I have some bucks to invest & I'm not sure. Don't wanna buy BTC as I already have some. For these savings, I am planning some altcoins to add in my portfolio.
Not sure yet if I want it for long term or short.
Suggestions are appreciated.
Either short or long term you said, Ethereum is the best choice. You can hold it for as long as you can and it's the same as Bitcoin. But also the same with other altcoins that you can dump anytime you want whenever you're in profit and if you want to liquidate it.
Some may say that you can choose the memecoins, you're free to choose them but not all of them are going to be a good choice for you. My suggestion to you is to choose only the memecoins that are already established.
And that is because many of the investors of it think that any of it is a good investment and anything that you are early is a win for you. I'd say that not in most cases, you still need to be vigilant and always DYOR!
Thanks for sharing your thoughts! Ethereum does seem like a solid choice for holding, with its stability being comparable to Bitcoin. And I agree—having the option to sell when you're in profit is a big plus with altcoins. ( Done it in 2k23 as tbh, earned bigtime )
When it comes to memecoins, I completely understand the need to be cautious. Established ones do offer a bit more security, but there’s also an interesting niche emerging with Meme game tokens. These coins tie into gaming, creating a unique mix of fun and investment potential. It's an area where you still need to be vigilant, but it could offer something different for those willing to explore.
As always, DYOR is key! Thanks again for the advice.