I'm sorry guys. This is not this article where I tell you to invest in the coin or token "X" and it will make you millions. No. This article to give you a perspective
The best coin to invest is different for the different kind of people - and the way us to differentiate them is by the amount of money they have and will to invest. Lets establish few groups of people.
Nemo(like finding Nemo) - person who has no starting capital but has the desire to get involved in the crypto world. For that person the best coins are those who can be obtained free of charge and can be traded for other coins or FIAT - Giveaways, Airdrops, Referral rewards and so on.
Тrout (That's me) - someone with some stable finances trying to build resources over time. Slowly, accumulating assets in different ways. Some mining might be involved, but not a big scale. For those people the best coins are usually those which offer great profit, but are kind of a gamble. Basically, you can earn big, but you can also be left with nearly nothing
Shark - That's the guys with solid income who can afford to invest in few bitcoins, lose it all and recover to invest again and again. Those are resourceful people who can build a small mining plant of Asics and VGAs and try to grind mine it all.
Orca(killer whale) - those are the people with enough money that can invest enough and live of the Interests and never ever have to work, except for pleasure.
Blue whale - Those are the people that control the markets and the prices. Those who can make the price of Bitcoin or any other asset to plummet or increase.
Which that out of the picture, let me give you list of coins for each type.
Nemo - Anything that can be obtained by Airdrops - XLM, Doge, etc. Everything that you can earn by just doing what you like - BAT, PRE, Netbox and others. I'm sure you get the idea.
Trout - Anything risky. Telos(up to few hundret or even thousand percents ROI for Masternodes), Bitcoin One(350% ROI at My Container), BitGreen(150% ROI again at My container). Some established coins as Algorand, Tezos, Enegi that are offering staking options as high as 15-20% per year.
Shark - anything coin that can be mined. Ethereum, Monero, Raven and many others. Point here is that those coins can be obtained by a sustainable way of mining. Of course over the time the efficiency goes to the bottom.
Orca - Stable coins. Those guys just need to convert their money to a stable coin of their choise - USDT, DAI, etc and put it in an Investment account. The rewards of 8-12% per year are enough for them to live a luxurious life.
Blue whale - Those people are usually invested with the top crypto coins - Bitcoin, Ethereum, XRP and they can wave the prices up and down as they want.
Bottom line, guys:
There is no universal answer of the question which is the best coin to invest in. The answer is different for each type of person. And yes, I do not generally like the stereotypes, but here is important that we know the difference and recognize which asset is good for us and which is not.
One general problem most people in crypto realm are having is to think about cryptocurrency in FIAT money. What I mean by that. Let's say you are lending Bitcoin - 1 BTC for the profit of 0.005 BTC per month. During that time the BTC is blocked for you and you cannot sell it. The perspective most people are seeing this is like that - they have $10 000 blocked somewhere, in order to earn $50 per month. If during that time the BTC takes a hit and drops by 50%, most people will be regretting that they couldn't sell it. This is the wrong mentality. If you are like me, you should think into perspective that you are earning 0.005 BTC by doing nothing each month and not think about that actual value in FIAT money. Because whoever took the decision to invest that money, they should switch to the crypto mentality. Otherwise HODLing is not for you and I would suggest to keep your investments short therm.
Sorry guys, I did not want to ramble so long. I hope someone finds this useful.
