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Author Topic: Investing my $2000 to altcoins instead of Bitcoin  (Read 1274 times)
Gayong88
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November 24, 2020, 03:34:53 PM
 #41

Always put your money where it is worth investing. Follow market prices and investors who have a high reputation so there is no doubt that you are investing. You can choose a minimum of the top 10 coins/tokens. ETH in my opinion has both the rating potential and the potential for even higher price increases going forward.

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November 24, 2020, 03:56:30 PM
 #42

There's new projects you might want to invest on but just do thorough research before investing. For the safer side I'll but ETH. Its value will still go up. Just be sure to monitor its price so as to know when to convert to usdt before ETH value crashes down.
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November 24, 2020, 04:06:57 PM
 #43

At this time of coins rallies, its better to be neutral, don't caught up on pump and dumps. But if you really want to hold for long term, I will advise you to start with Bitcoin.
Do you know why Btc is safe haven? Market is a circle and I believe the time for the end of this rallies are imminent and altcoins will likely suffer the most because they haven't be making huge moves.

When Btc makes a - 20% correction, there is probability of altcoins doing x2 of Btc which is bad for ones portfolio.
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November 24, 2020, 04:16:11 PM
 #44

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.
Well, there are series of altcoins that are still undervalue which will be good for investment. DOGCOIN will be my recommendation if you ask my opinion, but this isn't an investment advise, ensure to do more research before invest. Also, KAVA coin should be another consideration for anyone who want to give a try for current undervalue altcoins in the market. These two altcoins should be carefully look into for possible future price spike.

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November 24, 2020, 04:21:49 PM
 #45

Altcoins are showing a very good development, almost all investors want to put money in it. Yeah, they have the same goal, but take a different path.
If you want to invest, Try using a stop loss strategy, you can buy some good coins, like Ethereum, XRP, XLM, and don't forget to save a little of your money to buy bitcoin.

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November 24, 2020, 04:22:11 PM
 #46

Yes, you are right, altcoins have already grown a lot. Wait for them to correct, and then gradually buy the altcoins that fell the most and which are the most promising.
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November 24, 2020, 04:27:24 PM
 #47

You can choose 4 Coin that will give you a positive passive, UNI, ADA, XRP, ETH
 you can share $ 2k to the 4 coin.  ATH UNI $ 15, current UNI price is only $ 3. Of course it is still very cheap and big The opportunity will soon past $ 5. The current market position is very easy to take profits as it was with ETH.
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November 24, 2020, 04:43:24 PM
 #48

$ 2000 is quite a lot for me, you can buy Ripple or Tron,
because $ 2000 will give you more profit on top projects,
especially now is the time for altcoins to show their performance, hopefully you have profit.

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November 24, 2020, 04:45:32 PM
 #49

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.
everything, 2000 the amount is small, it is better to have a greater risk and earn more, the main thing is to choose the right altcoins that will soon have updates and they are in the top, this will be at least a guarantee of profit not lower than bitcoin.

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November 24, 2020, 06:08:02 PM
 #50

buy Bitcoin only, and your target must be at $ 20k,
or if Bitcoin can break $ 20k then the next target is $ 50k,
while the price of Bitcoin is still above $ 19k this is good to buy.



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November 24, 2020, 07:07:36 PM
 #51

Check the chart first, the price is too high to start investing. If I were the op, I wouldn't be rushing into investing now, or I'd ignore altcoins as an investment plan. Because if you compare the charts, I think bitcoin is safer from a significant drop.

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November 24, 2020, 07:15:10 PM
 #52

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 can drop your money to ethereum and tron my friend
i think its not too late, because both altcoins have a lot of potential to break its ATH

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November 24, 2020, 07:17:14 PM
 #53

Personally for me since Bitcoin was on bullish trend it's always better to hold it but since the thread was asking about altcoin, There are some good Altcoin for now, First Ethereum with only need around 1-2 Weeks to break $500 and today it's around $600, It will continue for around $700-$800 and one of the Good alternative Beside Bitcoin, After that Arweave, XRP and ADA which have an good trend lately. The last one it's not really an Advice but maybe you can check CAKE (PancakeSwap), It's almost stable for around 3 Weeks on $0,25-$0,3 and it was good option if you try your luck to get some profits from market movement and Passive Income (300% APY).
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November 24, 2020, 07:17:59 PM
 #54

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.
Of course, now ethereum is one of the most promising for the price growth of cryptocurrencies.  Given that the zero phase of Ethereum 2.0 will be launched as planned, on December 1, this coin should rise significantly in price even before the new year.  Of course, it is possible to invest in other lesser known altcoins.  Some of them may rise in price even more than Bitcoin or ethereum.  However, such an altcoin is difficult to choose.  There is a lot of risk here.

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November 24, 2020, 07:19:15 PM
 #55

 Right now I would distribute it this way;

 250 dollar Lumen
 250 dollar Tron
 250 dollar Eos
 250 dollar BNB
 500 dollar ETH
 500 dollar Bitcoin

 If you invest it this way you could make a decent amount of money from your investment. If you want you could definitely squeeze in some others as well. For example make the 250 dollar ones 200 dollars and add another 200 dollar one like Link for example, that way you will add one more project in there. Or you could drop ETH and BTC into 250 dollar as well and you can get 2 more 250 dollars. Hell you could make all of these 200 dollars and add in a lot more. So in the end you could grow this list if you want but in the end I would say this is a good base to work on. If you see any of these go super high, you could sell a part of it, take it back down to what it was and use the excess profit to grow your portfolio, that is a much better method.

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November 24, 2020, 07:26:13 PM
 #56

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.
Bitcoin although it's not an altcoin though. Though I'd consider Ethereum as well but I think I got too late already when I last did my sold.
I would consider BNB as well, just look at the topper coins these days.
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November 24, 2020, 07:56:27 PM
 #57

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.
As long as you are not greedy you still have a chance to getting profit although the altcoin price are increasing.

I'm not sure this is the best advise or not but in a few days ago I'm trading in two altcoin namely xrp and xlm and I got a good return form my daily trade.

You may need to try, there are some factors that could make those altcoins price will increase more. Given the economic situation will push many people comfortable to choose crypto currency as a good place to get money.
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November 24, 2020, 08:06:38 PM
 #58


stellar and XRP seem the logical tokens to buy while they are up to run up wildly these days, i hope this will not end bad though. the last price i remember for XLM was $0.08 and not its $0.19, its a damn profit already if i just got in at the right price.

having $2k to invest, i would certainly be looking to the most cheap like TRX, NEM or ADA. this is going to be for a long term that i may sell on mid 2021.









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November 24, 2020, 08:08:58 PM
 #59

that could be a good decision actually. alts have potential for massive movement than btc but you have to be careful the alts you stake your funds on. find alts with good fundamentals and buy. also be careful not to be greedy so you wont lose all. The surest coin you can hodl is btc, but alts will give you more profit than btc

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November 24, 2020, 08:19:39 PM
 #60

without thinking, I will definitely put it on ethereum (70%) because I don't want to be left behind when 2.0 is released and the remaining 40% I will invest in several altcoins such as DIA, DOT and BNB
In my sincere investment mindset, I will neither choose anything outside the good coin than just putting my had earned money at stake in other shit-altcoins, the true identity of the king of altcoins has now been shown, ethereum is the best cryptocurrency when talking about altcoins. Though there are some good coins aside this  but I would put all my investment %100 funds into ethereum because of it potential.

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