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Topic: How to invest 1k in altcoins - page 3. (Read 552 times)

hero member
Activity: 1498
Merit: 785
April 05, 2024, 02:40:35 PM
#20
Maybe you have $1000 in capital to invest in altcoins by diversifying across multiple altcoins?

You can choose which altcoin you want depending on you by doing research because we know that altcoins are so many types available on the market that even in the order of 100 altcoins it has the potential to go up.

I believe more in ETH, BNB and TON for diversification even this is not a suggestion for you because only I myself do a total of all 20% owned from altcoins the rest focus on bitcoin accumulation.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
April 05, 2024, 02:28:43 PM
#19
Everyone will suggest your different coins so I think that after getting these suggestions try to make you own research as it's your money and without you nobody can understand the value of this Sum. If you just want to invest in altcoins then first and foremost option should be Ethereum as due to its use cases the success is more prominent.

BNB also shows greater achievement and if we look towards Solana then rate of success suggests that one should not ignore such a useful coin. Nothing is crypto market is safe but if your investment assets are stronger and has shown its success from years then reduction of risk can make possible.
sr. member
Activity: 2100
Merit: 309
April 05, 2024, 02:05:17 PM
#18
Better spending your $1,000 in two altcoin with potential for trading, I don't think good ideas when put the eggs in one bracket only and better use your money spending with several altcoins kinds. Depend your capital not too bigger so spending two altcoin for investing is worth and invest around $500 each altcoin. Looking with altcoin still have lower price under $20 with potential up few percent in daily and you can take profit without have to be long term holding, based on altcoin with ratio moving few percent every day seems you can trade with altcoin or BNB but price too high and take profit around $20 to $30 how BNB moving price in daily day.
If want get higher risk you can trade with new coins listing in Binance for potential growing up to 50%, but not all new coins listing in binance guarantee raise up in short term.
legendary
Activity: 2338
Merit: 1084
zknodes.org
April 05, 2024, 01:44:43 PM
#17
The diversification in the coins you want to invest in is quite diverse, because everyone has their own allocation. Perhaps the largest allocation can be set for the most trusted investments, such as Bitcoin which has an allocation of around 40%-50% nand the rest can be with ETH and top altcoins. For memecoins it may only be around 10%-5% and this can be set as desired and do not use too much for memecoin or shitcoins. Don't forget to allocate Fiat reserves to reserves when the market crashes or in unpredictable conditions and can make repurchases.
legendary
Activity: 1596
Merit: 1288
April 05, 2024, 01:40:42 PM
#16
Diversifying investment means investing in asset classes that are not related to each other or are inverse in nature, such as gold and the dollar. Assets that are not related to each other can include cash , cryptocurrencies, gold and silver,  metals, stocks, or any asset whose value is not linked to these assets.

In cryptocurrencies category, most cryptocurrencies follow Bitcoin in terms of price, so this is not diversification, but rather distribution of risks. The more you invest in an altcoin with a low market capacity, the greater the risks and the lower the chances of achieving profits.
Coins that may be good for short-term investment are L2 tokens, memecoins, AI coins.
hero member
Activity: 1232
Merit: 516
April 05, 2024, 01:33:50 PM
#15
Before getting that information, i think OP should learn about another vital knowledge, which is how to extract information from the web or any other source of information. This topic has been discussed here several times and if OP made a little bit of effort, he would have found a lot more information about it. Still, i want to drop my opinion here so that he might find it useful.

With only 1k the best thing you can do is buy some ETH, SOL, TIA, ATOM and use their ecosystem project that has the potential to airdrop in the future. This way you will have exposure to some of the major altcoins and at the same time have a chance to get a lot of free money.
legendary
Activity: 3276
Merit: 2442
April 05, 2024, 12:40:11 PM
#14
It is only $1000 so go buy litecoin with it. There are potentially 1000% gains imo. LTC has an ETF which is about to get approved by the SEC and it is nearly at its all time lows against BTC. More so, it is the most preferred coin on Bitpay. It is very cheap, it has huge potential. It is like how they said in that famous movie, I am standing in front of a burning house and I am offering fire insurance on it. When people wake up to its potential, it will be already too late. The decision is yours.
hero member
Activity: 1652
Merit: 569
Catalog Websites
April 05, 2024, 12:31:04 PM
#13
I have one advice to you by looking at your post. Forget about investing as of now and first learn bit more about Altcoins and then shortlist the Altcoins then you may decide how can you diversify your portfolio because it's not as easy when it comes to Altcoins because it may not regain its ATH once it's dumped unlike Bitcoin hence without knowledge don't invest a penny.

Shortlist the coins and the choose top 5 and share those coins details you will get suggestions and combine it with your own research.
hero member
Activity: 2716
Merit: 698
Dimon69
April 05, 2024, 11:39:59 AM
#12
How to invest i mean how to diverse 1000

On altcoins how much to buy of each coin?!

In safe way and profitable

There’s no safe way to invest on altcoins because it all volatile once the market turn into general bullish trend. If you want to have a real asset diversification then put most of your coins on Bitcoin and the rest should be split to top altcoins only.

Sticking to high marketcap investments will make you safe to too much volatility while you can still gain a lot since top altcoins usually pump the same way as Bitcoin. The specific percentage depends on you trust the project. Assign it on trust basis so that it will be easy for you to decide rather than follow other users preferences that doesn’t match your own preference.
legendary
Activity: 3178
Merit: 1054
April 05, 2024, 11:35:23 AM
#11
he isn't a newbie here in the forum so he must know something but he still asks. if you are not going to gamble the $1000 on blackjack, i guess it fits if you invest in an altcoin that you can also gamble on casinos. buy doge if this is what you have in moind.

but its bull run, its coming and if i am in the position, i would probably spend the $1k to a memecoin. you ask for it and that's my answer, no diversification and all to a memecoin, probably Shib and just wait til the price is good for selling. SHIB is also accepted on stake.com by the way.

legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
April 05, 2024, 09:19:25 AM
#10
~
If you can't decide yourself on how to invest your hard-earned money, I suggest you shouldn't invest at all.
You have the money, but you don't have the knowledge that will help you decide which coins should you invest your money with. That's dangerous.

Anybody here can say "Invest into meme coins" or "Invest into shitcoins" or "Invest into this type of coin because it will pump soon". I mean anybody can say their token, and some might just PM you and market the token that they're holding or affiliated with. At the end of the day, it must be you who do the decision. Asking here will lead you to nothing, and you might get overwhelmed with the answers.

Well anyway, many already shared their tokens where you can invest your money with. It's up to you now to if which coins are you picking. Good Luck.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
April 05, 2024, 08:38:03 AM
#9
How to invest i mean how to diverse 1000

On altcoins how much to buy of each coin?!

In safe way and profitable
When you decide to invest in altcoins, diversification is quite an important thing to do. Diversification can be carried out by managing funds that best suit certain coins. So, let's say you have $1000, then you first decide how many coins you will take.

If, for example, you decide to take 3-4 coins, then make sure you choose the top coins. Apart from that, you also have to pay attention to the price of each coin. So you can confirm the percentage of each coin. It could be an average of 25% per each coin. Or it will be different depending on what coin you choose.

Personally, I would choose only 3 coins:
ETH : 50%
BNB : 30%
XRP or coins under $1 by 20%.
But once again, this is not financial advice, this will depend on your funds and risk management.
hero member
Activity: 3080
Merit: 603
April 05, 2024, 08:27:15 AM
#8
How to invest i mean how to diverse 1000

On altcoins how much to buy of each coin?!

In safe way and profitable
You want a safe and profitable? So, you want someone to do the maneuver for your portfolio? If that is so, this is my tip to you.
  • $500 for Bitcoin
  • $200 for ETH
  • $100 for BNB
  • $200 for anything you want or memes
This kind of portfolio is safer than you can think of since you're wanting to have altcoins and you've got a bigger part of Bitcoin which balances everything.
legendary
Activity: 3108
Merit: 1029
April 05, 2024, 05:00:36 AM
#7
How to invest i mean how to diverse 1000
Probably divide it into 500:500, it's caused by this amount of money is pretty small. It's hard to divide it into the so many parts. You can focus on 1 or 2 legit tokens to maximizing your investment. Im not suggest you to divided it into the so many altcoins.

On altcoins how much to buy of each coin?!
it's hard to know that considering the fact that if you are only having small amounts of money. Low cap altcoins much more preferrable in this case since your money is limited. I will never suggest you to invest in the high marketcap of token since it will be useless.
In safe way and profitable
Then, try to take a look at some low-marketcap tokens available in the market. It will give you a small insight into that.

The better to invest during the bear market but you can also try understand the trend in the market too.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
April 05, 2024, 02:18:09 AM
#6
with that amount of money personally In don't think you need to diversify it too much 3 coins probably suffice and I'm talking about coin that have largest market cap at least if you try to find stability in your investment but if you prefer short term holding for more profit then it is probably newer altcoin that have reached around sub $1 billion market cap that just got introduced and listed in new exchange they probably could be a good alternative if you want a more fast paced investment since i know that some people would prefer to get rich faster but also need to remember that being rich faster could also mean the opposite which is being broke faster.
key takeaway, just invest in a coin like bitcoin, ethereum, and some other coin that have big market cap and good liquidity at least and you're already set.
no need to be too fixated on diversifying since if your capital isn't much diversifying might cause you to lose effectiveness in your investment where it might overcomplicate things on your end and might just make you confused.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
April 05, 2024, 02:10:53 AM
#5
How to invest i mean how to diverse 1000

On altcoins how much to buy of each coin?!

In safe way and profitable

Investing in cryptocurrencies can be risky, but if done wisely it can also be profitable. In order to invest $1000 in potentially profitable coins, a recommended strategy involves allocating 50% of your funds into safe and relatively well established projects like Bitcoin, Ethereum and Solana. The remaining 50% should be invested in promising projects within the artificial intelligence (AI) and real world assets (RWA) sectors, following through research and due diligence. DYOR

full member
Activity: 448
Merit: 130
April 05, 2024, 01:28:38 AM
#4
How to invest i mean how to diverse 1000

On altcoins how much to buy of each coin?!

In safe way and profitable
I don't understand your statement clearly, but I think you want to invest $1000 in different altcoins. Although you have not mentioned the name of the coin, most of the investors have a personal plan to invest in a particular coin. However, if you want to invest $1000 in altcoins, you can focus on the most reliable coins in the market instead of looking at the cheapest coins in the market. In that case you can invest in top coins like Ethereum, BNB, Solana, Dot, Litecoin. I think if you invest in these coins and hold, you will get good returns from here in future.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
April 05, 2024, 01:14:13 AM
#3
If you're asking us how to invest your money (and in altcoins lol), maybe you shouldn't do "investing". Do the work and decision-making yourself, or don't "invest" at all. Imagine trusting the investing knowledge of random online people online man, make it make sense.
sr. member
Activity: 490
Merit: 279
April 05, 2024, 12:03:02 AM
#2
How to invest i mean how to diverse 1000

On altcoins how much to buy of each coin?!

In safe way and profitable

Can you be a little more specific? What do you mean by diverse? Are you looking for percentage for allocating $1k funds equally? Then you need to first find on how many tokens you would like to invest and which tokens are safe in a volatile crypto market. Then decide on which token you will like to allocate more funds. You have to do your homework and research first before asking the forum.
newbie
Activity: 50
Merit: 0
April 04, 2024, 10:32:47 PM
#1
How to invest i mean how to diverse 1000

On altcoins how much to buy of each coin?!

In safe way and profitable
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