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Author Topic: Beginner: Where to move forward  (Read 1654 times)
ktabb
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July 08, 2017, 02:23:40 PM
 #41

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To be honest, if you are just looking for something more than 5% per year then you shouldn't be in crypto... crypto is very risky. You can get a much more reliable return over 5% with big dividend stocks or real estate investment trusts (REITs). Mutual funds/index funds are a good option too. With crypto, you might double your money or cut it in half.

Also crypto is very high right now and slated to start moving downward. All coins are likely to decline soon as Bitcoin and the other leaders are extremely overvalued.

OP is saying he is young, probably underage too. and he said he has $100 to invest. i don't think you can even invest such a low amount into stocks or real estate investment trusts, ... most of them will laugh at you if you bring up $100 as investment Smiley

You can absolutely invest in stocks with $100. Use robinhood so you don't get any transaction fees. There are plenty of good dividend or long term growth stocks under $100 per share, such as VZ, T, V, MSFT, and others.

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July 08, 2017, 07:54:19 PM
 #42

Five percent weekly,monthly or annually? If you are very patient, buying bitcoin, monero and ethereum will go a long way. Buy them and forget about them for a few years.

Whatever you do, don't trade, unless you have huge sums to backup losses it is not worth it. That's all speculation, and the tide will go against you more often than not
In my opinion, Investing in Bitcoin should be a long term investment. Yes, it definitely gives you a big profit. But for that, you will need to be patient. Not for weeks. Not for months. It’s a story about forgetting it for years. But when its rate increases it gives you much profit. Just keep on monitoring the fluctuations of the exchange rates of crypto currencies.
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July 09, 2017, 04:10:36 AM
 #43

Why not try arbitration? It's fit for you who not find quick money, plus it's low risk, you just need to monitoring your transaction and find reliable exchange.
Arbitration is still at risk, many cases this month dispatching coins are disrupted from liqui to bittrex. Several days coins are not accepted, complaints have been delivered via new 6 day ticket is completed. The big problem is for 6 days the coin gets down. This is a painful loss.
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