Topic: Diversify Your Cryptocurrency Portfolio - Altcoins for future (Read 410 times)
I think diversification is very good but one need to be looking into new set of asset now, the whole Cryptocurrency market was brought down and not one project was immuned to this trend, For me the only hedge one has in the space is just between Bitcoin and the ALtcoins
Now there are a lot of analogues based on the ether and not worse, let's say neo. Cardano with nano and stratis is also a promising investment. Do not consider only top coins with high capitalization, look for something interesting on the market.
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Diversify Your Cryptocurrency Portfolio - Altcoins for future
The experts generally agree that the future of cryptocurrencies is up in the air. It's still being written and we don't know where it will all go. Bitcoin may not be top dog forever. It would actually be quite surprising if it did! There are new innovations all the time and one of these innovations may render Bitcoin useless or irrelevant. To protect your investment it is advised to diversify across between 6 to 12 different cryptocurrencies. This way, if anything happens to Bitcoin you won't lose everything. Not only this, but it allows you to take advantage of some stellar returns on the newer, more speculative altcoins. As we all know Market is in the bearish trend now and its a awesome opportunity to diversify portfolio. If u are involved in cryptocurrency there are some undervalued altcoins which have good tech and future.
following are my favorite cryptocurrency
1. Bitcoin
Last year bitcoin crossed 19345$ on market and on of the most dominated cryptocurrency on CMC. Still there are massive number of people who don't know what cryptocurrencies are. When they do, the first they hear about is Bitcoin. If they were to invest, they would most likely invest in Bitcoin first and foremost. For this reason alone, I believe that Bitcoin is going to experience amazing growth in 2018.
Current Price: $8751 USD
1 Year Prediction: $50,000 USD
2. Ethereum
More than just a cryptocurrency, this is the premiere blockchain which processes Smart Contracts. Used extensively in ICOs. Has some issues, but there are very intelligent people working on solving them. Once people learn about Bitcoin, the next crypto they find out about is generally Ethereum. This alone will help prop up the price in 2018.
Current Price: $657 USD
1 Year Prediction: $2500 USD
3. Litecoin
This is one of the original Alt-Coins. I've been a huge fan of Litecoin since the early days. Let's compare it to Bitcoin. Litecoin is more innovative, faster and requires less electricity to mine compared to Bitcoin. Litecoin is designed to have four times as many coins as Bitcoin. It's much more practical as a medium of exchange than Bitcoin. It has been said that Litecoin is to Bitcoin as Silver is to Gold. It should probably be valued at at least 1/10th the price of Bitcoin but price doesn't always follow functionality. You have to take popularity into consideration too.
Current Price: $300 USD
1 Year Prediction: $1000 USD
4. Monero
This one is a solid alt-coin as well. The main point is that Monero is way more anonymous than Bitcoin. This will obviously appeal to a certain demographic. In the past year it has increased in value by over 15x.
Current Price: $233 USD
1 Year Prediction: $850 US
Which cryptocurrencies and new altcoins do you like to add to your portfolio in for 2018 and why?
check out this post made by me i will be making my another prediction post on 22+ coin soon which will rise and give more profit at the end of 2018.
Do you even know what demographic means? tell me that you didn't post this quote in this topic as your own writing.
Quote
Diversify Your Cryptocurrency Portfolio - Altcoins for future
The experts generally agree that the future of cryptocurrencies is up in the air. It's still being written and we don't know where it will all go. Bitcoin may not be top dog forever. It would actually be quite surprising if it did! There are new innovations all the time and one of these innovations may render Bitcoin useless or irrelevant. To protect your investment it is advised to diversify across between 6 to 12 different cryptocurrencies. This way, if anything happens to Bitcoin you won't lose everything. Not only this, but it allows you to take advantage of some stellar returns on the newer, more speculative altcoins. As we all know Market is in the bearish trend now and its a awesome opportunity to diversify portfolio. If u are involved in cryptocurrency there are some undervalued altcoins which have good tech and future.
following are my favorite cryptocurrency
1. Bitcoin
Last year bitcoin crossed 19345$ on market and on of the most dominated cryptocurrency on CMC. Still there are massive number of people who don't know what cryptocurrencies are. When they do, the first they hear about is Bitcoin. If they were to invest, they would most likely invest in Bitcoin first and foremost. For this reason alone, I believe that Bitcoin is going to experience amazing growth in 2018.
Current Price: $8751 USD
1 Year Prediction: $50,000 USD
2. Ethereum
More than just a cryptocurrency, this is the premiere blockchain which processes Smart Contracts. Used extensively in ICOs. Has some issues, but there are very intelligent people working on solving them. Once people learn about Bitcoin, the next crypto they find out about is generally Ethereum. This alone will help prop up the price in 2018.
Current Price: $657 USD
1 Year Prediction: $2500 USD
3. Litecoin
This is one of the original Alt-Coins. I've been a huge fan of Litecoin since the early days. Let's compare it to Bitcoin. Litecoin is more innovative, faster and requires less electricity to mine compared to Bitcoin. Litecoin is designed to have four times as many coins as Bitcoin. It's much more practical as a medium of exchange than Bitcoin. It has been said that Litecoin is to Bitcoin as Silver is to Gold. It should probably be valued at at least 1/10th the price of Bitcoin but price doesn't always follow functionality. You have to take popularity into consideration too.
Current Price: $300 USD
1 Year Prediction: $1000 USD
4. Monero
This one is a solid alt-coin as well. The main point is that Monero is way more anonymous than Bitcoin. This will obviously appeal to a certain demographic. In the past year it has increased in value by over 15x.
Current Price: $233 USD
1 Year Prediction: $850 US
Which cryptocurrencies and new altcoins do you like to add to your portfolio in for 2018 and why?
check out this post made by me i will be making my another prediction post on 22+ coin soon which will rise and give more profit at the end of 2018.
Do you even know what demographic means? tell me that you didn't post this quote in this topic as your own writing.
The experts generally agree that the future of cryptocurrencies is up in the air. It's still being written and we don't know where it will all go. Bitcoin may not be top dog forever. It would actually be quite surprising if it did! There are new innovations all the time and one of these innovations may render Bitcoin useless or irrelevant. To protect your investment it is advised to diversify across between 6 to 12 different cryptocurrencies. This way, if anything happens to Bitcoin you won't lose everything. Not only this, but it allows you to take advantage of some stellar returns on the newer, more speculative altcoins. As we all know Market is in the bearish trend now and its a awesome opportunity to diversify portfolio. If u are involved in cryptocurrency there are some undervalued altcoins which have good tech and future.
following are my favorite cryptocurrency
1. Bitcoin
Last year bitcoin crossed 19345$ on market and on of the most dominated cryptocurrency on CMC. Still there are massive number of people who don't know what cryptocurrencies are. When they do, the first they hear about is Bitcoin. If they were to invest, they would most likely invest in Bitcoin first and foremost. For this reason alone, I believe that Bitcoin is going to experience amazing growth in 2018.
Current Price: $8751 USD
1 Year Prediction: $50,000 USD
2. Ethereum
More than just a cryptocurrency, this is the premiere blockchain which processes Smart Contracts. Used extensively in ICOs. Has some issues, but there are very intelligent people working on solving them. Once people learn about Bitcoin, the next crypto they find out about is generally Ethereum. This alone will help prop up the price in 2018.
Current Price: $657 USD
1 Year Prediction: $2500 USD
3. Litecoin
This is one of the original Alt-Coins. I've been a huge fan of Litecoin since the early days. Let's compare it to Bitcoin. Litecoin is more innovative, faster and requires less electricity to mine compared to Bitcoin. Litecoin is designed to have four times as many coins as Bitcoin. It's much more practical as a medium of exchange than Bitcoin. It has been said that Litecoin is to Bitcoin as Silver is to Gold. It should probably be valued at at least 1/10th the price of Bitcoin but price doesn't always follow functionality. You have to take popularity into consideration too.
Current Price: $300 USD
1 Year Prediction: $1000 USD
4. Monero
This one is a solid alt-coin as well. The main point is that Monero is way more anonymous than Bitcoin. This will obviously appeal to a certain demographic. In the past year it has increased in value by over 15x.
Current Price: $233 USD
1 Year Prediction: $850 US
Which cryptocurrencies and new altcoins do you like to add to your portfolio in for 2018 and why?
following are my favorite cryptocurrency
1. Bitcoin
Last year bitcoin crossed 19345$ on market and on of the most dominated cryptocurrency on CMC. Still there are massive number of people who don't know what cryptocurrencies are. When they do, the first they hear about is Bitcoin. If they were to invest, they would most likely invest in Bitcoin first and foremost. For this reason alone, I believe that Bitcoin is going to experience amazing growth in 2018.
Current Price: $8751 USD
1 Year Prediction: $50,000 USD
2. Ethereum
More than just a cryptocurrency, this is the premiere blockchain which processes Smart Contracts. Used extensively in ICOs. Has some issues, but there are very intelligent people working on solving them. Once people learn about Bitcoin, the next crypto they find out about is generally Ethereum. This alone will help prop up the price in 2018.
Current Price: $657 USD
1 Year Prediction: $2500 USD
3. Litecoin
This is one of the original Alt-Coins. I've been a huge fan of Litecoin since the early days. Let's compare it to Bitcoin. Litecoin is more innovative, faster and requires less electricity to mine compared to Bitcoin. Litecoin is designed to have four times as many coins as Bitcoin. It's much more practical as a medium of exchange than Bitcoin. It has been said that Litecoin is to Bitcoin as Silver is to Gold. It should probably be valued at at least 1/10th the price of Bitcoin but price doesn't always follow functionality. You have to take popularity into consideration too.
Current Price: $300 USD
1 Year Prediction: $1000 USD
4. Monero
This one is a solid alt-coin as well. The main point is that Monero is way more anonymous than Bitcoin. This will obviously appeal to a certain demographic. In the past year it has increased in value by over 15x.
Current Price: $233 USD
1 Year Prediction: $850 US
Which cryptocurrencies and new altcoins do you like to add to your portfolio in for 2018 and why?
Analyzing your comment, the words are well placed and also interesting, but in my opinion Litecoin and Monero need to reformulate their structures if they want to stay in the top 10, coins such as: NEO, Waves, Qtum, Stratis, Zcash are working all the time, to have improvements in their structures and platforms and this is an aspect that will be charged in future, which is quality.
Update on monero you may find useful here is the link
https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/
also they are coming up with hardfork MoneroV. Recently few exchanges stopped monero trading on their platform due to its anonymous specifications and CoinEx one of them. Now CoinEx opened it's door again for monero deposit and trading also they will going to support monero hardfork moneroV
The experts generally agree that the future of cryptocurrencies is up in the air. It's still being written and we don't know where it will all go. Bitcoin may not be top dog forever. It would actually be quite surprising if it did! There are new innovations all the time and one of these innovations may render Bitcoin useless or irrelevant. To protect your investment it is advised to diversify across between 6 to 12 different cryptocurrencies. This way, if anything happens to Bitcoin you won't lose everything. Not only this, but it allows you to take advantage of some stellar returns on the newer, more speculative altcoins. As we all know Market is in the bearish trend now and its a awesome opportunity to diversify portfolio. If u are involved in cryptocurrency there are some undervalued altcoins which have good tech and future.
following are my favorite cryptocurrency
1. Bitcoin
Last year bitcoin crossed 19345$ on market and on of the most dominated cryptocurrency on CMC. Still there are massive number of people who don't know what cryptocurrencies are. When they do, the first they hear about is Bitcoin. If they were to invest, they would most likely invest in Bitcoin first and foremost. For this reason alone, I believe that Bitcoin is going to experience amazing growth in 2018.
Current Price: $8751 USD
1 Year Prediction: $50,000 USD
2. Ethereum
More than just a cryptocurrency, this is the premiere blockchain which processes Smart Contracts. Used extensively in ICOs. Has some issues, but there are very intelligent people working on solving them. Once people learn about Bitcoin, the next crypto they find out about is generally Ethereum. This alone will help prop up the price in 2018.
Current Price: $657 USD
1 Year Prediction: $2500 USD
3. Litecoin
This is one of the original Alt-Coins. I've been a huge fan of Litecoin since the early days. Let's compare it to Bitcoin. Litecoin is more innovative, faster and requires less electricity to mine compared to Bitcoin. Litecoin is designed to have four times as many coins as Bitcoin. It's much more practical as a medium of exchange than Bitcoin. It has been said that Litecoin is to Bitcoin as Silver is to Gold. It should probably be valued at at least 1/10th the price of Bitcoin but price doesn't always follow functionality. You have to take popularity into consideration too.
Current Price: $300 USD
1 Year Prediction: $1000 USD
4. Monero
This one is a solid alt-coin as well. The main point is that Monero is way more anonymous than Bitcoin. This will obviously appeal to a certain demographic. In the past year it has increased in value by over 15x.
Current Price: $233 USD
1 Year Prediction: $850 US
Which cryptocurrencies and new altcoins do you like to add to your portfolio in for 2018 and why?
following are my favorite cryptocurrency
1. Bitcoin
Last year bitcoin crossed 19345$ on market and on of the most dominated cryptocurrency on CMC. Still there are massive number of people who don't know what cryptocurrencies are. When they do, the first they hear about is Bitcoin. If they were to invest, they would most likely invest in Bitcoin first and foremost. For this reason alone, I believe that Bitcoin is going to experience amazing growth in 2018.
Current Price: $8751 USD
1 Year Prediction: $50,000 USD
2. Ethereum
More than just a cryptocurrency, this is the premiere blockchain which processes Smart Contracts. Used extensively in ICOs. Has some issues, but there are very intelligent people working on solving them. Once people learn about Bitcoin, the next crypto they find out about is generally Ethereum. This alone will help prop up the price in 2018.
Current Price: $657 USD
1 Year Prediction: $2500 USD
3. Litecoin
This is one of the original Alt-Coins. I've been a huge fan of Litecoin since the early days. Let's compare it to Bitcoin. Litecoin is more innovative, faster and requires less electricity to mine compared to Bitcoin. Litecoin is designed to have four times as many coins as Bitcoin. It's much more practical as a medium of exchange than Bitcoin. It has been said that Litecoin is to Bitcoin as Silver is to Gold. It should probably be valued at at least 1/10th the price of Bitcoin but price doesn't always follow functionality. You have to take popularity into consideration too.
Current Price: $300 USD
1 Year Prediction: $1000 USD
4. Monero
This one is a solid alt-coin as well. The main point is that Monero is way more anonymous than Bitcoin. This will obviously appeal to a certain demographic. In the past year it has increased in value by over 15x.
Current Price: $233 USD
1 Year Prediction: $850 US
Which cryptocurrencies and new altcoins do you like to add to your portfolio in for 2018 and why?
Analyzing your comment, the words are well placed and also interesting, but in my opinion Litecoin and Monero need to reformulate their structures if they want to stay in the top 10, coins such as: NEO, Waves, Qtum, Stratis, Zcash are working all the time, to have improvements in their structures and platforms and this is an aspect that will be charged in future, which is quality.
I think, that everything is possible, although right now it is difficult to believe it. But last year showed that growth can be very fast.
1. Oyster Pearl (PRL)
April Mainnet
April 6th Airdrop
2. SONM
April Mainnet
April 6th Airdrop
2. SONM
I agree with NEO, put I prefer Walton to VEN.
For lower cap stuff I like IoT Chain and maybe WePower.
Definitely DYOR, but I think smart contracts, RFID and IoT will all be big, so it's just picking a good coin in those categories.
Definitely Neo and I think VEN And Walton bare going to be huge . I don't follow Walton much but I think there is enough space for both to succeed as the market is massive. between VEN definitely knows how to keep early investors happy For lower cap stuff I like IoT Chain and maybe WePower.
Definitely DYOR, but I think smart contracts, RFID and IoT will all be big, so it's just picking a good coin in those categories.
Good to diversify ones portfolio but your price project IMO are not real, you just project them base on what, there is not solid fundamentals to back them up, Litecoin at $1000 do you know what that means. I think people need to start being realistic in this space because most will just leave disappointed
Hello Topesis, i agree with your comments there are lots of negative signals coming from twitter. Facebook and Google banning ads from cryptocurrency already they have announced officially, may be may be twitter can also move in the same direction i hope this should not happen. This negativity is leading market in bearish trend, but after G20 summit there is a Ray of hope that everything will be fine and will recover. Due to positive news from G20 Summit CMC again looking green and some of coins have already been recovered little bit . Myself being realistic considering the market conditions about my litecoin price speculation of 1000$ & bitcoin price speculation of 50000$ this will not going to take place. But still i have feeling that bitcoin will break last year all time high price record 19535$ and litecoin will reach around 550$ at the Q4 2018.Also i would like to suggest all to diversify their portfolio with best projects they believe in, 2020 will be huge for cryptoworlds. Start diversifying your portfolio there are some undervalued projects which can be huge in 2020 buy and HOLD them. Do your own research to find those undervalued project and invest if you believe in the team and future plans of the project.
Good to diversify ones portfolio but your price project IMO are not real, you just project them base on what, there is not solid fundamentals to back them up, Litecoin at $1000 do you know what that means. I think people need to start being realistic in this space because most will just leave disappointed
Each investor must be able to manage his money and reduce risks. Diversification is an excellent tool to reduce risks / increase profits. There are several different coins in my portfolio. Some of the coins are from TOP-10 and some are young and ambitious projects.
Which are your young and ambitious project whose price is under 1$ now I will be glad to hear about that...
Following are my young and ambitious project in which I am investing now
1) zilliqa
2) IOST
3) ADA
4) BPT
Each investor must be able to manage his money and reduce risks. Diversification is an excellent tool to reduce risks / increase profits. There are several different coins in my portfolio. Some of the coins are from TOP-10 and some are young and ambitious projects.
In my opinion, it is better to make your own research and trust your guts.
The most of the privacy coins are undervalued right now.
The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.
I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.
They are on ICO stage right now and already on the exchanges, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalksearch.org/topic/future-of-privacy-ethereum-meta-foundation-of-anonymous-e-marketplace-2659058
The most of the privacy coins are undervalued right now.
The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.
I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.
They are on ICO stage right now and already on the exchanges, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalksearch.org/topic/future-of-privacy-ethereum-meta-foundation-of-anonymous-e-marketplace-2659058
It is so weird that you also picked all my personal favourite coins. Litecoin is somewhat underestimating coin in my humble opinion but other 3 is going to linger on for many years. I wish there is going to be bigger & better coins.
I like and believe in LTCs price prediction. They are moving in the right way and 1000$ by the end of this year seems to me realistic if the market will stabilize
waves and neo, somehow many people do not see the potential of these two, when it is obvious they are better than ethereum and I am sure both are ethereum's toughest rivals in the future.
Yes I catched some waves and leased recently for the first time will update here if anything good outcome will happen.
Do not loose hope friends, i know this current market is discouraging and heart breaking for most of the investors here but i eould suggest to keep holding and wait for better times ahead.
waves and neo, somehow many people do not see the potential of these two, when it is obvious they are better than ethereum and I am sure both are ethereum's toughest rivals in the future.
1 year prediction bitcoin = $50.000 LOL 
who believes this, those who lost a lot of money and seeking for a little hope. I am realistic, bitcoin can't reach even $20K in one year.
People will not loose money if they don't sell their coins in panic mood. If u see Coinmarketcap historical data every coin go up and go down. If any one sells their coin there are people ready to buy. Market is down and it will recover soon in some time may be it will take month or more than a month but for sure it will recover. Cryptocurrecy is now covering majorlocation of world and lots of people's are now involving. When market is down one must be greedy to get profit. You are saying Bitcoin will not even cross 20k$, I bet you it will cross more than 20k$ in the end of 2018. who believes this, those who lost a lot of money and seeking for a little hope. I am realistic, bitcoin can't reach even $20K in one year.Jump to: