Let's say that I have 35,000USD worth of BTC that I want to invest.
Thought about this strategy:
1) Finding coin with Market Cap of less then 500,000USD
2) Filter out all the coins with no advertised team behind.
3) Filter coins without any updating on blog/twitter/social media for the past month.
4) Finally - go through the coins and filtering out those who I personally believe are 'shitcoins'
5) Divide the 30K to those coins, leave 5K in BTC.
What do you think?
Thought about this strategy:
1) Finding coin with Market Cap of less then 500,000USD
2) Filter out all the coins with no advertised team behind.
3) Filter coins without any updating on blog/twitter/social media for the past month.
4) Finally - go through the coins and filtering out those who I personally believe are 'shitcoins'
5) Divide the 30K to those coins, leave 5K in BTC.
What do you think?
Not a bad strategy. I personally have something similar in mind at the moment.
I would try and leave a little bit more in BTC tho.
Good luck!