altcoin investment strategy (max amount & amount per coin)

Prodigye

newbie

Activity: 294

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Quote from: Avelache on January 10, 2018, 12:58:59 PM

What do you think would be a good strategy to invest in altcoins?
What total amount would you invest? How many altcoins would you pick? and what amount per altcoin would you invest? Or go for different amounts for each coin?

I'll give an example to make my question(s) a bit more clear. Let's say I want to invest $250 in altcoins. Would it then be a good idea to pick 10 coins and invest $25 in each? Or is it better to pick 5 coins and invest $50 in each?

I think that you should try to find a good coin or token on coinmarketcap that has strong fundamentals or real life usage, do a lot of research on it and invest a percentage of your available fundings in it-around 40% I'd say. If it is gold it will glitter and when it does you will profit off of the hopefully exponential growth.

OgNasty

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Quote from: Avelache on January 10, 2018, 12:58:59 PM

What do you think would be a good strategy to invest in altcoins?
What total amount would you invest? How many altcoins would you pick? and what amount per altcoin would you invest? Or go for different amounts for each coin?

I'll give an example to make my question(s) a bit more clear. Let's say I want to invest $250 in altcoins. Would it then be a good idea to pick 10 coins and invest $25 in each? Or is it better to pick 5 coins and invest $50 in each?

Personally, I think the best strategy for beginners is to mine using their computer's GPU. There's a high probability of recovering your investment through mining or reselling your GPU so it is low risk. It will heat your room during the winter, and it gives you flexibility to mine different coins. This way you aren't left gambling on market pricing as a means of income. It can also be a lot of fun and a great learning experience to get involved with the network instead of gambling on it.

Avelache

newbie

Activity: 42

Merit: 0

What do you think would be a good strategy to invest in altcoins?
What total amount would you invest? How many altcoins would you pick? and what amount per altcoin would you invest? Or go for different amounts for each coin?

I'll give an example to make my question(s) a bit more clear. Let's say I want to invest $250 in altcoins. Would it then be a good idea to pick 10 coins and invest $25 in each? Or is it better to pick 5 coins and invest $50 in each?

Topic: altcoin investment strategy (max amount & amount per coin) (Read 81 times)