BTC, and ETH making up a chunk, and then making 5 or so ALT coin purchases on what you feel are the best projects. Long term you have a good chance of benefiting from any overall rise in the market.
Rory
Topic: Strategic investment - page 3. (Read 1454 times)
There is no strategy actally, it all depends on you but I suggest you to hold mostly bitcoins in your portfolio and few altcoins. This is a good strategy for long term.
It is a good strategy to invest in bitcoins instead of only buying it, because it is innovative and its demand is high and it is also expected to be registered in all stock exchanges soon.So, it is also expected that its market will be bull market.
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
Winning the game will depend on how the price behave. But since price is unpredictable no way you can set a monthly goals since earnings here is not fixed.
I know you know now some bacics on how to earn since you will not entered this game if your brain is empty of knowledge. You know like I said there is no fixed amount that can rotate like you want since sometimes price dump and pump can lasts longer or on the other hand, no price movement will happen for a month.
Just set it these way, whenever you win, circulate it. Diversfying it will be your own decision so you need to do an actual moves here and see if that will be effective.
It's a good strategy if you can pick out good altcoins to invest in and not just buy them randomly.
The amount of money that you're putting aside is definitely enough to start investing, but I hope you also have another savings account besides that.
Always research every coin before you decide to buy, also don't sell at every price drop of course.
The amount of money that you're putting aside is definitely enough to start investing, but I hope you also have another savings account besides that.
Always research every coin before you decide to buy, also don't sell at every price drop of course.
I think that now it is not necessary to buy anything, better to wait and buy everything at once - from top of coins to altcoins.
You have a good strategy, focus just on some potential coin. Buy every month, increase the buying on price decrease and decrease when its increased.
Besides of local roll up and down of altcoins there is a global roll up and down of all cryptocurrencies including bitcoin and etherium.
You need to learn first this question.
And my second advice.
From start of 2017 was very huge rise up of 80-90% cryptocurrencies. It was due to ICO. So the main idea to invest in some number of alts for super long term. And than wait next wave of global rise up off all cryptocurrencies. It can happen in end of this year or in 1 year. But I think it will be inevitable. So just hold some good altcoins and wait global rise up. And you can do 10-20x in next rise up.
You need to learn first this question.
And my second advice.
From start of 2017 was very huge rise up of 80-90% cryptocurrencies. It was due to ICO. So the main idea to invest in some number of alts for super long term. And than wait next wave of global rise up off all cryptocurrencies. It can happen in end of this year or in 1 year. But I think it will be inevitable. So just hold some good altcoins and wait global rise up. And you can do 10-20x in next rise up.
To this question I can only answer you, because the problem lies in the risks that you can bear. Personally, I invest less than 2% in every coin except bitcoin and ether (in each of them I put 20%)
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
Trading, or rotating as you call it, is immensely difficult to do successful over a long period of time. It's easier to find coins with a strong team that are less likely to fall, but those will offer lower returns overall. It's up to you how much risk you want to take and since the amount you're investing is small on paper, you might want to take larger risks by picking out lower market cap coins that seem solid. But that's up to you, I don't know if $250 is a lot to you or not.Like the subject says, Im seeking any kind of advice/tips for a strategic planning investment on altcoins. I'm a beginner regarding to crypto investments, I've been around for while, however, I started investing only 2 months ago.
So, what I was thinking as a long term strategy could be:
- Each month, invest 250$ 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
I'm personally investing rather risky because I know that I can get $200k per year jobs easily with my education and skill set, if I didn't have access to that I'd make sure to keep a good amount in Bitcoin for safety.
Basically, you need to figure out how much you are willing to lose at most in the worst case scenario and then play around that.
there is a lot of ways for different people and also based on thier experience as well but i cannot give a definitive answer to this type of question as of now. its better to do a research first about any coin that you want to invest in the near future and decide whether to invest the total of your money or invest it from other coins. There is some coins that it is worth to invest like ethereum, litecoin,dash , monero and waves.
It's up to your personal level of risk. Invest into the top 6 coins you should make slow steady returns. Gamble it on an ICO and perhaps make a big win a couple years from now. Personally I would do $200 in your choice of coins from the top 10, then the other $50 in some smaller market cap coins.
if spreading your money in various altcoin it can be very profitable but must already to the altcoin that already exist or trusted from the first such as litecoin, etherium, or others but if I prefer to invest money to Etherium as a whole I do not divide so the results are numerous
No one can give a definitive answer to this question. Better to do research about any coin before you invest and decide whether to invest the total of your money in that or invest some of that in other coins. Some coins worth to invest much money in them, like Ethereum, Litecoin, Dash, Monero and waves.
Hello community,
Like the subject says, Im seeking any kind of advice/tips for a strategic planning investment on altcoins. I'm a beginner regarding to crypto investments, I've been around for while, however, I started investing only 2 months ago.
So, what I was thinking as a long term strategy could be:
- Each month, invest 250$ 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
Jump to: