Bitcoin Forum

I need some investment advice from the veterans here if possible.

Earlier this year I executed my plan and took the plunge by investing in 10 altcoins each with an equal amount of dollars, with some bitcoin left over. As this was my first time I made some mistakes in investing at the wrong time, other coins I did OK. I'm currently a little above what I originally invested in and feel quite comfortable for the time being.

Now that some months have past I feel that I would like to increase my position in all the coins I previously invested in which I believe are for the good long term.

However in the past months I have seen some ICO's with good potential and would of liked to have invested in them but couldn't because I wouldn't be sticking to my original plan with the coins I already invested in, and sure enough recently they had increased a lot in value and I could of made a good return. So my instincts were correct and I should of invested in some additional coins. I know it is said the FOMO is a strong feeling but what happens when it is right??

Are 10 alt coins enough to be investing in?

If I spot a good investment opportunity should I invest in more alts eg. from my original 10 up to 15, my worry is when does it end as the hype never ends.

All the coins I have currently invested in are good solid coins with a good long term future but may have already past their strongest growth phase. If I have a good feeling about an ICO which has good upside potential should I dump one from my current portfolio in favour of a newer coin which could explode?

Hard decisions....

It is all up to you,be careful with ico,sec will come with his legisation.You almost all icos are traded
below his ico price.You already saw whan btc is rising alts are going down.I will have problem to find ten alts worth to invest,.You can find good alt,ico before major release,than buy and sell before release
Currently i know only two new ico's worth attention,but i am not checking all of them
Good that you are in profit at begining of your journey,dont be to much,sell if you feel to sell buy back whan you fill to buy back

You are the only one who can decide in where to invest or not, if you are stuck with that investment for more than a few months and you did not get any return, then why are you still holding those altcoins? sell them right away, and buy bitcoin or just invest in that ico that you want, it is your money, you are the only one who can decide in where to put those bucks.
But i would not invest in ico's, i dont know, they are profitable as fuck, but i dont like them.

In the short term, there are very few projects that will make a profit.
This must be taken into account.

Invest in Ripple and hold ?  Anyone agrees   8)

Ripple is centralized..

The best investment advice is to not take investment advice from anyone without a detailed knowledge of their past performance and you know the personally.  I think you had the right instincts in the coins you wanted to invest in and made a good decision by not investing any more than you could afford to lose.  I would think adding additional coins to your portfolio is a good idea as long as you are not sacrificing gains you could make with your current holdings.  As long as you are doing your own research and feel good about the ICOs that you want to invest in then I say pull the trigger as long as you are comfortable losing the money. 

Thanks, I made a mistake the additional coins I am interested in are not ICO's they are already operating for at least a few months, some even years. After researching I see the possibility that some have yet to reach their full potential.

However I am concerned about taking on more coins when some say alt coins are in a bubble. And just wanted to know if investors have portfolios of many coins or do you prefer to invest more money in just a few or only bitcoin?

Well if you really want to succeed on your investment make your plan well and then execute it, people here will tell you where to invest but you still have to analyze it, so i think if you see those coins that you are holding are in good condition then let it be since your goal if for long term you will surely make good money on that.

There are legitimate ICOs with good potential.

But there are also a lot of scams and crap ICOs.

Read:

3 kinds of ICOs - Protect Yourself
https://bitcointalk.org/index.php?topic=2243157

Like everyone said best investment advice is to do what you think is right. Nobody here can predict the future, we can only do what we think is right. You already made it this far and doing good, you don't need someone else to tell you what to do.
But here is my advice, don't waste your time diversifying or investing ICOs unless you spend a week researching and contacting the devs. It's easier to get burn by ICO than holding something like bitcoin that already proven itself to work and gaining value than buying ICOs. Most of the ICOs are scams right now by people that only got an idea and want to cash in the crypto hype with no technical skills to pull it off. Honestly I think it's a waste time unless you are planning to go short term pump and dump the ICOs, long term most ICO doesn't work because FOMO hype goes away and people move to new ICOs.

There are good ICO's.

An easy way to eliminate most of the potential scams is to look at only the ICO's that have software that you can use.

I think the real important issue is not about how to invest, it is about the investment portfolio. Do you have some stable coins like bitcoin? If you do not have it, then it is better to start accumulating more of it. Bitcoin is to make sure your portfolio tanks whenever there is a shift of demand.

If you decide to invest your money in ICO, be careful. ICO is like a double-edged sword. It can give a lot of money to people who buy you ico before they go to the trading floor and when it goes to the floor it's worth it many times before going to the floor. You can disappear if the ICO does not follow its desired route and fail but hugging altcoin or bitcon is different. This market is very easy to recover and it is easy for newbies they can fail but lose. The capital is quite unlike the ICO

Only you can decide if you want to invest in more altcoins.  As a general rule, don't chase profits.  You should invest in an ICO if it's something you are truly interested in.  Don't throw money around in crypto without doing research.  You will stand a better chance at earning more profit if you stick to your plan, whatever that is.  It's okay to change your plan, but do it because you have the money to invest and have a good understanding of the ICO you want to invest in. 

I'm still not 100% sure of the success of altcoins in the future. despite the current emergence of new ico, which I see only as a mere speculation to take your money in their gambling on dev.
so I am of the opinion that you are still investing on the 10 altcoins you have just gone through, and keep abreast of the news

Another point i would like to highlight is that, there is no need to have so many coins/tokens. Many popular youtubers already have advised that it is really ok that you were just holding on to about 5-8 different coins. You are still able to follow closely to these coins and is able to make better decision to buy or let go of them when the market or the dev team changes.

I am looking to create an ICO announcement thread here on bitcointalk. Looking for any one who provide that service I will appreciate it. Or I can get your junior member thread. Please contact me at @BoonTech (telegram handle)

If you are a newbie, start first by trading using BTC and USDT only. Learn how their price pattern work. Next add ETH in the list if you are already making profits. Learn how to play with the 3 crypto. This is the basic.  

If I'm suggest to investment that is not for appropriate advice because you should check out I'm just give you some advice if you want to make money online you should learn about coin market and analyse whice coin is a better for investment and those coin you must buy and sometimes latter you sell those coin.

First, Before investing make alot of reading/make a reading practice. if you have enough money to invest with you should know the risk of it and price of it.
It is hard to Invest in ICO as there are alot of ICO in the market right now which hard to determine which one is worth-it. read their white paper and check the developer.

second, remember this it is the basic of all investment "Invest only what you can afford to lose"

Why 10? Not 12 or 8. When you choose 10 coin there are good coins left behind for sure. More coin is not less profit. All market grows together.

As a kinda expirienced investor i can you you the best advice. Dont put all your money into 1-3 coins, spread it into 20-30, and put them inside 10-20 wallets. This way you can save your deposits more succesfully. And i would say also, dont put the money only into cryptocurrency. ::)

Investing in 10 coins is already impressive IMO. If you already have a plan then you should stick to it. Deviating from it by adding new altcoins is not so bad. It is only limited by your funds. If you have to dump an altcoin to get another then that is your limit. Don't give in to FOMO. What you might have predicted correct before may not be correct tomorrow. Research and patience is key. You're in it for the long haul so take it slow and steady.

I see you are getting support by many great sports athletes... Will the SportyFi platform be available for all sports or just some more popular sports  (football, basketball, etc..) ?
Ty
 

Spread your money in more than 10 coins that look promising. You have to do your own digging in to that. Than of course if money is not the limit invest in BTC for me it is still the most promising coin for few years.

learn it ,,, the best teacher is our own experience ,, all the decisions are in your hands ,, use your feelings ,,,

Wish I read this earlier  ;-)

I myself now pick the main ones like BTC and ETH and invest small amounts in altcoins. Daytrading on exchanges can also payoff however is risky if BTC has anothed bump through the roof

O and forget USD if you start trading at exchanges. Only look at the Altcoin - BTC/ETH ratios

From what you have said so far in your writing, it seem to me that that you are still trying to figure the whole crypto currency out. What is scary though is that you ara doing the testing with real cash. I will advice you should sell your holding and put money you can lose to trade and invest. With time you figure out what works for you in the end.

It is all up to you and how confident you feel in investing. If you see the opportunity to invest in an ICO that looks promising and will give you a good return on investment then I would say make a conscious investment. If you are looking for an upcoming ICO to invest in I would recommend looking into Propthereum.io. They are looking at great coin appreciation and you are looking at a great investment!   

Check out energitoken.com and have a look at their whitepaper. 

Although im not a veteran here in bitcoin I still give you a piece of advise. If you are going to invest please make sure that you do a research about the coin, project, and ICO that you are going to invest. Now a day there many scam, in this industry so you better to be careful. In addition to that it is better if you invest in a trusted coin, those coin who have been prove it self to the market.

Thats good Investment for a newbie, all work must be done first at the basic program and always keep it in mind that all the job done will be in basic no matter how hard it is, just remember basic and you will never be in a wrong way.
Investment Is all about basic move that you can learn a lot unlike jumping directly, you can't learn a lot of tricks that would help you in the upper rank.just be patient and take it step by step don't be agrressive so that you will be able to catch up all the lessons to be learn.

Ethereum, Basic Attention Token, Zencash you can invest in this altcoins. You can hold a year or two

One of your first biggest mistakes is investing your money into simultaneous coins without even knowing it, you should just invested 90% of that money in some crypto or altcoin that you think will be long term and the rest of the 10% of your money is try to learn trading how it works and how it flows from the volume of it's trade and news about that altcoin/crypto currency as far as i know altcoin is only good for short term and none of it last even a year so its better to invest your money in a long term digital currency and the of your remaing money is to make altcoin as quick money income.

I think that 10 altcoins its pretty much to invest because you need to research all of them and to keep in touck with the news regarding thme. That will take a pretty big amount of time. I personally invest only in 3-4 altcoins.

Can I give an example?

One of my coins is QTUM, It's gotten good reviews from the popular youtubers and holds it's price pretty well during the dips and has stayed in the top 20 on coinmarket cap for months, overall it seems like a good project, maybe one holding out for long term. However one poster in this thread pointed out that they don't have a working app yet as per this thread https://bitcointalk.org/index.php?topic=2243157 this begins to put their capacity to deliver into doubt.

Now, I've seen one coin called Neblio and have been watching it since it was below $1 and again they don't have a working product but like QTUM have a good team, they are new and are apparently are delivering ahead of schedule. In a short space of time it has gone to $5, those are excellent gains and so my question is should I of dumped QTUM for Neblio? Or should I have increased my portfolio (if I could just about afford to lose) and bought Neblio and still kept QTUM?

I see these scenarios all the time and wonder what is the best strategy and in the above example I missed out on a lot of money because I stuck to the plan and was too cautious.

If you do not want to get into trouble with losses choose one of the best ways to save or sell it
Why would you have a coin and save a coin if it can not be invested properly.

And if focused on ico you have to be really careful, lots of modes to reap money from ico for personal gain (scam)

Investment is you own matter. Because every business has  risk and you always remember that your money so all risk is yours. I think bitcoin has no risk because it is one of the trust businesses . If you invest here, after 1 year you will get a good profit.

we need to invest in ICO of good projects and it brings us good profit
My next project to invest in - Confideal, take a look

Experienced team and reliable service. Smart Contracts without coding skills.
This ico's truly perspective.

Don't invest in ICO on pre-sale or ICO start. Best way for newbie it's trade on most stability pair BTC,LTC,ETH. Next way try to study completly ico products with real potential.

Yes, but it is just my opinion. Please read this article to know more about confi - https://medium.com/@confideal/why-will-confideal-ico-be-successful-ad293f09d7e1 (https://medium.com/@confideal/why-will-confideal-ico-be-successful-ad293f09d7e1)

The software alone is not enough to go on since there's a bunch of projects here that didn't strive through their launch. It's all about the dev.

I agree with you. ICO too dangerous now, many scam project these day.

Yes its up to the person on how she or he take care in investing. So it is better to check the investment site if it is not a scam. Then you can now invest after that.

the dangerous of the ico is because the dev and the team is only chasing for the investor money and if they are really serious wih their project then they will not disappointed their investor. i realize that it will difficult to find the good ico that will bring a profit to us especially we don't know anything about them. maybe to prevent the bad ico is by reading their whitepaper, knowing the dev and the team, having conversations with them and else. if they have passion to make their project is success, then they will do anyting they can to make sure that their project will work on the right track.

Start with trading BTC just to get a hang of how the trading system works, the pumps and dumps, you don't need to invest too much and end up losing too much also.
Once you do some research into Altcoins also, you can start using ETH which is less volatile than the rest coins. Look into upcoming ICO's also, some of them seem promising but beware of scams.

Here you are going toward the better way of investment Because I know that you are doing the good work really Because you are making investment not in the single but many coins , so here it is more better for you to have more and more coins investment .
But here in my old time experience here I can suggest you a better thing that , to make investment in those coins which have price in the range of the 100-200 Satoshi ( like reddcoin , Digibyte coin , putin , trump , blry , Pak ,pxi , tam  etc ) such types of coins are numot much famouse but if you will see toward the progess in 10-20% flcutuations in week then you will realise easily that how you can make profit easily ( but make investment in very small small amounts , not more than 0.01 btc ) .
Beside of the investment investment in the cous here I would like to suggest you to make investment  in the ICOs project , but only in those projects which are have better team and devlopment experience and also better economical support , otherwise daily new new ICOs are coming and  going .

Nice advice... Went on a similar path :) for sure you have to read the news everyday to be ready too. There are some really good ICOs worth investing in. Might be a lot of profit on long term  8)

You can't focus on 10 coins correctly, even beeing a full time trader. You'll miss calls or information, or conferences/roadmaps.
You should take 2 or 3 altcoins that you believe in and stay focus on them.

I don't believe 10 altcoins will be huge in the future. In the traditionnal world, there are many business that have been started out there and there are less than 10 that have really worked well and continue to work well for years (google amazon apple... etc).
And don't think among the current one, 10 of them will be running again in some years...

Focus on the volumes of those coins because you should remain updated with your current investments before you decide to get more coins.
If you can, please share the list of the coins you have invested in, and we all would help you to decide if your coins are good enough or you need to add something to your portfolio. Still, it's better to wait some long because altcoin market is under slack atm and will rise once Bitcoin gets balanced.

Agree with you.. there are some compynies with great potential... myself personally will invest in ICO SportyFi.. check it out... Great preparation, greatly written whitepaper etc..

hello. The best investment advice I can give you is "diversification". Basically: take decide first how much money you are willing to lose, that will be the money you will be investing in the crypto space. Once you have determined the amount, let's say 100$, divide that amount by ten. So 100/10 you'll have 10$. Now that you have ten times ten dollars, invest each of these ten dollars in a different coin, it can be anything you want but I recommend to invest in ICO's which have the highest potential for a descent return. By diversifying you reduce your chances of loosing everything in case something happens to one of the coins, so you're more likely to survive in the long-term.

Its totally depend on you, You have to research which coins are best for investing,
And u have to investigate who advice here.
I think you can understand after research. :) I think if u want to success you have to buy some good coins that give you profit.

There is no magic number for coins. If you’re investing, as opposed to trading, you can buy many. You don’t have to follow them as closely. Or you can do like me: have some long term coins that I don’t look at very often and some coins I invest in. Split is probably 70-30 of investing vs trading. I also habe bitcoin, which should be at least a proportion of your portfolio.