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Author Topic: Which coin I should investmen with 5k dollars?  (Read 4223 times)
SacriFries11
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April 18, 2021, 11:24:17 AM
 #221

$5k is a serious amount for a first investment. Do you already have an experience of cryptocurrency investment or it will be your first investment? I suggest to not invest whole sum in the beginning, but to invest only a part. Lets says $1k in Bitcoin and $1k in other altcoins and see how things are going and are you satisfied with the result.
Agree, don't put too much money in the beginning especially if you're just new in crypto currency or even in investing or trading. He might lose it once when the price goes down if his know that he cannot get back the money. OP needs to know the risk in investing cryptocurrency, I don't suggest investing in DEFI projects especially if you buy in Pancakeswap. There are some cases that the money will eventually lose or the system get hack you might lose your investment but not all DEFI are the same. I suggest that you should have deep researched about the project and they should have transparency and security as well. Cryptocurrency is on sale right now, we can buy at less price and wait again for the pump.

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April 18, 2021, 11:26:27 AM
 #222

I don't k ow if this can still get to you OP since many have already replied to your post, right now crypto market is in red because of massive leverage traders or sort and many think bull season is already over mean while is is another buying opportunity, buy BTC and ETH, they are cheaper right now

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April 18, 2021, 12:33:35 PM
 #223

If we are to think about the market possibilities and the chance involved I will say, invest in Bitcoin is more profitable than the altcoin but you shouldn't invest the whole $5K because you'll need to set aside certain crypto which you'll use for capital.
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April 18, 2021, 12:57:10 PM
 #224

In my opinion, if you have $ 5k funds and want to invest in crypto then you should recommend etherem and binance, because these two altcoins have very bright prospects, and are proven to provide big profits, so they are very suitable for investing in the long term.  short or long,

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April 18, 2021, 02:31:10 PM
 #225

Hi guy,

I have 5k dollars, you think i should investment any altcoin.



Do you think about UNISWAP? i see it have a top rank in DEFI.

Thanks you.

Why investing in DeFi when there's Bitcoin and Ethereum to invest. With that capital, it is enough to diversify your portfolio with a few tokens and of course, Bitcoin will have the largest portion. Bitcoin because it is more certain compared to any other altcoins which are also less risky. Now that the market was slightly down it is the best opportunity to purchase some coins because they were cheaper. I wouldn't say DeFi is not worthy of investment it is just more volatile than Bitcoin which means higher risk to take but if you think you can handle it then why not it could be profitable as well. Just remember that scrutinize every each one of the coins before you place your investment for you to mitigate the risk of losing your money.



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April 19, 2021, 05:52:29 PM
 #226

$ 5k is a lot of asset and is perfect for investing in altcoins that have a chance of being more valuable in the future such as BNB, cardano and polkadot. I think these altcoins are very suitable for investing at this time.

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April 19, 2021, 09:56:12 PM
 #227

$ 5k is a lot of asset and is perfect for investing in altcoins that have a chance of being more valuable in the future such as BNB, cardano and polkadot. I think these altcoins are very suitable for investing at this time.
That is really good number for investing in altcoins, if you made right decision you can make great profit in the future. BNB, ETH are great ideas for investing in, but as you know top altcoins are the best for long term investing. If you can be enough patient, you can earn from them. 

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April 19, 2021, 10:40:48 PM
 #228

Hi guy,

I have 5k dollars, you think i should investment any altcoin.



Do you think about UNISWAP? i see it have a top rank in DEFI.

Thanks you.

I would recommend you to invest in ADA and BAND, then now is the right time for you to invest in ADA and BAND, because currently the price of ADA and BAND is going down, so if you buy ADA and BAND right now and when the prices of ADA and BAND started to rise very high again, then you will definitely get a big profit from investing in ADA and BAND at this time.

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April 19, 2021, 11:13:41 PM
 #229

$ 5k is a lot of asset and is perfect for investing in altcoins that have a chance of being more valuable in the future such as BNB, cardano and polkadot. I think these altcoins are very suitable for investing at this time.
That is really good number for investing in altcoins, if you made right decision you can make great profit in the future. BNB, ETH are great ideas for investing in, but as you know top altcoins are the best for long term investing. If you can be enough patient, you can earn from them. 
Patience with holding altcoins in the long term is a right decision. If the market is dump, then we must buy the promising currencies such as ETH, BNB, LTC and DOT and hodl them until we find a good profit that satisfies us, then we sell a part and we must diversify the wallet with those currencies and don't put all the money in one currency.

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April 20, 2021, 06:13:31 PM
 #230

5000 $ is a lot of money, and UNISWAP is a good coin if you want to invest it, but my advice is that you should divide your investment into a few coins, don't just buy uniswap, because maybe uniswap has a long time to go up.

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April 22, 2021, 06:01:54 PM
 #231

$ 5k is a lot of asset and is perfect for investing in altcoins that have a chance of being more valuable in the future such as BNB, cardano and polkadot. I think these altcoins are very suitable for investing at this time.
That is really good number for investing in altcoins, if you made right decision you can make great profit in the future. BNB, ETH are great ideas for investing in, but as you know top altcoins are the best for long term investing. If you can be enough patient, you can earn from them. 
Patience with holding altcoins in the long term is a right decision. If the market is dump, then we must buy the promising currencies such as ETH, BNB, LTC and DOT and hodl them until we find a good profit that satisfies us, then we sell a part and we must diversify the wallet with those currencies and don't put all the money in one currency.

In my opinion, the responses above are the best suggestions and can be applied in buying and selling digital currencies. like the last suggestion, I think this is advice that is beneficial for all traders, where traders do not have to pile their investment in one coin but must be solved. at least by doing so the trader will benefit from many sides. I think all of these suggestions are very good

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April 22, 2021, 07:02:26 PM
 #232

5000 $ is a lot of money, and UNISWAP is a good coin if you want to invest it, but my advice is that you should divide your investment into a few coins, don't just buy uniswap, because maybe uniswap has a long time to go up.
That's right, if someone has $ 5000 in cash then it is better to share it in five coin or token models because $ 1000 in one coin or token model is very good enough to get profit through trading in the crypto market at this point in time.

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April 22, 2021, 07:20:13 PM
 #233

If you have that much capital you should not waste it, my advice is that you better choose the BNB, Cardano, and Polkadot coins. I see the coin continues to grow and has opportunities for the future

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April 22, 2021, 11:47:19 PM
 #234

If you have that much capital you should not waste it, my advice is that you better choose the BNB, Cardano, and Polkadot coins. I see the coin continues to grow and has opportunities for the future
Those are the top coins. But to be wiser this time, you better put some allocation for bitcoin as well. The price has became lower and it should be included by everyone who's longing to buy at this dip.
A $13k discount we got after it has reached the latest all time high.

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April 23, 2021, 12:16:38 AM
 #235

Hi guy,

I have 5k dollars, you think i should investment any altcoin.



Do you think about UNISWAP? i see it have a top rank in DEFI.

Thanks you.
If you are into a long term investment I suggest you hodl these altcoins: VET, DOT, BNB, LINK, AVAX and XRP but if you are just into short term investment or you are a trader I think the best altcoins for you is the NFTs because that is the trend of the market this year.

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April 23, 2021, 03:55:52 AM
 #236

The problem is that almost all of the altcoins look hyperinflated and overpriced right now. If you check my previous posts, I have argued in favor of coins such as BNB and BCH, because at that time they looked undervalued. But even these coins have gone up a lot during the recent weeks. When altcoins look like inflated balloons, it is the first sign that a correction is around the corner. So if you have $5K with you, then you better wait for a few more months before using it to purchase crypto.

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April 23, 2021, 07:02:42 PM
 #237

If you have that much capital you should not waste it, my advice is that you better choose the BNB, Cardano, and Polkadot coins. I see the coin continues to grow and has opportunities for the future

I agree with what you suggest. As for me, this is the best advice and I am sure that if the altcoin is bought now it is very likely that 1 or 3 years from now all of these token holders will become billionaires. I am sure your suggestion altcoin

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April 24, 2021, 09:18:21 AM
 #238

For now, if you are interested in investing, my advice is to make gradual purchases at BNB to get the lowest price. In the next 2-3 years, BNB has a good concept and will be able to compete with ethereum. now their project is in the development stage and it will be a successful project later. now when the market is experiencing a correction we can decide to buy gradually
well, I also have the same view. If I have a lot of money to invest, I will most likely choose BNB as one of those places to invest. however, I think the current potential of BNB is even greater than ETH. sooner or later, the progress of BNB can really be felt. I'm pretty sure it will cost over $ 600 this year.

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April 24, 2021, 09:44:33 AM
 #239

The safest investment is still bitcoin, especially we are in discount period.

If you invest now you gonna get very good price, if ur not interested to invest in bitcoin maybe you can do your own research in ROSE coin.
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April 24, 2021, 10:04:46 AM
 #240

The safest investment is still bitcoin, especially we are in discount period.

If you invest now you gonna get very good price, if ur not interested to invest in bitcoin maybe you can do your own research in ROSE coin.

I agree with you. I think also that the Bitcoin is the safest option now. Of course, it is volatile like others but we know how much sensible to HODL BTC. It's the best thing to do for making a great deal of profit in the long run.

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