Post
Topic
Board Economics
Re: £500 to spend, on Ether or Bitcoin?
by
radjie
on 03/06/2018, 02:12:31 UTC
Hi All,

I have just over £500 to spend and I'm not sure where I should be investing this.

Do I buy a small fraction of a bitcoin or buy 2 ethers?

What would you do?

I'm looking for some long term investment.

Also, i'm hoping to contribute £100 per month towards either one but not sure which direction I should be taking.


Many Thanks

£500 is already a decent amount to invest on bitcoin and if that is the capital you have then i prefer that you should place it on bitcoins because the market price of bitcoins is so much faster to grow and you will earn more profit as well.
that's right man.bitcoin volaility bigger thatn other cryptocurrency.and it can be our opportunity to take some  profit from them.but we have also considered about risk involved.
both types of coins have excellent potential to serve as long-term investments. investing in bitcoin will be far more profitable if it can be a long-term investment, but on the other hand we should consider the risks to be faced before deciding to invest in cryptocurrency.