Bitcoin Forum
April 30, 2024, 04:29:06 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Cryptocurrency Portfolio Strategy for Beginners: 100% Simple, Safe and Effective  (Read 288 times)
marycrazy08 (OP)
Jr. Member
*
Offline Offline

Activity: 83
Merit: 1

Peace and love


View Profile
May 14, 2019, 01:02:01 AM
Last edit: May 14, 2019, 02:19:55 AM by marycrazy08
 #1

FYI, this is not a financial advice. This is solely my opinion. I hope it can give you a good insights.

This strategy requires a little work. Let's assume you have $1000 as a capital.

You invest 50% of your capital in Bitcoin, in this case it's $500. Why Bitcoin? Because Bitcoin can evolve into a credible alternative to gold as a store of value. Bitcoin is also scarce. In order for something to be valuable, let alone be a good form of money, it needs to be scarce. Bitcoin total supply will only be 21 million in total, nothing more. Bitcoin also the Godfather of all crypto, its market capitalization and dominance is number 1. It's been here for 10 years.

You invest 25% of your capital in EOS. Yes, EOS. I am not shilling EOS, FYI. A lot of people doesnt know what power behind EOS, a lot of people think that it is just an ordinary blockchain like others. But what they dont know is that, EOS is the largest blockchains in dapp ecosystem, check dappradar.com for your reference. For me, i think of it as a usecase. Developers are building dapps under EOS. This is huge, to be honest. What's the use of blockchain if nobody is using it right? It's number 5 in market capitalization, so it is safe as well, more stable and proven.

You invest 25% of your capital in BNB. Yes, Binance Coin. Because it has strong fundamental developments surrounding Binance. Yeah they got hacked lately but Binance Coin remains strong, price as of writing still at $23.  Why BNB? Because of their strong fundamental developments, they launched Binance Chain, they said it will not compete against Ethereum but who knows right? I believe soon they will launch their smart contracts, which will be direct competitor of Ethereum. Binance chain is more faster than Etherum. I believe Binance Chain will be the next Ethereum so i think BNB will go higher. Plus, they are doing a quarterly coin burn which makes BNB scarce moving forward.

Summary:
$1000 investment
$500 BTC
$250 EOS
$250 BNB

Advantage: You only bet on crypto that has solid fundamental usecase and potential.

Disadvantage: The more stable the market, the lower the profits. However, their potential might be higher. Patience is a virtue. Good things happen to people who wait.


-marycrazy08
If you could share me some Merit, would be much appreciated, i will be more inspire and do research to share here in our community Cheesy
1714494546
Hero Member
*
Offline Offline

Posts: 1714494546

View Profile Personal Message (Offline)

Ignore
1714494546
Reply with quote  #2

1714494546
Report to moderator
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
BossMacko
Hero Member
*****
Offline Offline

Activity: 1134
Merit: 502



View Profile
May 14, 2019, 01:52:15 AM
 #2

You explained it well very interesting that makes me feel i want to invest on BNB and EOS.

I already have Bitcoin so i just need to hold EOS and BNB.







Ailmand
Hero Member
*****
Offline Offline

Activity: 1274
Merit: 519


Coindragon.com 30% Cash Back


View Profile
May 14, 2019, 02:03:55 AM
 #3

I disagree with no knowledge required, if you are to invest in crypto you should still have knowledge on hoe cryptocurrency works. If you are only going to invest qithout any knowledge about crypto  you will just surely lose your money. Imagine a newbie who doesn't even know how the market works, how to trade, how to secure their money, when to sell and buy again, and a lot more.

marycrazy08 (OP)
Jr. Member
*
Offline Offline

Activity: 83
Merit: 1

Peace and love


View Profile
May 14, 2019, 02:08:07 AM
 #4

I disagree with no knowledge required, if you are to invest in crypto you should still have knowledge on hoe cryptocurrency works. If you are only going to invest qithout any knowledge about crypto  you will just surely lose your money. Imagine a newbie who doesn't even know how the market works, how to trade, how to secure their money, when to sell and buy again, and a lot more.

Hi Sir, just to clarify, i am not saying no need for knowledge to invest in crypto, what i mean is that, this strategy i laid out, you dont need to worry on knowledge in implementing it. With regards to your point in having knowledge in investing to crypto, i 100% agree on it. You laid it out perfectly sir, thank you for your input.

p.s. I removed the "no knowledge" in my post to make it more clear Smiley
marycrazy08 (OP)
Jr. Member
*
Offline Offline

Activity: 83
Merit: 1

Peace and love


View Profile
May 14, 2019, 02:09:37 AM
 #5

You explained it well very interesting that makes me feel i want to invest on BNB and EOS.

I already have Bitcoin so i just need to hold EOS and BNB.


I love to share my insights sir. Hope it can help people. Smiley
Jan_Vl
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
May 14, 2019, 02:30:31 AM
 #6

I have almost the same portfolio, but instead of BNB I have ADA
Innerpumper
Member
**
Offline Offline

Activity: 1021
Merit: 12


View Profile WWW
May 14, 2019, 02:35:07 AM
 #7

Right, this is the best strategy to profit from trading, and it is the best fund management strategy to avoid big losses.

▀█████▄▀██▄▀█▄          H   E   L   E   N   A          ▀▄▀             501,652% APY             ▄█▀▄██▀▄█████▀
▀██▄                  |        TWITTER        |      TELEGRAM      |        DISCORD        |                  ▄██▀
▀█▄        The Best in Space Auto-Compounding DeFi 3.0 Protocol on BSC        ▄█▀
marycrazy08 (OP)
Jr. Member
*
Offline Offline

Activity: 83
Merit: 1

Peace and love


View Profile
May 14, 2019, 02:44:00 AM
 #8

Right, this is the best strategy to profit from trading, and it is the best fund management strategy to avoid big losses.

Thanks for noticing it sir, i would love to share more insights and research more. Will share more here in our community forum. Cheesy
CryptoBry
Sr. Member
****
Offline Offline

Activity: 1008
Merit: 355



View Profile
May 14, 2019, 03:00:31 AM
 #9



I find the three -- Bitcoin, EOS and BNB -- to be very safe when it comes to cryptocurrency investing. I am sure that if anyone will be following this strategy the chance for good profits is quite enhanced. Newbies are advised not to go with new projects as the risks can be quite so high. Of course, we have to understand that there is nothing guaranteed here...any investor should always do his own due diligence before deciding on what to invest with and this is true whether you are in crypto, forex or even in real estate.
pooya87
Legendary
*
Offline Offline

Activity: 3430
Merit: 10517



View Profile
May 14, 2019, 03:07:12 AM
 #10

a terrible idea specifically due to the last option.

generally speaking investing in things that go down whenever bitcoin price goes up or down is a bad idea and you can never call that a "portfolio" because they are linked all to bitcoin. and when you buy a coin that has an enormous supply (~1 billion) you can be sure that in long run the only direction for it is down.

as for your last option, it is terrible because it is centralized and worst of all the centralization is on an exchange and we all know exchanges all have an expiration date. so when that date comes the price of the coin you were bag holding tanks hard. we have already see the Binance hack and how that affected the market. not to mention the fact that it is a 100% premined coin.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
marycrazy08 (OP)
Jr. Member
*
Offline Offline

Activity: 83
Merit: 1

Peace and love


View Profile
May 14, 2019, 03:20:50 AM
 #11

a terrible idea specifically due to the last option.

generally speaking investing in things that go down whenever bitcoin price goes up or down is a bad idea and you can never call that a "portfolio" because they are linked all to bitcoin. and when you buy a coin that has an enormous supply (~1 billion) you can be sure that in long run the only direction for it is down.

as for your last option, it is terrible because it is centralized and worst of all the centralization is on an exchange and we all know exchanges all have an expiration date. so when that date comes the price of the coin you were bag holding tanks hard. we have already see the Binance hack and how that affected the market. not to mention the fact that it is a 100% premined coin.

"when you buy a coin that has an enormous supply (~1 billion) you can be sure that in long run the only direction for it is down." So you are just basing on supply then sir? I am pointing their usecase, i prefer usecase than supply. You can rant whatever you want but usecase gives more value than supply. EOS has 1B supply but developers are building dapps on top of EOS compared to other blochchains. Wanna know more? Go to dappradar.com sir

"as for your last option, it is terrible because it is centralized and worst of all the centralization is on an exchange and we all know exchanges all have an expiration date." Terrible? Can you explain to me how is BNB performance over the last 2-3 months? Is that because of just pump and dump? Or it is because of fundamental progress?

"we have already see the Binance hack and how that affected the market. not to mention the fact that it is a 100% premined coin." Oh yeah, they got hacked and affected the market. Seriously? Have you seen BNB performance after hack? What is the price of BNB now? $23-$24? Hows this for a hack result? LoL, if you are pertaining to overall market result, yeah market blew out, BTC now at almost $8000, total market cap is now $234B

Is that all you can argue sir? come on sir, you can do better than that sir. Have a nice day.
pooya87
Legendary
*
Offline Offline

Activity: 3430
Merit: 10517



View Profile
May 14, 2019, 03:35:04 AM
 #12

~
"when you buy a coin that has an enormous supply (~1 billion) you can be sure that in long run the only direction for it is down." So you are just basing on supply then sir? I am pointing their usecase, i prefer usecase than supply. You can rant whatever you want but usecase gives more value than supply. EOS has 1B supply but developers are building dapps on top of EOS compared to other blochchains. Wanna know more? Go to dappradar.com sir
if you don't like to see other people's opinion and call it rant then don't post on a forum. as for the supply it is not supply alone, it is the demand that comes with it. no matter how much "usecase" you think EOS has and how much they build DAPPs they are still one in a dozen that are doing the same thing. not to mention that DAPPs don't really have that much real use cases in real world to begin with.

Quote
"as for your last option, it is terrible because it is centralized and worst of all the centralization is on an exchange and we all know exchanges all have an expiration date." Terrible? Can you explain to me how is BNB performance over the last 2-3 months? Is that because of just pump and dump? Or it is because of fundamental progress?
centralization is bad no matter how well the token performs. it still can fail in an instant if when they go the same route that MtGox, Cryptsy, and dozens of other big number 1 exchanges went before them.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
marycrazy08 (OP)
Jr. Member
*
Offline Offline

Activity: 83
Merit: 1

Peace and love


View Profile
May 14, 2019, 03:59:45 AM
 #13

~
"when you buy a coin that has an enormous supply (~1 billion) you can be sure that in long run the only direction for it is down." So you are just basing on supply then sir? I am pointing their usecase, i prefer usecase than supply. You can rant whatever you want but usecase gives more value than supply. EOS has 1B supply but developers are building dapps on top of EOS compared to other blochchains. Wanna know more? Go to dappradar.com sir
if you don't like to see other people's opinion and call it rant then don't post on a forum. as for the supply it is not supply alone, it is the demand that comes with it. no matter how much "usecase" you think EOS has and how much they build DAPPs they are still one in a dozen that are doing the same thing. not to mention that DAPPs don't really have that much real use cases in real world to begin with.

Quote
"as for your last option, it is terrible because it is centralized and worst of all the centralization is on an exchange and we all know exchanges all have an expiration date." Terrible? Can you explain to me how is BNB performance over the last 2-3 months? Is that because of just pump and dump? Or it is because of fundamental progress?
centralization is bad no matter how well the token performs. it still can fail in an instant if when they go the same route that MtGox, Cryptsy, and dozens of other big number 1 exchanges went before them.

No sir, i like your opinion, that is why i am trying to argue, dont think that i am just arguing out of nothing, i know if we argue on some things, we will learn more on it.

no matter how much "usecase" you think EOS has and how much they build DAPPs they are still one in a dozen that are doing the same thing. not to mention that DAPPs don't really have that much real use cases in real world to begin with. Yeah, dozens are doing the same thing but they are the number 1 on it. DAPPs dont really have much use case in crypto? Seriously sir? Wow, big words for a crypto investor like you sir (i assumed).

How can you say that the DAPPs doesnt have much usecase in crypto? THEY ARE THE FUTURE OF CRYPTO. That is what Blockchain is solving right??? Solving centralization? That is why companies are building blockchain technologies, so that people can build DAPPS for our daily lives. Decentralized banking system, decentralized Uber, decentralized Airbnb and etc., these are potential DAPPS in the future. How can you say DAPPS doesnt have usecase?
Mike Mayor
Hero Member
*****
Offline Offline

Activity: 966
Merit: 535


View Profile
May 19, 2019, 10:08:01 PM
 #14

I appreciate the effort you put in your post. I don't think that profile is diverse enough. You should add doge and eth and 2 or 3 more main currencies for the spread. Then keep 20% of other altcoins. Small very risky investments in upcoming coins/tokens.

Why don't you have Eth anyway? What is your reasoning for not including it. With this portfolio strategy do you plan to go for fiat to crypto to fiat again and vice versa in order to build crypto reserves?
For example, you sold your crypto last time it was at 6k bought at 4k now it is at 8k again. You could use usd tether coin I guess.

alina345
Jr. Member
*
Offline Offline

Activity: 119
Merit: 6

Hello =)


View Profile WWW
May 20, 2019, 12:16:39 AM
 #15

For a crypto asset portfolio, I would focus on a few select coins such as:

  • Bitcoin
  • Litecoin
  • Ripple
  • Stellar Lumens
  • NEO
avikz
Legendary
*
Offline Offline

Activity: 3066
Merit: 1499



View Profile
May 20, 2019, 02:36:33 AM
 #16

@OP, I really liked the way you have emphasized on fundamentals of the coins you had suggested! A lot of people tend to overlook this important parameter for various reasons! A lot of people only look at the pricing when it comes to short term profit. However, investment is about long term commitment which actually goes a long way, includes downside and upside both. The stronger you hold the ground, the bigger you gain!

I sincerely hope that people will think about this parameter while investing in cryptos and not only the pricing!

iMark
Sr. Member
****
Offline Offline

Activity: 1162
Merit: 251


View Profile
May 21, 2019, 12:52:08 PM
 #17

I disagree with no knowledge required, if you are to invest in crypto you should still have knowledge on hoe cryptocurrency works. If you are only going to invest qithout any knowledge about crypto  you will just surely lose your money. Imagine a newbie who doesn't even know how the market works, how to trade, how to secure their money, when to sell and buy again, and a lot more.
I don't expect an investor to live only from someone else's advice. Yeah knowledge is important, so you can have other options choice than advice from other investors. so for beginners you have to keep learning and not depend on someone advice.

You explained it well very interesting that makes me feel i want to invest on BNB and EOS.

I already have Bitcoin so i just need to hold EOS and BNB.

By the way, I have bought EOS also, but not for BNB for some reason. I replace it with XRP which I think is more potential and profitable, and more cheap Smiley

Beerwizzard
Full Member
***
Offline Offline

Activity: 924
Merit: 148



View Profile
May 21, 2019, 01:39:51 PM
 #18

Cryptocurrencies can't be safe by default. So buying any kind of altcoins is only increasing the risk. And if you truely believe that some shitcoin like BNB would become the next ETH (no matter if it is faster or not) then it will surely be the same situation as with the other "bitcoin killers".
@OP, I really liked the way you have emphasized on fundamentals of the coins you had suggested! A lot of people tend to overlook this important parameter for various reasons! A lot of people only look at the pricing when it comes to short term profit. However, investment is about long term commitment which actually goes a long way, includes downside and upside both. The stronger you hold the ground, the bigger you gain!
He didn't show any reasoneble fundamental reason to invest in those alts. Every shitcoin have better described fundamentals in its whitepaper.
I agree about long term investments but it is far not always related to crypto. Many shitcoins that were popular back in 2017 are dead now. Seems like this long run was not on their side.
b3llsf1l3s
Member
**
Offline Offline

Activity: 616
Merit: 12

Send&Receive Money Instantly, w/ no hidden costs


View Profile WWW
May 21, 2019, 02:56:32 PM
 #19

FYI, this is not a financial advice. This is solely my opinion. I hope it can give you a good insights.

Summary:
$1000 investment
$500 BTC
$250 EOS
$250 BNB

Advantage: You only bet on crypto that has solid fundamental usecase and potential.

Disadvantage: The more stable the market, the lower the profits. However, their potential might be higher. Patience is a virtue. Good things happen to people who wait.

-marycrazy08
If you could share me some Merit, would be much appreciated, i will be more inspire and do research to share here in our community Cheesy

I prefer to allocate funds:
700 $ BTC
150 $ ETH
150 $ BNB

why ETH and BNB, because so far the two coins often experience an uptrend, of course this is also very good to be short especially long. We maybe know ETH is about to stuck from recover the price and BNB is better for right now, yup and that's not wrong, in this state, i pick ETH for longterm because its still has a good chance for longterm than EOS.

niisarearning
Sr. Member
****
Offline Offline

Activity: 910
Merit: 252


View Profile
May 22, 2019, 09:14:28 AM
 #20

FYI, this is not a financial advice. This is solely my opinion. I hope it can give you a good insights.

This strategy requires a little work. Let's assume you have $1000 as a capital.

You invest 50% of your capital in Bitcoin, in this case it's $500. Why Bitcoin? Because Bitcoin can evolve into a credible alternative to gold as a store of value. Bitcoin is also scarce. In order for something to be valuable, let alone be a good form of money, it needs to be scarce. Bitcoin total supply will only be 21 million in total, nothing more. Bitcoin also the Godfather of all crypto, its market capitalization and dominance is number 1. It's been here for 10 years.

You invest 25% of your capital in EOS. Yes, EOS. I am not shilling EOS, FYI. A lot of people doesnt know what power behind EOS, a lot of people think that it is just an ordinary blockchain like others. But what they dont know is that, EOS is the largest blockchains in dapp ecosystem, check dappradar.com for your reference. For me, i think of it as a usecase. Developers are building dapps under EOS. This is huge, to be honest. What's the use of blockchain if nobody is using it right? It's number 5 in market capitalization, so it is safe as well, more stable and proven.

You invest 25% of your capital in BNB. Yes, Binance Coin. Because it has strong fundamental developments surrounding Binance. Yeah they got hacked lately but Binance Coin remains strong, price as of writing still at $23.  Why BNB? Because of their strong fundamental developments, they launched Binance Chain, they said it will not compete against Ethereum but who knows right? I believe soon they will launch their smart contracts, which will be direct competitor of Ethereum. Binance chain is more faster than Etherum. I believe Binance Chain will be the next Ethereum so i think BNB will go higher. Plus, they are doing a quarterly coin burn which makes BNB scarce moving forward.

Summary:

$1000 investment
$500 BTC
$250 EOS
$250 BNB

Advantage: You only bet on crypto that has solid fundamental usecase and potential.

Disadvantage: The more stable the market, the lower the profits. However, their potential might be higher. Patience is a virtue. Good things happen to people who wait.


-marycrazy08
If you could share me some Merit, would be much appreciated, i will be more inspire and do research to share here in our community Cheesy

I sold some of the BNB when Binanace hacke by thinking its price will decrease or crash so can pick from bottom but its never happened instead its price increased 50% more . I think even you can divert your investment for some more Coins Like IOST , ADA instead of BNB completely you can invest on KCS.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!