If I have 700USD, Do I have gain the lowest qualifications to invest?

Kakmakr

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One of Richard Branson's books are titled, Screw It, Let's Do It and makes for some interesting reading. You have to take some risks in life to achieve some success. You have to decide, what that will be :

1. Go ALL IN with Bitcoin.
2. Go for a diverse investment with smaller amounts in loads of Alt coins.

I went ALL IN on Bitcoin at $400 and in 2017 I made massive profits. Most Alt coin prices are linked to BTC, so when the price of BTC goes up, it also goes up.

bungutko

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Quote from: Theo222 on April 13, 2018, 12:05:37 AM

Quote from: Cathy1701 on February 26, 2018, 03:51:55 AM

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?

just follow your heart bro for me that will be a big money to invest in any coin. but bitcoin will be the best coin to invest or ethereum they are both profitable and the price is rapidly increase when its demand increase.

Definitely yes, you can invest and before considering to put an investment, please do review the current market trend as to what promising choice of coins you would consider. Given the chance to suggest, I would prefer to invest btc, eth and cardano coin since I had observed that these coins could give a significant and promising profit in the coming more months.

surbanaB

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Quote from: Cathy1701 on February 26, 2018, 03:51:55 AM

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?

I don't understand what do you say about? If you want to invest in BTC you need have a lot of money because Bitcoin's price now is very high, almost $8,000, and you also hard to earn much benefit from Bitcoin because it's too hard to Bitcoin's price goes up 3x 5x in the short time.
With $700 i advise you should invest in altcoins which have a good project, the price is still cheap as: NEO, XLM, SC, NXT.... you can 5x even 10x your capital in a year when investing in those coins because their price is at the bottom now and it can quite increase very high in this year.

Theo222

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Quote from: Cathy1701 on February 26, 2018, 03:51:55 AM

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?

just follow your heart bro for me that will be a big money to invest in any coin. but bitcoin will be the best coin to invest or ethereum they are both profitable and the price is rapidly increase when its demand increase.

Pursuer

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Quote from: fonenumba on April 10, 2018, 02:13:28 AM

Buy EOS now and hold it untill EOS will be release full platform after it will mooned to 200-300$ price and you will get so big profit for 1-2year.

as far as I know the only reason why EOS was having a pump was because it had a snapshot coming and some greedy newbies in the market was thinking about getting that free money from it so they started buying as much as they could and that created a pump then the hype started and the pump got bigger.
in short this is temporary.

symbian

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If you have $700 to spare, then o would advice you to buy other crypto currency instead of bitcoin, this is because it is more easier to for a coin to move from $1 to $5 than from bitcoin to move from 8000 to $16000. The gain you make is not determined by the current amount of the token, but the percentage growth that can take place within a few weeks or months of holding the coin.

fonenumba

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Buy EOS now and hold it untill EOS will be release full platform after it will mooned to 200-300$ price and you will get so big profit for 1-2year.

Xester

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Quote from: Cathy1701 on February 26, 2018, 03:51:55 AM

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?

If you have such amount then you can at least spare half of it and invest on bitcoin. Bitcoin has a rich future though at this point of time it is sufferring from continuous deflation but this is just temporary. With the approval of bitcoin etf and the central bank G7 support to bitcoin we could see bitcoin soaring back again on the sky and this means more profit for all of us.

louie69

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In my opinion, the best thing for you to do is invest either on btc or eth where you can be assured of a promising profit. However, if the bearish dip would continue, then don't be affected with it and don't let your emotion be the basis in disposing your btc or eth by selling at a lower price which is wrong. This will only lead to investment loss rather than gaining a profit from your investment. Just HODL, wait until the recovery comes back on track for this will be expected to happen soon.

jtipt

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Quote from: mobnepal on February 26, 2018, 05:26:13 AM

Quote from: Cathy1701 on February 26, 2018, 03:51:55 AM

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?

700 USD is comparatively very small amount in crypto space Wink

It might actually depend upon how much money other have injected in their crypto portfolio.

No. Even $700 is a fine amount to invest, yes considering what others have invested it might look small but still, OP will be able to profit from $700 very easily. Buy some BTC, HODL it, have faith in BTC don't fall victim of FUD and don't sell too soon and you'll be able to profit very easily.

Sab11

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Quote from: Cathy1701 on February 26, 2018, 03:51:55 AM

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?

If 700USD is a big money for you better not invest it all, but if 700USD is just small amount for you better to invest it in strong and popular cryptotoken, and better do some research about the token do want to invest to avoid losses.

Slow death

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Quote from: Cathy1701 on February 26, 2018, 03:51:55 AM

But If I have 700USD spare money, what can I do?

If you had basic knowledge of trade I would recommend that you do day trade with the NEO/BTC pair, which is much simpler and more profitable, this would be for you to increase your capital and then you would change to make bitcoin/altcoin trade to increase your bitcoins and when bitcoin had your ATH you would sell to USD and buy in the dip and return to trade in the Bitcoin/Altcoins pair.

Everything is risky, no matter what you do in this life, you will always start from some point, just do not create high expectations and do not give up on the first mistake that you make.

mobnepal

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Quote from: Cathy1701 on February 26, 2018, 03:51:55 AM

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?

700 USD is comparatively very small amount in crypto space Wink

It might actually depend upon how much money other have injected in their crypto portfolio.

Just invest what you can afford to loss so if 700 USD is big amount for you than I suggest you to not invest all of it in crypto or atleast divide your investment in multiple crypto.

ganlianshifu1

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$700 is enough for you to invest. Many digital currencies are less than $1, but you need to do some research!

Some ioc projects can not raise 0.1ETH, you can also consider!

You need careful study!

YinShuiSiYuan

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You can do some research in altcoins. With this amount, you'll certainly find coins with great potential for future profits like neo, iota or eth. If you earn, you can buy more by increasing your capital.

kristensoto

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Quote from: Cathy1701 on February 26, 2018, 03:51:55 AM

I think if you don't have much money, you can invest in BTC or someone cryptocurrency too...
But If I have 700USD spare money, what can I do?

i think if you have 7000$ then it is enough to make investments, it may be not a huge money but if you have patient and trade slowly through years, surely you will have more profit than before, i suggest you should invest in both bitcoin and altcoins like ETH or NEO, it will much safer when we can diversity our incomes.

bitfocus

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$700 is a pretty good amount to start, just get some Bitcoin with your $700 and start enjoying the Bitcoin life practically. This $700 investment will grow (you will find more ways to get more Bitcoin eventually) and give you good money.

Topher65g

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$700 is a pretty good amount. Aside from your plan to invest in general, you also just need to invest a bit more time on research in learning the best coin to invest the amount of money you have with the least risks possible as well as the highest chances of increasing your investment.

Marileno

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Starting amount is fine. You are much better off picking 1 coin and investing in it, and then adding to that position with a carefully constructed savings plan. The exact same approach should be taken if you invest in the equity markets. Don't stop at the 700...keep saving and keep investing. The effects of compound interest over long period of time (decades) is what generates wealth

SuperD007

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Before you invest, I suggest you learn as much as you can first.

Also poke around Twitter, Medium/Hackernoon and join some decent crypto facebook groups.

Only once you feel you have a good understanding of everything then start investing.. $700 is more than enough to get started.

Topic: If I have 700USD, Do I have gain the lowest qualifications to invest? (Read 254 times)