I want to invest 1000 USD into crypto - page 3.

coin_1122

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Quote from: walou on October 23, 2017, 07:55:34 PM

Buy good altcoins on the dip and sell on 10% profit, repeat until you accumulate more capital then start buying better coins such as LTC, Monero, Neo, Ethereum, etc.

Yes, you have given the good suggestion because of many people buy the altcoin at a higher rate, when the price is falling they don't have enough money to buy back those. It is always good to buy at the time dips only because it will automatically increase it's price as soon as the market settles.

crypto4lambo

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Large scale, green crypto mining ICO

If I have that money I would rather invest it in bitcoin and altcoins. Large portion of it is for mid term and some ade for day trading. Just do this if you have enough skills and knowledge in trading as it would have the tendency to lose your money instead of growing it. I would not suggest cloud mining as most of it are scam. As for mining, if your goal is to have the fastest ROI possible, then it would not be suitable for it. Not to mention the high electricity it cost just for mining coins. My technique for mining is that I mine altcoin, as bitcoin is not profitable nowadays, then store it in a wallet and just hodl it until it appreciates its value. It is about taking risk but that is how this investment works. It would take time and must be maintained well.

waynechong1995

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swing!

Hmmm 1000 I'm afraid is hard to get your ROI without years of effort and definitely you would need more than that. A great crypto future doesn't start or end with $1000 only. There would be times to cover any lost and to cash out as well, Cryptoworld had many ways to profit you just have to be, creative, smart and lucky.

In short, trade using your $1000 worth of crypto coins = lots of research, luck and speculation.

Mining = passive but very slow to ROI if you have no plan to expand.

bling-bling

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Quote from: pooya87 on September 04, 2017, 01:51:00 AM

Quote from: mockaj on September 04, 2017, 12:11:00 AM

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 ?

buy mining equipment: not a bad idea if you have a cheap electricity, have some space in your home to place the rig and do proper cooling and also if you know how to maximize your profit by mining the better coins and dump them on good time.

cloudmining: a big ass NO.

buying coins directly: this is a good option too. it doesn't have to be a separate one either. you can mine and also invest. buy bitcoin first and always have some of it held somewhere safe. specially now that there is a dip it makes a good time to invest for long term. and also start trading altcoins to know them better, it helps with choosing what to mine too.

Quote

What cryptocurrency might be the best for long-term profit ?

long term? only bitcoin.

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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.

start small, you can only get the answers you want if you experience the market. start trading and learn how it really works. it is a good market to make a decent profit.

Pretty much the best advice for us newbies. Thanks pooya87! 😊 Bottomline, it is still up to us to explore the system to find the answers. Experience is the best teacher! So if we lose, that's part of learning...

DrGuns4Hands

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Buy a mining rig ? hmm not a bad idea since I have mining rig in my house also since the bills of our electricity is low and also I'm on a cold country so temperature for my rig is not that bad or you could buy coins directly since the price of the bitcoin after fiveyears could be $25000 it's a prediction from an article I read. that's the best option you can choose. don't cloudmining. you could lose all your capital from it.

walou

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Buy good altcoins on the dip and sell on 10% profit, repeat until you accumulate more capital then start buying better coins such as LTC, Monero, Neo, Ethereum, etc.

megynacuna

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Quote from: Sadlife on October 23, 2017, 07:49:37 PM

Cryto currency that is good for long term investment that should be bitcoin. I say invest all your $900 USD into bitcoin and the rest of $100 keep it as capital for trading and learn how to trade you can search trading tutorials and there are bunch of them in the world wide web. I think this will good as a investing strategy while you keep and store your bitcoins to grow you can also earn quick money from trading and use it for your personal expenses or financially.

Well i agree with you that bitcoin is the best investment platform currently and so i will suggest the OP puts all the 1000USD into bitcoin rather tghan diversifying it into other cryptos. Bitcoin's growth in incomparable and better than the other altcoins.

Sadlife

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Cryto currency that is good for long term investment that should be bitcoin. I say invest all your $900 USD into bitcoin and the rest of $100 keep it as capital for trading and learn how to trade you can search trading tutorials and there are bunch of them in the world wide web. I think this will good as a investing strategy while you keep and store your bitcoins to grow you can also earn quick money from trading and use it for your personal expenses or financially.

Portia12

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Quote from: mockaj on September 04, 2017, 12:11:00 AM

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.

If i have that money i will build a mining computer to have more bitcoin. When i get more profit i will upgrade or buy more mining cards for computer to have massive income

dameh2100

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Quote from: mockaj on September 04, 2017, 12:11:00 AM

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.

If you have $ 1000, try to trade but you need to study it first because it's very risky. But there's no problem with this because you just say there is no problem if you lose $ 1000. It's also very important in trading, dont invest money that you can not afford to lose, that's a very important aspect in trading.

aeternus

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Quote from: Tumanggor on October 17, 2017, 12:59:22 PM

you can try trading first, because to do the mining it costs more than $ 1000, if cloud mining I think it is useless,
you will only receive Bitcoin as much money as you deposit ..

Doing all of those things requires capital, knowledge skill and experience, trading is one of the preferred methods to make your holdings of bitcoin grow but most people that trade lose money at the beginning and if they never learn how to read charts and technical knowledge like that, they are going to keep losing.

theblack_cat

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you may be suited to investing in dogecoin because the price is decreasing now and it
becomes an opportunity to invest and benefit from it

McKane

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IF PROBLEM WITH MY TRUST THEN BRING AN ESCROW.

Quote from: marseille on October 21, 2017, 06:27:13 PM

Quote from: masterchief001 on October 21, 2017, 06:12:06 PM

Quote from: abstractednerve on October 21, 2017, 05:54:20 PM

Bitcoin price is too high now but still you can afford to invest half of it in bitcoin and rest in altcoins like ethereum, waves and monero as the price of altcoins keeps on fluctuating regularly you will be making good profits at regular intervals and when price of bitcoins goes higher you can sell it at higher profits.

Of course, although bitcoin is the best option for investment, it has a tremendous value, which forces investors to have a huge amount of capital if they want to make a quick profit. Instead, investing in altcoin will generate profits faster, though it depends on luck.

In trading you cannot depend on luck every time to make profits and if you are doing so then you are actually gambling with your money but if you have good knowledge about the altcoins then you can make much more profits in compare to what you will be making by investing in bitcoins.

if you are talking about bitcoin then you are totally wrong because bitcoin give you much profit as compare to another crpyto world if you are investing into wrong altcoin you will lose your money if you are investing into bitcoin you will earn a lot of money. So it's better to go for bitcoin instead going for other. If you are comparing ETH with bitcoin then you are right somehow because it is most 2nd demand crpyto currency while other are not that much.

marseille

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Quote from: masterchief001 on October 21, 2017, 06:12:06 PM

Quote from: abstractednerve on October 21, 2017, 05:54:20 PM

Bitcoin price is too high now but still you can afford to invest half of it in bitcoin and rest in altcoins like ethereum, waves and monero as the price of altcoins keeps on fluctuating regularly you will be making good profits at regular intervals and when price of bitcoins goes higher you can sell it at higher profits.

Of course, although bitcoin is the best option for investment, it has a tremendous value, which forces investors to have a huge amount of capital if they want to make a quick profit. Instead, investing in altcoin will generate profits faster, though it depends on luck.

In trading you cannot depend on luck every time to make profits and if you are doing so then you are actually gambling with your money but if you have good knowledge about the altcoins then you can make much more profits in compare to what you will be making by investing in bitcoins.

masterchief001

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Quote from: abstractednerve on October 21, 2017, 05:54:20 PM

Bitcoin price is too high now but still you can afford to invest half of it in bitcoin and rest in altcoins like ethereum, waves and monero as the price of altcoins keeps on fluctuating regularly you will be making good profits at regular intervals and when price of bitcoins goes higher you can sell it at higher profits.

Of course, although bitcoin is the best option for investment, it has a tremendous value, which forces investors to have a huge amount of capital if they want to make a quick profit. Instead, investing in altcoin will generate profits faster, though it depends on luck.

abstractednerve

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Bcnex - The Ultimate Blockchain Trading Platform

Bitcoin price is too high now but still you can afford to invest half of it in bitcoin and rest in altcoins like ethereum, waves and monero as the price of altcoins keeps on fluctuating regularly you will be making good profits at regular intervals and when price of bitcoins goes higher you can sell it at higher profits.

aeternus

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Quote from: zeaderza on October 19, 2017, 01:58:46 AM

Quote from: ICO_Estate_Coin on October 13, 2017, 09:19:14 AM

Of course buy Ethereum.
Ethereum overturned the world of cryptocurrency and the demand for it is growing every day. By the way, project Estate Coin uses the Ethereum platform, which provides project guarantees and great potential. The project Estate Coin offers a new concept of investment in real estate. Exactly Real estate has a high reliability and liquidity rating. Tokens that are realized within of the ICO campaign will give an opportunity to receive income up to 36% per annum in the crypto currency (in bitcoin or up to 270% in USD, this income can be during the period when mining equipment works). Tokens are provided with real square meters of built residential real estate. More information on the site https://estate-coin.com

Investing into the ETH means that you are risking your 1000USD and all this will lead to the loss because more of the people are unaware of the eth everyone knows about bitcoin because there are 21 million of bitcoin circulating in the world and answer lies here ETH is still unknown and doesn’t gives profit as much high as bitcoin give, bitcoin is king of crypto after all.

Ethereum is still a good project but right now everyone eyes are set on bitcoin and with good reason since it is still going up, I think right now is a good moment to invest in ETH since it is very cheap, it is true that most alts are crashing at the moment but you must remember that is not going to last forever and at same point the alts are going to recover some ground.

d1ceplayer

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Quote from: Tumanggor on October 17, 2017, 12:59:22 PM

you can try trading first, because to do the mining it costs more than $ 1000, if cloud mining I think it is useless,
you will only receive Bitcoin as much money as you deposit ..

Some of the people use to start the investment from the trading and they believe that some day they will make the high amount of the money but for me it is not the time to buy the bitcoin it is the time to hold your present bitcoin for the long time and to get the profit instead of being a part of the bitcoin trading and then loss the money because as much as I know the bitcoin trading is quite risky.

aeternus

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Quote from: mockaj on September 04, 2017, 12:11:00 AM

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.

Discard cloudmining it does not work and you are going to lose your money and your time, now mining requires a lot of effort and you will need to join a pool and I have not look at the prices recently but that does not seem to be enough to buy the latest miners, so if I were you I will buy some altcoins instead.

cioloxl

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If you wanna play the long game in the safest way possible, I'd suggest going bitcoin and/or ether. You won't get rich but you'll, at the very least, double your initial investment.

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