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Author Topic: I only have 200$ per month !  (Read 7331 times)
harizen
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November 29, 2017, 10:34:43 PM
 #121

After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  Lips sealed

How you able to get that $200? If it comes to a work and effort that is worth it then continue doing that work. You can't feel much profit if you invest that $200 today and you need a really really large pump in order to see the returns. Take note also that once you do long term on bitcoin, you won't do cashouts regularly so I think you can't pay your regular bills on that way as you have regular spendings.

Like I said, just improved your current method in order to avoid direct investments. There are people here who earns on regular basis without engaging their pocket in the actual buying of bitcoin. Let those who can buy do the buying and for average bitcoiner, try to find explore things that will give crypto earnings in return.

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jdeanne92
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November 30, 2017, 05:36:30 AM
 #122

just be carefull. nowadays investments are full of scam. only few reliable sites are left. so take extra cautions before venturing into one
 check in social media sites if they have bad record.
madwica
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November 30, 2017, 05:43:48 AM
 #123

I think much better to hold your 200$ every month in the bank which is much safer than putting it into your pocket, 200$ can no gain good amount of income even you hold it for long period of time.
There are other methods which is investment is not required just explore this forum and you will find multiple earning method that gives you higher profit than investing your money.
neonshium
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November 30, 2017, 06:24:58 AM
 #124

After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  Lips sealed
that's a big money try to invest half of your money in bitcoin and wait for price get grow that's all i can say because if i have that kinds of money i will do invest here,see the price this year of bitcoin it's going 2 times now so start now even the price now is really high it not sure but base in past price this will continue to grow if the cycle will repeat
I'll think about the things you say. Tks my friends
Lol, are you still holding the $200 till now? You should have invested into Bitcoin all this while price was going up and just HOLD it to see how it’s going to work out for you, maybe it’s not too late now, you should invest it and see if you will earn anything, though I’m a little bit skeptical about whether it will go up.
rickadone
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November 30, 2017, 06:56:57 AM
 #125

After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  Lips sealed
We all need to be part of something big like the blockchain and investing in bitcoin is a good start and since you are ready to spare a $200 for bitcoin its a good choice and after some time you can invest in some altcoins to widen
I was consulted about the ICO. But there are so many ICOs I can invest in. I wonder, hope to get help from you.

Just buy bitcoins with your $200. It's not really worth investing in ICOs since there is really a better chance of losing on them than profiting. Two things that can make you lose on ICOs, which is first the ICO turns scam and the developers just ran with your money. Then another is that it fails flat on its face. That would result to losses on your part since it would hit exchanges and just be dumped like a lot of coins and tokens.
Honestly! For a new investor, I really do not see any reason to hopping around until you are familiar with the whole crypto ecosystem. There is a lot to learn but at least with BTC, the safety is guaranteed being the most supported and trusted coin to disrupt the way we have been spending all these while.

The value will keep increasing and as time goes on when you start understanding the world of Altcoins and ICOs, and then you can start joining.
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November 30, 2017, 07:58:46 AM
 #126

I do not think it's too late to start having bitcoin, crytocurrency is the right choice for the future with good technology. to start 200 $ may not buy all to bitcoin, but 50% just assuming it is not money for everyday purposes. if we have 200 $ per month then we can set aside 30% -40% per month periodically. by looking at bitcoin value of course, because if we buy bitcoin must be seen also whether its value is going up or down. that's my opinion.

madentopere
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November 30, 2017, 09:23:21 AM
 #127

After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  Lips sealed

should not  because price increase fast in short time and you can’t track price (because you will be busy).
try to invest in Altcoins better than bitcoin recommended ETH

Bloody Mary
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November 30, 2017, 04:13:53 PM
 #128

 really don't think your 200$ will grow or double in  year maybe you can earn 10 - 20$ from holding alone, if you do day trading 200$ will be risky and easy to lose as to the price of bitcoin sometimes is uncertain and many people try to manipulate the price of bitcoin in some certain day.
palle11
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November 30, 2017, 09:14:01 PM
 #129

Well, if you have $200 to invest, thats good. My suggestion then is, you should try invest in a cheaper but futuristic with potential coin. Doing such will make you buy into many coins and possibilities for the coins to do well in future.
BitGenerator
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November 30, 2017, 09:14:54 PM
 #130

After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  Lips sealed

Get a cheaper coin likely ETC , LTC or ETH, i don't suggest to invest such an small amount with the current bitcoin price.
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December 01, 2017, 04:24:20 AM
 #131

After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  Lips sealed

First know the pros and cons of investing in cryptocurrencies before you engage in one. If you ave background on fiat exchanges (e.g. Forex) then your good to go as it is similar to that, but not in all because crytpo demands on the popularity of the coin while the other is based on a true currency of the country.
$200 is good starting point, choose wisely on where to invest it, read carefully and do your own research. You may lose your money or you may gain multiple times depending on the move you make.
We are not encouraging you too invest but in this kind of business you could earn a lot. Just be ready whatever may happens as when you win there will be others who loses and vice versa.
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December 01, 2017, 06:16:55 AM
 #132

In my opinion bitcoin is currently not really interesting for small amount investments as the price level is already high at $10,000 and needs to increase for huge amounts to have small winning rates. Some promising and low priced altcoins are an unlike better investment option as increases of relatively small amounts will bring you quickly winning rates over 100%.
I agree with you that small capital may not have a significant impact. To maximize the amount of money then we can find other alternatives, one of which is Altcoin. Currently a lot of Altcoin which has very cheap rates, Maybe I will suggest the new Altcoin circulating because the new altcoin usually has a cheap price and there is a possibility to be pumped by the developer. After this then our job is to keep monitoring the coin we have, it will help us to be able to take decisions and also the right momentum. When we have seen the profit margin from the sale of coin that we have then the best step is to sell it, do not wait too long and do not get the best momentum we can have lost just like that.
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December 01, 2017, 11:05:14 AM
 #133

After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  Lips sealed
We all need to be part of something big like the blockchain and investing in bitcoin is a good start and since you are ready to spare a $200 for bitcoin its a good choice and after some time you can invest in some altcoins to widen
I was consulted about the ICO. But there are so many ICOs I can invest in. I wonder, hope to get help from you.
ICO world is not a world you can just delve into bro; you have to take your time. It is good you have seen that there are so many of them, and a lot of them always end up being scam and dashing away with investor's funds. The best way is to do a thorough research on any of the ICO, no matter how good it looks from the outside.

Start by checking the team out and seeing what they have done in the past and if they really look like a team that can do a good job before you start looking at the whitepapers to see how feasible the project is and if it would end up relevant in the long run.
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December 01, 2017, 02:31:17 PM
 #134

Well, if you have $200 to invest, thats good. My suggestion then is, you should try invest in a cheaper but futuristic with potential coin. Doing such will make you buy into many coins and possibilities for the coins to do well in future.

You can double your 200 USD when you know how to trade and to choose the coin that have a potential so before you try to invest just study first.
BillCoin
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December 01, 2017, 03:46:07 PM
 #135

really don't think your 200$ will grow or double in  year maybe you can earn 10 - 20$ from holding alone, if you do day trading 200$ will be risky and easy to lose as to the price of bitcoin sometimes is uncertain and many people try to manipulate the price of bitcoin in some certain day.

Of course it is possible to grow this 200$.
I think it's worthless to mention that bitcoin has done about 10x already this year, and is planned to make about 15K.

I think that you won't be able to double at bitcoin at that price, but you will still be able to double if you invest it in a successful ICO.

Always make sure that you do risk management and also make sure that you don't invest more then you can afford to lose as investments in the crypto world tends to be very risky.

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December 02, 2017, 05:00:36 AM
 #136

After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  Lips sealed
My recommendation is that you read the forum, reddit and some articles on the internet first before taking any decision, when we are talking about money you should always take the time to make a good decision, for many 200 dollars is not a lot of money but for some that is a whole month salary so take your time and do not take a rushed decision.

although is not a lot of money, I think he can start right now and he can buy bitcoin now before the price is move higher than before. but he need to try the best he can so he can increase $200 to become bigger by doing many ways. I know one of my friend have the same amount like him and he only traded with one coin but he try hard and continue to trading and after 3 days later, he chat with me and said that his base money become bigger and now he have $900 and he is ready to make a lot of money.
That makes sense and buying now seems like a good idea but if you do not have all the information it is better to wait, because if he buys now and then the price goes down there are big chances he is going to sell for a loss since he still does not understand the way the bitcoin market moves.
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December 02, 2017, 05:36:25 AM
 #137

After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  Lips sealed
My recommendation is that you read the forum, reddit and some articles on the internet first before taking any decision, when we are talking about money you should always take the time to make a good decision, for many 200 dollars is not a lot of money but for some that is a whole month salary so take your time and do not take a rushed decision.

although is not a lot of money, I think he can start right now and he can buy bitcoin now before the price is move higher than before. but he need to try the best he can so he can increase $200 to become bigger by doing many ways. I know one of my friend have the same amount like him and he only traded with one coin but he try hard and continue to trading and after 3 days later, he chat with me and said that his base money become bigger and now he have $900 and he is ready to make a lot of money.
That makes sense and buying now seems like a good idea but if you do not have all the information it is better to wait, because if he buys now and then the price goes down there are big chances he is going to sell for a loss since he still does not understand the way the bitcoin market moves.
Now is too high
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December 02, 2017, 08:02:52 AM
 #138

Well, if you have $200 to invest, thats good. My suggestion then is, you should try invest in a cheaper but futuristic with potential coin. Doing such will make you buy into many coins and possibilities for the coins to do well in future.

You can double your 200 USD when you know how to trade and to choose the coin that have a potential so before you try to invest just study first.
Yes by investing 200$ it is possible to earn profit ofcourse choose the right altcoin to invest. Risks to invest on coins were very active and has a potential to grow.

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December 02, 2017, 08:21:55 AM
 #139

After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  Lips sealed

Get a cheaper coin likely ETC , LTC or ETH, i don't suggest to invest such an small amount with the current bitcoin price.
I'm always suggesting to the new ones to keep on investing in bitcoin. It doesn't matter if the price is expensive or cheap or the capital that will be invested isn't that great. Look for the long term investment in bitcoin and by this way that $200 can be doubled or more within few months.



 

 

 

 

 

 


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December 02, 2017, 10:36:52 AM
 #140

If you got spare money then just invest in bitcoin, it will be very profitable, especially for this few months the trend keep on going and keep on reaching the new record, and 200$ is a lot, some people invest only 100$, keep your bitcoin as long as possible to get a better profit
Its price is very high now. I'm afraid it will fall causing me to lose. I need to think. Tks guy!
If you have invested already before this price spike, I will urge you not to worry about losing what you already bought even if the value dips to a level of correction. It would go back up and a time will come when you won't even be bothered at all.

Panicking has made a lot of people to make the wrong mistake and unless you want to trade and you understand what you are doing, to buy back at corrections, then I will say you should just hold and care less what the chart is giving you. I believe before investing, you should understand the volatility of bitcoin by now.
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