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Author Topic: 500$ investment on altcoin  (Read 51369 times)
Granit0
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August 23, 2018, 04:22:53 PM
 #1021

If you add a little more than $ 100, you can purchase the Ethereum as a long-term investment. Well, if the Ethereum does not appeal to you, I suggest you look at EOS or Ripple. this is a pretty promising coin that offers a good solution for some problems.
Wicking
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August 23, 2018, 05:11:46 PM
 #1022


They're so many promising coins on the market that have a bright future ahead of them. However it's very difficult to go through the whole list on coinmarketcap as the list is endless. My advice is to pick out a few and really do your research on them. Do they have a strong team? Does the coin have real world use? Do they have good funding? Does the coin/token solve a problem that needs fixing? Are they active on github? Does the coin have a big community? These are just a few questions that are important to find the answers to. Personally if i had $500 to spend on anything at the moment i would be taking a gamble on Spectrecoin. Spectrecoin is a privacy coin that is implementing Stealth staking in Q1 2019. PIVX implemented stealth staking this year but their version differs to Spectrecoin. Spectrecoin has a very low marketcap at the moment so it has plenty of room to move. Is this a risky investment, yes of course it is. Spectrecoin's closet competitor is Monero. If you compare marketcaps of both the coins you can see the enormous room for growth with Spectrecoin. Coindesk recently wrote an article on Spectrecoin and the potential for growth. It is also worth mentioning that Spectrecoin sits in the Top 10 biggest ICO's by Return on Investment.

$ 500 is not much, but for someone it's a fortune. If it's money that can not be risked, then of course it's BTC, ETH, XLM - but you should not expect over profits. If You are willing to take the risk and increase Your investment, then pay attention to this coin - XSPEC. Do not invest more than you are ready to lose - the crypto world is unpredictable. Good Luck To You!
Mkpez
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August 23, 2018, 05:16:42 PM
 #1023

Do your SWOT analysis well
btcformula
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August 23, 2018, 06:14:42 PM
 #1024

BTC, ETH, ADA, STR, NIO are the perfect combination. Though it's we can't predict the future but I think for long term it may be a good choice.
saqwe
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August 23, 2018, 06:25:45 PM
 #1025

With this amount that you wish to invest in altcoin, I will suggest that you invest in ethereum, neo, eos or litecoin because they are very good coin for hold on long term. If you buy any of this coin now that the market is in dip and you hold for long term, it will yield reasonable reward by the time you decide to sell.
Azuliand
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August 23, 2018, 06:50:54 PM
 #1026

Well, with this amount of money I think it is necessary to divide it into 5 parts , to buy eth ,eos , etc , omx , btc , and most importantly, don't close them in the negative

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atariguy
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August 23, 2018, 08:15:54 PM
 #1027

The best solution for you is not to take any one coin, and make an investment portfolio. Choose coins from the TOP 20 and distribute the money between them. Then in the case of any force majeure you will not lose money and is guaranteed to earn 200-300% in the near future. Otherwise, investing in one coin, you can lose everything, any hacking or any other similar events and the coin depreciated.
hsdjdyt
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August 23, 2018, 08:32:27 PM
 #1028

I think you can choose different altcoin to invest, don't invest all of the $500 in the same altcoin. This is very risky and may cause you to lose all your money. I suggest you can invest in Ethereum or OKB.ACT
rasp
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August 23, 2018, 08:38:47 PM
 #1029

I want to invest 500$ on altcoin but I really confused on which coin I can invest and my investment will be long term. Please experts help me to choose altcoin to invest.
Why don't you try playing with alts that cost like 1-5 cents?
Just pickup one from the top of the list and try to make your first profit.
sergey1301
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August 24, 2018, 04:28:00 AM
 #1030

Offer these$ 500 divided into several parts (e.g. 10, 50$). And invest them in the top 10 crypto-currencies, focus (for example) on the coinmarketcap rating.
deredevil
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August 24, 2018, 05:17:28 AM
 #1031

Even though the capital you have is low, but with the fall of the crypto market price it makes you freer to choose coins. Even though you can't buy bitcoin or ethereum in large quantities. But at least you can buy other potential coins such as NEO, ESO, Waves, and there are more in number. The coins are very suitable for your purpose to invest money in the long run.

gorodskoi
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August 24, 2018, 01:12:34 PM
 #1032

Offer these$ 500 divided into several parts (e.g. 10, 50$). And invest them in the top 10 crypto-currencies, focus (for example) on the coinmarketcap rating.

This is a very bad idea.  You will not get a good profit.  It is better to invest in 2-3 of the most promising coins.
Prostotak
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August 24, 2018, 04:31:58 PM
 #1033

I want to invest 500$ on altcoin but I really confused on which coin I can invest and my investment will be long term. Please experts help me to choose altcoin to invest.
Try some money to invest in EOS and some money in NEO.  And hold these coins until next year.
Mery Gason
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August 24, 2018, 04:34:33 PM
 #1034

There are a lot of tokens in the crypto currency market, which are worthy of attention and worth investing. I invested in NEO, Ether and Monero
Golstrim
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August 24, 2018, 04:45:11 PM
 #1035

I would split this amount between NEO, ADA, Pchain, Quarkchain , Monero, Universa, Seele, NKN. Don't buy a lot of coins, but don't invest all in 1 shitcoin.
Better diversify risks, select some coins out of list stated above.

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Chooroz
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August 24, 2018, 04:47:18 PM
 #1036

I think you should choose a long-term investment. I would buy Etherium and NEO, 500 dollars - this is not such a large amount, then divide it into several tokens. Roll Eyes
For me $500 is a good amount of money and i think you should invest that on altcoins that is popular and always on top 20 alts on the market, and i think it is very good strategy to invest your money on nem and tron because there value can pump on short term.

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August 24, 2018, 04:50:24 PM
 #1037

Devide $500 to 5 parts and invest 100$ in 5 different new alts just come out to IDEX from "high" rated ICOs on icodrops and trading near ICO price. That coins have big chances to be listed on big Exchanges and make x2-x3 in near future

Sorry I keep learning about crypto, ICO and i do want to venture into trading. please what is the meaning of X2-X3?
rapsa2018
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August 24, 2018, 05:27:06 PM
 #1038

I think the good altcoins that you have to choose to earn a lot of money are in famous coin and should be that many investors are also buying so many people today.
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August 25, 2018, 10:39:32 AM
 #1039

I suggest looking for altcoin that costs under $ 10 / likely with your budget. Now, I see a lot of interesting people on Bitcoin Diamond BCD, maybe you can enter your money into it, because I believe this currency will rise in good price in the future.
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August 25, 2018, 07:41:06 PM
Last edit: June 04, 2021, 03:37:13 PM by hilariousandco
 #1040

I would advise you to diversify with your money that is split it into 4 or 5 and invest in different projects. You can look for coins that are already successful but their price reduced because of the bear market and invest in them. Check out coins like Tron, bitcoin gold, Wabi, icon, etc


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