Hello community,
Like the subject says, Im seeking any kind of advice/tips for a strategic planning investment on altcoins. I'm a beginner regarding to crypto investments, I've been around for while, however, I started investing only 2 months ago.
So, what I was thinking as a long term strategy could be:
- Each month, invest 250$ into a max of 6 altcoins (250$ for each)
I can only afford 250$, but I guess it is a plausible value to invest. I like the idea if I can rotate 250$, each month, trough the 6 altcoins that I'm holding in order to increase the amount of coins, and get a higher ROI.
What are your opinions? Should i diversify more instead of trying to get a higher amount of coins for the alts that Im holding?
Share your toughs with me.
my regards
Winning the game will depend on how the price behave. But since price is unpredictable no way you can set a monthly goals since earnings here is not fixed.
I know you know now some bacics on how to earn since you will not entered this game if your brain is empty of knowledge. You know like I said there is no fixed amount that can rotate like you want since sometimes price dump and pump can lasts longer or on the other hand, no price movement will happen for a month.
Just set it these way, whenever you win, circulate it. Diversfying it will be your own decision so you need to do an actual moves here and see if that will be effective.