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Author Topic: Junior students ask for advice: what money is worth investing now, and what mone  (Read 394 times)
fancy2973
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June 04, 2021, 04:29:28 PM
 #21

Are you skipping bitcoin? you look at altcoins and then you're wanting to have a long term goal in this market. If that is so, bitcoin is the ideal choice of yours.
It's been proven by me and the others who have held it for more than 5 years which is your goal. In the past it was quite cheaper but as time goes, you see the progress of it and there's more to its price today which shall increase in the future.

Bitcoin is king because it is king is not a reasonable investment advice. Maybe someone else sometimes knows more than us and understands the specificities better. As long as a person believes to understand the upcoming investment, that is the person knows exactly what it is that it is buying, other coins could also be wise choices.

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June 06, 2021, 05:11:13 AM
 #22

Are you skipping bitcoin? you look at altcoins and then you're wanting to have a long term goal in this market. If that is so, bitcoin is the ideal choice of yours.
It's been proven by me and the others who have held it for more than 5 years which is your goal. In the past it was quite cheaper but as time goes, you see the progress of it and there's more to its price today which shall increase in the future.
You are correct of what you said my friend maybe the OP cannot afford to buy bitcoin because right now the value of bitcoin is so much expensive and probably they are referring to altcoins which   are best coin for long term hodl.
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June 06, 2021, 08:01:14 AM
 #23

Are you skipping bitcoin? you look at altcoins and then you're wanting to have a long term goal in this market. If that is so, bitcoin is the ideal choice of yours.
It's been proven by me and the others who have held it for more than 5 years which is your goal. In the past it was quite cheaper but as time goes, you see the progress of it and there's more to its price today which shall increase in the future.

Bitcoin for me always will remains in my portfolio though I may continue to diversify the portfolio and certain percentage of allocation might change going forward, but eliminating bitcoin to me will not make sense and should always be part as it is a key component in driving the crypto market.

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June 06, 2021, 10:22:27 AM
 #24

It good to know that you already know about cryptocurrency. Take some time in reading different articles and online tutorials on how cryptocurrency works. You can also earn in different ways jus try to explore what field will fit you. You’re right, investing is the right thing to do know since you’re a newbie here. BTC, ETH and BNB are coins I personally recommend to you then try to explore other coins.

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June 06, 2021, 11:52:55 AM
 #25

It good to know that you already know about cryptocurrency. Take some time in reading different articles and online tutorials on how cryptocurrency works. You can also earn in different ways jus try to explore what field will fit you. You’re right, investing is the right thing to do know since you’re a newbie here. BTC, ETH and BNB are coins I personally recommend to you then try to explore other coins.

Cryptocurrency is the best choice of assets in my opinion in a pandemic situation like now, so if we start learning to invest in crypto, we are already
on the right track. Expand knowledge about crypto by learning from various trusted sources, so that we can choose which projects are right to buy.
Don't be in a hurry to get profit when we start investing in crypto, because it does require patience and a long process, to truly become
a successful investor in the crypto world. Recommendations for newbies with you suggesting investments in BTC, ETH and BNB are right,
because the three coins are indeed the best for now.

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June 06, 2021, 12:34:04 PM
 #26

If what you are considering to invest are coins, the best is Bitcoin.

I don't tell you Bitcoin will help you get the biggest profit compares to Bitcoin in one particular time, one month, 6 months, 1 year. In the long time, Bitcoin is the best coin for you.

If you invest in alternate (alternative) coins, and get big profits. Exchange your profit to Bitcoin
He is aiming for 5 years mate so I guess that Bitcoin is indeed the best candidate to keep the hold and buy.

though this is in speculation altcoin section yet I still keep the word for Bitcoin since he had already decided to invest in altcoin such Ethereum and XRp in which best combination together with Bitcoin.

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OP , just Buy the 3 BTC,ETH,XRp for the next 5 years.

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June 06, 2021, 03:33:33 PM
 #27

You’re right, investing is the right thing to do know since you’re a newbie here.
I don't think it's helpful to newbies to let them invest into something that they don't know yet. It was said that before you invest into something you have to understand what you are investing. And since it has been 2 and a half months yet, OP didn't know what is the best crypto to invest yet.

Most of us will suggest Bitcoin since it is widely used and is profitable if handle correctly during bull run but it is also very risky since it's too volatile.

To OP, invest only to something that you understand so you won't regret what you choose to invest and don't ask any special or financial advice to someone that you don't know. You need to do it on your own and head to the internet and do some research. And for best crypto to invest is Bitcoin and the rest of altcoins will vary from your own choices so think and plan it carefully before you invest.

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June 06, 2021, 07:07:41 PM
 #28

Hello, everyone in the forum. I'm a junior. I've been in and out of the coin circle for two and a half months. I've stepped on a lot of holes and been cut several times. I don't believe my eyes at will
I've been watching a lot of Posts and new coins for two days, but I don't know which one has made a breakthrough in technology. I think all the big guys in the forum have come through the wind and rain, so I want to ask for advice. Now it's May 27, 2021, At present, what other currencies have great potential (such as eth XRP in those years), and I also want to invest in them   Put it still, and then look at it five years later. Please give me some advice
It is going to be very difficult for you to find a coin like that by asking on the forum, on the surface what you are doing makes sense but you need to understand that with so much money at stake there are may people that are interested on people coming to the coins in which they have invested and will say anything to try to convince you to invest on their coins, so if you are really serious about investing in the next ethereum then you have no option but to learn a lot more about cryptocurrencies and then find those coins by yourself.



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June 07, 2021, 01:28:20 AM
 #29

Hello, everyone in the forum. I'm a junior. I've been in and out of the coin circle for two and a half months. I've stepped on a lot of holes and been cut several times. I don't believe my eyes at will
I've been watching a lot of Posts and new coins for two days, but I don't know which one has made a breakthrough in technology. I think all the big guys in the forum have come through the wind and rain, so I want to ask for advice. Now it's May 27, 2021, At present, what other currencies have great potential (such as eth XRP in those years), and I also want to invest in them   Put it still, and then look at it five years later. Please give me some advice
so After 10 days of asking  what is your decision ? have you vested already or just wanting this thread to get spammed?
There are already Coins in your mind in which XRP that might climb up the top either this year or the next because the case is subsiding and looks like nothing in effect anymore.

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June 07, 2021, 03:05:57 AM
 #30

I have a friend who got x100 profit from buying BTC and holding it after 8 years. The only thing stopping people from getting a good result with this market is trust, if you are ready for this market then I think sooner or later if you believe in the market then you will have good results.

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June 07, 2021, 04:46:27 AM
 #31

I have a friend who got x100 profit from buying BTC and holding it after 8 years. The only thing stopping people from getting a good result with this market is trust, if you are ready for this market then I think sooner or later if you believe in the market then you will have good results.
x100 for 8 years holding?
 considering that this happens this year ?

If I'm not mistaken , the price of bitcoin back in 2013 is 100$ or so meaning if we will evaluate the price from that to this year,, meaning this is more than 400 folds of profit and not only 100 folds mate.

do you really have a friend or this is just an imaginary ?

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June 07, 2021, 07:05:15 AM
 #32

I think bitcoin is the best coin in the long run if wanna hold a coin for the next five years, then go with BTC trust me when you will see your wallet five years later, you'll notice an amazing profit.

In the meantime, you have to keep your private key safe because the period of five years is not short and you may lose your private key. But if you have a hardware wallet then no worries just buy bitcoin and forget for the next five years.
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June 07, 2021, 10:42:35 AM
 #33

Are you skipping bitcoin? you look at altcoins and then you're wanting to have a long term goal in this market. If that is so, bitcoin is the ideal choice of yours.
It's been proven by me and the others who have held it for more than 5 years which is your goal. In the past it was quite cheaper but as time goes, you see the progress of it and there's more to its price today which shall increase in the future.

Yes,,, but maybe because this is the altcoin speculation thread?Wink

You are right though,,, Junior students or old man, if this is your first time in crypto, do your own research BUT meanwhile buy Bitcoin until you are more confident and know for sure what to invest in. Everything else is a bigger risk (yes bigger potential for profit too but you want to be safe as a first timer).

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June 07, 2021, 12:36:58 PM
 #34

That reminds me of two years ago where I was one of the guest speakers in a cryptocurrency roadshow event held in a well-known university in the Philippines. In a Q&A session, one student raised his hand and provided with microphone, asking me and the rest of the speakers on our advice about the best ones to invest while they are still young.

I just shared my opinion to that student that both stocks and crypto are great investments for the future but comes a certain risk such as market situation, volatility, circumstances, etc. I added that risk management is necessary and only invest what he could afford to lose.

For long-term investment, no questions asked for BTC and ETH.

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June 07, 2021, 03:01:56 PM
 #35

Now it's May 27, 2021, At present, what other currencies have great potential (such as eth XRP in those years), and I also want to invest in them   Put it still, and then look at it five years later. Please give me some advice

In this cryptocurrency market people can make a lot of money and can also lose a lot of money, but there is one fundamental rule that you always have to be aware of:

bitcoin when it falls it always carries the altcoins with it

bitcoin when it goes up always carries the altcoins with it

the price of altcoins in relation to the dollar always goes up a lot or down a lot depending on the price of bitcoin

the price of altcoins in relation to bitcoin goes up a lot or down a lot depending on the altcoin's own demand

In this current scenario where the bitcoin price is in a situation where it can drop a lot, I would recommend you to wait for the bitcoin price to be above 42000$ to buy long term or so if you have a lot of patience then buy now but don't go into panic every time you see the price drop a lot, in case bitcoin drops a lot then the altcoins will be much worse, as I explained to you, so know that if you buy altcoins then you should be twice as patient every time you see the price drop

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June 08, 2021, 11:58:47 AM
 #36

That reminds me of two years ago where I was one of the guest speakers in a cryptocurrency roadshow event held in a well-known university in the Philippines. In a Q&A session, one student raised his hand and provided with microphone, asking me and the rest of the speakers on our advice about the best ones to invest while they are still young.

I just shared my opinion to that student that both stocks and crypto are great investments for the future but comes a certain risk such as market situation, volatility, circumstances, etc. I added that risk management is necessary and only invest what he could afford to lose.

For long-term investment, no questions asked for BTC and ETH.

I did not know you were from there,,, I have seen your nick before but wow, amazing to hear crypto lectures in universities. I guess the problem with young people (myself included when I was young) is that we were bright but also we were stupid. We knew where to find information but we did not have streetsmart to know and identify possible scams.

Which is where crypto is so dangerous as there are way more scams than legit projects. I would always say expect to lose money. Except Bitcoin long term.

Thank you for sharing:)

.
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June 08, 2021, 01:35:34 PM
 #37

Hello, everyone in the forum. I'm a junior. I've been in and out of the coin circle for two and a half months. I've stepped on a lot of holes and been cut several times. I don't believe my eyes at will
I've been watching a lot of Posts and new coins for two days, but I don't know which one has made a breakthrough in technology. I think all the big guys in the forum have come through the wind and rain, so I want to ask for advice. Now it's May 27, 2021, At present, what other currencies have great potential (such as eth XRP in those years), and I also want to invest in them   Put it still, and then look at it five years later. Please give me some advice
I would rather collect some crypto assets as an investment for the long term as you wish for the next 5 years...
1.Bitcoins/BTC. ...
2. Ethereum / ETH. ...
3. Binance Coin / BNB. ..
4. Bitcoin Cash. ...
5. Litecoins. ...
6.Dogecoin/DOGE. ...
7. Basic Attention Token / BAT
no XRP Because in my opinion “XRP has no clear utility at the moment in terms of contributing to global financial inclusion. But XRP can be used as an attractive trading instrument because it has high volatility, in terms of price, XRP also does not perform well. In US dollars, the current XRP price is still far from the ATH price in December 2017, in contrast to BTC which has experienced a 3x increase from ATH in December 2017. This further confirms that there are no new players transacting XRP.

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June 09, 2021, 09:06:32 AM
 #38

I have a friend who got x100 profit from buying BTC and holding it after 8 years. The only thing stopping people from getting a good result with this market is trust, if you are ready for this market then I think sooner or later if you believe in the market then you will have good results.
x100 for 8 years holding?
 considering that this happens this year ?

If I'm not mistaken , the price of bitcoin back in 2013 is 100$ or so meaning if we will evaluate the price from that to this year,, meaning this is more than 400 folds of profit and not only 100 folds mate.

do you really have a friend or this is just an imaginary ?

You should not analyze too closely those figures, I just want to give a specific number and a relative time period. Rather my friend invested about $40k, and he sold them and recounted to me more than $6m and it's from 2017 Smiley , do you want more analysis on the numbers, I can give you more numbers to give you an idea of ​​the person you are thinking I am imagining Smiley

My friends have a lot of people who see money now as just numbers, for this market it's just numbers, but that's not me.

SUGAR
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June 09, 2021, 10:18:48 AM
 #39

I have a friend who got x100 profit from buying BTC and holding it after 8 years. The only thing stopping people from getting a good result with this market is trust, if you are ready for this market then I think sooner or later if you believe in the market then you will have good results.
depend on what coin you need to trust because if You friend has it in bitcoin then He is really in safe hands but if that is in Shitcoins or memecoins then he must be in trouble at some point if the coins got no progress and died eventually.
Not like in Bitcoin that assurance of increase are indeed .









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.
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happen or be a part of it"

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June 09, 2021, 04:30:36 PM
 #40

Are you skipping bitcoin? you look at altcoins and then you're wanting to have a long term goal in this market. If that is so, bitcoin is the ideal choice of yours.
It's been proven by me and the others who have held it for more than 5 years which is your goal. In the past it was quite cheaper but as time goes, you see the progress of it and there's more to its price today which shall increase in the future.

Yes,,, but maybe because this is the altcoin speculation thread?Wink

You are right though,,, Junior students or old man, if this is your first time in crypto, do your own research BUT meanwhile buy Bitcoin until you are more confident and know for sure what to invest in. Everything else is a bigger risk (yes bigger potential for profit too but you want to be safe as a first timer).
This should be the norm and yet things are changing, when bitcoin was worth a few hundred dollars people still thought of it as a cheap coin and they had no problem investing in it and hold it for the long term, and only after some time passed they decided to move part of their money to altcoins, however now the price of bitcoin is so high that many of them decide to skip bitcoin and go directly to altcoins, something that seems like a terrible idea to me.



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