Print Page - need some advice please

I have a small amount $250, but here's the start of my problems, I like about 4-5 coins/projects that i want to invest but i just cannot decide if I should spread the money out evenly throughout my choices, or do I just go all in on 1 coin since i only have a small amount ($250)
TBH, the most stressful situation for me actually is if i had to just choose 1, I'm stressing on if I pick the wrong 1 lol idk guys the coins I'm looking to buy are POWR ENJ ADA AMB ZIL... I don't know what to do right now lol smh...

I would like to take a second to thank each and everyone who takes the time out to help me. You don't know how much I will appreciate your pros and cons of my current dilemma. Thank you..

Hi there, some of the coins you've choosen are pretty good in my opinion, i.e ADA and ZIL are really great. But that doesn't mean that they will give you huge profit. Better look at some good ICOs, that will be smarter but with more risk. I advice to look at Traxia - first project on Cardano network. :o

Quote from: Osiris0 on March 26, 2018, 07:32:48 PM

thank you but I'm only verified on Binance

I would recommend to invest in blockchains now, choose 2-3 new blockchains like ICON, EOS, Fusion and spread your investments evenly. It always better to spread your portfolio in several coins than to buy one, In such case you low a risk to loose everything if a coin falls in price.

Quote from: 5p4nk_ on March 26, 2018, 07:11:36 PM

I think that in your case it will be more optimal to pay attention to ZIl or ADA. Two very promising coins. With a potentially strong team and product. Personally, I would give my preference to ZIL because he still at the bottom and did not show his tops.

Sincerely your investment amount is very small, nevertheless you can start something good with that amount. I'll suggest if you can find some good ICO to invest now, that will bring you some money than investing in already trading coin. But remember to choose more than 1 project.

Quote from: 5p4nk_ on March 26, 2018, 07:11:36 PM

I have a small amount $250, but here's the start of my problems, I like about 4-5 coins/projects that i want to invest but i just cannot decide if I should spread the money out evenly throughout my choices, or do I just go all in on 1 coin since i only have a small amount ($250)
TBH, the most stressful situation for me actually is if i had to just choose 1, I'm stressing on if I pick the wrong 1 lol idk guys the coins I'm looking to buy are POWR ENJ ADA AMB ZIL... I don't know what to do right now lol smh...
I would like to take a second to thank each and everyone who takes the time out to help me. You don't know how much I will appreciate your pros and cons of my current dilemma. Thank you..
[/quote

I believe in diversifying Investment as it diversifies risky and gives better return in next 5-7 months.no matter how small the capitalis.

You know what? All millionaires have been started in a minimal capital. You can divide your money into different portfolios but I am suggesting that you can lend your money in either 2 or 3 ICOs only because if you will divide it in to 5, you will not gain more even one of them succeed unlike putting your money in 3 choices only. Well, the hand is yours! We will just make some opinions to you.

Most of the people here already gave some strong advices, I aggree with most. The most important thing is that you do it yourself. Trust your instincts, at least if you do the reading right. Remember, this is no joke, no game, you gotta read carefully and thoroughly or else you're gambling away your money. Most of the coins you are looking at is good ones, they'll mostly give you a smile. Spreading a little bit is always good, it cuts down profits but also cuts down the risk of losing everything... (though as long as you don't lose your private keys, losing everything is not really possible)

If I positioned you I do is to buy top 10 coin that is in cmc with coin the lowest price. so I can hold long term with minimal risk because the volume of top coin 10 cmc has a large daily transaction volume and can be a price anticipation quickly in selling and buying. or maybe if I'm interested in ico I know the project I will invest there.

You don't want to put all your eggs in the one basket, so spreading your money over several coins is much safer than getting just one.

Of course, any one of them could be a big gainer, you just don't know, but don't get into the habit of thinking "what if" when one of them has a bull run and you only put part of your investment towards it.

Just do your research and follow your instincts. Good luck!!

Quote from: 5p4nk_ on March 26, 2018, 07:11:36 PM

You can try to divide your amounts into some parts to minimize the risk that will be involved if you are investing your money. Zil, ADA, Power look good in my opinion. But by divided your amount to spread your wealth to all of the altcoins will give you less on the profitability because they are all on the various volatility.

Remember if you are investing in the only one choice and it may better for you to do TA and FA and then, try to get in at the dip price of a token.

Better spread your money, but with only $250, you will get minimum profit by spreading to 4-5 altcoin. Better put your money into 2-3 altcoin, you will gain more significant profit. And regarding to your list, my best advice is POWR, ADA, and ZIL. Those three are undervalued, and they will give you quick profit.

Quote from: 5p4nk_ on March 26, 2018, 07:35:06 PM

thank you but I'm only verified on Binance

But to open your knowledge you better do a research to other altcoin outside your 4 lists. There are a lot of promising project, (coin already on Binance), TRX, XVG, EOS, VIB, etc

Ou need somewhere to start and 250$ is your ground zero, so I advise you to buy some eth because you will earn there a decent amount or just to recover your loses that you invested in riskier coins. So some of that put in Ethereum and the rest of it spread in 2 or more coins. Even with 10$, you can earn very nice amount if everything goes well, but you must choose wisely and hold it.

This is my advice to you my friend, in choosing coins to invest you have to be wise thinking before you put your money to that project because if you invest a wrong coins you can't get it back. So you need to observe wisely there thread and social media before you made a decision if you convinced that they have a reliable and promising project then go for it just believe yourself.

Quote from: 5p4nk_ on March 26, 2018, 07:11:36 PM

You really need to put in only one coin and a good coin of course, eventually it will satisfy you if that price of that coin will pump, just set a sell order in your desired price.

Quote from: 5p4nk_ on March 26, 2018, 07:11:36 PM

if i were you, i will spend all of my $250 into ETH, it's because ETH's price is bleeding right now, so this is the greatest time to invest in ETH, It's already dropping til $460+, so it will reach $500-600 again soon in the future. I won't wait if i were you

Quote from: 5p4nk_ on March 26, 2018, 07:11:36 PM

I have some tips to tell you. With the new investment, it is best to focus only on one project, not scattered investment. This will cause you to lose focus and your analytical capabilities will decrease. And learn from Warren Buffett's analysis, he's always exploring the companies he feels has the potential. You should also spend more time analyzing before investing.

Although $250 dollars might not well enough to invest into all the coins, most especially if you consider the turnover rate. Nonetheless, nothing is actually too small to invest. I have seen a situation where someone invested just $40 into a coin listed on Binance and just within 24 hours, he was able to realise more than $1000, but this does not happen at all times.
So no matter how small your money is, you can still divide it into five places and buy those coins to hold. Then you can work towards getting more yo invest with, through participating in bounty campaign.

I'm not familliar to the coins that you've been interested to buy but I think you should spread your investment on many coins and it's really the best time to do buying, your 250 usd is enough to buy a lot of cheap coins right now, but remember that to do research first before buying and consult some veterans when it comes to crypto trading.

Quote from: 5p4nk_ on March 26, 2018, 07:11:36 PM

I think you can participate in the investment of some large ico projects. After all, priority participation will get a big bonus.

Quote from: 5p4nk_ on March 26, 2018, 07:11:36 PM

i am not your advisor, but i think you should analyze those coins price in the market.
what coin has the most volume, what coin has the most green price, etc.

In my opinion, your huge investment amount is very small, but you can start something good with that amount. And I would advise you to invest a good and profitable for you that will take you money rather than invest in coin trading. all the information you need to know to make the best decision for yourself. There is no right or wrong answer to this.

Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: 5p4nk_ on March 26, 2018, 07:11:36 PM