Post
Topic
Board Speculation (Altcoins)
Re: My Crypto Portfolio. Will I be able to Retire in 5 years?
by
Radientgurkin
on 20/10/2017, 08:37:22 UTC
saddest portfolio ive evern seen, i hope its fake. otherwise u just burned ur life savings on shitcoins

thx moonwalker.

I'll remember to reply to this 5 years from now.



(This old thread caught my eye, pretty interesting how ppl love to trash talk.)

The idea that you want to invest long term in Crypto instead of daytrading is promising. This is an emerging technology and if you play your cards right you'll do great. What exact coins to invest in is pure speculation but since cryptos arrived we have learnt some valuable lessons:

1) Investing long term pays off!
Warren buffet says waiting is the hard part. But it's worth it.

2) If possible, use a hard wallet (ledger, trezor etc)
Crypto security may be sound, but firewall/password security on PCs and exchanges can and will be breached.

However, since you DID ask for portfolio advise I think having at least 80% in selected top cryptos (BTC/LTC/ETH etc) and rest in selected smallcaps is a way to go for the long haul.