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February 12, 2018, 05:31:32 PM |
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I started a few months ago, here's my take on how to invest smartly:
If you are mining small amounts ($300- $400 per month), use your mined eth or whatever wisely. I put about $75 per week into crypto. My goal is to keep this up for 6-8 months.
I look for altcoins that are in the top 100 and watch the charts. I READ tons of news / chat / forums when I have time. There is a lot of crap out there, filter out what you can and use the rest to attribute to the FUNDAMENTAL (general news) impact of you decision.
I am a hodler.... I don't often drop an altcoin because of some chatter I read. Stick to your plan.
Do your research... read read read...
Try and read between the lines within the fundamental data for a coin. What people "feel" and their "perception" about a particular market will drive the price more than anything... technical (charting trends) will take second place..
If you trade throughout the day / week.. learn to use fibs and other indicators.
Anyway, here's what I have going..
I am holding:
Etherium Ripple Cardano Neo Stellar NEM TRON (was a long shot ) VERGE IOTA And just for fun 20,000 Dogecoin (it was cheap)
I am looking at a few other coins this week..just trying to amass a nice portfolio and hodl on!
Cheers and have fun
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