Topic: Bitcoin Investment Strategy --- Advice needed from Old / Pro members (Read 157 times)

Hi guys! I'm seeking for an advice if what I'm planning to do before the year ends will be good or not.

Investment #1:

* I have a day job (work) as an acctg. supervisor which I will allocate P5k to P10k per month to savings.

* 50% of my savings will be allocated to my bank acct. (save) and the other 50% which I'm planning to store thru a bitcoin wallet --- yes, I will HODL (hold) those coins until the price surge up or meet my target increase. The reason behind this plan is that, I became aware and notice (I did not take BTC seriously back then) the sudden increase of its value. As far I can remember, I earned my first BTC which is 0.2 = P2.5k last Sept. 2016, if I hold it then I already have P60k within 1 year only (I need to cash it out due to an emergency) Imagine if I put it in a bank account (P2.5k) it might earn only cents or worst, none.

Will this plan work out if I store it thru coins.ph? (I will buy BTC right away and wont store in a peso wallet). Will the BTC value increase when the time comes? Is there a good or alternative  wallet for us pinoys aside from coins.ph?

Investment #2:

* Even though I'm working, I keep myself active joining a signature campaign.

* 50% of my earnings thru sig campaign will be allocated on trading, I'm planning to do day-trading again. But, I'm on a 50/50 decision right now due to my past experience. Also, add to the fact that I have a work, I could not monitor it from time to time. Does weekly or monthly trading is advisable to do so as an alternative?

* 30% will be used in joining ICO's. Aside from joining airdrops and bounty, I also plan to buy them. Given that the project roadmap, whitepaper sounds good and the devs are already an accomplished team that have succesful projects in the past.

* Remaining 20% personal use.

Note: I'm also planning to invest on mining and currently seeking for cheap GPU's that is best to mine cryptonight (XMR) or ETH (Aside from Gilmore, kindly advise where can I buy those, please). I will also consider new coins with low diff. as long they are profitable. But, this is a different story. I will going to find a way to make room for it.

So, what do you guys think? Your advice will be appreciated! Thanks in advance!