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+--- Thread: 500$ to invest (/showthread.php?tid=6194788)
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500$ to invest - eSp0rt - Feb 23, 2022
Hi , i have 500 dollar to invest in crypto , my question is : should i go all in BTC/ETH
Do you think LTC is a good investment too?
My crypto bag already contains :
BTC
ETH
LTC
ADA
FTM
Thanks
RE: 500$ to invest - Truth - Feb 23, 2022
What is your end goal?
if its 100x, btc and eth is not the play
But long term, ill only do Bitcoin
RE: 500$ to invest - SIM-4802730 - Feb 23, 2022
If you dont own gala, you might give it a try. ( not investment advice )
RE: 500$ to invest - Meloncholy - Feb 23, 2022
(Feb 23, 2022 02:54 AM)gacek Wrote: If you dont own gala, you might give it a try. ( not investment advice )
Is in a down trend atm...
RE: 500$ to invest - SIM-4802730 - Feb 23, 2022
(Feb 23, 2022 04:07 AM)Meloncholy Wrote: Is in a down trend atm...
Means its good buytime.
RE: 500$ to invest - Meloncholy - Feb 23, 2022
(Feb 23, 2022 04:13 AM)gacek Wrote: Means its good buytime.
I read the project...
Mh...
RE: 500$ to invest - eSp0rt - Feb 23, 2022
(Feb 23, 2022 02:35 AM)Truth Wrote: What is your end goal?Im looking for a long term investment i dont really like shit coin like doge or shiba etc..
if its 100x, btc and eth is not the play
But long term, ill only do Bitcoin
But i like LTC 😃
RE: 500$ to invest - Meloncholy - Feb 23, 2022
(Feb 23, 2022 04:40 AM)eSp0rt Wrote: Im looking for a long term investment i dont really like shit coin like doge or shiba etc..
But i like LTC 😃
If is a long invstment just put those 500$ in BTC and bye, finish of the story.
RE: 500$ to invest - SIM-2501407 - Feb 23, 2022
I own LTC, I use LTC, but i don’t have LTC for investment purposes. Given the history of LTC, i don’t think it’s going anywhere; still has silver-like consensus. I don’t think it’s a ‘bad’ investment, but i do think for risk vs reward, you should just stick with BTC or ETH.
If you want to get into long term, riskier plays with your $500, i would highly recommend looking into layer2 solutions.
https://hackforums.net/showthread.php?tid=6163358
Pinned thread on those^
Layer 2s is where I’m personally invested in outside of ETH (I hold practically no BTC tbh -I am an Etheriest for life). Personally, i am invested into Cartesi and Loopring... those are my hold on for dear lifers. Giving it years to pick up mass adoption.
Edit: Regarding OP, you don’t have to go all in on anything. Diversification is smart. Open up the horizon.
RE: 500$ to invest - eSp0rt - Feb 23, 2022
Thanks everyone i think ill go with btc and eth
RE: 500$ to invest - Omniscient - Feb 23, 2022
(Feb 23, 2022 02:35 AM)Truth Wrote: What is your end goal?
if its 100x, btc and eth is not the play
But long term, ill only do Bitcoin
100x then BTC is the only play.
https://hackforums.net/showthread.php?tid=6194410
I would do a $300 BTC and $100 ETH and $100 LTC buy with that.
RE: 500$ to invest - xVulnerable - Feb 23, 2022
Haven't you heard the old saying? Buy BTC, Hold and STFU.
RE: 500$ to invest - Truth - Feb 23, 2022
(Feb 23, 2022 10:49 AM)Omniscient Wrote: 100x then BTC is the only play.Â
https://hackforums.net/showthread.php?tid=6194410
I would do a $300 BTC and $100 ETH and $100 LTC buy with that.
for btc specifically to 100x, the marketcap would be nearly 100 trillion. that is like 10x the marketcap of gold. I dont know anything that is near a $100 trillion marketcap.
Its possible but the money needed would be insane. Or hyper-inflation would need to kick in.
way easier 100x gambles imo
BCH and BSV would be my choices personally for a 100x. Both are PoW directly competing for Bitcoin Hash and as stated in the Bitcoin whitepaper, the longest chain is Bitcoin so there is still like a less than 1% chance BCH or BSV overtakes BTC chain and technically becomes Bitcoin. At least according to the Bitcoin whitepaper as I understand it.
Anyways, the great thing about Bitcoin and crypto, is it goes so fast that we will all see it play out in our lifetime. I like Bitcoin more than anything. So if it goes 100x I'll be happy.
RE: 500$ to invest - Omniscient - Feb 23, 2022
(Feb 23, 2022 01:15 PM)Truth Wrote: for btc specifically to 100x, the marketcap would be nearly 100 trillion. that is like 10x the marketcap of gold. I dont know anything that is near a $100 trillion marketcap.
Its possible but the money needed would be insane. Or hyper-inflation would need to kick in.
And yet it will happen. btw, 100x from today price is about $70T. That's very realistic within 5 years. Doubt it all you want, it's gonna happen just as surely as Bitcoin hit $10k and will hit $100k and will hit $1m.
You want a guaranteed 100x return within a reasonable length of investment time? Then you buy Bitcoin.
RE: 500$ to invest - eSp0rt - Feb 23, 2022
I will go for 300$ btc and 200$ ETH I don't take risks. Im here for long term investment so im not in rush to make profit