Tell me how to invest

[Sancho18]

Hi all,

Looking to invest $1000 in cryptocurrency. Could you tell me your suggestions about which cryptocurrency to invest in and what % ?

I was thinking maybe 50% bitcoin, and 5-10% in many other cryptocurrencies like XRP, Ethereum, Stellar, Cardano, etc.

Cheers

I will not be too original, for beginners in the crypt the word altcoin simply should not exist. Your investment amount is not too large to try to spray it into several directions, and since you are asking for advice here - just buy bitcoin (although if this forum was called for example noble_metals_talk.org - the advice might sound different, for example, "just buy palladium" or something like that).

[epis11]

Are you looking for a long term investment plan here? Then BTC is the most trusted cryptocurrency so far, if you plan to hodl your 1k worth of bitcoin for 10 years from now theres no doubt it can multiply your money to 5x-15x or even more based on the price history of bitcoin.

[Renampun]

Since you are asking us to tell you how to invest, I will tell you how. Buy Bitcoin. Just bitcoin. BTC. Nothing else.

there are 2 more coins that I think are good and are likely to follow developments in the price of Bitcoin,
Bitcoin Cash & Bitcoin SV these two Altcoins is Hardfork from Bitcoin, very good for investment in the next 5 to 10 years.

[coin-investor]

Hi all,

Looking to invest $1000 in cryptocurrency. Could you tell me your suggestions about which cryptocurrency to invest in and what % ?

I was thinking maybe 50% bitcoin, and 5-10% in many other cryptocurrencies like XRP, Ethereum, Stellar, Cardano, etc.

Cheers

People can give you a list of coins to invest but in the end, it's you who should decide on what coins to invest, this question has been asked so many times and this is a clear invitation for people to shill the coins they are holding or supporting don't take the advice right away check the accuracy of the information that the poster is giving you, and find out if the coin is just being shilled or the coin really has value in a long term.

[AlmazWin]

Since you are asking us to tell you how to invest, I will tell you how. Buy Bitcoin. Just bitcoin. BTC. Nothing else.

there are 2 more coins that I think are good and are likely to follow developments in the price of Bitcoin,
Bitcoin Cash & Bitcoin SV these two Altcoins is Hardfork from Bitcoin, very good for investment in the next 5 to 10 years.

A ecли нe paccмaтpивaть дoлгocpoк, нaпpимep в ocнoвy бepeм тoлькo oдин гoд?

[Velkro]

Looking to invest $1000 in cryptocurrency. Could you tell me your suggestions about which cryptocurrency to invest in and what % ?
I was thinking maybe 50% bitcoin, and 5-10% in many other cryptocurrencies like XRP, Ethereum, Stellar, Cardano, etc.

Im curious why? What do you know about Bitcoin, what do you know about XRP, Ethereum, Stellar and Cardano?
How people can come to such weird ideas? No idea really. Do you look only on various price factors? News coverage? For sure not technology.

[Polar91]

Hi all,

Looking to invest $1000 in cryptocurrency. Could you tell me your suggestions about which cryptocurrency to invest in and what % ?

I was thinking maybe 50% bitcoin, and 5-10% in many other cryptocurrencies like XRP, Ethereum, Stellar, Cardano, etc.

Cheers

If you don't know too much about how cryptocurrency market moves, I recommend to only invest it to Bitcoin, 100%. Altcoins' market is quite crazy for long term since they are too volatile thus riskier. On the other hand Bitcoin is more stable among them and almost all of altcoins are being affected when there is a sudden movement to Bitcoin.

[Fredomago]

Looking to invest $1000 in cryptocurrency. Could you tell me your suggestions about which cryptocurrency to invest in and what % ?
I was thinking maybe 50% bitcoin, and 5-10% in many other cryptocurrencies like XRP, Ethereum, Stellar, Cardano, etc.

Im curious why? What do you know about Bitcoin, what do you know about XRP, Ethereum, Stellar and Cardano?
How people can come to such weird ideas? No idea really. Do you look only on various price factors? News coverage? For sure not technology.

And the most important part of investing is knowing the business itself and the risks you're going to take. If you are willing to risk such amount of money inside this industry, you also need to invest your time and effort finding every single details that will help you become a successful investor.  You also need to consider the factors that will affect the coin that you will be buying as your asset.
Many investors have failed and end up very disappointed because they tend to rush things and not able to think properly resulting to unsuccessful investment.

You need to have a good combination of money management, emotional control and optimistic views inside the market that you are going to invest your money with.

[Sancho18]

Since you are asking us to tell you how to invest, I will tell you how. Buy Bitcoin. Just bitcoin. BTC. Nothing else.

there are 2 more coins that I think are good and are likely to follow developments in the price of Bitcoin,
Bitcoin Cash & Bitcoin SV these two Altcoins is Hardfork from Bitcoin, very good for investment in the next 5 to 10 years.

You are giving bad advice to a beginner. It would be worse than this only if you began to argue that forks are real Bitcoin. If you want bitcoin, buy the original bitcoin. If you do not want Bitcoin, it is very stupid to buy a fork of Bitcoin, in the hope that it will repeat the price fluctuations of the original Bitcoin. Even litecoin is more attractive for investment than forks of bitcoin (although it also has common roots with bitcoin).