SonOfNorth
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Activity: 195
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THE GAME OF CHANCE. CHANGED.
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August 12, 2017, 06:53:48 AM |
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I agree that 100 bucks is too small a sum for investment. at least a few thousands to start with I think, you need that amount of initial investment to make a noticeable profit
Well always everyone does not have thousands dollar for investment we need to cater to whatever we have and to start of with it. True, but what poiseulle is saying is that if you only buy BTC for $100, it doesn't really matter even if BTC was to grow tenfold to $35,000, because you'd only have $1000 at that point. It's good money, but it won't change your life one way or another. And it's also highly unlikely for BTC to grow that much in a very short period of time, essentially just ruining your ROI anyways. If you really want to make money out of BTC, you need quite large initial capital to really see any profit. For small amounts altcoins with some background research are a better way, since they're (much) cheaper and have much more room to grow in short period of time.
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romani245
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August 12, 2017, 08:01:37 AM |
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Ok, assume you are relatively new to crypto currency and have missed the train (haven't bought Bitcoins back in 2009/2010 when they were ridiculously cheap). You have, let's say only $100 to spend for investing in Bitcoins or Altcoins. While 100$ was more then enough in 2009/2010 to make you now financially independent, if you invested it all in Bitcoins at a price of 0.07$ or even lower at that time, which strategy do you think is the most profitable if you start today where the price is not a few Cents anymore but around 3.500$ per bitcoin?
1. Use the 100$ to buy BTC now and hold ("hodl") it until price reaches hopefully something like 100.000$ or even 500.000$ in 10 years 2. Trade BTC with a "buy low, sell high" strategy on a daily basis like a day trader 3. Trade BTC with a "buy low, sell high" strategy on a longer time frame 4. Lend your BTC you can buy for $100 on Poloniex to other traders to receive a few Satoshis every day (interests) 5. Lend your BTC somewhere else (might be risky) 6. Invest in ICO (might be even more risky) 7. Try to find a new but promising Altcoin and grab as much as you can for $100 right from the start before the price (hopefully) sky-rockets one day (also high risk I think)
Which strategy would you think will the best to make the most out of $100 you invest today?
$100 isn't much. I'd probably research several cheap (1-50 satoshi range) altcoins and take a gamble on them. That's your best shot at a massive return (which I would then put into bitcoins). It's crazy to think that just a couple years ago, that could have bought you half of a bitcoin...
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gabmen
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August 12, 2017, 09:03:20 AM |
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Ok, assume you are relatively new to crypto currency and have missed the train (haven't bought Bitcoins back in 2009/2010 when they were ridiculously cheap). You have, let's say only $100 to spend for investing in Bitcoins or Altcoins. While 100$ was more then enough in 2009/2010 to make you now financially independent, if you invested it all in Bitcoins at a price of 0.07$ or even lower at that time, which strategy do you think is the most profitable if you start today where the price is not a few Cents anymore but around 3.500$ per bitcoin?
1. Use the 100$ to buy BTC now and hold ("hodl") it until price reaches hopefully something like 100.000$ or even 500.000$ in 10 years 2. Trade BTC with a "buy low, sell high" strategy on a daily basis like a day trader 3. Trade BTC with a "buy low, sell high" strategy on a longer time frame 4. Lend your BTC you can buy for $100 on Poloniex to other traders to receive a few Satoshis every day (interests) 5. Lend your BTC somewhere else (might be risky) 6. Invest in ICO (might be even more risky) 7. Try to find a new but promising Altcoin and grab as much as you can for $100 right from the start before the price (hopefully) sky-rockets one day (also high risk I think)
Which strategy would you think will the best to make the most out of $100 you invest today?
I think i'd probably split it between 1,3 and 7. 50$ would be to hold until price rises crazily high, then 25$ would basically for trading and observing the current btc movement. Then the other 25$ i would risk with upcoming alts though of course i'll do a whole lot of research first before i venture into a specific alt.
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bamboylee
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August 12, 2017, 09:11:32 AM |
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You have 100$ now, so you buy bitcoin and hold. Next month you have 50$, you buy bitcoin and hold. Continue buying bitcoin with your extra money every month. The buy phase is not yet over, the price of bitcoin can still go very very high. Sma amounts accumulate and before you know it, you are rich.
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Kaller
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August 12, 2017, 06:18:44 PM |
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7. Try to find a new but promising Altcoin and grab as much as you can for $100 right from the start before the price (hopefully) sky-rockets one day (also high risk I think)
Which strategy would you think will the best to make the most out of $100 you invest today?
I prefer to do this (option number 7). I almost become millionaire if i was invested all my money on XEM, i remember when it still was 70 satoshi/XEM around 2 years ago. Have many altcoin very cheap in 2 years ago, Ethereum is one of them successfully from $0.01 per coin (ICO price) and growth to $400 in this year. So if we choose holding cryptocurrency in long term and forgot them, maybe better than day trader. I was trading Ethereum when it was $40. I wish I bought more of them would have made a fortune by now. Oh well, live and learn...
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johnwest
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August 12, 2017, 06:38:19 PM |
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100$ is too little to make the most profit in 10 years. You may argue that BTC gone up like anything but not all coins will so you have to understand and see through a coin before investing in it. I recommend you try to invest in ICO's which are popular right now.
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2double0
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Activity: 2618
Merit: 1105
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August 12, 2017, 06:47:37 PM |
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100$ is too little to make the most profit in 10 years. You may argue that BTC gone up like anything but not all coins will so you have to understand and see through a coin before investing in it. I recommend you try to invest in ICO's which are popular right now.
They are trying to recoup the possibilities of risk by investing what they may afford to lose and it looks more of an example than a reality as everyone knows that a 100 USD bill couldn't make you a millionaire unless some serious trades are made by you where your average profits per trade should be not less than 200% and compounding the way I said is almost impossible. Yet ICOs are now a good opportunity, they should be treated as a project itself because if it fails to deliver then only investors will suffer.
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xaxistech
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August 12, 2017, 06:55:29 PM |
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its difficult to say that you can be a millionaire with only one hundred dollars.. impossible i would say. you need a good capital of at least $50k or $100k to say that you can have a good return in a few years, and making one million with 50k is difficult, because holding that money and trading with that amount can make you feel scared of losing one trade, you have to be a serious trader, not a newbie.
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Inkdatar
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August 12, 2017, 11:26:08 PM |
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You have 100$ now, so you buy bitcoin and hold. Next month you have 50$, you buy bitcoin and hold. Continue buying bitcoin with your extra money every month. The buy phase is not yet over, the price of bitcoin can still go very very high. Sma amounts accumulate and before you know it, you are rich.
This is one of the strategy that any people could be rich by buying and holding some bitcoin. As the price is continues increasing. Also, we can choose to invest a promising altcoin that has a cheap price and hold that this could offer also to be profitable in the future. There is a risks in investing but believe in that you earn in the future and become rich.
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freeyourmind
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August 13, 2017, 01:00:33 AM |
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If you can trade effectively, that would be the way to go, but that assumes that things will go your way. If you're not an effective trader, then I'd say long-term hodl would be best.
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sensimilia
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August 13, 2017, 02:18:17 AM |
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And every trader catches a loss at some point
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ubeng07
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August 13, 2017, 02:47:19 AM |
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You have 100$ now, so you buy bitcoin and hold. Next month you have 50$, you buy bitcoin and hold. Continue buying bitcoin with your extra money every month. The buy phase is not yet over, the price of bitcoin can still go very very high. Sma amounts accumulate and before you know it, you are rich.
This is one of the strategy that any people could be rich by buying and holding some bitcoin. As the price is continues increasing. Also, we can choose to invest a promising altcoin that has a cheap price and hold that this could offer also to be profitable in the future. There is a risks in investing but believe in that you earn in the future and become rich. If you have a good attitude as a trader and good in holding you a tempt in terms of where some coin goes pump and dump and you have patient and stay calm you can have a good profit. Holding would be probably best.
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janggernaut
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Activity: 2366
Merit: 1130
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August 13, 2017, 03:44:04 AM |
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its difficult to say that you can be a millionaire with only one hundred dollars.. impossible i would say. you need a good capital of at least $50k or $100k to say that you can have a good return in a few years, and making one million with 50k is difficult, because holding that money and trading with that amount can make you feel scared of losing one trade, you have to be a serious trader, not a newbie.
It is not impossible, it's possible. Imagine if you have bought BTC on Apr 2010. From wikipedia, Bitcoin price on Apr 2010 was only $0.003. If you have invested with $100, it means you should have 100/0.003 = 33,333.33 BTC Let say you are only holding 10% from that amount, you would have 3,333.33*$4100=$13,666,666 now only from $100
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michellee
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August 13, 2017, 04:56:43 AM |
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Ok, assume you are relatively new to crypto currency and have missed the train (haven't bought Bitcoins back in 2009/2010 when they were ridiculously cheap). You have, let's say only $100 to spend for investing in Bitcoins or Altcoins. While 100$ was more then enough in 2009/2010 to make you now financially independent, if you invested it all in Bitcoins at a price of 0.07$ or even lower at that time, which strategy do you think is the most profitable if you start today where the price is not a few Cents anymore but around 3.500$ per bitcoin?
1. Use the 100$ to buy BTC now and hold ("hodl") it until price reaches hopefully something like 100.000$ or even 500.000$ in 10 years 2. Trade BTC with a "buy low, sell high" strategy on a daily basis like a day trader 3. Trade BTC with a "buy low, sell high" strategy on a longer time frame 4. Lend your BTC you can buy for $100 on Poloniex to other traders to receive a few Satoshis every day (interests) 5. Lend your BTC somewhere else (might be risky) 6. Invest in ICO (might be even more risky) 7. Try to find a new but promising Altcoin and grab as much as you can for $100 right from the start before the price (hopefully) sky-rockets one day (also high risk I think)
Which strategy would you think will the best to make the most out of $100 you invest today?
I think all strategy you list is a good strategy but I think I will choose from number 1 until number 4 because : 1. its a good strategy but if you only have another money to live. if not, you can not live for daily. 2. this is what I am doing every day although per order buy and sell, I only take small profit but if I make total order, at least I can make 0.003btc-0.01btc everyday or 3 days. so its worth for me. 3. I am doing this too for some of coins so I still have another coins for long term. 4. I am trying this too to make sure my bitcoin is grow even for small amount and its really works for me. from number 1 until number 4, slowly I can grow my bitcoin and I will doing this everyday no matter if the altcoin price is down or up.
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btcdiggingmaster
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August 13, 2017, 05:08:09 AM |
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There is no specific strategy for making a profit on your investment is just buy the altcoin which is more reputable in the market. Buy them for cheap and hold for the long term in this way you will make more profit on your investment.
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Osarman
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August 13, 2017, 08:17:14 AM |
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You have 100$ now, so you buy bitcoin and hold. Next month you have 50$, you buy bitcoin and hold. Continue buying bitcoin with your extra money every month. The buy phase is not yet over, the price of bitcoin can still go very very high. Sma amounts accumulate and before you know it, you are rich.
I will recommend you the same. Bitcoins are the best investment and soon will be made legal. They are increasing in value day by day. Many people are ready to grab bitcoins no matter what it costs them because they know; bitcoins will make them billionaire in the future.
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affandi
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August 13, 2017, 09:30:05 AM |
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Having a $ 100 fund currently seems very small if we buy bitcoins now. Choosing and buying altcoins that have good potential in the future is one of the advantages alternatives. But if I were you ,, I would not stop with just 100 $. Looking at the current bitcoin prices, I think this is a new low level and will not go down too far. For that, prepare your funds and buy bitcoin. Save, and earn profits abundantly
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ubitcoin
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August 13, 2017, 03:15:27 PM |
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No amount invested into bitcoin is small. Even as the price is $3,950 now as I’m writing, you can still invest your $100 and leave it to grow as little as it can. I believe you will profit from it. But, lol, what do you $500,000 in 10 years ? Lmao…that sounds a little bit funny.
If you want to invest into an altcoin, I will recommend Ethereum. I believe in few years, Ethereum will be sold at a higher price. You better invest now you have the chance.
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nightrider
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August 13, 2017, 03:59:49 PM |
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100$ is too little to make the most profit in 10 years. You may argue that BTC gone up like anything but not all coins will so you have to understand and see through a coin before investing in it. I recommend you try to invest in ICO's which are popular right now.
Yes, with the value of the current bitcoin, $ 100 is too little, you only own a bitcoin bit, it is not enough for you to profit after too long a time, you need a bigger amount to have more profit margins.
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mrcash02
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August 13, 2017, 04:53:35 PM |
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Ok, assume you are relatively new to crypto currency and have missed the train (haven't bought Bitcoins back in 2009/2010 when they were ridiculously cheap). You have, let's say only $100 to spend for investing in Bitcoins or Altcoins. While 100$ was more then enough in 2009/2010 to make you now financially independent, if you invested it all in Bitcoins at a price of 0.07$ or even lower at that time, which strategy do you think is the most profitable if you start today where the price is not a few Cents anymore but around 3.500$ per bitcoin?
1. Use the 100$ to buy BTC now and hold ("hodl") it until price reaches hopefully something like 100.000$ or even 500.000$ in 10 years 2. Trade BTC with a "buy low, sell high" strategy on a daily basis like a day trader 3. Trade BTC with a "buy low, sell high" strategy on a longer time frame 4. Lend your BTC you can buy for $100 on Poloniex to other traders to receive a few Satoshis every day (interests) 5. Lend your BTC somewhere else (might be risky) 6. Invest in ICO (might be even more risky) 7. Try to find a new but promising Altcoin and grab as much as you can for $100 right from the start before the price (hopefully) sky-rockets one day (also high risk I think)
Which strategy would you think will the best to make the most out of $100 you invest today?
1. Best option for laymen. 2. Too risky if you don't know what you are doing. As you have only $100 you must be very careful with your money. 3. This is good, but involves risk anyway... 4. From a $100 investment you won't make much profit and I don't know how good is being Poloniex at this time. 5. Very risky depending where you are investing... 6. Never invested on it. 7. This is like ICO, I think it's not a good way to make money as the prices are too faked and dump fast and anytime. I would choose points 1 and 5. But I would try to put much more than $100 on it, to make the investment worth, as you missed the train you will need much more effort to stay on the road.
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