[STOP] My Altcoin journey with small investment

[Strongkored]

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.

Luckily, at a young age you have started to invest, you have to be disciplined with your investment targets, 10 years is enough time to see your investment give a good return especially if you choose the right altcoin it will definitely be very profitable for you.

[traderethereum]

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.

In his other thread, he starts with free money that he does not use, which is a fixed budget. You can read his thread on the first page.
$200 per month as a fixed budget is good as a start to buy bitcoin and some coins and use $50 per week for his investment.
Not many of us can do that because we usually just buy at a low price and only wait for some time and if the price increase, we will sell it.
If he can constantly do the same every month, he will see his investment will grow.

[JeWay]

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.

That's even if you never complain about changes in market conditions that often occur suddenly and have never experienced problems in your life, because to be consistent in investing it is already very difficult to run if the duration is for the long term, because everyone will never know when. he will encounter a problem that could cost his investment

[kanayaTabitha]

Great journey starter anyways keep persistence on any market condition, because i was also like you side aside of my salary everymonth back then but when the market crash i feel like losing hopes and decided to cutloss, and ended regrets at the very end when the price going ups again. Now i just started the investment habit again because i know it's for a long term investment just don't look at the price today but look at it 5 years later

[distr@yopmail.com]

You do good planning at a fairly young age. An important point in planning what you do in the next 10 years is choosing the right assets.
The long-term investment that you make will hopefully be a win for you. So far you have started investing in a good project. You must be consistent in choosing projects that are feasible for the long term. as long as you do well, I am sure you will remain safe with your investment.

[fuguebtc]

A very smart investment worth learning, man. Investing in cryptocurrencies, when starting out does not necessarily require a large budget. We can accumulate over time and if we maintain it for many years it will become huge. This idea is really suitable for those who want to get into crypto with little capital and minimal risk, and we can diversify our portfolio this way.

[gabbie2010]

An investment spanning 10 years is highly commendable, the OP has clearly done a research and picked those coins, hopefully those has  future potentials, I believed in the long run two or more of those coins would yield massive profits in 10X,20X, or 100X  thus recouping whichever losses that was incurred from other unyielded investment, I think it is well thought idea but it comes with a thorough research while being patience and well disciplined to continue to hodl for 10 years is not an easy feat.

[Gayong88]

Very interesting. If I may add, I also remember CZ's message about a good investment selection method https://prnt.sc/1vfmok7 at least this provides advice, an overview from a fundamental point of view with long-term investment methods. it means that it is not wrong to try the advice of people who are already successful and at least you have tried to apply at least to yourself.

[breathlessz]

Very interesting. If I may add, I also remember CZ's message about a good investment selection method https://prnt.sc/1vfmok7 at least this provides advice, an overview from a fundamental point of view with long-term investment methods. it means that it is not wrong to try the advice of people who are already successful and at least you have tried to apply at least to yourself.

Applying the references obtained through successful influencers is not a mistake because in essence they also often share good tips and methods for everyone through their social media accounts, so it won't be wrong to apply them to yourself.

influencers can also have an influence on the development of certain coins, they can indirectly move the market simultaneously, so this can affect market movements. especially for meme coins, maybe Alan's hype system often happens like this, and finally we have to be careful with this reaction

[FanEagle]

Small investment part is a lot better than the bigger investment part because more people can relate to this. Obviously the smallest amount could be increased, starting with $100 and then not adding more to it could be even better since I am sure everyone could work hard and earn $100, hell you can do signature campaigns and bounties to get there these days, it takes like 2 weeks to earn that much in just bitcointalk, let alone if you work for some other places as well.

At the end of the day, I believe we are in a situation where not many people have 40k to show for, but they do have 100 bucks and this topic will be very beneficial to those people to see what they can do, not what they should, but what they can.

[asus09]

Nice way with your investment coin although with small fund you use, but better to trade with short term where you can build profit every time without hold for several week later. I think is worth if you hold for long term but small fund for investing is not really enough and faster to get much profit, better use short term way for trading and then use your profit for long term investment depend which one coin do you want.

[errorcode99]

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.

I have great admiration for you, for taking this seriously and I hope you are committed to this goal whatever the trend, you put your money into a great project. I tried to do this before, I kept all my earnings from signature campaign and it took 6 months before I took profit, I can say I succeeded too.

[martina14]

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 (/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.

Well, if you earned in your strategy of doing trade here in cryptocurrency that is good for you.
If you think your doing the right thing, go and continue what you had started. But honestly, I am not
quite familiar with DYDX, and according to what I read hear to your topic there was already a problem
with it. But at least, you got out your capital over this coin, right?

[Slow death]

your strategy sounded good to me, but of course you need to take into account that altcoins can hardly reach 5 years with the same performance, competition is increasing and this makes the market have to share investors, do not invest in any altcoin for more than 3 years. Is just advice

2021 is the year of NFT. If you want to read about a real dark horse, then here's my advice - pay attention to such a project as Loot NFT. It seems to me that over time this project will blow up the market because it is more relevant than ever in our time.

I don't think your suggestion should be taken into account, especially if you say things that are uncertain about the new NFT project, because if the project is not able to blow up the market in the near future, it will blow up everyone who invests in it.

I agree, these NFT are a big risk

[dainoran]

Well, if you earned in your strategy of doing trade here in cryptocurrency that is good for you.
If you think your doing the right thing, go and continue what you had started. But honestly, I am not quite familiar with DYDX, and according to what I read hear to your topic there was already a problem with it. But at least, you got out your capital over this coin, right?

As long as i know, dydx token came from an exchanger airdrop, they give the tokens for their users. It has a good price, But i can't say it has a good potential for a long-term investment.
i agree, it is a Good thing for him As long as he Gain the profit continously with his own strategy.

[Patigi]

I am very happy with my altcoin investment. I purchased some shitcoin when it very low in price but now it has been increasing in price. When I wanted to buy the coin I told my friend to help me do research about the best altcoin that I can invest in, so he gave the name of the altcoin, I bought 20usd worth of the coin. When I bought it, their was no too much of hype on the coin, for few Days my 20usd worth the coin have turn 12usd, i was thinking to sell but my friend said I should hold for good five months to it market reaction so I decided to hold, after a month it started pumping. It has nine zero (0) when I bought but it has clean two zero now.i have make really profit for it.

[Williamm07]

This would make more sense if you start in bear market, 50$ worth TRX won't be 520 pieces anymore you might be getting 1000 TRX for just 50$, it's why I advice people to build portfolio for long term hold in bear market only, buying now is buying high, remember 70% to 90% loss always comes in bear market, that's a winning chance to buy

[bakasabo]

This would make more sense if you start in bear market, 50$ worth TRX won't be 520 pieces anymore you might be getting 1000 TRX for just 50$, it's why I advice people to build portfolio for long term hold in bear market only, buying now is buying high, remember 70% to 90% loss always comes in bear market, that's a winning chance to buy

Where did you get your crystal ball that forecast future? Take a look on October 2020 - the beginning of a growth. Those who has bought, made x6 in half a year. No one was sure that the market was bull that days.

I strongly believe that it is never late to buy. There will be always who has bought cheaper, and there will be always who will buy for a higher price. You just dont need to buy junk, dont rush and be selective.

You say that it was better to buy Tron during bear, because he would have got more. But this is same as saying he should have bought Tron in 2018, when the price was 1 cent, and he would have got even more.

[gurunanakji777]

I must congratulate you that you are on right track at the right age we were late when we know about the cryptos still I also earn good money by investing in cryptos and the majority of the profit earned by holding it for 1-2 years. You have good investment planning for the long-term I hope you will be successful in the end and a small-small investment will be a huge investment in the next 10 years if you hold it even anyone can start with a small-small amount like you are doing it If has some extra funds and wants to utilize it.

[aioc]

This would make more sense if you start in bear market, 50$ worth TRX won't be 520 pieces anymore you might be getting 1000 TRX for just 50$, it's why I advice people to build portfolio for long term hold in bear market only, buying now is buying high, remember 70% to 90% loss always comes in bear market, that's a winning chance to buy

The bear market is the best time to build your portfolio where the price of coins with potential are affordable and cheap I remember Bitcoin crash to $5k at the start of the pandemic imagine if you bought at that level you'll make ten times profit if you still holding, the bear market is the time when you wish you have more funds to buy, I have funds but unfortunately, we are in a bull market.