Buy 5 coins and wait till each of them grows 10%, then sell

[Smitty Werben Man Jensen]

buy Ontology, Waves, Ravencoin, Bitshares, and Ripple, I am sure these five coins will increase by more than 10%,
just wait until the Bitcoin price goes sideways then the altcoin will recover quickly.

[doomloop]

You are saying weeks, what if you buy at a price that wouldn’t be crossed for years after it falls? Even the top cryptocurrencies sometimes becomes bullish and reach a very high price and when they do that, they will fall back after a correction and will stay on a normal price, and those people who bought at a the highest point of the bullish market might be waiting for years before they recover what they have lost.

So, if you’re investing you have to be very careful, keep an eye on Bitcoin, it’s the main thing there and its price can influence most of the other coins, most of the times they follow its movement.

[Kong Hey Pakboy]

It is a good strategy, but it is too far from your expectations because it is a risk if you would buy 5 coins, especially if you bought coins that are not very promising. There is no guarantee that all of the coins you have bought will grow by 10%, even you have earned by 10% from one of these coins you can still lose money because there are coins that takes months and years for them to increase by 10% from it's prices and sometimes they don't.

[target]

The right currency will be hard to figure, Waves could have been one if you have gotten them at the right time too. If you have to make it simple that you don't have to wait longer then just pick BTC. 1000EUR today could be worth $5000 in the next few weeks without you having to deal with stress when the token you have chosen is left behind when all are green and they are still red. 10% is always possible for BTC in just a week,

[bounceback]

Why never buy one coin for all your money? I know when you reach profit you can earn more but cryptocurrency is fluactive price and we can't prediction correctly because any bad news happen outside and make any coin have predicting before miss from our expectation, so this why most important you need buy more than one coin for less risk when with one coin bad news and dump you still another coin have chance to get profit and keep trading with other profit coin, maybe if you wanna all in your money in one coin if price going dump you need waiting for when your assets coin trading back to higher price without have chance to buy other coin.

[bearexin]

There is nothing wrong with the idea, it’s a good one and five is a good number to go with, it isn’t too much and it’s not small, it’s moderate. When I was reading the article at first, what I had in mind was what you’re going to do if the market of one of the coins should go down what you’re going to do, and you have already answered that, the others are going to cover for it.

If you’re going to be buying five coins you should look for good ones that are not going to disappoint. I have seen coins, especially the new coins, that will increase to a very high price when they are launched and then they will fall badly and never to get pass their ATH price. So sometimes it’s best to go for the old coins.

[pixie85]

What about time frames? If you look at some coins and how they did since 2018, you'll see that many never pumped by 10%. They had their small 5% pumps and 6% dumps that over the course of months made them lose value.

A new investor may find that he held a coin, there was no 10% pump and the coin is now worth 20% less than a year before. He can sell at a loss or hold a bag forever like people who bought all those new PoS coins last year.

[error08]

What about time frames? If you look at some coins and how they did since 2018, you'll see that many never pumped by 10%. They had their small 5% pumps and 6% dumps that over the course of months made them lose value.

A new investor may find that he held a coin, there was no 10% pump and the coin is now worth 20% less than a year before. He can sell at a loss or hold a bag forever like people who bought all those new PoS coins last year.

In that case, we have to choose some coins that have good potential such as bitcoin, altcoin, ethereum, waves, monero, nem, and so on. 10% isn't so big to achieved and may take 1 week or 1 month to reach it, depending on current market trends. For example, bitcoin fell to $17,6k 3 days ago but managed to increase up to $19,4k yesterday, so it has achieved a 10% increase. Nevertheless, limiting profits to just 10% is indeed an advantage, but some coins like bitcoin have the potential to grow more than that, so we can wait a little longer to take 20% or 30% profit.