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Author Topic: Where did u put your Money ?  (Read 1222 times)
MFahad
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February 21, 2024, 04:53:53 PM
 #41

I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %


Who gives you this idea? I think newbies can give such kind of advice. 0.0001$ price mean that token have huge supply and large money needed to kill zero and chances of dump is also there. Most of such tokens are memes coins which have no usecase. I will advise to make a quality potential projects list regardless of price. When whales start to accumlate any token they don't look for price. Watch out TIA, Auction and many other coins.


Quote

For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?

Yes you have done a right decision,60 percent of your investment are secure. I have invested most of my investment in the Ethereum and 40% using for just airdrop purpose (adding liquidity, staking and other short term task). I staked some Keplr wallet tokens also like Atom, osmosis and TIA









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February 21, 2024, 05:25:41 PM
 #42

Investing in low value altcoins makes no sense if you are doing it without checking the total supply as it's a common misunderstanding that the coin which is priced very less let's say sub set of $1 have more chances of increasing by multi folds which is incorrect, for example people used to say the same for SHIBU but those who knows about how the market works will be aware that it can never reach $1 looking at it's supply. Bitcoin investment is good option which I am aligned.









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February 21, 2024, 06:01:14 PM
 #43

If you are investing in altcoins you don't have to invest for short term but long term investment so that the dip you will buy will be a good profit for you in the years to come.

I doubt that investing for long term In some altcoins is a good idea. Oftentimes some altcoin can't withstand the market and after a short period they'll just remain stagnant of price start crashing due to poor management. Not every coin in the market is worth investing as it could be the first project of the developer without proper management skills. Irrespective of the fact that the coin gets listed in an exchange after passing through all the KYC procedure does guarantee that it's here to stay.

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Romeotom
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February 21, 2024, 06:30:22 PM
 #44

It looks like you want to buy a lot of tokens at a very low price which is actually pointing towards memecoin. If you want the best investment in crypto then stay away from memecoin because you can wait hundreds of years to invest here just to sell. You can buy good altcoins that have low risk and high return. There are many people who can tell you the same so research how dangerous memecoin is.

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February 22, 2024, 02:14:26 AM
 #45

I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %


For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?


Investing in altcoins is more like gambling than investment irrespective of the fact that every investment comes with it's shares of gain and lost Bitcoin is on a better side compared with altcoins, now Why altcoins is for Short term profits maximization Bitcoin is better for long term, apparently we have different individuals level of risk tolerance, aims and objectives, understanding who you are and what you want is what will give you that peace of mind which is paramount. For me I have been allocating 10% of my income in Bitcoin monthly.
The same thing, if it is investment in general. Both Bitcoin and altcoin market prices are volatile so how come investing to one is gambling while the other is not? There will always be a risk of losing money in any kind of investment. And with this industry, it is a matter of decision making. You will only or completely lose once a decline with the market price happened and you choose to sell at that point. As long as you are holding and as long as there's a considerable amount of volume then hope should still be there with what coin you have invested in whether it is Bitcoin or altcoin. I get the point that major tokens are percieved to be more assuring when it comes to profit however, technically those are all the same. Especially during bullrun, majority of tokens' market price are affected and are following the tide.

You may refer to price charts to check for yourself and try to compare the price direction of a certain coin you are interested with. Not all altcoins are indeed a good choice but that's because of the project'e progress and popularity; you won't engage into one which is not even known by many right?

On the contrary, you shouldn't be comparing Bitcoin investment to altcoins reason being that altcoins performance completely depends on Bitcoin and they don't have same principle of operation, yes you can get profits or loss in both but in the risk level check and balance altcoins involvement in more risky why Bitcoin is less risky the reason why it is considered more like gambling than investment, majority of the altcoins are just for pump and dump. Why altcoins stands for quick profit maximization Bitcoin stands for accumulation of wealth for future profits maximization. Bitcoin investment is more like a save heaven compared to altcoins because with your dca accumulation method in Bitcoin investment an investor is much relaxed in navigating volatility which is inevitable. Come to the thread buy the dip and hold by JJG for more clarifications.

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February 22, 2024, 03:38:04 AM
 #46

I have about 80% in Bitcoin. 15% or so is in ETH, there rest in ADA, and a few small altcoins. I'm not really a risky person.
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February 22, 2024, 05:14:34 AM
 #47

I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %

From a coin worth $0.00001 to a coin worth $0.01 is not an easy thing at all because usually, cheap coins like that have a supply that can be said to be unlimited, and if you follow the development of Dogecoin then this coin has had a very cheap price for about a decade ago and being able to reach the current price took a long time and not all coins like Dogecoin can last long enough and the support factor from the community makes this coin last a long time and reach the high price it is today, and for now you will have difficulty getting coins like that unless the coin is chosen by the dump and pump group so that it gets crazy pumping and after that it will also be dump until it has no value.

For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?
In my opinion, a higher percentage to BTC is a good choice, although it cannot be denied that altcoins provide greater profits, you just have to be good at reading and also diligently follow crypto developments so you can judge which coins will provide fantastic profits.

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February 22, 2024, 06:07:01 AM
 #48

I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %
I think this is laughable, are you really serious about this, this is the exact thing most influencer nowadays are using to deceive investors to invest heavily in meme coin instead of Bitcoin, by telling them that they will actually going to be a millionaire or billionaire if the coin they bought at the price of 0.000001 rose up to 1 dollar, which they themselves knows that it's unrealistic and almost impossible, expecially for a meme coin.

But it's still up to you to know what is good for you, because the knowledge I have gotten about this meme coin and how they operate can't make me invest in them, unless I just feels like gambling, because that's what they actually are.

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February 22, 2024, 07:11:08 AM
 #49

I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %
I think this is laughable, are you really serious about this, this is the exact thing most influencer nowadays are using to deceive investors to invest heavily in meme coin instead of Bitcoin, by telling them that they will actually going to be a millionaire or billionaire if the coin they bought at the price of 0.000001 rose up to 1 dollar, which they themselves knows that it's unrealistic and almost impossible, expecially for a meme coin.

But it's still up to you to know what is good for you, because the knowledge I have gotten about this meme coin and how they operate can't make me invest in them, unless I just feels like gambling, because that's what they actually are.
but what needs to be appreciated is that 60% is invested in bitcoin, actually before looking for altcoins with low prices and potential, I don't think there is a need to put the remaining 40%, but we can put some of it in altcoins that are already established, or altcoins at the top, so it will be even safer for managing our capital. On the other hand, if we speculate as the OP explained, we should use a small portion of capital, so as not to be disappointed

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February 22, 2024, 07:32:27 AM
 #50

It looks like you want to buy a lot of tokens at a very low price which is actually pointing towards memecoin. If you want the best investment in crypto then stay away from memecoin because you can wait hundreds of years to invest here just to sell. You can buy good altcoins that have low risk and high return. There are many people who can tell you the same so research how dangerous memecoin is.
Yes, Op actually wants to profit from cheap coins so he can make big profits. Actually, there is no problem if Op continues to follow the coin he is targeting by always reading developments, but this is not recommended for long-term investment. Because most coins like this will not last long, some even have no value at all.
The point is, if you buy memecoin coins, if you have made a big profit, it's better to just get out of memecoin coins because this coin project is not for the long term, don't ever follow your lust to double your profits again. To invest in crypto for the long term, it's a good idea to increase the percentage to BTC and the rest to altcoins that have fundamentals, so that even if we hold it for the long term it will be better for our finances in the future.

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February 22, 2024, 09:03:05 AM
 #51

I spread my money across difference alt-coins including Bitcoin, which is Bitcoin is the major coin I put my money into, while the remaining part is on alt-coins in the cryptocurrency market.  
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February 22, 2024, 10:01:58 AM
 #52

I have about 80% in Bitcoin. 15% or so is in ETH, there rest in ADA, and a few small altcoins. I'm not really a risky person.
This is an ideal setup of portfolio. You don't have to risk that much with your money if you think that you're in a safe haven.

Having 80% in Bitcoin is a good choice that you have to keep until the bull run comes and when you're ready to sell.

And with the rest of altcoins that you're holding. You're free to add anything that you want to based on your opinion if they're going to make that much. But if not, it's just best to stay with what you currently have.

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February 22, 2024, 10:20:17 AM
 #53

I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %


For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?

If I'm thinking about gambling there's nothing more than just a lot of people labeling themselves as investors Smiley , no matter what you hold if the strategy is not clear then the game is just ambiguity in the process opportunity finder (and just stop at finding luck)

The investment process in this market helped me realize many different lessons, from making profits or accepting losses. Don't be too dreamy about when the investment will make a profit (money), there is another thing that is knowledge that I think many people leave open or they are simply passive and dependent on surrounding factors. Maybe you choose that, yes that's your decision and you should just do it because the journey to the end will answer you. The element of independence is the same in any environment, there is no specific formula or model that will bring opportunities to everyone Smiley , whether it is memecoin, sh*tcoin, bitcoin,... they are There are both supporters/opponents. As long as you adapt and find the right balance with your investment, not just faith. The nature of volatility is always an opportunity, whether short-term, medium-term, long-term, it always has opportunities/risks associated with it, still the old problem "individual responsibility for investment" .









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February 22, 2024, 01:01:53 PM
 #54

I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %


For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?
OP if you are thinking that bitcoins are good to invest because of high profit, then it is not profitable at all. We know that Bitcoins are mostly scams and once they increase in value, they can drop in value at any time and an investor can face huge losses. If you keep 60% of your money in bitcoin it is not risky, but when you invest some of your money in sheetcoin it is risky. I have never invested in sheetcoin with the expectation of high profit as it is risky but investing in Bitcoin is definitely profitable.

R


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February 22, 2024, 01:41:44 PM
 #55

I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %


For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?

As of the way the entire crypto network is and always ever getting congested each day, we should be very careful and being mindful on where we put our investment to, bitcoin is the major asset that we must all endeavor to afford at first before considering any other asset for an investment, however, we should also make use of a non custodial storage in holding this our bitcoin asset in other to be completely safe and free of any possible attack or threat.



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February 22, 2024, 01:46:24 PM
 #56

I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %


For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?
I think this strategy is unprofitable. You need to know more about an asset than its value.
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February 22, 2024, 07:54:34 PM
 #57

I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %


For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?
May advise for you is to stick to Bitcoin if you don't have good ideas about altcoins and how they would and fall also.
Based on you explanations, things doesn't work like that easily, it mostly take longer time for a coin that has a price of 0.000001 to reach 0.001. The zero is plenty and it's going to take longer time for such coin to reach the level you think it's going to reach.
Just like Bitcoin has been moving gradually these days, some altcoins are the opposite, they take longer time to move.









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February 22, 2024, 07:58:40 PM
 #58

If you are investing in altcoins you don't have to invest for short term but long term investment so that the dip you will buy will be a good profit for you in the years to come.
Investing in altcoins for a long term isn't a guarantee that you're going to make profit no matter how long you have to wait if the coin doesn't have the potential to gain value to bring ROI to the investor then it's all a waste of time. More importantly altcoins are not advisable for a long term plan but rather they are much desirable for short term investment if you're lucky to decipher a coin with a growth potential.
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February 22, 2024, 08:56:36 PM
 #59

If you are investing in altcoins you don't have to invest for short term but long term investment so that the dip you will buy will be a good profit for you in the years to come.
Investing in altcoins for a long term isn't a guarantee that you're going to make profit no matter how long you have to wait if the coin doesn't have the potential to gain value to bring ROI to the investor then it's all a waste of time. More importantly altcoins are not advisable for a long term plan but rather they are much desirable for short term investment if you're lucky to decipher a coin with a growth potential.


But there is possibility that you will make it if you invest in long term because if you invest in short term you can't make profit from it because at that time it is still in the observation stage for many investors. And that is why I said it is good for the investor to wait for a long period of time before harvesting the investment. Though if you are that type that only invest in short term and got your small profit from it but if you are looking for good profit then you have to endure.

Like some said when Solana coin came he invest in it and the price hit $300 but later in a short period of time the price drastically changed and come to to $10. And with that anger he sold all the coins and after some years, now the coin is rating $150+ again and he is now angry again that he sold all the coins. And that is impatient.

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February 22, 2024, 09:09:53 PM
 #60

I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %

How do you manage to get coin with such profit. Altcoin with such profit is a rear gem and isn't easy to find. Buying coin with such a lesser price doesn't guarantee profit. Alot of research have to be made before investing, if not one will eventually lose his/her hard earn money to scam project.


For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?

It's good you also invested in BTC. Altcoin can't do it alone. No matter the research you made before investing in altcoin, one can still fall of victim of scam if care is not taken. That is why investing in BTC is always the best.

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