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Topic: Altcoin Investing (Read 605 times)

jr. member
Activity: 168
Merit: 1
April 10, 2021, 02:37:48 PM
#70
Invest before huge listings
For example I bought PEAK right before bsc staking and coming OKEx listing
+ RESEARCH RESEARCH AND RESEARCH
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
April 03, 2021, 11:46:30 AM
#69
It take some time and experience, even though you have plans you have to prepare yourself for worsts case scenario. I mean crypto is different from stock market, you have to be aware if whats going on in the space but off course invest with caution and what you can afford to lose because in crypto there’s no guarantee. You are the captain of your own ship.
full member
Activity: 798
Merit: 100
April 03, 2021, 10:22:31 AM
#68
I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

point 3 is too risky. because of the nature of altcoins when the pump is not all altcoins are able to survive and end up correcting or dumping. so when you get a profit, I don't think you need to be fast to look for large profits. you just need to adapt and take advantage of the existing situation
jr. member
Activity: 1876
Merit: 5
April 03, 2021, 10:16:28 AM
#67
Personally, I believe that the world of the crypto industry provides a unique opportunity to invest in cryptocurrency. And at the moment, I believe that BNB is becoming a very popular coin as everyone has a lot of interest. And it's safe to say that investing in BNB, I think, will be very profitable. Since this coin will bring excellent profits in the near future. And the BNB coin is growing very steadily in value.
sr. member
Activity: 1176
Merit: 282
April 03, 2021, 09:55:30 AM
#66
I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

I think 1% is good for every trade you made. It's called "risk management". It's a good way to trade your money depends on how much money you have.
Taking out your initial capital is also a good way so that you can secure your capital when you can continue to invest the rest.
Yes, I agree some altcoins after they pump suddenly reset and have correction so take profit then buy again after it reset.

1% it's really good, but your portfoliofor this must have 20k dollars. If you have less $, it's don't comfortable do this transactions.
x3 very optimistic, do for example: after 50-70% up fix 20% , and after everyone up 50% next 20% fix.
sr. member
Activity: 882
Merit: 253
April 03, 2021, 08:25:57 AM
#65
I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

I think 1% is good for every trade you made. It's called "risk management". It's a good way to trade your money depends on how much money you have.
Taking out your initial capital is also a good way so that you can secure your capital when you can continue to invest the rest.
Yes, I agree some altcoins after they pump suddenly reset and have correction so take profit then buy again after it reset.
newbie
Activity: 10
Merit: 0
April 03, 2021, 08:07:32 AM
#64
You can easily buy altcoins in India by going to crypto exchange platforms like WazirX, Binance, Unocoin, and many more. All of them are offering services to the seventh-largest country in the world. Although the government here is trying to put a ban on cryptos, people are showing enthusiasm because they have lots of opportunities to earn money with them. Many crypto businesses have emerged here that are getting funded from the ones across the borders. Bitcoin has already made people millionaires in the country. Altcoins could also allow them to profit with time. The future of cryptocurrencies seems to be bright in India.

Sources>>  https://www.cryptoknowmics.com/news/how-to-buy-altcoins-in-india/
legendary
Activity: 3290
Merit: 1128
March 28, 2021, 01:27:37 PM
#63
I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.
My strategy is usually like follows ; Put in only 5% of your portfolio into something new, when you do 2x take out the capital, and keep the profits. This way I had gathered a lot of crypto, right now I sold most of them and only keeping a few, but back in the day I used this method and yes I have lost some money on some of them, but I have also gathered 20+ coins and taken out my capital in all of them and just let them sit there making me profit for a very long time.

I am going to go back to that, but with big coins this time, like top 50 coins if possible, but I keep finding stuff that I think that are cool, not going to name any of them to not sound like a shill, but I like some coins that are in 120-150 range as well. Long story short taking out the capital and leaving the profits in is a great method, I liked it when I did it and I will probably do it again.
legendary
Activity: 2310
Merit: 1422
March 28, 2021, 10:33:09 AM
#62
my 3% altcoin exposure is lowering my overall btc amount today. Most of the famous altcoins are in red waters and I can't wait to swap them for BTC again. Even such a tiny stupid diversification does not help in boosting the bitcoin amount that can be done with it.
100% BTC is the ultimate goal for me in the next few months.
hero member
Activity: 3052
Merit: 606
March 28, 2021, 10:29:25 AM
#61
But I'm not interested in a coin that's hype. I prefer to invest in old coins that have a good history, have a large community and of course a great team. But from some cases especially for a beginner they prefer to invest in a new altcoin which has a higher risk and that is one of the mistakes that need to be avoided.
that's a problem that happens to many people new to crypto. they think all new assets can just be the top assets in the future. Without thinking, investing in a new project is a potential scammer.
choose old assets in the market with clear development and platform like your choice I think is the best choice for new people.
investing in assets that have a strong market foundation is very important, and we can be sure that there is very little risk that we will be exposed to a scam.
Investing into altcoins has always high risks compared to bitcoin but if you know the history of the coins and its good developments, you can reduce the risk from losing. It's not bad to invest 1% into altcoins but if you aim to make profits, invest atleast 10 to 20% so you will be satisfied with the outcome.
full member
Activity: 896
Merit: 100
March 28, 2021, 09:53:20 AM
#60
But I'm not interested in a coin that's hype. I prefer to invest in old coins that have a good history, have a large community and of course a great team. But from some cases especially for a beginner they prefer to invest in a new altcoin which has a higher risk and that is one of the mistakes that need to be avoided.
that's a problem that happens to many people new to crypto. they think all new assets can just be the top assets in the future. Without thinking, investing in a new project is a potential scammer.
choose old assets in the market with clear development and platform like your choice I think is the best choice for new people.
investing in assets that have a strong market foundation is very important, and we can be sure that there is very little risk that we will be exposed to a scam.
legendary
Activity: 2268
Merit: 1655
To the Moon
March 28, 2021, 09:43:04 AM
#59
But I'm not interested in a coin that's hype. I prefer to invest in old coins that have a good history, have a large community and of course a great team. But from some cases especially for a beginner they prefer to invest in a new altcoin which has a higher risk and that is one of the mistakes that need to be avoided.

Investing in old coins is safer than investing in new altcoins. But I am sure that every investor should spend part of their capital on investing in new projects. Participating in public sales or investing in a project at an earlier stage, during a bull market, allows you to earn thousands of percent of the profit that can not be obtained from investing in old coins.
sr. member
Activity: 1974
Merit: 453
March 28, 2021, 09:31:10 AM
#58
Isn't that 1% too small? It should take about 30% to 50% of the portfolio in order to get a lot of profit. But keep in mind that it's already entering altcoin season, so whatever altcoins it seems to me now is the perfect time to buy and hodl.

Perhaps he is talking about the total investment portfolio, which may include real estate, treasury bonds, bank deposits, mutual funds and bullion. Out of this, cryptocurrency may perhaps comprise only 5% or 10% of the volume. And 1% here would mean almost one-fifth of the cryptocurrency portfolio. Given the volatility of the altcoins, I think this is the right amount. In my case, less than 5% of my cryptocurrency portfolio is comprised of altcoins.
full member
Activity: 1120
Merit: 101
March 28, 2021, 09:17:42 AM
#57
Isn't that 1% too small? It should take about 30% to 50% of the portfolio in order to get a lot of profit. But keep in mind that it's already entering altcoin season, so whatever altcoins it seems to me now is the perfect time to buy and hodl.
almost all altcoins have experienced an increase. but what you need to pay attention to is the right momentum. Don't just follow the coins that are in the hype, it can trap your bankroll if you are not a trading professional.
but if he were to focus more on bitcoin with all his investments, I think there would be no problem putting 1% of his money in altcoins. and I'm sure it must be in a pretty good amount.
sr. member
Activity: 1190
Merit: 251
March 28, 2021, 09:11:40 AM
#56
Investing in crypto is very risky because their price is not stable especially if there is no potential and your choice is not longterm you are right you do not have to stake in a single altcoins then you also buy other longterm altcoins such as defi coin the rest of them have potential and longterm.
Are all the Defi coins suitable for buying and holding in the long run? because I only see a few Defi coins that have potential in the long term, because this is related to investment issues, the consideration must also be really clear I think.
full member
Activity: 1946
Merit: 112
March 28, 2021, 05:46:43 AM
#55
I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.


It is very important for me to have a strategy when investing in altcoins, as well as have a clear goal. My strategy is to choose a promising altcoin that has a potential for growth. Next, I calculate its probable future value and mark the price at which I will be ready to sell this crypto asset. Then I wait for the price to rise and sell. In doing so, I adhere to the standard investor rules and try to invest as much as I am willing to lose. I also know about the risks and this allows me to react to the purchase or sale of a crypto asset on time, which allows me not to lose, but to be always in profit.
legendary
Activity: 2982
Merit: 1028
March 28, 2021, 04:06:13 AM
#54
Well I think that in terms of earning and profit, I feel that you need to be not greedy because most of greedy trader and hodlers turns out to lost funds instead of gain and earn profit. Just keep in mind that profit will always be profit no matter how small or big it is.
True, greed will not end with a profit even many have regretted it because those who are greedy always get lucky in the end, so trade wisely and always take profit even though it seems small and not too big.

You always need to act accordingly,  having good disipline matter's most!

If you have this attitude and you understand things in full, your chance to succeed from this venue of investment is quite  much higher, everything depends from how you facilitate your actions, learn how to become more responsive to every action that you take. There's always the right way .
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
March 27, 2021, 08:31:03 AM
#53
I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

Investing when you are ready for everything, ready to lose all your earned money, ready to endure the discomfort and stress... has a lot of things that need you to be ready. This market will eliminate you if you do not understand it, investing in knowledge is a better approach than investing money in this market.
Before you start investing, do not forget to search for much information about the investment and do not think that your investment will give you a big profit in the short term. You should know that every investment has a risk and will depend on how to manage the risk.

If you invest in altcoin and the price explodes and rise higher, you can sell it at once and leave the market for a while because it will be back to the low price for a while. So when you want to buy back the altcoin, you will get a good time to buy it back later. Do not force yourself to wait for the other high price because the altcoin will not always increase after it reaches the high price.
jr. member
Activity: 1876
Merit: 5
March 27, 2021, 06:45:17 AM
#52
Now that the world is developing in the field of the cryptoindustry, many are watching their investments, which bring excellent profits to users. And they, too, are waiting for this bubble to burst. But personally, I believe that there will be a fall in altcoins, but after an indefinite time there will be excellent growth again. Because this is a market and the market is undergoing a lot of changes. And investing will always bring excellent returns to cryptocurrency holders.
full member
Activity: 616
Merit: 100
March 27, 2021, 06:15:37 AM
#51
I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

Well I think that in terms of earning and profit, I feel that you need to be not greedy because most of greedy trader and hodlers turns out to lost funds instead of gain and earn profit. Just keep in mind that profit will always be profit no matter how small or big it is.
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