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Topic: Which plan seems better? - page 6. (Read 783 times)

mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
March 12, 2021, 05:58:26 AM
#2
Or just go with Plan B: Buy bitcoin only weekly or monthly.

I get that you want to speculate with other cryptocurrencies, buy I personally wouldn't allocate more than 10% in altcoins; and I'd definitely put zero on Litecoin. That's just me though, you do you.

Also at what point is a hardware wallet required?
When the value of cryptocurrencies you're holding is big enough to spend some money for more security. But since a Ledger Nano S or a Trezor One is cheap enough, I suggest just grabbing one asap from their official websites.
member
Activity: 64
Merit: 17
March 12, 2021, 05:20:17 AM
#1
Plan 1: Buy BTC and ETH only. Spend $50 and buy 50% BTC and 50% ETH. No schedule and buy on dips.

Plan 2: Buy BTC, ETH, and LTC. Weekly, regardless of the current cost of each coin. Alternate between coins so 1 week buy 50/50 BTC and ETH. Next week buy 100% LTC. Next week buys 50/50 again.

HODL both obviously.

Also at what point is a hardware wallet required?
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