Bitcoin Forum

Hello community,

Like the subject says, Im seeking any kind of advice/tips for a strategic planning investment on altcoins.  I'm a beginner regarding to crypto investments, I've been around for while, however, I started investing only 2 months ago.

So, what I was thinking as a long term strategy could be:

- Each month, invest 250$ into a max of 6 altcoins (250$ for each)
 
I can only afford 250$, but I guess it is a plausible value to invest. I  like the idea if I can rotate 250$, each month, trough the 6 altcoins that I'm holding in order to increase the amount of coins, and get a higher ROI.

What are your opinions?  Should i diversify more instead of trying to get a higher amount of coins for the alts that Im holding?

Share your toughs with me.

my regards

No one can give a definitive answer to this question. Better to do research about any coin before you invest and decide whether to invest the total of your money in that or invest some of that in other coins. Some coins worth to invest much money in them, like Ethereum, Litecoin, Dash, Monero and waves.

if spreading your money in various altcoin it can be very profitable but must already to the altcoin that already exist or trusted from the first such as litecoin, etherium, or others but if I prefer to invest money to Etherium as a whole I do not divide so the results are numerous

It's up to your personal level of risk. Invest into the top 6 coins you should make slow steady returns. Gamble it on an ICO and perhaps make a big win a couple years from now. Personally I would do $200 in your choice of coins from the top 10, then the other $50 in some smaller market cap coins.

there is a lot of ways for different people and also based on thier experience as well but i cannot give a definitive answer to this type of question as of now. its better to do a research first about any coin that you want to invest in the near future and decide whether to invest the total of your money or invest it from other coins. There is some coins that it is worth to invest like ethereum, litecoin,dash , monero and waves.

Trading, or rotating as you call it, is immensely difficult to do successful over a long period of time. It's easier to find coins with a strong team that are less likely to fall, but those will offer lower returns overall. It's up to you how much risk you want to take and since the amount you're investing is small on paper, you might want to take larger risks by picking out lower market cap coins that seem solid. But that's up to you, I don't know if $250 is a lot to you or not.
I'm personally investing rather risky because I know that I can get $200k per year jobs easily with my education and skill set, if I didn't have access to that I'd make sure to keep a good amount in Bitcoin for safety.


Basically, you need to figure out how much you are willing to lose at most in the worst case scenario and then play around that.

To this question I can only answer you, because the problem lies in the risks that you can bear. Personally, I invest less than 2% in every coin except bitcoin and ether (in each of them I put 20%)

Besides of local roll up and down of altcoins there is a global roll up and down of all cryptocurrencies including bitcoin and etherium.
You need to learn first this question.

And my second advice.
From start of 2017 was very huge rise up of 80-90% cryptocurrencies. It was due to ICO. So the main idea to invest in some number of alts for super long term. And than wait next wave of global rise up off all cryptocurrencies. It can happen in end of this year or in 1 year. But I think it will be inevitable. So just hold some good altcoins and wait global rise up. And you can do 10-20x in next rise up.

You have a good strategy, focus just on some potential coin. Buy every month, increase the buying on price decrease and decrease when its increased.

I think that now it is not necessary to buy anything, better to wait and buy everything at once - from top of coins to altcoins.

It's a good strategy if you can pick out good altcoins to invest in and not just buy them randomly.
The amount of money that you're putting aside is definitely enough to start investing, but I hope you also have another savings account besides that.

Always research every coin before you decide to buy, also don't sell at every price drop of course.

Winning the game will depend on how the price behave. But since price is unpredictable no way you can set a monthly goals since earnings here is not fixed.

I know you know now some bacics on how to earn since you will not entered this game if your brain is empty of knowledge. You know like I said there is no fixed amount that can rotate like you want since sometimes price dump and pump can lasts longer or on the other hand, no price movement will happen for a month.

Just set it these way, whenever you win, circulate it. Diversfying it will be your own decision so you need to do an actual moves here and see if that will be effective.

It is a good strategy to invest in bitcoins instead of only buying it, because it is innovative and its demand is high and it is also expected to be registered in all stock exchanges soon.So, it is also expected that its market will be bull market.

There is no strategy actally, it all depends on you but I suggest you to hold mostly bitcoins in your portfolio and few altcoins. This is a good strategy for long term.

BTC, and ETH making up a chunk, and then making 5 or so ALT coin purchases on what you feel are the best projects. Long term you have a good chance of benefiting from any overall rise in the market.


Rory

Even diversifying wont really give any assurance that you would able to rotate or generate income on monthly basis because profits or loses would depend on how the coins would behave its price and also this would depend on what coin you did put your investment on.Selecting coins would be the hardest part which you would really need to research first before putting on some money not just carelessly select any coins that you do like.

If you're going straight to alt-coins then I wouldn't recommend that.  Do your own research but I'd recommend keeping some of that $250 into more 'stable' coins like bitcoin and ethereum.  You should also know that you're entering into a crazy period for crypto.  Bitcoin is the most established and  is one of the more stable coins, but in the last month it's gone from $4,000 to $5,000 to $4500 back to $4,800... and now it's gone down to $3,500.  It takes a lot of discipline to not panic at these times.

Based on your message it sounds like you're looking to buy-and-hold, not day trade... is that correct?

I like the strategy post.


First decide what is your goal.

Looking from the view that your money working for you and it must distributed interested to you.

Not struck in any strategy. Leave that strategy behind if it cannot provide profit.

in my opinion, try to start analyzing an ico and occasionally invest in pre-co, it makes you get a lot of bonuses, but this is certainly very risky, especially you have to compete with bounty hunter which makes the first price in the exchanger a little bit chaotic, just hold your tokens a few moments and you will see the price will be profitable

following developments and analyzing altcoin is very much needed in making decisions for investment, how you should take participation in ico success, this means you have to start building from scratch, this short time investment is very profitable but it could be detrimental.

If you diversify more, you may not see such huge short term growth as if you invested in one coin in good time. Also, if you have really low money to invest, I would suggest you using margin trading leverage to make more money from small investments. But remember, with every trading comes great risk, especially in marging trading.

Have you invested in any project? If you intend to invest $ 250 x 6 then I think you should invest in BTC or ETH, NEO, etc..., you can trade short term to make a profit every day

The best strategy is to buy top performing coins like BTC, ETH, LTC and hold. In addition, you want to buy other smaller alternate coins and hold as well. It's hard to time the market. Plus you will be stress-out if you're day trade.

if your looking for strategic investment you need to look at the anonymous coins,like Deeponion. these will be big soon with all thats going on in the markets

I suppose that you should build your own strategy based on all strategies and advices from other investors. My advice is to learn and practice with amount of money which you are ready to loose.

Good luck  ;)

The big crash that happened is the one before the final crash and if you are being strategic you would buy now when it is low.

I don't know what I can clearly state in your situation. I feel like 6 coin diversify is enough. As it would be very hard to follow 10 coins at the same time. I think you should do monthly checks before you invest blindly as well.

The best way would be invest in let say 3 - 4 altcoins, which you know. There are so many altcoins in the market, who knows, what can happen with new altcoins. If you know 3 - 4 altcoin price trends 1 year or 6 months backward, then you can predict future as well. So you can invest smart and make good profit.

i'm sorry but i don't see any "strategy" here. you just said how much you want to invest!

the strategy would be saying how would you choose those 6 coins you mentioned. how would you decide if it is a good time to buy? how long will you hold? are you just randomly choosing those 6?

you should first choose a coin that you analyze to be rising then after investing you should choose a time to sell that coin to get the profit out and invest it in the next one.

I full agree with you. I am missing the strategy. The main question, which you need to answer yourself is, do you want to become an investor or do you want to speculate with the coins. Based on this your selection may differ and also your strategy would differ.

You need to do a strategic planning to choose a potential coin from a lot. You just can't go and invest in any 6 coins and you simply can't shift your investment from one coin to another in a period of a month. Sometimes you need to do day trading and sometimes a long term investment would be profitable. Altcoin market is very unpredictable. Hence, you need to be quick enough to enter a coin at right time before it get pumped. This requires a lot of patience and study.

Just like what I always say to everyone who asks: always do your own research. Do not rely on other people when it comes to your money. Because you do not know who the people behind these accounts are. You do not know if they are really knowledgeable individuals or if they are giving you facts and not just spitting out lies. If you ask for an advice, then i advice you to consider all the advices you get here and do your own research and come up with your own way to maximize you profits.

Hope this helps. Goodluck.

investing in ico is the best. or you can buy cheap coins and hold them if you have a prediction of having a future.
but my only advice on ico chance can be very big. but did not escape the risk that stretched.

Just buy and hold. Most altcoins are scam.

The amount of money that you're putting aside is definitely enough to start investing,It's a good strategy if you can pick out good altcoins to invest in and not just buy them randomly.I hope you also have another savings account besides that.

I would consider loading up on Powerledger. The ICO is running now and it is super cheap. Check it out here (https://bounty.powerledger.io/btctalk/?hash=UN2H4claZer0n1cG)

If you do invest or putting on new altcoins which isnt really unknown then for sure you are most likely doing suicide since you are just likely throwing your money but not all altcoins are scams specially if you do really know which coin you would decide to invest.Diversifying is always a good thing if you do really know on what you are doing but if not then better not to risk at all.

look for the cheapest coin and have a future prospect. first you have to plunge and investigate every coin you will invest.
maybe my advice is only on ico project. like her it would be nice to invest.

Totally agree ! Everybody says own opinion and way that they know.
Even if you lose, its better to have your own strategy. You could ask or research for some advice but just for having different ideas. Not to apply them directly.

research research and once again - research.

When u find good coin which u believe in, wait for a dump to buy. Spend max 20-30% of ur money into one currency. Keep reading, follow the telegram/slack (most of the information I get exactly from teleg/slack)

About ICOs, just starting with that - My plan is to look for few ICOs with high community and invest to 5-10 icos, low amount for every (like 100 dollars or something)... I hope it will make me profit (maybe not a huge one, but im not greedy)

My first rule is "...slowly, step by step..."

In my opinion it's also good to always hold some btc/eth so you can buy other currency if will be dump suddenly.

Regards

Still the many altcoins and recently introduced ICO has been provided the profit for the people who have invested on it.

I do understand that altcoin investment is giving the good profit than any one. Even in mining also altcoin is giving more profit than you find in bitcoin mining.

I would say don't look about the new ICO and wait to have a market place value with the gradual profit and invest on it.

Buy some DiaMonD and "stake" it, currently it pays about 25% per year plus the value per coin has been on an upwards trajectory long term.

-MarkM-

My strategy is simple. I trade inside the day with weak coins and long coins with strong coins.

Although I do not think there is a difference beetwen  to invest in bitcoins instead of only buying it,it's supposed to be the same thing,well maybe you are referring to diversify into altcoins.

That's one of a good strategy just look for a good altcoin which offer a return of profit. I just simply invest on a top coins which really offer to earn profit. I hold for a long term investment and day trading for a short invesment. Anyway before investing we need to do some research on which altcoin is quite promising.

Choose coins that have food support and an active Dev. Ne very careful what you choose. You can normally tell if it is a scam if the Dev shows little interest after a while. The Devs that stay around usually have good coins.

Well its your own choice when you can take up the risk on investing either on ICO,Mining,Trading or any other ways on earning bitcoin or money.This is why we do find ways everyday on how to be profitable this is why we do decide to join up ICO as of todays date and continuing.Strategy on how to do it would really depend on ones self as long we do aware on the risk then it should be fine.

A good strategy is to invest to good ICOs, a good ICO has 1. Very well written whitepaper 2. Good Marketing Team 3. Good Communication 4. They give details how are going to do their project.
If you invest from the very beginning to an ICO with all these characteristics the chance is high to have good returns.

You itself explain the fear what trying mention here. ICO investment are risky to participate. If you are unable to get the value for the tokens we bought in the sale time or after some time. Then, our investment will be lead to failure right!
But trading and mining can be achievable by utilizing the price fluctuations timings.

there is a strategy, to invest 250$ in bitcoin/ethereum every month
in 10 months its 2500$ + the gain
in few years, its better then the programs in the bank :P

Six is a good number, and it forces you to make tough decisions about what coin really holds the most value.

My specific suggestions would be,

1) When you rebalance each month, don't make the mistake of selling your winners while holding onto (or adding to) your losers. Let the winners keep winning. It's OK to take profits here and there, but generally hold on to your strongest performers while not being afraid to book your losses by selling losers.

2) It can be worth it to hold onto small amounts of coins that you think have major upside potential but also major uncertainty. I made a lot that way by just holding a small amount of XRP when it was $0.006/each.

3) If you participate in any ICOs, be sure you know how long it will take before you can liquidate your investment.

trade it your money if you want get ROI more faster between mining and investing in ICO.
but now may altcoin get dump, and im still hold that altcoin because many hundred $ asset in that few altcoin

Yeah, i did just explain the common thing that do happen on this investment world.Everything has its own risk and would depend on a certain person if he would be able to embrace that risk and go on and potentially earn some money later on.It would depend on how we gonna handle it.Trading and mining would be also a good way too but still needs knowledge and experience to engage such thing.

First, find some good altcoins you trust in. This is the hardest part that comes with a lot of fundamental analysis. Once you have found some promising coins, split your investment beween these coins and invest $250 every month (your investment plan) in these coins. When they raise in price, you win and when they fall, you can buy at a cheaper price and wait for the next raise. But make sure to invest only in reliable coins with a good developer team, an active community, a product and a plan for the future.

strategy combined with investment, i see this as a good way of saving your money while you are also aiming to earn a lot in the long run, if we can continue doing this for sure it will bring a lots of gains for each and everyone, knowing to find good project and store it inside a wallet which can be secured by you then comeback after a while and see what's the result.