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[BMF]

From what I've read and upon my understanding Bitcoin , Ethereum , Ripple , Litecoin , Dash , Monero and Bytecoin are in top of the market charts.

In your opinion which is the best cryptocurrency to invest RIGHT NOW?

 

[Yugocean]

Right now some lesser known cryptocurrencies like XPLay, and some good known like VeChain (VEN) are getting stronger; since last week they do not received any big fall and they have gaining in coin market; they are good to invest now.

 

[Medowriter]

I guess you remember about this topic ( @Mr. B ) specifically this answer https://www.beermoneyforum.com/threads/best-cryptocurrencies-to-invest-right-now.899/#post-4844 (the 2nd reply) when i recommended to invest in ETH when 1 ETH was 247$ in june 2017. Also see my next replies about ETH . Do you know how much is 1 ETH right now ? 1119$ https://coinmarketcap.com/currencies/ethereum/
In percent, lately ,ETH has a better grow than bitcoin and someone suggested me to exchange for because i wont be able to sell bitcoin if i need a computer due to high fees and stuck network with transactions , and ETH can be sold/sent much faster so i'm gonna keep watch the bitcoin price price and ETH and i might exchange it for ETH on blockchain (internal) .
Bitcoin is struggling to grow with 1-3% lately but ETH grows with 8-10% .


Iknow, right ? I started to make some claims on a DASH faucet when the DASH was 700$ . To bad i have only a small fraction of a dash on faucethub I was thinking to exchange it for satoshi but nowadays bitcoin grows to slow so ill keep the altcoin for a while

It is better not to put your head in one basket, every coin is important and it better to save your dash coin as it is rising while bitcoin keeps fluctuating. i am also keeping dash now with the hope that it will rise more

 

[Crystal]

Although Cryptopia is trusted exchanger, yet you will have to either keep your earned Electroneum there, of have to use Electroneum's different wallet; we cannot use every another wallet, and we must have the facility of just few wallets. SO investing in Electroneum will be of higher risk.

I/ve read somewhere on the electroneum website that the wallets are offline because they are working to improve security thats why i have specified that investing is not recommended at the moment even if the coin value would go up, just because of their wallets low security.
Not sure if their upgrade is over and wallets are back online.

 

[Yugocean]

Better we do not invest in a coin that we cannot use it; if any exchanger is using it, then we have to put all such coins in that exchanger account till the real wallet come up and we can use it. So use Ethereum now as it has most of the wallet support with good going on.

 

[Emill]

Better we do not invest in a coin that we cannot use it; if any exchanger is using it, then we have to put all such coins in that exchanger account till the real wallet come up and we can use it. So use Ethereum now as it has most of the wallet support with good going on.

or if you're planning to invest huge amounts you could buy a hardware wallet such as Ledger Nano S and that will allow you to store any cryptocurrency you wish. and another advantage to consider is that it is way safer than online/software wallets

 

[Medowriter]

Yes,you are right about it.I would like to invest a medium sum in every new coins,but I am thinking where to store safely,because if it is a new coin,he doesn't has his own wallet,I guess,or if he has,it is trusted?

The safest way is to invest little amount in different coin for instance if you have $100 to invest you just pick 10 different coins and invest $10 each with this there is assurance that 6 out of 10 will yield

 

[Yugocean]

If you are willing to invest, then there are more Hard forks of Bitcoin; two new are Bitcoin Diamond and Super Bitcoin; these both are good valued in market and their price is going up, especially of Bitcoin Diamond, but it is not supported by much wallet; while Super Bitcoin have it's own safer wallet.

 

[Emill]

The safest way is to invest little amount in different coin for instance if you have $100 to invest you just pick 10 different coins and invest $10 each with this there is assurance that 6 out of 10 will yield

it would be easy if you could do the math like this, but it doesn't always go that way. wanna hear a counterexample for 6 out of 10?
the most concrete example would be if all those 6 out of 10 go up only by maximum 50%.

let's suppose they all go up exactly by 50%. that means you have a 5$ profit for each 10$ invested, total profit 5x6 = 30$ + your 60$ = 90$.

so if the other 4 cryptos decrease in value very much, you can have 0 profit or even a loss. the probability is very small, but that was just to show that 6/10 is not a 100% profit assurance either

 

[Yugocean]

This is sure way of not an actual increase of investment. Maybe this will have to wait for a long term investment; however short term investment is better. If we check the market, even dogecoin is a safe way because it's price is effected only little, and investing in dogecoin can make a good return even with few cents raise will make returning in better percent.

 

[tusziget]

I think investing a bigger sum in well known cryptocurrencies is ok,when their price drops a little bit,and to invest a little sum for the start in new coins.If the new coin is going well on the market you can buy even more of them,though it is risky.

 

[Yugocean]

The beast is every day changing and new one is becoming best; you can try KiloCoin, although it is not big; but since this month it is getting strong and have a good value with it. Normal raise is still with Ethereum.

 

[tusziget]

I am aiming for the next cash out on https://www.beermoneyforum.com/ to ask it in Ethereum,because his price was getting higher.I intend in some way or other to collect some Ethereum as well,as I expect in the future to get much higher value.

 

[Lovely]

It is better not to put your head in one basket, every coin is important and it better to save your dash coin as it is rising while bitcoin keeps fluctuating. i am also keeping dash now with the hope that it will rise more

This is exactly what I'm doing now,I collect all the coins that a single faucet has got to offer especially now that the reward of BITCOIN is becoming smaller by the day,I claim more of dash and BCH hoping for better days for those two or more.

 

[Yugocean]

Coinonat (CXT) is today's biggest gainer with over 200% gain and making over $200k volume in 24 hours; it is still below 9 cent and good for invest if someone wants. But market risk cannot be ignored.

 

[Medowriter]

Coinonat (CXT) is today's biggest gainer with over 200% gain and making over $200k volume in 24 hours; it is still below 9 cent and good for invest if someone wants. But market risk cannot be ignored.

Guess it a new coin thatbis just launched cos most new coins do rise cos their values are very small that everyone can afford to buy so it is always a big boost to initial investors

 

[Yugocean]

Gain of Coinonat (CXT) has dropped, but still it is still over 191% ; and volume has raised over 300k USD. Exchangers like Cryptopia,CoinExchange and YoBit are allowing CXT exchange with BTC.

 

[overcast]

DASH and bitcoin cash seems to be in demand for the investment. so make sure to invest into them and see where it takes you. that's surely something good enough. I hope things work out on thaat end.

 

[tusziget]

I have seen that the price of the Bitcoin Cash went down a little bit,still I think it is very valuable,because his value will get higher,when BCH will be in demand.The transactions are very fast with Bitcoin Cash,which is very good.

 

[Yugocean]

Dash and BitcoinCash are also in drop; crypto market badly dropped; so we just have to move to those currencies which are gaining or which can gain fast. There is no guarantee with coin market status.

 

[Medowriter]

most of these things are unpredictable like forex cos generally most of the high priced coins have dropped most especially bitcoin, it weakens me but i hope thing get back to normal