Quote from: Marketleaders777 on January 23, 2020, 05:19:48 AM

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!

BTC and etherum are always a good deal. but my focus is bnb at the moment because they have best exchange out there and they do not list shitcoins just for the sake of fee. bnb will burst in the bull run however ltc, doge, and xrp are good to go as well