Post
Topic
Board Speculation (Altcoins)
Re: What is your best investment tool recommendation???
by
jostorres
on 25/03/2023, 21:26:55 UTC
Hello, I hope everyone is making a lot of money. I have a capital of about $1000 that I set aside for investment purposes. What do you think is the right investment tool?

gold?
coin?
Never mind the investment and eat your money! Smiley

We are in a period when a bull run is expected. It is necessary to analyze the jumps of the coins well and follow them in a controlled manner.
buy BNB and staking on binance exchange, so you can get two benefits, that is staking interest and the price of BNB that will continue to increase, so when you sell your BNB, then of course your money will definitely increase, but I prefer you to invest in BNB for ​​the long term, because you can get at least 3x profit from your capital.
The benefit is only one there and that is the interest. We don't usually count the price but for good coins, it's already expected that they will do better in the long run. Apart from the benefit there must also be a disadvantage and the one that I can see here is we are storing our crypto on a centralized entity.

This was risky because they have a full control our money. I think there is a way to stake coins without needing to deposit your crypto into somewhere else. We better do this instead. OP is choosing between gold and crypto but why not he choose both? He may only need to put more in crypto because we are used to them and we know that they have better potential than gold.