£500 to spend, on Ether or Bitcoin?

[Wicked17]

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

its better if you try another altcoin with a potential to rise its value in the future. In my trading account , i am holding monaco coin, monero, bitconnect and waves. Im planning to add more altcoins to my list if i get some extra funds. And if you are going to buy some coins, just go for a long term investment

[rafter_01]

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

its better if you try another altcoin with a potential to rise its value in the future. In my trading account , i am holding monaco coin, monero, bitconnect and waves. Im planning to add more altcoins to my list if i get some extra funds. And if you are going to buy some coins, just go for a long term investment

I have investments in 6 altcoins so far. Rip, XVG, Doge, IOTA, XEM and Sia. I will be getting more maybe Waves or some NEO.

[beerlover]

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.

Ethereum seems to be quite alright as of now, but based on the stories I have heard of it, I wouldn’t be Investing in such. Bitcoin was the first, and also the most trusted, so I would say you keep calm and keep that £500 somewhere safe and wait for Bitcoin price to fall, possibly on November, then you invest it and make profit.

[VegaAISolutions]

it's my opinion that you should split it between them, they're both poised to rise right now and are both poised to be rising for the next year at the very least regardless of what happens in the financial climate. if you have the spare money to invest invest immediately and there's absolutely nothing wrong with a diverse portfolio, in fact you might even want to put a little bit into Ripple and dash but hey that's just one speculators advice. between the two you chose I think any serious investors response is hedge your bets.

[GreenBits]

it's my opinion that you should split it between them, they're both poised to rise right now and are both poised to be rising for the next year at the very least regardless of what happens in the financial climate. if you have the spare money to invest invest immediately and there's absolutely nothing wrong with a diverse portfolio, in fact you might even want to put a little bit into Ripple and dash but hey that's just one speculators advice. between the two you chose I think any serious investors response is hedge your bets.

i would consider a percent split as well, but i would favor eth in the percentage. it seems like there is simply more upside for eth to move, considering the current price of bitcoin. we saw bitcoin move from tenths of a cent, to multiple thousands of dollars. given how much innovation there is in the eth sphere, they should have no problem reaching the same price levels, eventually.

[Sithara007]

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

Depends on whether you are planning for short-term or long-term investment. If you are considering an investment of the latter type, then Bitcoins are perfectly safe. But regarding short-term investments, I have my doubts. There is a good chance that Bitcoin can go below £2,000 per coin in the short-term. So I would refrain from purchasing either BTC or ETH if I am considering short-term investment.

[BitcoinExpart]

I love Ethereum. Diversification is key. However, if you want to keep one currency between the two, play safe and go with BTC. Try to do your own research.

[sukamasoto]

I love Ethereum. Diversification is key. However, if you want to keep one currency between the two, play safe and go with BTC. Try to do your own research.

ETH is great site but bitcoin is better !
It's depend on your trust whenever you trust ETH or btc since anything can happen. For example : ETH being used by microsoft , bitcoin being legalized on Japan and South Korea

[babygun]

Split your money! Never put all your eggs in one basket.
I would split it 50/50 in bitcoin and ethereum, or maybe invest also a bit in some altcoins like litecoin, monero. Try to build a nice and varied portfolio with different coins

[dmamigo]

If you want to risk a bit Put 65-70% in Ethereum as it can jump in the coming year, Bitcoin will also rise, but it might take another dip in the near future.
Also it would be much better if you don't restrict to only this two coins, better to diversify more, it does lowers the risk in great way and also increases the chance of getting more profit.

[xFiber]

I would just buy your fraction of bitcoin (it doesn't matter if it's 'just' a fraction) and place some cheap buy orders for ether if you really want ether. Bitcoin has dropped quite a bit so it's a good opportunity right now, don't get me wrong though it might drop more but long term $3800 is a very good entry point.

[bitcointarget]

Split your money! Never put all your eggs in one basket.
I would split it 50/50 in bitcoin and ethereum, or maybe invest also a bit in some altcoins like litecoin, monero. Try to build a nice and varied portfolio with different coins

I followed this idea before 1 August bitcoin split. I used have all bitcoins, and I splitted them into altcoins. And this made me 40% loss. I will never give up from bitcoin anymore. Only strong one in the market!

[VegaAISolutions]

it's my opinion that you should split it between them, they're both poised to rise right now and are both poised to be rising for the next year at the very least regardless of what happens in the financial climate. if you have the spare money to invest invest immediately and there's absolutely nothing wrong with a diverse portfolio, in fact you might even want to put a little bit into Ripple and dash but hey that's just one speculators advice. between the two you chose I think any serious investors response is hedge your bets.

i would consider a percent split as well, but i would favor eth in the percentage. it seems like there is simply more upside for eth to move, considering the current price of bitcoin. we saw bitcoin move from tenths of a cent, to multiple thousands of dollars. given how much innovation there is in the eth sphere, they should have no problem reaching the same price levels, eventually.

to be honest with you I'm inclined to agree, there's no reason Bitcoin couldn't suddenly Spike overnight but a smaller investment into etherium would yield much higher for such an event. Sound Advice by any means my friend.

[wareen]

Split your money! Never put all your eggs in one basket.
I would split it 50/50 in bitcoin and ethereum, or maybe invest also a bit in some altcoins like litecoin, monero. Try to build a nice and varied portfolio with different coins

I followed this idea before 1 August bitcoin split. I used have all bitcoins, and I splitted them into altcoins. And this made me 40% loss. I will never give up from bitcoin anymore. Only strong one in the market!

Ok thank you! You had gave me a chance to buy altcoins and the whales also love that. They want to create a doubt the price of altcoins on the market. But not easy to make all traders change their opinion, that is reason they need to dump altcoins to low in a long time.

[diagla]

I would not invest in Ether right now. With all the bans and China news it can't be good for ETH. Historically, Ether has been the ICO coin and that's why it blew up so much. With tons of these ICOs becoming cracked down on it's not a good idea to invest.

[ricardobs]

I will advise you to focus on your real job for full time and then use the rest of the time you have after work to focus on bitcoin, than quit your job and focus fully on bitcoin. Signature campaign is not a job you work as full time, it’s just part-time.

[bettercrypto]

I love Ethereum. Diversification is key. However, if you want to keep one currency between the two, play safe and go with BTC. Try to do your own research.

ETH is great site but bitcoin is better !
It's depend on your trust whenever you trust ETH or btc since anything can happen. For example : ETH being used by microsoft , bitcoin being legalized on Japan and South Korea

I agree that Bitcoin is better but with the calculation of dollar  growth, since this is an investment, I believe investing in ETH is better.  I am positive that ETH and Bitcoin will incline in value and having both of this cryptocurrency increasing in price value, it is best to invest in ETH then when time come that we have to convert it, converting it to bitcoin first then to fiat will give us more profit.

[Sled]

Spend it on bitcoin because bitcoin has a strong market and it has a lot of supporters so you will not have any problem for keeping bitcoin for a lot of years because you will feel comfortable because of its stable and strong market and i think that because of bitcoin you can grow that 500 into 2000 if you will just be patient in holding bitcoin.

[bubblebit]

From my point of view I will consider if that investment is worth the risk and if I can profit a lot from it. So I'm referring to bitcoin as the ultimate choice for cryptocurrency investments. Ethereum might be a good competition to btc but still it can't replace bitcoin on its place even with a smaller transaction fees is given. So just invest it all to bitcoin worth of £500.

[UsernameBitcoin]

If you have money to spend on either Bitcoin or Ether it is Bitcoin by a long shot. It is sound money and in the process of replacing the dollar, whereas ETH is being used for speculation.