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Best cyrpto to invest in now?

  • Thread starter Thread starter Smokey
  • Start date Start date

Smokey

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I'm brand new to crypto. I really know very little to next to nothing about it, but i hear it could be a good investment? What is the best crypto to invest in now and the safest/best one for a beginner like myself?
 
At the moment, I am hearing that Litecoin may be the best one to invest in at the moment. Many are expecting this one to be the next cryptocurrency that will explode so anyone wanting to invest in crypto at the moment should probably consider Litecoin.
 
Bitcoin can be a smart investment for several reasons. Firstly, it has the potential for high returns because its value can increase significantly over time. Secondly, it provides a decentralized system, meaning it's not controlled by a single authority like a government or bank. This can lead to more financial freedom and protection against inflation. Lastly, Bitcoin is easy to access and trade online, making it convenient for individuals looking to invest. However, it's important to remember that Bitcoin's value can also be volatile, so it's crucial to do thorough research and consider the risks before investing.

Now, I personally invest heavily in Dogecoin and Shiba while having a weekly automatic investment in Bitcoin and Tesla. Dollar cost averaging will help you in the long run instead of purchasing a lot at once!
 
I can still say that am still a novice in crypto investment but I can still give helpful important tips which is : research from experts and crypto platforms to know the current state of the crypto market and to know the best coin at that period to invest in.
 
I opt for Bitcoin in most of my investments regarding cryptography right now, due to its decentralization, it is the most accepted and famous within the crypto space and by institutional investors, it is the one that marks the way to the bullrun etc, other good investments within the ecosystem can be Litecoin, Ethereum, Polkadot, Cardano, Cosmos Atom, Monero, Render Token, Iota...
 
Some of the best cryptocurrency which have proven to be the best for someone to invest in 2023 are the following ;

1. Polygon
2. Solana
3. Avalanche
4. Ethereum
5. Hanging Trails

Some still believe that Bitcoin is still in line of good cryptocurrency to invest in.
 
If you are new and want to invest but are afraid of risk, I will suggest three cryptos, Bitcoin Ethereum, and Binance Coin. If you want to explore more, you can try investing in Polygon Matic, Cardano and Solana.
 
Nomad said:
If you are new and want to invest but are afraid of risk, I will suggest three cryptos, Bitcoin Ethereum, and Binance Coin. If you want to explore more, you can try investing in Polygon Matic, Cardano and Solana.
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I know a lot of people who invested in Binance Coin when it was below $150 and the way the coin appreciated over a period of time, they have been able to make a very big profit from their investment which is why I still believe it is a very good cryptocurrency for one to invest in.
 
I see some persons actually talking about Bitcoin and I think that's just a bad investment choice except you have up to one Bitcoin value to invest with. It would be more profitable to invest in other coins with less value for maximum returns.
 
Smokey said:
I'm brand new to crypto. I really know very little to next to nothing about it, but i hear it could be a good investment? What is the best crypto to invest in now and the safest/best one for a beginner like myself?
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The cryptocurrency I would invest in again now if I have the money to increase on my investment are, Bitcoin, Ethereum, Litecoin and Solana. They are cryptocurrency which you can trust as a good project and you won't worry about any of them being a cryptocurrency scam.
 
Skysaint said:
I see some persons actually talking about Bitcoin and I think that's just a bad investment choice except you have up to one Bitcoin value to invest with. It would be more profitable to invest in other coins with less value for maximum returns.
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1 Bitcoin is at $25,946 at the moment, so you're saying that before anyone want to invest in Bitcoin, they must have $25,946? Well, that's a false and wrong claim. In as much as it's good to invest with a good amount of money, it doesn't mean that one can't invest $500 in Bitcoin and still make money from it.
 
Mostee501 said:
I can still say that am still a novice in crypto investment but I can still give helpful important tips which is : research from experts and crypto platforms to know the current state of the crypto market and to know the best coin at that period to invest in.
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This is also a good approach. You can be able to learn more about crypto currencies by following some popular crypto currency accounts on Twitter and Facebook. I like the fact that there are some honest people out there that can tell the truth unlike some that won't want to let you know the motive why they are recommending a particular coin.
 
Henrywrites said:
This is also a good approach. You can be able to learn more about crypto currencies by following some popular crypto currency accounts on Twitter and Facebook. I like the fact that there are some honest people out there that can tell the truth unlike some that won't want to let you know the motive why they are recommending a particular coin.
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Twitter have also been known to be used to promote cryptocurrency that has scams. This is why you have to be very careful when it comes to the Twitter handle that you're following for any kind of cryptocurrency information. I will just advice that you make use of recognised Twitter handles whenever you want to get any information about cryptocurrency.
 
Heatman said:
Twitter have also been known to be used to promote cryptocurrency that has scams. This is why you have to be very careful when it comes to the Twitter handle that you're following for any kind of cryptocurrency information. I will just advice that you make use of recognised Twitter handles whenever you want to get any information about cryptocurrency.
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As of now, I would not be investing in any kind of cryptocurrencies. I am focusing on some other markets such as Forex or gold market. Having said that, social media platforms such as telegram have also been used to promote many kinds of different cryptocurrency scams as well.
 
Good-Person said:
As of now, I would not be investing in any kind of cryptocurrencies. I am focusing on some other markets such as Forex or gold market. Having said that, social media platforms such as telegram have also been used to promote many kinds of different cryptocurrency scams as well.
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It is always going to be a good thing for you to have several alternative projects to invest your money into. Just like you mentioned forex trading, the good thing about forex trading is that you will always have the opportunity to trade everyday as long as you know how to analyse the market and carry out your trade successfully with minimal risk.
 
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