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

[fullhdpixel]

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 don’t think you should be allowing your investment to drop that much, unless you are doing a long term hodl that is supposed to take years . You should have always have a target limit that you’re not going to let your money drop to, once it reaches that level you should withdraw it immediately. I can’t let myself lose more than fifty percentage of what I invested.As for the $1000 you have now , I think the best thing you can do with it is day trading, and that’s if you know how to do day trading .

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[Pnash234]

One has to be careful about crypto and also 1000$ is a much money to waste on project that would later scam you buy in happy I found one like ProBit since I started investing in IEO. I bought Farm2Kitchen F2K tokens in the IEO. Btw, I have a code to get extra bonus tokens. Message me on Telegram @pnash234

[miningguru]

If I got $1.000 to invest each month I would go all in on bitcoins, my goal would be to get first one whole bitcoins and then after that a second bitcoins also. Getting two bitcoins would with today's price take around one year if you invested $1.000 each month.

Bitcoin is always the best option for investing but you need to wait for it because sometime the price of Bitcoin will suddenly drop in the market. So you should be able to hold them for the long term instead of selling them for short term increase. My suggestion both the Bitcoin and ETH are very good for long term investment where you will make a decent profit if you manage to hold the Bitcoin in the long term.

[Kiweikoo]

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?

That depends, but I will prefer to invest that $1000 twice in Bitcoin and then the rest that I have to spare every month can go to other altcoins such Ethereum, Cardano, Tron, EOS and Stellar. These are the coins that are really promising this time around, I don’t know for others. Instead of you to waste those money in shit coins, it’s better to take the risk with the top coins.

[DeadCoin]

Take up day trading. Learn it and invest your $1000 into best coins after complete study of the coins' market move. Set up minimum profit. Learn how the market is moving with graphs and handle sticks. Learn more from sources available. Spend more time everyday updating/upgrading yourself. This will bring success/profits to your investment.

[Yaunfitda]

I really do hope that the OP has somewhat investment already because we are now in a bull-run. If he had accumulate and invest $1k prior specially at the lowest price of bitcoin and steady buying at around $4k price, then I'm sure by now he should be happy.

I hope he comes back and let us know after all the advises we gave him if he indeed had accumulated so much bitcoin by now.

[Blockchain Gold]

Bull run will not last for long so $1k will be soon worth much more in BTC as it is today

[Script3d]

First thing im gonna do is to build up my emergency fund incase when i need money i don't need to depend on others to survive, and i won't sell my investment at loss, if i already have a emergency fund i would invest 50/50 to crypto and stocks and i will diversify my portfolio.

[Timmzzy]

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?

$1000 Is a cool cash for investment, now we have the market back and IEO projects are talk of the town now I will definitely invest half of the money in a good project that I will make good research on.

[Timmzzy]

If I got $1.000 to invest each month I would go all in on bitcoins, my goal would be to get first one whole bitcoins and then after that a second bitcoins also. Getting two bitcoins would with today's price take around one year if you invested $1.000 each month.

I believe for a Month one can make more than $100, for example if holding and the market is quiet ok, now it should not be only hodling it but making use of it like to trade it for short term.

[wxa7115]

$1000 is too much for a start and every month is not okay for me. It is going to be a routine for you and it is not a smart investing. A smart investing is when there is a good opportunity to buy a cheap coin and not investing your money on the market because you need to. Start trading with $100 first so you can explore many options and strategies you can apply as well.

I disagree, people should begin to invest with whatever they can afford, if you can only afford to invest 10 dollars then that is fine but if you can afford to invest 1000 each month then that is a good amount of money to invest as well, however the most important thing before you begin your journey as an investor or as a trader is to learn as much as you can before you begin to play with your money.

If you do not take the time to learn then you will surely lose the money you are investing because you can be sure that there is someone that it is taking the time to study the markets as hard as they can and once you lose your money it will be very difficult to recover it.

[onrise]

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?

$1000 Is a cool cash for investment, now we have the market back and IEO projects are talk of the town now I will definitely invest half of the money in a good project that I will make good research on.

If people had invested in last month as well in btc they would have made 100% return in just 1 - 2 month of time where btc has moved from 3300$ to 8100$ in short span of time and also looking very good for the future rise. So stay invested and keep investing the spare amount whatever amount it can be which will give you great returns as well.

[logicgate]

If I got $1.000 to invest each month I would go all in on bitcoins, my goal would be to get first one whole bitcoins and then after that a second bitcoins also. Getting two bitcoins would with today's price take around one year if you invested $1.000 each month.

I believe for a Month one can make more than $100, for example if holding and the market is quiet ok, now it should not be only hodling it but making use of it like to trade it for short term.

  If you are talking about holding your money then it is not good because holding your money does not give profit but you will have to invest all your money even if they amount is only 1000$ but you should spend it on cryptocurrency it will increase your money and makes money for you, if I get such amount I will surely invest in bitcoin,

[Fivestar4everMVP]

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, so sorry for your loss but just like you said, if you are patient enough, you still recover them all back plus profit.

And back to your question, If I have 1000 dollars to spare each month, I will invest it all in crypto... Yeah, I know how that sounds but that's exactly what I will do

[aderidwan98]

I suggest you buy coins that are in the top 20 CMC, because coin coins have a bright future and the possibility of earning profits is also quite large

[blitzy]

I think day trading and GPU mining are the safest bets, though they are still bets...

Day trading will teach you skills you can keep with you and apply to any financial investment and even if GPU mining goes straight to 0 at least you still have the hardware. In a worst case scenario you're stuck with hundreds/gpus of GPUs and over wired warehouse at least you'll be able to either sell the GPUs or lease out your GPU power for deep learning/ai.

[FUD Expert]

If I got $1.000 to invest each month I would go all in on bitcoins, my goal would be to get first one whole bitcoins and then after that a second bitcoins also. Getting two bitcoins would with today's price take around one year if you invested $1.000 each month.

I could not agree more. Much more traders and investors have all their faith in bitcoin than in other altcoins. It's not bad to invest in legitamate altcoin project but I think there is a much longer wait because people is pushing bitcoin first to pump harder than in 2017. Altcoins are still weak and still don't see them recovering from half of their highest value.

[uneng]

If I got $1.000 to invest each month I would go all in on bitcoins, my goal would be to get first one whole bitcoins and then after that a second bitcoins also. Getting two bitcoins would with today's price take around one year if you invested $1.000 each month.

If you began to buy when bitcoin was at 3500 then you could have gotten those two bitcoins in only 7 months, unfortunately that price only lasted for around 3 months so at best you could have gotten one bitcoin but if you are a good trader you could easily multiply that amount of money during the rest of the year since I really feel that the price of bitcoin is going to become stagnant for a time and that altcoins are going to recover some of the ground they lost.

And it seems it has already began during the last weeks, most of the growth has come from bitcoin and while alts have grown too many of them were left behind by bitcoin but now that the growth of bitcoin has slowed down I really expect to see a renewed interest in altcoins.

Altcoins only rise because bitcoin is pushing them up. If you see bitcoin is falling, expect to see the entire market falling as well. If you invest in btc or main altcoins it doesn't make much difference, as they move up or down together. But it's important to say bitcoin is the true north of crypto space compass.
With 1000 dollars monthly, it's possible to make a smart investment involving bitcoin and eth, ltc, xrp, bch, maybe nem (50% btc, 50% altcoins). In my opinion we shouldn't only buy crypto to hodl, but also invest the crypto currency in something else, like lending business.

[buwaytress]

Here's a fact. OP's 1k back in November would have been in the worst month for years (sub 4000). If he had held on, it would be over 2.3k today. Almost break even.

More importantly, had he invested a further 1k each month since, he would be sitting on a lot more today and with plenty of room for growth.

We'll never know if OP took the advice as he never returned. But we do know this. Don't bet against Bitcoin!

[wxa7115]

I suggest you buy coins that are in the top 20 CMC, because coin coins have a bright future and the possibility of earning profits is also quite large

Buying coins that are in the top 20 is a good option but even those coins that have the highest market caps can move in a very abrupt way and if you do not really know anything about trading then you will lose your money, many think they can avoid this if they become long term holders but it is not as easy, long term holders need to endure years of losses and as we have seen during the recent past most investors that think they can handle it were mistaken and sold their coins at the worst possible time.

They sold at the lowest pion in the market thinking the market will never recover only to be proven to be wrong during the last months in which the recovery of the market has taken place.