Sahyadri
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January 24, 2020, 12:46:14 PM |
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For an year investment, trust only Bitcoin. Altcoins are good for higher returns as they are more volatile, but that's good for short term trade or even better day trading. For an year investment where you can't give enough attention to your portfolio. Invest in Bitcoin and forget. 2020 is expected to be a profitable year on whole. Just buy into Bitcoin instead of looking for diversifying using altcoins. That would increase the risk.
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Faxmate
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January 24, 2020, 01:47:56 PM |
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For an year investment, trust only Bitcoin. Altcoins are good for higher returns as they are more volatile, but that's good for short term trade or even better day trading. For an year investment where you can't give enough attention to your portfolio. Invest in Bitcoin and forget. 2020 is expected to be a profitable year on whole. Just buy into Bitcoin instead of looking for diversifying using altcoins. That would increase the risk.
yes you are right the long term investment is only suitable for bitcoin not for the altcoins because the price of bitcoin is very stable as compare to the altcoins, the investment of altcoins need a very great attention and you should be very regular to check the prices of each and every coins, but i think bitcoin investment is safe in this regard and you can do other works very easily.
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Sadlife
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January 24, 2020, 02:13:29 PM |
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The most probably best idea to raise it is to invest it and one the best investment out there is bitcoin, my advice buy in a lower price so when the price hits higher could just tell your sister/brother or father to cash it out. By that time you've raise money.
Also, out of curiosity dont the army pay you for being a soldier ? i think you could get more money from there.
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Triffin
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January 24, 2020, 02:57:12 PM |
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The most important thing in bitcoin is entry point aka the price at which one buy bitcoin. If we go back to March 2019 when this post was created bitcoin was around 4k$ and now its 8k$. One can see itself the return.
Yes that’s true the important thing is in bitcoin is time to buy and time to sell it. We are in modern age its really easy to know when to buy and when to sell. If you have mine it’s much better to invest that money in bitcoin and it will give you double profit after some time when you will decide to sell it. Bitcoin is much better to invest right now as till end of this year we will see profit from it for holding.
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Eugen225 (OP)
Jr. Member
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Activity: 138
Merit: 5
Through hardship to the stars
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February 17, 2021, 01:12:01 PM |
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Thanks to everyone who helped me then. I invested $ 1000 in Bitcoin and Ethereum. and my small capital has grown in 5 times.
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Sebas.tian
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February 17, 2021, 02:06:08 PM |
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After 3 months I will be in the army for a whole year. And I came to the conclusion that I need to buy something for $1000. This is not an important amount for me, but at the same time, I want to come home and with probability to raise this amount. I want to hear the opinion of experienced people, it will also be interesting to look at this topic in a year. Who advised what)
I will advise you to invest on bitcoin investment, since the price is still increasing to $100k, that can enable you to earn more than $1000k within three months. If really you are ready to earn something good from that one year, you are going to spend in army camp, than you need to focus on bitcoin and Ethereum investment and see what you will earn from that one year you will spend in the training camp.
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Sinjokubhi
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Sinjokubhi
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February 17, 2021, 11:45:50 PM |
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After 3 months I will be in the army for a whole year. And I came to the conclusion that I need to buy something for $1000. This is not an important amount for me, but at the same time, I want to come home and with probability to raise this amount. I want to hear the opinion of experienced people, it will also be interesting to look at this topic in a year. Who advised what)
Bitcoin is an opportunity for medium and short-term trading, because the increase in this currency can be used as a benchmark for the ups and downs of other currencies. I think BTC and it is a convincing currency to buy. Especially seeing the increase from Bitcoin which is now continuously increasing every day. Investing funds for the long term in the Bitcoin currency I think is promising when viewed again from this increase, but don't be too complacent about the increase. You have to think about the risks too, because the things that promise will also be in the risk phase later. I suggest that you don't buy just one currency, so that if one currency decreases in value, there are still other currencies such as Ethereum (ETH) or Litecoin (LTC) as backup. Choosing a currency to buy must also be considered carefully and you must be sure that the currency will later increase or even decrease. Stay confident in your ability to manage it.
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indo1
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April 25, 2021, 05:44:20 AM |
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I want to hear the opinion of experienced people, it will also be interesting to look at this topic in a year. Who advised what)
a year is a short time if you're a soldier, training and serving that long, and you'll see the $1000 you invest today grow in the next year. Suggest some top coins on coimarketcap. Right now I'm looking more at BNB and SOL, which has attracted a lot of attention lately, I think it's just the beginning and it's good to come in and hold for the next few years.
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Shasha80
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April 25, 2021, 06:52:08 AM |
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Bitcoin is the best option to buy now and in holding for at least one year, I believe that doing so will give you a profit. But maybe for the maximum profit you get, the $ 1000 capital you have can be invested in Bitcoin 50% and Ethereum 50%. Because if you get a profit from two coins at once, the profit you make should be much greater. Why did I choose Bitcoin and Ethereum, because both of them are indeed the two best coins until now, so it is really worth buying Bitcoin and Ethereum.
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Benefactor
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April 25, 2021, 09:00:42 AM |
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RARI and BNB is acceptable wonderful blend since it is potential and furthermore bring down the worth of this two coin and soon it will go to high esteem. The danger turns out to be less and less significant with the months passing. I would investigate put resources into a protection coin on the off chance that you are arranging a 1 year venture term. Likewise like ETH of high worth in days to come.
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SacriFries11
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April 25, 2021, 01:23:28 PM |
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Thanks to everyone who helped me then. I invested $ 1000 in Bitcoin and Ethereum. and my small capital has grown in 5 times.
Wow good to know that you followed the recommendation of crypto users which suggested buying BTC and ETH. You need to definitely hold it unless it satisfied you. You can also invest in top 3 cryptocurrency right now which is BNB. ETH already break again the previous ATH at $2.6k. I wonder how much it will go if you will not sell your capital along with your profit. HOLD is also the key. Congrats. Good to read this topic, the journey from your $1000 investment.
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cheezcarls
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April 25, 2021, 08:42:54 PM |
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If I were in his shoes, I would say Bitcoin or Ethereum. These two are much better for long-term results. In South Korea, men are required to spend 18 months in the army (previously 24 months), and I believe that they would be choosing either Bitcoin or Ethereum to buy and hold until their army tenure is up. I would also consider BNB as well for long-term investment, but they are not strong yet compare to Bitcoin and Ethereum.
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Tomtomwole
Jr. Member
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Activity: 78
Merit: 1
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April 25, 2021, 09:45:41 PM |
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honestly its difficult to say because no one knows what exactly what will happen in a year. but i would say you should put it into bitcoin , incase you come back from the training and its not a bull season you can conveniently with rest of mind.
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Ryker1
Sr. Member
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Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
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April 25, 2021, 09:55:47 PM |
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If I were in his shoes, I would say Bitcoin or Ethereum. These two are much better for long-term results. In South Korea, men are required to spend 18 months in the army (previously 24 months), and I believe that they would be choosing either Bitcoin or Ethereum to buy and hold until their army tenure is up. I would also consider BNB as well for long-term investment, but they are not strong yet compare to Bitcoin and Ethereum.
Well, that is right --bitcoin investment for a long term has a great potential that you will perhaps be folded your asset so many times, the word volatile will give you an opportunity to get profit in an easy way, but if you are in panic selling, you will most likely accept the fact that you have already lost. Ethereum and Bitcoin are my first priority in my portfolio and perhaps 30% of it is on new altcoins that has also a potential. However, you should always put in your mind that selling under the value where you have purchased is a suicide decision.
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martina14
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April 25, 2021, 10:19:21 PM |
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After 3 months I will be in the army for a whole year. And I came to the conclusion that I need to buy something for $1000. This is not an important amount for me, but at the same time, I want to come home and with probability to raise this amount. I want to hear the opinion of experienced people, it will also be interesting to look at this topic in a year. Who advised what)
I wonder how was your staying in the army for the whole year mate? because it is already done and now was 2021, perhaps, at this point of time you gained nicely because the price value of the some cryptocurrency got increased and pump, But anyway, I know for a fact that you achieve what you like to get and that is of course Bitcoin and ETH, Have a good day
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MIner1448
Member
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Activity: 938
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Tontogether | Save Smart & Win Big
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April 26, 2021, 08:23:38 AM |
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After 3 months I will be in the army for a whole year. And I came to the conclusion that I need to buy something for $1000. This is not an important amount for me, but at the same time, I want to come home and with probability to raise this amount. I want to hear the opinion of experienced people, it will also be interesting to look at this topic in a year. Who advised what)
It is best to collect an investment portfolio of 2-3 altcoins, and in any case there should be either ether or bitcoin, such a strategy always brings profit in the long term, all the more is it not allowed in the army to use smartphones? You will be able to adjust this portfolio every month, according to the market sentiment.
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JooBra
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April 26, 2021, 01:54:06 PM |
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Maybe looking to invest in some NFT project since the space is really hyped now. And with it's grow over the next year there should be some good options to invest in.
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bakasabo
Legendary
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Activity: 2366
Merit: 1196
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April 26, 2021, 02:10:07 PM |
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Maybe looking to invest in some NFT project since the space is really hyped now. And with it's grow over the next year there should be some good options to invest in.
"Great advice". But which one NFT should someone choose? Any NFT, that is distributed for free will do? The bad part of your advice is that it is easy to buy an NFT, but it is hard or even impossible to find a buyer for your NFT. It is easy to find a buyer if NFT you bought provides some advertisement features (like Time magazine first pages). But if this is a piece of art - someone must be as interested in art as you. If it is a digital product - then this wont grow un in price imo.
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Gheka
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April 26, 2021, 03:53:08 PM |
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Maybe looking to invest in some NFT project since the space is really hyped now. And with it's grow over the next year there should be some good options to invest in.
Impossible, when you know about their projects and hype, it shows that they are becoming more popular, everyone makes a lot of profit here will be impossible and NFT projects will start more scams, our investment is only meant to find the last opportunity and easily succeed with this trend, sometimes it will also be a futile exchange due to the unexpected or failure of the project. Formal projects that appear on exchanges will be easier options, a lot of the documentation here can become a reference and give us a project good enough to invest in.
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JooBra
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April 27, 2021, 05:49:46 PM |
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Maybe looking to invest in some NFT project since the space is really hyped now. And with it's grow over the next year there should be some good options to invest in.
"Great advice". But which one NFT should someone choose? Any NFT, that is distributed for free will do? The bad part of your advice is that it is easy to buy an NFT, but it is hard or even impossible to find a buyer for your NFT. It is easy to find a buyer if NFT you bought provides some advertisement features (like Time magazine first pages). But if this is a piece of art - someone must be as interested in art as you. If it is a digital product - then this wont grow un in price imo. I bought OMI like month ago since it is token connected to Veve app. Also they have a lot of licenses for NFT's like big ones like Batman, GM etc. I think it's best option in NFT space right now for some long term investment.
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