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Author Topic: Beginners with small amounts of money  (Read 554 times)
neo444
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August 09, 2018, 12:40:05 PM
 #101

If you are patient you can put your money in your bitcoin and you can sell your btc when the price of bitcoin be over 20k$
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August 09, 2018, 08:23:54 PM
 #102

First rules of make money is getting into the flow or follow the basic investment rules i.e. buy in low and sell in high.
If you see the candlesticks chart of Bitcoin or any other coin/token then you will see lots of price up and down cycle, so basic rule of multiplying of your money (whichever amount you have) is follow that cycle and buy or sell according to that. But before identifying that when buy or sell you need to do a lots of research or study and you will understand it. As per my opinion this time is best time to buy.
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August 10, 2018, 01:49:17 AM
 #103

First of all, you have to understand in every investment there is always have a risk, so just invest from your secondary capital not your main capital.
If you okey with that you can keep going

... But with a small amount of money, how should I start and should invest in Bitcoin or another coin. Hope people show me a reasonable solution
Thanks very much.
The answer is bitcoin, because it more safer and stable than another alt coin. Because of that bitcoin is suitable for long term investment.
But if you want to try for short term investment you can choose alt coin, there are many good alt coin, you also can check the other 10 top coin at https://coinmarketcap.com if you would invest to another alt coin.

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August 10, 2018, 07:46:26 AM
 #104

If you are patient you can put your money in your bitcoin and you can sell your btc when the price of bitcoin be over 20k$
One advice that's good for newbies but with small amounts, I don't think that they'll be happy to see such gains for bitcoin but if their total investment isn't so high.

Start trading with altcoins through a good exchange like binance and grow your small amount by buying altcoins and wait for them to grow with few percentage and sell them quickly to gain.

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August 10, 2018, 08:19:10 AM
 #105

With a small amount of money, you can invest in BTC, the profit you bring is very large at the moment. But with the money too small, I recommend investing in EOS and NEO is more reasonable. For more information, you should visit https://www.finstead.com/bite/best-cryptocurrencies-to-invest-August-2018.
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August 10, 2018, 08:27:16 AM
 #106

What do you want out of your investment? Long term growth? Short term?

I'm oversimplifying things here, but if you're going for a long term investment, Bitcoin would be the way to go. If you want ti multiply your money quickly, you should look into some relatively new alts which have better short term potential than Bitcoin.

But yeah you should start with the fundamentals first. This isn't like the stock market where you could sign up for a brokerage service and be done with it. Cryptocurrency exchanges generally work the same way as them, but they're quite notorious for not being very secure. Make sure you do research into what you're putting money in. You can always ask questions here if the search function isn't being helpful.

yes, i totally agree. First, ask yourself those questions. But also new alts are not a short term investment (minimum 4-6 months).

Make a research, invest partly in Bitcoin or other altcoins like ETH, XRP, BCH, EOS, LTC, XLM, NEO, DASH.
OMG has a potential. Stellar this is a promising enough crypto currencyis has a full-fledged infrastructure, which allows to transfer funds through various assets. All participants in the system have equal access and rights, which attracts many investors. Recently, IBM announced that it chooses Stellar for its new project. Golem was created on the basis of Ethereum and is an open source protocol.

Diversify, don't invest only in one. Analyse - read the news, try new alts, which may cost 0,2-10$ but can grow faster than others. And don't think of quick money, go for longterm. Your patience will pay off.

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August 10, 2018, 08:34:29 AM
 #107

If you only want to invest a small amount of money, then Bitcoin is not for you, because it is very expensive, I have a coin to recommend it to you! BTM, this is a very promising coin!

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August 10, 2018, 03:15:07 PM
 #108

For a newbie you need guidelines...  Now what do you want to invest in?? There is long term trade and there is short term trade...  You will need good Crypto analyst to help you with coins that are good for long term investment and now in this bearish market is the best time to buy any coin..  Wishing you the best.

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August 10, 2018, 07:55:51 PM
 #109

You can buy some undervalue coin with good protesial for long-term. Then you will get good amount of profits.
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August 10, 2018, 08:13:23 PM
 #110

I wanna to advice you invest in BTC/ETH and 2-3 interesting altcoin projects. But you should have 500-1000$ to start, if you didn't have you can start from bounty participating

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August 11, 2018, 09:40:54 AM
 #111

If only a small amount of money should be invested in Bitcoin in a short time, wait after the bitcoin price increases you sell it and invest in a lower coin value.
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August 11, 2018, 10:58:56 AM
 #112

You can use your small capital to start investing in relatively low-value coins but with great potential, after a period of accumulation, you should focus on investing in Bitcoin.
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August 11, 2018, 11:47:52 AM
 #113

Bitcoins are discounted so much so you should invest in low-value coins but the big potential, the more chance you make more money when you try the new growing coins.
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August 11, 2018, 11:50:20 AM
 #114

A small amount of investment is more suitable for buying altcoin, because they can get higher returns in a short time, and the investment amount does not need to be too big!
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August 12, 2018, 02:40:19 AM
 #115

Hello everyone
After a period of research into the virtual currency market, I now want to invest in this virtual currency market. But with a small amount of money, how should I start and should invest in Bitcoin or another coin. Hope people show me a reasonable solution
Thanks very much.
yes! you should invest your small money in bitcoin because it is safer than other coin. but be patient about your small money, because bitcoin is suitable in long term investment.
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August 12, 2018, 07:26:07 AM
 #116

May be, it can be more effective if you invest on "cheap altcoins or legit ico project , instead invest on bitcoin.
Now bitcoin price is still very expensive to buy, and the price is still falling, It feels very difficult to make a profit.
But it's different if you invest on legit ico or cheap altcoin, the price may still increase dramatically. In some situation that I've seen before, many peoples gained benefit more than 10x of their fund they were invested.
But be careful, most of icos are scam projects. Always do your own research before invest.
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August 14, 2018, 03:11:27 PM
 #117

Price movements of digital currencies are important to be known and monitored at all times, especially for people who do digital currency business.

Monitoring Bitcoin prices is useful to find out which time to buy Bitcoin or to sell this digital currency.

Monitoring the price of digital currencies must be done every day even better at any time because of digital currencies such as gold or stocks whose prices can change quickly.

By monitoring the movement of Bitcoin prices it will not miss a golden opportunity to sell Bitcoin at a high price.

Different if you never monitor price movements, it is certainly difficult to find the right time to buy or sell Bitcoin.

Digital currency that is bought or sold at the wrong time will make business owners only get little profit or even experience losses.
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August 14, 2018, 07:59:52 PM
 #118

This is the ol' direct investing vs mining discussion.

Direct Investing
Advantages: Potentially quicker ROI, Easy to liquidate
Disadvantages: Finite amount of returns, No physical value

Mining
Advantages: Potentially unlimited returns, Physical hardware will always have some monetary value
Disadvantages: Potentially slower ROI, Not easy to liquidate
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August 15, 2018, 03:12:11 AM
 #119

if you are a started then you should really do a lot of reading up on bitcoin and all the other digital currencies around, just to get a better understanding and to work out a game plan. this will help keep you in focus and not to panic when someone says that the bitcoin is falling or get over the moon happy when someone says that the price went up - just stick to your plan. For beginners with small amount of money I would suggest then to choose the best investment that you can afford or to save a bit more if you  feel that another coin is more profitable.
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August 15, 2018, 09:10:56 AM
 #120

Mainframe, Steem, eth... Always check projects that have great backings and still a running project..  Eg Steem is a blockchain on its own..  Alot of ways to mine Steem and also for free, which is Steemit.. Just calm down and check the top 10 Coins on cmc stated by a commenter...  All the best.❤

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