Then trade it with altcoin where have high volume and maybe will pump soon. That is need some analytic.
If you think that is hard, just HODL, sell it when you think profit is good.
Not recommended to gamble it. I already loss many bitcoin
Topic: Advice for a poor newbie (Read 729 times)
I prefer 100% in Bitcoin.
Then trade it with altcoin where have high volume and maybe will pump soon. That is need some analytic.
If you think that is hard, just HODL, sell it when you think profit is good.
Not recommended to gamble it. I already loss many bitcoin
Then trade it with altcoin where have high volume and maybe will pump soon. That is need some analytic.
If you think that is hard, just HODL, sell it when you think profit is good.
Not recommended to gamble it. I already loss many bitcoin
Hello, I recently got into crypto because I find it really interesting and if you can make a bit of money with it, why not get into it.
The only problem is I only have 30-40€ a week to invest in crypto. Except I don't know what would help me make a profit, I have like 24$ worth of BNB, 15$ of TRON, and about the same of BTC and ETH.
I don't know if I should HODL most of them and add a bit of money to each every week or take more risks and try alt coins with 50-100€ for short term investments.
Tl;dr: Can someone with experience tell me how to invest small quantities of money.
Thanks in advance
The only problem is I only have 30-40€ a week to invest in crypto. Except I don't know what would help me make a profit, I have like 24$ worth of BNB, 15$ of TRON, and about the same of BTC and ETH.
I don't know if I should HODL most of them and add a bit of money to each every week or take more risks and try alt coins with 50-100€ for short term investments.
Tl;dr: Can someone with experience tell me how to invest small quantities of money.
Thanks in advance
If you can see each of your coins can increase higher than the price you bought, you can sell it in bitcoin pair altcoin. But if you prefer to hold your altcoin, then you can still hold while waiting for the next bull run for the altcoin. If you want to add more money each week, then I suggest you buy the only bitcoin because you already have BNB, TRON, and ETH. It's better to hold bitcoin as much as you can than to hold the altcoin. But that will be up to you to choose.
it may not make good investment sense to keep small coin parcels. better but BTC which is the most popular of the other cryptocurrencies.
Try to pick that in which if you will get more profit if you will hold for a long time and also do your fully research about the coin then only invest so that you will be at the safer side. If you are not sure then don't put all your money in one coin.
I think the most important advice I can give you in reference to getting into crypto isn't in trying to find the next gem coin to make money on.
Learn how crypto works 1st, learn the technology, how crypto has evolved, and will evolve over time.
Do that before you ever invest one more cent into crypto!
Bitcoin is king for a reason!
Buy bitcoin 1st and then as you learn, in time, then buy some alts but do your own due diligence 1st! don't just buy what others tell you to buy, research then research some more.
Right now many alts are dying out due to the "crypto winter" and their current prices aren't the most important consideration to look for. you want projects that can continue to weather through this time and have quality built into them not fly by night gimmicks.
Learn how crypto works 1st, learn the technology, how crypto has evolved, and will evolve over time.
Do that before you ever invest one more cent into crypto!
Bitcoin is king for a reason!
Buy bitcoin 1st and then as you learn, in time, then buy some alts but do your own due diligence 1st! don't just buy what others tell you to buy, research then research some more.
Right now many alts are dying out due to the "crypto winter" and their current prices aren't the most important consideration to look for. you want projects that can continue to weather through this time and have quality built into them not fly by night gimmicks.
Hello, I recently got into crypto because I find it really interesting and if you can make a bit of money with it, why not get into it.
The only problem is I only have 30-40€ a week to invest in crypto. Except I don't know what would help me make a profit, I have like 24$ worth of BNB, 15$ of TRON, and about the same of BTC and ETH.
I don't know if I should HODL most of them and add a bit of money to each every week or take more risks and try alt coins with 50-100€ for short term investments.
Tl;dr: Can someone with experience tell me how to invest small quantities of money.
Thanks in advance
The only problem is I only have 30-40€ a week to invest in crypto. Except I don't know what would help me make a profit, I have like 24$ worth of BNB, 15$ of TRON, and about the same of BTC and ETH.
I don't know if I should HODL most of them and add a bit of money to each every week or take more risks and try alt coins with 50-100€ for short term investments.
Tl;dr: Can someone with experience tell me how to invest small quantities of money.
Thanks in advance
Since it's a small amount and one false can trigger big lost I advice that you only invest your money on the top 5 coins in the market and do not look for a new coin now, there's a lot of risk investing in ICO, Bitcoin and Ethereum is a sure bet, you can start to invest when the price is dipping so that when the price goes up you will have profit, then keeps adding funds until you build a good portfolio.
I think it is best to hodl other coins if you can afford to and have extra or if you use that particular coin. For me I hold mostly bitcoin and a fair sum of eth. I use the eth since I bounty hunt and need it for gas to trade. I also use eth to buy things online through payment gateways like coinpayments. You can make some quick profits if you carefully select and support projects and then sell them off quickly while the going is good and then use that to grow your bitcoin investment. Once it is fairly large you can consider holding other altcoins for the long term. Right now focus bitcoin 100%
If i were you i would just keep on buying BTC every week and HODL it as long as possible. Price will rise for sure in the future!
My advice is: invest 100% of what you have in BTC
If I have done that, I would have much more money in my portfolio now. Every coin , even ethereum and ripple, in the long term have a worst performance than BTC.
You may get lucky and get some coin with a huge pump, but that's like gambling
Just go 100% BTC and you will be fine in long term.
A 100% BTC portfolio have a better performance than 99% portfolios out there.
This is absolutely true, Hodling Bitcoin, I feel safer, than Hodling some other coins... If I have done that, I would have much more money in my portfolio now. Every coin , even ethereum and ripple, in the long term have a worst performance than BTC.
You may get lucky and get some coin with a huge pump, but that's like gambling
Just go 100% BTC and you will be fine in long term.
A 100% BTC portfolio have a better performance than 99% portfolios out there.
You know that feeling you get where you feel at home, dats why I will advice Btc investment
Do. Not. Invest. In. Things. You. Do. Not. Understand.
Why did you personally pick these coins? To be honest, if you're asking these types questions, chances are, you haven't even consulted Google. Also, the best investments and the risk to reward ratio that's best for you completely depends on your finances. Do we know your financial situation? No. Only you does.
Probably put money into cryptocurrencies if:
Invest in other safer assets(stocks, ETFs, etc) if:
Yea I agree with the phrase "do not invest in things you do not understand" as this will mean total loss for you even before you began. Why did you personally pick these coins? To be honest, if you're asking these types questions, chances are, you haven't even consulted Google. Also, the best investments and the risk to reward ratio that's best for you completely depends on your finances. Do we know your financial situation? No. Only you does.
Probably put money into cryptocurrencies if:
- You have extra money that you can afford losing.
- If you actually understand what these cryptocurrencies are for.
Invest in other safer assets(stocks, ETFs, etc) if:
- You'd prefer to not have something that could crash in value overnight.
- You simply do not afford losing money.
My advice is, get more facts, research about the market trends and of course your method is great too, asking advise from experts, these will give you a fighting chance
Tl;dr: Can someone with experience tell me how to invest small quantities of money.
I would switch everything to one crypto which is Bitcoin. It has most chances to gain value long-term.Keep buying even low money eventually will give you more serious amount of BTC that could give you nice profit.
Its not investment advice per se, do what you like, i would do this.
Hello, I recently got into crypto because I find it really interesting and if you can make a bit of money with it, why not get into it.
The only problem is I only have 30-40€ a week to invest in crypto. Except I don't know what would help me make a profit, I have like 24$ worth of BNB, 15$ of TRON, and about the same of BTC and ETH.
I don't know if I should HODL most of them and add a bit of money to each every week or take more risks and try alt coins with 50-100€ for short term investments.
Tl;dr: Can someone with experience tell me how to invest small quantities of money.
Thanks in advance
Your pattern of investment should be long term investment not short term investment. Hodling is the best thing for you cos your investment is abit poor and it wont be giving you the desirable profit you longed for. Invest hugely if you want short time investment The only problem is I only have 30-40€ a week to invest in crypto. Except I don't know what would help me make a profit, I have like 24$ worth of BNB, 15$ of TRON, and about the same of BTC and ETH.
I don't know if I should HODL most of them and add a bit of money to each every week or take more risks and try alt coins with 50-100€ for short term investments.
Tl;dr: Can someone with experience tell me how to invest small quantities of money.
Thanks in advance
Always you must tried the top token to invest. if you holding some coin ready to invest & you may get a lot of profit in return beside all you must used the safest way that makes you allow to get benefit i think BTC portfolio is best for investing therefore it gives you 100% chance to getting profit & not involve in risk rather than other alt-coins so you may invest in bitcoin you must also know which platform is best for investing read the policies and invest according to it.
Seems you are investing just for profits and you have zero knowledge about the projects you invested in, why not spend your time on learning the differences first? you might actually find yourself some nice answers that will make you decide whether to invest in bitcoin or even decide between longterm and short term investment...Do not invest a penny in anything you knew nothing about, Remember that knowledge is power,without knowledge you will take the wrong path
The decision is all about how much risk you are willing to accept. Bitcoin is the safest bet, but alts, particularly low cap alts, are a lot more like just throwing the dice and hoping for the best. The lower you go in market cap, the higher the potential reward, but also the higher the risk.
Personally I would say go for BTC, with some ETH. But then that is based on my own limited appetite for risk.
Personally I would say go for BTC, with some ETH. But then that is based on my own limited appetite for risk.
I will advice you go more into investing in bitcoin let say 70% investment on bitcoin and spread your capital on some other coins, if you get lucky the altcoin market may get a pump and at that you get more profits from that. But above all if you want to go in for long term purpose then you hold bitcoin.
My advice is: invest 100% of what you have in BTC
If I have done that, I would have much more money in my portfolio now. Every coin , even ethereum and ripple, in the long term have a worst performance than BTC.
You may get lucky and get some coin with a huge pump, but that's like gambling
Just go 100% BTC and you will be fine in long term.
A 100% BTC portfolio have a better performance than 99% portfolios out there.
If I have done that, I would have much more money in my portfolio now. Every coin , even ethereum and ripple, in the long term have a worst performance than BTC.
You may get lucky and get some coin with a huge pump, but that's like gambling
Just go 100% BTC and you will be fine in long term.
A 100% BTC portfolio have a better performance than 99% portfolios out there.
Exactly this.
For some reason people think BTC won't give them high enough return, so they choose to invest in various alts that might have better performance in the short term, but for that you have to be experienced trader to get out on time and actually profit, and even they can miss a lot.
I thought the same year or two ago, but now I invest only in BTC, I don't care about any other cryptocurrency, BTC by itself is risky enough as investment, I don't have to push my luck that much, and as you said, in the long run BTC will outperform others and that's what matters in the end.
IF your end goal is money you need to think about ownership and have the mind of a capitalist. Not just making money by speculating, when you have actual businesses that make money off others you will become wealthy.
If you question what coin to always invest in, always invest in BTC.
New user-> 100% BTC -> read/learn -> Portfolio of coins/ trading.
This is what I prefer doing. Initial stage is not for portfolio.
This is what I prefer doing. Initial stage is not for portfolio.
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