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
Even diversifying wont really give any assurance that you would able to rotate or generate income on monthly basis because profits or loses would depend on how the coins would behave its price and also this would depend on what coin you did put your investment on.Selecting coins would be the hardest part which you would really need to research first before putting on some money not just carelessly select any coins that you do like.