Hey,
Looking to get some ideas from people so let me begin by explaining my situation:
- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.
How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?
It is better you invest the $1000 into those strong coins that have do very well but now are down. If you seriously want to makes money you need to take serious risk as without risk it is very difficult to make it in life.
If you can take a look with all the coins project around then you can speculate and pick the coins that you think that will takeover after this bearish moment, we can't direct to any specific coins but with the help of your own assessment you choose between those coins who already exist and
place your money within a good entry position.
Picking those who are already in the top list can give some good breathing when the green market start you be strong again.