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Author Topic: Any advice for invest my first 600$ in altcoins?  (Read 2055 times)
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January 22, 2024, 02:38:21 AM
 #221

(....)
I think the opportunity to get x5 or x10 is in low cap altcoins, because the holders and prices are still low in contrast to very large coins such as eth, btc, the supply is almost complete, and the market cap is already very large so it will rise to x2 in a very short time difficult.
Yep, these altcoins also have high risk and high rewards and it will make you a gambler. For me, if the $600 for OP is already huge, I suggest he protect it, take a small portion of that $600, then go for some low market cap altcoins then other portions can be put into safer cryptocurrencies like high market cap coin like Ethereum or BItcoin.
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January 22, 2024, 10:06:06 AM
 #222

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

maybe arb is good with some good features on the ethereum blockchain I think these features are very useful in the future and abitrum will grow rapidly it is possible to take profits on arbitrum coins and hold the coins until the next bullruna this is not financial advice I'm just sharing my opinion about arbitrum tokens

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January 22, 2024, 12:30:01 PM
 #223

The amount is very low and if you are looking for a good return from it then you need to go with the low marketcap coin. It will be risky but if you find the right one it can still turn into few thousand dollars. It will be a all or none move. Either you will hit the jackpot or lose everything. Investing in ETH or Bitcoin with this amount can max bring you 5X to 10X so if you are happy with it then go for it as this will give you a safe place to grow your funds compare to those low cap altcoin.


I think the opportunity to get x5 or x10 is in low cap altcoins, because the holders and prices are still low in contrast to very large coins such as eth, btc, the supply is almost complete, and the market cap is already very large so it will rise to x2 in a very short time difficult.



I agree, that's why there are many people who always try their luck in new coins with a small market cap because they get big profits and don't take too long.
Lol those days of low cap projects are truly serving its purpose like what bitcoin does because nowadays? most of those low cap projects are mostly scams and we can find them in reputation section.
so don't be blinded of their fake way and it is not just because they are having small cap means they are legit because you will end up losing much mate.









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January 22, 2024, 04:16:47 PM
 #224

If you want to ask me to invest for today then i will consider bitcoin as a synonym because now the price of bitcoin has come down a lot but it is unstable. So if you can buy today you will get good profit very soon. Since you can't be sure to invest in altcoins because most altcoins have fallen in price out of concern. Besides i think only bull markets can actually change altcoins market situation.

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January 22, 2024, 05:45:21 PM
 #225

In this case I will advise you that if it is your 600 dollars and you are going to invest it in crypto in altcoin then if this is your first time then I will tell you this and I will suggest that First gather knowledge about crypto and then get hold of a strong coin that you believe will benefit me in the future and then invest in it but if you invest anyway. Of course you will lose what you have because you will not have knowledge about crypto so you will not understand what you should do.

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January 28, 2024, 10:18:07 AM
Last edit: January 28, 2024, 10:28:24 AM by Tahid12
 #226

Altcoins you have selected, are good to go for investment. But You just need to buy those altcoins at perfect time. If you already buy those altcoins, then it'll be good. Cause arb already increased a lot. So for SUI, recently attract a lots of investors. HOOk & ID still okey to go. But in March arb will unlock their supply. So possible dump might be coming in arb value. So don't be panic if you are holding decent amount of arb. And if you want to buy more arb then i advised you to buy later

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January 28, 2024, 10:48:10 AM
 #227

Altcoins you have selected, are good to go for investment. But You just need to buy those altcoins at perfect time. If you already buy those altcoins, then it'll be good. Cause arb already increased a lot. So for SUI, recently attract a lots of investors. HOOk & ID still okey to go. But in March arb will unlock their supply. So possible dump might be coming in arb value. So don't be panic if you are holding decent amount of arb. And if you want to buy more arb then i advised you to buy later

By investing in major altcoins for only 600$ won't change the life. So it will be better to gather more funds that can be invested in various crypto projects. There are a few ways that can be used to raise funds from that small capital and from that, the most effective way is to farm airdrop. There will only be some transaction costs, and the potential gain can be above a few thousand dollars from only one project. And if you are lucky enough you can manage to gain funds above 10k.









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February 07, 2024, 10:04:43 AM
 #228

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 can stay with Ethereum to invest your $600. I don't know how good the unique coins will be for the future but if you can buy Ethereum and hold it for a long time I believe you will have a lot of success. I want to tell you to look at Ethereum instead of looking at unique coins and invest and hold hope you will be very successful.

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February 07, 2024, 11:06:11 AM
 #229

You said you are new here and you said you don't want anybody to advise you to buy BTC or do you hear anything bad about BTC because, BTC still remain the king among other cryptocurrencies over some years now and many investors that always embrace it from the market has enjoyed a lot of gain from the investment.

Since you said you don't want to invest in BTC and you have  already invested in Ethereum and BNB, I will advise you to invest in Solana because the price is still low for you to buy and hodl for bull run to come before you can sell to make a good profits.

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February 08, 2024, 02:04:00 AM
 #230

If you want to ask me to invest for today then i will consider bitcoin as a synonym because now the price of bitcoin has come down a lot but it is unstable. So if you can buy today you will get good profit very soon. Since you can't be sure to invest in altcoins because most altcoins have fallen in price out of concern. Besides i think only bull markets can actually change altcoins market situation.

Bitcoin is a lucrative investment, but significant profits require buying in large quantities, which requires a lot of capital.
And OP said he has been buying and holding a nice amount of BTC since 2010.
Altcoins are another option to choose for those with less money.
Altcoins like Matic and EGLD are other options that look good right now, as they still have a lot of room to grow. IMO
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February 11, 2024, 06:44:21 AM
 #231

Personally, if I am already focused on ETH and BNB, then I will focus on increasing it, and use other altcoins to increase profits in the short term and to invest in ETH and BNB.
If your goal is long term, then these two coins are very good to have. However, if you want to add some altcoins, then from the choices you gave me I would choose ARB. However, I think ETH and BNB are enough, especially if your goal is 2026. Besides, it would be quite good if you increase your investment little by little until your target price is reached.

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February 11, 2024, 04:04:56 PM
 #232

With $600, in terms of growth scope suitable for capital and feasible in terms of profit-making potential for it, it is SOL, BNB. Those are top and trustworthy coins, it is also suitable for bullrun and upcoming altcoin season. Buy and hold if you feel satisfied and suitable, remember the decision is yours.

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February 11, 2024, 05:23:57 PM
 #233

I think most of your capital is a good investment, but you can get amazing returns from bitcoin if you invest now and hold bitcoin until the bull market. However, criticizing altcoins may require a lot of naming but your money will be very small in terms of quantity. If you buy a few altcoins with small amount then the profit will not be much so bitcoin can be the best investment for you.
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February 12, 2024, 03:13:16 PM
 #234

If you want to ask me to invest for today then i will consider bitcoin as a synonym because now the price of bitcoin has come down a lot but it is unstable. So if you can buy today you will get good profit very soon. Since you can't be sure to invest in altcoins because most altcoins have fallen in price out of concern. Besides i think only bull markets can actually change altcoins market situation.
You are absolutely right because now is an important time in the Bitcoin market where it will be easy to invest. The Bitcoin market will cross $50,000 very soon, so those who invest in it right now are likely to reap huge profits in the coming days. But besides Bitcoin there are some important and top favorite altcoins that can be invested in. In this direction, I would suggest investing in Solana, DogeCoin, Cardano, SEI, Ordi etc. altcoins along with Bitcoin investment. If Bitcoin crosses $100k in the future after the halving, there will be a potential of three to ten times the profit from the altcoins mentioned above.

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February 12, 2024, 09:42:17 PM
 #235

If you want to ask me to invest for today then i will consider bitcoin as a synonym because now the price of bitcoin has come down a lot but it is unstable. So if you can buy today you will get good profit very soon. Since you can't be sure to invest in altcoins because most altcoins have fallen in price out of concern. Besides i think only bull markets can actually change altcoins market situation.
You are absolutely right because now is an important time in the Bitcoin market where it will be easy to invest. The Bitcoin market will cross $50,000 very soon, so those who invest in it right now are likely to reap huge profits in the coming days. But besides Bitcoin there are some important and top favorite altcoins that can be invested in. In this direction, I would suggest investing in Solana, DogeCoin, Cardano, SEI, Ordi etc. altcoins along with Bitcoin investment. If Bitcoin crosses $100k in the future after the halving, there will be a potential of three to ten times the profit from the altcoins mentioned above.
Bitcoin has already crossed $50k and it continues as the halving is approaching. Against the price of a single bitcoin, $600 doesn't constitute a big profit. Keeping it in mind, it is good to focus on altcoins, particularly the altcoins on the top order priced less than a dollar. Surely you can enjoy a good profit this year. A few of them were suggested in the above post. Investing $600 when the price of bitcoin is at $50k and making another $600 when the price of bitcoin reaches $100k isn't big. If lucky, the same can be made out of a $100 investment in some altcoins.

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kawetsriyanto
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February 12, 2024, 09:59:16 PM
 #236

Bitcoin has already crossed $50k and it continues as the halving is approaching. Against the price of a single bitcoin, $600 doesn't constitute a big profit. Keeping it in mind, it is good to focus on altcoins, particularly the altcoins on the top order priced less than a dollar. Surely you can enjoy a good profit this year. A few of them were suggested in the above post. Investing $600 when the price of bitcoin is at $50k and making another $600 when the price of bitcoin reaches $100k isn't big. If lucky, the same can be made out of a $100 investment in some altcoins.
Indeed. Investing $600 is too small for Bitcoin. If we want to get significant profits, we must wait for a longer time. But if we invest $600 to altcoins, there is a chance to gain profits significantly just in a few months. It is because the prices of altcoins are more volatile, it doesn't need Bitcoin halving to increase the prices. When there is good news on the project, the price easily skyrockets. Moreover, when the Bitcoin price increase quickly, the prices of altcoins also follow it. We can see many of altcoins are increasing their prices when Bitcoin crosses $50k today.

Well, I think it is better to invest in top altcoins with cheap prices if you only have $600. MATIC, ADA, XLM, TRX, and HBAR are some good options for the investment. However, it is my perspective, it is not an advice for investment! Always invest with your own analysis!  Wink



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February 12, 2024, 10:55:06 PM
 #237

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
Tokens of your choice are of course much better. Which is expected to perform well in 2024. The investment strategy includes buying 50% of your core assets in Bitcoin and 30% in Ethereum (ETH) and the remaining 20% in other alt coins, but investing in Bitcoin and Ethereum (ETH) should be long-term.

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February 13, 2024, 04:29:13 AM
 #238

Bitcoin has already crossed $50k and it continues as the halving is approaching. Against the price of a single bitcoin, $600 doesn't constitute a big profit. Keeping it in mind, it is good to focus on altcoins, particularly the altcoins on the top order priced less than a dollar. Surely you can enjoy a good profit this year. A few of them were suggested in the above post. Investing $600 when the price of bitcoin is at $50k and making another $600 when the price of bitcoin reaches $100k isn't big. If lucky, the same can be made out of a $100 investment in some altcoins.
Indeed. Investing $600 is too small for Bitcoin. If we want to get significant profits, we must wait for a longer time. But if we invest $600 to altcoins, there is a chance to gain profits significantly just in a few months. It is because the prices of altcoins are more volatile, it doesn't need Bitcoin halving to increase the prices. When there is good news on the project, the price easily skyrockets. Moreover, when the Bitcoin price increase quickly, the prices of altcoins also follow it. We can see many of altcoins are increasing their prices when Bitcoin crosses $50k today.

Well, I think it is better to invest in top altcoins with cheap prices if you only have $600. MATIC, ADA, XLM, TRX, and HBAR are some good options for the investment. However, it is my perspective, it is not an advice for investment! Always invest with your own analysis!  Wink


ETH is probably the best option out there since ETH ETF will be coming this year, hopefully. We can earn much if we want to use leverage on trading Bitcoin although the Risk is very high but I guess that risk is not far different from investing in altcoins, even top altcoins won't guarantee our profit if we look like FTT and LUNA. If ETH ETF comes this year we can see ETH price movement just like Bitcoin soon because when we see Bitcoin have ETH news it made Bitcoin gain more than 3x. 

lots major player will enter ETH ETF just like this: https://www.coindesk.com/business/2024/02/12/franklin-templeton-joins-ethereum-etf-race/


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March 14, 2024, 06:58:01 PM
 #239

Quote from: nimogsm
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
Mate, Sui isn't only platform where scammers use it to fruad, scam people. Scammers are in every platform, you just need to be careful instead of disliking. Thus you can unlock facilities from each altcoin when need. The interesting fact is, Sui & arbitrum, both of those coins raise up incredibly than others altcoins. I already added those two in my portfolio cause i believe still those have space to raise up more in upcoming days

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March 14, 2024, 07:11:39 PM
 #240

Quote from: nimogsm
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
Mate, Sui isn't only platform where scammers use it to fruad, scam people. Scammers are in every platform, you just need to be careful instead of disliking. Thus you can unlock facilities from each altcoin when need. The interesting fact is, Sui & arbitrum, both of those coins raise up incredibly than others altcoins. I already added those two in my portfolio cause i believe still those have space to raise up more in upcoming days
Of course, scammers use various platforms. But it was Sui’s first steps that were accompanied by a huge number of scam projects, which played on the reputation of Sui himself. There are a lot of scam NFTs, problems with wallets and their security. All this was at the very beginning, now even after so much time I can’t name more than one successful project built on Sui most of them look very weak and unattractive.
If you have any interesting project built on Sui, please share it, I’ll be happy to read about it, thank you.

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