Cryptocurrencies are becoming more popular by the day, and many new investors want to know:
What's the best cryptocurrency to invest in?
If you have decided that you want to jump into this rapidly growing market, then there are some very important things that you need to understand.
you will learn how to choose the best cryptocurrency investment for you by making a thorough investigation and research e.g looking at the present value in exchange, then how much people are investing in that particular coin.
Topic: Strategy to invest in crypto ? - page 44. (Read 5570 times)
This is the Strategy I was following in crypto. This is the example.
buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
This is a good strategy but the problem is how can we tell if the value of our investment can reach those figure you have given the fact that this matket is so unpredictable, also the past few months give so much stress in the market aftet the continuous drop in cryptos value. The startegy can only apply to a conservative market and what we are having at this point is like an agressive one. buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
I don't usually have a pre-determined game plan for every coin and therefore I adjust my game plan on each coin. The reason for this is because when XRB went moonshot I sold half my coins to cover my intial but clearly that was a supreme mistake and I should not have. Obviously hindsight is 20 20 but you get the point, we can do a lot better if we are more patient.
In general, I guess that this huge drop on the market is best chance to buy many currencies and this opportunity may not be repeated so we must exploit this chance. As well, my strategy is to buy many currencies and the division of ratios is as follows:
40% Ripple (XRP) because their current price is $ 0.7 and this is appropriate to buy a large proportion of them because this currency will be more successful after a few years and it is expected that their price will hit $ 1000.
20 % Tron because this currency has a low price ($ 0.032) and it is on top 15 in the market and when we buy a big amount of it, then the profit will be more important and the same thing to SIACoin (20 %) which it is at the rank 32 and their price is less than $ 0.002.
20 % Lisk, I believe on this currency, and I think that their value will be more huge after a long term.
40% Ripple (XRP) because their current price is $ 0.7 and this is appropriate to buy a large proportion of them because this currency will be more successful after a few years and it is expected that their price will hit $ 1000.
20 % Tron because this currency has a low price ($ 0.032) and it is on top 15 in the market and when we buy a big amount of it, then the profit will be more important and the same thing to SIACoin (20 %) which it is at the rank 32 and their price is less than $ 0.002.
20 % Lisk, I believe on this currency, and I think that their value will be more huge after a long term.
I don't know if Ripple will hit $1,000, but I'm sure with the support it has it will rise 20x at least in the near future, so I support your decision to invest 40% in XRP.
I wouldn't be so optimistic regarding Tron though. Yes, it can easily rise 3x when the whole market recovers, but I'm not sure whether it will rise more than that.
I think that Lisk has a good potential due to its ability to support decentralized blockchain applications build on it, so it's definitely worth investing now.
And I can say the same words about Siacoin as what I've said about Tron. I don't think that if a coin has low price right now it means it will rise a lot in the future. But that's me, maybe I don't know something important about those two coins.
This is the Strategy I was following in crypto. This is the example.
buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
Best strategy im doing so far is scalping a trending coin which i can make 15-20% gain in a day,buying at the dips and selling it on the peaks makes my coins grow even without adding any investments. buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
In general, I guess that this huge drop on the market is best chance to buy many currencies and this opportunity may not be repeated so we must exploit this chance. As well, my strategy is to buy many currencies and the division of ratios is as follows:
40% Ripple (XRP) because their current price is $ 0.7 and this is appropriate to buy a large proportion of them because this currency will be more successful after a few years and it is expected that their price will hit $ 1000.
20 % Tron because this currency has a low price ($ 0.032) and it is on top 15 in the market and when we buy a big amount of it, then the profit will be more important and the same thing to SIACoin (20 %) which it is at the rank 32 and their price is less than $ 0.002.
20 % Lisk, I believe on this currency, and I think that their value will be more huge after a long term.
40% Ripple (XRP) because their current price is $ 0.7 and this is appropriate to buy a large proportion of them because this currency will be more successful after a few years and it is expected that their price will hit $ 1000.
20 % Tron because this currency has a low price ($ 0.032) and it is on top 15 in the market and when we buy a big amount of it, then the profit will be more important and the same thing to SIACoin (20 %) which it is at the rank 32 and their price is less than $ 0.002.
20 % Lisk, I believe on this currency, and I think that their value will be more huge after a long term.
With 60% of my portfolio I do daily trading with 5-10% profit per day or sometimes it can take till 3-4 days, with 30% I invest to promising alts for long term and with 10% I invest to ICO's
strategy in crypto I think is buy a new coin after ICO finished and wait for the price pump, then sell the coin.
This is the Strategy I was following in crypto. This is the example.
buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
The main drawback of this method, as you've mentioned it yourself, is that a coin can start crashing before it reaches the 2x. That's why I would suggest a more safer method:
1. Buy a coin for X
2. Sell 70% when it reaches 1.5X
3. Do whatever you want with the rest.
Unfortunately I'm not following my own method in many cases when I think the coin will go up further to 2x or to 3x. I think it is called greed and it makes me lose.
If you have, at any point, the opportunity to cover your initial investment and still have enough crypto to play around with: don't hesitate and do it. It will give you peace of mind and it will allow you to trade with a lot less emotion and make better choices.
Before investing anything in the world of crypto currency, you need to remember one thing in your mind and that is you need to acquire some good amount of knowledge about the things which can help you later ion once you have invested your money into crypto world. Knowledge plays a very crucial role in this field as it is the only thing which can help you in having something good by helping you in making right decision.
Research really helps in avoiding scammers and cheaters and I advise everyone to HODL rather than day trade in this extremely volatile crypto market.
If you have, at any point, the opportunity to cover your initial investment and still have enough crypto to play around with: don't hesitate and do it. It will give you peace of mind and it will allow you to trade with a lot less emotion and make better choices.
Before investing anything in the world of crypto currency, you need to remember one thing in your mind and that is you need to acquire some good amount of knowledge about the things which can help you later ion once you have invested your money into crypto world. Knowledge plays a very crucial role in this field as it is the only thing which can help you in having something good by helping you in making right decision.
My strategy is quite easy. buy when the market is not good at a cheap price then hold for 2 to 3 months, when the results have doubled, I do not hesitate to sell it
I use strategy, buy and hold. Rarely traded within the day. Much safer to buy them and keep. In this sense, I am an investor.
You are an investor, so you have a great chance to invest in Bitcoin and other altcoins that have a big potential, because this time the crypto is in the red zone.
First off I never buy into FOMO. I read a white paper a day to be able to really understand this marketplace and the tech. When a White paper knocks my socks off I begin to research the Team members thoroughly and see if their vision has a real use case in the industry. Looking to get rich quick will inevitably have you REXT. RESEARCH, RESEARCH, RESEARCH, then HODLLLLLLLLLLLLLLLLLLLL.....
I am heading for short-term investments, so that in the short term I will be able to reach the result because I need the cash money but I think I can make more comfortable money in the long term conditions do not give me the hand
I only infest my 70% of my money on ethereum and the rest in altcoins, for now I can not predict when the price will go up, I only make short-term investments to cover up my losses yesterday, alt coin that I can use for short-term earnings is ethereum ignis and ripple
It is important that you find your own strategy. Inform yourself in the forum and in different telegram groups. Then do your own research before you invest in a coin. After selecting the right coins hold it for a while and you should make some profit. Only use spare money!!
All the best,
Peterparker9191
All the best,
Peterparker9191
I combine short-term and long-term methods. Part of the deposit is directed to short-term coins with an income of 15% for a couple of days, part of the deposit in coins with potential growth of x2-x5 for a couple of months.
I think the best strategy whe investing on cryotocurrency is thet we need to buy coins when the price dumping and sell them at the bumps then we can earn mkre money but more people are afraid to buy when the coins are dumping,but we need to look at the history many times the coins wakeup from the ashes so gou can trust cryotocurrency and invest on them.
indeed such a strategy is great for getting profit in trading,do not just pick coins, because coins are not all good.
I think the best way to earn money is to buy coins. Many people are afraid to invest. Those people are afraid to take the risk. One of the best strategy is investment on cryptocurrency. This is the best time to buy coins, the price is decreasing but we all know that as soon it recovers the price might reach its ceiling. Just keep investing on crytocurrency.
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