Which currency do beginners prefer to invest?

[trungnguyen 49]

In my opinion now bitcoin cash is the best choice. bitcoin cash is like bitcoin is in a halving phase so the price will increase.

[Ryken8 545]

Most beginners will start their investment is small portions of bitcoin simply because most people will learn and hear about bitcoin first before even learning about cryptocurrency in general. Bitcoin is also the most accessible coin to buy as it can be purchased through bitcoin atm and such simplier and more common method similar to fiat that beginners will be more familiar with instead of going to exchange platforms.

[nykas 2812]

When I started my investors career I bought 0.21 ETH. It was my first actually good and popular cryptocurrency. I would recommend newboes to buy popular coins from top 10 CoinMarketCap, because such way they can learn cryptocurrency on specific examples and decrease chance of losing money. 

[guatazoo 7150]

Many beginners when started to the world of cryptocurrencies, they think doge coin and others low worth coins are good to invest for hopping thats they will become like the bitcoin price in the future, but I would like to suggest to beginners that's they should invest in successful coins such as bitcoin, ethereum and lite coin. 

[Teminali69 1081]

On 11/7/2020 at 11:53 AM, Anoni said:

Im a beginner and i don't  know properly   which coin is good for me to invest. I don’t  invest yet. This post is very much helpful for me. Personally i like bitcoin cash. In future i will invest with bitcoin cash 

When you start to think about buying coins and invest in them, you should consider top ranked coins, because other some other coins much be way more profitable but you would not know which ones without proper study/research.

[mzk7736 1592]

Preference is one's own choice but I recommend to always invest in BTC or LTC in beginning because these coins are developed and free from risk of being dead taking all the investment away.

[Razan alikac 1899]

There are very important things for beginners in terms of choosing the currency and it is best for it to be a famous, known and reliable currency, whether it is Bitcoin, Doji or others, and most importantly, choosing the right time to buy and sell.  It is better to buy small, gradual quantities rather than all at once

[P A Ashif 2409]

Well if you are a beginner then it's my personal suggestion that don't go for Bitcoin. There are so many demerit of this. First of all , usually a beginner don't have or don't want to invest huge. So If you gi for a Bitcoin transaction then you will have to pay huge fees. In fact in yobit if you go for a Bitcoin withdrawal then you are charged too high. I suggest that go for second or third best coin. 

[Abuhassan 89]

Beginners should be weary of which kind of token that is most suitable to invest they should make a background research about a profitable coin to invest so to avoid investing into a dumb coin.

[Mridul Rahman 1058]

1 hour ago, Iffath iffu said:

Then after a few days these shitcoins crash and Bitcoin gains more dominance while going up or down. These overhyped altcoins have little potential and if you don't own at least 50% of your crypto investment in Bitcoin you will get rekt.I prefer top 20 coins of coinmarketcap is best coins for investment.

You are quite true but bitcoin can be risky for the newbies in crypto. I am sure that most of the people come in crypto by hearing the movement of bitcoin. It is the most talked currency in crypto. Bitcoin is very high at price so the profit will be more if he does long term holding. Bitcoin is rising now but a few months ago it was very hard for bitcoin. So time is the thing that the traders depend on. Yes bitcoin is trusted thats why they feel safe in investing bitcoin.

[Kimi_kun29 106]

As a beginner myself, I would prefer XRP coins. It can be easily traded to other coins and it doesn't have a blockchain. It has its own systematic way of mining. Some countries already accept Ripple as their payment, and even they banks accept it. so basically, no one own ripple coins by only itself. Here's the link for further knowledge, happy reading everyone ;) 

 

https://chillur.com.au/ripple-xrp-for-beginners-step-by-step-guide/

[mojtaba56k 1]

 i think if you invest in new coin is beter than old one. you can search and find some good project and invest in some 

[FA19A7BB015 139]

I suggest you that if you are biggner then you will use low currency such as ltc when you have a lot experiences then you will invest high currency such as bit coin or ethereum because you have more ideas after some trading in low currency that's it.

[Jack4938 0]

As a beginner in trading, it is easier to star as it in safe hands on the basic investments. If you organize not suffer enough data and incident in the market, it is preferable to pick accepted cryptocurrencies like bitcoin, ethereum and Dash which allow fewer probability of loosing its value. Investing in very well dangerous assets is else large of a danger for any naive trader.
 

[MoralStories 1127]

As the beginner do not know much about the investment or about the cryptocurrancy so they know only about the btc that is well known so they invest in that.

[TMilew 8]

In my opinion the best currency to invest its a "digital gold", bitcoin. Its price almost never goes down. While the early pandemic time it dropped down massivly but then adjusted and now going up every Day. 

[Alimhana930 1605]

In my opinion, for beginners and non-beginners, the best currencies to invest are the 30 main currencies in the market cap It has huge projects and has higher market liquidity acquisition ratios For currencies that do not own a blockchain, they can be availed of by speculating quickly and in sums of money that can be sustained.

[joemcgwa 3227]

On 11/14/2020 at 4:53 PM, guatazoo said:

Many beginners when started to the world of cryptocurrencies, they think doge coin and others low worth coins are good to invest for hopping that's they will become like the bitcoin price in the future, but I would like to suggest to beginners that's they should invest in successful coins such as bitcoin, ethereum and lite coin. 

The good news is that's currently the beginners should start free with posting on cryptotalk and be earning good amount of talk compared to bitcoin rate.

[scofield64 943]

It's depends on the beginner which coins do he or she prefer to invest in, some prefer to invest in bitcoin others prefer to invest in Ethereum while others are Litecoin and so on. 

[Artugul78 91]

Investing is the most profitable If you really want to invest and if you are the first you need to know about investing first and get the right idea about it then you have to invest according to the price of the currency and its type but I think bitcoin invest now  It will be very valuable and profitable because the price of Bitcoin is rising tremendously at the moment.

[freelancer 900]

It's miles handy to start with bitcoin given that for protection it's going to have fewer robust rises and falls than other cryptocurrencies. And the complete procedure of buying and preserving the coin is less difficult. Then it could be XRP or a number of the primary cryptocurrencies.

[cryptoman22 1026]

I think and it is my humble opinion, a good cryptocurrency platform for beginners in the world of cryptocurrencies would be dogecoin (DOGE) since it is a very popular currency with low commissions and easy to get to me personally, it is a cryptocurrency of my favorites

Good luck and big winnings
A big greeting

[GanBin 705]

Before beginners will invest in altcoin, 99% or more of them would have invested in bitcoin. Which makes bitcoin the coins preferable for beginners. Like me, I first invested in bitcoin before any other coin. 

[Amrutha 4]

Beginners usually prefer major currency pairs. Like the EUR/USD or GBP/USD where liquidity risk tends to be low. These are heavily traded currencies which means spreads are tighter and the risk of slippage is lower than for most other forex pairs

[Sherrybhai 385]

As a beginner you should first look into the market , you should understand the complete graph representation of the coins. In my opinion go for btc . This is the time to buy and hold your btc predictions is very high , btc almost about to touch tha 200k usd  . Beginners should start with bitcoin buy them trade then after some time when thye think they have learnt much then go for other currencies to trade.