Post
Topic
Board Altcoin Discussion
Re: If I have $40,000 to invest in one #cryptocurrency.
by
Cryptomultiplier
on 10/08/2023, 14:11:35 UTC
"Which one" means what? Investing Only on one single coins among those, Won't make you billionaire. Rather that was stupid way to loose your whole $40,000.... Think about it, only btc or eth or bnb can't trun your money from 40000 to 1 billion,  impossible for each of those to pump  hundred times. Rather invest with all of those with fix ratio. All of those are good coins. just make sure, durning investment,  you are giving  priority to btc eth and bnb with more percentage among those altcoins
In this 21st century, we don't need to out all our fruits I'm one basket. We need to diversify our investment so that we can be assured that, we can earn from other investment if there is some that don't give us the kind of reward that we want. Investing $40k in just one coins is not the best decision we should make.
There are good meme coins in the market that cam triple our investment capital if we can be confidence enough to share our portfolio if investment. It is wise to invest the money into different coins like about 10 to 20 coins so that we can make the kind of profits we need to earn in the market.
Investment in 10 to 20 different coins is just being too greedy, if I must say. How does one remember which to follow up on? I would also remind you that other activities which one does engage in daily, in the physical centralized world exist. Like real office jobs, for those that have one, family attention and errands, friends/associates fun time and meetings.
The brain you have might be very intelligent, but I doubt it would not encounter fog or mind block or fatigue at some point. When at such a point, because of overload and less rest, the brain fails to keep up or keep track of the 10- 20 investments in these coins, what do you think would happen?