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Author Topic: is this a good divide? thanks  (Read 676 times)
idk what to say (OP)
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July 25, 2021, 03:23:30 AM
Merited by lovesmayfamilis (1)
 #1

i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.

does this make sense?


keep in mind im 15 and dont got that much money lol
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July 25, 2021, 03:29:19 AM
Merited by pooya87 (2)
 #2

NO.

100% BTC

Or if you want to have some fun, 90% BTC 10% shitcoins.

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July 25, 2021, 03:41:17 AM
 #3

i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.

does this make sense?

You will do it for fun, right? Any dividends would do.

You don't have to do something technical because I know you will just hold it.

See the result if it's effective in the long run. If not, change strategy.
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July 25, 2021, 03:43:04 AM
 #4

It completely depends on your investment thesis, really. Really hard to comment when you don't even state why you chosen those set of coins in the first place.

Personally though, only BTC and ETH from that list.

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idk what to say (OP)
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July 25, 2021, 04:07:01 AM
 #5

i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.

does this make sense?

You will do it for fun, right? Any dividends would do.

You don't have to do something technical because I know you will just hold it.

See the result if it's effective in the long run. If not, change strategy.

well if i invest in bitcoin i would make what? double and a bit more (however it is more stabile than any other coins) so i think that puting a good chunck is good just so i get my money back if anything happens to the others.

i want to invest in eth bc i belive in staking

cardano bc i belive in the team and its ideology.

 ravecoin bc when eth stops proof of work its going to be the underdog

the alts for fun and to see if i make any money off of them

now does it make sense?
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July 25, 2021, 04:14:07 AM
 #6

i want to invest in eth bc i belive in staking

cardano bc i belive in the team and its ideology.

 ravecoin bc when eth stops proof of work its going to be the underdog

the alts for fun and to see if i make any money off of them

now does it make sense?

That is another matter. If you have knowledge of the projects that's fine. Although I still think the best is Bitcoin and I wouldn't put more than 10% in shitcoins. If you look at the top 10 cryptocurrencies over the years you'll see that only Bitcoin and Ethereum have stayed on top. The rest have been changing. Many fancy coins that seemed to have good projects have fallen into oblivion.

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July 25, 2021, 04:22:35 AM
 #7

well if i invest in bitcoin i would make what? double and a bit more (however it is more stabile than any other coins) so i think that puting a good chunck is good just so i get my money back if anything happens to the others.

i want to invest in eth bc i belive in staking

cardano bc i belive in the team and its ideology.

 ravecoin bc when eth stops proof of work its going to be the underdog

the alts for fun and to see if i make any money off of them

now does it make sense?

I'm not saying that this is a bad decision(time will tell), but if those are your only reasons for "investing" in those coins, then it's definitely really really flawed. It seems like something you just thought of in 30 minutes.

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July 25, 2021, 04:27:32 AM
 #8

i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.

does this make sense?


keep in mind im 15 and dont got that much money lol

what do you mean just having fun? why not use for more promising coins. I personally only invest in two coins namely bitcoin and ethereum. will never try to buy shitcoin for whatever reason. and maybe you can do it like that. it will be awesome in time.
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July 25, 2021, 04:30:43 AM
 #9

well if i invest in bitcoin i would make what? double and a bit more (however it is more stabile than any other coins) so i think that puting a good chunck is good just so i get my money back if anything happens to the others.

i want to invest in eth bc i belive in staking

cardano bc i belive in the team and its ideology.

 ravecoin bc when eth stops proof of work its going to be the underdog

the alts for fun and to see if i make any money off of them

now does it make sense?

I'm not saying that this is a bad decision(time will tell), but if those are your only reasons for "investing" in those coins, then it's definitely really really flawed. It seems like something you just thought of in 30 minutes.

then what do you suggest?
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July 25, 2021, 04:32:21 AM
 #10

Well prices of the altcoins are low, if you think there are chances of them going up in the coming weeks then you are looking forward to profiting after its prices spike. If it starts to decline a bit just sell them all for ETH or BTC. These two are the most advantageous for investors, forget all when all are crashing down.
Maybe you know something and I don't know what ravecoin has as a technological advantage to climb up the rank with good value.

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July 25, 2021, 04:36:52 AM
 #11

i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.

does this make sense?


keep in mind im 15 and dont got that much money lol

what do you mean just having fun? why not use for more promising coins. I personally only invest in two coins namely bitcoin and ethereum. will never try to buy shitcoin for whatever reason. and maybe you can do it like that. it will be awesome in time.


oh no im not going to do that, i meant like small coins like dogecoin, cosmos etc idk yet tbh i dont like gambiling obivlsy AT ALL, but i mean like small cryptos that are just short term bc ik when bitcoin and eth finaly become have a return it wont be much since im starting pretty late
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July 25, 2021, 04:46:02 AM
 #12

I will put more than 50-60%+ in bitcoin and the rest to anything that I want to for altcoins.

Lesser on bitcoin doesn't make sense.

Add more to bitcoin as it is always the best strat.

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July 25, 2021, 05:00:31 AM
 #13

i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.

does this make sense?


keep in mind im 15 and dont got that much money lol

There is no formula on how to divide your money on crypto, still up to you to manage it.

But I would say that majority of investors here are into BTC, maybe 60% or higher, at least in my case.

I do hope that you take it seriously though and not for fun, after all it involves your hard earn money.

 
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July 25, 2021, 05:34:53 AM
Merited by lightning0 (1)
 #14

"Investment" demands long term good performance which can only happen with real world adoption due to having real world utility. The altcoins have none of that, they don't have long term potential simply because they don't have any real world utilities. For example take ETH, it is only used to create scam ICOs and other fund raising schemes to make quick money. For the past 4 years from 2017 ETH has been dumping consistently exactly because of this.

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July 25, 2021, 05:38:44 AM
Merited by pooya87 (2)
 #15

then what do you suggest?

I suggest digging A LOT deeper than only knowing the surface-level knowledge of these cryptocurrencies. Investing in general(at least doing it properly), takes a lot of time and work.

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July 25, 2021, 06:05:49 AM
Merited by lovesmayfamilis (1)
 #16

i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.

does this make sense?


keep in mind im 15 and dont got that much money lol
If you are 15 and don't have too much money why wasting them on altcoin when you can go all in Bitcoin? You can carry with DCA investment strategy because your %35 allocation to Bitcoin is low and increase it to say 70-80% of your portfolio and rest in others you wish to do so.If you are seeking any advice then it would be Bitcoin being the top most priority here.As you said you are just 15 and you can stack Bitcoin with how much you can but keep in mind the fees which could eat up the relatively low amount of transaction and say you have $200 then go for $120-$150 in btc and just other to alts.By the time you will be 20 your these small investment will build your enough net worth and you will be happy with your decision.Make choices but the wise ones at early age because we have not done so so just guiding you.

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idk what to say (OP)
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July 25, 2021, 06:20:40 AM
 #17

then what do you suggest?

I suggest digging A LOT deeper than only knowing the surface-level knowledge of these cryptocurrencies. Investing in general(at least doing it properly), takes a lot of time and work.

uhh how would i do that?
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July 25, 2021, 06:32:24 AM
 #18

then what do you suggest?

I suggest digging A LOT deeper than only knowing the surface-level knowledge of these cryptocurrencies. Investing in general(at least doing it properly), takes a lot of time and work.

uhh how would i do that?

by waiting. Cheesy

you should have given more for BTC. it's all up to you though. Bitcoin still is the most lucrative coin there is. some investors only go for altcoins is because there is Defi and staking on it which the investors could multiply their tokens. you haves given so much for cardano. it hasn't had anything to this project yet. but you know an altcoin has to go up to $100 before investors wouldn't give importance to it. and it still has something to do with waiting.

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July 25, 2021, 06:44:36 AM
 #19

i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.

does this make sense?


keep in mind im 15 and dont got that much money lol
age doesn't matter mate wherein as long as you know how to handle money for investment you can dive in as well. Infact you have a good choices so it means you make research for it.. Because bitcoin and Cardano have a good news for this coming month so expect there will be a changes on the price. . but yeah it's still good to invest with ETHEREUM as well as its more reliable than other alternative coin in the market.. For me what i can suggest is to make investment with trusted coin wherein stay away for now to some alts because they're not that good compared to the most reliable crypto in the market..like what you said you're just 15 so don't push your self with those unpredictable alts.. Just focus to bitcoin instead at least you are sure that afterwards you can make good return from it.  Wink
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July 25, 2021, 06:51:24 AM
 #20

@Poker Player already said it, and you said it's for the fun of it, I think that you should go for the 100% much fun because you are doing an all-in compared to splitting it. You risk losing everything in 100% compared to splitting it in different coins.
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