Post
Topic
Board Altcoin Discussion
Re: Ethereum will still be my choice this year.
by
deathcode
on 14/04/2024, 02:30:49 UTC
Investing in altcoins is high risk but ETH and BNB cannot be excluded in this case. ETH and BNB are the top altcoins and they have good strong support in various aspects which has caused their prices to skyrocket. But investing in them also carries high risks. you can look at today's market and you will see how much the price of all coins including BTC, ETH, BNB have dumped so those who sell their coins today will definitely face losses. so I believe in the concept that long term investment can bring a good profit with any coin investment not only ETH & BNB. apart from these, there are many other coins in the market which have a good market cap and have been in the market for a long time. so they can also be invested. But one thing is that in order to invest long term you have to trust a coin first or else you will panic and quickly panic to sell.  So who invests in which coin and for how long depends on how much one can trust which coin

Investment is not only related to the assets chosen but also the right market momentum to maximize the investment made. but there is no doubt for ETH assets. they have a huge market, there should be no hesitation in putting your money there. it's just that we have to wait for the right moment. a slight decline is not necessarily a good opportunity to buy, we have to analyze the market to get a good price for us to enter.