If I have 1BTC So how did I use to invest in different Coins

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If I have 1BTC So how did I use to invest in different Coins

I  Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Any suggestion from your side which is good for long term

Kasun Premathilake Answered question June 11, 2024
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So, from what point of view do you consider it crucial? Given that most of today’s older altcoins are starting to be contested on some legal basis, I don’t think it’s a good idea to take advantage of this situation to get them even at a low price. And there is no need for other opinions to know about new altcoins, without complex research it is very risky.

Final opinion: Just hold your 1 bitcoin

Kasun Premathilake Answered question June 11, 2024
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First your subject topic doesn’t correlate with the main message body. First I would say there are different exchanges that actually offer pairs of btc to different coins and tokens. So if you wish to swap to those coins you can use these exchanges and then move your coins into your wallet.

Concerning investing into Alticoins for the purpose of diversification of portfolio, I would say it is definitely not advisable to me especially at this moment where the market trend is fluctuating. Investing into Alticoins poses more risk because it is not certain that most of them will survive this market. Moreover why i don’t advice investing too much on Alticoins are because they just follow the trend of bitcoin movement with just few coins moving slightly higher interms of gain percentage but also when it comes to dumping they fall way below and some crashes totally. So if it is about security and probably profit then stick to bitcoin. This is also not to discourage you from Alticoins but be rest assured that most of them are just pump and dump coins and investing in them is just pure gamble

Trevor Moraes Answered question June 11, 2024
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The more flour you have, the more cake options you can make. The money you get from selling 1 BTC is very much, you can buy whatever coin you like based on personal research calculations. Investment advice has been widely shared in forums and you can find it on google based on the keywords you enter. My best advice is to save your 1 BTC until you can hold it, it’s better than putting some money on a new coin that hasn’t been fully tested in the market.

Binura lanka Thilakeratne Answered question June 11, 2024
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