Topic: My First Investments - page 3. (Read 838 times)
If you are thinking of making an investment plan it is best for you to make your own decision and study what you think that will best for you, people will always share their own view when it comes to investment but not every advice will be nice for you to take. Make your plans ,make research about it and see if it will be good for you to go about it.
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I am a newbie and would like to invest $1000 to start. I have read that I should put 40 percent into bitcoin and diversify the other 60 percent. I need opinions, advice, and anything from those with experience of positive value. 
I might be late but I hope you consider my opinion if you haven't invested already. Do note that nobody here is qualified to give you financial advice so don't consider anything you see her as one instead use them as a guideline as you do your personal research. The stats are available on the net in regards to how the outcome of bear market has been in the past. Majority of the project you're supposedly diversifying into right now would probably die off or not get back to the level of hyped they had previously before the bear market began which gave them high trading price.
What this means is that you should stay away from them by all means possible although that doesn't mean you should just invest all your capital at ones into the market. We don't know how low the market can go but we're getting closer or might have already reaches therefore the best strategy would be to DCA (Dollar cost average) your investment into Bitcoin.
A good investment is a really decentralized coin.
Many coins are not really decentralized like Binance Coin, Solana Coin or Ripple coin. Plz avoid such coins.
Because decentralisation is very imortant.
Decentralized coins are BTC, ETH or Avalanche.
And also look out for a capped coin. Because inflation really can ruin an investment.
Many coins are not really decentralized like Binance Coin, Solana Coin or Ripple coin. Plz avoid such coins.
Because decentralisation is very imortant.
Decentralized coins are BTC, ETH or Avalanche.
And also look out for a capped coin. Because inflation really can ruin an investment.
Investing in btc will be fine now. Because when the market is right, you will easily gain a lot. I have bought some BTC myself. I do a job as well as trading.
What do you do as well as tractors ?? Can I tell you?
Investing in btc will be fine now. Because when the market is right, you will easily gain a lot. I have bought some BTC myself. I do a job as well as trading.
A lot have been said about the nesessity of research firts and about BTC being the most reliable asset to invest. I totally agree with that, but I would also like to add that for profitable investments you also need to take into account the time that is best not only for opening a position, but also for closing it (preferably with a profit). I mean, most newbies, myself included, often get caught thinking that doing research and having a solid asset, like BTC e.g., will make them huge profits in a short period of time. Unfortunately, this is not the case. And until you accept this, you can do rash actions, for example, sell when the exchange rate fluctuates because of the fear of losing your investment, or, on the contrary, buy when the asset is already overbought and take it at a high price.
Therefore, in my opinion, a positive investment experience is possible when you do not throw your last hopes there and do not expect to get everything at once. Investing is a job, and like any job, it requires practice, skill development, and constant training.
Therefore, in my opinion, a positive investment experience is possible when you do not throw your last hopes there and do not expect to get everything at once. Investing is a job, and like any job, it requires practice, skill development, and constant training.
Congratulations and welcome to the forum. I would have skipped the post because many have already contributed to it but I have to add my voice to the discussion and most importantly were I observed is very necessary.
You said you read where it is said that 40% is for bitcoin and 60% for altcoins. The way you presented the statement, it is as if it is a standing rule of investment in this forum. Please I want you to understand that what you said above is nothing but someone's personal view or suggestions. It is not a standard in investment. Again, no matter how accurate any investment advice might appear to you, please do your own research.
Secondly, it has been said many times that investing in bitcoin and spreading your investment to altcoins is not a diversification. When bitcoin the king is down, altcoins go down with it. So, understand this have have peace.
You said you read where it is said that 40% is for bitcoin and 60% for altcoins. The way you presented the statement, it is as if it is a standing rule of investment in this forum. Please I want you to understand that what you said above is nothing but someone's personal view or suggestions. It is not a standard in investment. Again, no matter how accurate any investment advice might appear to you, please do your own research.
Secondly, it has been said many times that investing in bitcoin and spreading your investment to altcoins is not a diversification. When bitcoin the king is down, altcoins go down with it. So, understand this have have peace.
I am a newbie and would like to invest $1000 to start. I have read that I should put 40 percent into bitcoin and diversify the other 60 percent. I need opinions, advice, and anything from those with experience of positive value.
If I were you, I would invest that $1k into bitcoin. ignore the altcoins, unless you yourself are certain that you want to invest in them. just like what welsh has said, "Diversifying doesn't mitigate the risk at all". anyway, you mentioned that you are still a newbie, it would be best for you to actually learn about investing in cryptocurrency than relying on someone on what you should invest on. The first thing before investing is know what you invest for, don't rely on someone including those called experts.
I advice you to learn about Bitcoin first if you really want to invest in Bitcoin, it's dumb to invest without any knowledge.
yes i agree with you bro and also follow the golden rules.dont put all eggs in one basket. and also invest what you willing to lose. just make sure investing in cryptocurrency dont effect your daily life I advice you to learn about Bitcoin first if you really want to invest in Bitcoin, it's dumb to invest without any knowledge.
I am a newbie and would like to invest $1000 to start. I have read that I should put 40 percent into bitcoin and diversify the other 60 percent. I need opinions, advice, and anything from those with experience of positive value.
If i can advise it's will be better for you to invest on bitcoin only because that's the only cryptocurrency that can be recognized as an investment currency that can be profitable over time without loosing it value, there are many altcoins out there that are shitcoins but to say the fact, majorly base your investment to be 80% on bitcoin, here part if it can be use into trading while other as investment over a long time, then the remaining 20% maybe risked on other cryptocurrencies whereby if failed or down it will jot place a significant loss on you since your investment on them is very little, but as for me i solely base on bitcoin only just to play safe and minimize risk.
Ok thats great if you wants to make money quickly then you can invest it on differents types of crypto or if you wants for long term investment then i will suggest majority is Bitcoin, BNB or Eth you can invest and hold right now is in good position!
I would advice you hold on because the market is not friendly at the moment except your own research is giving you a buy signal then you should stick to Bitcoin for the moment while the other assets choses a direction to follow. The percentage you choose for diversifying your portfolio doesn't matter what matters is how concrete the basis of your research are and how long you intend hodling your altcoins
I am a newbie and would like to invest $1000 to start. I have read that I should put 40 percent into bitcoin and diversify the other 60 percent. I need opinions, advice, and anything from those with experience of positive value.
If I were you, I will take a higher percentage into Bitcoin. I will at least spend 60% or more on Bitcoin. the least will be Ethereum or BNB. Only these two altcoins that I trust more than other altcoins during this bearish market. Actually, investing needs diversification. but, we must also understand in what assets we are putting our money. With that amount, I will not take many coins. I will only put into Bitcoin only or Bitcoin with 1 altcoin. It is enough. Additionally, never think to invest in shit coins although they offer too legit to be true project, like offering hidden gem promotion or others.
I am a newbie and would like to invest $1000 to start. I have read that I should put 40 percent into bitcoin and diversify the other 60 percent. I need opinions, advice, and anything from those with experience of positive value.
I was wrong before thinking that if I put huge shares in Altcoins I'll be earning more but sadly most of my altcoins dump while Bitcoin is on the surge. I do realize that putting more on Bitcoin is a smart decision and suggesting that instead of allocating 60% to altcoins, you'd better make it to invest in Bitcoin while 40% is for altcoins. Bitcoin is the most reliable asset in crypto, you can't be wrong with that even putting everything into this project as this will survive and potentially considered as a long-term investment.
It's always best to DYOR but I will share my thoughts. IMHO- 50% Bitcoin, 30% Ethereum, and 20% for everything else. This will keep you from losing your shirt as well as allowing you to take some controlled risks while swinging for the fences.
I think your investment depends on how long you are willing to hold the coin, if you are holding for a long period of time I would advice in bitcoin, but if otherwise you can just invest based on your initial plan. But investing in altcoin can also be risky tho.
I think it is risky to buy local coins now because BTC has not stabilized yet. But you can buy some amount of bitcoin if you want. In addition, you can buy some BNB. You can buy Etherium if you want. Because when the market goes up will pump these. 
I am a newbie and would like to invest $1000 to start. I have read that I should put 40 percent into bitcoin and diversify the other 60 percent. I need opinions, advice, and anything from those with experience of positive value.
Investing is good but their are somethings you need to understand before you go into Investing. You need to understand it is not right for you to invest all that you have just because you want to make money from cryptocurrency, you need a steady source of income that won't be a distraction to your cryptocurrency investment, cryptocurrency is not a quick money making scheme. Investing in cryptocurrency requires patience, you need to be prepared for the volatility you will come in contact with in the market, your ability to be patient is what will keep you going in Investing cryptocurrency.
I think your investment depends on how long you are willing to hold the coin, if you are holding for a long period of time I would advice in bitcoin, but if otherwise you can just invest based on your initial plan. But investing in altcoin can also be risky tho.
I think Bitcoin will come in at 12 to 13 thousand. Because of the state of the market it will take a long time to recover.
So from now on, buy a little bit, you can do one thing, divide Bitcoin into three parts, buy one part now, buy another part, 18-16k $, buy another part, 10-12k $. And you don't invest with all the money at once.
So from now on, buy a little bit, you can do one thing, divide Bitcoin into three parts, buy one part now, buy another part, 18-16k $, buy another part, 10-12k $. And you don't invest with all the money at once.
One thing I can say is that you can invest in Bitcoin if you want. Now the price of Bitcoin is much lower than the price of Bitcoin. Now is your golden opportunity to invest in Bitcoin. Many have said that investing in Bitcoin is good for me. If you want to invest in Bitcoin, you need to understand and know better about investing in Bitcoin. If you invest in Bitcoin, you will have to spend a lot of time. On Bitcoin, then you can understand when the price is being pumped and when the price is being dumped, which means you have to keep an eye on it. It seems to me that you can invest in Bitcoin.
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