newby1989Jona (OP)
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September 11, 2017, 07:35:12 PM |
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How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
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gentlemand
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Welt Am Draht
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September 11, 2017, 07:40:39 PM |
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What percentage of your weekly wage or net worth are you willing to kiss goodbye? That's the only metric that counts really. I started off with a couple of hundred quid and then went from there.
Are you looking for long term gains or do you want to get out rapidly with some profit?
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newby1989Jona (OP)
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September 11, 2017, 07:42:17 PM |
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Either to be honest. I just don't want to put in 100 a month to wake up 1 morning to find rates have massively dropped
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949miner
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Stake & Vote or Become a IoTeX Delegate!
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September 11, 2017, 07:48:20 PM |
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What are you talking about? investing in where? you should need to be more specific in what you are talking about.. And those replies you had... If you are talking about cryptos, then invest most as you can afford to lose.. $50 is a very low amount, but if that is the most that you can afford it is ok, but you will need bitcoin to go up by $1000 to make a profit of $10.
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gentlemand
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September 11, 2017, 07:52:18 PM |
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Either to be honest. I just don't want to put in 100 a month to wake up 1 morning to find rates have massively dropped
If that's going to cause you sadness then you shouldn't put a penny in. It could happen at any moment. People who put money in at the end of 2013 had to wait over three years to break even. There's a lot of risk however you want to look at it. Everyone here's taking it and that's why the rewards are potentially very high or non existent.
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alloy_token
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September 11, 2017, 07:54:21 PM |
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Most projects nowadays ask for 1 ETH as minimum investment, so anywhere upwards of 1ETH ~ 340 USD is a good number.
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Aratatat
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September 11, 2017, 08:26:22 PM |
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Buy in little by little with perhaps $50 per week until you reach the maximum you feel comfortable with. You will not gain so much, but it will also soften the price drops.
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boyptc
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September 11, 2017, 08:32:13 PM |
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How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
It depends on how much I've got in my spare but 50 is a good amount to enter or you just want to try it first. And if you are comfortable that you can get more profit, that's the time to add some more. Either to be honest. I just don't want to put in 100 a month to wake up 1 morning to find rates have massively dropped
Nah, just hold if that happens when you wake up.
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_Dawid_
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September 11, 2017, 08:36:21 PM |
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1)As first amount I would recommend you 50$, or pounds/euros. Because you must become acquainted to stock, market, wallets, community and stuff like that. After that you can invest more if you still want and follow next step.
2)Research The diversification is very important. As someone said before you must firstly decide and pick the type of coins you want to invest in. Take notice for things like: -time, how long you can freeze your assets -how many $ you want make -how much you can risk (it is connected to kind of coins) -rapid or long term porfit
Think that informations out, because in my opinion the most important things in your to do list.
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newby1989Jona (OP)
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September 11, 2017, 08:45:34 PM |
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I will go for 50 just for fun. If I loose it then so be it.
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Beerwizzard
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September 11, 2017, 08:49:50 PM |
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If your just want ty try yourself in cryptoinvestment then the amount doesen't really matter. For the first time you can take even 20$ and start traiding. When you will make for example extra 70% of your first deposit you can add more serious amounts of your money. It seems tobe the safest way.
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guclu
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September 11, 2017, 08:51:03 PM |
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There was a topic of this guy who started out with $10k and showed his investments in coins as percentages and we'd see where it would come in the end. Last I checked, it was around $90k... So apparently that guy made the right choices. Now similarly, you could also make your $50 become $450... But would that really make you happy? If you think about it, you multiplied your money by 9... but if you think about it over, you just have 450bucks... You could earn a hell lot more if you invested more. But you also could lose that much more. So as the first guy who replied asks; what are you willing to kiss goodbye?
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newby1989Jona (OP)
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September 11, 2017, 08:58:43 PM |
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300 sounds good stored in blockchain online wallet.
I'm going for it.
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Rub3n
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September 11, 2017, 09:07:54 PM |
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How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
25% of your personal assets, for sure
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gentlemand
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Welt Am Draht
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September 11, 2017, 09:14:56 PM |
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25% of your personal assets, for sure
That's an exceedingly silly suggestion indeed. No one should start off at that level, or ever reach that level of investment. I think people are getting a little too comfortable with the seemingly inevitable rise of crypto. Nothing's that easy and at some point it's going to remind us of that in a rather alarming manner.
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janggernaut
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September 11, 2017, 11:01:01 PM |
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How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
Is it investment only in a coin or total our starting investment? I would go $50 as starting amount investment in a coin, lower than that i believe you won't get big profit. If you meant how much total our investment to start a investment, i would go like $1000, so in a coin you only put 5% from your total investment
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iyan33
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September 11, 2017, 11:03:05 PM |
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25% of your personal assets, for sure
That's an exceedingly silly suggestion indeed. No one should start off at that level, or ever reach that level of investment. I think people are getting a little too comfortable with the seemingly inevitable rise of crypto. Nothing's that easy and at some point it's going to remind us of that in a rather alarming manner. Maybe with such an investment would have a high risk if we do not have experience and knowledge about the investment, and of course it must be considered to anticipate the losses that will be caused from the investment.
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Vasilije69
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September 12, 2017, 01:01:26 AM |
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It's up to you. Calculate how much money you earn and how much of them are you willing to give away. Whatever you do, don't be worried about it, because you ain't making a bad move.
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Jannn
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September 12, 2017, 01:04:39 AM |
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How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
In investing you must know how much you can afford for ( like your spare money ) , but £300 is a good start
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aardvark15
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September 12, 2017, 01:26:04 AM |
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How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
You really need to base you investment amount on what you can afford to set aside. Remember that Bitcoin and other cryptocurrencies are high risk investments. You should only invest disposable funds. You also should be willing to hold that money in that investment for a long period of time in order to ensure that it pays off. I also recommend that you diversify your investment to lower risk as much as possible.
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