hi, i just joined the crypto market, and was referred to this forum so i can learn better and can learn from on this forum. I have some questions please help me answer it:
- I have an initial capital of $5000, what coin should I invest in for the long term?
for long term investment bitcoin and ethereum is the best choice. but with 5000$ I don't think it's good. maybe you can buy other altcoins like solana, Terra, Avalanche, BNB, Polkadot, Polygon, or Cardano which are cheaper.
- How to avoid easy scam coins?
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the easy way don't buy coins outside the best 100 list on coinmarketcap. and don't invest in new projects. although there are many projects that can buy ROI of more than 100% but not a few also end up rugpull. so don't invest in new projects.