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Author Topic: [STOP] My Altcoin journey with small investment  (Read 443 times)
airdata
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October 18, 2021, 02:50:50 PM
 #41

Good strategy for altcoin buying, and you said that you apply this strategy for long time investment. Have many strategy to buying altcoin for longtime investment, i use different strategy for longtime investment. My strategy is every month i buy some altcoin when Their price is down, then i buy and hold my altcoin.                       

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October 24, 2021, 09:17:33 PM
 #42

$FET has start the stake drop on Mobix. If you buy $FET and  stake you will be rich soon. Also Fetch.ai develops the project by using AI. And it's look very good.
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October 24, 2021, 11:19:34 PM
 #43

As investors we must be able to detail to know the performance of the coins we buy, investing with small values is a good start to learn and make big decisions one day, for now the tools that I think are good and always updated are the portfolios on coinmarketcap, because history always appears and easy to use.

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October 29, 2021, 01:34:15 PM
 #44

I did my own research and thought every week I would invest $50 in two projects. Keep in mind that this is a long-term investment.I am not going to do any future or margin which has short term money loss risk. I have time now. I am 20 years old and I think I can invest my money for at least 10 years. And if I do this, I may get enough profit. And here is my weekly investment.
$50 investments on weekly basis is not sounding to me a small approach. By doing is with altcoins, I am afraid that as you are doing these with altcoins, you are basically having additional layer of risks compared to if you do the same with bitcoins. I have seen 100s of altcoins were famous by the times of 2014/2015 but only less than 1% of such coins managed to survive till 2021.

I mean most altcoins may fade away over the time hence being too selective while investing wit altcoins may help. Moreover I like to suggest to book profits whenever possible and may focus only on bitcoin as with bitcoin investments on long run you have 200% chances to get assured profits but altcoins got only 50% chances.

You may gain profits only on USD value and if you consider in BTC then definitely you will face losses with most of altcoins in long run.

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October 29, 2021, 01:59:48 PM
 #45

It's a good thing that you earned a good profit out of your small investment and it's proven that it's important for us to do our research first before buying any coin. A proper mindset will also be a big help no matter how big or small your investment is. Things will also depend on the capability of your chosen coins.
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October 29, 2021, 04:17:36 PM
 #46

it is always good to invest with a very small amount of money which can be termed as spare money just in case there is a plummet in price as not everyone can tell for sure if it is the rise or fall of the coin.When you invest little money, you can stand to exercise some degree of patience when the price depreciates and still live your financial life void of interfering with your investment.

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October 29, 2021, 04:47:57 PM
 #47

it is always good to invest with a very small amount of money which can be termed as spare money just in case there is a plummet in price as not everyone can tell for sure if it is the rise or fall of the coin.When you invest little money, you can stand to exercise some degree of patience when the price depreciates and still live your financial life void of interfering with your investment.


Using a small capital will definitely avoid big losses. but make no mistake, even though we use small capital when investing can produce big profits if we choose the right coins when we first invest. If luck is on our side

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