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Author Topic: If I have $40,000 to invest in one #cryptocurrency.  (Read 3547 times)
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May 29, 2023, 04:47:40 AM
 #181

All in a bid to ensure I have a concrete investment plan this year, I researched some of the altcoins that has the potential to yield the best return over a duration of 5years. BTC and Eth top my list as one of the more secure coins, but other altcoins have proven to be reliable overtime, if you agree. Despite market volatility and the possibility of a crash, which is your most valid choice right now.

*If I have $40,000 to invest in one #cryptocurrency that will make me a billionaire, Which one do you think would be a better choice, besides BTC and Eth of which I have grown accustomed to?

- $BTC *
- $ETH *
- $ADA
- $VET
- $SOL
- $MATIC
- $SHIB
- $NEAR
- $DOGE
- $DOT
- $LINK

These are some of the best I have seen so far.

*What advice would you give me?


MATIC and SOL are good choices for investment, especially now that the market is experiencing a slight correction, so this is the right time to add your bag (portfolio) by investing in MATIC and SOL at a low price, because I'm sure the market conditions will recover soon and improve again (increase), so you will get profit in the near future.
Right on, MATIC and SOL. I agree with you there but would add NEAR and Q Blockchain.
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May 29, 2023, 08:22:10 AM
 #182

All in a bid to ensure I have a concrete investment plan this year, I researched some of the altcoins that has the potential to yield the best return over a duration of 5years. BTC and Eth top my list as one of the more secure coins, but other altcoins have proven to be reliable overtime, if you agree. Despite market volatility and the possibility of a crash, which is your most valid choice right now.

*If I have $40,000 to invest in one #cryptocurrency that will make me a billionaire, Which one do you think would be a better choice, besides BTC and Eth of which I have grown accustomed to?

- $BTC *
- $ETH *
- $ADA
- $VET
- $SOL
- $MATIC
- $SHIB
- $NEAR
- $DOGE
- $DOT
- $LINK

These are some of the best I have seen so far.

*What advice would you give me



What I have paid more attention to recently are altcoins, all kinds of 100 times coins. In fact, I also know that the risk factor is very high. This is a game of seeing who can run fast. People often fail because of their own greed. So, there is no way I can give you any advice, stay away from altcoins. You can choose to participate in projects in the primary market. Of course, you need to spend more time to investigate the project parties.
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May 29, 2023, 02:44:09 PM
 #183

What I have paid more attention to recently are altcoins, all kinds of 100 times coins. In fact, I also know that the risk factor is very high. This is a game of seeing who can run fast. People often fail because of their own greed. So, there is no way I can give you any advice, stay away from altcoins. You can choose to participate in projects in the primary market. Of course, you need to spend more time to investigate the project parties.


What I have paid more attention to recently are altcoins, all kinds of 100 times coins. In fact, I also know that the risk factor is very high. This is a game of seeing who can run fast. People often fail because of their own greed. So, there is no way I can give you any advice, stay away from altcoins. You can choose to participate in projects in the primary market. Of course, you need to spend more time to investigate the project parties.
[/quote]Yes, that's true overall, but what I've seen is that a lot of people are also benefiting from altcoins. those who invest in altcoins have made a lot of profit as long as they see the progress of the project . I have also experienced that myself, but not for the long term. I prefer to hold altcoins quickly and sell them immediately if I get a profit.

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May 29, 2023, 05:07:11 PM
 #184

for big risk you can invest in new project.
but for safety and long term you can invest on top 10 coin like btc and eth.
but from the gain altcoin will give more if that project success.
but you can also lose your investment on that.

40,000$ is very big amount and i think this will be total amount one can afford to invest in crypto. This amount should be invested very wisely and taking risk from capital investment is always bad decision. The best strategy at this situation is to wait for some correction and then invest 10k$ in top 5 coins. these coins have high marketcap and chance of heavy dump is less than other. now just wait for bull to get profit. profit generated from these coins can be invested in new coins for high profit or loss.

If tokens start dropping then no need to be worry because we have still 30k$ which we will use for buying when token drops more than 60%.

The most important thing here is booking profit. no need to wait for 10x but when you see 50% or more you can sell half or some part to book profit. no one now the ATH of any coin and we have to make own strategy for booking profit.

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May 30, 2023, 04:12:39 AM
 #185

Try to look into OASIS (ROSE).
Been holding and staking for 6 months now and the network is legit, has a ton partnership with big company, along with the paratimes and EVM compatibilities!
If you want more info you can check into their website or you can search in coingecko.
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May 30, 2023, 04:42:19 AM
 #186

The fact that you intend to utilize your investment of $40, 000 to become a billionaire in five years time implies that you must be a huge risk taker. To get this kinda result, cryptocurrency is the best place to invest. But let it be known that even as much as you can get your target in less than five years, there's also the possibility of loosing your capital too.

If I have $40,000 my best choice for investment would be real estate as it posses the attributes of appreciation and five years is a long time.

for real estate it's not wrong whether you want to be a housing developer or just buy land even though the 100% guarantee goes up. but a financier must really appreciate spending as much time as possible while diving into milk. I myself will trade crypto first if my new profit is converted to non-crypto assets. like you too.

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May 30, 2023, 12:53:23 PM
 #187

The fact that you intend to utilize your investment of $40, 000 to become a billionaire in five years time implies that you must be a huge risk taker. To get this kinda result, cryptocurrency is the best place to invest. But let it be known that even as much as you can get your target in less than five years, there's also the possibility of loosing your capital too.

If I have $40,000 my best choice for investment would be real estate as it posses the attributes of appreciation and five years is a long time.

for real estate it's not wrong whether you want to be a housing developer or just buy land even though the 100% guarantee goes up. but a financier must really appreciate spending as much time as possible while diving into milk. I myself will trade crypto first if my new profit is converted to non-crypto assets. like you too.
because in crypto currency the potential to earn more profit than real estate is still very large,
so it is better to invest in crypto currency first, or you can use a strategy of 50% investing in crypto currency and 50% again in real estate ,
because your capital amount is $ 40k you should be able to do it.



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May 30, 2023, 12:54:28 PM
 #188

those are pretty hyped
i'd keep my eye on smth new like NEON
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May 30, 2023, 04:00:58 PM
 #189

$40k for just one cryptocurrency? are you healthy friend haha?,
if I had that much money I would buy at least 5 altcoins and put them in my wallet,
of course the altcoins I bought were not shitcoins,
I have analyzed them according to the fundamentals of the altcoins are CKB, LINA, ACH, BNB and ALGO.

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May 30, 2023, 11:44:29 PM
 #190

$40k for just one cryptocurrency? are you healthy friend haha?,
if I had that much money I would buy at least 5 altcoins and put them in my wallet,
of course the altcoins I bought were not shitcoins,
I have analyzed them according to the fundamentals of the altcoins are CKB, LINA, ACH, BNB and ALGO.
it's true that common practice with that capital is to diversify it across various investment out there but doesn't mean someone should always follow such rules or may i say it common sense.
because honestly that amount of money is relatively small if compared with those whales and even venture capitals. investing in one coin is fine though if the coin itself is good enough.
i couldn't sweat the fact that diversifying sometimes also carry risk, what if the invested coin that was supposed to be for diversification flops and get rugpulled, that'd be a problem on its own.
i would recommend diversifying in coins that are known to be good like bitcoin and ethereum instead.

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May 30, 2023, 11:52:34 PM
 #191

for big risk you can invest in new project.
but for safety and long term you can invest on top 10 coin like btc and eth.
but from the gain altcoin will give more if that project success.
but you can also lose your investment on that.
for me $40k is a huge value and if i had it i would choose the safest investment and stay away from high risk investments with big returns. even for me CMC top 10 not all of them are worthy for long term investment, only BTC ETH and BNB are worth for long term investment.
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May 30, 2023, 11:56:16 PM
 #192

for big risk you can invest in new project.
but for safety and long term you can invest on top 10 coin like btc and eth.
but from the gain altcoin will give more if that project success.
but you can also lose your investment on that.
for me $40k is a huge value and if i had it i would choose the safest investment and stay away from high risk investments with big returns. even for me CMC top 10 not all of them are worthy for long term investment, only BTC ETH and BNB are worth for long term investment.
You choose a decent investment list of top coins for the portfolio, we should stay focused on the top 3 coins in the long term and don't choose other altcoins just because of temporary hype and even other coins are not guaranteed to increase when the market recovers, so hold on to the top 3 coins will earn high profits in the long term

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May 31, 2023, 04:28:31 PM
 #193

if i cant recommend BTC and ETH, then I will recommend you ADA and Matic (on your list) and BNB (which are not on your list), because I'm sure when the next bullrun comes, then the price of ADA, Matic and BNB will definitely increase very high compared to other altcoin which are in the top 10, therefore I advise you to invest in ADA, Matic and BNB right now and hold until the next bullrun, because you will definitely get a big profit from investing in ADA, Matic and BNB.

Yes. it's also a good idea if you look at the price increase, of course BNB will go first and then go there and then turn off. But that was just my assumption last year. Luckily, I think if BTC goes up, all altcoins will also go up, and that's a fact, even if there's a difference, it's only a small pump pump by several parties who keep the price from dropping immediately when BTC is being corrected.
Not all altcoins will go up when the bitcoin price goes up. If you study the track record of the crypto market when it was in a bullish phase then only altcoins in the top 10 experienced price increases when bitcoin rose. In fact, many altcoin prices don't even go anywhere when bitcoin prices start to pump.

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May 31, 2023, 04:41:27 PM
 #194

Not all altcoins will go up when the bitcoin price goes up. If you study the track record of the crypto market when it was in a bullish phase then only altcoins in the top 10 experienced price increases when bitcoin rose. In fact, many altcoin prices don't even go anywhere when bitcoin prices start to pump.
Even some altcoins move against the price of bitcoin when the market recovers, investors move their assets due to the unpredictable altcoin resistance factor, they recover altcoin losses by converting assets to bitcoin, so it's no wonder that altcoin hype will be bad for long term investment, so be careful investing high on each altcoin.

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May 31, 2023, 04:54:52 PM
 #195

Where is BNB on your list? If there will be no BTC or ETH, Then I will go definitely for BNB. Because It will make another ATH in upcoming bull run. Mark my word.
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June 07, 2023, 08:20:52 PM
 #196

40 thousand dollars are a lot of money I would not invest them in altcoins only in BTC , BTC are the safest crypto, altcoins are too manipulated and the risk of losing a lot of money is high
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June 07, 2023, 09:11:20 PM
 #197

All in a bid to ensure I have a concrete investment plan this year, I researched some of the altcoins that has the potential to yield the best return over a duration of 5years. BTC and Eth top my list as one of the more secure coins, but other altcoins have proven to be reliable overtime, if you agree. Despite market volatility and the possibility of a crash, which is your most valid choice right now.

*If I have $40,000 to invest in one #cryptocurrency that will make me a billionaire, Which one do you think would be a better choice, besides BTC and Eth of which I have grown accustomed to?

- $BTC *
- $ETH *
- $ADA
- $VET
- $SOL
- $MATIC
- $SHIB
- $NEAR
- $DOGE
- $DOT
- $LINK

These are some of the best I have seen so far.

*What advice would you give me?

Not being hypocrite but never that i expect nor think to become a billionaire in my crypto investing.
Because i will never let greed turn against me in and  the  idea of putting all my funds in single coin is not in my belief .
Where is BNB on your list? If there will be no BTC or ETH, Then I will go definitely for BNB. Because It will make another ATH in upcoming bull run. Mark my word.
Actually there is btc in the list and wait binance to turn 40k into billions? Lol a joke?

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June 07, 2023, 11:09:03 PM
 #198

I'd bet on #ADA. That is if only really choose the best one. $40,000 is a big number for me. Why didn't you choose to put them in at least 4 cryptocurrencies?
I assume you have invested in ETH and BTC and can't you put the rest in ADA and BNB?
Btw, why didn't you include BNB in your list? I guess that is one of the best options at the moment ?

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bitterguy28
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June 07, 2023, 11:36:13 PM
 #199

All in a bid to ensure I have a concrete investment plan this year, I researched some of the altcoins that has the potential to yield the best return over a duration of 5years. BTC and Eth top my list as one of the more secure coins, but other altcoins have proven to be reliable overtime, if you agree. Despite market volatility and the possibility of a crash, which is your most valid choice right now.

*If I have $40,000 to invest in one #cryptocurrency that will make me a billionaire, Which one do you think would be a better choice, besides BTC and Eth of which I have grown accustomed to?

- $BTC *
- $ETH *
- $ADA
- $VET
- $SOL
- $MATIC
- $SHIB
- $NEAR
- $DOGE
- $DOT
- $LINK

These are some of the best I have seen so far.

*What advice would you give me?

Will never risk all my money in single coin and that's my stand for my years here in crypto market, i would rather diversify that single basket investing and also your 40k is more than enough to put a good portfolio.
There are certain point to consider not investing in one coin.
And that is to keep safe your money at least for long term.

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June 08, 2023, 03:26:05 AM
 #200

Dogecoin will be the best you can invest $40,000 in this season and have something favourable to achieve that will make you a billionaire in the society, because the price of dogecoin is too low in the market which will help you to purchase a huge amount of dogecoin in the market and hold. I will advise you to apply long term hodling in your cryptocurrency investment because many investors that used this strategies to became a billionaire in the society always paid attention to the market price. I believe, if you can hold Dogecoin like 3 years, I think it will definitely bring you a good results at the end of your investment.

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