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Author Topic: investing more than 10k worth it?  (Read 2002 times)
stein888
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April 16, 2018, 03:16:26 AM
 #61

It is worth it if you are expert in trading, your 10k will be doubled or tripled depending on your tactics. Anyhow, you can just either invest in some potentially coins amd not with shitcoins. Or you can buy some eth and hodl it for a while for sure profits. 10k is just enough to start investing in cryptocurrency. Let us say the more you invest more, the more profits you will gain.

Yes indeed, you have some good points there, but we must also know that it is not only about gaining, If you can gain more profits, expect that you can also loss more. It is really like gambling with a thought of winning.

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April 16, 2018, 02:30:16 PM
 #62

Every investment can turn into fortune if you put in a good use. The fact that volatility shakes the safety of any investment, it clearly scares off more investors. But I think you should base investments below the price of its resistance to avoid big loses or simply get higher chances of earning.
For example, prices play 6k-7k USD last week, then you should invest nearly 6k or slightly on you.
10k USD is not yet a wise investment for today.
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April 16, 2018, 02:35:50 PM
 #63

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.
What you invest is all relevant to how much you have to lose. If that 30K is your life savings or your kids college fund, absolutely not. $30K to some people is like $3 to others depending on their financial position. Crypto is high risk with a potential for high reward. If you hear anything else out there you would be mistaken. My best advice is to spread you $ throughout different altcoins and some ICOs. By investing in multiple ICOs, the ones that hit should easlity cover the losses on the others.
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April 16, 2018, 02:38:22 PM
 #64

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.

This is very dangerous loaning just to invest in crypto. There has been many cases like that in investment way before cryptocurrrency, and the ending when lost is suicide. But if you really think about it, if you had bought bitcoin when it was about $6k with your $10k, and luckily was able to sell when it was about $20K last year, your 10k would have tripled.

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April 17, 2018, 08:00:06 AM
 #65

It depends on your overall budget, it's never worth investing all the money that is. The best is 20-30% of the total budget, as this is the most optimal solution.
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April 17, 2018, 11:35:00 AM
 #66

If you decide to invest this amount, then you should carefully choose a coin. I would not advise buying new coins, although among them there are many promising, but they are not stable.
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April 17, 2018, 11:39:47 AM
 #67

If you have invested the last few months, it would have been definitely a good one. With the increase of value, those who had invested already are happy with it's current price. Yes, it is a risk but remember, the higher the risk, the higher the profit.

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April 17, 2018, 11:48:58 AM
 #68

I think the biggest reason for this is that people are hungry to money. No matter how many, they will still want it. So, when the price of Bitcoin was 20000, the whole world was talking about it, and those who didn't know it would see that it was a profitable thing, and they sold their house, their car, and bought Bitcoin. And now they have seen what the crypto world are like.

Nobody is not hungry with money mate and people will always think less and need more.
10k is very much for me and if i said this is worth it? And its really worth but i need more if i can.
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April 17, 2018, 11:56:26 AM
 #69

I would have invested 10k dollars last year when the market was less vulnerable to dumps, but now I would not be so risky..

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April 17, 2018, 11:59:33 AM
 #70

10k dollars are so really high so for me that's not recommended to do and the better for me to do is study first crypto then if you already knowledgeable do only just a little money for investing here because this is so risky so start by little then little again like 0.01 btc then repeat that again in again if you already earn and for me that's recommended

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April 17, 2018, 12:01:03 PM
 #71

There are so many examples when people earned very big money by investing only 500 bucks.You just need not be afraid and invest now is a very good time to do it

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April 17, 2018, 12:01:32 PM
 #72

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April 17, 2018, 12:03:58 PM
 #73

This is a large amount of money to invest with. Risky is always there in investment so sometimes though you have lot of resources to invest with need to limit the amount because we all know that the price keep on fluctuating. Good if the price is keep on increasing because tendency is a bigger profit also.
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April 17, 2018, 12:05:28 PM
 #74

Crypto is real and serious, so the most important thing in investing is time and choice of right coin. Most of the success depends on the understanding of the product and market, and also big economy fundamentals...
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April 17, 2018, 12:07:43 PM
 #75

It all depends on how much you are an experienced trader. If you are a beginner then definitely do not risk so. In the crypt, you can lose everything in a matter of seconds.

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April 17, 2018, 12:09:36 PM
 #76

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.

Everyone who wants to invest have reasons and have a target for their investment. $10k is big but to some people it is just a beginner, I know iPod people who invests over $100k into a single project.

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April 17, 2018, 12:11:27 PM
 #77

No matter which amount you invest, first of all you need to identify your strategy and investment time.


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April 17, 2018, 12:27:56 PM
 #78

Wow, personally I am to geedy to  invest such money, if we take those risks. You should choose at least 5 coins.
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April 17, 2018, 12:36:52 PM
 #79

never operate with such large sums of money to be honest and my maximum investment is $ 2,000.but if I could I would invest more
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April 17, 2018, 12:47:25 PM
 #80

Invest only as much as you can afford to lose - a simple rule, but true.
You can be a millionaire or loose 10k$, so what should you do?

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