locotron (OP)
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December 05, 2017, 03:40:52 PM |
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Hey guys. I’m able to invest about $100 weekly. Could go $200 on certain weeks but only if it’s soemthing that’s about to sky rocket or something.
I was looking for some help as what is the best approach for someone who can invest this amount weekly. I know it isn’t much but I’d like to hold long term instead of expecting big returns right away
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bob3772
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December 05, 2017, 03:44:34 PM |
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Hey guys. I’m able to invest about $100 weekly. Could go $200 on certain weeks but only if it’s soemthing that’s about to sky rocket or something.
I was looking for some help as what is the best approach for someone who can invest this amount weekly. I know it isn’t much but I’d like to hold long term instead of expecting big returns right away
$100 weekly will be quite a sizeable investment over time, I would start by just putting the first $1000 or so in to BTC and then add some alts like ETH and LTC. Once you've got sizeable investments in the major coins you could look to invest in some ICOs or pick up some newer cheaper coins.
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crypto233
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December 05, 2017, 03:45:18 PM |
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I am in a similar situation as yourself. I try to do a lot of research on the different coins and educate myself on whether or not that particular technology will be adapted and make decisions from there. Like i said, I am a bit of a rookie in this space, but dollar cost averaging seems to be the way to go.
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Gaius Cryptus Tradius
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December 05, 2017, 03:47:01 PM |
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I think that is a good amount and you can easily amass a small fortune with this continuous cost averaging effect. Like in the stock market.
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VarDiff
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December 05, 2017, 03:47:06 PM |
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Read the forum instead of creating dumb topics, please.
Why does every newbie expect 100% magical advice? Do you really think it's so easy? Hey guys! I got $100, please suggest me some skyrocket coin for at least x100 profit in two days! I'm long-term investor also! BTW, what the best color for my new Lambo? I can't choose.
WTF guys? Just spent at least few weeks for READING before posting something.
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canvan
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December 05, 2017, 03:49:04 PM |
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Hey guys. I’m able to invest about $100 weekly. Could go $200 on certain weeks but only if it’s soemthing that’s about to sky rocket or something.
I was looking for some help as what is the best approach for someone who can invest this amount weekly. I know it isn’t much but I’d like to hold long term instead of expecting big returns right away
Go for bitcoin and ethereum initially, then read up about ICOs and join various slacks. Once you feel you have a good understanding of what succeeds and what doesn't you can start converting your bitcoin and ethereum to various alts or ICOs.
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St4yInTh3D4rk
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December 05, 2017, 03:50:55 PM |
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Hey guys. I’m able to invest about $100 weekly. Could go $200 on certain weeks but only if it’s soemthing that’s about to sky rocket or something.
I was looking for some help as what is the best approach for someone who can invest this amount weekly. I know it isn’t much but I’d like to hold long term instead of expecting big returns right away
I think it is better to start investing on bitcoins over the altcoins because the altcoin price are highly unstable and more chance of getting lose your investments,so first start investing on basic and pupular coins like bitcoin ethereum and litecoin you can add monero and dash when the days passed but make sure that your investment needed to be longterm for getting good profits.
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locotron (OP)
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December 05, 2017, 03:52:59 PM |
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Read the forum instead of creating dumb topics, please.
Why does every newbie expect 100% magical advice? Do you really think it's so easy? Hey guys! I got $100, please suggest me some skyrocket coin for at least x100 profit in two days! I'm long-term investor also! BTW, what the best color for my new Lambo? I can't choose.
WTF guys? Just spent at least few weeks for READING before posting something.
If you read my post then you will see that I’m not looking to get “rich” in two days. I clearly states that I’m looking to HODL LONG TERM. And I do research and my plan was to keep doing research and buy coins under $1 that have potential. I’m not looking to be spoon fed but to see if anyone else had different opinions on this type of weekly budget. Sorry that I hurt your feelings this morning. And to everyone else, thanks for the responses.
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AzakeB
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December 05, 2017, 03:58:00 PM |
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Great idea, but I am not sure how the fees for converting FIAT into crypto is playing a role here. Maybe you should calculate this before.
In terms of the investing period this is still a good idea. You could buy into just one specific coin, where you believe this will go up and will have the biggest potential in 2018. Maybe ARK, maybe COSS (a new way of exchange), maybe NEO ( i think 2018 will be great for NEO -> don't care about china)
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spngebob
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December 05, 2017, 04:03:43 PM |
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100$ weekly is quite big amount for investment, in my honest opinion. With that you could easily every week buy new coin and after a year you will have shitload of crypto's. I would go to poloniex for examlple and i would start buying coins from top to bottom, every week new coin.
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AzakeB
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December 05, 2017, 04:11:32 PM |
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100$ weekly is quite big amount for investment, in my honest opinion. With that you could easily every week buy new coin and after a year you will have shitload of crypto's. I would go to poloniex for examlple and i would start buying coins from top to bottom, every week new coin.
I would more like cost average a coin with high potential. I myself set the goal to invest $350 to $400 per month. So almost like him. What do you think? I wouldn't diversify into 100 coins
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aliman00
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December 05, 2017, 04:16:55 PM |
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If you are serious about investing 100$ a week then my suggestion would be invest it into bitcoin... anything else is subject of a change but king will be king but if you are stacked up on bitcoin and would like something else then my suggestion is 1. deep onion - 2. vertcoin
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black45
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December 05, 2017, 04:26:43 PM |
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Hey guys. I’m able to invest about $100 weekly. Could go $200 on certain weeks but only if it’s soemthing that’s about to sky rocket or something.
I was looking for some help as what is the best approach for someone who can invest this amount weekly. I know it isn’t much but I’d like to hold long term instead of expecting big returns right away
I think there are many coins with that much potential. I think you should be investing into IOTA, Ripple, JNT token and also SCL. These are some of the hot currencies in the current race and you may benefit from it.
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Wickedwitch28
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December 05, 2017, 04:35:22 PM |
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There are so many altcoins to be the next bitcoin. But once is a bitcoin will always be a bitcoin and it i'ts very popular now. You may buy eth and some of the coin will surely you will hole it for long term and it'll be same as bitcoin.
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ss890
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December 05, 2017, 04:37:32 PM |
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Thats good investment strategy really. Before you can expect different alt coin suggestion I would really like to add that you should try to build up investment stagey by using bitcoins. I mean if you put $100 every week into the bitcoin then this could generate great revenue for you in the future that to come. Already people have speculated that the prices will be more than 15K next year so you can think about that one.
Now, if you are interested more into alt coins, due to the fact that they are cheap or something like that then I would like to open up a trade with two main coins here, one is Ethereum and the second one is Ripple. These coins are now getting spiked a lot these day and they are the second choice after the bitcoin fro every crypto lover so I'm sure that they will be the one ruling after the bitcoin math. So you can put 70% of those $100-200 in the Ethereum and then the rest into ripple. This way you will have same investment as ripple is cheaper but in the end your splitting would be almost same. You can expect to reach 10-50x profits in next year with these investments.
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vit05
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December 05, 2017, 04:42:53 PM |
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This is great. You should start with the basics that are Bitcoin and ETH. But them you could start to buy some alts after week 3. Try have at least 50% in a project that you true belive like Bitcoin. Maybe 30% in other projects like ETH, RIpple, monero and ADA, And put 20% in more risk projects that are below 400 millions and could really give you serious money.
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zenhu
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December 05, 2017, 04:45:22 PM |
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$100 weekly ill make first week to buy bitcoin second week for ethereum, 3rd and 4th week go for another alt like waves or xlm, repeat it every month. And boom in one years youll have very good saving
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canadiancrypto
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December 05, 2017, 04:49:57 PM |
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I'd start investing in the smaller cryptos, but in order to get into them you might need a little bit of ETH for ERC20 tokens. A little bit of BTC is nice but with $100 you'll get crazy fees, so it'll be better to just earn.
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djselery
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December 05, 2017, 04:50:57 PM |
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If you are going to hold for long term, and you will invest weekly this amount for several coming weeks, I think you can generate good profit if you spread your investment between BTC, ETH and some other solid crypto currencies. Buy and hold and be patient until the price go up highly.
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Hui8
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December 05, 2017, 04:54:26 PM |
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Hey guys. I’m able to invest about $100 weekly. Could go $200 on certain weeks but only if it’s soemthing that’s about to sky rocket or something.
I was looking for some help as what is the best approach for someone who can invest this amount weekly. I know it isn’t much but I’d like to hold long term instead of expecting big returns right away
Wow beautiful investment opportunities for you. As the crypto market is going up from all the side you can just choose any coin that you want to invest and hope best returns from them. I mean just imagine putting few bucks over ether, few in iota, few in NEO and so on. No matter what you choose from those top 10 coins in the coinmarketcap website still you get big returns from the crypto coins. So what you have to do is just choose specific coins and create a proper portfolio for you to invest into crypto’s. This is good way to build up a strategy and het higher returns in the field. Don’t try to put your money into new crypto projects really as you will end up with trial and error basis. Better invest into those which already exist and you don’t have to worry about their developments.
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