Investing $500 in Crypto currencies

[ahmedo24]

Crypto Currency Investment is quite lucrative online Investment now if one is informed about how to go about because the gains could come in a very short time.
In your experience or opinion if you have $500 now considering the state of most coins in the market, how many coins will you invest on and in what ratio?

 

[Dowenship]

Well probably I will invest all the $500 assuming I was given and purposely to invest into it. But if have $500 from my sweat. I mean u worked for it. Then don't ever think I will invest all. I can invest100 out of it, and use the remaining to strength the business that fetched me the money. So that it can give me more.

 

[Chumzy]

Investing 500 dollars is a good way to enter the crypto market. Although it won't buy you so many coins if you are looking for high value coins. It can get you alt coins in larger quantities but you surely need bitcoin.

 

[Nurudeen]

If I currently have up to 500 dollars to invest in crypto currency exchange Business the best thing I will do is just to use 300 dollars to buy Ethereum and use the rest of the funds to buy ripple and litecoin. These coin are the next big coin after Bitcoin and they've done well in the last one year

 

[Alexandoy]

Even if I have that amount of money I don't think I have the guts to invest it all in crypto currency. As a newbie until now I have my hesitation in investing and trading in crypto currency because I still lack complete knowledge. No one can give me a good answer how the crypto currency is produced and what is controlling it. If ever crypto currency is regulated by the government then maybe I will invest more than $500 if the trading is fair enough.

 

[Ralphjoe]

With $500, I will invest $100 in Bitcoin, $50 on Dogecoin, $200 on Ethereum, $50 on Litcoin and finally I would invest the remaining $100 on Bitcoin cash. You can see from my investment preference how much I value each coin right now and the potentials each coin has to rise in price.

 

[Shivay]

If i would be that side then i would be spending my amount like this -
Litecoin - 100$
Etherium - 100$ ( when price goes down)
Bitcoin - 100$
Binance - 20$
Yearn.finance - 30$
Dogecoin - 50$ .And rest 100$ dollars in my savings account because i never spend all the money in Investment.

 

[Blue house]

Well if I have that huge amount of money I don't think I can invest into crypto currencies because I'm still new to it.
If you don't know about it very well the best things to do is to calm down and learn it from the professionals.
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Well if I have that huge amount of money I don't think I can invest into crypto currencies because I'm still new to it.
If you don't know about it very well the best things to do is to calm down and learn it from the professionals.

 

[Ehizzy1]

If i want to invest $500 in crypto currency , i would first split my investment into different coins like bit co in, ethereum and chain link , i wont just invest everything on only one coin ,because i know the danger involved in doing so actually and need to be smart in doing different trades i think ,so i would first do that actually

 

[Usama Iqbal]

I think it will be very risky decision to invest $500 in crptyo currency. It is not good idea because investment in every business is risk. So I think if someone wants to invest his money in crptyo currency he should he do not invest his all money in one crptyo currency he should invest in two or three crptyo currencies . From this he can make their money profitable.

 

[Kamon c4]

I believe $500 is a substantial amount that will generate high profit of invested properly. My cryptocurrency targets are bitcoin, litecoin, ethereum, BNB and dodgecoin. I’ll invest $150 on bitcoin, $100 investment on ethereum, $50 investment on dodgecoin, $100 investment on litecoin, $50 investment on BNB and I’ll use the remaining $50 to buy a stable coin probably USDT

 

[Caali]

If your a risk taker then invest it..So before making a decision about an investment, it’s really crucial to learn about the process, types of currencies, which are the benefits and the possible risks.

 

[Taimoor Jutt]

If i could have this amout $500 i would invest in three four coins crypto currencies like BTC,ETH, LTC XRP, even in Dogecoin for some amount too. I will invest in BTC for half of amout like $250 , $100 in ETH, and so portion of rest of money into others.

 

[Nomad]

The key to earn from cryptos is diversify your investment. You need to invest in bitcoin, ethereum and couple of more crypto currencies. You can also try doge

 

[GIFTMICHAEL]

$500 is whole lots of money for investment around Cryptocurrency. If i hold such amount of money I'll gently invest it on coins like dogecoin, BNB, and SHIB etc.

 

[tyrim88]

If i want to invest $500 in crypto currency , i would first split my investment into different coins like bit co in, ethereum and chain link , i wont just invest everything on only one coin ,because i know the danger involved in doing so actually and need to be smart in doing different trades i think ,so i would first do that actually

But sometmes it is very instructive to actually do a due deligent research on the ideal cryptocurency you intend to invest in,as some cryptocurency coin are low in price does not make them viable for investment.

 

[Jsoliu004]

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[Hena101]

When i have such to invest i will invest $200 in bitcoin, $200 in ethereum and $100 in ADA coin so that i will avoid putting all my eggs in one basket.

 

[Josemendez]

If I have these set of coins , I will surely be investing in coins that have good use cases and are backed by strong projects like Polkadot , Carson , matic ( polygon ) and Ethereum . I will divide the $500 equally among these five coins and I will go ahead to either stake them or provide Liquidity with them .

 

[Senator]

A five hundred dollars investment in cryptocurrency is a good start I must say. You only need to know how you want to go about investing it and at what appropriate time you'll be investing it to make the best of it