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Topic: I have $ 5000. should start where - page 3. (Read 591 times)

member
Activity: 168
Merit: 29
Digital Wealth Management Platform
March 13, 2018, 02:45:46 AM
I have $ 5000. should start where. Let me know what to do with this amount, thanks  Smiley

If I have that amount then I will go to coinmarketcap.com and pick the best new Altcoins that has a very nice project and promising that could pump in a few weeks or months and have the potential to be the next top altcoins.
There are many new Altcoins that I want to invest if only I have more money today, like WePower, Envion, Sirin Labs, Oyster Pearl etc.
Those Altcoins has the potential to drive up to the next top altcoins in the market in the near future.
member
Activity: 896
Merit: 10
March 13, 2018, 02:42:47 AM
I will suggest get a bit of everything although this also lessen your gains but it also lessen your risk. Split upon Bitcoin, Ethereum and some altcoins will be a good portfolio or you can forget about Bitcoin as your starting capital is not much for bitcoin, study some potential ICOs and buy altcoins then after that take some of your earnings to buy bitcoin.
full member
Activity: 248
Merit: 100
https://exclusiveplatform.com/
March 13, 2018, 02:35:06 AM
I have $ 5000. should start where. Let me know what to do with this amount, thanks  Smiley

You can start trading since it is the most beneficial way to gain profit, for me. Of course there is no assurance that you will always make profit at first. But as time goes by you will slowly learn how to control unwanted situations, and make profit through trading. Lucky for you, you already have an initial money unlike me which goes through campaigns just to start trading. You can try it if you want.
newbie
Activity: 23
Merit: 0
March 13, 2018, 01:10:26 AM
It would be best if you start looking for ICOs, but its at your own risk. Read up on whitepapers, look through the team and find advisors to help you out and then only invest.
full member
Activity: 475
Merit: 100
March 13, 2018, 12:56:31 AM
$5K is a good amount to start investing. i suggest you split it and get a portion of BTC, a Bit of ETH,  WAVES and NEO then hold them for a while, i believe these coins will grow in value., You can also trade, just ensure you know the basics. make sure you know all there is to know about the coins before putting your money in crypto though
full member
Activity: 280
Merit: 100
March 13, 2018, 12:52:49 AM
This question is very subjective. You should start investing on Coins that you believe in. You have to assess it yourself. Don't let the hype dictate you. It can never go wrong if you 100% believe in your coin. Just make sure that it's not a scam coin and legit team
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
March 13, 2018, 12:25:07 AM
I have $ 5000. should start where. Let me know what to do with this amount, thanks  Smiley

If I were you, I'd spend $4000 for Bitcoin and put them in a secure hardware wallet (Ledger Nano S only costs 70EUR, by the way). The rest $1000 is for altcoin with huge multiplier potential. My personal choice for now is WABI and BAT. WABI is currently sitting on 190 marketcap rank, defintiely undervalued given their consistent development. BAT is the same, while not severely undervalued like WABI, I think it should value more. Do your research for both coins and thank me later Wink

I'm not a professional financial advisor. Do it with your own risk.
Small amount for altcoins investment is fine, but I wouldn’t bet 4000 dollars investment on bitcoin. Rather I would trust coins like XMR and NEO to distribute the amount that you are planning to but In bitcoin. One can never say how long bitcoin will be able to hold the top position as its getting surrounded by government and news from media and social FUD.

Better to distribute 5000$ in equally in 5-7 different altcoins. In that way you will mostly be in profit and even if one coin fails, it shouldn’t affect your portfolio much.
full member
Activity: 352
Merit: 100
March 12, 2018, 11:50:28 PM
You can go all in for ETH and IOTA they are really cheap for now. And you will double your money in a month or 2 months.
Or you can simply but BTC and HODL until 20k
Not only ETH and IOTA, but all other crypto currencies are running quite low as the market is in a free fall. This is the best time to buy and get profit. I trust ETH, BTC and IOTA, but I wouldn’t bet investing all 5000 dollars in them. I would rather buy coins that have real applications in real world such as XRP and ONT. ONT is a new project launched on NEO blockchain and has real world application and is quite cheap right now. Its best time to get in both. Distribute investment in these 5 and you will be sitting on profit at the end of the year.
jr. member
Activity: 101
Merit: 1
March 12, 2018, 10:56:58 PM
I think if you new in crypto, and if you interest to invest in ICO, you must Research and learn about Crypto a lot. and you need to really carefully where invest in ICO for avoiding scam and fraud. In my oppinion  you can make proportion to invest like this : 25% for BTC, 25% for ETH, 25% for other coin, and 25% in bank.
member
Activity: 224
Merit: 10
March 12, 2018, 02:03:24 PM
I have $ 5000. should start where. Let me know what to do with this amount, thanks  Smiley

Diversification is the main thing in this case. My opinion: 50% - BTC, 20% - ETH, 30% - other coins (old and the newest, and some money for ICO).
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 12, 2018, 11:04:46 AM
I think all these 1 post I have $$$ to spend threads are bullshit. With that being said right now just buy BTC during Dips while researching projects. don't take anyone's advice on where to put your money, all of them can burn you including BTC.
sr. member
Activity: 882
Merit: 251
March 12, 2018, 10:27:19 AM
There are still good and profitable ICOs out there you can still invest your money. My only advice is that you can invest $3000 on ICOs and $2000 on good altcoins.

It will be extremely difficult for the newbie to understand if the ICO is good or if it is a scam. Thus, I would better recommend spending this money for altcoins and Bitcoins. The proportion can be like this: 30% BTC, 30%ETH, 20% Monero+ other alts.
newbie
Activity: 123
Merit: 0
March 12, 2018, 03:33:00 AM
Dude it is huge amount of money for me, i hope you will success with your investment. first, always diversify your investment, invest in coin already exchangeable, and put it also in some ICO, but really carefully where you invest in ICO for avoiding scam and fraud, and let it grow at least a year. and let it go let it grow.
member
Activity: 196
Merit: 10
Transforming the Global Shipping Industry
March 12, 2018, 02:44:13 AM
I have $ 5000. should start where. Let me know what to do with this amount, thanks  Smiley
The same way, 70% into top coins, 30% into upcoming ICO's. I guess sounds pretty easy) good luck
newbie
Activity: 90
Merit: 0
March 12, 2018, 02:40:36 AM

Id first advice you to do your research on the crypto market and make independent and informed personal decision. having said that, $5k is a good amount to start on. you can divide it ad diversify your investment. put money in the coins you consider most promising.
full member
Activity: 356
Merit: 100
March 12, 2018, 02:26:42 AM
I would invest in bitcoin and take the profit in about a year. Because from year to year it invariably grows in price
sr. member
Activity: 448
Merit: 251
March 12, 2018, 02:25:02 AM
If you have much times use this money to do day trading, and to more easy to trade chooce some potential coins that paired with USDT, so this pair will help for newcomer in day trading to trade more efisien because we only make analysis in 1 coin in every trade. Day trading actually promising higher profit than make invest in ICO and long term hold. And divide that money in to 5 different coins, so  reduce the risk.
I agree with you. But I do not recommend to trade for the whole sum. It is better to divide it. But it's up to you.
full member
Activity: 574
Merit: 102
https://adonx.one
March 12, 2018, 02:19:42 AM
If you have much times use this money to do day trading, and to more easy to trade chooce some potential coins that paired with USDT, so this pair will help for newcomer in day trading to trade more efisien because we only make analysis in 1 coin in every trade. Day trading actually promising higher profit than make invest in ICO and long term hold. And divide that money in to 5 different coins, so  reduce the risk.
sr. member
Activity: 448
Merit: 264
March 12, 2018, 02:18:39 AM
$ 5000 to invest is really good money, under the current circumstances, most of the altcoins will make you money.
sr. member
Activity: 980
Merit: 261
March 12, 2018, 02:15:01 AM
I have $ 5000. should start where. Let me know what to do with this amount, thanks  Smiley

you have 2 choices for me the first one is you can put your money via trading , if you have an idea on how trading works and you need an day to day income you better choose trading , another one is to invest it with a good ICO , with that you will earn but you need to wait 2 to 3 months for you to withdaw your earnings.
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