Post
Topic
Board Marketplace
Re: $1000 to spare each month, how would you invest it?
by
yvesp110
on 24/03/2019, 15:45:28 UTC
- 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.

You have not a loss because you only left it (meaning you haven't sold it), and your optimism about the price recovery it seems worthy of imitation especially by those new users in particular.

- I then stopped investing early this year.

Maybe you are fixated on the declining market price, so you feel that the current market conditions it's feared will disappoint you later, I think your actions are quite wise because since then market prices have continued to decline to the end of 2018.

- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).

I think this strategy can be said to be effective because the crypto price traded at that time's a very low price. Don't be afraid to lose because your chances of success will come to you.

I am not worry at all and I am not afraid because I can make assumption about the future right with help of history, I know history tells us future of our investment is really good, safe and our money will not lose at the end, I prefer investing in bitcoin if I have 1000 dollars, it is the most promising coin which is here in market since long.