Hello folks,
Long time lurker, first time poster here. I was hoping some of you folks would chime in on my portfolio. I've tucked away 5k that I was going to use on some index funds but crypto at the moment looks very enticing. I don't plan on touching these coins for at least 3+ years. Whether my investment is decimated due to a bubble popping or it triples a year from now, ill be holding.
My portfolio:
Ethereum (ETH)-2k
Bitcoin (BTC)-1.5k
Litecoin (LTC)-300
Monero (XMR)-300
Ripple (XRP)- 200
Golem (GNT)-200What do you guys think? I may not be driving a lambo or vacationing to the moon with this portfolio but i'll be happy if im driving a lexus and vacationing to australia
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Looks good to me, but I'd get more XRP, particularly if you're going to be holding these long-term. ETH is the largest single part of my own portfolio, but XRP isn't too far behind.
XRP has a current, real-world use-case, and at present no real competitors for its target market. And also a very professional team.
If people say "banks will use Ripple but not XRP," then research it and you'll see why XRP will be used
I'll second that, ANS (NEO) would be a great addition. But also more XRP!
And maybe throw a bit at some lower marketcap coins. I'd go for Status, Aragon or BitBay.
But in the end everyone will just recommend the coins that they themselves hold. So best recommendation for anyone holding long-term is make sure you know as much as you can about the coins you're backing: what they're trying to achieve, likelihood of success, potential market, competitors, possible stumbling blocks, dev team, roadmap etc etc.