Quote from: Nrcewker on July 07, 2022, 07:54:48 AM

Quote from: a.amt94 on July 06, 2022, 01:05:06 PM

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

The main thing you should consider while thinking for long term is a good and stable coin.
You don't wanna end up losing all money by choosing a wrong coin like Luna etc.
So it will be best if you go for something best and solid, and here BTC or ETH comes in place. The reason for which you can choose any one from this two is due to it's popularity and marketcap.
And as you have thought for long term my friend, then I would advise that don't often see the price charts. Check the price once in a year and accordingly cash out.
Hope this helped you mate.

Yes it is true that for long term investment you must select the best and popular coins.If you make a wrong choice to invest you will have to pay for it so simply you need to choose the best currency first.Bitcoin Ethereum and BNB are all the coins you can keep as the best coins to invest in your portfolio.The currency to invest in must see how popular the currency is in the market and what is the market cap? Especially if it is listed on the most popular exchanges?