[dtube] How I Would Invest $1000 in Cryptocurrencies Today

louisthomas (75) in cryptocurrency • 7 years ago (edited)

Dcjconsult says "I recently got into crypto (and I'm sure I'm not alone). Maybe a good video is what to do if you are starting with $1000, $10,000 or more?"

DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.

▶️ DTube
▶️ IPFS

cryptocurrency ethereum bitcoin investing dtube

7 years ago by louisthomas (75)

$37.86

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!

Sort Order:

Trending

[-]

octavianfeodot (52) · 7 years ago

It depends on the people's vision and purpose with the money they invest. There are diferent aproaches:

going high risk high reward in ICOs ( 100-200$ / each ICO ) after you're doing good analysis of the ICOs - I know people who are in crypto and just invest in ICOs and they re doing quite well
going for altcoins which lesser risk and lesser reward than ICOs but still can be profitable. Hunting down projects that are already on the markets but didn't launch their projects yet like Nebulas or didn't hit any well known exchange
as @louisthomas said giving most of the income on the top - stable titans like Bitcoin or Ethereum but this is questionable

Louis, don't you think Ethereum is more stable and can have high chances of flipping bitcoin and claiming #1 for the first time? I would really want to know your opinion. Btw, nice short, on point video!

$1.24

2 votes

[-]

edwinbeutti (64) · 7 years ago

Louis thanks for sharing the advice, I will take that in consideration, I am about to make my very first investment soon :)

$0.72

3 votes

[-]

yogalight (34) · 7 years ago

Yes, I agree that BTC and ETH both are safer investments choices when compared to most altcoins. Theres just one thing, not all altcoins are created equal. I feel that there are many other altcoins that are just as stable if not more so than BTC and ETH. We are certainly in a time of change and will see what happens in this next year to come. This is certainly a good entry point for BTC but if you look at the trend it's looking very BEARISH. I would definitely put NEO on the board next to BTC and ETH. NEO has huge potential and it's staking system brings about much more stability compared to most or all other cryptocurrency. I do believe it is the only token that allows for "cold staking" providing a great incentive to HODL. HODLING = Market Stability.

$0.71

2 votes

[-]

faizan-ashraf (64) · 7 years ago

Great decision. People encourage to take high risks for high profit but I, like you, follow and encourage others to take the calculated risk with what you have. Few of my friends advised the same to invest in alt coins by saying that it has potential and all those stuff but your method is logical. Thank you so much for your sincere advise and surely I'm gonna follow this.

$0.70

2 votes

[-]

qaisrani (29) · 7 years ago

I am deeply thankful to you for this,i was planning to make an investment and it has really helped me achieve final desc ion. May God bless you.

$0.70

3 votes

[-]

leftbank (67) · 7 years ago

Thanks for sharing! Insightful as always. Could you discuss steem?

$0.56

1 vote

[-]

atmosblack (63) · 7 years ago

That´s easy! I would invest it into STEEM and EOS. ...and I would do the same with 10k or 100k too! 😉

$0.39

1 vote

[-]

revlution (32) · 7 years ago

Make sure to always do extensive research on every cryptocurrency you intend to invest in. Read through the white paper, look for a legitimate team, and make sure that coin or token is working to resolve a real-world issue. I found steem and cardano before they were in the top 80 because of research and was able to purchase cardano at about 8 cents per coin. Now it is expected to be in the top 3 by the end of the year.

$0.00

1 vote

[-]

toddcast (48) · 7 years ago

HODL!!!!!

$0.00

1 vote

[-]

qaisrani (29) · 7 years ago

Really appreciate your effort..

$0.00

1 vote

[-]

joshvel (60) · 7 years ago

You are good in your advice, newbies in the cryptocurrencies like me will benefit from them...thank you sir Louis .

$0.00

1 vote

[-]

presidentslabber (49) · 7 years ago (edited)

@louisthomas Look into uTrust, AppCoin, AirSwap, and Vibe all amazing projects!!

$0.00

1 vote

[-]

edwinbeutti (64) · 7 years ago

Can´t wait to hear out the video bud :)
Louis, what do you think about Bitshares?

$0.00

[-]

entertainment123 (42) · 7 years ago

the investment in cryptocurrency can be very productive, for now step, I do not have for now to invest.

$0.00

[-]

usmangabol (39) · 7 years ago

Good analysis.

$0.00

[-]

ronnie0780 (25) · 7 years ago

Thanks alot for sharing this so very informative content with all of us.
May god bless you :)

$0.00

[-]

dizzyjay (56) · 7 years ago

333$ steem 333$ eth 333$ doge 1$ btc

$0.00

[-]

biggordo (39) · 7 years ago

Another great video... It's great looking back and seeing the changes in the market from now back to 12 months ago!

$0.00

[-]

khudgabbar (21) · 7 years ago

LTC has also greta potential all major wallet and coinbase has it with BTC and ETH

$0.00

[-]

kevaton (48) · 7 years ago (edited)

The crypto crash is an opportunity for foresighted investors to get on board.
The BUY NOW button is GREEN.

$0.00

[-]

jtruth (41) · 7 years ago

For me I'm ready to invest in the best. Thank for the info

$0.00

[-]

radkraut (25) · 7 years ago

That sounds very reasonable thanks!

$0.00

[-]

pinesresumehelp (56) · 7 years ago

Good sound advice. One person's opinion and the market is changing by the minute but is maybe LTC a better play because ETH seems like it's on a bit of a bubble? You almost have to assume ETH will join the pack here soon. But I could be wrong and ETH will 2x this month haha.

$0.00

[-]

pinesresumehelp (56) · 7 years ago

Wait, on 2nd thought, put it all on Steem! haha (Kidding!)

$0.00

[-]

faridk (44) · 7 years ago (edited)

Good advice I think BTC and ETH are not only safer they have a clear advantage over the rest of the ALT coins. I would also add NEO not only because it has performed well during the crash but because if held in the right wallet it can generate an income ( GAS ) .After that buy some alt coins but it would be wise to do some research on them before purchasing. rather than just buying the ones that are being pumped.