If you're interested in a long-term strategy, I'd suggest you a very simple conservative strategy:
1. Split your investment into top10 coins by market cap. You get lower risk and average profit.
2. Rebalance your portfolio once in a month.
3. Enjoy
1. Split your investment into top10 coins by market cap. You get lower risk and average profit.
2. Rebalance your portfolio once in a month.
3. Enjoy
Sounds easy and logical. Except, what top10 you mean?
For example the top 10 of https://coinmarketcap.com/
- Top10 on Cryptocurrency Market Capitalizations
- Top10 on Monthly Volume Rankings (Currency)
- Top10 of... ??
edit: Sorry, my bad.. English not my native language. You wrote it..
From what I understood, it was top 10 based on market cap.
Its not complicated for newbies. Just Buy and Hodl you coins whatever it does. At the end you will be a happy newbie.
P.S. Don't buy shit coins
P.S. Don't buy shit coins
Haha amen to that. I bought several TOP 10 alt coin that seemed interesting from the research I did (ETH/NEO/OMG/IOT/XRP), with just a little bit of risk. For BTC, I'm waiting for the prices to stabilize to buy at the optimum price.
I'm planning to get some XMR/NEM but I need to switch to another echange platform for that (I was on Binance, and will go to bittrex, but I'll keep both).