which token should I use for my investment ?

[RussianEnglishTranslation]

Hello, Dear

Can anyone tell me which token should I use for my investment which will give me profit in a short time as I am investing for the first time?

Thank You,

 

You need short term profits? Look for new projects that are about to launch or existing projects that have news or product launches. 0xMR for example just launched their mixer 0xTIP and should pump. Plus they hired some Tik Tok marketers. ICP is about to integrate BTC and Ethereum on their chain, which negates the need for cross chain bridges and prevents hacks.

[Wildwest]

To invest short-term at this time of course, it is very difficult to choose tokens for us to hold, and not all tokens that we hold can get a profit because the movement of a coin can always change and is not as we expected, so to invest in the short term just wait when all coins have begun to increase, especially bitcoin, then at that time short-term investing can always give us satisfactory results.

[WeedGoW]

The usual mistake newbies make is thinking of making profits in the shortest time of Investment. We keep wondering why people still lose money in Investment, because they refuse to do what is needed first, understanding the system, market, and the project they intend to invest in rather than looking at making profits leading to investing in the wrong projects because people said so. Invest in the top 5 coins (Not stablecoins) and Hodl till the next ATH 

That was a common mistake not just for newbies but for veterans too. Always look at the short-term profit of being dictated by it. Because of that, I saw both newbies and veterans need to understand a good project can't turn into 10x right away aka short term but require a serious time of dev work and community growth to hit that. The younger tokens/alts were the higher amount of those works it required.

[KellyHands]

Hello, Dear

Can anyone tell me which token should I use for my investment which will give me profit in a short time as I am investing for the first time?

Thank You,

 

It depends on what you want and how much profit that you're looking at. You can get profits in a short period of time when you stake some altcoin on cryptocurrency exchange or staking platforms. The profit most times is meagre, but it's less risky. The truth is that investment in the market comes with some extent of risk and from my little understanding of portfolio management, risk and returns is directly related, so if you want more returns, you should be willing to take more risks and vice versa.

Secondly, there's a notion that the cryptocurrency industry is volatile in nature which means that one could benefit from the volatility and make some earnings from buying at lesser price and selling when the value is higher. You can take advantage of the dwindling prices of Bitcoin and other cryptocurrencies. Buy and wait for the value to increase. With that you can earn,though you may have to wait for a while. If you're considering the option of buying and selling when the value is higher. Then I'll advise you buy bitcoin or altcoin with good market capitalisation to avoid storing shit coin that may never increase in value

[|MINER|]

~snip~

If you don't know anything about trading then get some knowledge about it .  Know how to analysis and read the candle then if you wanna do short term trading here you can choose bitcoin  and for altcoin you can choose Etherium, BNB, LTC, Matic these are secured coin for investment. I think it is possible to gain good profit by day trading by looking at the candles

[harizen]

Can anyone tell me which token should I use for my investment which will give me profit in a short time as I am investing for the first time?

Profit will depend on your actions. Since you want to expect a short-term profit, then you have to be active in day trading.

Which token? That was a tough question. Even though we named some here, we don't have different types of approaches regarding our investment. We might be successful in dealing with a specific coin but it doesn't mean we will have the same result.

For me, just stick to a single coin for the moment until you are used to testing the waters. You can start with bitcoin and start learning how trading works.

[koang]

~ ~ ~

if since the beginning we decided how much money we accept to lose i think its good start for us to invest. we can pick any coins that suitable with our risk management, maybe taking new coins or maybe buying major caps in market such as bnb eth or btc. alot strategy to earn money as long as we also ready to lose our money. by following trend that happening in market we should not have difficulties to get it.

Yep, Never invest more than you can lose

Using a small amount of capital for growth is a good choice.
Many people will stop with crypto in this bear market, we have to see the opportunity. Quitters never win
And if we still have the opportunity to buy BTC or even Altcoins  then we should jump ape on them for more income
Of course, I buy and diversify strategically, and analysis is a serious business

[lalabotax]

I don't recommended with Future trading as best option because I have been quit there and right now off totally on future, just active with spot trading because I faced bad thing with future trading. I use lev 10x but can't keep away from liquid and make me greedy when entry on future trading. Almost all future trading showed when their got profit only and keep hidden with how many time losing and get notification liquidation email, I don't believe although with paid signal on future trading always get profit.

You have made the right decision to stop futures due to high risk of loss, I am also experienced in futures but I have no basis for reading charts properly and I will definitely not trust paid signals as they are useless for futures, so I am back for trading spot.

Exactly, moreover, if they are newbies, this is a holly risk for newbies to try future trading, moreover without good analysis and strategy. It needs more knowledge, trial, and error, and maybe it will be good enough if they have been learning in the trial mode. But, not all exchanges will provide this.

Btw, for OP, why should invest in a new token? I think that investing in old projects will be a little bit safer in the short or long term. You can choose the top crypto, including Bitcoin and also top altcoins. But, if you are going for the short term, this may need certain patience because the market is sometimes surprising and will probably drive you to panic.

[NewRanger]

~snip~

If you don't know anything about trading then get some knowledge about it .  Know how to analysis and read the candle then if you wanna do short term trading here you can choose bitcoin  and for altcoin you can choose Etherium, BNB, LTC, Matic these are secured coin for investment. I think it is possible to gain good profit by day trading by looking at the candles

trading knowledge was important to us, financial market give us alot opportunity to be rich man in short time. Crypto market maybe be best place to invest our money and major caps such bnb eth or matic was good layer 2 chain which have huge ecosystem to create demand. Ethereum merge that will happen on sept will bring poaitive impact to other altcoin maybe eth ne trigger for altcoin season

[Ararbermas]

Hello, Dear

Can anyone tell me which token should I use for my investment which will give me profit in a short time as I am investing for the first time?

Thank You,

 

it's your first time but you want to make quick profits? Well unfortunately that's not easy mate because it requires skills and knowledge before you can get easy profits in just a short period of time. Infact even some traders or investors that already have skills still not good in such method and they still losing in it because of being so unpredictable of the market. So how about you?  better to educate your self first and practice your skills , if you really want short term then learn how it works and what skills you need for it to become successful.  Dont be so hasty mate!

[asriloni]

Currently most altcoins are tokens, according to research more than 85% are tokens and ERC20 is the largest token because if totaled, the market capitalization can reach more than 50%, of course there are many choices for us to choose but I recommend investing in tokens that have a reputation strong like Trustwalet, Brave wallet, etc.

I don't even think so. The token like trust wallet already in its higher price. Im thinking about investing in another token other than wallet token was a good choice. It's caused by as OP said in his thread if he wants fast profit from what he has invested and so investing in the trust wallet token or another wallet token may not give a short term return for him. A few percents might be good but it seems like he was looking for more.

[len01]

Currently most altcoins are tokens, according to research more than 85% are tokens and ERC20 is the largest token because if totaled, the market capitalization can reach more than 50%, of course there are many choices for us to choose but I recommend investing in tokens that have a reputation strong like Trustwalet, Brave wallet, etc.

like the altcoins you mentioned, you may not be able to profit quickly when the market is bearish like this. because what the OP meant was to want to invest in some altcoins and get a quick profit.
and i think it's better to think of ethereum as the number 1 altcoin to invest in in order to get stable and better profits compared to altcoins when the market is bearish.
i'm not saying other altcoins are not good, but indeed the market is currently experiencing a sideway that is very difficult to predict.
maybe altcoins other than ethereum can provide faster and bigger profits than ethereum but the risk is also higher

[trendcoin]

...

Of course, you should prefer coins with a future such as Bitcoin and Ethereum. If you open the historical page of Coinmarketcap and try to take a look at the past dates, you can easily understand why I gave such a recommendation. I wish you good luck. Also, I recommend being wary of shit tokens.

[bonyaserg]

In order to understand where to invest and what coins to buy, you need to fully study the situation in the cryptocurrency market. And the most correct advice that I can give you is that you need to study everything and analyze the situation in the crypto industry yourself. Since no one will tell you what to buy and where to invest. For one reason, there are a lot of people who simply do not know where to invest and just invest at random. So now think and decide where you will invest.

[Minecache]

...

Of course, you should prefer coins with a future such as Bitcoin and Ethereum. If you open the historical page of Coinmarketcap and try to take a look at the past dates, you can easily understand why I gave such a recommendation. I wish you good luck. Also, I recommend being wary of shit tokens.

He is looking for a token to profit in short time you mentioned bitcoin and ethereum. Bitcoin and ethereum are 2 coins that are only suitable for long-term holding and will not be able to generate profits in the short term.

What he is looking for are shitcoins and only they can make him money fast, he can invest in shitcoins as long as he can accept the risk they bring to him.

[Farma]

Of course, you should prefer coins with a future such as Bitcoin and Ethereum. If you open the historical page of Coinmarketcap and try to take a look at the past dates, you can easily understand why I gave such a recommendation. I wish you good luck. Also, I recommend being wary of shit tokens.

bitcoin and ethereum are proper coins. if someone wants to invest in crypto, but they are confused with the current crypto, then the right choice is bitcoin or ethereum, or it can be both. however, these two coins have always been the benchmark for other coins to develop. I'm pretty sure, if there is a rapid development of crypto, then bitcoin and ethereum are the first coins to be pumped and highlighted. however, you can choose another investment by doing some deep research. however, the two coins will always be a recommendation.

[Lambe Ndumble]

In my opinion, BSC -based tokens are the best because transaction costs or swaps are very cheap, besides that the transaction speed factor is also an important consideration that the BSC network is currently the main choice of developers compared to other networks.

[lixer]

Without some amount of skill and knowledge it is impossible to discern if the advice that we are being given is any good or not, and by the time we can tell if what we are being told is good advice or not then we do not need the advice anymore as now we are perfectly able to find opportunities in the markets on our own, it is paradoxical but that is the truth and almost all of those which ask similar questions simply do not have what it takes to trade the markets and they know it, which is why they think they can take a shortcut and make profits that way.

Maybe you shouldn't take any advice at all then, if you want time, then the best thing to do would be making sure that you are looking into the things, and if you personally are looking into it, then you would be able to have all the time in the world.

I know I have taken over 6 months to take a look at a project before I got in once, I usually do not take that long but I wanted to see how they really are and every movement they made, and that usually ends with me not being that much shocked with anything, but I was and that resulted with me realizing that they are actually legit, I thought they weren't and that’s the point here, and not really saying it was a bad idea, because I could have been early, but I still think it was decent enough.

[Renampun]

Currently most altcoins are tokens, according to research more than 85% are tokens and ERC20 is the largest token because if totaled, the market capitalization can reach more than 50%, of course there are many choices for us to choose but I recommend investing in tokens that have a reputation strong like Trustwalet, Brave wallet, etc.

trust wallet token and BAT (brave wallet token) are good recommendations...

trust wallet is one of the crypto wallets that 90% of crypto users all over the world own, besides that brave also must have a lot of amazing users out there so that for the future the two tokens are really promising. I also want to add safepal as a recommendation, what I see safepal wallet has an incredibly large number of users too.

[kamvreto]

In my opinion, BSC -based tokens are the best because transaction costs or swaps are very cheap, besides that the transaction speed factor is also an important consideration that the BSC network is currently the main choice of developers compared to other networks.

are you sure about your opinion? BSC does have low transaction fees, but Polygon is also cheaper. There are a lot of tokens on the BSC network and more scam tokens. so it cannot be a benchmark that tokens on the BSC network are the best choice. Currently, there are many networks other than BSC that have been developed and at a lower cost.
You should take a look at some coin lists at https://coinmarketcap.com/ or https://www.coingecko.com/ to see the top coins rank and have better progress.