BITCOIN4X
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May 15, 2021, 04:42:37 AM |
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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?
Your question shows us that there is doubt on your part to make the decision to invest in the altcoin you mentioned. As many other users have mentioned, there is a huge risk waiting for you to invest in a new altcoin compared to the already popular altcoin. Usually the resulting hype will not last long and price will dump after some time. Also, don't force yourself to invest in asset that still make you doubt your future potential. Therefore, I would advise you to invest in bitcoins which are proven to have much better potential than altcoin. In addition, the bitcoin discussion board is devoted to discussing everything related to bitcoin and its development. I think if you want to continue the discussion then move your thread to a more appropriate part which is the Altcoin Discussion.
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bitterguy28
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May 15, 2021, 04:56:54 AM |
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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?
risky but safest ? Bitcoin .. you can at least Hold more than a quarter of bitcoin now. And when the price climbs up to a Million dollar then you will surely a 300 or more thousand dollars.
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Obito
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May 15, 2021, 08:40:03 AM |
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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?
Do your own research on that crypto OP, you might just be scratching the surface. @mk4 is right, you should do your own research about the best crypto invest in because if someone recommended you a crypto and you bought it and the coin crashed then you will probably blame that person and to avoid that you should do your own research so you have no one to blame, take the recommendation in this thread with a grain of salt, if it interests you, research about it.
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BuNga_cute
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May 15, 2021, 09:42:45 AM |
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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've done your research and you think SafeMoon is the best choice for a long-term investment, please just do it. Sometimes investing in shitcoins can provide a much greater profit than investing in popular coins. But if you invest in SafeMoon based on other people's recommendations, you should not take other people's suggestions. Since there is no guarantee that other people's analysis results are accurate, just trust the results of the research that you do yourself.
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virasog
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May 15, 2021, 09:52:14 AM |
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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 ask me for the safest investment for long term then you should invest in bitcoins only. You may not get 10-100x returns but you will still get good returns and more importantly this will be the most safest investment. Altcoins may give better returns but you can lose money in them too.
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DatKing
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May 15, 2021, 10:04:33 AM |
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I am a HODLer and I don't trust new coins too much for HODLing them. But I know a friend who derived a lot of profit thanks to SafeMoon. But he is more like a day trader so he likes to invest into this kind of coins for short terms. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Reosta_
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May 15, 2021, 10:43:52 AM |
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I don't know much about SafeMoon. But if you really need an advice about which altcoin to invest in, then my number one choice is BNB. Because I think we will see the price at $1k and it is not so far away. I also believe that Ethereum is still a good choice to invest in as I expect the price to reach even $10k at least in the long run.
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DoublerHunter
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May 15, 2021, 11:00:19 AM |
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I don't know much about SafeMoon. But if you really need an advice about which altcoin to invest in, then my number one choice is BNB. Because I think we will see the price at $1k and it is not so far away. I also believe that Ethereum is still a good choice to invest in as I expect the price to reach even $10k at least in the long run.
^ We don't really know what will happen to this coin in the future, we criticized every new coin that will arrive but when it will go to the moon, most of us regrets it. Just like what happened on ADA, XRP, Dogecoin, BNB and etc. They had once on the top 10 altcoins in the crypto market cap. If you can afford to invest in Safemoon and include this in your portfolio, why not? As long as don't forget BTC as a top of your priority upon investing. For now, we really don't know what will happen. Just put a try that only you can afford to lose. That is it!
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richcorner100
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May 15, 2021, 11:16:13 AM |
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If you would like to invest in crypto for longterm, you should pick crypto that has better fundamental, working product and what problem they want to solved. My personal suggestion is Chia network is good option because offer something different in crypto market, that is Proof of Space and Time. This coin can be strong competitor of Bitcoin.
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KeikoKitagawa18
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May 15, 2021, 11:26:08 AM |
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Lol, if you want to invest on the long term why do you think safemoon is good? Did you see the whitepaper ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I suggest you go all in on ethereum or maybe you can split it into NFT project like CHZ, both of them is verry promising.
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Bilgent
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May 15, 2021, 11:32:40 AM |
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I don't know much about SafeMoon. But if you really need an advice about which altcoin to invest in, then my number one choice is BNB. Because I think we will see the price at $1k and it is not so far away. I also believe that Ethereum is still a good choice to invest in as I expect the price to reach even $10k at least in the long run.
^ We don't really know what will happen to this coin in the future, we criticized every new coin that will arrive but when it will go to the moon, most of us regrets it. Just like what happened on ADA, XRP, Dogecoin, BNB and etc. They had once on the top 10 altcoins in the crypto market cap. If you can afford to invest in Safemoon and include this in your portfolio, why not? As long as don't forget BTC as a top of your priority upon investing. For now, we really don't know what will happen. Just put a try that only you can afford to lose. That is it! I agree with you. As long as you won't make a very risky investment into SafeMoon, you can try it out and see what happens next. I bought many altcoins like this. Some of them made me really happy some didn't.
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asyakashi
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May 15, 2021, 12:46:48 PM |
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If you want to glance at other coins, you can see like SFP, TKO, SFUND, currently pretty good to enter. Keep making longer predictions to be sure.
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asyakashi
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May 15, 2021, 12:48:19 PM |
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Lol, if you want to invest on the long term why do you think safemoon is good? Did you see the whitepaper ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I suggest you go all in on ethereum or maybe you can split it into NFT project like CHZ, both of them is verry promising. I think he is interested in BEP20 tokens for the long term, I've heard of Safemoon, but lacking confidence in this project, I would suggest it a more potential and long-term coin, even listed on binance.
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asyakashi
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May 15, 2021, 12:52:01 PM |
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But there is cryptocurency ''safemoon''
So is the safest investment to get rich?
I think this is a hype token, a hype token commonly used for the short term with a fairly high risk and less obvious usability. And if what is meant is a safe long-term investment, SafeMoon is the less appropriate option.
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Ecol
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May 15, 2021, 01:44:56 PM |
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Investing in altcoins may make sense when the dominance is at this low level. But it can be just as risky. Because in the near future, bitcoin dominance will be on the rise.
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aysg76
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May 15, 2021, 01:57:44 PM |
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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 have already made your mind for investing in new projects like Safe moon then why are you asking for suggestions here on the forum? First rule of investment is self research and your investments should not be influenced by others.But if you are really willing to invest 20k don't go for SafeMoon but rather diversity your portfolio and go with Bitcoin,ETH coins with larger portion.But if you are onto altcoins then Solana and DOT are one of the most promising project who have changed the blockchain ecosystem and Market cap and prices are increasing due to projects using their blockchain technology.Don't get manipulated by the social media these days as most of the coins shilled are on just temporary surge and soon crash including your SafeMoon.
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Maslate
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May 15, 2021, 02:57:54 PM |
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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 have already made your mind for investing in new projects like Safe moon then why are you asking for suggestions here on the forum? First rule of investment is self research and your investments should not be influenced by others.But if you are really willing to invest 20k don't go for SafeMoon but rather diversity your portfolio and go with Bitcoin,ETH coins with larger portion.But if you are onto altcoins then Solana and DOT are one of the most promising project who have changed the blockchain ecosystem and Market cap and prices are increasing due to projects using their blockchain technology.Don't get manipulated by the social media these days as most of the coins shilled are on just temporary surge and soon crash including your SafeMoon. He's done the research already mate and that is why he found the Safe Moon project, it is not a promising project? I may not sure and the same thing just like you have thought about Solana and DOT. I respect to what OP's choice, coz I believe that he knows what to invest in and that projects seem to be his comfort and trusted ones. I know he has some potentials coins on his previous investment but he wants to explore more and taking advantage while altcoins still pumping.
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MinoRaiola
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May 15, 2021, 07:55:16 PM |
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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 own Bitcoin, then you have the most important currency and you have to plan for the long term. If you favor altcoins like safemoon then imagine yourself on a turbulent journey and a headache. It will take more time and you will often wonder if you can do better with trading, staking and much more.
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sapnu
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May 16, 2021, 08:08:18 AM |
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Upon deciding which crypto you are going to invest in, it would be best if you would conduct research or ask other for their opinion. The decision is still yours to make, just use their given opinions and the crypto you saw as a basis on what's really the best crypto for investment at the moment. Bitcoin is currently down so I would suggest it for sure. If you saw Safemoon as a promising coin, try giving it more time and always monitor its price movement and if you see it has a good one, then make an investment but try diversifying sometimes on other potential coins to maximize the profit you can make.
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ancafe
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May 16, 2021, 10:27:38 AM |
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Investing in altcoins may make sense when the dominance is at this low level. But it can be just as risky. Because in the near future, bitcoin dominance will be on the rise.
$ 20k is indeed the range that can earn some bitcoins. however, I might choose to hold ethereum over bitcoin. I know that bitcoin has less risk than others and also a higher profit rate, however, I am pretty sure that Ethereum can get a 0.1 BTC / ETH pair range. So, if you have it for $ 20k at the moment, I think the benefits could be bigger.
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