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Author Topic: Any advice for invest my first 600$ in altcoins?  (Read 2037 times)
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April 27, 2023, 02:23:04 PM
 #21

Hi just new to here. I want to know what are the good altcoins that can be invest and forget until 2026. I'm currently thinking to spend around 600$ for altcoins. Right now I'm holding BNB & ETH only as altcoins. Don't say buy BTC cuz already have nice amount since 2010.

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you

If you want to invest in altcoins, please consider ecosystem projects like Arbitrum, Optimism, SUI, Layerzero, and Zksync. Because they have a lot of dapps built into the ecosystem. So they receive all the gas fees. It will increase the value of the coin.
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April 27, 2023, 02:29:24 PM
 #22

I don't have any advice for investing in new coins, but if you're sure you can't go wrong, choose one of them
but if I had money like you I would invest in SUI which is still new, and for sales it is also new, so that 50% profit will be achieved. but everything will not run smoothly, there will definitely be obstacles to loss, that is a risk that we have to accept when investing in new coins

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April 27, 2023, 02:36:44 PM
 #23

You are already holding good coins in terms of their consistent growth and also solid resistance in the market. That’s BNB and ETH. In fact if you have spare 600 bucks why not buy these coins again to fill up your wallet with another bang for buck! They are literally at discounted rates right now and it’s highly recommended to buy them. The rest which you mentioned down below, Idk they look way younger in the market and it would better to put your stakes at ETH and followed by BNB. By the way you are getting this advice from the Bitcoin addict person. Though I would suggest you to invest in one more coin which I love because I mine it and that’s RVN. It’s a ravencoin with high trading volume. Currently it’s popular amongst the miner since most of them have switched ETH miners to RVN network due to ETH switching its PoW to PoS.
You can try out some investment in it.
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April 27, 2023, 02:48:56 PM
 #24

Investing in alt can be very risky because it gives you no guarantee of success, an it not a good idea to hold onto alt for far too long, so if you are doing it for the next 1 to 3 month, I suggest you go for the Hong Kong token,  cfx, key oax, on the 1st of June cryptocurrency will be made legal an I believe those coin I made mention will gain more value, I really do believe you will cash out big time if you invest in Hong Kong token today.
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April 27, 2023, 03:12:19 PM
 #25

Hi just new to here. I want to know what are the good altcoins that can be invest and forget until 2026. I'm currently thinking to spend around 600$ for altcoins. Right now I'm holding BNB & ETH only as altcoins. Don't say buy BTC cuz already have nice amount since 2010.

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
If you have the major altcoins, I guess we can choose between the options you have provided. My best bet to those choices is ARB. ARB is pretty speculative to me but with the support that I see from the community, The projects that is built with layer 2, I think it would be the next trend during the bull market. I have some ARB in my wallet just in case the prices explodes in the future. Those coins you provided is the being talked by the community and still being hyped because the distribution of those tokens are airdrop. I guess it's ok also to invest on those knowing that they have enough exposure and support.
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April 27, 2023, 03:19:40 PM
 #26

You have already invested in BTC and some top altcoins ETH, BNB. Apart from this, ARB is the most potential coin among the new coins. There are some other top coins to invest in like ADA, SOL. Also, Dogecoin can be invested as memecoin because Elon Musk supports this coin, so high returns can be obtained from it during bullrun.
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April 27, 2023, 03:48:52 PM
 #27

Each person sees in his own way where it is better to invest. So if you are given advice, then consider it and make the investment yourself. Until 2026, there are several promising purchases to be found and your thoughts are in the right direction. But again, make your own choice.

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April 27, 2023, 03:50:31 PM
 #28

Don't say buy BTC cuz already have nice amount since 2010.
Seriously you dont need anything more than that if the amount is a significant one, like at least two digit number.

Compared to that 600$ is a meager amount but if you are willing to take the risk go with the established coins like ETH.

Dont go for the newly launched coins because they will be one shot wonder a few months and then by 2026 you will find them back in the dumps beyond the break even level for years to come untill they get abandoned.

You might think I am being a grumpy old member of this forum, but you are not the first newbie here who came for similar advice.

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April 27, 2023, 04:03:24 PM
 #29

Hi just new to here. I want to know what are the good altcoins that can be invest and forget until 2026. I'm currently thinking to spend around 600$ for altcoins. Right now I'm holding BNB & ETH only as altcoins. Don't say buy BTC cuz already have nice amount since 2010.

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you

Since you have said that you want to buy those coins and then just forget about it for a few years i would probably suggest coins that can be staked natively, because that way you not only make profit from a possible increase in price but also from the staking rewards. In the last few weeks or so i have bought a few Cosmos (Atom), NEAR and Radix. All of those 3 coins can be staked and with Radix and NEAR you even have the advantage that they are auto-compounding. This means the staking rewards you get are automatically put into staking once you receive it. So you can really totally forget about it for a few years. Other coins are good options too though of course.
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April 27, 2023, 08:40:05 PM
 #30

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
ARB qas very hype. But, do you know what will commonly happen to that kind of very hyped altcoins mostly? Most of them cannot maintain thier value and have a hug drop in the future.
I am curious why should out that money into altcoins.
 If that is for a short term investment,new coins may be. But this will include very high risk, like gambling, you may get hype coin like ARB and probably will get shit coins only. So, this is quite difficult. I personally love investing in top altcoins in which have been highly pooular and have hugh chance to survive although during bearish to bullish. Some of them are Etherum, BNB,Matic, and Sol.

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April 27, 2023, 09:14:08 PM
 #31

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
Go for SUI and ARB, since its not that big capital and you already have Bitcoin and top altcoins.
I see a great future for SUI and ARB, and right now is a good opportunity to buy while it is still cheap. You can also look to other projects like ADA and SOL, for the meme token DODGE can still be a good one especially there’s a great hype during the bull market.

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April 27, 2023, 09:44:17 PM
 #32

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
Go for SUI and ARB, since its not that big capital and you already have Bitcoin and top altcoins.
I see a great future for SUI and ARB, and right now is a good opportunity to buy while it is still cheap. You can also look to other projects like ADA and SOL, for the meme token DODGE can still be a good one especially there’s a great hype during the bull market.
That’s a good suggestion, though OP still need to analyze if these tokens will have a great pump too. $ARB looks more solid, i prefer to have this more over ADA and SOL. If you are ready to take the risk and willing to hold until next year, then $ARB is way better because of good fundamentals and there’s also a great demand for this project.
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April 27, 2023, 09:46:56 PM
 #33

it's most certainly good to invest in new project like sui and arb, if you're looking for massive profit that it and within short term on top of that, if you are investing for long term then you need to diversify, but average people i know that invest that amount only invest in one altcoin project and hoping for the best, sui is one of best option out there.

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April 27, 2023, 09:54:59 PM
 #34

Hi just new to here. I want to know what are the good altcoins that can be invest and forget until 2026...

It would just be reckless to invest your money based on the recommendations of people you don't know. Are you sure that the one who will give you investment advice understands this better than you? It should be remembered that investing in altcoins involves high risks, so you should not consider such a long investment period of 3 years.

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April 27, 2023, 09:58:10 PM
 #35

Hi just new to here. I want to know what are the good altcoins that can be invest and forget until 2026...

It would just be reckless to invest your money based on the recommendations of people you don't know. Are you sure that the one who will give you investment advice understands this better than you? It should be remembered that investing in altcoins involves high risks, so you should not consider such a long investment period of 3 years.

since the OP already mentioned that he has btc since 2010, so he's not new in this market. he may be new to this forum but when it comes to crypto investing, he's already a long-timer. however, the alts he mentioned don't ring a bell to me. but in any case, when it comes to alts, you should do your own work on this. researching each one of them, don't rely from someone's piece of advice. you don't know their motives.

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April 27, 2023, 10:20:33 PM
 #36

just invest in ethereum, it still got many potential left the thing with ethereum it will get massive update that will solve the fee and once that solved the l2 becomes irrelevant and finally it will take up l2 market share.
eventually once that happens the price of ethereum will sky rocketing.
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April 27, 2023, 10:28:42 PM
 #37

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
SUI and ARB are the most popular new coins right now and trending coins that are being discussed in crypto community groups right now, so you can take part to analyze those two coins and even many traders buy expensive accounts that meet the buy requirements of SUI in the token sale program, they expect to be able to buy SUI tokens at the token sale price before SUI can be traded on the spot market.

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April 27, 2023, 11:05:26 PM
 #38

That's a lot of money just make sure you can afford to lose it because that's the case when it comes to altcoins it's just pure gambling especially when you choose those varieties of new altcoins. I recommend you only choose trusted altcoins to lower your chance of losing because they already established strong connections with their investors and their updates and developments are already ongoing if their improvements work their coins will surely increase their price.

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April 27, 2023, 11:10:44 PM
 #39

since the OP already mentioned that he has btc since 2010, so he's not new in this market. he may be new to this forum but when it comes to crypto investing, he's already a long-timer. however, the alts he mentioned don't ring a bell to me. but in any case, when it comes to alts, you should do your own work on this. researching each one of them, don't rely from someone's piece of advice. you don't know their motives.
Based on the list of altcoins that the OP mentioned are new altcoins in the current trending coin list, so there is hope for the OP to find new altcoins for short term trading benefits, but from that I am only interested in SUI and ARB because they are widely discussed on twitter, but your suggestions The above is very precise because don't choose other people's predictions and do your own research because altcoin investment is very high risk.

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April 27, 2023, 11:28:39 PM
 #40

If you can DCA then that would be good; choose for altcoins having large volume and wait for the 'dip' in their market price. But if you can't, you may invest on the big names in this industry to atleast lessen the risk of losing money from coins which are becoming dormant for a period of time. Also, learn efficiency; diverysify your money if you needed to. Putting all of it in one bucket would be risky. Invest on knowledge as well before actually starting your journey. Sometimes it is not really whether bitcoin or altcoin you would invest your money but your state of knowledge as an investor whether you are ready or just hoping for things to happen in accordance to your will.

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