Topic: is this a good divide? thanks - page 5. (Read 675 times)
Do what mk suggests and keep learning about crypto. You'll get better with experience if you want to get serious on this matter, there is no shortcut. If you're really just here for fun, then don't expect any gains, or else you'll be heavily disappointed just like those retail investors who buy at the top and sold at the bottom, losing many chances to make decent profits because fomo and etc.
uhh how would i do that?
Reading a lot. Knowing that the cryptocurrency space is pretty much a mixture of technology/innovation and finance, read books and/or articles about both. And when evaluating investment opportunities(crypto or not), simply do a lot of research. There's really no sort of "secret sauce" to this; just a lot of hard work.
I would correct you. You are not only 15 years old, but only 15. This suggests that you are young, and you have everything ahead of you. By buying bitcoin today with all the money you are willing to spend, you will certainly remain in profit. You have time. It can also be advised to buy additional bitcoins at any price regularly. Always remember that age is your trump card.
Well, starting from the fact that in the first stages, investing in bitcoin, you will continue to learn and understand the market deeper, having made some capital and gaining experience, you will have a more realistic idea of what coins you can invest.
Well, starting from the fact that in the first stages, investing in bitcoin, you will continue to learn and understand the market deeper, having made some capital and gaining experience, you will have a more realistic idea of what coins you can invest.
@Poker Player already said it, and you said it's for the fun of it, I think that you should go for the 100% much fun because you are doing an all-in compared to splitting it. You risk losing everything in 100% compared to splitting it in different coins.
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
age doesn't matter mate wherein as long as you know how to handle money for investment you can dive in as well. Infact you have a good choices so it means you make research for it.. Because bitcoin and Cardano have a good news for this coming month so expect there will be a changes on the price. . but yeah it's still good to invest with ETHEREUM as well as its more reliable than other alternative coin in the market.. For me what i can suggest is to make investment with trusted coin wherein stay away for now to some alts because they're not that good compared to the most reliable crypto in the market..like what you said you're just 15 so don't push your self with those unpredictable alts.. Just focus to bitcoin instead at least you are sure that afterwards you can make good return from it. does this make sense?
keep in mind im 15 and dont got that much money lol
then what do you suggest?
I suggest digging A LOT deeper than only knowing the surface-level knowledge of these cryptocurrencies. Investing in general(at least doing it properly), takes a lot of time and work.
uhh how would i do that?
by waiting.
you should have given more for BTC. it's all up to you though. Bitcoin still is the most lucrative coin there is. some investors only go for altcoins is because there is Defi and staking on it which the investors could multiply their tokens. you haves given so much for cardano. it hasn't had anything to this project yet. but you know an altcoin has to go up to $100 before investors wouldn't give importance to it. and it still has something to do with waiting.
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.
then what do you suggest?
I suggest digging A LOT deeper than only knowing the surface-level knowledge of these cryptocurrencies. Investing in general(at least doing it properly), takes a lot of time and work.
uhh how would i do that?
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
If you are 15 and don't have too much money why wasting them on altcoin when you can go all in Bitcoin? You can carry with DCA investment strategy because your %35 allocation to Bitcoin is low and increase it to say 70-80% of your portfolio and rest in others you wish to do so.If you are seeking any advice then it would be Bitcoin being the top most priority here.As you said you are just 15 and you can stack Bitcoin with how much you can but keep in mind the fees which could eat up the relatively low amount of transaction and say you have $200 then go for $120-$150 in btc and just other to alts.By the time you will be 20 your these small investment will build your enough net worth and you will be happy with your decision.Make choices but the wise ones at early age because we have not done so so just guiding you. does this make sense?
keep in mind im 15 and dont got that much money lol
then what do you suggest?
I suggest digging A LOT deeper than only knowing the surface-level knowledge of these cryptocurrencies. Investing in general(at least doing it properly), takes a lot of time and work.
"Investment" demands long term good performance which can only happen with real world adoption due to having real world utility. The altcoins have none of that, they don't have long term potential simply because they don't have any real world utilities. For example take ETH, it is only used to create scam ICOs and other fund raising schemes to make quick money. For the past 4 years from 2017 ETH has been dumping consistently exactly because of this.
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
There is no formula on how to divide your money on crypto, still up to you to manage it.
But I would say that majority of investors here are into BTC, maybe 60% or higher, at least in my case.
I do hope that you take it seriously though and not for fun, after all it involves your hard earn money.
I will put more than 50-60%+ in bitcoin and the rest to anything that I want to for altcoins.
Lesser on bitcoin doesn't make sense.
Add more to bitcoin as it is always the best strat.
Lesser on bitcoin doesn't make sense.
Add more to bitcoin as it is always the best strat.
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
what do you mean just having fun? why not use for more promising coins. I personally only invest in two coins namely bitcoin and ethereum. will never try to buy shitcoin for whatever reason. and maybe you can do it like that. it will be awesome in time.
oh no im not going to do that, i meant like small coins like dogecoin, cosmos etc idk yet tbh i dont like gambiling obivlsy AT ALL, but i mean like small cryptos that are just short term bc ik when bitcoin and eth finaly become have a return it wont be much since im starting pretty late
Well prices of the altcoins are low, if you think there are chances of them going up in the coming weeks then you are looking forward to profiting after its prices spike. If it starts to decline a bit just sell them all for ETH or BTC. These two are the most advantageous for investors, forget all when all are crashing down.
Maybe you know something and I don't know what ravecoin has as a technological advantage to climb up the rank with good value.
Maybe you know something and I don't know what ravecoin has as a technological advantage to climb up the rank with good value.
well if i invest in bitcoin i would make what? double and a bit more (however it is more stabile than any other coins) so i think that puting a good chunck is good just so i get my money back if anything happens to the others.
i want to invest in eth bc i belive in staking
cardano bc i belive in the team and its ideology.
ravecoin bc when eth stops proof of work its going to be the underdog
the alts for fun and to see if i make any money off of them
now does it make sense?
i want to invest in eth bc i belive in staking
cardano bc i belive in the team and its ideology.
ravecoin bc when eth stops proof of work its going to be the underdog
the alts for fun and to see if i make any money off of them
now does it make sense?
I'm not saying that this is a bad decision(time will tell), but if those are your only reasons for "investing" in those coins, then it's definitely really really flawed. It seems like something you just thought of in 30 minutes.
then what do you suggest?
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
what do you mean just having fun? why not use for more promising coins. I personally only invest in two coins namely bitcoin and ethereum. will never try to buy shitcoin for whatever reason. and maybe you can do it like that. it will be awesome in time.
well if i invest in bitcoin i would make what? double and a bit more (however it is more stabile than any other coins) so i think that puting a good chunck is good just so i get my money back if anything happens to the others.
i want to invest in eth bc i belive in staking
cardano bc i belive in the team and its ideology.
ravecoin bc when eth stops proof of work its going to be the underdog
the alts for fun and to see if i make any money off of them
now does it make sense?
i want to invest in eth bc i belive in staking
cardano bc i belive in the team and its ideology.
ravecoin bc when eth stops proof of work its going to be the underdog
the alts for fun and to see if i make any money off of them
now does it make sense?
I'm not saying that this is a bad decision(time will tell), but if those are your only reasons for "investing" in those coins, then it's definitely really really flawed. It seems like something you just thought of in 30 minutes.
i want to invest in eth bc i belive in staking
cardano bc i belive in the team and its ideology.
ravecoin bc when eth stops proof of work its going to be the underdog
the alts for fun and to see if i make any money off of them
now does it make sense?
cardano bc i belive in the team and its ideology.
ravecoin bc when eth stops proof of work its going to be the underdog
the alts for fun and to see if i make any money off of them
now does it make sense?
That is another matter. If you have knowledge of the projects that's fine. Although I still think the best is Bitcoin and I wouldn't put more than 10% in shitcoins. If you look at the top 10 cryptocurrencies over the years you'll see that only Bitcoin and Ethereum have stayed on top. The rest have been changing. Many fancy coins that seemed to have good projects have fallen into oblivion.
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?
does this make sense?
You will do it for fun, right? Any dividends would do.
You don't have to do something technical because I know you will just hold it.
See the result if it's effective in the long run. If not, change strategy.
well if i invest in bitcoin i would make what? double and a bit more (however it is more stabile than any other coins) so i think that puting a good chunck is good just so i get my money back if anything happens to the others.
i want to invest in eth bc i belive in staking
cardano bc i belive in the team and its ideology.
ravecoin bc when eth stops proof of work its going to be the underdog
the alts for fun and to see if i make any money off of them
now does it make sense?
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