Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Shadowplay on December 27, 2022, 05:26:10 AM
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Just a quick question for the community. Im looking to invest 500 in a new project in the next few days. Any advice on best investment? Ive been looking at running another node. Im running a streamr and flux node and trying to get a storage node going. Just looking for a good investment at round 500 to start in the next few days with a good return thanks in advance
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I used to run nodes, it never seemed to end well :)
probably better to just get ETH, BNB...ect and hodl.
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my opinion is its best if you invest in yourself and learn how to trade you should always be very careful with your money.
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Coinmarketcap has a list of 138 cryptos that allow you to make money from masternodes: Top Masternodes Tokens by Market Capitalization (https://coinmarketcap.com/view/masternodes/).
Only you will need to check their terms and conditions, because in some projects you may not have enough $500 to create a masternode.
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I would not encourage you to invest in the beginning. If you are a new investor then you should know well about investing or trading. There is no possibility that you will always be profitable in investing. You may end up with huge losses by investing in the wrong place. As a result you will lose interest in your investment. So before investing you should know well about the market in crypto currency and be ready to invest in future. But my opinion is that when it comes to investing you can invest in Bitcoin because its future is very bright and its value will increase in future. Investing here requires you to hold bitcoins and be patient for future gains.
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Just a quick question for the community. Im looking to invest 500 in a new project in the next few days. Any advice on best investment? Ive been looking at running another node. Im running a streamr and flux node and trying to get a storage node going. Just looking for a good investment at round 500 to start in the next few days with a good return thanks in advance
I am a member in Myria Discord server. I've been hearing a lot of good things bout their nodes. some people were saying they are earning $20 to $25 daily for one node.
I didn't try that myself but you might wanna take a look.
Link: https://myria.com/nodes/
Not sure if that is possible with $500 tho
NFA
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500 USD is sufficient for initial investment. If you get an opportunity to invest $500 in the beginning then I would say you are getting the best financial support at the beginning of the investment. There are many investors who start their investment journey with less than this amount. If you start investing with 500 dollars, you can later increase the investment amount as you wish. If 500 dollars can be invested in the beginning and if the investment can be maintained in the right way then I think it is possible to get good amount of profit from this 500 dollars capital. But one must be patient when it comes to investment and invest in the right coin only then it is possible to gain something good from the investment.
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$500 for a start is sufficient to give you 0.0073 Bitcoin which is a good sum of Bitcoin fraction that can generate up to $300+ profit when the price spikes to $110k+.
If you are consistent on accumulating with more funds, depending on income flow, you might be able to have acquired more Bitcoin before the price will fully get to a peak point.
Ethereum, BNB, Doecoin, Matic are also the few altcoins I can recommend.
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$500 for a start is sufficient to give you 0.0073 Bitcoin which is a good sum of Bitcoin fraction that can generate up to $300+ profit when the price spikes to $110k+.
If you are consistent on accumulating with more funds, depending on income flow, you might be able to have acquired more Bitcoin before the price will fully get to a peak point.
Ethereum, BNB, Doecoin, Matic are also the few altcoins I can recommend.
that's actually right, to avoid putting your money in some Ponzi scheme better to buy some good crypto currency and hold, just as @Dr.Bitcoin_Strange said $500 would give some nice quantity of bitcoin and those others nice coin listed below (depending on one choice) , and one can also decide to use DCA method to accumulate some quantities while he or she hold till market experience some nice surge in price before taking profit. But don't always forget to DYOR ( do your own research) , because having a good habit of researching would help one alot in this space.
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Aside from what other member said, you probably better buy coins (e.g. ETH) and stake it on non-custodial staking pool.
Just a quick question for the community. Im looking to invest 500 in a new project in the next few days. Any advice on best investment? Ive been looking at running another node. Im running a streamr and flux node and trying to get a storage node going. Just looking for a good investment at round 500 to start in the next few days with a good return thanks in advance
I am a member in Myria Discord server. I've been hearing a lot of good things bout their nodes. some people were saying they are earning $20 to $25 daily for one node.
I didn't try that myself but you might wanna take a look.
Link: https://myria.com/nodes/
Not sure if that is possible with $500 tho
NFA
I got curious, so i did a bit research and it turns out the license/right to run the node is very expensive. On Dec 2023, the price was $4500 where they state it'll keep rising over time[1]. So it's not surprising they can reach at least $20 daily.
[1] https://medium.com/myria-official/announces-node-license-price-adjustment-amidst-soaring-demand-ce0ade8a1c60 (https://medium.com/myria-official/announces-node-license-price-adjustment-amidst-soaring-demand-ce0ade8a1c60)
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Just a quick question for the community. Im looking to invest 500 in a new project in the next few days. Any advice on best investment? Ive been looking at running another node. Im running a streamr and flux node and trying to get a storage node going. Just looking for a good investment at round 500 to start in the next few days with a good return thanks in advance
If you are a new investor in the market then five hundred dollars is a lot of investment so you must plan again and again before investing. Since you want to invest in new coins you must be DYOR to invest in new coins. New coins are hyped when they come to the market but after some time those coins don't remain in hype position so before investing you must be informed about this and fully prepare yourself to take ricks.