£500 to spend, on Ether or Bitcoin?

[Pakboy]

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

For me, I can say that bitcoin is more good in investment than all the altcoins. £500 is a enough money to start a long term investment in bitcoin. Bitcoin is very profitable so It is better to invest your money to the bitcoin.

[Ctn]

Off course you should be investing money into bitcoin only. The volatility of which affects the ether price by the way. If you see the trend then you will notice that ether has always gone up and down as the bitcoin has moved up and down. So your invest plenty should go into the coin which is affecting the market and that's bitcoin really. Ether is having low value but less potent to capture the market in short period of time. By the time your ether goes up, the bitcoin would have gone double the current value that's for sure. So I'm thinking its better to get bitcoin though you get small portion of it. That really doesn't matter because when you invest £500 in bitcoin then it's £500 only and when you do the same in ether then also it's £500 only. ;-)

[Trela]

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

For me, I can say that bitcoin is more good in investment than all the altcoins. £500 is a enough money to start a long term investment in bitcoin. Bitcoin is very profitable so It is better to invest your money to the bitcoin.

That's right, before invest into any cryptocurrency on the market, you should spend your money to buy Bitcoin first. Because Bitcoin is the main pair and is the crypto you want to withdrawal your profit from here.

[Duzter]

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

For me, I can say that bitcoin is more good in investment than all the altcoins. £500 is a enough money to start a long term investment in bitcoin. Bitcoin is very profitable so It is better to invest your money to the bitcoin.

That's right, before invest into any cryptocurrency on the market, you should spend your money to buy Bitcoin first. Because Bitcoin is the main pair and is the crypto you want to withdrawal your profit from here.

Though bitcoin has got different pairings with entire digital currency, it's good to invest into bitcoin as well diversify with the one that can be traded for bitcoin without much complications. Also if you are planning for a profit in a much lesser time period it's good to invest with ICO's.

[Surrapatt]

Holding both might be a great alternative. Because they are the leading coins and no need to worry, also the principle of investment is long time. Daily volatility should not affect our attitude in investing.

[mozillaspez]

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.

Look at the market bitcoin is going viral now a days people are coming to invest so as you mentioned about invest so people are investing in decentralized world they will see many best things in their life in a future with bitcoin.

[avp2306]

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

For me, I can say that bitcoin is more good in investment than all the altcoins. £500 is a enough money to start a long term investment in bitcoin. Bitcoin is very profitable so It is better to invest your money to the bitcoin.

That's right, before invest into any cryptocurrency on the market, you should spend your money to buy Bitcoin first. Because Bitcoin is the main pair and is the crypto you want to withdrawal your profit from here.

Though bitcoin has got different pairings with entire digital currency, it's good to invest into bitcoin as well diversify with the one that can be traded for bitcoin without much complications. Also if you are planning for a profit in a much lesser time period it's good to invest with ICO's.

Be more vigilant upon selecting on ICO's since there are so many coins made right now and I can't trust some of them right now And much better if we just invest on bitcoins if we are not sure for this things up and bitcoin can give us some immediate profit but we need to be active for watching its movement and buy whenever the price has dump and sell wherever it pumps.

[Razick]

This might go against the conventional grain here considering we are on BCTalk, but I would suggest going with Ether at the moment. It has so much potential words almost cannot describe it. Just take a second to consider the hundreds of new ICOs that are launching and currently ongoing and all of them rely on Ether (with the exception of a rare few on the Waves platform).

[novhitadaloma]

I advise you to buy Ethereum. Ethereum has a cheaper price than bitcoin. and also the price of ethereum is always going up and we can get abundant profit.

[Sled]

I advise you to buy Ethereum. Ethereum has a cheaper price than bitcoin. and also the price of ethereum is always going up and we can get abundant profit.

Ethereum might be a good choice but you need to consider the level of volatility of ethereum compare to bitcoin and the stability of the price of ethereum compare to bitcoin. Bitcoin has a stronger and more stable market rather than ethereum and ethereum needs a lot of improvements and support in both community and market before it gets close for being a competitor for bitcoin.

[randythered]

I would go with ethereum over bitcoin but I would advise instead to split the 500 and invest maybe 300 in to ether and 200 in to bitcoin. I see Ether pushing up towards 1k within the next year and in the longer term it wouldn't surprise me to see it overtake bitcoin at some point.

[Eugenar]

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

I'd recommend ETH for some reasons such that, the amount that you will invest is somewhat small and won't be making a profit that high unlike in ETH wherein its value is increasing faster than Bitcoin as of this moment. Also, ETH is usually used in ICOs so it will be more profitable as an investment with that amount.

[wilhb81]

My 2 cents suggestion would be - Buy 1 ETH and use the rest of the money to buy as many of Bitcoin as possible 

[kucritt]

i think in that value you can invest it on altcoin that running ICO, you can read the whitepaper and history and roadmap of that coin, if that coin interesting and you sure that will make profit you can invest on it, you can get some jackpot by that coin in shorter term than ether otr bitcoin

[bob3772]

I'd recommend splitting your investment but if I had to pick one I would go for Ether, I think it has more potential for bigger gains.

[SushGo]

I think you should wait for some time, there might be a major correction in the coming weeks - which has been already started. You can split your investment by 60 - 40 %; you can invest 60% in bitcoins and rest in ETH.

[Rahar02]

For long term; I will recommend Bitcoin
For short term; go for ethereum.
Bitcoin could reach higher price than ethereum, even though ethereum could gain more value in % since its price is cheaper but will get dumped so often everytime eth reach certain point, that's why ethereum is a good option for short term investment.
As you've planned to put £100 per month, it will be great to purchase bitcoin to add into your wallet and wait for next year to see how much its growing.

[RodeoX]

You may want to go with what you know. Bitcoin is money, that's easy. ETH are tokens for structuring smart contracts. If you are unable to create smart contracts then ether may not be a good idea because you may not know what you have.

[emezh10]

BTC is so high atm, ?500 wouldn't do much for me. Unless I put the initial ?500 in BTC and added ?100 per month to it?!! But what if the BTC price doubles in a short period that would mean my buy would be peanuts.

So confusing

Bitcoin price for now is high , so if you would choose between ethereum and bitcoin for you to buy you can choose ethereum more because its price have more room to develop and to experience growth. But if you have the the capacity to deal with both currency you could try to buy a portion of ethereum and bitcoin.

[Gozie51]

BTC is so high atm, ?500 wouldn't do much for me. Unless I put the initial ?500 in BTC and added ?100 per month to it?!! But what if the BTC price doubles in a short period that would mean my buy would be peanuts.

So confusing

I suggest you forget about bitcoin because of the capital and you are still considering splitting it further. You can equally make good profit from other coins, so research on promising coins.