Post
Topic
Board Speculation (Altcoins)
Re: I have 1000 usd , where to invest ,
by
cunguks
on 01/09/2021, 12:08:31 UTC
That's the problem with investors today. with a small fund of only $ 1000 if they invest in BTC or ETH seems to only benefit a small profit. I think the coin selection has potential but has a low price is the best. if you dare to take risks you can speculate on coins like CAKE but it is risky and must really require accurate analysis if you are on coins like CAKE
Actually $1000 can be placed anywhere as long as it's still in a good basket like popular coins, the issue of price is always a consideration, but if you put money in BTC or ETH, I think you can get a lot of profit even though it won't be as much as on cheap coins.
I'm sure it's not optimal, it's just going to be more convincing.
if I have alternative coins BNB and CAKE. if planning on the long term, we can stake and get more benefits $1k that we put in.
the key is to choose the right momentum to buy in and out of the investment. never think big profits in a short time.