Bitcoin Forum

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With 120 dollars you cannot do much in the cryptocurrency world. I am talking about buying bitcoin or major altcoins as they cost more than that. Your only option is to buy not pricey altcoins like Bytecoin,Dogecoin,Litecoin and a few others. The risk by buying these coins is that they rarely move up in a meaningful way so you may miss the fun with those. I don't know what advice to give you as that is really a low amount to invest in some solid cryptos. The best would be to buy bitcoin and hold actually.

$120 is peanuts, really. It's getting very difficult since you don't want to hodl, and don't want to trade. Cutting off hodling and trading severely limits your options.

Sorry, but don't invest in anything then. Everything else in the market is either a scam, or something that isn't profitable at all. Keep the money in your pocket and buy yourself a happy meal.

With trading and holding currencies out of the list i'm out of ideas because that's what most investment involves like lending, gambling investment where you'll join the house or the other kind of gambling investment where you bet to win. I would suggest mining but it's not applicable since you have a small budget. I agree with the person above me better to save it and accumulate more.

Hmmm try to have a look on icos campaign , you can get a nice bonus , and hold the tokens/coins and you can re-sell them after . For example encryptotel token actually is ~0.10$ , but the token was 0.40$ , you could get 0.05$ 1 token ett if you were investing at ico time :)
I think most profitable is ico :)

Yes that's basically the best investment that you can do right now. With $120 there isn't much that you can, even buying new altcoin you would be only able to buy very less and it would decrease your profit margin by a lot. Now if you were to ask me, I would recommend holding BTC, but since that no fun to you, you can try some trading maybe get some proper advice on "trading Discussion" sub-forum.

If you don't have any knowledge about trading better to don't do it, especially if you have only $120 and won't have more money to invest if you lose the $120. Buy Bitcoins even if you can buy only few millions of satoshis, it worth.

Later, when you have more money to invest, you may try to start trading with some pennies, just as training.

I see this advice as malicious.  Almost all ICOs are either scams, shady organisations or pump and dumpers in the recent ICO hype phase.  I would steer well clear of ICOs, especially when the bubble pops (ETH is already doing so).

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OP, I think you're imagining cryptocurrency as some amazing dark world where everyone builds theme parks with blackjack and hookers (https://www.youtube.com/watch?v=wD6pcFaUqhQ).

In real life, we just buy it (or work for it); discuss it; spend it when we can; and trade/HODL, if we're into that.  It's a rebellion against fiat money which doesn't work, and a means of storing value safely, knowing that there's a limited supply.

If you're interested in the tech, stick around the forum.  If you're interested in vastly increasing your holdings, trading is for you, but be aware of how mental crypto prices have gone recently and be wary. 

When you have a fair bit of crypto, there are cool things to take part in, like the Byteball (https://byteball.org/) distribution.

Sorry to break your heart but 120$ is too low to invest in some altcoin. Better to analyze the market and search for an ICO which may have a great value in the future. It is risky but will yield the most if you have bought the right one. I have invested the same when the prices were low, anyway try your luck.

With that amount, for those saying its peanut, just be rest assured that its an amount you can afford to lose in case anything happens because nothing is certain even profit because in the next few days depending on the choice you made, can either turn to zero, or multiply just for few days but since you looking for holding, then I suggest you go the route of someone who suggested ICOs because they are relatively cheap and if you invest early you get to enjoy some bonus but at the same time, be sure to know which one you are going into because like I said, nothing is certain.

You talk aBout fun so how about investing some money in a cryptocurrency where at the same time you can jojn in the fun of the adult industry? Rasputin is holding an ICO where you can get ROC coins which can be traded in the future but at the same time can be used as a currency to pay for shows.  :D

Why is that low amount? What if he buy altcoin and price jump 10X? Or 100X? Than he will be holding 12000$.
OP i don't think time is right to buy any altcoin now, it is blood bath in exchanges and you should wait a little more.
And how to do that?

But how can you assure to the people upon getting a benifits by investing at roc? Do they have special feature nor good roadmap that can make them last for many years? And how could you so sure about that roc can give  more benifits for those people who are enjoying on NSFW things while as far as i know their are several altcoin who came before them and also the most prefered coin to be used by them is still bitcoins.

120$ is not big but I can still remember one ICO where I have invested around 100$ 7 months ago and successfully cashed out $3000 out of it recently. That's why I suggest you to invest in some promising ICO to make more out of your investment than investing in some ponzi scheme and get scammed.

I don't like to recommend any specific ICO that is currently running because you have to make your own research before investing.

120$ around BTC0.045 and I think this is a good start to trade, as altcoin's price are dump right now so this is our chance to buy bulk of altcoin and then hold it till reach your goal, the key is patience but also make sure you have made a research about those altcoins before invest your money.  :)

Try arbitrage, I think with such amount of capital is good enough to start. In this method, your management(manage: transactions fee, transaction speed, exchange fee and ect) determine the profit.

Arbitrage is good with bigger amounts, With amount such small is not recommended to do arbitraging. Bitcoin fees is high that makes it even more difficult to profit. Invest in ICO(Hint:My signature), Do you research before investing.

Not recommended? I think that's quite an understatement. It's not even worthwhile with amounts in the range of $1000. All the hassle you need to put yourself through for just a few bucks in profits, it's not worth it. If you're looking to exploit some decent arbitrage opportunities, then make sure you at least make a solid $500-$1000 in profit. It isn't only a decent profit, but this will also pay for your rent/mortgage -- that's how you're spending your time productively.

With just $120 only to invest into Cryptocurrency and trading and holding out of the options, then c'mon what kind of investment are now interested in. Gambling ain't a viable option eithere,.
I would advice you put the money into an ICO, get a coin that has a future and Invest in it, in a couple of months you'd have your profits.

If your holding a 0.001-0.005 its not recommended really but for 120$ capital I think its very enough to do arbitrage nor any kind form of trades since actually we can make it turn huge if the coin we ar going to buy are those cheap potential coins. And your right with  having an 1000$ bucks but not all of us have that money that can afford to lose since for the other guy its there hard earned money that they can't afford to  fly if things gone wrong.

i would recommend renting mining rigs for profitable coins, because they are better in terms of potential profit, as they won't usually mine those altcoins. or you can hold some of the coins with safe conditions or with proof of stake; they can gain you coins without mining equipment.

With current market situation and that much low value you can go for bitcoin only and it is good for you to multiply your 120$ perfectly. This dump when is over might boost up the price well above $ 2800+ and guess what that will add up like more $100 to your current investment. Try it. :-)

Upon seeing the states of the coin right now i can say it is the best time to buy them and wait for it to pump up and we can multiply our 120$ in that but we should select those coin who is great and at a top of coimarketcaps. And try to make it a basis so that you could determine on how you gonna roll your money from each of the altcoin available and buyable there.

Not wanting to hold or trade? then better die, because from the looks of it you have no skills and no brain you just want someone

Takes your money and gives you interest daily, if someone gives you $5 daily for your $120 you'll be very happy, am I right mate?

Only place I heard giving more than %6 monthly interest on your Bitcoins and +%9 on your LTC investments is yoshit but with the

Current droppings anyone even earned %6 in a fucking month now is still in loss, not mentioning ETH which dropped from $360 to

$200. if you're not a day trader in crypto you're a big loser, the secret of being rich and successful is in day trading, buying when

Price is going down and selling your stash when you see others are dumping, having insider information is also a must in crypto.

Only if you could find a whale with connections to other whales and when they're about to dump they just tell you to sell beforehand.