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Author Topic: Where would you invest if you had 40$/day ?  (Read 28805 times)
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March 02, 2017, 11:45:08 PM
 #401

For 40$/a day you could probably invest in many altcoins without having to worry much about losing too much. You will always have a steady income and if you invest cautiously, you can make a good amount of money. Plus if you lose 40$, it won't mean too much to you because you'll make that back the next day.

Yeah. I believe it is the safest investment in terms of Bitcoin. (though it is still risky). So, if you are earning $40 a day. That is a great capital to start trading with Altcoins. We all know that trading Altcoins will generate huge profit if you did the right decision. Just have to research and be cautiously in selecting what coin to be traded. And beware to those scam coins scattered everywhere. (friendly advice)

 
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March 03, 2017, 01:16:27 AM
 #402

I would simply store some and increase my Bitcoin storage and rest invest in bank with a recurring deposit


Yeah the same thing with what I'm planning. I made up my mind if I have this good amount for a day. I'll keep on exchanging it with bitcoin and save some for myself in the future. And while waiting for the price of bitcoin for sure that's the best thing to do now because we can see that the price is increasing your $40 can be valued even higher if you'll store it to bitcoin.


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March 03, 2017, 10:26:00 AM
 #403

For 40$/a day you could probably invest in many altcoins without having to worry much about losing too much. You will always have a steady income and if you invest cautiously, you can make a good amount of money. Plus if you lose 40$, it won't mean too much to you because you'll make that back the next day.

Investing in many altcoins just lead to losses. If you only see 2 or 3 coins that have potential at the moment, then why would you invest in many altcoins? It would be much better if you invest a lot of money on those 2-3 coins rather investing small dividends of your total money into different altcoins. When you have invested in too many altcoins, even when one of them gave you profit, it will be cancelled out by the ones that gave you losses.

Although you can make another $40 the next day, you shouldn't be so carefree about investing. Money is still money and you're not going to live forever. If you carry on the "nevermind, I'll make another $40 tomorrow anyway", it will never change and you will continuously lose money.

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March 03, 2017, 10:50:59 AM
 #404

For 40$/a day you could probably invest in many altcoins without having to worry much about losing too much. You will always have a steady income and if you invest cautiously, you can make a good amount of money. Plus if you lose 40$, it won't mean too much to you because you'll make that back the next day.

Investing in many altcoins just lead to losses. If you only see 2 or 3 coins that have potential at the moment, then why would you invest in many altcoins? It would be much better if you invest a lot of money on those 2-3 coins rather investing small dividends of your total money into different altcoins. When you have invested in too many altcoins, even when one of them gave you profit, it will be cancelled out by the ones that gave you losses.

Although you can make another $40 the next day, you shouldn't be so carefree about investing. Money is still money and you're not going to live forever. If you carry on the "nevermind, I'll make another $40 tomorrow anyway", it will never change and you will continuously lose money.


I clearly understand your point. From what I know, The Prices for goods and services (Not limiting to just Bitcoin or Altcoins) are highly unpredictable. There's no business that is always lucrative. Whether You're running an online shop, Or Selling physical goods in your locality, There's bound to be loses in business. The same goes for altcoins trading. While You were making your point, You failed to acknowledge the fact that there's a possibility to make money (possibly a lot of profits) from trading altcoins.


Don't be one-sided.

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March 05, 2017, 04:02:05 AM
 #405

Since its such a small amount i would try to trade or might as well just keep it since you're already making 40 a day! Lol

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March 05, 2017, 09:29:46 AM
 #406

Imagine you had a daily income of 40$ each day in bitcoin, what would do with them and where would you invest them ?
Why would I invest them.
Bitcoin is itself a form of investment.
I mean the just see how the cost of bitcoins has increased.
It was not even 1$ .(here I am talking about the 1st bitcoin ever)
Just think if someone had puchased it then .
Then how much profit he would have made.
40$ per day Is almost like 1BTC per month.
Its a huge amount. And it would be even more in the times to come.
 Bitcoin is itself a form of investment,
So I would not like to invest this amount somewhere else.
The day is not far when 1BTC = 10000$.
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March 05, 2017, 08:41:56 PM
 #407

Since its such a small amount i would try to trade or might as well just keep it since you're already making 40 a day! Lol

If you think that it is just a small amount. Most of the people here thinks that this amount is pretty good for a daily basis and for me, this is already a good one. And trading with bitcoin is the best for me and just hold it until the price makes higher and when that happens just repeat it again. But it's also good if he will diversify it.

That's right if you are earning that amount on daily basis then its a really good amount to invest in altcoins with cheaper price but make sure that you invest in different altcoins and not only in single one and if price pumps then it will give you good profits and it will also grow your bitcoins so I think to invest that amount of money trading is the best place to do so.
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March 06, 2017, 11:11:24 AM
 #408

Investing today doesnt really give you profit. You can switch to trading instead of investing. But $40 is a little bit too low. Try to increase it atleast $100. Then buy some altcoin and dump it when it pumps. It is better than investing your money into unknown site. You will be scammed if youre not careful.

I don't think that 40$ is a low amount. Many people need daily earning on their investment, with 40$ you can keep on investing in bitcoin because when compared to other altcoin bitcoin will give you huge profits in the longer run if you wait patiently.
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March 06, 2017, 03:57:59 PM
 #409

Investing today doesnt really give you profit. You can switch to trading instead of investing. But $40 is a little bit too low. Try to increase it atleast $100. Then buy some altcoin and dump it when it pumps. It is better than investing your money into unknown site. You will be scammed if youre not careful.

I don't think that 40$ is a low amount. Many people need daily earning on their investment, with 40$ you can keep on investing in bitcoin because when compared to other altcoin bitcoin will give you huge profits in the longer run if you wait patiently.

With that amount of investment in bitcoin it will take ages for him to make huge profits as $40 is too low if you are investing it in bitcoins and it will not give you best returns as price will not reach to the moon overnight but if he invests that money in cheaper altcoins then he can make good profits from it.

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March 08, 2017, 12:03:43 PM
 #410

If I have that $40 a day I am going to invest my bitcoin  in altcoins trading and study the strategies om how to deal with the decision making on how to manage the decision making for trading functions. All you have to do is proper learning in order to have tools to use for the right time you are matured enough to your investments made at trading.
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March 08, 2017, 03:59:28 PM
 #411

I will invest it to open a online shop using my 40$ profit every day. I will save my one month earnings to launch my own shop online. 30 x40=1200 ,enough to start a new business
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March 08, 2017, 04:11:51 PM
 #412

I will invest it to open a online shop using my 40$ profit every day. I will save my one month earnings to launch my own shop online. 30 x40=1200 ,enough to start a new business

$1200 isnt bad to an amount to start up a new business specially when you do live on a developing country on which dollar rate is very high and with that amount you could able to create a small store like in my place.I would still do the same if i do have these kind of earnings.

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March 09, 2017, 05:10:09 AM
 #413

If I have that $40 a day I am going to invest my bitcoin  in altcoins trading and study the strategies om how to deal with the decision making on how to manage the decision making for trading functions. All you have to do is proper learning in order to have tools to use for the right time you are matured enough to your investments made at trading.
If you go through trading it doesn't guaranteed you to get stable income from your capital. Although you could get big profit from trading but it doesn't stable at all, if you had $40 better to open local business.

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March 09, 2017, 02:20:25 PM
 #414

I will invest it to open a online shop using my 40$ profit every day. I will save my one month earnings to launch my own shop online. 30 x40=1200 ,enough to start a new business

$1200 isnt bad to an amount to start up a new business specially when you do live on a developing country on which dollar rate is very high and with that amount you could able to create a small store like in my place.I would still do the same if i do have these kind of earnings.

For a month I've got $1,200 that's already enough for me to start my own business and preferably if I have current investment in bitcoin.

I will try to invest and diversify it with real life business. Since here in my country transportation is one of the best investment.

I'll buy my preferably a motorcycle or bicycle and I'll offer it good to be used by whomever wants to use it and payment will be everyday.

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March 12, 2017, 01:18:10 AM
 #415

I would probably invest half of it into poloniex, invest another quarter into casino bankrolls, and then hodl the last quarter. I think that is a good balance for bitcoin investments.

If you dont want to hodl you can put the last quarter into cryptomerian.

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March 12, 2017, 04:20:22 AM
 #416

I will invest it to open a online shop using my 40$ profit every day. I will save my one month earnings to launch my own shop online. 30 x40=1200 ,enough to start a new business

$1200 isnt bad to an amount to start up a new business specially when you do live on a developing country on which dollar rate is very high and with that amount you could able to create a small store like in my place.I would still do the same if i do have these kind of earnings.

For a month I've got $1,200 that's already enough for me to start my own business and preferably if I have current investment in bitcoin.

I will try to invest and diversify it with real life business. Since here in my country transportation is one of the best investment.

I'll buy my preferably a motorcycle or bicycle and I'll offer it good to be used by whomever wants to use it and payment will be everyday.
Yeah $1200 is more than enough to make a good start to a business or else to invest for a better earning. In a third world country $1200 is something big for an day job. So it's difficult to earn such a big amount. Even through bitcoin it's difficult, gambling seems to be the only way.

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March 12, 2017, 01:43:25 PM
 #417

I would invest in the trading world and the real world too. in the real world I would open up some business, so that someday my income will be balanced. This is want I expected, getting money from two different things.
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March 12, 2017, 01:56:33 PM
 #418

I would invest in the trading world and the real world too. in the real world I would open up some business, so that someday my income will be balanced. This is want I expected, getting money from two different things.
That's everyone dream to open business in the real world and in the internet yet it's not easy thing to do without any time/requirements you meet.

If I had $40/day, I'd rather to save and trade an altcoin although isn't give me stable profit but that's worth it.

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March 12, 2017, 04:49:41 PM
 #419

I will invest it to open a online shop using my 40$ profit every day. I will save my one month earnings to launch my own shop online. 30 x40=1200 ,enough to start a new business


If your country is not completely developed than 1200$ is a really good investment for offline business because USD will be the much higher rate in those countries. So you can start whatever business is profitable for you, but be careful in choosing the best business it should give you long term income.
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March 12, 2017, 05:20:22 PM
 #420

Most likely I would invest it into trading.
I can make some good investments and earn some good money and build up my investments. Smiley Smiley
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