newbie looking for best scenario for investment.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Quote from: ramkumarsharma on October 18, 2017, 08:54:13 PM

Quote from: midvoc on October 18, 2017, 08:16:16 PM

Personally if a I had a few grand to spread about I would look at coinmarketcap.com and just throw my cash into the coins that took my fancy.

BTC, LTC and ETH are top dogs - you cant go wrong really by buying into those.

I would also look for cheaper coins and look to broaden my portfolio so that I have a spread of investment.

Hope this helps.

Regards

Thank you for guys for your valuable insights. I am buying few of top currencies for the start. Also looking in to proof stake coins but I am not sure if they would be profitable or not but I read some guys are really making or will some bucks there

Take note. Not because a certain coin is in the top 10, 20, or 30 spot on coinmarketcap.com it doesn't automatically mean that it's a good coin functionality and investment-wise. Just a heads up.

If you want to try out proof-of-stake, make sure to do your calculations before going in; and as always, never EVER go all in.

kissme09

full member

Activity: 658

Merit: 100

PayAccept - Worldwide payments accepted in seconds

You can search for crypto exchanges on this forum but I advise you to learn yourself about it. You should not trust anyone who can afford your money. Start by looking for information about the types of coin you are likely to lose or succeed in doing. Just follow what you think is right at the beginning if you are a beginner. 1 small part to exchange for you to get experience from it if there is failure you will lose a little money will not much compared to your capital. If you believe in someone else and put money on them, you will have no money to bet on when others are wrong. You can lose money when others are right. You can get money but all that is. 50:50 like a bet

ramkumarsharma

newbie

Activity: 17

Merit: 0

Quote from: midvoc on October 18, 2017, 08:16:16 PM

Personally if a I had a few grand to spread about I would look at coinmarketcap.com and just throw my cash into the coins that took my fancy.

BTC, LTC and ETH are top dogs - you cant go wrong really by buying into those.

I would also look for cheaper coins and look to broaden my portfolio so that I have a spread of investment.

Hope this helps.

Regards

Thank you for guys for your valuable insights. I am buying few of top currencies for the start. Also looking in to proof stake coins but I am not sure if they would be profitable or not but I read some guys are really making or will some bucks there

midvoc

full member

Activity: 167

Merit: 100

Personally if a I had a few grand to spread about I would look at coinmarketcap.com and just throw my cash into the coins that took my fancy.

BTC, LTC and ETH are top dogs - you cant go wrong really by buying into those.

I would also look for cheaper coins and look to broaden my portfolio so that I have a spread of investment.

Hope this helps.

Regards

Cutekittens21

full member

Activity: 140

Merit: 100

Wait for corrections. Look up elliot wave bitcoin or upcoming news about bitcoin since almost every coin follows bitcoin. Then I'd recommend buying the top 5 market cap coins or top 3 and a few that you are personally interested in. Invest something along the lines of 50/20/10/10/10. Never go 100% in.

ddurand

newbie

Activity: 47

Merit: 0

As a newbie I recommend you to be a bit patient. Before buying too much, you have to understand

the blockchain functionning
the problem each crypto currencies is trying to solve
how to trade, setup a trading strategie, be the most organise possible (e.g: note every transaction you make in order to track each gain/loss)
the risk it implies

I recommend you to register to new cryptocurrencies airdrop in order to gain free tokens. some will never values much but some have a bright future and you could gain a lot without any risks. mosts are listed here https://airdropalert.com/

JShort

newbie

Activity: 40

Merit: 0

Divide your budget, don't go all in on one single investment. Never spend more than you can afford to lose.
I suggest you check out DeepOnion as well. Get involved in the project and you might be able to join their airdrops so you get free Onions.
Sometimes being an active community member can make you some extra $ as well :-) Good luck fellow investor!

deadthings

sr. member

Activity: 1106

Merit: 255

Betking.io - Best Bitcoin Casino

Quote from: ramkumarsharma on October 18, 2017, 12:56:58 PM

i am new to bitcoin and altcoins. i have read about it a lot and also about POS coins. But it is so confusing what to do? Buy bitcoin or invest in POS? but which coin? Experienced members who are earning. pls guide me. I can shell out a couple grand USD, so how should i go about it?

Divide your budget into parts, then invest in the most profitable coin and so on to the last part. I recommend waves, btc, eth or maybe some new stuff that just came on the market.

Wusolini

legendary

Activity: 1190

Merit: 1000

no need to carry heavy money bags anymore

Bitcoin itself proved to be very good investment.
But scattering your funds among multiple assets is good decision.

You can either take a huge risk investing in some new coins (if the new coin is successful then it's usually one of the most profitable investments) or take moderate risk and invest in some established well known, wide supported coins. I'm fan of BTC, ETH and NEO.

skripsup

full member

Activity: 130

Merit: 100

Thanks! But I recomend you to wait for other users answers. Because everyone has their own strategies and i think it's better to read about all ones and then to choose the strategy which fits you better. Or elaborate your own strategy.
Good luck!

ramkumarsharma

newbie

Activity: 17

Merit: 0

Quote from: skripsup on October 18, 2017, 01:17:19 PM

In my opinion it's a good idea to invest in top 15 crypto currencies. For a long-time period.
But you should invest the amount of money you are not afraid to lose. Because it's very risky.

I prefer to invest 10-15% of my funds each month.

this seems like quite fair and simple!

skripsup

full member

Activity: 130

Merit: 100

In my opinion it's a good idea to invest in top 15 crypto currencies. For a long-time period.
But you should invest the amount of money you are not afraid to lose. Because it's very risky.

I prefer to invest 10-15% of my funds each month.

ramkumarsharma

newbie

Activity: 17

Merit: 0

i am new to bitcoin and altcoins. i have read about it a lot and also about POS coins. But it is so confusing what to do? Buy bitcoin or invest in POS? but which coin? Experienced members who are earning. pls guide me. I can shell out a couple grand USD, so how should i go about it?

Topic: newbie looking for best scenario for investment. (Read 355 times)