Topic: New at this , where should i invest my money ? (Read 1599 times)

Investing money in ICO projects are good because it will help us to make more money easier than the usual way to make money like trading and investing. If we all know how to analyze the coin if it is a worth it to invest or not then it is better to just do ICO investment because you need to invest and wait for the exchange then you can have a chance to double or triple your money within a few days.

Hahahahaha yes without bitcoin you are not going to be happy in life. This can be true for many cases but not for everyone. Still it is so sure about bitcoin that it has a fantastic magic of changing the lives of people who just started it from scratch and now they are well-beings in living standard.

Good opinion, we also have to be careful because the amount of investment is large enough

Welcome  , hopefully you enjoy in here.


why you choose to invest in dashcoin and ripple? You should learn and find out about these coins potential, not bad at all.
I have no doubt about bitcoin, but do not buy it at the peak, I guess bitcoin price will fall in October. But, if you don't want to miss current rally, you can invest now and sell it if you have certain % of profits.


I am not sure there is a company to manage your funds, trade it for you.
But, there are some new projects to invest, if they can make it works, successful, then you may get big portion.
I prefer to trade by myself, choose between coinbase, kraken, bittrex to do it. You can check it this site : https://bitpicker.io as comparison between exchanges.
Google may help about which exchange is perfect for you.

Go with your gut feeling, choose either altcoins or ICO's. Both have good future if you know where you're putting your money. Right now I invested in Kickico which raised more than 30k ETH in less than 2 hours. I would suggest you the same you do.

did you say newcomer?
Do you already have a lot of information about the investment in crypto?
I do not think you should be too brave to invest if you do not have much information about cryptocurrency. better to seek and understand first the investment system.

BCC promoter has gain so much from this hype. They just ride on bitcoins vulnerability and initiate FUDs. Bitcoin is the pioneer of all the coins and almost all altcoins are paired on it. It has a very large base community supporter and that is why I have a solid trust on it. Still, Bitcoin is King.

You are right. Bitcoin cash is just another altcoin trying vainly to divert attention of people from bitcoins. Just like many other altcoins, the pumping and dumping phases are not for long periods. We need to invest into bitcoins for enjoying real huge profits. Without bitcoins, we are unable to stay happy in crypto world.

Bitcoin cash is just a pump and dump coin and it is an altcoin and not clearly like bitcoin so if you want to generate some cash from a pump and dump then bitcoin cash is a good option but if you want a serious investment which you can put your serious money then bitcoin is still the best way to invest our money even though it already more than 7 years, bitcoin is still the best option.

Considering bitcoin cash as a place to invest is stupidity, I would say. Bitcoin cash can never the level of bitcoin. Bitcoin cash somehow get a bit fame and it became lucky. Nothing more than that. It will vanish soon. Just like other coins, it holds useless features. We should keep on searching for better things, but I believe that bitcoin fulfills its users’ needs and it is the most useful way of trading.

That is better advice I think. If you have money and you want to invest in somewhere and be getting some profits and such then you must not be just diving in trading as someone said and you just did. Keep your money safe, go through this forum, and read about trading, coins, investing and then whatever suits you go for it.

You should start by developing your skills and built your own strategy and secret as this is what you must do yourself. From there you should study the first 10 best coin with high market capitalization on  https://coinmarketcap. com and invest in any of those coins base on the skills you developing. Since you have huge risk capital, you can actually invest in the ten higher market capitalization cryptocurrency.

And do not forget before starting trading, please set your target, cut loss point and ratio earning Bitcoin from every order you will create. It will helps you have a clearly plans and not feel worry when you trading.

Since you are only looking for a long-term portfolio investment and you have no experience in the altcoins market (which works quite differently from the rest of the markets), I would prefer a conservative portfolio rather than risk money on ICOs as you has been suggested in previous posts.

Therefore I do not see the need to diversify in too many altcoins since bitcoin in the medium and long term is a safe bet, as well as Ethereum in a smaller proportion and perhaps a little of BCC because it still has a lot of room to grow.

I am assuming that you are going to hold it for the long term as you used the word invest rather than trade. I would recommend you to use cold storage to securely store your altcoins as we have experienced some bad experiences of the reputed exchanges.

You can either use a SECURELY GENERATED paper wallet or hardware wallet (I am not sure if there is any hardware wallet for the altcoins or not).

Now, I usually go with Yobit and Changelly to buy altcoins. There are plenty of good exchanges where you can convert your Bitcoins to altcoins or even buy it using your credit card.

If you are new as you said it is much better to learn first the system of Bitcoin where you need to get to used on transactions and the principle of trading such as buying and selling. The main goal on trading is having a profit out of every transaction so the best thing to consider is having aanagement where you will consider on when to buy or sell your Bitcoin depending on the price and value of Bitcoin.

If you are ready to invest not only in bitcoin but in other currencies too, pay attention to upcoming ICOs. Tomorrow Universa project starts its preICO. The details and requirements you can find on their website universa.io. But may be you will decide to wait until they announce the actual ICO. Or look for other projects, this one was just as an example

For me the best way to get Bitcoins was to buy at Coinbase. You could buy at localbitcoins or some other way, but I wanted to buy with US dollars and I didn't want to get into mining.

Once you buy, you can either just hold those coins or can move them to an exchange that allows short term trading. I use Poloniex but there are other similar sites. You can potentially trade to make some profit which you can put back into buying more Bitcoins.

I think you should not invest quickly your money online because you are still new in this cryptocurrency world. Investing is very risky so if you don't want to lose your money, make a research first before you invest.

I agree with you that we need to start in bitcoin because of bitcoin you will earn a good profit for your investment and also you need to study first the coin so that you have an enough knowledge on the coin that you are wanted to invest and less worried if this gonna be give you a good profit in the future.

What you need is a reliable place to buy and sell bitcoins tied to your bank account. I use Coinbase, (https://www.coinbase.com/join/5870b8c2b93eb527a46c40a1) that has proven reliable and reasonably fair with prices and fees (the link gives you a 10$ bonus for the first 100$ spent. Added advantage it allows you to directly buy Ether and LTC as well as bitcoin. However things change constantly, so it's bet to keep an eye on what the different merchants are doing (bitpanda and others).
Then you are going to need to transfer the Btc or Eth, you bought to an exchange, it's the best way to start. It's a good idea to open an account on different exchanges, since coins can be delisted without much notice, and exchanges are not the safest places, it diminishes risks and can create profit opportunity, since arbitrage between places is still possible in these markets that are not mature. I've using c-cex, nova, cryptoPia, poloniex and bittrex, never had a problem with any of them. They just work differently, Poloniex allowing you to do margin trading.
You can also buy ether, that allows you to take part in the multiple ICOS we are seing these days. They can be good return but following that is time consuming. 
After that it depends a lot on your strategy (short term/long term, day trade/investment, amount of time you want to spend). So it's hard to be specific.
Just remember a few differences between stock markets and crypto
- there is no bottom in crypto, a token can go (and often does) to a nil value, cutting losses is quite often necessary
- Assets are not secure, specially on exchanges, so security is an issue and has to be dealt with according to the risk you are prepared to take
- there are on these markets geeky teenagers with no prior experience of trading and they can create movements (both sides) that are totally crazy, specially since some tokens can be in the hands of a very limited number of big holders, so expect the unexpected.
- very few crypto actually have a purpose or a reason to exist or any kind of assets backing their value (some do but in different ways than shares) so you need to know what you are buying, forum here is a good place to gather information but is also full or rumors and bullshit.

My one piece of advice would be to do a three months discovery with a small amount of money. You do get burned in the beginning.
As for return, my average daily return over the last 8 monts is slightly over 1%, but I am quite conservative and cautious, you can do better (or a lot worse) if you accept more risk.
The main thing is that crypto is fun and because of low fees and infinite division of assets allows the multiplication of small orders, and that can be quite efficient when you would lose your shirt if you did that on the stock market.

So you have experience of stock exchange which is good thing and it will help you make successful trades in the crypto world too. You have taken names of some coins here which is really good collection however I would add monero and Nvo coins too. They are currently very hot and gaining volume. Also ripple is centralised currency just in case you have missed it, so the price is controlled in it.


Rest, you can start learning about the Initial coin offering from the alternate currency section. These are very profitable projects as long as you trade with right project. Have some more reading about what it is and they try it out. ;-)

Just invest your money in bitcoin first so you can be on the cryptocurrency that doesn't have too much volatility and once you have invested in bitcoin then just study the other cryptocurrency so you can discover them by your own and once you understand the way of other cryptocurrency then you may apply diversification for a low risk investment portfolio.

Yes you are right but I think that if you are new then you should not directly go for investing bitcoin. Because you don’t have much experience about bitcoin. if you want to go for investing then I would suggest you to invest the ordinary money in real life and get some experience about investment. Then come to bitcoin and start investing with very little amount after you start getting profit you then come to higher investment.

Do not hesitate with bitcoin, I'm sure the price will go up, especially if the speed of the transaction increases, then it will make the price go up. Day to day, bitcoin is increasingly in need and use, and that will make the price increase.

No offense but 15 years of experience in the financial market does necessarily give you an advantage. Even economist are proven irrelevant here. When you're just throwing 5% just do your old charting and you'll be good and don't be surprised when you get burned the next day. Just buy on some exchange and do your own strategy.

stocks - it's okay boring
forex - just kill me now boring
crypto - 2 weeks here like 2 years in real life.

Before investing your money, read books and join some group with crypto as their topic for your knowledge. Never do something without know anything and how big the risk. For new player, invest in bitcoin is the best thing you have before investing in another coin. Bitcoin is mother coin and everything about it will giving impact to another coin. Take one investment strategy and buy bitcoin on trusted exchanger for safety. Hope you'll get profit on the real market and good luck.

Since you are new in crytocurrency trading, I think you should start buy developing your knowledge on how things work and how coins are being analysis. Many people don't not take this into consideration their always jump into crytocurrency trading because of the little knowledge they have from stock and forex trading. For the coins to go ino, I think bitcoin itself, Ethereum, litecoin, Zcash, lisk and wave. You can buy all this coins at poloniex, bittrex and c-cex.

Yes, Op is an beginner to the crypto community. I believe for every beginner self learning is a must and only through that one can be successful. Just entering into it, and investing upon someone's suggestion is not right. It's good to invest researching about different coins and then make the own decision.

Investing your money in Bitcoin cash is bad decision. Bitcoin cash will be falling soon because it won't be like bitcoin price atm. Bitcoin cash just lukcy because it was "created" when segwit/BIP9/hard fork happened on AUG 1. I never believe with this coin because this is same like other altcoins.

Well said. As you are already in trading business so you must know the ups and downs. As said it is best to invest in bitcoins and the good thing you’ll find later that trading in bitcoins and stock market are somehow alike. So you will be having not any strong issues just have some good knowledge of coins and trading here and good luck!

Bitcoin, ethereum, dash, waves, iota, ripple, in that order, I didn't watch prices today but I think its going from most expensive to cheapest one. This alts are good, you can trade with them on more then one place, predictions for all this alts are great, you can't make mistake in investing in all this alts, question is which one will bring highest profit in next let's say one year period.
Also take in consideration few new alts, they have sale now, bitdice and betking. Both casinos had investors, they closed that and they made their own coins. Bitdice is in second week and you still have time for 10% discount, betking started in similar time. Check out them and maybe this investments can be good for you.

Split 90% of your funds between bitcoin and bitcoin cash, the rest you should invest in cons less than $1,with a good project and development team. Do your research, there are a few. The profits from your bitcoin investment will cover what you invested in the alts within a few months, the rest is a gamble that could pay off big.

Since you are already familiar with trading, then it should be easier for you to move around the trading sites. I would suggest for you to familiarize on the coins you want to invest your money in. And good luck with trading in the crypto world! 

Thank you all ! i think i will take a week or two to understand this market better.

Since you used to invest in stock market then you have a background in trading and how market play but crypto is way more different than stocks. So its better to do some reading here in the forum before investing into a potential coin but you can buy bitcoin for starters though.

If you are new to the crypto world, I suggest that you should only invest your money in bitcoin or ethereum. Both of them are top coins and they are being used by many people so that you can consider them as safe investments. Nothing needs to be worried when you put your money in those coins

If you're looking to invest in alt coins it's best to look at coinmarketcap and read the alt coins white papers as well as looking at how active their dev team is with their community. However if you're looking for a relatively safe investment I think it's best to put money into established cryptocurrencies like BTC/Etc right now.

I think investing in Bitcoin may not be a good idea now. Though some traders think opposite. As you are new in crypo market I think you should start investing very small amount and start building your confidence and experience. There are lot of alt-coins which are very much under rated this time. You could learn about them any may be invest in one of those.

That is a very big amount to invest your money, and that is a very less experienced person asking this question. I don't know if you have knowledge about the crypto currencies but these are most volatile thing you might see in the world. They fluctuate like very crazy and you may wanna be very choosy while investing into them. You gave considered good coins but there is more than these in this market. Please take little more lessons before you could invest your money. With that kind of money you can earn huge but only if you choose right place to invest in. :-)

Buy 100% bitcoin.
Then do some research, and put10% of your bitcoin in ethereum, dash, monero or any extablished coin you belive in.
Then other research, and put 5% in hi-risk new project you belive in (I.e. waves, neo, gamecredits)
Then other research, and bet 5% or less on ultra hi-risk not scamming ICOs (like the one in my signature).

You should end with:
90% or more bitcoin
10% medium risk
5% hi-risk
5% or less ultra hi-risk

Because you're just a beginner, it's best to first study the market trend and others connect to it. Because you may want to increase your money it might just get bubbly. It has a lot of risk as I'm just a beginner in crypto and have lost a lot of times so now I'm studying bitcoins and altcoins so I have enough knowledge but if you really want to and you are guiding you to Bittrex or Poloniex But better than Bittrex is that with you,

Just have a look at https://coinmarketcap.com and invest in top 10 coins listed there based on marketcap.

This is the easiest way to make money by investing in crypto without making any deep research but at the same time risky too.

You can also invest in some ICO which have really good roadmap, future pontential and good team behind.

Whatever you do just remember that don't invest in a coin that have pumped over 50% overnight or at peak price and never put all your investment in one coin.

First of all thanks for your quick comments,
i heard there is an option to trade on contracts of the Cryptos, like you trade contracts on the S&P, Nasdaq and so on.. so you don't need actually to trade in the exchange itself..
This what i meant when i said "companies" ,
like investment firms and so on...
All of you trading via the Crypto exchange ?

No companies are required, and moreover you need to know more about bitcoins and cryptocurrencies because there are many happenings in crypto that you don't know, however if you invest on that coins make sure you have a apetite to hold it for long term ,if not you will lose it all.

or u can follow services like turtle which provide great results http://www.turtlebc.com/?ref=AtQe63Cw

I think invest your money to the bitcoin because bitcoin is the most profitable coin. You can see the good progress of the bitcoin in this previous years. I know you will not regret if you invest your money to the bitcoin.

Start off by reading this guide:

https://cryptoforums.io/index.php?threads/ctr-cryptocurrency-trading-guide.11/

And then check my signature out  

Hope to be of help to you.

The best way to start is to learn the basics of cryptocurrencies and then start your investment journey. Else, you could easily lose all of your capital as this is a very young market and a lot of things are here to be upgraded and updated with more & better interfaces for even newbies.

If you're going to be day trading, you'll have no other option than to keep your coins on an exchange.
In that case, I'd opt for a fully regulated exchange like Bitstamp for example.

For altcoins, I would now say that Bittrex is one of the better options, Poloniex has been experiencing some issues lately.

I will assumed that the moment you invest your money in some of the coins, you already know the risk associated with it and already gained knowledge even about the basic idea.

What do you mean by "companies"? Are you referring to invest and wait for profit idea or the companies are you talking is about exchanges?


Since that is the case then the best thing to do is to hold coins "for now". While holding spend time researching what crypto trades is all about and then you are ready to go.

First I suggest you watch a lot of videos on youtube such as : "what is bitcoin?", "what is blockchain?". Then whrn you will have all fundamental knowledge about bitcoin you will have new questions to google. I am in crypto for more than 2 years and still don't know everything... so persistant, everday vodeos, articles on cointelegraph etc is the key...

I'm not sure if 15 years of experience in the financial market will help you all that much in the unregulated clusterfuck that is crypto. The normal rules don't apply I'm afraid.


Things to read up upon, apart from how Bitcoin and other crypto-currencies work of course:

1) Which exchanges are reputable (Kraken, Bitstamp, Coinbase come to mind)

2) How to keep your coins safe (cold storage: paper wallets, hardware wallets such as Trezor or Ledger)


In addition, keep in mind the following:

3) DO NOT keep your coins on exchanges for safe keeping

4) DO NOT blindly trust people trying to push alt coins such as Ethereum oder Ripple on you. Do your homework and come to your own conclusion.

Thanks for the reply, so how can i start invest on the etherium? which platform ? from where do i start ? 

i will recommend you not to go with the flow. one thing always keeps in mind not to invest in that crypto which is on peak. bitcoin is a very risky investment right now and i will never recommend any one to invest in the bitcoin right now. instead of bitcoin etherium is much better investment right now and i think it will reach to the moon in the near future.

Yes , i'm new at this , but i have more than 15 years of experience in the financial market, the Crypto will be just 5% of my portfolio...
From where i should start ?
How i can actually invest in those cryptos ?   

You are a beginner in this cryptocurrency world. I know that you don't have a prior knowledge about this world. I think before you invest your money, study first all of the information about cryptocurrency.

Hey, i'm new at this crypto issue,i used to invest in the stock market and now i want to invest around 10k-15k in few coins (bitcoin,dashcoin,ripple)
how do i start ?
there are any recommended companies?
Thanks!!