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Topic: What should I do with a 1000$ and what would you do? - page 2. (Read 6228 times)

member
Activity: 1022
Merit: 10
with possession of funds of $1000 pupils might have with different choice following priors with customs on ideal preference as the use with analytical and evaluation comes with the initials on pupils to attains with possession of distinct of basic with ideal science on domination.
legendary
Activity: 2212
Merit: 1008
I always take caution when talking about crypto investment opportunities, so you can check out expert recommendations.
However numerous specialists are persuaded that investments in altcoins might be additionally encouraging. Ethereum can be securely called the most searched after coin after Bitcoin. There are two principle reasons. It is incredibly well known with application designers, and it has maybe the most noteworthy group of workers and allies.

A thousand USD is a rather small sum in a crypto world, but if a beginner invests it, it is enough for a good start. I would propose to invest 70% of it (700 USD) to Bitcoin, and the rest 30% can be spread for buying promising altcoins. For instance, Binance and Chainlink can be chosen.
hero member
Activity: 2912
Merit: 629
Its been a year since op posted this. I wonder what could be his decision on what to do with his $1000.

If its me I will invest in top coins, diversify it and wait until the value skyrocket. On the other side, If I chose to build a business and use the money then I will choose a phone accessories because its indemand nowadays. T-shirt business is good but you need to establish your business first to become known to your customers.
full member
Activity: 1750
Merit: 118
owning t shirt company sounds more better than investing a crypto but the capital of 1k usd cant be enough but you can start small like owning a store on third party shopping sites or social media market places . if you save enough money that can be your start of processing your own company .

 eventually once it all settled you can then invest on crypto . eth and eos are the coins that im more familiar with in your list , your free to remove the other and replace it with the coins that you see being recomended the most by other users . good luck in your huge journey bruh
full member
Activity: 304
Merit: 100
My first thought was to put it in to Altcoins
Which coin would you leave out or add to that?
Those you've mentioned are worth investing in as long as you believe they're good. You can clearly see they're not dying, so its up to you.
My personal choices are ETH, Swipe, Origin, Uniswap.

A mining rig is probably to expensive, also the powercosts in my country are not that great so not really a option I think.
Yeah this one is available for people who already bought every piece of equipment needed, but even for them it won't last forever - sooner or later bigger mining farms will take over the market completely.
There is no point investing in mining rig at the time we're discussing it.

Create my own T-shirt Company
Not a crypto related topic, but anyway here are my thoughts and observations:
This is a HIGHLY competitive market and I bet there are a lot of entrepreneurs that know how to do it better than you.
Tons of shitty products being produced monthly and I don't imply your will be same, but chances are if you decide to choose this path it will be a long-long investment, perhaps you'll have to invest in it even more to boost margin and profits at some point before you get any profits whatsoever.
member
Activity: 523
Merit: 10
YOUC - https://www.youengine.io/
If i have $1000, i would buy top coins like bitcoin and other coins, and list it on uniswap exchange.
This is to provide liquidity in uniswap, and we can get profit from providing liquidity on the exchange.
Im sure the profit will be higher than we just holding the coin without doing anything.
hero member
Activity: 2170
Merit: 528
Nowadays, there are a lot of good altcoins and the prices are falling. With $ 1000, I think a good allocation is Bitcoin by 60% and the rest is for coins in the top 50 coinmarketcaps. Coins like WRX or HBAR are currently in a good trend and I think with great liquidity, can be a profitable investment choice

Never do this!

Don't spread your investment over the top coins by market cap. This is financial suicide and only people who have no idea what they're doing will recommend it.

Most coins are overvalued and top 20 market cap coins are no exception. I'm not even going to start about top 50.

First of all get some BTC and I'd recommend 50%. Then choose one or 2 altcoins you believe in after reading everything about them. Say you like ETH, or you like Cardano, I'm not going to shill for any of them but at least people stand behind those coins. Stay away from worthless crap like BSV.
sr. member
Activity: 1596
Merit: 264
Maybe you can put all your money on investment. Like ETH or BTC. Its a good choice & i think it can give you profit. But if you want suggestion outside crypto space stock market is also good. Another one is buying food or drink franchise.
Buy a pizza like that's trend back in the days here, huh.   Smiley
There's nothing else that I would love to throw my $1000 at but to almost investing in those topper coins you mentioned, other than it, I don't think there's that much to buy.
Others would be for my day trading, but I ain't day trading for now.
hero member
Activity: 1834
Merit: 523
If you are here in crypto world you must choose investing to cryptocurrency because it is great opportunity for you to earn money.
But better if you have backup business too so that incase your losing money to other once you have other that can help you to recover.
That amount of money is good for start investing to different altcoins and possible to become 5 to 6 digit maybe after few years.
member
Activity: 476
Merit: 12
1000 dollars in cryptocurrency?
Spend 50% on BTC, 15% on ETH, and the rest on whatever altcoin you want. As the market goes up, you'll notice that it's possible that the rest except for BTC and ETH could increase in value a lot faster.
Of course, while the market goes up extremely strongly, similar to 2017, altcoins have grown much faster than bitcoin, but to do that Bitcoin needs to grow first.
1000 $ you can choose daily trading to make a stable profit but be careful with derivative trading.
full member
Activity: 1568
Merit: 100
COMBONetwork
Well I suggest you to stick on hodling ethereum and EOS altcoins because I have a very strong confidence that they can increase your profits and earning if you will stick on that two well-known altcoins. Also, we know that capabilities of this cryptos that it can really double or even triple your earnings in just a short period of time.
These two coins are very potential, moreover they both have very well-known partners,
Google cloud joins EOS, and this can make a impact in the future, if you have $ 1000 or $ 5000,
buy EOS for investment, I am sure you will have a chance to have 100% ROI, good luck
legendary
Activity: 2100
Merit: 1340
I hope you are reading this OP, so many comments here already and I hope this comment of mine gets to you, my advice is to hold your money if you haven't make a purchase of any coins yet, hold on to when market bleeds, remember when bitcoin goes down to 3600$ around feb-march of this year? That's the type of opportunity you should seek, wait for when bitcoin becomes dirty cheap

The advice is very good. If you want to invest your 1000 dollars, then just wait and this time while you wait, study the coins and watch a few of them. But the best thing is, of course, to wait for the market failure, as it happened in March. Many may say that it takes a long time to wait, but to analyze the history of price movements, we will see that it has always been like this, every time there was a failure in the market and then you can buy bitcoin.
legendary
Activity: 1540
Merit: 1002
I hope you are reading this OP, so many comments here already and I hope this comment of mine gets to you, my advice is to hold your money if you haven't make a purchase of any coins yet, hold on to when market bleeds, remember when bitcoin goes down to 3600$ around feb-march of this year? That's the type of opportunity you should seek, wait for when bitcoin becomes dirty cheap
Nice insight! but when btc will come to that level of price again? maybe next 2 years? still that's nice tips. i think you can try to googling and do some research with very good project that backed by super member (known in this space) and iam sure your money will be worth to invest. the most important things is to do some research and arrange the strategy
member
Activity: 224
Merit: 10
Bounty Detective
Well I suggest you to stick on hodling ethereum and EOS altcoins because I have a very strong confidence that they can increase your profits and earning if you will stick on that two well-known altcoins. Also, we know that capabilities of this cryptos that it can really double or even triple your earnings in just a short period of time.
member
Activity: 574
Merit: 24
I hope you are reading this OP, so many comments here already and I hope this comment of mine gets to you, my advice is to hold your money if you haven't make a purchase of any coins yet, hold on to when market bleeds, remember when bitcoin goes down to 3600$ around feb-march of this year? That's the type of opportunity you should seek, wait for when bitcoin becomes dirty cheap
member
Activity: 879
Merit: 10
Binance #Smart World Global Token
$100,000 is such a urge money, personally, I won't put all my eggs in just one basket. I will divide the money into three equal parts. And invest it properly. The first part, is going to be invested in the likes of Bitcoin and other altcoins. The second part will go into forex trading, cause it less than a month, the whole money invested can be doubled. And the last part will be invested into my local business, to make it more big and bring more cash flow. It is always good to work smart. And I will be to reinvest the profits made from these investment again again.
member
Activity: 243
Merit: 10
Personally, if i were you, i would invest my money in top cryptocurrency. Like bitcoin, which will give you more money, and trade it. And the rest i think i would invest them in other potential coins like ethereum.
member
Activity: 431
Merit: 18
I always take caution when talking about crypto investment opportunities, so you can check out expert recommendations.
However numerous specialists are persuaded that investments in altcoins might be additionally encouraging. Ethereum can be securely called the most searched after coin after Bitcoin. There are two principle reasons. It is incredibly well known with application designers, and it has maybe the most noteworthy group of workers and allies.
jr. member
Activity: 344
Merit: 1
At this current time you won't want to make any Investment because it will turn you to a bag holder for a long time especially with some fast dipping alts. Alot of good coins to buy and hold but currently usdt is King. .
You cannot make a profit by holding USDT. Perhaps you feel that the market will plunge hard again? No, I do not think it's going to happen. Even if there will be a downtrend, it might not be a serious one before there would be a recovery. Trading if done with care might be the best idea.
full member
Activity: 753
Merit: 100
www.licx.io
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!
 

if I have $ 1000 to invest in cryptocurency then I will choose Ethereum and EOS.. because both have the best platforms in the world cryptocurency which is often used by many cryptocurency users.. so there is a big possibility we can get huge profits from both EOS and ETH coins ... especially now the prices of both are declining, so this is the right time for us to invest in Ethereum and EOS ... and I am sure in the future we will enjoy the results
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