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Author Topic: First time investor, $6k buget, did I choose the right coins?  (Read 570 times)
fia_naila
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February 23, 2018, 08:40:07 AM
 #41

First of all I want to say that browsing through this forum has been extremely helpful for me - somebody who knew next to nothing about cryptocurrencies before a few weeks ago. So many of you have been extremely insightful and I've tried to take in as much as I could! Also, rest assured that I've not chosen to invest my money based on where anyone else told me I should invest. The question I'm asking here is more or less strategic in nature, since there obviously aren't any guarantees in this sector.

So here it is, a bit over $6000 in savings, for the following coins:
2x Ethereum
1000x Cardano
3 x Litecoin
1 x Dash
1 x Monero
500 x Ripple
4 x NEO
100000 x Telcoin
100 x PIVX

My goal/expectation, aside from not losing all my money, is to triple my initial investment over the long term 2-4 years. What do you guys think, realistic? I tried to mix in some high ranked coins with a couple of well-regarded promising ones.



For cardano and ripple you need to becarefull especially ripple. Because ripple has been goes very high and also cardano. Ripple also have very much coin in circullation and coin issued it will make ripple hard to goes above $3 again. And we are looked like market in 2014 which was bearish for next 2 years. Dont go all in. Buying all coin gradually.

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February 23, 2018, 09:39:20 AM
 #42

as shown by practice, for diversification of the portfolio it is better to hold 50% in bitcoin, 25% in coins from TOP, 25% in perspective coins with low capitalization up to 200 million (for example: Fuel, Aion, Waves, Strat ...)

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February 23, 2018, 09:45:08 AM
 #43

I think you have a nice portfolio here. Somewhat conservative, but I believe that is the right move if you are just starting out.
Maybe it's a nice idea to roam of some of the profits you'll make and use that to play with more speculative coins?

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Yuuto
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February 23, 2018, 09:49:50 AM
 #44

First of all I want to say that browsing through this forum has been extremely helpful for me - somebody who knew next to nothing about cryptocurrencies before a few weeks ago. So many of you have been extremely insightful and I've tried to take in as much as I could! Also, rest assured that I've not chosen to invest my money based on where anyone else told me I should invest. The question I'm asking here is more or less strategic in nature, since there obviously aren't any guarantees in this sector.

So here it is, a bit over $6000 in savings, for the following coins:
2x Ethereum
1000x Cardano
3 x Litecoin
1 x Dash
1 x Monero
500 x Ripple
4 x NEO
100000 x Telcoin
100 x PIVX

My goal/expectation, aside from not losing all my money, is to triple my initial investment over the long term 2-4 years. What do you guys think, realistic? I tried to mix in some high ranked coins with a couple of well-regarded promising ones.

It is realistic. But it's still not something that is guaranteed.

Most of these coins have proven to us that they can indeed triple in value in even one month, so if the markets just go bullish within any time of the next 3 years then your dream of making 3x off your investment isn't going to be a dream.

I see that you're focusing too much on established coins, though. Which is good, since they are safe. But for you I think you should still diversify into smaller projects or ICOs so that your profits can be brought up as well. Also consider reducing the number of coins you're holding since the tx fees can make it hard to manage efficiently.
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February 23, 2018, 10:37:19 AM
 #45

First of all I want to say that browsing through this forum has been extremely helpful for me - somebody who knew next to nothing about cryptocurrencies before a few weeks ago. So many of you have been extremely insightful and I've tried to take in as much as I could! Also, rest assured that I've not chosen to invest my money based on where anyone else told me I should invest. The question I'm asking here is more or less strategic in nature, since there obviously aren't any guarantees in this sector.

So here it is, a bit over $6000 in savings, for the following coins:
2x Ethereum
1000x Cardano
3 x Litecoin
1 x Dash
1 x Monero
500 x Ripple
4 x NEO
100000 x Telcoin
100 x PIVX

My goal/expectation, aside from not losing all my money, is to triple my initial investment over the long term 2-4 years. What do you guys think, realistic? I tried to mix in some high ranked coins with a couple of well-regarded promising ones.
I am not sure about telcoin, a price is really high. Never heard about PIVX, but looks promising, anonymous protocols are growing in popularity, hope it will repeat sucess of Monero. As for rest of portfolio it is quite good basket. Add something like AR/VR company.
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February 24, 2018, 08:23:44 PM
 #46

I think that you did everything right and chose the right coins. Because your budget allows you to make the right choice. I wish you luck in your earnings and fewer bad deals
TeamTT
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February 24, 2018, 09:40:23 PM
 #47

First of all I want to say that browsing through this forum has been extremely helpful for me - somebody who knew next to nothing about cryptocurrencies before a few weeks ago. So many of you have been extremely insightful and I've tried to take in as much as I could! Also, rest assured that I've not chosen to invest my money based on where anyone else told me I should invest. The question I'm asking here is more or less strategic in nature, since there obviously aren't any guarantees in this sector.

So here it is, a bit over $6000 in savings, for the following coins:
2x Ethereum
1000x Cardano
3 x Litecoin
1 x Dash
1 x Monero
500 x Ripple
4 x NEO
100000 x Telcoin
100 x PIVX

My goal/expectation, aside from not losing all my money, is to triple my initial investment over the long term 2-4 years. What do you guys think, realistic? I tried to mix in some high ranked coins with a couple of well-regarded promising ones.

ETH is the most consistent one from the chosen coins... I'd look into investing everything just in ETH. You can divide 3-4 ETH between strong ICO projects though, if you can pass KYC.

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February 24, 2018, 10:37:19 PM
 #48


I think your choices are best but if you need make more money you can buy more Ripple and Neo. I think Ripple and Neo can be valued in long term. Neo will be much more valuable when it is made a decentralized exchange.
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February 25, 2018, 01:06:23 AM
 #49

Your choice is conservative, seems like you are careful with your investment.
Crypto is dynamic so I don't think it is a good idea to invest and forget for 2 to 4 years.
You need to adjust once in a while in case things go wrong
I like XMR, DASH, LTC, PIVX, the other ones are not my favs.
You may need to consider BTS, BTG, STEEM, DCR & GOLOS as well


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February 25, 2018, 01:21:42 AM
 #50

You should consider PRL, MAN both are the most undervalued & very high potential coins in my opinion right now.
SoulEaterRR
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February 25, 2018, 07:22:14 AM
 #51

First of all I want to say that browsing through this forum has been extremely helpful for me - somebody who knew next to nothing about cryptocurrencies before a few weeks ago. So many of you have been extremely insightful and I've tried to take in as much as I could! Also, rest assured that I've not chosen to invest my money based on where anyone else told me I should invest. The question I'm asking here is more or less strategic in nature, since there obviously aren't any guarantees in this sector.

So here it is, a bit over $6000 in savings, for the following coins:
2x Ethereum
1000x Cardano
3 x Litecoin
1 x Dash
1 x Monero
500 x Ripple
4 x NEO
100000 x Telcoin
100 x PIVX

My goal/expectation, aside from not losing all my money, is to triple my initial investment over the long term 2-4 years. What do you guys think, realistic? I tried to mix in some high ranked coins with a couple of well-regarded promising ones.
Take away the Ripple, find a replacement for dash this coin this year in a small stagnation and dilute with coins less than a dollar and everything will be fine. A list of pretty good look in a year that will really be the best.
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February 25, 2018, 07:43:11 AM
 #52

Honestly not bad choices. Everyone is going to have something bad to say about some since your choices are polorizing however I think that gives you more balance which is good.
PG13
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February 25, 2018, 07:48:41 AM
 #53

First of all I want to say that browsing through this forum has been extremely helpful for me - somebody who knew next to nothing about cryptocurrencies before a few weeks ago. So many of you have been extremely insightful and I've tried to take in as much as I could! Also, rest assured that I've not chosen to invest my money based on where anyone else told me I should invest. The question I'm asking here is more or less strategic in nature, since there obviously aren't any guarantees in this sector.

So here it is, a bit over $6000 in savings, for the following coins:
2x Ethereum
1000x Cardano
3 x Litecoin
1 x Dash
1 x Monero
500 x Ripple
4 x NEO
100000 x Telcoin
100 x PIVX

My goal/expectation, aside from not losing all my money, is to triple my initial investment over the long term 2-4 years. What do you guys think, realistic? I tried to mix in some high ranked coins with a couple of well-regarded promising ones.
It seems a good diversified portfolio but I'm not confident with your telcoin, ripple and cardano. I will sell that and buy a bitcoin as this is a good asset considering that bitcoin goes down for today it is a good chance to buy it at cheaper price. 

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February 25, 2018, 08:23:58 AM
 #54

Doing a portfolio now without having BTC in it is really dangerous.

If BTC rally up, you will be rekt .. I did the same mistake when I started, I bought ALT only, biggest mistake I have ever made in crypto.

You always should balance your portfolio with AT LEAST 30% of BTC in it.

Why though? If 30% of my portfolio is BTC, that would amount to just under $2,000. In turn, that amounts to 0.2 BTC. The only way those 0.2 BTC help me triple my initial investment, is if BTC itself grows by 1000%. Some expect it to go to $20,000 this year, others to $50,000, but most simply expected to surpass last year's record. So even if we're optimistic and say BTC will head into 2019 valued at $50,000, that lands me $10,000, and I've given up 30% of my investment for a huge "what if", a 500% increase in valuation that's only happened once in 2017 (part of the 1000% increase when it went from $2000 to nearly $20000 in 7 months). I'm not saying it can't happen, but even if it does, all those other highly ranked altcoins should go up as well.

Am I wrong? Should I really get BTC now when it's going up? If it was $8,000 like earlier this month, I would have definitely done it..

Your logic doesn't make sense, you say you want to triple your initial investment.  That means that Bitcoin has to rise 200% for you to triple it and not 1000% like you state above.  Your 0.2 btc will always be 0.2 btc, that's for sure, but let's say you buy into btc at 8k (and as it didn't break the 12k-ish resistance point a few days ago, it will most likely be heading towards the 8.8k cap again in the coming days) that means that bitcoin has to go to 24k for you to have tripled your 2k to 6k.

On the other hand, if bitcoin goes to 24k, the whole market will be up enormously, and percentage wise  some altcoins by a lot more than bitcoin, you just have to pick the right ones Smiley.  If bitcoin keeps messing arround between 8 and 12k, don't expect miracles from the rest of the market neither, for now it is still linked quite a lot to the price of bitcoin.  Something i do expect to change in the future when their will be more places where you can get altcoins for fiat.

PS, i like your portfolio, a little heavy on the privacy coins perhaps.



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February 25, 2018, 08:34:28 AM
 #55

I think you should remove Dash and add Ark instead since you already have Monero in your portfolio for anon crypto otherwise your portfolio is quite good. Also I didnt see Bitcoin in your list so I wonder if you are investing in Bitcoin or not since you should hodl at least 50% of your crypto investment in Bitcoin for long-term. Personnally, I suggest you to remove PIVX too since it is like Dash fork.

I second that, Privacy coins are good, but Ark has more use cases. OP should also look into decentralized super computing (RLC, GNT, XEL, SONM, etc..) i think the next 5 years for this sector

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February 25, 2018, 09:11:59 AM
 #56

i suggest you drop DASH,MONERO as you only have one of each and this won't get you profit , you could invest in some low marketcap <500m but also good ones that have a potential to hit 5-10x

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February 25, 2018, 09:25:49 AM
 #57

First of all I want to say that browsing through this forum has been extremely helpful for me - somebody who knew next to nothing about cryptocurrencies before a few weeks ago. So many of you have been extremely insightful and I've tried to take in as much as I could! Also, rest assured that I've not chosen to invest my money based on where anyone else told me I should invest. The question I'm asking here is more or less strategic in nature, since there obviously aren't any guarantees in this sector.

So here it is, a bit over $6000 in savings, for the following coins:
2x Ethereum
1000x Cardano
3 x Litecoin
1 x Dash
1 x Monero
500 x Ripple
4 x NEO
100000 x Telcoin
100 x PIVX

My goal/expectation, aside from not losing all my money, is to triple my initial investment over the long term 2-4 years. What do you guys think, realistic? I tried to mix in some high ranked coins with a couple of well-regarded promising ones.
No Bitcoin? I think you need a 10% of your asset in Bitcoin because it the main currency of all exchange so in you wants to buy or catch some altcoin in the dip, will you sell your other altcoin asset to cover it? Make no sense.
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February 25, 2018, 11:29:28 AM
 #58

First of all I want to say that browsing through this forum has been extremely helpful for me - somebody who knew next to nothing about cryptocurrencies before a few weeks ago. So many of you have been extremely insightful and I've tried to take in as much as I could! Also, rest assured that I've not chosen to invest my money based on where anyone else told me I should invest. The question I'm asking here is more or less strategic in nature, since there obviously aren't any guarantees in this sector.

So here it is, a bit over $6000 in savings, for the following coins:
2x Ethereum
1000x Cardano
3 x Litecoin
1 x Dash
1 x Monero
500 x Ripple
4 x NEO
100000 x Telcoin
100 x PIVX

My goal/expectation, aside from not losing all my money, is to triple my initial investment over the long term 2-4 years. What do you guys think, realistic? I tried to mix in some high ranked coins with a couple of well-regarded promising ones.

This is brilliant idea. Those coins are good coins and has the potential for your long term 2-4 years of investments. But if i were to choose among this coins, better have priority in Litecoin and Bitcoin. Although that coins are all good, but the more potential in this Bitcoin and Litecoin. Good luck pal!

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February 25, 2018, 11:37:43 AM
 #59

In my opinion, it is better to make your own research and trust your guts.

Monero is a safe choice.

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
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February 25, 2018, 01:08:08 PM
 #60

First of all I want to say that browsing through this forum has been extremely helpful for me - somebody who knew next to nothing about cryptocurrencies before a few weeks ago. So many of you have been extremely insightful and I've tried to take in as much as I could! Also, rest assured that I've not chosen to invest my money based on where anyone else told me I should invest. The question I'm asking here is more or less strategic in nature, since there obviously aren't any guarantees in this sector.

So here it is, a bit over $6000 in savings, for the following coins:
2x Ethereum
1000x Cardano
3 x Litecoin
1 x Dash
1 x Monero
500 x Ripple
4 x NEO
100000 x Telcoin
100 x PIVX

My goal/expectation, aside from not losing all my money, is to triple my initial investment over the long term 2-4 years. What do you guys think, realistic? I tried to mix in some high ranked coins with a couple of well-regarded promising ones.

i did invest +- 5k dollar in crypto .
i should choose for Prl , digibyte , elixir , deeponion and a low amount of siacoin

i should not buy 1 amount of a coin . if you want to make a huge profit you must buy a huge amount.
if you choose a low marketcap the profit x that you can make if higher
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