Bitcoin and other digital currencies have come a far way. $100 bitcoin investment bitcoin price has skyrocketed to a $100 bitcoin investment high once again.
The last weeks were fantastic for bitcoin. Whenever bitcoin reaches a new high it's easy to question if we are too late to invest. This is a very short term way of thinking with a high risk.
I will do this for Bitcoin, Ethereum and Litecoin. It's easy to replicate this experiment for any other coin. Please note that this is not financial advise and make sure to only invest $100 bitcoin investment you can afford to loose. If you are new to bitcoin, I recommend to buy them over at https: Coinbase is very easy to use. The only downside are the small fees.
More experienced bitcoin traders use exchanges $100 bitcoin investment any fees like https: GDAX is owned by coinbase, which makes it easy to switch your account over when you are ready. Example in the picture below. Time to start the investment experiment. Let's say you started investing in bitcoin on November 1, You have been very strict and bought in bitcoin at the first day of the month no matter the price or how the chart looked like. Current bitcoin price 09 nov It almost sounds too good to be true.
Let's do the same experiment for ethereum. Ethereum had a fantastic year with some unbelievable bumps. Current ETH price 09 nov Ethereum had a way better year than Bitcoin. Am I allowed to swear? Again, same experiment but this time for Litecoin. Current LTC price $100 bitcoin investment nov Ethereum is the biggest player with a whopping ROI of This was very unthinkable a year back! On the other hand. This way of investing is a much higher risk and it's easier to invest a small amount each month instead.
What you do with the asset is up to you. You can also sell all your bitcoin and start over from scratch. The results will always be different each year. I started this experiment with the 3 currencies you can buy on coinbase. I am $100 bitcoin investment far behind digitaly so have no clue how that works! You have completed some achievement on Steemit and have been rewarded with new badge s:.
Award for the number of upvotes. Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click here. If you no longer want to $100 bitcoin investment notifications, reply to this comment with the word STOP.
By upvoting this notification, you can help all Steemit users. People often think to purchase cryptocurrencies that are already well-established and rather expensive compared to other coins.
This is partially due to the fact that the market is seen as volatile and unpredictable, so people may be scared to buy into a currency that they have never heard of or that seems 'small,' in a way.
However, that is usually the way to go -- you'll see bigger returns by investing in a currency that is still rather cheap and 'small,' comparatively speaking. There is always the risk that the currency will not reach the heights that one hopes and it's easy to get sucked into buying FOMO when there are hyper-enthusiastic bloggers, subreddits and Youtubers for nearly every coin. But, with careful research and prudent investments i. How to set up monthly transactions If you are new to bitcoin, I recommend to buy them over at https: Bitcoin Time to start the investment experiment.
Ethereum Let's do the same experiment $100 bitcoin investment ethereum. Litecoin Again, same experiment but this time for Litecoin. Authors get paid when $100 bitcoin investment like you upvote their post. Hope in a few years i can travel much more, really see it as long term investment.
Good luck with your $100 bitcoin investment. Thanks, did you invest yourself? I am mining bitcoin and ethereum. I am planning to do a monthly buy-in similar to this post. Yeah, the audience is coming from Facebook. I don't think they have an account tho.
You have completed some achievement on Steemit and have been rewarded with new badge s: For more information about SteemitBoard, click here If you no longer want to receive notifications, reply to this comment with the word STOP By upvoting this notification, you can help all Steemit users. $100 bitcoin investment have not heard of GDAXthanks for the details explanation. I will check it out.
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