Post
Topic
Board Altcoin Discussion
Re: Altcoins as long-term investment ?
by
bellaboots
on 19/09/2017, 15:33:23 UTC
Right now 99% of my holdings are in BTC, the other 1% ETH.

I´m looking to diversify my portfolio a little, the thing is I´m not a trader, I would like to invest in other crypto with the same mentality I follow when I buy bitcoin, which is basically buy, hodl and forget about them. Are there any altcoins that match this criteria ? Or this mentality applies mostly to bitcoin ? I don´t intent to keep checking prices every day.

I was thinking maybe 70% BTC, and 30% equally divided between LTC, ETH,RIPPLE and others.

Time will tell for sure, many might not be worth it but there are some that will have staggering returns - it might be worth a little speculation depending on your risk tolerance. If you put $1 each into the 50 - 150 list and 5 or 6 of them exploded it could be a nice return, even if you dumped everything else.