Quote from: X68N on July 04, 2015, 05:16:26 PM

Keeping Risk Reward in mind is in general a good idea.

But buying up 10% is overkill, you can't drop that amount without causing the price to fall.
Well its a "i want to be ultra rich fantasy", but be more realistic.
0.1-1 % is enough and easier to sell.
A big bag holder can controll the market price with his huge volume.
If you unload your bag to fast and or in to large chunks you can start a downtrend.
So the only way to sell such large amounts is in small chunks over 1-2 years.
So you must be really patient, and stress resistant.
In these 2 years the value of your bag can everytime fall or drop to zero.

How many different coins did you buy?

greetings

I own 10% and more on coins with market cap under $5000. I was buying it slowly during long period. I do not plan to sell all the amount at one moment. I want to buy all available coins extrecheap, to unload them from the market. This will help to grow them faster. If I buy huge % extra cheap, than there will be less sell walls during pumps. Price will go higher much faster. In the end, if the price pumps 10x, I need to sell only 1/10 of my holdings to be in profit. If it pumps 100x, I need to sell 1/100. In the end, I do not care if I sell everything, I just think buying huge amount in the bottom of extra cheap coins brings me lot of pump oportunities during uptrend in the future. The other advantage of this strategy is, I can buy really lot of many different coins. If there is 30 coins under $4000 market cap on cryptsy, I can buy 10% in all of them with 30-50 BTC. And I am 100% sure many of them will pump randomly even without any general uptrend. I checked my portfolio, and I currently own more than 80 different coins. I have 10%+ in at least 10 coins, and I have 5-10% in much more. I catched 3 big random pumps on them, like Judge, CACHe, CASH. Those 3 made me 20BTC profit. Of course I invested that profit again:)

PS: Since I am already heavily invested, I do not care to share my strategy. I will continue to invest my profit s from pumps to buy more of those cheapest coins, but I prefer if others join my strategy and help me to unload those coins from market.