Altcoin investment strategy

[eranglr]

Let's say that I have 35,000USD worth of BTC that I want to invest.
Thought about this strategy:

1) Finding coin with Market Cap of less then 500,000USD
2) Filter out all the coins with no advertised team behind.
3) Filter coins without any updating on blog/twitter/social media for the past month.
4) Finally - go through the coins and filtering out those who I personally believe are 'shitcoins'
5) Divide the 30K to those coins, leave 5K in BTC.

What do you think?

[captin crunch]

Good strategy, you should not invest all money only in BTC, who knows how things will go. my advice would be also to invest some money in ICOs.

[alex-nn]

Devide your money for 5-10% and invest each piece in new (<6 months) perspective altcoins (diversification) is better then invest in old coins because they already had big growth and have small chances to grow higher

[catapult]

Let's say that I have 35,000USD worth of BTC that I want to invest.
Thought about this strategy:

1) Finding coin with Market Cap of less then 500,000USD
2) Filter out all the coins with no advertised team behind.
3) Filter coins without any updating on blog/twitter/social media for the past month.
4) Finally - go through the coins and filtering out those who I personally believe are 'shitcoins'
5) Divide the 30K to those coins, leave 5K in BTC.

What do you think?

I think it might be a really good strategy. But also I think, it might be much more better if you leave more than 5k in bitcoin. Good luck!

[pearlsome]

Yes, this is not a small amount for investment. And you are good, if you have thoroughly approached the filtration of projects. I conduct a Google spreadsheet, write down there all the pros and cons, so as not to forget. Then through time it's very good to go back to this list and see what the value of the coins is in a week, a month, three months and evaluate. Did I make the right decision and were my conclusions true about ICO?

[KellyCoin]

Sounds like a good strategy. Only thing I would probably change is adding another tier for coins between the 500k and maybe 5mil mark with really good potential. There are a lot of good projects in that range that are hot hitting exchanges.

[TS06]

Let's say that I have 35,000USD worth of BTC that I want to invest.
Thought about this strategy:

1) Finding coin with Market Cap of less then 500,000USD
2) Filter out all the coins with no advertised team behind.
3) Filter coins without any updating on blog/twitter/social media for the past month.
4) Finally - go through the coins and filtering out those who I personally believe are 'shitcoins'
5) Divide the 30K to those coins, leave 5K in BTC.

What do you think?

Not a bad strategy. I personally have something similar in mind at the moment. 
I would try and leave a little bit more in BTC tho.
Good luck!

[secondgarlic]

I think $5K in BTC is too little. It depends on how much risk you are willing to take, of course, but you shouldn't forget that altcoins are very volatile and their trajectory can change very suddenly. Leaving 5K of 35K in BTC means you are leaving around 14% of your investment in btc, which I think should be increased. I'm a rather risk averse person, so I would go for a 50-50 split. As always, you should decide for yourself.

[rigel]

Let's say that I have 35,000USD worth of BTC that I want to invest.
Thought about this strategy:

1) Finding coin with Market Cap of less then 500,000USD
2) Filter out all the coins with no advertised team behind.
3) Filter coins without any updating on blog/twitter/social media for the past month.
4) Finally - go through the coins and filtering out those who I personally believe are 'shitcoins'
5) Divide the 30K to those coins, leave 5K in BTC.

What do you think?

The most important question: how long hold it before selling?

Most successful coins teached me to hold for 2 years before selling and, once sold, never look back.

[bering]

nice strategies but there was altcoins are being pumped with no updating at their blog or social media and there is no guarantee you buy altcoin which have market cap less than $500k will grow your investment but if you feel these strategies will working well then my suggest to you makes $30k for bitcoin and $5k for altcoin 

[ujinice]

I like to take risks, so I also buy only very very cheap coins like FUDD, EXRN, etc.

[Silenox]

Good strategy, I would put a 10k Bitcoin and divide the rest into icos and altcoins, but it goes from the profile of each one. Good luck.