Post
Topic
Board Trading Discussion
Re: Road to 0.1 btc
by
Reatim
on 08/01/2018, 20:39:18 UTC
this is my new project this 2018
i got 0.004 btc and i just injected it to a trading site
so here's my strategy please help me decide Smiley
1. invest it in 1 altcoin (short term/long term)
2. putting  your eggs in different baskets
which means i will divide my 0.004 and buy at least 3 alt coin (short term/long term)

what do you think?

Whether invest in a short or a long term altcoin depends on how soon you're going to need your profit  Cheesy
What do you mean "need your profit"? Did you know that you should only invest what you can afford? So that you can really see and maximized your profit in the future because you are not going to touch your capital.

If the OP has only .004 BTC it would be advisable to just get into 1 altcoin and then when he gets profits, he can roll his profits and they start to diversity keeping the original capital on 1 altcoin. And the strategy should be also mixed as well. Long term is the best method but I would also suggest to do day trading more often so that you can quickly gain and again, re-cycled those profits. Specially in the last couple of months when altcoins is really skyrocketing because of those pumpers.