Investing $1000 in Cryptocurrency for Beginners!
I created a table about which coins a beginner should consider investing in when getting into the cryptocurrency market. You don't need to invest in the coins listed below, but the most important thing to remember is to diversify. Diversification is a great way to mitigate losses especially in this volatile market. Let’s imagine that we only had $1000 USD to spend. I would save about $100 for transaction fees or for "Oh, sh*t! Why did I do that?" moments. The coins that I've listed span through different industries such as telecommunications including internet and privacy, education, and energy.
Disclaimer: I am not a financial advisor, and the information that I am sharing with you is just for infotainment purposes only. Please use due diligence before investing in the cryptocurrency market.
COINMARKETCAP - 02/13/2018
- POWER LEDGER/ MC - $ 273,598,226.00 / PRICE - $ 0.721049 / AMOUNT - 100 / TOTAL - $ 72.10
- DENT/ MC - $ 247,719,861.00/ PRICE - $ 0.023193 / AMOUNT - 4000 / TOTAL - $ 92.77
- QUANTSTAMP/ MC - $ 178,546,395.00/ PRICE - $ 0.286764 / AMOUNT - 1000 / TOTAL - $286.76
- NAV COIN/ MC - $ 115,386,874.00/ PRICE - $ 1.85 / AMOUNT - 100 / TOTAL - $185.00
- BITDEGREE/ MC - $ 35,790,102.00/ PRICE - $0.102804 / AMOUNT - 1000 / TOTAL - $102.80
- TELCOIN/ MC - $ 71,645,737.00/ PRICE - $0.003391 / AMOUNT - 20000/ TOTAL - $67.82
- THETA TOKEN/ MC - $ 66,046,730.00 / PRICE - $0.116970 / AMOUNT - 1000/ TOTAL - $116.97
- TOTAL: $924.22