What Cryptocurrency to Buy?

in LeoFinance12 days ago

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Greetings to everyone that's reading this super awesome post! I hope you are all ok, healthy and lockdown-free. Here in Greece, we are on lockdown for more than 2 months i think but who's counting!


Binance Deposit Story

Here is a little story of mine before we dive into the real question regarding my whole process of depositing using Binance. So to cut the long story short i had some spare money to invest in crypto.

When i say spare money i am talking about 150 euros. I know this isn't a big amount by any chance but that's the life of the poor young filotasriza3. I had my Binance account already and tried to do a bank transfer to deposit that amount.

The process was easy, although i paid 10 extra euros from my bank because of the Brexit (that sucks). Anyway, the process took 3 days and because i wasn't certain of how long it takes, i tried to reach customer service and ask.

I tried 3 times but out of those 3 the 2 were a total disaster. Not because of the customer service itself but cause of the long queues. I think both times it has over 1000 people waiting and that translates to literally a day worth of waiting.

Thankfully, i was lucky the last day because the line had "only" 200 people which was around 4-5 hours of waiting. Anyway, they told me that the transfer was on the way and literally after a few minutes the amount deposited. i don't know if this was a coincidence or if they did something but the bottom line is that the money are on my account.


Where to Invest?

Now we finally come down to the main question of where to invest that amount. For starters we gonna exclude btc or eth from the list as well as LEO or HIVE.

Even though BTC and ETH are the top coins i don't wanna buy, i just want to find other opportunities out there with real potential. For example, i like eth but i hate the gas fees!

Also, i don't wanna buy more LEO or Hive because my goal is to increase my stake organically and i am doing that since ever! For that reason, i wanna check for something else and ofc i want the help of the community.

For instance, a friend of mine will most likely invest another 150 euros in days from now. I will advise him to buy either BTC/ETH (because it will be valuable for sure) or LEO/Hive because i believe in their potential and that the prices will increase (we saw that on LEO already)

But in what should i invest?

I know from what i read that Cardano, runes and ava are promising and to be honest i was kind of thinking to buy a little bit of those 3. Like spend 100 for ava, 25 for Cardano and 25 for runes but i still don't know.

I asked the same question on noise.cash, only @behiver replied :P and i thank him for that.

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So basically after reading your answers i will take my final decision. At this point i want you to think that other users will read that post so you will help both me and them with your advice!


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ava

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Well, I'm hearing nice stuff about Rune, ava,...DRC is also another token ive taken interest in, I wrote about it recently.

Posted Using LeoFinance Beta

i haven't invested yet as the prices got a nice pump so i am waiting for a dump :P thanks for your suggestions as well!

btw i see you haven't voted for witnesses yet. If do so please vote leofinance, we need to help them as much as we can! if you don't know how or what witnesses are let me know!

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Well I have on my main account @mistakili.....since I'm powering down the hive I have here, I don't think there is much point to that.

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ahhh sorry i didn't see that! thought you were another person completely haha :P

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ADA, DOT, LINK, VET. I recently uploaded a video with short comments on the top-25 coins:

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hehehe εννοειται οτι το ειδα το βιντεο!

επισης θα σου γραψω κ discord να ψηφισεις για witnesses οποτε μπορεσεις!

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Δεν είδα τίποτα. Γράψε μου.

Posted Using LeoFinance Beta

LTC is quite a safe bet, in my opinion.
XRP, if you really wanna gamble... I did.
I'll have a look at EOS; @behiver's approach sounds good.

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i still haven't bought anything cause the prices skyrocketed :P

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You should have bought it with a credit card. Instant purchase and fees are lower for your amount.

I would suggest that you buy at least 10 DOT and lock stake them. 10 is the minimum amount of DOTs that you can lock.

For a month you get 15,79/12 = 1,3 %
The return for ADA is 5something% for a year and you have to lock at least 5000 ADA which is a quite lot.

DOT has one of the best returns when you stake it, plus you get one of the hottest projects of 2021. I see 5x-10x from the current price.

Keep it for six months and for every 10 DOTs you get almost 1 for free.

Pretty good deal if you ask me...

haven't invested yet cause of the pump in prices :P where you can stake DOT, on binance or somewhere else?

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I think I wrote that just before the pump.
You stake at Binance -> Binance Earn .
If you are interested let me know.

https://pool.cakedefi.com/#?ref=493510

I am invested in Defi with about 100€ myself, you get like 20-30$ in Defi for registering/depositing and you can either stake DeFi for 37% APY or a 50/50 (USD Value) Combo of BTC and Defi for 207% APY!

It sounds a bit scammy but Defi has been rising in BTC value so far!

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i definitely need to check that out

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oh, the 30$ you get are frozen for a half a year, but Im guessing that's not what sparked ur interest

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Man, you should check out NIOX! It's not on Binance but it's a really promising project with a very low market cap!

to pisteueis oti dn exo parei tpt akoma? :P eida tis times na anebenoun k leo fuck my life

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I'll suggest you go for @behiver advice and make more research on the ones you yourself can see their potential and future opportunities.

In my opinion BCH and AVA seems like a good idea

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hehe i didn't invest yet as i saw the prices pumping a lot :P

also, if you want to, vote for leofinance as a witness, we need to help them out have a stronger say in the community. If you don't know what a witness is or how to vote for them let me know (we all have 30 free votes for witnesses)

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Okay.

also,I already voted for leofinance as witness some days ago

!WINE

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Cheers, @marvinix You Successfully Shared 0.100 WINE With @filotasriza3.
You Earned 0.100 WINE As Curation Reward.
You Utilized 2/3 Successful Calls.

wine-greeting


WINE Current Market Price : 10.000 HIVE

If you havent checked out Rune, do it :)

i checked it after the pump as every other coin so i haven't invested yet :P

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Thank you for your advices!

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