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Author Topic: $1000 to spare each month, how would you invest it?  (Read 2363 times)
bitbunnny
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November 09, 2018, 08:32:24 PM
 #21

This is a decent amount to invest.
If I were at your place I would definetely invest in Bitcoin but not the whole sum. Diversifying funds is always wise decision.
So, for a while I would put about 2/3 of this sum to Bitcoin and the rest in something else. Like gold, stock exchange or some conservative type of investment where the profit is maybe a bit lower but it's certain.
I would closely watch how the market reacts and maybe change investment ratio or investment type along the way.

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November 09, 2018, 09:39:02 PM
 #22

Even I don't have that much salary every month, but if I have it then I only invest half in bitcoin. Anyway, to get a big profit, you really have to invest a large amount too, but we do not know what will happen the next day whether the market will be bullrun or not so we cannot estimate good profits every month from the investments we make.

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November 09, 2018, 09:48:34 PM
 #23

Don't bash me, but I would invest in an s&P 500 mutual fund like VFINX . Boring I know, but I think that BTC will go a little lower.

Consider the recent indictments from the FCC to EtherDelta. Unfortunately, this is only the beginning. On a side note, I can't believe they got off on a 400k fine. Lol. They are making millions. Good for them.

I think the highly speculative froth of 2016-2017 is wearing thin. Of course, I can say that, but doing it is actually harder. I am still hodling. I am not, however, putting more money in.

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November 10, 2018, 12:49:49 AM
 #24

That's good you are already invested in cryptos around $3000 and you not even to sell it when the price is only one third of the cost because you didn't get panic and knows the idea of patience. If you have excess of $1000 a month maybe you must study how to trade and become a daytrader or buy more coins when value is low.

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November 10, 2018, 11:58:23 PM
 #25

This is a decent amount to invest.
If I were at your place I would definetely invest in Bitcoin but not the whole sum. Diversifying funds is always wise decision.
So, for a while I would put about 2/3 of this sum to Bitcoin and the rest in something else. Like gold, stock exchange or some conservative type of investment where the profit is maybe a bit lower but it's certain.
I would closely watch how the market reacts and maybe change investment ratio or investment type along the way.

Yup im with this too. That is a very healthy amount to be playing with. I would
continue to do as i do now but on a larger scale.

Get more Bitcoin, Litecoin, Gold and Silver and to a lesser degree some collectables
and rarities to add to the pot. Obviously i wouldnt suggest putting it all into the one
basket, make a spread.

R


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November 11, 2018, 10:48:54 AM
 #26


What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?

Being honest, I think you should only invest in bitcoin to reduce the risks of losing money

The price of bitcoin is $6400, and may end the next year While the price has not increased more than  $7000, if this happens the altcoins will probably drop a lot and you will be left with many losses



That's also my thought. Honestly, some people are blinded by the fact that their altcoins will bring them a good fortune but what happened is contrary to their belief as altcoins gets dump more. Why not go with the strong and stabilize one and the fact that it can give you some hundred dollars by doing day trading.

Definitely, I'll go all in with bitcoin and enjoy my profit afterwards.

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November 12, 2018, 01:37:44 PM
 #27

Hey,


Looking to get some ideas from people so let me begin by explaining my situation:

- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?

You made a right decision in holding your coins and even you had loss 2/3 of your capital you can manage to lower your capital index if you will buy additional coins at cheaper price. I like your strategy and patience to wait for the best price to come. I'm sure you will get your profits soon.
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November 12, 2018, 09:48:29 PM
 #28

I believe this is a good time to buy because every major coin become their 1/3 1/5 etc. So they have a great room to grow. But I cannot really tell because we still are in a bear market, if bitcoin drops a little more altcoins will go down too. Check the market, decide yourself.
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November 13, 2018, 04:51:47 AM
 #29

do not use emergency funds for investment because this is wrong and look for other funds or additions that I often refer to as free money and this you can use for investment, my investment portfolio is bitcoin and some altcoins like ripple, ethereum, ADA and XVG, how much percentage of each of these coins depends on you doing further research and the investment is important and will not harm you in the future
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November 14, 2018, 05:02:36 AM
 #30

This will be more likely for you to decide, on this I mean will you want to make money on long or short term. But it could be good to play 50-50, investing one half in some safe and long term investments and one half in something that can be potentially good pick with some good chances to have good profit.
I will also say the same thing, best to divide the money 50/50 and go for Bitcoin. If there is no other investment you can go for, then you can save the other part of the money, there is no need to risk all in cryptocurrency. There are other investments just like real estate. A lot of people make money through that and that’s the next thing I wish to go for cause lots of my friends who are investing in real estate are really making it.
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November 14, 2018, 05:06:49 AM
 #31

Hey,


Looking to get some ideas from people so let me begin by explaining my situation:

- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?
Bitcoin is always the number one when it comes to this kind of situation.So I will advise you to invest your money in Bitcoin, cause when bull run comes, it is always sure for Bitcoin that the price will increase. Altcoins follows Bitcoin move and sometimes they don’t, and they might even continue to fall when Bitcoin is rising cause every investor will be focused on Bitcoin then, so invest maybe $1000 dollars in Bitcoin.
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November 15, 2018, 11:33:55 AM
 #32

Hey,


Looking to get some ideas from people so let me begin by explaining my situation:

- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?
Bitcoin is always the number one when it comes to this kind of situation.So I will advise you to invest your money in Bitcoin, cause when bull run comes, it is always sure for Bitcoin that the price will increase. Altcoins follows Bitcoin move and sometimes they don’t, and they might even continue to fall when Bitcoin is rising cause every investor will be focused on Bitcoin then, so invest maybe $1000 dollars in Bitcoin.
It is true that bitcoin has always been the right place to invest, but after yesterday's price decline, I think you will begin to feel hesitant to invest. If you feel confident to continue your investment at least do it with money without regret.
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November 15, 2018, 03:02:16 PM
 #33

Bitcoin is always the number one when it comes to this kind of situation.So I will advise you to invest your money in Bitcoin, cause when bull run comes, it is always sure for Bitcoin that the price will increase. Altcoins follows Bitcoin move and sometimes they don’t, and they might even continue to fall when Bitcoin is rising cause every investor will be focused on Bitcoin then, so invest maybe $1000 dollars in Bitcoin.
It is true that bitcoin has always been the right place to invest, but after yesterday's price decline, I think you will begin to feel hesitant to invest. If you feel confident to continue your investment at least do it with money without regret.
Starting an investment with a doubt, it's not good. Even though they use money which they relinquish when losses come. One day he will be disturbed by bitcoin price movements and begin to saturate with frequent volatility, so they come out with an angry heart and spread a negative issue to the people closest to him about investing in cryptocurrency. Actually, it's not something that we want, cryptocurrency must be recognized by everyone as a place for a decent investment for them. Eventually, trying hard to find out the ins and outs of cryptocurrency and then start investing so that there is no doubt that will make someone deceived in the future.

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.30+  ALTCOINS AVAILABLE..
onirecon2018
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November 16, 2018, 06:44:18 AM
 #34

My personal opinion is to choose 2-3 good altcoin and invest, keep a bitcoin part. Because your money is saving, you can determine your target profit without too much pressure.
RonF
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November 20, 2018, 12:22:45 AM
 #35

From the $1000 a month I would stash $500 in the bank and put $500 in Bitcoin.  Hodl and see where it ends up 1,2, and 3 years from now.

HODL is the key to wealth
drachman
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November 21, 2018, 09:53:30 PM
 #36

Hey,


Looking to get some ideas from people so let me begin by explaining my situation:

- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?
The strategy that I would use if I were in your shoes is that I will save that money and I will wait until the market crashed and gave me the opportunity to buy coins for a very low price, as you may guess if I had that kind of money I will choose this very moment to invest in the market, probably I will choose to invest in ethereum because for what I can see it is the coin that has crashed the most among the top coins.
bitcoindickson
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November 22, 2018, 12:18:03 PM
 #37

If I were you, I would only invest a portion of my saving into bitcoin (probably 10-20% of saving), because I don't want to lose everything overnight.
St4yInTh3D4rk
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November 22, 2018, 03:45:03 PM
 #38

If you just want to keep investing on the cryptos every month without cashing out in the near future then it will be the bitcoin for your preference or you can invest on the altcoins and do short term trading with it to make your profits in small intervals but it needs your effort also.

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[bustadice.
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bustadice]

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mwaqar17
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November 24, 2018, 07:42:17 AM
 #39

Hey,


Looking to get some ideas from people so let me begin by explaining my situation:

- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?

Well I would like to invest 500$ in some off line business, I will save 200$ in cash and would like to invest 300$ to buy BTC or BCH. By looking at the condition of your investment this is the best possible solution that I have for myself (if it is me).
There are chances that market will recover one day and you will recover your loss but it does not mean that you invest more and what if it does not recover early then your loss will be more.
rickadone
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November 24, 2018, 10:02:42 AM
 #40

If you just want to keep investing on the cryptos every month without cashing out in the near future then it will be the bitcoin for your preference or you can invest on the altcoins and do short term trading with it to make your profits in small intervals but it needs your effort also.
Honestly, for long term hold, bitcoin seems to be the thing. Sure, a lot of people may say there is a need to diversify, but as things are going right now, I still find it pretty hard to find altcoins to be diversifying into until I basically start seeing something substantial in them when it comes to the usage of their product if they have one at all.

Certainly, at this stage, the market is highly speculative and there is no doubt about that, but when it comes to having your mind at rest, even if you want to invest in altcoins, you should be putting more percentage into bitcoin and lesser percentage into altcoins you have basically studied to know there is a chance for possible future.
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