£500 to spend, on Ether or Bitcoin?

[crairezx20]

Hi All,

I have just over £500 to spend and I'm not sure where I should be investing this.

Do I buy a small fraction of a bitcoin or buy 2 ethers?

What would you do?

I'm looking for some long term investment.

Also, i'm hoping to contribute £100 per month towards either one but not sure which direction I should be taking.


Many Thanks

Why not both? Bitcoin and ETH are close contenders and both are excellent choice for future investment as well. So I would suggest you to split up your total invest-able money and buy into both bitcoin and ETH. If you are thinking about long term investment, then nothing like it! Also I suggest you to split up your monthly investment of 100 Euro in to two parts and invest in to both. This way you will be able to average out your investment price.

I am doing the same thing. Even though I started in bitcoin since a long time now, but recently started with ETH. I am putting 70% in to bitcoin and rest 30% of the monthly amount in to ETH now. Based on the market dynamics, I may change the percentage but that looks good as of now.

That is good idea but for me it is not a good idea to invest both if you are wanted to be safe and hold your bitcoin for a long time for better investment you should choose only invest in bitcoin because the movement compare ethereum and bitcoin is different. as you can seen the movement of the price of bitcoin is more high than the movement of ethereum for a longer period of time..
So the best choice to invest is bitcoin ..

[Carlsen]

I would split it as well.
Maybe 25% ether and 75% bitcoin. Ether seems to be cheaper at the moment than bitcoin, but we live in uncertain times.
That is why the bigger parte of money would go into the more stable currency at the moment.

[Ch1bi]

I would go all in with Bitcoin. Sure it's usually not advised to go all in with one coin, but Bitcoin is valued much more. The price is down now but it'll go back up. When the price rises you could always use the profit gained and put that into other Ether.

[shursight]

Ethereum was $220 a few days ago, and now it is $290 aproximately, it is about 35% - 40% in a few days.. I think it is growing more faster than bitcoin, and it has a lot of potential to keep growing more until the end of this year, probably ethereum is going to go to $500 by december, so it is more than 100% if you buy right now. Maybe bitcoin can go to $6000 to, but ether is giving more profits.

[BingoDog]

I would split that some and invest in both. Bitcoin is always good investment and you can't go wrong with that but ETH is also perspective coin worth investing. Still the larger amount I would invest in bitcoin and the smaller in Ethereum, let's say 75:25 ratio in favour of bitcoin.

[fiulpro]

Hey why don't you do 50-50 for both
In that ase ypu will be able to invest in 2 diverse things at the same time..that will for sure benifit you for the long run... Its anyways good if one goes down and the other goes up you won't loose that much that you were about to loose in.. deflation ...

[hawkins]

etherium is very good. but, now bitcoin is under $ 4000, and it could be a good thing to buy bitcoin for now. rising and falling bitcoin prices are also very good lately. it could be an advantage in the short term

[allthingsluxury]

Bitcoin should drop down towards its support level, so it might have a little further to go yet. Does hurt to watch the charts for a few days.

[serjent05]

I would suggest to spend it on Ether.  Buying ether will have a possibility to increase your holdings at least twice.  That is if ether goes up and at the same time Bitcoin goes up.  Or an equalizer such as when ether goes down but bitcoin goes up or vice versa.  You have more chance of gaining profit if you buy Ether, that is 25% gain 50% stale and 25% lose.  Aside from that Ether is pretty solid investment too since this token have huge community and several developments to come.

[Hoganye]

I would split that some and invest in both. Bitcoin is always good investment and you can't go wrong with that but ETH is also perspective coin worth investing. Still the larger amount I would invest in bitcoin and the smaller in Ethereum, let's say 75:25 ratio in favour of bitcoin.

Yeah, both are good, invest to Bitcoin will need you wait in a long term to take profit. But Ethereum can helps you earn profit in short term, that is an interesting point make me like altcoin market.

[player514]

Hi All,

I have just over £500 to spend and I'm not sure where I should be investing this.

Do I buy a small fraction of a bitcoin or buy 2 ethers?

What would you do?

I'm looking for some long term investment.

Also, i'm hoping to contribute £100 per month towards either one but not sure which direction I should be taking.


Many Thanks

Do some research in coming altcoins. You can maybe even catch a legitimate ICO that is promising. One that I have recently seen is EnjinCoin, which has a huge base in terms of all gamers across the world. 500$ may not seem like a lot, but it depends on where you invest and what you make out of it. Currently, putting into Bitcoin might not do you much good.

[xaxistech]

Yeah, why dont you diversify it on another altcoins? it is plenty of them, you can search for any altcoin that is under $0,10 - $1 and it will give you a lot of profits. 0xproject is a good coin for short term, i am going to buy some in the next days. I have some Ark right now, and this is the coin that most money gave to me , since i bought them at $1,20 each one

[brta]

I would go 35 % BTC, 25 % LTC , 20 % ETH and 20 % Waves.

[Nasty23]

Hi All,

I have just over £500 to spend and I'm not sure where I should be investing this.

Do I buy a small fraction of a bitcoin or buy 2 ethers?

What would you do?

I'm looking for some long term investment.

Also, i'm hoping to contribute £100 per month towards either one but not sure which direction I should be taking.


Many Thanks

Do some research in coming altcoins. You can maybe even catch a legitimate ICO that is promising. One that I have recently seen is EnjinCoin, which has a huge base in terms of all gamers across the world. 500$ may not seem like a lot, but it depends on where you invest and what you make out of it. Currently, putting into Bitcoin might not do you much good.

Yes do some research because there are many coins now that have a potential to grow and give a big profit. It is good to invest in altcoins now because some of the altcoins have not done yet discover but can cause a big profit.

[batang_bitcoin]

Hi All,

I have just over £500 to spend and I'm not sure where I should be investing this.

Do I buy a small fraction of a bitcoin or buy 2 ethers?

What would you do?

I'm looking for some long term investment.

Also, i'm hoping to contribute £100 per month towards either one but not sure which direction I should be taking.


Many Thanks

Frankly speaking, I would invest all of that amount in bitcoin only. The price of bitcoin now was down by $200 so it's a good time to buy back some at the moment. But if you don't want bitcoin only or you aren't comfortable by investing that amount wholly in bitcoin, then you can invest 80% in bitcoin and 20% in eth. You can do the adjustments, try to learn and do some research on what will make you comfortable with the percentage.

[xuan87]

I will still suggest Bitcoin, ethereum is a good coin but the price keep on up and down, Bitcoin also up and down but in the end it can go up and create a new bottom price, and it is small chance to earn 100£ with 500£, it is not that easy to be able to gained profit that big, even if you are a professional trader it still difficult to keep on earning profit

[rafter_01]

I will still suggest Bitcoin, ethereum is a good coin but the price keep on up and down, Bitcoin also up and down but in the end it can go up and create a new bottom price, and it is small chance to earn 100£ with 500£, it is not that easy to be able to gained profit that big, even if you are a professional trader it still difficult to keep on earning profit

hi,

tbh my small investments are for the long run so not too fussed what the profit is now. I'm hoping my altcoins do well.

If it does become true that bitcoin price rockets my £500 plus the extra per month i contribute will give me a decent amount in future.

Cheers

[MrJacobus]

I don't think you will get a lot of bitcoin with just 500 so i think it is better to invest them in ether so you can make profit out of that and sell that for bitcoins because actually everything comes great out for bitcoin.

[ZedMain]

I would go 35 % BTC, 25 % LTC , 20 % ETH and 20 % Waves.

Yes investing in LTC is a smart one Litecoin has the potential to rise very high and double his value. I have already invested in LTC, but not in ETH Im just waiting to sell LTC for a good price and then i will invest in it. Bitcoin is also a good coin to invest if bitcoin is really falling high we should buy coins, because bitcoin is every time rising and falling.

[rafter_01]

bitcoin is down to £2800, you reckon a nice time to invest the £500 now?