It is good OP has basic knowledge in cryptocurrency investment. $1K can turn out to become something huge and at the same time, something lesser than that in crypto investment. Hence, it is very good to be cautious with the type of cryptocurrency one chooses to invest in. In situations where the investor lacks the expertise to research into new coins on the market, the investors is always encouraged to invest in the large cap coins like BTC, BNB, ETH etc because these coins are already established on the market.
The market is not stable, so all investments now are really risky if you choose to invest right now. I think we need to have a specific plan to make good profits during this time because I believe this year is not good for investment. Everyone has their own plans and you should invest more in Bitcoin because this is the safest investment I know and the risk may be much lower than the coins you have listed. 
Topic: What should I do with a 1000$ and what would you do? - page 15. (Read 6230 times)
It is good OP has basic knowledge in cryptocurrency investment. $1K can turn out to become something huge and at the same time, something lesser than that in crypto investment. Hence, it is very good to be cautious with the type of cryptocurrency one chooses to invest in. In situations where the investor lacks the expertise to research into new coins on the market, the investors is always encouraged to invest in the large cap coins like BTC, BNB, ETH etc because these coins are already established on the market.
If I had $ 1000 right now, I would spend all that money and buy BNB. BNB is a good altcoin and its current price is too cheap
My suggestion is that you should invest in
1. Ethereum is currently the best altcoin after Bitcoin and Ethereum is also on the rise
2. XRP is also not a wrong choice because it is also being appreciated many times since it came out
3. Finally, Bitcoin is the most popular cryptocurrency today and after a bear market has dropped significantly and is showing signs of active recovery.
I see many people investing in XRP because of the achievements this project has made. But the fact that it makes you lose if you keep it from the beginning of the year until now, while BTC is more than 100% profitable, ETH is still profitable though less. 1. Ethereum is currently the best altcoin after Bitcoin and Ethereum is also on the rise
2. XRP is also not a wrong choice because it is also being appreciated many times since it came out
3. Finally, Bitcoin is the most popular cryptocurrency today and after a bear market has dropped significantly and is showing signs of active recovery.
My suggestion is that you should invest in
1. Ethereum is currently the best altcoin after Bitcoin and Ethereum is also on the rise
2. XRP is also not a wrong choice because it is also being appreciated many times since it came out
3. Finally, Bitcoin is the most popular cryptocurrency today and after a bear market has dropped significantly and is showing signs of active recovery.
1. Ethereum is currently the best altcoin after Bitcoin and Ethereum is also on the rise
2. XRP is also not a wrong choice because it is also being appreciated many times since it came out
3. Finally, Bitcoin is the most popular cryptocurrency today and after a bear market has dropped significantly and is showing signs of active recovery.
my suggestion would be buy bitcoin and maybe trade with it. trading is risky, but brings the most profit if you do everything right. either way i would prefer bitcoin to most altcoins.
If till now you haven't made up your mind, I think this is the right time to do so, the market is experience a decline in price, btc especially, the whole market is in the red now, you good buy a good amount of alts or btc with that money, in my opinion I would put 50% on btc and 50% on 2 - 3 alts to diversify.
Blockchain technology has make life easier and faster, with a help of these great platform forum has been passing a good information update, hence i prefer investing into Bitcoin more, base on the current make, is more encourage for a future time.
If I had $1000 I would invest 40% of that amount in BTC and divide the remaining 60% among various alt-coins of which I am most confident about.
Generally speaking, it is not a bad amount for investing, of course, l would prefer to invest 40% maybe 50% of this amount in BTC and moreover with 60% of this money l would choose top altcoins, they can be ETH, BNB indeed for longterm they have more chance to reach the previous maximum aka ATH prices. l would really like to say that, it is worthwhile to invest again with the compound interest form the crypto portfolio. l don't find it enough for mining, this amount will be better for investing or day trading instead of mining.
bitcoin and almost all cryptocurrency are going down so its a good time to buy and invest on crypto if i have $1000 i will use it to buy bitcoin ethereum litecoin and xrp after that i will wait until the price go up simple and easy right
If you really are interested in investing in crypto, then I would suggest doing it in BTC only, for now as it is the only most profitable coin right now unlike others who are bleeding for recovery. The other coins, I would suggest will be ETH because, despite the recent downfall of ETH, it still has a lot of potential for growth.
Bitcoin is currently getting cheaper by the minute. Maybe it's time you buy Bitcoin and maybe sell before the halving event in May 2020. Heck, you can even buy Ethereum which is also crashing at the moment.
Is investment really necessary for you? Then don't feel hesitate to invest in Bitcoin. But you may wait a little more time, because BTC price may fall more down! Altcoins are not perfect choice to invest right now, but if you really want, then buy BCH, BNB, QNT coins!
why was your first thought with altcoin?
I think that's the best choice for the second option. if I have a capital budget of $ 1000, the first thought I will do is invest in bitcoin (50%) & I will use the rest with BNB, ETH and PPT.
I think that's the best choice for the second option. if I have a capital budget of $ 1000, the first thought I will do is invest in bitcoin (50%) & I will use the rest with BNB, ETH and PPT.
Honestly, If I had 1000$ right now, I would cash them out. You should only invest what you can lose, don't invest your savings. Crypto market movements are not healthy enough. But if you invest now, then buy Bitcoin, Ethereum or NEO and try to stake your holding coins.
if thats all money you've got. go for a real business like what you said tshirt printing.
crypto is very volatile and it is down trend as of now. but if you really want to invest on crypto. i suggest just invest on bitcoin.
crypto is very volatile and it is down trend as of now. but if you really want to invest on crypto. i suggest just invest on bitcoin.
The safest invesment is always Bitcoin in cryptocurrencies market. We all are agree with that. But first we need to learn profit / risk expectation. So how much of this money can you risk?
If Bitcoin reaches 100K, you'll make 10x. This is possible. But there are some cryptocurrencies that you can easily make 100x. And, of course, the same rate of risk.
So the decision of the investor. What do you want? You must answer this question first.
That's a good choice to pick on alts to invest with 1000$ good thing that you have knowledge to when it comes to investing altcoins but if i were you just include bitcoin to it since the halving is almost coming and it is expected the price boost when the halving happened anyway it's your choice that you can only decide.
What will i do if i have 1000$? I will invest it to 50% to bitcoin and 50% to ethereum why? because i want to buy bitcoin before the halving happen in 2020 and also, the reason why 50% on ethereum is because the price doesn't move very often in ethereum so, have some stability when the price of bitcoin suddenly drops.
What will i do if i have 1000$? I will invest it to 50% to bitcoin and 50% to ethereum why? because i want to buy bitcoin before the halving happen in 2020 and also, the reason why 50% on ethereum is because the price doesn't move very often in ethereum so, have some stability when the price of bitcoin suddenly drops.
if thats all money you've got. go for a real business like what you said tshirt printing.
crypto is very volatile and it is down trend as of now. but if you really want to invest on crypto. i suggest just invest on bitcoin.
crypto is very volatile and it is down trend as of now. but if you really want to invest on crypto. i suggest just invest on bitcoin.
These would be my picks 100% Which coin would you leave out or add to that?
first I would invest at least 50% in bitcoin. the rest I would divide as follows: 20% ETH, 20% Tezos + 5% each in a privacy coin of your choice.
but these are only my thoughts and how you decide you have to think for yourself.
I would not rush to invest all my possible deposit in cryptocurrency. Until the season of altcoins has come, there is almost no difference between them.
They fall and grow almost synchronously, with the rare exception of the growth of individual coins, which is not so easy to predict.
The market this year always has big fluctuations, so it is definitely difficult to make profits, so I will decide to keep $1,000 to wait for the next phase of this market. In addition, if you want to be safe, you should only hold 50% Bitcoin because this is the most valuable coin in this market and if there is a big price fluctuation, you will not lose too much money. I think the market will stabilize soon by 2022 and we have the right to hope for a new futureThey fall and grow almost synchronously, with the rare exception of the growth of individual coins, which is not so easy to predict.
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