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Author Topic: I want to invest 1000 USD into crypto  (Read 2614 times)
megynacuna
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October 23, 2017, 11:52:09 PM
 #141

Cryto currency that is good for long term investment that should be bitcoin. I say invest all your $900 USD into bitcoin and the rest of $100 keep it as capital for trading and learn how to trade you can search trading tutorials and there are bunch of them in the world wide web. I think this will good as a investing strategy while you keep and store your bitcoins to grow you can also earn quick money from trading and use it for your personal expenses or financially.

Well i agree with you that bitcoin is the best investment platform currently and  so i will suggest the OP puts all the 1000USD into bitcoin rather tghan diversifying it into other cryptos. Bitcoin's growth in incomparable and better than the other altcoins.



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October 23, 2017, 11:55:34 PM
 #142

Buy good altcoins on the dip and sell on 10% profit, repeat until you accumulate more capital then start buying better coins such as LTC, Monero, Neo, Ethereum, etc.
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October 24, 2017, 12:02:02 AM
 #143

Buy a mining rig ? hmm not a bad idea since I have mining rig in my house also since the bills of our electricity is low and also I'm on a cold country so temperature for my rig is not that bad or you could buy coins directly since the price of the bitcoin after fiveyears could be $25000 it's a prediction from an article I read. that's the best option you can choose. don't cloudmining. you could lose all your capital from it.

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October 24, 2017, 12:04:19 AM
 #144

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 ?
buy mining equipment: not a bad idea if you have a cheap electricity, have some space in your home to place the rig and do proper cooling and also if you know how to maximize your profit by mining the better coins and dump them on good time.

cloudmining: a big ass NO.

buying coins directly: this is a good option too. it doesn't have to be a separate one either. you can mine and also invest. buy bitcoin first and always have some of it held somewhere safe. specially now that there is a dip it makes a good time to invest for long term. and also start trading altcoins to know them better, it helps with choosing what to mine too.

Quote
What cryptocurrency might be the best for long-term profit ?
long term? only bitcoin.

Quote
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.
start small, you can only get the answers you want if you experience the market. start trading and learn how it really works. it is a good market to make a decent profit.
Pretty much the best advice for us newbies. Thanks pooya87! 😊 Bottomline, it is still up to us to explore the system to find the answers. Experience is the best teacher! So if we lose, that's part of learning...

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November 04, 2017, 07:18:13 AM
 #145

Hmmm 1000 I'm afraid is hard to get your ROI without years of effort and definitely you would need more than that. A great crypto future doesn't start or end with $1000 only. There would be times to cover any lost and to cash out as well, Cryptoworld had many ways to profit you just have to be, creative, smart and lucky.

In short, trade using your $1000 worth of crypto coins = lots of research, luck and speculation.

Mining = passive but very slow to ROI if you have no plan to expand.

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November 04, 2017, 08:52:04 AM
 #146

If I have that money I would rather invest it in bitcoin and altcoins. Large portion of it is for mid term and some ade for day trading. Just do this if you have enough skills and knowledge in trading as it would have the tendency to lose your money instead of growing it. I would not suggest cloud mining as most of it are scam. As for mining, if your goal is to have the fastest ROI possible, then it would not be suitable for it. Not to mention the high electricity it cost just for mining coins. My technique for mining is that I mine altcoin, as bitcoin is not profitable nowadays, then store it in a wallet and just hodl it until it appreciates its value. It is about taking risk but that is how this investment works. It would take time and must be maintained well.

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November 04, 2017, 09:00:55 AM
 #147

Buy good altcoins on the dip and sell on 10% profit, repeat until you accumulate more capital then start buying better coins such as LTC, Monero, Neo, Ethereum, etc.

Yes, you have given the good suggestion because of many people buy the altcoin at a higher rate, when the price is falling they don't have enough money to buy back those. It is always good to buy at the time dips only because it will automatically increase it's price as soon as the market settles.

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November 04, 2017, 09:23:21 AM
 #148

If you seriously got 1000 USD to invest in Bitcoin, then simply invest in Bitcoin as the profits are 99% guarantee over any other alt coin. Also, over the long time Bitcoin market value will increase as one can see, right now Bitcoin price is touching 7,000 USD and it is expected that in the coming 2-3 months it will touch 10k USD. All these kinds of factors make Bitcoin the popular cryptocurrency and best to make investment.

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November 04, 2017, 09:27:28 AM
 #149

If you are new in crypto and want to mine it could be a little bit hard way for you if you are not stricte related to informatic and techinical things.
The second way but very similar to mining is masternode, you can buy currency that offers it and earn in long them. Later you are able to sell earned coins and coins from masternode. The mining stuff will be worthless in the near future.
You can diversifie you wallet due to have more chance to for profit or just invest all in one but you have to make a great research and read a lot of your future coins due to pick the best one.
For example solaris (XLR) coin  own masternodes, check out my signature and find some informations.

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November 10, 2017, 10:03:19 PM
 #150

Forward), but this is not a very large sum for good earnings, pussy decided to indulge

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