Topic: investing plan (Read 405 times)

The amount of wealth you have will be best if you can invest in Bitcoin for a long period of time. Because the price of Bitcoin has already increased a lot in the span of just two weeks. In 2023, Bitcoin price may range from 40k to 42k dollar. So a few days ago was the time to invest the most. While the price of Bitcoin was between 24K and 25K dollar. However, there is a high possibility that the bull run will stop for a short period of time. So soon you will get opportunities to invest when the price of bitcoin falls and all properties you can invest in bitcoin. But remember not to put all your eggs in one basket, so you should store your assets in multiple wallets.

The best thing you can always do is put all your money in bitcoin and it could be that things can be done as you want, if you buy altcoins, it is your decision but they will not give you the same benefit if you put your money in bitcoin, bitcoin is the investment safest in the world, not altsoincs, they can fall and go to 1 usd even to zero quickly, because it is a way for it to rise very quickly, but it is unfortunate if you lose everything, it has happened to many altsoincs, it is difficult If you are left without any money due to a bad decision, don't complicate things, go to the safe ones and the safest thing is bitcoin over gold and any other investment.

It depends on the holding time frame but no matter the time frame investment in Bitcoin is always the best in the crypto market especially that alot of big investment giant companies are putting billions of dollars in Bitcoin spot ETF imagine that the price of 1BTC will be after billion of dollars is injected into the BTC market.

Starting with $1500 puts you ahead of the pack in crypto. Your gradual investment shows discipline, which is essential in this unstable market. Bitcoin is the most trusted and stable crypto asset. Its cycles have patterns that the keen observer can track with some assurance.

Bitcoin's stability shouldnt be overstated while diversifying your portfolio, especially if you're not a crypto expert. Despite the appeal of altcoin seasons, altcoins are risky and demand a strong strategy and nerves. As a beginner, allocating more to Bitcoin may be a safer decision

Crypto is about the trip as much as the destination, so plan accordingly. Both market intelligence and personal conviction should inform your investing split. Discover market trends, technology, and your risk tolerance. This is when your portfolio and expertise expand significantly.

In this cycle, it is useless to expect such a profit from Bitcoin, perhaps in the next one it will achieve such a profit (from today’s position), but Bitcoin is becoming a heavy asset and if nothing happens to it, and it remains an attractive investment in the future, it will be increasingly difficult for it to grow. It may be a good protective instrument against inflation, or for something else, but its profitability in the future may decrease significantly.

Bitcoin is a safe bet for you in this market and that is why you see most people recommending you to invest in it. But I also want to tell you that, if you are thinking of making big profits like x10, x20, bitcoin will not be able to meet your requirements. There is no asset that is both safe and highly profitable. Therefore, depending on each person's taste, there is a suitable choice. Safety means low profit, high risk means high profit, it all depends on you, you should decide for yourself instead of asking others for advice.

With the current amount of money you have, that's perfect for a Bitcoin investment. You do not need to go to altcoins, invest all in Bitcoin. But I suggest you do DCA, instead of investing all of it in one purchase, set a price you will be using to purchase on a weekly or monthly basis. If you don't have any idea what is DCA, it is a long-term strategy for investing, as I have already mentioned, you will purchase regularly on a weekly or monthly with smaller amounts.

This way, you can have the chance to buy Bitcoin at a different price. By doing dca, until the time Bitcoin's price reaches a new ATH, you would probably gain an unexpected profit.

When it comes to investing in the world of cryptocurrency, there are different factors to consider depending on an individual's risk tolerance and investment goals. If you prioritize security and stability, then Bitcoin is the best choice due to its established reputation, and widespread adoption. However, if you're willing to take on more risk in exchange for potentially higher returns, you might want to explore altcoins. When it comes to investing in altcoins, it's crucial to do your own research and not rely solely on someone else's recommendation.

If that's money you're setting aside for investment, I'd strongly recommend BTC. That's what I'd do if I had $1,5k personally... i'd buy BTC. The condition is that I already have an emergency fund and enough FIAT money for day-to-day expenses until the next payday. In my opinion, Bitcoin has more going for it compared to altcoins. To this day, Bitcoin still has the potential to surprise, at least until the next halving.

Believe me, Bitcoin has a lot of supporters and potentially more institutional investors... that's why Bitcoin is more favorable than altcoins.

op the money you want to invest i tell you don't invest this money in altcoins. Because at any time by investing in altcoins you can get hurt or lose all your money. I would suggest you to choose Bitcoin over altcoins.  If you invest bitcoins you will get more profit than altcoins. If we take a look at the market in Bitcoin, we can understand that Bitcoin is growing faster than ever. So I would definitely suggest you to invest in bitcoins not altcoins.

If you can hold those fund for long term then I think the best option will be Bitcoin for investing. As you already say that the fund is yours so just give sometimes on basic analysis then accumulate the fund on Bitcoin. Don't go for the alternative coin there is highly risk but in case of bitcoin if you hold for long-term then the risk will be more lower. At here you don't have to be worried about the fund security. I will also say that make a dca strategy and then start investing on Bitcoin for long term even you have those fund.

For now I also think that Bitcoin investment is the safest compared to Altcoin, the risk is still there but it is smaller in percentage with Altcoin.
$1500 is a large amount, so it is possible for him to choose several investments, but it comes back to the point that what he does allows everything to happen, so it is better to think carefully before deciding.

In my opinion, with all the positive possibilities that will happen, positive news and personally also believe that the price of Bitcoin will soar high after the halving, then there is no harm or right step if everything is placed in just one investment, namely Bitcoin investment.

I don't care how you plan your investment strategy is but I implore you to just put all of it to bitcoin, be it DCA or just putting all of it in one go, just buy bitcoin because you're better off playing safe with your investments plus it's better if you aren't that frantic about investment in case things in the market isn't in your favor because with bitcoin, you can be sure that you are investments won't go down forever like a lot of shitty altcoins. But you have to understand though that for your investment to bear fruit and you can reap the profits, you need to be able to HODL for it on the long-term.

Starting with $1500 is a fairly large capital that we consider, I also started investing in bitcoin not that big just a few dollars every week but over time the portfolio is growing especially when the price is increasing.

Maybe you can start what you want including from the choice of bitcoin or altcoin, because for me bitcoin is a fairly safe investment than other altcoins, we can predict how the cycle occurs so with altcoins there is always a season called altcoin season, but I am not fully convinced of investing in altcoins so put aside and focus more on accumulating bitcoin for a long time that's what we want.

Everyone has given advice, do you already have a plan, will it be divided into several percentages? It is in your hands as a choice.

If you want to minimize the risk, consider putting all your investment into Bitcoin and holding it for the long term. Of course, there's a saying, 'Don't put all your eggs in one basket,' but since the majority of altcoins are not very reliable, it might be better to go all-in on Bitcoin.

That $1500 you have could potentially grow significantly, especially with the upcoming halving and the expected bull run based on its historical trend. Bitcoin might even reach a new ATH and could go as high as $350k. It might seem too optimistic for now, but once we're in the midst of a bull run, people tend to forget about ceilings and just want to keep pushing Bitcoin higher. You know, when FOMO kicks in, prices can skyrocket.

Having $1500 is a great start to investing in crypto. With that money, you can use $1000 to invest in Bitcoin and $500 for altcoins. But for now, it's best to hold on because crypto prices are currently rising. Wait until the crypto price declines or experiences a correction. Then, you can start investing in crypto.

If you want to buy at the current price, you can buy Bitcoin, but before that, you should make your investment plan. You can use the DCA method as your investment plan. With this method, you don't need to pay attention to price movements because you invest every week or month. It will be safer because you don't need to panic if the price decreases or increases.

You can also use all the money to invest in Bitcoin. Choosing Bitcoin as your investment is enough so you don't need to use altcoins as another investment. But before you start, you have to do some research first.

You must have your investment plan. Don't ever think about using the money you mentioned about using it within a certain period.
I personally don't like dividing investments, I will put it in BTC or if you like a certain good altcoin, you can put it there.

but in investing you can't just think about buying and holding then selling. You must have a place to store your assets safely. Before you invest, maybe you should learn a few things like that first.

I would add that the person asking that question is scam fodder. Seriously, with all the information available on the internet today, are you going to rely on what strangers say on a forum?

I also agree that in general the opinions of the thread are useful, but better to do some research for yourself and if you see that it matches what they say you already have more security.

Where you invest $1500 is your personal decision but for how long. But if you want you can go to altcoin or go to bitcoin. If you want to invest in altcoin then you need to choose the right altcoin. If you can't choose the right altcoin among the thousands of altcoins in the market, you can lose your capital. If this is your first stage of investing then I would say you need to know a lot. Except for a few altcoins in the market, none of them can be properly trusted, but there is no guarantee that they will be guaranteed. In my opinion you should invest in Bitcoin. Bitcoin is the only sector that can make you profitable in the future. There is a huge possibility that the Bitcoin market will become a bull in the coming years. You can expect a good future earnings by holding Bitcoin.

You will not lose or regret if you invest all in Bitcoin and this is absolutely your choice to make.

But as a long-time investor, my candid advice for you is to diversify your portfolio, this is not because Bitcoin is not safe or wouldn't earn you money but to make more money. This advice is wise as Bitcoin is not the only cryptocurrency. Many might advise you to do Bitcoin! Bitcoin!! Bitcoin!!! but they are investing in altcoins too, so you need to be wise, some people are fake.

Just do your research if you would invest in altcoins, follow the right projects and you won't regret it. You might want to invest 30% or more in Bitcoin and the rest in altcoins, the choice is yours.

Regarding you look first time with bitcoin investment, first way before making investment in cryptocurrency you need an exchange account or wallet use for holding your altcoin or bitcoin assets based on which one worth between bitcoin or altcoin. Current bitcoin halving without five months later, I think Bitcoin is the best investment exactly you have more enough capital around $1500. You need to find which one the best place for saving your investment placed later between CEX exchange or you use wallet such as electrum if you want to invest in bitcoin.

Current bitcoin price still under $36K better spent all your fund for bitcoin and looks risk when investing in altcoin although have high return later than bitcoin but always have high risk when making altcoin as investment assets, however with many respond recommended about bitcoin or altcoin investment not bad ideas for OP make your own research and choose which one more profitable for investing.

It depends on your risk taking ability. If you want very high returns and can take good risks, you should go with alt coins. On the other hand, if you want less risk. and are ok with moderate returns, Bitcoin will be better choice for you.

OP, based on my calculation, $1500 worth of BTC is about 0.042 bitcoin. If you acquire that value of Bitcoin now and during the bull season, when Bitcoin hits $100k, you will likely make a profit of about $2.5k. If you decide to invest that money in altcoin, you never know the possibility of that token being pumped, and if it isn't, that's a total loss for you. Do your own research and choose wisely.

If it's your first time here in the bitcoin world and you want to experience earning here in this field industry, I suggest to you that you dedicate it to Bitcoin, because if you try to start it now, I doubt that you will not experience that you are not earning here on Bitcoin that you will hold until the bull run comes.

Now, if you feel that you want to invest in other cryptocurrencies besides Bitcoin, it is better that you base cryptocurrencies only on the top 20 so that you can be sure that you will get a profit from them.https://coinmarketcap.com/

Just don't forget to do your own research before you actually decide which of the cryptocurrencies you want to buy and hold for the future.

I'm sure many have already suggested investing all in bitcoin or a large percentage of your capital in bitcoin. Well, you can follow that, but it still depends on you, meaning that what do you want long-term or short-term? because if you are going to put your capital to hold bitcoin, then you will need to wait long term before you can get a huge amount of profit. Yes,  anytime you can convert your bitcoin, but you will not utilise the profit potential. then if you want to still earn while holding a bitcoin asset, then you can use the other portion of your capital to hold another alt coin, but still, you need to wait. So I suggest exploring more other things to earn using a crypto currency. You can do trade or staking, and crypto currency or bitcoin itself is a broad industry. You can explore many things that could help you earn.

For holding?
Exactly, it will be for Bitcoin.
Go for Bitcoin and you can get better chance for raising your capital. It also has lower risks compared to altcoins. remember, it is lower risk than altcoins, not zero risks. Because there will be always a risk in investing. So, just be patient in waiting for profits to come later in the bullish period. We just need to be patient and update every now and then to keep up with Bitcoin developments, but don't let it disrupt and shake your holding plan.

This may not be easy because there will definitely be many problems to be faced, but as long as we can maintain it well, then that's it, I think just doing it with Bitcoin is the most appropriate.

Bitcoin is definitely the choice and will be the advice you get the most because people here are mostly bitcoin maximalists. But if you post your question to the altcoin board, I think the answer will be a little different. Therefore, you should decide everything instead of listening to what others say. If you don't have enough knowledge to choose which coin is right for you, you should stop investing and don't invest just because someone else tells you to. Even if you buy bitcoin, you won't be able to keep it for long without knowledge.

OP, there is no question in this; everyone knows that Bitcoin is better than Altcoin. If he has even a little knowledge about crypto, then he must know which is the best option.

If you take my opinion, I will advise you to invest in Bitcoin for holding, but act on your own. Do not take my opinion as financial advice, but as educational. So now let us come to the long-term investment: Bitcoin is a better option for you than Altcoin, and besides my opinion, many public analysts also say that BTC is better for holding. And the reason for this is that if you look at the price of Bitcoin, those who invested in it in the bear market and held it and sold it in the bull market have earned a good profit. And anyway, Bitcoin long-term is bullish. I myself have started collecting the signature payment, and once enough has been made, I intend to sell it in the bull market.

So it means that the only authentic and best investment asset to hold is bitcoin. No guarantee from Altcoin can guarantee that it will really give you good returns in a bull market.

I don't need to hide the truth from you. Bitcoin is the best coin to invest in, and it is only an investment that is good for holding for long periods of time. If I should advise you, I will ask you to invest all your money in bitcoin and never think of any altcoins, because altcoins are just pumps and dumps of coins for a short time, and you may easily lose funds, which will really hurt you. It is not that some altcoins have not also proven to be good coins for investment, but the truth is that nobody knows what will happen while holding the coins for long periods of time. Because of this, some groups of people have control over altcoins, and they can decide to move their money from one project to another. In the past, there have been many altcoins that have gained the attention of people, and people believe much in the coins and invest a lot of money, but at last, the investors end up in tears. An example is Luna Coins, and so on.
 
Op I have suggested to you that Bitcoin is the best crypto investment, and that was based on my understanding and my own research. It will be better for you to do your own research before investing your money in any coins. It is not deniable that many people who want to invest in altcoins are doing it for the higher profits and really forget about the high risk they are taking. But I will say it is better to make a little profit and take little risk than to take a higher risk and lose your funds later
 

OP I would advise you, never invest in altcoins. Because investing in altcoins is more risky. If you invest in altcoins, you may lose your entire money. Investing in Bitcoin is also risky but much less risky than alt coins. However, the chance of losing your entire money investing in Bitcoin is very low, almost non-existent at present. OP, you have thought of investing at the right time, this is the right time to invest in Bitcoin. You can invest Bitcoin with DCA method. If you can hold for 2-3 years, hopefully there is a chance of 2-3x profit.

Since I'm all in on Bitcoin, I will always recommend Bitcoin. The reason is simple, with Bitcoin, you will not have the fear of terrible sharp practices that is prevalent with shitcoins. You will not have the experience of LUNA and you will be dealing on the currency with highest liquidity and acceptance.  Apart from that, the growth is sure and there are many fundamentals lined up to push the price higher. This is indeed the best time to buy Bitcoin.

What's your purpose for the investment?
One mistake most people usually make in terms of investment is not having a plan for the investment that they are about to make. If you have $1,500 today, the question should be: how long are you willing to lock that $1,500 away without having the need to want to spend it some day due to some unplanned urgent needs and wants? If you have a stable income that gives you enough money to sustain your daily lifestyle and expenses, then you can think of the best way to go.
 
If you can hold down the $1,500 investment for at least 1-3 years, then the best advice will be to invest in bitcoin rather than going for altcoins. The price of bitcoin might appear to be a little high as of today and this week, to be precise, but this price should not discourage you from making your investment move. You can either DCA with the fund at hand or you can just use all of it and make your purchases all at once, then lock it up in a private self-custodial wallet and safe guide the phrase until the actual time you want to make use of it.
 
And you also need to train your mind to not always react to the negativity of the market, as once in a while we see a market fall on bitcoin, which we really can't avoid, but don't panic as it comes and goes, and providing that you don't sell your assets, you're going to be safe where they are.

From your post history I think you’re truly sincere about the investment.

If I’m to give you an advise I’ll ask that you go 90% on bitcoin and the remaining 10% on altcoin like Ethereum and the likes of it; if you’re to go for any altcoin don’t go for the ones that are just newly being developed because 99% of them turns out to be scam so just try to go with the ones that have been able to create a name for themselves, that way even if you hold them you won’t be able to amount a considerable loss (since you allocated a small amount to it).

In general, people will advise you to bitcoin rather than altcoins that do not provide good results, precisely what we see the movement of altcoins always follows the direction of bitcoin and that is one of the investments that many people do here.
Never be interested in unclear altcoins, such as new projects that are still pre-sales or memes that are not that important, you need to pay attention to this, never FOMO or follow the hype on other coins besides bitcoin.
If you have not decided on an investment plan and this is your first time entering the crypto world then it is better that the safest way for you to invest is in bitcoin.

Yes knowing fully well that,  next year we are going to have a bitcoin network halven that reduce the total reward on blocks by half of it present block rewards and being possible for quick increase in the value and scarcity of the available Bitcoin that will trigger up a new market trends,  it most important at the point to make sure that any opportunity that we have to spend any tangible amount in investment should be targeted at a balance ground where bitcoin holds the central position and being the most secured among every other Bitcoin will give the ease of investment and waiting time by the ops,  so it is bitcoin all the way.

Bitcoin is the most appropriate for a beginner who's interest is a secured investment most especially in the long term basis that allow the investor time to build his knowledge of the market entirely.

Ask others and there will be more coin options, If I were you, $1500 would be put into bitcoin as the only investment.

Don't care about other coins even though people say it will be more profitable than bitcoin, so my advice is that you choose bitcoin as a good investment, we are never left behind for the current price because it is still said to be low compared to the price next year which will likely increase.
One more place to store is important, so use a hardware wallet to keep your assets safe.

Why you are comparing BTC to alt, no there is no comparison between BTC and alt. Of course, you can go towards BTC if you want to invest and then hold. For holding btc is the best one. Yesterday a person posted I think in the beggainer and help section who is telling about the Bitcoin holding that he invested in BTC sometime ago and recently he made a big profit from it and used it for the profits in his marriage expenses. If you hold it in the BTC and wait until the bullish phase comes then it will return huge profits. But the fund is yours and we don't force you to do what we are saying we are just giving the suggestions the last decision will be yours to either invest it in the BTC or alts.

I would say to invest that money in BTC if you are planning on holding it, because it is the best in terms of risk and volatility. If you are planning to hold for 2 or more years, then I hope you can make 2x or 3x on your investment. There is no doubt that if you invest this same money in alts with proper calculations, you might make 2x or 3x in one day, but that will depend on the trading you are wanting to do.

At the current market price, I can say there are many decent alts in the market that can make more than 2x or 3x on your holdings if you hold them for 2 or more years, but the difference between both is risk. You and I don't get to know when those assets we have invested in will go under the earth, and we don't know whether they can make us twice as much after 2 years or if they can make us twice as much before that period, and that would be our only chance to book profit. Which means we have to be active in the market while dealing with alts.

Holding in BTC becomes less risky, and based on your newbie account, I would suggest you hold your funds by buying BTC and do not buy all at once; instead, buy in parts. Recent news of an ETF is coming, and if that spreads up, we might see BTC reach $40,000 in the next week.

I think majority here, if we have that kind of money will invest on BTC. I mean it's the safe best, at least from my experience point of view. I had invested on alts before, but it didn't turn out good in my end. Maybe I was carried by the altcoin market hype before, and might have push for some meme or shit coins.

But to avoid that kind of FOMO and of course, not losing money, it will be better to go with BTC all in. This is not a investment advise though, you still have to make the final decision.

However, I think majority here might agree with me that Bitcoin is better than anything else.

Are you a beginner, the best advice is to invest all of it in Bitcoin and see how the market will wave Bitcoin and you'll have the idea how everything moves just as it all depends on it. If you heard out newbies made a lot of money with altcoins, they're just as lucky as they start out. The trend has been in their favor and they have never expected that to happen.

Usually, people who have made a lot of money from altcoins, it's either they've known that project for so long or they all suddenly invested in it just because the trend was seen on those. For you as a beginner and don't have any idea yet, it's always best to go along which is the market mover and that's Bitcoin.

Maybe someday in the future, you'll explore with altcoins when you have already seen how the market moves and how more volatile the altcoins are and understands that they're all following Bitcoin.

If I were you I'd invest in Bitcoin rather than an altcoin. I'll try and highlight few reasons why you should go for Bitcoin. Some altcoins lack use cases and they fade away as they come but bitcoin is still here. More so, there are more than 15,000 altcoins, so you'll be faced with dilemma in choosing the right coin to invest but there's only one Bitcoin with a proven track record. It's over to you to make a choice, but if you're going to invest in Bitcoin, you better hurry, buy and hodl because the ship is about to sail.

Never ever ever ever trust random people on any forum when it comes to money.

Nobody will tell you where to invest your money.

You will find all the above posts pretty helpful, but I want to make sure that you will never take financial advice from any unauthorized member.

Buy Bitcoin because it has a higher investment return compared to altcoins. altcoins follow Bitcoin in price when bitcoin up, but Bitcoin does not follow altcoins when price go down. I Will buy Bitcoin $1200 ETH $200 Altcoins $100
Buy now, as this may be the best time to invest in Bitcoin, if not the best. once bitcoin break 40,000 we will never see 30,000 soon

I think Bitcoin's probably your best bet if you want something stable in crypto.  It's the OG coin! But if you've got an appetite for risk, maybe spread out a bit into some altcoins that seem promising after you've done your homework on them and  just remember it's so key to research what you're buying into - really understand the projects and think hard about your goals long-term.  Crypto's a rollercoaster so buckle up for the peaks and valleys.

Wishing you luck with investing!

Many people are looking for this kind of money to invest at this kind of time in Bitcoin when you know that next year's going to be a very good year for Bitcoin. Investing an amount like this in bitcoins is giving yourself a good head start which if followed up with little amounts in DCA will make your bitcoin holding to be substantial. If you think that you will like to gamble investment on altcoins, do not invest in too many, and let bitcoins be what you have the most.

Better investment plans often works when we have some better investment,  the more you have investment the more you can earn but there is one thing which should be taken care and that is the risk factor involved in each trade we are taking. But risks should be minimized by changing strategies with time to time.

For your investment plan,  I have opinion to invest that in bnb if you are really having investment plans for the long term. Also you can invest this in Ethereum but it will give you a less profit if it pumps,  but Bnb in price is low as compared to other coins like Btc and Ethereum. If your investment was good then I would definitely gave you an idea about the btc.

Of course bitcoin is the best and investing in bitcoin is the best choice. Bitcoin is trusted and has a price history of always reaching a new ATH after the halving. The halving momentum will occur soon and many members believe that Bitcoin will touch a new ATH again.

Investing in altcoins is too risky, if we are lucky maybe we will find a good altcoin and have a fantastic price increase, but the price of the altcoin can run out and it can be delisted from the market.

you must have some altcoins/tokens in mind before asking the question but you wanna hear that being suggested in this thread. you should have spit it out so that people will give you an idea whether it's a good investment or not. seeing how green the altcoins are these days, you'll think you gonna make money investing just about any of them.

if it's your first time investing in crypto. you might be attracted to promises of a new meme coin. you better be praying that it's gonna be pumped by the team. but most likely the people here will suggest to just choosing BTC or the top 10 altcoins you can find on CMC.

Since you made a public thread to seek advice on where to invest your 1500k,  you have to know that if you looking for to invest that money in cryptocurrency then you have to understand the risk involved and how you must avoid it,  at some point,  if you believe that you want to invest that amount in crypto then you can invest by holding less volatile assets.

But much more also you have to consider Bitcoin but on a long-term basis so you have to be ready to wait for a while to see your investment grow with significant profits since your amount in the capital is such a small amount at this point which will translate into longer waiting time let say the 1-year cycle of time frame for your investment to mature.

Invest it into Bitcoin because it's the safest option for you. I won't recommend you the altcoins because they aren't as reliable as Bitcoin and any of them can go zero in value. If still you want to go with altcoins then I recommend you to do your research and choose among the old and well-known altcoins like Monero, Dogecoin, LTC and a few others which have been doing good for many years.

Never ever invest your money into newly launched tokens because they are very risky and you can lose everything. I have personally invested in some of the newly launched coins and lost a lot of money and that's why I recommend you to be careful from those newly launched coins. The old altcoins are still okay as investment but I still prefer Bitcoin investment.

Whatever you decide to invest in, you need to make sure your crypto doesn't get stolen.

You got 3 options

1) Use an exchange. You can use an exchange which is the easiest however you need to make sure you use a unique email, password, and don't use 2FA with SMS. This is pretty basic and unless the exchange goes bankrupt your crypto is safe.

2) Use a hardware wallet. These cost like $100 or so and you use it to sign transactions.

3) Cold storage. This is free, just need an old computer that is never connected to the internet which you will use just to sign the transaction.

Never follow others always do your own research because this $1500 is yours, but if I have to assume that this money is mine and I have been given the opportunity to make holdings from it then I will definitely go into alts because alts can give me some good profit but you (reader) might be wondering why I did not choose BTC because these $1500 are given to me to make money by holdings. And even if I will lose this money in Alts I will not regret it as the money is not mine.

But If I would care about money, then I would go for BTC, and at the current market, I would not go all on BTC because the market is showing like it is bullish which it is but I don't know why the feelings in my mind tell me that it will come down to $30k at least.

So, for that, I will keep some funds aside to buy at dip, some funds for emergency, and the remaining one will be invested in BTC.

Hello Community,

I have 1500$ and i want to invest it crypto as holdings. What do us suggest invest it all on BTC or alts? Thanks