Bitcoin Forum

I see many members talk about the altcoin

I want to share my idea about the good strategy for buying altcoin

I think you must divide your supply into four groups based on the prices

1-Group one ( >100 $)

I think the best coin in this group is Ethereum

2-Group two (10< <100 $)

I believe in this group NEO and Litecoin has a good potential

3-Group three (1< <10 $)

I believe the Gamecredit, Komodo, Waves and OmiseGO coins

4-Group four ( <1$)

here I think DGB, XVG, SC and Burst are good choices

4-Group ...... (Just for fun :))

Reddcoin and Dogecoin

What's your idea my friends?

Dividing your portfolia and risks is great thing to do. But I wouldn't touch most of altcoins around. Your third and fourth leves are basically money sink holes. You can lose lot of money.

It is a good idea to divide some altcoin into a group. You can determine how an altcoin will move and how to prospect an altcoin in the future. My suggestion that the hardest thing is how to decide when to sell and buy altcoin because altcoin prices are greatly influenced by bitcoin price movements. Here's what to learn that one of them is constantly monitoring information about altcoin decisions we have on official websites and various digital currency forums. You should take some time to learn it because it will make your chances of getting a chance in trading altcoin.

dividing your groups by cost of coin makes no sense you should be doing it by market cap.

you can also invest in 50 top high level altcoins 100$ and hold 5 years.
The most important thing is to disconnect yourself from the market for 5 years!

Ok I changed it based on the market cap again what’s your idea about the coins and strategy?

1-Group one ( >10 billion)

Ethereum

2-Group two (1< <10 billion)

NEO and Litecoin

3-Group three (500< <999 million)

OmiseGO

4-Group four (100< <499 million)

Waves, Komodo, Siacoin, Dogecoin, Game Credit

5-Group five (10< <99 million)

DGB, Verge, Rise, Reddcoin, Burst

It's great to split up and diversify your portfolio but market cap isn't necessarily the way to do it. You need to simply find a way to judge which coins you think have the greatest potential to grow. For example, as much as ETH has the largest cap it still arguably has more potential than some of the other coins you have included for growth.

that's should how trading works mate, you don't need to place your entire investment in just one project just like what many other said don't lay your eggs i one basket but split it over from one project to another, i like what you did putting bigger stake with Eth as we knew that this coin have a big potentials after the fork was been finished.

This diversification based on marketcap looks cool but I would probably remove some coins in the list like Siacoin, reddcoin, Digibyte, burst. Instead of these try adding new promising coins like Kyber, chainlink etc These have more potentially than the above mentioned coins.

 :( Does price matter? You should divide them according to their market caps. It doesn't important though, what does it changes?

I will split investment into the following groups

Infrastructure (future market cap >10 billion)
Ethereum, EOS, NEO

Service (future market cap > 2 billion)
OMG, Steem, Chainlink

Application ( future market cap > 500million)
Bitquence

10% of historical high coins (what if they go back to 50% of ATH?)
NMR, Digibyte

Coins for fun
coins that you can buy a million
any airdrop coins if you have time
any coins that have cool names

The strategy is wrong, people divide their investments depending on the risk but using the price is a mistake, look at the market cap not the price, by using that you could create the next classification.

Group 1, more than 1 billion in market cap.
Group 2, less than 1 billion but more than 100 million.
Group 3, less than 100 million but more than 10 million.
Group 4, less than 10 million.

I correct it in the second post

great strategy you got there mate! But you also have to include major concerns like researching about the dev team themselves first before reading their project's whitepaper. Then eliminate from your list projects with dev teams having bad feedbacks or reputations. Then reading the whitepaper and sorting your list from greatest project to less great. Those are pretty importanf things to consider when buying altcoins.

In my opinion, grouping altcoins in this way is not helpful. Because you have categorized coins based on their price and the price of a single coin does not matter

This is good idea in trading, but in my opinion to many grouping of altcoin so will be confused, divide in to 3 group is better, because we can not handle it if we buy many altcoin in the same time. By grouping to 3 altcoin we can more focus in trading.

I think you must buy altcoin low cap with great future so you can get more profit and low risk because low invest.

Yes, your portfolio looks pretty good. BTW: If you would have baught your fun coins RDD and doge at beginning of this year, you would have multiplied your funds. Also Ethereum and Litecoin. So hold your portfolio on longterm.

Grouping them price wise may lead you into trouble. You could have grouped them by potential wise. For example

Grp I - BTC
Grp II- ETH, NEO
Grp III- OMG, LTC, Waves
Grp IV- BAT, ARK, ANT,DGB

It's just an example and is in no way relevant to any order of potential.

Best strategy is always to buy when nobody wants to buy. This is where we are right now imho.

Then sell the euphoria, when everybody is calling the flippening or other crazy targets.

I think you can buy some new coins which finished its ICO recently because the price is below the ICO price and it will recover soon since the bitcoin pumps a lot and the market will get warmer.

Dividing the portfolio out so is very risky because only based on its price that the investment decision is not sufficient basis. Remember that we invest with knowledge and money, not with ambiguous hope

My strategy for buying altcoin is base on its potential in the future and the previous price history as well. I am not really a long time holder when it comes to altcoin but I base my decision on its current price compared to its price history. If it is on its support then I will buy that coin given that it has an incoming update and its developers are active. I am just buying 2-3 alts because it is easier to monitor the prices this way and make necessary adjustments if there is a significant move of the prices in those alts or in bitcoin since bitcoin has a big influence on the alts prices.

There are many Strategy for Buying Altcoin.Many people buy new tokens from the ICO.Buying tokens from the ICO can be very beneficial.There's a way Strategy for Buying Alt coin.many exchanger site have to buy altcoin.Like Bittrex, Coinexchange, Etherdelta, Coinmarketcap Etc.

strategy....sell at the peak and rebuy in at the drop.

1-Group one ( >100 $)

Definelity Bitcoin

2-Group two (10< <100 $)

GAS and Litecoin

3-Group three (1< <10 $)

Shift, zencash , Waves

4-Group four ( <1 $ ) 

einstenium,unify

Strategy for buying Alt Coins is simple buy when the price is lower mostly all the Alt Coins in starting have low price then keep it in cold storage for a long period when the price goes up then sell all of your Alt Coins, isn't that a best and easy strategy ?

This strategy is very good but I think it would be better if altcoin to be bought based and grouped by volume and marketcap and based on its fundamentals. Because that will cause the price to rise is a strong fundamentals that ultimately increase demand.

Good point about market capitalization rather than the price, for it's obviously more important. For example, melon is worth $70 but nobody cares, because it's marketcap is just some 49 million dollars and trading volume (another factor to consider before buying an altcoin) is around $220k.
The problem is that some coins drop and don't even recover from the drop and this makes one still lose a lot of money. A good example is dogecoin which is not that bad but is dropping in price with time even more.

I love the way you presented it.Actually I have the same opinion as you.I have trust in komodo, waves , XVG and OmiseGo.They will do great in the future.So I support every one to start buying these coins.

Good analysis from you. But this not completely correct as you should take marketcap into consideration. But I appreciate your efforts putting in this to make this analysis.

Yeah that's good split you have done. I have also followed one guy who divided the coins first into different groups according to their market cap and future development and then set up the amount which they should invest into them.

Your strategy is also good one where you are doing it in same way just that it's other way round. I think NEO should be in the first group because the rates are pretty down and the coin has got real potential to catch up the ethereum too. You will get more coins as compared to ether and that will increase your odds of earning profits too.

I believe there is no need of going further than group three which is all waste and hopeless to invest. With dollar of investment also they are nothing but dust. Better increase stakes on the initial coins and try for big rewards.

thank you for your good information But if we think about  > $ 100, bitcoin will be a more sensible choice.
ethereum is still behind bitcoin

My strategy is very simple that when ever their is price down in good altcoin i just go for buying it and as soon as they start to pump the price i start to sell them, i dont hold for long time i just take profit as soon as i get 10% above i start selling it because i know that it will come down sure.

How about checking out potentiam.io its on here to the ANN whitepaper is also available. Mention me and il get bonus too.
Thank you xo

 'Modern portfolio theory'. invest in a basket of large cap cryptos and high quality ICO. Adjust each crypto holding weight according to volatility and expected return.

Yes there are some altcoins that do have a very good level of popularity. they (Altcoin) usually have a good level of management and they are serious about arranging that altcoin can be widely used. besides that altcoin usually also has a vision and mission to be achieved. for example etherum, etherum is the best altcoin available today. at the beginning of etherum has a very good project level so that etherum currently get a good value in the market share of digital currency in the world. this is clear evidence when something is very well taken care of then the result will be very good. and this has convinced many people that altcoin deserves great interest so that the value of altcoin prices will increase.

Good information for refernsi / strategy when alticoin falls. Prices of nine out of ten digital currencies or cryptocurrencies have fallen between three percent to 12 percent. But whether grouping is required at this time ???

Thank you for sharing your strategy. I think it is good for some lazy investors, But I recommand it is better to do more research by yourself and show your opinion.

Marketcaps on coins are really out of proportion compared to the price of a single coin. I would just calculate the price of the coin by what a single coin is worth.

Diversification is good, just don't buy and sell purely based on its current price. Look into each project and support whatever coin you want - the categorization of coins you're using at the moment doesn't really help or mean anything at all. It should be low to high risk, rather than based on price. Of which, Ethereum is low risk, high would be Komodo, Doge...

You could skip that list and just go all in on Ethereum then you could make money without that much trading. Also, trading fees are really expensive.

Why not finding the perfect coin with perfect vision and investing in that from your heart for long term?

Yeah, you can do short term tradings - and for short term tradings, I don't think we need to go too deep.

This strategy is suited for veterans in traders of altcoin, having lot of groups manage at once requires time to monitor and also requires high knowledge on the cryptocurrency movement. But this a good strategy, knowing how to level the coins to divide your supply can make your monitoring process much easier.

Look into masternode coins..  Sorely underrepresented here in these lists..  Why don't people like getting a return for holding onto their coins?  I don't know..   ??? ???

Good distribution scheme but you always need to invest the amount you won't miss and which won't affect your daily life. Research is key when it comes to ICOs.

The rule for alts is buy really low. I would not buy an alt if it isn't down 30% or more than that.
If you buy high and the price significantly drops, it's a very bad position. It's not like Bitcoin that you now there is a high chance that will recover at some point in the future.

so i really dont know whether it make any sense to classify like this without thinking of the token amount, we all know dogecoin have a really low price, but if you consider that it has 100 billion amount, then you will know the market cap is much high which means it has little potential im my opinion

The strategies I know in buying Altcoins you prefer is when the price of altcoin drops. Then hold your preferable altcoin until its price rise up. When the price increased this is the right time to sell your altcoin.

If you are a holder not a trader, you should stick to a plan for greater profit in the future. Buy the cheaper tokens that offer great potential in the coming years like XRP, NEM, ADA and even STR. Buying thousands of these tokens will get you more profit upon holding them for years. This is a better strategy upon diversifying your portfolio.

I want to share about buying Alt coin it is my personal strategy. I'm watch in online marketplace and this is a best website for Market analyze that is coin market cap . I'm just check then buy alt coin it is my best perform for trading. Other system is when bitcoin price is low we buy altcoin on that time.  

Diversity is a key! Dividing your portfolio and risks is a great idea. But instead of your third and fourth groups, I would look to some upcoming ICOs

Split into 2 coins and make the rest money as backup maybe better because too many coins means too many risk that we will face, and if we back up we can buy in lower price and then don't need to wait the price back to first price we buy

I like the way you divide your Portfolio.
I'll just add PAY in the groupe 3 and BAT / CVC in the groupe 4 ;)

Thanks for sharing your ideas for dividing into different groups. But I don't quite understand how this could guide our trading strategy. They are not only in different groups, but also in different stages. Some are in late stages and already pretty high priced, so it's harder to invest and get good profit, while others are in pretty early stage that we don't know which group it will develop into.

I just pick about 5 altcoins that I think have real potential, and are being actively developed by a respected and transparent team and divide my investments between them.

Well if I give my opinion, then better it would be if we do as you said. There must be division of investments and then there are some specific coins for which you have much confidence. Dive in the market with these coins and use your strategies and plans, make something good out of it. This is better choice for everyone, don’t get into complications.

This portfolio is a bit ok just that some good coins were left out. My portfolio is like this: hold 40% bitcoin, 10% ethereum, 10% wave and neo, 10% stratis and lisk 10% litecoin and 20% ico projects investment. I do make most of my trading income from ico and most times I am tempted to put in more than 20% of my risk capital. 40% of my risk capital is being hold in bitcoin for security reasons and I do believe that bitcoin is more reliable more than others coins. Many coins are out there that are very good but I do put most of my investment  into the one that I have read the white papers and know that the developers are following the road map of the projects.

1-Group one ( >100 $) Ethereum and bitcoin

2-Group two (10< <100 $) Ltc, Etc

3-Group three (1< <10 $) waves,ubiq,radium

4-Group four ( <1$)unify,emc2

4-Group ...... (Just for fun Smiley) Faircoin

It is true that almost all altcoins have significant price reductions, and I think now is the right time to buy altcoin for short-term investments, and of course before making a coin purchase it is worth researching the coins to buy because the coin will not increase.

Nice idea, diversifying your investment is good but it is just a normal trader does always. Do you have any other ideas to trade more accurately in altcoins? I am planning to become a trader too

Pick few of em altc that have a real potential (in my opinion) next step is to cut my investments for each.

i do soe research before i buy alts..follow them in social media and then wait for the big news ::)

so you categorize the coin according to the price. this is good idea.
for me its doesn't matter how much the price of that coin.
the real matter is you don't know strategy and risk management for buying it.
the win solution is buy a coin whom you already learn about all of the component of that coin.
like the market chart, volume, update to date news from that coin.
if you already dominate all of the point. you already have a strong strategy and make a great chance for take a profit.  ;)

There are many strategies to use in buying altcoins and if I were to criticize your strategy, I will say that it is a great to use. Dividing your supply into four groups based on price is a good way to diversify your investment. My strategy for buying altcoin is by dividing them on 2 groups according to potential. The first group will be consist of coins that existed long enough in the market and is just stable on a certain price with lots of potentials. Coins with lots of potential in this group is waves and omisego. The second group is consist of coins that are relatively new in the market and have a tremendous potential to go to the moon.