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Author Topic: Any advice for invest my first 600$ in altcoins?  (Read 2045 times)
danherbias07
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April 27, 2023, 11:55:33 PM
 #41

I have no idea about the coins that you mentioned but since you have Ethereum and BNB why not just add them there to grow the amount of those coins that you hold? I mean, you are already in a good position now, why do you want to risk your money on other coins that have no assurance for their future?
BNB has a good company behind it. Ethereum has its roots anchored in the cryptocurrency industry already and I am sure it will just keep on growing in value. Don't waste money just because you think you could make profits faster by taking the high-risk altcoins that are out there. This is where it goes wrong if you will not be wise about your decisions.

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April 28, 2023, 02:38:37 AM
 #42

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
It's too late to take all of them. Hook may still become the most undervalued one from your list. ARB and ID already priced so high. The chance to go up is quite small at this moment consider more tokens will be unlocked very soon. That means if you shall try to find another undervalued coins at this moment. I think that some top 100 coins are still undervalued like OP and many more. dyor

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April 28, 2023, 02:46:40 AM
 #43

My only advice if you have that worth of money, is that you shouldn't put all the goods in one basket. Always spread it. You could do some research in some coins because those you've mentioned I don't have a clue what is them. But it's much better to invest in trending coins, aim for the large volume if the current price is too pricey you could enter the market when it's dump. Since well known altcoins already acknowledged by well known people so it's much safer than new altcoins.

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April 28, 2023, 04:07:15 AM
 #44

I can't suggest the best for you.  All projects that you will invest there are risks.  You just choose what kind of risk you can accept.  I agree with some of the projects you have invested in but if it were me I would choose projects like ADA, Doge, XRP, CRO and CFX.  It is also for long term investment.

I had ADA, Doge and I just sell them with small profit. Because for example take a look at Cardano. They have nice ecosystem and projects. But it can't give enough ATH even in covid started year. So I sold all them with small 4-5% profit. I will never invest again these coins. Thats why I looked into 2023 started alts mostly.

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April 28, 2023, 04:33:36 AM
 #45

Quote from: Princess_Devi
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

It will be better to invest more on those coins you mention here Bitcoin, BNB and Ethereum because there is a hope of winning something big from them in future which many newbies will like to take your step when they have the opportunity like you in the community. Spending $600 in altcoins is favourable, if only you can take your time to carry out your personal research to know the potential altcoins that will bring you quick income before investing in that particular altcoins. I will advise you to invest in Solana, ADA, ARB and ID because the price of the altcoins are still low in the market for you to use huge amount of money to buy and hold for long to get what you want in future.

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April 28, 2023, 04:44:14 AM
 #46

For invest ARB not bad because there are many airdrops you can participate if you are enable of ARB holders. But one think ARB total supply lot of even low supply process now. There was a good hype so that's why huge pump of ARB coin. I will not agreed for long trem investment in ARB because there total supply kill my mind.
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April 28, 2023, 08:16:34 AM
 #47

~
I have no advice on what you should buy in this market but I will talk about you being like a gambler wanting to try your luck in a different environment with longer wait times for results.
Take your time to research this market and do not experience money with such faith and desire for luck, instead of just waiting for someone to give you the opportunity, if you If you don't intend to profit from the market properly, I think you should spend that money on lottery tickets that are much more valuable.
No just don't need lot of profits. I just want to spend this money for good altcoins. These are all money from previous IPL matches bets I placed. Just only wasted 80$ but today have nearly 600$ money. I don't upset if this 600$ will be 6$ in long term. Just want to put this in alts and forget about it. since in this forum lot of guys have experience in crypto I thought to share it here. Thanks for the advice btw.
since you also know some altcoins, so i think you will have to make your own decisions, and you want people who sympathize with your vision. So just do what you think is right, and time will tell, I don't have much experience to advise who to buy what in this space, everyone has their own approach to the market. as different as fomo following or simply an experience and not wanting to stick. You don't want to buy ETH Smiley , I think with the initial suggestions just keep holding for your future. Good luck with the market!
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April 28, 2023, 08:45:41 AM
 #48

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.
I think those are just too low ranked to actually matter in the long run, it is your decision of course so if you want to invest into those then you can do that, nobody can stop you. But I think what people suggest so far are just way too low. I think things like eth, bnb, ada, matic, sol, avax, ltc, all these are ranked high enough to matter.

Compare the rankings of the ones I said to what everyone else said, including you, and you will see that what I said ranks higher than what most people have said so far. That means they are trusted by the world and they are invested more than anything else and that's why they rank so much higher. This is why I suggest the first 600 dollars should go towards those and should be kept for a while as well.

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April 28, 2023, 08:57:33 AM
 #49

(...)Is it good to invest in HOOk, SUI , ARB or ID altcoins?
I think if you have a chance to buy SUI get it early, now they are planning to sell it on some exchanges at a discount this is really attractive and worth the investment. Especially you also have a relative goal for this market when waiting until 2026, I think if you invest in new and quality projects, the chances of achieving big profits are very good.
However, I still want to advise you to take the time to research the market and especially have a better look at bitcoin and ethereum, if you are in a good financial position later on, you will see the potential as well as the safety they have in this market.

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April 28, 2023, 09:34:29 AM
 #50

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

I'm only familiar with ARB since I have been stockpilling as well for the last months or so because I believed on that project. The others you mentioned? maybe you need to dig deeper and do your own research about those.

And it's really hard to give financial advises though, I mean anyone and everyone can shill with their own altcoins in the bag and tell you that they are a good hold. So it's boils down to your research and your risk assessment of the projects that are going to be point out by our members here. So all I can say is good luck. And you are are holding BTC since 2010 then congrats, you are one of those diamond hands.

R


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April 28, 2023, 09:45:39 AM
 #51

I can't suggest the best for you.  All projects that you will invest there are risks.  You just choose what kind of risk you can accept.  I agree with some of the projects you have invested in but if it were me I would choose projects like ADA, Doge, XRP, CRO and CFX.  It is also for long term investment.

I had ADA, Doge and I just sell them with small profit. Because for example take a look at Cardano. They have nice ecosystem and projects. But it can't give enough ATH even in covid started year. So I sold all them with small 4-5% profit. I will never invest again these coins. Thats why I looked into 2023 started alts mostly.
ADA can be an investment in altcoins besides ETH and BNB which have become investments for many investors. And I'm sure there are still a few more altcoins that can be used as short and medium term investments, while for long term investments, bitcoin is still the best.

Maybe I suggest checking the list of top 40 altcoins to find other altcoins. But remember that investing in altcoins will be riskier than investing in bitcoins. So please use the money you can afford to lose so you won't regret it later.

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April 28, 2023, 09:50:04 AM
 #52

Why not stick to Ether even for this $600, it has deep rooted itself into cryptocurrency world, constant developments and now deflationary in nature. I don't think you will go wrong with purchasing ether. Even better if you leverage it with liquidation price around $1400 (psychological support from me, checked nowhere else  Grin), more profit than spot purchase  Wink

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April 28, 2023, 11:01:45 AM
 #53

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.
There is no better investment than Bitcoin. But almost every investor prefers to take some risk in some altcoins. Among them, Ether and BNB have established a good position as the top altcoins. But if one wants to take risk then among the mentioned coins ARB or ID has gained quite popularity. A major pumping event can happen at any time in a bull market. However, these coins have been somewhat overvalued in recent times. I would suggest buying ARB coins at 80 cents and ID at 45 cents. I think there will be good profit opportunities of these two coins with the buying range.

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April 28, 2023, 11:03:42 AM
 #54

I can't suggest the best for you.  All projects that you will invest there are risks.  You just choose what kind of risk you can accept.  I agree with some of the projects you have invested in but if it were me I would choose projects like ADA, Doge, XRP, CRO and CFX.  It is also for long term investment.

I had ADA, Doge and I just sell them with small profit. Because for example take a look at Cardano. They have nice ecosystem and projects. But it can't give enough ATH even in covid started year. So I sold all them with small 4-5% profit. I will never invest again these coins. Thats why I looked into 2023 started alts mostly.
The same thing happen to me before when Investing in ADA, I hold long but the result is too far from what I expect to happen. That is why I'd never put it back on my list and so these meme coins.
These days, we really have to play well and be cautious in choosing altcoins to invest in because not all of the top altcoins in the CMC are profitable. Choosing a hyped project gives more possible profit but the risk is too high. As I was thinking about the $600 investment capital, if I were you OP, I'll put half of it in ETH and BNB (as additional) while the other $300 is for new projects.



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April 28, 2023, 11:58:44 AM
 #55

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
You've had some BTC since 2010,  you should have made a lot of money from it.
 I'm not a financial expert, so I can't provide much guidance, but you could look at Harmony, which is a fantastic project.
ARB is a good project, but its current market cap is pretty huge; there may be much better if you invest in a potencial project worth hundreds of millions of dollars.
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April 28, 2023, 12:38:10 PM
 #56

if you want to find big profits you can look for new projects and invest early, and leave your funds in venture capital, but there are terms and conditions for early investors.
such as doing vesting which is distributed every month.

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April 28, 2023, 02:02:01 PM
 #57

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

Until 2026? I think CFX, XRP, ETH, ADA, CRO and a bit of BNB are great options. Of course all projects have their own risks and I hope that you will continue to have faith in your own choices. There are many factors to judge whether a project is good or not but when it comes to long term investment then I think you can put in some baskets that already have good fundamentals.

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April 28, 2023, 02:03:07 PM
 #58

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
It's too late to take all of them. Hook may still become the most undervalued one from your list. ARB and ID already priced so high. The chance to go up is quite small at this moment consider more tokens will be unlocked very soon. That means if you shall try to find another undervalued coins at this moment. I think that some top 100 coins are still undervalued like OP and many more. dyor

I am quite agree with your opinion about HOOK. It is worth to be invested now.
Just look at the price history and we will know the current price is still very low and undervalued indeed.
Not mention that it has been launched on binance launch pad, so it is worth to buy before the price skyrocket.

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Boomber
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April 28, 2023, 02:08:24 PM
 #59

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

you may try to do research on Open Campus (EDU), because I see for a new project, Open Campus (EDU) is very good and worthy of being a long term investment, that's why I joined Open Campus (EDU) launchpad on Binance and will hold it for the long term, but I suggest you, if you want to buy Open Campus (EDU), then you better wait until the price is corrected, because I'm sure the price of Open Campus (EDU) will definitely be corrected (although maybe only a slight correction).

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rhomelmabini
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April 28, 2023, 02:34:37 PM
 #60

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
My advice is don't forget it and leave until that year maybe there could be some updates on that token and you'll be missing big time. I think ARB wasn't undervalued anymore, I don't know much about SUI and the other two is unknown to me. I still think ETH is a good hold.
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