Topic: is this a good divide? thanks - page 3. (Read 676 times)
You should invest money top ten crypto-currencies which is good for you. Personally, you should invest 50% in btc and eth. If you have little knowledge of crypto-currency, then you should see the analysis and information of all crypto-currency and then you invest money which you want. If you don’t have little knowledge, then you only invest top five crypto-currencies.
i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
does this make sense?
Why bother with Cardano, and Ravecoin plus other alts when you got your two main assets BTC and ETH? No need to spread that much, specially when you don't have much to allocate to each coin. does this make sense?
My advice, go either 60%-40% BTC:ETH or 80% BTC and 20% ETH. There's no point spreading the little you have to invest over alts when everything else changes relative to those two coins, mainly BTC
i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
does this make sense?
keep in mind im 15 and dont got that much money lol
It's good to diversify our portfolio, so it won't seem like we are placing all our eggs in one basket, from the coins you listed above I know bitcoin and Ethereum and cardano, but I don't really know the ravecoin and I would suggest you replace it with a coin that is even more promising , instead of putting that 15% in ravecoin its better to put it in Near, which is often referred to as a beta version of even ETH 2.0, you mentioned having fun, I don't think it's wise to invest in meme coins they don't have any utility, don't waste your time with them. does this make sense?
keep in mind im 15 and dont got that much money lol
This will not be fun, fun, and completely gambling behavior. I don't know how to obtain information about these coins at your age. But I am glad you know Bitcoin.
If you want to make real profits, 100% Bitcoin, other currencies will not bring you much happiness.
If you want to make real profits, 100% Bitcoin, other currencies will not bring you much happiness.
I've never heard of Ravecoin so I would replace that with something like BNB, Monero, or Matic. $1000 is a lot of money to diversify into a whole bunch of coins. I put aside some amount to invest in something that will give you passive income. There are some platforms like Alpaca Finance which are great for earning passively.
i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
I think %60 bitcoin, %30eth, %10alt coins.
This is a relatively safe allocation ratio.
I might choose more on Bitcoin rather than almost half of your money in altcoins. Bitcoin is more worth than those altcoins during the bull market so I would like to rethink if my decision is right.
And one more thing, ravecoin and cardano might not be worth it than Ethereum itself. So think again before you invest, just look at their market movement and see which is worth it then compare it also to Bitcoin and you will see the big difference.
On decisions like this then it would be mattering on personal preference because we are the ones who do handle out our finances. Just mind of the risk and youre good to go.
Bitcoin should be on prioritize because we know the potential of it on long term aspect.Its just a matter of choice and your decision would be followed in the end.
i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
I think %60 bitcoin, %30eth, %10alt coins.
This is a relatively safe allocation ratio.
I might choose more on Bitcoin rather than almost half of your money in altcoins. Bitcoin is more worth than those altcoins during the bull market so I would like to rethink if my decision is right.
And one more thing, ravecoin and cardano might not be worth it than Ethereum itself. So think again before you invest, just look at their market movement and see which is worth it then compare it also to Bitcoin and you will see the big difference.
i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
does this make sense?
keep in mind im 15 and dont got that much money lol
does this make sense?
keep in mind im 15 and dont got that much money lol
If you are going to hold for a long term, I think at least 80% in bitcoin and 20% for altcoins. Altcoins is good for short term investment and if you are going to put 20% capital for it, I believe you will not just double but triple your investment as long as you have knowledge about this kind of investment.
If we have capital to invest in crypto, especially for beginners, we should only allocate 20% for altcoins. Because too much percentage of buying
altcoins is not good, as we know altcoins are only good for short-term investments. I would also suggest 80% allocation of funds to buy Bitcoin,
besides Bitcoin is very good for long-term investment. Bitcoin has also proven its performance continues to improve every year, so investing in
Bitcoin is more profitable and safe. While some altcoins are very unstable in performance, most altcoins if they have fallen in price will be difficult
to recover.
i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
does this make sense?
keep in mind im 15 and dont got that much money lol
Just for fun? then anything you are trying is okay and also you said your portfolio value is small then I won't deny that trying with altcoins over bitcoin but keep in mind that you may get more profits or less profits in long run so don't compare your portfolio with others. does this make sense?
keep in mind im 15 and dont got that much money lol
i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
does this make sense?
keep in mind im 15 and dont got that much money lol
does this make sense?
keep in mind im 15 and dont got that much money lol
If you are going to hold for a long term, I think at least 80% in bitcoin and 20% for altcoins. Altcoins is good for short term investment and if you are going to put 20% capital for it, I believe you will not just double but triple your investment as long as you have knowledge about this kind of investment.
I would advice OP to remove ravecoin and get BNB, and thats basically fine. That is simply what I am doing right now as well, I do not have that much cardano, but 90% of my money is btc-eth-bnb right now which is nearly close to what OP is suggestion and I am twice his age so I have to say it is definitely a good idea.
However the more important thing here to advice to you OP is that you are only 15 years old, and that means you have so many years ahead, in 15 years you will be 30 which is still quite a young age, and 15 years is a huge period in crypto, from 2014 to 2021 it has been just 7 years and we have seen bitcoin move from under 1k to over 60k at the same period, over 60x increase. I am not saying that you will have another 60x increase in 7 years, but in 15 years you could make 20x easily from just bitcoin, with other small stuff it could be a lot more. So use the time advantage you have very carefully.
However the more important thing here to advice to you OP is that you are only 15 years old, and that means you have so many years ahead, in 15 years you will be 30 which is still quite a young age, and 15 years is a huge period in crypto, from 2014 to 2021 it has been just 7 years and we have seen bitcoin move from under 1k to over 60k at the same period, over 60x increase. I am not saying that you will have another 60x increase in 7 years, but in 15 years you could make 20x easily from just bitcoin, with other small stuff it could be a lot more. So use the time advantage you have very carefully.
I think that 90% bitcoin will be better if you want to get to know about the coins and you are also not that much expert in the field of trading. You should sell it at a good profit, probable will give you less profit and you should enjoy that.
Mostly id depends on the result if you want to do it for you then 100% would be better for Bitcoin and another thing i would prefer is that you should hold it for a long term and if you can't then change your strategy for it, it would be better indeed.
i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
I think %60 bitcoin, %30eth, %10alt coins.
This is a relatively safe allocation ratio.
how about 50:50 for bitcoin and ethereum and forget about having fun. how can buying shitcoin make you happy?. I'm confused about this, I personally can't feel the pleasure of buying shitcoins.
Shibcoins can double your assets several times a day, or make it zero in a day.It's really exciting.
i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
does this make sense?
As we can see, most of all altcoins was relying upon Bitcoin price movement, when Bitcoin goes down all altcoins goes down too. does this make sense?
I suggest giving full support to Bitcoin and I think the most reasonable dividend of investment is 90% for Bitcoin and the rest is for altcoins or as much as possible give the 100% of Bitcoin.
But this is probably a case-to-case basis, for a long-term focus on Bitcoin but if you want more risk and high potential of making a profit go for altcoins which is good for a short time investment. Don't make your money fun and investing in the nonsense altcoin, they aren't worth it to play with.
i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
does this make sense?
keep in mind im 15 and dont got that much money lol
the right composition in my opinion is only bitcoin, cardano, and ethereum. it is very safe and you can be there if you want your money to be safe and not be constrained by a big risk of loss does this make sense?
keep in mind im 15 and dont got that much money lol
cardano bc i belive in the team and its ideology.
look at the price of ADA you can see that while all altcoins have gone up a lot in prices the ADA hasn't increased at all, it's an altcoin that won't bring you big returns in the long run
ravecoin bc when eth stops proof of work its going to be the underdog
there was a time that this altcoin had a big pump in the price
i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
does this make sense?
keep in mind im 15 and dont got that much money lol
Your choice since its your money but i do love the way you do consider out on putting more on bitcoin which is a good idea and on some alts which is also considerable specially with ETH.does this make sense?
keep in mind im 15 and dont got that much money lol
I do also have some high hopes for Cardano too which i did actually hold some of coins too but not really that much on focusing on altcoins and its good that you are already putting up some investment
when you are just still 15.If you do intent to hold for long term then this wouldnt be an easy journey buddy but i wish you luck and try to explore more here on this market.
I'm sure you simply just want to hold it for sometime since it's just for the fun of it, if that's the case then it's all good. You can only get to know how effective your strategy is only after your period of holding is over.
If after that period, you're not satisfied with your profits then you should change strategy. Some would advise that you do bitcoin 100% but you should that there's no way possible bitcoin would have 100% increase in value in a few months. There are, however, some altcoins that can do thus.
If after that period, you're not satisfied with your profits then you should change strategy. Some would advise that you do bitcoin 100% but you should that there's no way possible bitcoin would have 100% increase in value in a few months. There are, however, some altcoins that can do thus.
Jump to: