$1000 to spare each month, how would you invest it? - page 11.

Prettymie

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Quote from: crypto-99 on November 04, 2018, 05:39:21 PM

Hey,

Looking to get some ideas from people so let me begin by explaining my situation:

- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?

You made a right decision in holding your coins and even you had loss 2/3 of your capital you can manage to lower your capital index if you will buy additional coins at cheaper price. I like your strategy and patience to wait for the best price to come. I'm sure you will get your profits soon.

Casdinyard

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Quote from: Slow death on November 09, 2018, 02:47:50 PM

Quote from: crypto-99 on November 04, 2018, 05:39:21 PM

What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?

Being honest, I think you should only invest in bitcoin to reduce the risks of losing money

The price of bitcoin is $6400, and may end the next year While the price has not increased more than $7000, if this happens the altcoins will probably drop a lot and you will be left with many losses

That's also my thought. Honestly, some people are blinded by the fact that their altcoins will bring them a good fortune but what happened is contrary to their belief as altcoins gets dump more. Why not go with the strong and stabilize one and the fact that it can give you some hundred dollars by doing day trading.

Definitely, I'll go all in with bitcoin and enjoy my profit afterwards.

aoluain

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Quote from: bitbunnny on November 09, 2018, 04:32:24 PM

This is a decent amount to invest.
If I were at your place I would definetely invest in Bitcoin but not the whole sum. Diversifying funds is always wise decision.
So, for a while I would put about 2/3 of this sum to Bitcoin and the rest in something else. Like gold, stock exchange or some conservative type of investment where the profit is maybe a bit lower but it's certain.
I would closely watch how the market reacts and maybe change investment ratio or investment type along the way.

Yup im with this too. That is a very healthy amount to be playing with. I would
continue to do as i do now but on a larger scale.

Get more Bitcoin, Litecoin, Gold and Silver and to a lesser degree some collectables
and rarities to add to the pot. Obviously i wouldnt suggest putting it all into the one
basket, make a spread.

jojowar

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That's good you are already invested in cryptos around $3000 and you not even to sell it when the price is only one third of the cost because you didn't get panic and knows the idea of patience. If you have excess of $1000 a month maybe you must study how to trade and become a daytrader or buy more coins when value is low.

acarli

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Don't bash me, but I would invest in an s&P 500 mutual fund like VFINX . Boring I know, but I think that BTC will go a little lower.

Consider the recent indictments from the FCC to EtherDelta. Unfortunately, this is only the beginning. On a side note, I can't believe they got off on a 400k fine. Lol. They are making millions. Good for them.

I think the highly speculative froth of 2016-2017 is wearing thin. Of course, I can say that, but doing it is actually harder. I am still hodling. I am not, however, putting more money in.

hahay

legendary

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Even I don't have that much salary every month, but if I have it then I only invest half in bitcoin. Anyway, to get a big profit, you really have to invest a large amount too, but we do not know what will happen the next day whether the market will be bullrun or not so we cannot estimate good profits every month from the investments we make.

bitbunnny

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This is a decent amount to invest.
If I were at your place I would definetely invest in Bitcoin but not the whole sum. Diversifying funds is always wise decision.
So, for a while I would put about 2/3 of this sum to Bitcoin and the rest in something else. Like gold, stock exchange or some conservative type of investment where the profit is maybe a bit lower but it's certain.
I would closely watch how the market reacts and maybe change investment ratio or investment type along the way.

Slow death

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Quote from: crypto-99 on November 04, 2018, 05:39:21 PM

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour?

only invest a bit of it each month based on market behaviour.

Quote from: crypto-99 on November 04, 2018, 05:39:21 PM

What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?

Being honest, I think you should only invest in bitcoin to reduce the risks of losing money

The price of bitcoin is $6400, and may end the next year While the price has not increased more than $7000, if this happens the altcoins will probably drop a lot and you will be left with many losses

gamechangers

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You seem to have a very sound investment knowledge to have invested only the amount of money you could afford to lose. Bitcoin first and ethereum second will be my suggestion. You can then look for three other projects with working products and are already listed on reputable exchanges.

Ewinsane

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Quote from: crypto-99 on November 04, 2018, 05:39:21 PM

Hey,

Looking to get some ideas from people so let me begin by explaining my situation:

- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?

Well, considering that you already have a huge percentage of it in fiat for emergencies, it is a good thing you already know how to manage your funds well with the risks. If I have $1000 to be putting into the space every month, I will always put at least 50% of it in bitcoin for the long term, then look at the top 100 coins and choose about 10 to 20 of them with great potentials for growth in the long term as well as usage, and in that case, due diligence is something you will have to do, and then you can put in about 30% in them.

For the remaining 20% I will look for new tokens or coins in the block with great potentials that have been oversold and trading below ICO price, then I will load few of them I can handle at once up. I always consider these ones an easy market, even though risky, so to manage the risk, you want to also make sure you have done your due diligence on them as well.

Xiroartoni

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Quote from: crypto-99 on November 04, 2018, 05:39:21 PM

Hey,

Looking to get some ideas from people so let me begin by explaining my situation:

- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?

buddy, it's hard to guess the price of a coin right now. The market is filled with a very large number of different projects and it is difficult to guess which one will shoot. Start by studying the ideas of ready-made products. This will give you an idea of what areas are in demand now. If you like the coin, then look at its capitalization. Coins with small capitalization can give multiple growth in the next year or two. The main thing is to constantly follow the news, so you can just sell this coin or go to a new one. On this forum you can see the mood of investors and plans for the development of projects. This market is for those who learn about events in time and act correctly. I hope I've given you some good advice and you'll recoup your investment soon. Amen)))

Indamuck

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Right now is the time to buy. It looks like the bear market is over and the bull trends are starting to form. I would put most of your money into BTC and ETH and use the rest for promising low cap coins. Be prepared to hold for a few years if you want to see massive gains. I firmly believe the total marketcap of cryptocurrency will eventually be in the trillions.

wuvdoll

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Quote from: Maricel2017 on November 05, 2018, 10:43:32 AM

If i can able to spend 1k dollar monthly i would buy three kinds of altcoin and a bitcoin then hold it until my investment will multiply into 3-5x before i sell it. I know the market will change in the future that is why im wanted to prepare more coins in my wallet to have possibility to be richer when time comes.

In this case, I am actually considering the OP to be a long term holder and looking for good investments to keep storing value in the long term. Bitcoin to me is always an easy buy for the long term as it controls the market generally and when it comes to huge long term growth, I am pretty sure we have not even seen anything yet, so I will be putting a larger percentage in that.

However, there are still some altcoins with great potentials as well, but in this case, you will have to take your time to do your research on the team, the availability of a product, how this product will solve problems in the long run, and the business solutions, and then look at those with the hugely undervalued ones to invest in as well as some other altcoins that have been in the market for a long time which you still consider they have long term potentials.

slocker

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This will be more likely for you to decide, on this I mean will you want to make money on long or short term. But it could be good to play 50-50, investing one half in some safe and long term investments and one half in something that can be potentially good pick with some good chances to have good profit.

hulla

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First of all. I respect you for having a solid trust in crypto currency market despite your previous investment during last ATH didnt yield a good result you still persist.
My advice to you concerning the coin that will give the best returns if the market properly goes into a bull run is by investing 80% into Bitcoin while you invest the 20% into altcoin like KMD, ETH, BCH, DASH and a genuine future promising ICO like Menapay. Don't invest in BEO and EOS those coins are centralized like XRP and the crypto could quit supporting it anytime.

Rahar02

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Since you have emergency cash, I will recommend dividing the fund into some investments, like 30% - 30 % - 40%. Buy 2-5 coins on the top-ten list such as eth, xmr, ltc, bch and obviously bitcoin. These coins expected to follow bitcoin whenever it rises. Then, invest in gold, just buy several grams every month for long-term saving which is better than saving fiat currency in the bank accounts.

Koadharber

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Quote from: crypto-99 on November 04, 2018, 05:39:21 PM

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?

No one would really give out the precise thing yet we are all speculators on here but the fact you are earning decent with having that amount on monthly basis.
Diversifying is a great idea but on the current market condition you would surely hesitate and you have said that you lose 2/3 of your investment.If you do know the risk
already then you are aware on the possible things that might happen next.Talking about on the coins to be invested then I will most likely to purchase bitcoin and eth.Ill
will just stick out to coins that still dominating the market.

onrise

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Quote from: Maricel2017 on November 05, 2018, 10:43:32 AM

If i can able to spend 1k dollar monthly i would buy three kinds of altcoin and a bitcoin then hold it until my investment will multiply into 3-5x before i sell it. I know the market will change in the future that is why im wanted to prepare more coins in my wallet to have possibility to be richer when time comes.

I would also buy some altcoins, btc and also do invest in ICO projects as well. This would help me to have a short term goal and long term as well. Also some of the money in some month would spare it for the trading as well to get some daily money from it.

Coinifyx

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Personal Text

I would invest them in real goods or profitable projects, with so many money advertising wouldn't be a problem

Maricel2017

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If i can able to spend 1k dollar monthly i would buy three kinds of altcoin and a bitcoin then hold it until my investment will multiply into 3-5x before i sell it. I know the market will change in the future that is why im wanted to prepare more coins in my wallet to have possibility to be richer when time comes.

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