Support a cryptocurrency with little money. Worth it anyway?

[BabelZZ]

I have few project that I really enjoy.
Monero, Ethereum and Raiden Network above all.
I don't have a lot of money so my investment will be not so important for the teams.
I don't really care for profit considering that I have only 100/200$.
So what is better?
Support a single crypto with all I have or separate on every crypto I like?

[FlexMary]

if you start investing a little amount of money in many projects you will not earn alot of. Its better to have one or two prjoect keep on eye. You shouldnt invest in a fast way. Sometimes you have to do many reaseraches and have to update yourself about the crypto curruncy you favour. i never invest a little amount of money in many crypto curr. i just have my favourite one which i invest for and earn more of it

[BabelZZ]

if you start investing a little amount of money in many projects you will not earn alot of. Its better to have one or two prjoect keep on eye. You shouldnt invest in a fast way. Sometimes you have to do many reaseraches and have to update yourself about the crypto curruncy you favour. i never invest a little amount of money in many crypto curr. i just have my favourite one which i invest for and earn more of it

Thank you for the reply.
I'm not looking for an investement or profit i'd like only to support my favourite project.
Lose some money it is not the problem.
So i'm asking for an advice.
Is worth it anyway to buy some coin even if don't help alot?
Or better watch and take part with post, shares without buy the curerncy?

[coindetective]

I always suggest differentiation into several projects. Focusing on only one project might not be the smartest solution. Still, as in everything else, if you want to make money, you ve gotta spend some money.

[avikz]

Diversification is the key to a healthy portfolio. It also lowers down the risk of your investment. However, considering the money you have, you will not be making much income if you diversify in to many cryptos of your choice. With small amount of units, you will find it difficult to sell those cryptos after paying the network fees.

So I would suggest you to stay only with bitcoin. With 100 or 200 USD investment, you will not be able to capture a sizable volume to diversify properly and you will end up paying a lot of network fees while seeling these cryptos. So as per your situation, staying with only one crypto of your choice is wise.

[Triple]

If you're looking for high risk high reward RIO, then going all in on one coin is your best bet. But if you don't really care about profits like you said, then diversify your profile with established coins and watch your money grow.

New coins can be tricky and most will be pump and dumps so steer clear

[BabelZZ]

Sorry guys probably my bad english is the problem.
I don't need investing advice because i don't want to invest and make money.
I only want to support my favourite project.
But i'm asking you if, considering little money i have, best to only partecipate in topic and discussion istead of buy some coin to show my appreciation.
That's all.
I already investing for profit in other "fund group".

Thank you all.

[imstillthebest]

if you start investing a little amount of money in many projects you will not earn alot of. Its better to have one or two prjoect keep on eye. You shouldnt invest in a fast way. Sometimes you have to do many reaseraches and have to update yourself about the crypto curruncy you favour. i never invest a little amount of money in many crypto curr. i just have my favourite one which i invest for and earn more of it

op actually said that he dont care for the profit, he will just invest for the sake of the team or developers of the coin because he wants to support and help them with their projects. @op   much better if you can just spread your cash on to some different coins if you want to help most of them, it doent matter if your donated amount is low or high yet it is still a big help to them.

[Triple]

Sorry guys probably my bad english is the problem.
I don't need investing advice because i don't want to invest and make money.
I only want to support my favourite project.
But i'm asking you if, considering little money i have, best to only partecipate in topic and discussion istead of buy some coin to show my appreciation.
That's all.
I already investing for profit in other "fund group".

Thank you all.

Ohhh okay I see what you're saying now. In that case, yes. Even if you don't have a lot of money to invest, every cent counts. You won't have a big effect on the overall price or anything like that, but if you like the project and want to support it, absolutely your investment will play a role.

[ogini]

It is not wrong to invest in little amount of money,but among your favorite choose one and invest the little you have.After which you can extend to other ones because every investor invest for profit,your little can uplift you to others with the profit you will make in it.

[leex1528]

Now, people get confused with this all the time.  Its not about how much you invest, its how much % of what you invest increases.  If you invest 100 dollars into BTC and it somehow increases 5000% right now, you still get the 5000% invested money of the 100 dollars....Don't think about it as how much invested, think how much gain is possible.

[BabelZZ]

op actually said that he dont care for the profit, he will just invest for the sake of the team or developers of the coin because he wants to support and help them with their projects. @op   much better if you can just spread your cash on to some different coins if you want to help most of them, it doent matter if your donated amount is low or high yet it is still a big help to them.

Yes thank you.
I will spread cash on all project that i like.
Little is more than nothing.

Ohhh okay I see what you're saying now. In that case, yes. Even if you don't have a lot of money to invest, every cent counts. You won't have a big effect on the overall price or anything like that, but if you like the project and want to support it, absolutely your investment will play a role.

Yes i know bad english.

But Thank you for the advice, i will follow.

It is not wrong to invest in little amount of money,but among your favorite choose one and invest the little you have.After which you can extend to other ones because every investor invest for profit,your little can uplift you to others with the profit you will make in it.

So you are saying that better put money on one project and wait for earn more money to spread on the others?
But is worth it with really little money?
I don't know.

Now, people get confused with this all the time.  Its not about how much you invest, its how much % of what you invest increases.  If you invest 100 dollars into BTC and it somehow increases 5000% right now, you still get the 5000% invested money of the 100 dollars....Don't think about it as how much invested, think how much gain is possible.

Yes that i understand.
But again i'm not in for the gain, only to show my appreciation to the project.

[FlightyPouch]

I have few project that I really enjoy.
Monero, Ethereum and Raiden Network above all.
I don't have a lot of money so my investment will be not so important for the teams.
I don't really care for profit considering that I have only 100/200$.
So what is better?
Support a single crypto with all I have or separate on every crypto I like?

Some of the crypto currency that you said are making a good prices and I think you really care about profit because why do you need to post this and ask if supporting crypto separately is better? If you really support these coins, you just need to support it, no need to ask other people because you are the one liking it.

But if you really are investing in these coins, yes, "supporting" other crypto currency is better than holding one. A lot of holding to make means a lot of choices to be made in the real future. And, small money or big money, it doesn't matter, as long as it will be having a good price in the future it will be a profit.

[Protected101]

I have few project that I really enjoy.
Monero, Ethereum and Raiden Network above all.
I don't have a lot of money so my investment will be not so important for the teams.
I don't really care for profit considering that I have only 100/200$.
So what is better?
Support a single crypto with all I have or separate on every crypto I like?

Its okey to invest small amounts in crypto it must be good because if will price drops little amount of your investment is not affected so much.Choose what is your favorite and profitable crypto that you are supporting most.

[uszaty43]

Dont pay attention to this guys, they are telling you to have your entire money in two, three, four altcoins and that is not good because you only have $100
Honestly, try to get more money before trying to invest, because you are not going to earn anything.
Just think about this, if you buy 0.20 moneros, and the price suddenly goes from $120 to $130 (as an example, it is more than 8%) You are only going to be earning $2.
And that is pure garbage, it is not even worth your money, because you are going to lose much more money on the fees.
The best thing that you can do is just wait until you have a nice budget and then start trading, or just supporting, or buying as many altcoins as you want to.

[yen10]

Investment in cryptocurrency is just like investing in real world using fiat money. There will always be a risk. Also the more investment you have in different coins, the better. No matter how small the amount, its still an investment, it will sill gain profit in a given time. Its better to invest in different coins that in a single one, so if one coin fails, you will not lose everything.

[BabelZZ]

Guys i'm sorry but you misunderstood me.

Please read "imstillthebest" reply to my message.

I think he explain better what i was asking.

Thank anyway to all.

[cryptolit]

Depends how much you care for these projects. Personally, if I didn't have too much money I would put it in one project to make the most impact for them. But either way, it's good of you to support one or multiple.

[BabelZZ]

Depends how much you care for these projects. Personally, if I didn't have too much money I would put it in one project to make the most impact for them. But either way, it's good of you to support one or multiple.

Thank you.
I'll probably split among project.

[Shamie1002]

Sorry guys probably my bad english is the problem.
I don't need investing advice because i don't want to invest and make money.
I only want to support my favourite project.
But i'm asking you if, considering little money i have, best to only partecipate in topic and discussion istead of buy some coin to show my appreciation.
That's all.
I already investing for profit in other "fund group".

Thank you all.

Ohhh okay I see what you're saying now. In that case, yes. Even if you don't have a lot of money to invest, every cent counts. You won't have a big effect on the overall price or anything like that, but if you like the project and want to support it, absolutely your investment will play a role.

@BabelZZ
Yeah OP is right. Its good to see that there are people like you not actually joining crypto just for monetary reasons but supporting such projects. The little amount you have will definitely have a part in any project that you have chosen.
Great work and good luck to us as Crypto users.