$1000 to spare each month, how would you invest it?

[Jone-Bitcoin]

My Advice , dont put your eggs in one basket , diversified your activity ,get better experience in other field , i suggest to try affiliate business and promote it using reliable advertising network, if you know what are you doing and do small research for choosing the right product and good network then you can double this money .

[drachman]

With that ammount monthly I will settle for trading.  Learn it well and know when to buy the dip and sell the pump. I will also short Bitcoin,  trade it and make mote profit

First of all 1000$ per month is a quite lot of money and one should not risk all of it in trading. I would suggest to keep 50% in bitcoin and trade with the remaining 500$ with altcoins.

If he is ready to trade that amount of money then we need to respect his decision, 1000 dollars may seem like a lot of money but when it comes to trading that is not really that much money especially since the earnings that you are going to get are small, most of the time below 5% so you could trade for many days and at most get a profit of 50 dollars.

[Sadlife]

I would be cost averaging it, each week or each time the bitcoin price plummet i'll be buying using that money and diverging my portfolio on each altcoin that i see that has a potential to grow like XRP, LTC and XMR with my main money on btc. The crypto has still lots of potential ahead and blockchain technology is becoming a trend, institutional investors coming. I think it's wise to accumulate more while you still can but i dont have that kind of money.

[Kurt2019]

Im currently in a business which The trader makes up to .66% per day of all the money that goes into their trading account for 365 days.

[Kemarit]

Looks like the OP has opened this thread when Bitcoin was around $6000-$6500. But we all know what happened after that Bitcoin and the rest of the crypto's suffered a major downturn so I assumed that the OP has lost again after the massive drop but I do hope that he/she is still holding and wasn't disappointed specially that the fall was partly due to the BCH hash war.

Anyways, for me Bitcoin is still the best investment out there and probably get some Ethereum or XRP as plan B, just continue to accumulate as much as you can but don't do short, just HODL and I'm sure that one day you will be happy that you made that decision.

[maydna]

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?

I will use $1000 each month to invest in many coins. From $1000, I will divide into 3-5 coins and hold because that is what we can do in waiting for the market rising again. But I don't use for investing only, and I will use some of the money to trade because I see we have a good chance to buy and sell if we can choose the right coin. While we invest and hold the coin, we can check and analyze every coin in the wallet and see the price, if the price can get a pump or increase double than the last price we bought, then we could sell some amount to take the money back. But this is only if you have skill in trading, don't do this if you only want to invest and hold the coins.

[glowing10]

My Advice , dont put your eggs in one basket , diversified your activity ,get better experience in other field , i suggest to try affiliate business and promote it using reliable advertising network, if you know what are you doing and do small research for choosing the right product and good network then you can double this money .

It has to be this way as diversification is a must and should be bought some good altcoins which will give good returns and grow when the markets rises. It should not happen that bought worthless coin and lose out money in the end. Keep on buying at every dip so that you can make the most of it.

[UserU]

I didn't realize that this thread has already been outdated until I saw the wake-up post.

[Sengoko]

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?

If you still have the $1000 dollars in crypto then I will advise you to leave it there. Analysts has claimed this year to be the the year for bull run, around second half of the year there is likely to be a bull. So hold the $1000 and wait for the bull instead of selling it. There are still other things you can do with $1000 apart from cryptocurrency.

[MFahad]

My Advice , dont put your eggs in one basket , diversified your activity ,get better experience in other field , i suggest to try affiliate business and promote it using reliable advertising network, if you know what are you doing and do small research for choosing the right product and good network then you can double this money .

Yes, so if OP has $1000 each month to enter in crypto currency, i would suggest him to buy different coin each month with 1000$ and hold them for long term. While choosing the coins, you can select from from 10 or 15 coins as these the coins which have more volume and are listed on good exchanges.

[bitbunnny]

It's nice monthly sum to invest but you should be very careful where you will put your money. It's golden rule not to invest exclusively in one asset so not to put all eggs in one basket to minimize the risk of potential loss.
If I was at your place I would put half of that in cryptocurrencies and the other half in some investment tied to fiat money. When I'm talking of cryptocurrencies I wouldn't waist time on different ICOs but put everything into Bitcoin and Ethereum. But that is only my opinion.

[bitgolden]

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?

Instead of relying on cryptocurrency alone, I think you should also engage in other investments such as real estate and stocks. Cryptocurrency is good, but at times it disappoints you, so you need something else to also rely on. You can invest $5000 in real estate (uuhm that would be a shared property) and also invest in stocks, the rest can be going into cryptocurrency.

This way you wouldn’t have to put all your hopes in crypto and be overly concerned when the price drops. It can help you have patience too as you also have other means of getting profit.

[Thanasis]

I will say invest 70% of your total capital into crypto currencies and remaining 30% into something more staler value and high liquidity then you can convert them into fiat when you are in emergency.Buy bitcoins with the allocated amount of capital for crypto investments and then start trading with few funds from it.

[imstillthebest]

first of all i dont expect to have that kind of cash because it seems impossible based on the status of my life . some can have it if they are rich and if ever you will invest it , i suggest that invest only half on cryptos and half on stable assets  . in that way you can minimize the risk and you can still earn if ever the crypto market wont recover for a longer time  but im not saying that investing it all on a single random crypto .  of course you must only consider the top coins ( i.e btc ,  ada , xmr , etc ) and you must diversify  or spread it  in an equal manner   

[greeklogos]

I would share this 1000 between some cheap but promissing. That way I would increase chances to get profit from this investment.

[@prashant]

if you have 1000$ then save half of it in bank and invest half of it in new promising project and dont not expect of return in few month ,just go on investing spare money like this way then after few years you will have cash as well as good profit for yourself.it doesnt matter if your investment in crypto or not just keep investing half way but it is preferred to choose crypto as you can receive more profit in less time than other investment.

[guoyu78]

Just by following diversification principles, anyone could make use of $1000 more effectively every month. If we have regular capital to invest with cryptos then I am sure we can be millionaire in very near future itself. We must keep on buying bitcoins and few other major coins and token (so that we are ensuring diversification with our investments).

[sana54210]

Before you start to invest in cryptocurrency you should make plans on how you’re going to invest in it. people here always recommend to go for bitcoins as bitcoin had never disappointed them when they are sure about long term holding.

First you start by deciding what kind of cryptocurrency you will like to invest your money and what type of investment you’re after, whether it’s short term, medium to long term. Like some experts do say the longer it has been in the market determines how trustworthy it is. So starting with Bitcoin is not a bad idea, especially now the market is down to a cheap price.

[iMark]

My Advice , dont put your eggs in one basket , diversified your activity ,get better experience in other field , i suggest to try affiliate business and promote it using reliable advertising network, if you know what are you doing and do small research for choosing the right product and good network then you can double this money .

Thats good idea, $1000 is big capital if you issue it every month, you have to divide the money into several commodities,
maybe in some crypto, or other comodity. the most important thing is not in one basket. I myself will choose Bitcoin, Ethereum, XRP and gold

[Ridwan Fauzi]

Currently I have a business even though it hasn't developed yet, privously I decided to do business because I got profit from bitcoin when I invested in October 2017 and sold it at the end of December.

Until now, I always collect from the results of my business to reinvest in cryptocurrency because I know this year the price of cryptocurrency is still at the lowest price. If I have a capital of $ 1000 I will invest in bitcoin as much as 50% and the rest I will buy ETH or BSV as much as 30% and 20% of the total capital I will save when I needed.