Bitcoin Forum

I will vote for passive investment, like the index funds  (e.g Iconomi, Cryptomover, etc...)

Then I can enjoy the uptrend of all coins and won't miss out any opportunity ;D

What are your thoughts?

Iconomi (ICN) offers the safest way for those who have no idea about how crypto investment works in general. By buying into their index funds,  let them do all the hard work while you sit back, relax and watch your money grow over time.

Good idea, but be careful with the "passive income". You can get fraud

I am going to divide my portfolio into half, half passive and half active.
I am thinking between Iconomi and Crytomover.
Iconomi is good but Cryptomover is charging a super low management fee (1bps per day as far as I know), and an index with the 10 largest coin sounds promising...
So I am still struggling...  :-\

what is Iconomic? How is it passive investment? Is it a platform where it allows you to buy coins and agents rotate the money for you? Sorry but I don't know how it works, can someone explain it to me? I want to be enlightened on this and how it is passive investment because I would like to find for efficient ways to invest in cryptocurrency

Iconomi is basically a platform for fund managers to list their own funds and attract investors. There are a few funds available now, one called Blockchain Index (an index fund), which gives us a way to do passive investment. We just send the money and sit and watch the performance of the index.

Cryptomover has a token called CM10, its underlying value is reflected by the CM10 Index Fund, which is an index fund composed of the 10 largest coins. This company is less well-known but the management fee is so low that it attracts my attention. I just did some research and turns out the company is in the 500 startups.

Actually I also search about Bit20, but seems like the liquidity of Bit20 is super low, so I am not considering it.

Hi.....I agree with cryptoonoob!!!!

The half active and Half passive account is safe and secure for the same.

• buy high
• sell low
• invest in biggest gainers at CoinMarketCap

 ;D

haha true.

but sometimes we will miss out some pumps if we are holding particular coin, so holding a portfolio of coins guarantee we enjoy every pump!

Your instruction would've been great if you didn't make a huge mistake. Obviously, you must've meant buying low and selling high.
Anyway, I think that the idea is good, but can be specified a bit. To invest safely one has to follow these steps:
1. Look at top 20 coins on coinmarketcap.
2. Define those which dropped 20%+.
3. Look at the news about these coins to make sure the drop is not due to serious problems discovered.
4. Look at the price chart of the coin and make sure it's price was 20%+ higher than now for at least two weeks.
5. BUY IMMEDIATELY those coins which met all the requirements.
6. Wait till the price recovers, then watch the price carefully once per hour.
7. Sell when it drops 5% from the maximum you saw that day.

indeed, many scam out there now, we have to do our own due diligence ;)

oh this is really a good strategy to follow, but step 6 may take a long time in some cases

There is no safe way to invest in cryptocurrency, the safest one is usdt, it can't be a investment for sure but even its value can decrease if it gets in trouble with banks.

I think that the index fund depend on the bitcoin and ethereum movement, Sometimes if the bitcoin gets drop a lot and you will be lost in index but that was a safest way in this time but that can't bring you a lot of profit in once time trade.

The safest way is not to invest at all

There is nothing safe in crypto markets. Look at the volatility. Also at the speed quantum computers are being developed, if one is able to breach the blockchain, we all are doomed.

That is not the safest way to invest in cryptocurrency IMO, because passive income does not last forever. If I were you, I will prefer active investment rather than passive investment and diversify my investments into many good altcoins to buy now and set a target. You are right though that passive income can be nice, so maybe I will diversify my investments between the passive and active one that way I have a chance of getting better profits.

There are no safe ways to invest in cryptocurrencies. All exchanges and coins are somewhat risky. But if you need steady income you should never buy anything other than top 20, especially pos coins.

just participate in a bunch of free airdrops. That way you never have to invest anything. Actually, holding free airdrops forever might even be the most profitable thing ever.

There is no safe way, or use free airdrop

I wouldn't hold anything online (keep it in a wallet you control) and know that almost nothing is regulated and even the "credible" sites (exchanges/investment sites) often end badly.  

I also invest in stocks, have a rental property, have some gold, and Lending Club.  Spread your money around, and don't invest more in Cryptos than you are willing to lose.  If my crypto holdings continue to grow as quickly as they have been, I'll take some off and put it in something safer, to keep accounts proportional.

...is to invest between 5% to 10% of your annual or monthly income in a token that you've seen not only their whitepaper and ANN, but also their business plan and pitch deck with easy to understand business model that could be achievable.

yeah... I would rather aim for a long term profit, so I am thinking diversification through index funds will be a good choice for me ;D

Actually that is my goal to build a diversified portfolio. I am planning to earn my first bucket of money by cryptocurrency and I will probably do it through investing in these index funds...

btw, just bought some CM10 from Cryptomover and some ICN for Iconomi, let's see what will happen  :P :P

Fraud is always lurking behind in this kind of investment. There is a relatively higher risk. I would rather buy and hold some top coins if I want to make profits from some passive investment. It is still profitable with less risk. Even holding BTC is worth it. No need to check every now and then. For as long as they are stored in safe wallets, everything's fine.

i believe diversification is safest

True. But sometimes we have to see how diversified it is.

I prefer composing the portfolio using the top 10 coins (or maybe 20 if you can take more risks). In this case we shall enjoy the uptrend of the market and limit loss when there is a dump for particular coin.

Nothing is truly safe but I think Tether is probably the least volatile of all crypto.  I wouldn't go long on Tether though,  ;D

Bitcoin is probably the safest non-fiat backed crypto but you have to be prepared for an 80% drop in Bitcoin because it has happened in the past.  Nothing in crypto can be called "safe".

Yes there is no safe at all. But investing in cryptocurrency we should spread our investment 5-10 cryptocurrency. That will ensure gives a return of profit. Thus, do some research also that worth investing for.

Really good recommendations for the purchase and sale of crypto-currencies on exchanges. Determine which coins of the top twenty coins at this time have fallen to 20 percent in price and if this fall is not caused by the drawbacks of this coin, but simply due to fluctuations, then this coin is acceptable for purchase. A good method. Thank you.

Add a 3rd part and increase the risks while you decrease control and profits?

Indeed a good idea