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Author Topic: How much should a paranoid not-that-rich newbie invest in crypto?  (Read 148 times)
mr.bitcoin2k17 (OP)
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December 21, 2017, 01:06:22 PM
 #1

I'm the type of person that almost cries every time buying a cup of coffee... And I also think (hope I'm not alone) the moment I invest some money, the prices will drop.

I have some savings, but not that much at all. What is our advice? What amount of investment makes sense? And what are your thoughts on what to start with?
MirandaGreen12
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December 21, 2017, 01:19:20 PM
 #2

I'm not sure that paranoid newbie should invest a lot. Take amount that you can afford to loose and read a couple of topics on this forum. Normally they suggest to split you money among big and reliable crypto. BTC, ETH, LTC and something like that.
xPPx
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December 21, 2017, 07:53:27 PM
 #3

I'd go with Ripple (XRP). The banks are losing against cryptocurrencies, and Ripple is in bed with the banks, and HODL!!!
MR2O4
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December 21, 2017, 09:20:04 PM
 #4

I'd only invest was I can afford to lose.

tocketsearful
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December 21, 2017, 09:25:49 PM
 #5

Never invest more than you can afford to lose. We might or might not be at the top of a bubble. Questioning if this a bubble I think is redundant. We have ICOs with coins that tracks the price of bananas...
arisatox
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December 21, 2017, 09:31:22 PM
 #6

Use the same rule as in the real world, which is to not invest more than you can afford to lose. Another rule on top of that is usually to not put more than 5-10% of your investments in a single thing.

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RenatNaumov
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December 21, 2017, 10:12:11 PM
 #7

do not listen to anyone, bet on the crypt!
Ctstrphy
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December 22, 2017, 12:02:44 AM
 #8

What you can afford to gamble. Invest your money that you should want to spend on a date, movie, anything that you think that it's not a necessity. But a wise man once said "It is not a good financial advice to gamble. But hell, it's good to have a rough ride in your young days."
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