Post
Topic
Board Speculation (Altcoins)
Re: I have 1000 usd , where to invest ,
by
lienfaye
on 25/02/2021, 11:56:48 UTC
Choosing a coin depends on one's trading background. Some people choose hype coins because they're a daytrader.
However, the hype coins aren't recommended to be held long term without studying the potential of the coin in depth.
Thats true, it depends on each investor and their strategy.
If you're planning to be a day trader its better to invest in coins with high volatility or moving frequently. While established coins are best for long term hodling.

The best is to DYOR before investing to a particular coin because we have different way of thinking when it comes to our crypto portfolio.