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Author Topic: Investing my $2000 to altcoins instead of Bitcoin  (Read 1274 times)
maartenhaha
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November 24, 2020, 08:37:37 PM
 #61

I will use $2k for XRP and XLM because the fast correction moves make a profit of $100-300 for the day besides that the XRP fork event is coming soon and it will make the price even higher.

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November 24, 2020, 08:39:40 PM
 #62

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.
Analysing the market and seeing many alts already flying i think the only top alt i have found that have not mived as much as others but have huge potential and room for growth is none other than tron trx.

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November 24, 2020, 08:42:48 PM
 #63

How about splitting like your investment. I know you don't want to invest in bitcoin, but I would still suggest you to invest at least 50% of your money in bitcoin, while investing rest of the money in other well known altcoins. Remember, altcoins are more volatile. A coin worth $100 today can be almost $0 the next day! So choose coins that are already well established, has active community and are constantly being developed. Try not to invest on those new coins or coins that are being hyped (defi coins).
You should decide for yourself which coins that you should invest. You will receive biased suggestions if you rely on peoples opinion.

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November 24, 2020, 08:43:56 PM
 #64

If you have $ 2k cash you can choose XRP as an investment for later this year as it has some great news to come one of its Airdrop snapshots for XRP holders.  if you want to get that moment you can buy xrp.  Or you can split $ 1k for eth and $ 1k for xrp. These two Coin dominate the market today.
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November 24, 2020, 08:44:18 PM
 #65

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.

Maybe you have to put your money in that altcoin that has gone high in your own opinion Mayberry is the altcoins time to high. I have not seen a good coin that has gone high only etheruem. You can invest there in etheruem.
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November 24, 2020, 08:48:23 PM
 #66

Its glad seeing that people are getting interested on Crypto industry.as many people already advised you investment your money on altcoin like ether because of its recent pump. I also thing same as they told.but there are also lots of others altcoins are available for investment like  Bnb,tron,ada,link, which may give you good return.you may select altcoins from those

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November 24, 2020, 09:01:11 PM
 #67

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.
2000 is good amount to still pick some top alts and make superb profits in few months. So watching the top 20 list i would select trx that is hovering around 3 cents for now and i think last high was 25 cents for trx so this time around i guess it has the potential to hit over $2.5 per trx as new high price.

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November 24, 2020, 09:04:24 PM
 #68

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 50% on BCH and 50% on ETH...
Bitcoin is bullish and will touch ATH again soon, most likely BCH and ETH will touch ATH again. fork BCH and ETH 2.0 are the biggest Altcoins events of the year, both will go to the moon soon.



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November 24, 2020, 10:00:05 PM
 #69

Investing your $2000 in ETH, you buy all about 3.3 ETH now. Hold it and wait for ETH2.0 release on December 1, your balance can $3000 after that time.
It is actually not a good idea to invest your money right now because as you can see in the market the price of ETH already pumps and it is too risky to do that, maybe if you already invest that before the pump happens, you can already see that your money is growing but at a time like this, it is too risky. And about the ETH 2.0, we cannot predict what will happen next once it is being released. But still, we are all hoping that once it was released that it will have a big impact on the value of the ETH itself.
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November 24, 2020, 10:13:28 PM
 #70

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i don't want to be caught at the high.
Firstly, i hope you have already invested in Bitcoin before making decisions of investing in altcoin, if not I believe you are not making a good conclusion and with new ATH price still awaited (the altcoin market is yet to rallied high but Bitcoin have 5% surge to reach it previous ATH) in the market, the best altcoin you invest in are ETH and BNB.

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November 24, 2020, 10:43:33 PM
 #71

For me who lives in a third world country, of course, the capital of $ 2000 is very large, so it must be used as well as possible.
In my opinion, 50% of the capital you have should buy Bitcoin, but since you want to invest in other than Bitcoin, I will provide
recommendations for very profitable altcoins to buy. These include Ethereum, Ripple, Chainlink and Tron. From the altcoins I mentioned,
the performance is very good, and now it has started a bullish trend. So the price will continue to rise until 2021, so no need to hesitate
to invest your $ 2000 money in the 4 altcoins that I have mentioned.

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November 24, 2020, 10:55:07 PM
 #72

Look for completed projects from excellent devs or ones near completion that are terrible or dont seem to care about marketing.
I would keep most in bitcoin. I would put 500 dollars with blacknet, bitbay and Blocknet.
Those that the most undervalued projects from developers that have demonstrated they can produced original work that is incredibly useful. Do your own research. I have spent years studying this forum and annoying developers with questions.

Look outside of the top 200 for the huge returns. But dont buy anything from an unproven development team and make sure their product is complete or nearly complete.

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Always most in bitcoin.
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November 24, 2020, 10:56:13 PM
 #73

Investing your $2000 in ETH, you buy all about 3.3 ETH now. Hold it and wait for ETH2.0 release on December 1, your balance can $3000 after that time.
It is actually not a good idea to invest your money right now because as you can see in the market the price of ETH already pumps and it is too risky to do that, maybe if you already invest that before the pump happens, you can already see that your money is growing but at a time like this, it is too risky. And about the ETH 2.0, we cannot predict what will happen next once it is being released. But still, we are all hoping that once it was released that it will have a big impact on the value of the ETH itself.
Despite all the good news surrounding crypto that will positively influence the price of the market and the upcoming ETH2.0 you still consider invest in ETH at the $600 price range to be risky? I will advise you make research about the purpose of ETH2.0 which was ETH own way of preparing for the mainstream and that the reason why the Australian government are planning to you ETH to create their own digital currency.

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Myleschetty
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November 24, 2020, 11:02:50 PM
 #74

OP, when you ask this kind of question a lot of people will give you advice but 41% of all their advice is helpful and I will advise you to think deeply and seek knowledge before making any decision but ETH seems to be the perfect altcoin.
globalcitizen
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November 24, 2020, 11:13:54 PM
 #75

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.

In as much as I'm a big fan of bitcoin, I can only advise you to invest your hard earned money into it only when I'm sure to certain level that you're going to make some return on your investment within a specific time. At the moment, I don't think Bitcoin will be the best coin to buy. You can consider the altcoins particularly, ETH, BNB, and some DeFi tokens.

 Better still I would advise any PROFIT-DRIVEN and Short-term investor to hold on till the first quarter of 2021. This is when I think it will make more profit sense to invest for a better ROI. The current boom in the market is not going to last for a longer time beyond the beginning of next year. Invest when the price is low not when all the gains of the year have been made.
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November 24, 2020, 11:20:21 PM
 #76

OP, when you ask this kind of question a lot of people will give you advice but 41% of all their advice is helpful and I will advise you to think deeply and seek knowledge before making any decision but ETH seems to be the perfect altcoin.
dont forget to pick XRP too, currently XRP very strong in market and its able to gain more than 50% in a day. ripple investors and community already come back to market and we should not miss the train and take early position before its price move above $1 and going toward its all time high.


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November 24, 2020, 11:22:19 PM
 #77

Some say that Ethereum has failed but I think it isn't.
Who said Ethereum has failed? Is he blind?   Undecided
We cannot judge Ethereum failed only based on the high fee transactions. On the contrary, Ethereum will have the next version ETH 2.0. It is one of the signs of success in Ethereum improvement. So, how can some people judge that Ethereum failed? I think the people only spread FUDs, bro.

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November 24, 2020, 11:59:21 PM
 #78

If I want to invest in altcoins with $2000, I only choose the most potential altcoins like ETH, XRP, XLM, TRX, ADA, ot other top altcoins. You must realize that once the altcoin season begins, almost all top altcoins can improve their prices very well. Just look at what's happening with XRP or XLM today! They are growing very fast and seem consitent to increase more. So, it is very promisng to take a part of the party on those two top altcoins.


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November 25, 2020, 12:42:27 AM
 #79

Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.
When I'm looking at the good investment I found Elrond or eGLD and I tried to invest my money last year. The supply that time was so much a lot like more than 13B circulating supply until they have mainnet launch we swapped our old erd to eGLD that has equivalent to 1000ERD : 1EGLD its 1000x less to old token. So the price pumped to 0.68$ that was their IEO price on binance. And now the price was more than 8$ and I am so happy to invest, And If you like invest too. Make sure to know more than you know about the project the team and also the goals and vision of the project where you wanted to invest.
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Bisq Market Day - March 20th 2023


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November 25, 2020, 02:46:52 AM
 #80

According to the research i carry out today, show BNB and Ethereum is good to invest because they are about to rise to reduce other cryptocurrencies in the market. Many investors are already see the sign of BNB and Ethereum that will come with full speed to reduce bitcoin in the market, since bitcoin has been increasing since we enter pandemic, that collapse so many countries economy.
If you invest your $20k in Ethereum and BNB, it will go to bring you a good profit at the end of the business. Many that will invest with Ethereum and BNB will definitely make a reasonable income before we enter 2021.

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