Topic: What should I do with a 1000$ and what would you do? - page 12. (Read 6274 times)
Diversification of your portfolio is always important because it is part of risk and management. If I have $1000, I will divide it in 4 parts and I will buy Ethereum, Bitcoin, XRP and Bitcoin Cash.
1000 dollars is a big money for many people, and you need to know that investing in bitcoins has more chances to be profitable then in alts. You can buy/sell, to say trade, with any coin, but bitcoin still has the biggest chances to bounce back after every drop, and that is more then 2-3% profit.
Investing in btc or eth is not one time deal, you can invest even less money, but at least you will have some btc or eth. That`s a good thing about investing in crypto generally, you can invest any amount of money and you can hold that amount or to try to trade, it can be low as 10 dollars or high as 100k dollars, there are no limitations.
If 1K is big money for the OP, he probably shouldn't be investing in crypto at all, to be honest. But if it's a decent amount to him, btc would be the safest bet.
Otherwise, I like the idea the other poster mentioned, just use it for trading. Which means playing the swings right ... kind of a risk, but if he figures out how to trade, probably the way to make some money. He could just trade in BTC if trading alts seems too risky to him.
My first thought was to put it in to Altcoins, Like
Ethereum
RSR
Theta
EOS
These would be my picks 100% Which coin would you leave out or add to that?
I was also thinking
Of Buying a Masternode and run it on a Vps, but I have 0 experience with that and I was looking for one and joined a few discords, and it was kinda a shitshow.
So I dont know how to look for good ones yet and it's a bigger risk then Altcoins in my opinion from what I have seen.
Does anybody have any experience with running a Masternode and how did that go for you?
A mining rig is probably to expensive, also the powercosts in my country are not that great so not really a option I think.
Create my own T-shirt Company
I know a Artist I could pay for a design or maybe even a collaboration where he could earn a % of the sales from the t-shirts.
Also have the fabric I want and all the idea's ready to go, this would probably be the most work, creating social media's, trying to get in retail stores, create a brand, and a lot more of course!
If you have any other ideas your welcome to add them, and let me know what you would do!
Ethereum
RSR
Theta
EOS
These would be my picks 100% Which coin would you leave out or add to that?
I was also thinking
Of Buying a Masternode and run it on a Vps, but I have 0 experience with that and I was looking for one and joined a few discords, and it was kinda a shitshow.
So I dont know how to look for good ones yet and it's a bigger risk then Altcoins in my opinion from what I have seen.
Does anybody have any experience with running a Masternode and how did that go for you?
A mining rig is probably to expensive, also the powercosts in my country are not that great so not really a option I think.
Create my own T-shirt Company
I know a Artist I could pay for a design or maybe even a collaboration where he could earn a % of the sales from the t-shirts.
Also have the fabric I want and all the idea's ready to go, this would probably be the most work, creating social media's, trying to get in retail stores, create a brand, and a lot more of course!
If you have any other ideas your welcome to add them, and let me know what you would do!
here my suggestions with $1000
use a half from your money wich mean $500 to buy bitcoin and a good altcoin for long term hodl, such as bitcoin and ethereum mate
then use a half for daily trade
It seems to me that in today's market conditions, it is best to buy Ethereum and BNB. Binance coin is very popular at the moment, I think it will see good growth in the near future.
Personally, I would advise investing this $ 1,000 in Ethereum since at the moment Ethereum is in a very favorable situation. And the price for it is not very large and there is an opportunity to invest in this coin. I believe that in the near future Ethereum will bring a very good profit.
Ethereum is my best choice for long time investment planing, we know this is the biggest and larger investors market platform. Even ethereum most number of two in cmc for volume and price so you can investment in eth without any confusion.
I only like the 2 altcoins on your list such as Ethereum and EOS, but why does your mind want to put your money in altcoin? why not invest in Bitcoin? Moreover you have a large capital so I think the first thing you have to do is bitcoin, and the rest is for altcoin.
I think, the best way for me to earn when having a 1000 dollar is to help my colleagues through making my own loan system. In that case, the interest is the currency itself, plus whenever in case that currency's market price spikes, I will surely get some profits, might not be just doubled but a much more compared to just investing cryptocurrency directly using my wallets.
1000 dollars is not a big amount of money. If i had 1000 dollars I think I would probably invest in alts and try got et %2-%3 out of them by buying and selling. With 1k dollars we cannot hodl BTC or ETH or other big assets. We need to find volatile alts that will give us the most profit. So trading in Binance for alts would be the best option.
for now looking for altcoin that can be profitable with a fast time will be difficult, it's better to trade and find some small profits, the most important thing is the stability of these benefits. and I think $1000 is big enough to trade on the market but you must be careful to trade not to run out of your funds and loss 
1000 dollars is not a big amount of money. If i had 1000 dollars I think I would probably invest in alts and try got et %2-%3 out of them by buying and selling. With 1k dollars we cannot hodl BTC or ETH or other big assets. We need to find volatile alts that will give us the most profit. So trading in Binance for alts would be the best option.
1000 dollars is a big money for many people, and you need to know that investing in bitcoins has more chances to be profitable then in alts. You can buy/sell, to say trade, with any coin, but bitcoin still has the biggest chances to bounce back after every drop, and that is more then 2-3% profit.
Investing in btc or eth is not one time deal, you can invest even less money, but at least you will have some btc or eth. That`s a good thing about investing in crypto generally, you can invest any amount of money and you can hold that amount or to try to trade, it can be low as 10 dollars or high as 100k dollars, there are no limitations.
1000 dollars is not a big amount of money. If i had 1000 dollars I think I would probably invest in alts and try got et %2-%3 out of them by buying and selling. With 1k dollars we cannot hodl BTC or ETH or other big assets. We need to find volatile alts that will give us the most profit. So trading in Binance for alts would be the best option.
My first thought was to put it in to Altcoins, Like
Ethereum
RSR
Theta
EOS
These would be my picks 100% Which coin would you leave out or add to that?
I was also thinking
Of Buying a Masternode and run it on a Vps, but I have 0 experience with that and I was looking for one and joined a few discords, and it was kinda a shitshow.
So I dont know how to look for good ones yet and it's a bigger risk then Altcoins in my opinion from what I have seen.
Does anybody have any experience with running a Masternode and how did that go for you?
A mining rig is probably to expensive, also the powercosts in my country are not that great so not really a option I think.
Create my own T-shirt Company
I know a Artist I could pay for a design or maybe even a collaboration where he could earn a % of the sales from the t-shirts.
Also have the fabric I want and all the idea's ready to go, this would probably be the most work, creating social media's, trying to get in retail stores, create a brand, and a lot more of course!
If you have any other ideas your welcome to add them, and let me know what you would do!
Allocation is very important in making strategies and also for risk management. If you can allocate your investment properly, then there is a high chance that you will avoid high loss and you can perform well in your investment. Ethereum
RSR
Theta
EOS
These would be my picks 100% Which coin would you leave out or add to that?
I was also thinking
Of Buying a Masternode and run it on a Vps, but I have 0 experience with that and I was looking for one and joined a few discords, and it was kinda a shitshow.
So I dont know how to look for good ones yet and it's a bigger risk then Altcoins in my opinion from what I have seen.
Does anybody have any experience with running a Masternode and how did that go for you?
A mining rig is probably to expensive, also the powercosts in my country are not that great so not really a option I think.
Create my own T-shirt Company
I know a Artist I could pay for a design or maybe even a collaboration where he could earn a % of the sales from the t-shirts.
Also have the fabric I want and all the idea's ready to go, this would probably be the most work, creating social media's, trying to get in retail stores, create a brand, and a lot more of course!
If you have any other ideas your welcome to add them, and let me know what you would do!
My opinion needs to be divided between Bitcoin and the same Ethereum, but most of it I would have assigned to Bitcoin, somewhere 80% to 20%. Since now there is a correction from the fall.
Bitcoin is not the only cryptocurrency you can earn on. On the contrary, many experts are convinced that investments in altcoins may be more promising. Ethereum can be safely called the most sought after coin after Bitcoin. There are two main reasons. It is extremely popular with application developers, and it has perhaps the most impressive team of employees and supporters. At present
time is actively going on the process of solving the issue of cryptocurrency scaling.
it doesn't hurt when someone has full trust in bitcoin because bitcoin still has the potential to reach the next ATH, investing in bitcoin and sharing it to invest in several altcoins will also be promising as long as you can choose the right altcoins for the long term
that's right, it all depends on the principle and full trust in the investment we will make, bitcoin is indeed one type of potential coin to be used as a long-term investment, but if we can share it with other potential altcoin types of course the investment we make will more varied and can be beneficial
If $ 1,000 isn't big money for you, I suggest you take risks and look at low marketcap projects. A good project and a hard-working team, no matter how small, will not make you poor... However you can save money very very well.
I suggest behave according to the situation. However the passivity of altcoins lately shows us that we should divide more money to BTC. Indeed altcoins have gone down more in the last drop and this could be an opportunity. Therefore diversify the money according to the trade tactic. In addition you can participate IEOs in big exhanges, which are often profitable. 
If $ 1,000 isn't big money for you, I suggest you take risks and look at low marketcap projects. A good project and a hard-working team, no matter how small, will not make you poor... However you can save money very very well.
If I were you, I would buy Bitcoin for at least 50% of the funds and splitted the other half between top altcoins like Ethereum, Binance Coin and Ontology.
I also would like to do this because now a day only Bitcoin is at top people have long term trust on bitcoin. I like ETH as it also have potential to increase in price and give us profitable investment. Right now if I spare even 1000$ I keep it safe to buy bitcoin in future, it has low price with good market value and hope of bright future.
when you have that much trading capital or savings, I will use it to invest in cryptocurrency like buying bitcoin partially and buying altcoin too, but the percentage amount is bitcoin, 75% for bitcoin and 25% for altcoin.
My opinion needs to be divided between Bitcoin and the same Ethereum, but most of it I would have assigned to Bitcoin, somewhere 80% to 20%. Since now there is a correction from the fall.
Bitcoin is not the only cryptocurrency you can earn on. On the contrary, many experts are convinced that investments in altcoins may be more promising. Ethereum can be safely called the most sought after coin after Bitcoin. There are two main reasons. It is extremely popular with application developers, and it has perhaps the most impressive team of employees and supporters. At present
time is actively going on the process of solving the issue of cryptocurrency scaling.
it doesn't hurt when someone has full trust in bitcoin because bitcoin still has the potential to reach the next ATH, investing in bitcoin and sharing it to invest in several altcoins will also be promising as long as you can choose the right altcoins for the long term
Instead of investing all to the single coin I prefer to diversify my holdings in order to get more rewards in the future if the alt season go to hit the crypto market. Putting all money to the single coin is ot smart investing strategy and losing all amounts will cost more in case of not catching the falling prices which moves faster than blink of an eye.
You should invest your $1,000 into Bitcoin. After a few years, your BTC will be worth much more and you may even make it to the Moon.
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