I want to invest 1000 USD into crypto

[ToyotaFortuner]

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.

do not ever and be fooled for investing in cloud mining or hyip, because it will make you lose your money, you can invest in bitcoin and altcoin are more secure.

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[Duogembrot]

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.

do not ever and be fooled for investing in cloud mining or hyip, because it will make you lose your money, you can invest in bitcoin and altcoin are more secure.

I agree with this statement you can see the price of all altcoin or bitcoin at https://coinmarketcap.com/, the website is for your reference material to decide you want to invest in what coin, there you can see the cheapest price and see what progress is done developer coin it.

[Tumanggor]

you can try trading first, because to do the mining it costs more than $ 1000, if cloud mining I think it is useless,
you will only receive Bitcoin as much money as you deposit ..

[zeaderza]

Of course buy Ethereum.
Ethereum overturned the world of cryptocurrency and the demand for it is growing every day. By the way, project Estate Coin uses the Ethereum platform, which provides project guarantees and great potential. The project Estate Coin offers a new concept of investment in real estate. Exactly Real estate has a high reliability and liquidity rating. Tokens that are realized within of the ICO campaign will give an opportunity to receive income up to 36% per annum in the crypto currency (in bitcoin or up to 270% in USD, this income can be during the period when mining equipment works). Tokens are provided with real square meters of built residential real estate. More information on the site https://estate-coin.com

Investing into the ETH means that you are risking your 1000USD and all this will lead to the loss because more of the people are unaware of the eth everyone knows about bitcoin because there are 21 million of bitcoin circulating in the world and answer lies here ETH is still unknown and doesn’t gives profit as much high as bitcoin give, bitcoin is king of crypto after all.

[Sled]

Of course buy Ethereum.
Ethereum overturned the world of cryptocurrency and the demand for it is growing every day. By the way, project Estate Coin uses the Ethereum platform, which provides project guarantees and great potential. The project Estate Coin offers a new concept of investment in real estate. Exactly Real estate has a high reliability and liquidity rating. Tokens that are realized within of the ICO campaign will give an opportunity to receive income up to 36% per annum in the crypto currency (in bitcoin or up to 270% in USD, this income can be during the period when mining equipment works). Tokens are provided with real square meters of built residential real estate. More information on the site https://estate-coin.com

Investing into the ETH means that you are risking your 1000USD and all this will lead to the loss because more of the people are unaware of the eth everyone knows about bitcoin because there are 21 million of bitcoin circulating in the world and answer lies here ETH is still unknown and doesn’t gives profit as much high as bitcoin give, bitcoin is king of crypto after all.

But if you still want to invest in ETH then you should diversify or divide your money into different investment so you can have a separated investment aside from bitcoin so if bitcoin goes down and ethereum is going up then it is a balanced investment because you will lose some money in bitcoin because of the dumping stage but ethereum will help you to go up again in your portfolio's balance.

[lordquanta]

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.

Current price of Antminer S9 is around 3000 USD, next the Antminer R4 which comes around 1000 USD, rest are based on there efficiency n has power varies from 1000 USD to 150 usd. If you have the experience with the mining already then you might have known that the electricity prices for mining are very crucial when it comes to the mining profit. The complexity is considerably higher. Thus With 1000 USD for investment, it is better to buy some coins and HODL for long time.
About the cloud mining, every sane person from bitcoin world would be like: ALWAY STAY AWAY FROM CLOUD MINING. sorry for capital letters. many of the cloud mining are simply scams and nothing else. Those who are genuine cloud mining services yield very less profit. Thus buy and HODL.

[kimochidesh]

I don't think mining would be a good idea as the hash rate in mining BTC is quite high and it needs more than 1000 bucks to invest to get a reasonable return on your investment. So Best way is to buy and trade BTC or Etherium to get best return for your investment.

[cioloxl]

If you wanna play the long game in the safest way possible, I'd suggest going bitcoin and/or ether. You won't get rich but you'll, at the very least, double your initial investment.

[aeternus]

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.

Discard cloudmining it does not work and you are going to lose your money and your time, now mining requires a lot of effort and you will need to join a pool and I have not look at the prices recently but that does not seem to be enough to buy the latest miners, so if I were you I will buy some altcoins instead.

[d1ceplayer]

you can try trading first, because to do the mining it costs more than $ 1000, if cloud mining I think it is useless,
you will only receive Bitcoin as much money as you deposit ..

Some of the people use to start the investment from the trading and they believe that some day they will make the high amount of the money but for me it is not the time to buy the bitcoin it is the time to hold your present bitcoin for the long time and to get the profit instead of being a part of the bitcoin trading and then loss the money because as much as I know the bitcoin trading is quite risky.

[aeternus]

Of course buy Ethereum.
Ethereum overturned the world of cryptocurrency and the demand for it is growing every day. By the way, project Estate Coin uses the Ethereum platform, which provides project guarantees and great potential. The project Estate Coin offers a new concept of investment in real estate. Exactly Real estate has a high reliability and liquidity rating. Tokens that are realized within of the ICO campaign will give an opportunity to receive income up to 36% per annum in the crypto currency (in bitcoin or up to 270% in USD, this income can be during the period when mining equipment works). Tokens are provided with real square meters of built residential real estate. More information on the site https://estate-coin.com

Investing into the ETH means that you are risking your 1000USD and all this will lead to the loss because more of the people are unaware of the eth everyone knows about bitcoin because there are 21 million of bitcoin circulating in the world and answer lies here ETH is still unknown and doesn’t gives profit as much high as bitcoin give, bitcoin is king of crypto after all.

Ethereum is still a good project but right now everyone eyes are set on bitcoin and with good reason since it is still going up, I think right now is a good moment to invest in ETH since it is very cheap, it is true that most alts are crashing at the moment but you must remember that is not going to last forever and at same point the alts are going to recover some ground.

[abstractednerve]

Bitcoin price is too high now but still you can afford to invest half of it in bitcoin and rest in altcoins like ethereum, waves and monero as the price of altcoins keeps on fluctuating regularly you will be making good profits at regular intervals and when price of bitcoins goes higher you can sell it at higher profits.

[masterchief001]

Bitcoin price is too high now but still you can afford to invest half of it in bitcoin and rest in altcoins like ethereum, waves and monero as the price of altcoins keeps on fluctuating regularly you will be making good profits at regular intervals and when price of bitcoins goes higher you can sell it at higher profits.

Of course, although bitcoin is the best option for investment, it has a tremendous value, which forces investors to have a huge amount of capital if they want to make a quick profit. Instead, investing in altcoin will generate profits faster, though it depends on luck.

[marseille]

Bitcoin price is too high now but still you can afford to invest half of it in bitcoin and rest in altcoins like ethereum, waves and monero as the price of altcoins keeps on fluctuating regularly you will be making good profits at regular intervals and when price of bitcoins goes higher you can sell it at higher profits.

Of course, although bitcoin is the best option for investment, it has a tremendous value, which forces investors to have a huge amount of capital if they want to make a quick profit. Instead, investing in altcoin will generate profits faster, though it depends on luck.

In trading you cannot depend on luck every time to make profits and if you are doing so then you are actually gambling with your money but if you have good knowledge about the altcoins then you can make much more profits in compare to what you will be making by investing in bitcoins.

[McKane]

Bitcoin price is too high now but still you can afford to invest half of it in bitcoin and rest in altcoins like ethereum, waves and monero as the price of altcoins keeps on fluctuating regularly you will be making good profits at regular intervals and when price of bitcoins goes higher you can sell it at higher profits.

Of course, although bitcoin is the best option for investment, it has a tremendous value, which forces investors to have a huge amount of capital if they want to make a quick profit. Instead, investing in altcoin will generate profits faster, though it depends on luck.

In trading you cannot depend on luck every time to make profits and if you are doing so then you are actually gambling with your money but if you have good knowledge about the altcoins then you can make much more profits in compare to what you will be making by investing in bitcoins.

if you are talking about bitcoin then you are totally wrong because bitcoin give you much profit as compare to another crpyto world if you are investing into wrong altcoin you will lose your money if you are investing into bitcoin you will earn a lot of money. So it's better to go for bitcoin instead going for other. If you are comparing ETH with bitcoin then you are right somehow because it is most 2nd demand crpyto currency while other are not that much.

[theblack_cat]

you may be suited to investing in dogecoin because the price is decreasing now and it
 becomes an opportunity to invest and benefit from it

[aeternus]

you can try trading first, because to do the mining it costs more than $ 1000, if cloud mining I think it is useless,
you will only receive Bitcoin as much money as you deposit ..

Doing all of those things requires capital, knowledge skill and experience, trading is one of the preferred methods to make your holdings of bitcoin grow but most people that trade lose money at the beginning and if they never learn how to read charts and technical knowledge like that, they are going to keep losing.

[dameh2100]

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 have $ 1000, try to trade but you need to study it first because it's very risky. But there's no problem with this because you just say there is no problem if you lose $ 1000. It's also very important in trading, dont invest money that you can not afford to lose, that's a very important aspect in trading.

[Portia12]

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 have that money i will build a mining computer to have more bitcoin. When i get more profit i will upgrade or buy more mining cards for computer to have massive income

[Sadlife]

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.