Post
Topic
Board Altcoin Discussion
Topic OP
Gonna sell my stock assets and invest in these top currencies. Suggestions?
by
Marketleaders777
on 23/01/2020, 05:19:48 UTC
Hello all,

I am new to crypto currency market as I was before in shares and stock market. I have basic knowledge of cryptocurrencies like how supply, demand and history of famous coins. I am looking to invest in 2-3 cryptocurrencies. My investment: $200-$500. I would like to invest little amount in starting, afterwards I will increase my investments.

Well, I select the following coins:

Bitcoin : because it is no.1
Ethereum: this crypto is down these days, but I have got a news that ethereum 2.0 will roll out this year. So, I hope that this crypto currency price will go up.
Binance: because of stability

And eos if possible

I would like to know your suggestions before taking the steps.

PS:

Thanks all for your meaningful, personally experienced replies with these coins. I am glad to posted my query on bitcointalk, this community is super active. Cheesy

Well, I read all the replies and what I got to understand is that I should decide the % of amount to invest in these coins. Even I am increasing my investment amount to $1000. I did calculation and here are the results:

Bitcoin: 25%
Ethereum: 40%

Many users said that I shouldn't go for BNB and EOS upon the basis of many factors like centralized, eos performance not good etc. Most of the experts said that I should look & analyse on these coins:

Ripple: It is popular and promising altcoin.
LTC: Confused in this altcoin. Need to do research on this one.
Doge: Not sure
LINK: Maybe Risky. Never heard about this coin before.

Well, My investments are upon the basis of long term, I will invest for 1-2 years. But, I would like to know your opinions about long term and short term, What should I choose between long term and short term?

Last question, Which exchange should I go for? I am confused in choosing a good exchange? What's your experience  on top exchanges for trading cryptos?

Thanks Again!