I want, after the noticeable decline today, I want you to advise me on some currencies to invest in. I have two thousand dollars to invest. I want you to give me a list of digital currencies to invest. What do you advise me?
because I see you are also new here. I prioritize investing in ethereum (ETH) only.
never look at memecoins or other shitcoins. If your experience is good, you can try using altcoins that fluctuate more than ethereum.
Why would you invest in Ethereum only when we have Bitcoin and other altcoins. It is always good for us to look for a good.project we can hold to make money from the market. Meme projects are also good just like we have defi projects we can always hold to make money from the market. It is good for us to invest in nice projects so that by the time the price of Bitcoin is going bullish, we can always make money from the market while holding without any more fear.
I say that because I see OP is still a newbie here and doesn't seem to be very familiar with other altcoins. If I suggest choosing memecoin without any good experience, of course when you lose a large amount of money you will definitely think crypto is a scam and will only add negative thoughts to crypto itself.
If you are like us, who have been involved in the crypto world for a long time, you will definitely be able to choose which crypto is more profitable with all its shortcomings, such as the memecoin you mentioned earlier.
As for Bitcoin itself, there's clearly no doubt there. You can definitely make a profit even if you don't know what the current market conditions are. Just put money in, just a few months or years and you will definitely make a profit.
Not all meme coins are bad just like we have good and well recognized meme coins op can hold for the bull that are doing well in the market now. Making money is not easy in the market that is why we need to be prepared and always look for good project to hold to keep making money from the market. Meme coins mike Shiba Inu, Pepe, Memeland, Floki etc are good to hold and we can all make money from such projects because the price has been doing well in the market for a long time now. Although newbies need to be informed about the risk that is involved in investing in the crypto market.