Aug 4, 2022 05:21 PM
(This post was last modified: Aug 4, 2022 05:21 PM by flylngduck.)
So i am looking to invest alot and hold it for 5 years. Which coins would get me rich? which ones should i invest in your opinion.
Right now im thinking about btc, ltc , xmr, etc. Other than that im not sure and im very new to this crypto thing
Those are all good choices and I probably couldn't recommend anything better if you're planning to hold long. I have a bias towards ADA since I own a shit ton, but if I had the money right now I'd probably prefer ETH.
(Aug 4, 2022 05:25 PM)Poochyena Wrote: Those are all good choices and I probably couldn't recommend anything better if you're planning to hold long. I have a bias towards ADA since I own a shit ton, but if I had the money right now I'd probably prefer ETH.
Yeah true, gonna add ETH aswell. What do you think which coin has the most potential?
Disagree with the LTC pick myself, it's "safe" I guess but feel there's more potential RR with other projects. Personally, I'm looking to long BTC, CHZ and BNB, maybe VET (at some point). GL bro
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LTC moves with BTC, not a great investment although it's great for personal use (fast and cheap)
Depends on how much you're investing. If it's $50,000 then 2 Bitcoin might be worth $1m in 5-10 years. If you only have $500, then almost nothing is gonna make you rich that's predictable.
Bitcoin is the least risk of all pure crypto plays with the most upside potential imho.
If you have 50,000 ETH if you have 100-1K get into the shit coin game and risk it all.
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ETH as it is pretty clear it is the KING. Get yourself some BTC as well.
Actually, it's quite known that Basic Attention Token is the KING of all crypto currencies.
Also OP just buy Bitcoin and maybe some Ethereum if you really want to spice things up.
You never know with these other alt coins.
As always, I think LTC and XMR are terrible investments. People buy these to use and then sell, not to hold.
(Aug 4, 2022 07:28 PM)Omniscient Wrote: Depends on how much you're investing. If it's $50,000 then 2 Bitcoin might be worth $1m in 5-10 years. If you only have $500, then almost nothing is gonna make you rich that's predictable.
Bitcoin is the least risk of all pure crypto plays with the most upside potential imho.
My budget is 5k - 10k would investing in bitcoin still help? or should i try other coin
(Aug 5, 2022 07:25 AM)flylngduck Wrote: My budget is 5k - 10k would investing in bitcoin still help? or should i try other coin
Bear market I would suggest buy top 10 market cap project.
Once BTC pump, top 10 project will usually follow but low marketcap project might not be follow.
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