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There are coins that should be in your list but are not. There are also coins that are in your list but should not. Why are Ethereum, Litecoin, Monero, etc not included in the list? I have not heard of XML also. What coin is that? Another thing, what ATOM are you referring to? I suppose that is referring to Cosmos? There is also Atomic Coin and its ticker is also ATOM.
My plan is to only purchase BTC as store of value and then try and hodl (using crypto lingo) these alt that I referenced above I am not planning to trade actively, unless there is a [considerable] big pump, in which I might consider to dump the assets, with the aim of wait and buying cheap
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hi I was introduced recently by a friend to the crypto world. I've been doing some reading about the reality of this ecosystem, creation of bitcoin and then alt coins, market experiences, the different projects objectives, a bit about the theory behind them incl pros and cons, and so on (I am a .net programmer and would like to think tech savvy, but had always ignored this field) and well ... I decided to invest 2K right away
I made some investment choices but then read a bit more and decided to re-balance it in the following manner:
BTC 36% ADA 23% XRP 21% EOS 8% QTUM 7% XML 3% ATOM 2%
On top of this, I am considering investing $250 every month (of course I will be flexible depending on markets prices but take this as an estimate) in the following proportion
BTC 50% ADA 25% either EOS, XRP or BCT the rest 25% note: for some reason I am not a fan of ETH and trust in the potential of ADA much more
I am far from rich, especially because I live in a very expensive city, but I have a decent paying job and I try not to overspend; so as part of my savings strategy [for early retirement] I am saving 2-2.5K every month and transferring it to a money market account (and then CDs) so at least it can grow a bit in time (not counting growing inflation)
This good friend mentioned to me the so-called 1 BTC rule and I have been giving some thought to this idea. Purchasing 1 BTC would not be a problem [in the affordability sense] but then I think about the other tenet which talks about only investing in crypto what you can afford to lose. If I lost the invested 2K I would be really pissed off but I would get over that. Now shelling 8K for 1 BTC would not kill me either but It would certainly impact my plans for an early retirement
What is your perspective on this situation?
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Hi I have recently invested 2K (USD) in alt-coins, even when the market is not doing that well, but my ideas are long term (~7-10y). This amount breaks down as $800 worth of ADA, $400 XRP, $300 IOTA, $300 ETH and $200 others minor players
My reasoning is: - I can afford to lose these 2K, not that I would like that or enjoy it, but I know this is a real possibility and it does not bother me because I see it as a bet - I prefer to be aggressive and take risks: If a 2K investment can yield 300 % and grow to $6000 in 10years, that would be most welcomed, but this would NOT improve my life [or life decisions] in a dramatic fashion; on the other hand, if these 2k would come to grow to 200k-300k in 7-10y, then this would certainly impact my life
Am I wrong? Maybe, ... but I do not see the same growing possibilities with BTC because simply it is more matured and established
PS: I am an admittedly total noob with cryptos, so that might be why I think this way. but, you know, to each his own
Hi again I have been thinking about this and running some analysis, simulations and what not, and I decided to re-balance my original 2K according to this 25% ADA 22% XRP 10% NEO 9% BCH 8% TRX 8% EOS 7% QTUM 4% ATOM 3% XML 3% MIOTA 1% XEM Any input?
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Hi I have recently invested 2K (USD) in alt-coins, even when the market is not doing that well, but my ideas are long term (~7-10y). This amount breaks down as $800 worth of ADA, $400 XRP, $300 IOTA, $300 ETH and $200 others minor players
My reasoning is: - I can afford to lose these 2K, not that I would like that or enjoy it, but I know this is a real possibility and it does not bother me because I see it as a bet - I prefer to be aggressive and take risks: If a 2K investment can yield 300 % and grow to $6000 in 10years, that would be most welcomed, but this would NOT improve my life [or life decisions] in a dramatic fashion; on the other hand, if these 2k would come to grow to 200k-300k in 7-10y, then this would certainly impact my life
Am I wrong? Maybe, ... but I do not see the same growing possibilities with BTC because simply it is more matured and established
PS: I am an admittedly total noob with cryptos, so that might be why I think this way. but, you know, to each his own
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