Your top 6 altcoins as a Nigerian

[Cryptomultiplier]

I will like to hodl 7 coins, I have invested 90% of my money on bitcoin which is more than just an investment but also an Inflation-resistant asset for me, so I am not selling at all.

The problem is that I need 6 altcoins that I can invest the remaining 10% of my money on. I have thought of sol, bnb and few other coins but I just want to hear the opinions from you all and know the good reason you invested or which to invest on the altcoins.

I do not trust altcoins, I can afford to lose the 10% money but I will not like that to happen.

The path you've choosen the right path, as much as many of us believe only in bitcoin, it's is a basic fact that it's not only bitcoin that will make investors profit, good altcoins can and will still make investors likely more profit than bitcoin would, the only advantage of investing in bitcoin now is that it's like a fireproof asset where investment won't fail to yield good result so long as the investor is patient enough, so we can say that the risk of investing in bitcoin is critically low, while the risk of investing in altcoins is higher and the height will depend on the altcoin choosen, but so also is the profit potentials.

Here are my personal choices when it comes to choosing altcoins to invest in for the long term.

1. BNB
2. Near protocol
3. Rhea finance
4. Ton
5. Maybe Solana, but I am very OK with the mentioned four.

Now that might not be up six, and the reason is investing in altcoin doesn't have anything to do with the number of alts choosen, it's about the quality of the alts you choose to invest in..
I may not also have mentioned why I choose four, but maybe you will make out time to do your own research on each of them and find out why yourself

This is where the importance of personal research counts, because the Nigerian market scape as concerns crypto currency is still growing and the priority right now should be coins that offer a good hedge against the devaluing Naira and must be high performance that's great for web3 development and great of course for trading activities.

For me, my picks would be Solana, Etherum, Tron, Binance coin, Chain link and am not so sure about Hyperliquid, but it still makes the list.

A pro tip is always to hold Bitcoin in a different self custody wallet, have some holdings of USDT or USDC in the polygon network or Solana network, because they may act as a serious defense against the volatilities of the altcoin market and devaluing Naira in essence.

[Ndabagi01]

If you’re looking for the best altcoins to invest into after making enough or more than enough investment in bitcoin, you should settle for the top six altcoins in the marekt value. Those coins that are occupying that positing have been their for a long time and their reasons for maintaining those spot is the value they have in the cryptocurrency glabal marekt, and the resistivity they had in the long time in the marekt during when markets are faced with downturns. In short, they’ve tested the marekt during the good and bad times and have been able to maintain their position still in their marekt cap. They are the best to go for and don’t fall for hypes and fake promises of new coins.

[Agbam]

I will like to hodl 7 coins, I have invested 90% of my money on bitcoin which is more than just an investment but also an Inflation-resistant asset for me, so I am not selling at all.

The problem is that I need 6 altcoins that I can invest the remaining 10% of my money on. I have thought of sol, bnb and few other coins but I just want to hear the opinions from you all and know the good reason you invested or which to invest on the altcoins.

I do not trust altcoins, I can afford to lose the 10% money but I will not like that to happen.

Since you’re already holding 70% of your money (discretionary I think) in bitcoin, I don’t really see why you want to risk investing in the Altcoin. You can just add it up to your Bitcoin holdings.

But if you still want to try your luck with the Altcoins, you have to really look at as a gamble, you might get lucky and you might lose it all or not see the desired profits.

Look at the ETH we might say it’s the strongest Altcoin but the performance isn’t that strong, but it still has potentials and then Solana, BNB. XRP hasn’t been doing so well.
I don’t really trust Altcoins again..my advise is stick with bitcoin.

[coinlary]

These are all the coins listed so far but I excluded Chamby for now:

ETH
SOL
BNB
LTC
XRP
optimism
MNT
ADA
TAO
RNDR

I don't know  if you have really seen or checked the growth of XRP for so many years. Although it's still not bad as an Altcoin. You can try dogecoin & TRX too but I'm  not giving you any guarantee of not loosing your money. Alot of Altcoins might really crumble in the coming years but until then I think they can still have a blast for one more time.

[Marykeller]

For you not to trust altcoins is the best thing you are doing for yourself because altcoins would make you lose money that you would even think whether you will at a point recover your losses.

From the altcoins you picked to invest in below, the altcoins I will choose for you are, Solana, BNB, XRP, and RNDR. The rest of the altcoins I didn't mention from the ones you chose, I invested in them last year, I saw how their market performance was, it wasn't encouraging to really invest in them again. You can try your luck in them but do know that altcoin season is not guaranteed again in the market. People's focus is on Bitcoin, which I know occupies a good percentage of your portfolio

These are all the coins listed so far but I excluded Chamby for now:

ETH
SOL
BNB
LTC
XRP
optimism
MNT
ADA
TAO
RNDR

[Joy- maker]

These are all the coins listed so far but I excluded Chamby for now:

ETH
SOL
BNB
LTC
XRP
optimism
MNT
ADA
TAO
RNDRy

We still have Chamby which its team have continuously demonstrated desire for long-term growth, good thing it is here in the forum, so you can monitor progress by yourself

I will look into the coin but I do not like new projects because I have lost significant amount of money on many new coins. Let us see what other people will comment about Chamby on this thread.

You just excluded a token that has a lot of potentials. If you ask me, I would advise you invest part of the 10 percent in Chamby even though it is a new project. Chamby token is quite different from the regular tokens I usually see out there, and it has strong potential to become a future store of value.

Note, I no dey sweet mouth you. I am already holding a large amount of chamby in my Tonkeeper. However, a few of the altcoins you listed have potential, while the rest are high risk high reward, so chose wisely my friend.

[TokenTikas]

I will like to hodl 7 coins, I have invested 90% of my money on bitcoin which is more than just an investment but also an Inflation-resistant asset for me, so I am not selling at all.

The problem is that I need 6 altcoins that I can invest the remaining 10% of my money on. I have thought of sol, bnb and few other coins but I just want to hear the opinions from you all and know the good reason you invested or which to invest on the altcoins.

I really like your investment approach because after putting 90% into bitcoin, using the remaining 10% for altcoins is actually a smart plan. Just try to focus on solid altcoins with good potential.

Apart from investing in bitcoin, I’m also doing small-scale investments in some altcoins like (BNB, ETH, SOL, SUI, XRP, and LTC). You can also check them out and, if any of them match your interest, you can start investing based on your own choice and research.

[Lenubari]

I don't know  if you have really seen or checked the growth of XRP for so many years. Although it's still not bad as an Altcoin. You can try dogecoin & TRX too but I'm  not giving you any guarantee of not loosing your money. Alot of Altcoins might really crumble in the coming years but until then I think they can still have a blast for one more time.

The crypto space have been really one of the hectic grounds to get involved with. I agree with you to an extent. XRP has really underperformed compared to the expectations many people had years ago, even though it still remains one of the strongest surviving altcoins. Dogecoin and TRX have also shown they can surprise the market during bullish periods, but the truth is that investing in altcoins always comes with serious risk. Most of them depend heavily on hype and market sentiment, which is why many may not survive long term.

That said, there’s still a chance for another major altcoin rally before the market fully matures. The key is knowing when to take profits and not getting emotionally attached to any coin.

[Hypnotizer]

I will like to hodl 7 coins, I have invested 90% of my money on bitcoin which is more than just an investment but also an Inflation-resistant asset for me, so I am not selling at all.

I like the diversification approach you’ve chosen even though Bitcoin is the best, it’s good you want to somehow diversify and risk the 10% of your portfolio by investing them in Altcoins.

The problem is that I need 6 altcoins that I can invest the remaining 10% of my money on. I have thought of sol, bnb and few other coins but I just want to hear the opinions from you all and know the good reason you invested or which to invest on the altcoins.

I don’t actually own any Altcoins right now but let me rank the six altcoins based on my personal preference on the Altcoin market..

Let’s get the ranking started:

ETH
BNB
SOL
LTC
SUI
XRP

These are the altcoins are can think of but don’t forget to DYOR a lot about them before investing.

I do not trust altcoins, I can afford to lose the 10% money but I will not like that to happen.

Nobody would like see lose 10% of his portfolio but I like the fact you’re ready for whatever the outcome might be.

[Karl_3000]

These are the coins that everyone has mentioned. If you think the one you mentioned is not there, you can let me know.

Chamby is part of the ones mentioned but I did not include it. If there is any good reason to include it, you can let me know.

ETH
SOL
BNB
LTC
XRP
optimism
MNT
ADA
TAO
RNDR
Near
Rhea finance
Ton
Cardano
Chain link
Dogecoin
Hyperliquid
LTC
SUI

1. BNB
2. Near protocol
3. Rhea finance
4. Ton
5. Maybe Solana, but I am very OK with the mentioned four.

Now that might not be up six, and the reason is investing in altcoin doesn't have anything to do with the number of alts choosen, it's about the quality of the alts you choose to invest in..
I may not also have mentioned why I choose four, but maybe you will make out time to do your own research on each of them and find out why yourself

Yes, not up to six but other members are also giving their own suggestions which will make it to be more than six.

I have been hearing about Near, it is a good coin and their developers makes it quantum resistant faster.

[Kelward]

I do not trust altcoins, I can afford to lose the 10% money but I will not like that to happen.

I de very glad say even though say you want to invest 10% if your investment funds inside altcoins you de specific say you no trust dem and e de good say you clarify that fact because you no fit to compare any altcoins to Bitcoin. I don see di list of altcoins wey you drop bellow and I quite agree with your selection because I consider most of dem as top altcoins, no need to add to di list because dem even de too plenty for my liking.

I wish you good luck as you make your best selections especially from di top of your list and make you remember say na amount wey you fit to loose na im make you take de accumulate dem. Inasmuch as up to 90% of your investment funds de for Bitcoin wey sure pass all of dem e still make sense say you take small percentage of di money to try your luck for altcoins.

[Perfectbaby]

Since you have already hold bitcoin with about 90 percent of your discretionary income while the remaining 10 goes to altcoin is also good, but to me I wouldn't be that too eager to hold altcoin instead holding Bitcoin be much more better. When you have experience with altcoin you can never think of including them their to portfolio, thus, there are people who are solely dedicated of holding altcoin and to every little coin that just launched they wouldn't mind rushing to invest and after some weeks you would see them complaining about how they have been rug pulled, meaning it's greed that leads them into that.