Strategy to invest 500eur into digital currencies..

[asdalani]

I am interested to invest some cash into digital currencies, not a lot around 500eur.

I would like to invest in Ripple, Litecoin, Ethereum, BitcoinCash and Stellar. I have a question about the strategy, should I divide 500eur into same portions within all currencies? Or some of the currency should have more, like Ripple?

What would be wiser?

500 EUR could make you a decent amount of money if you know how to invest and not sell your coins until you get more money than you invested with. Invest all of it in Litecoin or Ethereum.

[tarpa07]

If you want to start crypto currency trading with only 500 Eur so it is not a bad amount . You can start with a small amount in Bittrex crypto currency . Best Strategy you must buy which coin price is small around $1-$3 coin you must buy and make a some profit here.

[jakaKak]

Invest most in ETH and then join few ICOs which you think will be successful in the future. Then just hodl everything and you are good to retire in few years.

[uniqueuser]

Any tips for arbitrage opportunities? also been waiting for coinbase to take my deposit for half of the week. Shall I blame coinbase for losing opportunities lol. Any other exchange market you could suggest?

[babygun]

Split your money into several altcoins such as ETH, XMR, LTC and offcourse BTC. Always try to diversify your portfolio and think long term (1-2 years).

[GreatOrchid]

I would like to invest in Ripple, Litecoin, Ethereum, BitcoinCash and Stellar. I have a question about the strategy, should I divide 500eur into same portions within all currencies?

I see that you are a little bit confused about how does it works, if you do not know anything, but "anything" about how the market works, then do not try to force your own start.

First of all, 500 euros is not a lot of money, you can not diversify that much between all the altcoins that you want to invest.

You want to diversify between seven altcoins with just $500, how the fuck are you going to do it? $60 for each one of them? It wont give you any profits.

Even if a coin does a x2 you will only earn +$60 because you will have $60 - $70 between each alt.

[Melquart]

In my opinion you should better invest your 500 eur into one altcoin. The amount is not big and dividing it is not going to give you a big profit.
Do your search and try to choose one altcoin with big potential, buy with all your 500 eur and hold.
Be wise in choosing your altcoin.

[anindo]

In the financial world you must first provide for risks. After all, anything can happen.
Therefore, the best solution would be to diversify the risks and invest in several crypto-currencies.
The currencies you specify are trustworthy, just wait a little. Now the market is falling. Wait for the price to stabilize.

I agree with it. You chose the good portfolio. Just follow the market changes. Wish you good luck!

[iigor]

I would suggest to split it on 5 pieces 35% BTC, 20% ETH and three pieces of 15%. You can buy Ripple, NEO, Cardano, IOTA or anything else you thing it is going to be profitable. This is the way I do it and the results are more than good.

[slavsole2017]

Invest in the already issued crypto coins. To yourself, the crypto coin NEO is a reasonable investment.

[AidenCasanova]

but you not telling us for how long?
there is big different to invest in short term and long term

I am interested to invest some cash into digital currencies, not a lot around 500eur.

I would like to invest in Ripple, Litecoin, Ethereum, BitcoinCash and Stellar. I have a question about the strategy, should I divide 500eur into same portions within all currencies? Or some of the currency should have more, like Ripple?

What would be wiser?

maybe I can give some suggestion for you. you can divide, for example, ethereum and bitcoin cash to each of 250 euro, ripple and stellar to each of 150 euro and litecoin for 100 euro. I think this will be a good balance for you. you have ripple on your list and you can buy ripple and stellar while the price still cheap. I add 250 euro for ethereum and bitcoin cash because this two coin is too expensive but you could still buy those coins.

that is for long term strategy, i believe that is good plan
but for short investment term, you can choose risky coin that have potential to grow
you can join discussion about that coin in this forum

[akirasendo17]

if i were you ill wait for tokens/coins to dip then invest on top 10 coins in the market
wait for a year and boom, instant millionaire, there is no way it can, pass
thats the safest way to invest, no matter what happen those coins will go as high as moon
as soon as the end of 2018 you are a millionaire remember this , its 100 percent sure

[Gangy]

I think 500 euros are quite good enough for a new comer. The coins you mentioned will not let you down in long term so you dont't have to afraid much about losing your money. I would suggest you to keep their portions close but only ethereum can have a bigger portion. Just try to buy coins when they drop. Don't buy them when they are peaking.