Hello everyone!
New member here. I have been following crypto-currencies for years now (not super close, but aware of them). I had the opportunity to buy BTC at $100-400 and passed it up. I am not going to let them happen again! I have about $1k to invest in crypto. I want to diversify to an extent. I don't want 8+ currencies because it will be impossible to keep track of all the wallets and keys. I have done a little research and have come up with the following portfolio:
ETH 25%
XVG 25%
WAVES 25%
XLM 25%
I am open to changes and modifying the percentages. I currently own .5 ETH and 1.4 LTC that I will use to buy some of the other cryptos. Does that portfolio look pretty strong to you guys? Feel free to tear it apart! I would appreciate any input.
Thanks!
I think you need to wait for a while and check the price and the trends before you buy.
You mean until the correction settles? I was hoping to do so, but, at the same time, I don't want to miss the low prices (assuming they come).
It might very well be over already, so it's best to start easing in already and to average your buys/sales out. If you don't buy now and prices go back up you'll kick yourself, meanwhile if you start buying (spread out over time) and prices go down you'll still catch most of the discounts.