Seeking input on plan for a first investment

[ShunyataBhavana]

Hi Folks -

I have no crypto holdings but have been thinking for a while about getting in.  I've read just a little and watched the prices fluctuate for a couple months but don't know that much.

From watching what the markets seem to believe in, I am thinking of investing

40% ETH
40% NEO
10% VEN
5% DGD
5% WTC

and using Binance as my exchange to buy.  I am thinking that there may be another dip before there is the next dramatic rise, and I am waiting for that  (or maybe I am just mad at myself that I didn't jump in on Feb 5th, when I had the impulse to). 

Any suggestions about coins, diversification, exchange choice, timing?

Also, what I'd really like to do is invest in something like a reliable and trustworthy ETF/mutual fund, where I provide capital and some smart people who live and breathe this stuff 24/7 do the investing and re-balancing.  I've seen a few things that kind of look like a 100% crypto mixed managed fund, but they're all not exactly that, or else they're already closed, or the SEC has made them illegal for now.   Any suggestions with this, too?

Thank you.

[paladium]

NEO and ETH are very good at a reliable angle. In addition you can check 0X and ICON.

[needctrl]

You're missing BTC. I'm pretty sure everyone, including myself, will be surprised by BTCs next ATH.
Otherwise a very solid portfolio. I would add BTC and some micor cap super risky x100 potential.

[soloinvestor]

Hi Folks -

I have no crypto holdings but have been thinking for a while about getting in.  I've read just a little and watched the prices fluctuate for a couple months but don't know that much.

From watching what the markets seem to believe in, I am thinking of investing

40% ETH
40% NEO
10% VEN
5% DGD
5% WTC

and using Binance as my exchange to buy.  I am thinking that there may be another dip before there is the next dramatic rise, and I am waiting for that  (or maybe I am just mad at myself that I didn't jump in on Feb 5th, when I had the impulse to). 

Any suggestions about coins, diversification, exchange choice, timing?

Also, what I'd really like to do is invest in something like a reliable and trustworthy ETF/mutual fund, where I provide capital and some smart people who live and breathe this stuff 24/7 do the investing and re-balancing.  I've seen a few things that kind of look like a 100% crypto mixed managed fund, but they're all not exactly that, or else they're already closed, or the SEC has made them illegal for now.   Any suggestions with this, too?

Thank you.

You have a really good portfolio for a long-term holding. It depends how much ROI you want to reach.

The most of the privacy coins are undervalued right now.

The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.

I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.

They are on Pre-ICO stage right now, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalk.org/index.php?topic=2659058.0

[waiki]

Seeking input on plan for a first Investment ! Many read the crypto market news, ask lots of questions with the senior, read on bitcointalk discussion forums and try capital from that investment is a gift from the gift project you follow.

[Nikobitkoint54097]

Hi Folks -

I have no crypto holdings but have been thinking for a while about getting in.  I've read just a little and watched the prices fluctuate for a couple months but don't know that much.

From watching what the markets seem to believe in, I am thinking of investing

40% ETH
40% NEO
10% VEN
5% DGD
5% WTC

and using Binance as my exchange to buy.  I am thinking that there may be another dip before there is the next dramatic rise, and I am waiting for that  (or maybe I am just mad at myself that I didn't jump in on Feb 5th, when I had the impulse to). 

Any suggestions about coins, diversification, exchange choice, timing?

Also, what I'd really like to do is invest in something like a reliable and trustworthy ETF/mutual fund, where I provide capital and some smart people who live and breathe this stuff 24/7 do the investing and re-balancing.  I've seen a few things that kind of look like a 100% crypto mixed managed fund, but they're all not exactly that, or else they're already closed, or the SEC has made them illegal for now.   Any suggestions with this, too?

Thank you.

In your place,I would certainly listen to all the advice that you are given here!But I would not hurry to buy all the coins that are mentioned in this thread! Here mostly amateurs!And you need advice from professionals who have a huge experience in trading on the crypto market!

[man22555]

Hi Folks -

I have no crypto holdings but have been thinking for a while about getting in.  I've read just a little and watched the prices fluctuate for a couple months but don't know that much.

From watching what the markets seem to believe in, I am thinking of investing

40% ETH
40% NEO
10% VEN
5% DGD
5% WTC

and using Binance as my exchange to buy.  I am thinking that there may be another dip before there is the next dramatic rise, and I am waiting for that  (or maybe I am just mad at myself that I didn't jump in on Feb 5th, when I had the impulse to). 

Any suggestions about coins, diversification, exchange choice, timing?

Also, what I'd really like to do is invest in something like a reliable and trustworthy ETF/mutual fund, where I provide capital and some smart people who live and breathe this stuff 24/7 do the investing and re-balancing.  I've seen a few things that kind of look like a 100% crypto mixed managed fund, but they're all not exactly that, or else they're already closed, or the SEC has made them illegal for now.   Any suggestions with this, too?

Thank you.

Good Investigation so far. Assuming you want to put 80% in ETH / NEO (good choice!) you want a "safe" portfolio since these coins are well established. That said, i would consider to rethink about VEN and WTC. Both are pretty new projects (and to my mind at least VeChain is overpriced atm) and still need to prove if they're worth it.

Using Binance will be fine. You may consider to buy ICX instead of VEN.

Timing: Buy now. The massive correction in January is likely not to happen soon again.

[MV7]

Seems like you invest pretty safely and go for reliable coins. This is definitely a good strategy if you don't want to take losses, but if you want more profits and can handle risk, I would not put 80% of my holdings into two top 10 coins. I'd put a slightly higher percentage on low market coins that you feel will be successful

[renagadewolf]

If you starting always remember the golden rule, Don't invest anything you not willing to lose. Maybe look at aelf as a possible candidate its price has been rather stable through the whole bitcoin crash as well.

[sweerty1]

As far as I can see from your coin choices, you started to learn how markets work and overall psychology. I would love to suggest you to add bit secure one, called monero, as I believe it will never die even after crashes.

[silvester4]

As far as I can see from your coin choices, you started to learn how markets work and overall psychology. I would love to suggest you to add bit secure one, called monero, as I believe it will never die even after crashes.

May i know why you are assuming it will never die? I am just curious because i was wondering to put some money into Monero. 

[rysea2]

NEO and ETH are very good at a reliable angle. In addition you can check 0X and ICON.

I totally agree with you, eth option and NEO is the right choice (my opinion). Try to buy it and keep going, then big profits in the future will welcome you.

[Anne8]

NEO and ETH are very good at a reliable angle. In addition you can check 0X and ICON.

Ox and icon can not be compared to Neo and etherium because neo and etherium would be better, of course
So between neo and etherium, we will need to make hard decision. I think investing in both is better.

[gon]

I would recommend you to add more coins to the portfolio.

Like 20+20 ETH and NEO and use the the rest for other coins like ELIX and EXP.

[auliahr]

and using Binance as my exchange to buy. 

you use binance as your exchange place, but why do not you consider investing in BNB?

[Cashcash]

Sailing in safe seas is always good. ETH and NEO are the most reliable seas.

[kingzpro]

Why have you skipped the biggies like btc, ltc, zcash and dash, do consider adding them, it will suit your portfolio more, if you are long term investor.

[lx001]

Coins you have mentioned could be considered "safe" but I doubt there will be a significant growth as they are too overhyped right now. If the market goes green they will rise, but I would prefer some less market cap coins with products and use cases. Someone mentioned Elixir, it's still a baby but there's a lot of room to grow at a $15M market cap (it was around $80M a month ago), it is riskier but the reward could be bigger too.

[kickdapa]

good. NEO and ETH are really good. You are very smart when you invest 80% in these two coins. Hopefully, you will get a substantial profit

[ShunyataBhavana]

Great!  Thank you, folks.  You have given me a lot to investigate and research.  I appreciate your time and expertise.