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Topic: Cryptocurrency Portfolio Strategy for Beginners: 100% Simple, Safe and Effective - page 2. (Read 350 times)

jr. member
Activity: 83
Merit: 1
Peace and love
FYI, this is not a financial advice. This is solely my opinion. I hope it can give you a good insights.

This strategy requires a little work. Let's assume you have $1000 as a capital.

You invest 50% of your capital in Bitcoin, in this case it's $500. Why Bitcoin? Because Bitcoin can evolve into a credible alternative to gold as a store of value. Bitcoin is also scarce. In order for something to be valuable, let alone be a good form of money, it needs to be scarce. Bitcoin total supply will only be 21 million in total, nothing more. Bitcoin also the Godfather of all crypto, its market capitalization and dominance is number 1. It's been here for 10 years.

You invest 25% of your capital in EOS. Yes, EOS. I am not shilling EOS, FYI. A lot of people doesnt know what power behind EOS, a lot of people think that it is just an ordinary blockchain like others. But what they dont know is that, EOS is the largest blockchains in dapp ecosystem, check dappradar.com for your reference. For me, i think of it as a usecase. Developers are building dapps under EOS. This is huge, to be honest. What's the use of blockchain if nobody is using it right? It's number 5 in market capitalization, so it is safe as well, more stable and proven.

You invest 25% of your capital in BNB. Yes, Binance Coin. Because it has strong fundamental developments surrounding Binance. Yeah they got hacked lately but Binance Coin remains strong, price as of writing still at $23.  Why BNB? Because of their strong fundamental developments, they launched Binance Chain, they said it will not compete against Ethereum but who knows right? I believe soon they will launch their smart contracts, which will be direct competitor of Ethereum. Binance chain is more faster than Etherum. I believe Binance Chain will be the next Ethereum so i think BNB will go higher. Plus, they are doing a quarterly coin burn which makes BNB scarce moving forward.

Summary:
$1000 investment
$500 BTC
$250 EOS
$250 BNB

Advantage: You only bet on crypto that has solid fundamental usecase and potential.

Disadvantage: The more stable the market, the lower the profits. However, their potential might be higher. Patience is a virtue. Good things happen to people who wait.


-marycrazy08
If you could share me some Merit, would be much appreciated, i will be more inspire and do research to share here in our community Cheesy
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