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Author Topic: Investing my $2000 to altcoins instead of Bitcoin  (Read 1274 times)
marycrazy08 (OP)
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November 24, 2020, 08:23:06 AM
 #1

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.
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November 24, 2020, 08:27:10 AM
 #2

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

My advice is you can put your $ 2000 in Ethereum, Ethereum still has the potential to go up high,
maybe it will touch $ 800 in December, or if you are still in doubt buy a low cap Altcoin with a good background,
you can search on Coinmarketcap, STBU, HEX, VEX, YOUC  thats a good project in low cap
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November 24, 2020, 08:43:18 AM
 #3

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

Great to see that people still want to invest into cryptos at the moment. Do you already own bitcoins? If so going straight for alt coins is a good idea. If you don't own any bitcoins yet I would consider investing atleast a small part of the 20k into bitcoins. There are decent chances that bitcoins could rise even higher. As for alt coins I would recommend ETH.
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November 24, 2020, 09:02:25 AM
 #4

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.
Altcoins aren't at high price yet, bitcoin is the only coin that I feel unsafe about because it's over 18000$ already, many top altcoins only recovers 30% of their value and not close to their old ATH yet so it's a lot better to invest in altcoins right now instead of Bitcoin, go for top altcoins like Chainlink, Stratis, BNB, CRV, Harmony etc
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November 24, 2020, 09:18:50 AM
 #5

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.
Here are few reasons I invest in ETH, BCH and XRP among other top altcoins

1. Ethereum still have the reason to surge over 600$ because of its upcoming 2.0 upgrade which will give holders the staking feature

2. Few altcoins like BCH and XRP have been target by third party institutions for investment and payment solution, I believe their value will be big

3. If you can take risks I woul suggest diversity, allow bitcoin in your portfolio, don't go all in on altcoins only and once bitcoin reach a new ATH you can pull your ROI and invest in altcoin, bitcoin still have some power left

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November 24, 2020, 09:24:51 AM
 #6

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.
Ethereum. But the safest choice would be putting that for bitcoin. XRP, ETH, and other altcoins are pumping but that's risky for people like you that don't know where to invest their $2k.
Bitcoin hasn't reached the full potential all-time high and in that case, you can still invest that $2k wholly into it. But it seems that you don't have any reason to change that decision of pledging with altcoins for that amount.

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November 24, 2020, 09:28:22 AM
 #7

ethereum, XRP, and XLM look very promising at the moment. if this price development continues to increase, there is a possibility that owning one of the 3 coins will make a considerable profit. For ethereum, currently the increase is over 30%, while XRP is 130%, and XLM is 100%, and there is still a big possibility to increase. this source i saw on coinmarketcap.

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November 24, 2020, 09:51:50 AM
 #8

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.
You should choose the altcoins that were not getting pumped but this is a very difficult task to did.
I will try to divide both into the 1k to be invested in bitcoin when bitcoin gets a correction and the rest to spread into some promising altcoins.
The only best time for you to get into the market when there will be a correction to the price for crypto. If you are entering the market this time and it's too risky for you.

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November 24, 2020, 10:06:30 AM
 #9

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

My advice is you can put your $ 2000 in Ethereum, Ethereum still has the potential to go up high,
maybe it will touch $ 800 in December, or if you are still in doubt buy a low cap Altcoin with a good background,
you can search on Coinmarketcap, STBU, HEX, VEX, YOUC  thats a good project in low cap
Low marketcap coins can bring the highest ROI but they are pretty riskier than top 10 altcoins, and presently none of this low market cap coins have shown any bullish correction yet, this altcoin season might be different from 2017 so don't rush into low marketcap coins yet
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November 24, 2020, 10:10:26 AM
 #10

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.
If I have $2k right now I won't put all of my money in just only one coin because nowadays many cryptocurrency are pumping and dumping to make good returns on our investment we should always divide our money in different cryptocurrency
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November 24, 2020, 10:16:04 AM
 #11

This is a good idea of yours that you have decided to put your $2,000 into altcoins rather than Bitcoin. But, you should choose some selective altcoins for this investment. I suggest you invest in Ethereum and Tron because these two yet to remain for more growth.

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November 24, 2020, 10:19:47 AM
 #12

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.
I will put it on bitcoin and altcoin. I will make two parts of that money: $1k in bitcoin and $1k in an altcoin.

We have $1k in altcoin, and we have so many potential altcoins that can increase. Maybe it's confusing to select which altcoin we can buy and hold for a while.

But I will use $750 in ethereum, $150 in BNB, and the rest of the money I will use to invest in litecoin. But I don't want to invest today because the altcoin now increased slightly, and I think that I need more time to see the altcoin downtrend before buy.

But investing in bitcoin will be the right choice as the bitcoin price does not increase yet, so we have more time to buy at a low price. But still, be careful with the bitcoin price movement because the price can get down anytime or it will increase suddenly.

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November 24, 2020, 10:22:41 AM
 #13

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

Altcoins are now showing very good growth against bitcoin and the dollar. And this is a very good decision to invest in altcoins. But do not forget that now the growth of the cryptocurrency price is approaching its maximum values, which will be followed by a dump. Use a stop loss and buy yourself, in addition to altcoins, some bitcoin.

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November 24, 2020, 10:24:24 AM
 #14

Why should altcoins? do you have some bitcoins? because I think you like wasting opportunities if you do not take advantage of your capital to invest in bitcoin.
However, if you prefer to invest in altcoins then XRP and XLM are good options to make a profit, but you should be careful to monitor their price movements.



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November 24, 2020, 10:46:49 AM
 #15

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.
It seems you have low knowledge about crypto market and charts, I will like to share few fact with you, bitcoin is still very bullish and there is still time to get in right now, altcoins are already getting prepared so you can split your money and invest in both bitcoin and altcoins but mind you top altcoins are more better and safer, you will make good ROI going for top altcoins
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November 24, 2020, 11:16:38 AM
 #16

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

Xrp and ethereum that top crypto currency.

First XRP because of snapshot that will happen this December 12 you will get free tokens that day that you can sold after you recieve it. There is also speculation
that because of this airdrop it can pull the price which is already happening now, no idea if it's too late to buy now.

ETH: becasue of the release of ethereum 2.0 that will happen this first week of December it can make hype in the project for moving to POS.

No idea about other altcoin you can check other peoples opinions in your thread to see other good altcoins to buy .
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November 24, 2020, 11:28:03 AM
 #17

Now there is a huge hype around Ethereum due to the release of Ethereum 2.0 and the price of Ethereum is growing throughout 2020, and therefore I am sure that Ethereum will soon reach the 1k$ mark and possibly even more, but most likely there will be a Ethereum price correction before the 1k$ mark and exactly when there will be a Ethereum price correction then it will be necessary to invest in Ethereum.
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November 24, 2020, 11:40:30 AM
 #18

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.

if I have $2k today, then altcoin that I will buy for investment is :
1. ETH (50% - $1k)
2. CTSI (10% - $200)
3. YOUC (25% - $500)
4. LINK (5% - $100)
5. UBT (10% - $200)
I chose to buy ETH for 50% from $ 2000, because I believe the price of ETH will definitely increase very high and of course it will give me a very big profit in the future.

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November 24, 2020, 11:45:37 AM
 #19

Now there is a huge hype around Ethereum due to the release of Ethereum 2.0 and the price of Ethereum is growing throughout 2020, and therefore I am sure that Ethereum will soon reach the 1k$ mark and possibly even more, but most likely there will be a Ethereum price correction before the 1k$ mark and exactly when there will be a Ethereum price correction then it will be necessary to invest in Ethereum.
Some say that Ethereum has failed but I think it isn't. The ETH network is good and fast as I have also tested it when I was doing a transfer of ETH from my wallet to other ETH wallet. The cost for transaction fee is also low not like before that transacting a five dollar equivalent to ETH will also deduct a transaction fee of more than five dollars worth of eth. The reason was because of the defi projects that are using the eth network making it the service of the miners more demanding and becoming expensive. However, after the upgrade the cost of tranaction became lesser and ideal. Thanks to the ETH 2.0 upgrade.
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November 24, 2020, 11:47:41 AM
 #20

For now XRP may be a little late, but you may still have a chance. Polkadot, chainlink, Neo and Cardano are pretty good choices in my opinion. There are several other options that might be considered such as XLM and EOS

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