Topic: Investment advice please - page 2. (Read 1220 times)
I think that 10 altcoins its pretty much to invest because you need to research all of them and to keep in touck with the news regarding thme. That will take a pretty big amount of time. I personally invest only in 3-4 altcoins.
One of your first biggest mistakes is investing your money into simultaneous coins without even knowing it, you should just invested 90% of that money in some crypto or altcoin that you think will be long term and the rest of the 10% of your money is try to learn trading how it works and how it flows from the volume of it's trade and news about that altcoin/crypto currency as far as i know altcoin is only good for short term and none of it last even a year so its better to invest your money in a long term digital currency and the of your remaing money is to make altcoin as quick money income.
Ethereum, Basic Attention Token, Zencash you can invest in this altcoins. You can hold a year or two
If you are a newbie, start first by trading using BTC and USDT only. Learn how their price pattern work. Next add ETH in the list if you are already making profits. Learn how to play with the 3 crypto. This is the basic.
Thats good Investment for a newbie, all work must be done first at the basic program and always keep it in mind that all the job done will be in basic no matter how hard it is, just remember basic and you will never be in a wrong way.Investment Is all about basic move that you can learn a lot unlike jumping directly, you can't learn a lot of tricks that would help you in the upper rank.just be patient and take it step by step don't be agrressive so that you will be able to catch up all the lessons to be learn.
I need some investment advice from the veterans here if possible.
Earlier this year I executed my plan and took the plunge by investing in 10 altcoins each with an equal amount of dollars, with some bitcoin left over. As this was my first time I made some mistakes in investing at the wrong time, other coins I did OK. I'm currently a little above what I originally invested in and feel quite comfortable for the time being.
Now that some months have past I feel that I would like to increase my position in all the coins I previously invested in which I believe are for the good long term.
However in the past months I have seen some ICO's with good potential and would of liked to have invested in them but couldn't because I wouldn't be sticking to my original plan with the coins I already invested in, and sure enough recently they had increased a lot in value and I could of made a good return. So my instincts were correct and I should of invested in some additional coins. I know it is said the FOMO is a strong feeling but what happens when it is right??
Are 10 alt coins enough to be investing in?
If I spot a good investment opportunity should I invest in more alts eg. from my original 10 up to 15, my worry is when does it end as the hype never ends.
All the coins I have currently invested in are good solid coins with a good long term future but may have already past their strongest growth phase. If I have a good feeling about an ICO which has good upside potential should I dump one from my current portfolio in favour of a newer coin which could explode?
Hard decisions....
Although im not a veteran here in bitcoin I still give you a piece of advise. If you are going to invest please make sure that you do a research about the coin, project, and ICO that you are going to invest. Now a day there many scam, in this industry so you better to be careful. In addition to that it is better if you invest in a trusted coin, those coin who have been prove it self to the market. Earlier this year I executed my plan and took the plunge by investing in 10 altcoins each with an equal amount of dollars, with some bitcoin left over. As this was my first time I made some mistakes in investing at the wrong time, other coins I did OK. I'm currently a little above what I originally invested in and feel quite comfortable for the time being.
Now that some months have past I feel that I would like to increase my position in all the coins I previously invested in which I believe are for the good long term.
However in the past months I have seen some ICO's with good potential and would of liked to have invested in them but couldn't because I wouldn't be sticking to my original plan with the coins I already invested in, and sure enough recently they had increased a lot in value and I could of made a good return. So my instincts were correct and I should of invested in some additional coins. I know it is said the FOMO is a strong feeling but what happens when it is right??
Are 10 alt coins enough to be investing in?
If I spot a good investment opportunity should I invest in more alts eg. from my original 10 up to 15, my worry is when does it end as the hype never ends.
All the coins I have currently invested in are good solid coins with a good long term future but may have already past their strongest growth phase. If I have a good feeling about an ICO which has good upside potential should I dump one from my current portfolio in favour of a newer coin which could explode?
Hard decisions....
Check out energitoken.com and have a look at their whitepaper.
It is all up to you and how confident you feel in investing. If you see the opportunity to invest in an ICO that looks promising and will give you a good return on investment then I would say make a conscious investment. If you are looking for an upcoming ICO to invest in I would recommend looking into Propthereum.io. They are looking at great coin appreciation and you are looking at a great investment!
From what you have said so far in your writing, it seem to me that that you are still trying to figure the whole crypto currency out. What is scary though is that you ara doing the testing with real cash. I will advice you should sell your holding and put money you can lose to trade and invest. With time you figure out what works for you in the end.
O and forget USD if you start trading at exchanges. Only look at the Altcoin - BTC/ETH ratios
If you are a newbie, start first by trading using BTC and USDT only. Learn how their price pattern work. Next add ETH in the list if you are already making profits. Learn how to play with the 3 crypto. This is the basic.
Wish I read this earlier ;-)
I myself now pick the main ones like BTC and ETH and invest small amounts in altcoins. Daytrading on exchanges can also payoff however is risky if BTC has anothed bump through the roof
learn it ,,, the best teacher is our own experience ,, all the decisions are in your hands ,, use your feelings ,,,
Spread your money in more than 10 coins that look promising. You have to do your own digging in to that. Than of course if money is not the limit invest in BTC for me it is still the most promising coin for few years.
I see you are getting support by many great sports athletes... Will the SportyFi platform be available for all sports or just some more popular sports (football, basketball, etc..) ?
Ty
Ty
Investing in 10 coins is already impressive IMO. If you already have a plan then you should stick to it. Deviating from it by adding new altcoins is not so bad. It is only limited by your funds. If you have to dump an altcoin to get another then that is your limit. Don't give in to FOMO. What you might have predicted correct before may not be correct tomorrow. Research and patience is key. You're in it for the long haul so take it slow and steady.
As a kinda expirienced investor i can you you the best advice. Dont put all your money into 1-3 coins, spread it into 20-30, and put them inside 10-20 wallets. This way you can save your deposits more succesfully. And i would say also, dont put the money only into cryptocurrency. 
Why 10? Not 12 or 8. When you choose 10 coin there are good coins left behind for sure. More coin is not less profit. All market grows together.
First, Before investing make alot of reading/make a reading practice. if you have enough money to invest with you should know the risk of it and price of it.
It is hard to Invest in ICO as there are alot of ICO in the market right now which hard to determine which one is worth-it. read their white paper and check the developer.
second, remember this it is the basic of all investment "Invest only what you can afford to lose"
It is hard to Invest in ICO as there are alot of ICO in the market right now which hard to determine which one is worth-it. read their white paper and check the developer.
second, remember this it is the basic of all investment "Invest only what you can afford to lose"
If I'm suggest to investment that is not for appropriate advice because you should check out I'm just give you some advice if you want to make money online you should learn about coin market and analyse whice coin is a better for investment and those coin you must buy and sometimes latter you sell those coin.
If you are a newbie, start first by trading using BTC and USDT only. Learn how their price pattern work. Next add ETH in the list if you are already making profits. Learn how to play with the 3 crypto. This is the basic.
I am looking to create an ICO announcement thread here on bitcointalk. Looking for any one who provide that service I will appreciate it. Or I can get your junior member thread. Please contact me at @BoonTech (telegram handle)
Jump to: