Let’s assume that you’re living in my country (no need to mention) that $1,000 is worth a lot of money and you will hardly see those earning such an amount a month. So, if I had only an office job, I will first use the $1000 open a business and employ someone to be staying there.
It’s going to be a clothing shop or maybe curtain shop and things that has to do with interior decoration, if not that, then fast food (if possible). That’s going to be my first investment, and after I’m done with that and sure that I have created a stable source of income, the next money can then go into cryptocurrency and Bitcoin is the first coin I’m buying, especially now that the price has fallen is the best time to buy it. ETH, Cardano and Tron are the next good coins to look into.
Topic: $1000 to spare each month, how would you invest it? - page 5. (Read 2350 times)
Due to the movements of Bitcoin, those $ 1000 would invest it completely to buy Bitcoin and destine them to keep them until their bullish phase begins. Since it is a safe investment, I would review the price in a few months, just to see how much it has grown.
This is best choice to invest your money in to bitcoin because it has high potential and it will give your better result as compare to other altcoins investment, I think it is good time to buy because price is really good, so invest now only in bitcoin as price is really good and it will rise even more than this just a little time will be required.
I could have said op should invest such amount into icos but now ico is almost dead and investing into a projects during ico is now a death trap. However you can be investing such amount into bitcoin, litecoin and dash as the forgoing coins has the capacity to give you good return in future.
No more interests about ICOs as most of them seems to be dead or if there's still some projects that are making it and able to reach their soft caps, it's good for them. While OP is asking for where to invest his spare $1,000 monthly.Look on what Jack Dorsey is doing:
Twitter CEO Is Buying $10,000 In Bitcoin Each Week: Why Is He So Optimistic?
I could have said op should invest such amount into icos but now ico is almost dead and investing into a projects during ico is now a death trap. However you can be investing such amount into bitcoin, litecoin and dash as the forgoing coins has the capacity to give you good return in future.
Due to the movements of Bitcoin, those $ 1000 would invest it completely to buy Bitcoin and destine them to keep them until their bullish phase begins. Since it is a safe investment, I would review the price in a few months, just to see how much it has grown.
Exactly, I mean you don't need to look at other crypto right now.
Of course there are shitcoins and altcoins for pump-and-dump purposes, that is if you get lucky and enter at the right moment.
But if you wanted to be just a HODLer and invest your $1k monthly and wait for a good returns in 1-2 years then definitely, bitcoin is the best crypto investment, no matter what people are going to say about it.
Have a look at circle.com and their investing app. That or coinbase. They offer an option that you can inject your buy amount and they have a risk tollerance profile (or a few) that encompass a variety of different crypto. That or I would buy around 5% of each thing on poloniex.
I know that site, it's quite good but I feel that most times, we can't be too sure of other cryptocurrency aside Bitcoin. Even estimated price of other cryptocurrency can still be uncertain. I invested in few top altcoins and Bitcoin, I'm not regretting that I did. And I'm holding all. But if I have more opportunities now; I will buy more Bitcoin for the future but not altcoins. Some cryptocurrency developers are sometimes not being sincere.
Due to the movements of Bitcoin, those $ 1000 would invest it completely to buy Bitcoin and destine them to keep them until their bullish phase begins. Since it is a safe investment, I would review the price in a few months, just to see how much it has grown.
You seem to have confidence on crypto and on it's growth. Feel sorry for the loss. Just be patient enough. As you know the market will certainly pump back and yeild profits to your investment.
If I am in your position, chances are I will not spend more money to invest, because the funds that we save in the beginning will still settle there for the long term and if I have $1000 every month by having an investment that still settles, maybe I will do trading for quick profit purposes only utilizes moments from market behavior or fluctuating moments that occur. If we are able to do it well, it looks like we will cut losses from our investment in the beginning and we can let the investment remain stored calmly without having to worry.
Currently I really wouldn't invest heavily in cryptocurrency, I will but not that much I will focus on other investment areas but will divide it into long term and Short term investment where I would put my cryptocurrency investment in my long term investment. Rest I'll divide the rest into many good investments.
Just keep buying bitcoin with those $1000 every month then after two or three years the value of your holding may turns into very huge which is just for the people who want to invest in very long term.I ever saying that it is the best but comparing to altcoin investment holding bitcoin is effortless and less risky than altcoin long term investment.
If I get 1000$ each month, I will invest it in a lot of cryptocurrencies and projects, I will divide for long term and short-term investment.
The best crypto for long-term investment is bitcoin, because all of us now that bitcoin is so strong crypto which have a good potential to increase so much in the long run, in another way, I will look for another cheap crypto which they have some potential to increase, according to the news and invest my money on them, It's a bit risky but I should be more careful when I decide to invest in a crypto, I need to do a lot of research.
The best crypto for long-term investment is bitcoin, because all of us now that bitcoin is so strong crypto which have a good potential to increase so much in the long run, in another way, I will look for another cheap crypto which they have some potential to increase, according to the news and invest my money on them, It's a bit risky but I should be more careful when I decide to invest in a crypto, I need to do a lot of research.
Very reasonable answer, it`s what most of us do here for a long time. Anyone can do more than one thing, with 1000 dollars to spend on crypto every month anyone can do a lot of things, try a lot of things, and in all that every person will find something that is good for him. I gamble, trade, hold, spend crypto I have. When you want to do something, anything, you always need to research it first, don`t do anything blindly, don`t invest in anything blindly, it`s worse than gambling.
If I get 1000$ each month, I will invest it in a lot of cryptocurrencies and projects, I will divide for long term and short-term investment.
The best crypto for long-term investment is bitcoin, because all of us now that bitcoin is so strong crypto which have a good potential to increase so much in the long run, in another way, I will look for another cheap crypto which they have some potential to increase, according to the news and invest my money on them, It's a bit risky but I should be more careful when I decide to invest in a crypto, I need to do a lot of research.
The best crypto for long-term investment is bitcoin, because all of us now that bitcoin is so strong crypto which have a good potential to increase so much in the long run, in another way, I will look for another cheap crypto which they have some potential to increase, according to the news and invest my money on them, It's a bit risky but I should be more careful when I decide to invest in a crypto, I need to do a lot of research.
All forms of investment will definitely be at risk, as you experienced in the past, but unfortunately you stop and just want to continue again.
maybe your $ 1K capital, you can invest in new altcoins that may already have a market, but again need deep observation and patience, no need to panic too fast when prices go down, wait and always pay attention to the developments you invest, because the market will always grow, that is the belief you must have.
The problem with the "promising and well trusted coins" is that they can fall hard if anything changes for the worse. Or even if nothing bad happens to the coin itself, a new project might contest them and do the same things in a better way, resulting in people living the "old and trusted coin" for the newer and arguably better one.
If you invest in middle-valued coins, the chances of going up or down will be about the same but you stand to win more on the way up.
For example Ethereum is already very high, I don't expect it to go 10x times up.
On the other hand, ARK is very cheap and it's utilities could be used to replace Ethereum in the future. It can go 100x times up and still be half of Ethereum's value.
I don’t know if you do follow up with any of these technical analysis, like on Cointelegraph.com, they do analysis, mainly on the top ten cryptocurrencies in the market. Maybe you should just buy the top coins and hodl them till the price goes up. That’s the best thing I can advise you to do as of now. Your choice though.
Anyone who is holding of affordable money must invest into cryptos for the basis of long-term trading. It is not actual trading but it is an investment but it may turn as trading in short-term because crypto's are going to boom at any time.
Anyone who is holding of affordable money must invest into cryptos for the basis of long-term trading. It is not actual trading but it is an investment but it may turn as trading in short-term because crypto's are going to boom at any time.
All forms of investment will definitely be at risk, as you experienced in the past, but unfortunately you stop and just want to continue again.
maybe your $ 1K capital, you can invest in new altcoins that may already have a market, but again need deep observation and patience, no need to panic too fast when prices go down, wait and always pay attention to the developments you invest, because the market will always grow, that is the belief you must have.
All forms of investment will definitely be at risk, as you experienced in the past, but unfortunately you stop and just want to continue again.
maybe your $ 1K capital, you can invest in new altcoins that may already have a market, but again need deep observation and patience, no need to panic too fast when prices go down, wait and always pay attention to the developments you invest, because the market will always grow, that is the belief you must have.
It would appear that you contributed what you can stand to lose so simply proceed to hold and don't make an auction. I for the most part don't give budgetary exhorts, yet on the off chance that you are here for the whole deal, at that point I would run with Bitcoin. It difficult to put your cash in new undertakings due to trick and lion's share for altcoin has likewise endured. Just bitcoin is the best alternative for the time being extraordinarily in case we're going to see another enormous bull keep running in the following coming months or years.
Have a look at circle.com and their investing app. That or coinbase. They offer an option that you can inject your buy amount and they have a risk tollerance profile (or a few) that encompass a variety of different crypto. That or I would buy around 5% of each thing on poloniex.
All forms of investment will definitely be at risk, as you experienced in the past, but unfortunately you stop and just want to continue again.
maybe your $ 1K capital, you can invest in new altcoins that may already have a market, but again need deep observation and patience, no need to panic too fast when prices go down, wait and always pay attention to the developments you invest, because the market will always grow, that is the belief you must have.
I guess there is one golden rule (if you would) in investing into crypto and it says "only invest what you can afford to lose"
The market will recover I believe too. For now, I'd like to say bitcoin is still best to stock on and look for a project that you know is continuously growing with the team and have great potential. Exchange coin for example and projects that have working platforms/products.
The market will recover I believe too. For now, I'd like to say bitcoin is still best to stock on and look for a project that you know is continuously growing with the team and have great potential. Exchange coin for example and projects that have working platforms/products.
Jump to: