Post
Topic
Board Altcoin Discussion
Re: newbie invest
by
jostorres
on 16/11/2022, 18:18:21 UTC
I think BTC ETH are the best options. Now is a bear market and the perfect time to get in.
Agreed, and as a newbie, it would be best to start in BTC and ETH. How long would you hold it, be mentally prepared for it, and keep reading the news from time to time so that you wouldn't be tempted to sell it early. Also, it is always the perfect time to buy bitcoin, as we know it has a future. I recommend reading some expert news and analysis, joining forums and visiting Wall Observer prices of bitcoin to see what others think about the current price of bitcoin.
Actually, reading the news isn't good because it can make you anxious. If only all news are positive then it would be great but no. We also have bad news and that can greatly affect our decision to hodl. Btc and eth is a safe coin and they are proven already that they can recover so it's okay if you will leave it on your wallet and enjoy your life outside.

You can only come back after a couple of years to harvest your gains. Bnb is also a good coin just like btc and eth but I think it's better if we diversify our capital. The more the merrier as they said. It also allows you to cut risk and then possibly earn more income because other coins have different potentials.