Hey guys
So currently iv started playing with crypto about a month ago, and can afford to put around $100 a week into it. Iv made some investments into OMG, NEO, PAY, IOTA, ETC and XRP.
My question is, should i still be working my way to gaining 1 BTC first before anything? Price is so high right now and i have no idea how its possible when i can invest so little, hence why im just playing with the alt coins for now.
Any tips on what i should change? or what i should keep doing??
Thanks in advance
As many have already commented I'd suggest going 50/50, see bitcoin as a secure long term investment and alt coins as risky short investments.
You need to stablish exits; for example If given alt-coin has given me more than 110% profitability, then I sell as soon as the price drops (exit on 100% profitability).
Of course I've regret on selling several coins that went up 600-700% but is a secure way of duplicating my money.