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Topic: Newbie starting out where to invest $500 (Read 606 times)

member
Activity: 350
Merit: 13
March 03, 2018, 03:02:55 PM
#71
Exactly as the previous user said. Go through smith and crown or Tokenmarket or ICObench, find a product you can gravitate towards. Read up on the whitepaper, research the team and advisor, follow up on the community on both BTT, Telegram, Medium, and any other social media channel. Then invest. But remember, you're investing into the vision/tech/product, not just a get-rich-quick-scheme. If you're looking for the later, start daytrading
newbie
Activity: 38
Merit: 0
As the title suggest new to crypto, small investment of $500, which coins should I be looking to invest in?



Thanks in advance for any advice given.

I personally think it's better to invest in the some promising ICO's than in just coins. Just make sure they're not a scam and have a good and refined whitepaper, active community and talkative admins. Investing in coins is basically just working on exchanges.
newbie
Activity: 65
Merit: 0
February 26, 2018, 11:18:40 AM
#69
I am not quite sure if you can even invest this amount for btcs or not
jr. member
Activity: 164
Merit: 1
February 25, 2018, 09:23:17 PM
#68
You can join the bounty programmes and eatn btcs no need to invest first
jr. member
Activity: 280
Merit: 3
February 25, 2018, 06:52:44 AM
#67
If you have 500 USD and want to invest to crypto, I would diversify the portfolio. Today everything is very cheap compared to the pice one month ago. Never put all eggs into one basket!
20 % I would invest in Bitcoin - it is still the king of crypto and it will be the best cryptocurrency for at least whole 2018 a probably also 2019.
20 % into Ethereum
30 % into strong coins from top 25 - I prefer NEO, XLM, ICX
30 % into coins with smaller marketcap that have a bif potential to grow - SNOV, TNC, ECC, ONION.

I would wait with the investment into any ICO until market stabilizes.
newbie
Activity: 90
Merit: 0
February 25, 2018, 06:19:31 AM
#66
I do not have 1 dola  Huh
newbie
Activity: 37
Merit: 0
February 25, 2018, 06:14:47 AM
#65
I would normally advise splitting it between well recognised coins (safer...! investments) and newer altcoins with good teams behind them. $500 won’t go too far though if you spread it too thinly. Therefore I think you should split between the big 3 - BTC, ETH, LTC and work in trying to join the various Airdrops/Bounties to make a start on altcoins.
hero member
Activity: 1190
Merit: 534
February 25, 2018, 05:10:28 AM
#64
Before investing you are $500 I would recommend you to invest your time worth $1000 in doing research about the multiple investment options. Do not follow any others opinion blindly and do your own research. I would recommend you to diversify your investment in order to deal with the serious price volatility in any single coin. Find at least 10 to 20 good investment options and diversify your capital among 20 parts and invest through the systematic investment plan.
newbie
Activity: 45
Merit: 0
February 25, 2018, 02:45:25 AM
#63
You can have some btc partners in a trade with your smaller share. A new thought isn't it?
newbie
Activity: 5
Merit: 0
February 24, 2018, 08:25:40 PM
#62
IMHO, right now is a good time to buy some Bitcoins / Ethers. Or if you want to invest into ICOs, then it make sense to go through ICO listings or Telegram chats where people overview new project. The better if a project already has a working product.
newbie
Activity: 7
Merit: 0
February 24, 2018, 01:02:06 PM
#61
I would like to suggest invest in Ripple XRP, it's a very solid project with good marketing and sales. They already signed contracts with many banks and potentially soon will announce more exciting deals. I think with the current price of XRP you definitely not lose your money but after the end of that correction, you could rise x2. Just my opinion.
newbie
Activity: 74
Merit: 0
February 24, 2018, 12:46:15 PM
#60
You can buy a small amount of bitcoins with it I think at this time of dip.
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
February 24, 2018, 07:20:48 AM
#59
As the title suggest new to crypto, small investment of $500, which coins should I be looking to invest in?



Thanks in advance for any advice given.
It depends if you want to risk or just invest and wait, in second case just invest in first five coins if you want to risk try to buy some thrash coins and wait for their pump (you could lost everything fast too).
newbie
Activity: 429
Merit: 0
February 24, 2018, 07:07:37 AM
#58
As the title suggest new to crypto, small investment of $500, which coins should I be looking to invest in?

Thanks in advance for any advice given.

few tips learn to be patient you will get your turn to earn money , learn about Crypto currencies by following the forums on Bitcoin talk or other social media accounts
Now coming to investment spilt it between coins which are old and having good market cap on Coin Market cap  i.e BTC , Eth, Ripple , Litecoin  and new tokens or coins like Electroneum, DGTX etc   . Put around 400 % USD in BTC , Eth, Ripple , Litecoin   while balance 100 USD in Electroneum, DGTX et
newbie
Activity: 37
Merit: 0
February 24, 2018, 06:55:28 AM
#57
Hi, another newbie here.  I would like to invest long term i.e. buy and hold but I question how much higher Bitcoin can reach so I am looking at altcoins.  My issue is that there are so many available with more and more options coming available and surely they can't all be super-successful. It reminds me of the dot com bubble with penny shares so I understand that I need to look at fundamentals behind each of the offerings rather than just blindly buying a host of coins in the hope that they will rise. Having done some research online the following seem to be widely considered as alt coins with real potential:

EOS
Cardana
Vertcoin
Siacoin
Cypherium
DeepOnion

Would fellow members consider it a viable option to spread £1500 across these options in the hope of long term rises or should I adopt a more cautious approach investing in higher priced options (Litecoin, Bitcoin Cash, Eth etc) or indeed a more aggressive approach opting for less well known but cheaper entry offerings?

Any help or advice greatly recieved.
newbie
Activity: 44
Merit: 0
February 24, 2018, 01:35:46 AM
#56
By the maincoins and wait one year is in secure option.
newbie
Activity: 44
Merit: 0
February 24, 2018, 01:34:38 AM
#55
most trading sites have demo account to test. like upcoin, eosfinix and so on.

Or get in Beta to test, write mail and you are in.
newbie
Activity: 10
Merit: 0
February 23, 2018, 08:40:55 PM
#54
I started out a couple of weeks ago , with a similair amount of money. Not really the best time to start.
I found them trough coinmarketcap and mostly invested in some of the top 20 coins , when you click on them you can do some research.
Just keep reading on this forum and you will learn a lot , there is still a lot to learn in terms of security and some more unknown coins.
newbie
Activity: 76
Merit: 0
February 23, 2018, 08:27:48 PM
#53
A newbie here so no idea about such complex thoughts
newbie
Activity: 27
Merit: 1
February 17, 2018, 02:36:55 PM
#52
Hi, invest this sum in first 10 coins.
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