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Author Topic: Which Altcoin is good to invest in right into?  (Read 2194 times)
Fundamentals Of
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May 16, 2022, 07:09:05 AM
 #41

Since the question in the OP is different from the question in the title, the answer to the OP is different from the answer to the title.

To the OP, I would say Bitcoin. There is no other coin that is better than Bitcoin in terms features and decentralization, which is what crypto should be all about. Therefore, Bitcoin should be the most promising coin and the best investment choice.

To the title, I would always recommend those coins which have already proven their worth in the market, those coins that have been there for a long time. New coins may seem promising but it only takes a strong bear market, a bad development team decision, or a single technical problem for them to succumb. Old coins like Ethereum (ETH) and Litecoin (LTC) are some of the best altcoins. They’re old and gold.
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May 16, 2022, 08:43:36 AM
 #42

What do you think is the most promising coin right now for investment?
Ethereum and BNB. By having those two coins plus bitcoin, I think that is enough for you to make a profit in the future, especially if the market situation can change into a bull market. You do not have to invest in the other coins besides those two coins because I think those two coins are good to invest in. But in the crypto market, there is always a surprise to see one or more altcoins can increase because those coins have good progress so people see that project is promising. But be carefully selecting the coin because we never know which altcoin can survive.

For current market conditions, only ETH and BNB are the safest to buy, because they both have a trusted development team. So it is impossible
for the development team of the two altcoins to destroy their reputation that has been built in the long term. Therefore ETH and BNB will recover
if Bitcoin price starts to bullish, but in a bad market condition like now we still shouldn't forget to invest in Bitcoin too. Because Bitcoin is indeed
the safest coin to buy when the market crashes. So the capital we have can be used to buy 50% Bitcoin, and 50% can be bought altcoins.
But remember after buying BTC, ETH and BNB we have to hold the three coins until the market returns to a bullish trend. But if it turns out that
the price is falling, we must not panic and must remain patient holding the coins. Because after all, we really can't expect instant profits when
investing in crypto, it takes patience to wait for the market to be bullish and after that we can take profit.

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May 16, 2022, 09:14:00 AM
 #43

What do you think is the most promising coin right now for investment?
I'm not sure you have enough confidence in this market. But in my experience, finding a formula that brings good profits will also have many ways of looking at it, and sometimes it makes us wonder and think and then be influenced by the market's emotions. One of the things that Ilearned when participating in this space is that I always prioritize my own experience and rarely listen to advice from people around me. It's very profitable for me. It is less about following the crowd and building a long-term plan to do it, and holding BTC is one of those lessons that I truly believe in balancing risk and return. Of course, now we can also see a lot of good altcoins, but still keep your opinion that you should think about the risks and rewards when participating, and improve your knowledge about the possibilities. Evaluate them as well as be willing to spend money to get more comfortable in the investment process.

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May 16, 2022, 09:32:44 AM
 #44

What do you think is the most promising coin right now for investment?
Bitcoin indeed and always.

But I understand where you are coming from, still the answer is very simple and always in front of you, even when you are searching frantically for it. While several other people might tell you that this and that altcoin will be the next big thing, the truth is nobody know for sure that an altcoin would be able to compete with that bitcoin has already done these 12 years. Hence it has been stress tested and time tested.

You will even get a discounted price if you buy bitcoin at these lows, or you can wait for an even lower price.

 
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May 16, 2022, 09:54:58 AM
 #45

What do you think is the most promising coin right now for investment?
If that coin is altcoin, then I suggest you to DYOR because we will have different coins to invest in. But I recommend you to take a look at ETH and BNB since those coins are at the top position on the altcoin list. But many other altcoins can be your investment because we do not know what altcoins can rise later and we can only guess. Many of us suggest you have BTC, ETH, and BNB because this is the best investment that you should have, especially having bitcoin on your list. But you should research as I say to find the coins.

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May 16, 2022, 11:37:53 AM
 #46

ETH, SOL, BNB, ADA...
They are among the top 10 altcoins and probably the most recommended altcoin to invest in. I don't recommend new projects nor to look at the bottom and I don't consider the price really matter that we need to invest in those coins that are too cheap instead, we have to look for the potential. It was indeed the price of these coins are a little bit high but the risk is less compared to the others.

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May 16, 2022, 12:13:14 PM
 #47

I myself am not too brave to make predictions about the best investment coins by looking at current or future conditions, although this is the right time to start because the market is still giving discount prices. there are so many variables that go into the ups and downs of a particular coin/token, but in the end, the market will decide.

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May 16, 2022, 12:23:55 PM
 #48

At this point, its way difficult to predict which coin would be jumping back to their previous ATH or even to the break even points! I mean one might say its good opportunity to buy at this point and earn big loads of profits since they are very low in value and would jump up easily, however this may fail in case of Altcoins.

I assume you want to buy them because they look very cheap and right to the point as compared to the bitcoin. However, its also important to check whether they have proper economical model or not. Many times devs will leave the project unattended once they are in loss. So be careful and mostly go for bitcoin.

If you still think you want Altcoins anyways, then just go for those coins which mined and has limited circulations. Will help in the long term projection. 
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May 16, 2022, 12:42:41 PM
 #49

What do you think is the most promising coin right now for investment?
If you will invest into one altcoin only, it would be Ethereum.
If 3, ETH, BNB and DOT.

There are many altcoins to choose from TBH but I'd rather go for a slower but less riskier strategy than thinking of a short term and having a higher chance of losing your money. Pick the top altcoins if you are conservative but if you are aggressive and you can lose your money if things don't go your way then go for the lower market cap altcoins or maybe some meme coins if you want to.

 
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May 16, 2022, 02:26:48 PM
 #50

What do you think is the most promising coin right now for investment?
Ethereum and BNB. By having those two coins plus bitcoin, I think that is enough for you to make a profit in the future, especially if the market situation can change into a bull market. You do not have to invest in the other coins besides those two coins because I think those two coins are good to invest in. But in the crypto market, there is always a surprise to see one or more altcoins can increase because those coins have good progress so people see that project is promising. But be carefully selecting the coin because we never know which altcoin can survive.

For current market conditions, only ETH and BNB are the safest to buy, because they both have a trusted development team. So it is impossible
for the development team of the two altcoins to destroy their reputation that has been built in the long term. Therefore ETH and BNB will recover
if Bitcoin price starts to bullish, but in a bad market condition like now we still shouldn't forget to invest in Bitcoin too. Because Bitcoin is indeed
the safest coin to buy when the market crashes. So the capital we have can be used to buy 50% Bitcoin, and 50% can be bought altcoins.
But remember after buying BTC, ETH and BNB we have to hold the three coins until the market returns to a bullish trend. But if it turns out that
the price is falling, we must not panic and must remain patient holding the coins. Because after all, we really can't expect instant profits when
investing in crypto, it takes patience to wait for the market to be bullish and after that we can take profit.

The market is still in bad shape and what happened to luna taught us a big lesson, not every potential coin or top 10 on CMC is safe, will recover when the bull market comes and make a profit.

After Luna's crash, I mostly only believe in bitcoin, ethereum and bnb, even though the market dropped a lot but I only dared to buy the 3 coins I mentioned. All the rest are now very cheap compared to the original ATH but I can't risk buying them.

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May 16, 2022, 02:40:41 PM
 #51

What do you think is the most promising coin right now for investment?
The right investment is also to choose the right coins to keep with.
But because of the number of shitcoins that exist in the market, it makes us, some people made a hard decision about which are really good coins. Perhaps, it wasn't really hard if we spend time searching and getting familiar with the market.
 * market potential - that we know it will survive in the long run
 * price trend - being notice how it recover during the bear season
 * backup exchanges - being listed to big exchanges is ideal
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May 16, 2022, 02:48:44 PM
 #52


The market is still in bad shape and what happened to luna taught us a big lesson, not every potential coin or top 10 on CMC is safe, will recover when the bull market comes and make a profit.

After Luna's crash, I mostly only believe in bitcoin, ethereum and bnb, even though the market dropped a lot but I only dared to buy the 3 coins I mentioned. All the rest are now very cheap compared to the original ATH but I can't risk buying them.
This is where most of the cryptocurrency users fail, because with the failure of a single altcoin we shouldn't come to such a conclusion. The market is running on the trust, so these are part of the market. Even with the top cryptocurrencies like bitcoin we have experienced hacks that result in crash. Ethereum once experienced freeze of funds. So, technical elements fail and for the same we shouldn't be conclusive.

Believing in bitcoin, ethereum and BNB is good. Even with these investments we've got risks and we should understand. If someone have ignored bitcoin and ethereum in the past, the market would've never been this big now.

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May 16, 2022, 06:26:53 PM
 #53

What do you think is the most promising coin right now for investment?

It is not a good option to buy while the market is crashing. If you still want to buy something, the best choice in such periods will be major altcoins. In this way, you can minimize your risk. I wish you good luck.

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May 16, 2022, 06:31:39 PM
 #54

usdc  Kiss
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May 16, 2022, 08:27:07 PM
 #55

i am trying to buy NFT project that will do alot developtment in their roadmap it could be trigger for price movement. bitcoin price maybe already bottom,it touch around $25k in few days ago and accumulating good altcoin will start now. Beside btc and eth as main investment we could find another project that have potential for long term investment,maybe GMT PYR could be my choice
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May 16, 2022, 08:34:56 PM
 #56

What do you think is the most promising coin right now for investment?

It's really hard to choose a project whose price will definitely increase. Especially in a situation where the entire cryptocurrency market is in a downward trend.
In my opinion, it is safest to invest in projects that are completely new, i.e. their price is so low, that there is simply no way to fall.
I think that this new memecoin is a very interesting project - www.pussdao.com

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jeha2015
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May 16, 2022, 09:50:10 PM
 #57

I myself am not too brave to make predictions about the best investment coins by looking at current or future conditions, although this is the right time to start because the market is still giving discount prices. there are so many variables that go into the ups and downs of a particular coin/token, but in the end, the market will decide.
even good coins could rug while manipulation happen , current condition could not guarantee what will happen next. market move dinamicly and every second could changes, there are alot fundamental which is influence market condition and unfortunately whales play it.

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May 16, 2022, 09:56:03 PM
 #58

Seriously Market have been down, all  coins are down including bitcon, if you are investing in any coin, I will advise you to invest in bitcon and if you are investing, make sure its a long term investment. Bitcon is the best coin which I can recommend for you but if you still prefer altcoins then I will advise you to invest in Ethereum or Binance coin(BNB), but if you are investing in any coin now always make sure its long term investment because it might take time before coins will bounce back again.

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NewRanger
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May 16, 2022, 10:20:25 PM
 #59

What do you think is the most promising coin right now for investment?

It is not a good option to buy while the market is crashing. If you still want to buy something, the best choice in such periods will be major altcoins. In this way, you can minimize your risk. I wish you good luck.
most cryptocurrency price now in dip and create new low, with this technical price buying some potential altcoin and hold it for long term will give us good return. dont be panic looking market crash, take it as good chance to get low price.

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May 16, 2022, 10:40:16 PM
 #60

I think ethereum and BNB are one of the biggest altcoins can think of going for long-term investment,  this coins are reliable to invest on . They are profitable coins for investment that comes with good profits. Still make your research to know what you want to invest on.

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