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Author Topic: Which is currently the best crypto to invest in?  (Read 1994 times)
Mimiklinton (OP)
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February 20, 2023, 04:31:21 PM
 #1

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.
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February 20, 2023, 04:42:12 PM
 #2

I will advice you to invest in bitcoin. Do not be disappointed if you invest and you see any decrement, you should not sell but continue to invest. We all still know that it is definitely coming that bitcoin will reach a very high price again.

If you want to invest on altcoins, you need to be careful because many of them have increased this time, any little fall on bitcoin will be a great fall on altcoins. Do more reach if you want to invest on altcoins, but I will advice you to invest in bitcoin.

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February 20, 2023, 04:47:37 PM
 #3

If you really don't want to do the research yourself, then just still with good 'ol bitcoin.

But seriously — 95% of people are just better off sticking to bitcoin. Yes, you could potentially be earning more if you pick the right altcoins, but you're better off just getting a job or starting a business in my opinion.

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February 20, 2023, 06:14:35 PM
 #4

I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment...
They were lucky, there is  no assurance of having a good life because you invested in cryptocurrency, as a matter of fact your life can get worse with a wrong choice of investment in cryptocurrency. For that purpose, to reduce the chances that your investment is lost and give you a level of assurance when investing in cryptocurrency, invest in bitcoins.

Do not have the idea that it is just because you are on a forum about bitcoin is why it is being endorsed, that is not the complete reason, it is also very much because it has been researched and tested and it still remains trusted.

Create a plan and keep investing in bitcoins.

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Crypt0Gore
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February 20, 2023, 06:46:46 PM
 #5

Bitcoin is the best crypto for newbies, but if you are ready for deep research and learning you can go for altcoins, mind you, altcoins are not as safe as Bitcoin but altcoins have the potential to 30x or even 100x your money, you can only pull this off successfully if you do good research on projects that are very useful as we speak. Many altcoins are scam but few stands out to be the best, like Polygon and Binance coin (BNB).

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JamesBorn
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February 20, 2023, 06:48:05 PM
 #6

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.

I suggest you take your time to learn first since your not in any competition with those who have make it through crypto currency. Everybody have their appropriate time of investing on there self, now that you realizes you need to do needful of investing or trading on cryptocurrency is a good step but don't do it because others are succeeding.

You said you need a good knowledge, the only ways to learn fast is through books, journals, Newsline, mentorship and imitating principles. When you have had a wide range of ideas of what crypto is all about, you can cravingly indulge on it yourself. Knowledge is good but application of it is better says Mike Murdock. So I urge you to do reading.

As for which crypto currency to invest in bitcoin is best but altcoins too are OK, is just that the moves of bitcoin directly or indirectly influence the price movement charts of altcoins but if you have a enough money you can split your investment but learn the secret first to avoid losses.
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February 20, 2023, 06:54:23 PM
Merited by Pandu Geddon (3)
 #7

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.

First, don't be easily tempted by hearing or seeing other people's success in the crypto world.
In fact, many people also experience losses in this crypto world, either because of their own mistakes or even being hacked.
Remember to set goals and do your own research before investing and don't just buy.
Investing by buying crypto is certainly not as easy as just buying it and then getting a profit.
You will be faced with various risks, so learn as much as possible before you decide to buy crypto.

If you ask, of course I think Bitcoin is still the first choice if you want to invest by buying crypto.
If you want to buy crypto maybe you should set up a wallet according to the device you have to store your assets.
This sticky thread might be able to help you decide which wallet suits you [General] Bitcoin Wallets - Which, what, why?
But please remember that investment advice from other people sometimes may not be suitable, macth or successful for you.
Because many factors influence the success of investing and it all depends on your own efforts.
No one is responsible for your investment other than yourself.
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February 20, 2023, 07:19:26 PM
Last edit: February 20, 2023, 07:48:05 PM by Upgrade00
 #8

If you really don't want to do the research yourself, then just still with good 'ol bitcoin.
If they do chose to blindly go into Bitcoin, they would still need to research how it works and how best to secure themselves. To avoid talking victim of scams or making some costly mistake that costs them their stash.

An investor who doesn't know how to research and learn things for themselves is soon parted with their money.

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February 20, 2023, 07:27:24 PM
Last edit: February 22, 2023, 02:32:45 AM by aseev
Merited by LTU_btc (1)
 #9

Asking which cryptocurrency is superior on BitcoinTalk is like asking a cat whether the best food is fish, bananas, or noodles.

Joking aside, if you don't know what to invest in, you may want to hold off and spend some time learning. Before investing in ANYTHING, you should understand how your investments will be making you money or why they would appreciate in value.

That's how people who invest blindly, hoping that somebody else will want to pay more for their tokens later get robbed of their money - this is the best token, it will be worth a million. Why?

Design Services (https://bitcointalk.org/index.php?topic=5438309)
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February 20, 2023, 07:50:33 PM
 #10

Bitcoin is the best crypto for newbies,

Bitcoin is the best crypto, period. Show me a cryptocurrency that is better than bitcoin, I'm really curious what you can come up with.
Quote
altcoins are not as safe as Bitcoin but altcoins have the potential to 30x or even 100x your money,
They also have the potential to zero your investment, which is something bitcoin will not do.

Altcoin won't go 30x without bitcoin leading the way. If bitcoin falls they'll fall, but it doesn't mean they won't fall if bitcoin goes up.
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February 20, 2023, 08:49:19 PM
 #11

I will be boring and suggest you to invest into Bitcoin. Or better don't invest at all if you have no idea what you're doing.
Investing into altcoins without zero knowledge is just wasting your money. C'mon, I'm myself with quite decent experience in crypto, I struggle with altcoin investments, how can suggest something. It's your money, you should make your own research and take responsibilitt, instead of asking financial advices from random strangers.
And when it comes to investing into Bitcoin, you also shouldn't do it blindly. You have to know what you're doing.

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February 20, 2023, 10:11:42 PM
 #12

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.
What are you saying, you are an enthusiast of Crypto and you are still asking of which of the crypto to invest? That is not possible. Even though you were not constant and you were crypto enthusiast, you would have known the best crypto to deal with. Okay let me ask you simple question. When you were the enthusiast, which of the crypto were you using? Was it Ethereum or bitcoin? Since you don't know again which one to go I will ask you to use Ethereum. But if love bitcoin then you can invest in it. Or you can invest on all the Cryptocurrencies to taste them and to Know more about them so that you will have a good knowledge about all of them. Bitcoin is the best.

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Sandra_hakeem
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February 20, 2023, 10:31:48 PM
 #13

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.
...and how in God's name are you in a Bitcoin forum, asking for the best cryptocurrency to invest in?? I mean....I thought you knew the reasons why you got registered in here at first?..and you prolly learnt alot already behind closed doors?..      shrugs.
Bitcoin is preferable for now until whenever. I don't even think there's gonna be a time that forked coin would get a better scalability than BTC, I doubt. Secondly, hope you've known the basics of investing in Bitcoin already? Cus that's actually very imperative. Now if you've had more that 20 Ops suggesting the same BTC, I think you should atleast be partly convinced?

Sandra 🧑‍🦰

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February 20, 2023, 11:25:14 PM
 #14

Without any doubt, I will suggest you invest in bitcoin. If you have a budget for investing in crypto, plan it for a long time. The longer you hold the bitcoin, the more benefits you will get from your investment.

You may have to avoid investing in altcoins if you are new to crypto and don't have prior knowledge about altcoins. Also, you don't know much about the altcoin market. Though some coins give huge returns to their investors, there is no guarantee that they will do the same. Because these coins are controlled by their respective authority, they will do whatever pleases them. So it is best to avoid altcoins and focus on bitcoin with your money.
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February 21, 2023, 07:54:01 AM
 #15

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,

if you hear of someone who has succeeded in crypto, you should also know how hard that person struggled to remain consistent in his belief in crypto, so that the tree (trust) he planted bears the fruit of success now.

as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.

I'm not saying that most altcoins are bad but bitcoin is the safest investment for beginners, especially for those who have a habit of going in-out of the crypto world. you can try to buy bitcoin in installments every month because believe me, bitcoin will create new ATh in the next few years and the bitcoin investment you make will definitely give you big profits.


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February 21, 2023, 08:59:06 AM
 #16

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.
If you mean in house and those fund manager who offers a monthly fixed income on crypto then leave it. They are trying to scam money from you. Why not learn on crypto on your own. Use the time and dont rely on people with your hard earned money. At least if you loss then its you who used your money than random anyone who just gonna screw it.

But if you are really wanted without much knowledge only buy bitcoin. At least this is far more safer than any altcoins out there.

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February 21, 2023, 09:41:49 AM
 #17

Anyone looking for advice on investing, new or old, I would definitely recommend investing in Bitcoin. Bitcoin is the best and best coin to invest. But to invest must consider the market situation. Investing cannot be done based on any market situation, if you want to invest, you must do market analysis. Although the investment is risky, you will always follow Bitcoin to invest. Beware of investing in altcoins. I think investing in altcoins is very risky.

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February 21, 2023, 09:51:01 AM
 #18

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.
I think there are many coins with good potential, but I'll never think their is any coin can be compare to Bitcoin, so if I had to give you advice based on my own research, I'd say go with Bitcoin. However, it would be advantageous if you could conduct your own research as well, as each investor has a different motivation for buying coins. For example, I've heard some people claim that Bitcoin doesn't generate as much profit as other forms of coins investment. Some  altcoins are also worthwhile, but I won't ever advise anyone to invest in one because I don't.

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February 21, 2023, 10:35:40 AM
 #19

It's nice that you've asked first before investing. Because most of the newbies that have known crypto, they were so quick to invest up to the point that they never understood a thing or two of what they're trying to do. They've just heard someone told them that a shitcoin is good to invest and they did followed the advise.

Mimiklinton, you'll never go wrong by choosing bitcoin as your main and first crypto investment. It's a beginner friendly and the best in the market that you can ever look at. Hear it out from the majority who's telling you to start out by having bitcoin.

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February 21, 2023, 10:52:17 AM
 #20

I have been a crypto enthusiast for some time now,thou I have lacked consistentency,but over the years I have seen people who have carved out good lives for themselves with crypto,either by direct or indirect investment.,as a result I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.

Many people lives change due to cryptocurrency investment but you shouldn't only count the success of those people since for sure they also struggle before reaching their current status.

Maybe you should learn first the hardship on startup because you can learn a lot of things especially on investment scams using cryptos since its so rampant here and you need to be careful on that. Also focus on realistic things and if the platform offer to good to be true like investing without doing anything which is commonly offer and give you huge profit then declare it as scam to save your money from scams. Better also learn to trade because it will give you the real profit but you also need to enhance your skills so start learning it today.

R


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