Firstly, the entire crypto space is witnessing a big bear run after attaining it all-time high in January, 2018. There is no one in the world who can say that the bear run will last till what time. If anyone tells you that the prices will move up in a month, he/she is pronouncing it out of self-interest/negligence. We can only say that the prices are in bear phase and have reached a level where they are consolidating. It can move further down if selling activity increases. Anyways I am sharing my strategy of how I am looking to create my portfolio at these prices.
DISCLAIMER: IT IS NOT AN INVESTMENT ADVICE. I AM ONLY SHARING MY STRATEGY
Please keep these points in mind while:
1) The value of cryptocurrencies is backed by Sentiments and not by fundamentals and hence, strategies applied in Equities/Bond market cannot be applied in the crypto space.
2) I would restrict my portfolio to the top 30 coins. To be honest, there is a lot of filth in the market and I would only trust coins that have repute and established their value in the market.
3) My investment strategy excludes ICO's as there is a lot of opaqueness in the entire process. I know the ICO's can create tremendous wealth but the possibility of your investment going bust is also very high.
Step 1: Filter the coins with High retraction percentage.
| Crypto Name | ATH | ATH Date | Current Value | Fall From High | Retractment Percentage (in %) |
| Bitcoin | $20089.00 | 2017/12/16 (9 months ago) | $6549.76 | $13539.24 (206.71%) | 67.40 |
| Ethereum | $1432.88 | 2018/01/13 (8 months ago) | $223.83 | $1209.05 (540.15%) | 84.38 |
| XRP | $3.84 | 2018/01/04 (8 months ago) | $0.47 | $3.37 (718.98%) | 87.76 |
| Bitcoin Cash | $4355.62 | 2017/12/19 (9 months ago) | $458.33 | $3897.29 (850.32%) | 89.48 |
| EOS | $22.89 | 2018/04/29 (4 months ago) | $5.72 | $17.17 (300.46%) | 75.01 |
| Stellar | $0.93 | 2018/01/04 (8 months ago) | $0.24 | $0.69 (290.06%) | 74.19 |
| Litecoin | $375.29 | 2017/12/18 (9 months ago) | $57.15 | $318.14 (556.63%) | 84.77 |
| Tether | $1.22 | 2015/02/24 (3 years ago) | $1.00 | $0.22 (22.28%) | 18.03 |
| Cardano | $1.32 | 2018/01/04 (8 months ago) | $0.08 | $1.24 (1477.44%) | 93.94 |
| Monero | $495.84 | 2018/01/07 (8 months ago) | $117.69 | $378.15 (321.31%) | 76.26 |
| Dash | $1642.22 | 2017/12/19 (9 months ago) | $203.68 | $1438.54 (706.28%) | 87.60 |
| IOTA | $5.69 | 2017/12/18 (9 months ago) | $0.56 | $5.13 (908.82%) | 90.16 |
| TRON | $0.30 | 2018/01/05 (8 months ago) | $0.02 | $0.28 (1249.95%) | 93.33 |
| NEO | $196.85 | 2018/01/15 (8 months ago) | $18.28 | $178.57 (976.87%) | 90.71 |
| Ethereum Classic | $47.77 | 2017/12/20 (9 months ago) | $11.13 | $36.64 (329.10%) | 76.70 |
P.S. I have analyzed 30 COINS BUT PUT UP STATS ONLY FOR TOP 15 BECAUSE OF IMMENSE WORK TO PUT TABLE. I CANNOT PUT IN IMAGES YET.
Step 2: Coins with good retraction percentage have the highest potential to boom up when the bull run returns.
Step 3: Always track your favorite coins for potential news. News can be major triggers for movements in price. Crypto price movements are decided by the news and one can make real bucks if he is quick to the task. Check ripple whose price has appreciated 40%+ on back of positive news.
You can create a good portfolio if you are a believer in the crypto ecosystem.