What is a simple advice to turn $100 into $100,000 investing in crypto in 2020? Below are the Tips for investing $100: ETFs Less common investments Stocks Education: investing in yourself Investing $100 techniques 1. Investing $100 in ETFs ETFs are exchange-traded funds, also known as index funds, that allow you to take a broad investment in many shares at once. They are useful ways to invest in the market without needing to pick good stocks: ETFs just follow a selected index (like the entire S&P 500) in a single share.Another ETF, Vanguard’s best-performing ETF over the last 10 years in the US stock market ETF list is MGK, at a cost of $180 now. That’s more than $100, but gives you an idea of what $100 or thereabouts can get you. 2.$100 in less common investments: Peer-to-peer lending, cryptocurrency (tread carefully) This is a platform that lets you get started with only a small investment like $100 being lent out to someone that needs a loan.Peer-to-peer (P2P) lending is risky: people go broke all the time! That puts your $100 at more risk than keeping it in the bank, without any doubt. But you do get access to higher-yields than bank interest at a cost of around 1% or so. Not all P2P lenders let you get started with $100 3. Investing $100 in stock Maybe you want to buy a single stock. While ETFs are like stocks, maybe you want to be a stock picker and buy stock in your direct choice Now, you can buy cheaper stocks like, say, Starbucks for $8 a share, but again, if you really want to buy a share that costs more than your budget, there are ways to do so. You can buy expensive shares using fractional shares. 4.Education: investing in yourself Now we come down to a bigger idea: investing that $100 into yourself. Books and resources that provide you with learning opportunities and help you avoid common mistakes will help.Get yourself a pair of headphones to listen to regular finance and money podcasts to boost your understanding. There are free Resources here are the list Subreddits,Books,Podcasts,Apps 5.
💥💥💥Can you share a personal experience of losing money in a cryptocurrency scam and the lessons you learned from it?💥💥
I got involved in a crypto scam and lost near $200k. Basically it was a relationship scam. I was promised gains if I converted my USDT and did Nodal trading. We did make some profits which got me really excited, unknowingly it was to pull me into the rabbit hole more. Then when I tried to transfer some of my profits to my bank, my account was frozen and they said I was under suspicion of doing money laundering, which was all a lie by the broker to tax me for more money, i was so stupid to fall into their traps step by step until i lost over 200k of my money including money i deposited for investment plans. It’s really sickening, people will stoop so low in scamming someone that is trying to earn more and make ends meet. I kept going back and forth with them although i still had my doubts so i came online to try and do a little research and i was able to find learn about lycan retrieve from someone going through the same issues i was having. Long story short, i contacted lycan and they told me the broker was playing a fast one on me and they promised they will get my funds back. I provided them with what they did and they didn’t fail me as they made my dreams come through which is to get my money back which i thought i lost.
Exploring Stablecoins: 💥💥USDT vs. USDC💥💥 Stablecoins provide stability in the often volatile cryptocurrency market, and two leading options are USDT (Tether) and USDC (USD Coin). While both are pegged to the U.S. dollar, they differ in issuance, reserves, transparency, regulatory compliance, and use cases. Here’s a comparison:
1. Issuing OrganizationsUSDT: Launched in 2014 by Tether Limited, USDT is one of the earliest stablecoins, widely used across global exchanges.USDC: Created in 2018 by Circle in partnership with Coinbase under the Centre Consortium, USDC benefits from strong institutional backing, appealing to businesses and institutions.2. Backing and ReservesUSDT: Claims 1:1 backing but reserves include various assets (e.g., commercial papers, loans), sparking transparency concerns.USDC: Fully backed by U.S. dollars or short-term U.S. Treasury securities, with independent third-party audits verifying reserves.3. Transparency and VerificationUSDT: Criticized for incomplete public audits. While Tether provides reserve reviews, the lack of full transparency raises questions.USDC: Circle’s publicly available audits ensure strict 1:1 backing, offering a higher standard of transparency.4. Regulatory ApproachUSDT: Operates in a less regulated environment, giving flexibility but inviting global regulatory scrutiny.USDC: Complies with U.S. regulations, making it a secure choice for institutions focused on regulatory certainty and risk mitigation.5. Liquidity and Market PresenceUSDT: Dominates liquidity and trading volume, ideal for traders needing quick access to stable assets.USDC: Though less liquid, USDC’s popularity is growing, particularly in DeFi and institutional markets.6. Use Cases and Trust FactorsUSDT: Preferred for high liquidity and fast transactions, especially by traders.USDC: Favored by businesses, institutions, and DeFi users for its transparency, security, and adherence to regulations.Summary: Which Stablecoin is Right for You?Choose USDT if you prioritize liquidity, trading volume, and fast transactions.
How much profit will you gain if you invest $50 in
? You can’t specifically decide that this is the particular amount of profit you will acquire by investing in Bitcoin. This is because the price of bitcoin increases and decreases per time such as the forex market. Let me give a simple illustration: If you invest $50 into BTC while the price of 1BTC is $9500 then after 5days of your investment the price of 1BTC has now increased to $9600, your profit will be this; $9600-$9500/$9500 X 100 = 1.05% increase $50 X 1.05/100 = $0.525 So your profit after 5days is $0.525. The larger your investment, the larger your profit and vice versa. Hope this was helpful!
How can I turn $400 into nearly $20,000 in just 10 minutes trading cryptocurrency?
Unfortunately, I cannot advise you on any methods to turn $400 into nearly $20,000 in just 10 minutes trading cryptocurrency, or any other financial instrument for that matter. Such a rapid and significant increase in value is highly unlikely and carries extreme risks of financial loss. Here's why: Cryptocurrency markets are notoriously volatile: Prices can fluctuate dramatically in short periods, making it nearly impossible to predict guaranteed profits in such a timeframe.High returns often come with high risks: Any investment promising quick and substantial gains should be approached with extreme caution, as it likely signifies a speculative or risky venture.Get-rich-quick schemes are rarely successful: If there were an easy way to make significant profits quickly and consistently, everyone would be doing it. Be wary of any strategies that sound too good to be true. Instead of seeking high-risk, short-term gains, consider these alternatives: Invest for the long term: Focus on a well-diversified portfolio with investments aligned with your financial goals and risk tolerance.Educate yourself: Gain a thorough understanding of cryptocurrency markets and responsible trading practices before investing.Start small and gradually increase your investment: Begin with a smaller amount you can afford to lose and gradually increase your investment as you gain experience and comfort.Seek professional advice: Consult with a qualified financial advisor for personalized guidance based on your financial situation and goals. Remember, responsible investing involves careful planning, research, and understanding the inherent risks involved. Never invest money you cannot afford to lose, and avoid pursuing risky strategies based on the hope of quick and unrealistic returns.
What is a simple advice to turn $100 into $100,000 investing in crypto in 2020? 100 x 1000 = 100,000 Thats a big ride. If you are taking that train, for goodness sakes scrape together $1000 towards $1,000,000 :D In the relative short term,needs to be something a lot of people already hold strong beliefs. Only BTC fits that bill right now. And there are many smatrt / innovtive financial investors who are on board. A few are predicting 10,000 x 100 = 1,000,000 by 12 / 31 / 21. On to 1000? 100x moves should be transformational. Best. $BTC
Looking to spot a coin that might pump in the next 15-60 minutes? This quick, efficient strategy is ideal for spot trading and scalping. Step 1: Selecting a Coin Open Binance and visit the Markets section.Divide your funds into three equal portions.Set the chart to a 1-hour timeframe and sort coins by Top Gainers.Focus on the top gainer and switch to a 5-minute chart to check the trend.If the price is falling after a peak, skip the coin.If it has risen 3-5% in the last hour and shows upward movement, consider it.If the first coin doesn’t fit, move to the next one. Step 2: Investing Wisely Buy using the first portion of funds.If the price falls by 2%, buy with the second portion.If it drops another 2%, use the third portion.Exit the trade at breakeven if the price doesn’t rise. For gains, target 3-5% T.P. Pro Tips Consistency is key: Stick to the plan.Out of every 10 trades, expect 5-7 profitable ones and a few breakeven trades.With discipline and analysis, you can boost trading success. Take charge and apply this strategy today for better results!
How would you invest/spread 🤑$1000 💵💵in cryptocurrency?
(I'm not a financial advisor, this is just how I would handle things if I could go back in time to when I first started out, and things I learned that I wish people would tell me. But hey. I'm here for you guys :) I often get asked for general advice on crypto. And how to spend your first 1000 dollars into it. (or any amount, really.) Personally, I like to do a 50:30:20 split. Let me explain what this means. 50 percent goes to a (relatively) stable coin. Either bitcoin or Ethereum. These two are at the top, and will be less likely to crash badly in case of a bad market / market crash. Personally, I'd go with ETH because it has more likelihood of a higher percentage annual increase in value. 30 percent goes to relatively high stability altcoins. Think Solana, Cardano, Polkadot and Chainlink. These may tank in value more in case the market crashes, but can also gain a lot more value over a market cycle than BTC or ETH. 20 percent goes into smaller market cap altcoins. I am not recommending putting money into Elon cum shib moon rocket, but rather projects like Harmony ONE, ROSE, VET, GRT etc... These. coins are still relatively cheap and have the HIGHEST potential of relative annual increase in percentage value. But the caveat is that it can also tank significantly if the markets crash. And always remember, stake your tokens. It's a no brainer; free crypto with high rates of returns if you're gonna hold your tokens anyway? Yes please. Exchanges like Binance offer particularly good rates, along with Gemini. I avoid Coinbase because of a ludicrous 25 percent fee and high fees in general. Some general tips for you guys: Always dollar cost average : what does this mean? At a basic level, make sure you invest small amounts into projects periodically. Ie; maybe put in $100 into ETH once a month. This adds up over time, and you accumulate ETH whilst taking the edge off any potential losses.
How can I turn 💥 $100 into $10,000 💥 with cryptocurrency trading/investment?
Great to see you diving into the exciting world of crypto. Turning 100 into 10k is an ambitious goal, but with the right strategy and a dash of patience, it's absolutely possible. Here's my two cents:
First off, diversification is your best friend. Instead of putting all your eggs in one crypto basket, spread your investment across a few promising projects. Research the market, stay updated on industry trends, and consider a mix of established cryptocurrencies and promising newcomers. Remember, the key is balance – don't go all-in on one coin, but don't spread yourself too thin either. Secondly, timing is crucial. Crypto markets can be volatile, and prices can swing wildly. Keep a keen eye on market trends, use technical analysis tools, and consider factors like upcoming events or partnerships that might impact a coin's value. Patience is key; it's not about making quick gains but rather making informed decisions. Oh, and never underestimate the power of long-term hodling – some of the best success stories come from those who weathered the market storms. Now, let me share a bit of my crypto journey. A few years back, I started with a modest investment in Bitcoin. Instead of chasing the latest hyped coins, I focused on understanding the technology behind each project. I diversified my portfolio, including some altcoins with solid use cases. It wasn't an overnight success, but over time, my 10k turned into a substantial profit. Why settle for 10k when the Crypto Profit Kit can propel you to 100k and beyond? Check Agatha Trades to embark on your journey to crypto prosperity. Your fortune awaits – seize it! Remember, it's not about the rush; it's about navigating the crypto rollercoaster with a clear strategy. Good luck on your crypto adventure!
If you're eager to find coins that might pump within the next 15 minutes to 1 hour, this strategy can guide you effectively. It’s optimized for spot trading and works well for scalping (quick trades). To maximize your chances of success, follow these steps diligently. Skipping any part of the process may lead to losses.
Step 1: Identify the Right CoinOpen Binance and go to the Markets section.Split your total investment into three equal parts for risk management.Set the market to a 1-hour time frame and sort coins by Top Gainers using the dropdown menu.Analyze the top gainer:Switch to a 5-minute time frame to assess the trend.Skip coins if the price is declining after a high.If the price has risen by 3-5% in the last hour, it may be a promising candidate.If the top coin doesn’t meet these criteria, repeat the process with the second-highest gainer.
Step 2: Plan Your InvestmentOnce you pick a coin:Use the first part of your funds to buy.If the price drops by 2%, use the second part to buy more.If it drops another 2%, invest the third part.Exit the trade at your average entry point if the price doesn’t rise.For coins moving upward as expected, set a Take Profit (T.P.) of 3-5%.
Final Tips for SuccessStrictly adhere to the rules for consistent results.Expect 5-7 trades to be profitable out of 10, with the rest likely ending at breakeven.Careful analysis and discipline make your trades more predictable and successful. If you find this information helpful, start implementing it today!
Just like El Sapo Pepe stood the test of time, $PEPE EPE will bounce back stronger. Dips are where true believers shine—build, grow, and get ready for the next leap. Stay strong, $PEPE Army—the green is near! 🚀💚