Altcoin Investing

[richstan69]

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

[TheUltraElite]

1.Only invest 1% of portfolio

No problem there. Depending on where you divide the rest of the 99% into makes the balance. Suggest you to keep some in bitcoin and the rest into fiat market investments and precious metals.

2.Take out initial stake after 3x gain

WOW, slow down there mate. 3x gains are not that common in everyday altcoin trading. It can happen but you need to have that level of patience and determination to hold that coin till such gains are reached. Now it becomes difficult to predict altcoins as time passes because we all have seen most altcoin projects die out.

3.What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

You are not wrong here. Altcoins mostly dump after pumps and these are inorganic ones completely. Hence you need to time yourself for a sell and then never look back. In that sense 100% selling is what seems appropriate. This goes with what I said above.

Bottom line is that altcoin trading is associated with a vicious cycle of anxiety and depression if you buy at the wrong price and get stuck there. So be careful and remember that no altcoin is going to be second to bitcoin. If you want to be rich, buy bitcoin when its price lowers.

[virasisog]

I read updates and news in different platforms and see if there an upcoming event before investing. I usually invest atleast 10% of my fund and take my profits when I hit at least 20% profit. There are some instances where I had to hofl longer and the outcome is great I was able to buy Theta and had been holding it for almost a month now and I am almost 150℅ up in my investment. There will always be good and bad trades, I depend on the news and join the hype, if a token is over sold I stay away from it.

[Scripture]

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

Invest the money you can afford to lose and honestly, 1% of your total portfolio to be invested on altcoins is not enough to make good profit so I suggest to increase it at least 10% - 25% of your total portfolio since holding much of Bitcoin is also risky, your portfolio must be well diversified.

Its ok to take initial profit, this is your strategy and you have to commit on that one. If you're not contented yet then you can play long or sell everything so you can use it to buy another altcoins. Don't think about the bubbles, this is not true and only create FUD in the market.

[TastyChillySauce00]

The thing with investing is the more you want to invest the more profit you get so I don't think 1% is sufficient but 1%  could be anything. Taking out initial investment after getting 3x gain is good but when it comes to coin that has the chance to multiply your initial investment into that much return of investment, that coin also has the chance to make your initial investment gone or in other words highly risky so you don't want to put all your money into the coin you believe gonna make it big. Try to diversify your portfolio I guess but everyone always recommend compounding to speed up growing your asset.   

[Pom_bensin]

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

1% investment but into many potential coins. This is very good for making profit, because what we know is that to get a profit we need a strong altcoin in the market, this is useful for avoiding price dumps and maintaining profit stability

[LogitechMouse]

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

When I'm still newbie in trading, that is my mindset too .

The first one, that is the ideal percentage that you must invest if you are just starting in trading or investing.
The second one?? The idea that you are thinking isn't as easy as what you think. One thing more is that not all of your trades will not guarantee you a 3x gain. As a newbie, 3x gain even though you are just investing 1% is still hard to do unless you are an expert trader/investor.
The third one?? When a bubble bursts, it will really lose that much amount like you said so basically what you are saying is true. In terms of taking profit, its your decision. As long as you are ok with the profits then just sell it completely.

Overall, 3x gain is achievable but in your current situation it will be hard. How can you achieve it if you are asking here. An expert one will just do it and will not ask here things like that .

[cabron]

It could be good to invest more than 1%, some are even pouring more than 50% of their money into altcoins especially when there is a bull run. They will however analyze an altcoin is of fair value before buying.

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

Invest the money you can afford to lose and honestly, 1% of your total portfolio to be invested on altcoins is not enough to make good profit so I suggest to increase it at least 10% - 25% of your total portfolio since holding much of Bitcoin is also risky, your portfolio must be well diversified.

Its ok to take initial profit, this is your strategy and you have to commit on that one. If you're not contented yet then you can play long or sell everything so you can use it to buy another altcoins. Don't think about the bubbles, this is not true and only create FUD in the market.

More investors are trying to buy altcoins today than BTC. It could be because they find BTC over price and that having an altcoin is an option to go. I wouldn't be diving into altcoin with just 1% if I just have a short-term plan because its just not worth holding unless the coin is POS and has the trustworthiness like ETH.

[Sterbens]

for me investing in altcoins is only a daily support while waiting for bitcoin to continue to the top. so in addition to filling in the blanks, altcoins can always provide additional portfolios. but what needs to be considered in trading in altcoins we need to look carefully at the potential trends that are currently busy, and analyze them in the market. not necessarily buying altcoins, because with the scattered numbers we often fall for the spread of unclear FUD.

[blockman]

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

1. That's a good test if you want to put only 1% of altcoin in your portfolio and that would be 99% for bitcoin, right?
2. You can take it out whether 2x, 1.5x or any amount as long as you're in profit.
3. There's no way to determine when that "bubble" will burst. You need to think that the market is completely volatile and there's no season as it moves positive and negative from time to time.

[Jackl87]

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

1. do you mean 1% of your total portfolio including estate, fiat and so on? then yes 1% seems ok, if you are talking about 1% of your crypto portfolio than it seems wrong.
2. that depends on you. i mean x3 is already great but you could be also really mad when you sell at x3 and the coin does another 10x from that point on, so it's hard to give a recommendation there
3. i don't think we have a altcoin bubble at the moment, btc dominance is still above 60 %

[bonyaserg]

Personally, I invest in altcoins whenever possible, when funds are available. And as soon as the profit is received, it can be confidently withdrawn. So investing in cryptocurrency will become commonplace for everyone. The cryptoindustry has taken root in our lives for a long time. And now the cryptoindustry will only develop and move into the future over time. I believe that this bubble will never burst, but will only develop and give people more opportunities for development.

[crwth]

It's what I read recently. 1% could be any cryptocurrency. It's either you are saved from the magic printing effect of FIAT, and your one percent could make you more money, or you end up losing that 1% and still have that Fiat investment in your portfolio. I doubt it will happen sooner or later, but the inflation problem is real. It's best to diversify your portfolio everywhere, with the proper allocation.

I like the idea of having a 300% increase and just taking it out and making sure to lock in that profit. It's a great approach. I think the best thing to see on this is that it's still a win, whether it's small or not. The important thing about it is still not losing money.

Selling out completely would be understandable if you know when to take it out. Unfortunately, no one can predict that 100%.

[Yaunfitda]

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio

I'm not really sure though, maybe you need to increase at least 20%, personally, I'm 40/60. 40% on altcoins and 60% bitcoin.

2.   Take out initial stake after 3x gain

Yeah, good strategy, and then reinvest on others, rinse and repeat

3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

That's why you really need to monitor those altcoins that you are going to invest. Altcoin investing is much riskier that's why you really need to focus on it. For example, follow their official social media accounts and see how it is doing.

[bluebit25]

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

Do not be too important the theories, but apply more into practice. Still the advice that I send to people around, if you want to earn a few thousand dollars in this market, you should also know how to accept losing that few thousand dollars. But this moment of opportunity is clear, and it is for all, so if you know the year you catch, you should completely reap the above theory. Buy whatever you think will increase the wait and make a profit, I believe it will happen very quickly, maybe a few weeks or months

[Javi_Anibarro]

1.   Only invest 1% of portfolio

1. The ratio of your portfolio depends on how capable you are of holding it when everything goes wrong. Always put a mindset that you can afford to lose it all since altcoin market is volatile and unstable.

2.   Take out initial stake after 3x gain

2. When the market looks extremely bullish, everything can work. Usually, I always take my initial investment after 0,5~2x gain(Do not be greedy is my principle).

3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

3. When I think the bullish market is about to come to an end, I will sell it all completely. It is because when the bubble burst, everything will go down at least as low as 80%. I learned it from the past bull run.

Those all are my opinion based on my experience, do not take it as financial advice. Always do your own work and learn from other people's mistakes.

[Teraboy]

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

People have their own decision to determine how much money that will be worthed to be used as investment into the legit coins.
I have been putting 30% of my total portfolios to dego when it was less than $1 and i got very big return now.

If that is still having a lot of potential to go to the moon at least 50x and why not? The flow investors got more than 300x ROI, The investors of alice also did a very good job by getting more than 150x ROI

Sell some coins as your reserved funds when it reached the peak price and keep the rest.

[DarkDays]

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

Invest the money you can afford to lose and honestly, 1% of your total portfolio to be invested on altcoins is not enough to make good profit so I suggest to increase it at least 10% - 25% of your total portfolio since holding much of Bitcoin is also risky, your portfolio must be well diversified.

I agree. 1% allows you to work with very small gains, it is almost as if you're too fixated on losses in which case risking as much as you can afford will save you.

Its ok to take initial profit, this is your strategy and you have to commit on that one. If you're not contented yet then you can play long or sell everything so you can use it to buy another altcoins. Don't think about the bubbles, this is not true and only create FUD in the market.

There are always bubbles bursting all around the market, you just need to avoid these by picking the best projects around. investing with fear will not be good so try to eliminate that and stick by the golden rule ' don't invest what you can't afford to lose' and you'll be good no matter what.

[isaac_clarke22]

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

Just don't forget to put something to Bitcoin, as it is connected with the number three.
Most alts just lose their value when Bitcoin dumps and plummets so bad, just to be safe of course.
You're not hearing/reading it wrong in number 3, OP.

[kaya11]

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

It's too low for altcoin investing, 5 percent is a good risk and if it will hit the target of 200x percent gain is a good  time to sell. Too much diversified portfolio confuses me, If I were to invest in alts I would pick for only 5 to six of them. It will give me head aches following more than that. I only invest my money for now on eth and Btc because It's almost true that you might probably lose your money when the alt you invest burst, especially it is a new coin.