Should i invest in eth or bnb right now ?

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Deal Cadet
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Hey guys i have been investing in crypto from last 2 months and every thing was going good until one of my most dumbass friend told me to invest in some other coins at their peak high guaranteeing me of triple return and bs so in the end i lost 10k on my 30k investment.

The major investment was on ada in the loss.

Now to my question i want to recover my loss and currently seeing both eth and bnb are constantly increasing from the last few days so should i invest now if anybody has any idea if the trail is gonna continue or are there some other coins for the pump and dump purpose ?

I researched on google and many are saying bnb might cross 1000$ so investing in it might be good but i want some proper and facts based opinion if anybody can give.

Thanks in advance.

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BNB and eth are good if you have patience . Otherwise try other coins

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SparkRockerz wrote:

BNB and eth are good if you have patience . Otherwise try other coins

Yeah but should i invest just right now or do you think they are gonna go down a little ?

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Dealhunting wrote:

what about ripple?

It seems volatile to me. Do you think its still gonna go up ?

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st303 wrote:

Yeah but should i invest just right now or do you think they are gonna go down a little ?

I think they will go down a bit….try to make your portfolio diversified

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government plans to ban cryptos so aap log kaha se invest kar rahe ha? aur if banned then no problem in converting coins to inr?

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SparkRockerz wrote:

I think they will go down a bit….try to make your portfolio diversified

Eth , bnb , btc, dgtx , xrp ?

Does this sound good ?

And can you also comment on what should be the ideal price to buy these if you have any idea ?

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kukdookoo wrote:

government plans to ban cryptos so aap log kaha se invest kar rahe ha? aur if banned then no problem in converting coins to inr?

Bro i think some grace period must be given before the ban and that’s why i am trading in small amount of 30k which is currently 18k.

And you can use platforms like binance, coindcx , buyucoin for crypto trading if you want to.

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st303 wrote:

Eth , bnb , btc, dgtx , xrp ?

Does this sound good ?

And can you also comment on what should be the ideal price to buy these if you have any idea ?

I don’t like to invest in such big coins…so no idea about the ideal price of these coins…However you can buy BTC anytime…it will increase

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SparkRockerz wrote:

I don’t like to invest in such big coins…so no idea about the ideal price of these coins…However you can buy BTC anytime…it will increase

Which coins are you invested in currently ?

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SparkRockerz wrote:

Ankr , One , wink , MTV , UBX , IOST

I was also invested in one but i took out early.

Btw can you tell the reasoning behind the coins ?

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st303 wrote:

I was also invested in one but i took out early.

Btw can you tell the reasoning behind the coins ?

These coins have their own fundamentals and good project…not like dogecoin who don’t have any fundamental…apart from this NFT launching of Ankr and one is upcoming so I think they will rise more

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Manitian wrote:

@SparkRockerz what’s your take on XRP its on all all time high ?

XRP jumped after the ruling made on Friday by the United States District Court . If you are asking about buying now…I will not buy now….as it is all time high…

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SparkRockerz wrote:

XRP jumped after the ruling made on Friday by the United States District Court . If you are asking about buying now…I will not buy now….as it is all time high…

Not buying. But thinking for exiting completely.

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Manitian wrote:

Not buying. But thinking for exiting completely.

If you need money take an exit… Otherwise hold is better than future regrets smile

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st303 wrote:

Yeah but should i invest just right now or do you think they are gonna go down a little ?

BNB is just hype without fundamentals for the valuations but could go higer because of a lot of pumping but crypto gets hit for 20% every month and its been a few weeks now already so about time.. BTC can easily drop 30% from here to 51k or so and there are multiple gap’s ready to receive it.. Which means ETH can get to 1500 again..CZ seems to be pumping BNB with personal funds it seems so that works differently but saw WRX get to 3 after almost hitting 6 as he also owns a majority of that.. WRX has already pumped 20x based on all indians are going to invest in crypto.. With such logic why arent other coins with similar features like XTZ not pumping like that? That shows that if you can control the narrative and the buyers, you can pump things sky high.. Since you pump everything you bring out, people just jump into it..

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alienteck wrote:

BNB is just hype without fundamentals for the valuations but could go higer because of a lot of pumping but crypto gets hit for 20% every month and its been a few weeks now already so about time.. BTC can easily drop 30% from here to 51k or so and there are multiple gap’s ready to receive it.. Which means ETH can get to 1500 again..CZ seems to be pumping BNB with personal funds it seems so that works differently but saw WRX get to 3 after almost hitting 6 as he also owns a majority of that.. WRX has already pumped 20x based on all indians are going to invest in crypto.. With such logic why arent other coins with similar features like XTZ not pumping like that? That shows that if you can control the narrative and the buyers, you can pump things sky high.. Since you pump everything you bring out, people just jump into it..

Wow greatly written and explained.

Its more than just facts which are running behind the scenes.

So what should be one’s strategy ? Like to atleast earn 5-10% profit or as in my case recover his loss atleast ?

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Always DYOR.

ETH – wait for dip at least 1500 sats

bnb is just a hype only cz pumps it by tweets mentioning NOT A FINANCIAL ADVISE.

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st303 wrote:

Wow greatly written and explained.

Its more than just facts which are running behind the scenes.

So what should be one’s strategy ? Like to atleast earn 5-10% profit or as in my case recover his loss atleast ?

I see a disaster in making, don’t get me wrong but in my experience “trying to recover losses” from the same field using same level almost always ends in a failure sooner or later(you might recover this loss but later going to end with even bigger loss because of another similar wrong decision).

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st303 wrote:

Wow greatly written and explained.

Its more than just facts which are running behind the scenes.

So what should be one’s strategy ? Like to atleast earn 5-10% profit or as in my case recover his loss atleast ?

The chance of BTC hitting 55k are 100%.. It is not going to run away even if it broke out of some pattern.. Unlike the move form 20k to 50k.. We even saw mid 40’s but sellers are less now and tax selleing is over so pullbacks will be minor for now..

I am not experienced crypto.. But the limited experience says wait.. Since crypto will swing through all price points.. Dont get greedy up or down.. Dont use margin and futures where only exchanges make money.. But in cost averaging on the way down and sell the same way.. Making back losses will take more time than making profits because you take more risks.. But only playing safe is the way to not lose it all..

Also BTC dominance is at supports so alts will stop here… A lot of people use BTC valuations to buy/sell alts and they would be looking to sell.. You dont get 5-20x gains and still think they are under valued no matter what..

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@st303 Man Just hold on with your ADA Coins you will get good returns. Also look for coins like TRX, DENT, MATIC, BTT etc to buy on declines

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