Newbie looking for advice

[gentlemand]

10%XRP and 10% NANO

This doesn't make sense and it's not very diverse. You may as well spread across the top 10 or 20 coins if your heart is set on doing this and the fees are reasonable. Most people who got wedded to only one or two projects wind up getting fucked.

[tinyteapot]

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

I sympathize with you for your altcoin trading loss but that does not mean that all altcoins can definitely put your trading at a loss, i will advise you not to put all your funds in one coin but to diversify your investments.

You can invest 50% of your total funds into btc and spread the rest into other carefully researched  altcoins.

[yulionoo]

I think you have taken a good step when you have thoughts of selling things that you don't use, and come back to buy crypto, even though you have little ability to buy.
in my opinion if you are a student and want to focus on investing for a long period of time, maybe buying btc is right for you. in my opinion Altcoin is not suitable if used for long-term investment, many people have failed with altcoin when they make long-term investments, including myself. it's better for you to make everything in btc, because in my opinion bitcoin is less risky than altcoin if used for long-term investment. and I'm also sure that the future of bitcoin is getting brighter.

[cryptoangel]

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

I sympathize with you for your altcoin trading loss but that does not mean that all altcoins can definitely put your trading at a loss, i will advise you not to put all your funds in one coin but to diversify your investments.

You can invest 50% of your total funds into btc and spread the rest into other carefully researched  altcoins.

Obviously, Your suggestion will helpful for beginners, But many peoples are expecting a quick profit so they can invest any one altcoin and finally loose the money. My suggestion also we can invest both Bitcoin and altcoin, so we must concentrate the two or more altcoins. All the huge volume coins are good growing altcoins in cryptomarket.

[Sadlife]

Hello all;
I used to have a little btc which sold and use in 2017-2018 , i had lost a good portion of it trying to profit trading with altcoins (bad option).
Now a days i dont have any crypto as i have used the crypto i had in 2017-2018 as my principal funds, i spent it on good and cash out the rest ( a little at a lost but i needed that money) as a student ive used it as my principal money.
Last month i spent my lasts sathosis, owning now 0.0000

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

Maybe selling goods i dont use i can buy a little more..
Ive spent some of that crypto in collectibles which maybe i sell here

What do you think people? go all in btc or diversify a little on alts?

Thanks in advance

0
you can take long term?if you do then Go for ALL IN BITCOIN as we are near Halving and 4-5 months of waiting is enough to make a profit,that 300$ may be double or if lucky then its more than that.
though you can side bet to some altcoins like Ethereum and EOS since these two has a big potential soon and the advantage of having low price now,but in the end?its your choice that will happen

10%XRP and 10% NANO

This doesn't make sense and it's not very diverse. You may as well spread across the top 10 or 20 coins if your heart is set on doing this and the fees are reasonable. Most people who got wedded to only one or two projects wind up getting fucked.

but OP only has 100-300$ budget and i think spreading for 10-20 currencies will give him smaller chance of earning IMO

[boyptc]

If you don't have bitcoin left I would choose to buy all in with bitcoin first. And if I think that I had enough already that would be the time that I'll spend money for alts.

Don't pressure yourself, keep on accumulating and keep on following that strategy of cost dollar average. You are in good hands if you have all in bitcoin.

[jhonjhon]

Some altcoins are also doing great these days so if you are brave enough to risk your money then it'll be fine but if you wanted to be on a safer side then I would suggest to invest in crypto instead because even though bitcoin is very unpredictable but it has tested and proven by many to be the safest to invest to and risk you money with.

[wajik-tempe]

Some altcoins are also doing great these days so if you are brave enough to risk your money then it'll be fine but if you wanted to be on a safer side then I would suggest to invest in crypto instead because even though bitcoin is very unpredictable but it has tested and proven by many to be the safest to invest to and risk you money with.

Even bitcoin is not safe because our wallet is hackable of we are not careful in this cryptocurrency world. I think we have to just invest money that we don't need in near future because if we stake our money that we need for daily needs we'll have a bad time because we will always look at the market and that habbit will make us panic and lost our investment. So, the best way to invest in crypto is having a mindset of nothing to lose, so we'll be safe in terms of mind.

[Capt00]

Bitcoin is a very good investment because it can give big profits once the price is high but it is very risky, the price is so unpredictable and it is not right away that you will get profits so I would suggest you use your spare money to invest or the amount that you can afford to lose. Though we are all expecting a bull run it we don't know when will it happen so if you invest all your remaining money it might only stress you out but if you are determined enough then go ahead and invest ay your own risk.

[peter0425]

If you don't have bitcoin left I would choose to buy all in with bitcoin first. And if I think that I had enough already that would be the time that I'll spend money for alts.

Don't pressure yourself, keep on accumulating and keep on following that strategy of cost dollar average. You are in good hands if you have all in bitcoin.

supporting this because as a starter(thats you because you are in the next start up from the failure in past)Bitcoin can make your dollars more safer than altcoins and maybe consider diversifying in future but now?just hold bitcoin and decide what to do when you have doubled your money already .

[logicgate]

Go on, invest it in bitcoin if you have the money or if you are too eager to buy it, you can diversify a little if you plan on holding some of your altcoins too.
I suggest you find a part time job for your personal expenses and avoid spending your bitcoin to anything. Long term investors are aiming to hold their token specially bitcoin when the right time comes for selling.

If OP still studying then long term might not happen again as he might still use it, if he is in need, he really needs to expand or add cashflow in him so he'll be able to sustain his need without using if ever his investment. Having part time or I suggest half of it's budget now to be intended for investment in bitcoin and half for emergency fund so he still have some savings if ever the market is not in good condition, he don't need to be at loss.

The best way to earn and keep safe his investment is to have a part time job that would really sustain to his financial needs. Even if he was still studying, he can have a part time job or be a working student so that he will ensure his investment without taking some of it since the market is too volatile.

  In order to have constant source of income either he shall go for day trading or some part time job. If he finds day trading hectic or stressful, then what you have suggested is great option for him. There are many companies or cafes etc which offer special student packages’ with less hours of work. In this way he can also save money for further investment into profitable crypto currencies.

[gentlemand]

but OP only has 100-300$ budget and i think spreading for 10-20 currencies will give him smaller chance of earning IMO

Spreading your bets makes the most sense with a scene as flaky as this one. Two alts is not diversifying. That reduces your chance of earning as you're only exposed to two when other may be exploding. XRP is slowly being exposed as junkier than ever. Nano has shat the bed quite stunningly compared to some others, but they've all been stunning.

Like I said it depends on the fees. If they're too high buying and withdrawing multiple coins then it's not a goer.

[stomachgrowls]

But after doing some research and thinking a lot im reconsidering to buy a little (like 100-300dollars) and hold it.

I sympathize with you for your altcoin trading loss but that does not mean that all altcoins can definitely put your trading at a loss, i will advise you not to put all your funds in one coin but to diversify your investments.

You can invest 50% of your total funds into btc and spread the rest into other carefully researched  altcoins.

Obviously, Your suggestion will helpful for beginners, But many peoples are expecting a quick profit so they can invest any one altcoin and finally loose the money. My suggestion also we can invest both Bitcoin and altcoin, so we must concentrate the two or more altcoins. All the huge volume coins are good growing altcoins in cryptomarket.

Most likely and this is where mistakes do happen.People arent really that patient enough to consider on putting money into those slow pacing or moving coins
but rather they would check out those alts which do have low cap and then hoping for 1000x multipliers and making hell of a profit on crypto boom but we do all
know that this isnt always the case that do happen yet bull times wont easily happen into these years and upcoming.Diversifying your $300 to crypto into various coins is quite not really worth.

[Beparanf]

If you don't have bitcoin left I would choose to buy all in with bitcoin first. And if I think that I had enough already that would be the time that I'll spend money for alts.

Don't pressure yourself, keep on accumulating and keep on following that strategy of cost dollar average. You are in good hands if you have all in bitcoin.

supporting this because as a starter(thats you because you are in the next start up from the failure in past)Bitcoin can make your dollars more safer than altcoins and maybe consider diversifying in future but now?just hold bitcoin and decide what to do when you have doubled your money already .

Some are newbies are impatient so they'll be needing some amount to use in exploring than just in waiting. I bet half for BTC for holding no matter what and half can be allotted in alts for trading than  shows potential pump in that period so he can still have some circulating capital assuming he is starting to knows how to trade and earn even small amount in each trade he'll be doing. Since we all know how boring it is to just wait and still don't want to add more capital.

[boyptc]

If you don't have bitcoin left I would choose to buy all in with bitcoin first. And if I think that I had enough already that would be the time that I'll spend money for alts.

Don't pressure yourself, keep on accumulating and keep on following that strategy of cost dollar average. You are in good hands if you have all in bitcoin.

supporting this because as a starter(thats you because you are in the next start up from the failure in past)Bitcoin can make your dollars more safer than altcoins and maybe consider diversifying in future but now?just hold bitcoin and decide what to do when you have doubled your money already .

Many newbies made a similar mistake of not purchasing bitcoin while they can at a very low price. And now that it's starting to go up, it shouldn't be ignored until they see it at the high price because they'll think that it's too late for them already.

It's the basic strategy that everyone has been doing ever since, buying and holding bitcoin.

[blckhawk]

Altcoins are generally more risky, there are tons of altcoins available in the market, and very few of them offer and has promising status in the market. You could diversify about 20-30% of your total fund to alts but the rest is much better with bitcoin. Its much safer even with the volatility, if you're a long holder, and you won't worry as much it going off the market, and bitcoin is much more resilient to manipulation and dumps.

[Reid]

Add more if you are holding although that is a good start.
Maybe you could spare some with every salary that you will have from your job.
Something like a savings which will go directly to bitcoin.

I wont worry much if you will be a holder. There will be a time that you will not regret what you did and somehow just imagine if you had added larger than what you have now.

[shurcat]

At the end of the month i will put 100-300 dollars and 80% will be for btc.
I regret those times when i had crypto, if i had more money i wont needed to cash out and spent it. Now is time to start again, only a little 100-300$ because i cant afford to loose more, but my plan is to hodl that 100-300$ for at least two years.

[2double0]

Buy BTC alone because BTC will either drop or drive up but till it stabilizes, I don't think that trying out alts is good. With all in, if you mean that you are going to put the money you may need in future, then please don't do it. Any amount of money that you can just set and forget BTC with and you can afford to lose 'not in full but some percentage' is what I would advice you to invest.

[Experia]

You can go for an alts if you want but if the bull comes those alts will left behind, I suggest to you to focus on btc because you once been fooled by alts in the market, you better go with the high potential coin in the market which is btc all you have to do is to wait and have a patience on the market to come.