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Want to invest 10k USD in cryptocurrency - Please guide me

Discussion in 'CryptoCurrency' started by fulcanelli, May 1, 2017.

  1. fulcanelli

    fulcanelli Jr. VIP Jr. VIP

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    As the title says, need to invest 10k USD in the crypto currency. Please guide me in which currency should i invest? BTC, ETH, XRP etc?

    Which is the best place to buy the coins of that quantity?
     
  2. kittykut

    kittykut Jr. VIP Jr. VIP

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    buy bitcoin

    wait
     
  3. Debian

    Debian BANNED BANNED Jr. VIP Premium Member

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    First off, you sound a little green concerning crypto currencies. Do you have experience with these types of currencies?
     
  4. fulcanelli

    fulcanelli Jr. VIP Jr. VIP

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    I have a bit experience in BTC. Since I hear ETH is the future so not sure which route to go.
     
  5. Debian

    Debian BANNED BANNED Jr. VIP Premium Member

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    BTC is still the top dog and will be for a while to come yet.
     
  6. fulcanelli

    fulcanelli Jr. VIP Jr. VIP

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    Is it the right time to invest? I see cryptocurrency is at the peak all time.

    Also I'll re consider investing in BTC, there are some new crypto currencies with promising future and I want to invest in those.
     
  7. ePrime

    ePrime Jr. VIP Jr. VIP

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    Do NOT invest if you have no knowledge about crypto currencies.

    Only invest what you can afford to lose because you can lose whole capital in a day.

    Don't listen to the people, nobody can predict crypto market.
     
  8. javabro

    javabro Power Member

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    Monero
     
  9. fulcanelli

    fulcanelli Jr. VIP Jr. VIP

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    I am investing a safe amount here so even if I lose I wont lose a sweat.
     
  10. 55trillion

    55trillion Junior Member

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    If you want to Invest 10K then its better to Invest in forex and day trade
     
  11. LukaB

    LukaB Jr. VIP Jr. VIP

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    No offence but this is a stupid idea. Forex & day-trade are very risky and the probability of OP losing all his money on it is very high, just ike every newbie trader.

    I've invested in both BTC & ETH and it's proven worthwhile, and will continue to buy more. Both BTC & ETH should grow nicely so I think either is fine. Digital currencies are slowly becoming more and more popular and will be hitting mainstream within 2 years imho.

    I think there might be a crash with ETH soon, which is what I'm waiting for before buying a lot more. I've no idea if there will be a crash, it's just that it's been growing real fast.


    Invest in it, and don't worry about ups / downs... lots of those happened with BTC and look at where it is now.


    Luka
     
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  12. fulcanelli

    fulcanelli Jr. VIP Jr. VIP

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    Thanks for your response. I am considering either ETH or LTC. BTC is going crazy and my hunch says that it is going to crash soon.
     
  13. LukaB

    LukaB Jr. VIP Jr. VIP

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    BTC should reach $2,000 by the end of the year and up to $10,000 by 2020 (according to KIm Dotcom).
    It wouldn't surprise me if ETH reaches a few hundred bucks by the end of this year (meaning larger ROI).

    I've more money into ETH than I do on BTC. I'm no Crypto expert but it's been going well for me, if I were you I would invest in ETH as there's probably going to be a larger ROI on it and apparently ETH is backed up by some large companies and is way more convenient than BTC.

    I'll be investing more soon and it will be in ETH. But again, realize that this probably still is risky waters and crashes will happen but should go upwards in the long-run as it has in the past few years.

    Thanks
    Luka
     
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  14. Billy_Batts

    Billy_Batts Elite Member

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    You want to invest 10k in something you have no knowledge of... Seems real smart.
     
  15. shawondas0

    shawondas0 Junior Member

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    You can buy Proven money sites "Amazon Niche" Is a passive way to making money. If you have no idea about DEEP SEO and AMAZON NICHE You can hire a virtual assistance for regular monitoring and updates on that site with deep knowledge. It will not cost you more than $500/month to get an expert with proper knowledge in this section.

    The proven money sites can be found on
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    Good Luck. Feel free to ask any question for clearance.
    Thanks
     
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  16. hiimanshu

    hiimanshu BANNED BANNED Jr. VIP Premium Member

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    Altcoins can be hugely profitable (15% roi a month) if used correctly.

    I think you are stupid for investing in this because you are asking what to invest in. But if you are going to, ETH, RAD, SYS & STRAT are a few things to keep an eye on.
     
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  17. freqee

    freqee Regular Member

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    Eth is where I would put that money. However, it jumped recently so I would wait for a pull back if you wanted to turn a short term profit. If you are in it for the long game, you could buy now.

    But I suspect it will pullback to $60 or less with 2 weeks. Then I would buy.

    But Eth has the hottest news surrounding it, and crypto moves on NEWS, nothing else. Don't even bother studying it on a technical basis. It moves on news.

    Side note: I'm currently mining eth classic and selling it to buy regular ether. If electricity is cheap by you, you can double your money doing this.
     
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  18. wkm1001

    wkm1001 Jr. VIP Jr. VIP

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    BTC Of course this is the safest crypt
     
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  19. AneaKr

    AneaKr Jr. VIP Jr. VIP

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    I have been seeing 10-20% return on exchange trading BTC and other stable alts. I do feel like the exponential increase in market cap is about to lead to a crash. So I've been playing it safe lately. I do feel that BTC is still the top dog, as someone else said, and since it's still over 60% of the whole crypto market the money isn't going to leave just yet.

    Crypto is literally built out of thin air, not much differently than fiat digital currency, and like that it can crash whenever it wants. It's a dangerous game and I wouldn't ever feel safe with more than a few thousand bucks in it.
     
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  20. fulcanelli

    fulcanelli Jr. VIP Jr. VIP

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    Long term is my plan. I am watching the market right now and as far as I can see there is around 3-4% increase in the alt coins each day.

    Learn by doing, thats what I believe in. If you are not willing to risk something in the present time, you are not going to land anywhere in future.

    Thanks for the input.

    Thanks for your insight.