If you had 4,000.00 USD, what would you invest in? - page 11.

goldade

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Quote from: Lucius on April 05, 2021, 05:53:32 AM

Throughout its short crypto history, Bitcoin has always been a safe investment, especially in the long run - so most will advise you to direct your investment in that direction. Of course if your goal is to profit in the short term, another option is to invest in some of the altcoins that tend to give you a higher profit compared to Bitcoin.

I'm not going to tell you which altcoin to invest in, I think the financial responsibility is on each of us individually - but I can advise you not to invest all your money in one coin, reduce your risk and invest in more of them that you think will end this year with at least 100% growth.

Of course, there are various speculations that BTC will be worth at least $100 000 by the end of the year, and some are speculating about as much as $300 000. I suggest you visit CMC, look at the top 20 or even 50 coins and their history in at least the last 6 months, it can give you some guidance in what to invest your money in.

This is particularly true and I totally agree with you. Investing in bitcoin is less risky and it is the most probable investment you should invest it. However, you'd have to buy and hodl for a very long time because it's an investment for the long term.
If you're thinking of an investment to give profit in a short-term, then your best option is to invest in altcoins with potentials. There are a lot of altcoins that are actually shitcoins and you'd lose your money if you invest in them. So take time out to study coins with potential that you'd make profits with. You should check out coinmarketcap.com

ipanks

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Quote from: 6erth6rind6ain on April 05, 2021, 07:51:02 AM

Quote from: Ziskinberg on April 05, 2021, 07:10:33 AM

Are you willing to lose that $4,000? I'm just in doubt honestly because it was a big amount for a newbie to start in crypto and especially during this bullish season.

Anyway, This is only I could suggest,
Spread your funds to different coins, not only for Bitcoin. It is too late for you to start investing in Bitcoin, it is already at its peak and anytime it drops again making to lose your investment. It could be safe to have some altcoins then as for back-up if the case like that will happen, will never know.

I don't actually have 4,000.00 dollars to invest in. I own six different types of crypto but they're in amounts of 5.00 USD or 10.00 USD. However I'm slowly saving up 4,000.00 USD so I can do some more serious investments in the future. So far, I got 1,200.00 saved up toward that goal. I'm hoping that by the time I have 4,000.00 to invest in, I'll know what to do with it.

That is good. At least, you can try to buy more amount of each coin. You can do it, and I hope you can focus on your goal. I think your coin can have a chance to increase but you need to be careful as we do not know if the market can sustain. The crypto market can make a correction, and if that happens, you will have time to buy at a low price.

isaac_clarke22

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Quote from: 6erth6rind6ain on April 05, 2021, 05:36:07 AM

~

My opinion?
Just like the majority, it would be Bitcoin. You could still go far and go with Ethereum and it is still up to for that.
Many would get used to Bitcoin, so that you'll expect a lot of "Bitcoin" responses, and that's again, entirely up to you on what you still wanted to invest.

sujonali1819

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If I have that amount to invest I definitely by ETH at this moment ( Current market ). But if you talk about some days/month later I wait for the bitcoin correction and full my bag with bitcoin and hold them atleast for a year.

And I think bitcoin is the main option for long term investment. Because if you see the bitcoin price history chart then it always move forward, always overtake last ATH. So if you have patience then you can invest in bitcoin without hesitation IMO.

Furious 7

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https://duelbits.com/

For beginners with an initial capital of $4000 it is quite large but basically they intend to be serious.
I now prefer a challenge because with a few tokens that have appeared on the exchange for now it is quite captivating for me to move there a lot of increases which are pretty good even I see this significant movement makes more valuable profits, of course it's all full of high risk and I never to continue there must be times where losses must occur.

When it comes to beginners, it's better to invest in a certain way with a little risk and choose the top one, say btc and eth, save it in your fortopolio and the rest choose an altcoin that you think is worth investing in.

blockman

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Vave.com - Crypto Casino

As a newbie, you do not have to look for any investment in crypto.
The quickest answer and most advisable crypto for you guys is bitcoin.
That shall suffice your need as a newbie with your desire of investing to the market.

Sinjokubhi

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Sinjokubhi

Quote from: 6erth6rind6ain on April 05, 2021, 05:36:07 AM

If you had 4,000.00 USD to use to invest in cryptocurrency, and that was all the money you can afford to use for crypto investments for the year of 2021, where would you put it?

I'm just curious to see what kind of opinions I would get in a forum like this. I'm hoping that I might learn something as a beginner in the crypto world as a result of putting this question out there.

Keep in mind thought that I already understand 3 things:

1. Never invest any amount of money that you can't afford to lose, because crypto markets are so volatile that it's a risk no matter what you do, and I get that.

2. I'm not asking you to tell me which crypto to invest in, just curious what your opinion is.

3. I understand that what I do with my money is my responsibility, and nobody else's, and the results of my investment(s) whether good or bad, is on me.

I'm not going to put the whole amount into a single currency, with $ 4000 I think that's a lot of money. In fact, I will not use it entirely for trading, either as a trader or a holder. It is true, if we use all of it to invest in promising currencies, it will be profitable. But, as you said, it would be very risky considering the market is not necessarily stable. Therefore, I prefer some of these assets not to be used all of them, a lot of business can generate profits. Don't just rely on one effort (Personally speaking), or better yet, I'll save half of it just in case something goes wrong.

Because, if we only rely on one business or can for example, we depend on one currency only. At times we suffer a loss from it. We will panic and find it difficult to find a way to recover the capital that has been lost. However, if we have a business that mutually fortifies each other. If one business suffers a loss, we can reverse capital from our other efforts.

6erth6rind6ain

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Quote from: Ziskinberg on April 05, 2021, 07:10:33 AM

Are you willing to lose that $4,000? I'm just in doubt honestly because it was a big amount for a newbie to start in crypto and especially during this bullish season.

Anyway, This is only I could suggest,
Spread your funds to different coins, not only for Bitcoin. It is too late for you to start investing in Bitcoin, it is already at its peak and anytime it drops again making to lose your investment. It could be safe to have some altcoins then as for back-up if the case like that will happen, will never know.

I don't actually have 4,000.00 dollars to invest in. I own six different types of crypto but they're in amounts of 5.00 USD or 10.00 USD. However I'm slowly saving up 4,000.00 USD so I can do some more serious investments in the future. So far, I got 1,200.00 saved up toward that goal. I'm hoping that by the time I have 4,000.00 to invest in, I'll know what to do with it.

mk4

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Bitcoin. It should be pretty obvious. Is there even any better coin with the best risk:reward ratio out there? I don't think so. Personally, I'd just lump sum buy that $4k USD into bitcoin right now and just hold it for years and years and years and let demand and the scarcity to do the magic.

Ziskinberg

hero member

Activity: 3010

Merit: 666

Are you willing to lose that $4,000? I'm just in doubt honestly because it was a big amount for a newbie to start in crypto and especially during this bullish season.

Anyway, This is only I could suggest,
Spread your funds to different coins, not only for Bitcoin. It is too late for you to start investing in Bitcoin, it is already at its peak and anytime it drops again making to lose your investment. It could be safe to have some altcoins then as for back-up if the case like that will happen, will never know.

Babn

newbie

Activity: 4

Merit: 0

@Lucio, i think you have to think in terms of asset aquisition and position plus income derivation. thats the only time you can get a real feel of the value of your funds. Do you want to accumulate bitcoin, do you want to use bitcoin as a derivative asset to generate $$, do you want to speculate in the market. If its speculation then you can use a balance portfolio to carry that out, by using bitcoin to buy more crpto assets when it goes up. and when btc stays same or goes down sell some crypto assets and buy btc. so all this is not financial advice thanks.

Luzin

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Quote from: 6erth6rind6ain on April 05, 2021, 05:36:07 AM

I'm just curious to see what kind of opinions I would get in a forum like this. I'm hoping that I might learn something as a beginner in the crypto world as a result of putting this question out there.

$ 4000 great for beginner. If you want to invest in crypto, I think it's best to buy Bitcoin, but first I think you should read a lot about the risks. I believe in the long term Bitcoin is good. But at the moment the price is too high and may be corrected, I think you should be patient to buy cheaper. If you are not a long-term investor you might be better off learning to trade daily or weekly, you might make a profit faster. But all need a process you have to study hard, maybe a demo account will make you more experience to make decisions.

Lucius

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Throughout its short crypto history, Bitcoin has always been a safe investment, especially in the long run - so most will advise you to direct your investment in that direction. Of course if your goal is to profit in the short term, another option is to invest in some of the altcoins that tend to give you a higher profit compared to Bitcoin.

I'm not going to tell you which altcoin to invest in, I think the financial responsibility is on each of us individually - but I can advise you not to invest all your money in one coin, reduce your risk and invest in more of them that you think will end this year with at least 100% growth.

Of course, there are various speculations that BTC will be worth at least $100 000 by the end of the year, and some are speculating about as much as $300 000. I suggest you visit CMC, look at the top 20 or even 50 coins and their history in at least the last 6 months, it can give you some guidance in what to invest your money in.

6erth6rind6ain

jr. member

Activity: 42

Merit: 6

If you had 4,000.00 USD to use to invest in cryptocurrency, and that was all the money you can afford to use for crypto investments for the year of 2021, where would you put it?

I'm just curious to see what kind of opinions I would get in a forum like this. I'm hoping that I might learn something as a beginner in the crypto world as a result of putting this question out there.

Keep in mind thought that I already understand 3 things:

1. Never invest any amount of money that you can't afford to lose, because crypto markets are so volatile that it's a risk no matter what you do, and I get that.

2. I'm not asking you to tell me which crypto to invest in, just curious what your opinion is.

3. I understand that what I do with my money is my responsibility, and nobody else's, and the results of my investment(s) whether good or bad, is on me.

Topic: If you had 4,000.00 USD, what would you invest in? - page 11. (Read 1641 times)