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Author Topic: Just got a little extra money and want to invest in crypto, should I?  (Read 4508 times)
btcmaster999
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September 06, 2018, 02:06:00 PM
 #101

Before investing money, you have to know about the risk of cryptocurrency. You may lose the whole money and for that you have to be prepared.
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September 06, 2018, 02:24:43 PM
 #102

You should be updated about the price of crypto. Now the price of bitcoin is very cheap. You can take this opportunity. Then when its price will rise, you can sell it and get profits.
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September 06, 2018, 02:37:43 PM
 #103

You must use your extra money in a way which should be beneficial for you and no other way can give you such benefits that you will get by investing your extra money into crypto.If you will invest smartly then for sure you can earn alot of profits very soon.So yes,you must invest in it crypto's.
Using spare money from this investment can be a wise decisions, when we say spare it can be forgotten so even it took some time before growth
start to showed up you can wait and not be bothered from anything that possibly can happen inside the market, read more about crypto market
and understand the risk factors, good catch is your spare money can bring you better fortune after some years.

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September 06, 2018, 02:39:59 PM
 #104

Yes , is a good idea and one other noteworthy things is while investing it will be better to invest in best Cryptocurrencies Bitcoin (BTC),
 Ethereum (ETH),Ripple (XRP) etc
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September 06, 2018, 02:51:25 PM
 #105

That little extra money of yours can be huge amount of money someday if you are just so determined to go into crypto investment no matter how risky it is for your money. It's a good and bold decision if you don't mind risking your money at all. Just make sure to choose the right crypto for you.

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September 06, 2018, 03:09:41 PM
 #106

Sure you can, moreover do deep analysis on what you are about investing in and how to take best decision cos proper awareness will be of advantage
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September 06, 2018, 03:57:45 PM
 #107

well I would say that it is a very wise decision but  if you are not sure about the market then it can cause problem for you so I would suggest you to be knowledgeable about your investment place
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September 06, 2018, 04:12:06 PM
 #108

Hi I just got some extra money and I'm looking to invest, I want to invest in BTC but the price is too high for me,  what do you think will be the next BTC
one you can buy low and make a good profit when it burst?


You don't have to own a whole bitcoin. Just buy a fraction of it and keep holding. You can't predict when the price will fall or rise, but you do know that in the long run it will eventually rise, so just invest and keep holding.
If you want to invest on altcoins, then make a list of trending coins. Analyze those coins and look for coins that are undervalued and has good potential. Invest on those coins. Don't go around asking suggestions from people since they will tend to be biased towards the coins they have invested.

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Crypto one
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September 06, 2018, 04:18:57 PM
 #109

I would always start my crypto currency journey in bitcoins, and when you buy bitcoins then buy them ove4 a period of a ;ew weeks or months, to get better price averages.
When you get your bitcoins then take them of the exchange and keep them in a save wallet, were only you got the private keys.
Buying altcoins can be a god way to get more bitcoins, but you can also take big losses in altcoins. I would never invest more than 20-30% of my portfolio into altcoins.
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September 06, 2018, 04:24:21 PM
 #110

Btc is pretty low now is the best time to buy ,don't let anyone decide for you ,make the decision yourself ,Btc has its ups and downs ,just make sure you are ready for that,buy and HODL ,simple as that

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September 06, 2018, 04:28:30 PM
 #111

You are at the right place at the right time. If you have got some spare money to invest in cryptocurrency then you should invest it in BTC now.
Now is the right time to invest in BTC since it has suffered from a long bearish trend and most of the crypto enthusiasts are hoping/predicting that the bullish trend is about to start soon. So I believe that you have entered the market at the right time.

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September 06, 2018, 04:36:47 PM
 #112

It is partly depends on your decision , but the most important thing is if your sure about this or not if are not sure then I will advise you to study the market first
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September 06, 2018, 04:46:27 PM
 #113

As it is possible to buy a fraction of BTC, I think investing on BTC will be a good choice than investing on ATCs. BTC has more potential to come back strongly than any other cryptocurrency available.
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September 06, 2018, 04:50:06 PM
 #114

As it is possible to buy a fraction of BTC, I think investing on BTC will be a good choice than investing on ATCs. BTC has more potential to come back strongly than any other cryptocurrency available.
Exactly! That is why if we have an extra money I won't doubt and I would immediately buy bitcoin nowadays, I won't let myself not having bitcoin I would choose to have it because I know its capacity and its worth in the future. Will we still doubt for it? We should not, we should be thankful we have this chance to buy more.
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September 06, 2018, 04:53:21 PM
 #115

I guess you should be on the lookout for alt coins that are being undervalued in the market at the moment. Grab some at a very cool price and relax for nice reward Smiley

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September 06, 2018, 04:54:03 PM
 #116

It is quite difficult to say which altcoin will bring highest ROI. You have to make your own decision about investing on ATC. But I guess BTC will be a better choice in this market situation.
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September 06, 2018, 05:07:29 PM
 #117

If you really want to invest on BTC, you can always buy a fraction of BTC with your affordable price range. Actually it is difficult to figure out which altcoin will be better to invest when you can invest on BTC.
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September 06, 2018, 05:09:59 PM
 #118

Afaik the buy point would be at the reversal trend, in bitcoin mostly. So the price level would be what analysts say and read in the charts. Some say 4000 - 4800. "3600 to 2400". There are some support levels which have to see volume and market participation. Krown (TA videos on youtube) would say to buy a little around 4800 level. Now, everyone has its level of confidence and risk taking.
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September 06, 2018, 05:11:07 PM
 #119

If you want avoid BTC then you can go for alcoins. There are several altocins options. The most popular one is Ethereum. Though its price is little bit of now still you can go for it as it’s safer option
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September 06, 2018, 05:12:02 PM
 #120

in my opinion, no matter how much money you have, just invest in BTC, because waiting for low price bitcoin like this is very cheap, then if bitcoin has recovered, you will enjoy the results ... I'm not sure to suggest you invest in another coin ..
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