Hey all,
Been investing in crypto for the last few months as well as trying to learn more about it. Initially downloaded Coinbase and deposited $1000 (50% - ETH, 35% BTC and 15% LTC). Since the initial investment I've been topping up each crypto depending on the market conditions (usually between $25 to $150).
Just wanted a little advice on whether it's better to carry on with this strategy and concentrating on these 3 cryptos for long term profit (1-5 years) or would it be advisable to increase the number of alts I have in my portfolio. Was looking at DASH, Ripple, Cardano, Monero, Stellar, NEO, Siacoin and OmiseGO.
Any advise is welcome
Been investing in crypto for the last few months as well as trying to learn more about it. Initially downloaded Coinbase and deposited $1000 (50% - ETH, 35% BTC and 15% LTC). Since the initial investment I've been topping up each crypto depending on the market conditions (usually between $25 to $150).
Just wanted a little advice on whether it's better to carry on with this strategy and concentrating on these 3 cryptos for long term profit (1-5 years) or would it be advisable to increase the number of alts I have in my portfolio. Was looking at DASH, Ripple, Cardano, Monero, Stellar, NEO, Siacoin and OmiseGO.
Any advise is welcome
I have not used coinbase. I'm not sure if you own the priv keys to the address where your funds are. I would recommend keeping only a small % of your portfolio in an exchange or where you plan to trade regularly and do not have priv keys.
Recommendation wise, I think this will be the year for privacy coins as more and more regulations are coming in - XMR, PivX, Zcash, etc.
You may want to check the privacy coin comparison here
https://bitcointalk.org/index.php?topic=2669844.msg27244101#msg27244101