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Author Topic: If I have 700USD, Do I have gain the lowest qualifications to invest?  (Read 200 times)
Cathy1701 (OP)
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February 26, 2018, 08:51:55 AM
 #1

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?
Maclover44
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February 26, 2018, 09:03:25 AM
 #2

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?
I advice u to buy bitcoin and get bitcoin private for free until 28 February. Here is instruction how to do it : https://www.youtube.com/watch?v=-I4-a1mfGmI
Good Luck!
Nerman
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February 26, 2018, 09:23:36 AM
 #3

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?

If you want to invest then first you need a way to buy crypto. There are multiple ways you can go to an exchange register and buy from them. I will not recommend any exchange do your research but also be careful there are scam exhanges as well. Register in a trustworthy one.

Also you can buy locally, you may join a social media group and try to buy from a reputable seller.

There also wensites that sells coins same as the first one buy from a trusted website.

After buying your coins you need to have a plan. Are you here to invest for short term, long term or trading.

Just a reminder on all investment there are always risk.
Good luck!
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February 26, 2018, 09:30:49 AM
 #4

$700 is not too small to start. But you have to seriously do some research and must have a mentor who will help you since you are new into cryptocurrency ecosystem.
liangweicha
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February 26, 2018, 09:34:41 AM
 #5

In fact, 700 dollars is completely investable. You need to learn the knowledge of blockchain, understand the characteristics of each token, select the token you want to invest in, and you can invest in BTC or invest in ICO.

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February 26, 2018, 09:37:44 AM
 #6

Of course, just buy a low price bitcoin to make you a big one from it. Okay, where do you invest your money in altcoins just as you make sure you will never get into trouble later.

think3214
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February 26, 2018, 09:45:07 AM
 #7

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?
$ 700 I think you should invest in ICO projects. But before you invest, go to the press, the youtube channel. Learn how to analyze potential ICO projects. You invest in them. I think if you choose the right potential ICO project, within 1-2 months you can multiply your capital by 2 or 3 times. But I also say that the ICO market is a risky market. A lot of frauds, you be careful.
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February 26, 2018, 09:48:20 AM
 #8

The money you have pretty much. With what you have right now, there's quite a lot you can do. You can invest in a company that you trust, be it short or long term investment. You can also invest in crypto currency that is believed to be profitable.
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February 26, 2018, 10:03:30 AM
 #9

With this amount you can invest in bitcoin and keep it for a long time. Pick some promising alternative coins that have price below 1$ and invest.

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February 26, 2018, 10:07:39 AM
 #10

Before you invest, I suggest you learn as much as you can first.

Also poke around Twitter, Medium/Hackernoon and join some decent crypto facebook groups.

Only once you feel you have a good understanding of everything then start investing.. $700 is more than enough to get started. 
Marileno
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February 26, 2018, 10:11:37 AM
 #11

Starting amount is fine. You are much better off picking 1 coin and investing in it, and then adding to that position with a carefully constructed savings plan. The exact same approach should be taken if you invest in the equity markets. Don't stop at the 700...keep saving and keep investing. The effects of compound interest over long period of time (decades) is what generates wealth
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February 26, 2018, 10:11:53 AM
 #12

$700 is a pretty good amount. Aside from your plan to invest in general, you also just need to invest a bit more time on research in learning the best coin to invest the amount of money you have with the least risks possible as well as the highest chances of increasing your investment.   
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February 26, 2018, 10:17:03 AM
 #13

$700 is a pretty good amount to start, just get some Bitcoin with your $700 and start enjoying the Bitcoin life practically. This $700 investment will grow (you will find more ways to get more Bitcoin eventually) and give you good money.
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February 26, 2018, 10:17:30 AM
 #14

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?
i think if you have 7000$ then it is enough to make investments, it may be not a huge money but if you have patient and trade slowly through years, surely you will have more profit than before, i suggest you should invest in both bitcoin and altcoins like ETH or NEO, it will much safer when we can diversity our incomes.

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February 26, 2018, 10:21:42 AM
 #15

You can do some research in altcoins. With this amount, you'll certainly find coins with great potential for future profits like neo, iota or eth. If you earn, you can buy more by increasing your capital.

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February 26, 2018, 10:25:04 AM
 #16

$700 is enough for you to invest. Many digital currencies are less than $1, but you need to do some research!

Some ioc projects can not raise 0.1ETH, you can also consider!

You need careful study!
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February 26, 2018, 10:26:13 AM
 #17

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?
700 USD is comparatively very small amount in crypto space  Wink It might actually depend upon how much money other have injected in their crypto portfolio.

Just invest what you can afford to loss so if 700 USD is big amount for you than I suggest you to not invest all of it in crypto or atleast divide your investment in multiple crypto.
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February 26, 2018, 10:55:42 AM
 #18

But If I have 700USD spare money, what can I do?

If you had basic knowledge of trade I would recommend that you do day trade with the NEO/BTC pair, which is much simpler and more profitable, this would be for you to increase your capital and then you would change to make bitcoin/altcoin trade to increase your bitcoins and when bitcoin had your ATH you would sell to USD and buy in the dip and return to trade in the Bitcoin/Altcoins pair.

Everything is risky, no matter what you do in this life, you will always start from some point, just do not create high expectations and do not give up on the first mistake that you make.

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February 26, 2018, 11:08:41 AM
 #19

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?
If 700USD is a big money for you better not invest it all, but if 700USD is just small amount for you better to invest it in strong and popular cryptotoken, and better do some research about the token do want to invest to avoid losses.

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February 26, 2018, 11:13:56 AM
 #20

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?
700 USD is comparatively very small amount in crypto space  Wink It might actually depend upon how much money other have injected in their crypto portfolio.
No. Even $700 is a fine amount to invest, yes considering what others have invested it might look small but still, OP will be able to profit from $700 very easily. Buy some BTC, HODL it, have faith in BTC don't fall victim of FUD and don't sell too soon and you'll be able to profit very easily.
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