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Topic: I only have 200$ per month ! - page 13. (Read 7496 times)

sr. member
Activity: 994
Merit: 257
December 11, 2017, 06:19:40 PM
I think you should work hard for few more months and save more money when your amount of money reach to at least 1000$ I think it's enough to invest in Bitcoin or any kind of investment you wanna invest in. But with 200$ only I think it's not enough to invest in anything related to cryptocurrency.
It is really incredible to see how things can change, 200 dollars was not that bad one year ago when bitcoin was worth 1000 you could buy 0.2BTC now those 200 buy a lot less, this was to be expected but at the same time the speed at which everything happened was incredible and this is what has caused any people that thought they had a chance to invest in bitcoin to lament by the fact they did not took the opportunity to invest in bitcoin when they could.
legendary
Activity: 1176
Merit: 1024
December 11, 2017, 10:52:39 AM
Buy bitcoins))
when i have even 20 dollars i buy bitcoin lol
Yes. Honestly, for someone who really understands the fact that bitcoin was once less than a dollar would know there is every possible opportunity in the long run that they were not late after all.

No one knows what tomorrow holds, but at least we understand the risk, and no matter the amount now, it is just cool to buy and leave after all, it is a long term investment. Diversifying though is good, but I would really put more into bitcoin instead.
sr. member
Activity: 518
Merit: 257
December 10, 2017, 06:18:33 PM
You should invest some part savings in the crypto market but it is never recommended to invest all in it because Crypto-currency is really very much volatile and unpredictable. I suggest you to invest $100 out of 200 every month in BTC. This will help you get best ROI with the minimal risk taken.
full member
Activity: 532
Merit: 103
December 10, 2017, 04:49:57 PM
After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  Lips sealed

Please go ahead and invest 70% of the amount you have into bitcoin and use the rest for your emergency expense. You can trust in bitcoin and invest. There will be a great turn over as the price keeps claiming up. We have many investors started investing like you do now. All the best.
sr. member
Activity: 294
Merit: 252
December 10, 2017, 11:40:38 AM
You should always invest the amount of money you can afford to lose .If you are investing for long terms ,invest small amounts over a time and you will be balancing the price fluctuation and risk .No one can tell you how much money to invest in bitcoin, it is something which totally depends on you as it is you who knows how much you can risk and not anyone of us here. .
member
Activity: 280
Merit: 10
December 10, 2017, 10:45:51 AM
Here's what I would do. Just set a repeat buy every week on coinbase or something like that for however much you feel comfortable with. I personally have a repeat buy of $40 ETH a week. And I just let my balance sit there without much thought. Hopefully when I come back to it in a couple years I'd have a good amount of money from the investments. Try it out.

I think you're suggesting him to saving BTC over the time right? But i think you should teach him more about investing and trading to multiples those money?
hero member
Activity: 847
Merit: 500
December 10, 2017, 10:43:17 AM
Here's what I would do. Just set a repeat buy every week on coinbase or something like that for however much you feel comfortable with. I personally have a repeat buy of $40 ETH a week. And I just let my balance sit there without much thought. Hopefully when I come back to it in a couple years I'd have a good amount of money from the investments. Try it out.
hero member
Activity: 1190
Merit: 541
December 10, 2017, 08:17:03 AM
Sure you understand the Risk in investment? If you do then ride on... Play your luck
Sure, every investment comes with a risk, but one thing is that we should understand the investment before stepping in, which is the reason a whole lot of people have panicked in the past when they see some crazy shits happening that they never expected.

However, someone who bought $200 worth of bitcoin earlier this year which was not even up to 1BTC should be holding nothing less than $3000. The reason why some people did not is because they were so scared to invest.
full member
Activity: 280
Merit: 101
OPEN GAMING PLATFORM
December 10, 2017, 12:53:52 AM
Hmmm. At the moment when Bitcoin price is really high I think 200$ is not really enough to invest in Bitcoin or any other cryptocurrency with high price like that. I think you shoult collect a little bit more, maybe when you have at least 500$ I believe you can earn about 30 - 40$ per day by investing money in cryptocurrency then use it to trade daily Cheesy
member
Activity: 336
Merit: 10
December 10, 2017, 12:25:10 AM
200 бaкcoв для инвecтиций мaлo oчeнь,тoжe cчитaю чтo нyжнo пoдepжaть в биткax эти дeньги
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
December 09, 2017, 07:04:02 AM
At the moment when Bitcoin price is more than 11k$ I think 200$ is not worth to invest in Bitcoin. I think you should wait few more months after you get more 200$ times every month then you can invest in Bitcoin when you got at least 1k$, I think. 200$ is really small and not enough to invest in Bitcoin. Try to save more money as you can Cheesy
What most people look at now is the quantity they get in bitcoin but they tend to forget the value they may end up getting in the long run. Bitcoin is going to keep increasing and at this stage it even seems more promising already that any alt, so anyone who thinks about 0.02BTC is not too good for them to hold as it is too small, should definitely come back in coming years to see how wrong they really are.
hero member
Activity: 3080
Merit: 603
December 09, 2017, 04:05:27 AM
Bitcoin now as a large dump. Can explode at any time. I'm investing in ETH. Thanks you
Bitcoin still healthy and has a good large of investors and transactions. I don't think that there is something that will explode or if you mean that bitcoin is a bubble since you are talking about explosion / pop, no. But your choice is good one, saving $200 for ETH monthly is also a wise idea but if I were into both coins I'll prefer to focus more with bitcoin and still give some smaller portion of capital with ETH.
legendary
Activity: 1652
Merit: 1057
December 08, 2017, 03:05:19 PM
Many people started their crypto journey, with a smaller amount of money.

Invest in coins that haven't pumped yet.
Don't buy tops.
Don't buy greens. Buy the red sell the green.

Invest in good projects that are still in cents.
Eg Dgb. It is one undervalued coin that is likely to do very well in the coming year. Get in when it's lower than 120 SATs. It has the prospect of going 5 times higher.

Pivx is a good project too.
Lastly, diversify your portfolio into many coins. Mayor 4 or there about. In few months your portfolio would have grown.
It does not have to be a huge amount of money really and that is the mistake a lot of people keep making. If the OP invested that $200 in 2010 and decided to keep a blind eye on the volatility up till this moment, then you all will know that it is something that would be worth it.

No one knows the future of bitcoin, but at least at this stage, there is a guarantee that bitcoin is here to stay no matter what people or finance punks want to say about it. I would rather invest the $200 and wait for some years to really know other things I may want to do with it to keep it growing.
newbie
Activity: 42
Merit: 0
December 08, 2017, 06:42:53 AM
you should not invest all the money from your hard work for a month into a bitcoin form. bitcoin has a fluctuating price .. with very high price changes. bitcoin investment is a risky but profitable investment. maybe you can try it by investing half of your money. probably with some references you should know before investing in bitcoins.
Bitcoin now as a large dump. Can explode at any time. I'm investing in ETH. Thanks you
hero member
Activity: 756
Merit: 504
December 08, 2017, 06:41:15 AM
If this is your extra money then its very good amount for you because if you have this for some time this can give you good profit but if you need some regular use this not good for you because this can hurt your daily life better just invest which you can afford to lost and do this for some long period is not bad at all
newbie
Activity: 42
Merit: 0
December 08, 2017, 06:35:08 AM
My friend spent 20 USD on ETH just to get acquainted with the technology and procees of buiyng it in our country.

You can follow his example or can invest all your 200, those who don't take risks, don't drink champagne.
Can you guide me more specifically?
newbie
Activity: 42
Merit: 0
December 08, 2017, 06:23:55 AM
My friend spent 20 USD on ETH just to get acquainted with the technology and procees of buiyng it in our country.

You can follow his example or can invest all your 200, those who don't take risks, don't drink champagne.
This is a good motivation even your friends has small amount of capital he invest in one of the trusted coin here in crypto currency and do not loose hope to earn by investing his money. I think OP already invest his 200$ in bitcoin or in other coin that can gives possible good income in the future.

you should not invest all the money from your hard work for a month into a bitcoin form. bitcoin has a fluctuating price .. with very high price changes. bitcoin investment is a risky but profitable investment. maybe you can try it by investing half of your money. probably with some references you should know before investing in bitcoins.
OP wanting to risk his extra money and i think if he already started to invest now he generate good profit even he have small amount of capital because now bitcoin value is like crazy increasing and no one knows when it will stop and we are looking forward to make us risk in the future by the help of digital currencies.
I made a profit from the investment. It's just a small number but it's very happy.
hero member
Activity: 714
Merit: 531
December 08, 2017, 06:11:58 AM
My friend spent 20 USD on ETH just to get acquainted with the technology and procees of buiyng it in our country.

You can follow his example or can invest all your 200, those who don't take risks, don't drink champagne.
This is a good motivation even your friends has small amount of capital he invest in one of the trusted coin here in crypto currency and do not loose hope to earn by investing his money. I think OP already invest his 200$ in bitcoin or in other coin that can gives possible good income in the future.

you should not invest all the money from your hard work for a month into a bitcoin form. bitcoin has a fluctuating price .. with very high price changes. bitcoin investment is a risky but profitable investment. maybe you can try it by investing half of your money. probably with some references you should know before investing in bitcoins.
OP wanting to risk his extra money and i think if he already started to invest now he generate good profit even he have small amount of capital because now bitcoin value is like crazy increasing and no one knows when it will stop and we are looking forward to make us risk in the future by the help of digital currencies.
newbie
Activity: 113
Merit: 0
December 08, 2017, 05:25:05 AM
My friend spent 20 USD on ETH just to get acquainted with the technology and procees of buiyng it in our country.

You can follow his example or can invest all your 200, those who don't take risks, don't drink champagne.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
December 08, 2017, 04:33:05 AM
First of all, I think that you should only invest money that  you can afford to completely lose it all, as bitcoin is a very risky investment.

I can't tell you whether to invest it in bitcoin or not, but it's all up to you, if you believe that the technology is cool and the currency will be successful at the long run, I can't see a reason why wouldn't you invest in it.

You are more then just welcome to do your own research before investing in bitcoin, take your time to think and to read more about the protocol that you are investing in!





i think OPs capital of 200$ is hes extra money from a regular job.
what hes asking if that amount is enough to make a capital in trading,

What i can say is better for the OP to make it a long term investment
Since he can make 200$ per payday so in how many payday he can
have many ethereum every two paydays is one ethereum investment.

Thats more enough earning than risk it in daytrading.
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