Investing $100 weekly | Bitcointalksearch.org

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legendary

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Quote from: chrisfatos on December 06, 2017, 04:16:05 AM

Let's try some small maths shall we..

If you put $100 every week, you would of accumulated roughly around $14.5k in 2.5 years.. but that's no guarantee either.

So best bet would be to put that money into altcoins that give good profit in small amounts of time to make some more money, and then invest in Bitcoin.

It depends on the coin that you invest in. Something like Ethereum could make you money if you purchase the coin during the price dips.

nare951

newbie

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you can research different coins and find most suitable for you. GIL coin is very popular and reliable now

legenduim

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Quote from: locotron on December 05, 2017, 10:40:52 AM

Hey guys. I’m able to invest about $100 weekly. Could go $200 on certain weeks but only if it’s soemthing that’s about to sky rocket or something.

I was looking for some help as what is the best approach for someone who can invest this amount weekly. I know it isn’t much but I’d like to hold long term instead of expecting big returns right away

On my mind it’s better to choose between Litecoin and Ripple. These are quite well known, reliable currencies and have additionally not expensive coins. That’s suitable for money sum 100-200 dollars.

last7minutes

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Quote from: locotron on December 05, 2017, 10:40:52 AM

Hey guys. I’m able to invest about $100 weekly. Could go $200 on certain weeks but only if it’s soemthing that’s about to sky rocket or something.

I was looking for some help as what is the best approach for someone who can invest this amount weekly. I know it isn’t much but I’d like to hold long term instead of expecting big returns right away

Actually it does not even depend much on how regularly you invest. The problem is to find the right altcoin that will start giving you the profit. Keep an eye on IOTA, ETH, Cardano, NEM, NEO.

Lei Crypto bounty

member

Activity: 112

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better start now than sorry , make sure to choose
some altcoin that has a promising effect on long term
better check and study the coin project and take a look
of mass adoption, the more people to invest and adopt
a coin project the higher the chance that that specific
coin will gain an increase in terms of popularity etc. and later-on
on value/price increase.

always check on top 20 coins on
www.coinmarketcap.com for latest top altcoin.

georgeforeham

newbie

Activity: 152

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I think it's a great thing man, I gave up smoking and the money that I save (I calculated how much I smoke weekly / monthly) I invest into cryptocurrency.

The way I do it is invest into ETH, save half weekly and then dip the other half into ICO's. I like to spread over the amount of investments and if one pays off then we are golden! If all go badly, I still have 50% of the ETH and not smoking.

jacquelinecr

member

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Quote from: chrisfatos on December 06, 2017, 04:16:05 AM

Let's try some small maths shall we..

If you put $100 every week, you would of accumulated roughly around $14.5k in 2.5 years.. but that's no guarantee either.

So best bet would be to put that money into altcoins that give good profit in small amounts of time to make some more money, and then invest in Bitcoin.

Why not put $100 each week in altcoins, he can possibly make more like that, instead of put it in Bitcoin.

chrisfatos

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DIW - Decentralized Security

Let's try some small maths shall we..

If you put $100 every week, you would of accumulated roughly around $14.5k in 2.5 years.. but that's no guarantee either.

So best bet would be to put that money into altcoins that give good profit in small amounts of time to make some more money, and then invest in Bitcoin.

sparg

full member

Activity: 280

Merit: 110

These type of post are tipical for newbies. I have nothing against them but this is the type of newbie who is lazy and wont do the research by theyre own. For sure they will lose theyre money. As a newbie you should be interested to do research, to learn as much as you can and to be passionate about this. There are lots of people who heard some storyes about pleople gaining wealth over night with a small amount of money and think that this is theyre way to becoming millionaires.
My advice is to start investing those 100 bucks a week once you now for sure what thys crypto world is and when you consider that you dont hae to ask people on the forum in what to invest in. Till then you will sure lose all of them.

Rose119

full member

Activity: 502

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Quote from: LazyBitInvestor on December 06, 2017, 02:12:57 AM

Better to buy non famous coins, but before, you need to get max info about this coin, it`s team and plans. There is a big chance to lost your money but also a chance to do 10-100x if coin/token will have success.

Well its part of trading losing your money or make it grow. That is the reason why we need to know about the coin we want to buy to avoid losing money.

cryptopusa

member

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Invest in coins which prices are less than a dollar,if they go to moon you will be a millionaire its a good start.

cryptochr

full member

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Quote from: VarDiff on December 05, 2017, 10:47:06 AM

Read the forum instead of creating dumb topics, please.

Why does every newbie expect 100% magical advice? Do you really think it's so easy?
Hey guys! I got $100, please suggest me some skyrocket coin for at least x100 profit in two days!
I'm long-term investor also! BTW, what the best color for my new Lambo? I can't choose.

WTF guys? Just spent at least few weeks for READING before posting something.

Im sure he knows we can give him a straight answer, but atleast guide him down the right path. like
$100 in Bitcoin or Ethereum every week until he becomes a millionaire.
Might aswel open a bank account and save your money there Grin

LazyBitInvestor

full member

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Your professional profile on the blockchain

Better to buy non famous coins, but before, you need to get max info about this coin, it`s team and plans. There is a big chance to lost your money but also a chance to do 10-100x if coin/token will have success.

burnsh56

newbie

Activity: 40

Merit: 0

Quote from: locotron on December 05, 2017, 10:40:52 AM

Hey guys. I’m able to invest about $100 weekly. Could go $200 on certain weeks but only if it’s soemthing that’s about to sky rocket or something.

I was looking for some help as what is the best approach for someone who can invest this amount weekly. I know it isn’t much but I’d like to hold long term instead of expecting big returns right away

I'm doing the same thing for 3 weeks already. I think it is a nice strategy if you don't have 100k to invest everywhere you want.

I think you should think about managing your portfolio starting with the best ones: Ethereum which will be best investment in 2018 as it seems to me, and Bitcoin as a necessary one. Then you can take some LTC, XRP, XMR, and maybe some other projects you believe in.

I have several projects like that:
1. Blackmoon Crypto
2. Request Network
3. Raiden.

All of them are for the long term for me.

AzakeB

member

Activity: 140

Merit: 12

Highest ROI crypto infrastructure

Quote from: Knightly on December 05, 2017, 05:30:40 PM

Hey,

Have to start somewhere! Although I'm wondering if it's worth saving that $100 for a month at a time then buying in? Exchanging FIAT for BTC in little bits, and then transferring that small amount of BTC to an exchange or wallet, could end up eating up 10-20% in fees, depending where you do it through.
Just do some research on the fees of the exchange you're intending to buy through so you don't lose a significant amount.

As always, good luck out there!

-Knightly.

Absolutely agreeing with you.
In terms of investing in which kind of period I would say for cost average effect is 1 week best. At the conversative stock market 1 time per month is enough but in crypto I'd say 1 time per week should be better.
I wouldn't diversify too much.

v3liana

full member

Activity: 658

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Quote from: VarDiff on December 05, 2017, 10:47:06 AM

Read the forum instead of creating dumb topics, please.

Why does every newbie expect 100% magical advice? Do you really think it's so easy?
Hey guys! I got $100, please suggest me some skyrocket coin for at least x100 profit in two days!
I'm long-term investor also! BTW, what the best color for my new Lambo? I can't choose.

WTF guys? Just spent at least few weeks for READING before posting something.

yes i do agree that investing is not that easy. new people always expect for a high profit. they think investing is easy. it took a lot time to understand the market and a guts to be ready to take the risk by holding the coin.

gribble

hero member

Activity: 966

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Quote from: locotron on December 05, 2017, 10:40:52 AM

Hey guys. I’m able to invest about $100 weekly. Could go $200 on certain weeks but only if it’s soemthing that’s about to sky rocket or something.

I was looking for some help as what is the best approach for someone who can invest this amount weekly. I know it isn’t much but I’d like to hold long term instead of expecting big returns right away

I just want share my opinions investment in digital coins and it is not advice for investment, there are two kinds of investment in my strategy long term investment and short term investment. I am trading alternative coins for short term of investment are like trading ripple coin, waves coin, ETC coin, bitcoin gold BTG, and any other of alternative coins usually i take profit from trading altcoins daily, weekly and monthly. I invested into the ICOs projects and the plan to taking profit couples years later, i have made investment in EOS, enjin coin and other ICOs projects, so right now which are will choosen everything depending on your desicions

yndye

sr. member

Activity: 616

Merit: 262

Quote from: locotron on December 05, 2017, 10:40:52 AM

Hey guys. I’m able to invest about $100 weekly. Could go $200 on certain weeks but only if it’s soemthing that’s about to sky rocket or something.

I was looking for some help as what is the best approach for someone who can invest this amount weekly. I know it isn’t much but I’d like to hold long term instead of expecting big returns right away

Good for you OP to be able to invest weekly because many people can't do so. I would suggest to buy bitcoin at least half of your investment and the remaining half to altcoins or ICOs. Just stick in the altcoins that has already proven record and if possible those that are in the top 10 because many of them have been existing for years already so you can study their movement and speculate where is the possible route of the price. There are so many ICOs that you can choose from. Read the reviews of the people about the ICOs and do your own research to know if their project is viable and will be valuable in the future.

VackFromOhm

full member

Activity: 234

Merit: 100

It's turtles all the way down!

As a lot of the other posters have said, start with your main amounts in Bitcoin as that's the safest coin to be in. I personally have around 75% of my investment in Bitcoin, and recently it's been really paying off, though you'll be investing through different kinds of markets as bitcoin has hit such a high price recently so I'd be extra careful to watch for dips and the like.

This is a great plan! As long as you invest regularly and don't sell at a loss, you'll be fine.

Acguy

sr. member

Activity: 308

Merit: 250

You would have to invest in small cap coins or icos to turn a good profit with $100 a week.

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