Daily transaction records+Give me some investment advice

[PastorNick]

I will use about 80%(About $2000 per day.) of my funds every day to invest in cryptocurrencies.

Can you give your suggestions? For example, 20% btc futures, 20% altcoin, 60% btc spot.

And how are your funds allocated?

edit:I changed the name of this topic. I want to create a long-term topic to record my transaction status at any time

[jackg]

Do NOT trade futures until you've learnt how to trade or are getting a positive return over 30-60 trades.

Then, I'd invest all in bitcoin. If you really want to, you could put 5-20% in an altcoin but you're probably going to want something that's got a lot of hype behind it at least (or is a big cap and isn't likely to disappear). I'd also convert an altcoin back to bitcoin if it goes over a certain amount as it will probably fall back down to there at some point anyway.

Also don't take financial advise from random people on a forum, make sure you're making educated decisions and you're in the market with an amount you'll be OK dropping 80% in value at some point.

[PastorNick]

Do NOT trade futures until you've learnt how to trade or are getting a positive return over 30-60 trades.

Then, I'd invest all in bitcoin. If you really want to, you could put 5-20% in an altcoin but you're probably going to want something that's got a lot of hype behind it at least (or is a big cap and isn't likely to disappear). I'd also convert an altcoin back to bitcoin if it goes over a certain amount as it will probably fall back down to there at some point anyway.

Also don't take financial advise from random people on a forum, make sure you're making educated decisions and you're in the market with an amount you'll be OK dropping 80% in value at some point.

Before this I was an investor and not a trader.

But I think I need to allocate a certain amount of funds for trading.I am not that kind of super trader, I don't have tens of millions of funds. So I am worried that I will not profit from the btc trading.

As you said, 5%-20% of the funds used to buy altcoin is a good choice.

[harizen]

I will use about 80%(About $2000 per day.) of my funds every day to invest in cryptocurrencies.

Can you give your suggestions? For example, 20% btc futures, 20% altcoin, 60% btc spot.

And how are your funds allocated?

Depends on your knowledge and risk management, you can do everything you want.

But take note of your capability or are do you really want to do that or just following others? Can you handle the stress of managing several assets at the same time? Can you handle the risks of putting money on several baskets?

If not, better stick with Spot trading either with BTC or your chosen altcoins. That's the stage where you can test several strategies.

[Rruchi man]

Also don't take financial advise from random people on a forum, make sure you're making educated decisions...

This is very and most important, there are many people giving unsolicited financial advice both in this forum and offline, you must be careful who you ask questions, who and what you listen to concerning trading and your financial life and the information/advice that you take concerning your financial life. Choose a mentor properly and be sure to do proper research, so your decisions in line with your mentor's is not just a blind move, but also educated as well.

[crwth]

You should seek financial advisers for your inquiry. I feel like every member here will just share their opinion on how you would handle it but can't give concrete advice on what you can do with your money.

With your idea, it's great that you should allocate different portions of your portfolio to different markets. If I understood correctly this would be your approach

• USDT-BTC Perp - Futures
• BTC-ALTS - Spot Market
• USDT-BTC - Spot Market

Those are going to be your pairs, right? I think that would be great especially if you trade it continuously. Are you planning to use tools like Gunbot to maximize your opportunities?


Anyway, for your question on how I allocate. Mostly it's allocated more in futures than spot. 60% futures, 20% Spot market, and 20% HODL. This is my approach.

[PastorNick]

You should seek financial advisers for your inquiry. I feel like every member here will just share their opinion on how you would handle it but can't give concrete advice on what you can do with your money.

With your idea, it's great that you should allocate different portions of your portfolio to different markets. If I understood correctly this would be your approach

• USDT-BTC Perp - Futures
• BTC-ALTS - Spot Market
• USDT-BTC - Spot Market

Those are going to be your pairs, right? I think that would be great especially if you trade it continuously. Are you planning to use tools like Gunbot to maximize your opportunities?


Anyway, for your question on how I allocate. Mostly it's allocated more in futures than spot. 60% futures, 20% Spot market, and 20% HODL. This is my approach.

Maybe this has something to do with the person's character. To be honest, I am a relatively conservative person now, so for me, 50% of the futures may be the maximum limit. (Before this, I used to trade frequently. At that time, 100% of my funds were futures, and I suffered a miserable loss)
thanks for your advice. I will look for an investment advisor as soon as possible.

Learn the basics, don't jump right into trading, learn when to quit when the day isn't good, learn when to take the profit and be patient. I think those that I've said are the most essential that I can think of.

Do you have a better book or website？

[adaseb]

Investing in futures will make you less money with the same amount of risk pretty much as buying spot. The only reason to invest in futures is if you are actively trading it. Futures at least the Perps charges you a funding fee every 8 hours, usually its 0.01%, so each month you will lose about 1% of potential profit if you go long on the futures.

You can just long the dated futures and not perps however its the same idea. They usually got a premium and will settle at the index spot price, so you are losing a little by investing in the futures.

So unless you can actively trade bitcoin every few days or so, just stick with the spot market.

[mk4]

Maybe this has something to do with the person's character. To be honest, I am a relatively conservative person now, so for me, 50% of the futures may be the maximum limit. (Before this, I used to trade frequently. At that time, 100% of my funds were futures, and I suffered a miserable loss)
thanks for your advice. I will look for an investment advisor as soon as possible.

50% for "fun trading" is really really high no matter who you ask. But maybe you're a teenager that has money to burn so if that's the case then I guess it's fine. It's your money in the first place.

As for investment advisors, if you actually look for one, chances are he/she will tell you to not put money into cryptocurrencies, or only allocate a really really small amount. If you're looking for a sort of "online investment advisor", yeah, no. The best option is still to do your own research and learn the ropes yourself.

[PastorNick]

50% for "fun trading" is really really high no matter who you ask. But maybe you're a teenager that has money to burn so if that's the case then I guess it's fine. It's your money in the first place.

As for investment advisors, if you actually look for one, chances are he/she will tell you to not put money into cryptocurrencies, or only allocate a really really small amount. If you're looking for a sort of "online investment advisor", yeah, no. The best option is still to do your own research and learn the ropes yourself.

This is a lesson for me. When I first came into contact with cryptocurrencies, I always opened high-fold futures, and in the end my money was almost lost (on 5.19). So now I dare not open such a high leverage, nor dare to put a lot of funds on futures.

As I mentioned in the topic, I currently have 20% funds in futures. But if the market is good, I think I will accept futures with 50% capital at most.

Yes, I think investment advisors will persuade me to put only 20% of my funds in cryptocurrencies. Perhaps I was wrong in one sentence, even those who are conservative in cryptocurrency trading are bolder than most people.

[so98nn]

If you are able to invest $2000 everyday then you can just go ahead and stake your money. Although I do not suggest this very often but with that kinda money you can earn huge staking interest. There are also bunch of sites like freebitcoin who provides 25% interest straight on your 360D savings plus additional bonuses of the site. You have so much money that you can literally get big returns on the same and that too risk free.

If you wanna make more than 25% every month then simply go for trading and gambling. Trading is all about your extensive knowledge of the field while on the other hand gambling is all about your luck, status of the gambling site and how much is inflow-outflow math. You can hit as much as 1000% in blink of an eye on game site wide.

However, when you have lot of money at dispersal you dont think straight, it's better to choose first option of savings plan rather than going rogue about it.

[pooya87]

Yes, I think investment advisors will persuade me to put only 20% of my funds in cryptocurrencies.

For someone who has to ask others what to do, 20% is also high and 80% is definitely a big NO. In the end it is up to you to decide how much risk you are willing to take and when you are trading and worse (taking bigger risks with futures) you are taking big risks and you should allocate your funds based on that and not based on how much profit you wish to make.

[ethereumhunter]

I will use about 80%(About $2000 per day.) of my funds every day to invest in cryptocurrencies.

Can you give your suggestions? For example, 20% btc futures, 20% altcoin, 60% btc spot.

And how are your funds allocated?

Seriously? That will not be good for you if you do not have many skills in investment or trading. I suggest you use spot trading first until you are familiar with analyzing the market and then use the future.

Assume you have $10,000 to invest in crypto. You can use $1,000-$2,000 to invest every week. Then use $2,000-$2,500 to spot trading (buy low and sell high depend on the market moves).

You have free money to backup if the price drops deeper so you can buy more in that time. I think that will be enough for you to invest and trade.

[airdata]

Hello Dear, you said that you want Daily 2k usdt for investment, and as my opinion you can invest your fund step by step, don’t invest your 100% fund just in one time. Becouse always i use this strategy for investment and it has always helpful for me.       

[PastorNick]

Hello Dear, you said that you want Daily 2k usdt for investment, and as my opinion you can invest your fund step by step, don’t invest your 100% fund just in one time. Becouse always i use this strategy for investment and it has always helpful for me.       

This is what I have always wanted to add. I am an investor and I am good at investing. I want to transfer the investment income to the transaction one after another.

I cannot transfer all the funds at once. Investment is a source of income for me. It is also a source of what I call $2000 per day.

For someone who has to ask others what to do, 20% is also high and 80% is definitely a big NO. In the end it is up to you to decide how much risk you are willing to take and when you are trading and worse (taking bigger risks with futures) you are taking big risks and you should allocate your funds based on that and not based on how much profit you wish to make.

I posted this question in the forum because I am also interested in other people’s trading strategies.

I will learn trading skills and the required knowledge first.

[Strongkored]

I will use about 80%(About $2000 per day.) of my funds every day to invest in cryptocurrencies.

Can you give your suggestions? For example, 20% btc futures, 20% altcoin, 60% btc spot.

And how are your funds allocated?

You want to invest so futures trade is not included in the investment, you can divide 80% into BTC and the rest in Altcoins, for altcoins you have to be careful in choosing them because you are entering to invest meaning this is long term, my advice is not to buy new coins it is very risky.

I am an investor and I am good at investing.

If you say you are good at investing why not continue what you have been doing instead of choosing another form, but if you are very curious to trade you can start with small funds and keep learning.

[Mkmanik]

I will use about 80%(About $2000 per day.) of my funds every day to invest in cryptocurrencies.

Can you give your suggestions? For example, 20% btc futures, 20% altcoin, 60% btc spot.

And how are your funds allocated?

I believe you don't have a proper idea about investment and trading. You want to put a 20% fund in BTC Futures, It's not an investment that I believe. It's trading, If you are good in trade then you can jump onto futures trade. But Futures trade is highly risky. If you don't know how to manage risk Than don't go for it. If you are good in trade then it's good.

20% altcoin investment is good. But don't buy some shitcoin/meme coin. Try to stick with some top-rated coins also don't forget to buy some latest GEM. In your title, you said you are looking for some investment advice. In this forum, a lot of people will provide you a lot of suggestions. But you know what, you need to do your own research before making an investment.

[PastorNick]

You want to invest so futures trade is not included in the investment, you can divide 80% into BTC and the rest in Altcoins, for altcoins you have to be careful in choosing them because you are entering to invest meaning this is long term, my advice is not to buy new coins it is very risky.

Yes, the risk of a new coin is very high. But I got my first capital by investing in new coins, shib，babydoge etc.At that time, my funds were relatively small, and those funds now look like gambling.

If you say you are good at investing why not continue what you have been doing instead of choosing another form, but if you are very curious to trade you can start with small funds and keep learning.

Currently most of my funds are in new coins, so I don't think this is a long-term strategy. Of course I will continue to invest, but I will slowly transfer at least half of the funds to the trading.



BTW, I haven't been in the cryptocurrency market for a long time.I did not profit from btc

Instead I benefited a lot from erc20 and bep20 tokens,

But after observing the prices of altcoin and bitcoin over this period of time, I think I should pay more attention to bitcoin.

[RokokGudangGaram]

Here's my advice, keep the highest percentage of your money in Bitcoin and you can hold it for a long time (long term investment) second you can buy Ethereum maybe around 30 percent and the rest you can use it for short term investment or day trading in that way you would be exposed to trading daily and you will understand how the market works.

[mk4]

As I mentioned in the topic, I currently have 20% funds in futures. But if the market is good, I think I will accept futures with 50% capital at most.

The question though is, can you actually accurately assess the markets if it's "good" or not? Because if you mean going 50% when prices are going up, then there's a chance you're just having FOMO, and you're most probably going to have a really really bad time in the end.