I’m going to be accumulating the majority of the coins below over the course of 2018 Q1—I’m a big believer in a diversified portfolio.
Especially in crypto.
I split coins into 3 tiers. Coins in tiers 1 & 2 I will be continuously adding to my holdings throughout Q1.
I based these tiers on my investment strategy, I highly suggest creating a strategy before investing in anything.
You need to have a goal that you’re working towards, and a framework for how you want to reach that goal.
My goal is to increase my holdings of Tier 1 & 2 coins, by trading coins from tier 3 on a short-medium time frame (2–6 months).
I also margin trade Tier 1 & 2 coins and use profits to increase my overall $BTC position.
Don’t margin trade.
It’s bad.
Not margin trading is rule #8 in my “10 Crypto Commandments”.
Some of these coins I don’t believe in as long term investments.
Most of the time, the criteria I use to pick coins starts fundamentally with the team, roadmap, and community.
Once I’ve deemed a coin as “Fundamentally Strong”, I then go into the charts and apply Technical Analysis to determine if I can get a solid entry point.
Sometimes, I’ll see a coin I don’t think will last in the long run, but the chart is just too pretty to say no. I will denote these coins with an [X] by their name.
Cliche Disclaimer: none of this is financial advice, don’t even listen to me, I’m a random person on the internet — I could be full of sh*t and you wouldn’t know it.
Do your own research and only ever invest what you can afford to lose.
Tier 1
Bitcoin ($BTC)
I always hold at least a little BTC. Bitcoin is the market leader, and until that changes, I will always hedge against my Altcoin investments with Bitcoin. I typically have any where from 10–30% of my portfolio in Bitcoin depending on Bitcoin dominance at that time.
Bitcoin dominance refers to the percentage of the total cryptocurrency market share which is held by Bitcoin. You can check the live stat here.
The link also shows the market dominance of the other major coins on the market- spend some time getting to know the chart and notice how coins market caps correlate negatively or positively with each other.
Understanding the market cycles of crypto is pivotal to successful investing.
Tier 2
Neo ($NEO) & Ethereum ($ETH)
Image courtesy of CoinSutra
ETH and NEO are competitors. They solve the same problems, are both serious coins with large market caps, and I hold both as long term investments.
I’m not hedging against my bets by investing in competitors. It’s feasible to me that these two entities could co-exist in the future in a fashion similar to how Apple and Samsung coexist.
You have a nice strategy there. Of course I do have my own and that is I highly trade only for swings. I am trading by Altcoins/Bitcoin, Bitcoin/USDT, and I do have a Margin trade. we all do have our own technical analysis and our own perspective as well as our top picked cryptocurrency as for investment. as for me i am highly focusing on having bitcoin or ethereum as of the moment, because it seems that this will bloom next to each other, then i just follow up by some popular coins in the market as for slight investment for them. |
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I am a beginner in the bitcoin / altcoin trading market. and I want to ask all members. how do we start trading bitcoin / altcoin and how do we analyze price changes, and is there any method to analyze it ?? let's discuss together  Well, in starting to trading it is better that we have a full knowledge about it. It is better that we are be much aware to it's system because as a matter of fact it is a very risky things. In trading, we need to have a positive set of mind and good strategy so we can be successful to our investment. We need to have a range of percentage so we can able to know it we already earn or not. In analyzing the price change, we need to be much alert in the cmc so we will be much updated in any changes that are happened. as much as i can agree with you about it. When you really want to learn about trading, you must also be willing to learn it by yourself and study and at the same time make your own techincal analysis. One more thing is that you wil learn based on your experience. |
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Yes it is not an easy task to develop a wallet for all currencies and a cryptocurrency token. Because different coins mean different Blockchain. This blockchain uses different encryption mechanisms and storage mechanisms. Do not put all your eggs in one basket. If there is a problem with the wallet, you will lose all your cryptocurrancy at once.
yes i agree, there is a very big tendency that you will lose all of your valuable belongings instantly, that is why when it someone develops this crypto wallet they must make sure that the security is very strong and cannot be penetrated easily because if the opposite will happen then most probably they will lose their valod costumers. |
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bitcoin and crypto volatility are more difficult to predict than forex and other currency volatility.
bitcoin can fall drastically and can rise indefinitely. and this is what makes bitcoins and other cryptos can take over the world economy. even if it has already been realized, and the world adopts bitcoin, then bitcoin will not drastically fall and the crypto world will stabilize like fiat currency.
when bitcoin prices fall, then this is a golden opportunity to buy more bitcoins.
honestly i am not getting your point my friend. Well it will come to the time where it will soon adopted in the whole world, but there are some negative tendecies as well, and we cannot guarantee its hundred percent accuracy that no one will be against it. |
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in my own personal opinion the ones running the whole economic system of each country are the banks, and i cannot also agree that crypto is not trustworthy. crypto is indeed trustworthy and the ones mostly that are against crypto are the banks, of course people will doubt crypto when someone said it is banned because it is not trustworthy right? But we are being optimist that someday it will be accepted fully.
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Every person will have the different opinion about it, it depends on how their point of view.
IMHO, from myself, I will prefer to invest my money in BTC and other trusted and promising cryptos. This is the era of investment. So, if we can make it as a valuable thing, why not? I know that the risks are very high to invest our money in crypto, but we can also bet the high profits with certain smart strategies and luck. However, of course, we must also have savings in our bank for cash.
yes that's the least action with could take and maybe it is one of the most reliable move to make. so in short, you should diversify your portfolio, it is easy to say but hard to do. let's just say divide your funds according to your needs and for investment, along with your savings and emergency funds. |
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Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH. ..... You might end up with a bitcoin worth $100 in year 5.  I agree with what you are saying. I remember someone here from the forum said the same thing and that made me realize that I should enjoy and take some profits. This isn't an investment used to be but to take profits and enjoy during the ATH is what others are forgetting. The fact that everyone is becoming greedier due to the potential that we can see to bitcoin but at the very end of it, we fall. There's nothing wrong in holding but don't forget to take your profit. but a lot of them would prefer to hold rather than sell not because they are being optimistic but because of what you have said GREED. yes it is actually right, lots of people tend to forget what really is important and what are their aim, and in the end they just keep on regretting that they didn't take action while its still hot. |
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How I heard about bitcoin started early 2015 when I was searching for means in which I will use to earn some money to help support my schooling because I'm an undergraduate. So I was introdue into an online business by a friend called MMM (As of then I never knew it was ponzi) the way it was presented (mouth watery bonuses) made me to engage in it fully and started marketing it. I became successful at it made some cool cash too.
When it became famous in my country I decided to explore all its benefits then I saw an advert of BItcoin I picked interest because it was offering 50% ROI monthly while my local currency was 30%ROI. So then.my journey began in the Cryptocurrency world. I became fully a Cryptopreneur January 2016 after my wanna be cryptocoin called TBC (thebillioncoin) failed me. I have made some few mistakes afterwards but I can proudly say, me picking interest in Bitcoin (cryptocurrency) from a Ponzi biz, is one of the most smartest move I have ever made in my life.
How did you hear about bitcoin? I Wanna hear your experience
I heard about it in 2014 by a friend neither of us invested into it but in 2015 he started Investing into btc. By the start of 2016 be convinced how profitable btc can be If one trys to earn through trading and the volatility in mid 2017 made me believe that btc is a very promising asset. Luckily you've heard it earlier, unlike me even if i've heard it early, i am still not convinced about its capability and its potential, until one day i am really curious enough to try and risk. The first thing i've learn was about forex trading, and then again i saw an ad about crypto trading, that is the only time i started learning how to trade crypto and study further about how does it work, until i encounter this forum that says here we discussed all details regarding crypto. |
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Probably this bitcoin and ethereum has its own connection because the bitcoin is the parent of all altcoin and includes the parent of ethereum if you have relatively small capital you better buy ethereum and again this ethereum is suitable for long-term investment and again more relative ethereal changes and not fluctuating like bitcoin.
of course it's different, basically it's different in usage. although BTC and ETH always compete. well, but it's very difficult to distinguish between the two, it's just that I feel that bitcoin is still better than ETH. practically there is no point comparinh those two coins which has basically different platforms and purpose one another. from different aspects many would prefer bitcoin as it is the first crypto, then second they would choose ethereum which has solid structure, but all in all they have different features, it is literally hard for me to distinguish which i should prefer, besides i am earning both of them and in a healthy way, so personally i cannot argue with which is better. |
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according to my own opinion and study of the existence of crypto and the economy one of the most sophisticated combinations of technology as well as the economy (trading) and very rapid development so as to be the center of public attention to the world of crypto, without having to think long to agree, as well as why society is very ambitious to learn it more deeply without your regulation from the government including the tax burden that must be issued by pengunanya that is where the uniqueness of the world of crypto secure privacy for the sake of personal interests, and the future will be more sophisticated and advanced both in security and the existence of bitcoin or crypto so penguna more comfortable and safe, all the things that now exist crypto just the gate to see the future economy, may be useful and successful for all of us
it seems quiet easy to say but hard to actually it is really hard. there could be lots of possibilities that might happen, and we all know that it will reach to that point, either of which will happen i am also half excited when it happens, besides as part of those who uses crypto, i don't have other options when it will be mandatory by the government, it is like all or nothing in the end. |
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personally, we already knew what will likely to happen when there is an issued cryptocurrency by the government, but if it is really a mandatory and there are certain conditions to be met, then there is no other choice aside from going on with it, but if there are some things that doesn't seem right, then there is no reason for me to go on.
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This has nothing to do with Bitcoin and will not affect the price. And you can't compare Bitcoin system and Visa system, it's completely different way of functioning.
Yes, Visa had some serious technical issues but such problems appear from time to time, not to say they are normal. Bitcoin can't and will not replace credit card issuers, no matter the problems they might having.
i actually share the same opinion like you. technical difficulties are always present, aside from those hacking attempts and system failures, besides they have different structure system. it also doesn't indicate that the fall of one structure will be the end, one more thing also, every system encounters this kind of problems and its quiet natural, but it is not the end of it. |
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Taxes are mandatory for every country to implement it. Paying taxes will also be useful for the development of a country and every citizen must pay taxes if it can not deal with the law.
yeah aside from it is mandatory, it is also one of the proof that you are a citizen of that country. Although their reasoning is that they will use that money they got to improve the country, there has been lots of unsolved mysteries and unanswered questions to where the funds are really going. |
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personally as of now it is quiet hard to tell which bounties and ICO are legit and not, and due to this kinds of activities, the rates of investors began to lower. i should suggest that you should still do the traditional way of research as much as possible.
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Any investment outside of crypto will be good in essence because you will be diversifying more. Just because real estate is profitable doesn't mean everybody profits, it too is a zero sum game. Knowing this entry is just as important in real estate as it is in crypto, have a bad entry and you will never make profit. Lastly do also know that the real estate, stock, and every other asset class is in a historically huge bubble. I wouldn't personally get involved right now, I would wait a couple years until things died down a little bit.
My general idea on Bitcoin investment is more on trading market, likewise investment into real estate is par more different, real estate investment is with the SOLID/ Actual investment, i mean the physical structure or the lot we purchase, compared to Crypto it is a digital/ virtual investment, we relay on the digital encryption, digital account. But, since we are now into Digital age everyone is happy investing into crypto currency. although, it is individual preference where to make an investment either on Bitcoin or on Real Estate. there is also nothing bad on investing to real estate properties as long as you can still manage it. because aside from crypto, there are also lots of options you can choose when it comes to investment, so it is up to you on how you diversify your portfolio. personally i would also like to recommend spreading your eggs in different baskets, not only for bigger chance of profits but also to be safe if possible. |
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Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).
Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!
i can personally relate to this feeling, like you are just too busy for doing some crypto research and all other stuffs related to this things and you often forget you still have work to do. it is good to hear you didn't ditch your work and focus on crypto, well we can't really say trading and other stuffs related to crypto isn't considered as work, but having a stable job is quiet good for your daily expenses rather than depending to uncertain income, which is in my own opinion not my forte. |
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i agree with most of the people here. although bitcoin and blockchain system needs energy, it doesn't really imply that it needs a tremendous amount of energy just to hold transactions everyday. There are also some who are developing their own source of energy which has low cost and eco-friendly. Although it wasn't successful yet, people are spending their time and money to create a more reliable source of energy that could last until lifetime.
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The wisest to do with our savings is we should have a good decision like one half of your salary goes in the bank while the other half will be saved for other expenses, you must know how to controlled and have a decision that you won't regret someday.
There are many good things that you can do with your savings and some of them are explained nicely by you. Well the amount that you can save always depends on how many people you are supposed to feed or support financially. If the number is not large, you can save great amount but if it is otherwise, you end up in borrowing from others. Saving is not always possible for everyone. Those who want to save, they need to plan their budget. i somehow agree with you, since not all the time we just keep on thinking about savings, there are also times where we need to spend for emergency purposes, that is why we need to diversify our money and spread it wisely. Next thing is that not every people had a chance to save money as much as they can do because of their gross income. |
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i actually don't know if anybody did bought bitcoin at that price last year, if there were few then too bad for them if they sell it, but if not and still holding well still it isn't a loss. i almost even give in at that time because of the surge but i followed my instincts and did not bought at the wrong moment.
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I have always advocated for buying of bitcoins cause that's simply the best coin that's available for users, mostly everyone has heard of it, it's easy to liquidate the coin. As he rightly said all other alts are overvalued and can burst cause people will just dump them, but btc has time and time again proven to rise up and up. I think these are excellent times to buy and accumulate bitcoins.
i perhaps agree with your opinion, besides bitcoin hasn't yet reached its peak where you cannot buy on and it hasn't still matured yet to be called at peak already, but relatively based on its price and where it stopped you could actually say its on his peak, but not quiet right. |
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