Topic: I want to invest 1000 USD into crypto - page 9. (Read 2935 times)

I don't think you are going to do much with a 1000 USD investment when it comes to mining, at least any of the bigger coins. The way to benefit from mining with a modest hashrate is to mine a coin that's under the radar and ends up blowing up, but honestly at some point you become lazy to keep mining every altcoin under the sun hoping that you luck out by holding the right one at the right time.

You are probably better off going 60% BTC, 40% altcoin speculation hoping to catch a nice pump and make some extra BTC for the long term. Remember that BTC is the only safe bet to get rich long term.

maybe for the crypto mining capital is still lacking. because the cost is expensive and the electricity that you have to pay each month goes up. you should buy a coin directly for you invest. sara recommends bitcoin as your long-term investment. you will get a lot of benefits from storing bitcoins. probably not today but in the future your money will be doubled. if you want additional income. you can use your bitcoin for trading .. buy at a cheap and sell it when expensive. I think it's an easy way to make a profit

If you have experience in trading crypto currencies you earn on the stock exchange more and faster. If you have no such experience, you'd better to buy equipment for mining coins. Only with such a budget it will be very difficult to earn enough coins to regard it as income. Carefully count and make allowances for unforeseen expenses. Only then make a decision.

I think if you want the mining cloud you must calculate the costs incurred and the results will be accepted if profitable so do it, in addition you can invest in some altcoin that has the popularity and development of a good long term like bitcoin, until now has reached $ 4000 and I'm sure the next few years bitcoin prices will be increase. 

             It should be more wiser to seek first some guidance and learning references, like what you did here, ask some opinions and further advises for you to understand. For me and in my own point of view, you can buy directly bitcoin or any other crypto or alternate coins that are promising for me, and then if you are not in a hurry just keep it inside your wallet maybe someday it could be worth double or more than you have invested, but if you are much likely like a day trader you can search guides on how to make some TA for your own entry and exit points.

If you have great knowledge for mining , it's worth for you to try it since AFAIK, mining bitcoin are better than invest
But if you're looking easy way to invest, just buy and hold and wait for next 4 year, you're a millionaire in the future

It depends on what you want out of those 1k$. Long term it's probably best, to buy BTC and wait. Short term, you will probably have better income by trading if you have any experience with it. Or lending it. Of course each possibility has its own possible bad outcomes.

Mining is mainly for those living off grid who generate their own electricity via windmills/solar panels/etcetera or those who have access to a limitless supply of cheap (or free) electricity to power their mining rigs. The difficulty of mining coins is always increasing and so being profitable from a mining perspective is always a battle of diminishing returns where the cost of electricity factors in heavily. When the value of a coin rises, it becomes easier for mining to be profitable. But in most instances a lone miner probably won't be as profitable as simply buying coins and holding them over the long term.

There are a lot of cloud mining turnkey operations which promise the power of cloud mining through a browser interface with only making an account being required. Those have a poor reputation and usually aren't profitable due to the number of additional middle men in the chain who have to make their profit. With cloud mining basic electricity costs aren't necessarily optimized or kept at a minimum which could make it inferior to more independent miners who have access to cheaper energy.

I'm not certain which crypto currency is undervalued at the moment with a good potential for growth. Looking over stats and metrics probably wouldn't be a good bet if you're looking for short term gains. The best one might hope for may be to get in early wherever the pump and dumpers plan to go next & be lucky enough to ride their pump on its way up. Or maybe to wait for the next big fork announcement which could drive the value of btc down & wait for its price to decline before getting in and (hopefully) riding it back up.

an initial capital of 1000 usd is a good start in crypto investment but risk handling depends on what crypto you are going to invest, but suggestion is try to make a 4 portfolio on your investment for a safer side, so this is how you divide your investment a 2 30-percent for long term investment and a 2 20-percent  short term and faster roi . for long term investment try btc and eth or other top 10 alt coins with not more than a 100 dollar value. the other two sets for short term is for 2 alts with less than ten dollar value. my best advice is stay away from scam-proned cloud mining. although mining is viable but it needs a lot of time to stablize mining profitability than trading / investing.

Well mining depends on where is your country or how fast you own internet can be. Also even if you have a good setup but the internet in you country is low, then you wont really have a good profit and its obsolete. But if you have fast and reliable internet like gigabytes, then it is really profitable u might as well as build another setup if you would. Cloud mining has the same that really relies on how fat your internet is.

you do not need to be confused and do not have to think about buying your own setup and mine, or with cloud mining. whether bitcoin has not attracted your attention to invest in it? do not be too risky by choosing an altcoin that will not necessarily benefit. investing in bitcoin in my opinion is very promising profit.

Cloud mining is a scam, and mining hardware is expensive. Remember that with mining, you have to pay for electricity as well. Those things eat a lot of it.
I would really say that buying coins with the budget you have available is the best solution.
If you don't want to risk it all on one coin you can split it up.
Maybe half of it into bitcoin and the rest equally devided into three other major crypto currencies.
Then you are on the safe side, I think.

Mining is expensive and you cannot find a cloud mining that is not going to be a scam. Your best bet for a small amount like that is go for altcoins and bitcoins. And if you know how to do trading, that is a good option as well.

If i were you im gonna invest that money in an altcoin which has the promising project and its for long term. Dont you notice the rise of icos these days, but some of them are scam so becarefull on what coin you will pick to invest.

Yes I agree to you that stay away from cloud mining because there are many mining websites now are turned into scam. It is better to trade your money to the different altcoins so that you can earn an additional income but before trading from the coin make a research first to the coin that you are wanted to trade because there are also a scam coin that doesn't have no progress for a long time and may become disappear in the future.

Stay away from Bitcoin mining and also cloud mining. The difficulty is much too high for your $1000 mining rig to make any decent profit and cloud mining is mostly a scam. Do not listen to anyone telling you to invest in some Alt coin, because they most probably own some of it and wants other people to buy it to increase the value of the coins they are hoarding.

Bitcoin has a proven track record and enough volatility to make some good profits buying low and selling high. Stick with the coin that has the highest network usage.

That 1000 USD investment for a cryptocurrency is a good start and it is not a big investment or even a small investment but a good start for a newbie. Just buy it all for bitcoin and if you are done buying bitcoin then just diversify it by buying different altcoins in the market like bittrex, poloniex but before you buy something there then do research first to avoid investing on bad projects.

As for mining vs trading i would go for tarding as electricity costs in my country are huge and my knowlegde very scarse. I would also stay AWAY from cloudmining.
As for trading diversify. 50% BTC ( some could go in margin tarding lending). 25% well established alts like ETH and MONERO. 15% cheap alts like XBY. 10% is dividend paying tokens like TAAS.

This is not trading advice just an example on how i would diversify 1000 to reduce risk.

No, don't invest on cloud mining. It takes years to get ROI, it's better to buy the coins directly. You can invest on bitcoin and hope the price of bitcoin will increase or you can invest on altcoin that have a good future for the next 1-2 years. You also can invest on ICO project, there are many good project actually to invest.

Find an altcoin that has got promised growth in a short or long. This can be found through a long time research and using the price variation chart. Once after that invest into the digital asset and make the profit out of the same in a less time and then you could follow the same pattern and save the profit in terms of bitcoin leaving the capital.