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Author Topic: I want to invest 1000 USD into crypto  (Read 2525 times)
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October 12, 2017, 02:42:05 PM
 #101

Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.

Most cloud mining are scams so stay away from it. Mining with $1000 usd? Not sure if that is enough, the prices for mining items alone has risen tremendously, 5000 usd might be quite enough to get your own best items for the best prices. But, it is difficult to setup a mining rig because most of it are sold out or too expensive. I cannot see into the future, if I could I would buy 5000 BTC when it is cheap. So, the lesson is do your own research first before you get into cryptocurrency. Do not ever be a FOMO (Fear Of Missing Out) and diversify you altcoin portfolio.   
Investing 1000SD is not enough increase your budget up to 5000SD TO invest in the BTC And join the community of cryptocurrency investors by which you will gain huge profit dint get into the hands of scammers there is no such low investment nowadays the only major one is BTC and you should invest in it.
Why would you say $1000 is not enough ? It depends on what you want to use it for but any amount is enough and that amount is even a very good amount to start earning something tangible.

If the OP can put his mind like few weeks into learning trading and practicing a little with some little amount first until he is sure it is something he can do with some little confidence for a start, that amount can increase faster than he would expect.

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October 12, 2017, 03:20:50 PM
 #102

Well $1000 is a good amount to start investing, I would prefer investing in both bitcoins and ethereum as they both are showing great profit at both short and long term investment.But always buy at low and sell at high or after you bought bitcoins just hold them for as long as possible because bitcoins prices will be increasing as their demands and popularity are increasing.I think that cloud mining a risky strategy to earn profits, bitcoins are best for long term investment.

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October 12, 2017, 05:21:39 PM
 #103

Well $1000 is a good amount to start investing, I would prefer investing in both bitcoins and ethereum as they both are showing great profit at both short and long term investment.But always buy at low and sell at high or after you bought bitcoins just hold them for as long as possible because bitcoins prices will be increasing as their demands and popularity are increasing.I think that cloud mining a risky strategy to earn profits, bitcoins are best for long term investment.

If $1000 is applied to passive investments, bitcoin is the best answer, but I think half of it is better used for gambling, we are free to do anything because humans always have advantages and must be searched manually and not based on prospects of others.


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October 12, 2017, 05:24:52 PM
 #104

That is good. I advise to invest in bitcoin if you want long-term, and invest on altcoin if want fast. but choose altcoin that is really potential, and do not choose a new altcoin, because it can be a scam.


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October 12, 2017, 05:27:02 PM
 #105

That is good. I advise to invest in bitcoin if you want long-term, and invest on altcoin if want fast. but choose altcoin that is really potential, and do not choose a new altcoin, because it can be a scam.

As much as many new altcoins in the form of ICOs can be scams, there is so much value to be missed out on if you completely ignore ICOs or coins that have just completed ICO. People just need to be sensible with where they invest their money and make sure they do their due diligence.  Otherwise I agree.

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October 12, 2017, 05:43:42 PM
 #106

It take a long time to break even in cloud mining, setting up mining
rig will be a better idea if your electricity cost is low. You can use a mining profitability calculator to analyse your earnings.

Of course, buying the coins you are interested in will be easier.

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October 12, 2017, 06:08:31 PM
 #107

For funds trading altcoin, $1K is enough for me. Because with that amount, I can meet needs of life only from trading. So, my salary from work can be stored intact.
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October 12, 2017, 06:19:23 PM
 #108

Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.
If I wear you dude, why don't you try to invest it in buying altcoins so that your capital will be in good place or much better bitcoin itself then hold in a long term pal.

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October 12, 2017, 07:11:09 PM
 #109

Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.
If I wear you dude, why don't you try to invest it in buying altcoins so that your capital will be in good place or much better bitcoin itself then hold in a long term pal.

depending on your basic skills, I would tend to look for opportunities in some existing ICOs and not expect ROI any time soon. I will do anything other than engage in HYIP, we can also be a loan broker to a trusted person, during the process that happens we can continue to learn and perfect our skills.

   
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October 12, 2017, 07:19:22 PM
 #110

Better let it be diversified, obviously Invest and hold Bitcoins, no doubt. But also buy some other Cryptos, and also ICOs. Research before you do so, learn about the altcoins and their team motto and assess the risk. About ICOs better to be careful as recently many scams are taking place, but if you take a proper look into the market of upcoming ICOs, you can somehow manage to assess which one has future prospects and is here to stay. There is a risk, but the risk might pay you a good return.

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October 12, 2017, 08:16:13 PM
 #111

Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.


First you need to buy BTC and it should contain around 40 % of your portfolio. In order to diversify risks you can buy top 5 or top 10 cryptocurrencies.
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October 12, 2017, 11:57:35 PM
 #112

To be honest $1000 is not a huge investment to make in bitcoins as with current price you will get around 0.18 btc which is too low in my opinion so the best alternative would be to invest in different altcoins that have cheap price and good volume and reputation as if price pumps then you will be making huge profits in quick time which may not be possible with bitcoins.

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October 13, 2017, 01:19:14 PM
 #113

Of course buy Ethereum.
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October 14, 2017, 01:06:15 PM
 #114

Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.

Most cloud mining are scams so stay away from it. Mining with $1000 usd? Not sure if that is enough, the prices for mining items alone has risen tremendously, 5000 usd might be quite enough to get your own best items for the best prices. But, it is difficult to setup a mining rig because most of it are sold out or too expensive. I cannot see into the future, if I could I would buy 5000 BTC when it is cheap. So, the lesson is do your own research first before you get into cryptocurrency. Do not ever be a FOMO (Fear Of Missing Out) and diversify you altcoin portfolio.   
Investing 1000SD is not enough increase your budget up to 5000SD TO invest in the BTC And join the community of cryptocurrency investors by which you will gain huge profit dint get into the hands of scammers there is no such low investment nowadays the only major one is BTC and you should invest in it.
Why would you say $1000 is not enough ? It depends on what you want to use it for but any amount is enough and that amount is even a very good amount to start earning something tangible.

If the OP can put his mind like few weeks into learning trading and practicing a little with some little amount first until he is sure it is something he can do with some little confidence for a start, that amount can increase faster than he would expect.
1000USD is a good amount but it also matter that in which crypto you are investing make a decision wisely and invest in that one which has long lasting benefits as well as its popularity is also great, don’t put money just for the sake of profit and see other factors also and nowadays bitcoin is the beneficial one so invest in it to make double of that amount,

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October 14, 2017, 02:20:36 PM
 #115

Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.


If you want higher margin of return try investing on ICO, but its like HIGH RISK HIGH RETURN, just find time to review the ICO before choosing one.


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speedy963
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October 14, 2017, 02:21:28 PM
 #116

Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.

Most cloud mining are scams so stay away from it. Mining with $1000 usd? Not sure if that is enough, the prices for mining items alone has risen tremendously, 5000 usd might be quite enough to get your own best items for the best prices. But, it is difficult to setup a mining rig because most of it are sold out or too expensive. I cannot see into the future, if I could I would buy 5000 BTC when it is cheap. So, the lesson is do your own research first before you get into cryptocurrency. Do not ever be a FOMO (Fear Of Missing Out) and diversify you altcoin portfolio.   
Investing 1000SD is not enough increase your budget up to 5000SD TO invest in the BTC And join the community of cryptocurrency investors by which you will gain huge profit dint get into the hands of scammers there is no such low investment nowadays the only major one is BTC and you should invest in it.
Why would you say $1000 is not enough ? It depends on what you want to use it for but any amount is enough and that amount is even a very good amount to start earning something tangible.

If the OP can put his mind like few weeks into learning trading and practicing a little with some little amount first until he is sure it is something he can do with some little confidence for a start, that amount can increase faster than he would expect.
1000USD is a good amount but it also matter that in which crypto you are investing make a decision wisely and invest in that one which has long lasting benefits as well as its popularity is also great, don’t put money just for the sake of profit and see other factors also and nowadays bitcoin is the beneficial one so invest in it to make double of that amount,
There are lots of risks in inveating money to a certain crypto coin. Lots of study and research must also be done in order for you to decide, i agree also with your opinion dude that you must be careful and aware to what you are investing. You must also consider the consequences that may follow, maybe $1000 is a big amount but if you fail you can lose more than a hqlf of it.

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prtty2gal2
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October 17, 2017, 02:08:31 PM
 #117

Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.

Most cloud mining are scams so stay away from it. Mining with $1000 usd? Not sure if that is enough, the prices for mining items alone has risen tremendously, 5000 usd might be quite enough to get your own best items for the best prices. But, it is difficult to setup a mining rig because most of it are sold out or too expensive. I cannot see into the future, if I could I would buy 5000 BTC when it is cheap. So, the lesson is do your own research first before you get into cryptocurrency. Do not ever be a FOMO (Fear Of Missing Out) and diversify you altcoin portfolio.   
Investing 1000SD is not enough increase your budget up to 5000SD TO invest in the BTC And join the community of cryptocurrency investors by which you will gain huge profit dint get into the hands of scammers there is no such low investment nowadays the only major one is BTC and you should invest in it.
Why would you say $1000 is not enough ? It depends on what you want to use it for but any amount is enough and that amount is even a very good amount to start earning something tangible.

If the OP can put his mind like few weeks into learning trading and practicing a little with some little amount first until he is sure it is something he can do with some little confidence for a start, that amount can increase faster than he would expect.
1000USD is a good amount but it also matter that in which crypto you are investing make a decision wisely and invest in that one which has long lasting benefits as well as its popularity is also great, don’t put money just for the sake of profit and see other factors also and nowadays bitcoin is the beneficial one so invest in it to make double of that amount,
Yes bitcoin is the best option to invest but in 1000 dollars that’s not possible one should raise his resources if he want to invest into the most profitable coin and other coins are also in market but they are not credible like bitcoin and nobody knows about them so why to risk money make decision and then invest so that you can feel proud rather than a regret.

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Allan Ramanda
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October 17, 2017, 02:38:12 PM
 #118

Whatever you do like investing and trading you must be careful. do not believe it easily, because you can lose $ 1000. you should choose the altcoin or crypto is already famous, or you can read the white paper.

appleffi
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October 17, 2017, 03:03:19 PM
 #119

if you are investing that much in crypto currency, always bear in mind what brought you there and also make sure that you always do things in the extent of your capabilities so that when the time comes you're rest assure that you are in the right track you wish you could be there.

Semar Mesem
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October 17, 2017, 04:20:47 PM
 #120

Good choice if invest money into cryptocurrency, I suggest to choose some coins that have good performance for example bitcoin, ethereum, litecoin and so on.

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