Post
Topic
Board Beginners & Help
Re: My First Investments
by
coupable
on 16/05/2023, 18:48:01 UTC
I will advise you to Invest all in bitcoin and see the out come within two to three years.


There is no doubt that Bitcoin is the king of the cryptocurrency market.An investment made here can prove to be an excellent investment.The price of Bitcoin is very high compared to other coins in the cryptocurrency market.Investment in Bitcoin also requires a large amount of money due to its high value.In Bitcoin, where the risk of loss is minimal, the rate of profit is also minimal.

An investment of $1000 in Bitcoin is unlikely to yield a good return.Instead, choose a variety of coins among the top and best coins on the market that cost less than a $1.I think investing in small altcoins can be a great decision,but even there, it should be considered that instead of investing in one coin, one should divide his capital in different coins.


Personally, I do not think that $1,000 is a good amount to achieve returns from investing in crypto, unless he has a long breath to wait for a jump in prices to give him a multiplier of thousands of times.  This explains the desire to invest most of the amount in alternative currencies that may provide opportunities in this way.
It would be better to try to invest the amount in other sectors to achieve small benefits in the hope of reaching a good amount capable of achieving good returns.  Of course, investing in Bitcoin is considered the best, since it is a valuable asset.