If you have $1000 what are you investing?

[Blessed19]

This question I saw on Twitter recently as I go through my TL and a lot of answers were put across.
Some people say they would go straight into crypto currency which to me at the moment is one of the best ways to make use of that and flip to $10,000 when you follow through but could lose it if you don't follow through. So I'll like to know what you would invest in with such amount.

 

[flower]

I am going to invest this huge amount of money on my offline business because it would boost the business and I'll be able to stock more goods in my store.

 

[Blessed19]

I am going to invest this huge amount of money on my offline business because it would boost the business and I'll be able to stock more goods in my store.

That's a Nigerian response to having such a huge amount of money for investment and to be honest it is a very safe and modest way to go as we deal with mostly offline things and not online even though at times we just have to go online with out dealings.

 

[riberet19]

Well currently that figure from my point of view would not be very large and it would be difficult to diversify it from my point of view, then if you want to convert it into $ 10000 we also have to look at the time frame in which we want to get it, probably if we know how to invest well in 3-4 years we could get it in the cryptographic market, and in a somewhat longer time in the traditional stock market, for example, investing in technological shares that are not yet so exploited.

 

[Blessed19]

Well currently that figure from my point of view would not be very large and it would be difficult to diversify it from my point of view, then if you want to convert it into $ 10000 we also have to look at the time frame in which we want to get it, probably if we know how to invest well in 3-4 years we could get it in the cryptographic market, and in a somewhat longer time in the traditional stock market, for example, investing in technological shares that are not yet so exploited.

The crypto market is where one can flip such amount within a short time if they know how to go about it and not just blindly trying to trade with it and not having the ideas of how the market of crypto runs.

 

[capri]

The figure you have cited is quite small. So, if I had to invest this amount, I would opt for a low-risk investment option. I could even choose to open a fixed deposit savings account.

 

[Springtime]

With this amount of money, I may invest in stocks but most probably mutual funds because the latter does not require a lot money to invest and it is a relatively safe investment.

 

[riberet19]

The crypto market is where one can flip such amount within a short time if they know how to go about it and not just blindly trying to trade with it and not having the ideas of how the market of crypto runs.

Yes, it may be the most appropriate market for such returns, but it is also a favorable market to do the same but in terms of losses, since even if a bullrun arrives, if you invest in the wrong cryptocurrency, it may never recover.

 

[Stardom22]

For me I would buy some shares on a recognised Bank that is very established and makes profits every year. Investment with that bank attracts an interest rate of 12%per annum

 

[Authenticity101]

I would go into cryptocurrency investment too. I trust that if I learn how to invest in this business and follow the risk management strategies, I will earn well from it.

 

[Stardom22]

I would go into cryptocurrency investment too. I trust that if I learn how to invest in this business and follow the risk management strategies, I will earn well from it.

You will need to learn about crypto currency trading and investment at the same time. Understanding of the risks management strategies in the venture you can decently from the crypto currency venture.

 

[Suba]

If I had $1000 idle right now, I would buy Litecoin to increase my balance and I would end up with around 12.6 Litecoins, because I expect the price of Litecoin to go up at least in July or August this year.

 

[capri]

D

If I had $1000 idle right now, I would buy Litecoin to increase my balance and I would end up with around 12.6 Litecoins, because I expect the price of Litecoin to go up at least in July or August this year.

I have always heard people speaking about investing in cryptocurrency but still I have some lingering questions.

Based on your post, what is the price of Litecoin?
Also, what is conversion rate for Litecoin to US dollars?

 

[Suba]

D

I have always heard people speaking about investing in cryptocurrency but still I have some lingering questions.

Based on your post, what is the price of Litecoin?
Also, what is conversion rate for Litecoin to US dollars?

This morning I exchanged stablecoin usdt for 2 litecoins in my personal wallet, it was charged $ 157.4, but according to the price of Litecoin on coinmarketcap it was $ 77.16, because right now I'm collecting Litecoin.

 

[nomad]

If I have $1000 for investment, I would put the entire money on crypto. That's because the market is too low and it is a favorable time for investment. I would invest that money in over a dozen assets.

 

[SHAHID987]

If I would have $1000 I would have to invest half in different crypto currency and half of it would be sufficient for me to start business here.

 

[eldavis]

If i had a thousand dollars to invest, i would definitely not make the mistake of investing in a single thing. I would rather share it. While i would save some of the money, i would invest something in real estate, then also buy new equipments for the business i am into, then as well invest in crypto and forex.

 

[Passiveearner]

I have planned to stake cryptocurrencies. However, this is quite risky. So, in case if i get $1,000, I would consider various factors and view an investment opportunity from various angles that could help me invest wisely.

 

[Bisolami]

This question I saw on Twitter recently as I go through my TL and a lot of answers were put across.
Some people say they would go straight into crypto currency which to me at the moment is one of the best ways to make use of that and flip to $10,000 when you follow through but could lose it if you don't follow through. So I'll like to know what you would invest in with such amount.

It is a lot of money but it is also a little amount of money because it cannot be enough for a reasonable investment so I will just invest it in cryptocurrency

 

[Passiveearner]

I think that if I had that much money, then I would probably invest my money in a governmental project that may pay off well. However, the fact of the matter remains that investing and finding the right kind of project may be a huge challenge.