Topic: How to make an effective crypto portfolio? (Read 643 times)

Your advice is almost perfect with the current state of the cryptocurrency market.  Although if confidence in Bitcoin and Ethereum is high, then with regard to altcoin you need to be very careful and make the right choice, because among all altcoin there are very risky coins and coins with bad potential.

This is the mistake that we usually make when we look at bitcoin, we think we must have all the money to buy a whole full bitcoin before we can make investment, but when it comes to bitcoin investment, we should know that the price of bitcoin is still very low compared to what the value would be in some years to come when bitcoin is fully developed, we need to start looking beyond these bull run value we have been seeing, if we can think beyond that, then we will know that we can invest with any little amount we can afford to invest with in bitcoin, and watch as it turns to fortune for us when we leave it for like a decade.

Imagine buying bitcoin worth $1000, and then it turns to $50k when bitcoin reaches $1 million in future, is that not a great achievement?

Spend 50% of your capital on BTC and ETH. The remaining 50% select new altcoin of small value for investment to increase the highest possible profit. This is the way I have done in the past to optimize the profit for my investment.

If you create a portfolio for at least several years, then you can fill Bitcoin at 50 or 70%.  But if you take into account the current price of Bitcoin and ETH, then it is best to choose ETH for most of its portfolio, and distribute everything else between BTC and other altcoin.

Just go for the most profitable one and it also can be an effective portfolio.

I would say just fill 60 to 70% of it with bitcoin and only remaining for altcoins and better avoid low market cap coins for some obvious reasons.

Yes, bitcoin is the best coin to invest in but if you need more profits, then altcoins are much better. Bitcoin can to to 2x from here in few months while altcoins can give us 2x or more in less than a month also. The best portfolio is the combination of bitcoins and good altcoins. I would suggest you to invest in top 20 altcoins.

Bitcoin is the most important coin. You had to invest in it in the first place. In the long run, it shows excellent results. It's never too late to buy it. But with the rest coins need to be cautious.

That's pretty much what most noobies do, so I'm not surprised at all. They buy in hoping that one of these coins will replace Bitcoin because they are faster and cheaper to use.

Bitcoin is the perfect hedge against how unstable altcoins are for people caring about their BTC ratios. Sure, there are times where altcoins do shine, but it's impossible to know beforehand when the right time is to buy yourself into an altcoin.

I have seen and heard so much nonsense about a looming altcoin season in the last couple of months, that I feel sorry for how stupid people really can be. Altcoin season will kick in when nobody expects it to kick in, that's how it works.

Lol, ain't know what a kind of portfolio is that. But we can't blame OP of his choice, that's the reason why OP asking a question on us that literally obvious he didn't know how bitcoin works rather than choosing altcoins.
@OP, obviously you should add this highly volatile crypto coin on your portfolio because this bitcoin might give you a better profit if you are patiently waiting on it. Go to the https://coinmarketcap.com/ and find the top 5 altcoins there including bitcoin and add in your portfolio, I think that is much better.

Dont know why you have missed on including bitcoin into your portfolio and since you are aiming for HODL then BTC would be the best choice to have in your bags.
Choosing up on what you would tend to hold depends on yours though but you shouldnt forget on the KING or main crypto we do know.
Among on the list you have collected or been holding i can say that it is a pretty good one.

That is true, but I doubt for those people who comes to crypto investment and bring a little money to investing and he chooses bitcoin for the main investment place. The price of bitcoin has a high price now comparing to the price of ETH or LTC whereas some people wants 1 amount at least to having a coin so as they only choose cryptocurrencies that have a potential and must have at least 1 amount such as 1 amount of ETH. Moreover when they intend to start for trading, I guess one amount of ETH is really profitable comparing we have 0.04 BTC.

In order to create a successful portfolio, it is necessary to carry out detailed research and to have a good command of the investment area, options and other factors. In order to invest in a risky sector or to create a portfolio in particular, we should be in good knowledge by conducting detailed research and follow the developments of the invested options very well. In addition, when creating a portfolio, the options should be broadly defined, not just a few options. On the other hand, if the investments are long-term, the most powerful and reliable options of the market should be preferred. In short term investments, the market should be followed carefully and not being greedy or emotional.

What?!
You have Ethereum and Litecoin but yet didnt come up into buying bitcoin first?
That should be the basics of all basics if you are entering the crypto field.
BTC first and I am sure you will be delighted later.

Cryptocurrency is a digital currency, which uses encryption techniques to verify the transfer of funds and regulate the generation of units of currency, making it difficult to counterfeit. It is faster, secure, and cheaper than regular currencies. This is why cryptocurrencies are better than regular currencies. Cryptocurrencies have global acceptance. Because of this, conducting transactions becomes easier with these digital currencies. Transactions are simplified with private and public keys for privacy and security purposes. These currencies are used to make payments for online trading.

https://goldbitscoin.com/

Obviously, You should add BTC on your holdings. and generally, I suggest people hold at least 70% BTC+USD of his total holdings. So you can hold approx 40% BTC and then try to hold rest of altcoin. If you have not BTC and USD on your portfolio then you will feel very foolish when the market will crash. Now it's your own choice that you will add BTC or not. Good luck

To create a portfolio, evaluate any coin; check its market cap, total supply and circulation supply. Now check how it relates to the coin, which has a similar market cap. With this observation, you’ll have an idea on how the value of coin will change in the future. Gauge how circulation supply is expanding. The total supply will show how many coins can ever be mined.

Study its team and advisors. Check when the ICO took place and the number of team members they are employing.

Try digging through their public code repositories.

Go through their white paper and find what their key indicators are trying to depict. At last, find if an active community is supporting the coin or not.

To make an effective crypto portfolio the investment needs to be diversified on different assets. Before making an investment needs to be clear about the time period to hold the respective assets. Separate portfolio for long term and short term holding seems to be the better choice.

The largest percentage needs to be allocated for bitcoin and the second largest percentage needs to be allocated for the top altcoins. Rest can be spend on altcoins with increased trading volume and low price.

That is pretty good reply. I think what matters the most when it comes to building a great and effective portfolio is how diversified you are and how quick you with the market signals. You need to have the asset that is has the most profitability and least risk attached. In addition, you have to be mindful about liquidity as well.

Educate yourself

Don’t worry, cryptocurrencies are here to stay, and you will not miss out if you take some time to first educate yourself. Investing without knowledge is equivalent to gambling. Take the time to become familiar with the field of cryptocurrencies.

Join a trading community

Networking is crucial for building a great portfolio. I progressed most when I joined a good cryptocurrency community. I joined “enchancedinvestor” when I was starting out and I’m still an active member of it. I suggest joining , because it’s awesome. Our analysts are amazing, they provide our community with great calls every day. You will have the opportunity to learn a lot from the meaningful discussions.

Invest

Eventually, you will have to start investing yourself if you wish to really understand the market. You will need to have many sucessful investments if you wish to have a “strong portfolio”. However, don’t be intimidated by the market. Educate yourself, start with smaller amounts of money and you will get a feel of the market.

Crypto-world involment

You could start writing articles and blogs about cryptocurrencies. This way, you will constantly be learning new information regarding the cryptocurrency market.

If writing articles is not your thing, start following more cryptocurrency articles. You will see what different people think about the cryptocurrency trends.

There are many more ways to be more involved in the crypto-community. If following articles and writing them isn’t your thing, find something else related to the field.

The important thing is that you are always learning new information regarding cryptocurrencies and gaining new experience.

I saw your portfolio and I'm a bit surprised that you don't have Bitcoin in your portfolio.

Don't you know that Bitcoin outperformed all of the altcoins in the past weeks and it increased its dominance. If you only put a huge percentage of your capital in Bitcoin the you are in a larger profit right now compare to what you are holding right now. Anyway, in the long run you can get profits on ETH and LTC. No idea on the other one coin which just came in the coinmarketcap out of nowhere. I suggest you hold other coins (diversification).