Hi everyone. I am planing to invest 30 000usd. The money will NOT be devided, the whole amount will be invested in just one coin/token
So which one should i choose, any 10x coin for the future?
Thanks for your advices.
Edit:Thanks a lot guys.I have plenty of other coins,as well.So i would like to invest in a single project or token otherwise the profil is not like i've expected.Thanks a lot for all the advices.
30k $ is not a small amount of money and only you want to invest in a single coin, my advice is none other than bitcoin, it is both safe and can give you good returns. It can still give you x10 profit but as long as you hold it long enough, maybe 5 to 10 years, it will take at least 2 bullish seasons to hit your target. But if you want to find a coin with such high profitability in a short time then I think it will not exist, if it does, the risk it will also be proportional to the return you want.
And what is more certain is that I hope in addition to $30k to invest in crypto, you have other sources of investment. Because investing is always risky and you should always have a plan b.
It's still much better to divide that large fund into 3 separate coins because $30,000 is quite huge and I agree that bitcoin should be at the top of that list but the thing is you got to have enough patience because you won't be hitting your specific goal overnight or in just a mere week, aim to hold it for a long term to maximize your profits. Other than bitcoin, there are also top performing altcoins the market that is worth it to explore but doing your own research is still the best thing you can do.