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/biz/ - Business & Finance

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29557311 No.29557311 [Reply] [Original]

If i invest in crypto I wanna become a millionaire off the coin. Which is the best coin for this purpose? will LTC hit even half of what bitcoin is worth now at some point?

>> No.29557330

dyor

>> No.29557366
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29557366

>>29557311
shorting btc

>> No.29557416

>>29557311
Lemon token. You can research it on lemonparty (dot) org

>> No.29557490

>>29557311
Just buy a few different major coins and hold for a few years. It takes patience but is much better odds than the st*ck market

>> No.29557491

>>29557311
Off the top of my head, etc

>> No.29557580

>>29557311
Yeah, dude, sorry, but the age of the instant millionaire is over. You can still do it, but it'll take a few years of any investment to mature.

What I'd recommend is you start looking into the fundamentals of the coins, and then investing money in the coins you think will do well over the next five years... and then just forgetting about them beyond checking on them once a month to see if they're at a point you want to sell at.

At this point, it's better to think less "gambling" and more "farming." Think about what'll be valuable 5-10 years from now, rather than what'll be valuable next week. It's ironically easier to predict long-term trends than short-term ones.

>> No.29558102

XMR. >>29557580 is right though, its not overnight glory and you should be confident in what the coin does.

>> No.29558787

>>29557580
>>29558102

dont care about it being overnight, as long as its next 5-10 years.

>> No.29559357

>>29557416
Food token faggots get rugged, regularly.
Avoid all food tokens - it's a rinse repeat cycle of rekt.

LTC is not great if considering large moves.
Buy some HEX (staked) & ETH.