Cryptocurrencies are very volatile and have a market manipulation or Flash Crash scenarios more often than other equities. So it depends on your Risk Appetite to decide the amount you want to invest in Crypto.
If you are young and have a sound knowledge of Market, great. Go ahead and invest 70-75% of your total Savings. Or decrease it depending on your future plans and needs of your saving.
Topic: how much % should I invest in bitcoin trading? - page 3. (Read 974 times)
You may share your plans,
Lets say that your target to involve in ICO or just HODL big 10 coins.
You alsa jave to be very patient
It s a long journey
Lets say that your target to involve in ICO or just HODL big 10 coins.
You alsa jave to be very patient
It s a long journey
Assuming I can gather 500$ a week from here and there,how much exactly should I invest.
I'm not that greedy and there is no time constraint.
I think the best percentage for you to invest in the bitcoin was around 40% and why? it caused by the bitcoin is the main crypto that has used by all of the cryptos to be pegged on its price with the bitcoin itself. I'm not that greedy and there is no time constraint.
And you cna try to invest the rest in another coin.
I would suggest to buy Bitcoin for 450$, altcoins for 50$ and keep 400$ Bitcoin and all altcoins in wallet. Take 50$ for ICOs and don't waste your money for daytrading.
What would be the right time to buy?Which altcoins should I buy?
What is day trading?
Thank you for your suggestion sir
Assuming I can gather 500$ a week from here and there,how much exactly should I invest.
I'm not that greedy and there is no time constraint.
You can invest up to 20-30% from you income. It will be more then enough, more important to do it regularly. You can start from bitcoin and ethereum. I'm not that greedy and there is no time constraint.
Assuming I can gather 500$ a week from here and there,how much exactly should I invest.
I'm not that greedy and there is no time constraint.
I think the best percentage for you to invest in the bitcoin was around 40% and why? it caused by the bitcoin is the main crypto that has used by all of the cryptos to be pegged on its price with the bitcoin itself. I'm not that greedy and there is no time constraint.
And you cna try to invest the rest in another coin.
I'm currently making about $1500 from my day job and I'm allocating half of it to buy bitcoins whenever it dips--or I deem that it's a great entry point for me. I've been buying bitcoin for 3 years now and only sell whenever I need some fast cash. Also, the cost of living on where I'm at right now is really cheap compared to when i was in Canada so money isn't really an issue if all I ever need to pay is my basic needs: rent, food, utility, internet--you get the gist. If you would be comfortable on allocating half of that $500 every week for bitcoin then do it. The main concern you'd ever face is whether you're okay with potentially losing x amount of money in the process. Most of the time you're in profit but you shouldn't eliminate the possibility of you losing the same money as well in the long run.
Assuming I can gather 500$ a week from here and there,how much exactly should I invest.
I'm not that greedy and there is no time constraint.
If you are getting $500 every week than you can allocate any amount you like which you can afford to loss. If you are talking about short term trading than you can use those whole amount to make good amount of profit weekly but if you want to invest for long term and also on ICO than you should put around 50% everyweek. $500 is really good amount to invest every week, good luck. I'm not that greedy and there is no time constraint.
with 500 $ you can use maybe 50 - 100 $ for trading, because if the amount of capital that little gain is not so visible, but you also have to have good skill and experience in trading
if you want to invest better invest a small amount first and find or know how it works until you get more experience. just invest what can you afford to lose.
I would suggest to buy Bitcoin for 450$, altcoins for 50$ and keep 400$ Bitcoin and all altcoins in wallet. Take 50$ for ICOs and don't waste your money for daytrading.
Assuming I can gather 500$ a week from here and there,how much exactly should I invest.
I'm not that greedy and there is no time constraint.
I'm not that greedy and there is no time constraint.
Damn, 500$ a week is quite a money.
This will depend kn what is your responsibilities in your current life. If you have a family to sustain then dont go full in. If you are single, then learn about the blockchain first and study about cryptocurrencies, later youll be putting all your money in BTC if you understand. Time is still running and later there will be global adoption.
Thats one of the headlines, if you dont invest now, you maybe too late. Im not forcing you to invest, what I mean is give a chance to one of the greatest milestone of mankind . The blockchain.
$500 is not a small amount and it is not a huge amount to trade either, but the fact is, it all depends on your own trading skills and knowledge. If you have no idea about trading, you do not even have a single strategy to trade safely or you have not so far hit the books to learn about trading, please, just use that fund to buy some bitcoin and leave in your wallet until you are sure you are good enough to start.
Secondly, if you have learned some few things about trading, and you are sure of yourself to go ahead, I will advise you start with small and see how far you go with that first. ($50 - $100 for a test of your trading skills is not bad). Do not rush, take your time, practice some of the things you have learned, and gather some experience from some of your mistakes. After a while, grade yourself and see if you are good enough to start with the $500.
The more you trade, the more you can make use of, to maximize your positions, but you have to realize that trading is not easy, so you have to be sure first or you will lose so much. If you end up to be a good trader, you can increase that $500 before you even know it.
Secondly, if you have learned some few things about trading, and you are sure of yourself to go ahead, I will advise you start with small and see how far you go with that first. ($50 - $100 for a test of your trading skills is not bad). Do not rush, take your time, practice some of the things you have learned, and gather some experience from some of your mistakes. After a while, grade yourself and see if you are good enough to start with the $500.
The more you trade, the more you can make use of, to maximize your positions, but you have to realize that trading is not easy, so you have to be sure first or you will lose so much. If you end up to be a good trader, you can increase that $500 before you even know it.
Jump in there now if you r ready to take the risk.
It is a fun ride.
Like roller coaster,
Fun right?
It is a fun ride.
Like roller coaster,
Fun right?
If you aren't quite knowledgeable in bitcoin or cryptocurrency trading, I definitely suggest that you start with a very small amount. With your $500 a week income, I suggest that you start playing around with like $30-$50. Just so it wouldn't hurt you that much financially if you lose most of your trades. Also take note that not because you made profit on your first day, that you will gain profit on the following days. Sometimes you win sometimes you lose.
Assuming I can gather 500$ a week from here and there,how much exactly should I invest.
I'm not that greedy and there is no time constraint.
I'm not that greedy and there is no time constraint.
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