Hi, I got 100 bitcoins to invest in top 3 cryptocurrencies. Please help me out here to make a decision that what should I invest in and WHY?
Thanks
Hey there!
I see you are going to invest your funds into crypto currencies, but why top 3? If I were you, I would investigate top 10-20 cryptocurrencies and make a decision by yourself.
Of course other people's thoughts are important for you, but the decision should be on you!
As for me, if you want top three, not more:
1. Ethereum. ETC has a great potential, but it is not revealed at this stage. There are a lot of problems which ETH faces. BUT, as for me, I believe that these are the temporary obstacles. When most of ETH problems will be solved - the price of coin will noticeably increase .
2. Monero. Great potential, great opportunities. Anonymity - and all about it.
3. Bitcoin, man. Keep bitcoins. In long term period you will get a tremendous profit.
As a already told you, it might be better to hold not 3, but more coins. And of course hold bitcoins too.
Good luck
If he has 100 bitcoins I would only invest half of it on altcoins, altcoins can give you good profits in the coming years that is one thing for sure.
On bitcoin you just have to rely and wait a couple of years, I am convinced it is just a matter of time that bitcoin will hit 10k at the end of this year.
Ethereum is also one of the better coins and is the most trusted to use for its smart contracts, Monero is a good coin when Bitcoin fails in my oppinion.