If you had 4,000.00 USD to use to invest in cryptocurrency, and that was all the money you can afford to use for crypto investments for the year of 2021, where would you put it?
I'm just curious to see what kind of opinions I would get in a forum like this. I'm hoping that I might learn something as a beginner in the crypto world as a result of putting this question out there.
Keep in mind thought that I already understand 3 things:
1. Never invest any amount of money that you can't afford to lose, because crypto markets are so volatile that it's a risk no matter what you do, and I get that.
2. I'm not asking you to tell me which crypto to invest in, just curious what your opinion is.
3. I understand that what I do with my money is my responsibility, and nobody else's, and the results of my investment(s) whether good or bad, is on me.
I'm just curious to see what kind of opinions I would get in a forum like this. I'm hoping that I might learn something as a beginner in the crypto world as a result of putting this question out there.
Keep in mind thought that I already understand 3 things:
1. Never invest any amount of money that you can't afford to lose, because crypto markets are so volatile that it's a risk no matter what you do, and I get that.
2. I'm not asking you to tell me which crypto to invest in, just curious what your opinion is.
3. I understand that what I do with my money is my responsibility, and nobody else's, and the results of my investment(s) whether good or bad, is on me.
To choose a cryptocurrency for investment, I would go to Coinmarketcap and look for cryptocurrencies there that have not yet exceeded their last peak in price. Of these, for example LTC and TRX. Why is it so? I believe that the top cryptocurrencies will definitely rise above their previous highs in 2017 in 2021. But I would also think about buying ETH because there is a possibility that it will show good growth both in principle and BTC by the end of 2021.