Hello, this is my first post but have been reading a while. I registered because there a few users who really seem to know what they're talking about.
I have a lot of questions so please have patience
I'm going to be investing around $100k into a few coins. I don't understand the logic of investing in 15-20 coins and investing solely in 1 coin seems a bit risky. My first question is regarding the big stable coins.. I want to invest at least half of the $100k into a coin such as btc, eth, ltc
Out of the the big coins, which would you recommend as the best bet over the long run? My definition of long term is 3 years minimum. I feel very safe investing into btc but if the consensus is eth or ltc I'll take that into consideration. A mix of 2 of them is also something I'm considering
Now to the altcoins. I'll likely be starting investing in some altcoins within a week or 2.
Which altcoins are you guys really really hopeful of? I'd like to divide this into 2 cases.
Altcoins which will be a boom in the long run and should hold.
altcoins which will see a huge boom within a few months/days/weeks to a year which then might dip or crash. I'd get out of these coins during the pump and buy more btc/eth etc then repeat the process.
I have another questioning regarding withdrawals and trading. I'm currently in the United States and there's a lot of restrictions it seems. I'm cut off from many markets. Can I accomplish most of this while residing in the States or would it to be beneficial to get a residency permit in a place such as Curacao or the Netherlands?
Finally, let's say I make a very large profit and attempt to withdraw into a bank account or into another wallet, should that nott be an issue? Which exchanges should I be looking at? I'm currently using Bitstamp mainly but now have an account on Bitfinex. Fantastic board here