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Author Topic: How can I choose which cryptocurrency to invest in?  (Read 15734 times)

Offline yohananaomi

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Re: How can I choose which cryptocurrency to invest in?
« Reply #165 on: April 30, 2024, 01:55:15 AM »
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
The simple way to do is  check top 10 in coinmarketcap. These coins would be safer for investment compared to others. One can also research on his own on various coins before going for investment. But be careful in investing new coins.
There are those who really want to analyze first before making their choice, but if there are those who don't want to analyze, they can and there are facilities at CMC for only the best ranking to be selected, especially those with potential. Ultimately, it's up to us to decide where we want to place our funds, but I agree with not prioritizing new coins because they haven't been tested compared to existing potential coins.

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Re: How can I choose which cryptocurrency to invest in?
« Reply #165 on: April 30, 2024, 01:55:15 AM »

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Online bounceback

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Re: How can I choose which cryptocurrency to invest in?
« Reply #166 on: April 30, 2024, 02:51:20 AM »
I think many aspect have to check for investing in which one cryptocurrency from transaction volume until the current standing at CMC are top 50 standing or not. Transaction volume in daily day or monthly in one cryptocurrency is very important when lack or decreasing of transaction volume easily for delisting on top exchange market, be careful when investing in some coins with lower transaction volume.
Important side have to check with team advice behind the project coins team, we don't know how trust them and make more analyze when investing in some coins.

Online Litzki1990

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Re: How can I choose which cryptocurrency to invest in?
« Reply #167 on: April 30, 2024, 04:32:04 AM »
There are many coins in the market and not all coins are reliable for investment so you need to find a reliable coin first and when you find a reliable coin you can invest in that coin whenever you want with any amount of money. Just as you can invest in Bitcoin, there are some reliable ALT coins in the market that you can invest in. If investing in Bitcoin then of course you are investing in a reliable investment platform but if you want to invest in ALT coins then you need to find good coins and then invest there. When it comes to investing in ALT coins, you can have some important coins including Ethereum BNB in your list of choice which coins will definitely protect your money.

Offline yohananaomi

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Re: How can I choose which cryptocurrency to invest in?
« Reply #168 on: May 07, 2024, 06:46:50 AM »
I think many aspect have to check for investing in which one cryptocurrency from transaction volume until the current standing at CMC are top 50 standing or not. Transaction volume in daily day or monthly in one cryptocurrency is very important when lack or decreasing of transaction volume easily for delisting on top exchange market, be careful when investing in some coins with lower transaction volume.
Important side have to check with team advice behind the project coins team, we don't know how trust them and make more analyze when investing in some coins.
There are many potential coins available that can be used as investments. I really agree that we just use the best ranking on CMC to determine where we will put the funds we have for investment. Indeed, there are those who first pay attention to the volume of transactions that occur on each coin, and it is legal to do so because it is a sign that the coin is very effective in trading.
But for sure, of course, Bitcoin, Ethereum, BNB, SOL, DOGE can really be used as a reference for making investments. Just adjust them to existing funds.

Offline Rubel007

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Re: How can I choose which cryptocurrency to invest in?
« Reply #169 on: May 08, 2024, 02:15:22 PM »
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
The simple way to do is  check top 10 in coinmarketcap. These coins would be safer for investment compared to others. One can also research on his own on various coins before going for investment. But be careful in investing new coins.
There are those who really want to analyze first before making their choice, but if there are those who don't want to analyze, they can and there are facilities at CMC for only the best ranking to be selected, especially those with potential. Ultimately, it's up to us to decide where we want to place our funds, but I agree with not prioritizing new coins because they haven't been tested compared to existing potential coins.
I also don't give much priority to new coins because new coins are likely to dump as quickly as they pump. Moreover, all coins that have been in the market for a long time must be fundamentally strong. Investing in those projects can reduce an investor's risk of losing his assets. I recommend investing in top coins by coin market cap and I invest in those coins myself. But investing in new coins is risky if one can invest with risk then there is also have the possibility for profit.

Offline kulkhan

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Re: How can I choose which cryptocurrency to invest in?
« Reply #170 on: May 10, 2024, 10:29:48 PM »
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
There are many ways to choose crypto to invest. There are many currency available in cryptocurrency market to invest Some are good and some are not good for investment. To invest we have to look thats coins Quantity, Network, Supply, Market, and market statistics etc. If you follow this i think it will be helpful for you to invest on cryptocurrency.

Offline Primo1760

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Re: How can I choose which cryptocurrency to invest in?
« Reply #171 on: May 10, 2024, 11:39:31 PM »
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
There are many ways to choose crypto to invest. There are many currency available in cryptocurrency market to invest Some are good and some are not good for investment. To invest we have to look thats coins Quantity, Network, Supply, Market, and market statistics etc. If you follow this i think it will be helpful for you to invest on cryptocurrency.
Yes there are many ways to choose a crypto to invest in. Among the thousands of coins in the crypto market there are many good coins and there are also many bad coins. Some times investing in bad coins gives a lot of success and some times investing in good top coins leads to losses. But I think so that it is better to invest in coins that are popular and have high demand among people like bitcoin, ethereum, solana bnb etc.

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Re: How can I choose which cryptocurrency to invest in?
« Reply #171 on: May 10, 2024, 11:39:31 PM »


Offline robelneo

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Re: How can I choose which cryptocurrency to invest in?
« Reply #172 on: May 11, 2024, 02:32:44 PM »

Yes there are many ways to choose a crypto to invest in. Among the thousands of coins in the crypto market there are many good coins and there are also many bad coins. Some times investing in bad coins gives a lot of success and some times investing in good top coins leads to losses.
The only people who made a profit from investing in these so-called bad coins, or should we assume pump and dump coins, are its developers, early investors, and whales, but small investors lose a lot of money because they follow the hype too late.

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But I think so that it is better to invest in coins that are popular and have high demand among people like bitcoin, ethereum, solana bnb etc.

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Offline legend45

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Re: How can I choose which cryptocurrency to invest in?
« Reply #173 on: May 11, 2024, 06:31:42 PM »
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
There are many ways to choose crypto to invest. There are many currency available in cryptocurrency market to invest Some are good and some are not good for investment. To invest we have to look thats coins Quantity, Network, Supply, Market, and market statistics etc. If you follow this i think it will be helpful for you to invest on cryptocurrency.
Yes there are many ways to choose a crypto to invest in. Among the thousands of coins in the crypto market there are many good coins and there are also many bad coins. Some times investing in bad coins gives a lot of success and some times investing in good top coins leads to losses. But I think so that it is better to invest in coins that are popular and have high demand among people like bitcoin, ethereum, solana bnb etc.
yes I agree, the coins you mentioned are the top coins on CMC, bitcoin, ethereum, solana and BNB I also have them in my wallet. It's best before doing research, first look at the coins at CMC because demand is the main key to increasing the price

Offline enwi

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Re: How can I choose which cryptocurrency to invest in?
« Reply #174 on: May 12, 2024, 03:40:42 AM »
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
There are many ways to choose crypto to invest. There are many currency available in cryptocurrency market to invest Some are good and some are not good for investment. To invest we have to look thats coins Quantity, Network, Supply, Market, and market statistics etc. If you follow this i think it will be helpful for you to invest on cryptocurrency.
Yes there are many ways to choose a crypto to invest in. Among the thousands of coins in the crypto market there are many good coins and there are also many bad coins. Some times investing in bad coins gives a lot of success and some times investing in good top coins leads to losses. But I think so that it is better to invest in coins that are popular and have high demand among people like bitcoin, ethereum, solana bnb etc.
yes I agree, the coins you mentioned are the top coins on CMC, bitcoin, ethereum, solana and BNB I also have them in my wallet. It's best before doing research, first look at the coins at CMC because demand is the main key to increasing the price
I don't dare to buy coins other than the ones you mentioned because it involves the capital I use. I don't have much time to always look at exchanges because work in the real world is too busy so I made purchases of Bitcoin, Ethereum, Solana and BNB for future investments.

Offline legend45

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Re: How can I choose which cryptocurrency to invest in?
« Reply #175 on: May 12, 2024, 03:52:48 AM »
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
There are many ways to choose crypto to invest. There are many currency available in cryptocurrency market to invest Some are good and some are not good for investment. To invest we have to look thats coins Quantity, Network, Supply, Market, and market statistics etc. If you follow this i think it will be helpful for you to invest on cryptocurrency.
Yes there are many ways to choose a crypto to invest in. Among the thousands of coins in the crypto market there are many good coins and there are also many bad coins. Some times investing in bad coins gives a lot of success and some times investing in good top coins leads to losses. But I think so that it is better to invest in coins that are popular and have high demand among people like bitcoin, ethereum, solana bnb etc.
yes I agree, the coins you mentioned are the top coins on CMC, bitcoin, ethereum, solana and BNB I also have them in my wallet. It's best before doing research, first look at the coins at CMC because demand is the main key to increasing the price
I don't dare to buy coins other than the ones you mentioned because it involves the capital I use. I don't have much time to always look at exchanges because work in the real world is too busy so I made purchases of Bitcoin, Ethereum, Solana and BNB for future investments.
My decision was correct if I only bought coins such as Bitcoin, Ethereum, Solana and BNB. They are the top coins in the top 5 coins and will likely last for the next few years. If you don't have time because of your busy real world, you should become a holder. it's safer and you don't have to look at the market every day

Offline Primo1760

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Re: How can I choose which cryptocurrency to invest in?
« Reply #176 on: May 12, 2024, 03:56:48 PM »
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
There are many ways to choose crypto to invest. There are many currency available in cryptocurrency market to invest Some are good and some are not good for investment. To invest we have to look thats coins Quantity, Network, Supply, Market, and market statistics etc. If you follow this i think it will be helpful for you to invest on cryptocurrency.
Yes there are many ways to choose a crypto to invest in. Among the thousands of coins in the crypto market there are many good coins and there are also many bad coins. Some times investing in bad coins gives a lot of success and some times investing in good top coins leads to losses. But I think so that it is better to invest in coins that are popular and have high demand among people like bitcoin, ethereum, solana bnb etc.
yes I agree, the coins you mentioned are the top coins on CMC, bitcoin, ethereum, solana and BNB I also have them in my wallet. It's best before doing research, first look at the coins at CMC because demand is the main key to increasing the price
If you hold all these coins then you don't have to worry much you can hold the investment worry free. Because all these coins are the top and most popular in CMC. There are many coins that involve a lot of risk in investing, but you can go ahead with your investment in the least risky of the coins you invest in. I also bought some of these coins and keep trying to buy more. But I have bitcoin and ethereum coins at the moment where I am making a lot of profit by investing. But I will add some more top coins along with Bitcoin and Ethereum and plan to hold long term.

Offline JISAN

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Re: How can I choose which cryptocurrency to invest in?
« Reply #177 on: May 12, 2024, 07:32:38 PM »
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
There are many ways to choose crypto to invest. There are many currency available in cryptocurrency market to invest Some are good and some are not good for investment. To invest we have to look thats coins Quantity, Network, Supply, Market, and market statistics etc. If you follow this i think it will be helpful for you to invest on cryptocurrency.
Yes there are many ways to choose a crypto to invest in. Among the thousands of coins in the crypto market there are many good coins and there are also many bad coins. Some times investing in bad coins gives a lot of success and some times investing in good top coins leads to losses. But I think so that it is better to invest in coins that are popular and have high demand among people like bitcoin, ethereum, solana bnb etc.
yes I agree, the coins you mentioned are the top coins on CMC, bitcoin, ethereum, solana and BNB I also have them in my wallet. It's best before doing research, first look at the coins at CMC because demand is the main key to increasing the price
If you hold all these coins then you don't have to worry much you can hold the investment worry free. Because all these coins are the top and most popular in CMC. There are many coins that involve a lot of risk in investing, but you can go ahead with your investment in the least risky of the coins you invest in. I also bought some of these coins and keep trying to buy more. But I have bitcoin and ethereum coins at the moment where I am making a lot of profit by investing. But I will add some more top coins along with Bitcoin and Ethereum and plan to hold long term.
Yes the coins which are top positions in cmc may be good coins but no one will get profit guarantee even if they invest in them.  Because of this, it is very important to do your own personal research in addition to looking at the position of coins on cmc and then decide to invest. Investing is very easy but getting a good amount of return from it is not easy.  If one invests in something without doing a long period of research then they are more likely to lose than gain.

Offline kulkhan

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Re: How can I choose which cryptocurrency to invest in?
« Reply #178 on: May 12, 2024, 09:08:41 PM »
There are many Dex and Cex are available for invest cryptocurrency. Acctually you have to decide which currency do you want to invest. Because all cryptocurrency are not listed in one platform. Some currency listed on exchanger like Binance, kucoin, maxc etc. Even all are not listed in one exchange. Overall considering i will suggest you invest on Binance exchanger there most listed currency are good.

 

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