$1000 to spare each month, how would you invest it? - page 2.

fullhdpixel

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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?

I don’t think you should be allowing your investment to drop that much, unless you are doing a long term hodl that is supposed to take years . You should have always have a target limit that you’re not going to let your money drop to, once it reaches that level you should withdraw it immediately. I can’t let myself lose more than fifty percentage of what I invested.As for the $1000 you have now , I think the best thing you can do with it is day trading, and that’s if you know how to do day trading .

ApocalypseNow

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$1000 is too much for a start and every month is not okay for me. It is going to be a routine for you and it is not a smart investing. A smart investing is when there is a good opportunity to buy a cheap coin and not investing your money on the market because you need to. Start trading with $100 first so you can explore many options and strategies you can apply as well.

wxa7115

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Quote from: ?? on ??

If I got $1.000 to invest each month I would go all in on bitcoins, my goal would be to get first one whole bitcoins and then after that a second bitcoins also. Getting two bitcoins would with today's price take around one year if you invested $1.000 each month.

If you began to buy when bitcoin was at 3500 then you could have gotten those two bitcoins in only 7 months, unfortunately that price only lasted for around 3 months so at best you could have gotten one bitcoin but if you are a good trader you could easily multiply that amount of money during the rest of the year since I really feel that the price of bitcoin is going to become stagnant for a time and that altcoins are going to recover some of the ground they lost.

And it seems it has already began during the last weeks, most of the growth has come from bitcoin and while alts have grown too many of them were left behind by bitcoin but now that the growth of bitcoin has slowed down I really expect to see a renewed interest in altcoins.

DeadCoin

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I feel investing in TRX, BNB, ETH, BCHABC, EOS, LTC and Bitcoin, would be worth and best idea going with $1000. Now, the value is low. Buy and keep them for at least a month. $1000 would better yield minimum of $200 profits.

Hannahanto

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I would invest the entire amount into bitcoin every month and will do day trading to get as much profit as can. I am into day trading and have been watching the market growth trend of top most coins. Bitcoin is the best which can yield more profit in short term so quickly.

logicgate

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Quote from: marcotheminer on April 21, 2019, 08:06:30 PM

Perhaps a useful service is https://blockfi.com? 0.5% interest per month, compounding annually I believe. They don't have a huge track record yet though.

Otherwise - invest it into Crypto THROUGH a collateralised loan (essentially you get $400 or so extra and your $1000 gets held as Crypto with Nexo or Maker if you take DAI/invest in ETH).

Best idea is to invest in crypto currency because when you will invest in crypto currency it will make good amount of profit for you, it is very good to spare some money from your daily needs and invest it in something productive, I have never seen any better investment than investing in crypto currency, so do your job and invest money in crypto currency only.

marcotheminer

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┴puoʎǝq ʞool┴

Perhaps a useful service is https://blockfi.com? 0.5% interest per month, compounding annually I believe. They don't have a huge track record yet though.

Otherwise - invest it into Crypto THROUGH a collateralised loan (essentially you get $400 or so extra and your $1000 gets held as Crypto with Nexo or Maker if you take DAI/invest in ETH).

crossabdd

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Quote from: Arian247 on April 10, 2019, 03:03:43 AM

I would invest it on anything that will be generating passive income on a monthly basis, and whenever I feel like pulling out I'll get my money back in full. Now that's the kind of investment I like. I'd suggest you take a look at miracletele.com you might find them interesting

seem interesting for miracletele.com, open the website and read whitepaper, the project is telecom service, so the project is focus building simcard?
i think is a good solution, we can pay use our token, and its IOT solution, blockchan + comunication.

rocku12345

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Quote from: Mastercon on April 06, 2019, 02:01:25 AM

I think 1000$ is big amount for investment especially in crypto currnecie's community. Better to invest what you can afford to lose. Since the crypto currencies are highly volatile and people hate to show patient. They become panic and sell there money. Instead of investing your money on same plat form better to divide it and invest on other plat form

Big amount or not, it is actually depends from the final benefit that author wishes to earn. Try to invest in your knowledge and soft skills at first, because new trading strategies may bring bigger financial success in future. Trading at demo accounts will show mistakes and produce optimal strategy not only in crypto investing, but in gambling as well.

gabmen

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Quote from: bitcoinisbest on April 15, 2019, 10:49:16 AM

Quote from: Arian247 on April 10, 2019, 03:03:43 AM

I would invest it on anything that will be generating passive income on a monthly basis, and whenever I feel like pulling out I'll get my money back in full. Now that's the kind of investment I like. I'd suggest you take a look at miracletele.com you might find them interesting

Invest in good coins and hold it for some time as markets are booming those if are genuine good coins and will have demand in future then definitely it will help you to generate the income in the long run and provide you the passive income in terms of the rise. So buy and hold it for some time.

You don't have to use it all on crypto. If it's a constant 1k every month then i'd have a lot of investments already outside crypto. Would've bought some stocks and dealt with forex, as well as putting up small businesses over time.

bitcoinisbest

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Quote from: Arian247 on April 10, 2019, 03:03:43 AM

I would invest it on anything that will be generating passive income on a monthly basis, and whenever I feel like pulling out I'll get my money back in full. Now that's the kind of investment I like. I'd suggest you take a look at miracletele.com you might find them interesting

Invest in good coins and hold it for some time as markets are booming those if are genuine good coins and will have demand in future then definitely it will help you to generate the income in the long run and provide you the passive income in terms of the rise. So buy and hold it for some time.

UmerIdrees

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Quote from: Mastercon on April 06, 2019, 02:01:25 AM

I think 1000$ is big amount for investment especially in crypto currnecie's community. Better to invest what you can afford to lose. Since the crypto currencies are highly volatile and people hate to show patient. They become panic and sell there money. Instead of investing your money on same plat form better to divide it and invest on other plat form

If you again read the OP thread, he has clearly mentioned that he has spare 1000$ each month which he wants to spend somewhere. So there is no point of saying that 1000$ is a big amount and should not be invested. I think crypto currencies are the best option for him to invest and get benefit.

Hannahanto

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Quote from: Clark05 on April 10, 2019, 11:20:19 AM

Quote from: Mastercon on April 06, 2019, 02:01:25 AM

I think 1000$ is big amount for investment especially in crypto currnecie's community. Better to invest what you can afford to lose. Since the crypto currencies are highly volatile and people hate to show patient. They become panic and sell there money. Instead of investing your money on same plat form better to divide it and invest on other plat form

That's big amount and you can invest those money to the crypto and Im happy because you choose cryptocurrency to invedt mote compared to others. But you can invest also to other kinds of investment or businesd if you want incase that you have really $1000 in your pocket. Patient id need in the cryptocurrency becaude there is no instant profit that you get because it takes months and years.

Yes. Really happy to see investors pitching into crypto and finding a platform here to invest their hard earned money. Trading is the best platform where you will gain profits for sure with $1000. You just need to spend a little more time to study the market, choose the best exchanges to trade and the best coins with good volumes.

Clark05

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Quote from: Mastercon on April 06, 2019, 02:01:25 AM

I think 1000$ is big amount for investment especially in crypto currnecie's community. Better to invest what you can afford to lose. Since the crypto currencies are highly volatile and people hate to show patient. They become panic and sell there money. Instead of investing your money on same plat form better to divide it and invest on other plat form

That's big amount and you can invest those money to the crypto and Im happy because you choose cryptocurrency to invedt mote compared to others. But you can invest also to other kinds of investment or businesd if you want incase that you have really $1000 in your pocket. Patient id need in the cryptocurrency becaude there is no instant profit that you get because it takes months and years.

Arian247

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I would invest it on anything that will be generating passive income on a monthly basis, and whenever I feel like pulling out I'll get my money back in full. Now that's the kind of investment I like. I'd suggest you take a look at miracletele.com you might find them interesting

onrise

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Quote from: Mastercon on April 06, 2019, 02:01:25 AM

I think 1000$ is big amount for investment especially in crypto currnecie's community. Better to invest what you can afford to lose. Since the crypto currencies are highly volatile and people hate to show patient. They become panic and sell there money. Instead of investing your money on same plat form better to divide it and invest on other plat form

If someone is ready to take some risk and have some money than one should nit miss investing in crypto as much as possible at current price because we have seen the start of the bull run and it will go a long way in coming time.

EdenHazard

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Quote from: Mastercon on April 06, 2019, 02:01:25 AM

I think 1000$ is big amount for investment especially in crypto currnecie's community. Better to invest what you can afford to lose. Since the crypto currencies are highly volatile and people hate to show patient. They become panic and sell there money. Instead of investing your money on same plat form better to divide it and invest on other plat form

Seems like you are an investor altcoin or altcoin fans. I don't think $1000 is big amount to investing in cryptocurrency since you just have 0.0.. if you buy BTC at the current price. Unless $1000 you use to buy altcoin that have a price $0.0... then you might have a power to manipulate the price its altcoin. I don't like the sentence 'Better to invest what you can afford to lose' an expression to someone that have low IQ. Being an investor someone has to aware to take any decision or accept everything that comes to you money.

AntKB

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Hi

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Mastercon

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I think 1000$ is big amount for investment especially in crypto currnecie's community. Better to invest what you can afford to lose. Since the crypto currencies are highly volatile and people hate to show patient. They become panic and sell there money. Instead of investing your money on same plat form better to divide it and invest on other plat form

noormcs5

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Quote from: Seratruong on April 03, 2019, 09:27:51 PM

Quote from: malikusama on March 28, 2019, 05:01:41 PM

To save in just USD is safe but you will never grow your money/savings without investing in any business.
If i will be able to spare $1000 per month i will definitely going to invest it instead of saving.
Now the question is where to invest?
It will be difficult for me to start a real market business along with my job, so i will definitely going to invest in cryptos as i have enough knowledge of it and i can trade in my leasure time.
Analysing all the cryptos bitcoin is still the best option i guess.
Bitcoin has just gone through a major price correction and now the market seems to be much stable and reliable than any of the other cryptos.

So you only invest in BTC? Do you mind sharing me some tips to avoid risks when investing in BTC?

At the present time, when bitcoin value is just under 5000$, there is surely no risk in investing in it. The bear market seems to be over and now the bull market might start in few months from now. IF OP can invest 1000$, each month in BTC only, he can have an real advantage when we see Bitcoin value to all time high again.

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