Any advice for invest my first 600$ in altcoins?

[ultrloa]

I also suggest that, we should wait until market pattern indicate good sign for buying altcoins. Now market condition is sensitive for someone, but for someone its another opportunity to grab

Maybe best for him to do test using a small amount so he would know or maybe get an idea if its good to buy at this time or rather to gain experience before he use all of his money to buy the alts he desired. Also nothing wrong to buy at current condition and its just he needs to be more vigilant to know each movement so that they will not get trapped by bad movement and can sell early while other is accumulating. To many things to learn in the market so best study first before taking unwanted steps on trading.

[1714661666]

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[Mr. Magkaisa]

    -    If OP is aiming for the long term, you should better look at research at your own way to invest in which of the cryptocurrency is the best for investment, however, if I were the one I have this amount, I will split it at 6 coins were 100$ each. And these are Bitcoin, Binance, Matic, Doge, Shib, and Pepe, this is just my thoughts and opinion anyway.

It maybe not right for others, But I am surely these meme coins can follow the hype for sure when the bull season comes up in the market.

[Shamm]

$600 is quite good enough for investments but if I were you OP I will choose those trusted and known coins which can bring you more profit in the long term and once of the biggest coin in  this world is BITCOIN which is good enough if you have this cause we all know that once it will rise then the price will shocked you. So it's better to have this coin nowadays. And also there are many trusted enough out there like, BInance, Ethereum and many more coins just take a look in to the internet and you will get some idea.

[Justin999]

Op you said you are a investor of btc since 2010, that means you already know a lot about cryptocurrency. So i don't think you need vote to know, what altcoin you should buy and what you shouldn’t. But as you asked, let me Express my opinion. Arb and sui will be good altcoin in future, so it is fair to hold those for long time, but rest of two id and hook! Good but i can't say confidently that those will be good for long run. So better to go for arb and sui. Now think again if you really want those or want to move with others altcoins

[Xampeuu]

$600 is quite good enough for investments but if I were you OP I will choose those trusted and known coins which can bring you more profit in the long term and once of the biggest coin in  this world is BITCOIN which is good enough if you have this cause we all know that once it will rise then the price will shocked you. So it's better to have this coin nowadays. And also there are many trusted enough out there like, BInance, Ethereum and many more coins just take a look in to the internet and you will get some idea.

if you choose an altcoin to invest, then I would suggest ethereum and binance for the first, and the rest leave a little capital to seek luck in trending coins so that we can maximize profits in the future, but if we are not lucky then we only lose some small capital and it doesn't mean much, for example if it is invested in sui, which is currently still a lot of discussion about it so we can choose it. and of course the right time to sell must be considered, where the bullish season is the right choice to sell

[carlisle1]

$600 is quite good enough for investments but if I were you OP I will choose those trusted and known coins which can bring you more profit in the long term and once of the biggest coin in  this world is BITCOIN which is good enough if you have this cause we all know that once it will rise then the price will shocked you. So it's better to have this coin nowadays. And also there are many trusted enough out there like, BInance, Ethereum and many more coins just take a look in to the internet and you will get some idea.

if you choose an altcoin to invest, then I would suggest ethereum and binance for the first, and the rest leave a little capital to seek luck in trending coins so that we can maximize profits in the future, but if we are not lucky then we only lose some small capital and it doesn't mean much, for example if it is invested in sui, which is currently still a lot of discussion about it so we can choose it. and of course the right time to sell must be considered, where the bullish season is the right choice to sell

That's valid if you are unsure but you still want to try some luck with the coin that you think will progress, throwing some amount
to that coin will allow you to see if you will earn or you will lose.

Unlike with ETH and BNB which expectedly to pump hard when the market start to bull season, the chance is really good in terms of solid project.

Though it's still up to how you do your research and how you follow the developments of that certain asset.

[Abiky]

if you choose an altcoin to invest, then I would suggest ethereum and binance for the first, and the rest leave a little capital to seek luck in trending coins so that we can maximize profits in the future, but if we are not lucky then we only lose some small capital and it doesn't mean much, for example if it is invested in sui, which is currently still a lot of discussion about it so we can choose it. and of course the right time to sell must be considered, where the bullish season is the right choice to sell

There's a lot of buzz surrounding SUI these days. But I haven't seen real price action, compared to other cryptocurrencies on the market. Maybe it's because the bear market is adding some pressure to SUI's price? There's a lot of risk involved with altcoins that I'd want to avoid. You'll never know if prices will keep going down until they hit "rock bottom". It's hard to predict which coin will become a big hit when there are many of them with unique features and number of services supporting them.

And I honestly don't think SOL will rise from the dead even with an FTX comeback. I'd invest the $600 into BTC and ETH alone for complete peace of mind. No one can predict the future, so let's hope for the best. Just my thoughts

[raidarksword]

Diversification will be a good strategy for investing and it would be a good idea for you to have any of top 10 altcoins in the coinmarketcap. Mostly those gems will certainly do big in the future and in the next few years to come. DCA will also be a good strategy you can apply which has more potential idea of investments.

[Tahid12]

In short,  4 altcoins you mentioned,  will have bright future if team can keep their promise but only arbitrum and sui team are working hard for development, which can be seen. Rest of two coins still suffer to keep their promises for development themself. So you can focus on Arbitrum and sui and those are new altcoin in market. So risk is 100%. So as a new investor it is better to investment money on top good coins what are suggested by most of the People

[Mehedi72]

I've attempt to gather some information about those altcoins. Arbitrum and sui seems more promising about their future as well they with good roi. Besides Hooked Protocol doesn’t seem anything special for investment. But space ID altcoin has good concept as they will try to build a hub, One Place for Digital Identities for everyone. Their task is big, they'll have bright future if they can keep their promise

[RussianEnglishTranslation]

If I had 600 to spend to build my portfolio I would put 100 usd into each of these:

NEAR
IOTA
Q Blockchain
XRP
HBAR
0xMR

[dunfida]

if you choose an altcoin to invest, then I would suggest ethereum and binance for the first, and the rest leave a little capital to seek luck in trending coins so that we can maximize profits in the future, but if we are not lucky then we only lose some small capital and it doesn't mean much, for example if it is invested in sui, which is currently still a lot of discussion about it so we can choose it. and of course the right time to sell must be considered, where the bullish season is the right choice to sell

There's a lot of buzz surrounding SUI these days. But I haven't seen real price action, compared to other cryptocurrencies on the market. Maybe it's because the bear market is adding some pressure to SUI's price? There's a lot of risk involved with altcoins that I'd want to avoid. You'll never know if prices will keep going down until they hit "rock bottom". It's hard to predict which coin will become a big hit when there are many of them with unique features and number of services supporting them.

And I honestly don't think SOL will rise from the dead even with an FTX comeback. I'd invest the $600 into BTC and ETH alone for complete peace of mind. No one can predict the future, so let's hope for the best. Just my thoughts

I remember that SUI does have that fast TPS compared into those current existing ones which it would really be a great feature which would really be might be taking down into those old projects which do still really that
remain stagnant when it comes into their features and havent been able to resolved their common problem.. uhmmm (ETH) and some top altcoins which does still remain the same after all the years.

Possible getting in line with top coins ? $KAS
https://www.youtube.com/watch?app=desktop&v=UXlWMjvSjuM
https://captainaltcoin.com/scalability-focus-puts-kaspa-kas-in-league-with-eth-and-ada/

I would definitely recommend $KAS i should say when it comes to  altcoins which it would really be that a good shot
on taking up or having at least some bag with this one.

[AnonBitCoiner]

If I had 600 to spend to build my portfolio I would put 100 usd into each of these:

NEAR
IOTA
Q Blockchain
XRP
HBAR
0xMR

All coins you mentioned are almost dead and their trenyis over. Near is down much and look like there is no possibility of rising. I am not seeing any big update for near project. I will call a fail project to near because it's once their team start great work to bring some nft project but this trend remains for only one month and now you can check the price and volume. Iota, Hbar are in the same category and no update comes for many times. XRP is only one project I will support that if  XRP team win the case then chancss of token price rising is high.

I am currently holding only btc, eth and crp. BTC is most secure coin while ETH maybe gives good profit and hence best altcoin so far. O choose CRP(crypton )in my portfolio  because Team is working to increase community which will definitely increase the value of their tokens too. Token is only listed in small volume exchanges and i hope if it is listed in big exchange, it will give me good profit.

[JeffBrad12]

firstly, investing in altcoin definitely would be better when the price is at its lowest if you are seeking for a long enough established coins in general.
but if you are investing in new coins we are talking about fundamental of the project as well as the advantage of product offered.
with $600 you could easily score profit with investing in binance launchpad for example but the difficult thing is to get allocation for you.
therefore, you could always investing in coin that the chart indicates it has fallen so far from previous value when its in bullish, you will definitely profit when it makes recovery.

[Abiky]

If I had 600 to spend to build my portfolio I would put 100 usd into each of these:

NEAR
IOTA
Q Blockchain
XRP
HBAR
0xMR

Not a bad list. But I'd consider looking for an alternative to IOTA, especially when it's not as popular as it used to be. The project is practically a "ghost" these days. We can thank the constant network outages for that. I haven't been "getting up to speed" with IOTA lately, but last time I've checked, developers were planning to remove the "coordinator" from the network to make it decentralized. If they already did that, then it's likely IOTA will make a comeback soon. The network is lightning-fast and dirt-cheap to use compared to other alternatives such as BNB, and ETH.

I've read somewhere that IOTA has added smart contracts. It could rival Hashgraph and even Ethereum itself if it gets the attention it deserves. In a highly-volatile crypto market, it's always important to keep track of the slightest movement to profit whenever possible. As long as the money is well-spent, there should be nothing to worry about. Who knows if the OP will double or triple his investment by the time crypto turns bullish again? Just my opinion

[Nazmul012]

Its good to think about additional investment with altcoins when you already have eth bnb along with decent amount of btc. Altcoins you already holding, any of those isn't matter of concern as already established and have potentiality. But 4 altcoins you mentioned, all of those isn't totally safe. i like sui and arbitrum how they adoption new technology and going ahead although rest of id & hook still haven't found any strong indication for sure to hold for future. Besides arbitrum tokens will start unlocking unlock from March 16 and only few months left for that. After that, we might see arb getting dump which could be a matter of concern

[batang_bitcoin]

Sui and ARB are good altcoins IMO, they're both launched this year and they've been down from their launching price. That's why it's possible we may see them reach all time highs.
Not a financial advise but if I have that $600 and I'm done with BTC, ETH and BNB. Then, these two will be added to my list but as of now, I've got not spare to spend into coins like this.
So, for fortunate folks that can buy and invest these coins. You can have it and take all the risk that's associated by buying them.

[nimogsm]

Its good to think about additional investment with altcoins when you already have eth bnb along with decent amount of btc. Altcoins you already holding, any of those isn't matter of concern as already established and have potentiality. But 4 altcoins you mentioned, all of those isn't totally safe. i like sui and arbitrum how they adoption new technology and going ahead although rest of id & hook still haven't found any strong indication for sure to hold for future. Besides arbitrum tokens will start unlocking unlock from March 16 and only few months left for that. After that, we might see arb getting dump which could be a matter of concern

I didn’t like Sui for one reason: at the very beginning there were a lot of scam projects, it seems that the scammers were just waiting for a new blockchain on which they could deceive people en masse. Apart from a good price at the beginning for those who had a whitelist of advantages for themselves, I have not yet I saw as well as interesting projects on this blockchain.

[andyou1234]

I think $600 is very good to start investing in Cryoto, but I suggest choosing altcoins that have great fundamentals and potential, such as ethereum and binance, these two altcoins have criteria that are very worthy of investment both in the long and short term, therefore  ETH and BNB are the favorite coins of every cryoto user, besides that these two altcoins can give you profits in the future,

[irsykes]

If you have 600$, try making a small investment, use half your money to buy trusted coins, bitcoin and ethereum, 300$ to start from scratch, the risk is not too big, just wait patiently. and practice reading charts to minimize small losses. If 300$ starts to change your portfolio, for example you can gradually buy with your spare money in stages