What cryptocurrency should I buy for USD 1000? - page 10.

liuqi

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Quote from: nickjohnson on April 02, 2018, 07:00:03 AM

Dear friends,
There are so many coins available on the market. I want to invest 1000 USD on cryptocurrency. What do you think I should buy? Thank you!

Ethereum is the best profitable platform because currently all the coins are dump in the market. Know it will little green so as soon as possible you should invest in Ethereum it will make 3x profit in end of this year. If you splitting your investment also right choice but you should analyse the good potential platform or you should maintain only one coin Ethereum is the best potential platform.

VitKoyn

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Quote from: nickjohnson on April 02, 2018, 07:00:03 AM

Dear friends,
There are so many coins available on the market. I want to invest 1000 USD on cryptocurrency. What do you think I should buy? Thank you!

What is your investment plan? will you go for long term or short term investment? If long term, find a coin that you think that has a potential to grow more in the future, of course you will need to do a deep research for you to be able to decide. For short term I think investing in a cryptocurrency that has a huge trading volume will be good. I won't suggest any coin because investing in cryptocurrency market are speculative investment, you should decide by your own. Investing in an ICO will be good but nowadays it is really hard to find a good project that really can contribute and can really solve something new. Also don't focus on one investment, spread your money.

cryptochr

full member

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I would mainly invest in ETH because I want to participate in many ICOs. I would spend about 300 on another trending altcoin

Oregano012

copper member

Activity: 238

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id split it to 3parts

500 $ to a top 20 ALTCOIN

probably ICON / VENCHAIN / EOS since this 3 might be the one that give higher multiplier i dint choose neo since buying neo with only 500$ will only get you about 10pcs

then 300$ to top 100 on my part i would be putting it on either Matrix ai , ONT , POA , WAN , QASH

then the 200$ left would be on low cap coins for example ( CPC , TRAC , TFD , SHIPCHAIN , BBN , )

pick atleast 5 coins for your 1000$ getting more would hurt your roi later on

kynaz

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Quote from: nickjohnson on April 02, 2018, 07:00:03 AM

Dear friends,
There are so many coins available on the market. I want to invest 1000 USD on cryptocurrency. What do you think I should buy? Thank you!

You can invest in NEO, LTC, ETH as these are the 3 most potent coins at this time and the price at this time is really very cheap and will probably grow again in April. Personally, I still want you to invest in ICO projects as this is an investment that will make you rich quick but it can also cause you to lose all your assets within a day. It is best to consider before investing and should take risks when entering this market

Ivy41

newbie

Activity: 183

Merit: 0

With that kind of huge sum of fiat, I think you have got a huge chance to accumulate so much coins to your portfolio. However, you may have to use your discretion when its comes into investing in any of the available coins now. You even have to consult the help of some experts in this area. I wish you the very best of luck investing. Cheers Buddy!

tak rogi

member

Activity: 364

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it seems that with that kind of money you may be able to buy litecoins or etherium classik with so much altcoin you have more and if the right time you sell it the more profit you get.

justin86

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Don't buy the ones you hear from people which are talked too much like tron and buy the ones that have really useful technology for this space like OAX, I avoid some projects since though it is good idea but too early for the market.

jmalkovich

sr. member

Activity: 532

Merit: 250

You can split your money into two pieces for long term and short term coins according to your endurance against risk and probability of huge loss of money.

Personally, I keep half of my money in ETH, NEO and VEN, and other part in coins that have small merketcaps.(of course it is risky.)

IloveDigibyte

full member

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POS / PRIMENODES

I would suggest to split it on two half’s and buy Ethereum and NEO. The prices are low now and these two are going to gain value soon in my opinion.

tomahawk9

hero member

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Cats on Mars

Don't put all my eggs in one basket, try to diversify your portfolio, it'll help you minimize the risks of your invesment.
I'd recommend you to invest in BTC and then in some of the popular coins like ETH, XMR, NEO, since they have a high chance of going up in value both in the short-term and long-term. You can also do some research on your own and look for some other not so popular altcoins that show potential for the long run.

Aminmon

member

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I think you can buy some bitcoin.
With bitcoin at a very low price, there is a lot of room to invest in bitcoin.

fatenmo

full member

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I would recommend to buy some Bitcoin and some Ethereum. You could also invest in some of the other trending altcoins and same some for ICO investment.

torry28

legendary

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Quote from: hase0278 on April 02, 2018, 07:31:48 AM

Quote from: nickjohnson on April 02, 2018, 07:00:03 AM

Dear friends,
There are so many coins available on the market. I want to invest 1000 USD on cryptocurrency. What do you think I should buy? Thank you!

Buy top 100 coins in the coinmarketcap today that is on sale(not in a gain). To know if a certain altcoin is lower than it's usual average price or not, refer to the graphs to see the ups and downs of it in the past months. You can also invest those 1000 USD dollars on ICO's as they are very profitable, but very risky as well. Only buy coins from ICO's if you are prepared to take huge risks in order to gain profit.

So you mean OP must diversify his 1000 USD for top 100 coins? $10 investment in each coin? It's very bad idea and he will not profitable anything from it.

Believe me or not, $1000 still too little when you want to invest something ($1000 only for max 2 coins investment). Invest in something you think it has bright future (ETH as example, reason? Because most of ICOs used ETH as their platform)

drawoh14

full member

Activity: 224

Merit: 100

Quote from: nickjohnson on April 02, 2018, 07:00:03 AM

Dear friends,
There are so many coins available on the market. I want to invest 1000 USD on cryptocurrency. What do you think I should buy? Thank you!

Do not invest in the market because it is not safe right now all coins are affected due to bitcoin manipulation. I recommend you to participate in ICOs because there are bonuses but you will have to choose carefully.

sisjow

newbie

Activity: 154

Merit: 0

Quote from: nickjohnson on April 02, 2018, 07:00:03 AM

Dear friends,
There are so many coins available on the market. I want to invest 1000 USD on cryptocurrency. What do you think I should buy? Thank you!

it's a good time to buy some coin for investment because the market is down.
you can buy some top altcoin, but I suggest for buy ethereum, ethereum is the best coin after bitcoin and I see they always grow up every year. Wink

hase0278

hero member

Activity: 882

Merit: 544

Quote from: nickjohnson on April 02, 2018, 07:00:03 AM

Dear friends,
There are so many coins available on the market. I want to invest 1000 USD on cryptocurrency. What do you think I should buy? Thank you!

Buy top 100 coins in the coinmarketcap today that is on sale(not in a gain). To know if a certain altcoin is lower than it's usual average price or not, refer to the graphs to see the ups and downs of it in the past months. You can also invest those 1000 USD dollars on ICO's as they are very profitable, but very risky as well. Only buy coins from ICO's if you are prepared to take huge risks in order to gain profit.

MintCondition

legendary

Activity: 1147

Merit: 1007

Quote from: SuperP on April 02, 2018, 07:25:30 AM

I think you should buy the major currencies and a few altcoins in order to some sort of altcoin brought you a lot of profit and major currencies for a long time investment Wink

I'm interested on what is the definition of major currency for you compares to Altcoin? All cryptocurrencies besides bitcoin is what we called Altcoins since Bitcoin is our major currency here.

Answering the best crypto to purchase by 1000USD. This is a case to case basis what is your preferred type of investment. Long term or short term? If long term then pick the top 10 currency on CMC but if short term then buy on a promising ICO then dump once exchange available.

justine11

member

Activity: 336

Merit: 12

Well if you want to invest on cryptocurrencies you must learn the risks of losing money here and how to deal with it. Because many people were selling their cryptocurrencies just because the price were dropped by a thousand dollars they should know the capabilities of a coin before thinking to selling the coin and also, i suggest that you should split the investments top coins only.

SuperP

sr. member

Activity: 658

Merit: 250

I think you should buy the major currencies and a few altcoins in order to some sort of altcoin brought you a lot of profit and major currencies for a long time investment Wink

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