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Author Topic: newbie invest  (Read 9861 times)
gunhell16
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October 16, 2022, 12:21:34 PM
 #481

If you ask me, maybe it would be better if you swap your 2 BNB to Matic, because the potential for you to earn a lot in Matic is higher if you hold it for 3 to 5 years from now.

But if you are a BNB enthusiast, even if you have 1 BNB, you can swap it with Matic (polygon) to have 1 BNB as well. My advice to you is that I'm not saying that BNB is a bad investment, that's not what I want to point out friend, BNB is also good, it's just that the chance that you'll earn more in Polygon is higher.

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TribalBob
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October 16, 2022, 01:49:42 PM
 #482

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

you just have to stay at bnb because bnb is a good coin for the future, even if you want to change the coins you have only to eth or bitcoin, there are no other suggestions beyond this, but you can reconsider the decision is yours in this case this

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October 16, 2022, 05:36:02 PM
 #483

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
you can sell your BNB for MATIC, because MATIC has better potential than BNB from what I get information out there of course you will get a bigger profit if you take MATIC at the current low price with another ATH goal later at $ 5 , so just giving advice that may be useful
I don’t want to compare both of coins about potentiality, because those two coins very strong fundamental within top 10 ranking coins. But i agreed with you, matic will be more profitable in the long run, because right now it’s good time to buy at very cheap price i think. And it’s highly possible to hit 5$ in the bull run.

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November 06, 2022, 08:34:40 AM
 #484

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

What is newbie with only 500$, which should I go for?
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November 11, 2022, 12:17:05 PM
 #485

As you are you have to be careful. And invest wisely. Since you have 2 BNB you can invest on few coins. Then you won't lose. Because investing on one coin is a loss. It is more likely to happen. I hope you understand.
There is no loss if you invest in one coin as long as you invest in a good coin that has strong fundamentals. But investing in a single coin is usually a little slow to get big profits because the price increase is sometimes not very significant. Therefore, you have to do your own research on the coins you want to invest in.

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November 11, 2022, 02:44:05 PM
 #486

it would be nice if you are a newbie maybe it's better to invest in top altcoins,
because in the top 100 altcoins you can be sure the altcoin fundamentals are good and there are no problems,
it's just that according to price you have to analyze it, because it's impossible for prices to always go up.
it would be better before doing that we have to study fundamentals as investors, of course, we know together the risks of investing in crypto, and we often get mental attacks, if we can't manage ourselves in this case, not a few people become stressed because the market is too volatile. After that, make sure in advance the funds to invest, whether for the long term or short term, indeed the top 100 altcoins are a good place to invest, but not a few of the top 100 and even the top 10 are losing money, so this is where you read the fundamentals and you have to be very careful about projects and ecosystems that an altcoin runs on. I think in a situation like this Bitcoin and Etherium become an alternative to invest in the long term.
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November 11, 2022, 03:10:19 PM
 #487

As you are you have to be careful. And invest wisely. Since you have 2 BNB you can invest on few coins. Then you won't lose. Because investing on one coin is a loss. It is more likely to happen. I hope you understand.
There is no loss if you invest in one coin as long as you invest in a good coin that has strong fundamentals. But investing in a single coin is usually a little slow to get big profits because the price increase is sometimes not very significant. Therefore, you have to do your own research on the coins you want to invest in.
Agree with that, if the investment goal is to get a quick profit, you should not focus on one coin so that you can have various profits on each coin invested.  Investing in one coin to be precise is only to be used as a long-term investment.

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November 11, 2022, 04:57:06 PM
 #488

I think BTC ETH are the best options. Now is a bear market and the perfect time to get in.
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November 12, 2022, 09:01:50 AM
 #489

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

For beginners, don't touch the altcoins, exchange the altcoins you currently have for bitcoins, this is the first step that must be done. The second step is to never go to the exchange for secondary market transactions. The third step is to deposit the bitcoin you exchanged into a decentralized wallet, and then copy your private key on a notebook you are familiar with and keep it well. Fourth, forget your bitcoins, read and learn more in the forum. Well, my opinion is this. not kidding. Because it's so hard to make money now and the economic situation is bad
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November 12, 2022, 12:58:54 PM
 #490

I think BTC ETH are the best options. Now is a bear market and the perfect time to get in.

Agreed, and as a newbie, it would be best to start in BTC and ETH. How long would you hold it, be mentally prepared for it, and keep reading the news from time to time so that you wouldn't be tempted to sell it early. Also, it is always the perfect time to buy bitcoin, as we know it has a future. I recommend reading some expert news and analysis, joining forums and visiting Wall Observer prices of bitcoin to see what others think about the current price of bitcoin.
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November 12, 2022, 07:03:29 PM
 #491

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
Shib coin price not well at this moment. You can buy some shib coin.  I hope, shib will pumm very closer.  Just wait and see!
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November 12, 2022, 07:17:18 PM
 #492

I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins

The answer is obviously... Altcoin Bitcoin BTC

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November 13, 2022, 02:56:30 AM
 #493

Stay at BNB to avoid risk, investing during the bear season is very rare to find new projects that are worthy of praise, usually difficult to develop because the market is not supportive.  now is the time to secure the assets we have and add to them by buying at low prices like today
Bear market have always favour those that have the skill to or the aid to make curious research about the coin that will pump when the bull start calling. Bull season might probably be next year, that's not predictable but it will definitely come and those of us that bought during the dip, would be smiling when everywhere start showing green long candles. That's the happiness of every trader and it's achieveable with enough backup research.

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November 13, 2022, 04:58:32 AM
 #494

Instead of buying and selling, standing in a coin in a fixed way will earn you more. The safest, as always, is bitcoin. You can wait by exchanging your coins to bitcoin. After Bitcoin, the coin I trust the most is ethereum. It might be a good idea to invest. When the bull market starts, you will have more dollars.

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November 13, 2022, 07:36:47 AM
 #495

Stay at BNB to avoid risk, investing during the bear season is very rare to find new projects that are worthy of praise, usually difficult to develop because the market is not supportive.  now is the time to secure the assets we have and add to them by buying at low prices like today
Bear market have always favour those that have the skill to or the aid to make curious research about the coin that will pump when the bull start calling. Bull season might probably be next year, that's not predictable but it will definitely come and those of us that bought during the dip, would be smiling when everywhere start showing green long candles. That's the happiness of every trader and it's achieveable with enough backup research.
in buying coins during a bearish season like this time, choosing the right coin will be psychological for novice investors. many of them still think conventionally, that they will easily double their money here. indeed to stick with BNB is a good choice, considering that BNB is a trusted altcoin to date, they have the largest exchange that most people use to carry out transaction activities

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November 15, 2022, 12:28:02 PM
 #496

Stay at BNB to avoid risk, investing during the bear season is very rare to find new projects that are worthy of praise, usually difficult to develop because the market is not supportive.  now is the time to secure the assets we have and add to them by buying at low prices like today
Bear market have always favour those that have the skill to or the aid to make curious research about the coin that will pump when the bull start calling. Bull season might probably be next year, that's not predictable but it will definitely come and those of us that bought during the dip, would be smiling when everywhere start showing green long candles. That's the happiness of every trader and it's achieveable with enough backup research.
in buying coins during a bearish season like this time, choosing the right coin will be psychological for novice investors. many of them still think conventionally, that they will easily double their money here. indeed to stick with BNB is a good choice, considering that BNB is a trusted altcoin to date, they have the largest exchange that most people use to carry out transaction activities

The market sentiments affects how investors and traders react and for sure there are many opinions in terms of picking the right project to invest your money, if you are wise enough even you are a newbie you will invest your time gathering more knowledge before stepping your foot inside the market, you can use a small portion of your capital to try how the business works and keep trying patterns that you learn and see it yourself if it's effective or not.

Along the way, crypto assets have both risk and potentials you need to assess and observe if which crypto asset to invest your money before you go and start your investment journey using bigger capital to stake.

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November 15, 2022, 02:41:44 PM
 #497

Instead of buying and selling, standing in a coin in a fixed way will earn you more. The safest, as always, is bitcoin. You can wait by exchanging your coins to bitcoin. After Bitcoin, the coin I trust the most is ethereum. It might be a good idea to invest. When the bull market starts, you will have more dollars.

I do agree with it, Bitcoin and Ethereum are highly recommendable for any investors who would want to start their journey in crypto world. But aside from those two given coins, Binance and Solana, and other leading altcoins are also decent and has been one of the most sought coins this year alone especially BNB as in the last couple of days, BNB still managed to rally, almost to the price of its recent ETH even if the market is not doing good. Many people are choosing it over ETH, but why would you have to choose if you can always acquire both said coins. I hope the OP retained his 2BNB though rather than selling it to acquire another one.

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November 15, 2022, 04:09:17 PM
 #498

Instead of buying and selling, standing in a coin in a fixed way will earn you more. The safest, as always, is bitcoin. You can wait by exchanging your coins to bitcoin. After Bitcoin, the coin I trust the most is ethereum. It might be a good idea to invest. When the bull market starts, you will have more dollars.
actually BNB is very good and it's not bad to hold, because we know that BNB has made a surprise with a significant increase in price compared to other altcoins. but changing to bitcoin and ethereum as you said is certainly something that can be done because indeed the two of them are currently the best and clearly have more advantages.
I would rather not just stick with what you have, but in a bear market like now, this is the right time to continue to add to the amount saved by continuing to pay in installments to buy it.

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November 16, 2022, 06:18:21 PM
 #499

I think BTC ETH are the best options. Now is a bear market and the perfect time to get in.
Agreed, and as a newbie, it would be best to start in BTC and ETH. How long would you hold it, be mentally prepared for it, and keep reading the news from time to time so that you wouldn't be tempted to sell it early. Also, it is always the perfect time to buy bitcoin, as we know it has a future. I recommend reading some expert news and analysis, joining forums and visiting Wall Observer prices of bitcoin to see what others think about the current price of bitcoin.
Actually, reading the news isn't good because it can make you anxious. If only all news are positive then it would be great but no. We also have bad news and that can greatly affect our decision to hodl. Btc and eth is a safe coin and they are proven already that they can recover so it's okay if you will leave it on your wallet and enjoy your life outside.

You can only come back after a couple of years to harvest your gains. Bnb is also a good coin just like btc and eth but I think it's better if we diversify our capital. The more the merrier as they said. It also allows you to cut risk and then possibly earn more income because other coins have different potentials.
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November 17, 2022, 03:48:51 AM
 #500

the classic rookie mistake of thinking you're too late for Bitcoin, leading you to focus on altcoins when in reality Bitcoin outperforms all of them in the long term. I did something similar in late 2013 when I thought just because I couldn't afford 1 full Bitcoin that I was late to the party.

as a starter Altcoin has a long history of disappointing overall in the long term. Second, it is a Binance coin and history has shown that exchanges are not always on top only invest in bitcoin, it is the most reliable.

You can also use several altcoins, but you have to be very careful when choosing an altcoin because some may not generate any profit, some may only generate a small profit, some may result in a loss. If opting for altcoins, let a bit of your portfolio be altcoins and earn 70% or more on bitcoins. Avoid new projects, it's a scam, look for better ones with high market cap on coinmarketcap.

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