HomeНаука и техникаRelated VideosMore From: Crypto Bobby

Starting in Crypto with $1,000? What I'd do if I was starting investing in cryptocurrency today

9765 ratings | 515683 views
Want to start investing in cryptocurrency like Bitcoin? Here's what I'd do if I was starting from scratch with $1,000 today. Quite frankly, it boils down to simplicity. A lot of people see the historical returns of cryptocurrency and want to get super aggressive. DON'T DO THAT. Here are my thoughts on what I'd do if I had $1,000 to invest in crypto and I was starting over from scratch. 1. I would buy $250 worth of Bitcoin (BTC) and $250 worth of Ethereum (ETH) today. 2. Then I'd wait 2 weeks to dollar cost average my position out. 3. Then I'd repeat step 1, buying another $250 worth of BTC and ETH each. 4. As all of this is happening, study and learn everything you can. Only then if you want to dive into smaller altcoins, should you slowly dip into those crazy waters. Buy Bitcoin, Ethereum and Litecoin on CoinBase and get $10 worth free: https://cryptobobby.com/coinbase Secure your Crypto with a Ledger Nano S: Amazon (faster shipping): https://cryptobobby.com/ledger-amazon Ledger (slower shipping, but cheaper): https://cryptobobby.com/ledger Get a Free Trial of Coinigy (the trading/charting software I use): https://cryptobobby.com/coinigy Follow me on Steemit: https://steemit.com/@cryptobobby Follow me on Twitter: https://twitter.com/crypto_bobby Join the Facebook Group: https://www.facebook.com/groups/140921189836895/ *Some of these links may be affiliate links, meaning if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend companies and products I personally use, and any commissions help to pay for content creation. Thanks! * ** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**
Html code for embedding videos on your blog
Text Comments (1040)
Chris Charles (1 day ago)
Well said if the newbies listen this will give them a solid base to build on I wish someone had told me this when I started but the pain has made me smarter!
bitcoin in the online world is of great significance, I still remain obscene. what is bitcoin and you need to understand the fall and rising bitokin, the video is all available and clearly explained and described.
Louis Darnell (28 days ago)
*Forex trading is not magic.... You are not going to be a millionaire overnight, but its a good background to raise your finances at a steady growth..... You need a proper understanding on its steps by a SUPERB FOREX TEACHER to trade for you, So go with now and make your balance double within To night from here >> **https://t.co/pbFk7a6mEJ** .*
Johns Ar (1 month ago)
This is a great video! That’s why it’s good to take risks. www.investteamcrypto.tk
HD كاس العالم (1 month ago)
What if you have $5😂
gajer alvarez (1 month ago)
pease dev! analyze Etheal for us, im ready to invest if you think its good ICO
CryptocurrencyRightNow (2 months ago)
Honestly, if you only have $1000 to spend I wouldn't spend it on crypto. its just a very risky investment right now.
MrBeard17 (2 months ago)
He's not talking about if your down to your last grand...
Crypto Bobby (2 months ago)
it's always been risky.. And if $1,000 is the only money you have in investments, I wouldn't do that either
The bеst Telеgram chаnnel whеrе АIRDROPs аre рublishеd everу dау. (@airdrop_yes) АIRDROР - at nо соst distrеbution оf toкens to еverуone frоm diffеrеnt icо! Giving оnly 2-4 minutes рer dаy оn rеgistrаtion in diffеrеnt Airdroр it is рossible to eаrn 1ОО - 4ОО dollаrs pеr dау!
togoshigekata (3 months ago)
BiblePay (BBP) - 10% mined coins always go to Charity (already sponsoring 200+ Orphans monthly)   - ASIC-Resistant like Vertcoin/Groestlcoin (CPU Mining Only)   - fork of DASH (Masternode Governance, Proposals & Voting), 10% Monthly Budget - Proof of BibleHash (POBh) algorithm, All Nodes are Full Nodes   - Ranked #145in Code Commits Launched July 23rd 2017, Market Cap $1-2 million, $0.003 per BBP https://coinmarketcap.com/currencies/biblepay/ 38% of BiblePay coins are rewarded to Healing and Curing with Distributed Computing  [Contributing CPU Cycles to Science Research]
Antonio Yepez (3 months ago)
I made $87K With the Trade ALT Coin signals from www.CoinTradeToday.com
C D (3 months ago)
I am interested to invest in Sibcoin. What do you think about the investment?
Brent Willis (3 months ago)
Hi could you do a review on the new NAGA wallet now it’s been released ? Is it the best wallet available?
thanks for useful tips.
neesha jeson (3 months ago)
I really get the strong impression that Gig9 is out there to create a positive impact in the communities around the world and I guess that will affect the global economy as they put it. It’ll be nice to be a part of that so they can count me in as an avid investor for their project.
Kiesha Jones (4 months ago)
I think GIG9 is a win wingame . Great project by Oxford University Alumni. What do u guys say ?
Chaseten Gibson (4 months ago)
bad advice i would never tell people to start with coinbase (high fees) i would never tell someone starting with 200 to buy bitcoin you would make $8 on a big move where you could have multiplied your account to thousands
Raul Pedraza (4 months ago)
Hola! Buscas ganar de verdad Bitcoin, satoshis, $, adjunto mis pruebas de pago reales nada de montaje tanto para paginas web como para móvil. he información de las que no pagan o son scam, Haz clic en mi blog: http://btc-pruebasdepago.blogspot.com/2018/03/un-saludo-gracias-por-elegir-estas.html
Dameer Wright (4 months ago)
Bitcoin is at 8,000 and some change right now is that good to buy bitcoin now? Or should i wait till its really high .I was going to invest $500 into bitcoin on coin base..
Paul Anthony Westcott (4 months ago)
Sorry to interrup ...I am totally and completely new at this... so question: After all is said and done How you turn cryto into available $$$$$ to buy houses, cars, take vacations, trave etc, etc ? How are the financial transactions perfomed ? Does it go in to my bank account? Any thutful, transparent, and honest answers are appreciated beforehand. Peace "It's better to be ignorant once than for the rest of your life" Thank you.
Syco Flo Grow (4 months ago)
I’m so new I no nothing I just see all these people getting money !!!!! Please help start this !!!! Shoot me the info or how ever I can sing up or get account !!! So any one that knows this please help !! I been watching the videos now !
Gaby Gonzalez Ch (4 months ago)
There is always a risk in the crypto world.. But I would recommend to start with small amounts while you are learning. I found a good coin with low price and excellent features named $Zoi take a look on it. You won't regret.
LAKERS NATION (4 months ago)
Hey you guys has anyone got any money from it ???
xdsmastermia (4 months ago)
ummm, do you mean common sense? genius! lol
Blasting Crypto (4 months ago)
You missed out ATH(Athenian Warrior Token on Cryptopia). Limited supply of 100 Coins!
meezyack (4 months ago)
How do I buy shit coin?
Sky Fall (4 months ago)
took to the end of the video to get to the point
Adriana Gibson (4 months ago)
In 12 month... what would make me more money? investing in Tron or Ripple? 10k investment..
Brainy Bee (4 months ago)
Buy Nexus (NXS) coin before it goes 10x in the next 2 weeks!! BIG news!!
Juan Rivera (4 months ago)
Hey! You deem to.know.what your talking about, im in mexico, can u plz tell me how to get started investing on bitcoin?
Ronald Clegg (4 months ago)
Thank you for making me financially independent through your trading platform Mr Mukhtar. I know you never wanted me to do this but I think the World has to know you. If you are lucky he is not fully booked. Contacts; [email protected]
michelle bregoli (4 months ago)
I am a newbie, I just started trading with Brandon. I don't understand why everyone is losing their money, because everything is different with Brandon when he trades for me. Anyway he is a great teacher from just $2000 i made $15000 in a week and I believe if you guys learn from him you wouldn't lose money. write him via this address *([email protected] gmail.com.)* or whatsapp messenger *+1 781 720 7209* he is a great tutor and awesome trader?
Carleton Scully (4 months ago)
Moto Mouse (4 months ago)
Your logic doesn't make sense. If you buy 4000 Ripple and it goes down 10% you won't make money but if you buy 20% of a bitcoin and it goes up you will make money?
FluxXx (4 months ago)
Hey there! Wanna help me out with just a little bit of your btc? It doesn't matter if the amount is next to nothing. I would appreciate it greatly! 19UtgCBR28gs6dkSSUHXUzrr5BHrwBjjFD
Tom Weller (4 months ago)
There are now dozens of small digital currencies trading for just a few cents that are moving up dramatically over very short periods; like Asch traded for few cents at first but in less than 3 months $100=$,570. NolimitCoin traded for few cents but now $100= $5,348 in 6 days. MediterraneanCoin traded for few cents but now $100= $8,313 in 3 months. For a successful and profitable cryptocurrency trading contact [email protected] You sure would thank me later. Goodluck.
Nu Life (4 months ago)
how long should you leave the money on bitcoin and etherium
Nu Life (4 months ago)
i subscribed, im a total newbie.. and all i have is 1000 dollars
Nu Life (4 months ago)
honestly thanks man
Talia Vo (5 months ago)
Good thoughts on investing in crypto with $1,000. Any thoughts of investing in other things like playing some crypto games like cryptocelebrities? It's also a good way to invest with ETH.
JoeDirtGaming (5 months ago)
So as a beginner into the crypto world, I’m young and don’t pay many bills leaving me w money left over to invest with . Would it be better to spread out my money into different alt coins or to use a big amount to buy one coin?
Joe Glenn (5 months ago)
What would I like to know is what are the differences in Bitcoin, etherium and lite coin? My understanding is etherinum has no limit, but Litecoin does have a cap or limit. Anything with a cap or limit should grow in value as we approach that cap? Is this thinking correct? and what are the real differences in the three coins? Thank you for our time and work on these videos.
James Hector (5 months ago)
have you being thinking hard on how to invest in crypto currency? get the best decision and plan from us... we give information and the right predict of any type of coin you want to invest in we also give 8% daily as interest of the amount deposited with us. Also, you can buy bitcoin minning machine with the 21 bitcoin computer. contact triplexhackxxx at gmail dot com
marcie madmac623 (5 months ago)
very nicely done and great suggestion. I'm very new to this all but very excited. where can I find a legder wallet and is it complicated getting your information off the site and on your ledger?
Visi Foketi (5 months ago)
Hi Bobby, I am a newbie and really appreciate your video. Very helpful info on your advice which is similar to my view about first buying bitcoins.
Charlie M (5 months ago)
Crypto bobby said don't buy bitcoin at 5,000 & right now it's at 11,000
Isaiah Johnson (5 months ago)
Very very helpful
parth n (5 months ago)
What makes a cryptocurrency "good?" like when you're investing in altcoins, how are you supposed to figure out whether a certain coin is good or a scam? if you did a google search of the coin do you just go by your personal impression of their production team or what?
BlackMagic553 (5 months ago)
Thank you
Eric Balz (5 months ago)
If someone did what Bobby said he would do with a thouty last October, they would be up around $650 right now. That is a nice return after only 4 months.
Danielle Contreras (5 months ago)
What about ethers and all the new games and collectibles? people are going crazy for the games and claim to be making double their money on cryptocelebrities and games like that.
Jack Daniel Vithal (5 months ago)
Hey Rob do you short sell using any platform? Can you shortsell on GDAX please reply new Subscriber.
sonofjay817 (5 months ago)
Let's say for the sake of argument, there's a 50% chance bitcoin will go down and the same that it will go up. So if it goes down, you can dollar cost average more in and you will have made more money than if you went all in at the beginning. But if it goes up, you get less than if you went all in. Don't these two possible scenarios cancel themselves out, probability-wise, you're just as well off just going all in at the beginning? This is why I've never fully grasped the advantage of dollar cost averaging
Ruthi Davis (5 months ago)
Hello, How can I contact you for promotions on your channel.
Eurus 21 (5 months ago)
I think you make a point here especially now that bitcoin is at $6000 ;)
Apartment A (5 months ago)
greek show (5 months ago)
I was frustrated till i met Mr chris ..he started using his mining software for me ,ever since then i have been making not less than 7000$ in just a week reach if you are also a beginner and want to make profit like me [email protected] . com
IQ Profit (5 months ago)
he is the man for the job love his sincerity and guidance
maxima scott (5 months ago)
he makes me $5,000 every week based on our agreement
chaser 81 (5 months ago)
does he mine ethereum?
Broyka (5 months ago)
does he take canadian clients?
Nate Collins (5 months ago)
I subscribed and thanks but you explained what you would do separating the 500 within two weeks but once you put it in what do you do? sit on it and hope in 20 years it blew up or sell back when it takes a jump and buy again when it dips whats the strategy? -Newbie
Tracey Lytle (5 months ago)
Good advice !
katzzam (5 months ago)
I hit the subscribe button because you are awesome, well articulate and so informative. Thank you.
john minogue (5 months ago)
What will hurt the crypto market is the ridiculous amount of new "Junk" cryptos coming out everyday. Some of the names of these coins remind me of the names of Sushi rolls.
First Last (5 months ago)
Estrella Work (5 months ago)
Please send me I need to hold and invest any place of Cyrpto
Isaac Kendall (5 months ago)
Estrella Work, how are you? Have you found a place to hold and invest? If no, you can email me at [email protected] so I send you some links and we talk better. Cheers
Alex Brito (5 months ago)
Hi, what would you do with $1000 if you were starting today 1/24/2018? would you still do the same thing as in this video?Thanks in advance
JD AroundTheWorld (5 months ago)
Great video mate, very useful. Just doing a hell of a lot of research before I invest any money in crypto
Bionic Coin Cap (5 months ago)
Bobby, all your videos are very well thought out and very knowledgeable. Thanks for the content. Stay Bullish my Friend !
Brenda Fielding (5 months ago)
Can you do a video on how to overcome the "limits" on Binance. It won't let me buy more than 2- which is $1 worth.....
James Kelly (6 months ago)
Silly Bobby
Johan (6 months ago)
What do you think about NULS ?
Aaron (6 months ago)
Good stuff. Wish I'd seen this at the time it came out! Only now getting started, so I missed out on a lot of these gains. Appreciate how you seem a little long-winded ... ha ... which means you repeat yourself at times, allowing this new info to settle in better for me. Thanks!
ŇĄBź ÅĽÎ (6 months ago)
Very helpful video like from me mate
benav07 (6 months ago)
He certainly missed the mark on Ripple!!! He would have made $48k had he invested 4k then :)
bea2790 (6 months ago)
Good video Bobby,
The Leader (6 months ago)
Condoro p (6 months ago)
How do you value something that is not real at least bitcoin is really used for purchases what about the rest of them ?
Kev G (6 months ago)
Very informative. Thanks
Mark Seen (6 months ago)
Hi, I am a professional Investor of cryptocurrencies in the Internet. If someone wants help by investing in cryptocurrencies, he can text me at facebook or gmail. PS: Dont be shy, sart to invest. I am familiar with currencies like Ripple, Thron, Iota and Stellar and lot more.
Teddy Hawke (6 months ago)
is that a green screen?
Khalid Tnatni (6 months ago)
Hi! I came across your video today! I wonder if the advices on this video are still to follow, as the prices of almost all coins had been 10x or even more.... I would love to get in on investing on cryptos, but It feels like I have to follow the "new advice".. and adjust to what is going on everyday... I hope my question here, need to know if it is still good to start with 1000-3000$ on cryptos, with the advices on this videos on mind, and still make money. thanks
B Randell (6 months ago)
$5300 ath as of recording.... Too bad I wasn't quicker
cp111777 (6 months ago)
Hi Bob, nice video. I am new to this. Can you explain/compare percentage gains and dollar gains.
MEDIUMBIGG (6 months ago)
Yo xrp ripple is wort like 2 buck Now if i put 1k at 0.25 when this video came out loll make calcul
Paul P (6 months ago)
Yeah this video is terrible. His rationale is completely flawed. I can’t believe people are all over everything this dude is saying. He’s just a guy on the internet making s video that does not mean he is an expert. Also he has some sort of deal going on with coinbase that if you sign up through his link you get ten dollars worth. Biased a little bit?
Holden (6 months ago)
I’m a little bit late to the crypto buzz but it’s still early enough to jump on some early coins, I’ve found KuCoin great for having like 50 different coins to choose and trade from with very little fees, I’d recommend transferring over some Litecoin or Ether first. https://www.kucoin.com/#/?r=7Hvhca
citipunky (6 months ago)
it is 3 months after you uploaded this video.  if you put 1000$ in any mentioned currency that day .... you would be on profit 3 to 8 times whatever you bought.
Gary McKeown (6 months ago)
Out of all the crypnoise I've seen, I've come to believe your presence here is quite legit. Could you remake this video from tody's new position - post-January moon shot - and answer the question what you'd do if getting in to cryptocurrency today? Cheers. G
Alberto Ramos (6 months ago)
You'd be 10x richer if you have bought that Ripple...
paul goodwin (6 months ago)
GREAT video thank you as I am a new beeeeee
Nathan Schneider (6 months ago)
Two successful pumps already, personally no advantage and got 30% on the first pump, 50% on the second! Moving to 3 pumps per week! Join while you can ‪https://discord.gg/e6B2ra
brise22 (6 months ago)
Really interesting, but Rob mentions going to gdax or coinbase and purchasing the big cryptos first; like Bitcoin, Litecoin, Ethereum, vs buying altcoins on Poloniex or Bittrex. Why not buy the big cryptos directly on Poloniex or Bittrex? These shouldn't be mutually exclusive, or am I missing something? I'm trying to sign up to an exchange right now, but Poloniex seems to have a long wait, Bittrex says they"re not takin any new applications at the moment, so I was going to check out Kraken or Bitfinex, unless there's a reason NOT TO. Thanks for any feedback. Serge
DasCrypto Moley (6 months ago)
Three coins to make money guaranteed 1. BTC (always going up but volatile) 2. ETH (finally caught on and moving faster) 3. ENG (oh boy, this is the one that gets shilled to shit in a few but I said it first... "It is really is a great coin"). There you have it. Screw around with other alts, you ma hit it big or lose your balls.
dropfry (6 months ago)
At 4:38 it's funny because ripple and doge would have been the better buys.
Rustam R (6 months ago)
Where can i start buying other types of crypto currency‘s... i want to start moving on from coinbase? Any suggestions?
Torsade101 (6 months ago)
Ripple was a bad example. Your $1000 example would now be $10,000 3 mths later! Good video - thx
Brew master (6 months ago)
Mind blown!
Ryan (6 months ago)
Alt coins are where the money is now for serious investors. Yeah you can double your money with the big coin BTC but for example I bought $1k ripple at $0.17. It's now $3.36 each. That's a massive profit from a smaller coin (not so small anymore). XVG is the next Ripple for those who missed out. It's currently sitting at $0.17 (was in the $0.00xxxx range) but it has a max supply of only 16.555BN and the market cap is only $2.5BN! If it catches up to even half of what XRP is right now it will be worth $4.48 per XVG. If it had the same market cap as XRP it will be double that. I've now reinvested 50% of my XRP into XVG and I hope I'm right about it. I seriously believe I am and that XVG will be the next XRP in terms of %gained. Good luck to everyone, this is just my opinion!
Faded Hope (6 months ago)
Ripple made this guy look foolish.
Phoneti physix (6 months ago)
Litecoin up 186.9% in a month.... Bitcoin holding steady. Wow I found my new bank.
kris Aleksandrov (6 months ago)
hi my name is Kris and two days ago I lost absolutely everything my apartment building burned down with everything i own i only have my cell phone and not a penny to my name. I asked the land lord if i could get any money back from my security deposit or at least get my rent back because i didn't have anything and i needed money so i dont sleep on the street and he told me ( that to bad not my problem). i never in my life thought i would have to do this but i am begging anyone for a little help to get on my feet again i am praying that someone blesses me with a few dollars anything would help. GOD BLESS YOU and eave if you cant send 1$t hat is okay GOD BLESS you as well and i thank you all from the bottom of my heart seriously THANK YOU AND GOD BLESS. I ll put my Bitcoin and Ethereum wallet address under and even if u send 1$ please leave a note with your name and way to get in contact with you so i can pay you back soon as i am on my feet again but for now all i can do is pray for you. THANK YOU SOOO MUCH AT LEAST FOR READING THIS. BTC WALLET: 17HH2CC62efSkncHBSyU9Bp3uvLnMRSDuh ETH WALLET: 0x6936ff3a368af0bda31ac30afb4ed55c30d9e393
ashepe (6 months ago)
"Are you able to stomach a 25% loss of a 1000$?" Well, all the cryptos fluctuate like crazy. So yes
Frederick0220 (6 months ago)
What app do I use to invest in alt coins? Coinbase only has the 4 main ones.

Would you like to comment?

Join YouTube for a free account, or sign in if you are already a member.
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.