Hello everyone, my first post here, hopefully I can realize my dreams with help of the community.
I'm planning to do an initial investment of $500 in crypto currencies. $100 for 5 separate crypto currencies. I'm thinking of XRP, Adcoin, maybe Ethereum and 2 more. Any advice related to the choice of coin?
My goal is to find at least one Unicorn which will generate me maybe $30k in the next years. Which coins would you invest most likely in to achieve this goal?
It may be very difficult to get to $30K with a $500 and distributing it into 5 coins/tokens as that would translate to 6,000% gain.
When you say in the next years, are referring to 5 or 10 years? The time horizon is essential and critical. Your risk tolerance as well - will you sell the token/coin if you lose 80% of it's value.
Best to find a "unicorn" that is currently doing an ICO/TGE and place at least $250 on it. Perform due diligence - Caveat Emptor!