Post
Topic
Board Speculation (Altcoins)
Re: Is investing in crypto a good idea?
by
MFahad
on 16/05/2021, 08:34:17 UTC
Hello! I'm a newbie trader, and I want to know if investing in crypto is a good idea. Now it became very easy, for example, you can buy crypto with a bot or your credit card using such services as changelly or shapeshift. However, does easy means good? Should I buy crypto now or it's too late?

There is no late time to invest in cryptocurrency, but don't choose the wrong cryptocurrency to invest, because you can lose your money, therefore if you want to invest in cryptocurrency at this time, then you better invest in cryptocurrency that is already popular and have a product, because the price will definitely continue to increase and of course in the future you will definitely get profit, then cryptocurrency that I recommend for you to invest in the long term is :
1. Bitcoin
2. Ethereum
3. Binance
4. Uniswap
5. Polkadot
it is a cryptocurrency that I recommend for you to make a long-term investment, because the price will definitely continue to increase and of course the risk is smaller.

Invest in the above coins and you will never lose your money. However, many newbies invest in shit coins thinking they could 100x their income. Few of them might be lucky, but most people will end up losing if they invest in low cap coins.