What "Low Risk" Coins would you Suggest for Investment?
A couple of months ago some friends of mine asked me about cryptos. They wanted to know how to get involved even though a couple of years ago they made fun of cryptos.
As the good person i am, i helped them out, told them a few things about cryptos, and set them their binance/bittrex accounts as well. I tried to shill Hive and Leo to them but it seemed a bit complicated in their eyes.
Then they also asked me for investment advice regarding what coins to buy and such. I had made a post here as well in order to see what you guys would suggest if you were in my shoes.
Your answers helped a lot and i really liked that we had common thinking. Possibly that common thinking comes from the same experiences but who knows? As i said you really helped me!
I suggested "risk-free" as i call them coins like bitcoin, eth and ada . There are no risk-free cryptos to be honest, in a way they have the highest risk as you can see changes in the price of over 100% in a day.
In my mind, though there are some cryptos that won't lose their value that easily. I don't know what will happen in the coming years but for now, i think we got some safe choices to invest our money.
Of course, i strongly advise everyone as i did with them, to do their own research before investing and that they shouldn't invest more than they can afford to lose. Following my advice, they decided to invest 900 euro.
They decided to follow my advice and invest in btc, eth and ada. I helped them a bit with "day trading", buying low-selling high when i considered them time was right. It was a success but when they tried to do so it failed :P
Then i told them either let me do it or if it's too stressful simply hold and wait. I had the usual "nagging" during some small dumps but all in all "i managed" to increase their investment by 60%.
Now they want to invest around 100 euro but don't want to "play" it that safe. I told them that safety is the best way for them but they insisted. I also told them that i'll try to give them some suggestions that won't be too risky.
If let's say btc is 100% risk-free i would try to give them 60%-70% risk-free options. You know that's subjective but you only live once. So the choices that i am thinking of suggesting to them are VeChain, GRT, Enjin aside bitcoin cash and litecoin.
*So once again i am asking for your help and suggestions. What "Low Risk" Coins would you Suggest for Investment? note that their 100 euro as on Bittrex!
What's your Opinion?*
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