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Topic: $1000 to spare each month, how would you invest it? - page 9. (Read 2414 times)

newbie
Activity: 1
Merit: 0
Im currently in a business which The trader makes up to .66% per day of all the money that goes into their trading account for 365 days.
sr. member
Activity: 1400
Merit: 269
I would be cost averaging it, each week or each time the bitcoin price plummet i'll be buying using that money and diverging my portfolio on each altcoin that i see that has a potential to grow like XRP, LTC and XMR with my main money on btc. The crypto has still lots of potential ahead and blockchain technology is becoming a trend, institutional investors coming. I think it's wise to accumulate more while you still can but i dont have that kind of money.
sr. member
Activity: 756
Merit: 252
With that ammount monthly I will settle for trading.  Learn it well and know when to buy the dip and sell the pump. I will also short Bitcoin,  trade it and make mote profit

First of all 1000$ per month is a quite lot of money and one should not risk all of it in trading. I would suggest to keep 50% in bitcoin and trade with the remaining 500$ with altcoins.
If he is ready to trade that amount of money then we need to respect his decision, 1000 dollars may seem like a lot of money but when it comes to trading that is not really that much money especially since the earnings that you are going to get are small, most of the time below 5% so you could trade for many days and at most get a profit of 50 dollars.
newbie
Activity: 9
Merit: 0
My Advice , dont put your eggs in one basket , diversified your activity ,get better experience in other field , i suggest to try affiliate business and promote it using reliable advertising network, if you know what are you doing and do small research for choosing the right product and good network then you can double this money .
sr. member
Activity: 444
Merit: 254
With that ammount monthly I will settle for trading.  Learn it well and know when to buy the dip and sell the pump. I will also short Bitcoin,  trade it and make mote profit

First of all 1000$ per month is a quite lot of money and one should not risk all of it in trading. I would suggest to keep 50% in bitcoin and trade with the remaining 500$ with altcoins.
I would also use this strategy but instead of trading prefer just to buy and hodl altcoins with real use products. Also I would consider projects with small total supply.
hero member
Activity: 2464
Merit: 877
With that ammount monthly I will settle for trading.  Learn it well and know when to buy the dip and sell the pump. I will also short Bitcoin,  trade it and make mote profit

First of all 1000$ per month is a quite lot of money and one should not risk all of it in trading. I would suggest to keep 50% in bitcoin and trade with the remaining 500$ with altcoins.
newbie
Activity: 213
Merit: 0
With this monthly amount I`ll focus on long-term investments.
Especially during the current market, it is perfect opportunity to max out.
newbie
Activity: 42
Merit: 0
Wow If I got $1000 to spare each month , I immediately  pump into my Vegas Casino account and get the first deposit is made at the site, up to 1BTC in free cash, courtesy of a 100% match or even  on the second deposit , to the tune of a 50% match and worth up to another 1BTC.

Then using the blackjack basic strategy for hitting, standing, doubling down, and splitting pairs. A little time spent learning to play well can make my money go a lot farther in the casino.  I reckon Blackjack is a great game for casino novices. It is more engaging that a slot machine, but is much less complex than poker. So i probably double it in time if lady luck smile on me
newbie
Activity: 30
Merit: 0
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 do know that all cryptocurrencies usually go same direction with Bitcoin (not really, but mostly they do), so wouldn’t it be best for you to divide the $1000 and invest a part of it in something that will also yield you income and then invest the remaining in cryptocurrency, maybe Bitcoin, Stellar and XRP or any coins you decide to choose? Why I said this is in case crypto fails you, you will still have something else to rely on.
copper member
Activity: 238
Merit: 0
I advise you to trust your investment to a team of weenzee professionals . They have a lot of experience and a strong team to trade cryptocurrencies .
hero member
Activity: 1190
Merit: 500
With that ammount monthly I will settle for trading.  Learn it well and know when to buy the dip and sell the pump. I will also short Bitcoin,  trade it and make mote profit
I will not increase my trading capital every month, let my initial capital grow it. whereas I can allocate that money every month for
other things such as buying commodities like as real estate or gold, it will be better I think..
sr. member
Activity: 756
Merit: 252
If you just want to keep investing on the cryptos every month without cashing out in the near future then it will be the bitcoin for your preference or you can invest on the altcoins and do short term trading with it to make your profits in small intervals but it needs your effort also.
Honestly, for long term hold, bitcoin seems to be the thing. Sure, a lot of people may say there is a need to diversify, but as things are going right now, I still find it pretty hard to find altcoins to be diversifying into until I basically start seeing something substantial in them when it comes to the usage of their product if they have one at all.

Certainly, at this stage, the market is highly speculative and there is no doubt about that, but when it comes to having your mind at rest, even if you want to invest in altcoins, you should be putting more percentage into bitcoin and lesser percentage into altcoins you have basically studied to know there is a chance for possible future.
This is the same opinion that I have, diversifying your investments is something that investors try to do to reduce their exposure to risk, but the volatility of altcoins is greater than the volatility of bitcoin and when we take into account that many of those coins turn out to be scams then we need to question ourselves if it is really worth it to try to diversify our investments.
hero member
Activity: 980
Merit: 506
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?
Bitcoin is mainly what we focus on when we talk about bull run, so if you need a coin to buy and Hodl for a long time then it’s mean to be Bitcoin, but not just Bitcoin. There are good altcoins out there and most of them are really cheap that you can buy a lot of coins with just the $1000 and keep them and watch them grow. But bitcoin is a target you shouldn’t miss, since the bull can come at anytime, maybe next year.
newbie
Activity: 24
Merit: 1
I would split half into BTC and the other half to whichever top 25 coins I feel like buying that month.
member
Activity: 473
Merit: 11
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.

in large quantities of course we must be prepared with all risks including loss, invest must be at the right time, of course with that much money, it would be better to be used for scalping or taking short-term profits, more profitable than investments that will take more time . Market that suddenly drops can be depressing
brand new
Activity: 0
Merit: 0
you could just buy in dip all those coins in cryptobridge
hero member
Activity: 1190
Merit: 525
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I would invest $1000 monthly in BTC and split the Bitcoins among some different websites to keep it generating extra income, not depending exclusively on the currency's fluctuations. Personally I wouldn't invest in AltCoins for now, they follow Bitcoin's price, and Bitcoin needs to be stronger to turn AltCoins investments more worthful again.
hero member
Activity: 3080
Merit: 603
I think that you can invest in a bit of everything. You can certainly count and try to anticipate the behavior of the market. But you can invest a little in everything that inspires confidence. You can always allocate some budget for such adventures. Of course here from luck
I'd be careful with that "everything".

Yeah he can invest to those coins which he is comfortable with. But as I've said, I'll be a bit careful with it, doesn't mean that you are confident with it you'll likely to receive decent reward. And as you said, taking it for an adventure would really make sense on where he's going to invest including with some research.
Exactly, there is no certain trend in this market so better to be more wiser when it comes to investmet. $1000 every month is too high for me and if I have that much money, i’d rather to put up a business where I can manage and earn profit everyday. Don’t invest/trade if you are not confident with yourself, remember the risk of this market and for sure if you continue to do that without enough knowledge, expect your money to be gone. Let’s not be too comfortable, always think for the better and be wiser when taking risk.
Yeah becoming wiser with such money should carefully apply if you are into investments.

You are all in for such adventure if this amount is just nothing to you. We have different state of living and there a lot of people that can attain to make this amount for that "adventure" in investment. And for crypto, the market swings quickly and I agree with luck but that's not just everything you need.
full member
Activity: 938
Merit: 105
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?
As of now, we don't know yet when bull run happen but if you gather the idea that is it the right time to invest from you saving money then it is. Yes, only invest what you can afford or a little bit from your saving, always secure the budget of your family and for the emergency savings purposes. Just we say that from your 100% whole total income then split it into 3, 50% the daily use, saving 30% and 20% investment. In that way you can manage well your money.
full member
Activity: 742
Merit: 144
I think that you can invest in a bit of everything. You can certainly count and try to anticipate the behavior of the market. But you can invest a little in everything that inspires confidence. You can always allocate some budget for such adventures. Of course here from luck
I'd be careful with that "everything".

Yeah he can invest to those coins which he is comfortable with. But as I've said, I'll be a bit careful with it, doesn't mean that you are confident with it you'll likely to receive decent reward. And as you said, taking it for an adventure would really make sense on where he's going to invest including with some research.
Exactly, there is no certain trend in this market so better to be more wiser when it comes to investmet. $1000 every month is too high for me and if I have that much money, i’d rather to put up a business where I can manage and earn profit everyday. Don’t invest/trade if you are not confident with yourself, remember the risk of this market and for sure if you continue to do that without enough knowledge, expect your money to be gone. Let’s not be too comfortable, always think for the better and be wiser when taking risk.
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