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Author Topic: If I have $40,000 to invest in one #cryptocurrency.  (Read 3602 times)
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January 19, 2024, 09:07:21 PM
 #321

- $DOGE
There is no big deal here and all what you have to do is to make research on any of the altcoins that like to invest and invest in it and if you invest on people's recommendation then you might missed out and say, " if I would have known $. So to avoid such statement later make your own research. But if I will recommend among the list you have submitted, I will say you should invest in dogecoin though that is my personal observation and recommendation but as I said you make research to know more and see if you are deem fit to invest in it.

Because in sometime what is good for me might not good for you and patient is also part of cryptocurrency investment platform. If one is not patient enough then he might sell off his coins on half way because of fear. And altcoins make someone to be afraid.









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January 19, 2024, 11:33:25 PM
 #322

I’m not sure what to advise on this because it isn’t advisable to put all your eggs in one basket. Be it in cryptocurrency or beyond, it makes more sense that you diversify and your worth or value doesn’t depend on just one item. Instead of just one cryptocurrency, why not maybe 3? Or even more for more stability? Well, whatever you decide make sure you pay attention to short term cryptocurrencies and long term ones so you don’t hold the wrong one for too long or the long one for too short.



 

 

 

 

 

 


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January 20, 2024, 05:34:02 AM
 #323

Your idea is good 70% in bitcoin and remaining amount in altcoins is suited well and also you have mentioned good alctoins but I think you should also invest little sum in new coins because they are now increasing a lot in price and will soon pump when Bull season enters.
I don't prefer new altcoins for long-term investment because it seems that the price of these coins suddenly goes up a lot and then goes down a lot. Also I think investing in altcoins is much more risky.

I have mentioned three alt coins which are performing quite well in the cryptocurrency market. BNB and Ethereum coins are the best among the altcoins in the cryptocurrency market. Many are commenting and hoping that the price of ethereum coin will reach $10000 when bullrun starts in crypto currency market but it may be possible.

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January 20, 2024, 05:41:32 AM
 #324

Investing everything in one cryptocurrency is not advisable as you might incur a loss and lose everything. It is always advisable to invest in multiple cryptocurrencies so that if anyone goes down you still have others that can give you a return on your investment. If you still want to invest in one cryptocurrency then investing in Ethereum would be profitable in the long term. Another option would be to invest in exchange tokens like BNB which is backed by the biggest crypto exchange in the world.

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January 20, 2024, 06:34:24 AM
 #325

A big money bag but if you are not willing to take risk from altcoins then just buy bitcoin and with a little patience can get good profit. As many of the token names you feel have meme coin in them but I'd like to refrain from that. But if you really want to buy meme coin then try to use the maximum investment of $500. We all know that the only dependable way of investment is to take risk but it is foolish to take exclusive decision for big capital.
Well, can't blame people that would like to invest higher capitals with those type of coins that they prefer. First, it is their money and we can't stop them easily for doing it. If like to put as much as they can then the thing on their mind is the greater return that they'll be getting from it.
And that's why those that have been became millionaire on the altcoins might probably have inspired them. But even I, I wouldn't take that much risk with it.



 

 

 

 

 

 


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January 20, 2024, 06:44:22 AM
 #326

I’m not sure what to advise on this because it isn’t advisable to put all your eggs in one basket. Be it in cryptocurrency or beyond, it makes more sense that you diversify and your worth or value doesn’t depend on just one item. Instead of just one cryptocurrency, why not maybe 3? Or even more for more stability? Well, whatever you decide make sure you pay attention to short term cryptocurrencies and long term ones so you don’t hold the wrong one for too long or the long one for too short.
well, if he had made such a decision, then he was ready to accept the risk. Many people advise not to invest in just one place because it is very risky, but I think the profits that can be obtained can also be very large. However, with that much money, I can only choose the best coin, namely bitcoin. However, if I choose several coins, I might add ETH and BNB to my portfolio. Personally, I would probably add other assets with that kind of money, and wouldn't keep it all in one basket.

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January 20, 2024, 06:48:44 AM
 #327

A big money bag but if you are not willing to take risk from altcoins then just buy bitcoin and with a little patience can get good profit. As many of the token names you feel have meme coin in them but I'd like to refrain from that. But if you really want to buy meme coin then try to use the maximum investment of $500. We all know that the only dependable way of investment is to take risk but it is foolish to take exclusive decision for big capital.
The inability to exercise patience when it comes to investment is what makes people to make wrong decisions in wrong investment. They just want to take the risk to make money in investing in meme coin very quick. Investing is not always about taking risk but it is also how to manage risk and to make the right decisions. If one is not willing or can't bear the risk of going for altcoins,  I think it is better to go altcoins,  because this is more reliable to invest than to risk your money in meme coin.
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January 20, 2024, 08:34:43 AM
 #328

The inability to exercise patience when it comes to investment is what makes people to make wrong decisions in wrong investment. They just want to take the risk to make money in investing in meme coin very quick. Investing is not always about taking risk but it is also how to manage risk and to make the right decisions. If one is not willing or can't bear the risk of going for altcoins,  I think it is better to go altcoins,  because this is more reliable to invest than to risk your money in meme coin.
The first thing we need to invest or trade is to acquire our patience. Many people think that only by investing they will get profit and accordingly they start investing without any judgment analysis. Due to which many people are suffering financially just for inexperience. So all those who do not know about investment or trading should get detailed experience about it and then invest or trade.

A big money bag but if you are not willing to take risk from altcoins then just buy bitcoin and with a little patience can get good profit. As many of the token names you feel have meme coin in them but I'd like to refrain from that. But if you really want to buy meme coin then try to use the maximum investment of $500. We all know that the only dependable way of investment is to take risk but it is foolish to take exclusive decision for big capital.

People who have a lot of money and want to invest even without risk should invest in Bitcoin.If one invests a lot of money in bitcoins at once and if he waits patiently for a few years he can get good profits.

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January 20, 2024, 09:13:14 AM
 #329

if recomendation only one coin is the best still bitcoin but profit is not fast and low profit.
so if you invest in 1 coin and only buy once you have to be patient. impatient must lose a lot. because it doesn't use DCA also only one buy. all in one coin buy once









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January 20, 2024, 10:56:26 AM
 #330

A big money bag but if you are not willing to take risk from altcoins then just buy bitcoin and with a little patience can get good profit. As many of the token names you feel have meme coin in them but I'd like to refrain from that. But if you really want to buy meme coin then try to use the maximum investment of $500. We all know that the only dependable way of investment is to take risk but it is foolish to take exclusive decision for big capital.
If I have that kind of money I will resolve to invest only 30% in Bitcoin, no temptation or persuasion can make it more than that. The real money is in altcoins, no doubt about that, and if Bitcoin moves 3 times its current size, then it has done so much in the coming bull run. The size of the coin is large and it is discouraging, not also this time it is now being interested in by institutional investors, it will behave better and more responsibly than before, just like other mature/old assets/markets in the financial market. Nonetheless, this will not stop it from spiking higher, only that the effect will not be as before.

For this, Bitcoin will not move higher as many people expect, they will surely be disappointed. And when the market is trigging a bullish momentum again in the coming months, you will be surprised how speculators will start calling dangerous and insane levels like $250,000, and $350,000 to be hit. While some will even call $1M for it. Those are so crazy, that I do not think that Bitcoin will reach them, in the best of its bullish stretches, I do not think it can move higher than $150,000 in the next bull ruin. I will continue to monitor the situation and trade/invest it accordingly. There is no way it will not be undermined and since altcoins are still low in size, many investors that want to maximize their profits will surely opt for them and make money as much as posisble.

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January 20, 2024, 11:15:17 AM
 #331

Your choice of eth and btc is very appropriate because like day and night, btc complements and eth is my favorite pair. both are expensive and the highest transaction density but it does not become an obstacle for buyers at the current price because of necessity. I myself so often use these two coins for transactions and investments.
===============================
I assume that's your profit from both coins because it's not impossible to get profit if you hold a few years ago, maybe 2 years ago. good job.
My choice remains on:
1. BTC
2. ETH
3. BNB (if you can add
The three are divided according to the level of coin price multiple analysis, maybe 50% of your capital.

Second option:
1.Sol
2.Doge
Both are 25% of the remainder that has been spent above, and the rest is for new altcoins that each of them thinks are feasible and consistent in price from trend to trend. DYOR
============================================
Do you think you prefer one genre? altcoins only or many genres such as memes, ai, multiverse, coin natif wallet or coin cex? it's interesting. How is your portfolio doing now?

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January 20, 2024, 03:08:05 PM
 #332

Wow, this is just a guess...if I had $40 I would recommend which altcoin is in the top 10 of CMC, because the opportunity to make a profit is greater than just investing in one altcoin, likewise if you experience a loss it can be covered by another altcoin, I  think investing with one altcoin has a big risk.

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January 20, 2024, 03:11:33 PM
 #333

<snip>

Hi there, Hope you doing well, my advice to you is that if you have this amount invest 90% of your portfolio in Bitcoin and the remaining 10% in altcoins Because Bitcoin has less risk and altcoins have high risk. well, some of the above you aforementioned are good projects. The remaining 10% invest in different altcoins because if one is not performing well another will perform well and will return you a good amount of profit. Investing in altcoins should be very picky. well, what do you think how much you will generate in the bull run with a capital of 40,000$?





Bushdark
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January 20, 2024, 09:35:13 PM
 #334

Wow, this is just a guess...if I had $40 I would recommend which altcoin is in the top 10 of CMC, because the opportunity to make a profit is greater than just investing in one altcoin, likewise if you experience a loss it can be covered by another altcoin, I  think investing with one altcoin has a big risk.
Did you just write $40? I believe this is a mistake instead of $40k. This money can go a long way investing it in Bitcoin and altcoins also.
There are projects that had been pumping and dumping for the past 3 months now. If we can find those projects and invest the money on them especially buying at a low price, we can make good profits from them that would increase the Capital by 2× or more.
Money can be made in cryptocurrency if only we know how to spot good projects.









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January 20, 2024, 10:26:56 PM
 #335

I’m not sure what to advise on this because it isn’t advisable to put all your eggs in one basket. Be it in cryptocurrency or beyond, it makes more sense that you diversify and your worth or value doesn’t depend on just one item. Instead of just one cryptocurrency, why not maybe 3? Or even more for more stability? Well, whatever you decide make sure you pay attention to short term cryptocurrencies and long term ones so you don’t hold the wrong one for too long or the long one for too short.
well, if he had made such a decision, then he was ready to accept the risk. Many people advise not to invest in just one place because it is very risky, but I think the profits that can be obtained can also be very large. However, with that much money, I can only choose the best coin, namely bitcoin. However, if I choose several coins, I might add ETH and BNB to my portfolio. Personally, I would probably add other assets with that kind of money, and wouldn't keep it all in one basket.

I’d invest similarly to what you mentioned too, however, while you choose to invest in Bitcoin, OP mentioned that the cryptocurrency selected will have to make him a billionaire. Unfortunately, the bitter truth is that with $40,000 right now, OP can only buy 1 BTC. And if we’d be honest with ourselves, we do not see how that will turn in a billion dollars someday. I know Bitcoin has climbed unbelievable heights, but such height would be extremely unrealistic.



 

 

 

 

 

 


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January 20, 2024, 10:57:06 PM
 #336

I’d invest similarly to what you mentioned too, however, while you choose to invest in Bitcoin, OP mentioned that the cryptocurrency selected will have to make him a billionaire. Unfortunately, the bitter truth is that with $40,000 right now, OP can only buy 1 BTC. And if we’d be honest with ourselves, we do not see how that will turn in a billion dollars someday. I know Bitcoin has climbed unbelievable heights, but such height would be extremely unrealistic.
Yes, to be real Bitcoin will not so soon make you a billionaire by investing a $40k into it but we  also have to consider the security of our funds being invested on the right  cryptocurrencies. If it where just for making a billionaire then some Altcoins are capable of keeping such promises but always hard to get that perfect one.

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January 20, 2024, 11:03:09 PM
 #337

I’d invest similarly to what you mentioned too, however, while you choose to invest in Bitcoin, OP mentioned that the cryptocurrency selected will have to make him a billionaire. Unfortunately, the bitter truth is that with $40,000 right now, OP can only buy 1 BTC. And if we’d be honest with ourselves, we do not see how that will turn in a billion dollars someday. I know Bitcoin has climbed unbelievable heights, but such height would be extremely unrealistic.
Yes, to be real Bitcoin will not so soon make you a billionaire by investing a $40k into it but we  also have to consider the security of our funds being invested on the right  cryptocurrencies. If it where just for making a billionaire then some Altcoins are capable of keeping such promises but always hard to get that perfect one.

I think the OP understands that Bitcoin is most secured before creating the topic, that means that him listing the Altcoins, he already knows the risks involved in them. It’s okay to buy and hold Bitcoin if you’re after security, but it won’t make those Billions. Cheers.



 

 

 

 

 

 


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January 20, 2024, 11:54:07 PM
 #338

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?

If I had 40 thousand dollars to invest in Cryptocurrencies I would definitely invest my 40 thousand dollars in Bitcoin because Bitcoin investment is a reliable investment that will never let you down. Although I prefer Ethereum to Bitcoin, I would still invest in Bitcoin because Bitcoin runs at its own pace and never depends on others. A bitcoin can be found for 40 thousand dollars.1 bitcoin means future billionaires.

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January 21, 2024, 05:22:14 AM
 #339

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?

We abide by the good advices we make and not some random advices that will make us stay on a complete different lane. The market have become broad and we have quite vast numbers of projects coming in and out and our best sights should surround our targets spotted out. You're making good sense here, in possession of $40,000 and you're contemplating on the market, really? There are numerous altcoins and gems in the market apart from bitcoin. It's simple how we cope with the market, its easy to predict which altcoin will pump but not always easy to speculate on the future projects.

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January 21, 2024, 10:29:28 PM
 #340

if recomendation only one coin is the best still bitcoin but profit is not fast and low profit.
so if you invest in 1 coin and only buy once you have to be patient. impatient must lose a lot. because it doesn't use DCA also only one buy. all in one coin buy once
Sometimes with one coin, if you really focus on it with enough funds, it will certainly be effective, especially if you invest it in Bitcoin, which has a very good value, and the profits you get can also be impressive. But I also agree if you want to invest in altcoins because, with just bitcoin, it obviously takes a long time. There are also quite a lot of good and reliable altcoins, such as ETH and BNB.

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