Avantika jaiswal (OP)
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June 13, 2023, 08:55:43 AM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
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reagansimms
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June 13, 2023, 09:23:25 AM |
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The more flour you have, the more cake options you can make. The money you get from selling 1 BTC is very much, you can buy whatever coin you like based on personal research calculations. Investment advice has been widely shared in forums and you can find it on google based on the keywords you enter. My best advice is to save your 1 BTC until you can hold it, it's better than putting some money on a new coin that hasn't been fully tested in the market.
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Zaguru12
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June 13, 2023, 09:25:30 AM |
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First your subject topic doesn’t correlate with the main message body. First I would say there are different exchanges that actually offer pairs of btc to different coins and tokens. So if you wish to swap to those coins you can use these exchanges and then move your coins into your wallet.
Concerning investing into Alticoins for the purpose of diversification of portfolio, I would say it is definitely not advisable to me especially at this moment where the market trend is fluctuating. Investing into Alticoins poses more risk because it is not certain that most of them will survive this market. Moreover why i don’t advice investing too much on Alticoins are because they just follow the trend of bitcoin movement with just few coins moving slightly higher interms of gain percentage but also when it comes to dumping they fall way below and some crashes totally. So if it is about security and probably profit then stick to bitcoin. This is also not to discourage you from Alticoins but be rest assured that most of them are just pump and dump coins and investing in them is just pure gamble
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Dunamisx
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June 13, 2023, 09:57:14 AM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
If you are to invest, then let it keep sounding in your mind and thoughts that bitcoin should be your first priority for an investment, when you set in during the bear market, hodl your coins and wait till they are matured for release or sale, you will have the opportunity to make profits during the bullrun, you can be buying bitcoin gradually as well using the DCA pattern, any investment outside bitcoin is nothing but risk because you will have the varieties of altcoins introduced to you and only few can be reliable while others are nothing than constitute of scam coins, whereby you can loose your entire investment on them over time. This makes bitcoin the most preferred cryptocurrency except if you think you've got that boldness for investing on any alts being an experience user.
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noorman0
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June 13, 2023, 10:07:15 AM |
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-snip- because I know this time is very crucial to invest in any new coin or even in an old coin.
So, from what point of view do you consider it crucial? Given that most of today's older altcoins are starting to be contested on some legal basis, I don't think it's a good idea to take advantage of this situation to get them even at a low price. And there is no need for other opinions to know about new altcoins, without complex research it is very risky. Final opinion: Just hold your 1 bitcoin
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passwordnow
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June 13, 2023, 10:09:50 AM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Don't spend your Bitcoin and better keep it. That is what I've been doing before the 2021 bull run and I've regretted it and that's the mistake that I'll never do. Any suggestion from your side which is good for long term
You just keep Bitcoin and that's the best strategy. But if you think that you want to scatter 1 BTC to many different altcoins, I'd suggest the top ones like ETH. As much as I want to suggest other coins, if I were you, I'll keep the 1 BTC and wait until the next or next next bull runs.
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elevates
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June 13, 2023, 10:18:51 AM |
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You need to make your own choices rather asking for an advice on a public forum. People asking for investment advice without doing proper research tend to get confuse. When you are confused you lose your ability to decide what is good for you.
My advice to you is to keep holding your 1 BTC till the next bull run. Decide at what point you want to gain profit and then go ahead and sell some of it. The fiat amount you got keep some of it to buy more when the bear market comes. Keep on doing it and you will end up with more BTC. Alway do your own research before investing as it is your BTC and not ours.
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Taskford
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June 13, 2023, 10:31:56 AM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
Like what other say its better to split up those balances on top coin on the market since they are much safer option to have if you are aiming for long term but don't forget to leave maybe 15-20% for shitcoin investment since there are tokens that can give you short time profit if you trade those risky tokens quickly and you don't join people call for a hold on those tokens. If you do this for sure you will get a lot of options and also learn many things for doing this selections since you can see a different perspectives in your executed trades.
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SquirrelJulietGarden
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June 13, 2023, 10:48:11 AM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
You have 1 BTC and you want to use that 1 BTC to buy altcoins? It's a bad idea. Owning 1 BTC is dream for many people including me. Hold it and don't use it to buy altcoins because altcoins will make you poorer and from 1 BTC you will have like 0.5 BTC, 0.2 BTC or 0.1 BTC in future with altcoins. You will lose your bitcoin if you don't hold it but invest it to altcoins.
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michellee
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June 13, 2023, 12:42:42 PM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
Only Bitcoin can be the best if it is for a long-term investment. But if you want to use it for short to medium term investments, you can invest in altcoins. But it's not easy to find altcoins because now there are more and more choices of altcoins and you might find it difficult to find them. I advise keeping your 1 Bitcoin and using the other money (if you still have other money) to invest in Bitcoin. And only use the money you can afford to invest in altcoins and don't use your Bitcoins to invest in altcoins because it's not worth it. And you should know that investing in new coins is a big risk because you don't know how well the new coins will do. It can give you two choices, which is profit or loss.
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jrrsparkles
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June 13, 2023, 07:03:32 PM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
I don't think any shitcoin is good for long term because most hyped coins only short lived or they just don't appreciate at all even with all the potential of it. But don't put all your eggs in one basket can be applied here too so if you're ready to lose 10% or 20% or the total 1BTC which is upto you can take your chances. I am not going to mention any names but I am gonna say what I will look, it shouldn't be called as next Bitcoin because we already have it then why we need the exact same thing to be existed which will eliminate 99% of shitcoins so there you may have some coins with actual utility.
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drwhobox
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June 13, 2023, 10:35:59 PM |
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The more flour you have, the more cake options you can make. The money you get from selling 1 BTC is very much, you can buy whatever coin you like based on personal research calculations. Investment advice has been widely shared in forums and you can find it on google based on the keywords you enter. My best advice is to save your 1 BTC until you can hold it, it's better than putting some money on a new coin that hasn't been fully tested in the market.
It is risky to invest any amount on altcoin without any research and experience. OP have very small amount of bitcoin so it is better not to lose his bitcoins since he don't have that much to lose, it is my opinion based on his thread. Though his title is different, but if he has 1 bitcoin he can invest in other coins by doing his research.
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Lagduf
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June 13, 2023, 11:50:09 PM |
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Then try to divide your money to invest in all of legit tokens. There are so many blockchain tokens in the market and you can invest in this kind of tokens proportionally. try to determine how many coins you want to invest with your bitcoin.
The hardest thing to pick the tokens to invest.
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lobo13hf
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June 13, 2023, 11:56:48 PM |
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just distribute your investment over various coins that has been down quite significantly but all ranked beyond 50 ranks and you're set. it's not that much of a difficulty honestly to invest if you have such capital, but the thing is, whether you'll be patient enough to wait until next bullrun.
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shinratensei_
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June 14, 2023, 12:27:58 AM |
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-snip- because I know this time is very crucial to invest in any new coin or even in an old coin.
So, from what point of view do you consider it crucial? Given that most of today's older altcoins are starting to be contested on some legal basis, I don't think it's a good idea to take advantage of this situation to get them even at a low price. And there is no need for other opinions to know about new altcoins, without complex research it is very risky. Final opinion: Just hold your 1 bitcoin i pretty much agree with this coin, just wait until things getting better first, we got all time in this world to accumulate since it seems the bullrun is nowhere to be seen and the lawsuit just make that bullruns seem so much further away again. i'd definitely recommend to just hold on the bitcoin that hi have wait until things get clearer and then decides when there is seemed to be some good chance of having good entry out there. after all the lawsuit aftermath will be massive in the future, its just that we are still at early stage of the chaos, hopefully though thats not gonna be happening and all things went well.
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Husires
Legendary
Offline
Activity: 1596
Merit: 1288
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June 14, 2023, 01:30:32 AM |
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At the present time, investing in bitcoin is the best option. There is not enough liquidity in the markets to make speculations in any new currencies, so you rarely find a digital currency that rises with excellent trading volumes in the short or medium term at the present time. But if I were you, I would invest in: - Ethereum.
- Dogecoin.
- AI-related coins with real use, especially those that have links to projects in the medical fields.
- Any investment that you think will achieve a return of about 10% during the next 3 months and can be quickly liquidated.
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Silberman
Legendary
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Activity: 2604
Merit: 1360
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June 14, 2023, 03:53:02 AM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
When it comes to the best coin in which you can invest for the long term there is no discussion to have at all, bitcoin is the best coin in the market and this is going to remain true for the foreseeable future, now another decent coin in which you could invest for the long term would be ethereum, but in my opinion it is not as good as bitcoin while the risks are higher as well, any other coin is not worth considering and I recommend to you that you forget about those coins.
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peter0425
Sr. Member
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Offline
Activity: 2744
Merit: 450
CryptopreneurBrainboss managerial service
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June 14, 2023, 04:05:00 AM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
You are already investing in bitcoin then why need to seek for another problem? you have a clear mind and you have also clean stand , and you already said that you have vested small amount in other coins so if you have 1 bitcoin? maintain that position lol. But if I were you, I would invest in: - Ethereum.
- Dogecoin.
- AI-related coins with real use, especially those that have links to projects in the medical fields.
- Any investment that you think will achieve a return of about 10% during the next 3 months and can be quickly liquidated.
safe choices huh? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) one ranking coin and one Meme coin ? well that is better to stand for long term .
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SaveOurSea
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June 14, 2023, 08:04:48 AM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
Investing in altcoins for now is indeed more profitable than in Bitcoin, and if you have 1 Bitcoin then sell it and you buy altcoins yes that's a good choice but also you have to know that altcoins have fundamentals, so you have to look for altcoins with good fundamentals if not want your capital to run out. I have an altcoin recommendation for long term and you can buy SOLVE on Kucoin.
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sulendra12
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June 14, 2023, 11:46:09 AM |
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I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin. Any suggestion from your side which is good for long term
1 BTC is a lot of money and if you want to choose what to invest then your answer is invest all on cryptocurrency then it's really risky. I'd prefer to split in half between investment(ETH, BNB and gold) and make my own business. Well, it's not everyone's game to do well in managing your own business but the struggle will be worth it once you know the grasp and fundamental of running your own business. Having different kind of investment and source of income is really great and it could serve as a backup once something bad would happened.
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