Cope What crypto should I invest in? (Cryptocels GTFIH)

[incelerated]

I have around 1000$ of savings and since we have 40% inflation here I have to do something with it to preserve its value.

I'm thinking of investing in crypto. But I'm not very familiar.
What coins should I buy?
How do I tell if a coin is good?

 

[svgmn1]

Idk much either but Im thinking monero is on the rise now. plus it is a very legit coin that is less traceable so the market is pretty dependant on it I guess. buy before it dips.


coins to avoid are new ones that advertise instant gains and baseless increase in coin value, ponzi schemes are quite easy to detect yet many dumb niggers fall victims to it

 

[IjustNeedaFwend]

DYOR

 

[WizardofSoda]

I'm still in Dogecoin, at a 7x gain now. Although I lost money on shitcoins I was trading. But I was controlled I only risked not that much money on coins.

I trade Baby Doge Coin too.

On Baby Doge coin you get a 5% reflection of volume in Baby Doge Coins. Baby Doge is also hyperdeflationary and locked liquidity. I'm up about 6x since I bought into Baby Doge last year.

 

[CrackingYs]

If you want something semi safe i would just open a BlockFi account and buy Bitcoin or Ethereum and collect interest. You'll get like 8% extra bitcoin per year. Bitcoin could still crash but at least you'll have more bitcoin to make up for some of it. I lost almost all my bitcoin by trading it for shitcoins that went to zero after the 2018 crash.

 

[Deleted member 21324]

Polkadot, Cardano, Algorand

 

[blackraven]

Don't waste your money on some sketchy shitcoin. Buy XRP and HODL. Popular and safe altcoin with practically zero liquidity risk at a very good price right now @ $0.76 per token. The only thing you'll regret is not buying more

https://coinmarketcap.com/currencies/xrp/

xrp is chink shit. recently their ceo came out saying that bitcoin needs to become proof of stake heard xrp also plans to make policies for anti money laundering. Basically it is completely centralised and your xrp transaction can be blocked if they don't like you. Imagine going into coin more cucked than our current financial systems

 

[RandomGuy]

Cosmos (ATOM) to Add Liquid Staking For 10% Yields

When Cosmos upgrades this quarter, you can earn additional ATOM with no lock-up…at a rate of 9.7%! Here’s why you’ll want to accumulate THIS crypto, specifically.

investorplace.com

 

[BraincelsRefugee]

I have been dollar cost averaging LINK for some time because it seems to be far from it's all time high but still a very useful crypto and it has been around for a while. Growth has been disappointing as of recently but I believe LINK's time will come.

 

[crestfallencel]

DOGE

 

[Ritalincel]

Jfl @ cryptotrannies

 

[Subhuman Niceguy]

The simple answer: Tether

Long answer: Cardano, Bitcoin Cash, Ethereum Classic, Algorand, Stellar, Tezos, EOS, Zcash, AMP, and BAT.

There is no reason that you should not be able to afford to own at least one of these coins, check Coingecko.com for the best metrics.

 

[incelerated]

This is all too stressful for my autist brain.

 

[Lolimancer]

Jfl @ cryptotrannies

 

[Mediterraneancel]

I have around 1000$ of savings and since we have 40% inflation here I have to do something with it to preserve its value.

I'm thinking of investing in crypto. But I'm not very familiar.
What coins should I buy?
How do I tell if a coin is good?

Savings like yours or mine (2300 euros) are so little that I would not risk to invest them. Yes, even to put them in bank or in cash means inflation, but investments bring with them a strong level of volatility.
However for clandestine transactions the cryptocurrency that I prefer is Monero.

 

[Ritalincel]

 

[InMinecraft]

none