coinfinger
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February 23, 2020, 03:48:04 PM |
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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 believe that it is best to invest in BTC and top altcoins like ETH and LTC. In my opinion, this cryptocurrency will show growth over the next year or two and you can earn on them. I assume that the cryptocurrency market has now entered a new growth phase and how in the previous phases it was able to show excellent results and new heights. In any case, try to buy different cryptocurrencies, so you can avoid all the loss of funds, and if you are lucky you can make good money. We do not really know the investment term suitable for OP as he forgot to mention about the same. Bitcoins would always be a better source of investment for long term as the price would surely rise in the coming times but OP needs to be patient while investing into bitcoins. There are some other coins which might make profits for OP in a short term but investing into those would also bring some risk along. OP seems newbie in trading and newbies should always try to find a source of investment with minimum risk even if it has minimum profits. Most of the times, newbies run behind huge money and that is where they need to forget about their initial capital and which might even make them face loss.
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luckyflop
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February 23, 2020, 03:57:29 PM |
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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
If you are new to this market, it is better to learn everything before making an investment decision. Investing in this market is very easy, but it is very difficult to get profit from it. Also you should invest in the top altcoins in this market, Top 50 coinmarketcap is the best altcoin you can invest.
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betty11
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February 23, 2020, 05:17:43 PM |
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From experience to avoid a bad tales that could take a pounce on your health and psychological well being. Just go for coins that are at the top with a higher percentage of your fund. Say 90% with the remaining 190%b you can analyse a low cap coin and trade with caution.
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davinchi
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February 23, 2020, 08:03:20 PM |
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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.
You should always try to ignore what others say and that is what would make you fill some profits. The first and foremost thing which newbies should consider is to avoid investing into coins which are been suggested by others. This is the time where you have to use your own brain to make some profits. You can choose some of the top coins from the coinmarketcap and invest in some parts into some of these coins. You have to learn how to analyze and understand the charts and patterns as it would help you to spot a exact entry and exit point. This is where you would have profits. Try investing into 2-3 coins including bitcoins, etherum, ripple, etc and gain some experience from these coins first and then you can move onto some other coins having comparatively lower volume. Never forget to check the liquidity first.
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Kiefner
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February 23, 2020, 09:32:47 PM |
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I intend to agree with previous commentators that you should pay attention to large coins. If you are not sure where to invest your funds, then you should first think about reliability and not take risks.
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angrybirdy
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February 24, 2020, 04:31:27 AM |
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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.
~ Try investing into 2-3 coins including bitcoins, etherum, ripple, etc and gain some experience from these coins first and then you can move onto some other coins having comparatively lower volume. Never forget to check the liquidity first. Aside from that, Better to make a research about their products/uses/functions to know if this is applicable for long term or not. There are times that it is better to go for long term that those easy to die altcoins. Choosing top cryptos like ethereum, ripple and bitcoin will be a better choice, aside from you can learn a lot, you can also experience a lot due to their possible movement in the market.
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Lantind
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February 24, 2020, 04:47:11 AM |
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I think BTC is a good starting point to buy. You can build a diversified cryptocurrency portfolio with top or emerging coins.
If a new coin appears I don't think we should put it in our portfolio, because the new coin needs further development, so that it can compete with the highest altcoin, and for the matter of purchasing on BTC I strongly agree, because BTC is a coin the good of all time.
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Ailmand
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February 24, 2020, 04:55:34 AM |
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Investing in an established coin than in new coins secures your fund, but it doesn't eliminate the risk of you losing your money. No one can give you the best altcoin to invest in. It all depends on you since it is your money, you better make in-depth research on which coin has good potential.
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zaim7413
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February 24, 2020, 05:22:46 AM |
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I intend to agree with previous commentators that you should pay attention to large coins. If you are not sure where to invest your funds, then you should first think about reliability and not take risks.
Yes, if someone starts to get confused when they want to make an investment, then it is better to research first the top coins or coins that are large and good and worthy of being used as a means of investment, because any investment remains very risky.
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matchi2011
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Buy $BGL before it's too late!
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February 24, 2020, 05:34:36 AM |
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I intend to agree with previous commentators that you should pay attention to large coins. If you are not sure where to invest your funds, then you should first think about reliability and not take risks.
Yes, if someone starts to get confused when they want to make an investment, then it is better to research first the top coins or coins that are large and good and worthy of being used as a means of investment, because any investment remains very risky. There's consideration that needs to take care before you decide what particular projects that you'll going to invest your money. The best practice still is to do your research and make sure that you have a good and deeper insight with particular coin or coins to place your money. Make sure to continue working with the potentials and progressing assets.
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shoreno
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February 24, 2020, 05:55:44 AM |
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I intend to agree with previous commentators that you should pay attention to large coins. If you are not sure where to invest your funds, then you should first think about reliability and not take risks.
Yes, if someone starts to get confused when they want to make an investment, then it is better to research first the top coins or coins that are large and good and worthy of being used as a means of investment, because any investment remains very risky. There's consideration that needs to take care before you decide what particular projects that you'll going to invest your money. The best practice still is to do your research and make sure that you have a good and deeper insight with particular coin or coins to place your money. Make sure to continue working with the potentials and progressing assets. i like the last two terms you mention on your last sentence . that is potential and progressing . this is the factors that we should consider when picking up a coin and not just those who are only on the top spot or large coins because not all of them have a progression . many of them are infact already stopped progressing and dont go out on the limelight anymore . and most of all invest only a portion of your funds because investing always has its own risk , not all times the value will rise but it takes time to earn even on a good coin .
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ufaiz50
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February 24, 2020, 06:43:24 AM |
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because there have been many suggestions about coins that are suitable from various sides for investment, then. My advice is you should try crypto investment simulation and crypto trading, because many beginners often make big mistakes to lose a lot of money. In the simulation you can understand more about crypto and how to anticipate the risk of loss. Basically, my advice is to increase your knowledge about crypto and don't be in a hurry let alone invest because of FOMO. Investment simulation references: https://cryptospaniards.com/simulator/ or https://bitcoinhero.me/
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Wildwest
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February 24, 2020, 07:26:16 AM |
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If you want to invest in Altcoin then the choice should be right certainly do not get harmed with an unclear altcoin, according to my watchcase in the market when many investors who choose an altcoin that already has a potential like ETH, BNB, XRP because The coin is very promising so that the price will continue to increase for the future, then the suggestion I choose the coin.
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Latines
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February 24, 2020, 07:30:20 AM |
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The most correct decision is to invest in those coins that will grow in any case and will not disappear. This is of course Bitcoin and altcoins from the top 10. But I recommend 10% of the invested funds to invest in new altcoins, because they can give more growth than 90% of the coins from the list of top 10.
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cahbagus555
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February 24, 2020, 08:00:22 AM |
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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
Choosing altcoin as a long-term investment, in my opinion we can see it in coinmarketcap. Large liquidity and actively traded on large exchangers is one factor that needs to be considered. If a token or coin has large liquidity, we have no trouble selling it when we need money
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istiak2277
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KUWA.ai
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February 24, 2020, 08:30:19 AM |
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Buy some alts from the CMC top 100 coins. All of them are good and can give you a good profit in time. I can mention some of them here. I think these projects are worth looking Tezos(XTZ), MKR, ATOM, ZIL, BNB, LINK, etc. Just take a look at these projects maybe you will something interesting. And don't put any money into crypto that you can not afford to lose. That was just a suggestion.
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10BTCaDay
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Oikos.cash | Decentralized Finance on Tron
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February 24, 2020, 08:30:29 AM |
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Investing in an established coin than in new coins secures your fund, but it doesn't eliminate the risk of you losing your money. No one can give you the best altcoin to invest in. It all depends on you since it is your money, you better make in-depth research on which coin has good potential.
you still do not understand that no one wants to analyze anything? everyone needs prepared solutions. people always want to shift responsibility to others and then say that they were advised of a bad coin or good. there will always be people on the market who will invest according to the stories of other people and they will not do their own research and after that, they will cry
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NSA360
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February 24, 2020, 08:45:01 AM |
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Always invest what you are prepare to lose - if you make bad decision - loss is than what you expected to lose, if you pick good project and make profit, its like you win in bet - happy times. Big coins are not sure profit, try to find relatively new coin , deployed in last year or two, with stable price and launched products - usability cases. I found one 3 months ago, and i am sorry that i am not there from start. https://imgur.com/a/qFIjyBJGood luck !
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Youghoor
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February 24, 2020, 10:56:26 AM |
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The decision surely lies in your hands but i can help you with some factors that you should look at before investing into any cryptocurrency or blockchain project. Consider the following factors: 1. A project with working products or at an MVP 2. An active and communicative team members who engage members of their community 3. Good token economics that will drive liquidity to the coin.
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wozzek23
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February 24, 2020, 02:16:13 PM |
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Yeah, it is always difficult, nobody really knows how to invest properly because nothing is a good investment forever, even the best things in the world will eventually cease to exist.
Even if you bought apple/amazon type of stocks 10-20 years ago and profited insanely today, you will eventually lose all your money in 50-100 years when they are gone, so you HAVE TO get out sometime, which is the deal here, not to find a good coin to buy and invest but to know when to get out, there has been a lot of people who have lost money due to prices going down but the number of people who didn't get out at the correct time and lost money are far greater than people who got in too late and simply just lost. Learn when to buy and what to buy, but master what to sell and when to sell it.
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