I personally believe, that the combination of long term investment - buy bloody dip - sell high combined with mid term trading (swing trading) is probably the "safest" combination out there, if you can't find another low coin or ICO.

Why I believe it? Because the only factor in these is me, how I perform with my trades using volatility. It is unlikely to get scammed or falling victim to some ponzi.
Most of the negative factors which other investment methods bring with themselves are relatively irrelevant in swing trading, as far as I understood.

Long term investment on the other hand is something very risky if done with less trusted projects and are probably less risky going with BTC or ETH as some examples.

Everything still works in terms of probability, as we know. The market surprised people I know including myself pretty often, especially in the last month or so.

I am not sure what to understand from your first sentence. Do you mean, that the lack of aggressive strategy is a high risk factor and a speculation?
Could you please explain this idea in more detail?

I fully agree, having a specialized strategy for each coin itself is the professional way to go.
I bet a lot of experience is of great help, but that must be gained by people like me yet.

It will take a while to set up such a system with this kind of depth from scratch though.
As I mentioned in my first post - the pattern I described with the dark numbers can also be used in more detail, which includes an entire project itself.

This is still only the asset management part, I still need to make a strategy on how to exit.
Buying has been pretty simple in the last months, because of all these beautiful dips. Selling would have been extremely lucrative too, but I was actually expecting the bullrun to happen already.
The other way around could be, that my greed stopped me from making profits. The fear of missing the bull if selling...(yes, I know its FOMO) That is the reason why I might benefit from technical analysis while having my strategy implemented. It feels like a safety cord to a certain extend, though losses are inevitable, they happen to everybody at some point.

I wonder how well professional traders can trade cryptos, like how their profit : loss ratio in the number of their trades looks like (simply profitable trades vs non profitable trades, not the value of the trading itself)

Thank you guys for this great feed back!

This is just a crypto strategy, it is not an overall asset management strategy. Currently I am building my crypto portfolio till the next big bull or even new all time high, let me see.

My plan was to start with something, go deep and try to become efficient at it, before moving to something else. Crypto currencies seemed to be more important over the stock market simply because the stock market is established already, cryptos are not. This means, that focusing on cryptos first seemed to me to be the better option. As soon as it feels right, I will expand my assets also into different things, like real estate, start ups and gold, because I believe those are the next best choices I could find so far.

I fully agree, that this strategy is NOT a complete one, nor is it an overall asset strategy. It was just an idea how to start going more serious on my crypto assets, I would never have expected it to become so well recieved by so many people!

If this trend continues, it might motivate me to create a complete PDF version including graphics which would make it understandable for almost every person on earth.
I definitely plan to show some numbers once I got it implemented and working for a while and to post my experiences including an updated version, since no plan survives the first battle...

@ Financial Freedom 4U
Many people considered the crypto volatility as a gift for trading and profits, how comes that you see this point differently?

@ Coltpython
If things go south, you have the option to hodl or sell (which might be a panic sell... bad idea).
You can only do it if you are aware of that situation AND capable of actually doing something (taking coins from wallet to exchange and sell at any time...)

As you can see, these are many factors already which have to be given in order to "save" your assets. A possible solution would be to have a dedicated crypto smart phone with API keys from your exchanges connected via Tab Trader and a Wallet App where you own the private keys.
This combination enables you to be ready at any time, if you set an alert and track the price, you should not miss any dip anymore.

I didn't like the idea to give somebody I don't know an API key which can withdraw funds from an exchange, because that is a serious security breach, which forces me to do it from home and sometimes leave some assets on the exchange during the day, which is a VERY bad thing too, to be honest.

I have not found a proper solution to this issue yet. Dragging a notebook or tablet around is too big and a smart phone needs an app, using its' browser is blocked by the exchanges for a good reason. Which leaves me with some bad choices.

I would be really happy, if somebody comes around with a solid solution to this issue. Because IF you are not ready 24/7 or as soon as your alert goes off, you are going to miss a lot of opportunities.

I thank you all for this appreciation!

It is my first raw concept and I thought I share it with the forum.

So far my strategy was to simply fatten my portfolio by buying since autumn last year. I went hodling through all the highs and depths to get a feeling for cryptos and the psychological effects it has on me.

Now I am starting to go to the next level by creating an asset management strategy which I can agree upon.

The next step would be technical analysis and alle the details about trading. I have had some theory, but I want to get in touch with some swing trading actually (thank you for teaching me the word, tuanphuong666!).

It should help me to understand the market better, though I was able to invest into the nice dips even without any analysis. I simply started to become more patient with buying and waited for the markets to bleed painfully...
If you might ask yourself, yes, I know FOMO very well and learned it the hard way as a hodler, luckily though I didn't go in too much early 2018.

I am actually looking for some useful tutorials or courses, I don't mind to invest. I am only interested in quality material because I wish to go deep.
Maybe I should start a new Topic for that one...

I personally left mining out simply because it is only really viable during a bull run. I tried cloud mining and I also check the mining efficiency and found out, that this has not really been a good idea for a while now.

If it is such an occasional income, which in worst case keeps mining only dust because it is cheaper to save the electricity and invest the money directly into the coins, while having an insane competition AND a lot of trouble in technical terms, if you consider mining with your own hardware. having the choice for a contract which robs you any flexibility is not a trustful investment option for me either.

Any way you take it, scaling profits is only easy with cloud mining, if the contract makes profits. Doing it with hardware yourself takes true dedication and creates a lot more problems to take care of. Heat, noise, theft, heat, electricity bill (look at german prices, you will understand...), maintenance of hard- & software and did I mention heat? Like 80 °C per GPU? 24/7?

Since cloud mining is not flexible, you can not even change the coin you mine and you have to pay some well earning people, I can not see it being a way for me to take a risk and invest.

The real advantage of having your own mining power which you can flexibly use is pre mining coins before they hit the market and selling on the first pump. There is no cloud mining company except nice hash (which was not making any profits forever) where you possibly could use your investment on arising opportunities - rather it is locked and useless in worst case doing no profits at all.

Having your own farm is only viable in countries with extremely cheap electricity and cold weather. Germany as an example is completely useless to set up your mining rig, because poland is 3x cheaper on electricity and right next to it.


From my life experience flexibility means survival. It also means mobility, the possibility to act to changing conditions. Simply buying an altcoin or selling it again is a way lower hassle than the mining business.
I believe we all are looking for less stressful ways of income. This is the reason why I left out mining from my strategy. It was located in the draft in area 2, but i deleted it.

Thank you for your advice, blindminer!

Maybe you can prove me wrong with some numbers, though I would accept the philosophical and moral aspect of supporting the network by dedicating a part of your investment into the process of mining.

At the other hand why increase the difficulty by investing even more into mining? It consumes so much energy already, that I believe it is not viable at all to stay with the proof of work concept, since BTC needs more power than Denmark already!

If I am honest, this issue is also starting to affect my choice of coins I am looking at to put my money in, the ideas I personally love to support.

How can we be so sure? Do you have data for these accusations - because so far you simply claim what you are saying. 90% is quite a lot of "evil".

Imagine even if there are people who want to do their job well, how the hell should they get all the information they actually need? Then again everybody has agendas and his own idea of "right" or "wrong" - how should the "right one" gain the necessary support?

Imagine you realize you can not do it anymore, are you going to out yourself to the entire company to find like mindet people? Is anyone going to want to join you? ^^ I really doubt that...
I probably would keep my mouth shut and try to quit the shitty job, since I value moral over material wealth, but do not serve anybody being dead in a ditch.

Who knows, let us be happy that we are not in such a dilemma, it is bad enough to be on the recieving end

Ladies and gentlemen,

I am currently trying to set up and asset management strategy for my crypto currencies.
I hope to find some experienced people who might want to share their way which works for them for inspiration and learning.


Asset management example:

100% investment seperated into the following risk areas:

1) safety = "solid" hodl @ 50% of total investment (only very trusted and established projects with examples like: BTC, ETH, LTC,...)
2) low-medium risk = "mobile" long term trading, lending @ 30,9% of total investment
3) high risk = "aggressive" ICOs, unpopular altcoins, trading - buying underpriced / bleeding altcoins @ 19,1% of total investment

Each area in itself spreads the investment into different projects, depending on your preference / trust to avoid an "all in" situation in any of the 3 risk areas.

-This system transfers wealth from area 3 & 2 towards area 1, the safe pot, where you accumulate crypto wealth.
-You are not allowed to "refill" losses from area 2 or 3, you are forced to manage each area to gain profits with its own more detailed strategy.
-Profits from areas 2 & 3 are redestributed among the entire investment, while area 1 keeps beeing fat and greedy, sharing nothing for safety.
-Area 1 can cash out 10% after a gain of at least 20-35% for buying stuff (land, house,...), which prevents you from cashing out more than it actually accumulated.

This system works, if you have a working profit strategy, simply YOLO-ing will not be of much success.

This system works like a tree, spreading into finer parts of asset - risk management, where we have 3 main branches which follow a different strategy.
If you like, you can use the same system on each branch again as a pattern which repeats itself, like the branches of a tree do.

This diversification of your asset gives you the advantage of damage prevention from risk while also allowing for some profits to be achieved.

Ideally you even seperate these 3 branches into different wallets and keep them apart. This way you also see quickly, if your strategy in the risky branches 2 & 3 does or doesn't work.
You are forced to make profit with branches 2 & 3 to "keep them alive" and be able to redistribute the newly accumulated wealth.

Since all people are unique, you might want to change the %-amount of each of the 3 areas. The only way which makes sense to me is to increase the percentage of the safer branches and put less investment into area 3 or even area 2, which means to take even less risks, because I consider this strategy example as pretty aggressive and greedy imho.

Let me know if you have any ideas for improvement or if this helped you!

evdokimo

You have a point but you need to be very selective what you buy on forkdelta or etherdelta, there is so much trash there that will never go anywhere, mostly people drop free airdropped coins on these exchanges. Once in a while you can find a hidden gem that goes 100x when listed on another, bigger exchange. But most coins who get launched on ether/fork delta don’t make it to another exchange. That is also why they are called the token graveyard. I prefer Kucoin, you find many low cap coins there but they have a brighter future.

Yes, they started with one coin and then realized they need two as Oyster is two projects in one. PRL enables website owners to use the cpu power of vistors to generate revenue which will be distributed as Pearls. The Pearl has 64 Gigabyte data storage which is today around usd 5-10, so there is intrinsic value and sooner or later the price per pearl on the exchanges will reflect that.

Shell is an even bigger and more disruptive project, read this:
https://medium.com/oysterprotocol/dawn-of-a-new-era-3ca2e2f5a1c6

Indeed, if you look to make 5x or more in a reasonable timeframe do not even look at the too top 100, rather look at the other end of the spectrum and find some hidden gems with potential but low market cap. Oyster Pearl is one of them, or go for Oyster Pearl which costs a fraction and probably still more room to grow. I think Oyster will explode in 2 weeks when the main net is released. And if they can really deliver on Shells vision of free (unrestricted) internet I would not be surpised if it does 50x or even 100x until the mashnet goes live.

Yes MAN is not yet well known but I would not underestimate it, the guys behind that project are very capable, it might be long shot but you can buy a 3rd gen AI powered blockchain for a dollar currently.

Never make a decision based on the 24 hours performance without knowing the fundamentals, this is called fomo and you will loose more money than you make in the longterm.

Just before a main net release is the best time to buy any altcoin, especially if there was not a pump yet. While EOS has more potential in the longterm, it already pumped recently contrary to Tron, therefore I think Tron might have a but more room to grow, but both are excellent picks right now.

Well, you are certainly regarding ICOs, now is not a good time, even experienced ICO investors like Ian stay away from most projects in a bear market and buy indervalued coins indeed. I don’t agree about exchanges, if you do research you can get many top projects still highly undervalued. Look at Lisk, Hacken, Cobinhood, Zilliqa, Wanchain, and dozens of others with potential to do 10x by the end of the year.

I have actually sold my ADA yesterday. It has long term potential but in the short term there are more promising platforms that have their main net this year like Rchain, Aeternity or EOS.

Not sure where you guys live, but for instance in europe you have to pay tax in almost any country except denmark. Check out denmark, it is a crypto heaven, zero tax regardless how much you make.

There are so many reports of people who get blocked by mods who have seemingly nothing done or harm anyone, on the other side there are so many who already scammed and betrayed dozens of members and received negative trust feedback reflecting that. Yet it seems very few of the later ever get removed from this forum!

Why is that?

Why do you have to wait for months....?!

I wonder why so many people get banned recently...

Yes, I pay taxes for my crypto profits. Government is very strict here regarding this and has sent notices to people not paying taxes. I do not want to end up in jail after making money with crypto and not paying my taxes.