How I would invest $1000 If I Started Crypto Today [Beginner Guide]

what would I do if I was starting in crypto right now I wanted to make it big but I only had like $1,000 well that was actually me at one point I started with a little more than the ,000 a few thousand though and since 2017 I've turned that into well let's just say a lot more than a few thousand but if I could go back and talk to myself back then there's so many mistakes that were made okay so many wrong ways of thinking about the market so I want to discuss a little bit

of that with you in today's video and tell you what would I do if I was starting in the market right now today and only had $11,000 to spend so let's get straight into first thing of course take some damn time to educate yourself I know boring but guys seriously when I came in the fomo was insane I was literally like up at night like unable to sleep like I got to get a Bitcoin miner I got to go do something I got to get back on my computer and do stuff it's crazy okay you

have to educate yourself first and foremost learn about Bitcoin learn about some of the top coins have a general knowledge of what blockchain technology is where tokens live how to use a wallet this kind of stuff it's going to take a few hours not going to lie you're have to spend a little bit of time to do it and I know what you're going to be thinking you're about something's going to go up in price if I don't throw my money in right now I'm going to lose out there's always Corrections there's always New Opportunities

there's always new ways to make money in the market okay you got to educate yourself a little bit first take a few hours there so many great resources obviously what we do here on the channel what we do in our newsletter link down below by the way all that kind of stuff lots of great great resources out there available for you in the market great podcasts great channels l lots of alpha especially over on the xplatform okay formerly known as Twitter go check it out one of the best places to be staying up to date

with everything happening in crypto that's first and foremost and that's free here's the best part is free yeah there's a lot of great paid courses out there we sell some great paid courses but you can learn all this stuff for free it's just going to take you a little more time if you only have a th000 bucks you probably don't need to spend two or 300 bucks on a course okay if you have a few thousand bucks or 10,000 or whatever spend the money on the course okay take the time spend the money on the

courses you'll learn a lot it's like a cheap code to be able to learn a lot in a very short amount of time if you don't have the money okay you only have th000 bucks go and find the free resources they're all over the place it just takes more time and energy to find them okay okay that's first and foremost second thing Bitcoin now look you got 1,000 bucks I'm saying let's put 100 bucks in Bitcoin here okay why just to freaking have some that's why because Bitcoin is the most important cryptocurrency asset in all

of crypto this bucks that you're going to put into that Bitcoin it's not to flip it for 200 bucks later on it's to have Bitcoin to stake a little bit of your claim on the best digital real estate in the world okay that's the key thing you're going to have the 100 bucks you're going to watch it you're going to understand it you're going to learn more about it you're going to be part of the Bitcoin Club ain't got no Bitcoin can't be part of the club okay get yourself a little bit Bitcoin 100 bucks

but that Bitcoin is not what's going to make you the money and I know what you're probably thinking well if I get the Bitcoin should I also get some ethereum and some salana and some xrp no you don't need to have any of that stuff okay it's different bitcoin's its own unique asset within the cryptocurrency space all right so if you're going to go God I have 100 bucks of xrp to have xrp I have 100 bucks of Doge pretty soon you're out of a thousand bucks and you've got a bunch of top market cap

coins that aren't going to give you a lot of gains okay no shade on those other coins it's just reality they're not going to give you those big outsized gains that you're probably looking for with your $1,000 that's first and foremost um obviously you need to manage a bit of expectations to you're not going to turn your $1,000 into a bajillion dollars but you can probably do pretty well by taking some reasonable risks let's say okay you don't have to take wild risks but some good measured risk and you can probably turn that, into well

maybe 10,000 maybe more now before we talk about where to put the $900 a quick word from our sponsor for today I want to take a few minutes to let you guys know about a crypto portfolio tracker called coin stats this is a fantastic tool that you can use to save your time and to manage your entire crypto portfolio all from one spot coin stats is an awesome product because it connects to pretty much any cryptocurrency exchange or wallet out there and tracks all of your transaction history so that you can keep track of your

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for the whales and stuff like that it's got a great user interface you can check all your balances just at a glance and here's the kicker coin stats is giving the lar Davis Community that's you watching the video a 50% discount by using my link Down Below in the description that's an awesome deal go check it out and support our sponsors okay now let's talk about how we're going to spend that $900 so look there's a few ways to approach memec coin investing and there's one way it's probably going to lose all your money all

that 450 bucks you put in going to go to zero and that's playing the dgen lottery getting on pump. fun or any of these other meme coin launch pads and trying to get the new $10,000 market cap coin trying to hit the lottery now you might hit the lottery and turn 100 bucks into a million bucks that's the dream that's what everybody wants to do okay however more likely than not you're just going to lose your 450 bucks cuz that's what 99% of people do on these platforms they lose all their money if you're looking

for memes that perhaps still have some really fantastic upside 10x plus upside but are a little less risky then why not look at some of these memes that are in like $50 million market cap hundred million market cap zones stuff like let's say some base memes miggles the cat Benji the dog key cat um ski mask dog these kind of things I'm not saying you should buy any of those right now I'm giving those as examples I own Benji by the way full portfolio disclosures as always down below in the YouTube description pin Comon over

on X but those kind of coins represent that kind of good risk reward they had their initial pump they haven't died they're still there they still have a community they still get traded in a lot of places a lot of these are still waiting for big listings on binance and coinbase and all that kind of stuff which will probably come at some point so a lot of opportunity there for 10 20x upside now you probably don't want to put it all into one meme coin you probably want to spread it out across four or five

not too many you don't want to put 10 bucks and 45 meme coins you more want to put 100 bucks in four of them and 50 bucks in another for example you could even go with some safer meme coin plays something like Brett or dog with hat which are multi-billion dollar market cap meme coins and don't have that same kind of massive upside potential but they can probably do a 10x so you can turn your 1,000 into 10,000 for example your 10,000 into 100,000 you're 100,000 into a million you're million into 10 million especially with

these bigger cap memes you need to have actual liquidity on the other side and if you're playing with these lower cap memes liquidity is not always there now the other 450 bucks we're going to put that into AI equ why because AI is one of the absolute hottest Trends it gets the most social media Buzz the most people are talking about AI is changing everything it's massive in the stock world it's massive in the crypto world it's just huge and it's only getting bigger okay that's why now in terms of AI there's a lot of

different categories and market caps there's so many choices of things you can put your money into you go for like big AI infrastructure plays like the near blockchain but it's a pretty high market cap coin at this point uh zero g that's a new one coming out that that is like the decentralized operating system for AI essentially that's probably going to come out at a lower valuation compared to something like near so maybe there's more opportunity there for a new launch when it comes out we have ai daps like uh Oki and IET which are

sort of you know relatively cheap compared to some of their bigger competitors but then of course is probably the Holy Grail of insanity right now in crypto which is AI memes right getting the most mind share take the two hottest niches in crypto combine them together make AI agent memes now there's two ways you can invest in this the first is via investing in Frameworks so there's the virtuals protocol over on Bas that's gone absolutely crazy uh hit over a billion dollar market cap became a unicorn we have the ai6 Zed protocol over on Solana

we have new competitors coming into the ring like MO that's going to be one to definitely watch out for we have agents as well so those Frameworks that I just mentioned virtuals ai6 zmo they're helping to launch agents the agents are the actual AI characters on chain now the most famous of these has been probably goat but we see a lot of others coming up zerro AI xbt the guys over at Mo they've launched the nebula AI agent we're going to see so many more of these AI agents coming out the agents coming out with

very tiny market caps on average and those kind of offer huge upside potential now just because Ani agent's been launched on virtuals or AI 16z or whatever any of that kind of stuff doesn't mean that it's necessarily going to moon but it's definitely an interesting place and the price performance of some of these agents is certainly something that's noteworthy and a reason why we're going to be allocating some of our Capital there again you don't need 10 of these things or 20 of these things choose four or five so why are we going all in

on AI and memes with our $1,000 portfolio minus $100 in Bitcoin why because take damn risks you know what if you only have $11,000 okay and this is an equally applicable video If you you know if you're watching and you've got 10,000 or 100,000 these same ideas can still play out for you but I would approach things very very differently if I was investing a $100,000 into crypto I'd probably focus more on big cap stuff I'd focus on you know near and Phantom and SE and Avalanche and some of the other bigger market cap stuff

you know maybe I'd buy a16z the salana based AI agent framework because it's a multi hundred multi hundred million doll market cap coin lower risk comparatively right so there's that to consider but if you're really coming in with just 1,000 bucks or maybe just two or 3,000 bucks something like that I got news for you you can always find another ,000 you're coming in at this stage in the market you're going to have to take a few risks okay if you'd come in at the end of 2022 in the in the bottom of the bare

Market you could have bought almost anything and been up massively okay all the big cap safer coins could have bought those you'd be up gargantuan right now but that's not the case you're late okay you're coming in as the Market's starting its markup period you don't have those kind of sweet deals available anymore okay and a th000 bucks really is not that much money in the grand scheme of things I know it's a lot of money for a lot of people but you can always find another $1,000 so if you screw it up and you

lose and all the coins that you buy are the wrong ones you buy the wrong meme coins you buy the wrong AI coins well you lose 900 bucks and you still have 100 bucks for the Bitcoin by the way at the end you can always find another 900 bucks or another thousand bucks okay it's not going to be the end of the world for you that's why I'm I'm talking like this right that's why we should be going all in on AI and memes if you're really investing with such a small amount of money and

what are your expectations from investing $1,000 well I got some bad news for you because you're almost certainly not going to become a millionaire unless again you win the lottery and really nail something absolutely perfectly You're simply not sorry bad news but you're very very very unlikely to turn $1,000 into a million dollars it's not impossible it's just the odds are incredibly small for you but you can probably turn that $1,000 into $10,000 maybe even a little more maybe $20,000 that's the kind of returns that are possible at this stage in the market cycle by

investing in some of these riskier plays but regardless of how much you turn it into at some point you will have to take profits cuz that $1,000 might become 10 or $20,000 maybe $25,000 and unless you sell because when you go from 1,000 to 25,000 suddenly you think you're a genius you're not a genius it's just a bull market okay enjoy the bull market it's fun to be in a bull market it's smart to be in a bull market but it's just a bull market the top will come and if you don't sell that $25,000

goes back down and turns into $1,000 again real quick maybe it even turns into $100 because you lost all your damn money by investing in things that are way too high risk that during a bare Market are going to go down 99.99% so you either take your profits or the market will take make them for you tattoo that somewhere and don't forget it thanks for watching