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Question: Which of these altcoins is the best for me to venture into for start?
LTC
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Author Topic: I need your advice  (Read 577 times)
mamesso
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September 03, 2020, 08:04:36 AM
 #21

Ask for advice from forum members to be used as a profitable investment reference, you have done the very right steps as a beginner. Lots of coins that you can invest in, you should do your research before you invest. Look at the coins in the top 10 market cap list, there you can find quality coins and choose coins that you think are good.

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September 03, 2020, 08:05:53 AM
 #22

Being a legendary account doesn't mean anything. You have to learn everything by yourself. Asking anyone what to invest to and they will only shill their own bags. Tron is garbage.

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September 03, 2020, 08:10:09 AM
 #23

Always bitcoin is the best choice to start venturing into crypto with. It's the one that has existed the longest, has the most development behind it, is the most secure and robust. Other coins tend to be more volatile.
Be mindful that crypto is already very volatile in general, and bears a lot of risk as an asset to hold. If you can't afford such risk, then maybe you should consider something else as an investment altogether. Only put in crypto what you feel comfortable without. Because even with bitcoin as the largest market, with most of the money in crypto sunk into it, it still has had some very large swings historycally and no one can guarantee that current prices are sustainable.

I would say that only after you have understood the inner workings of crypto well, you should put money in other coins. But it's still important to keep a stake in BTC for diversification and more certainty.

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September 03, 2020, 10:33:51 AM
 #24

Try to get into ripple just for good measure. Ripple is steadily catching up to ETH in regards with reliability. Just try it out, besides its highly unlikely for ripple to plundge down.
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September 03, 2020, 10:38:46 AM
 #25

Been seeing great men in here, some legendary and some hero members, some with high ranks. I love to aim high. I'm just making my way into the world of Cryptocurrency and I need the advice of each of you all. So my way into it can be very okay. Thanks in advance.
Do the research your own way. Research this market carefully if you want to profit from it. And in this market, you should only invest in the top projects in coinmarketcap. And bitcoin will be the top choice in your portfolio, as you gain experience I believe you can use it and look for new projects.
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September 03, 2020, 10:41:51 AM
 #26

Been seeing great men in here, some legendary and some hero members, some with high ranks. I love to aim high. I'm just making my way into the world of Cryptocurrency and I need the advice of each of you all. So my way into it can be very okay. Thanks in advance.
I find your post very funny in anyway. You addressed those high ranks here for some reasons and you love to aim high Cheesy. I don't know what is the meaning of it but.. yeah Cheesy.

You're newbie so you just put your money into Bitcoin and Ethereum first or just in Bitcoin if you don't have that much funds to use right now. As you are investing, try to learn at least the basics of Bitcoin or crypto in general and a bit of technical analysis. At least you know how to use the indicators and you know how to read charts so that you know when to buy and when to sell.

 
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September 03, 2020, 10:42:27 AM
 #27

Try to get into ripple just for good measure. Ripple is steadily catching up to ETH in regards with reliability. Just try it out, besides its highly unlikely for ripple to plundge down.

"Ripple, investing, catching ETH", well I dont know. Somehow I dont see how ripples price can change in future. Its price does not change at all. Like a stablecoin. Once Ripple was traded in 50 cents +/- few cents. Now its about 30 cents. Dont see any perspectives for good investment.

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September 03, 2020, 10:49:26 AM
 #28

Since you are about to start investing, maybe it is better if you will start investing on trx and xrp. They are both cheap and good enough for starters especially if you are the kind of investor with small budget. They both offer a great opportunity and their development is continuous compared to other altcoins.


I think there are a lot of good investment options for investors right now, but I think it should be considered carefully as there will inevitably be many risky projects.

Maybe TRX and XRP are two options that can help you make a profit in the long term, but there's no certainty because the market is highly volatile. In addition, you can also choose to invest in some newly launched projects in this market because Defi projects are being mentioned by a lot of people.
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September 03, 2020, 10:56:44 AM
 #29

Been seeing great men in here, some legendary and some hero members, some with high ranks. I love to aim high. I'm just making my way into the world of Cryptocurrency and I need the advice of each of you all. So my way into it can be very okay. Thanks in advance.
I find your post very funny in anyway. You addressed those high ranks here for some reasons and you love to aim high Cheesy. I don't know what is the meaning of it but.. yeah Cheesy.

You're newbie so you just put your money into Bitcoin and Ethereum first or just in Bitcoin if you don't have that much funds to use right now. As you are investing, try to learn at least the basics of Bitcoin or crypto in general and a bit of technical analysis. At least you know how to use the indicators and you know how to read charts so that you know when to buy and when to sell.

or he can try the USDT first, at least they are stable, though he can't get profit from it but at least get the grasp first of trading crypto. just to learn the ins and out of crypto trading before jumping on more volatile investments. and then, he can invest in btc or eth as you mentioned, these 2 are rock solid and their market will not disappear anytime soon. and with the upcoming eth 2.0, gaining from it is very likely. and am certain, btc is on the positive as well.

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September 03, 2020, 11:06:09 AM
 #30

Your listing is good enough for you to invest with the exception of USDT. It is a stablecoin and you will not profit from it when you buy it, it just keeps your assets safe when the market crashes or you are scared of the market. Invest 60% in bitcoin and the remaining 40% in the top altcoin in this market

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September 03, 2020, 11:21:08 AM
 #31

Been seeing great men in here, some legendary and some hero members, some with high ranks. I love to aim high. I'm just making my way into the world of Cryptocurrency and I need the advice of each of you all. So my way into it can be very okay. Thanks in advance.
What do you want to do in the cryptocurrency world? besides looking for profit, do you also intend to build a business in the form of a new platform in the crypto space? or try to tell your true desire here.

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September 03, 2020, 11:23:29 AM
 #32

Majority of members who participated in the poll are in favor of Bitcoin for obvious reason Bitcoin has huge market dominance and the majority of altcoins depends on the price of Bitcoin, Bitcoin is the parameter if the market is in bull or bear, and I'm sure the big majority of us here has Bitcoin when they are starting out so before investing in other coins you should first invest in Bitcoin..

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azmirihaque
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September 03, 2020, 11:24:40 AM
 #33

Welcome to the forum and to the crypto world. First you need to gather knowledge on cryptocurrency. You should invest more and more time on the forum, read the post from different sections very carefully. You can also share your views by qualitative post and comment. You should also know about trade, investment, exchanger of crypto world. After all you need to have patience and learn crypto.

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September 03, 2020, 11:32:10 AM
 #34

What are your purposes why you want to ventures in Cryptocurrency?

Trade?
Investment for HODL?


Just a piece of advice, if you you're going to use it for trading you can use stablecoins like USDT for contract trading.

But for spot and HODL you can choose all those top 50 altcoins from coinmarketcap.

Remember that cryptocurrency is volatile, you have to do your own research and invest what you afford to lose.
Jeger.Kiting
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September 03, 2020, 11:38:28 AM
 #35

Been seeing great men in here, some legendary and some hero members, some with high ranks. I love to aim high. I'm just making my way into the world of Cryptocurrency and I need the advice of each of you all. So my way into it can be very okay. Thanks in advance.

What you should know is that in the cryptocurrency world it is not easy to hold a token / coin that has a high selling value, such as Bitcoin or Ethereum, both of which are quite valuable currencies for you to invest in, and you also have to learn about coin security. / tokens that you have, because what we know is that there are so many projects that offer fraudulent investment services that make someone fooled by the investment, not just owning it, we also have to know how to store our funds so that no hackers access your wallet, I not scare you because this is the most important thing for you to learn because this will help your tokens / coins from hackers ..
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September 03, 2020, 11:48:15 AM
 #36

Guys who advise "do your own research", "gather knowledge about cryptocurrency", could you be more precise? When I started, such advice was completely useless to me, since there is nothing specific in them. For example, I always tell at least about the place where I get information, these are Telegram channels where you can communicate with the same participants or more experienced ones, cooperate with them in private groups and chats for discussions and exchange of experience. Join groups where they discuss this or that coin that interests you, and get to know the participants. Ask them and share your knowledge. This is my experience.
michellee
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September 03, 2020, 12:21:39 PM
 #37

From the list, I suggest you invest in bitcoin and ethereum. And if you have more money, you can try to buy trx, bch, and bnb, but that will depend on how much money you want to invest. You don't need to use all of your money to invest in cryptocurrency because you will have a problem if you don't have the skills to manage your assets. So I think you can try to buy bitcoin and ethereum because you will not feel difficult to manage the assets.

But you might need to learn more about investing in the cryptocurrency, so you know how many coins you can invest, and you can know how to manage your assets.

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ttcsalam
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September 03, 2020, 12:24:36 PM
 #38

There are a number of good deficiencies in Bitcoin and currently there are definitely good ones to invest in.If you want to invest, you have to study the market a lot.Market trends do not stay the same time.My advice would be to definitely invest in bitcoin pair and study a lot and then invest.Definitely get good results.

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September 03, 2020, 12:27:38 PM
 #39

Bitcoin is the most popular cryptocurrency and Bitcoin very often grows in price, which makes it possible to earn on a constant basis, and Ethereum is the top altcoin that also very often grows and brings excellent income.
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September 03, 2020, 12:41:15 PM
 #40

All the tokens that you recommend can be said to be very suitable for investment purposes. Because in my opinion, everything includes coins that are already very popular among Crypto investors. However, for starters, you should prefer to invest in BTC first because most of all new Crypto users, at least will definitely start there.
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