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Author Topic: Which crypto should I invest?  (Read 893 times)
Trixoempire (OP)
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May 14, 2021, 01:27:28 PM
 #1

Which crypto should I invest? I have 20k.
I look on the crypto SafeMoon
It sound promosing.

I am long for safe investment and long term. Should  i put money on it?
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May 14, 2021, 01:55:00 PM
 #2

If you'd have to ask us what to invest in instead of doing your own research and making your own decisions, then you probably shouldn't do investing in general. Especially taking note that what seemed to grab your attention was a 2-month old cryptocurrency that's been pretty much just shilled on Reddit and social media.

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May 14, 2021, 02:01:28 PM
 #3

What is that 20k exactly? Dollars? Franc? Euro? Ruble? Peso? Also @mk4 is right, do your own research first and try to ask the right questions in the forum but to answer your question, I would say that bitcoin is still the number one coin to invest in.

Trixoempire (OP)
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May 14, 2021, 02:07:09 PM
 #4

But there is cryptocurency ''safemoon''

So is the safest investment to get rich?
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May 14, 2021, 02:20:03 PM
 #5

It's pretty strange to ask such things from strangers. Do your ownr research. Don't put responsibility on strangers.
And if you asking this in Bitcoin thread then you know what a lot of people can tell you.
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May 14, 2021, 02:50:47 PM
 #6

You are about to invest a huge amount of money, it would be good if you are going to do your own research instead of asking it, there are some who will give you what to invest but still, you are the one who is going to decide what it would be based on what you have researched. Among all cryptocurrency, bitcoin would be the best option, invest in bitcoin for the long term, that would be a good profit.

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May 14, 2021, 03:18:58 PM
 #7

But there is cryptocurency ''safemoon''

So is the safest investment to get rich?

Not sure if you're serious here or being a troll, but do you really think it's a safe investment just because it has "safe" in it's name? I could literally create a crappy cryptocurrency right now named "best crypto investment"; would that automatically mean that it's a great investment?

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May 14, 2021, 03:32:56 PM
 #8

Which crypto should I invest? I have 20k.
I look on the crypto SafeMoon
It sound promosing.

I am long for safe investment and long term. Should  i put money on it?

If you don't know on which coin to invest better keep your money and don't spend it on recommendations of any users here since they might suggest you those shit coins here. Better do your own research first and once your ready pull out your capital and start on investing. Also better go with top alts since they are quite safe.

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May 14, 2021, 03:33:09 PM
 #9

I think it will be better if you do your own research, look more into the cryptocurrency you want to invest, see the pro and cons from them, and then decide whether you want to put your money there or not. Especially, if you're putting 20k, it's huge amount of money, and asking from strangers will just be pointless if you don't do your own research. You won't know whether they will really suggest you a good investment or not. I can't suggest which crypto you should invest, but maybe you can try to diverse your investment, so the risk will be divided as well, and you might not experience loss or gain at once, but it will be diverse. It'll help more with your investing decision as well.

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May 14, 2021, 03:50:25 PM
 #10

Which crypto should I invest? I have 20k.
I look on the crypto SafeMoon
It sound promosing.

I am long for safe investment and long term. Should  i put money on it?
You need to think long and hard on which project you're going to drop all or most of your 20k. I'm saying this because the market can be shaky at times and you need to only go for beast projects. I shall refrain from naming any but all I advise you do is to look beyond team and project tokenomics. Good luck!
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May 14, 2021, 03:55:02 PM
 #11

Which crypto should I invest? I have 20k.
I look on the crypto SafeMoon
It sound promosing.

I am long for safe investment and long term. Should  i put money on it?

if you want to invest safely and for the long term, then Bitcoin is the right choice for you to make an investment, because the price of Bitcoin will definitely continue to increase and of course Bitcoin is safer than altcoins, so you shouldn't hesitate to invest in Bitcoin for the long term and of course in the future you will definitely get a profit.

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May 14, 2021, 03:59:37 PM
 #12

Not sure if you're serious here or being a troll, but do you really think it's a safe investment just because it has "safe" in it's name? I could literally create a crappy cryptocurrency right now named "best crypto investment"; would that automatically mean that it's a great investment?


Looks like we are back in 2017. The end of alt seazon is here if we see topics like that...

@OP:
Don't you dare to invest in anything with knowledge you have. You will lose all your money. We are currently at the top (or very close to top) of alt seazon. We observe massive vlolatility. With every day we are closer and closer to end of it. Every altcoin will dump 80-99.9%. You will be left with 20-400$ out of your 20k$ !Here is what you should do:

Good time for investment was in 2018-2020. Good time for investment will be in 2023-2025. Until then newbie should do 2 things. Save as much money for 2023-2025 and observe how bubble is forming and how its crashing. To try to learn those emotions. FOMO all around the place. To know what to do with his investments when new bubble will start. When to cash out ... when every other is screaming "moon" "We are going to 500$ with this shitcoin". He will know that its the best time to grab his money out because he will know what bear market will do with all those lambo investors few weeks after.
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May 14, 2021, 04:08:01 PM
Merited by sheenshane (1)
 #13

Something tells me that a suggestion of BITCOIN being the best investment for
the OP isnt really going to cut it, compared to "Safemoon" which is a really sound
investment because it is a SAFE investment which promises an investment
will increase in value "To the MOON"

SAFE + MOON = no brainer (literally)

R


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sheenshane
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May 14, 2021, 04:19:41 PM
 #14

SAFE + MOON = no brainer (literally)
Haha, you nailed it and I tend to agree with this.

Don't waste your time and money investing in a new project without even use in the ecosystem, it's literally insane believing they make a profit but it's high risk and possibly turns into a scam.  There's nothing sounds promising on this SafeMoon, to be honest.

Why not put all your money on Bitcoin instead?  It's proven and tested that you will potentially make a profit through its nature, the volatile.  Sometimes people blindly believe in the hype, they even don't know what is the use of the project that they invest in.  Remember, always have DYOR.
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May 14, 2021, 04:37:25 PM
 #15

Well, good luck with your safemoon. You are taking a higher risk, I'm not sure how could you face that but either you believe me/us or not, SafeMoon can't be safe at all. Why not consider the known coins like Bitcoin, ETH, and BNB? They are known to that word safe and profit assurance, and I think you are gone too far from it.

Anyway, it was your choice. $20k is a big money, you can lose them all if you got mistaken. Think about spreading it, I think it is a good idea rather than focusing on a single project. I just hope that you won't regret investing in that project.
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May 14, 2021, 04:57:10 PM
 #16

seems like a lame attempt from the OP by trying to put publicity for "safemoon" crypto. not only that the reason OP gave is probably one of the most shallow reasoning I've seen regarding investing.

Lol, it seems like they are trying to control people and trying to force them to hold on to their "safemoon" coin with the promise of getting a percentage of the 5% fee taken from those who sell their coin.
SafeMoon’s unique feature is that it charges a 10% fee to anyone who sells their tokens; 5% of this fee is then redistributed to all other SafeMoon owners, essentially rewarding those who hang onto their tokens and disincentivizing selling.

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May 14, 2021, 05:45:26 PM
 #17

Which crypto should I invest? I have 20k.
I look on the crypto SafeMoon
It sound promosing.

I am long for safe investment and long term. Should  i put money on it?
Safe moon? I think its hype's done.

Are you really going to put $20k on it with single crypto? I'm not confident when someone is telling that and it's not bitcoin. With that amount, I'll be putting that alone on bitcoin.



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May 14, 2021, 06:00:30 PM
 #18

I hodl. But not btc.

I have bnb, ada, eth, theta, ltc
How about your investment now? Has it given you a lot of profit? Let say, if you hold BNB since April 16 then then you have got a big profit.

You don't need our suggestion, you already known crypto currency because previously you have choosen a good coin that has given you a profit.

I don't know much about the coin that you mentioned and I suggested to move this thread to altcoin board because you have just stated that you aren't interested to bitcoin.
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May 14, 2021, 06:08:42 PM
 #19

There are many suggestions to be bought, and there are some things that you can miss out on. It's a matter of deciding for yourself and not relying on others and then blaming them because you followed them or learning how to know what to buy during these times. It's best to be aware of what to do and the current trends because they can be taken advantage of, but you would be devastated once it turns against you.

Anyway, the safe moon is technically not safe; just basing on its popularity alone during these times is risky. Not for the long term, unless you are shorting it?

I think with your 20k, and you could do a lot of things. Possibly, divide your 20k into different assets, in which you have chosen the best coins for you, and you decided it for yourself and then wait for it to rise. I think that's a great strategy and prevents putting everything in one asset.

This is not financial advice, lol.

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May 14, 2021, 06:17:19 PM
 #20

But there is cryptocurency ''safemoon''

So is the safest investment to get rich?

Are you sure about this safemoon and have done your research first?

I'm not really sure what your choice is what makes you want to be rich from it, is there any guarantee with this large supply of trillions, I don't really believe in shitcoin, it's much safer, what you hold now is better than choosing Safemoon.

You only want it for the long term so think again and remember this is still in the trend, if it is over, the shitcoin will probably fall too.

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