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Topic: My Strategy: Withdraw 50% ETH and looking to invest in Altcoin - page 3. (Read 1251 times)

sr. member
Activity: 798
Merit: 250
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I will not choose to invest more money on altcoins than on bitcoin, if you choose to trade Ethereum for another altcoins is your choice but you could choose to hold on Ethereum and buy some bitcoin which was better choice in my opinion.
Maybe I will do the same thing as what you do, instead of investing in some altcoins by selling 50% of our ethereum and investing it in another altcoin, I would prefer to stick to ethereum or maybe I will use it to invest it into bitcoin instead into other altcoins. Because in my personal opinion, this is more appropriate to do, but if you think that withdrawing 50% of ethereum and investing it in other coins has a greater chance of making a profit, then doing it is the right choice.
hero member
Activity: 2926
Merit: 567
Why not it's your money and it's your profit, you can sell 50% of your Eth and just buy a good altcoins that you think has a better price potential in the future, I sometimes do that selling Bitcoin or Eth to buy new coins, sometimes it's profitable, sometimes it's not, it's still a gambling.
copper member
Activity: 840
Merit: 114
Withdraw all your ethreum and put on two altcoins that will surely give you big profit,  invest it in eos and binance coin. These two are my favorite coins so far.
EOS? What has EOS shown so far? for BNB I agree the market will continue to develop for BNB. but selling all ETH isn't that great either. hold your ETH a few and the rest on BNB maybe it will be better.
hero member
Activity: 1946
Merit: 502
Withdraw all your ethreum and put on two altcoins that will surely give you big profit,  invest it in eos and binance coin. These two are my favorite coins so far.
full member
Activity: 232
Merit: 113
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So you're planning to sell ETH low and buy an even more risky and more volatile coin to make some of your losses back.

If you hold so little Bitcoin why not invest more in it. I always feel bad when I see people's portfolios where 80% or more are various altcoins and Bitcoin takes up the rest. Differentiating is a good thing to do when you're in different markets like gold + stocks + cryptocurrencies but not when all of your investment is in crypto market that depends on the price of bitcoin.
Indeed. It'll just worsen someone's portfolio if he/she is going to shift into a more volatile market. On the other hand, shifting to different materials such as stocks are even riskier because the way it works is quite different from crypto market. The traders manipulate it differs from crypto, causing you to lose more money instead of making profit. In my opinion, better to just stay in crypto since opportunities here are never ending. You just have to be patient and smart also.
legendary
Activity: 3318
Merit: 1128
I can see you have kept your minimum budget onto bitcoins. Bitcoins can make you earn good profits than why have you kept bitcoins on the minimum capital? Also I do not have much information about the new coin you are mentioning so I would not like to express my feelings on it but you can surely withdraw 50% from Etherum if you feel the new coin is profitable for you.

You can surely diversify your investment capital accordingly, but I would like to suggest you to increase budget on bitcoins so that it might give you immense profits once the bull runs arrive because bitcoins would be the first coin which will pump as soon as the bull runs arrive.
full member
Activity: 1190
Merit: 100
Good strategy for you. I don't always appreciate all the strategies that other people do. But for me, you don't change everything to Titan. If you still want to include Titan in your portfolio, maybe around 10-15%. And maybe my advice, more for Bitcoin included in your portfolio.
full member
Activity: 756
Merit: 100

Thank you everyone for your wonderful replies. Most of the suggestions shared here recommend that I stay invested in my current folio. But, I prefer to change my portfolio on a regular basis, and this time I am considering to add an altcoin.

Now, to answer your question as to why I am considering the Titan coin, here are the 4 key points that I like about this coin (project).

- The use cases are real, which, to be honest, are still missing from most of the new cryptocurrencies out there. The team is launching (some already launched) a number of apps that will provide actual cases for the use of titan coin as a payment currency. Moreover, they are also partnering with merchants worldwide to integrate titan coin as a global payment method (as I got to know after discussing with the owner himself). So, I think the scope is good.

Launch of Titan Family Security App
Titan Sales Reporting App Launch
Swapping of Titan Coins
Titan Payment Gateway completed
Titan Premier League: TPL
TTNEX
Legalisation of Crypto in Armenia and Nigeria Government
Titan Dating app
Forming partnerships with investors, organisations, merchants and businesses worldwide

- As for the coinmarketcap status of the coin not looking good at present, one must understand that the coin is still in the early stage (not more than a startup) and it takes time for any good project to show its true potential. I am just starting to believe in its potential.

- Another thing that intrigues me about titanprojects is that it is a self-funded project, where all the investments (as of yet) have been made by the owners and partners. Given that they have no external investments and yet they have managed to develop their own blockchain, apps, digital payment system, exchange and cryptocurrency in a very short period of time, I believe they are very serious about it all. And I think any investor would want to fund this project, now that the product is ready.

After a detailed conversation with the owner himself, I got to know about his interesting ideas of creating a global digital payment ecosystem powered by the Titan coin. In fact, I am now genuinely interested in becoming an investor. What about you?

Altcoins season will come in few years but before Bitcoin will surge. After Bitcoin and top coin like Ethereum altcoins will surge. This year Bitcoin and Ethereum will definitely pump. Ethereum 2.0 and hardfork will change cryptocurrency market. I can't support you of this theory about this Titan coin, rather you can change your plans.
hero member
Activity: 2184
Merit: 531
So you're planning to sell ETH low and buy an even more risky and more volatile coin to make some of your losses back.

If you hold so little Bitcoin why not invest more in it. I always feel bad when I see people's portfolios where 80% or more are various altcoins and Bitcoin takes up the rest. Differentiating is a good thing to do when you're in different markets like gold + stocks + cryptocurrencies but not when all of your investment is in crypto market that depends on the price of bitcoin.
member
Activity: 392
Merit: 13
Hmmmm.....  which one of these coins isn't like the others.  All the other coins in your purported portfolio are top 20 coins with good market capitalization.  The coin you are trying to pump is worse than a dogs breakfast.... Ranked at #937  Titan Coin has a 24 hour volume of $182.18 USD and its total market cap is just over half a million. This is a dead coin.  
If this is the best coin you could find after doing due diligence you better sell all your coins and forget crypto investing altogether.
To anyone dumb enough to believe your soft sell that TTN might be good to buy because you are considering it.  Titan has NO liquidity, NO volume, NO interest, NO community, and NO unique use case (its use case is pretty weak duplicating several other payment system coins).  

AVOID TITAN COIN (TTN) AT ALL COSTS!



 
full member
Activity: 896
Merit: 115
The final call is yours. You use done all that is needed to be done , what you need is to be sure you really want yo invest into it and make up your mind then you go ahead. You have set up a good portfolio already.
legendary
Activity: 3248
Merit: 1179
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Your current portfolio is very good and I do not think you should change it.

I would not recommend you to interfere with it but if you have already amde your mind then you should go ahead. I have heard about Titan coin, they had an IEO, not sure if it was successful.

Think twice before investing.

This portfolio looks good, 4 good coins, Bitcoin and Ethereum should be included in every portfolio! I have BNB and EOS too, this portfolio is like mine, I just have more coins. I wouldn't trade any of my coins for some other coins, if I wish some other coins I will invest more money or I will try to find a way to earn some, if it's possible. I don't like to sell my coins!
When you think about it every portfolio is good, as long as you work on that portfolio and add more.
hero member
Activity: 2268
Merit: 579
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Firstly, your current portfolio are good except the EOS coin which i will advise you to sell and use the money to accumulate more bitcoins. With that been said, the concept of Titan coin is good but there are alot of company/project that offer the exact benefit and with my experience only the 2-3 projects that first offer such service are usually thrive.
Investing in Titan coin is not a good idea, sell EOS to buy more bitcoin because EOS is a centralized coin and can be manipulated anytime.
Actually I do not really follow the development of Titan coins, but I also suggest to continue to collect bitcoin. however, if this year's increase really happened, I think then bitcoin would be the highest in its increase. so, having coins that you don't know is better developed.
Yes, accumulating more bitcoins is better but the coins are mentioned are better developed but the flourishing level of cryptocurrency has passed the aspect of development stance which i believe you'll agree with me despite some altcoin we have in the market having good transaction confirmation time and fee bitcoin still flourish above them.
hero member
Activity: 1834
Merit: 566
May I guess, you are a big player here and you don't need our suggestion.

$250.000 is big amount to me and usually if you spend them to invest in cryptocurrency you'll have more knowledge about investment and you are professional investor for sure.

But yeah, in my side I just deplore because you just spend $5k in bitcoin that I think it is really small when I see your capital. If I were you, I'll spend almost 50% for bitcoin and the rest I'll spend for ETH and another altcoin.
Thats not true because the author of this thread still lack the required knowledge of coin selection for the Titans coin he mentioned done have the require utility and support to provide good returns though the upcoming bitcoin halving will alot of altcoin in the market but i will advise him to leave his portfolio the way they are.
If you need more explanation i will provide it for you
sr. member
Activity: 1078
Merit: 256
To be honest you have a good strategy but use it wrong, I mean like this: You already have your personal ETH investment around 50% but you would prefer to reduce your personal ETH to invest in TTN coins. my suggestion is better you don't renew your personal ETH just to buy TTN. for me ETH is a profitable investment in the future, I do not know TTN ,.
Indeed. If you don't have enough knowledge to such investment it's better to keep it with ETH and use other spare money for your next assets
why would you choose to reduced your holdings if you are not sure with the turned around, though if you really have deeper knowledge or you
are trusting the team behind why not sell all your ETH and completely jumped to this project.
legendary
Activity: 1344
Merit: 1001
How funny you selling ETH to invest in Titan Coin definitely i think which is worst decision ever. TTN coin is absolutely dead coin if you see this coin market condition is too much worthless project. Your others all of those coins portfolio is undoubtedly promising. No volume in the exchanges i don’t know what is the purpose of this coin investment. And i think you will never expect to profit from TTN coin.                   
I also don't think it is a smart idea to invest in the Titan coin after selling the ETH. But the Ethereum also has lost aa lot after the collapse of ICOs. The investors were supposed to buy the ETH for investing in the new projects and the IEOs now replaced the ICOs. BNB also has the potential to compete with the ETH if the crypto users again go crazy with the token sales.
sr. member
Activity: 2226
Merit: 259
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How funny you selling ETH to invest in Titan Coin definitely i think which is worst decision ever. TTN coin is absolutely dead coin if you see this coin market condition is too much worthless project. Your others all of those coins portfolio is undoubtedly promising. No volume in the exchanges i don’t know what is the purpose of this coin investment. And i think you will never expect to profit from TTN coin.                   
full member
Activity: 887
Merit: 100
To be honest you have a good strategy but use it wrong, I mean like this: You already have your personal ETH investment around 50% but you would prefer to reduce your personal ETH to invest in TTN coins. my suggestion is better you don't renew your personal ETH just to buy TTN. for me ETH is a profitable investment in the future, I do not know TTN ,.
hero member
Activity: 1582
Merit: 523
This seems you are totally into titan coin, as for me my investment in eth is as is. Though your portfolio is good diversifying into different coins. Actually, for me I'm not sure with this titan coin if in the future this project will be successful and will soar high it’s value in the market. In my portfolio btc is my top investment then followed eth so good luck on your investment in all of your coins.
legendary
Activity: 2716
Merit: 1102
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Firstly, your current portfolio are good except the EOS coin which i will advise you to sell and use the money to accumulate more bitcoins. With that been said, the concept of Titan coin is good but there are alot of company/project that offer the exact benefit and with my experience only the 2-3 projects that first offer such service are usually thrive.
Investing in Titan coin is not a good idea, sell EOS to buy more bitcoin because EOS is a centralized coin and can be manipulated anytime.
Actually I do not really follow the development of Titan coins, but I also suggest to continue to collect bitcoin. however, if this year's increase really happened, I think then bitcoin would be the highest in its increase. so, having coins that you don't know is better developed.
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