South Park
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February 17, 2020, 10:19:08 PM |
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My personal thinking is that Bitcoin will gradually increase in 2020 so Bitcoin investment will be the best option for short and long term plans. Ethereum and Tron are also good coins for long term holding.
That is still not a sure thing, the year of 2019 was a positive year for bitcoin regardless of the final 6 months which were negative but if this year is positive as well then this means that most likely a bull run happened and I really think that cannot happen until 2021 once the effects of the halving are more clear, the recent recovery in the price we saw was good but now we are seeing that we could see a retracement during the next days and if people fall prey of FUD the price could go below 9k in a heartbeat.
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Natalim
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February 17, 2020, 11:26:18 PM |
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Most people make the mistake of buying this kind of coin during their rapid growth, which subsequently leads only to loss.
That would be the obvious result if they don't know how to sell at the right timing, for experience traders they make money on that but fore typical traders they lose that is why it's not advisable to do day trade if you are not equip with full knowledge. buying at dip and selling at peak is still the most basic yet a very effective way of investing.
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dragon695
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Decentralized Ascending Auctions on Blockchain
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February 18, 2020, 02:27:27 AM |
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You are free to choose bitcoin and altcoin as your investment place with one note you have made some analyst against it. You can see the movement price right now when most od altcoin prices are decreasing, I saw most of them has been decreasing a lot and it doesn't like bitcoin. Bitcoin price just decreasing in price 3% and this is pointed out bitcoin is really safe for your investment place, at least it will make you comfortable to facing any situation.
Altcoin will only adjust for a short time and will increase prices again in the shortest time so no need to worry when choosing long-term investment during this time. I think this year will change a lot and demand for investment will increase very fast. Currently, Bitcoin is a safe choice for all investors but you cannot get rich from this coin and you should choose better new projects to make a profit.
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Jannyh
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February 18, 2020, 04:02:12 AM |
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The truth is what you said, bitcoin is the safe haven where you invest and have total rest of mind, now that being the case, doesn't mean altcoins are now totally useless or not worth holding, the thing is do your research and hold some altcoins with potentials, you will be happy you did because their return of investment is huge. Always do your research before any investment.
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Captain Corporate
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February 18, 2020, 06:29:15 AM |
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Ethereum went up a lot, everyone was expecting a later stage bull from ethereum so I would say it is not a guaranteed investment anymore. We knew it would go up and thats why it was a good investment back in the day but now that it is already high, do we still think it will go up or do we think that it already went up and it may not go up any more? That is something we may never know, maybe this is all it increased or maybe it will be 500+ dollars, we are not certain about it. I would say for 2020 ethereum could be one, plus eos looks like a good one, tron looks good, bnb looks good, those are the only ones I am happily invested in right now and I am not selling them any time soon. Of course there could be smaller ones that I might be missing out on.
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Shallow
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SmartFi - EARN, LEND & TRADE
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February 18, 2020, 08:55:07 AM |
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On the off chance that you intend to put money/Funds into Alts, kindly do your own examination and know that deceitful advertising sensationalizes pretty much every altcoin projects. Altcoins, and the organizations behind the projects are additionally helpless against guideline, Bitcoin isn't.
Bitcoin is the far superior investment for 2020. Not exclusively is it seen as a place of refuge resource, but at the same time it's the first digital money and consistently leads blockchain advancement through it's BIP procedure
If you must hold altcoin because they always bring better profits do not go too deep and make sure your altcoins are top altcoins
When it comes to holding coins, BTC is always the first choice and nothing can be done about it, because it is a lot safer than most altcoins out there. Yes, you made a very good point which should be adopted by everyone; don't go jumping into any altcoins out there, take your time and make the right research which will lead to the right choice. Also, holding top altcoins is a good call as well because with the number of altcoins in existence it might be difficult finding the good ones, therefore starting with top altcoins then narrowing down to others is a good one.
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irixo10
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GoMeat - Digitalizing Meat Stores - ICO
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February 18, 2020, 09:41:07 AM |
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Altcoins are still good though but the issue is finding the good ones which is why most people tends to stick to top 10, top 20 or top 50 some can even extend their search to top 100. On the other hand, there are others who still go for coins not in top 100 while some also prefers potential upcoming coins which they believe can offer something. Therefore it can be seen, different strokes for different folks, everyone knows what they want. But in all, the most important thing is, don't seek after hype nor go for any coin especially those not among the top without adequate reasons, and lastly holding Bitcoin is a very good decision.
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aemma
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February 18, 2020, 10:06:02 AM |
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On the off chance that you intend to put money/Funds into Alts, kindly do your own examination and know that deceitful advertising sensationalizes pretty much every altcoin projects. Altcoins, and the organizations behind the projects are additionally helpless against guideline, Bitcoin isn't.
Bitcoin is the far superior investment for 2020. Not exclusively is it seen as a place of refuge resource, but at the same time it's the first digital money and consistently leads blockchain advancement through it's BIP procedure
If you must hold altcoin because they always bring better profits do not go too deep and make sure your altcoins are top altcoins
To begin with, I will really commend you for this. Actually the one of the most or best investment advice is investing what you can afford to lose especially when going for newer projects or some altcoins, like those not top altcoins. Holding a coin like ETH doesn't come with much issues because it always regain its value once there is a favourable market. Bitcoin on the other hand can't be compared to any because it is the best anytime any day. Furthermore, let's seek for those altcoins which are genuine in their doings at least with a working and proven products it saves unnecessary headaches.
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Blue_oxen
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February 18, 2020, 12:32:29 PM |
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The truth is what you said, bitcoin is the safe haven where you invest and have total rest of mind, now that being the case, doesn't mean altcoins are now totally useless or not worth holding, the thing is do your research and hold some altcoins with potentials, you will be happy you did because their return of investment is huge. Always do your research before any investment.
The research is essential and it will definitely help you a lot in investing. There are a lot of good coins to choose from right now, but you should only choose new ones to increase your chances of making a profit. In addition, you can also participate in some large IEO projects at big exchanges because that is often the place where people have been interested a lot recently.
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Ashong Salonga
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February 18, 2020, 08:15:57 PM |
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On the off chance that you intend to put money/Funds into Alts, kindly do your own examination and know that deceitful advertising sensationalizes pretty much every altcoin projects. Altcoins, and the organizations behind the projects are additionally helpless against guideline, Bitcoin isn't.
Bitcoin is the far superior investment for 2020. Not exclusively is it seen as a place of refuge resource, but at the same time it's the first digital money and consistently leads blockchain advancement through it's BIP procedure
If you must hold altcoin because they always bring better profits do not go too deep and make sure your altcoins are top altcoins
I agree. Whenever you do want to do such important decision making such as investment, better do your own experimentation and your own research regarding such coins you see that has potential and looks promising for your perception and see if it is really worthy or the other way around. Assuring that the project you wish to engage is legible, reliable and worthy as well is the key for obtaining or securing that you are doing a secure and safe investment.
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fvb
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February 18, 2020, 08:34:25 PM |
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On the off chance that you intend to put money/Funds into Alts, kindly do your own examination and know that deceitful advertising sensationalizes pretty much every altcoin projects. Altcoins, and the organizations behind the projects are additionally helpless against guideline, Bitcoin isn't.
Bitcoin is the far superior investment for 2020. Not exclusively is it seen as a place of refuge resource, but at the same time it's the first digital money and consistently leads blockchain advancement through it's BIP procedure
If you must hold altcoin because they always bring better profits do not go too deep and make sure your altcoins are top altcoins
Your reasoning is interesting. But the fact is that investment is an in-depth analysis and detailed study of the market, as well as a specific project. And all this applies at any time, and not specifically only in 2020.
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Chuky92
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February 18, 2020, 08:58:35 PM |
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Exactly, the first thing to do is to check or study the altcoins one wish to invest in, as it's easier to take correction before buying than after buying and it didn't go according to plan. Secondly, if the urge to do research on the potential altcoins aren't there owing to the large number of altcoins in existence, then going for top altcoins is the best way out so as to be on the safer side. Bitcoin perhaps is the first to be in ones portfolio, and this is why most people always allocate a bigger percentage of their funds to it because it's better in all ramifications.
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bitcoinst
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February 18, 2020, 09:28:51 PM |
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Most people make the mistake of buying this kind of coin during their rapid growth, which subsequently leads only to loss.
That would be the obvious result if they don't know how to sell at the right timing, for experience traders they make money on that but fore typical traders they lose that is why it's not advisable to do day trade if you are not equip with full knowledge. buying at dip and selling at peak is still the most basic yet a very effective way of investing. The strategy seems quite simple and transparent, but you need to have certain investment skills, preferably the skills of a trader, in order to be able to more accurately determine the points that are the lowest for a certain period, as well as the points that are the highest for the same period. This is quite difficult to reproduce for beginners.
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nelson4lov
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February 20, 2020, 10:13:52 PM |
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Seconded @OP. Bitcoin is still an essential investment even though it wouldn't give 10000x return in the next 2 months but it's still top. Altcoins has potential to give better roi but it's important to understand that in as much as they can give nice profits in a short period of time, they can also go drop as fast as they rise up! So it's a case of managing risk and reward. That said, I will suggest users to trade in-demand cryptocurrencies.
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Kiefner
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February 20, 2020, 10:40:36 PM |
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In investments, the coin you buy is of great importance. I agree with you on this. It is very important to pay great attention to this choice, because your future profit depends on it. I don't understand how people can buy shitty coins without even bothering to do research.
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tabas
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February 20, 2020, 11:49:46 PM |
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A good advise, however know that before going into crypto investment, you shall take the risk, you won't be able to earn if you won't take the risk. It's either you would success to earn or take the lesson of loss.
It's the golden rule in investments. No risk, no reward. But you need to be careful of high reward but no risk investments. Bitcoin is a high risk and high reward kind of investment and others don't treat it as an investment. So, if you will take bitcoin as an investment, this is the safest option for this year due to the block halving reward. Avoid the shilling of different altcoins but if you want it, learn and research.
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CuriousGeorge
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KUWA.ai
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February 21, 2020, 12:04:24 AM |
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In investments, the coin you buy is of great importance. I agree with you on this. It is very important to pay great attention to this choice, because your future profit depends on it. I don't understand how people can buy shitty coins without even bothering to do research.
Some people said just dealt with the promising crypto and that makes sense. A good coin will never stop to bring the capital gain for the early or even late-game investors. Those people who are buying shitcoin to bet on the more volatility that can happen anytime. Look at more than 100% pump that happened with the shitcoin.
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Crypto_lion
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NEW MEDICINE:Faster, Safer, Smarter
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February 21, 2020, 07:21:02 AM |
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The best but if advice right now would be if you had invested during the bull run and hopefully if the project is still alive and you still believe in the project then now might be a good time to average the tokens in terms of buying a bit more and doing DCA.
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South Park
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February 21, 2020, 09:10:05 PM |
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The research is essential and it will definitely help you a lot in investing. There are a lot of good coins to choose from right now, but you should only choose new ones to increase your chances of making a profit. In addition, you can also participate in some large IEO projects at big exchanges because that is often the place where people have been interested a lot recently.
Making your own due diligence is a must and something that must be done by anyone that is serious about investing money in this market, but I disagree when you say that that only new coins must be selected as investment options, the failure rate of new coins is above 95% with many of those coins never turning a profit, you do not want to lose your money in those coins when bitcoin is so close to the halving, it is way better to just invest in tested and solid coins with good reputation, it is true your profits are not going to be as good but if you invest for the long term your chances of making some profits are very good.
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moonblocks
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3... 2... 1... Launch!
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February 22, 2020, 02:51:29 AM |
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If you're investing for the long term the focus should be on adding good quality alternative assets to your portfolio and this can include small cap and new projects but do your own research into each one to ensure they fit your strategy
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