Altcoin investment

[Keith010]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

[cryptoknows]

If you have little capital and you cannot risk it, try investing in fundamental projects that have real technological value. Don't try to catch x100-x1000, it is very difficult now. Unfortunately, the time of crazy X's is over. Take a closer look at Near, Solana, Dot, Matic, AVAX. Choose a closer project for yourself, perhaps you will be interested in some project that has its own token directly within their ecosystem.

[palle11]

People with low capital usually go for bitcoin or ethereum and some other top coins because the risk will be worth it. These coins are already established and have team and community that are under it and won't let it go down. But looking into new projects with small capital investment is risky. New projects are start ups that are still struggling to get foot on the market and may not be able to take the pressure and also competition. So it is a challenge to put money in low utility coins especially if you don't have enough capital to diversify incase one do not do well, the other may be.

[passwordnow]

If you're into short term, why have you to invest directly with NFT? There's  ethereum, that you can choose even good for short term.
It is because this the crypto that have the highest volume after Tether and bitcoin. You can also invest in bitcoin if you want to. It can also be as good as short term since the market trend is always changing a lot of times daily.

[Doell]

ethereum is the best choice but you can try Horizen also suitable for short term with minimum capital but remember to use analysis before you buy it ! you have to be active on the market to see the hot trend ,short term trading should be more focused and take some daily opportunities !

[isaac_clarke22]

~

Better put that capital on higher ranking coins rather than shit tokens that wouldn't even survive over the night. You could do NFTs on whatever the popular is right now. I won't shill any NFT games that you can throw your capital at, as I don't want you to blame me in the end that it you incurred losses, but there is a popular game that people seemed to play and earn a lot.

[Johnyz]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

Don’t rush yourself to buy better to take more time to analyze and know what project is worth to invest with. We can tell you to buy this or not but its not worth it if you don’t know what to do next or don’t know when to take profit. Just like my advice on every newbies, better to learn the process first before spending your capital to avoid any big losses, start learning now and try to look for more good projects on your own.

[Dave1]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

Hmm, mindset like this, 'get rich quick' will make you lose money in this market. Yes, there is this hype around NFT, but since you are inexperienced, it is not recommendable to invest on them because of the huge pump and dump scheme that are happening on the market.

If I'm in your shoes, it's better to invest on solid altcoins like Eth, BNB, ADA or Sol just to get a fell on how everything works. And then work your way up but investigating NFT (if that is what you really wanted to target).

[DarkDays]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

With the little cash that you say you have, I'd suggest going got normal investing in some alts like ETH which has been constantly volatile, enough to make a few dollars here and there. The same goes for the top 10-20 coins too. NFTs will probably not be the best way to start simply because the fees are so damn high.

Only just suggesting - up to you but try to be smart when investing. Remember, most people have their own agendas, so pick and choose advice carefully.

[tvplus006]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

Investing in cryptocurrency requires special knowledge and experience, otherwise you will lose your small capital. The safest way for a beginner is to buy old coins such as BTC и ETH. But this method also requires experience in order to sell coins in time and buy later at a lower price.

[RussianEnglishTranslation]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

You could buy a misfits NFT on NEAR for 10 $NEAR. It will be a 3d avatar for an upcoming metaverse.


I should add that a lot of farms are starting to add NFT functionality to their farms. I think OCP on BSC has NFT farms that give a farming bonus if you stake your NFT. I hear that may come to Ref Finance too, which would be cool. Alpaca has NFTs that will be used in their upcoming game and metaverse.

[moderator's note: consecutive posts merged]

[EmmaGod]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

I personally won't advise you to invest in NFT as it holds a higher degree of risk. Since you're starting with a little capital. It would be better to invest in established projects that have been successful in the industry rather than new projects without any track record. Going for Bitcoin and ethereum would be cool and you could earn from the volatility of the market.

[JeffBrad12]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

You should go to the metaverse token. You can still find a lot of chance to make decent money from there. I didn't say that if metaverse token was overvalued but otherwise metaverse tokens were totally undervalued at this moment. There are lots of metaverse token that has less than 1 billion market cap at this moment. The chance for these tokens to grow to more than 1 billion tokens was so high. The hype for defi and another project that focused on the NFT and protocol blockchain have gone. Metaverse was a good thing to be considered to make your investment increase. Some tokens like MANA, SAND, PYR, BLOK were good to be used as an investment for the long term. As long as it has less than 1 billion market cap and it's worth being used as a way to generate more money from the market. Do your own research coz this is also an important part to make sure you have been taking the decision by yourself.

[vv181]

Playing around with NFT for a short term basis in order to grab a quick buck is absurd, not that I disagree NFT won't have any potency, but, there is still a lot of uncertainty within the space, especially if you are into the money. Just because some people made a ton of money within it, doesn't mean you can jump in in the space and expect to make some money. Not to mention, NFT is not here to be as a store of value, in terms of prices. So, I believe NFT are out of option for you.

In regard to your question, you better to invest the token that has been established and battle-tested long enough. Of course, it must have some utilities within the fundamental of the project. About which token, well, you better do your diligence picking it.

[Yamifoud]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

Personally, it was good to choose NFT projects. Many of them become valuable these days especially for gaming platforms and in fact, many people are already investing (I think you've been late already).
The only thing I could suggest to you is that you never make yourselves in a hurry and never invest in a project/s that hasn't been known to the market and those projects that are in question in regards to its credibility and potentiality coz that somewhat it gives you a sad end.

[Coyster]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

Mind you that when you make enquiries such as this, users usually suggest to you the coins that they are actually hodling in a bid to pump it, thus you'd have to be very careful and do your own research about the coins that you want to invest in. I would have suggested you buy ethereum or Bitcoin, but they are both long term projects and you're looking for a short term Investment, thus lower altcoins are prolly your best option, it is definitely risky, but if you're spot on when to buy and when to take your ROI, then you could make profit.

[kidbounty]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

forget about NFT. This investment is very difficult for you who are new to the crypto market. The NFT market is 90% based on speculation and it is very difficult to predict. i suggest buying other coins, coins from big projects are much better than speculating on any of the NFTs out there. Solana, Polygon, Near protocol, Cardano, or shiba inu are much better for you.

[danherbias07]

I heard Axie investors will try to buy SLP (Axie currency) instead of just selling it. Rumor says there is always a chance for growth in the said coin.
It's not financial advice so try to also do your research or try reaching out with old players of this game.
These are one the good methods, buying in-game currencies of NFT's. I bought DPET (MyDefiPet currency) before at $0.4 piece and it sat at $5-8 when hyped, but is now back to $2.5 per piece.
Better try with NFT projects being created already and not with pre-sale as it has a higher risk for a rug pull.

[crzy]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

I've seen a lot of good NFTs to invest with but its too risky if you do this with limited knowledge about how cryptocurrency works. To make that capital more worth it, you should invest only on good projects and learn to analyze not just base on anyone speculation, its always better if you understand what you are doing. NFT and Metaverse are the next trend, start searching for a good project now.

[Jackl87]

I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas

You should be a little more specific what your goals are with your investment or what do you want to achieve with your investment. Are you investing money that you should not lose because you need it back sooner or later? Then my advice would be to invest into altcoin projects that are already big and established like Ethereum, Solana, Cosmos, Polkadot and so on. Are you investing money that you don't need anymore and you can easily lose it without having impact on your life and you want to risk more with your investment in the hope of a x10 or even more? Then i would choose new und upcoming projects but of course the risk of a total loss is way higher here.