Topic: A newbie with 100$ - page 3. (Read 1263 times)
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.
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 $100 is still very minimal and can also be for the long term. 
In this bear market, does 100$ 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 $50, you've done good too but still, you could choose never to withdraw from it and instead add to it. 
In this bear market, does 100$ 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.
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$
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 $200 and so on. It implies that you must be knowledgeable and skilled in trade. You have an opportunity to buy at lower prices. Bitcoin or Ethereum are both solid options but I'd rather go for Bitcoin.
It really depends on your perspective. If we’re talking about BTC or ETH, most likely it will be for long term without knowing when it will actually push through. The price movement is uncertain and unpredictable, so you may not know when will it happen and it can go up or down without warning.
In a bear market, this does not only apply to BTC or ETH, the same applies to all altcoins. Both of these coins have good prospects and there is not much difference which one you choose, I assume that in the end both will show approximately the same growth. But since I’m more inclined towards bitcoin, I personally buy bitcoin myself, and now there is practically no ETH in my portfolio, some very small part lies just in case, but my basis is bitcoin.
In this bear market, does 100$ 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.
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.
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 $100,000 within three months. But as a newbie in the trading and investment world, you should first prepare for the worst as you might lose all the money due to emotion and bad decisions. This will only be a preparatory step for you, which many have passed through when they started newly.And as for the difference between Bitcoin and ETH, both could be invested in with no major differences provided you know how they are being priced. Also, they mostly move alike but their volatility might not be the same.
In this bear market, does 100$ 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
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. 
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.
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 $100 will be a better option for him. He could get 1 to 5 dollars daily to add to his capital. By the end of 30days, he could double his capital if he removed greed.
I do subscribe to this your advice. I will put it into practice and hopefully I will come back here to testify.
100$ 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 $100, i'd definitely put it where i am pretty sure my money won't vanish, and if it's gonna be in crypto, i'm afraid it would have to be Bitcoin. In this bear market, does 100$ 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.
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.
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
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.
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. 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.
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.
Jump to: