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Author Topic: I want to invest 1000 USD into crypto  (Read 2539 times)
Mkmanik
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September 04, 2017, 04:36:58 PM
 #41

Welcome in crypto. As a trader, i want to say invest on crypto. You can buy some good coin with good future.For this just create an account on bittrex or poloniex or any good exchange platfrom and buy your desire coin.try to buy two or more coin.don't put all of your money in one eggs.its so risky because you can lost all of your money for that.Before buy a coin do your own research.I am suggesting you for buy Waves,ETH, & XMR.

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September 04, 2017, 05:02:34 PM
 #42

Now is an excellent time to invest in the crypto currency. The price of almost all alternative coins and bitcoin went down. And this means that soon we will rise again.
I would recommend that you divide the amount into equal parts and purchase the most popular alternative coins.

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September 04, 2017, 05:11:37 PM
 #43

It takes more than 1k to start mining and make it worth it.  I would recommend you learn to trade.  Invest your 1k and start trading.  Then when you make enough, maybe buy a mining rig then.
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September 04, 2017, 05:44:44 PM
 #44

Welcome in crypto. As a trader, i want to say invest on crypto. You can buy some good coin with good future.For this just create an account on bittrex or poloniex or any good exchange platfrom and buy your desire coin.try to buy two or more coin.don't put all of your money in one eggs.its so risky because you can lost all of your money for that.Before buy a coin do your own research.I am suggesting you for buy Waves,ETH, & XMR.

Crypto trading is good but at the present time why not invest 1000USD directly in bitcoins. The bitcoin value is near 4600$ and it will soon reach out to 5000$ + and currently it is best investment.  Currently all the alts are down and we cannot say when they will again begin to rise. I dont see them rise again unless the BTC price stabilizes.


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September 06, 2017, 12:19:25 PM
 #45

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.
Maybe you should make more research and try to know what’s happening in the bitcoin platform before investing, cause I believe there is likely to be a split on November. So if you are planning to invest by buying bitcoin, you have to chill first and wait till after November, and don’t ever invest in cloud mining.
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September 06, 2017, 12:40:50 PM
 #46

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.
$1000 is very big amount of money. I think you should invest it in the trading because for sure you can generate big amount of profits in trading. There are many altcoins nowadays that are really full of potential in the market and it is good for investments.

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September 06, 2017, 01:49:43 PM
 #47

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.
I would wait a little longer before investing If I were you OP because many of the coins in the market is overpriced IMO. you should just wait for things to go down in price before ever investing in them. It would also be good to buy your own setup and mine yourself rather than cloudmining because cloudmining is not that reliable since these type of sites always ends up as scam. Even if you dont profit on a coin, you can still profit from another via mining so it would be very profitable to invest in mining with your own setup. With a 1000$ im sure you can set up a good equipment to use for mining.
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September 08, 2017, 04:17:12 AM
 #48

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 ?
Exactly. It is a nice idea to invest this much amount in Bitcoins where one thing is for sure that this $1000 will give you much more in return. You can take a start by investing it and you can keep on adding more amount in it after certain period of time. And this will give you much profit than any other business could ever give you.

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.
You will never be disappointed if you go with ONLY bitcoins. So, you will never lose your capital. Stick within bitcoins and enjoy your life's greatest opportunity with unlimited returned over time.


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September 08, 2017, 04:22:43 AM
 #49

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.
its good that you ask here first because investing really risky and specially 1000 US dollars are big amount of money. For me it is better for you to spread your money in many cryptocurrencies so that if ever one of them will crash you will not loose all your money instantly and some of your investment also may gain big. I would strongly recommend Bitcoin, Monaco coin, and edgeles if you like. But do more research for you to have the best decision.

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September 08, 2017, 04:23:53 AM
 #50

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.
You can not make your own setup and start mining at just $1000, at least not bitcoin. Cloud mining is a big no, besides the fact that most of the sites are ponzi, you will hardly profit anything if you find a legit site. Best option probably is to buy some BTC abd hold them, btc is best for long term holding. You can also try some altcoins, especially ETH is quite popular that might earn you some profit in shorter run.

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September 08, 2017, 04:36:53 AM
 #51

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.
You can not make your own setup and start mining at just $1000, at least not bitcoin. Cloud mining is a big no, besides the fact that most of the sites are ponzi, you will hardly profit anything if you find a legit site. Best option probably is to buy some BTC abd hold them, btc is best for long term holding. You can also try some altcoins, especially ETH is quite popular that might earn you some profit in shorter run.
I do not prefer investing in cloudmining as this may not gives a profit in the long run. It is best to invest of your money in cyptocurrency and most especially btc. It's value will may increase and holding for a long term would give a huge profit.

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September 08, 2017, 04:40:34 AM
 #52

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.

i would suggest buy bitcoin when its low then wait for it to go up again.
now a days its hard to choose what altcoin to invest in
in bitcoin im pretty sure it less  the risk

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September 08, 2017, 05:04:06 AM
 #53

If i were you im gonna invest that money in an altcoin which has the promising project and its for long term. Dont you notice the rise of icos these days, but some of them are scam so becarefull on what coin you will pick to invest.

Aside from Bitcoin, investing into a good altcoin can bring in more possible returns. But the caveat here is the word "good" as finding one can be a bit confusing since there are so many choices as we are right now swimming in a sea of new ICOs and already established coins. One of things I am looking at is investing in a token type of ICOs which are involved in other big cryptocurrencies and also possibly involved with trading cryptos. That can be a good choice to look into.

As always, we have to be careful with our choices as many of these new projects can just be masqueraded by scam artists whose purpose is just to get our money and then later on they would just dump the project until it rots leaving all investors just holding empty containers. In fact, scam artists are right now having a field day celebrating because they now also found a very good platform to launch their schemes to victimize others.

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September 08, 2017, 05:16:05 AM
 #54

I think the safest way is to buy butcoin directly using your money, stay away from cloud mining because most of them are scammed, it wont give you any profit at all, mining is not too profitable anymore, the best way is to save your coin or do trading with the coin you bought

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September 08, 2017, 05:35:56 AM
 #55

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.
yes you can lose but base in this few years the bitcoin is 20x now so invest in bitcoin,me i only start here a few months ago but the price of bitcoin now is 2x so think positive,its possible that you will lose your money but its possible also your money will become a 2x also a chance is so big to become big so invest in bitcoin

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September 08, 2017, 05:42:56 AM
 #56

You should definetely buy some coins and just HODL (hold Wink ) them. You might even trade with them on a daytrade base after you have become more familiar with the Topic.

I recommend bittrex as an Exchange and would buy

500$ worth of BTC
250$ worth of ETH
125$ worth of XMR
125$ worth of NEO

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September 08, 2017, 06:03:13 AM
 #57

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.

Its no longer profitable to set up a solo mining. And even if you buy a good hardware the cost of electricity is higher and it will just negate the 'profit' if ever you got. I'm not sure about cloud mining though, not all of them are scam. But a lot has been popping out lately and turning to be a scam. As far as crypto currency in concern, bitcoin will be the logical choice to invest because the price keeps going. But I advise you diversify your portfolio as well, so you need to buy altcoins like ETH, XRP, LTC and others. You just have to to study the coins that you want to invest, if they have a good future or not. Goodluck to you mate.

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September 08, 2017, 06:26:13 AM
 #58

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.
Well, I think you can try to buy Mining rig, because as far as I know Price of it was in between 200$ to 500$, at least you already have 100% bitcoin profit that will produce to you daily, then the remaining 500$ invest it in cryto altcoin, like Xem, Waves, Eth, Maid, Bay, then Bitcoin of course.

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September 08, 2017, 06:37:50 AM
 #59

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.

i can review
1 cloud mining is low return BEP is very long time, and majorit if not new member register can scam or problem
2 if you want self mining buy hardware i think 1000 dollar is not enough

is good you can trade in bitcoin pair fiat money or pair with altcoin

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September 08, 2017, 06:53:29 AM
 #60

$1000 will not give you a good mining tools that can result in good return for your investment as mining is now very expensive. Cloud mining companies on the others hand is good but you will find it very difficult to find a reliable mining company as most of them are scam site. I would advise you to invest your $1000 into altcoins that are currently doing well. Coin like ethereum,  litecoin, and wave are going to be great in future and investing in them now may result in millions of dollars in future.


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