What "Low Risk" Coins would you Suggest for Investment?
A couple of months ago some friends of mine asked me about cryptos. They wanted to know how to get involved even though a couple of years ago they made fun of cryptos.
As the good person i am, i helped them out, told them a few things about cryptos, and set them their binance/bittrex accounts as well. I tried to shill Hive and Leo to them but it seemed a bit complicated in their eyes.
Then they also asked me for investment advice regarding what coins to buy and such. I had made a post here as well in order to see what you guys would suggest if you were in my shoes.
Your answers helped a lot and i really liked that we had common thinking. Possibly that common thinking comes from the same experiences but who knows? As i said you really helped me!
I suggested "risk-free" as i call them coins like bitcoin, eth and ada . There are no risk-free cryptos to be honest, in a way they have the highest risk as you can see changes in the price of over 100% in a day.
In my mind, though there are some cryptos that won't lose their value that easily. I don't know what will happen in the coming years but for now, i think we got some safe choices to invest our money.
Of course, i strongly advise everyone as i did with them, to do their own research before investing and that they shouldn't invest more than they can afford to lose. Following my advice, they decided to invest 900 euro.
They decided to follow my advice and invest in btc, eth and ada. I helped them a bit with "day trading", buying low-selling high when i considered them time was right. It was a success but when they tried to do so it failed :P
Then i told them either let me do it or if it's too stressful simply hold and wait. I had the usual "nagging" during some small dumps but all in all "i managed" to increase their investment by 60%.
Now they want to invest around 100 euro but don't want to "play" it that safe. I told them that safety is the best way for them but they insisted. I also told them that i'll try to give them some suggestions that won't be too risky.
If let's say btc is 100% risk-free i would try to give them 60%-70% risk-free options. You know that's subjective but you only live once. So the choices that i am thinking of suggesting to them are VeChain, GRT, Enjin aside bitcoin cash and litecoin.
So once again i am asking for your help and suggestions. What "Low Risk" Coins would you Suggest for Investment? note that their 100 euro as on Bittrex!
What's your Opinion?
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Hello friend, I find your recommendations very interesting, as you say no crypto is risk free, but studying a little about trading and knowing how to do analysis can help us a little.
Thanks again for your analysis, see you later !
thanks for stopping by!
Low risk? does that even exist in crypto? lol. well, the lowest risk coin is bitcoin, I hope that helps
hmm i think that you didn't actually read my post :/
Nope, it's more likely you didn't read my comment.
great argument
I specifically answered this myself, someone that actually read the post and not the title, wouldn't reply like that.
not you didn't help as once again you said something that not only i said, but cut it out from the option given in my post. Another reason that shows that you didn't actually read the post. Either that or you don't understand what you read.
Trying to deny that or act smart only does the opposite
Well, this is funny. I'm not obligated to reply to your post. If I didn't pick interest in it, I wouldn't read or comment. So, if I did, then I actually read it. If solidifying your point means not reading the post or 'playing smart' then you might like to reconsider your choice of words. But first of all, learn how to approach people with some sense of maturity. Thanks.
for sure you are not obligated to reply and if you do you can reply whatever you want. As i am free to write and reply to whatever i want to as well.
anything you said in all your replies after the initial comment doesn't change the fact that your comment doesn't really provide anything. Not a piece of advice, a suggestion, an inspiration, nothing relevant other than repeating my own words.
I don't want to approach people like you especially that immature that don't get the point and try to insist on their opinion and not accept their mistakes and grow from there.
finally, my profile as every profile here is transparent due to the blockchain, so we can easily see how we both approach people and how in general we act!
thanks for stopping by but i would like if you are kind enough not to comment on my posts again. hey you are free to do as you like though
'Mistakes' lol, OK.