Post
Topic
Board Altcoin Discussion
Re: How to invest my $1.5K?
by
ashler
on 22/12/2019, 23:51:12 UTC
i have got around $1500 to invest in coins which coins do you guys suggest to invest in for quick money ? a year ago I have invested in STRAT and Sia and I lost big amounts and regret investing in those coins.

I'm thinking of investing $1k into BTC as its low risk but I would like to risk the the other $500 with a coin that I can make quick money with it

first of all read this topic, it provides a good strategy to accumulate bitcoin considering the volatility of this market. the idea is not to hold forever, but to sell a fraction of your holdings every time the value of the coin doubles e.g. if you have 1 BTC and the value goes from 7K (the price you initially bought) to 14K then you will sell 0.10 BTC. When the value goes to 21K then you will sell 10% of 0.90 BTC and so on:

https://bitcointalk.org/index.php?topic=345065.0