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You may check Cryptomover and Iconomi.
They are offering index funds that suit the needs of crypto newbiesss. The management fee for Cryptomover is super low and you may want to take a shot.
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i believe diversification is safest
True. But sometimes we have to see how diversified it is. I prefer composing the portfolio using the top 10 coins (or maybe 20 if you can take more risks). In this case we shall enjoy the uptrend of the market and limit loss when there is a dump for particular coin. |
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I want to share my strategy in cryptocurrency. 1. Divide the portfolio into half 2. Put half in index fund , and half under active management 2a. Passive investment: I chose Cryptomover ( cryptomover.com) because of its low management fee (1 bps per day), to prevent the managers stealing my nice return  2b. Active investment: Observe the price movements of the top 20 coins. Buy when they reach their 2 weeks low and wait for the bounce back. For me, I also study the ICO coins to anticipate a 10x, 20x return What are your investment practices? |
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I wouldn't hold anything online (keep it in a wallet you control) and know that almost nothing is regulated and even the "credible" sites (exchanges/investment sites) often end badly.
I also invest in stocks, have a rental property, have some gold, and Lending Club. Spread your money around, and don't invest more in Cryptos than you are willing to lose. If my crypto holdings continue to grow as quickly as they have been, I'll take some off and put it in something safer, to keep accounts proportional.
Actually that is my goal to build a diversified portfolio. I am planning to earn my first bucket of money by cryptocurrency and I will probably do it through investing in these index funds... btw, just bought some CM10 from Cryptomover and some ICN for Iconomi, let's see what will happen |
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I will vote for passive investment, like the index funds (e.g Iconomi, Cryptomover, etc...) Then I can enjoy the uptrend of all coins and won't miss out any opportunity  What are your thoughts? I think that the index fund depend on the bitcoin and ethereum movement, Sometimes if the bitcoin gets drop a lot and you will be lost in index but that was a safest way in this time but that can't bring you a lot of profit in once time trade. yeah... I would rather aim for a long term profit, so I am thinking diversification through index funds will be a good choice for me |
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- buy high
- sell low
- invest in biggest gainers at CoinMarketCap
Your instruction would've been great if you didn't make a huge mistake. Obviously, you must've meant buying low and selling high. Anyway, I think that the idea is good, but can be specified a bit. To invest safely one has to follow these steps: 1. Look at top 20 coins on coinmarketcap. 2. Define those which dropped 20%+. 3. Look at the news about these coins to make sure the drop is not due to serious problems discovered. 4. Look at the price chart of the coin and make sure it's price was 20%+ higher than now for at least two weeks. 5. BUY IMMEDIATELY those coins which met all the requirements. 6. Wait till the price recovers, then watch the price carefully once per hour. 7. Sell when it drops 5% from the maximum you saw that day. oh this is really a good strategy to follow, but step 6 may take a long time in some cases |
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Good idea, but be careful with the "passive income". You can get fraud
indeed, many scam out there now, we have to do our own due diligence  |
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never too late to go for OMG, as it is going to hit 50 very soon  |
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- buy high
- sell low
- invest in biggest gainers at CoinMarketCap
haha true. but sometimes we will miss out some pumps if we are holding particular coin, so holding a portfolio of coins guarantee we enjoy every pump! |
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what is Iconomic? How is it passive investment? Is it a platform where it allows you to buy coins and agents rotate the money for you? Sorry but I don't know how it works, can someone explain it to me? I want to be enlightened on this and how it is passive investment because I would like to find for efficient ways to invest in cryptocurrency
Iconomi is basically a platform for fund managers to list their own funds and attract investors. There are a few funds available now, one called Blockchain Index (an index fund), which gives us a way to do passive investment. We just send the money and sit and watch the performance of the index. Cryptomover has a token called CM10, its underlying value is reflected by the CM10 Index Fund, which is an index fund composed of the 10 largest coins. This company is less well-known but the management fee is so low that it attracts my attention. I just did some research and turns out the company is in the 500 startups. Actually I also search about Bit20, but seems like the liquidity of Bit20 is super low, so I am not considering it. |
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Iconomi (ICN) offers the safest way for those who have no idea about how crypto investment works in general. By buying into their index funds, let them do all the hard work while you sit back, relax and watch your money grow over time.
I am going to divide my portfolio into half, half passive and half active. I am thinking between Iconomi and Crytomover. Iconomi is good but Cryptomover is charging a super low management fee (1bps per day as far as I know), and an index with the 10 largest coin sounds promising... So I am still struggling...  |
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I will vote for passive investment, like the index funds (e.g Iconomi, Cryptomover, etc...) Then I can enjoy the uptrend of all coins and won't miss out any opportunity What are your thoughts? |
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Holding some index fund related tokens now ICN and CM10 for me (Iconomi and Cryptomover) |
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I have done some researches on cryptocurrency index fund, like Iconomi, Bittwenty and Cryptomover. The annual return can be up to 900% and that is astonishing to me. Actually, should I invest in particular coins, or should I invest in a portfolio of coins? I am in struggle and I don't want to miss the uptrend of the crypto world.  |
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Seems like Kyber is one of the few projects advised by Vitalik. I feel positive of its potential. |
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maybe investing in some funds is a good option for newbies like us.
a friend of mine has shown me some options like Iconomi, Bittwenty and Cryptomover. I am going to spend some good time studying on them.
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Wanted to put all my money in Bitcoin and Ethereum, now I am thinking twice.  But actually how's the index performing this year. |
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