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Author Topic: Build yourself a solid portfolio with good projects  (Read 2218 times)
jessyj48 (OP)
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July 18, 2019, 02:47:50 PM
 #1

A good crypto project is enough to change one's life so why not take the chances?all i keep doing is making sure i get a share hold of very good coins or tokens with real use case and yes i did have many coins but i believe that a good crypto project is all we need. Am I doing the right thing?

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wywoc
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July 18, 2019, 04:52:52 PM
 #2

A good crypto project is enough to change one's life so why not take the chances?all i keep doing is making sure i get a share hold of very good coins or tokens with real use case and yes i did have many coins but i believe that a good crypto project is all we need. Am I doing the right thing?
You did it right but it was only a part. The most important thing in this market is the market condition, uptrend or downtrend. If a project is solid, in a market downtrend will still face many difficulties, and you will still lose your investment. So choosing the investment time is still the most important.
rosezionjohn
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July 18, 2019, 05:20:06 PM
 #3

Accumulating good coins or tokens with real use case is easier said than done. Which altcoins are you accumulating? Many suggests that those in the top 10 are good for building a solid portfolio. As for me, I allocate some for alts outside the top 100, I know it is more risky but if I get it right, it will be very rewarding.
Airelves09
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July 18, 2019, 05:29:58 PM
 #4

You did it right. Do your own portfolio. It is very reasonable and necessary to manage one's own investment in this way. I've done a lot of altcoins portfolios at the moment. Hope for good luck in the future.

MikeyVeez
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July 18, 2019, 05:41:01 PM
 #5

I read a book Cashflow Quadrant from Robert Kiyosaki and he said that diversification is good for investors that do not know much about what they are investing. It seems like you should choose only 1 cryptocurrency that you understand, follow it and invest into it.

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baigreen
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July 18, 2019, 05:43:42 PM
 #6

I do not think that this is too fast a way to change everything in life is like a lottery. You either change your life or lose your money. So with the cryptocurrency must be treated wisely. I do not believe that today is possible.
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July 18, 2019, 05:48:35 PM
 #7

Yes and no.
The good thing you are doing is that you are taking the time to choose good projects with real use cases.
The thing that can work against you is you are spreading yourself too thin.

Take some time to do the math.
Let's say you invest $100 in a coin that costs .10 cents. That means you have 1000 of the coin
Lets say that coin goes to the moon with insane growth and grows 1000% in value to be worth $1000 each.
That means that you were able to turn $100 into $10,000!
That is an absolutely fantastic investment.

But, is $10,000 really all that game changing? Can you retire?
Can you even buy a brand new car with that?
So it is better to put more money in just 3 to 5 coins for maximum returns instead of spreading small amounts over a bunch of different coins.

Galley
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July 18, 2019, 05:50:27 PM
 #8

Everyone decides for himself what to give preference when creating his own portfolio. Choose coins from the TOP 20 or pick something from those that are far beyond 100, based on your own considerations. Choosing coins in the first case, I was guided by any analytics, but nothing good came of it. Now I decided to make a bet on the still not very popular coins. See what happens.
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July 18, 2019, 06:26:11 PM
 #9

In the coming future, no coin without real life usage will be lived. People will get used to with the usable currency in everyday life. As a result other than the shot coin which don't have usage, will exist only.
I think your decision is correct, however, you must consider the possible risk because your invested projects may develop with another and people will be fussing that.

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CLywaTeLb
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July 18, 2019, 06:39:36 PM
 #10

Yes and no.
The good thing you are doing is that you are taking the time to choose good projects with real use cases.
The thing that can work against you is you are spreading yourself too thin.

Take some time to do the math.
Let's say you invest $100 in a coin that costs .10 cents. That means you have 1000 of the coin
Lets say that coin goes to the moon with insane growth and grows 1000% in value to be worth $1000 each.
That means that you were able to turn $100 into $10,000!
That is an absolutely fantastic investment.

But, is $10,000 really all that game changing? Can you retire?
Can you even buy a brand new car with that?
So it is better to put more money in just 3 to 5 coins for maximum returns instead of spreading small amounts over a bunch of different coins.
I'm confused in your math.
1000% is an increase of 10 times. 0.1 * 10 = 1 $ each. 100 * 10 = 1000 total. Where did the 10K come from?
I leave this mess. Wink

Buy 3-5 coins or 30-50 - this is the choice of the investor. Diversification can be small or large. With a little diversification, you have a big risk, but also a lot of potential. This is an aggressive investment. But some prefer a conservative approach to investing.

Cryptrx
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July 18, 2019, 06:39:42 PM
 #11

The problem is not the lack of solid projects to invest in but the lack of funds. Also, many are still far from recovering their last year loss so investing fresh money into crypto becomes difficult.

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Sourhearrt
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July 18, 2019, 07:23:21 PM
 #12

The best time to always buy and hold coins and tokens is in bear market so even if price falls after bullrun your wallet won't be too hurt

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jossiel
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July 18, 2019, 07:54:12 PM
 #13

But that chance is getting lower and lower as day passes by. Most of the projects doesn't have value anymore, they are for the money and no usecase that's why many investors stopped supporting them. Sure it's like a gamble that can change your life but today it's different.

The 2017 has been like that but we can't go back to that date anymore, it's real and different these days. What's the right thing? buy bitcoin and hold it while you are also waiting for the pump of your tokens.

teddyelwyn
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July 18, 2019, 08:36:07 PM
 #14

I agree. You need to look to projects that are helping build out the ecosystem and are progressing mass adoption. I've been really into unstoppable domains for their contributions of having an easy domain attached to a persons wallet. Also Nuls for their ChainBox approach to setting up blockchains (no language necessary)
dataispower
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July 18, 2019, 09:04:54 PM
 #15

Doing proper research consistently to discover new great crypto coins especially with low market cap will benefit you greatly, since one of your holdings can give you great profit over time. But this is not the case all the time, since some coins you neglect might skyrocket in price even without great project development, now luck comes into play.
kingpin4321
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July 18, 2019, 09:23:15 PM
 #16

It easier to pass a camel through the eyes of a needle than finding a good initial coin offering projects this days so they main issue/problem is no getting your wallet filled with good project but the deal is finding the so called good project. Am guessing the devil we know is better than the angel we don't for now am good with high level altcoin and some few amount of bitcoin
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July 18, 2019, 09:47:26 PM
 #17

A good crypto project is enough to change one's life so why not take the chances?all i keep doing is making sure i get a share hold of very good coins or tokens with real use case and yes i did have many coins but i believe that a good crypto project is all we need. Am I doing the right thing?

Building your portofolio is good
But no one can ascertain that it’s good projects.

We have seen good projects
Lots of it vanish after a good starting price

From elf to cyclean amongst others

Just dyor, get your profit at the right time and move on 
rdewilde
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July 18, 2019, 09:49:18 PM
 #18

You did the right thing and that's good you took such step as most finds it hard to do, use case is the way to go now in this space. Also, another step you should take is towards ensuring you keep close eye on your holdings, make sure you follow the news about those projects to be aware if there is any platform upgrade like swapping and the rest. Goodluck.

fortunecrypto
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July 18, 2019, 10:18:47 PM
 #19

A good crypto project is enough to change one's life so why not take the chances?all i keep doing is making sure i get a share hold of very good coins or tokens with real use case and yes i did have many coins but i believe that a good crypto project is all we need. Am I doing the right thing?

I hope we can hit 100% of good coins in our portfolios but it's hard for this to happen because there will always good coins and bad coins, some coins will have a good chance to develop and get a good price in the market, and some will not, it's just important that we have more good coins than bad one.

Eildosa
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July 18, 2019, 10:26:29 PM
 #20

Yes, this strategy looks very good. But you have to work hard to collect really valuable coins. You need to do very thorough research. But it's definitely worth it. This is how you invest in your good future.

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