Re: Any advice for a newbie?

Quote from: Poink on November 10, 2017, 03:42:06 PM

Quote from: cluelessaboutcrypto on November 10, 2017, 01:38:25 PM

Hi guys,

Newbie here trying to set up a crypto profile. 1 month ago I had heard the name Bitcoin but didn't know what it was other than a digital currency and had not heard of any alt coins so bear with me Undecided

I don't have a huge amount to invest, thus far i have 0.13 BTC and 2 ETH, 2.6k XRP AND 50 OMG. I want to keep adding to this and keep it for as long as needed, i am not really interested in trading as i don't understand this space enough to do that.

Any ideas or thoughts? Should i move any of these around? Concentrate on adding to bitcoin? Add to XRP/OMG etc etc???

Also i have a ledger nano s en route to keep my coins.

cheers

I think you are doing very well. Actually, your portfolio distribution is better than most I see posted here.

Hardware wallet choice is excellent so I think you did your research well. Continue what you are doing and add coins that you believe in. Avoid day trading until you learned enough.

If I may recommend, check the following coins (not to invest on them right away but a short list to check). I invested on MOST of these myself.
ARK, NEO, ZEN, RPX, GAS, KNC, LINK, STRAT, ZRX, WTC, VTC, LSK, XSPEC, REQ

BTW, I did not mention BTC, ETH, and OMG since you already have them. Wink

Good luck!

You are ahead of the game and in the minority because you have started investing early. Over the next 3 years, the crypto market is going to explode and will look completely different. Poink pointed out some great coins to look at. Some of the ones I will highlight and say to look at as well are: REQ, NEO, LINK, ZRX, WTC. Some of the other ones I would suggest looking into is IOTA, WAVES, ENJ, DNT, BAT, SNGLS. You don't need to nor should you invest in all, but at least have a look at them. I would highly recommend looking into REQ right now as it's completely undervalued and will have a huge year in 2018.