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Author Topic: Which will be the best altcoin to invest now  (Read 2161 times)
Indymoney
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March 26, 2020, 06:39:56 PM
 #101

Seeing the market that is now starting to recover, we can see some altcoins starting to rise in price. From there we can judge any coins
the increase is quite high. Altcoins are usually quite high rises after experiencing a dump, are altcoins that have good potential. And after
I do the analysis, there are some altcoins that are very good for investment. Among them ETH, LTC, BNB, XRP and TRX. I think the five
coins that I mentioned are the best altcoins to invest right now.

I would not know about starting to recover. The economy is so bad but even at this stage the whole truth of how bad it is is not yet apparent. When that becomes true,,, and it becomes public knowledge,,, the bailouts will begin and the economy will crash even more. This is when we will see if crypto can truly survive (I believe it will).
Initially it was not the economy, now this economy influence is massive. I think the space is relieved after the early crash with better news from countries with strong holders like USA and China. No pressure to sell like before, some expect something lower trend for several weeks, sadly discussion is no more about bitcoin and altcoin in social media, there is no medium to make the coin and market attractive newcomers. It is important to stay alive then we talk about staying wealthy later.
Good point, nowadays interest is no longer with financial wealth but instead more people are finding ways to survive from pandemic virus that keeps
on moving from country to another. What people are doing right now is to keep their assets converting most of their money from any stocks or any
available means and hold it for better chances of surviving in any possible ways.
This is human nature as something worst happen then they try to survive so right now we all are trying to survive from this pandemic virus as lock down is happening in all world even we have some good news from China and few other countries but still its going to take some long time for all things normal currently as its going if we able to have some good time in near future then surely going to invest in Ethereum, BNB and BCH as these are best options bitcoin is not in my range.
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March 26, 2020, 07:22:23 PM
 #102

BNB is now cheap and as soon as the crisis in the world and in crypto is over, I am sure that BNB will start to grow well in price, you can also invest in ETH for a long term.
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March 26, 2020, 10:19:33 PM
 #103

all depends on your choice because a lot of people who predict all will experience big pump after virus and to reduce risk of more in altcoin I suggest investing top altcoin

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March 27, 2020, 01:20:17 AM
 #104

BNB is now cheap and as soon as the crisis in the world and in crypto is over, I am sure that BNB will start to grow well in price, you can also invest in ETH for a long term.
A lot of other cheap coins for you and should think carefully because the world situation is now very chaotic and certainly this will be a difficult time for all investors. I don't know when the market will recover but it will take a lot of time because the bear market is still causing many difficulties for investors. I also hold some coins but I bought at a very high price in the past and am waiting to be able to sell at a higher price.

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March 28, 2020, 04:14:42 PM
 #105

It is definitely better to divide your money into multiple stuff when investing, however crypto as a whole is one thing you should divide into, not which crypto. So, to make it more clear, if you want to divide your money, it should be stocks/gold/crypto and one more thing if you can, not btc/eth/ltc/eos type of thing, because in the end big cryptos almost always move the same whereas other stuff do not move all together usually but even when they do at least you would be divided between them all.

This downtrend was in all of them, all stocks, gold, all crypto so if you were divided you would have still lost money and that is understandable, but do not go into crypto thinking you can divide your money into 10 different coins and make different profits, they all go up and down together.
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March 28, 2020, 04:32:25 PM
 #106

It is definitely better to divide your money into multiple stuff when investing, however crypto as a whole is one thing you should divide into, not which crypto. So, to make it more clear, if you want to divide your money, it should be stocks/gold/crypto and one more thing if you can, not btc/eth/ltc/eos type of thing, because in the end big cryptos almost always move the same whereas other stuff do not move all together usually but even when they do at least you would be divided between them all.
Having or doing miscellaneous investment make good sense but i will never advise people to invest in stock market while good return are easily make through crypto and gold.
With that been said, halving occasion is the only season that make almost all big crypto to move the same and it better never to loose centralized coin when selecting crypto.

This downtrend was in all of them, all stocks, gold, all crypto so if you were divided you would have still lost money and that is understandable, but do not go into crypto thinking you can divide your money into 10 different coins and make different profits, they all go up and down together.
We cant say the down trend was in all market because gold actually was the most appreciated market as we speak.

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March 28, 2020, 05:29:12 PM
 #107

Now a good coin for investment is ETH, because the whole market is falling and when there will be a reversal of the market, it is ETH that will be one of the first to start growing.
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March 29, 2020, 02:18:20 PM
 #108

ETH, ABYSS, BNB, and ACT may be good for investment. But, in the present condition, the crypto market is unstable. Although BTC could go up fast after a week yesterday it slumped very sharply. But this increase was not followed by Altcoin, an increase occurred only slowly.

Some coins like ETH, ABYSS, BNB, and ACT I think are worth buying. But my advice is to trade daily, so that when the Bitcoin price slump again. Coins can be sold quickly, despite experiencing a slight loss.

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March 29, 2020, 05:25:08 PM
 #109

These are common words that do not cancel facts. Now it is absolutely unclear what will happen globally even after half a year. Cryptocurrencies are currently a venture investment - perhaps they will experience prosperity and give thousands of profits, but it is more likely that they will remain what they were - a speculative tool.
and that is what exactly whats happening now.

the world economy is still floating in the air so those who can afford to Hold keep it all but those who has no other option to feed their family better take it out now because no one can assures us what will happens next.

we can say the Halving is coming but we can also say Corona will spread more so in totality nothing is certain ,If you are ready in coming more dump?then stay or else take it now.

The epidemic is developing at such a speed (at this stage) that I assume that we will see a denouement before halving. Most likely, the stock markets will finally collapse and the crypto will follow them. Perhaps we will see differences in the pace of recovery, but it will not be soon - after the epidemic is defeated.

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March 29, 2020, 06:51:49 PM
 #110

At the moment, if you invest in the short term, then of all the top alts, I like Litecoin the most, but you can also invest in any other alts.
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March 30, 2020, 02:37:05 PM
 #111

At the moment, if you invest in the short term, then of all the top alts, I like Litecoin the most, but you can also invest in any other alts.
This coin doesn't even a good coin to bet on the short term and there was no a lot of rumour on litecoin that can be used as a fundamental to buy. I prefer to take another coin as a better choice rather than litecoin. it seems like that tezos is much better or we can go to the top 100 mcap as a better option.

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April 02, 2020, 05:00:34 AM
 #112

As we have witnessed an unexpected dump when everything was going smooth most of the altcoin's value has dropped as well, but this can be utilised as one more opportunity for those who missed out to invest before the previous pump. We are all aware that the value of Bitcoin will certainly raise but at the same time not all of us can afford to invest into Bitcoin hence some of us choose altcoins to invest rather han Bitcoin but which altcoin do you think will be a the right choice ? I will stick to Ethereum and TRON, kindly share your choices.

Bitcoin is still the beast, but Ilcoin is gaining traction given its current hype in the market providing non stop development and focusing on security.
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April 02, 2020, 06:19:49 PM
 #113

At the moment, if you invest in the short term, then of all the top alts, I like Litecoin the most, but you can also invest in any other alts.
This coin doesn't even a good coin to bet on the short term and there was no a lot of rumour on litecoin that can be used as a fundamental to buy. I prefer to take another coin as a better choice rather than litecoin. it seems like that tezos is much better or we can go to the top 100 mcap as a better option.
I think it's better to choose the most popular coins, personally I think they are the safest and there is less risk of losing your investment.
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April 03, 2020, 02:31:25 AM
 #114

At the moment, if you invest in the short term, then of all the top alts, I like Litecoin the most, but you can also invest in any other alts.
The top altcoins will not have the same profitability over the year and I prefer to invest in micro marketcap altcoins. Let me explain, the more the price goes down, the investors will create the demand with buying the dips of the support line. 20% increment in LTC price can be converted %90 price soar for micro marketcap altcoin.

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April 03, 2020, 02:41:54 PM
 #115

pcx is choice
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April 03, 2020, 03:01:42 PM
 #116

I wouldn't invest much in altcoins right now, except in the short term and in the top 10, or a maximum of 20. That's quite risky.
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April 03, 2020, 07:00:44 PM
 #117

I wouldn't invest much in altcoins right now, except in the short term and in the top 10, or a maximum of 20. That's quite risky.
I think it's better not to invest in alts in the short term, I think it's better to invest in Bitcoin and top alts for the long term.
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April 03, 2020, 08:13:03 PM
 #118

At the moment, if you invest in the short term, then of all the top alts, I like Litecoin the most, but you can also invest in any other alts.
The top altcoins will not have the same profitability over the year and I prefer to invest in micro marketcap altcoins. Let me explain, the more the price goes down, the investors will create the demand with buying the dips of the support line. 20% increment in LTC price can be converted %90 price soar for micro marketcap altcoin.

This is a well-known strategy and many have used it before. But micro altcoins have an unpleasant feature - sometimes they completely die or in any case never return to their heights relative to bitcoin. In a falling market, this strategy is super unprofitable, in order to use it profitably you need to wait for the growing market. I mean a fundamentally growing market and not a speculative pump and dump.

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April 03, 2020, 09:58:22 PM
 #119

Quant (QNT)
-> https://www.reddit.com/r/CryptoCurrency/comments/ft72d3/quant_network_fundamental_analysis/

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April 04, 2020, 06:14:57 AM
 #120

I wouldn't invest much in altcoins right now, except in the short term and in the top 10, or a maximum of 20. That's quite risky.
I think it's better not to invest in alts in the short term, I think it's better to invest in Bitcoin and top alts for the long term.
it is indeed the best at the moment. Trying to invest in an unpopular altcoin might get a big profit. it's just that, the risk is currently very large. even for bitcoin and top altcoin crypto, it still has a big risk. however, I think it's better this time.

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