Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Sergeantedwards on January 23, 2024, 07:04:55 PM
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
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I am a Doge fan next one I like is BTC.
I would consider both . I purchased some of each coin this week.
I use one exchange to buy the Doge and an other exchange to buy the BTC. I am not giving you financial advice I am simply telling you the two coins I usually buy.
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It depends on what you want. If you need a less volatile coins that can get to all-time-high, the best I can advice you to go for is bitcoin. Bitcoin is still proving itself as a store of value.
There are altcoins like ether, avax, algo, ada and some other ones that you can gamble with. Meme like doge that is mentioned above is also another one.
But I will advise you to go for bitcoin.
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Hi and welcome @Sergeantedwards.
First of all, you must decide in which coin to invest your money. I understand that you are new and probably don't have much knowledge about the industry. But what I could never recommend to anyone is how to use their own money. It is good to ask for opinions and contrast them with yours because this way you learn a lot, but the final decision should always be yours. In this forum you have a lot of information about many coins/tokens, read, learn, contrast ideas, that way your $500 will be well used and with a little luck and a lot of DYOR you will have benefits.
That said, next time give more information in the threads/posts you make. This way you will avoid LQP penalties.
Forum rules (https://www.altcoinstalks.com/index.php?topic=3171.0).
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@Sergeantedwards, since you said you had $500, which is what you want to invest in crypto for a start, I would suggest you start with Bitcoin first.
Although $500 will purchase 0.0128 Bitcoin for you (that's with the current price of $39,230), if you hold that small fraction until Bitcoin gets to $100k by next year or this year, your profit will be about $780 dollars. If you also keep accumulating gradually, depending on the inflow of cash, you should be able to accumulate more fractions of bitcoin, which will give you a tangible profit in the bull market.
If you are yet a newbie that is still starting your journey into crypto with that $500, Bitcoin will be good for you. Maybe after you have more knowledge about altcoins and their risks, you can invest.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
I'll be very brief, just provide a link to a thread I'm running. This is a real business that has been running for over 3 years.
https://bitcointalk.org/index.php?topic=5406768.new#new
Any questions, clarifications - please write in the above topic. Not an advertisement, but a suggestion to familiarize yourself, within the framework of your question
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Thank you sir,
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
I don't think I can give you any suggestions or finance advice, because I don't know your risk appetite. So I'll give you some other normal/general advice:
+ Please refer to more information about the market: its potential, opportunities, profits, risks. The more knowledge you have, the more opportunities and profits you will have.
+ Please understand that there will not be any really good advice or suggestions for you on crypto forums.
+ Please write a little more about yourself and what you are hoping for in this market: who you are, what your income and capital for investing? Which token are you looking at and whether it matters.
I believe that the more information there is about you (not private info), the easier it will be for every member of the forum to help you in your crypto journey.
Welcome to the AltcoinsTalks forum!
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In the last few months of analysis, I have seen that a good profit can be expected if you buy and hold the tokens of Binance Launchpad deep. The last few Launchpad tokens I have seen have performed very well. This is my personal opinion though. But in investing you must do market analysis.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
Top 10 coins? Go on BTC, and ETH.
Top 11-50 coins? Go on ATOM, INJ, TIA, SEI Network
Top 51-100 coins? Go on SUI, OSMO, RUNE, dYdX
These are just recommendations, and I'm a bit bias on it of course because some of them are the tokens that I'm holding, but you can just play with it if you want. With your 500$, you can buy at least 1 on top 10, 1 on top 11-50, and 1 on top 51-100. Just remember, the lower the market cap, the higher the risk, but the higher the reward. :)
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If you are a newbie investor in the crypto space and are unsure about which coin to invest in, I strongly recommend Bitcoin.
When compared both bitcoin and altcoins that would last long in cryptosphere and not lose value in the future, bitcoin appears to be the first coin that crypto investors are advised to invest in because it hasn't been rugpulled or controlled by anyone
An investor in bitcoin is guaranteed long-term profits, but an investor in altcoins has no idea what will happen to their investment tomorrow. Investment in altcoins is a risky endeavor, and not every newbie has the mental capacity to continue when they witness the value of their money invested in altcoin decline in line with the price of Bitcoin.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
I'm sure that most of the members here will agree that it would be better for you to invest in Bitcoin. Because the main investment, especially for the long term, is Bitcoin. and of this there is no doubt.
However, if you want altcoins because you don't have much money, then study and analyze the top altcoins only. Top altcoins which incidentally have a large market cap but the price is still quite small. Check at Coin Market Cap or at CoinGecko.
And make sure you don't ever be tempted by new altcojns and hype, especially the kind of meem coins which even though they promise various big promises regarding profits. That's really risky
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I will recommend you buy BTC, it has utilities and you can totally control your money when you use BTC. Though take note that it is not a get rich quick scheme, so you must be patient, if you are looking for pump and dump coins, you should buy altcoins.
If you decide to buy BTC, store it in your self custodial wallet and make more than one backup of your seed phrase. Examples of recommended wallets are Electrum, BlueWallet, Sparrow, etc.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
If you have $500, I suggest you buy top 10 coins.
bitcoin, Ethereum, BNB, Solana, Cardano, XRP, Avax.
But don't buy meme coins such doge, shib.
It's more risk.
If I is you..
I will do it.
But it depends on your confidence, buy coins that make you confident will gain profit.
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The logic of many investors is this.
If you buy Bitcoin, you need to see its price double for that $500 of your to double.
If you invest that with altcoins then it will be more than that like 10x to 100x or even more. But at what type of risk you have to take?
IMO, I'll choose the slow growth but I don't have to be stressed out and that is with Bitcoin. If with this amount, you want it to grow more by spreading on altcoins but that's just me. But as someone who sees the market with opportunities, you can always test to invest in other things but don't forget that you may need to hold btc in the long run.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
If you have $500, I suggest you buy top 10 coins.
bitcoin, Ethereum, BNB, Solana, Cardano, XRP, Avax.
But don't buy meme coins such doge, shib.
It's more risk.
If I is you..
I will do it.
But it depends on your confidence, buy coins that make you confident will gain profit.
Our friend above has made the right suggestion, but with $500, I think don't allocate too much because it won't have any value; it's better to just have a few, and it's easy to analyse every moment of the movement.I think Bitcoin and Ethereum are the first and another one between BNB and SOL to invest in.But there's no harm in opening CMC and looking at the graph and studying the movements of the one you want to choose; who knows, maybe you might be interested in another coin from the choices above.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
At this point, Bitcoin and Ethereum are still the best, $500 is not a huge amount to diversify so I'd prefer to invest in a coin that is guaranteed to make a profit for me, especially now that halving is fast approaching or if you still want to diversify and want a coin or token that has low value and will have a potential for prize income I'll prefer Matic, Bitcoin, Ethereum and Polygon are just three of the coins/tokens that I recommend, whatever coin/token you've picked be sure you also you did your research.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
maybe cheap coins like Dogecoin? yeah i am not a big fan of memecoins but Doge is one of the oldest and yeah its cheap. so you can buy this one or try Solana but with that small capital you can only buy a few SOL but the chance to earn in bull market is really big.
if those coins reached and break ATH then you will be in great profit.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
with you having 500$ I think for now you can just buy btc, but if you want to have a large collection and can provide color in profits you can share it with ETH and bnb maybe
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
My suggestion, you buy Solona, XRP and Doge coins. because coin has its own blockchain network, there are even many projects that collaborate and use this network. If you want to know more about the coin you want to invest in, it's better to find out more about the project first, so that you know the quality of the project you are investing in.
and my advice is that you don't invest in new projects, you're afraid you'll get scammed.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
My suggestion, you buy Solona, XRP and Doge coins. because coin has its own blockchain network, there are even many projects that collaborate and use this network. If you want to know more about the coin you want to invest in, it's better to find out more about the project first, so that you know the quality of the project you are investing in.
and my advice is that you don't invest in new projects, you're afraid you'll get scammed.
It is a very good advice, although I would tell you something, if you have that money only to buy altcoins, I would go to see the first 5 coins of the top, based on this I would do a good investigation, long-term technical analysis, although to be honest these alts will always follow the path of Bitcoin, no matter how much the alts whenever bitcoin falls in price they will fall with a more monumental fall and that will cause panic, I would also do an stp and would think about buying something in Monero, since privacy and anonymity They are a great option so you can generate a good investment, I am sure that in the long term Monero will be a great option for many.
And Monero will be one of the Currencies that have the most life if any of them fall, only because of the desire they have to do something different, something that can make a difference, in this order of ideas I would think that you have to know how to buy so that the money yields and becomes a great investment, since the risk is higher, I personally, as always, have trusted more in Bitcoin because I know that it is the safest investment, but the alternatives also have their very good benefits.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
OP you are asking for financial advice as you clearly stated I don't know the best so be very careful while taking any tip, DYOR is the key to survive here.
For the suggestion obviously the seniors and other fellows can assist you, when it comes to the best coins be narrative specific or coin specific, you can choose from the top 30 with good research in market capitalization and in narrative for Altcoins currently I'm highly bullish on the GameFi and my strong recommendation is adopting DCA rather then going all in at once, in any coin even in BTC.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
OP you are asking for financial advice as you clearly stated I don't know the best so be very careful while taking any tip, DYOR is the key to survive here.
For the suggestion obviously the seniors and other fellows can assist you, when it comes to the best coins be narrative specific or coin specific, you can choose from the top 30 with good research in market capitalization and in narrative for Altcoins currently I'm highly bullish on the GameFi and my strong recommendation is adopting DCA rather then going all in at once, in any coin even in BTC.
You are undoubtedly right, although everyone makes their own choice.
I prefer the leaders of the crypto market most of all, because I am confident in their prospects and I can advise other people to do the same. But there is only one caveat: investments will bring profit only after time, and this time may take several years. Many people want to invest and immediately make a profit, but in the crypto business this is extremely rare. Other assets require very close attention constantly.
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OP you are asking for financial advice as you clearly stated I don't know the best so be very careful while taking any tip, DYOR is the key to survive here.
For the suggestion obviously the seniors and other fellows can assist you, when it comes to the best coins be narrative specific or coin specific, you can choose from the top 30 with good research in market capitalization and in narrative for Altcoins currently I'm highly bullish on the GameFi and my strong recommendation is adopting DCA rather then going all in at once, in any coin even in BTC.
Choosing the top 30 coins is not the right step because there are too many choices. It is better to choose the top 10 to 20 altcoins, which might be better. When investing in altcoins, there will be a very high risk, and you should be aware of that risk so that when the price falls, it doesn't make you depressed.
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Bitcoins. Welcome the halving with your $500, and if there is free money again, I recommend buying Bitcoin again. Granted, sometimes the % fluctuations are less interesting than altcoins, but at least Bitcoin is better for long-term holding purposes. Even if you don't have good analytical skills, it's not a big problem, because Bitcoin's fundamentals are very strong and all you need to do is buy and forget. Come back to check your balance in the next few years.
The bullrun is estimated to occur from April 2024 to April 2025. This is just a prediction and no one knows for certain. Just buy and hold.
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Bitcoins. Welcome the halving with your $500, and if there is free money again, I recommend buying Bitcoin again. Granted, sometimes the % fluctuations are less interesting than altcoins, but at least Bitcoin is better for long-term holding purposes. Even if you don't have good analytical skills, it's not a big problem, because Bitcoin's fundamentals are very strong and all you need to do is buy and forget. Come back to check your balance in the next few years.
The bullrun is estimated to occur from April 2024 to April 2025. This is just a prediction and no one knows for certain. Just buy and hold.
When there is money that is not being used, it is better for me to wait until the price of Bitcoin falls again because when it reaches the current price, it will be too expensive and there will be a risk of being trapped at a high price. Even though there is a possibility that the price of Bitcoin will always rise, nothing will happen. can provide a guarantee of how long it will take because the predictions you mentioned are not necessarily accurate.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
If you have no idea or knowledge in the field of this business industry, maybe the best thing I can advise you to do with that money is to buy bitcoin and then hold it until the bull run comes, and when the price of bitcoin is shaved at around 120 000 dollars each, you sell.
But of course, it's up to you if you want to sell or if you want to adjust to wait again. This is just my suggestion, dude: while you're waiting, learn about Bitcoin and cryptocurrency to see how you can make money from them in the crypto space. If you don't want Bitcoin, here: https://www.coingecko.com/, just choose from the top 100 cryptocurrencies on that platform.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
Bitcoin. Buy Bitcoin. I can only recommend Bitcoin as it will possibly be having a new ATH this 2025. If you don't want to miss this opportunity, then buy only Bitcoin. Don't waste your time finding other unreliable and Bitcoin dependent coins.
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There are many Coin and Altcoin available in cryptocurrency market for investment. Here some good currency and some risky i think. So need analyses to invest. Bitcoin, Ethereum, BNB are good currency i think. But it’s profit ratio is slow i think. Some Altcoin and meme coin are very popular and profitable i think.
I think Doge is best meme coin. And it has huge hype. Last bull session it’s price increased huge. And world famous rich man and founder of SpaceX and Tesla Elon Musk promote doge on his Twitter/X account several times. So i think future of doge coin is bright. I also invested on doge coin.
If you want to invest on Doge coin it will be profitable i think. But my advice, always invest with your own Research. It will be better for you and everyone.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
Now a day's market is going with trend so better take entry in these trends. Like search the news about top 100 coins. After searching these coins take multiple entry in these coins from these 500$. First entry take 200$ and wait for a few days if it give you profit then sell in profit and should exit.
When you see that coin is coming downward then take more entry and wait for it. After some days it will give you a good profit. So better search good fundamentals coin in coin market cap. You will get good coin I hope so.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
If I were you, with that amount, I will buy 1 or 2 top coins.
At least if you want Bitcoin, you'll probably only get a few. but the results are clear enough if it is intended to be bullish in the next era. But if you want more, you can optimize it on top altcoins like ETH / BNB. or other coins that really have potency. Oh yes, avoid investing in new coins because the risk is much greater.
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If you want to invest into altcoins, my best choices are Ethereum and some meme coin. Meme coins can generate a huge profit if you buy the coins on time before the first pump but if you don't buy on time you may not see huge profit. If you also invest in meme coins, make sure to monitor the project so that you will not be outdated on the project's new trend. You can invest the $500 into Bitcoin too if you can hold you bag for a long time.
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If you want to invest into altcoins, my best choices are Ethereum and some meme coin. Meme coins can generate a huge profit if you buy the coins on time before the first pump but if you don't buy on time you may not see huge profit. If you also invest in meme coins, make sure to monitor the project so that you will not be outdated on the project's new trend. You can invest the $500 into Bitcoin too if you can hold you bag for a long time.
I agree with your choice because so far Ethereum is the best of the meme coins in circulation. Meme coins will only provide a very high risk because price manipulation often occurs, and usually there are individuals who trigger the increase in meme coins, for example, tweets from Elon Musk or others. whose price movements are not based on developments in the product used. If I have $500, I would prefer to divide it into several coins: 70% for Bitcoin, and the rest for altcoins that have potential, so that when the altcoins go up, there is still something that can make a profit.
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If you want to invest into altcoins, my best choices are Ethereum and some meme coin. Meme coins can generate a huge profit if you buy the coins on time before the first pump but if you don't buy on time you may not see huge profit. If you also invest in meme coins, make sure to monitor the project so that you will not be outdated on the project's new trend. You can invest the $500 into Bitcoin too if you can hold you bag for a long time.
Meme coins are just hype and FOMO, as many people said mate.
I don't think to invest in meme coins, It's not my favourite coins in my wallet list.
I agree with your suggestion, to invest in Ethereum but not for meme coins. it's too risky.
I will invest in other altcoins, BMB and SOL , I think better
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
With that $500, I propose diversifying your investment into five cryptocurrencies. If I were you, I would not invest it in two currencies since the possibilities of being invested in potential are quite minimal. It is preferable to invest in five possible currencies that are listed on Coinmarketcap. Reminder: the smaller the market capitalization, the greater the potential, but the risk is quite crucial. However, we have different thoughts and decisions, which I feel work for me.
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Choosing the top 30 coins is not the right step because there are too many choices. It is better to choose the top 10 to 20 altcoins, which might be better. When investing in altcoins, there will be a very high risk, and you should be aware of that risk so that when the price falls, it doesn't make you depressed.
How come bro... Top 10 like really what are you looking for in the top 10 XRP? A full-time shit.. (Nevermind this is actually a shit), ADA ahh there are some more potential projects in below top 15. It's not like very high risk in the top 30. Its risky but the word high starts getting in after the top 50. The high risk = high returns. In the high caps, the returns of imagination cant be expected except, for BTC and ETH.
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Choosing the top 30 coins is not the right step because there are too many choices. It is better to choose the top 10 to 20 altcoins, which might be better. When investing in altcoins, there will be a very high risk, and you should be aware of that risk so that when the price falls, it doesn't make you depressed.
How come bro... Top 10 like really what are you looking for in the top 10 XRP? A full-time shit.. (Nevermind this is actually a shit), ADA ahh there are some more potential projects in below top 15. It's not like very high risk in the top 30. Its risky but the word high starts getting in after the top 50. The high risk = high returns. In the high caps, the returns of imagination cant be expected except, for BTC and ETH.
There are hidden gems in the crypto space that have huge potential for explosive growth and often outpace top projects by tens or hundreds of times in terms of growth percentage.
The greatest growth potential lies in small-cap companies. They, like crypto projects, can grow by hundreds of percent.
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There are hidden gems in the crypto space that have huge potential for explosive growth and often outpace top projects by tens or hundreds of times in terms of growth percentage.
The greatest growth potential lies in small-cap companies. They, like crypto projects, can grow by hundreds of percent.
But how to spot them?
Mostly all those hidden gems you talking about are churn and burn they have the potential to make you profit in a short time but not for the long term compared to the other crypto that is already listed in any exchanges or in the top 30 in Coinmarketcap they already give profits to those who follow and support it.
It's too risky to invest to hidden gems you talking too it would be better to stay on the top 30 crypto or any crypto that is officially listed on big exchanges because there are some shitcoins under the top 50 with fake trading volume and market cap.
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There are hidden gems in the crypto space that have huge potential for explosive growth and often outpace top projects by tens or hundreds of times in terms of growth percentage.
The greatest growth potential lies in small-cap companies. They, like crypto projects, can grow by hundreds of percent.
But how to spot them?
That is a very nice question @BitMaxz.
Carbitcoin is right to have said that some coins are good gems that can at times experience an explosive growth but there is always a very low possibility of being able to right handedly know and purchase those special gems that can generate profit within a short period of time. If it were possible for every Bitcoin investor to know the right coins to buy which can generate profit within a specific time frame, then every one would have become rich by investing in Altcoins, but people get very unlucky to even invest in too much bad coins.
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Meme coins are just hype and FOMO, as many people said mate.
I don't think to invest in meme coins, It's not my favourite coins in my wallet list.
I agree with your suggestion, to invest in Ethereum but not for meme coins. it's too risky.
I will invest in other altcoins, BMB and SOL , I think better
Exactly, meme coins are high risks. If we cannot utilize the right time to buy and sell, we may really miss the chances. While meme coins commonly will disappear once it has dropped from its ATH. that is why if it is for a long term holding, meme coins are really not suggested. Some people may compare to Doge coin as the meme coin, but this is different. Dogecoin has existed for long time periods and then this coin could be very successful in the last bullish. But for other meme coins? I doubt it because most of them are rally only utilizing the hype situation. I also agree that it is better to invest in Bitcoin or even top coins, This also doesn't guarantee, but at least, the risk is lower.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
Have your learned how to choose good coins? I think you need to learn yourself, you will be an independent investor in crypto. If you always ask the suggestion from others whenever you want to buy coins, you will be never a smart investor.
Anyway, if you are lazy to analyze random coins, you are better to choose top altcoins. The top 50 coins are good coins for investment, but avoid those meme coins and stable coins. Although don't choose the coins with bad issues. Better to choose coins that have good news lately.
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If you want to invest then I have some questions for you before. First of all, do you want to invest and hold it for a long time? Secondly or you want to invest in very short period of time and earn profit. If you are thinking of making a long term investment then my personal advice is to buy Bitcoin currency. Because it is one of the longest lasting and strongest currencies in cryptocurrency till date. Currently its price is 43 thousand dollars, it is expected that it will definitely increase several times in the future. You can also invest in Bitcoin if you are thinking of long-term investment. On the other hand if you are thinking short term then you can invest in Solona, ETH, etc coins if you want.
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If you want to invest then I have some questions for you before. First of all, do you want to invest and hold it for a long time? Secondly or you want to invest in very short period of time and earn profit. If you are thinking of making a long term investment then my personal advice is to buy Bitcoin currency. Because it is one of the longest lasting and strongest currencies in cryptocurrency till date. Currently its price is 43 thousand dollars, it is expected that it will definitely increase several times in the future. You can also invest in Bitcoin if you are thinking of long-term investment. On the other hand if you are thinking short term then you can invest in Solona, ETH, etc coins if you want.
Investment really depends on the person's financial condition. As long as they have enough money and don't have dependents, long-term investment is definitely the right choice, and it will be easy to do it. But if the financial condition is not very good, then it is not suitable. make long-term investments.
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Hello, i am in right time at the right place. I suggest you to buy FXB coins and from no body less than from me. Campaigns and airdrop ended now it is patience took place for list in Coinstore exchange. Let me know in PM so that we can discuss i recommend you that.
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Investment really depends on the person's financial condition. As long as they have enough money and don't have dependents, long-term investment is definitely the right choice, and it will be easy to do it. But if the financial condition is not very good, then it is not suitable. make long-term investments.
Yeah , if we have free money and and don't have dependents or debt I think hold for long term is the best way to do. But if we want to earn profit daily, I think we can do trading. To choose potential coin for hod , I suggest top coin will have big opportunity.
you can buy bitcoin , Ethereum and BNB.
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Hi, $500 but I don't know the best coin to buy. any recommendation plz
Have your learned how to choose good coins? I think you need to learn yourself, you will be an independent investor in crypto. If you always ask the suggestion from others whenever you want to buy coins, you will be never a smart investor.
Anyway, if you are lazy to analyze random coins, you are better to choose top altcoins. The top 50 coins are good coins for investment, but avoid those meme coins and stable coins. Although don't choose the coins with bad issues. Better to choose coins that have good news lately.
that's right, we have to learn to choose coins so that we don't fall into losses, in starting to invest we have to have a lot of knowledge in trading and also have to learn a lot about the project we are going to invest in. All of that is very important in investing.. if you need to look for a lot of information with various channels such as social media, we even have to read all about the project, how it was developed and the future path of the project... if you have done all that, I am sure you will become a professional investor and get huge profits.