lovesmayfamilis
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July 25, 2021, 07:12:22 AM |
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I would correct you. You are not only 15 years old, but only 15. This suggests that you are young, and you have everything ahead of you. By buying bitcoin today with all the money you are willing to spend, you will certainly remain in profit. You have time. It can also be advised to buy additional bitcoins at any price regularly. Always remember that age is your trump card. Well, starting from the fact that in the first stages, investing in bitcoin, you will continue to learn and understand the market deeper, having made some capital and gaining experience, you will have a more realistic idea of what coins you can invest.
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mk4
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Paldo.io 🤖
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July 25, 2021, 07:35:21 AM |
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uhh how would i do that?
Reading a lot. Knowing that the cryptocurrency space is pretty much a mixture of technology/innovation and finance, read books and/or articles about both. And when evaluating investment opportunities(crypto or not), simply do a lot of research. There's really no sort of "secret sauce" to this; just a lot of hard work.
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joniboini
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July 25, 2021, 10:44:12 AM |
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Do what mk suggests and keep learning about crypto. You'll get better with experience if you want to get serious on this matter, there is no shortcut. If you're really just here for fun, then don't expect any gains, or else you'll be heavily disappointed just like those retail investors who buy at the top and sold at the bottom, losing many chances to make decent profits because fomo and etc.
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SFR10
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July 25, 2021, 02:40:34 PM |
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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?
No, it doesn't. Take a look at the following " screenshot" and tell me what you see in regards to their movements? - See how most of them [with the exception of a few] follow BTCitcoin.keep in mind im 15 and dont got that much money lol
If that wasn't the case, I would've suggested 80% BTCitcoin/20% Gold [diversify]. well if i invest in bitcoin i would make what? double and a bit more
Depending on the situation, that may not always be the case! cardano bc i belive in the team and its ideology.
Then why just 15%?
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danherbias07
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July 25, 2021, 04:08:57 PM |
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It's fun to see people just want to have fun with their money. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I'll go 70% Bitcoin 20% Ethereum and maybe that 10% instead of having fun just put it with Cardano. I'll agree with those three or if you really insist on that fun moment you could divide the amount given to ADA and give it to Mary. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Lock it for some time and you will find yourself smiling on your monitor a few months or years later. This is a long term investment, right?
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palle11
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July 25, 2021, 04:29:46 PM |
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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 ,I guess you are referring to your age and that is nice to start at the age of 15 to invest. Your portfolio is also good. The percentage of the coins you have are good and I have to say you have chosen the very important coins to invest on.
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xema_nema
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July 25, 2021, 04:46:05 PM |
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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? "well if i invest in bitcoin i would make what? double and a bit more." -Double and bit more... "...if anything happens to the others." -it happens. .............................................. You already answered at your own questions.
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teosanru
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July 25, 2021, 05:15:58 PM |
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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
Naa! If you are 15 you have a greater risk aversion in my opinion. You can go slightly risky with more money on new currencies like Cardano or Solana or Tezos. Btc, eth will move to but not to that extent because a lot of market cap is needed to move these big coins and similarly they don't fall easily too. Talking about ravecoin I don't generally recommend ravecoin but if you think it's good then you can keep it at a 10% proportion. A better combo will be : 20% ADA 20% XTZ 10% MATIC 10% Solana 20% BTC 20% Ether The last two are just to sort of hedge your portfolio.
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Gozie51
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July 25, 2021, 06:44:05 PM |
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With your age , You have done a good thing to put your money on cryptocurrency I commend you on that. I want to suggest to you that since you have a long way in life and you may not have a rush to sell or urgent need for money, you can invest in cheap coins with nice volume and hodl for long term. Stellar, curio, cartesi can be a good choice.
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South Park
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July 25, 2021, 07:52:31 PM |
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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?
First of all it is better that you keep your privacy so do not reveal your age, second I think you are putting too much money in altcoins, I know that bitcoin is expensive, but if you are that young then you have time, if you treat bitcoin as a long term investment and do not touch it for decades then by the time you are ready to touch your coins they will be incredibly valuable, something that I cannot say with certainty about any of those coins.
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seleme
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July 25, 2021, 08:49:48 PM |
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Just believe in the process, invest in the top altcoin except for the ones with huge circulation and insane total supply. Hard to tell which coins will hit ATH soon, better to HODL at least few more years and reallocate the investment portfolio in the next bull season.
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Hippocrypto
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July 25, 2021, 11:31:12 PM |
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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
Just focus with Bitcoin and eth, then you'll be lucky by the time both of them will prosper the best price which can be reachable someday. They already hit the fist $60k and $4k history, and now we're waiting for what second price they've got for all of us who waited. Let's take a deep breath and just relax while our future profit is going to fill our wallets full.
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taufik123
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July 26, 2021, 12:32:53 AM |
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-snip-. A better combo will be : 20% ADA 20% XTZ 10% MATIC 10% Solana 20% BTC 20% Ether
The last two are just to sort of hedge your portfolio.
but at least the coins used for hedging are bigger than others. for example like this: 10% ADA 10% XTZ 10% MATIC 10% Solana 20% Ether 40% BTC. Bitcoin is still a good hedging portfolio. Entering when the price of bitcoin deep like a few days ago reached the price of 29k-28k is a good entry price. Ether also supports the portfolio because it is the second altcoin after bitcoin. Other altcoins only serve as support, such as Solana, which has a clear project and is getting better and better.
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lablab03
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July 26, 2021, 05:04:11 AM |
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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
well if i were you, I'll focus in bitcoin coz bitcoin up to this date still at the support and very steady after all the correction, and a lot people see it good to make investment, in fact just like you said you don't have much money, so probably it's a good decision to choose bitcoin. It doesn't matter if you're 15 as long as you know how to handle such things..
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CryptopreneurBrainboss
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July 26, 2021, 08:19:03 AM |
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keep in mind im 15 and dont got that much money lol
That exactly why you should focus more on accumulating Bitcoin, you're still very young and if you use this opportunity well you might retire before you're 30 by relying on just your investment. Get as much Bitcoin as you can now, don't get distracted. The Alts aren't at their best now. Probably in future better alternative coins will be introduced but now it's just the hype and hunger for fame/been the next Bitcoin that's why most of the altcoins were created. It would had been easier if you indicated your capital then maybe some of us can give you an idea from experience on how to go about dollar cost averaging your investment. The next two years will be one of the best times to get as much Bitcoin as you can because after the next halving the astonishing gains there's to come to the industry will be so much that it could skyrocket the price to the million mark speculation that have been spreading around of recent.
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Kong Hey Pakboy
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July 26, 2021, 08:38:09 AM |
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With your age , You have done a good thing to put your money on cryptocurrency I commend you on that. I want to suggest to you that since you have a long way in life and you may not have a rush to sell or urgent need for money, you can invest in cheap coins with nice volume and hodl for long term. Stellar, curio, cartesi can be a good choice.
At that age, I would still be playing outside not caring about my future but this person is lucky because he/she have the opportunity to invest early and I think that OP can benefit from it since OP has more time compared to any of us here. I don't necessarily agree with putting your capital in a split because I believe that you can make more money with enough patience if you focus on only one cryptocurrency, bitcoin is the best choice for me but in the end that's on you on how you are going to approach this, you will get the profit not us.
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idk what to say (OP)
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July 26, 2021, 09:40:19 AM |
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keep in mind im 15 and dont got that much money lol
That exactly why you should focus more on accumulating Bitcoin, you're still very young and if you use this opportunity well you might retire before you're 30 by relying on just your investment. Get as much Bitcoin as you can now, don't get distracted. The Alts aren't at their best now. Probably in future better alternative coins will be introduced but now it's just the hype and hunger for fame/been the next Bitcoin that's why most of the altcoins were created. It would had been easier if you indicated your capital then maybe some of us can give you an idea from experience on how to go about dollar cost averaging your investment. The next two years will be one of the best times to get as much Bitcoin as you can because after the next halving the astonishing gains there's to come to the industry will be so much that it could skyrocket the price to the million mark speculation that have been spreading around of recent. i mean i have a few hundred at the monument but il borrow a few hundred money from my parents, i will start working in a week or 2 so yea. so bacily i kind of have a budget of 1000. edit: why do all of yall advertise Cassios and stuff, im confused lol
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Strongkored
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July 26, 2021, 11:15:24 AM |
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i mean i have a few hundred at the monument but il borrow a few hundred money from my parents, i will start working in a week or 2 so yea. so bacily i kind of have a budget of 1000.
You don't need to be in a hurry with your investment, just use the money you have without need to borrow even from your parents, because borrow money for investment is not the right step. Maybe the percentage in Bitcoin is increased and for altcoins reduced because btc is still safer than altcoins for the long term edit: why do all of yall advertise Cassios and stuff, im confused lol That's the signature campaign, read this to understand better : https://bitcointalk.org/index.php?topic=1684035.0
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idk what to say (OP)
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July 26, 2021, 12:37:17 PM |
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i mean i have a few hundred at the monument but il borrow a few hundred money from my parents, i will start working in a week or 2 so yea. so bacily i kind of have a budget of 1000.
You don't need to be in a hurry with your investment, just use the money you have without need to borrow even from your parents, because borrow money for investment is not the right step. Maybe the percentage in Bitcoin is increased and for altcoins reduced because btc is still safer than altcoins for the long term edit: why do all of yall advertise Cassios and stuff, im confused lol That's the signature campaign, read this to understand better : https://bitcointalk.org/index.php?topic=1684035.0im going to work anyways so if i borrow now and pay when i start working it the price would probly be different correct?
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crzy
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July 26, 2021, 12:39:23 PM |
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NO.
100% BTC
Or if you want to have some fun, 90% BTC 10% shitcoins.
It’s more fun if you do put your money on good projects, 90% BTC, 5% top altcoins and 5% with the shitcoins or meme token, just don’t invest on one project because that’s boring and too risky. If you do diversify, take this seriously and know where to put your money properly. Be profitable, that’s more fun!
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