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

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?

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?

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