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Topic: [STOP] My Altcoin journey with small investment (Read 443 times)

member
Activity: 609
Merit: 10
Rexx
it is always good to invest with a very small amount of money which can be termed as spare money just in case there is a plummet in price as not everyone can tell for sure if it is the rise or fall of the coin.When you invest little money, you can stand to exercise some degree of patience when the price depreciates and still live your financial life void of interfering with your investment.


Using a small capital will definitely avoid big losses. but make no mistake, even though we use small capital when investing can produce big profits if we choose the right coins when we first invest. If luck is on our side
full member
Activity: 1442
Merit: 106
it is always good to invest with a very small amount of money which can be termed as spare money just in case there is a plummet in price as not everyone can tell for sure if it is the rise or fall of the coin.When you invest little money, you can stand to exercise some degree of patience when the price depreciates and still live your financial life void of interfering with your investment.
full member
Activity: 1708
Merit: 126
It's a good thing that you earned a good profit out of your small investment and it's proven that it's important for us to do our research first before buying any coin. A proper mindset will also be a big help no matter how big or small your investment is. Things will also depend on the capability of your chosen coins.
legendary
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
I did my own research and thought every week I would invest $50 in two projects. Keep in mind that this is a long-term investment.I am not going to do any future or margin which has short term money loss risk. I have time now. I am 20 years old and I think I can invest my money for at least 10 years. And if I do this, I may get enough profit. And here is my weekly investment.
$50 investments on weekly basis is not sounding to me a small approach. By doing is with altcoins, I am afraid that as you are doing these with altcoins, you are basically having additional layer of risks compared to if you do the same with bitcoins. I have seen 100s of altcoins were famous by the times of 2014/2015 but only less than 1% of such coins managed to survive till 2021.

I mean most altcoins may fade away over the time hence being too selective while investing wit altcoins may help. Moreover I like to suggest to book profits whenever possible and may focus only on bitcoin as with bitcoin investments on long run you have 200% chances to get assured profits but altcoins got only 50% chances.

You may gain profits only on USD value and if you consider in BTC then definitely you will face losses with most of altcoins in long run.
sr. member
Activity: 1190
Merit: 250
As investors we must be able to detail to know the performance of the coins we buy, investing with small values is a good start to learn and make big decisions one day, for now the tools that I think are good and always updated are the portfolios on coinmarketcap, because history always appears and easy to use.
newbie
Activity: 14
Merit: 0
$FET has start the stake drop on Mobix. If you buy $FET and  stake you will be rich soon. Also Fetch.ai develops the project by using AI. And it's look very good.
hero member
Activity: 1148
Merit: 501
Good strategy for altcoin buying, and you said that you apply this strategy for long time investment. Have many strategy to buying altcoin for longtime investment, i use different strategy for longtime investment. My strategy is every month i buy some altcoin when Their price is down, then i buy and hold my altcoin.                       
hero member
Activity: 2898
Merit: 567
This would make more sense if you start in bear market, 50$ worth TRX won't be 520 pieces anymore you might be getting 1000 TRX for just 50$, it's why I advice people to build portfolio for long term hold in bear market only, buying now is buying high, remember 70% to 90% loss always comes in bear market, that's a winning chance to buy

The bear market is the best time to build your portfolio where the price of coins with potential are affordable and cheap I remember Bitcoin crash to $5k at the start of the pandemic imagine if you bought at that level you'll make ten times profit if you still holding, the bear market is the time when you wish you have more funds to buy, I have funds but unfortunately, we are in a bull market.
full member
Activity: 2086
Merit: 100
Chainjoes.com
I must congratulate you that you are on right track at the right age we were late when we know about the cryptos still I also earn good money by investing in cryptos and the majority of the profit earned by holding it for 1-2 years. You have good investment planning for the long-term I hope you will be successful in the end and a small-small investment will be a huge investment in the next 10 years if you hold it even anyone can start with a small-small amount like you are doing it If has some extra funds and wants to utilize it.
legendary
Activity: 2296
Merit: 1176
This would make more sense if you start in bear market, 50$ worth TRX won't be 520 pieces anymore you might be getting 1000 TRX for just 50$, it's why I advice people to build portfolio for long term hold in bear market only, buying now is buying high, remember 70% to 90% loss always comes in bear market, that's a winning chance to buy

Where did you get your crystal ball that forecast future? Take a look on October 2020 - the beginning of a growth. Those who has bought, made x6 in half a year. No one was sure that the market was bull that days.

I strongly believe that it is never late to buy. There will be always who has bought cheaper, and there will be always who will buy for a higher price. You just dont need to buy junk, dont rush and be selective.

You say that it was better to buy Tron during bear, because he would have got more. But this is same as saying he should have bought Tron in 2018, when the price was 1 cent, and he would have got even more.
member
Activity: 181
Merit: 14
$CYBERCASH METAVERSE
This would make more sense if you start in bear market, 50$ worth TRX won't be 520 pieces anymore you might be getting 1000 TRX for just 50$, it's why I advice people to build portfolio for long term hold in bear market only, buying now is buying high, remember 70% to 90% loss always comes in bear market, that's a winning chance to buy
jr. member
Activity: 476
Merit: 3
Trident Protocol | Simple «buy-hold-earn» system!
I am very happy with my altcoin investment. I purchased some shitcoin when it very low in price but now it has been increasing in price. When I wanted to buy the coin I told my friend to help me do research about the best altcoin that I can invest in, so he gave the name of the altcoin, I bought 20usd worth of the coin. When I bought it, their was no too much of hype on the coin, for few Days my 20usd worth the coin have turn 12usd, i was thinking to sell but my friend said I should hold for good five months to it market reaction so I decided to hold, after a month it started pumping. It has nine zero (0) when I bought but it has clean two zero now.i have make really profit for it.
full member
Activity: 664
Merit: 100

Well, if you earned in your strategy of doing trade here in cryptocurrency that is good for you.
If you think your doing the right thing, go and continue what you had started. But honestly, I am not quite familiar with DYDX, and according to what I read hear to your topic there was already a problem with it. But at least, you got out your capital over this coin, right?


As long as i know, dydx token came from an exchanger airdrop, they give the tokens for their users. It has a good price, But i can't say it has a good potential for a long-term investment.
i agree, it is a Good thing for him As long as he Gain the profit continously with his own strategy.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
your strategy sounded good to me, but of course you need to take into account that altcoins can hardly reach 5 years with the same performance, competition is increasing and this makes the market have to share investors, do not invest in any altcoin for more than 3 years. Is just advice


2021 is the year of NFT. If you want to read about a real dark horse, then here's my advice - pay attention to such a project as Loot NFT. It seems to me that over time this project will blow up the market because it is more relevant than ever in our time.
I don't think your suggestion should be taken into account, especially if you say things that are uncertain about the new NFT project, because if the project is not able to blow up the market in the near future, it will blow up everyone who invests in it.

I agree, these NFT are a big risk
full member
Activity: 1190
Merit: 111
Hello everyone. If you want to know why I am creating this topic, then you can visit my topic regarding bitcoin investment. https://bitcointalksearch.org/topic/m.58029082 I already explained why I am doing such an experiment. Since that day, I've been conducting similar experiments with altcoins as well. didn't share it before.

Now I'll update my altcoin holdings as well. How much should I invest and in which project should I invest? I did my own research and thought every week I would invest $50 in two projects. Keep in mind that this is a long-term investment.I am not going to do any future or margin which has short term money loss risk. I have time now. I am 20 years old and I think I can invest my money for at least 10 years. And if I do this, I may get enough profit. And here is my weekly investment.


 
MY INVESTMENT


WEEK-1 (24/09/2021) (DYDX/USDT) (2.1 DYDX=$25) $11.90.
                                         (TRX/USDT) (257.8 TRX=$25) $0.09696.


WEEK-2 (30/09/2021) (DYDX/USDT) (1.01 DYDX=$25) $24.55.
                                         (TRX/USDT) (292.9 TRX=$25) $0.08534.


WEEK-3 (05/10/2021) (UNI/USDT) (0.99 UNI=$25) $25.13.
                                         (TRX/USDT) (268 TRX=$25) $0.09327


WEEK-4 (13/10/2021) (trx/usdt) (520trx =$50) $0.09585

WEEK-5 (/10/2021) (/) ( =$25) $0.
                                         (/USDT) (=$25) $. Upcoming


Note: This is not for financial advice. I have done my own research and taken action on it. If you want to do anything, do your own research. Because your money, your research, your actions equal your profit or loss.



Well, if you earned in your strategy of doing trade here in cryptocurrency that is good for you.
If you think your doing the right thing, go and continue what you had started. But honestly, I am not
quite familiar with DYDX, and according to what I read hear to your topic there was already a problem
with it. But at least, you got out your capital over this coin, right?
member
Activity: 180
Merit: 46

Hello everyone. If you want to know why I am creating this topic, then you can visit my topic regarding bitcoin investment. https://bitcointalksearch.org/topic/m.58029082 I already explained why I am doing such an experiment. Since that day, I've been conducting similar experiments with altcoins as well. didn't share it before.

Now I'll update my altcoin holdings as well. How much should I invest and in which project should I invest? I did my own research and thought every week I would invest $50 in two projects. Keep in mind that this is a long-term investment.I am not going to do any future or margin which has short term money loss risk. I have time now. I am 20 years old and I think I can invest my money for at least 10 years. And if I do this, I may get enough profit. And here is my weekly investment.


 
MY INVESTMENT


WEEK-1 (24/09/2021) (DYDX/USDT) (2.1 DYDX=$25) $11.90.
                                         (TRX/USDT) (257.8 TRX=$25) $0.09696.


WEEK-2 (30/09/2021) (DYDX/USDT) (1.01 DYDX=$25) $24.55.
                                         (TRX/USDT) (292.9 TRX=$25) $0.08534.


WEEK-3 (05/10/2021) (UNI/USDT) (0.99 UNI=$25) $25.13.
                                         (TRX/USDT) (268 TRX=$25) $0.09327


WEEK-4 (/10/2021) (/) ( =$25) $0.
                                         (/USDT) (=$25) $. Upcoming


Note: This is not for financial advice. I have done my own research and taken action on it. If you want to do anything, do your own research. Because your money, your research, your actions equal your profit or loss.


I have great admiration for you, for taking this seriously and I hope you are committed to this goal whatever the trend, you put your money into a great project. I tried to do this before, I kept all my earnings from signature campaign and it took 6 months before I took profit, I can say I succeeded too.
sr. member
Activity: 1344
Merit: 270
Nice way with your investment coin although with small fund you use, but better to trade with short term where you can build profit every time without hold for several week later. I think is worth if you hold for long term but small fund for investing is not really enough and faster to get much profit, better use short term way for trading and then use your profit for long term investment depend which one coin do you want.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
Small investment part is a lot better than the bigger investment part because more people can relate to this. Obviously the smallest amount could be increased, starting with $100 and then not adding more to it could be even better since I am sure everyone could work hard and earn $100, hell you can do signature campaigns and bounties to get there these days, it takes like 2 weeks to earn that much in just bitcointalk, let alone if you work for some other places as well.

At the end of the day, I believe we are in a situation where not many people have 40k to show for, but they do have 100 bucks and this topic will be very beneficial to those people to see what they can do, not what they should, but what they can.
member
Activity: 770
Merit: 12
Trphy.io
Very interesting. If I may add, I also remember CZ's message about a good investment selection method https://prnt.sc/1vfmok7 at least this provides advice, an overview from a fundamental point of view with long-term investment methods. it means that it is not wrong to try the advice of people who are already successful and at least you have tried to apply at least to yourself.
Applying the references obtained through successful influencers is not a mistake because in essence they also often share good tips and methods for everyone through their social media accounts, so it won't be wrong to apply them to yourself.
influencers can also have an influence on the development of certain coins, they can indirectly move the market simultaneously, so this can affect market movements. especially for meme coins, maybe Alan's hype system often happens like this, and finally we have to be careful with this reaction
member
Activity: 1540
Merit: 22
Very interesting. If I may add, I also remember CZ's message about a good investment selection method https://prnt.sc/1vfmok7 at least this provides advice, an overview from a fundamental point of view with long-term investment methods. it means that it is not wrong to try the advice of people who are already successful and at least you have tried to apply at least to yourself.
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