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Topic: your opinion about this investment strategy - page 3. (Read 789 times)

sr. member
Activity: 1120
Merit: 255
The best investment strategy is one that you understand and that you will actually stick to. Trading or investments can tend to trigger emotional responses, and emotional trading will lose you money every time as you depart from the strategy, thereby play long-term for 1 year or more In my opinion. First of all, you must understand it is an investment in new technology and in the future. if you want to HODL, you made a big decision.

I highly recommend, always buy coins when you see a good chance or a good price. try to spend no more than 15-20% of the budget. If the price drops by 5-10%, buy again. First of all, always buy coins in high potential, and don't be prejudiced on certain coins. I don't like coins that are 90-99% copy other more big coins like ETH, and you listed some of them. In such coins, I don’t see a great future. Also, marketing is one of the important points. The company or Dev team must be aggressive in the market and promote its technologies and solutions. Keep that in mind, too.
sr. member
Activity: 1638
Merit: 261
Your way of choosing an investment is already very precise, let alone choose several altcoins, indeed in the world of crypto an inveetation strategy is very important in determining the profit. Your way is very simple but it's a crush for others. The point is if you want to invest not only in one altcoin. Choose from several altcoins that have a potential future.

Dividing our investment to route to for multiple altcoins are good but the most important point over her is the potential the altcoins carry as I have made some mistakes and profits as well in the past.  We need to decide the terms of investment and there are some coins like HOLO (HOT) which is very cheap and highly volatile which can be used for day trading as it gives us chance of better return everyday because everyday it fluctuates and there are coins like XLM,  XRP which can be preferred for investment till the bull run and then there are coins like BNB and ETH which can be considered for long term investment. We need to decide the type of investment and choose the coins based on that.

Investing in multiple coin is great idea if we have done enough research because instead of investing in 10 altcoins and gaining profit on 5 we can narrow it down to 5 altcoins and get profit from 3 out of it. This requires a lot of market research and insights.
sr. member
Activity: 534
Merit: 250
The planing is pretty good as a novice investor and wants to take part in the crypto world. But there are things I must ask. Do you have capital every month and everything is used to buy some crypto with the description you explained above?

I do not see the reserve funds you have set for these investments, each investment should determine what percentage of the funds used to buy crypto and the reserve funds used to buy altcoin again when prices decline. Reserve funds are very important to keep your capital intact. Must really be able to manage capital for investment so as not to experience a lot of losses and can get the maximum profit.
full member
Activity: 560
Merit: 102
BBOD - The Best Crypto Derivatives Exchange
i believe choosing a really good method to enter the market is very important to us everytime we start investing, of course investing in long term is always better than short term because profit is always far more better, so the first stage is choosing a really worthy project with a properly coin for long term, that's why background of the crypto is very important,  i will choose top cryptos like BCH or XRP because they already have enough time to show us their value to exist for a long time in this market.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
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What is your perspective on this situation?
LOL, xrp investment  Cheesy Cheesy

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very well versed in matters of investing
Oh my......he can see about as much as a mole
legendary
Activity: 2534
Merit: 1338
Your list of coins is not totally bad but if i were you i will concentrate more on well establish coins like BTC and ETH maybe Litecoin also instead of having some coin which may like fail you. All the best.
Most of the time I will agree with an opinion like this but the OP seems to be very well versed in matters of investing and when that is the case it is fine to take a larger risk, putting an even greater amount of money in established coins may not do a lot to help him achieve his goals and it will slow him down, I am sure he can deal with it and if things begin to take a turn for the worse then he will be capable of adjusting his portfolio to reduce his losses.
copper member
Activity: 336
Merit: 3
Cryptoknowmics - World's First Decentralized Media
Every good portfolio is made in three steps. First of all, you need to find assets that you are interested in (check), secondly, you need to diversify your portfolio in equal parts (check), thirdly, rebalance your portfolio every month (check). You are good to go, but do not hold everything in one backet, spread your crypto among some wallets for more safety.
sr. member
Activity: 980
Merit: 252
Your list of coins is not totally bad but if i were you i will concentrate more on well establish coins like BTC and ETH maybe Litecoin also instead of having some coin which may like fail you. All the best.
Holding 50% of the assets to altcoins is recommended based on crypto experts portofolio
but it's not recommended to hold altcoins for a long time, taking little profits from them is good and move to other alts, because alts have different time to rise
sr. member
Activity: 1456
Merit: 359
Your port allocation for me is not good because you have a lot of coins in your portfolio. Even professional traders are only prefer to trade cryptocurrencies with a maximum of 4 cryptocurrencies for them to easily manage it.
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
The investment strategy is good but for now, investing in bitcoin only will give you more profit. Bitcoin pumped from 7000$ to 9000$ in just 3-4 days so I guess you should choose bitcoin this time. Stop investing in altcoins except for BCHABC. As predicted BCHABC will cross 1k$ in 3-4 months.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
If you learn how to invest here for few weeks only then better to not do it fast because you need a lot of time by this like study it before you really do invest in different cryptocurrency here then start first in btc that trusted and popular already for so long period of time then do invest in altcoins little by little then i recommend eth,bch,xrp,doge,bnb
it is not always beneficial to buy bitcoin directly. sometimes it will be better to buy bitcoin through altcoins. here it is also important to have your own buying strategy
sr. member
Activity: 700
Merit: 250
It's always better to diversify and you are investing very wisely. You already add some good coins in your portfolio apart from this you can do some study about NEO, BNB, Tron & Quant too for further investment purpose if you wish.
They also prepare the good portfolio and your suggesting coins also good make profit. But every one have individual method and suitable portfolio so I am not suggesting and advising the any investment strategy. Nowadays many peoples are follow some tricks, telegram groups and etc so we only said crypto is a wonderful investment on long term and those are have they earn each transaction and every day.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
It's always better to diversify and you are investing very wisely. You already add some good coins in your portfolio apart from this you can do some study about NEO, BNB, Tron & Quant too for further investment purpose if you wish.
full member
Activity: 490
Merit: 100
send and receive money instantly, with no hidden c
My opinion about your strategy is very good. But I didn't know it was XML, maybe because I never saw it in CMC.
I think the best and very best strategy is to believe in your choices. Yes, of course, the choice has been through a series of studies. Sometimes listening to other people's opinions only makes us doubt our own choices.

Thinking the same as me, the point is we have to go back to ourselves, the strategy of listening from other people is very bad, confident in ourselves and believe that the investment we choose is the best and will generate large profits.
full member
Activity: 490
Merit: 100
send and receive money instantly, with no hidden c
in my opinion your investment strategy is quite good. You always set aside $ 250 to buy crypto. diversifying investments is a great way to minimize the risk of loss. because when one coin goes down we still have another reliable coin. I will add two more coins, namely ethereum and litecoin. in my opinion these two coins are also very potential.
That's true.
From the OP's explanation, I concluded that you want to invest for the long term, to enjoy old age when you retire later, right? or raise money to be able to retire early. You apply a buy and hold strategy, by setting aside salary every month continuously. In my opinion, the most effective coin for this strategy is BTC. Strengthen mentally to hold, ignore fluctuating prices in a short time frame, then focus on long-term price increases. For other altcoins, OP choice is not bad either, my suggestion, add BNB in your investment, is quite potential. Most of the members here suggest it Smiley


I agree with you, the OP's explanation makes us a race for our future, of course we start from now to invest long term, buy and hold it maybe we should do it. altcoin strategy in my opinion is not only in BTC and BNB, we can also invest in ETH, because in my opinion this is one of the altcoins that have an altcoin team with very good performance.
full member
Activity: 490
Merit: 100
send and receive money instantly, with no hidden c
If you want to invest, of course you must have a very good strategy, besides that before you enter the world of investment, you must know and understand what an investment is, and most importantly you must be mentally strong in getting losses and profits.
jr. member
Activity: 672
Merit: 1
Bitcoin is stable and the most widely known of all the crypto-currencies . Put your money there I think it will bring great returns on investment in the long run
legendary
Activity: 2226
Merit: 1086
duelbits.com
Welcome to the crypto world. One to remember when entering in this crypto world is that you may be rich, but you may not be rich quickly because crypto also includes the high risks, you may get big profits, but you may also get big lost. This is the main point if you are in crypto.

Well, related to the statement, what coin is XML? Do you mean XLM (Stellar)?

Secondly, I appreciate your effort to diversify your funds into several coins, this is the great step you have chosen. Your coins are good enough, but I think that you can include ETH to be owned, whatever, this is promising enough.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
Your list of coins is not totally bad but if i were you i will concentrate more on well establish coins like BTC and ETH maybe Litecoin also instead of having some coin which may like fail you. All the best.
Your strategy is very low-risk and long-term. if we are considering investments for a year or half a year, then you can choose other coins that can bring you a lot of money
sr. member
Activity: 1246
Merit: 285
in my opinion your investment strategy is quite good. You always set aside $ 250 to buy crypto. diversifying investments is a great way to minimize the risk of loss. because when one coin goes down we still have another reliable coin. I will add two more coins, namely ethereum and litecoin. in my opinion these two coins are also very potential.
That's true.
From the OP's explanation, I concluded that you want to invest for the long term, to enjoy old age when you retire later, right? or raise money to be able to retire early. You apply a buy and hold strategy, by setting aside salary every month continuously. In my opinion, the most effective coin for this strategy is BTC. Strengthen mentally to hold, ignore fluctuating prices in a short time frame, then focus on long-term price increases. For other altcoins, OP choice is not bad either, my suggestion, add BNB in your investment, is quite potential. Most of the members here suggest it Smiley
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