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
If you want a nice long term investment, you should do it with other crypto's like the ICO investments because you can get there a profit share every year but it depends in their platforms. Investing in top cryptos is like trading so this is short investment and not good for long term one.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
Totally agreed. Top cryptos are already gained some value, it is good to trade in short term. The point here is to catch good project during their ICO because most of them gives a lot of discounts like %50 or give a lot of bonus coins. For example eth lend, if you compare its ICO price to current price you will understand what I mean.