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TheP3aceguy (OP)
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July 09, 2017, 05:43:47 PM
Last edit: November 18, 2019, 07:10:40 PM by TheP3aceguy
 #1

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July 09, 2017, 05:51:04 PM
 #2

Hello guys,

I'd like to invest around 120$ into Cryptocurrencies. Therefore I'm searching for some advice, where and what to invest in. If possible, I dont want to trade or just hold currencies, because I'd miss the fun there lol.




Thank you in advance!

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.

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July 09, 2017, 05:59:25 PM
 #3

$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.

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July 09, 2017, 06:12:20 PM
 #4

Hello guys,

I'd like to invest around 120$ into Cryptocurrencies. Therefore I'm searching for some advice, where and what to invest in. If possible, I dont want to trade or just hold currencies, because I'd miss the fun there lol.
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.

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July 09, 2017, 07:36:45 PM
 #5

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 Smiley
I think most profitable is ico Smiley
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July 10, 2017, 03:26:05 PM
 #6

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 Smiley
I think most profitable is ico Smiley

So this is basically about buying new Coins and waiting for them to go up and sell for profit?
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.
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July 10, 2017, 04:02:25 PM
 #7

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.

 
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July 10, 2017, 05:09:25 PM
 #8

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 Smiley
I think most profitable is ico Smiley
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).

OP, I think you're imagining cryptocurrency as some amazing dark world where everyone builds theme parks with blackjack and hookers.

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 distribution.
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July 10, 2017, 06:04:08 PM
 #9

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.

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July 10, 2017, 06:11:22 PM
 #10

Hello guys,

I'd like to invest around 120$ into Cryptocurrencies. Therefore I'm searching for some advice, where and what to invest in. If possible, I dont want to trade or just hold currencies, because I'd miss the fun there lol.




Thank you in advance!
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.
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July 10, 2017, 06:14:10 PM
 #11

Hello guys,

I'd like to invest around 120$ into Cryptocurrencies. Therefore I'm searching for some advice, where and what to invest in. If possible, I dont want to trade or just hold currencies, because I'd miss the fun there lol.




Thank you in advance!
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.  Cheesy
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July 11, 2017, 10:02:30 AM
 #12

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.
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.
Better to analyze the market and search for an ICO which may have a great value in the future.
And how to do that?
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July 11, 2017, 12:15:49 PM
 #13

Hello guys,

I'd like to invest around 120$ into Cryptocurrencies. Therefore I'm searching for some advice, where and what to invest in. If possible, I dont want to trade or just hold currencies, because I'd miss the fun there lol.




Thank you in advance!
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.  Cheesy

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.


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July 11, 2017, 03:45:33 PM
 #14

I'd like to invest around 120$ into Cryptocurrencies. Therefore I'm searching for some advice, where and what to invest in. If possible, I dont want to trade or just hold currencies, because I'd miss the fun there lol.
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.

 
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July 11, 2017, 03:52:23 PM
 #15

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.  Smiley

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July 11, 2017, 06:00:31 PM
 #16

Hmm okay.

Any tips for trading then?  Huh

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.
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July 11, 2017, 07:55:50 PM
 #17

Hmm okay.

Any tips for trading then?  Huh

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.
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July 11, 2017, 08:22:22 PM
 #18

With amount such small is not recommended to do arbitraging.

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.
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July 11, 2017, 11:59:50 PM
 #19

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.
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July 11, 2017, 11:59:54 PM
 #20

With amount such small is not recommended to do arbitraging.

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.

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.


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