[STOP] My Altcoin journey with small investment

[Imran232]

Hello everyone. If you want to know why I am creating this topic, then you can visit my topic regarding bitcoin investment. https://bitcointalk.org/index.php?topic=5362488.msg58029082#msg58029082 I already explained why I am doing such an experiment. Since that day, I've been conducting similar experiments with altcoins as well. didn't share it before.

Now I'll update my altcoin holdings as well. How much should I invest and in which project should I invest? 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.

 
MY INVESTMENT


WEEK-1 (24/09/2021) (DYDX/USDT) (2.1 DYDX=$25) $11.90.
                                         (TRX/USDT) (257.8 TRX=$25) $0.09696.

WEEK-2 (30/09/2021) (DYDX/USDT) (1.01 DYDX=$25) $24.55.
                                         (TRX/USDT) (292.9 TRX=$25) $0.08534.

WEEK-3 (05/10/2021) (UNI/USDT) (0.99 UNI=$25) $25.13.
                                         (TRX/USDT) (268 TRX=$25) $0.09327

WEEK-4 (13/10/2021) (trx/usdt) (520trx =$50) $0.09585

WEEK-5 (22/10/2021) (FTM/USDT) ( 19.88=$50) $2.5151

Note: This is not for financial advice. I have done my own research and taken action on it. If you want to do anything, do your own research. Because your money, your research, your actions equal your profit or loss.



Currently I am dropping this plan  for some of my others plan. But honesty speaking I am in a little good profit but I am not gonna sell my any alt what I bought in this plan. I am holding this money until 2025. If I can it maybe more longer.

[dbc23]

This is not a financial advice and certainly I have to do my own research. I have made mistakes when it comes to cryptocurrency investment in the time past where I invested based on hype and recommendations. Now even if the coins/tokens look too legit to invest in I will still have to do some research so I can decide when to exit and how much profit I have in mind. For my own research I will first start with (DYDX and TRX) will post my update soon

[Bitstar_coin]

The thing about crypto investment I have come to understand in my few years of being in this space is that there is a large amount of patience required for anyone to actually earn good profit, if you only looking for short-term gains it may not have a good outcome,

Assuming someone invest $50 on bnb back in 2017, invest same amount on btc, eth, waves, just within the span of 4-5years the person could have made good profit without doing anything, just hold and be patient, in the end what is most important is the ability to exercise patience through bull and bear market to enjoy the reward.

[Jackl87]

Interesting thread. 50$ per week is a reasonable amount and if you pick the right projects to invest in, then you can make some money out of that, but of course you can also lose your money, but i guess you are well aware of that. Also your first picks for your investment are pretty interesting. I have never heard of dydx before to be honest but i did some reading now after seeing your thread and that project sounds quite interesting, so that could be a really good pick for an altcoin investment. I am not so sure though about your investments into tron. It's been around for a long time now and i don't see a reason why the tron should suddenly surge in the foreseeable future.

[Coyster]

The thing about crypto investment I have come to understand in my few years of being in this space is that there is a large amount of patience required for anyone to actually earn good profit, if you only looking for short-term gains it may not have a good outcome,

You're not wrong, being patient and not panicking is very important in the network, I have seen people selling their stash out of fear only due to a correction period, which is pretty bad to say the least. But what users should know is that being patient sometimes depends on the coins in your possession, there are projects/coins that are actually short term projects that can only pump temporarily, and when they dump, it's over for the coin, the best thing to do with such coins is to sell when you have the opportunity to take ROI, if you decide to be patient and hold on to it for too long, you could be left with only losses. But if it's a great coin like Bitcoin, Ethereum you're hodling, then it's makes so much sense to patiently hold, because they are long term projects.

Now even if the coins/tokens look too legit to invest in I will still have to do some research so I can decide when to exit and how much profit I have in mind.

That's exactly the right thing to do for a crypto investor, many people have lost their funds just cause they invested when someone told them to, or they just sightlessly followed the trades and instructions of others, every investor or trader should always meticulously do their own research and come up with their own conclusions on the coins they want to channel some of their money into.

[livingfree]

Personally, I would like to say that I like your way of investing a lot. Since you have recharged yourself then you deserve praise for adopting this method. I think your method is very good

Methods that works for OP is good and you also have your method that might work for you. I wish you the greatest of this journey OP.

This small investment either be increased by more than 5x soon or you learn a lesson with this journey. Well, both are still great in terms of learning new things about investing.

[makishart]

Glad to see your experiment thread but it seems like that you must try to add the reasons about what happened with your dydx, if you have sold it and then you must also mention it in your thread or at least give a small note. Im a big confusing to see that there's no dydx after week 2 and what happened with it? Have you taken profit from your dydx and exchange it for UNI?
Your thread was worth to be watched as i rarely seen any experiment thread like this one.

[andriarto]

Personally, I would like to say that I like your way of investing a lot. Since you have recharged yourself then you deserve praise for adopting this method. I think your method is very good

Methods that works for OP is good and you also have your method that might work for you. I wish you the greatest of this journey OP.

This small investment either be increased by more than 5x soon or you learn a lesson with this journey. Well, both are still great in terms of learning new things about investing.

everyone's method may be different and I think the best is the one that is suitable for each person. because in essence, of course, all of them will seek profit according to their respective views about the market. the most important thing is that we still want to continue to learn, and analyze ourselves

[livingfree]

Personally, I would like to say that I like your way of investing a lot. Since you have recharged yourself then you deserve praise for adopting this method. I think your method is very good

Methods that works for OP is good and you also have your method that might work for you. I wish you the greatest of this journey OP.

This small investment either be increased by more than 5x soon or you learn a lesson with this journey. Well, both are still great in terms of learning new things about investing.

everyone's method may be different and I think the best is the one that is suitable for each person. because in essence, of course, all of them will seek profit according to their respective views about the market. the most important thing is that we still want to continue to learn, and analyze ourselves

Of course it is.

You don't do a method that don't work for you the 2nd and 3rd time. You can test every method if it works for you and if not, you have to give it up and forget about it.

We all are for the profit.

[OcTradism]

Your post is very colorful.

I know you are happy when you got profit but fast comes fast goes. Especially with altcoins. They will give you a dream of x5, x10 and some of them help to get profit. Dream becomes true but there is another truth about altcoins.

They will lose their values very quickly when the market is no longer bullish.

[Davian144]

Personally, I would like to say that I like your way of investing a lot. Since you have recharged yourself then you deserve praise for adopting this method. I think your method is very good

Actually there are many methods that you can run at this time as long as the method is still very profitable and feasible to run, but all of these things are always based on methods that you really master at this time so that your time becomes very valuable and is not wasted.

[mamesso]

Yeah, Everyone has their own way of investing. Of course what you are doing correct (in your opinion), Even though other people have a different view, will not change your decision to continue to invest weekly. If you want to make a long term investment, you should choose a project that has been proven safe and has a strong community, because basically the cryptocurrency market is very difficult to guess, anything can happen in a matter of hour.

[tiffcrz]

Hello everyone. If you want to know why I am creating this topic, then you can visit my topic regarding bitcoin investment. https://bitcointalk.org/index.php?topic=5362488.msg58029082#msg58029082 I already explained why I am doing such an experiment. Since that day, I've been conducting similar experiments with altcoins as well. didn't share it before.

Now I'll update my altcoin holdings as well. How much should I invest and in which project should I invest? 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.

 
MY INVESTMENT


WEEK-1 (24/09/2021) (DYDX/USDT) (2.1 DYDX=$25) $11.90.
                                         (TRX/USDT) (257.8 TRX=$25) $0.09696.

WEEK-2 (30/09/2021) (DYDX/USDT) (1.01 DYDX=$25) $24.55.
                                         (TRX/USDT) (292.9 TRX=$25) $0.08534.

WEEK-3 (05/10/2021) (UNI/USDT) (0.99 UNI=$25) $25.13.
                                         (TRX/USDT) (268 TRX=$25) $0.09327

WEEK-4 (/10/2021) (/) ( =$25) $0.
                                         (/USDT) (=$25) $. Upcoming

Note: This is not for financial advice. I have done my own research and taken action on it. If you want to do anything, do your own research. Because your money, your research, your actions equal your profit or loss.

If you are looking for a long term investment, Choose a project with real utility where your money is safe. One very good project I'd like to recommend is XSN - Stakenet's native currency.

Instant TXs and settlements
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Backed by an amazing team and community.

[Jontokhan65]

Hello everyone. If you want to know why I am creating this topic, then you can visit my topic regarding bitcoin investment. https://bitcointalk.org/index.php?topic=5362488.msg58029082#msg58029082 I already explained why I am doing such an experiment. Since that day, I've been conducting similar experiments with altcoins as well. didn't share it before.

Now I'll update my altcoin holdings as well. How much should I invest and in which project should I invest? 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.

 
MY INVESTMENT


WEEK-1 (24/09/2021) (DYDX/USDT) (2.1 DYDX=$25) $11.90.
                                         (TRX/USDT) (257.8 TRX=$25) $0.09696.

WEEK-2 (30/09/2021) (DYDX/USDT) (1.01 DYDX=$25) $24.55.
                                         (TRX/USDT) (292.9 TRX=$25) $0.08534.

WEEK-3 (05/10/2021) (UNI/USDT) (0.99 UNI=$25) $25.13.
                                         (TRX/USDT) (268 TRX=$25) $0.09327

WEEK-4 (/10/2021) (/) ( =$25) $0.
                                         (/USDT) (=$25) $. Upcoming

Note: This is not for financial advice. I have done my own research and taken action on it. If you want to do anything, do your own research. Because your money, your research, your actions equal your profit or loss.

Yes, it is possible to make a good income by investing now, but many people start investing without gaining knowledge about investing, then when they lose, they don't invest anymore, they invest in a way that only causes loss. There are rules to investing even after acquiring a lot of knowledge and making small investments gradually you have to go for big investments. And if one goes for big investments without acquiring knowledge about investing, then he will lose a lot.

[nimogsm]

I added this topic to the bookmark. I love such experiments, the main thing is not to stop and continue to invest, I think everyone will be just as interested in watching your progress.Perhaps in the future you should create an Excel table, so it will be more informative.
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+1 merit to you

[Ararbermas]

Its a good idea mate, wherein just invest every week if to make good profits rather than to put all in, actually you're not the one who use to do that way in order to accumulate profits, because there are some user here as well that putting $50 every week on his portfolio and the results is really amazing. For sure if you keep doing the same way as well, you can get a massive return after how many years. So keep it up mate.. 

[wiss19]

If you are really going to be holding these coins you have now for 10 years like you have said, then you’re really going to be cashing out huge on them. In 10 years time most of those coins you have invested in which includes UNI, Tron, etc. They’re all going to see a huge increase in a time frame as long like that.It is now up to you on whether you’re going to be able to maintain this your investment till that time.

If you are able to do that you’re going to be happy that you did. Investment is not all about investing everything at once, just like some people would prefer to wait till they have gotten enough money to invest at once which they never do, most times it’s best that you spread it like this and keep doing it until it has increased.

[btcluisdiki]

I believe, that investment should start from small amount and observe how it goes. From there, if there is good progress with your investment, perhaps you may able to add more investment and monitor it's progress from time to time. Later, you will be surprise of a better reward in the end.

[coin-investor]

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.[/b]

 
 This is not for financial advice. I have done my own research and taken action on it. If you want to do anything, do your own research. Because your money, your research, your actions equal your profit or loss. [/font]
[/color]

You can do long term investment because you are young with no big obligation, you have the time and the means to set up your goal and it's a good idea that you choose to be a long term investor everything start with a small investment until you are good in finding the right coin to invest, just take your time in learning the ropes and within two years you will reap what you sow today.

[inanilujimi]

Interesting strategy, worth trying to invest every Week $50 in different altcoins. and hope the next 10 years will be something bigger than you think. as long as you stay consistent, I'm sure you can become a whale in the future.