My Strategy with Crypto [Questions Inside]

[mironkraft]

Hello there

I still have my teories about bitcoin, crypto, etc. I decided to invest 50€ in some coins with the objetive to hold and if the market makes them rise, I will get that 100x or 1000000x (I am assuming it is day by day more dificult, but not impossible)

Also to learn how works all this up and down, and psicologic facts before I invest real money

Rigt now, holding:

Crypto.com
- Dogelon +3 million coins
- ShibaInu 145K coins

Crypto.com Defi
- TONIC +3 million coins

My strategy is to invest in shitcoins 5-10 euro and hold them, I know isnt the best, but im more concened to invest my money in Value or Indexin for now till I have more knowledge about investing in crypto markets

Could you give me some advieces of this type of coins wich you have consider to get?

Could you give me some coins (not shitcoins) to spend some money to check status and use them for my entry?

Thanks!

[mironkraft]

Hi there!
Happy New Year!!!

Anyone giving me some adviece?

Thanks!

[bitbollo]

Could you give me some advieces of this type of coins wich you have consider to get?

Check this:

...
I made an experiment taking in account some "suggested coins" from this topic
https://bitcointalk.org/index.php?topic=2106360.0 "The next 100x or 1000x coin",
(people here trying to guess/suggest the coin that could receive a big pump during end of 2017 early 2018)

At December 2020, it means after 3 years, I get following results:
13,18% Reported a positive evaluation.
10.83% Reported a 0 (total loss)
the others just negative results (prices go down).

(full post here https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xpnnjwq )

Could you give me some coins (not shitcoins) to spend some money to check status and use them for my entry?

Ok some altcoins have a positive outlook in a long run. But this is around 1 each 9 project!
Slightly better, 1 each 10 project can be a COMPLETE FALL (0 value!).
Even a positive result doesn't mean a better result then bitcoin itself!

Moreover ....Why you choose coin A and not coin Z? how did you evaluate a project as valuable or not?
... are these projects really decentralized? are you able to understand the code and real use-case?
If you pick random altcoins ... this is just an high risk of waste all of your efforts.
You can earn more money without choosing a random altcoin. It would be easier and maybe with less risk.

[GreatArkansas]

(....)
My strategy is to invest in shitcoins 5-10 euro and hold them, I know isnt the best, but im more concened to invest my money in Value or Indexin for now till I have more knowledge about investing in crypto markets

Could you give me some advieces of this type of coins wich you have consider to get?

Could you give me some coins (not shitcoins) to spend some money to check status and use them for my entry?

Thanks!

Expect that there will be some members who will start to advise you about shitcoins, "avoid shitcoins", "bad decision". For me nothing is wrong with your decision, I know someone who is not that techy and started only to own the first cryptocurrency is a meme coin before and this friend of mine made huge profits for that meme coin before even she just started after me.

So, yes, you have also a good decision not to all in because as we know and you already admitted that these are shitcoins.

[Maus0728]

I'm not sure man, but I came across this subreddit post^[1] that discusses how to spot gems in a sea of shitcoins, and it appears that the replies on that subreddit are pretty useful, especially for newbies alike who want to try trading altcoins for the short term.

[1] Not every new coin is a shitcoin: How to spot the real GEMS inside the sea of shitcoins

[Doell]

found gems in a pile of junk good luck with your investment can I ask you back ,why did you invest long term in shibainu and dogelon that made the market uproar with memes last year ,well now it's 2022 so maybe there will be new hype that can make the meme trend fade for a moment ! waiting for a new trend is better than taking some risks

[Synerggy]

OP kindly replace those coins and tokens you choose to Polkadot, avalanche, solana and if you are looking for something more cheaper under 1$ maybe go for GALA, metahero, Alutra, saito and many good altcoins not shiba or doeglon they are shit coins

[vv181]

If you are trying to find out how the market works within this space, I don't think seeking a piece of knowledge in investing shitcoins is worth the effort. Not to mention that you are also trying to know yourself at the psychological level.

My strategy is to invest in shitcoins 5-10 euro and hold them, I know isnt the best, but im more concened to invest my money in Value or Indexin for now till I have more knowledge about investing in crypto markets

You stated by yourselves that you know it is not the best strategy, why wouldn't you try to find the knowledge by using a more suitable way? I belive there is a better way to have skin in the game on the cryptocurrencies market, and by expecting the shitcoins would rise up 100x or 10xxx times, it rather would questioning are you rather try to find out the market or expecting to have the luck that some small percentage of random people that gaining huge profit.

[mironkraft]

OP kindly replace those coins and tokens you choose to Polkadot, avalanche, solana and if you are looking for something more cheaper under 1$ maybe go for GALA, metahero, Alutra, saito and many good altcoins not shiba or doeglon they are shit coins

I will check them, and thanks for all coments, will help me to go futher

[kotwica666]

Hi there!
Happy New Year!!!

Anyone giving me some adviece?

Thanks!

The projects you have chosen to invest are already known and their prices have already been pumped. In my opinion, their prices are more likely to fall than to keep rising.
You should focus on new projects that appear on the market and are still fresh.
At the moment, the most developing industry is virtual reality.
You can review VR projects, for example, here: https://www.coingecko.com/en/categories/metaverse

[flip4flop]

Shitcoins are really just a gamble at this point, especially grabbing ones that have already mooned last year and have since been doing nothing but bleeding out. Sure Elon could put a tweet out that spikes DOGE or FLOKI or something similar but until then unless you got in a day or two before by luck you are likely just going to watch your investment slowly bleed away. I think a better strategy would be to invest in some upcoming P2E gaming tokens or blockchains with some upside potential. The first ones that come to mind are IME, CRA, ALGO, and maybe some smaller projects like DPR and PLANETS that all have huge upside if roadmaps are met and actually have a solid team behind them all.

[mironkraft]

I'm not sure man, but I came across this subreddit post^[1] that discusses how to spot gems in a sea of shitcoins, and it appears that the replies on that subreddit are pretty useful, especially for newbies alike who want to try trading altcoins for the short term.

[1] Not every new coin is a shitcoin: How to spot the real GEMS inside the sea of shitcoins

I fully readed today... incredible, it is kind a science to achieve to know wich one could be the next moon.

Thanks for your share, appreciate it.

[Eltharion]

I'm not sure man, but I came across this subreddit post^[1] that discusses how to spot gems in a sea of shitcoins, and it appears that the replies on that subreddit are pretty useful, especially for newbies alike who want to try trading altcoins for the short term.

[1] Not every new coin is a shitcoin: How to spot the real GEMS inside the sea of shitcoins

Thanks for the information. Greatly appreciated!