$1000 to invest? Brick or Basket?

in #money7 years ago

So you've got a 1000 bucks laying around and you're thinking about investing it instead of buying a new graphics card. Congrats, consider yourself a rare breed of human being.
1000 bucks may not seem like a lot to invest into Bitcoin. To be real with you, it definitely isn't a significant amount to invest into bitcoin.
However, that same 1000 bucks invested into a basket of promising alt coins can be the difference between you driving that new lambo or driving a Vespa scooter around town.

So, let's take a look.....

Me personally, I'd say an ideal portfolio would mostly be comprised of large cap coins like BTC , ETH, LTC, XRP. Probably in that specific order as well.
(Xrp could be a game changer in the future)
As for the other Alts, it wouldn't hurt to have a big basket of them.

You could question my logic all you want, but when you're broke like me the basket of altcoins seems mighty attractive because you can rack up coins for cheap.
But let's be real, btc and eth is conservative af if you're just looking for guaranteed returns in the next few years.
I say conservative assuming we are excluding anything stock market related, lol.
But IMHO, the. Bugatti money is in altcoins. Just have the patience of a turtle and you'll be good.

Lots of alts to keep an eye on :

XRP
PAY
SC
GNT
STRAT
SNT
WGR

XRP and WGR being my fave

Sort:  

I like the list. I'm starting from the bottom so I've opted to put all of my $1000 into promising altcoins. Following the market volatility has worn me out this past months so instead I chose to purschase a few hundred dollars worth in 8 solid coins and then shut down the computer for the weekend (other than an occasional peek ...from Fear of Missing Out:) My list is CVC, SC, BTS, XMR, NEM, Lumen, NEO, STRAT.

Will you give me your opinion on WGR? And why you think it has potential? I don't know much about it.

I put WGR on the last of the list because while I myself am not the gambling type, You have to accept that the gambling industry is huge and at .07 per WGR you really can't go wrong with this speculative investment.
I myself will be jumping on the WGR platform as soon as I get paid, lol.
I'm investing partly for the sake of speculative investment, and also to place my own Wager on May Weather kicking McGregor's teeth in ( quite an illegal move , lol)

So if you're looking to invest into WGR remember:

They have an awesome name / branding

They have a working platform

Tons of people in the crypto world , with the exception of myself, already use it!

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