I'm pretty new to trading, currently trying to digest as much information as possible - just have a few questions that I would like to get opinions on...
I'm looking to invest 2BTC into the market. Since my initial is pretty low, I plan on investing the majority of my money into alts. I want to play 60/40 with each coin I invest in, keeping 60% into long-term holds and using 40% for short... hopefully, to get my initial back to invest into bigger coins.
My question is how many coins would be a healthy amount to invest in with just 2BTC? I don't want to spread my money into too many coins since I'll be holding 60% in each coin long term and only playing 40% in short, but then again I don't want to keep my portfolio too small putting myself in a 1 basket situation.
I'm currently looking at:
Siacoin < made 15% during the dip yesterday - wish I had my deposit in from Coinbase so I could've invested a lot more in the market dips, o well :/
Verge
Ark
Ardor
Antshares/NEO
Steem
Other coins I'm looking at as well:
BAT
Golem
Nxt
IOTA
Would appreciate any advice or input,
Cheers
All i need to say is that any coin you wish to put money into, do it intelligently and not be fooled by the "huge potentials" you have read somewhere or about one upcoming pump or the likes. Be sure the 2btc you are putting there is something you can afford to lose should in case that money does not come back considering the fact that there is no certainty in alt trading and also human factor is also something to consider.