favorite coin Your favorite coin

[MyThoughts 514]

Do you have a favorite coin?
What is this coin?
And if this is not a secret, then what did you repel when choosing your favorite coin?

[MyThoughts 514]

7 minutes ago, iamsheikhadil said:

My favorite coin is a hard fight between steller and ripples. Both have the functionality in solving banking challenges and bringing a common currency of every financial institution. 

I understand you.
Thank you for such an unusual but understandable answer to me.
I once read a bit about these coins.
And yes, they aroused my interest, but I still won’t get to them...

[xBDT Script 4371]

@OP, we already have discussed about it in another topic. Anyway, my first choice is BTC of-course however I have NEO and ETH in holding.

Pretty happy.

[MyThoughts 514]

13 minutes ago, iamsheikhadil said:

😄 the reason why I prefer these coins is because they are getting adopted fast and have great applications and hence has room for growth. A surge can result in 2x or 3x the price! Which is hard with big coins like btc ltc 😄

 

Thank you for such detailed and very interesting information.
Perhaps one day I will also try to make money on these promising coins.

[MyThoughts 514]

16 hours ago, iamsheikhadil said:

I wouldn't advise but surely you can research on these coins and put a part of your portfolio in them 😄 maybe you will get quick profits 😉 but yeah after doing research!

Thank you for warning about the risks. This is useful information for me.
Maybe you can advise which coins are best suited for profit generation, in your opinion?

[MyThoughts 514]

2 minutes ago, iamsheikhadil said:

Well, for the short term in the past months I had a ride on BNB and dogecoins. Qkc was also good. If you are looking for short term then I would say EOS can be good.

Thank you very much for such data, but I'm more interested not only in short terms, but also in sharp jumps upwards - x2, x3 and more.
Dogecoins coin is not suitable for this...

[MyThoughts 514]

5 minutes ago, JesusisLord said:

Is there any reason why you would pick BNB coin? I often find that exchange built coins are a waste of money.

And what coins can you recommend for short periods and sharp jumps?
On which coins, in your opinion, is it better to make a profit?

[MyThoughts 514]

48 minutes ago, JesusisLord said:

I tend to only trade with the top coins because they move faster. Coins like Ethereum and Bitcoin is what I am trading.

If you mean trading for more than $1000, then I understand you.
In other cases, I think investing in such coins is possible only in the long term...

[MyThoughts 514]

51 minutes ago, iamsheikhadil said:

For short terms, the best is to invest some small amounts into newly added coins in the exchanges as the money is poured in and it is bound to grow. Just make sure to withdraw it at the correct time

What time periods are relevant for the newly added coins?
For example, from the beginning of the appearance of coins up to 3 months, or from the beginning up to 6 months.

[MyThoughts 514]

3 minutes ago, JesusisLord said:

Even hundred dollar trades would be worth it if the price does up/down fast enough. Plus trading with leverage works.

Can you advise something, what exactly is the best way to trade with leverage?
It would be interesting for novice traders to find out the opinions of those people who have already once directly faced this.

[MyThoughts 514]

15 minutes ago, iamsheikhadil said:

No no. That would be too long.

Keep updated beforehand about the news of the coins that are to be added.

Then keep your funds ready. And once it's listed, just go all in (or as much as you can afford to take risk).

And once it reaches 50%>, sell it. It shouldn't take more than an hour to few hours!

This is very useful information.
Thank you.
Please tell me, maybe you know good sites where there is an opportunity to find out about upcoming coin releases before they appear?

[MyThoughts 514]

9 minutes ago, iamsheikhadil said:

Coindesk provides good news. Better is to follow some good YouTubers and obviously the Twitter accounts of major exchanges. They tweet about the upcoming coins beforehand 😉

This information will be useful to many novice traders, for those who don't have too much experience.
Thanks again, and good luck in trading!

[MyThoughts 514]

55 minutes ago, iamsheikhadil said:

🙂

for reference see what happened to bcn price for the first one hour of its launch. 

20x in one hour than back to normal price. On of my friend turned 1000 into 20000 bucks lol

In one hour ?! Wow!
Lucky your friend.
Well it's necessary to be on time in the right place, on time to buy, on time to sell... )

[Lxl86 26]

For investment purpose, Bitcoin, Ethereum, Stellar, Ripple and Litecoin are my favourite coins. Investing in top coins is safe and easier to track the price action. Beside, I also like all coins having fast transaction speed like Stellar, Ripple, Tron,... Their transaction speed makes thing to be done faster, instantly.

[MyThoughts 514]

3 minutes ago, iamsheikhadil said:

Yeah, but he has lots of losses from shit coins as well. I guess it takes a lot of burn to reach that position where even luck becomes your friend xD

I don’t know what luck depends on and how to learn to catch it.
Over time, I begin to understand that it’s better not to look for it, but just to live.
And then luck itself sometimes begins to visit us.

[Mohs3n71 0]

I like DOGE coin and LTC because their transaction fees are really low, transaction are fast and great for moving money between exchanges and wallets

[cuterthing 261]

My favorite coin is NXT because it went to the sky 2 years ago and it will go again.this time I will wait for 5 USD per nxt!

[zhaazure27 524]

On 10/4/2019 at 6:54 PM, MyThoughts said:

Do you have a favorite coin?
What is this coin?
And if this is not a secret, then what did you repel when choosing your favorite coin?

Yes, I have several coins that I favor such as Bitcoin and Ethereum. Both of these coins have a high selling value, especially Bitcoin which is now valued -+ $9,500. Very fantastic price right.

[Migo 7946]

I prefer bitcoin for now and always will be, it is very profitable and powerful, with a coin like that you can change your life and your future 

[MyThoughts 514]

3 hours ago, madera said:

First Bitcoin for ever and then the second is Ethereum, those two cryptocurrencies will be the big in the future, I think there are not other coin who can be better them right now also in the future.

You are right about coins number 1 and number 2 in the cryptocurrency world now and in the future.
In the future, they will only improve and develop.

[Crypto123 0]

My favorite currency is primarily Bitcoin and then Ethereum, XRP, TRX, DOGE,  I think that these currencies are favored by the majority of people and are strong currencies and have proven a strong presence and stability in the market.

[Rg123 318]

Well, my favorite coin is bitcoin because it is profitable and good in terms of transaction online, and bitcoin is yhe highest value for now and the rank 1 in yhe crypto rankings.

[Tine0313 3053]

My favorite coin in cryptocurrencies is bitcoin, aside from it always ranked on top, it is the most popular coin around the world, and it has the highest value among the rest.

[MyThoughts 514]

1 hour ago, Bithe06 said:

I favor bitcoin for right now and additionally frequently would be, it is relatively productive and additionally amazing, by having a gold coin want that one can transformation you additionally your long term future

Don’t you consider Altcoins?
There are many very interesting and promising projects.
In my opinion IOTA (MIOTA), Tron (TRX), Waves...

[miskyming 1588]

My favorite coins that has good to hold for long term are Ethereum, Binance coin, Litecoin and Neo, also good for shot term as well.