Bitcoin Forum

Hello, It's my first steps in Crypto World. Great Community, read a lot of useful stuff.
I want to start investing in currencies/assets.
At this time I'm low on budget, can invest max $400-500.
So investing in top currencies is not worth I think.
Which would be better to research solid cryptocurrency that already exists or invest this money into ICO-s (I know risk are high when we are talking about ICO)?
Or wait till I raise my funds like 1k or more.
I know on this budget long-term is a little stupid, so which will be better for the short-term period.
I have researched some of the projects , that I think is worth to invest. BAT, OMG, LISK, NEO.
Any advice will be helpful. Thanks in advance

Lisk/Stratis are good projects to look at.

None... and if you still want to... dont day trade.... choose 2-3 coins and buy them and then forget for 3 months, then check on 1st january how you did...

I would pick lisk, waves and pick like 3-4 NEOs just because i think they will easily go to 75USD+ this year.

I started with $200, split between ETH and LTC. That quickly turned into $400, and so on and so forth. It hasn't been without losses, but I am happy that I started with a smaller amount. The thing about any type of investment is you never know what's going to happen next. Right now a lot of people are making a lot of money, but both ETH and BTC have crashed HARD in the past. With your $500 max I would recommend LTC for most of your investment. I'm currently in Storj, too. Kim Dotcom is releasing a new project that will be utilizing Storj. NEO should be a good pick up right now, it's fallen down to $32 and its been pretty steady after its initial price jump. Red Pulse will definitely increase NEO's value shortly, so I would say it's the perfect entry point. I would also recommend looking into SysCoin. I've also been invested in Golem for a while now, but that is more of a long term hold.

If you want to double your fund in the next few days, invest in those coins for 3-10 days!

1. VOX
2. RADS
3. BAY
4. AMP
5. KMD
6. PPC
7. RDD
8. DOGE
9. EMC2
10. NXT

$40/each and exit from any coin when reach 20% profit, and use fund to buy coin not pumped yet!

Note: do your research and invest at your own risk!

How do you make 2x profit in 3-10 days if you exit on all 10 coins as soon as you make 20% profit is beyond me but ok :)

My opinion you can pick Waves , Ethereum , Litecoin and some Dogecoin , these Altcoin the price growing slow but sure.

I would not pick Dogecoin the days of Dogecoin are long gone. Back in 2014/2015 it was big, but now it is going the way of the Dodo, sadly.

So profit would be low, but this will be more safe yeah?

For a start it will be enough.

Yeah, that's what I'm trying to achieve. Starting low and grow slowly. So what do you think splitting on 3-4 coins is better or all in on one coin?
What do you think about OMG

Dogecoin is just going up again and is good to transfer Bitcoins fast and cheap indirectly. But you are right, its to risky to invest into doge.
400$ is large enough to create a good portfolio of wellknown cryptos. I would take Bitcoin for half amount and the rest for wellknown altcoins like for example Ethereum, Dash, ZCash, Litecoin and so on and ICOs of promising projects with innovative or social projects like Solar DAO Coin or CareCoin. You can find many helpful infos about ICOs here in altcoin section.

So buy $200 BTC, $200 different altcoins. Hodl it for 2-3 month or longer, sell it when it's high and reinvest funds into new currencies ?
What you think about BAT?

For low budget holding is more profitable that trading ? I was thinking opposite..

I started low budget also. Start doing some research on some of the smaller market cap coins. Find one you believe in than purchase and hold. The ways things are going You'll probably double or triple real fast and can branch out from there. Also don't disregard the top coins, they are still doubling all the time.

The problem I have with this: every small project is suddenly valued at a billion dollar when it releases a token.
A starting company needs money. Maybe 100k. Maybe a million for a very big plan. Ten million can pay 100 employees for a year. One hundred million can create many products.
A startup with 2 people is not worth a billion. End of story.

What you call small market cap ? under 10 mil? under 50 mil ?

You should start investing as much as you can afford. You don't need to be buying 1 whole coin to start making profits. Invest on smaller fractions of coins which have good potential. Don't forget about opportunity cost. You will be missing out the potential gain if you wait to raise your funds to 1k.
Also beaware of users who will encourage you to invest on some shit coins. They are from pump/dump groups wanting to make some quick profit.

Interesting i will advice you to invest in Adbota if you ant to join crypto millionaires

Adbota is alt for google adsense that will be raising money through Ethererum smart contract, our goal is to change the way ads and content are been consumed online by users.
Adbota is going to be the new way to buy and sell ads online and is a game changer.  
Advertisers will get value for their money. publishers will have more reason to enrich their content.

This is Adbota pre-ICO to prepare for the main ICO.
We are offering 10 million coins at the rate of 1 ether for 5000 token through ethereum smart contract. Total Tokens will be 100 million tokens and 50 million Tokens will go to main ICO. The main ICO will go for 1 ether for 1200
The 10 million Tokens will be used to start the first face of the project to prepare the road map, prepare the main ICO and promote the ICO in a big way. Only 50 million token will be in circulation for about 2 years, other tokens will be moved to the market as soon as there is need to raise money for more projects to give value to our products and your investment.
  
Read more at https://bitcointalk.org/index.php?topic=2138527.0

you can do that, since you invested into 10 altcoins. And every 20% Profit you take it
and if the 10 altcoins you bought had 20 % profit so you already double your initial balance

for Doge i think the rate will be a bit hard for the price to increase

I would advise paying attention to NEO, it is now in a good price range. Also XEM and STRAT. But first of all, study these coins.

Yes, I would do so. About BAT. Have not enough info to give a good advice on it.  Some say it is overvalued and others expect it to grow significantly. With such tokens I would invest a little amount just to take the chance to gain some profits meanwhile not risking to much. But follow also your own opinion.

BAT has got rejected to list in Bittrex so i think the price will fall surely so that time you can buy it, apart from this you can also check with ICN, TIME coins which are also having a good projects running and in long term they will give you very nice profit.

Yeah I was thinking about opportunity cost. I'm not going to invest in shit coins, research is key and I'm not lazy about it.
How can I evaluation potential? Solid project, roadmap, whitepaper, dev team, advisers?  And what do you think, which is more profitable to invest all the money into 1 project or split on different?

I only suggest if you want to buy altcoin for investment or trading you can choose Dash and litecoin.
But you can also use your money to follow ICO to get token for a low price.
But we must be smart to choose ICO.
we can see a promising project concept, a great Team, and a good dev when campaigning.
Good luck

BAT is listed on bittrex.

BAT is cool, but it will be a while before it pays off. NEO, LISK, STRATIS, are all great, but I would say buy OMG.

$400 - $500 is good to invest on altcoin trading but if you use it for short term trading that is very risky, First because of transaction fees every trade and Second you'll just earn a small profit for every traded and you didn't if you will win or lose every short trade.
My suggestion for you go buy a good long term coins like STRATIS, WAVES, LTC, ETH, XMR and STEEM or cheap coins but good for longterm like XRP, STR, DGB, SC and BCN.
Long term is better than short term trading patience and Technical Analysis is the key to be successful in trading

You could start of what you have considered low value coins for now then when you gained you may trade some of your earned to bitcoin because it is the most promising coins at this moment. Most of us here started at very low profile then as the time past by our level and experiences increases.
You may review complete list of coins at this site coinmarketcap.com for your reference.

We have the same fund. I managed to profit for about 25% in 3 weeks. I trade PAY, DGB and ETH in that span of time. Just set my target profit and check it once or twice a day. It's really helpful if you can read charts and be updated on your coins you are holding. Investing in cryptocurrencies is very volatile. It can skyrocket in just a day or dip hard in just a blink of an eye. But I think, for that value, it's a good starting point for newbie like us. Cheers!

Started 2 months ago, was just curious to try with loose money I had in paypal.
Invested 444US, went down to 190US with fees, transfers and rookie mistakes.

Then stopped looking at charts, started reading more and most important... no more compulsive moves.
If you feel remotely rushed into buying or selling, just don't.

Got it back up to 1160US and enjoying the thrill behind it all, but kinda realized I was late to the party, and that the idea of getting rich with this is long gone.


Players that got me back up:

OMG
PAY
TRIG
and good old BTC

the rest is luck of the draw, like they say, buy the rumor sell the news.


good luck buddy.

I think you can have put some investment in ASCH (XAS), it is a Chinese coins which is very popular in china but not known by western investors because of the jubi.com is not so friendly to English users, but now, bitbays.com is much better, it is time to buy some in my opinion.

look for coins that have low prices, but have a large volume
large volumes usually have significant movement, so you can make a nice profit ;)

$400 - $500 is not a small amount but actually a good amount to start trading with. At present most of the altcoins are down. If you didnt buy any coins yet it would be the best time to buy as most of the altcoins have gone down because of the price dip in bitcoin. Potential coins like DGB, XRP, NEO, LTC, ETH, ETC, BCC have all come down. So you can either diversify your money in some of these coins or you can put the 80% of amount in 1 or 2 coins of your choice. Always keep 20% to buy coins in future.

I think this is good advice, if your risk tolerance is up for it. And like others have said, after you have bought just hold the coins and don't panic or try exit without profit. Look for something that isn't hyped right now but might get hyped in the future. Be part of the coin's community to make sure it's not a scam. This is crypto everything gets hyped at some point.

Otherwise just put your money in the big boys and don't sell for years. Most of the coins people are recommending here I wouldn't buy myself, except for NEO. For long-term.

Though you want to invest bitween 400$-500$ so i think it is not small amount for starting tradding.you can two or more things in my openion.
1. if you not satisfied for your balance wait till rise. or
2. buy some coin which just past their ico and listed any big exchange like bittrex and poloniex. or
3. Buy waves,nxt,monaco (now),bts,stratis and hold them.

Eth has taken a bit of a fall so may be worth buying on hopeful rise. Litecoin has done very well this year but has it run it's course? Careful with dogecoin. Heard there are some exchanges dropping it so price may drop and be difficult to sell.

that is right, i am agree with the coin list because i see the coin is good project and also the dev is active and give support for the coins. but i think he can choose the cheap coins because he don't have much budget. i think $400-$500 is a good start to try invest in altcoin and if you can learn how to do daily trading then i am sure than you can increase your money and bitcoin in the same time.

Doge??? Are you sure?

I suggest investing on coins that are less than $1, in that way you can buy a lot of coins and when the price pump you can profit a lot but before buying you should research about the coin, make sure that the people behind the project are active,make sure that it is increasing in price through time and make sure that the coin is promising. Also if the coin's price drop you shouldn't fret or panic, hold the coin and wait for the price to pump. Always sell to profit! Btw don't invest on coins which are on the market for 3-4 years but the price is still less than $1 it's never profitable.

It is better not to listen to anyone just search the market by yourself and then decide. Every one has his favourite coin nothing else and they recommend you that. But watch closely the market trends and market cap of coins and buy the one which suite you and is under $1 in price. If the coin hasn't been pumped for 2 or 3 months then it will surely will pump in coming weeks or two.

Stratis is a bullshit project to look at. I went through their official presentation and you know what? They just keep explaining things like decentralization and blockchain there, just as if there was no bitcoin before them and no other clones of it as well. The only new thing they offer is proof of stake but I believe this is also a feature of some alts already.I'm totally sure about doge. It is one of the good and old ones and the coin that's actually used by lots of people every day which is not true about most of coins out there.

With that low budget it is possible to just buy bitcoin and hold, that is the safest way, but if you are aiming for bigger profit then alt coin will be better but with higher risk, and from the list I see that your coins are good alt coins, maybe you want consider waves , ripple and nem, the price is not too expensive

Guys what do you think about Siacoin? low price, high potential( because it solving problem of space). I think good idea to invest for 1+ month

Trading isn't too hard but you need discipline. If you sell and it starts to go up you buy and take up the loss, because if you wait for it to go low again it may never happen and then you will fear missing out and buy at an even higher price, ruining your portfolio. So if you decide to trade, do it with discipline and don't be greedy or "hope" that it will go the other way.


If we make money trading it's because someone else in the other side is losing it, you don't want to be that guy.

I Think the list you have made is good and all coins have the potential to grow but at present NEO is at the top in all exchanges so the probability of huge profit margin will not be there. Ripple is another option to be considered.

i'm doing this and so far i made some money. i'm buying at dip and selling at %10 profit. for buying i'm looking to RSI 15-30minutes if it is 30~ i'm buying and waiting for %10

Im aiming for ripple as of now which i do buy some in bulks as of now since theres a news that it would rose up again on this year. its still a good option or coin to buy on.Besides there are lots of potential coins in the market and seeing on his budget on trading i would say it would be just enough to invest on 2-3 coins. LISK,RIPPLE would be already a good choice.

In my opinion, in that budget you can invest in a very low cap coins with a solid dev/team like OKcash, Geo, and even Verge. You need to research.

Don't give the decision about your investment out of your hands. I started with an equal amount how you are planning to. The first thing you should do is: Read!
And then: Read, read, read!
After a while you can seperate the wheat from the chaff. You will get a feeling about, which member here on BCT is trustable and which are not. When you find a really smart and interesting posting, look at the profil from the author and read his other posts. Do they confirm your impression? Try to find a couple of members who really understand the market. Members who point at a perfekt (early) time on promising coins and projects. If you read a brandnew post from such reputated members like this, go immediately to the project page and:
Read, read, read!
Push your feelings beside. Think about if this project has something to offer. Something new, something good, something which can give the project more value sooner or later. Take a small look at the dev team and at the community. What are your impressions? Does it look seroius? Does it look smart? Motivated? Is the community a group of blind believing kiddies, or a union of experts? Then try to understand the connections between supply, marketcap and price in order to assess the possible increase of the value. Compare it to coins with similar preconditions.
But at least, the art of making profit is:
Don't make a science out of what I told you above. Because to trade-off again and again leaves you uncertain and prevents you from tucking in at the perfect time. If your head says for 70 to 30 "Yes!" and your heart for 90% at least:
Go in immediately!
And when you really believe, don't care about the dumps and pumps which will follow (for sure). Don't regret anything. Dont cry about lost opportunities (the forrest is always full of them, that doesn't matter). Just go straight ahead. Watch the market and learn.

Take a brief look at the chart before investing. Compare it to other charts. Projects of active dev-teams have other charts than dead projects. Try to find patterns which can help you.

And when you diversificate your investment over 5 to 8 projects and when you not make the biggest mistake: to buy in when the price is high or have risen a lot in the last days / weeks - you will make profit. Sometimes you can ride on an upcoming hype, too. But in this case it is often better to jump of the horse after the half way than to wait till the bitter end. Good profits are good profits and better than no profits.
 ;)

I wish you luck and have fun at the market!
Regards!
McW

good choice you choose BAT for long term investment. the ever-larger trading volume makes BAT attract many people to invest.
additional good projects: XRP and XEL are good to research.

Waves is a good project to invest right now. Theyre going to have some nice updates in the next weeks and theyre going to dominate the russian market. I love the feature, that you get free airdrops, if you lease the coins in your waves wallet. Recieved so many assets and i think they will grow up with waves in the future. Best token is WCT in my opinion.

Quite an interesting list of some alt coins. But in general I also can just recommend to you, to work yourself through all the different white papers or products, so you actually know, in what you are planning to invest into. The other question, which you need to clarify for your self, do you want to speculate or do you want to invest (long term holding). I would also check-out deeoonions. They have been lately quite high, but now back to a reasonable price level for a potential bargain. The community is quite active and good new developments like deepsend is on its way. You can check out also directly her onion forum: https://deeponion.org/community/

Diversification is good but difficult w/ small budget.

Remember that you should be after % gain.  In crypto world many fail to see that it is independent of coin price.  While it is true that the earlier you get into a (future) successful coin the better, it is very high risk at that point (unless you have a crystal ball to see the future).

For good (almost) guaranteed return without day trading, go with BTC or ETH.  You'd be surprised how 0.08 BTC or 1.2 ETH invested 6 months ago have grown compared to other alt coins.  

Many times, the answer is right in our face but we (for some reason-thrill of the hunt???) insist on looking elsewhere... ;)

Waves is actually a better investment to make when compared with most Altcoin investments. Although the community is getting larger everyday, the people that use things like Ethereum, MaidSafe, Lisk, etc are using Waves for certain application that will help the development on cryptocurrency systems. Waves is also not that expensive even though it began with a super low price, the potential of the coin growing to a higher price maybe past double the amount of value it has right now is very likely to happen. It might happen within a year or two, it just depends on what's going on with Bitcoin.

This is the best time to collect waves coin. the price come under $5 today and it may still go down so keep one eye on this coin and buy some coins when the price looks very low. I am also waiting one more chance to buy some more coins. This will give us good profit in future this is sure. But I am not sure at this year end what will be the price of this waves coin. Any guess?

But I diversified my investment - the same amount like TO - straight after the beginning. No coin brought me losses. Some coins stagneted for a long time, some rose only a bit in price, some coins exploded. By now I made more than 1500% profit - in 6 months. Yes: I know, that the circumstances in march have been very, very good for stepping into the market. Maybe you can't compare them with the conditions today. But: If I would have invested only in a stagnating coin, I would be frustrated now. If I would only have invested in a slow rising coin, I would only have a small profit by now. The few coins in my portfolio which exploded pushed my total profit on a very high level. But mostly you don't know, which coin will be the golden one. So pick up 5 to 8 which are promising for taking off. And everyone of them should be a guarantor for a stagnation at least. With this procedure you are unable to loose (exept the whole market crashes). But you have more chances to make a good profit, than investing in a single coin gives you.

What I am asking myself, when I am reading this thread:
What is the difference between a small amount and a big amount when it comes to investment?
There is none!
It doesn't matter how much money you invest. 1000% profit are 1000% profit.
And you should go the same way with a small amount like someone with a big amount:
Diversification!
Unless you want to loose everything...

In the beginning I daytraded a bit. Doubled (luckily) my investment with it, but decided very quick, that it stressed me to much and that I don't have the time for checking the charts all the day in order to buy or sell immediately, what you should. Than I started holding my bunch of coins. 15 different at the moment. And made 1500%. Save 1500%, because of diversification and the imminent chance, that some stagnating coins from my portfolio can moon at any time, like some other coins in my bag did already.

All your picks are good but NEO. NEO is falling down hard as i write and is not expected to bounce in comming next few days. OMG is rumored to have an partnership with apple. LISK VIA and NAV chart is looking good.

It is one of the best idea investing into SIA because from many days SIA is generating High volumes in the market and it has very good potential in the market. I think right now it is the best investment and gives good returns after some time.

I thought the above poster had many thoughtful points and decent names. Let me add a few additional ones.  

1. There is a great speculative wave of investors allocating to ICOs. But these are unproven, untested business models. This mania is no different from IPOs in the 2000 tech bubble. Some will no doubt prosper, but the odds of success and picking the winners are slim.

2. Diversification if essential for serious portfolios. Some investors speak very poorly of low price, low market cap coins like Reddcoin, 1337, LiteDoge, Linda, Espers, Embercoin, Zeit. But truth be told one or more of these crypto coins could be wildly successful with fabulous returns for early investors and all the rest may fall to zero. If you allocate here, make it very small.

3. Some forum members will advise you to stay away from high dollar price coins like Bitcoin, Monero, Bitcoin Cash, Ethereum, LiteCoin because the prices are high. But you can still purchase a fractional share and benefit from a continued growth in the success of these franchises in terms of user adoption, merchant acceptance, network size, etc and price appreciation. When Fidelity helps their clients into crypto, where will they allocate? I think they will start with this list since the small coins are too illiquid for big money investors.

Yes, me too. I would invest XEM and maybe NXT. But I will not buying at this time, especially for NXT, because NXT still running their IGNIS project, and pumping period will not happen when this campaign still active.

LTC and Siacoin maybe good option if get more funds.

@ some writers here:

Please don't give that bad advises to a newbie by telling him, he should buy waves, only because you bought some without understanding how it works! Waves isn't a good investment. When people will understand, that the wave-exchange is NOT decentralized and that you give AWAY YOUR CONTROL over your coins when you use it, the price will fall back to a deep, stagnating level. Thats why BLOCK is rising very strong in the last weeks. BLOCK is the true decentralized exchange, which gives you FULL CONTROL over your coins. But I won't be that kind of fool to advise a newbie to buy some BLOCK now, because of the strong rise in the last weeks (even that I believe, that the price will increase further on...) but to give an advise at the moment for buying BLOCK seems a bit too risky. Not for longterm, but for shortterm. And I don't want to frustrate a newbie by a maybe loss of 30% in the next weeks. He won't care for a 300% profit later, because he would have quit the game before.
Be careful!

So you bought a lot of BLOCKS. Got it.

Low budget altcoins are risky anyways, you either have to install a bazillion scammy wallets that hack your desktop, or trusting the more obscure exchange sites located at the outer rim of our crypto universe. Been there, done that. Risk vs. Reward ratio. There's a reason not to invest monthly wages into stuff like that.

But back onto general advise. There are swing cycles starting at the end of a month, peaking at the middle of the month. Things calm down, things load up again. Related to payment days?
Today, a sunday at the beginning of a month, I am frustrated. Charts all red, actually a buying opportunity for picking up some winners that will gain +10% from experience, at least, on mean average. Try getting that return of investment each month anywhere else.

I'll have to investigate Waves versus Blocks further. Thanks for hinting out there are some differences.

Blocks are only a small part of my portfolio. Unfortunately. I went in there with a profit from another coin. It was an investment in and a bet on the good idea - which is an absolutely needful project for us (traders). And it was a bet against the scam-accusations against the dev from some users here on BCT.
I think they lost.
 ;D

I suggest you to do your investment in 2 different way. Invest like 100$ to a long term coin like waves to get 4-5k in a year or so. Secondly do some short term investments like Neo or musicoin to get 2x.

You words really motivates me. I think every beginner must read this!

'Decentralized' is just a buzz word to advertise with. Steem is not decentralized, Waves is not decentralized, Ethereum is not decentralized.
If someone unplugs the right server it does no longer work or goes down in value a lot.

I think it's best time to invest right ? every coin drop 10% or more.. I think I will wait a bit and then start the game.
I'm thinking investing 40% of my funds in top 10 coins, 40% in mid coins and 20% in low cap coins? what do you think guys ?

try using etherium, waves, and lite coin because the type of coin in my opinion has a high exchange rate so at this time I still defend it to make trading. just try if for example not in accordance with what you want just leave it and look for another.