Topic: Strategic investment - page 2. (Read 1454 times)
The amount of money that you're putting aside is definitely enough to start investing,It's a good strategy if you can pick out good altcoins to invest in and not just buy them randomly.I hope you also have another savings account besides that.
Hello community,
Like the subject says, Im seeking any kind of advice/tips for a strategic planning investment on altcoins. I'm a beginner regarding to crypto investments, I've been around for while, however, I started investing only 2 months ago.
So, what I was thinking as a long term strategy could be:
- Each month, invest 250$ into a max of 6 altcoins (250$ for each)
I can only afford 250$, but I guess it is a plausible value to invest. I like the idea if I can rotate 250$, each month, trough the 6 altcoins that I'm holding in order to increase the amount of coins, and get a higher ROI.
What are your opinions? Should i diversify more instead of trying to get a higher amount of coins for the alts that Im holding?
Share your toughs with me.
my regards
Like the subject says, Im seeking any kind of advice/tips for a strategic planning investment on altcoins. I'm a beginner regarding to crypto investments, I've been around for while, however, I started investing only 2 months ago.
So, what I was thinking as a long term strategy could be:
- Each month, invest 250$ into a max of 6 altcoins (250$ for each)
I can only afford 250$, but I guess it is a plausible value to invest. I like the idea if I can rotate 250$, each month, trough the 6 altcoins that I'm holding in order to increase the amount of coins, and get a higher ROI.
What are your opinions? Should i diversify more instead of trying to get a higher amount of coins for the alts that Im holding?
Share your toughs with me.
my regards
Just buy and hold. Most altcoins are scam.
investing in ico is the best. or you can buy cheap coins and hold them if you have a prediction of having a future.
but my only advice on ico chance can be very big. but did not escape the risk that stretched.
Hello community,
Like the subject says, Im seeking any kind of advice/tips for a strategic planning investment on altcoins. I'm a beginner regarding to crypto investments, I've been around for while, however, I started investing only 2 months ago.
So, what I was thinking as a long term strategy could be:
- Each month, invest 250$ into a max of 6 altcoins (250$ for each)
I can only afford 250$, but I guess it is a plausible value to invest. I like the idea if I can rotate 250$, each month, trough the 6 altcoins that I'm holding in order to increase the amount of coins, and get a higher ROI.
What are your opinions? Should i diversify more instead of trying to get a higher amount of coins for the alts that Im holding?
Share your toughs with me.
my regards
Like the subject says, Im seeking any kind of advice/tips for a strategic planning investment on altcoins. I'm a beginner regarding to crypto investments, I've been around for while, however, I started investing only 2 months ago.
So, what I was thinking as a long term strategy could be:
- Each month, invest 250$ into a max of 6 altcoins (250$ for each)
I can only afford 250$, but I guess it is a plausible value to invest. I like the idea if I can rotate 250$, each month, trough the 6 altcoins that I'm holding in order to increase the amount of coins, and get a higher ROI.
What are your opinions? Should i diversify more instead of trying to get a higher amount of coins for the alts that Im holding?
Share your toughs with me.
my regards
Just like what I always say to everyone who asks: always do your own research. Do not rely on other people when it comes to your money. Because you do not know who the people behind these accounts are. You do not know if they are really knowledgeable individuals or if they are giving you facts and not just spitting out lies. If you ask for an advice, then i advice you to consider all the advices you get here and do your own research and come up with your own way to maximize you profits.
Hope this helps. Goodluck.
You need to do a strategic planning to choose a potential coin from a lot. You just can't go and invest in any 6 coins and you simply can't shift your investment from one coin to another in a period of a month. Sometimes you need to do day trading and sometimes a long term investment would be profitable. Altcoin market is very unpredictable. Hence, you need to be quick enough to enter a coin at right time before it get pumped. This requires a lot of patience and study.
i'm sorry but i don't see any "strategy" here. you just said how much you want to invest!
the strategy would be saying how would you choose those 6 coins you mentioned. how would you decide if it is a good time to buy? how long will you hold? are you just randomly choosing those 6?
you should first choose a coin that you analyze to be rising then after investing you should choose a time to sell that coin to get the profit out and invest it in the next one.
the strategy would be saying how would you choose those 6 coins you mentioned. how would you decide if it is a good time to buy? how long will you hold? are you just randomly choosing those 6?
you should first choose a coin that you analyze to be rising then after investing you should choose a time to sell that coin to get the profit out and invest it in the next one.
I full agree with you. I am missing the strategy. The main question, which you need to answer yourself is, do you want to become an investor or do you want to speculate with the coins. Based on this your selection may differ and also your strategy would differ.
i'm sorry but i don't see any "strategy" here. you just said how much you want to invest!
the strategy would be saying how would you choose those 6 coins you mentioned. how would you decide if it is a good time to buy? how long will you hold? are you just randomly choosing those 6?
you should first choose a coin that you analyze to be rising then after investing you should choose a time to sell that coin to get the profit out and invest it in the next one.
the strategy would be saying how would you choose those 6 coins you mentioned. how would you decide if it is a good time to buy? how long will you hold? are you just randomly choosing those 6?
you should first choose a coin that you analyze to be rising then after investing you should choose a time to sell that coin to get the profit out and invest it in the next one.
The best way would be invest in let say 3 - 4 altcoins, which you know. There are so many altcoins in the market, who knows, what can happen with new altcoins. If you know 3 - 4 altcoin price trends 1 year or 6 months backward, then you can predict future as well. So you can invest smart and make good profit.
I don't know what I can clearly state in your situation. I feel like 6 coin diversify is enough. As it would be very hard to follow 10 coins at the same time. I think you should do monthly checks before you invest blindly as well.
The big crash that happened is the one before the final crash and if you are being strategic you would buy now when it is low.
I suppose that you should build your own strategy based on all strategies and advices from other investors. My advice is to learn and practice with amount of money which you are ready to loose.
Good luck
Good luck
if your looking for strategic investment you need to look at the anonymous coins,like Deeponion. these will be big soon with all thats going on in the markets
If you're going straight to alt-coins then I wouldn't recommend that. Do your own research but I'd recommend keeping some of that $250 into more 'stable' coins like bitcoin and ethereum. You should also know that you're entering into a crazy period for crypto. Bitcoin is the most established and is one of the more stable coins, but in the last month it's gone from $4,000 to $5,000 to $4500 back to $4,800... and now it's gone down to $3,500. It takes a lot of discipline to not panic at these times.
Based on your message it sounds like you're looking to buy-and-hold, not day trade... is that correct?
Based on your message it sounds like you're looking to buy-and-hold, not day trade... is that correct?
The best strategy is to buy top performing coins like BTC, ETH, LTC and hold. In addition, you want to buy other smaller alternate coins and hold as well. It's hard to time the market. Plus you will be stress-out if you're day trade.
Have you invested in any project? If you intend to invest $ 250 x 6 then I think you should invest in BTC or ETH, NEO, etc..., you can trade short term to make a profit every day
If you diversify more, you may not see such huge short term growth as if you invested in one coin in good time. Also, if you have really low money to invest, I would suggest you using margin trading leverage to make more money from small investments. But remember, with every trading comes great risk, especially in marging trading.
following developments and analyzing altcoin is very much needed in making decisions for investment, how you should take participation in ico success, this means you have to start building from scratch, this short time investment is very profitable but it could be detrimental.
in my opinion, try to start analyzing an ico and occasionally invest in pre-co, it makes you get a lot of bonuses, but this is certainly very risky, especially you have to compete with bounty hunter which makes the first price in the exchanger a little bit chaotic, just hold your tokens a few moments and you will see the price will be profitable
I like the strategy post.
First decide what is your goal.
Looking from the view that your money working for you and it must distributed interested to you.
Not struck in any strategy. Leave that strategy behind if it cannot provide profit.
First decide what is your goal.
Looking from the view that your money working for you and it must distributed interested to you.
Not struck in any strategy. Leave that strategy behind if it cannot provide profit.
If you're going straight to alt-coins then I wouldn't recommend that. Do your own research but I'd recommend keeping some of that $250 into more 'stable' coins like bitcoin and ethereum. You should also know that you're entering into a crazy period for crypto. Bitcoin is the most established and is one of the more stable coins, but in the last month it's gone from $4,000 to $5,000 to $4500 back to $4,800... and now it's gone down to $3,500. It takes a lot of discipline to not panic at these times.
Based on your message it sounds like you're looking to buy-and-hold, not day trade... is that correct?
Based on your message it sounds like you're looking to buy-and-hold, not day trade... is that correct?
Hello community,
Like the subject says, Im seeking any kind of advice/tips for a strategic planning investment on altcoins. I'm a beginner regarding to crypto investments, I've been around for while, however, I started investing only 2 months ago.
So, what I was thinking as a long term strategy could be:
- Each month, invest 250$ into a max of 6 altcoins (250$ for each)
I can only afford 250$, but I guess it is a plausible value to invest. I like the idea if I can rotate 250$, each month, trough the 6 altcoins that I'm holding in order to increase the amount of coins, and get a higher ROI.
What are your opinions? Should i diversify more instead of trying to get a higher amount of coins for the alts that Im holding?
Share your toughs with me.
my regards
Even diversifying wont really give any assurance that you would able to rotate or generate income on monthly basis because profits or loses would depend on how the coins would behave its price and also this would depend on what coin you did put your investment on.Selecting coins would be the hardest part which you would really need to research first before putting on some money not just carelessly select any coins that you do like. Like the subject says, Im seeking any kind of advice/tips for a strategic planning investment on altcoins. I'm a beginner regarding to crypto investments, I've been around for while, however, I started investing only 2 months ago.
So, what I was thinking as a long term strategy could be:
- Each month, invest 250$ into a max of 6 altcoins (250$ for each)
I can only afford 250$, but I guess it is a plausible value to invest. I like the idea if I can rotate 250$, each month, trough the 6 altcoins that I'm holding in order to increase the amount of coins, and get a higher ROI.
What are your opinions? Should i diversify more instead of trying to get a higher amount of coins for the alts that Im holding?
Share your toughs with me.
my regards
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