Am I doing the right thing

[Tony116]

Well familiar with Avalanche and Mina, you should do your final analysis and decide on it. Whatever people say here is not what should be your final decision, you can only use it as a guide. And also don't invest in too many coins, remember to invest only what you can afford to lose.

Carry out your personal research or analysis will really help you to know when to invest right now, and where not to invest your money right now for you not to experience losses from your investment. I will advise you to choose Dogcoin for your investment in this bearish season, because Dogcoin is among the stable coins that can bring something good in the future. I think, Bitcoin and Dogcoin is good for you to invest in this season before you can include Ethereum in next year 2023, because Ethereum gas fee is too high in this season for investors to make a good profits from their investment.

Dogcoin? You are talking about the dogecoin meme. There is no guarantee that dogecoin's future will be bright, it is a meme coin not a stable coin.

In order to make sure that our investments are safe, we should put the majority of our money into bitcoin and ethereum. As for the remainder, we will be able to invest in any other coin as long as you do in-depth analysis and only invest when you are willing to lose.

[alan228]

To be successful in cryptocurrency market it is necessary to study and constanly monitor the market to find new prospective projects that will be useful in the future and new platforms like this https://my.ebinity.com/en/register

Now cryptocurrency market continue to rise but it is hard to say how long the rise of the market will continue.
The rise of the marekt attracts a lot of people and now many people are hoping that the rise will continue.

It is hard to say how long will be the rise of the market. May be it just was a correction and the rise will stop.
The economic situation in the world does not change.

[tbterryboy]

How can a newbie invest in good altcoins? I know about BTC and ETH but I think I can make more money from altcoins instead of BTC and ETH, I did my research and I have a few projects in mind but I don't know if they are worthy..

Avalanche, Mina protocol, Phala network and Aleph Zero to name a few

You can use a crypto exchange such as a binance and kuckoin. Currently these two are the biggest and the most popular crypto exchange so I think they are also the most user friendly. They can support fiat, debit cards and other payment methods which a newbie can have at the moment.

Once you bought the coin you like, you can store it in secure wallet like trust wallet and metamask where you hold your private keys if you are in for long term investing. A hardware wallet can also be better if you are dealing with bigger amounts. You shouldn't ignore btc and eth since the two are the giant crypto. This should be the base of your portfolio before you consider any other coins.

[el kaka22]

The ethereum that you have mentioned here is also an alternative cryptocurrency in the market, the original one is always Bitcoin. Any other cryptocurrency apart from Bitcoin is an altcoin. Avalanche that you have mentioned has been around for some time now, so it’s not a new project or token in the market. Mostly a lot of people do go for new projects, because that’s what would get you that much profit that you are looking for, but the chances are very low. So, you can make that decision for yourself whether you are ready to take that kind of risk.

If you are lucky you are really going to make a lot of profit from it. We can look at ShibaInu and the rest of them that Came out newly and how their prices skyrocketed, but after everything they still went down, and there are still a lot of them that never made it to the top and just crashed even before they started.

[Cairo_Finance]

To be successful in cryptocurrency market it is necessary to study and constanly monitor the market to find new prospective projects that will be useful in the future and new platforms like this https://my.ebinity.com/en/register

It is hard to say how long will be the rise of the market. May be it just was a correction and the rise will stop.
The economic situation in the world does not change.

The rise of the market attracts a lot of attention to digital assets. More and more people are interesting in cryptocurrencies and it attracts more attention to the possibilities it offers.

[len01]

-snip

-snip

-snip

You aren't going to get rich investing in Bitcoin now though unless it goes to 1 million dollars. It's much easier to get a 100x investing in promising microcap alts like Lamina1 and CNDL, and that is why people do it.

someone has their own goals when choosing crypto to be an investment asset, well, although right now i'm not rich when i only hold bitcoin before the bitcoin price dump to $200k. lol
if indeed you can get more than 100x profits and can get a profit of $ 1 million dollars from the altcoins you mention do it, if it is the best for you. good luck

[Yamifoud]

If you ever have done these things,
 * research
 * market analysis
 * gathering investment ideas
 * mentorship ( not in social media)

I guess, you are already doing great and you know what project is good to invest in. You will just see the positive output of your hard work in the future.
Buy Bitcoin or potential altcoins, Hold, and sell high - that is pretty easy, right?

[CryptoBuds]

-snip

It's their decision, and if they want to experience it, we should let them experience it. the coins OP mentioned are also potential altcoins and worth the investment. As long as the OP doesn't put all his eggs in one basket, knows how to divide his portfolio properly, he can still make a significant profit with the altcoin above.

but at least we as seniors here explain to beginners how big the risk is when investing in new altcoins and we can also give advice to the OP if you want to get the best and stable investment in bitcoin or ethereum.
even if he doesn't put all his money in the new altcoin project but if the project crashes and collapses, he will still lose some of his money.
maybe when he loses his money because of investing in a new project, it can be an experience for him not to repeat investing in new altcoins. but at least we can save newbies from losing more money and give advice for investing in bitcoin or ethereum

You aren't going to get rich investing in Bitcoin now though unless it goes to 1 million dollars. It's much easier to get a 100x investing in promising microcap alts like Lamina1 and CNDL, and that is why people do it.

I would like to know how many altcoins you invested in and did you get rich from them?, or did you just lose money because of them. The higher the return, the higher the risk, what can you prove that your 2 coins will help you x100 of your assets. What do you base your assertion on?

Bitcoin won't be like your shitcoins, it doesn't grow too fast but it's a guaranteed return that's safe for you to hold. If bitcoin can't go up in price and doesn't make profit for you then I assure you no shitcoin can help you xx assets.

[jhonjhon]

When investing in any alternative currency, you must be prepared to take a risk since you might either make a profit or suffer a significant loss. Before taking any action, it is crucial to perform your research and learn more about the markets and the projects you want to invest in. This includes learning more about tips and tactics. If you make a wise choice, I believe it will be better for you.

[Paul Pogba]

How can a newbie invest in good altcoins? I know about BTC and ETH but I think I can make more money from altcoins instead of BTC and ETH, I did my research and I have a few projects in mind but I don't know if they are worthy..

Avalanche, Mina protocol, Phala network and Aleph Zero to name a few

I think it's true, if we don't dare to try then we won't get any experience or lessons, any coins we buy of course have the same risk and profit opportunities, but I noticed these coins already have a strong community so after buying it will The next is to monitor the team and conditions in the market.

[virasisog]

When investing in any alternative currency, you must be prepared to take a risk since you might either make a profit or suffer a significant loss. Before taking any action, it is crucial to perform your research and learn more about the markets and the projects you want to invest in. This includes learning more about tips and tactics. If you make a wise choice, I believe it will be better for you.

It isn't always necessary to be brave enough to face the risks. Sometimes we have to listen to the views of professional traders and investors. Also, we should better check about the real capability of the coins that we trust. Some coins aren't worth risking and some coins are worth buying. We must always check their potential so we'll know if we're on the right track.

[cryptosru]

To be successful in cryptocurrency market it is necessary to study and constanly monitor the market to find new prospective projects that will be useful in the future and new platforms like this https://my.ebinity.com/en/register

The rise of the market attracts a lot of attention to digital assets. More and more people are interesting in cryptocurrencies and it attracts more attention to the possibilities it offers.

Now cryptocurrency market is very unstable and it is very hard to predict how long will be the rise of the market.
Cryptocurrency market depends on the economic situation in the world and it does not change.

[ScamViruS]

When investing in any alternative currency, you must be prepared to take a risk since you might either make a profit or suffer a significant loss. Before taking any action, it is crucial to perform your research and learn more about the markets and the projects you want to invest in. This includes learning more about tips and tactics. If you make a wise choice, I believe it will be better for you.

There are many investors who are not careful about the risk before investing in any coin in hopes of quick profit, which leads them to face huge losses. An investor has to be careful about various things before investing, thereby preparing in advance to take the right decision at the right time. Any future investment can be considered effective by learning from past mistakes. The market offers many opportunities and the investor who can exploit those opportunities can take profit if he can sell at the right time.

[Pelana vreo]

Avalance is on the list of top 100 coins and it looks good, you can see other blockchain projects on cmc.
if you want quick profits with short term investments you should look for projects that have liquidity under $10 million usd, from there you will make quick profits but be careful because some projects end in rugpull

[Defi_space]

To be successful in cryptocurrency market it is necessary to study and constanly monitor the market to find new prospective projects that will be useful in the future and new platforms like this https://my.ebinity.com/en/register

Now cryptocurrency market is very unstable and it is very hard to predict how long will be the rise of the market.
Cryptocurrency market depends on the economic situation in the world and it does not change.

The state of cryptocurrency market depends on the economic situation in the world.
The price of digital assets now continue to rise and it is hard to say how long the rise of the market will be.

[Angry_Kitty]

To be successful in cryptocurrency market it is necessary to study and constanly monitor the market to find new prospective projects that will be useful in the future and new platforms like this https://my.ebinity.com/en/register

The state of cryptocurrency market depends on the economic situation in the world.
The price of digital assets now continue to rise and it is hard to say how long the rise of the market will be.

Cryptocurrency market continue to rise and it attracts more attention to digital assets.
It attracts more attention to digital assets and more people pays attention to cryptocurrency.

[Gosgosking]

Don't be too desperate in making money from altcoins so that you don't go into investing the wrong coin, just take your time make some research about altcoins that are real and can bring good profit.  Right now ethereum is one of the good altcoins that has values in the market than any other coin, it is well trusted than any other altcoin.

[og kush420]

Don't be too desperate in making money from altcoins so that you don't go into investing the wrong coin, just take your time make some research about altcoins that are real and can bring good profit.  Right now ethereum is one of the good altcoins that has values in the market than any other coin, it is well trusted than any other altcoin.

I think OP should make a bit more of research before making investment. Otherwise if he loses money that will be very frustrating
Also if he wants to make an investment in real altcoins he would be needing a good amount money to buy the coin.
I wish Op makes a good decision.

[Cairo_Finance]

To be successful in cryptocurrency market it is necessary to study and constanly monitor the market to find new prospective projects that will be useful in the future and new platforms like this https://my.ebinity.com/en/register

Cryptocurrency market continue to rise and it attracts more attention to digital assets.
It attracts more attention to digital assets and more people pays attention to cryptocurrency.

It is hard to say how long the rise of the market will continue because the economic situation in the world does not change.
Now a lot of cryptocurrency projects appear and it is important to evaluate their potential.

[yohananaomi]

Avalance is on the list of top 100 coins and it looks good, you can see other blockchain projects on cmc.
if you want quick profits with short term investments you should look for projects that have liquidity under $10 million usd, from there you will make quick profits but be careful because some projects end in rugpull

in a situation like this it is clear that many new projects are looking for profit and will do anything to get more investors to invest their funds there, but it is very difficult to avoid what you say that there will be a rugpull. there is no guarantee that such behavior can be avoided because the situation is indeed possible and continues to occur and is repeated by irresponsible people.

I am more inclined and preferable to those who are already registered with CMC (as you said) and have a good reputation so far, even then I can't guarantee if you don't analyze well, so if you want to be safe, you should only invest at the best rank in CMC, it will guarantee.