Investing in bitcoin and other researched alt-coins appear relatively better
option as compared with mining or trading.Mining is not cost effective due to hardware
purchases and recurrent electric bills.Trading needs skills and experience.Therefore, the
best option is to buy some crypto currencies, store them away for some time.Then sell when price
appreciates considerably.Thanks.
Topic: I want to invest 1000 USD into crypto (Read 2935 times)
Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.
Mining is not very profitable for the small-scale and medium-scale players. I would advice you to purchase Bitcoins rather than investing your money in mining rigs and other equipment. It will be even better if you could divert 20% or 30% of that amount in to alts such as Ethereum or Bitcoin Cash.
You might want to consider in investment and trading cryptocurrencies, then this might help you a lot to choose what coin to hold.
https://www.converge.today/stories/top-5-cryptocurrencies-in-2018
That is the top 5 coin that has the best potential this year, 2018.
https://www.converge.today/stories/top-5-cryptocurrencies-in-2018
That is the top 5 coin that has the best potential this year, 2018.
Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.
What I know in my small knowledge is Mining is not profitable for all.If your country's electricity bill is high then you should not mine.Because you will lose your all capital fast.So If this happen, I will suggest you to buy some alt crypto with $1000.We can see many promising and bright crypto like ETH,LTC, ripple and others.Buy at low price and sell when the price goes up.Though it's risky but if you give proper time and hard work you can make big profit from it.
Yes, your idea is really good. Trusting in the crypto market at the moment will make you rich. 2018 is really a year of development of the crypto market and you should take this opportunity to invest in the altcoins. I think you should invest in ETH or NEO. There are 2 altcoins that I feel have the most potential.
just because you feel that will have potential means OP should trust you?when i am sure you have not even a $100 on your wallet,lol. Dont let the OP to put investment in that coins with no assurance but FEELING.$1000 is not small amount so he must be aware on when to put the amount
Yes, your idea is really good. Trusting in the crypto market at the moment will make you rich. 2018 is really a year of development of the crypto market and you should take this opportunity to invest in the altcoins. I think you should invest in ETH or NEO. There are 2 altcoins that I feel have the most potential.
Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.
I think you should invest in bitcoin at a time when its price has dropped sharply. Investing in bitcoin is a safe choice for you. Because bitcoin is a king of the crypto market and it will never collapse. So please be patient and wait for the price of it to buy. Hope you will achieve much success in your investment. 
I would recommend you divide your investment into two parts, 50 percent for bitcoin and 50 percent for altcoins.
That is an awesome idea of yours. For me that is best thing to do when you wanted to invest your 1000 USD with the crypto currency. But maybe you should try also investing in the ICO, then try trading with bitcoin and other altcoins like LiteCoin. I think this is good coin also for many investors wanted to invest in.
Dont try mining, mining is not profitable now a days your profit will go to the bills, invest is good and smart way to make your money double or triple theres a lot of coin good to inbest like bitcoin or eth etc, it up to you, choose wisely.
Yes, electricity bills can exceed the value of the investment. Instead, buy a btc for a long term or altcoin, which can give a good profit, like ltc, eth, neo.
Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.
I suggest that you diversify portfolio. Invest your money on cryptos and mine bitcoin or ethereum. I dont suggest cloud mining since most of them are scam. By doing what I suggest you will minimize the risk that you will hold. Do you own research, in mining I suggest that you use solar panel as main source of energy for the mining device so that the electricity that you will be paying is cheap. For investing in crpyto, I suggest that you still diversify it, invest in ethereum, bitcoin and as much as possible in ICOs but make sure that you thoroughlt did the research so that you can maximize the profit. 
Its good to invest in crypto but be always ready what ever the cause, I prefer to buy coins in a low price and hold it for a while and wait its price to increase, always be updated on a crypto that you go for because most of the coin in crypto has normal flactuating process so its nice if you are familiar with those things.
With the available 1000USD, I prefer to invest in the altcoins because bitcoin is not affordable. Many altcoins with low cap rate are available choose wisely and over a period of time when the price goes up sell that gives very good profit. 
Dont try mining, mining is not profitable now a days your profit will go to the bills, invest is good and smart way to make your money double or triple theres a lot of coin good to inbest like bitcoin or eth etc, it up to you, choose wisely.
Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.
I do not think you can even buy the latest equipment with only a thousand dollars and even if you could it will take forever to recover your money, if you are not serious about mining bitcoin or other cryptocurrencies you will be better by buying a coin directly instead of trying to mine it, and since you seem willing to take risks your best option is to invest in new altcoins or icos.
The good idea for this money will be crypto portfolio investment, there are a lot of professionals who can share a trade strategy with you they want usually 20-30 % of income but if its work and they give profitable advises why not?!
what is kind of portfolio investment? do you mean following a famous trader or advice? that is can't ensure to make your money is be growing (%).Just see around, let's talking about what's kind crypto has growing and has profitable on last month? I thought nothing, alt / token be tail of bitcoins were value bitcoin dump then abosutly effect to alt.
Well, i recommend your 1000 USD to a suitable coin invest this is Debitum coin because it has a very low market value as of this time due to a pre sale is on going. This is very profitable with in 2-3 years or more if you do long term investment and short term investment because this is a very hot ICO at this moment.
Its good to invest in crypto but be always ready what ever the cause, I prefer to buy coins in a low price and hold it for a while and wait its price to increase, always be updated on a crypto that you go for because most of the coin in crypto has normal flactuating process so its nice if you are familiar with those things.
I would recommend you divide your investment into two parts, 50 percent for bitcoin and 50 percent for altcoins.
The good idea for this money will be crypto portfolio investment, there are a lot of professionals who can share a trade strategy with you they want usually 20-30 % of income but if its work and they give profitable advises why not?!
what is kind of portfolio investment? do you mean following a famous trader or advice? that is can't ensure to make your money is be growing (%).Just see around, let's talking about what's kind crypto has growing and has profitable on last month? I thought nothing, alt / token be tail of bitcoins were value bitcoin dump then abosutly effect to alt.
Well, i recommend your 1000 USD to a suitable coin invest this is Debitum coin because it has a very low market value as of this time due to a pre sale is on going. This is very profitable with in 2-3 years or more if you do long term investment and short term investment because this is a very hot ICO at this moment.
Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.
I do not think you can even buy the latest equipment with only a thousand dollars and even if you could it will take forever to recover your money, if you are not serious about mining bitcoin or other cryptocurrencies you will be better by buying a coin directly instead of trying to mine it, and since you seem willing to take risks your best option is to invest in new altcoins or icos.$1000 is a small amount to get anything out of mining and unless the OP is just looking to mining some altcoins that are low and hoping that he can get the profit later on in future why he keeps running at loss and not getting anything for now, then he can go ahead, otherwise, he should just invest that cash into bitcoin and any other coins or tokens with prospect.
The good idea for this money will be crypto portfolio investment, there are a lot of professionals who can share a trade strategy with you they want usually 20-30 % of income but if its work and they give profitable advises why not?!
what is kind of portfolio investment? do you mean following a famous trader or advice? that is can't ensure to make your money is be growing (%).Just see around, let's talking about what's kind crypto has growing and has profitable on last month? I thought nothing, alt / token be tail of bitcoins were value bitcoin dump then abosutly effect to alt.
Well, i recommend your 1000 USD to a suitable coin invest this is Debitum coin because it has a very low market value as of this time due to a pre sale is on going. This is very profitable with in 2-3 years or more if you do long term investment and short term investment because this is a very hot ICO at this moment.
The good idea for this money will be crypto portfolio investment, there are a lot of professionals who can share a trade strategy with you they want usually 20-30 % of income but if its work and they give profitable advises why not?!
what is kind of portfolio investment? do you mean following a famous trader or advice? that is can't ensure to make your money is be growing (%).Just see around, let's talking about what's kind crypto has growing and has profitable on last month? I thought nothing, alt / token be tail of bitcoins were value bitcoin dump then abosutly effect to alt.
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