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Author Topic: A newbie with 100$  (Read 1234 times)
KiaKia (OP)
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July 08, 2022, 07:43:55 PM
Merited by VRExpress (2), MidNite36 (1)
 #1

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
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July 08, 2022, 07:47:34 PM
Merited by Welsh (1)
 #2

How long can you hold it in an investment for? If its money you don't need then it's better to invest then not but if you don't have much in assets you might be able to invest it elsewhere and get a more stable return (as crypto is still emerging imo).
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July 08, 2022, 07:50:31 PM
 #3

You can risk it, then invest it on bitcoin, that could turn $200 or more one day. But we are in bear market, never be deceived by any further downturn this time as bitcoin price has plummeted significantly.

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July 08, 2022, 08:02:39 PM
Merited by VRExpress (1)
 #4

There is no minimum anyway. Just expect a long-term hold right now just from how Bitcoin went down. Really a cheap price for me as of the moment if you would ask me, but the decision would still be up to you.
About if "that would get you anywhere", in a longer term, it is obviously yes.
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July 08, 2022, 08:06:24 PM
 #5

Investing $100 in Bitcoin is a good place to start, at today's price of $21802/BTC will give you 0.0046 btc. The way I see it, don't focus on thre dollar value but rather be focused on the amount of bitcoins you have stacked. You get a good feeling when you hodl a good amount of bitcoins. Buying today is a good investment because you would be buying dip should Bitcoin price fall down further you can still buy more and hodl
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July 08, 2022, 08:10:13 PM
 #6

If you are willing to be patient and wait, then you can safely invest in btc or eth. It is not known how long it will take for the bear market to change, but it is better not to tune in for a short period of time. Also, your $100 invested won't make you a millionaire, but it's possible to multiply them, which is also good.

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July 08, 2022, 08:13:54 PM
 #7

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
Everyone started small at one point, no matter with what in life. Building even something small will make a huge difference over time, if you stay at it consistently. Even small steps will make a huge difference over time, compared to just standing still. If you just wait till you already have a lot of money, you will never get there. And this kinda applies to everything in life, the bigger risk is doing nothing.

So yeah 100$ is a completely appropriate amount to start with. And then just find a monthly/ weekly amount you can afford to save into Bitcoin, then it will really make a difference over time and can better your financial situation a lot, if Bitcoin succeeds. So what matters is more what you do after having invested the 100$. But never forget:

  • Never risk money you cant afford to loose.
  • There are no guaranteed profits.
  • Understand what you are investing in, use this opportunity to really learn about Bitcoin, theres a lot of catching up to do.

Now about the current situation, the prices are down a lot, so its a good time to get into Bitcoin. And as a rule of thumb i would say, 4 years is the minimum amount of patience someone who is going into Bitcoin should bring with. And then you can evaluate if you want to continue or not. And if it was worth it or not.

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July 08, 2022, 08:24:31 PM
 #8

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
I think it solely, depend on how long you are willing to hold,  like jackg said, if its money you will be needing anytime soon, then i will suggest that you invest the money in some other place, if it must be crypto, then looks for a very legitimate, promising, highly undervalued altcoin and invest your $100 in, this is because investing $100 in bitcoin or Ethereum will likely not bring you any profit in a short term period, except you are willing to leave it for a very long time until the investment yield you some profit,  even for $100 investment in Bitcoin and Ethereum to worth $1000 can take forever, so you have to really sure of your decision.   

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July 08, 2022, 08:28:50 PM
 #9

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
yeah, it's enough, I mean you'll gain profit from it if you hold it long enough(that is if the price of the cryptocurrency you mentioned started increasing). between the two cryptocurrencies you mentioned, I would rather invest in BTC than Ethereum.

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July 08, 2022, 08:31:07 PM
 #10

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
The only way you can make any tangible amount of money with 100$ is to use leverage, But since you're a newbie i strongly don't recommend you go that route.
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July 08, 2022, 08:31:50 PM
 #11

For high Liquidity coins, $100 won't make any difference on the chart. About buying, it depends on you. Because it would double or more after a certain period. This means you have to hold till then. If you can't hold or can't afford loss then don't invest. Cryptocurrency isn't a scheme to make you rich over the night.

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July 08, 2022, 08:37:55 PM
 #12

Usually I suggest to divide money into different investments. But probably $100 is too small amount for it. If I would be you, I'd go with Bitcoin, now it's good time to invest. But when it comes to investing, there is more factors involved. Question, how long you're planning to hold Bitcoin and cash out profit.You shouldn't expect for fast profit. Yeah, it's bear market, but nobody knows how long it will continue.

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July 08, 2022, 08:48:29 PM
 #13

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
The only way you can make any tangible amount of money with 100$ is to use leverage, But since you're a newbie i strongly don't recommend you go that route.
Not your keys, not your coins. Even more advanced people shouldnt solely/ at all go into leverage, because you can also get into debt quickly. And the primary focus of a newbie should be learning and taking self custody, not getting some profits faster.

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July 08, 2022, 09:02:22 PM
 #14

As a newbie who have only 100$ to risk is this even enough?
Invest no more than you can risk, as simple as that. And $100 is not bad start at all, combined with an excellent time when you decided to buy.


Can this get me anywhere?
If you are asking whether this investment gonna make you filthy rich and sort you for life, then the answer is most probably not. That shouldn't discourage you from investing in bitcoin and turning to altcoins as that's the common newbie mistake, thinking that they are too late to make millions with few hundreds/thousands of dollars worth of bitcoin so they end up losing everything on some shitcoin.

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July 08, 2022, 09:14:26 PM
 #15

Most of the replies you will get here will be to buy bitcoin and not eth because altcoins are risky. Bitcoin is also a volatile asset, there is no guarantee your investment will double. Invest with the mindset that bitcoin is not a get rich quick scheme. Invest only what you can afford to lose. Should your $100 eth or Btc reduce in value will you be able to bear the loss?

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July 08, 2022, 09:25:52 PM
 #16

Most of the replies you will get here will be to buy bitcoin and not eth because altcoins are risky.
Its not just about this, but EIP-1559(burning of coins in transactions) already makes ethereum useless for newbies with small amounts, combined with potentially crazy transaction fees. Then we also have an upcoming merge to a flawed form of security with unknown consequences. And ethereum is even more volatile than Bitcoin. Its only argument is to be platform for shitcoins and jpgs that are stored on centralized websites. A weak use case. Theres not a single reason why someone should prefer ethereum over Bitcoin, and especially not a beginner.

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July 08, 2022, 09:54:52 PM
 #17

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
If you are willing to invest for the long term, I mean to invest it at least until the next bulls era after several years, I will prefer to choose Bitcoin. The chance to rise up much higher between BTC and ETH may be higher in BTC, ALthough this is not guaranteed, but commonlyBitcoin has better chance to rise up. But as otehr said that you must be ready witht he risk because investin in cryptocurrency means that you have been ready with all risks.

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July 08, 2022, 09:59:51 PM
 #18

Ethereum and bitcoin if we compare the two of these best coin to start your investment, then For now it's a good choice to have a BTC your 100$  is good for the start of your investment But you should always remember its better to invest and use our exist money because in the world of crypto we can not sure that every seconds our money will be grow. It takes long time to have a good profit.

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July 08, 2022, 10:12:46 PM
 #19

Most of the replies you will get here will be to buy bitcoin and not eth because altcoins are risky. Bitcoin is also a volatile asset, there is no guarantee your investment will double. Invest with the mindset that bitcoin is not a get rich quick scheme. Invest only what you can afford to lose. Should your $100 eth or Btc reduce in value will you be able to bear the loss?
Very good advice. $100 to some people is not a big money, but to some people it's like $1000. People are advising him to invest in bitcoin and wait. For how long will he be able to wait. Even if bitcoin moves from $21k to $42k, he can only be able to make $200 which is a very bad business, depending on how long it will take.

Honestly, if Op has some trading skills or if he can learn. Day trading altcoins with $100 will be a better option for him. He could get 1 to 5 dollars daily to add to his capital. By the end of 30days, he could double his capital if he removed greed.

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July 08, 2022, 11:28:31 PM
 #20

When I monitored the prices yesterday, I noticed that the movement of Bitcoin and Ethereum did not move far apart, but if you look at it now, BTC is more dominant which happens more often and the gap is huge. So if I were you I would choose the one who is always in the lead.

Your investment will pay off well if you choose it and hold on until the next halving comes ... You should also know the purpose of your investment, whether it is short term or long term. If you handle it long-term you won’t regret Bitcoin.

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July 08, 2022, 11:30:16 PM
 #21

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

This depends on your goal whether you want to focus on short or long-term investment.

$100 worth of ETH or BTC can go a long way especially if you consider investing it for long-term. Imagine, BTC reached an ATH of around $60,000 this year. Though its price may have been significantly reduced, the fact that it reached that kind of price implies that it may recover and pump again in the unforeseeable future. In the event that such happens, your $100 would be tripled- something that everyone wishes to happen.

This all boils down if that $100 of yours is something that you are freely disposable- meaning whether you lose or gain, it does not entirely affect your finances at all.

R


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July 09, 2022, 02:01:48 AM
 #22

I would recommend you go long term and HODL.  Also, hoping this is disposable income and the $100 is not something you need.  You can't go wrong with bitcoin, esp at the price it is now; however, if you want a little diversification, then I would say $60 bitcoin and $40 ethereum.
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July 09, 2022, 07:13:12 AM
 #23

One hundred dollars to invest in bitcoin is a good start, especially at such low prices as it is now. But it will bring profit if you regularly buy more, thereby increasing your wallet. And of course, set yourself a deadline when you want to make a profit. When holding for at least 4-5 years, investments almost always go in plus.

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July 09, 2022, 09:26:02 AM
 #24

Your investment will pay off well if you choose it and hold on until the next halving comes ... You should also know the purpose of your investment, whether it is short term or long term. If you handle it long-term you won’t regret Bitcoin.

Yep that is true for long term bitcoin is crazy great

for now if i were you i would invest 50$ first for testing is the crypto really one of your choice. small money actually good for a futures trade but i don't recommendation for non trader  Cheesy

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July 09, 2022, 09:32:45 AM
 #25

To be honest $100 wouldn't make many change even Bitcoin reach $100K, you may earn +$400 but it doesn't a big change IMO. If you think only invest with $100 and in few years you will earn $10,000 or higher amount, you're wrong. That's a shitcoins where you're praying for the CEO to not turn become a scam project.

Don't think Bitcoin as a tool to rich overnight, think as long term investment.

For the current price, You can get x3 if the price reach again the ATH or x6 if the price reach double ATH but if ypu play smart using that small amount, You can earn bigger rather than the possible profit I mentioned above.
Fees is worth to mention, fees to move your own wallet, fees for trading on the exchanges etc. Some exchanges also have a minimum withdraw amount and higher than $100.

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July 09, 2022, 11:29:29 AM
 #26

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
Make your mind first that you want to invest and be sure that are you willing to loose $100 in this market? Ask yourself first these questions and then you will be ready to enter the market or stay away from it.

Okay so now if we say about your $100 investment you will get the following amount of coins with it :

0.00459BTC - $21780
0.0813 ETH  - $1228

So you might be seeing that ETH is cheap at this time and you would get more coins but then there are many things on which you should focus that gas is so much high that you would spend relatively high amount for your investment also and then bitcoin is really good return investment for newbies.

But you amount is low that you would get double returns also of $200 when the prices are doubled for both of them so generally saying that if you can try to do DCA investment with small amounts monthly that would give you good returns.

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July 09, 2022, 11:32:23 AM
 #27

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

It all depends on what goal you set when investing your $100 in cryptocurrency. If your goal is to increase this amount by 3-5 times, then such an investment in ETH and BTC will be more than appropriate. If you want to increase your $100 by 100 times, then you should invest in new coins, but this cannot be done without experience and special knowledge.

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July 09, 2022, 01:23:53 PM
 #28

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

Yes it does and it always does, the bear market is the best time to buy, any amount of money will get you to profit provided that you HODL it long enough, this is how one of my friends change his life he bought $300 worth of Bitcoin and HODL for several years until it turns to $30k you need strong hands to realize this.

Although it's very different now than 5 years ago you still going to make a profit, it's advisable that you keep adding up your investment while we are in a bear market.

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July 09, 2022, 05:32:59 PM
 #29

$100 investment in Bitcoin will seem more like a tear drop in an ocean. On Ethereum, one could feel a little impact of that. Any of those two is okay because they're established and reliable cryptos. However, don't expect a great ROI on any of those two. Profit margin won't be as fantastic as it will be if the investment were in any altcoin. If your plan is to hodl long term without any stress or fear of loss, go for Bitcoin.


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July 09, 2022, 05:55:24 PM
 #30

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

It doesn't matter how much money you have, the main thing is what is your purpose in entering the crypto market. If you have enough patience, you can invest in Bitcoin Ethereum to keep your funds safe. Because no one can say how long it will take for you to make a profit, because it is important to keep long-term thinking in order to make a profit. Entering the crypto world by buying Bitcoin as a Newbie would definitely be a great choice.

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July 09, 2022, 08:09:16 PM
 #31

Can this get me anywhere?

Of course it can! It's just a matter of where you want to go and how long you are willing to wait for it. The most important thing is to set goals. The only way to know what you are working towards is to have a goal to aim for. For example, when I first started investing, my goal was to make 2000$ in the following year. Since I easily achieved my first goal, I set myself a new one.

R


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July 09, 2022, 09:14:52 PM
 #32

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
If that $100 is free money to rsi it is exactly enough, better than forcing yourself to add more amounts that are used for your daily needs or others.
Investing in Bitcoin will be more valuable, we have known how Bitcoin price cycles. This bearish season is the best time to buy Bitcoin and hold them. Holding Bitcoin will vary, someone may only buy and sell Bitcoin as usual for trading. But, you can also invest in Bitcoin by holding them for the long term. How long you will hold them will depend on your own purpose. If this is for the long term, at least you need to hold them until the next bullish era. Although this doesn't guarantee 100%, at least investing in Bitcoin is the most recommended during this bearish.

R


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July 09, 2022, 10:25:01 PM
 #33

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
if you want to hold for long term, it can get you ti somewhere. Because the bearish time doesn't mean that it's going to remain constant, because it's obvious that Bitcoin have some factors that makes bitcoin to grow. If eventually it enters long periods and it meet up bullish.

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July 09, 2022, 10:58:39 PM
 #34

In this bear market, does 100$ on Ethereum or Bitcoin make any difference?
Of course it does.

How about those that can't even start and have nothing? You're good as the old investors because you're investing just like everybody else. It's a good start for you. You may invest that money as long as you're okay letting it be there in the market for so long and won't think about the volatile that the market has right now.

As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
Yes, it's enough to start and it'll bring you far as much as you think about it. It's not only about the amount but also the experience and knowledge that you'll get.

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July 10, 2022, 12:30:54 AM
 #35

If your $100 is not very dear to you now, I mean if you don't have urgent need for it, maybe throughout this year, hasten up and buy btc. Don't buy btc and relax o, buy it and if you have spare $10, $20, $5 buying still as if you are saving it for a long term use. If bitcoin appreciates you won't regret it.

How about leaving the $100 till 2025 and see what will happen to it. Maybe it's what I will begin do. Have a dedicated wallet for any money I want to waste save for life. Maybe by 2030, I will see what will happen to it Cool

R


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July 10, 2022, 03:53:14 AM
 #36

I say $100 in ethereum would be good investment. Should turn 4-5x in same number of years.

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July 10, 2022, 04:00:15 AM
 #37

100$ is a good starting capital in your journey to crypto space. I know few people who started crypto with less than that and earned a lot of profit from it. Bear market is the best season to start in crypto in my opinion. We have lower prices, lesser pressure compared to bull market and projects that have weak foundation are starting to reduce so you have a less chance that you end up with them. It would be better to start with something small than nothing, You can gradually make a difference over the time.
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July 10, 2022, 04:01:13 AM
 #38

$100 is good enough.
While a bear market won't bring you any immediate profits if you're looking to invest, I wouldn't limit your chances of trying the best coins that give you a faster return. There are several "bluechip" altcoins that I think are worth investing in besides BTC and ETH, especially those based on smartcontrack which are now alternative networks like BNB, Sol, TRX, etc. Make an effort to diversify your portfolio and move them to a non-custodial wallet if you plan to hold it long term.

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July 10, 2022, 06:20:22 AM
 #39

Investing in cryptocurrency has no limit, with 100$ you can also invest in bitcoin, bitcoin is at a suitable cheap price to buy at the time of holding. Accumulating slowly is a good way for those with little capital, this month 100 $ and next month also 100 $...If you try to maintain it, your investment will grow more and more, just you need to persist in buying when the price is cheap and holding and waiting for bitcoin to rise again.

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July 10, 2022, 07:01:07 AM
 #40

this amount wont make a big difference because its too small, if 100$ is all i have id go for altcoin instead because they are more profitable and right now price is down 95% ......
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July 10, 2022, 11:51:50 AM
 #41

this amount wont make a big difference because its too small, if 100$ is all i have id go for altcoin instead because they are more profitable and right now price is down 95% ......
That is really small but can be enough for OP as a starter. That may be the only amount he can afford to lose ( as it was advised). But I don't think the best option is to go for altcoins as for me, having Bitcoin is the best choice to be made for him as a beginner unless he is already knowledgeable in the market.

I would say that it doesn't really matter of earning much or not out of $100 but what is important is that he is investing in the top and the most reliable coin on the market.  

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July 10, 2022, 12:46:12 PM
 #42

this amount wont make a big difference because its too small, if 100$ is all i have id go for altcoin instead because they are more profitable and right now price is down 95% ......

It's already more like a casino, or you earn $10k from 100 dollars or lose your deposit. But even here there will be a problem with choosing a coin, which is problematic for a beginner. And if you have correctly identified the coin and invested in it, then it will be very difficult to hold it if you have a profit of 500%.

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July 10, 2022, 12:49:56 PM
 #43

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

Lets say the bear market will soon over and even if we go bullish what are your expected returns ?
Even if ETH goes 2x or 3x from the current price that would give you just $200 or $300.
So now you can ask yourself whether these returns are sufficient for you or not.
If yes, then go ahead with the investment. Besides that $100 is not such a big amount you can very well risk it for the sake of getting involved in crypto.

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July 10, 2022, 01:15:30 PM
 #44

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
I also want to advice the OP to be careful where he posts this kind of information and who he tells about investing. If you had made this post on a social app that's supposed to have a crypto community like telegram or reddit, most of the responses you will be getting are people who are trying to convince you to invest in one platform or the other. Scammers are like bees to honey, talk like this attract their attention faster than light and you may find yourself losing more than you bargain for.
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July 10, 2022, 03:54:58 PM
 #45

if you are still a beginner don't think about big profits first. What you need to think about is, how that $100 can become $200 and so on. It means you have to know what you are doing, you have to trade well. This bear market is an opportunity for you to enter lower prices. Ethereum or bitcoin are good choices.
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July 10, 2022, 04:00:08 PM
 #46

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
Is it on purpose of investment? Trading? Or just holding? If it is trading, it depends on which coin will give you easier price movement and type of trading you want to do (Day trade, scalping, positional, etc.).
If it is holding in purpose of investment, you'll not get high profit, but IMO both of these coins has much bright future ahead. If bitcoin is much down recently than ETH price drop, I'll choose bitcoin over it.

Above all, it is advised that you should make some readings first and study it before making this investment. Goodluck!

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July 10, 2022, 05:00:19 PM
 #47

100$ is not big money so I guess that you can go and play with that amount, taking into account the warnings that have been already told.

But, better than telling you to buy this or that coin, to hodl or to daytrade, I would suggest you to learn every day a little bit about this exciting world, because, the more you know, the easier it will be for you to make the best decisions.

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July 10, 2022, 06:15:54 PM
 #48

Investing with $100 for beginners is enough but if you choose Bitcoin or Ethereum looking at the difference, of course the results will be very different but I don't know how much you can make from the $100 you used to buy it.
If you say to take the risk then for me just choose bitcoin or both can, the important thing is the money is really cold that has never been used in the near future, you can invest long term and see how much profit the coins bought and You can tell the difference between Bitcoin and Ethereum if you buy both at a 50/50 ratio.

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July 10, 2022, 06:35:11 PM
 #49

Investing in cryptocurrency has no limit, with 100$ you can also invest in bitcoin, bitcoin is at a suitable cheap price to buy at the time of holding. Accumulating slowly is a good way for those with little capital, this month 100 $ and next month also 100 $...If you try to maintain it, your investment will grow more and more, just you need to persist in buying when the price is cheap and holding and waiting for bitcoin to rise again.
actually Bitcoin buying and selling doesn't have a specific time and limits that you will ascertain before you have to to purchase and hold. While i like cryptocurrency investment, it's an investment you can start up with any amount of capital available at hand, provided that it's above $10 you can have your bitcoin with that. The problem is that Bitcoin should be kept or keep some period of time if really you wants to make profit with it.

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July 12, 2022, 07:28:42 PM
 #50

this amount wont make a big difference because its too small, if 100$ is all i have id go for altcoin instead because they are more profitable and right now price is down 95% ......
It is not only about the profit, security should also be considered, but you can go for what you like, altcoins can be more profitable, but there have been so many altcoins in the past as well. Bitcoin was lower than $4000 at some point in 2018, 2019 and 2020, but its price reached all-time-time of $68900 in November 2021. I hope you can see the huge profit gained by the people that invested when its price was $7000. Almost 10x profit. Although some altcoins can increase more but they are more risky as well.


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July 13, 2022, 08:14:45 AM
 #51

You should be realistic and dont dream that one day these $100 will turn into a million. Even a thousand is questionable. But $100 is a good start and invaluable experience. Just remember, cryptocurrency is all about patience, long term, cold head. Try to think that $100 is an entrance ticked to new world. This $100 will hook you up and force learning new. Who knows, maybe you are a great at making analysis and predictions, maybe you are cool at trading.

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July 13, 2022, 01:21:58 PM
 #52

You should be realistic and dont dream that one day these $100 will turn into a million. Even a thousand is questionable. But $100 is a good start and invaluable experience. Just remember, cryptocurrency is all about patience, long term, cold head. Try to think that $100 is an entrance ticked to new world. This $100 will hook you up and force learning new. Who knows, maybe you are a great at making analysis and predictions, maybe you are cool at trading.
That's right and besides, investing in crypto would take more time before we earn a profit and much more with that small amount. But yeah, as a beginner, we don't need to start with a huge amount, it was just a sort of market trial to test our capability as well on how to manage risk and stress.

Just to remind OP that not all investment works so well on the first day, on the first trial...but as we keep on learning, doing research - building such habit will help us to reach our goal and even grow our $100.

R


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July 13, 2022, 01:28:41 PM
 #53

You should be realistic and dont dream that one day these $100 will turn into a million. Even a thousand is questionable. But $100 is a good start and invaluable experience. Just remember, cryptocurrency is all about patience, long term, cold head. Try to think that $100 is an entrance ticked to new world. This $100 will hook you up and force learning new. Who knows, maybe you are a great at making analysis and predictions, maybe you are cool at trading.

It is possible if he will invest first on knowledge. If he just plans to hold it long term, then he should really not expect a huge profit from his $100. But if he learns how to trade and be good at it then his capital will take him far.

So my advice always to newbies is learn first about cryptocurrencies. Set aside first the amount they will invest because once they have the enough knowledge, it won't matter how small or big their capital is.
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July 13, 2022, 01:49:04 PM
 #54

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
$100 is a good amount to invest in bitcoin now we are in the bearish market of bitcoin,  bitcoin is very cheap and $100 will go a long way if you can hodl for bull market, if you are not desperate and you have made up your mind to hodl it for gonna be a great investment in time to come.

If this amount of money is not all the money you have as your savings to invest in bitcoin, then you can go ahead and make your investment if truly you have made up your mind to go for it.

R


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July 13, 2022, 04:07:52 PM
 #55

this amount wont make a big difference because its too small, if 100$ is all i have id go for altcoin instead because they are more profitable and right now price is down 95% ......

Even if you know, I used to start trade with $45. Not many money but the most important beginner is learning. How can you do $100K money management if the $100 money is lost in the trade.
It all started as a kid, if you're new then learn. Don't look at the amount of profit, but look at how you can be consistent to always earn money when you trade. So I think it doesn't really matter to the amount of money. So you just focus on studying and practicing, you have to be ready to lose your money.

R


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July 13, 2022, 04:37:59 PM
Last edit: July 17, 2022, 08:49:23 PM by Franctoshi
 #56

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
Hello! mate If it's actually the money you want to invest and which you're not looking at the immidiate returns, meaning you want to invest for the long term 4 years , 10 years then good, Investing the $100 in Bitcoin would be a better option in my own opinion because according to studies/data shows that every investor who bought Bitcoin and hold for 4 years minimum has always been in a profit. Therefore as you hodl in the long term your money could even double or triple in value. However,  you can equally choose to divide the money into two , half on Bitcoin and half on ETH,  the choice Is Left for you.

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July 13, 2022, 09:45:27 PM
 #57

If it's money that you're not looking at immidiate returns, Investing the $100 in Bitcoin is a better option as in long term your money could even double or triple in value you can equally choose to divide the money into two , half on Bitcoin half on ETH the Choice Is Left for you.
Bitcoin is the most reliable cryptocurrency for long term investment. Since it isn't a pump and dump coin and it has an actual utility, you can always believe in its long term sustainability, though i'd not advise people to expect their money to double/triple, of course it can obviously happen, but that could make them expect too much and prolly fall under pressure in the short term if Bitcoin isn't do well at that time. Having said that, remember that diversification isn't investing in two cryptocurrencies, to diversify you'd have to invest in two assets that are intrinsically dissimilar.
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July 13, 2022, 11:01:07 PM
 #58

If that is the only amount you can afford, so be it. As a beginner, we don't need a huge amount to start in fact, this amount is just for trial and testing, and most likely it will just lose. What I just hope is that this could be enough for you to learn about Bitcoin and about crypto investment. Honestly, learning crypto is a little bit expensive but it was worth it.

As you are stepping on crypto, you may have to prepare to lose more money before you will reach your goal and fully understand how this works.
$100, $500, or even more....

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July 14, 2022, 12:09:35 AM
 #59

I can sell you some bitcoin if youre interested
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July 14, 2022, 12:45:11 AM
 #60

If that is the only amount you can afford, so be it. As a beginner, we don't need a huge amount to start in fact, this amount is just for trial and testing, and most likely it will just lose. What I just hope is that this could be enough for you to learn about Bitcoin and about crypto investment. Honestly, learning crypto is a little bit expensive but it was worth it.

As you are stepping on crypto, you may have to prepare to lose more money before you will reach your goal and fully understand how this works.
$100, $500, or even more...

You are true that mate, because in the world of crypto you must prepare what you are taking off, because there's a time you will be lost, but you must be positive and have a clear mindset because everytime, every hour the price will drop and go up so you need to control your self and don't be greedy in terms of selling your coins. For me $100 is enough for your first try and if you feel great then you can add more and more, to have a good profit as well.

R


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July 14, 2022, 05:12:50 AM
 #61

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
For a newbie, thats good enough as long as it is the money that you can afford to lose and not meant for important things. Much better to buy Bitcoin then hold for long time. Currently the price is still cheap if we compare it to its last ATH. There's a chance for you to double it if you can bear waiting for long. But before that you have to gain knowledge first to better understand the nature of investing in crypto.

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July 14, 2022, 07:47:22 AM
 #62

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
$100 on Bitcoin could make a lot of difference depending on the approach you adopt towards your investment. If you adopt DCA in the dip you can make turns of profit. If you are knowledgable about crypto trading you stand a chance of making even double your capital and if you choose to hodl if prices starts hiking your profit margin will expand. It is best you learn a strategy you will like to adopt before embarking on the risk
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July 14, 2022, 11:52:26 AM
 #63

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
$100 on Bitcoin could make a lot of difference depending on the approach you adopt towards your investment. If you adopt DCA in the dip you can make turns of profit. If you are knowledgable about crypto trading you stand a chance of making even double your capital and if you choose to hodl if prices starts hiking your profit margin will expand. It is best you learn a strategy you will like to adopt before embarking on the risk
I don't inject the word "profit' into all beginner's minds but rather say to have a positive mindset. It can't be denied because of that word, many people got crazy and even think that crypto investment is a quick-rich scheme which in fact, it was not and can never be. Investing $100? I don't see any profit from it actually, we can never expect that amount it grows into $150 or $200 and this is the reason why. I am supposed to say to make use of this amount to explore the market, adding more funds could be next if we are sure that we can handle the stress already.

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July 14, 2022, 06:08:02 PM
 #64

Investing $100? I don't see any profit from it actually, we can never expect that amount it grows into $150 or $200 and this is the reason why. I am supposed to say to make use of this amount to explore the market, adding more funds could be next if we are sure that we can handle the stress already.
Back in 2020, $100 in March 2020 could buy 0.02 btc then. In March 2021, $100 will be $1,200, and in March 2022 $100 will be $800. Then how can you not imagine the potential profits that could be made in the years to come with that $100 if bitcoin hit ATH again or went up to $40K or $50K?

People don't have to be too greedy about investing, they just do it for whatever they can afford to lose. $100 could become $200 if the bitcoin price doubled from now and that is a possibility that can still be believed to be achieved this year and years to come.

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July 14, 2022, 07:01:19 PM
 #65

I guess it is dependent on the importance of the amount to you at the moment, I would say if you don't need the money for a very long time, then invest in Bitcoin and wait for the bull market, it will give you probably an easy 100% return, but if you want to get some quick bucks of profits, then you can invest it in some stocks by doing intra-day trading, although I guess you would need expertise for that. If you don't need the money in the immediate future, I would say go for Bitcoin and wait a couple of months Smiley
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July 15, 2022, 06:08:22 AM
 #66

100$ is good enough to invest in crypto project, some people invested 50$ in Shiba inu at early stage and it turned into thousands of dollars, if this is what you seek for you won't be getting from Bitcoin that's a bitter truth that many aren't telling you, altcoins hold the key to massive profits than Bitcoin.
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July 15, 2022, 07:11:50 AM
 #67

100$ is good enough to invest in crypto project, some people invested 50$ in Shiba inu at early stage and it turned into thousands of dollars, if this is what you seek for you won't be getting from Bitcoin that's a bitter truth that many aren't telling you, altcoins hold the key to massive profits than Bitcoin.

its that true?
you may just see the profit someone makes holding a $50 shiba inu which will then be worth $5000 in just a few days.
Of course it won't be that easy. try to read some news that suffered a lot of losses due to shitcoin, or look at the LUNA crash that made its holders very poor by losing millions of dollars.
It's not easy to get bigger profits with only $100, not many options to choose from, it's just a matter of luck. Bitcoin is still the best and cannot be compared to some shitcoins. Altcoins don't hold the key to big profits, but the real key lies in Bitcoin, as everything hinges on the movement of Bitcoin.

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July 15, 2022, 05:05:37 PM
 #68

Bitcoin is still the best and cannot be compared to some shitcoins. Altcoins don't hold the key to big profits, but the real key lies in Bitcoin, as everything hinges on the movement of Bitcoin.
But in reality there are quite a number of people who prefer altcoins over bitcoin [especially small investors] just to maximize their good profit potential. Now imagine how this market is correlated between bitcoin and altcoin, and not everyone should believe in bitcoin while they will ignore all altcoin from their portfolio.

It is true that bitcoin is an example of the best investment asset among crypto today, but if you want to make a good return on a small investment then potential altcoin can be your alternative of choice. It's up to how people react, in fact you are the first to experience losses and profits from your investment.

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July 15, 2022, 05:09:34 PM
 #69

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
When you are investing for any of the coins you mention, it is the only your research will tells you the coin that you will invest. $100 can give you a bigger value in Bitcoin why in altcoin the value provided in Bitcoin can be multiply into three in altcoins. So the investment that will give you a proper benefit from cryptocurrency, should be the one that I have the higher ratio but what investors consider for cryptocurrency investment is the coin that they have higher potential in the society, as a newbie who is new to crypto investment should we start the investment with the Bitcoin instead of altcoin because altcoin are not recognised why bitcoin is well-known to the society but the market variation discourage people not invest for Bitcoin.
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July 15, 2022, 06:42:14 PM
 #70

It is true that bitcoin is an example of the best investment asset among crypto today, but if you want to make a good return on a small investment then potential altcoin can be your alternative of choice. It's up to how people react, in fact you are the first to experience losses and profits from your investment.
Exactly, I agree with that opinion. I am not the only person who believes in the potential of altcoins like BNB, ETH or others. I have several altcoins in my portfolio as a way to diversify assets, of course it would be useful although altcoin price trends are very dependent on bitcoin trends.

However, beginners in the investment field should be more accustomed to choosing safe assets such as bitcoin compared to altcoins, they should not gamble by choosing non-potential altcoins but of course they must be patient to get profits. They just have to believe that in the long term, that $100 will be a lot more.

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July 16, 2022, 01:11:14 AM
 #71

Bitcoin is still the best and cannot be compared to some shitcoins. Altcoins don't hold the key to big profits, but the real key lies in Bitcoin, as everything hinges on the movement of Bitcoin.
~snip~It is true that bitcoin is an example of the best investment asset among crypto today, but if you want to make a good return on a small investment then potential altcoin can be your alternative of choice. It's up to how people react, in fact you are the first to experience losses and profits from your investment.

What are the potential altcoins? I'm just here to say that Shitcoin is the worst, big returns but also with greater risk of loss. Many people are trapped and cannot recover. I also believe in potential altcoins like BNB, ETH, SOLANA, XRP, ADA, Polkadot etc. Everyone's opinions and reactions are different, the investment we make is our own responsibility, not someone else's.

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July 17, 2022, 08:14:45 AM
 #72

though i'd not advise people to expect their money to double/triple, of course it can obviously happen, but that could make them expect too much and prolly fall under pressure in the short term if Bitcoin isn't do well at that time.
Sure!, You're right but if they can stomach the volatility of Bitcoin and zoom out , because the volatility is really what is going to bring them under pressure within this time period /years of waiting on the sideline, hence focus on the future price of Bitcoin in that minimum 4 years time period and with halving cycle backing it up, it's historical in the data that the price of Bitcoin have repeatedly surged even more than the double or triple in the price I made mention.

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July 17, 2022, 10:21:00 AM
 #73

Yes its a good start,but know you must invest in a long term one.you should also don't think you have invested just take your mind of getting profit from it as the price goes up and down.Bitcoin is cheap now so the ealier the better.The days and the years runs fast before you know its 5 years time.

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July 17, 2022, 01:59:20 PM
 #74

100$ is good enough to invest in crypto project, some people invested 50$ in Shiba inu at early stage and it turned into thousands of dollars, if this is what you seek for you won't be getting from Bitcoin that's a bitter truth that many aren't telling you, altcoins hold the key to massive profits than Bitcoin.

Yes, in this case, when the OP has only $ 100 to invest, you need to pay attention to new altcoins. The risk of losing money in this case is very high, but it is limited to only $ 100, but in this case there is a chance to increase your deposit by 10-100 times. Given the fact that the OP does not have the knowledge to choose a coin for investment, it will be like a casino.

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July 17, 2022, 06:02:18 PM
 #75

Its a good start but it must be a long term one. You should also don't think you have invested just take your mind of making profit,because the price is going down presently so I will say the earlier the better as it is cheap now compare to the next five years.the days and years are fast coming.

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July 17, 2022, 07:25:48 PM
 #76

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

It might pay off or not. If you tend to make that $100 worth of BTC idle, that is a good choice., Another option with significant risk/reward ratio and a good place where you can invest your $100 worth of cryptocurrency is at Bitvest.io .
The minimum amount of BTC you can invest is 0.002

more information about this :
https://bitvest.io/investing



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July 17, 2022, 07:40:49 PM
 #77

100$ is good enough to invest in crypto project, some people invested 50$ in Shiba inu at early stage and it turned into thousands of dollars, if this is what you seek for you won't be getting from Bitcoin that's a bitter truth that many aren't telling you, altcoins hold the key to massive profits than Bitcoin.

Yes, in this case, when the OP has only $ 100 to invest, you need to pay attention to new altcoins. The risk of losing money in this case is very high, but it is limited to only $ 100, but in this case there is a chance to increase your deposit by 10-100 times. Given the fact that the OP does not have the knowledge to choose a coin for investment, it will be like a casino.
If you don't have knowledge about investing in new projects, then for the OP the alternative is investing in bitcoin even though the profits will not be comparable to new altcoins but the potential for losses is very small, we should be able to avoid as much as possible from big losses then do it on Bitcoin.
For me the new altcoins are hard to choose which one will be 10-100x but on average is a big loss on new altcoins.

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July 18, 2022, 12:28:45 PM
 #78

100$ is good enough to invest in crypto project, some people invested 50$ in Shiba inu at early stage and it turned into thousands of dollars, if this is what you seek for you won't be getting from Bitcoin that's a bitter truth that many aren't telling you, altcoins hold the key to massive profits than Bitcoin.

Yes, in this case, when the OP has only $ 100 to invest, you need to pay attention to new altcoins. The risk of losing money in this case is very high, but it is limited to only $ 100, but in this case there is a chance to increase your deposit by 10-100 times. Given the fact that the OP does not have the knowledge to choose a coin for investment, it will be like a casino.
Investing Altcoins can yield profits but the risk involve in investing altcoins is so high.  The truth is that not altcoins are productive,  I know of many shit coins I invested to make quick profit but at last the coins did not add value .
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July 19, 2022, 02:11:48 PM
 #79

Back in 2020, $100 in March 2020 could buy 0.02 btc then. In March 2021, $100 will be $1,200, and in March 2022 $100 will be $800. Then how can you not imagine the potential profits that could be made in the years to come with that $100 if bitcoin hit ATH again or went up to $40K or $50K?

People don't have to be too greedy about investing, they just do it for whatever they can afford to lose. $100 could become $200 if the bitcoin price doubled from now and that is a possibility that can still be believed to be achieved this year and years to come.

That's human beings let alone beginners. They just want the beautiful. $100 is a lot of money, not losing with that money is a good move. They are too thinking about how to make an advantage. But they don't think how they don't lose capital, and leave profit money for trading.
A beginner should learn that. They should be aware of how great the risks of trading are. They must understand managing their funds. If they learners should be ready to lose money and ready to return their lost money. The point is that they must learn, survive and dare to lose.
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September 17, 2022, 10:03:23 PM
 #80

Well it a good thing, that if your are investing it on bitcoin, with the current downsize of market it not a bad idea but that only if you are willing to be patient enough to wait because with the current situation of the market you it might take months over month before your investment could yield. So it a good way to start as a newbie only if you can be patient enough.
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September 18, 2022, 08:56:02 AM
 #81

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
It depends on how much profit you are looking $100 can go a long way if you can be patient enough to hodl for a long term on Bitcoin. Altcoins could be risky and manipulative. As a newbie applying risk management by sticking to a single project that has long term goals just like bitcoin will save you the implication of pump and dump projects

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September 18, 2022, 09:16:26 AM
 #82

100$ on a new promising altcoin in this bear market will make a big difference, not on ETH not on BTC but a new altcoin with good utility for example Router protocol that allows different chain bridging on it's platform, the max supply is just 10 million and it's 3$ right now, this can easily turn 40$ on day.
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September 18, 2022, 12:24:42 PM
 #83

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

It really depends on your perspective. If we’re talking about BTC or ETH, most likely it will be for long term without knowing when it will actually push through. The price movement is uncertain and unpredictable, so you may not know when will it happen and it can go up or down without warning.


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September 18, 2022, 01:11:04 PM
 #84

100$ on a new promising altcoin in this bear market will make a big difference, not on ETH not on BTC but a new altcoin with good utility for example Router protocol that allows different chain bridging on it's platform, the max supply is just 10 million and it's 3$ right now, this can easily turn 40$ on day.
'Router protocol', for real? Mind you that it could easily turn $0 on a day too, and the chances of that happening is very high, as a matter of fact, higher than the chances of it appreciating to $40, which seems more like a mere dream to me. Whatever Router protocol is, i am pretty sure i ain't the only one hearing about it for the first time, but that doesn't change anything, we don't need to know it well to know it would prolly be no more than its pump and dump likes that we have seen in the past, if i have $100, i'd definitely put it where i am pretty sure my money won't vanish, and if it's gonna be in crypto, i'm afraid it would have to be Bitcoin.
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September 18, 2022, 01:15:26 PM
 #85

Most of the replies you will get here will be to buy bitcoin and not eth because altcoins are risky. Bitcoin is also a volatile asset, there is no guarantee your investment will double. Invest with the mindset that bitcoin is not a get rich quick scheme. Invest only what you can afford to lose. Should your $100 eth or Btc reduce in value will you be able to bear the loss?
Very good advice. $100 to some people is not a big money, but to some people it's like $1000. People are advising him to invest in bitcoin and wait. For how long will he be able to wait. Even if bitcoin moves from $21k to $42k, he can only be able to make $200 which is a very bad business, depending on how long it will take.

Honestly, if Op has some trading skills or if he can learn. Day trading altcoins with $100 will be a better option for him. He could get 1 to 5 dollars daily to add to his capital. By the end of 30days, he could double his capital if he removed greed.

I do subscribe to this your advice. I will put it into practice and hopefully I will come back here to testify.
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September 18, 2022, 02:32:15 PM
 #86


It really depends on your perspective. If we’re talking about BTC or ETH, most likely it will be for long term without knowing when it will actually push through. The price movement is uncertain and unpredictable, so you may not know when will it happen and it can go up or down without warning.



If it's DCA, then worth it. Else, a mere $100 could only do so much. BTC from 20 - 40K means 100 bucks profit but when that is happening remains unknown, a few years maybe. 100 over a few years ain't gonna be lifechanging.

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September 18, 2022, 06:45:37 PM
 #87

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
$100 is not a small amount to risk, even though you have the means that is you have money is better you start with the little  amount first to observe the market situation. To me the two Coin are real but if I am in your shoe I will go for Ethereum I think it can fetch me more profit.

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September 18, 2022, 07:53:49 PM
 #88

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?


  XMR is the best performing asset versus BTC and ETH in this bear run maybe worth investing there
check out XMR/BTC and XMR/ETH pairs on any trading platform and you will understand it, to me XMR will outperform both BTC and ETH when bull
maybe 100$ can go longer way there

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September 19, 2022, 08:23:23 AM
 #89

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
The $100 in the hands of some professional traders could become $100,000 within three months. But as a newbie in the trading and investment world, you should first prepare for the worst as you might lose all the money due to emotion and bad decisions. This will only be a preparatory step for you, which many have passed through when they started newly.

And as for the difference between Bitcoin and ETH, both could be invested in with no major differences provided you know how they are being priced. Also, they mostly move alike but their volatility might not be the same.

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September 19, 2022, 08:40:23 AM
 #90

It really depends on your perspective. If we’re talking about BTC or ETH, most likely it will be for long term without knowing when it will actually push through. The price movement is uncertain and unpredictable, so you may not know when will it happen and it can go up or down without warning.


In a bear market, this does not only apply to BTC or ETH, the same applies to all altcoins. Both of these coins have good prospects and there is not much difference which one you choose, I assume that in the end both will show approximately the same growth. But since I’m more inclined towards bitcoin, I personally buy bitcoin myself, and now there is practically no ETH in my portfolio, some very small part lies just in case, but my basis is bitcoin.

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September 19, 2022, 09:43:09 AM
 #91

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

It really depends on your perspective. If we’re talking about BTC or ETH, most likely it will be for long term without knowing when it will actually push through. The price movement is uncertain and unpredictable, so you may not know when will it happen and it can go up or down without warning.


If Op is willing to hodl for long-term bitcoin will be the best for him to invest.  The problem is that some people lack the patience to wait till anytime their is a great movement in the market  that can yield profit. Bitcoin has a lower risk than other coins and it it is the most reliable coin to invest in expecially for beginners.
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September 19, 2022, 01:34:47 PM
 #92

It really depends on your perspective. If we’re talking about BTC or ETH, most likely it will be for long term without knowing when it will actually push through. The price movement is uncertain and unpredictable, so you may not know when will it happen and it can go up or down without warning.


In a bear market, this does not only apply to BTC or ETH, the same applies to all altcoins. Both of these coins have good prospects and there is not much difference which one you choose, I assume that in the end both will show approximately the same growth. But since I’m more inclined towards bitcoin, I personally buy bitcoin myself, and now there is practically no ETH in my portfolio, some very small part lies just in case, but my basis is bitcoin.
As a newbie, Bitcoin is still the best choice to start knowing more about crypto. I know altcoins could also have potential but we can't deny that there are a number of worthless altcoins and if ever we mistakenly invest with them, that $100 will surely turn to $0. That is why it was suggested to put our funds into a reliable project like Bitcoin because even if we hold them for 5 years or ten years, we gonna expect growth of its price which literally won't fail us and gives us profit.



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September 19, 2022, 02:05:19 PM
 #93

If you're just starting out, don't focus on making large sums of money first. What you should consider is how $100 might turn into $200 and so on. It implies that you must be knowledgeable and skilled in trade. You have an opportunity to buy at lower prices. Bitcoin or Ethereum are both solid options but I'd rather go for Bitcoin.
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September 19, 2022, 05:02:16 PM
 #94

If a newbie invest in the right way then 100$ is much enough to make a decent profit. Because in this bear market almost all popular crypto currencies are very cheap to buy and hold for long term. Anyone can make a good investment with 100$
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September 19, 2022, 09:23:15 PM
 #95

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
If you are sure to invest that money in crypto, with all risks to face, and you are sure that this is free money, Bitcoin or and Ethereum are good options. However if you are buying it during this bearish season.
But, you must know how long you will plan to invest?You may not need to invest short term, but this is probably more profitable for long term holding. But you eed to wait it until the bullish era happening. If you want to do holding, it is worthy enough.

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September 20, 2022, 12:46:37 PM
 #96

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
It would get you somewhere if you know what to do with it. From what you've stated in OP, it seems you already invested it in ETH or BTC already and if that isn't the case and your just being speculative on what coin to invest with and maybe hold for some time, I'll say you should go for bitcoin after doing your own research. What is of the most importance afterwards is, if you are ready to hodl and how long can you hodl the coin to make profit out of your investment. Mind you, you shouldn't expect a 2x of your capital although that is possible but, it would mean, the market getting to an ATH and even breaking it. Hence, in course of your hodling, if your satisfied with the profit you've made, let's say $50, you've done good too but still, you could choose never to withdraw from it and instead add to it.

R


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September 20, 2022, 06:14:06 PM
 #97

100$ on a new promising altcoin in this bear market will make a big difference, not on ETH not on BTC but a new altcoin with good utility for example Router protocol that allows different chain bridging on it's platform, the max supply is just 10 million and it's 3$ right now, this can easily turn 40$ on day.
For example, like the Shibainu memecoin which is initially priced very cheap, even $100 will get a lot of Shibainu. If you hold $100 in shibainu at the start and sell ATH time, $100 can become $1000 even more if you can hold it. But for ETH and BTC $100 is still very minimal and can also be for the long term.
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September 21, 2022, 05:59:35 PM
 #98

If you're wondering whether this investment will make you obscenely wealthy and set you up for life, the answer is probably not. That shouldn't deter you from investing in bitcoin and switching to altcoins, as that's a common error made by beginners who believe it's too late to make millions with a few hundreds or thousands of dollars' value of bitcoin and start losing all of it on some shitcoin.
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September 21, 2022, 10:54:03 PM
 #99

If you're wondering whether this investment will make you obscenely wealthy and set you up for life, the answer is probably not. That shouldn't deter you from investing in bitcoin and switching to altcoins, as that's a common error made by beginners who believe it's too late to make millions with a few hundreds or thousands of dollars' value of bitcoin and start losing all of it on some shitcoin.
We can't really think about earning millions if we can't afford to loss a small amount. Just like any for of investment, putting a huge amount will also gives you back more. But what we can do for $100? Make use of this to familiarize the market and it serves as trial and error in order to assess if we can really manage the risk and stress in here.

Newbies are too speculative and thinking high, and it was the time to stop thinking easy money here. We actually can make some earnings from $100 but not to the extend of earning thousand dollars.

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September 22, 2022, 11:00:40 AM
 #100

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?


Obedence is better than sacrifice, if you are lead to invest $100 in the bear market, to invest Bitcoin or Ethereum as you said, have no time to wast, because every business has risk to take, before you can make it, like wise me here, i am a new member in this forum, and i am ready to learn more about investment and trading, like to become a Full Member of this forum. Therefore everything is possible to change a life investing $100 in cryptocurrency.
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September 22, 2022, 02:52:12 PM
 #101

If you're just starting out, don't focus on making large sums of money first. What you should consider is how $100 might turn into $200 and so on. It implies that you must be knowledgeable and skilled in the trade. You have an opportunity to buy at lower prices. Bitcoin or Ethereum are both solid options but I'd rather go for Bitcoin.
As rightly put, knowledge is what a newbie should seek first before buying or trading with $100. It shouldn't always have to be a sorry tale of an experience that went haywire and made you loose, simply because you skipped the basic process involved in turning the $100 to $200. What, how, why and when are very important question points that can help a newbie unravel the mysteries of crypto investment and trading, if properly answered in any order.  While Bitcoin is much preferable for a newbie because it is much more original in idea and its certainty, other coins maybe be invested in for diversity, security and yields.
Also, newbies should take time to do their own research so as to avoid scams in any form and preserve passwords or keys that may be easily lost or forgotten.

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October 27, 2022, 06:29:53 AM
 #102

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
Don't be discouraged, my friend, everything must start from the bottom, because if the money used is still small, the risk must also be small,

That's the point of training yourself, mentally training, so that if one day you start to develop, you will definitely be able to manage your financial situation and management better.

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October 29, 2022, 07:43:40 PM
 #103

A $100 investment in bitcoin will make sense if you hodl it for a long. Not for short-term purposes. Don't invest now, if your only intention is to make quick gains on your investment. A $100 investment in bitcoin is small(calculate on a bitcoin price of $20,3400). But it's good to invest in crypto in what you can afford to lose

R


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October 29, 2022, 08:33:52 PM
 #104

A $100 investment in bitcoin will make sense if you hodl it for a long. Not for short-term purposes. Don't invest now, if your only intention is to make quick gains on your investment. A $100 investment in bitcoin is small(calculate on a bitcoin price of $20,3400). But it's good to invest in crypto in what you can afford to lose

Yeah. Investing in bitcoin today is a bet on the future. One shouldn't expect to make quick gains, but instead should invest in what one can afford to lose. Bitcoin has proved to be stronger and stronger with every bull run in its history. Every time it hits a new record high. The $100 investment will grow in time, provided you are patient enough to hold it for at least 3-5 years.

But I would still recommend the DCA method, i.e. invest gradually in small amounts over a period of time. This way, your investment will grow steadily over time and will be less affected by market volatility.

R


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October 29, 2022, 08:42:43 PM
 #105

How long can you hold it in an investment for? If its money you don't need then it's better to invest then not but if you don't have much in assets you might be able to invest it elsewhere and get a more stable return (as crypto is still emerging imo).
You can expect from your $100 to be double or triple once you take the risk investing in bitcoin, but we can’t tell when it’s gonna happen. So if you are not eager to make profits and you’re planning it to invest in long term, then investing in bitcoin can be a perfect choice. However, if you will be needing your money in a short period of time, I guess crypto investment will not fit for you. Go find some stable investment that will guarantee fast profits so you can use your money anytime.

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October 29, 2022, 08:54:51 PM
 #106

There is no minimum anyway. Just expect a long-term hold right now just from how Bitcoin went down. Really a cheap price for me as of the moment if you would ask me, but the decision would still be up to you.
About if "that would get you anywhere", in a longer term, it is obviously yes.
Since we are still in bear market condition these days, then expect that long term hodling is the best way to gain profits. And of course, invest in bitcoin and hold for long term. $100 is never too small or too big, as long as you invest it in the right and established coin, and with bitcoin you can speculate that it will grow $200-$300 depending on how many years you plan to hold it.

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November 01, 2022, 11:57:07 AM
 #107

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
Yea $100 is a good starting to invest in Bitcoin, my first bitcoin was bought with $50,presently the amount has increased,You need to learn on how to get a wallet where you can save your Bitcoin after purchasing it, so that hackers will not steal your coin. Holding your Bitcoin is the major challenge you might be facing especially if the price drops lower than this.

Invest with your savings alone,this will help you not bother about your investment if making profit or not. At 2010 to 2015 those that invested with $100 are millionaires now. However people still believe that in next bull market, Bitcoin price will be very high.

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November 01, 2022, 02:25:21 PM
 #108

Good job for being willing to make the first step in investing and the way you understand to invest only the amount you can afford to lose as Bitcoin and cryptocurrencies are still not an easy way to get rich since we really do not know what exactly happens in the future.

So how far can your $100 go? Most people including myself predicted Bitcoin to reach a minimum of $100k in the next couple of years which means your $100 might turn into $500 or even more. Not bad for a $100 investment. You can also learn how to trade if you want to ride with the price swings and profit more.

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November 01, 2022, 02:50:20 PM
 #109

$100 can be a good start for beginners if they want to invest or trade.
I even traded with $100 and then it grew to $200 in less than 1 month. I do scalping continuously so little by little I get profit and I continue to trade.
As a beginner, you must also know the knowledge of reading the market even though you don't fully understand it, but know its limits. and you can also do DCA to save bitcoin and for the long term, suppose every week you save $10 at any price and hold it for a few years and forget about it.

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November 01, 2022, 06:59:58 PM
 #110

$100 can be a good start for beginners if they want to invest or trade.
I even traded with $100 and then it grew to $200 in less than 1 month. I do scalping continuously so little by little I get profit and I continue to trade.
As a beginner, you must also know the knowledge of reading the market even though you don't fully understand it, but know its limits. and you can also do DCA to save bitcoin and for the long term, suppose every week you save $10 at any price and hold it for a few years and forget about it.
In my honest opinion I will say that $100 might not make any difference if he invest it and either Ethereum or Bitcoin.
If I was to advising, I would say he use that money to invest in any physical business no matter how small that can give him some teturns. $100 will not fly, not in this bear market. Another angle is that if he has the knowledge of trading $100 can give him up to $300 or even $500 before the year was out.

Investing in Bitcoin or Ethereum will give you good gain only during the next bull and I am not sure you won't withdraw the capital before then.

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November 01, 2022, 08:54:34 PM
 #111

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

It really depends on your perspective. If we’re talking about BTC or ETH, most likely it will be for long term without knowing when it will actually push through. The price movement is uncertain and unpredictable, so you may not know when will it happen and it can go up or down without warning.


If you are in long term hodling, I think that will really create a huge value in the future, but if you are only eager for short term profitability, i guess $100k will not be so valuable after that. So the decision is all yours. Either you go and invest with topmost coins or chose only altcoins because they are way more affordable and can be profitable sometimes, and most of the time are not.

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November 01, 2022, 09:17:20 PM
 #112

Usually I suggest to divide money into different investments. But probably $100 is too small amount for it. If I would be you, I'd go with Bitcoin, now it's good time to invest. But when it comes to investing, there is more factors involved. Question, how long you're planning to hold Bitcoin and cash out profit.You shouldn't expect for fast profit. Yeah, it's bear market, but nobody knows how long it will continue.
Actually it's a newbie who don't know exactly the system of investment, because i believe that investment of such have to come with two dimensions irrespective that the funds are small to run a Bitcoin investment, because it's only going yield something positive depending on the time duration of the Bitcoin investment, i emphasis on two dimensions assumed that it's on my possession, i would have used $50 to invest on altcoins and the remaining $50 for Bitcoin, knowing that it's altcoins that can yield profit if bullish season meetup the investment.

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November 02, 2022, 07:28:58 AM
 #113

~snip~$100 will not fly, not in this bear market. Another angle is that if he has the knowledge of trading $100 can give him up to $300 or even $500 before the year was out.

Investing in Bitcoin or Ethereum will give you good gain only during the next bull and I am not sure you won't withdraw the capital before then.

I agree with your opinion, $100 in this bear market will be difficult to double, because the market conditions are not very good. Only people who have good trading knowledge can do it quickly but that doesn't guarantee that there will always be a profit. I trade using $100 when the market is bullish and the altcoins are recovering and it will be easier to get more returns. most importantly don't invest in altcoins that are not clearly progressing even though they get good hype at first. research is needed for that so that it doesn't get stuck on junk altcoins and what's better is bitcoin and ethereum.

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salad daging
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November 02, 2022, 03:46:24 PM
 #114

I agree with your opinion, $100 in this bear market will be difficult to double, because the market conditions are not very good. Only people who have good trading knowledge can do it quickly but that doesn't guarantee that there will always be a profit. I trade using $100 when the market is bullish and the altcoins are recovering and it will be easier to get more returns. most importantly don't invest in altcoins that are not clearly progressing even though they get good hype at first. research is needed for that so that it doesn't get stuck on junk altcoins and what's better is bitcoin and ethereum.
A beginner with a capital of $100 and market conditions are bearish is difficult to multiply if you rely on trading, indeed because beginners do not have more ability in this matter except for long-term investing and choose from one of the BTC or ETH coins that are their dreams, but there are my friend's incident can be said to be a beginner but he is too ambitious in altcoins that are not clear in his development even though my friend has reminded me that in the bear market trading is more difficult especially choosing an altcoin that is not clear and in the end he lost around 70% of assets even though it The tokens are not sold yet but I think that price recovery is not possible unless you expect bullish and come tokens can stay in the market.

So beginners must understand first about market conditions, if it is still difficult, it is better to choose a safe investment, namely bitcoin.
Sometimes beginners just want a quick profit so choosing an altcoin that is currently hype is a trap that will be felt by them.

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November 02, 2022, 04:24:05 PM
 #115

So beginners must understand first about market conditions, if it is still difficult, it is better to choose a safe investment, namely bitcoin.
Sometimes beginners just want a quick profit so choosing an altcoin that is currently hype is a trap that will be felt by them.
beginners love the hype that is common in the altcoin market. We used to often see how the meme coin flew and then sank.
Wanting to quickly get a profit can also make us lose quickly. beginners without trading skills, better buy BTC and hold long term. it will be safer.

although I know, no one will be able to manage the OP's finances, he is the one who has the right to manage the assets he wants to develop. if you are still curious about altcoins like that, I think he already knows the risks.

.
.Duelbits.
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Sanitough
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November 02, 2022, 07:59:09 PM
 #116

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
There’s always a difference if you start investing it a bearish market and hold them for years for big profits in the future. Though you can’t expect fast profits, but you know you will surely reap good results in the future as long as you have invested and hold bitcoin and ethereum. That is faith, regardless how small your capital is, you know it will always make a big difference when your investments start working.
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November 03, 2022, 05:32:34 AM
 #117

Never be afraid to put your money in Bitcoin or Ethereum, you have to take risks to achieve something profitable. Crypto investment is always faced with two choices, namely profit and loss, people who are successful in Crypto investment are those who have the determination and dare to take risks.
$100 is enough value for your initial investment, you should choose Bitcoin because Bitcoin is a completely decentralized crypto and bitcoin has provided a commensurate return on investment. It doesn't matter if you want to profit from coins other than Bitcoin, as long as you make profit then it is the best investment for you.

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Obari
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November 03, 2022, 06:24:59 AM
 #118

I'm not certain if I'm still in time here, as I believe the OP must have used the said $100 for a purpose best to him.
but I would kindly contribute to saying that crypto is the future and investing in it with the proper knowledge and mindset, is a very good way to go if you want to make an investment. One thing is certain which is the uncertainty of Bitcoin, which means no one can predict it's price confidently and it is decentralized, which also means that you're totally in charge. If you have the primary know of when to buy, HODL, make necessary sale and when to rebuy, then you're good to go.

R


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November 03, 2022, 09:37:13 AM
 #119

In this bear market, does 100$ on Ethereum or Bitcoin make any difference?
If markets are bearish you certainly don't want to be catching a falling knife, you are better off not getting involved, not until markets start to signal intentions of changing market direction! Which is why I think knowing how to read charts is a skill we all need to have.

As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
It's all about quantity and if your target coins are eth or BTC you won't really see any gains but you are free to invest in them, best approach would be a 100 every month which should give you a good stash after a couple of years.

R


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November 03, 2022, 02:30:35 PM
 #120

~snip~So beginners must understand first about market conditions, if it is still difficult, it is better to choose a safe investment, namely bitcoin.
Sometimes beginners just want a quick profit so choosing an altcoin that is currently hype is a trap that will be felt by them.

To find out the market conditions, beginners must know some basic knowledge that needs to be learned before jumping into trading investment. Nothing is safe when the market is bearish, not even bitcoin. Because some beginners when the market is bearish and continues to fall, the desire to sell will be greater because they are not mentally strong. Those who just want to make a quick profit will only be bait in the hype trap of some altcoins. Everyone starts from a beginner, but also must be aware that learning for beginners must be done and it takes a process.

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November 03, 2022, 03:13:59 PM
 #121

To find out the market conditions, beginners must know some basic knowledge that needs to be learned before jumping into trading investment. Nothing is safe when the market is bearish, not even bitcoin. Because some beginners when the market is bearish and continues to fall, the desire to sell will be greater because they are not mentally strong. Those who just want to make a quick profit will only be bait in the hype trap of some altcoins. Everyone starts from a beginner, but also must be aware that learning for beginners must be done and it takes a process.
The first investment is the most difficult, because you always want it to be a successful investment. And if after the bitcoin has been bought, the price goes down, then it is very difficult to accept it and the first thing you want to do is save your money. In this case, understanding the market could help you ride out a difficult period, so knowledge is very important. But in order to have an incentive to gain knowledge, you first need to lose something, before that everyone thinks that he knows everything.

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November 03, 2022, 05:45:21 PM
 #122

To find out the market conditions, beginners must know some basic knowledge that needs to be learned before jumping into trading investment. Nothing is safe when the market is bearish, not even bitcoin. Because some beginners when the market is bearish and continues to fall, the desire to sell will be greater because they are not mentally strong. Those who just want to make a quick profit will only be bait in the hype trap of some altcoins. Everyone starts from a beginner, but also must be aware that learning for beginners must be done and it takes a process.
The first investment is the most difficult, because you always want it to be a successful investment. And if after the bitcoin has been bought, the price goes down, then it is very difficult to accept it and the first thing you want to do is save your money. In this case, understanding the market could help you ride out a difficult period, so knowledge is very important. But in order to have an incentive to gain knowledge, you first need to lose something, before that everyone thinks that he knows everything.
It must be accepted that the first investment can be a loss because we don't know how to understand the market so it's only natural that we also experienced the same thing when we first invested in crypto, but we must understand that the bear market is more or less doubted by beginners because they don't know the basic knowledge so often they make mistakes even though they say it will be the beginning of your experience but I think we must be able to go through it all and never be guilty for failing, from that failure we can rise to be better.
And about altcoins hype is something we are seeing today, the important thing is never to be greedy let alone want big profits.

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November 03, 2022, 08:34:54 PM
 #123

Good job for being willing to make the first step in investing and the way you understand to invest only the amount you can afford to lose as Bitcoin and cryptocurrencies are still not an easy way to get rich since we really do not know what exactly happens in the future.

So how far can your $100 go? Most people including myself predicted Bitcoin to reach a minimum of $100k in the next couple of years which means your $100 might turn into $500 or even more. Not bad for a $100 investment. You can also learn how to trade if you want to ride with the price swings and profit more.
Provided that your $100 will be good for long term hodling, then definitely it will surely make a big difference when everything in the market turns bullish. And the fact that you invest it in ethereum and bitcoin, you will never go wrong with your investments. And yes, if you also learn to be a good trader later on, you will make a lot of opportunities to earn even from $100 sort of capital.

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November 03, 2022, 09:31:28 PM
 #124

Provided that your $100 will be good for long term hodling, then definitely it will surely make a big difference when everything in the market turns bullish. And the fact that you invest it in ethereum and bitcoin, you will never go wrong with your investments. And yes, if you also learn to be a good trader later on, you will make a lot of opportunities to earn even from $100 sort of capital.
Investing in BTC and ETH is the right choice for beginners because some beginners want instant profits so risking on other altcoins even new altcoins are high risk without proper analytical knowledge, so I support that the OP can maintain his assets for a long term portfolio because top coins take time to reach the highest price.

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November 03, 2022, 10:59:20 PM
 #125

A newbie with 100$ is as good as it can be. Unless the said newbie happen to have an idea that he/she has been considering for some time now as regards crypto trading or investments, then this is the right place to get informed on how best to multiply the 100$.
All I can say is this, you first of all gat to assume the money is lost already. Then having rid yourself of the fear of losing the 100$, invest in bitcoin for the keeps while you gather more information about trading. There is nothing that is not possible, as long as you can simply try.

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November 04, 2022, 06:40:51 PM
 #126

Investing in BTC and ETH is the right choice for beginners because some beginners want instant profits so risking on other altcoins even new altcoins are high risk without proper analytical knowledge, so I support that the OP can maintain his assets for a long term portfolio because top coins take time to reach the highest price.
Well said, mate; some beginners have the mindset of making 10 to 20X their money in a short period of time, which is not the best way to start an investment.
Bitcoin is an excellent investment, particularly during this bear market, but the OP must be patient and make it a long-term investment in order to profit.


All I can say is this, you first of all gat to assume the money is lost already. Then having rid yourself of the fear of losing the 100$, invest in bitcoin for the keeps while you gather more information about trading. There is nothing that is not possible, as long as you can simply try.
Yes, you should assume your money is gone because Bitcoin and cryptocurrency investment is a very risky investment that requires adequate preparation before engaging in it, and it is always advisable to invest only what you can afford to lose.

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November 04, 2022, 07:50:10 PM
 #127

~snip~$100 will not fly, not in this bear market. Another angle is that if he has the knowledge of trading $100 can give him up to $300 or even $500 before the year was out.

Investing in Bitcoin or Ethereum will give you good gain only during the next bull and I am not sure you won't withdraw the capital before then.

I agree with your opinion, $100 in this bear market will be difficult to double, because the market conditions are not very good. Only people who have good trading knowledge can do it quickly but that doesn't guarantee that there will always be a profit. I trade using $100 when the market is bullish and the altcoins are recovering and it will be easier to get more returns. most importantly don't invest in altcoins that are not clearly progressing even though they get good hype at first. research is needed for that so that it doesn't get stuck on junk altcoins and what's better is bitcoin and ethereum.

Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.

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November 04, 2022, 08:11:20 PM
 #128

Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.
Newbie trading during the bear market is never a good idea no matter how small the investment was and it is good for newbies to invest during the bear market than go into crypto trading that's relative to gambling.
$100 in BTC will never remain $100 BTC and based on my learning 1BTC=1BTC idea is to explain that Bitcoin cant be inflated. There will always be 21 million bitcoins ever mined
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November 04, 2022, 10:40:33 PM
 #129

Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.
Newbie trading during the bear market is never a good idea no matter how small the investment was and it is good for newbies to invest during the bear market than go into crypto trading that's relative to gambling.
$100 in BTC will never remain $100 BTC and based on my learning 1BTC=1BTC idea is to explain that Bitcoin cant be inflated. There will always be 21 million bitcoins ever mined

You may be correct, but it depends on the status of the newbie. Some newbies are good traders but newbie to the forum. There's no how you will convince a good trader to allow $100 sit in a particular wallet, waiting for 2024 or 2025 to become $150, never. If the newbie has knowledge of trading, that is the best lane for him to take.

A good trader makes profit whether on bull or bear market. Have you tried trading BTC base on bear, any profit is going to btc whether on green or red?

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November 05, 2022, 07:53:09 PM
 #130

Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.
Newbie trading during the bear market is never a good idea no matter how small the investment was and it is good for newbies to invest during the bear market than go into crypto trading that's relative to gambling.
$100 in BTC will never remain $100 BTC and based on my learning 1BTC=1BTC idea is to explain that Bitcoin cant be inflated. There will always be 21 million bitcoins ever mined

You may be correct, but it depends on the status of the newbie. Some newbies are good traders but newbie to the forum. There's no how you will convince a good trader to allow $100 sit in a particular wallet, waiting for 2024 or 2025 to become $150, never. If the newbie has knowledge of trading, that is the best lane for him to take.

A good trader makes profit whether on bull or bear market.
Yes, some newbies may be new to this forum while they a pros in crypto trading but I was talking about newbies in crypto trading and you said yourself that there's no way to convince a pro trader to allow his spare fund to just sit in a particular wallet because he's pro and knows the time for the market best entry when it presents itself.
This is never the case for newbie traders and the best thing they can do is buy in this bear market and wait for the next halving because newbie trading in the bear market is risky.

Have you tried trading BTC base on bear, any profit is going to btc whether on green or red?
Yes, I trade but not much trader
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November 05, 2022, 08:29:51 PM
 #131

It depends on the newbie what to do with the $100. If a newbie decided to buy BTC with a $100 then the total BTC that the newbie will get depends on the current value of BTC that he will get. It is true that no matter what the situation is either bear market or bull market 1 BTC is equal to 1 BTC but the value is different. The question is, how patient are you to wait if you hodl your crypto if you bought when it is bear market to bull market or higher than bear market?. In trading, are you willing enough to take risk in trading your $100 for a chance to earn good profit?. I agree what KindsDen have said about newbies joining in the forum.
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November 16, 2022, 06:40:58 AM
 #132

Investing $100 in Bitcoin is a good place to start, at today's price of $21802/BTC will give you 0.0046 btc. The way I see it, don't focus on thre dollar value but rather be focused on the amount of bitcoins you have stacked. You get a good feeling when you hodl a good amount of bitcoins. Buying today is a good investment because you would be buying dip should Bitcoin price fall down further you can still buy more and hodl

I also started with $100. In this field, every day is a starting point, so don't be discouraged. As long as you continue to learn how to strengthen your beliefs in the market changes and don't be greedy for money, you are the winner.
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November 17, 2022, 03:02:17 AM
 #133

This $100 was a new experience for me who was new to the crypto world and a good start. Using it to start investing is not to get more profits, the most important thing is to learn investment experience and strategies from it. It is convenient for less loss when more funds are invested in the future.

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November 18, 2022, 09:13:48 AM
 #134

To get that amount in the bear market, is not easy, accept by favor in a particular coin that want to show you some love in the crypto market as a long term investors.

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November 18, 2022, 10:08:35 AM
 #135

~snip~So beginners must understand first about market conditions, if it is still difficult, it is better to choose a safe investment, namely bitcoin.
Sometimes beginners just want a quick profit so choosing an altcoin that is currently hype is a trap that will be felt by them.

To find out the market conditions, beginners must know some basic knowledge that needs to be learned before jumping into trading investment. Nothing is safe when the market is bearish, not even bitcoin. Because some beginners when the market is bearish and continues to fall, the desire to sell will be greater because they are not mentally strong. Those who just want to make a quick profit will only be bait in the hype trap of some altcoins. Everyone starts from a beginner, but also must be aware that learning for beginners must be done and it takes a process.

An example of what has been going on in the market is why a newbie asks questions about buying a coin, I always find it within my mind to make it plain they should buy only bitcoin, not because Altcoins are all bad but because it is safer to be in bitcoin as it is always neutral, not centralized, not an entity to any institutions, not a liability to people, even when the market crashes hard, you will always be in the safer hands.

I can only Imagine the advice so many people would have given to Newbies to buy shitcoins(Altcoins) and if they did, thats a lesson for them to learn never to trust altcoins, no matter how solid they are, they are very deadly for portfolios.

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November 18, 2022, 08:36:06 PM
 #136

Since altcoins are dangerous, the majority of the responses you receive here will advise you to purchase bitcoin rather than ethereum. There is no assurance that your investment will increase in value because bitcoin is a volatile asset. Believing that bitcoin is not a get-rich-quick scheme can help you invest. Do not invest more money than you can afford to lose. Will you be able to absorb the loss if the value of your $100 in eth or bitcoin drops?
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November 18, 2022, 09:51:56 PM
 #137

snip
It is true that no matter what the situation is either bear market or bull market 1 BTC is equal to 1 BTC but the value is different. The question is, how patient are you to wait if you hodl your crypto if you bought when it is bear market to bull market or higher than bear market?. In trading, are you willing enough to take risk in trading your $100 for a chance to earn good profit?. I agree what KindsDen have said about newbies joining in the forum.
Besides the price is different but if he buys $100 for BTC at this time it will get more BTC for the portfolio than when the price is high so I also recommend him for long term Bitcoin investment options and I think he has allocated money for those who can afford to lose because $100 is not par high money for investors.

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November 19, 2022, 07:37:10 PM
 #138


Besides the price is different but if he buys $100 for BTC at this time it will get more BTC for the portfolio than when the price is high so I also recommend him for long term Bitcoin investment options and I think he has allocated money for those who can afford to lose because $100 is not par high money for investors.
An investment of $100 would be insignificant, and even if bitcoin does x10 after a while, it will only be 1k. This is good if you consider that your investment was able to make x10 but it is bad if you evaluate the investment by the profit received, because it will be only 900 dollars of profit received, perhaps for a few years, and this is not the goal, for which it is worth investing. We need to focus not on a certain amount, but on systemic investment, so that we can invest a certain amount every week or every month, then this can be a good result.

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