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Author Topic: Which coins are advantageous to invest in now  (Read 1951 times)
Essential10
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March 19, 2024, 10:57:05 AM
 #61

There are so many different types of coins nowadays, but I don't even know how I should choose anymore. Do you guys have any good advice?

There are a lot of coins in the market but one major problem is that during the bear market most of this coins become very difficult to come up , hence the need to be extremely very careful in choice of coins to invest, Bitcoin has been the head of all coins and has been doing very well, however the choice of coins also depends on individual choice of investment plan whether Short term or long term, which has different risk tolerance level, for other coins ETHEREUM is also doing very well, but is best you do you own research to know what is best and suits your risk and financial ability.
Next month bitcoin will be halving, bitcoin has started to take correction and bitcoin price has dropped between $63k-$64k. Due to this fall in bitcoin price top coins like ethereum, bnb, solana are entering bear market with lot of corrections. Also almost most of the top alt coins have started to take corrections. Now, i think in the current market it wouldn't be too bad to take an entry in Bitcoin or the top altcoins. Although coins are always a personal preference the best way forward to invest. I think now is the right time to invest in the top coins and hold on as the bullrun starts after the bitcoin halving and the top altcoins will yield good profits.
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March 19, 2024, 11:07:24 AM
 #62

There are so many different types of coins nowadays, but I don't even know how I should choose anymore. Do you guys have any good advice?

There are a lot of coins in the market but one major problem is that during the bear market most of this coins become very difficult to come up , hence the need to be extremely very careful in choice of coins to invest, Bitcoin has been the head of all coins and has been doing very well, however the choice of coins also depends on individual choice of investment plan whether Short term or long term, which has different risk tolerance level, for other coins ETHEREUM is also doing very well, but is best you do you own research to know what is best and suits your risk and financial ability.
Next month bitcoin will be halving, bitcoin has started to take correction and bitcoin price has dropped between $63k-$64k. Due to this fall in bitcoin price top coins like ethereum, bnb, solana are entering bear market with lot of corrections. Also almost most of the top alt coins have started to take corrections. Now, i think in the current market it wouldn't be too bad to take an entry in Bitcoin or the top altcoins. Although coins are always a personal preference the best way forward to invest. I think now is the right time to invest in the top coins and hold on as the bullrun starts after the bitcoin halving and the top altcoins will yield good profits.
One thing about making investments is knowing the most perfect point to make an entry, in terms of Bitcoin and some top Altcoins, every point maybe profitable but there should be a time that deserves much purchasing power than usual and it is just what we facing now, in this deep market correction it is highly recommended to purchase at this point. The price may keep going down or upwards , there is no certainty yet but instead of just waiting, it's good to seize this opportunity and begin accumulating more Bitcoin and top Altcoins (Ethereum specifically)

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March 19, 2024, 12:56:49 PM
 #63

As you know, everyone in here will give you good information to find a good coin, like doing research, checking their team, their vision, risk management, and so on. Tongue For me, that is a good way, not bad, but for a lazy person like me, I prefer to see the project show up most in signatures on the forum, then research it. Cheesy  Roll Eyes

 
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March 19, 2024, 02:50:44 PM
 #64

I think investing in Ethereum and Solana is the most reliable of the alt coins right now.  Because altcoins are likely to start at the end of a bull run.  In this case, the price of Ethereum has increased a lot now. The price of Salana is also expected to increase.  For this if anyone wants to invest in alt coin now then invest in ethereum solana and bnb.  Moreover, the price of other alt coins is also likely to increase, but it is better not to say anything about other altcoins specifically.
Ethereum is undoubtedly worth buying at any moment, Solana and BNB both of also top ranking coins and good project, Sol increasing tremendous but i don't want to buy it such price because it can be go down and bnb is also same because those two coins now so expensive, Bitcoin is good to invest right now instead of altcoins.

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March 19, 2024, 03:10:41 PM
 #65

Currently bitcoin price is dumping, so all other good alt coin prices are starting to drop along with bitcoin, this can be a good opportunity to invest, you just wait a bit more for the price to drop. When the price drops you will no doubt have ETH, BNB, SOL, plus many better alt coins that you can invest in.

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March 19, 2024, 03:15:59 PM
 #66

There are so many different types of coins nowadays, but I don't even know how I should choose anymore. Do you guys have any good advice?
You shouldn't take any advice given you here hook, line and sinker, including mine as a financial advice. Verify for yourself. Take whatever anyone says here as hints and then do the research yourself. If you don't, others will end up shilling tokens they're hodling for you to get in. Anyway, if you want a coin to buy that won't get you worked up after investing once it dips, get Bitcoin. Another coin, get Bitcoin again. Bitcoin has come to stand out as a sure coin that won't disappear overnight. Investment in it may not give you the type of ROI most alts and memes will give but it will surely put a smile on your face on the long run.

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strunberg
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March 19, 2024, 04:10:04 PM
 #67

There are so many different types of coins nowadays, but I don't even know how I should choose anymore. Do you guys have any good advice?

Currently I personally invest in the RWA sector because I think it will be one of the sectors that will trend in Q2 2024. I invest in TokenFi, Manta and Ondo. This is not financial advice. And I prefer if you invest with your own choice. Even the project I choose also has a risk of loss. So research and study the projects given by everyone here.

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March 19, 2024, 05:01:27 PM
 #68

I think investing in Ethereum and Solana is the most reliable of the alt coins right now.  Because altcoins are likely to start at the end of a bull run.  In this case, the price of Ethereum has increased a lot now. The price of Salana is also expected to increase.  For this if anyone wants to invest in alt coin now then invest in ethereum solana and bnb.  Moreover, the price of other alt coins is also likely to increase, but it is better not to say anything about other altcoins specifically.
Ethereum is undoubtedly worth buying at any moment, Solana and BNB both of also top ranking coins and good project, Sol increasing tremendous but i don't want to buy it such price because it can be go down and bnb is also same because those two coins now so expensive, Bitcoin is good to invest right now instead of altcoins.
Just like Bitcoin, one has to be extremely careful in purchasing all these mentioned coins, or else, the person would regret his decision. Though te regret may not be in the form of losing but in the form of gaining nothing serious over time. Bitcoin, and Ethereum, but save SOL, are not my choices, even though, SOL is becoming more discouraging to purchase day by day, it is still better compared to the others. For me, the best coins/tokens to buy now are the ones with promising price hikes, and I mean those that can still do at least 5 times what their current price states.

Thankfully, the whole crypto board is bearish for now, which means an added advantage for those who want to still catch the flight at some somewhat reasonable prices. To achieve better success, the lesser cryptos like MEME, BONK, AI, BOME, IQ, RAY etc might be good choices, and even the OP itself will not regret it over time.

Please note that this is just a view, it may or may not happen, so it's better you continue to do your own research.

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March 19, 2024, 05:44:02 PM
 #69

There are so many different types of coins nowadays, but I don't even know how I should choose anymore. Do you guys have any good advice?
If you're having a hard time picking on which coins you should invest in crypto, just buy Bitcoin.
If you can't handle the stress of picking which coin you should invest your money with, just buy Bitcoin.
If you're a newbie in investing in crypto, and you don't know which coins you should invest, just buy Bitcoin.

Whatever happens, prioritize buying Bitcoin. Don't focus on those altcoins out there because you might pick a coin that's a scam coin or a dead coin. I know that this has been posted on Altcoin Discussion, but if you're a newbie, and you don't know what coin to invest, go with Bitcoin and you will never go wrong. Smiley Now if you really want to invest into an altcoin then Ethereum is the one that I will say, and recommend because... why not? I mean it's the 2nd highest market cap for a very long time already. The community behind it is very huge, and I can consider it as an "established" coin already since it has been there for a very long time. The developers are constantly upgrading, and I don't see this project stopping anytime soon. For me, this is the best altcoin to invest for newbies.

My advice? Just focus on top coins, and don't stress yourself too much. Take care of your mental health as well.

 
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March 19, 2024, 08:19:55 PM
 #70

There are so many different types of coins nowadays, but I don't even know how I should choose anymore. Do you guys have any good advice?

     In these cases, I can say a lot, but I won't say it. It's up to you to look for the opportunities in Coingecko or CoinMarketCap; you should discover and know them yourself. Because of that, you can see for yourself if you are really serious about what you are doing and want to learn about it in the crypto space.

     At least I gave you a platform where you can choose the coins you want to use your capital on if you have the money to invest in the ones you see on those, as long as they are in the top 50–100 on the platforms I gave.

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March 19, 2024, 09:05:38 PM
 #71

I think investing in Ethereum and Solana is the most reliable of the alt coins right now.  Because altcoins are likely to start at the end of a bull run.  In this case, the price of Ethereum has increased a lot now. The price of Salana is also expected to increase.  For this if anyone wants to invest in alt coin now then invest in ethereum solana and bnb.  Moreover, the price of other alt coins is also likely to increase, but it is better not to say anything about other altcoins specifically.
Ethereum is undoubtedly worth buying at any moment, Solana and BNB both of also top ranking coins and good project, Sol increasing tremendous but i don't want to buy it such price because it can be go down and bnb is also same because those two coins now so expensive, Bitcoin is good to invest right now instead of altcoins.

Ethereum is the most trusted and reliable coin to invest, reason is because there are some projects inside ethereum that is doing absolutely well till now, considering the numbers of people that is currently trading with ethereum,that's to show how trusted and reliable ethereum is,and is obvious that ethereum has a potential to increase even more.

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March 19, 2024, 11:26:34 PM
 #72

Ethereum is the most trusted and reliable coin to invest, reason is because there are some projects inside ethereum that is doing absolutely well till now, considering the numbers of people that is currently trading with ethereum,that's to show how trusted and reliable ethereum is,and is obvious that ethereum has a potential to increase even more.
No doubt that Ethereum is used as the standard for altcoins. It has done tremendously well also in helping new projects spring up but its gas fee is the discouraging factor for its growth. Investors are often happy whenever new projects are birthed to do what ETH can do at reduced rates. It was excitement when the Binance Smart Chain (BSC), Polygon, even Arbitrum launched. Let's wait and see if they can truly become the ETH killer or replacement in years to come.

As for ETH, despite how strong I think it's with its utility, I don't patronize it beyond hodling the native coin but not buying tokens in its chain because of high gas fee.

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March 20, 2024, 12:00:04 AM
 #73

Currently bitcoin price is dumping, so all other good alt coin prices are starting to drop along with bitcoin, this can be a good opportunity to invest, you just wait a bit more for the price to drop. When the price drops you will no doubt have ETH, BNB, SOL, plus many better alt coins that you can invest in.

I was thinking of the same thing. The market is dipping at the moment, and we don't know where it will go. So it is probably better for altcoin investors to hold their horses for now and wait for a few days to see how deep the correction will go because altcoins tend to lose value very fast, so if someone invests in altcoins right now and then Bitcoin drops more value, they will lose a lot of value with it.
This is why, I would suggest that people either do DCA, or wait for a few days to see where the market ends up at and then they should decide which cryptocurrencies they should invest in.









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March 20, 2024, 01:42:19 AM
 #74

Currently bitcoin price is dumping, so all other good alt coin prices are starting to drop along with bitcoin, this can be a good opportunity to invest, you just wait a bit more for the price to drop. When the price drops you will no doubt have ETH, BNB, SOL, plus many better alt coins that you can invest in.

I was thinking of the same thing. The market is dipping at the moment, and we don't know where it will go. So it is probably better for altcoin investors to hold their horses for now and wait for a few days to see how deep the correction will go because altcoins tend to lose value very fast, so if someone invests in altcoins right now and then Bitcoin drops more value, they will lose a lot of value with it.
This is why, I would suggest that people either do DCA, or wait for a few days to see where the market ends up at and then they should decide which cryptocurrencies they should invest in.

Can you tell me why everyone prefers to invest in existing altcoins instead of buying those that have real investment potential?  I mean altcoins that are backed by real assets and developments?  For example, this one
https://token-assets.com/#about
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March 20, 2024, 02:50:55 AM
 #75

There are so many different types of coins nowadays, but I don't even know how I should choose anymore. Do you guys have any good advice?
1. ETH, 2. BNB, 3. SOL
In my opinion, these three coins are the best altcoin choices that can be invested in the long term. You can see how the performance has been in the last few years. Even those who don't know more about crypto or are new to it, without needing any considerations, they can immediately invest there.
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March 20, 2024, 03:42:01 PM
 #76

There are so many different types of coins nowadays, but I don't even know how I should choose anymore. Do you guys have any good advice?

Looking for good crypto investments beyond BTC and ETH? Here are a few to consider:

BNB**: Backed by the popular Binance exchange, it's known for its utility and scalability.
Arbitrum**: A layer 2 solution that improves Ethereum's efficiency.
Solana**: Fast transactions and low fees make it a user favorite.
Dogecoin**: Its popularity and community support keep it in the spotlight.
Toncoin**: Integrates with Telegram, offering unique use cases.
- **Polygon**: Enhances Ethereum's capabilities and offers various applications.

These coins have strong communities and technologies. But as always, the crypto market is unpredictable, so do your homework and consider professional advice before investing. Stay informed and invest wisely! 😊

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March 20, 2024, 03:53:23 PM
 #77

There are so many different types of coins nowadays, but I don't even know how I should choose anymore. Do you guys have any good advice?

Currently, it is very difficult to determine which coin we should choose as an investment because market conditions are currently in an upward trend following the growth of Bitcoin prices. However, you can look at coinmarketcap in the top 50 and above because some of them definitely have potential coins and will increase in the future. but if people don't look at memecoin then I suggest otherwise. because for long-term investments memecoin can provide 100x profits from other coins. and many people have proven it.

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March 20, 2024, 04:00:11 PM
 #78

Now the market is down and we need to wait and see where the market will move next. So far I'm sitting and trying my luck on fairspin platform, so far it's not bad to get some money for further investments
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March 20, 2024, 04:21:27 PM
 #79

As you know, everyone in here will give you good information to find a good coin, like doing research, checking their team, their vision, risk management, and so on. Tongue For me, that is a good way, not bad, but for a lazy person like me, I prefer to see the project show up most in signatures on the forum, then research it. Cheesy  Roll Eyes
I think many of us here are just after making the profits without being ready to do research that would help us to make money in the market. If we know what we are doing, we could always make money from investing in Bitcoin and other coins without difficulty because surely the token we are holding is going to give us profits because we are in the market and since the price of Bitcoin is on a bull run, sure the price of tokens will keep going bullish for users to make money and hold for more profits.

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March 20, 2024, 05:20:00 PM
 #80

Now the market is down and we need to wait and see where the market will move next. So far I'm sitting and trying my luck on fairspin platform, so far it's not bad to get some money for further investments
Market movements can vary at any given moment, but the Bitcoin market has been trending downward for the past two days. Along with Bitcoin, we can see top altcoins including Ethereum, BNB, Solana falling in price.  Personally I think altcoins like Ethereum and BNB have taken a lot of price corrections, I don't think it would be a bad decision to try your luck investing in these two coins. This is because the coin can make two new highs when a bull run begins after the Bitcoin halving.
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