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Author Topic: I have some funds to invest-- How do I make a good decision?  (Read 1920 times)
donowa (OP)
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February 20, 2020, 12:21:43 AM
 #1

There are so many coin out there, Please what do I look out for to make a good choice for investment into any of the coin.

Please be sincere.


Thanks 
daniahya
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February 20, 2020, 12:50:39 AM
 #2

you can choose a top rank coin in coinmarketcap in my opinion top 1-10 is not bad to make long-term investment so it depends on your taste you want to choose which coin suits you, I myself still maintain ethereum and tron
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February 20, 2020, 01:12:54 AM
 #3

Goal setting is the most important. Before doing anything, you should set goals, it will make you more effort. To do this, you should first know what you are afraid of. You can write them down and think about the worst-case scenario. Can you accept it?

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February 20, 2020, 01:36:51 AM
 #4

for now, no other offer is more promising than bitcoin. however, some altcoins such as ETH, BNB, TRX, LTC, EOS, BSV, BCH, and other popular coins can also be alternatives. however, I would rather choose bitcoin because it's the safest route. consider this, however, choosing a coin other than the top coin will only add to the risk. DWYOR

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February 20, 2020, 01:39:46 AM
 #5

you can choose a top rank coin in coinmarketcap in my opinion top 1-10 is not bad to make long-term investment so it depends on your taste you want to choose which coin suits you, I myself still maintain ethereum and tron
+1 thats the best choices we can give to you, it will lessen the risk to lose higher if you will only invested in the top crypto currency. In which of them its up to you as long as its in the top your much secured compared to other altcoin in the market.
Ignore other coins that you think that will not give you any profit, you can risk in the altcoin not in the top but dont use all your money  use at least 20% for other alt thats enough want to try other alt also.
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February 20, 2020, 01:58:13 AM
 #6

There are so many coin out there, Please what do I look out for to make a good choice for investment into any of the coin.

Please be sincere.


Thanks 

I advice that you go on the safe side and that is only invest coins that have proven their worth in the market, there are many to choose from so confined on coins on their performance int he market for the last three years and their development on those times, I believe you can pick 5 to 8 coins and add it to your portfolio.

Reid
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February 20, 2020, 02:09:12 AM
 #7

I always look at the graphs.
History checking with how much the price started and how it changes monthly or whatever span you prefer.

If it is bitcoin then do so. Invest in it as early as you could.
With altcoins I always prefer Ethereum. No problem with trust. Popularity, check!
So the possibilities for the value to rise will always be there specially now that people are hyping the staking method.
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February 20, 2020, 02:19:51 AM
 #8

There are so many coin out there, Please what do I look out for to make a good choice for investment into any of the coin.

Please be sincere.


Thanks  

Who do you think has the greatest adoption?

That would be the first question because in terms of cryptocurrency the one who generates mass adoption is the king.

Why? Because for a certain crypto to be consider as a currency it should have a number of people who will patronize it and honestly in our case bitcoin was the most popular.

However, I am not saying that bitcoin will still the king as years go by, it depends on the mass what coin they will support.

Now what are the reasons why are they supporting these coins?
It will somehow base on the purpose or feature of the coin or maybe because of the hype it was generating.
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February 20, 2020, 02:24:30 AM
 #9

Assuming you're very new to cryptocurrencies, I would recommend investing a little money into the larger cryptocurrencies like Ethereum and Bitcoin and then diversifying into smaller ones later once you gain more experience. There's a ton of factors you can look for when deciding what crypto to invest in, but for the smaller ones some of the things to think about might be the size of the intended target audience and the viability of the project itself. Many newer projects tend to lack in either of these two and end up failing, but it's also good to realize that there's plenty of scams out there too. You'll learn to find likely scams with experience, as most of them tend to not be very elaborately laid out.
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February 20, 2020, 02:35:14 AM
 #10

There are questions that you will need to consider before buying any coins, yes, I do agree BTC would be the safest investment however just like what I said, you have to see first the market condition. If you are a newbie, better to go with top coins/tokens. Again, consider factors such as, are you going to hold for long or short term? Such questions/factors that you need to consider.
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February 20, 2020, 04:26:03 AM
 #11

There are so many coin out there, Please what do I look out for to make a good choice for investment into any of the coin.

Please be sincere.


Thanks 
Here is my little advice as there are many coins or altcoins out there and if you will visit in coinmarketcap there are 5k plus currencies that are listed there. So you wise decision is to pick at least 3-5 currencies that gives a good sign of increasing and make sure that you will base your checking in 2-3 months of their graph.

Check also their ATH and their price increase starting from December 2019 until now, if you find a currency that gives a potential increase in just a short period of time and their ATH is very high compare to their current price then you can invest to it. Investing needs your effort in order to become successful and don't be lazy or you funds will just fade easily.

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February 20, 2020, 04:31:11 AM
 #12

There are so many coin out there, Please what do I look out for to make a good choice for investment into any of the coin.

Please be sincere.


Thanks 
there is no such thing as Sincere or if they have here?so very rare occasions because most of us are supporting our own choices of currency so that means we will advice you to Bet on our Holdings.
if you are looking for rightful advice?then that is not to Just listen to anyone tells you this and that,instead make your own research about the currency you will be investing because it is not our money ,that is yours so better keep it safer and let your decision saves you from losing.
but on the top of all?it is BITCOIN that is safer but for long time not for easy money.
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February 20, 2020, 04:35:00 AM
 #13

Look out for coins or tokens that are really regulated, by so doing should the project want to exit scam, sec will go after them and at least you get a refund of your money. Be weary of projects without any form of government control.
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February 20, 2020, 05:09:13 AM
 #14

recently i am make analisys on ADA and BNB , looks like when it touch 0,04640 be best level to buy with minimize risk . based on history this level become support after broken when bullish coming to ADA. and another good coins was Binance coin, i see it will make correction till $18,9 to $16,54 .this is best price to deal with binance. but it depend on your own decision, personally i will buy these coin if touch this price.
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February 20, 2020, 05:18:23 AM
 #15

I advice that you go on the safe side and that is only invest coins that have proven their worth in the market, there are many to choose from so confined on coins on their performance int he market for the last three years and their development on those times, I believe you can pick 5 to 8 coins and add it to your portfolio.
He only asked one of the coins, so in my opinion don't give more advice, because that would make him even more confused. I think you can just give advice to BTC. Because there is no better coin than Bitcoin. Bitcoin is suitable for long-term investment.
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February 20, 2020, 06:00:45 AM
 #16

There are so many coin out there, Please what do I look out for to make a good choice for investment into any of the coin.

Please be sincere.


Thanks 

It is important to know the platform well before investing anywhere . One needs to know better how much of the platform is used and how much interest
people are and also future . After knowing everything , you need to set your own goals which will be long term, and if you post goals for short term, stay away from the investment. Investing in a project is likely to be a profit-losing dice . You will invest in a project with kept in mind.
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February 20, 2020, 06:15:00 AM
 #17

There are so many coin out there, Please what do I look out for to make a good choice for investment into any of the coin.
There are so many choices, I agree but do not get misled by assuming those are all "good choice". If you want peace of mind along with good ROI then choose only bitcoins. Again, if you want to risk more then invest 80% of your capital into bitcoins and for remaining 20% risk with few 2 to 5 highly reputed coins. Do not listen to the people who suggest about staking and masternode things. They may be good or not but not yet proven. In my opinion, you may risk only 5% for such coins and anything more than that may trouble in your overall ROI calculation after certain period of time.

If I were you, in terms of knowledge on crypto investments then I will simply invest all 100% into bitcoins and will focus on making more capital for more crypto investments. But, unfortunately I did not know opening such topic for ideas in my early days of crypto career.
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February 20, 2020, 06:25:32 AM
 #18

There are so many coin out there, Please what do I look out for to make a good choice for investment into any of the coin.

As a newbie, I dont know if your knowledge on cryptocurrency is wide enough to ask for some inevstment here. Especially if its very risky. Were talking about possible losing of your money here. But for the sake of answering just pick the top 10 coins on coinmarketcap. These coins can be good for starter plus the risk isnt that high compared to a lot of coins and tokens out there.

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February 20, 2020, 07:00:06 AM
Last edit: February 21, 2020, 05:44:41 AM by maxreish
 #19

We can give you some suggestions here where you can choose coins that one loves to invest based on their experience. Regardless of all the coins suggested here, at the end of the day you will still doing some research and will decide which coins will you gonna buy.

Let me help you how to choose a good coin for crypto investments.
  • Look for the most promising coin ( had a good reputation, established and useful platforms)
  • A coin that will give you good ROI and profits
  • Top performing coins usually had a good opportunity for good returns

I believe you are still new in this field, so why not try to hold one coin first before doing some diversfying? I started like that before.
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February 20, 2020, 07:22:23 AM
 #20

There are so many coin out there, Please what do I look out for to make a good choice for investment into any of the coin.

Please be sincere.


Thanks 

How much money do you have? If you can buy 1 bitcoin, then I suggest you buy 1 bitcoin at a low price. You can watch bitcoin price first to know the lower price, and if you see that bitcoin price has a red candle at the market, then that means the price is at a low price. But that doesn't mean that the price cannot get lower than the price now because bitcoin price can get lower for more or it will increase higher after that price. But no matter if you cannot get the lower or lowest price, as long as you can hold bitcoin until the price increase more than the price you bought, you will make a profit.

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