I want to invest 1000 USD into crypto

[Nylelyn]

If I have $1000 on hand, I would rather invest it on buying bitcoin. Upon observation and readings, this is the best time to buy bitcoin while the price is really low but the price will spike definitely by mid or last quarter just like its performance last year.  I have witnessed people made huge income out of trading and I have tried it my self and when the bitcoin price is up, we will all realize that earning profit earning thru bitcoin is fast than mining which requires facilities before you can even start mining.

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[drachman]

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 do not think you can even buy the latest equipment with only a thousand dollars and even if you could it will take forever to recover your money, if you are not serious about mining bitcoin or other cryptocurrencies you will be better by buying a coin directly instead of trying to mine it, and since you seem willing to take risks your best option is to invest in new altcoins or icos.

[Sled]

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 do not think you can even buy the latest equipment with only a thousand dollars and even if you could it will take forever to recover your money, if you are not serious about mining bitcoin or other cryptocurrencies you will be better by buying a coin directly instead of trying to mine it, and since you seem willing to take risks your best option is to invest in new altcoins or icos.

Mining is not good for every people in the cryptocurrency world because it takes a lot of money before you can successfully mine some coin in the market and i think that it is not a good business if you want fast profit and if you are not wealthy enough to wait for a very long time before you get your ROI. It is better to start trading instead of mining.

[Butchick]

I don't have much idea about mining butnit defonitely needs a huge budget. As for me, with such amlunt, i would
Preferably buy some coins and hodl them for long term investment. Bitcoin would definitely own about 40% of the budget and the rest i would invest in in altcoins. Eth, avt, and monero would be perfect for long term investment.

[vovasydorov]

The good idea for this money will be crypto portfolio investment, there are a lot of professionals who can share a trade strategy with you they want usually 20-30 % of income but if its work and they give profitable advises why not?!

[Sled]

I don't have much idea about mining butnit defonitely needs a huge budget. As for me, with such amlunt, i would
Preferably buy some coins and hodl them for long term investment. Bitcoin would definitely own about 40% of the budget and the rest i would invest in in altcoins. Eth, avt, and monero would be perfect for long term investment.

The budget in mining is indeed so expensive and that is not an affordable investment if you only have $1,000 and for me it is also best to just buy some coins in the market and keep holding them for long term and also do some trading for some few of it so you will have a chance to grow your bitcoin into a higher numbers to increase your holdings.

[wuvdoll]

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 do not think you can even buy the latest equipment with only a thousand dollars and even if you could it will take forever to recover your money, if you are not serious about mining bitcoin or other cryptocurrencies you will be better by buying a coin directly instead of trying to mine it, and since you seem willing to take risks your best option is to invest in new altcoins or icos.

Mining is not good for every people in the cryptocurrency world because it takes a lot of money before you can successfully mine some coin in the market and i think that it is not a good business if you want fast profit and if you are not wealthy enough to wait for a very long time before you get your ROI. It is better to start trading instead of mining.

If you do not even have enough cash to put in, mining is not worth it and it is more of a very long term investment, which is even an investment that if not analyzed well can end up getting the investor frustrated and giving up.

$1000 is a small amount to get anything out of mining and unless the OP is just looking to mining some altcoins that are low and hoping that he can get the profit later on in future why he keeps running at loss and not getting anything for now, then he can go ahead, otherwise, he should just invest that cash into bitcoin and any other coins or tokens with prospect.

[Zoel]

The good idea for this money will be crypto portfolio investment, there are a lot of professionals who can share a trade strategy with you they want usually 20-30 % of income but if its work and they give profitable advises why not?!

what is kind of portfolio investment? do you mean following a famous trader or advice? that is can't ensure to make your money is be growing (%).
Just see around, let's talking about what's kind crypto has growing and has profitable on last month? I thought nothing, alt / token be tail of bitcoins were value bitcoin dump then abosutly effect to alt.

[Bitcoinjheta]

The good idea for this money will be crypto portfolio investment, there are a lot of professionals who can share a trade strategy with you they want usually 20-30 % of income but if its work and they give profitable advises why not?!

what is kind of portfolio investment? do you mean following a famous trader or advice? that is can't ensure to make your money is be growing (%).
Just see around, let's talking about what's kind crypto has growing and has profitable on last month? I thought nothing, alt / token be tail of bitcoins were value bitcoin dump then abosutly effect to alt.

Well, i recommend your 1000 USD to a suitable coin invest this is Debitum coin because it has a very low market value as of this time due to a pre sale is on going. This is very profitable with in 2-3 years or more if you do long term investment and short term investment because this is a very hot ICO at this moment.

[drachman]

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 do not think you can even buy the latest equipment with only a thousand dollars and even if you could it will take forever to recover your money, if you are not serious about mining bitcoin or other cryptocurrencies you will be better by buying a coin directly instead of trying to mine it, and since you seem willing to take risks your best option is to invest in new altcoins or icos.

Mining is not good for every people in the cryptocurrency world because it takes a lot of money before you can successfully mine some coin in the market and i think that it is not a good business if you want fast profit and if you are not wealthy enough to wait for a very long time before you get your ROI. It is better to start trading instead of mining.

If you do not even have enough cash to put in, mining is not worth it and it is more of a very long term investment, which is even an investment that if not analyzed well can end up getting the investor frustrated and giving up.

$1000 is a small amount to get anything out of mining and unless the OP is just looking to mining some altcoins that are low and hoping that he can get the profit later on in future why he keeps running at loss and not getting anything for now, then he can go ahead, otherwise, he should just invest that cash into bitcoin and any other coins or tokens with prospect.

This is why I do not think it is a good idea for a newbie to try to mine since the op seems to have no experience in mining and seems to be new to all of this, so mining is probably one of the worse ways to try to make money with cryptocurrencies not because it is not profitable but because there are simply too many things to consider if you want to get profits.

[geopolisch]

The good idea for this money will be crypto portfolio investment, there are a lot of professionals who can share a trade strategy with you they want usually 20-30 % of income but if its work and they give profitable advises why not?!

what is kind of portfolio investment? do you mean following a famous trader or advice? that is can't ensure to make your money is be growing (%).
Just see around, let's talking about what's kind crypto has growing and has profitable on last month? I thought nothing, alt / token be tail of bitcoins were value bitcoin dump then abosutly effect to alt.

Well, i recommend your 1000 USD to a suitable coin invest this is Debitum coin because it has a very low market value as of this time due to a pre sale is on going. This is very profitable with in 2-3 years or more if you do long term investment and short term investment because this is a very hot ICO at this moment.

Investing your money into the world of crypto currency is actually a great idea and it surely help you in having some very good amount of money but for that you need to do lot of hard work. You need to think well before deciding the coin in which you will invest your money and above all you need to have some very good knowledge regarding that particular coin in which you are going to make your investment.

[lagoon88]

I would recommend you divide your investment into two parts, 50 percent for bitcoin and 50 percent for altcoins.

[miltonpogi]

Its good to invest in crypto but be always ready what ever the cause, I prefer to buy coins in a low price and hold it for a while and wait its price to increase, always be updated on a crypto that you go for because most of the coin in crypto has normal flactuating process so its nice if you are familiar with those things.

[AjithBtc]

The good idea for this money will be crypto portfolio investment, there are a lot of professionals who can share a trade strategy with you they want usually 20-30 % of income but if its work and they give profitable advises why not?!

what is kind of portfolio investment? do you mean following a famous trader or advice? that is can't ensure to make your money is be growing (%).
Just see around, let's talking about what's kind crypto has growing and has profitable on last month? I thought nothing, alt / token be tail of bitcoins were value bitcoin dump then abosutly effect to alt.

Well, i recommend your 1000 USD to a suitable coin invest this is Debitum coin because it has a very low market value as of this time due to a pre sale is on going. This is very profitable with in 2-3 years or more if you do long term investment and short term investment because this is a very hot ICO at this moment.

Investing your money into the world of crypto currency is actually a great idea and it surely help you in having some very good amount of money but for that you need to do lot of hard work. You need to think well before deciding the coin in which you will invest your money and above all you need to have some very good knowledge regarding that particular coin in which you are going to make your investment.

Investing into cryptocurrency is a best thing in these day. Right now cryptocurrency is getting spread around the globe with more people making investment into cryptocurrency. $1000 USD is something good for making an initial investment into cryptocurrency. User needs to learn, analyze and then invest into cryptocurrency to get the best earning through the same.

[richkellj]

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 do not think you can even buy the latest equipment with only a thousand dollars and even if you could it will take forever to recover your money, if you are not serious about mining bitcoin or other cryptocurrencies you will be better by buying a coin directly instead of trying to mine it, and since you seem willing to take risks your best option is to invest in new altcoins or icos.

I wonder what some newly investors think when they hear about mining. They probably do think that they will just have a gold miner in their house which will keep generating coins easily and forever without some other factors inclusive? He can still decide to get some fairly used GPU miners to mine some altcoins for the long term benefit, but how about electricity that he is going to pay, where he is going to be putting them, unless he is going to be living with the noise. Better to just get some good projects that are undervalued now, and wait for them to grow than mining.

[Sab11]

Dont try mining, mining is not profitable now a days your profit will go to the bills, invest is good and smart way to make your money double or triple theres a lot of coin good to inbest like bitcoin or eth etc, it up to you, choose wisely.

[jassanpary]

Its good to invest in crypto but be always ready what ever the cause, I prefer to buy coins in a low price and hold it for a while and wait its price to increase, always be updated on a crypto that you go for because most of the coin in crypto has normal flactuating process so its nice if you are familiar with those things.

With the available 1000USD, I prefer to invest in the altcoins because bitcoin is not affordable. Many altcoins with low cap rate are available choose wisely and over a period of time when the price goes up sell that gives very good profit.

[Ilegendph]

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 suggest that you diversify portfolio. Invest your money on cryptos and mine bitcoin or ethereum. I dont suggest cloud mining since most of them are scam. By doing  what I suggest you will minimize the risk that you will hold. Do you own research, in mining I suggest that you use solar panel as main source of energy for the mining device so that the electricity that you will be paying is cheap. For investing in crpyto, I suggest that you still diversify it, invest in ethereum, bitcoin and as much as possible in ICOs but make sure that you thoroughlt did the research so that you can maximize the profit.

[Yurkov]

Dont try mining, mining is not profitable now a days your profit will go to the bills, invest is good and smart way to make your money double or triple theres a lot of coin good to inbest like bitcoin or eth etc, it up to you, choose wisely.

Yes, electricity bills can exceed the value of the investment. Instead, buy a btc for a long term or altcoin, which can give a good profit, like ltc, eth, neo.

[portotoi]

I would recommend you divide your investment into two parts, 50 percent for bitcoin and 50 percent for altcoins.

That is an awesome idea of yours. For me that is best thing to do when you wanted to invest your 1000 USD with the crypto currency. But maybe you should try also investing in the ICO, then try trading with bitcoin and other altcoins like LiteCoin. I think this is good coin also for many investors wanted to invest in.