What is a good amount to invest? - page 35.

HaroldConway

newbie

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Quote from: JPNM8 on March 19, 2018, 02:55:42 PM

What is a good amount to start with when investing into crypto?

I see lots of posts about “I have $100 / $200, what should I buy” and most of the time the answers are with that amount just invest in an ICO etc etc.

I would be interested to know what people here consider a good starting amount to invest...and I know the basics of not investing more than you can afford to loose but for arguements sake, what’s a good number to start with?

I’m not so much interested from a whale perspective of investing like $500k or $1mill, more so the normal everyday average joe male/female investor who wants to dabble in the crypto market. Would it be $1k, $2k, $5k, $10k, $20k etc? People new to the game or interested to start investing in this space may find this useful so they know a rough number which would be a good starting point before turning that into riches (the obvious dream).

For reference I initially started with about $3k (it’s not loads but it was a start) and over time I’ve added more and more (it gets addicting) into the pot as and when I have the money to spend and when the time seems good to buy.

I think it depends on you how much your money, invest in the altcoins. So I think you have tried these altcoins DASH, ETH & NEO. At this moment it's a price very huge if you invest in these coins now I hope it's will bring you a good profit.

ps

member

Activity: 154

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There is no such minimum amount. If you are investing any amount is fine. If you wanna trade, you’ll need more than a $1000 to make some good profits. For better results and profits invest in Ethereum.

Ethereum is the best cryptocurrency right now with amazing technology which supports the tech industry, basically this means Ethereum will never come to an end.

ourepts

full member

Activity: 288

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I think a good amount of investing is 40% of the money we have. So I can get more profit. But to start it, it is good to consider first. Because the price changes can quickly go down and can quickly rise.

EricJones

newbie

Activity: 156

Merit: 0

A good amount to invest is the amount of money that you can afford to lose which you know that you will not have any use for especially if the bear market ends up lasting for a couple of years at a time. There is no minimum amount that you can invest, as long as it is not money that you will be needing in the near future then it is good to invest.

ChrisFour

newbie

Activity: 79

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This is really relative to the individual person's finances.

A solid place to start is 10% of your yearly earnings. Every month put 10% away to invest in a new crypto you find interesting, this way if the market is low you have a great opportunity to buy, if the market is high you hold that 10% for the next dip.

Pushing yourself to invest a given number (like $10k) could lead to unneeded stress, most people can't invest too much because they can't afford to lose it, so go at it at your own pace. Start off small and analyze the market, once you get a feel for what's a good buy in price hold off until you see it. Eventually you'll learn to do a kind of slow day-trade, like a weekly or monthly trade, that teaches you gradually. Do this for a couple of years and suddenly you'll have better and better returns.

Slow and steady wins the race (until you strike gold with an ICO and buy that lambo).

ask

legendary

Activity: 1386

Merit: 1004

investing in crypto must be done with the money which you will afford to lose them all.
This is the main rule of crypto investing. If you have enough money to put in trash than invest them in crypto.
If market goes green you will win big. And if market goes red you will not be sad.

BrindHexta

newbie

Activity: 69

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No matter how much you invest, it's important where. You can even make $ 100,000 with $ 10 per year, there are a lot of such examples.

asd12.123162

newbie

Activity: 92

Merit: 0

That was really depends on you because in investing you should have right amount and that would be on your budget. If you want to invest, just try a little amount first.

harrycalik

newbie

Activity: 98

Merit: 0

If you are still a beginner, it is better if you start small. The bigger the investment, the bigger the profit. But remember not to invest all balls in one place. Try differens strategies. Invest some in new alt some in top some in perspective some in ICO.

nikay12

member

Activity: 230

Merit: 10

As far as I know there was no required amount of money that you need to invest. Any amount that you can will be all worth it in the near future.

JustQueen

member

Activity: 238

Merit: 10

In my own opinion. If you really planned to invest and you want your money to become big in the future you better invest big amount of money and you'll see yourself that it is going to be worth it.

Hopeliza

member

Activity: 216

Merit: 10

I think it depends on you how much do you like to invest because it doesn't matter how much you invest as long as you have enough budget for that.

albertgrill

newbie

Activity: 54

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I started investing from 100 bucks.Then began to increase the amount and now already a very good amount in the Cryptocurrency

boraf

full member

Activity: 315

Merit: 103

I think all amount of money are worth to invest, so it is better so start as earlier as you can. First of all, you learn how to invest. Secondly, you can use leverages. And thirdly, risky markets like crypto give you not a percent, but Xs profits and make your funds grow.

kwusu

newbie

Activity: 73

Merit: 0

Investment does not matter the amount of money you have but one thing we should bear in mind is that the higher the amount you invest the higher your profit but it all depends on how fast the coin grows or rises and how good the coin is. At times some coins are very bad and scam so if you invest huge some of money you may lose too. Someone may invest a small amount of money in a certain coin but gain a huge profit.

hasemase

newbie

Activity: 33

Merit: 0

I would say 10% of your total cash / funds / etfs you have are good to invest in crypto

maiden

member

Activity: 457

Merit: 11

Chainjoes.com

Depends on how much profit you want to invest, you can invest large amount but try to diversify it in many projects so that theres no chance to have a big loss.

Sandeepmanwall

newbie

Activity: 196

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If you invest small amounts in a variety of inexpensive coins, if you want more, then look for something more promising in development and use, such as Ethereum.

Sandeepmanwall

newbie

Activity: 196

Merit: 0

I think that every person in different ways. Invest as much as it is not a pity to lose. If you think that this amount is insignificant, then study the projects and take part in the bounty companies.

nadezda@

member

Activity: 392

Merit: 28

You need to invest as much as you are not afraid to lose, investments are not always successful and it must be remembered!

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