Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: defined on August 29, 2017, 06:35:03 PM



Title: From windfall to altcoin: Help me pick one altcoin each week
Post by: defined on August 29, 2017, 06:35:03 PM
Yesterday I received a small windfall ($155). This continues weekly for the foreseeable future. I want to use twenty percent of my bitcoin to start an altcoin portfolio.

Every week I want to buy a new altcoin. Help me choose an altcoin, where to buy it, and how to store it.

I am going to use dollar cost averaging (https://en.wikipedia.org/wiki/Dollar_cost_averaging), I buy the altcoins in 2 to 6 parts. If an altcoin reaches x2 I sell 10%, x5 I sell 15%, x10 I sell 20%.

My portfolio:
Bitcoin 0.036


I created this topic after reading this post:
I'm a Bitcoin believer. But something that I've learned is to have some alts saved for the long run, but I know enough of Bitcoin's potential to have more than eighty percent of my portfolio on it.

Local rule: do not 'recommend' the altcoin you advertise in your signature.


Title: Re: From windfall to altcoin: Help me pick one altcoin each week
Post by: defined on August 31, 2017, 06:07:42 PM
I am in doubt between Litecoin, WAVES and Doge. Two of the classic old altcoins, or a new platform.
Help me choose an altcoin and invest $31 this week.
Follow my investments with weekly updates here.


Title: Re: From windfall to altcoin: Help me pick one altcoin each week
Post by: 3DBrushes on August 31, 2017, 06:31:23 PM
Do your own research on these coins before investing.

I would suggest you to check out UBIQ which is an advanced version of Ethereum. It's at a Good price today.
Aragon: This coin is good for long term.
If you give me choice among waves, litecoin and doge then I would pick Waves at first and litecoin next.


Title: Re: From windfall to altcoin: Help me pick one altcoin each week
Post by: defined on August 31, 2017, 06:57:13 PM
Do your own research on these coins before investing.
I want to test community ideas for my play money, and this limits my research to just a few.

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I would suggest you to check out UBIQ which is an advanced version of Ethereum. It's at a Good price today.
Ubiq is up 100x this year already. I think it is risky to jump the train now.

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Aragon: This coin is good for long term.
Aragon has a nice price development without sharp jumps up.

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If you give me choice among waves, litecoin and doge then I would pick Waves at first and litecoin next.
Waves and Litecoin are both going up now. I can get one this week and the other one next week.


Title: Re: From windfall to altcoin: Help me pick one altcoin each week
Post by: tehMoonwalker on August 31, 2017, 07:09:11 PM
$WINGS $WAVES $DMD $NEO $STRAT $EQT


Title: Re: From windfall to altcoin: Help me pick one altcoin each week
Post by: Nathan047 on September 02, 2017, 04:16:07 PM
The first thing I’d recommend is to not rely only on random people from the internet when it comes to making investments. Otherwise I’d recommend starting out with some “safe” investments like: LTC, ETH, DASH, XMR, or ETC.

Once you’ve diversified then with a few “safer” investments then I’d recommend:
CLOAK (due for a pump)
PosW (risky, but will probably either go very low or hit a big pump soon)
Golem & Waves (both seem to have a good looking future, but no guarantees)
PeerCoin (seems stable)


But remember, do your own research. Good Luck.