yohananaomi
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April 20, 2023, 10:54:37 PM |
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I think 40,000$ is quite a lot of money, it's best to invest in diversification, but if you still want to do all in one altcoin, then BNB is the right choice, because BNB has great potential in the future.
totally agree with your opinion, but there's nothing wrong with the advice you give is also considered, because with large funds and wanting to make big profits it's clear only on bitcoin, and the funds available are enough to buy units. but if it's only released to BNB, of course it's very wise too because BNB in 2021 has given a surprise with a high increase, it's only natural to want to BNB. there's nothing wrong with wanting to allocate to ethereum, which is the best coin under bitcoin, which obviously has good potential for improvement.
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Yatsan
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April 21, 2023, 11:50:23 PM |
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Never advisable to invest or to put it only in one bucket. Would be better to diversify it so if incase things happen against your expectations, atleast other tokens could compensate what you have lost. But if you are too eager for such investment plan, go for what would give you less risk; Bitcoin or Ethereum. These two are the leading cryptos in this industry so if it is just assurance or let us say bigger chance to recover from every market price downfall, then these two would really be good options. In the long run, their market prices have been increasing in a continuous manner but not consistent ofcourse. But at the least, these are the tokens which follows the trend before other cryptos.
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Farma
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April 22, 2023, 09:11:46 AM |
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Never advisable to invest or to put it only in one bucket. Would be better to diversify it so if incase things happen against your expectations, atleast other tokens could compensate what you have lost. But if you are too eager for such investment plan, go for what would give you less risk; Bitcoin or Ethereum. These two are the leading cryptos in this industry so if it is just assurance or let us say bigger chance to recover from every market price downfall, then these two would really be good options. In the long run, their market prices have been increasing in a continuous manner but not consistent ofcourse. But at the least, these are the tokens which follows the trend before other cryptos.
well, it is very dangerous to keep all the assets we have in one basket. However, sharing it across multiple investment sites can also be a bad idea. it would be better if we divide the investment that we have into several parts. with $40k, it might be better to divide our investment into 4 or 6 assets. Besides, choose popular crypto types, such as bitcoin, ethereum and other popular coins. the reason is because these coins are coins that have the lowest level of risk compared to other altcoins. however, the risk is still there, it's just that we try to reduce it.
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Mr. Magkaisa
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April 22, 2023, 12:17:19 PM |
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- If I had the amount of 40k$ I would divide it into four coins, Bitcoin, Matic, Shib, and Doge. Because for my belief, their development is good in the future, especially when the bull run comes.
Maybe others here agree with me and others don't, but this is what I really believe that I saw the potential to give a good profit or savings instead of keeping this amount in the bank in reality.
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mdzahed134
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April 23, 2023, 06:37:31 PM |
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I think it’s too risky to invest in one coin, so i would like to prefer for several coins, as like Matic,Sol,Doge, and Shib. Doge & Shib both of small coins and if those will big increase then your target will be easy but i don’t think 40k$ will turn into billion it’s never possible, it can be million if will huge increase.
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Jocuserious
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April 23, 2023, 07:26:53 PM |
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Your list all top coin and very old long trem but we can't help you for making profits. Because profits only depends on your buy and sold planing. Anyway not had to invest in one coin because you have a larger assets so pick 3-4 coin and buy a dip price. I hope every coin will give you some profits but don't invest in only one coin.
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Myleschetty
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April 23, 2023, 08:00:53 PM |
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Your list all top coin and very old long trem but we can't help you for making profits. Because profits only depends on your buy and sold planing. Anyway not had to invest in one coin because you have a larger assets so pick 3-4 coin and buy a dip price. I hope every coin will give you some profit but don't invest in only one coin.
Investment in one is hard and not easy as you think because it is risky and it was not advisable to invest in a single coin because diversification is always the best investment decision to play safe in the market.
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blockman
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April 23, 2023, 09:28:00 PM |
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I think it’s too risky to invest in one coin, so i would like to prefer for several coins, as like Matic,Sol,Doge, and Shib. Doge & Shib both of small coins and if those will big increase then your target will be easy
The risk is even greater if you're more with the meme coins. But then, with those successful people that have been into that venture will do approve that everyone should do it. But investing only to one coin has an exemption and that goes with bitcoin. If you invest only with bitcoin, it's risky but it's not as risky as diversifying with several altcoins. but i don’t think 40k$ will turn into billion it’s never possible, it can be million if will huge increase.
It's hard to imagine that but those that have made fortune and became millionaires probably has a say to this but then, we've got the same opinion that it's unlikely to happen even if you get lucky with meme coins.
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RussianEnglishTranslation
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April 23, 2023, 11:55:01 PM |
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Out of the list you gave OP I would only invest in NEAR and LiNK at these prices. You will get higher returns investing in microcaps like 0xMR, VITALIKETH, SIMPSAI, and getting in on new projects before they list on exchanges like Lamina1 and Q Blockchain.
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bluebit25
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April 24, 2023, 07:58:05 AM |
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I just want to advise OP, be more honest with yourself than daydreaming about irrational profits. I don't have much of a track record of being profitable in this market as I myself have held a lot of different cryptos including the shitcoins of the market and daydreamed they would go up unreasonably, I also bought bitcoins when they were around $3000, but I have never regretted selling them before and buying them again at a different price. With this market there are so many things to look forward to but to be realistic with them, it would be great to see the investment increase and vice versa. Honestly, for now, I would recommend you stick with bitcoin more, then the profits it generates you can spend them in a variety of other categories.
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o48o
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April 24, 2023, 06:41:23 PM |
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So you're want to make $1,000,000,000 from $40,000 in 5 years? so you need to make 25000x multipliers.
I will say it looks unrealistic for Bitcoin to hit $75,000,000 considering if you spent your $40,000 only to buy Bitcoin at $30,000.
So you're need to invest in shitcoins and hope you will make a quick profit after few hours or days, you need to watch the chart everyday for 24/7 without sleeping. If you sleep you will miss a moment to make a quick profit or you will be in lose since your shitcoins will not able survive during bear market.
And depending on the taxation in OP's country it will most likely need to be way higher multiplier so he can keep that billion. Few big moonrockets in 5 years could technically offer the possibility to make it. It's not unheard of for people making such gains with smaller amounts. Especially when they hop from project to project. 'But changes to pull that off are astronomically low. As OP would most likely blow it all in 1 year trying find even one gem from all the rugs out there.
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Awraawra
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April 24, 2023, 07:58:34 PM |
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Investing is too risky but the list of choices are all good but you can choice in your own and you know the best choices. But is given a chance again to invest I choice btc and ether is the best for a long term and we all know that this two coins are very safe to keep and hold. The most important you can invest in the other altcoin buy in a lower price so that you can gain profit once that altcoin price goes up.
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Apocollapse
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April 25, 2023, 09:08:47 AM |
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I still see many people keep mentioning BTC to @OP, do you guys think it's realistic to see Bitcoin price will hit $75,000,000 in the next 5 years? Bitcoin price didn't even reach $100,000 like was been speculated by PlanB. I'm not saying it's bad to invest Bitcoin, but you guys need to reply based on @OP's question. And depending on the taxation in OP's country it will most likely need to be way higher multiplier so he can keep that billion. Few big moonrockets in 5 years could technically offer the possibility to make it. It's not unheard of for people making such gains with smaller amounts. Especially when they hop from project to project. 'But changes to pull that off are astronomically low. As OP would most likely blow it all in 1 year trying find even one gem from all the rugs out there.
Yeah taxation, trading fee, withdrawal fee, and other extras fees is needed if @OP want to cash out his investment, if he's not convert it, then it's still an unrealized profit. But @OP has a choice to not pay taxation in his country if he want ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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domoy77
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April 25, 2023, 09:37:32 AM |
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Investing is too risky but the list of choices are all good but you can choice in your own and you know the best choices. But is given a chance again to invest I choice btc and ether is the best for a long term and we all know that this two coins are very safe to keep and hold. The most important you can invest in the other altcoin buy in a lower price so that you can gain profit once that altcoin price goes up.
I have reviewed the list of coin choices above but not all of the altcoin options are worth investing in, I think only 3 choices are worth investing in BTC, ETH and BNB because those three altcoins are already reputable on the top coin list and we don't need to worry about any market conditions because the two altcoins have certainly increased in the recovery phase of the BTC market and we can determine the coins in the portfolio for long term investment.
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Bitstar_coin
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April 25, 2023, 09:39:29 AM |
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I don't think I will think about this too much since the idea is to invest in one crypto, to me, that will be btc there is no question about it, btc is the number coin that you can confidently invest in and never have to regret doing so. Those who complain of losing money on btc lack the ability to be patient. Buy btc and have peace of mind, other alternatives can not be 100% trusted.
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trendcoin
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April 29, 2023, 11:28:11 PM |
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$40,000 is a lot of money for me. If I had the opportunity to evaluate such a large amount of money, I would definitely not make choices that involve too much risk, and I would sit back after buying Bitcoin from the stock market and withdrawing it to my personal wallet. If I wanted to take a little risk, my second choice would definitely be Ethereum. If I wanted to take a little more risk, my third choice would be not to buy cryptocurrencies because I cannot trust other cryptocurrencies for 5 years.
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cryptoknightt
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April 30, 2023, 05:32:37 PM |
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DOGE, ADA AND SHIB might make you a billionaire with the capital you have. but remember the word warren buffet don't put many eggs in the same basket
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abel1337
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April 30, 2023, 05:50:28 PM |
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Bitcoin or ethereum will be the obvious choice. I could buy a whole bitcoin with that budget and just wait for years to grow. I won't take the risk on investing on other altcoins since trends changes and the likelihood that they can be replaced next bull market is high. Choosing a meme coin like DOGE or Shib is just for mad lad. I personally don't want to risk that kind of money into something that is very high risk. The chances of you getting a higher profit on meme coins or dog coins is high but the risk of you losing is much higher in my opinion. I would probably take the safe way and invest on the proven and tested bitcoin and the number one altcoin which is eth.
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humanvelocity
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April 30, 2023, 06:28:21 PM |
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To be very honest if i had 40k$ to invest I would make sure to not make a big blunder by investing all of that money into a single coin, I’d rather invest that amount into multiple coins just to be safe. Speaking of coins to invest if you are going to put all your money into one single coin then I’d suggest to invest in stable coins that doesn’t fluctuate alot but that’s not going to help you because a billionaire anytime soon. If you however do you wanna take high risk High reward then invest all your money into LTC, XMR , ADA or SOL.
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marcous
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April 30, 2023, 10:51:25 PM |
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To be very honest if i had 40k$ to invest I would make sure to not make a big blunder by investing all of that money into a single coin, I’d rather invest that amount into multiple coins just to be safe. Speaking of coins to invest if you are going to put all your money into one single coin then I’d suggest to invest in stable coins that doesn’t fluctuate alot but that’s not going to help you because a billionaire anytime soon. If you however do you wanna take high risk High reward then invest all your money into LTC, XMR , ADA or SOL.
You've added some top altcons but not all of them are worth selecting to add in portfolio, I'm still focusing on bitcoin and only a few other altcoins, I think I'll allocate 50% to bitcoin and the rest to top altcoins ETH and BNB, so I'm focusing on altcoins that has a high chance of recovering from market conditions and when bitcoin increases, the two altcoins will also have the impact of recovering from the correction.
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