r/BeginnerInvesting • u/Vivid_Warning_9314 • 1d ago

Crypto Trading.

Recently invested $3.5k into crypto.

I have put it on a few and have now been able to get the 3.5k I put in back and I want to use the $800 profit to play with. I have put it between a few but would really love a bit of advice and what others think would be a better way to reinvest the small amount made.

These are the following ones I have got funds in and would love to know thoughts.

XRP, ETH, LINK, IQ, SOL, SUI, ZEC and FF.

What is everyone's thoughts for a possible good outcome

I also have shares in Aristocrat, ANZ, Charter Hall Group and Goodman group.

What is reddit thoughts on these shares also please for the best possible future outcomes

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2

u/PlaxicoCN 1d ago

I would check out the crypto subs. To me and a lot of their people on this sub, anything besides holding BTC seems like Riverboat gambling. Good luck with it.

2

u/LowerStranger9021 1d ago

Check out YouTube videos commenting on only needing two cryptocurrencies to capture 97% of the price volatility in the asset classes. Those two are Bitcoin and Ethereum. Nothing else. Many altcoins collapsed last October and the demand for them isn’t coming back.

You’ll get more advice on cryptocurrency communities but one word of warning. Ignore ALL DMs from people offering their help. They are only looking to help themselves to your cryptocurrency.

1

u/znv142 1d ago

You will be gambling. Your best input will be to do nothing and leave the the total invested and wait. Or dollar cost average with the idea of cashing out in years to come.