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Author Topic: How to invest $2k - $3k  (Read 682 times)
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November 08, 2017, 12:44:58 PM
 #21

I would recommend you to stay away from ICOS with that price range, especially because the last few ones have been very disappointing from a ROI perspective. With that out of the way, i'd go for something like 50% Bitcoin+Ethereum and 50% in some promising alts - i'll leave the research up to you, don't listen to troll shills for this.

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November 08, 2017, 12:47:02 PM
 #22

My first advice to you is use money only that you can afford to lose, because it always risky invest or trade. I think best way for you just hold btc for a year or more, it's not so risky and you won't lose all of your money.
If you have the patience to keep the asset as it is, then it's good to buy and hold considering it a long term investment. Surely users will be profited. If not, if you are good in learning invest a small amount into trading and the rest in bitcoin. The learning you get will help you further to make better earning through trading when you increase the capital.

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November 08, 2017, 12:51:46 PM
 #23

Are you planning on daytrading or just holding for a planned amount of time? If i were you i would take a look at the top 25 coins and research their websites/whitepapers/communities and pick 4 or 5 and spread my money on those. Don't go all in on one coin but don't spread yourself too thin either.

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November 08, 2017, 12:58:44 PM
 #24

find no scam ICO or invest to coins what you like
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November 08, 2017, 01:11:07 PM
 #25

It  looks like 2-3$k is not enough for traditional investment but it is a good starting point for speculations (including crypto), also remember that it is pretty dangerous and require some decent skills. First of all I would recommend you just to read about different alts and tokens and try yourself with like 0.01 BTC. For now day trading seemt to be the only good choice because BTC is at its top  ho holding coins for a long time might be dangerous.

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November 08, 2017, 01:17:14 PM
 #26

It's the perfect time to invest. If you are going to invest 3k then do it in max 4 curencies and hold for a year or two. Look at ARK,BMC,ONION,OMG,BCH and MOD.

Good luck with your investment.

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November 08, 2017, 01:18:33 PM
 #27

Between eth and litecoin i would choose eth , because it can be used for a lot of things.
I would advise you to do very good research as it is a lot of money , most people will come here and tell you to buy the coin they are holding.
When you have a idea of a couple of coins you like then do some research , read the topic , website , whitepaper etc.
I choice BTC, LTC and ETH for my invest! Because this is the best coin in this year and next year for me! I thinks so


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November 08, 2017, 01:23:25 PM
 #28

Invest in time and research and when you're ready to pull the trigger, go all in on one coin and hope for the best.  Tongue
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November 08, 2017, 01:25:14 PM
 #29

Hello,

I am new to this forum and to the world of cryptocurrency. The volume of threads here is overwhelming and I think it will definitely take time for me to absorb key information here.

I have a quick question. I am a newbie to all this so please pardon me if this sounds silly question.

I have $2k-$3k to invest into cryptocurrency. I am not looking to become a millionaire out of my investment. My goal is to earn enough money to achieve my goal of about $50k (for my mortgage payment). There are so many ICO's out there and it is quite a challenge to find the right one. I have an account in coinbase and I bought 1 Litecoin for the sake of it (just to get started).

I am thinking I could invest some in Litecoin/Ethereum and probably some money once a blockchain goes live. I don't feel comfortable investing in ICO because I don't know what will happen when it goes live in exchange. If you need to chose between Litecoin and Ethereum, what would you recommend?

Thanks!

most coins are just a worse form of casino play, you earn money from market propaganda and other investors, you have systematic loss through the sell of the premine by the issuers,

or through the crazy tulpmania of bitcoin, which will in the end slaughter the money of many and millions will disappear, making the cryptoindustry rich only

best reason to invest is, because you seek to hedge risks

regards

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November 08, 2017, 01:30:32 PM
 #30

It  looks like 2-3$k is not enough for traditional investment but it is a good starting point for speculations (including crypto), also remember that it is pretty dangerous and require some decent skills. First of all I would recommend you just to read about different alts and tokens and try yourself with like 0.01 BTC. For now day trading seemt to be the only good choice because BTC is at its top  ho holding coins for a long time might be dangerous.
if you have that kind of money then it is good for you , invest it in new ico there will be a half price of sometimes then buy it if you see a potential on it and it is good to buy that because you will get a big discount on it once you avail it early.

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November 08, 2017, 01:36:34 PM
 #31

I would recommend you to stay away from ICOS with that price range, especially because the last few ones have been very disappointing from a ROI perspective. With that out of the way, i'd go for something like 50% Bitcoin+Ethereum and 50% in some promising alts - i'll leave the research up to you, don't listen to troll shills for this.

I'd second that. ICOs often have a huge dump as soon as they hit exchanges, and even the best projects have an initial dip. I'd say 50% bitcoin, 30% Eth, 20% promising alts. But don't spread yourself too thinly - it is hard to keep track of lots of coins, much easier if you are just following the news for bitcoin and eth.
Most important advice is a) understand that bitcoin movements influence every other coin hugely, b) do your own research for everything, and c) make reasoned decisions, not panicked ones in response to market movement.

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November 08, 2017, 01:49:48 PM
 #32

Hello,

I am new to this forum and to the world of cryptocurrency. The volume of threads here is overwhelming and I think it will definitely take time for me to absorb key information here.

I have a quick question. I am a newbie to all this so please pardon me if this sounds silly question.

I have $2k-$3k to invest into cryptocurrency. I am not looking to become a millionaire out of my investment. My goal is to earn enough money to achieve my goal of about $50k (for my mortgage payment). There are so many ICO's out there and it is quite a challenge to find the right one. I have an account in coinbase and I bought 1 Litecoin for the sake of it (just to get started).

I am thinking I could invest some in Litecoin/Ethereum and probably some money once a blockchain goes live. I don't feel comfortable investing in ICO because I don't know what will happen when it goes live in exchange. If you need to chose between Litecoin and Ethereum, what would you recommend?

Thanks!
Well if you choose between Litecoin and Ethereum, then I would have chosen Litecoin, but I doubt that you will earn 50,000 dollars on them

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November 08, 2017, 01:50:09 PM
 #33

Timing is everything.
I strongly believe in the passive income (DPOS/Dividend). So I would say:
- RISE
- NEO
- LISK
- ARK
- ASCH

I believe they will gain profit a lot the upcoming years. And even if they stay stabile; you gain money by getting dividend.

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November 08, 2017, 02:25:24 PM
 #34

I would not advise now to participate in the IKO, now there are too many bad teams who take their money and disappear. In your place, I would now pay attention to the altcoins that are currently in a very strong correction. Look at the stratis, waves , wings, gup.

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November 08, 2017, 02:38:57 PM
 #35

Investing in Altcoins is the best thing we can do right now. As the fork is near the Altcoins have reached its bottom.
This might be a good opportunity to dip in. ETH, XMR, NEO, OMG, LTC, XRP etc... are some good coins which can give good profit in future.
Altcoins have a strong chance to rise in the next few months. Diversify the portfolio to stay safe and secure.
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November 08, 2017, 02:43:48 PM
 #36

It is very hard to find where to start investing in cryptocurrencies. You need to try hard learning by yourself for best investment I suppose. Our suggestions are just suggestions. I would buy ethereum with my first money.

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November 08, 2017, 02:47:08 PM
 #37

Right now BTC is too high, my recommendation is buying some ALTs that you trust, after some research, and sell them when BTC price get lower. Then keep your money in BTC for the long term investment, because its price goes more and more.

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November 08, 2017, 02:48:21 PM
 #38

Ethereum (ETH) is much cheaper than bitcoin, a good choice and opportunity to invest with your money.  
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November 08, 2017, 02:56:22 PM
 #39

I would spend $3k in few different coin rather than one. It always wise to invest and diversity.

1. 30% BTC
2. 10% OMG
3. 10% Lumens
4. 10% Cardano
5. 10% Ripple
6. 10% Tenx
7. 10% VTC
8. 10% GRS

That would be my portfolio Smiley good luck
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November 08, 2017, 02:56:43 PM
 #40

You are in the altcoin section and that means bitcoin is not an option for you? Why? Ask one here if they dont have at least some bitcoin in their wallets. I doubt someone will answer no.
Once you are an established member here, bitcoin will always pop up to every conversation. Though I respect your choice.
ETH is a good choice but fluctuations come like 10-20 dollars everyday as I monitor it. Up 20 then back down 10 or more. Then you would need to be always there so that you wont be late to trade. Maybe in months you could come up with that 50k you are working for.

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chain















.B L O C K C H A I N  based......
.D E C E N T R A L I Z E D  data
.Trade S E R V I C E...................
..TOKEN  S A L E.......
......is LIVE........
..What is      D  a   t   a   X   c   h   a   i   n ?         
.
...DataXchain...provides a tailored-matching service
..........................between Data Owner and Data User with
..........................our unique “Intelligent Matching Engine (IME)”
LEARN..
.MORE..........
....F O L L O W........
..US...............................
.
.....WHITEPAPER.......
.TELEGRAM........
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.TWITTER.....
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.FACEBOOK.....
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