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Going all in crypto... Which coin to invest in?
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[quote:gts167:MV80NzQxMDUyXzg2MzcyNzQyX0U1NTVBRkY3] Be smart, do nothing for a while but start absorbing information... youtube is pretty good. Get signed up to Binance, account approval takes a while. I’ve been following the channel “mmcrypto” for a while, he’s intense and fast paced but his analysis is good. Learn what some of the patterns and behaviours are before you do anything, and do not “buy with FOMO”. If something is on the way up, leave it. Like bitcoin right now has jumped about $6-7K in less than 24 hours, don’t buy it now. It will dip back down for sure, not necessarily much but it will. Ethereum is good. Cordana seems good for a cheap one. Dogecoin has become more solid of late, bit of a joke for a long time but worth a look. Binance coin is well worth a look, quite clever that one. Bitcoin is safe, it’s the gold of crypto. I bought a little in the mid $40K range. If it drops to $30K I won’t be sad, I’ll buy more. The big money is in futures, short/long trades. Big risks too, not for beginners. That is mostly what the mmcrypto guy does, but his analysis is good for buying and holding too. Learn terminology, it’s nearly another language. Learn how charts work, fibonacci etc. Remember plenty of what you are really buying into is just internet hype, so learn what’s popular with people and why. This is why I like dogecoin and many other laugh it off, but shitloads of nerds online are really attached to this coin. Get on youtube. Look at both the pros and cons of everything, make your own mind up but it’s worth listening to people who are against crypto too. [/quote]
Original Message
Tired of watching it blow up thinking it is just gonna crash but it's not.
I've got a couple thousand to throw in.
What say you all?
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