Daily transaction records+Give me some investment advice

[Shasha80]

If you were newbie, you still have long way journey to learn, trading is not easy as your imagine, its will need your passion and emotion in it.
I have suggestion for newbies, you can buy and keep BTC and ETH as your starting investment, the two both coin are relatively safe to hold in mid or long term.
For the alts, may you can choose the top five in the marketcap besides BTC and ETH that I mentioned above, pick BNB if you ask for suggestion.
And the rest, trading depends on your intention and patience in learning, don't be afraid to be wrong because with mistakes, you will be more advanced, good luck!

That's right, don't think trading is easy, because there are many factors that must be studied in order to become a successful trader. Among other
things, by learning a lot about everything about the crypto world, so at least we can get an idea which coins are worth buying. Wrong choice of coins
for trading, the risk is that we can lose all of our capital. I agree that newbies can try trading using top crypto. Such as BTC, ETH, BNB, ADA and
so on. Another thing may have to be able to control emotions when trading, if trading is affected by emotions, we will always make the wrong decisions.

[PastorNick]

I am considering editing the name of my topic, or creating a new topic. The reason is that I want to record my daily transactions and summarize the daily gains and losses in time. In which section should I publish this topic?

[bitterguy28]

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 have plenty to risk , but why Futures? and besides you have mentioned about being investors and just wanna enter trading , Why not focus instead in investing , i mean semi long term holding?

Buying crypto such as Bitcoin and the following 4 ranked coins will keep you safe and hold atleast a month or 2?

until you finally understand how this market goes and then full blast your trading .

[awik p]

If you were newbie, you still have long way journey to learn, trading is not easy as your imagine, its will need your passion and emotion in it.
I have suggestion for newbies, you can buy and keep BTC and ETH as your starting investment, the two both coin are relatively safe to hold in mid or long term.
For the alts, may you can choose the top five in the marketcap besides BTC and ETH that I mentioned above, pick BNB if you ask for suggestion.
And the rest, trading depends on your intention and patience in learning, don't be afraid to be wrong because with mistakes, you will be more advanced, good luck!

That's right, don't think trading is easy, because there are many factors that must be studied in order to become a successful trader. Among other
things, by learning a lot about everything about the crypto world, so at least we can get an idea which coins are worth buying. Wrong choice of coins
for trading, the risk is that we can lose all of our capital. I agree that newbies can try trading using top crypto. Such as BTC, ETH, BNB, ADA and
so on. Another thing may have to be able to control emotions when trading, if trading is affected by emotions, we will always make the wrong decisions.

by choosing crypto at the top rank, then we choose coins with large capitalization, and this is a good choice because market manipulation is not easily done by someone or whales. that way the market movement runs in a healthy manner and we can analyze according to the theory that is usually done by traders. for example if we choose a coin in a new project, of course it will be more risky

[conected]

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 have plenty to risk , but why Futures? and besides you have mentioned about being investors and just wanna enter trading , Why not focus instead in investing , i mean semi long term holding?

Buying crypto such as Bitcoin and the following 4 ranked coins will keep you safe and hold atleast a month or 2?

until you finally understand how this market goes and then full blast your trading .

- Futures trading is a very sharp knife and when we are just amateurs in the kitchen, this knife can accidentally cut into our hands, once the length and depth of the cut is too horrible, that is also the time when our assets cannot be saved, the consequences continue to be pumping more money from altcoins or bitcoin to maintain life. Almost everyone knows the future is an abyss but many still like to jump in, staying at peace with sanctuaries like bitcoin and some altcoins promise is always preferable, no matter where we sleep we don't worry about dawn tomorrow

[justdimin]

If you're not a trader and looking to invest as some point you still need to make the decision of staying in or getting out - much like a trader. Because you're starting with 2K already, best you level up on some trading skills, and definitely not future trading for you.

Similar to previous comments, to minimise active trading and to profit long-term best to spread most of your allocated money for investment over BTC because it will surely give you a nice return in the future, and you can't be as confident about alts.

Traders and investors are two different type of breeds. When you are investing the correct way to do it would be the long term one, if you are going to do it short term then the best way would be to simply just not do it at all, however if you are intending to do it no matter what and become an investor then you will need to learn how to be patient and then you could actually do something with it.

Traders need to learn so much and they will only become good after studying for very long time plus having a big experience by keep trading even after a loss. Investors are not like that, all they have to do is simply just buy something and hold it as long as possible without ever selling it, sell when you are 60 years old and want to retire, that would be the great solution honestly. Otherwise they are both trying to make money from crypto, that's the only common thing.

[akar87]

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 have plenty to risk , but why Futures? and besides you have mentioned about being investors and just wanna enter trading , Why not focus instead in investing , i mean semi long term holding?

Buying crypto such as Bitcoin and the following 4 ranked coins will keep you safe and hold atleast a month or 2?

until you finally understand how this market goes and then full blast your trading .

- Futures trading is a very sharp knife and when we are just amateurs in the kitchen, this knife can accidentally cut into our hands, once the length and depth of the cut is too horrible, that is also the time when our assets cannot be saved, the consequences continue to be pumping more money from altcoins or bitcoin to maintain life. Almost everyone knows the future is an abyss but many still like to jump in, staying at peace with sanctuaries like bitcoin and some altcoins promise is always preferable, no matter where we sleep we don't worry about dawn tomorrow

Keep away from Future trading because you can loss all your money when put wrong position between short and long position, maybe some one said easy with future trading because have two choose short or long position, but most difficulty when open long suddenly bitcoin crash and you can get email notification with liquidity and all your fund gone, better with spot trading although price dump you got chance back when price up.

[jrrsparkles]

I am considering editing the name of my topic, or creating a new topic. The reason is that I want to record my daily transactions and summarize the daily gains and losses in time. In which section should I publish this topic?

Better to post on the speculation discussion because that is where most of such threads are available or you can also post ot on trading discussion along with your analysis and why you made any decision and be transparent with your profits and loss.

[jaberwock]

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.

he didnt said 100 percent but i think 100 percent at one time is less riskier than 80 percent at most days .
even if he invest huge he still diversify his money to other cryptos not only to one , that is important and can save hin from loosing at once .

Not saying that investing isn't risky but if I have an income good enough to allow me to invest a big amount into BTC every day, I would have gladly done so because the price of BTC although high, is still less than the value it provides and the scarcity in the future.

Most of my funds are usdt. I'm still waiting for a better time to buy.

I see a lot of people hold USDT and I really wonder why because s stable coin is not expected to yield any profits while there is always a risk of losing your capital to a centralized company. Maybe USDT is used to keep the portfolio value fixed but then you can do the same with fiat and centralized stable coins are the same as fiat just fewer regulations but highly risky.

[Kelvinid]

Dont get much too attention nor believe on some people advices and tips on which one you should invest on specially on a specific coin that it isnt really that much having potential.

And they get paid to promote such coin/s knowing that it is less possible to make money from them as they don't have any market potentials.
If I have $2k/day for investment, I surely took for the leading coins. To spread it into 4-5 different coins is really a great idea as it was advisable.

Well, that OP should need to have his own diggings and market search. It's up for the OP to listens to us or to have his own because the final decision is coming from him and I just hope he could think it and never make a rushing decision just to avoid the worse.

[justdimin]

That's right, don't think trading is easy, because there are many factors that must be studied in order to become a successful trader. Among other things, by learning a lot about everything about the crypto world, so at least we can get an idea which coins are worth buying. Wrong choice of coins for trading, the risk is that we can lose all of our capital. I agree that newbies can try trading using top crypto. Such as BTC, ETH, BNB, ADA and
so on. Another thing may have to be able to control emotions when trading, if trading is affected by emotions, we will always make the wrong decisions.

It is the hardest thing to pick a coin to trade. At the end of the day it is not something that we could be doing very easily because one wrong calculation and we are holding a coin that may never go back above the price we bought it from. For now, there are so many coins that broke their ATH and higher, however there are also a ton of coins that never broke their ATH record neither which means that even though we all go up, some of them go up more than others.

XRP is higher than what it was last year around this time, but it is also lower than its ATH, this means it went up but not near enough. ETH on the other hand was so low last year, and now so much higher and bigger than ATH of last year (then it broke over and made new ATH which is still close). So all in all I would say that it is quite important to pick the right coin to make a profit.

[adzino]

I would suggest you to invest most of your money in Bitcoin. If you are looking for long term investment, bitcoin is going to be your best option. Put the rest in altcoins. Not some random, but those that are well known and at the top like Ethereum. You could try investing in some random altcoins too, but make sure you do your own research. Look for projects that are good and has real use cases. Look for projects that help solve issues that currently exists on top altcoins. Invest in those and hold them. They will likely go up once people notice them. Avoid shitcoins at all cost. You will highly likely lose all your investment!

[Ziskinberg]

It seems that you have done it right, 60% on BTC and 40% on altcoins as a good market spread. Investing in Bitcoin should be the top priority and even add more if we can still spend more money.
I only choose altcoins that have been in the market for many years, I don't just rely on the top altcoins but look on the opportunity for new coins for a short-term deal. It is really risky but that is how investment is meant to be, we find no assurance in the first place.

[molsewid]

The basic and very simplest advice for investing is:
- Only invest in what you really understand
_ Invest based on the amount you can really afford
You must not force yourself to be involved and invest much money with hype moreover
Investing in top coins with good and strong fundamentals is very important.

This is the best thing that a newbie trader could make for himself, I mean since the capital or the money were not the issue for OP then what he really needs to do is to focus on basic and that is to invest on the thing that he really knew about. The top altcoins listed in coinmarketcap and coingecko were still the best option to put an investment but the thing is you still have to do your own research about those crypto's even if it is proven that these are worth it to invest. Your knowledge about it will be the one that will give you a profit so it's a must to be knowledgeable enough about it.

[LimLims]

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?

Future trades are often risky.
And i can see you have good budget per day to invest on.
You can easily enough profit by slow and calculating investments.
If you want a good investment advice, then let me tell you, always choose the perfect coin to trade stress free.
A perfect coin is the one which is trending in social medias and has good marketcap volume.
Hope this helps you OP.

[Shasha80]

That's right, don't think trading is easy, because there are many factors that must be studied in order to become a successful trader. Among other things, by learning a lot about everything about the crypto world, so at least we can get an idea which coins are worth buying. Wrong choice of coins for trading, the risk is that we can lose all of our capital. I agree that newbies can try trading using top crypto. Such as BTC, ETH, BNB, ADA and
so on. Another thing may have to be able to control emotions when trading, if trading is affected by emotions, we will always make the wrong decisions.

It is the hardest thing to pick a coin to trade. At the end of the day it is not something that we could be doing very easily because one wrong calculation and we are holding a coin that may never go back above the price we bought it from. For now, there are so many coins that broke their ATH and higher, however there are also a ton of coins that never broke their ATH record neither which means that even though we all go up, some of them go up more than others.

XRP is higher than what it was last year around this time, but it is also lower than its ATH, this means it went up but not near enough. ETH on the other hand was so low last year, and now so much higher and bigger than ATH of last year (then it broke over and made new ATH which is still close). So all in all I would say that it is quite important to pick the right coin to make a profit.

Therefore, in order not to choose the wrong coins for trading, we can choose the top 10 cryptos, which I think the movement is very good this year
and if the price falls it usually recovers quickly. Unlike us trading with new projects, it's a very high risk. It is true that usually new projects provide
the opportunity to generate greater profits, but don't focus too much on the profit generated. Even I who already have knowledge and analysis are
quite good, often fail when investing in new projects.

[akar87]

It seems that you have done it right, 60% on BTC and 40% on altcoins as a good market spread. Investing in Bitcoin should be the top priority and even add more if we can still spend more money.
I only choose altcoins that have been in the market for many years, I don't just rely on the top altcoins but look on the opportunity for new coins for a short-term deal. It is really risky but that is how investment is meant to be, we find no assurance in the first place.

Why not 100% for trading or holding in altcoin because most profitable altcoin than bitcoin if spot trading, maybe want to try with future trading is worth for bitcoin but always altcoin can up more than higher bitcoin. Some altcoin when update new market listing can raise up above 100% more but bitcoin only up above 10%, if you have small fund for trading in bitcoin looks not enough to get much profit than altcoin.

[MIner1448]

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?

With such impressive amounts, I would recommend that you invest in bitcoin and the top 5 altcoins, namely Ethereum, DOGE, XRP, etc., create a so-called investment wallet, and fix profits or change coins monthly according to market fluctuations. I recommend that you do not go into futures, especially if you are a beginner, trade on the spot, learn there and then go to futures with a minimum leverage, especially with such amounts as yours, I do not see the need to trade in futures.

[death69]

I'd advice you to learn how to manage your fund before joining the financial world. Even though there are not many people considering cryptocurrency as an asset, to me, it is certainly a type of financial investment. Therefore, it is good to be educated well because most of the people lose their money in this field. However, with a good knowledge and experience, your money might survive as long as you can before making real profit.

If you want a safe haven for your money, please invest your money in bitcoin. It has been around for more than 10 years with good reputation. And you can take profit after 10 years

[SquallLeonhart]

Why not 100% for trading or holding in altcoin because most profitable altcoin than bitcoin if spot trading, maybe want to try with future trading is worth for bitcoin but always altcoin can up more than higher bitcoin. Some altcoin when update new market listing can raise up above 100% more but bitcoin only up above 10%, if you have small fund for trading in bitcoin looks not enough to get much profit than altcoin.

Bitcoin is a "stable" currency compared to most other coins, obviously it is very volatile when you compare it to other stuff but that doesn't change the fact that we still have more stability in bitcoin compared to most other altcoins.

This is why many people like me put a big chunk of their money into bitcoin, that way we get to not lose too much money while we can also try our hand in other stuff as well. Do not get me wrong, I am not saying do not buy ETH or BNB or ADA or whatever, those are still decent projects and when you combine all three together they are bigger than my bitcoin amount as well, but individually each of them are lesser than what I own in bitcoin.