Bitcoin Forum

Hello everyone!

New member here. I have been following crypto-currencies for years now (not super close, but aware of them). I had the opportunity to buy BTC at $100-400 and passed it up. I am not going to let them happen again! I have about $1k to invest in crypto. I want to diversify to an extent. I don't want 8+ currencies because it will be impossible to keep track of all the wallets and keys. I have done a little research and have come up with the following portfolio:
ETH 25%
XVG 25%
WAVES 25%
XLM 25%

I am open to changes and modifying the percentages. I currently own .5 ETH and 1.4 LTC that I will use to buy some of the other cryptos. Does that portfolio look pretty strong to you guys? Feel free to tear it apart! I would appreciate any input.

Thanks!

You didn't state how long you are willing to hold the coins you just listed above.

I'm not too sure about Verge and Lumens but I like your Ethereum and Waves choice. You should hold them for at least 2-3 years to make great money.

with just $1k to invest, It will be more wise to invest in undervalued (especially coins under $1 since your investment capital is very small) and more promising coins. In my opinion;

Cardano (ADA) 40%
Substratum (SUB) 20%
Verge 20%
SiaCoin 20%


Hold these coins for at least 6 months, you will thank me later.  ;)

Personally I think that Eth and XML are good shouts but not so sure about XVG and Waves, XVG has been doing well recently if I am correct but, from my experience, Waves doesn't really offer much more than a platform to release tokens, something which Eth does. I could be wrong but thats my opinion.

I am willing to hold for 2+ years if I see it gaining at least a little bit. I have a few thousand dollars in a mutual fund and I own a stock so as long as it, overall, is gaining a little, I am fine. I realize that sometimes it will go down ;)

ETH, yes, hold a larger portion though, also, why no bitcoin? XVG has pumped hard lately and has great potential but unless you're thinking long term (1+ years) I would give it a miss. Waves is nice. Lumens I would try and look for something else but that's just my preference. Main point is don't split it 25/25/25/25. Go 50 in ETH or there or thereabouts.

I don't know much about XLM or XVG. But I would increase my exposition to Waves compared to Ethereum for the following reasons.

Ethereum is already quite large and will require much more volume to multiply its value than Waves in comparison.

Waves with the LPoS system has a great way to participate in the revenue of its own decentralized exchange, which is expected to grow a lot once ERC20 trading goes live next year.

Waves is, since today (activation of NG), the fastest blockchain in the world with a capacity of up to around 1000 transactions per second. For reference, the crypto-kitties game that brought Ethereum to its knees only added around 7~8 transactions per second to Ethereum's blockchain.

Waves is about to implement smart contracts in Q1 of 2018 and will at that point by the best platform for token creation (and thus ICOs) as well as decentralized apps (due to the high potential throughput). The smart contracts will not be prone to security errors like those that led to the Parity failure that resulted in a loss of $300m worth of ERC20 tokens and Ethereum.

The decentralized exchange for Waves will be a major component once regulators start trying to crack down on crypto, as they won't have any means to regulate decentralized exchanges. The volume of such is thus expected to grow massively in the coming years.

Furthermore, Waves is still very tiny compared to Ethereum at only around $13. Once the smart contracts come out there is nothing to stop Waves from growing to $100 ~ $400 like Ethereum did when it made its big jump earlier this summer. Indeed, there's nothing stopping Waves from overtaking Ethereum entirely based on fundamentals. Technical trading bots may or may not delay this, but if Ethereum doesn't improve massively it might very well be overtaken by Waves in 2018~2019.

In either case, Waves can easily go up at least tenfold next year, which is something that Ethereum will have a much harder time of accomplishing (if at all).

I can't afford a lot of Bitcoin (about .03). I head the fees are really pricey too. I  prefer whole coins or halves.

that is a good list and good percentages for each coin. I think that portfolio looks pretty strong and you can buy xvg, waves, and xlm but I think you need to wait for a while and check the price and the trends before you buy. for that four coin plus litecoin, you have a good portfolio and you can wait every coin increase in the short term.

You mean until the correction settles? I was hoping to do so, but, at the same time, I don't want to miss the low prices (assuming they come).

It might very well be over already, so it's best to start easing in already and to average your buys/sales out. If you don't buy now and prices go back up you'll kick yourself, meanwhile if you start buying (spread out over time) and prices go down you'll still catch most of the discounts.

you should consider allocated 50% btc of your portfolio for your own security and 30% long term alts,then 20% for your daily trading.

Yes, I also bought these coins due to the decline in the market as a whole. Especially Waves from this list. This is my favorite.

Try to find some space for IOTA/AION, they both will give nice profit in long-term. Anyway you portfolio looks strong.

Rather than waves and it may better for you to move a half of the waves portfolio to the ripple or iota which gained a lot of attention from the investors especially for ripple and you can see the south Korean market reaction about the ripple. Waves is not strong as you said. It never the same as ripple and ripple has a better potential.

If I were you I would substitute XLM for XRP,  And add ITNS Intensecoin http://intensecoin.com (http://intensecoin.com)  

Unless you have some moral anarchistic objection you realize XRP already has first mover advantage so much they can own the public coin space. And Intensecoin is a young project with tremendous potential: A secure p2p VPN on the blockchain that is also a CryptoNote based privacy coin. It is going for a penny right now. But when it hits major exchanges it is going to fly high.
  

A good coin selection but is a small amount for investing, but in your situation it is one of the best options.

How come you didn't invest more of your money into Ethereum? The price looks like it's going to increase soon.

Well, I placed my initial order for $1k worth of ETH today. I will use it as a springboard to buy other tokens. I would like to keep 1 ETH pocketed because I think ETH is going sky high soon. I may go over my investment by a few hundred by doing so, but I think it will pay off.

Try website http://www.coinparator.com/ to manage your portfolio. Like watching current rates, value, charts etc. etc. etc.  :)

Lucky you, ETH is at a good buying place right now. Nice portfolio picks already but if you are worried about diversifying because of the wallet management problem then you could be better off (and safer) using a hardware wallet like Trezor or Ledger Nano. Having nice altcoins can really boost your BTC holdings. That being said, i would not bet everything on altcoins. I would bet some on bitcoin as well because I highly believe that altcoins would only achieve more success if bitcoin becomes more successful (mass adoption).

You have picked them nicely to make your portfolio strong but a little modification to your portfolio will make it stronger and probably more profitable.
BCH 15%
ETH 10%
ADA 20%
XVG 15%
Waves 15%
XLM 15%
OX 7%
The remaining 3% invest in any potential ICO. Before choosing any ICO look at the theme and team of it, it will help you choose the best.

nice tip. going to have to check into that.

Thanks! I will definitely look into that!

your choice of coins is good. i would prefer fundamental analysis too rather than pump and dumps.

Your portfolio is ok but i recommend to add ltc, dash and zec to make your portfolio more balanced and profitable.

Thank you everyone for your input so far! I read something about XVG only having 1 developer (as everyone else left). Is this true? If so, yikes! What are your opinions on Spectrecoin and/or Deeponion as opposed to XVG ? Also, what are your thoughts on STRAT vs WAVES?

I don't really know about Stratis, but Waves could/should grow quite a bit this year. They are putting out their smart contracts soon and their blockchain is about 100 times faster than Ethereum. As a result, prices of a few hundred USD could be reached reasonably.