main Bitcoin coin is starting to show itself, while other coins are also rising in price. So the time has come for investors to develop new technologies. I believe that investors are already making decisions for the development of innovative technologies that will bring huge returns in the future. So now it is possible and necessary for ordinary users to invest available funds in promising coins.
Currently, new coins are the subject of great interest during this time and I hope people will choose to invest more because these are good choices in the long term. In fact, some of the coins that can be applied to our daily life are on the rise and if this trend can last for some time, it will surely attract a lot of investors.

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February 13, 2020, 12:05:51 PM
 #64

to get profit, the thing that needs to be seen is the solidarity of a group or the ability not to reduce prices, if you hold altcoin, choose the highest altcoin at least 100 best ranking
There are many altcoins in the top 100 are scams. Therefore, we must be careful when investing in the top 100, it is best to choose altcoins in the top 20 to invest. It will be a lot safer and also make us more profitable

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February 13, 2020, 12:12:56 PM
 #65

It all depends on how risk averse you are really. The fact that you've come here suggests that you're fairly comfortable with high risk, given the volatility of crypto, but there's a significant difference between Bitcoin on alts. I'd always suggest you start with Bitcoin and have a majority holding that - don't rush into any alt project, but there are a lot of them that are useless. Know that in Bitcoin you've got the most stable asset, which might not be doing x10, but has much more potential for growth than most stocks and other investments out of the crypto space...you should be comfortable with that. Don't succumb to greed and emotion, analyse projects and make informed decisions.

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February 13, 2020, 12:19:01 PM
 #66

to get profit, the thing that needs to be seen is the solidarity of a group or the ability not to reduce prices, if you hold altcoin, choose the highest altcoin at least 100 best ranking
There are many altcoins in the top 100 are scams. Therefore, we must be careful when investing in the top 100, it is best to choose altcoins in the top 20 to invest. It will be a lot safer and also make us more profitable
I think if you invest altcoin in the top 20 ranks you still get a little profit, you should be able to see events that will happen this year, the first is that bitcoin will halving bitcoin which will occur on May 12, 2020 and ethereum will launch a new program which is talked about by many people can get a lot of profit, so what if you focus on Bitcoin, Ethereum, Litecoin and XLM. for your capital to invest in these 4 coins then you can get a lot of profit until the middle of this year.

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February 13, 2020, 12:23:02 PM
 #67

If investors can buy altcoins for their use cases they have nothing to lose because eventually these altcoins will become very profitable, but my best bet will still be bitcoin, the market movement of bitcoin in a single year can bring you profit compare to the long term of altcoins

I suggest to the new investor to invest in bitcoin than the altcoin because right now, bitcoin is on the way to increase. Although we don't know when bitcoin price will rise, if we can buy bitcoin from now, I think it is worth to hold for some time. But if the new investor wants to invest in the altcoin too, maybe I will suggest investing in the top 10 coins because that coin list has the potential to increase.

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February 13, 2020, 12:28:00 PM
 #68

to get profit, the thing that needs to be seen is the solidarity of a group or the ability not to reduce prices, if you hold altcoin, choose the highest altcoin at least 100 best ranking
There are many altcoins in the top 100 are scams. Therefore, we must be careful when investing in the top 100, it is best to choose altcoins in the top 20 to invest. It will be a lot safer and also make us more profitable
I think if you invest altcoin in the top 20 ranks you still get a little profit, you should be able to see events that will happen this year, the first is that bitcoin will halving bitcoin which will occur on May 12, 2020 and ethereum will launch a new program which is talked about by many people can get a lot of profit, so what if you focus on Bitcoin, Ethereum, Litecoin and XLM. for your capital to invest in these 4 coins then you can get a lot of profit until the middle of this year.

you said top 20 but then you only recomend 4 coins but hey i also like those 4 coins that you said and ofc my favorite is the legendary bitcoin followed by etherium  .  i have xlm on the past but i dropped it and never came back  then i lately overwhelmed with litecoin  .  investment advice for 2020 will be a little tougher compare to previous advices knowing that 2020 is now being known to be the year of cryptos   . its hard to decide if you sell now or wait more and its hard to pick coins because all are pumping  .
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February 13, 2020, 01:09:49 PM
 #69

I think Bitcoin is the best option for the long-term investment on the cryptocurrency market. If you want to add more risky assets to your portfolio, you can choose some top altcoins as they likely to show a bigger growth than BTC.
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February 13, 2020, 02:25:09 PM
 #70

In this year I am not too focused on altcoin. I only care about the situation of Bitcoin and ETH because I have only invested in them since 2019. Altcoin for me is a scam so I have no interest in investing my money in them.

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February 13, 2020, 03:18:54 PM
 #71

.... deceitful advertising ....

....And people would still fall for these airdrops for sure. Especially if the project puts their price already in USD even if the project doesn't end up taking off yet.
I've seen this as like a bait for people to not just sell their information to airdrops, but because to their greediness and foolishness into believing such claims in price that aren't even realistic just yet, they tend to even invest like putting everything in their pocket in it.
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February 14, 2020, 06:26:03 AM
 #72

I think Bitcoin is the best option for the long-term investment on the cryptocurrency market. If you want to add more risky assets to your portfolio, you can choose some top altcoins as they likely to show a bigger growth than BTC.

Yes, that is true. Bitcoin still is the best coins as the long term investment, and if someone doesn't know what to invest in the crypto market, he can choose and buy bitcoin for the only investment he has. Selecting the top altcoin or choose one or more coins at the top 10 coin list will be better, and it will have the potential to increase, but we need to remember that this time, every altcoin will have the same chance to grow. And I think it is difficult to choose the right coin as the investment. Perhaps, ethereum, litecoin, xrp, bnb, eos, tezos are good to analyze, so you will found which coin can rise first at the market.

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February 14, 2020, 06:46:31 AM
 #73

If investors can buy altcoins for their use cases they have nothing to lose because eventually these altcoins will become very profitable, but my best bet will still be bitcoin, the market movement of bitcoin in a single year can bring you profit compare to the long term of altcoins
there is nothing wrong to choose bitcoin at the moment, even I feel that choosing bitcoin is the best. however, if we can take advantage of the current high altcoin price increase, it will be better. actually I have ethereum which is slightly more than bitcoin, and at this time the increase in ethereum prices is enough to make me profit.

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February 14, 2020, 10:18:56 AM
 #74

It all depends on how risk averse you are really. The fact that you've come here suggests that you're fairly comfortable with high risk, given the volatility of crypto, but there's a significant difference between Bitcoin on alts. I'd always suggest you start with Bitcoin and have a majority holding that - don't rush into any alt project, but there are a lot of them that are useless. Know that in Bitcoin you've got the most stable asset, which might not be doing x10, but has much more potential for growth than most stocks and other investments out of the crypto space...you should be comfortable with that. Don't succumb to greed and emotion, analyse projects and make informed decisions.

I could not agree more with you,,, we all know who come to crypto that this is a very high risk vehicle and extremely volatile asset. Yet still there are some people who think they can lower their risk and put everything in baskets. Ask Galaxy Digital, the world's biggest crypto fund, how they did in 2018 (70% loss). These were experts too. And they lost money. So the lesson is, advice is advice, but make your own decisions with money you must consider gone.

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February 14, 2020, 10:36:06 AM
 #75

I think Bitcoin is the best option for the long-term investment on the cryptocurrency market. If you want to add more risky assets to your portfolio, you can choose some top altcoins as they likely to show a bigger growth than BTC.
But for now BTC often grows well in all markets, so it doesn't hurt to hold a little BTC in the long run and the rest in some altcoins that are already really strong, because the market is currently in a very good condition.
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February 14, 2020, 11:27:45 AM
 #76

The only investment advice that we should remember are,
"Invest only what you could afford to lose" and "Don't put all your eggs in one basket" .
This is the advice that is often ignored and result to losing so much investment or money.

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February 14, 2020, 11:41:05 AM
 #77

I am of the opinion that we should not totally annul investing in altcoins. If some of the new altcoins in the space today, had the opportunity of coming on board when the old ones were launched, they would have done better. Well, the old ones are better now, but that does not mean that technically, they are better than the new ones. The only problem we are facing is that investors seem to be satisfied with what we already have.
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February 14, 2020, 11:59:05 AM
 #78

my advice before investing should learn about bullish or bearish trend information and choose a good altcoin by looking at cmc
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February 14, 2020, 01:08:39 PM
 #79

my advice before investing should learn about bullish or bearish trend information and choose a good altcoin by looking at cmc

I think he can choose the top 10 coin list and then analyze each coin so he can find what coin that can increase, although that will be difficult for him to find the right coin. But still, the top 10 coin list will have a chance to grow so he can pick one or two good altcoins to invest. But maybe I suggest him to choose bitcoin to invest in this year because bitcoin will rise higher and sometimes, the price can hit the highest price without we can expect.

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February 14, 2020, 02:34:02 PM
 #80

my advice before investing should learn about bullish or bearish trend information and choose a good altcoin by looking at cmc
To learn both are very important thing right now but this is not the main thing that must be known by everyone. As long as someone can understand the fundamental of coin and this can be a very strong thing that must be owned by everyone. The market can go to the various direction even a good news doesn't give a small impact.



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