Bitcoin Forum

Hi crypto-lovers !

As you can see I'm what you call a newbie on the bitcointalk forum...

I'm fairly new to crypto, began do some research and investing since a couple of weeks. Glad to have discovered this amazing world !


I invested 1250€ into it, pbb peanuts in comparison with some of you but I have to start somewhere :)


This is how my portfolio looks like atm:

Ethereum 3
Factom 5
Stratis 50
Golem 250
Maidsafe 250
Ripple 300
Digibyte 3000
Lisk 50
Waves 20
Wings 100
Verge 9000


Feel free to comment on the choiches i've made and feel free to share yours !


Inn for the long term !!

Monero?  Bitcoin?

Ok. The most promising ones are ether and golem, others are mostly gamble. Waves and lisk have speculation potential, especially lisk since it's mcap is lower. Ripple doesn't have any usage, nor future usage potential because obviously banks don't buy xrp. If they did, mcap would be 500bil right now.

Your portfolio looks decent, I would get rid of ripple and add bitcoin instead. I would also keep some money aside for ICOs as most of the coins you listed already had their prime pump times whereas ICOs are completely new coins which can go up many thousands of times their original value if you pick them right.

Related...

Do you hold your coins on exchanges?

Or manage 10 different wallets / private keys / backups?

I've heard a phrase - if you keep coins on exchanges you don't really own it...

So I would like to know - also as a newbie creating portfolio - how to securely hold multiple coins?

Ideally one seed phrase used to generate all the private keys to various wallets - possible?

I've installed JAXX wallet Today but only 10-15 coins supported... So I'm genuinely curious about the ways to store them all...

You guys happen to know a way to 2FA a MEW?

These are good choices, especially Lisk! Just dont sell your lisk before it reaches 20 usd!

Personally I dislike etherium and ripple and prefer bitcoin and dash, but who knows? your selection might work out better than mine.

Never put all eggs in one basket.
So, it is good you spread your risk.
I think you should have some bitcoin. Maybe 40% of tital in value
Also, siacoin and digibyte are good

Hello MissEmVa

I think you have a decent portfolio

a) Need to add BTC, you will need this finance purchases since most currencies trade vs BTC

b) Would not include Ripple, its already 9B market cap, hard to see appreciation here and the promoters own a very large share block which is an overhang

c) Consider adding a few small low market cap coins: Feathercoin, MusicCoin, Viacoin, Voxelus. These will be more volatile but you may earn higher returns here. 

As some user mentioned it already; I would suggest you to get rid of Ripple and maybe buy btc instead of it.

Here's the thing.  Bull markets don't last forever, so enjoy everything now while it lasts and don't ever forget to always be ready to convert back to Bitcoin.  BTC will always be your base, simply because every altcoin is traded against it.

It's easy to make the mistake thinking we're a market genius in a bull market.  Just be happy we're all making profit.

I've been trading crypto for a few years and had zero prior trading experience... I make more money when I keep it simple. I suggest staying far away from Poloniex and use Bitfinex instead. Bitfinex currently has 8 coins... and that's all you need to make money.


Every month, I predict which 4 coins will gain the most ground within that month... that means I stick to one coin per week. I know people say don't put all your eggs in one basket, but I'm looking to pull off only 2 trades per week that yield massive profit. Last month was my most successful month. On May 1st, I had $50,000 in crypto... today I have $250,000.


I invested everything into LTC. Segwit pumped, then I dumped everything into ETC. BTCC pumped, then I sank everything into XRP. XRP pumped, then I dumped everything into ZEC. Yes, i did miss the Morgan Stanley pump. Oh well. Couple days ago I sank everything into XMR before that pumped. Then, went back into ZEC last night at 3 in the morning and made about $30k off this mornings pump. Sold at 0.11 BTC.


Bought about 1,000 ZEC at 0.1 BTC couple hours ago and think I'll sleep on that.


Be smart, do hours of research every day, and trade like you got balls.

Invest actively and trade passively.

I'd add SC to my list of investments if I were you. It's still cheap as hell and has a lot of potential to grow. Its developers are very active and you can see that in their subreddit. The fact that it's been around and has been listed on all major exchanges is helpful too. You can also mine some if you're into that and don't want to spend money directly.

i suggest you to have dgb coin to because i think this coin will raise on the future

I think Golem is the best one (least risky) and the most risky Verge (because it just shut up so much I just can't see that not going down at some point).

I'll watch good luck.

I think in my situation Bitcoin is pbb not the best risk/reward ratio, same for Monero. What do you think ?

It's definitely the purpose to convert to bitcoin some day, but I think atm some other projects are going to show me more profit.

Thanks! SOMN is atm the only ICO I'm having an eye on.

Other suggestions ?

No I try to not hold my coins on an exchange. For most of the coins I have separate wallets / private key / backups

If you have ethereum based tokens as Golem and Wings, you can store them in MyEtherWallet..

I still have Factom and verge on the exchange, but will create a separate wallet this week. I do use coinpayments.net to store my ripple and MAID atm.

Siacoin was idd on my list, but didn't invested in yet. Maybe you can convince me?


Digibyte I have :)

Agree on the BTC, and pbb agree on Ripple as well :)

I will give this low market cap coins a look, only read a bit about viacoin atm..

Will get deeper into SC... You're not the first one mentioning this... What potential do you see in SC ?

Agree on both!

I do think Factom is still a sleeping Giant !

Congratz sir!

I do don't think I'm the right person to do some daily or weekly trades... I would pbb let my emotions come to play :)

Thank you   ;)

Believe me, I've banged my head against the wall too many times from trading lol.
Flipped all my ZEC into XRP, hopefully it was the right move    ???

Very impressive, I wish I had that much to invest. XD

I'm finally getting back into messing with cryptocurrency again, this thread is great, thank you all. :)

This is the biggest problem with trading, make a wrong move and you realize you should have just waited. On the other hand if you don't trade you bang your head for staying too long in a coin.

Funny story, I actually bought my first coin from the guy who created this website.
The year was 2014, 20 BTC for $400.
I remember it like it was yesterday.

I had way too much fun with those coins.

Anyway, 8 months later I bought 10 BTC for $1,000 and now here we are   ;)


AND YES, probably should've just waited and held onto them ZECkers.

Maybe next time.
Peace!

Ok... Little change into the portfolio :)

I have trade my verge for edgeless...

Hah I tried to buy some when I first heard about it. in v0.3. XD It was too hot for me to CPU mine.

When the ASICs first came out, I mined up almost an entire bitcoin before the difficulty spiked.

Sadly I only have about 0.1 BTC to invest now.


Any suggestions for long-term holdings?


@MissEmVa - you might want to check out STEEM - https://steemit.com/ - the blockchain runs that site. :)

It looks like a nice portfolio you have there. I'm going to look up on these coins and learn​. I thing €1250 is plenty to start off. S very nice amount. You could profit greatly. I think over the new few months and hopefully years these coins will pay off long term. Also add menero and Bitcoin itself. I know someone already said so I'm just reenforcing it.

Well... Steem...

That was the first coin I invested in, 100 off Steem.

Now... I messed it up :p

I noted my password on just a paper, I still have the paper though but it seems I made a mistake in writing it down... I already tried several of hundreds of combinations but I can't find to seem the right solution...

So I have Steem, I have an account on Steemit but I can't transfer the money.. Looks like I have paid some "learn money" to get familiar with crypto..

Lesson learned? Make back ups but not just on a single piece of paper witch can contain lots of human mistakes...


I'm still not giving up on the password but it seems like a mission impossible...

I didn't mention the Steem in my portfolio because I see it as lost :)

i see this means your in for a long term profit..
my take do not panic sell and do not give up .. just keep holding 90% of those coins will give you 100% profit in less than 6 months
good luck..

ty! I already broke the 1k mark in profits :)

Genuinely curious how to securely store them.

So many passwords, backups, recovery phrases - very easy to get lost.

My questions is in the "newbie" territory that's why asking here.

Ouch! I'm sorry you lost access! That said, it is controlled via a website with an email or facebook link or some kind of external connection. (It required facebook originally from what I understand but worked with just an email when I signed up)   So.. you may be able to recover or reset your steem account, if you still have access to whatever other account you used. You can also try contacting the devs directly - they do help reset things, for example when a user posts a private key publically (I almost did lol)

If this info helps, please remember me when you're rich. ;>

Re: storing many many altcoins: There are multi-coin wallets. Just be careful, watch for viruses and malware, etc. I could use suggestions for a good one.

 Humaniq  ? 

sorry  :( :( :( for your lost but just do not give up as you rightly said
all will be well..

I traded Verge for 1337.
We will see if it goes to the moon.

Hello!
Can you a bit explain, why you choose any coin for investment?

For example, I am prefer coins with strong, unique ideas.
Here are some that i like, and explanation why:

Augur - Decentralized prediction platform
MaidSafeCoin - Massive Array of Internet Disks, The SAFE network takes all the Internet services currently available today and decentralizes them
Dash -  First Self-Funding Self-Governing Crypto Currency. Anonymouse transactions.
Monero - Anonymouse transactions.
Zcache - Anonymouse transactions, based on zero knowledge cryptography
Golem - accessible-to-everyone, distributed, supercomputer that reduces costs of scientific research

Can you use percents to show the shares of portfolio?
Always - 30% BTC, 20% USD + 50% forks + amount of USD not to miss some opportunity to buy

Try to give a short explanation, don’t shoot the messenger crypto lovers, just a newbie, while learning there can be some mistakes…


Ethereum:

Smart contracts

Developing of DAPP’s (decentralised applications) and DOA’s (decentralized autonomous organization)

Within Ethereum you can program, develop, arrange etc, without interference of a third party.. possibilities are endless…

Some examples: Golem, Wings, Aragon, MyEtherWallet….

Big alliance supporting Ethereum: Microsoft, Intel, JP morgan…..



Factom:

What Ethereum is to smart contracts en DAPP’s is Factom to data

Storing, sharing and securing data

Support from the Bill Gates foundation, Smartrac, US department of Homeland security

 

Stratis:

Similar to Ethereum, DAPP’s and smart contracts

A difference is that Stratis uses the C# language to develop (making use of the Microsoft.net framework), app’s will run on Stratis sidechains

Stratis platform also helps to update the bitcoin network. Breeze wallet for Bitcoin will soon come out as well. Watch out for this !



Golem:

Ethereum based Worldwide supercomputer, the new internet?

Promising and could be something really big.. Some clones around the corner already…


Maidsafe:

As you say massive array of internet disks

Safe network, decentralised and secure, LONG term project :p

Keep an eye when the safe network lauches…



Ripple

People like it or people dislike it

Centralized, p2p payment network with XRP as coin

A lot of big banks do already use the ripple network, namely to complete cross border transfers as very fast

While the ripple network is really interesting, what about the currency XRP ?

It’s not because banks do use the ripple network, that they are going to use XRP, they don’t have to, they can use their own currency

So the BIG question, to invest or not to invest…



Digibyte

Decentralized payment network and digital currency

Much faster then Bitcoin, more secure then Bitcoin

Competitor to GAME Credits

Keep an eye on tomorrow 9/06, big conference in Singapore where DGB is a finalist for the citi group challenge
 


Lisk
Application platform for JavaScript developers



Waves

Decentralized exchange

Fast, low cost and scalable

FIAT transfer EUR USD BTC

Possibility to create your own token

Smart contract Q4 2017



Wings

Ethereum based platform for the creation and funding of Decentralized Autonomous Organisations (DAO)



Edgeless

Ethereum based decentralised casino
Blackjack
Video poker
Micro limits dice
Sports betting
Platform for developers

Edgeless? Really ?

Just changed my verge into this coin so I still have to dig a bit deeper…



 

Very instructive explanation, thank you! :)
I have a bit criticism for Digibyte and Waves:
I think faster transactions, decentralized exhcnages, smart contracts isnt enough,because there are many crypto-currencies that also provides this features, and make it much earlier than others.
But I agree with you about other coins, going to research them and may be include in my portfolio too.

Did you consider stellar lumens? They are potential 10x risers.

I like some of the picks but think a lot are based on speculation. I like Monero because of their track record and high privacy factor while at the same time are being used for their purpose. Lykke is interesting and probably my next addition to my portfolio. Hope you do well and good luck  :).

Contact support of Steemit lacks... Still didn't give me an answer.. After several days I tried the Steemit chat, where I did recieve an answer from Tim, an answer that was clear, that he could not help me to recover my account.

I can still log in with my posting key, I can see my Steem but I can't tranfer it.. 

Just imagine... that in a couple of years you see that you have several of thousands in your account but you can't take them... :)

There could maybe be a possibility to brute force but that's something I can't... I have the pasword, pbb 1 or 2 mistakes i  it.. not sure..

SO if someone can help me with this or has some advice...

One of the projects I have on the radar... Humaniq, Wetrust, Lyyke...

Humaniq en Wetrust looking nice, promising, helping the world.. but also so diffcult to realise I guess...

What's your opinion? Why should I invest in Humaniq ?

Ouch that sucks. I'm sorry for your loss. :(

The only thing I can think of is to try contacting them again if it's been more than a few months, or try brute-forcing the password some more.

It might be saved in another browser too, or it might be a different password, if you have something else that might be it.

I remember there's a transaction private key that's separate from the main login, if you can get into your wallet then you may be able to view that private key.


If all else fails, you could always make a new Steem acct, post as much info as you have about the old account, and make it a "hax my old account" contest. XD


I'm doing a small sampling of altcoins to see how things are going:

DigiByte, Edgeless, Factom, Golem, Stellar, Stratis, XEM, and Ripple. (and btc, eth, and ltc for the big ones) What do you all think?

Never took it into consideration yet...

There just so many coins/ projects running. It makes it really difficult to be informed about all.. Also picking out the good most promising ones with every individual having an own opinion.. I'm feeling like a fish in the ocean :)

Because of that I thinks it's really important to diversify and not put all your money on one project..

I'm aware that some of my picks will fale.. but that the big winners will cover the losses pretty easy :)

Haha.. That could be a nice contest but one ending up with someone ripping my Steem  ;D


To get access to the private active key, I need to log in with my password as well or private owner key.. To get access to the owner key I also need the password.. Stuck stuck stuck...


Why the hell all those paswords anyway ?  :P


Imo it's to complicated for the average person, if they want to "overtake the world" they have to simplify those passwords.. To many people are going to have problems with it...

That would be a nice portfolio !


I do not have XEM on my list because it's already having such a big market cap and I'm afraid I missed the train.. but I do like it very much !

OMG

Look what mail I just received from coinpayments....

I have 0 Ripple left....


Dear ,

It is with deep regret we must inform you of an error we discovered in our Ripple service on June 5th, 2017 that allowed a few users to withdraw excessive XRP from hot wallet XRP accounts. Our records show that you are one of the users affected by this unfortunate activity. The issue was hard to detect because of the rarity of circumstances where it could happen. We have done a full review of our systems and added additional checks and protections to make sure similar issues don't occur in the future.

 This isolated incident is the first of its kind on our platform and affected only ripple wallets which were not taking advantage of our long-term coin storage solution, the Vault. The people who exploited the glitch were not hackers, but other long term users of our service who made errors or chose not to report the discovered issue and ended up withdrawing other client’s XRP. Their detailed personal information has been collected and they all have been contacted to return the funds immediately. We are in communication with some already and reclamation process has begun with the help of our lawyers. Early response indicates that honesty appears to be prevailing. Some of the funds have already been returned and through a series of escalating steps we will be making every effort to ensure the XRP is returned to its rightful owners. We will be working diligently with local and international authorities for the safe return all balances and will proceed with criminal prosecution of those who do not return the funds willingly.

 Your patience is greatly appreciated as we work through this matter. Note that your balance has been updated to reflect your new balance. Our support staff will not be able to give any information regarding the situation or adjust your Ripple balance.

 We would like to remind everyone that any coin stored for an extended period should always be Vaulted. This service is free and offers the highest level of protection for any funds kept online. Additionally, we will dedicate 1/4 of our revenue flowing directly to effected users until we restore all of the missing value in their accounts. All coins recovered will be evenly distributed among all accounts effected as those come in.

 Sincerely,
 Alex Alexandrov
 Chief Executive Officer
 CoinPayments Inc.

I wondered why Coinpayments had Ripple disabled. XD

At least they say they'll reimburse you. It was probably an unintentional glitch or bug rather than malicious.

Withdraw (or vault) your coins regularly.

Maybe they face some problem with ripple may be when converting from other currency to XRP. Previously I made a transaction with coin payment but i never faced any problem with coin payments. I hope the issue will be resolved very soon.

you can add ETC , Monero , DGB

Some people are trying to gain in BTC while others try to gain in euros.

If you are looking to measure your returns in euros (or similar) then you'll have to watch not only the price of your holdings but also the price in BTC. A large swing in price on BTC would potentially very heavily affect a return in euros across the portfolio so be sure to factor both long and short on the coins plus the long and short on your exit.