Topic: What should I do with a 1000$ and what would you do? - page 4. (Read 6274 times)
1000 usd in a low marketcap coin like BRAP would make you a millionaire if the price went to just .0001 usd. A lot of people got rich even in the bear market by investing in low marketcap coins.
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?
Add, Litecoins or XLM (Stellar) Ethereum
RSR
Theta
EOS
These would be my picks 100% Which coin would you leave out or add to that?
Sorry im not familiar in RSR and Theta
Quote
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!
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 you have zero experience in running a masternode i think you need to learn this first,
In minining $1000 investment are not enough to set up mining and this is not worth investing especially if you are in country that electricity are expensive.
If I have $ 1000 for crypto then I allocate it to BTC all because investing in holding BTC is much safer compared to altcoin, but I think why don't we buy land far from the city if in my country with that much money and buy land at that time the village can make one house and if we develop land assets with plants then it can double the benefits to be gained.
For that amount of money for sure it will be a small land that you can purchased and it will take some time for you to earned if you are going to invest with that kind of investment. While if you will plan well and study crypto for the best benefits you can sort those potential projects which can provide you good gains in a much shorter time. With just 1000$ it's better to buy bitcoin, will definitely favour you if you are into trading or just buy bitcoin when it's low and sell when it's high but if you are not good in trading you can just buy and hold, there is a chance of huge growths in few months
I also would suggest you buy some Bitcoin with it as now day price is really good we can get profit by investing our money in bitcoins it’s profit worthy of holding longer. It’s our own choice if we use this for trading or investing for the long term but I think the best thing is investing your all money in bitcoin is a safe investment.
Nothing is promised in crypto so Try not to mistake business for investments,if you will contribute your cash on cryptos it is somewhat something optional salary for you if the market is doing acceptable yet you need something essential and yield for your difficult work then you can go for that cafe business.
In my opinion, it all depends on whether someone wants to invest long-term, or counts on quick earnings.
In fact, $1000 is not an astronomical amount when it comes to investments, so I wouldn't diversify it much. I think that for a long-term investment I would choose 3 or 4 coins. Definitely BTC, ETH and LTC. As the fourth, I would probably choose a coin that has been on the market for a long time, but is less known, but has great potential, for example Syscoin or Electroneum. ..Or maybe both of them.
I think with $1000 you should choose new projects because that is the fastest way to make a profit but not always successful because a lot of scam projects are appearing everywhere. In fact, $1000 is not an astronomical amount when it comes to investments, so I wouldn't diversify it much. I think that for a long-term investment I would choose 3 or 4 coins. Definitely BTC, ETH and LTC. As the fourth, I would probably choose a coin that has been on the market for a long time, but is less known, but has great potential, for example Syscoin or Electroneum. ..Or maybe both of them.
In my opinion, you should use that money to join IEO or invest in some altcoins such as Toko, Top, Matic, Raven because these are highly appreciated coins and you can completely make a profit if lucky.
The next bull run is going to take Bitcoin dominance to 75%-80% level and this makes investing in any altcoin a risky proposition. After being stable for a while, the dominance has started to increased again. During the past 24-hours, it has increased from 68.3% to 69.1%.. If the Bitcoin exchange rates rise further in the coming months (which looks very likely, thanks for the upcoming block reward halving), we can expect the market share of altcoins to go down gradually.
Under this circumstances, I would not recommend investing in any cryptocurrency other than Bitcoin.
Under this circumstances, I would not recommend investing in any cryptocurrency other than Bitcoin.
i invest half for altcoins for i think this profit is good and more details i check for the token thats high history and the half i will invest small for convinience store to more income
If I have $ 1000 for crypto then I allocate it to BTC all because investing in holding BTC is much safer compared to altcoin, but I think why don't we buy land far from the city if in my country with that much money and buy land at that time the village can make one house and if we develop land assets with plants then it can double the benefits to be gained.
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?
your choices are already good mate, so you should stick with that. although i'm not that sure about RSR because i have never heard about that until now, so would suggest to just change that to something else like ripple or any other coins.Ethereum
RSR
Theta
EOS
These would be my picks 100% Which coin would you leave out or add to that?
~snipped~
i would not suggest you to invest on mining rig as you have already said that your electricity bill sucks and it would not give you any profit if you do that, so would just forget about that investment. 
In my opinion, it all depends on whether someone wants to invest long-term, or counts on quick earnings.
In fact, $1000 is not an astronomical amount when it comes to investments, so I wouldn't diversify it much. I think that for a long-term investment I would choose 3 or 4 coins. Definitely BTC, ETH and LTC. As the fourth, I would probably choose a coin that has been on the market for a long time, but is less known, but has great potential, for example Syscoin or Electroneum. ..Or maybe both of them.
In fact, $1000 is not an astronomical amount when it comes to investments, so I wouldn't diversify it much. I think that for a long-term investment I would choose 3 or 4 coins. Definitely BTC, ETH and LTC. As the fourth, I would probably choose a coin that has been on the market for a long time, but is less known, but has great potential, for example Syscoin or Electroneum. ..Or maybe both of them.
I have spare money amounting to $1000 allotted for investing in crypto only, I would just choose these coins/altcoins such as Bitcoin, Ethereum, XRP and BNB, then I will always sell at high and buy again at low, I won't wait for long for it to double the price, but will continue and repeatedly do this so that I can maximize my fund.
I suggest you not to buy masternode because it is very risky and many of them will throw away instantly so it's better if you want to start in crypto then invest your money in 80% bitcoin and 20% ethereum
If I do not need the money asap, I will probably put it on the investment like bitcoin or some other coins out there. But if I am going to need it, I am going to split the 1000$ into 60% - 40%. The 40% goes to the investment and the 60% will be the money that I will use for emergency purposes like medicine or any other medical needs.
I think the choice you gave is a very smart method because by dividing capital for short-term and long-term trading it can provide a lot of profit and certainly will minimize losses because at every price movement of bitcoin and atlcoin you can get profits. 
If I do not need the money asap, I will probably put it on the investment like bitcoin or some other coins out there. But if I am going to need it, I am going to split the 1000$ into 60% - 40%. The 40% goes to the investment and the 60% will be the money that I will use for emergency purposes like medicine or any other medical needs.
Personally, I believe that investing in cryptocurrency is a very profitable investment. And at the moment, I think you can invest in any coin, since all coins are promising. Personally, I believe that you need to invest in Ethereum, since this coin is very promising and is always in demand in the cryptocurrency market.
With just 1000$ it's better to buy bitcoin, will definitely favour you if you are into trading or just buy bitcoin when it's low and sell when it's high but if you are not good in trading you can just buy and hold, there is a chance of huge growths in few months
1000 dollar isn't a big figure, but i would still split the money into some coins. I would invest the Bitcoin with 500 dollar. And with the remaining 500 dollar, i buy EOS, ETH and BNB at a certain rate.
I don’t even know how good such diversification will be. Alternative coins rise in price much more slowly than bitcoin, and fall much faster.
Therefore, I prefer the division of 80 into 20, where 80% is bitcoin, and only 20% I would divide between various projects with potential in the future.
Moreover, their potential should extend to the technical areas of the future.
Update on what I have chosen to do.
Thanks for all the replies and advice, I chose to buy 100€ RSR and 100€ Theta Token.
It was a while ago already and many altcoins have been going down since then. Rsr was even down 50% of the 100€.
Theta however has been very stable tbh in the time I have that Token, to my suprise it only went down about 25€ and is already back up in the last few days.
I am happy I didnt spend all my money yet on crypto at the time because most Altcoins have been dropping indeed.
Still not sure to do with the rest of the money and im thinking of what to do it has always been a dream of me to open my on business.
So having my own clothing line starting with tshirts would be ideal but very hard to do.
Thanks for all the replies and advice, I chose to buy 100€ RSR and 100€ Theta Token.
It was a while ago already and many altcoins have been going down since then. Rsr was even down 50% of the 100€.
Theta however has been very stable tbh in the time I have that Token, to my suprise it only went down about 25€ and is already back up in the last few days.
I am happy I didnt spend all my money yet on crypto at the time because most Altcoins have been dropping indeed.
Still not sure to do with the rest of the money and im thinking of what to do it has always been a dream of me to open my on business.
So having my own clothing line starting with tshirts would be ideal but very hard to do.
1000 dollar isn't a big figure, but i would still split the money into some coins. I would invest the Bitcoin with 500 dollar. And with the remaining 500 dollar, i buy EOS, ETH and BNB at a certain rate.
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