Quote from: sheryl26 on January 09, 2018, 01:34:50 PM

Quote from: HR on May 27, 2017, 02:23:26 PM

Perhaps not exactly "trading", but it just might be one of the shortest time frame investments you'll ever make. Wink

How about a portfolio competition?

Using todays price to establish opening position cost basis, the following portfolio has a minimum target of $100,000 (if everything goes wrong) and a maximum (still conservative) target of $1,000,000. (Explaining the reasons why goes beyond the scope of this friendly competition.)

Litecoin (LTC) 50%
BitShares (BTS) 10%
STEEM (STEEM) 10%
Syscoin (SYS) 10%
Nxt (NXT) 10%
PIVX (PIVX) 5%
NEM (XEM) 5%

Well see how it does. Wish me luck!

Full Disclosure: I currently hold many of these issues as long term investments (but not all at this exact time since Im still looking for a better entry on one in particular), and could purchase or sell any, at any time, and/or trade short term as well, with the weighting for this model portfolio being somewhat different from my own, where, for example, I am currently overweight LTC, BTS and PIVX.

http://i.imgur.com/MqTGARn.png

Edit: Forgot one very small detail at the time: the price of Bitcoin. It's highlighted on the 5 min chart below.

http://i.imgur.com/00lZU8s.jpg

It is not impossible though because of the volatility of all the coins and knowing that the altcoins are starting to make their way to the top this year because a lot of people are saying that some altcoins are now going to be bigger than bitcoins and that is a great thing to start investing to them. And as i can see on how you diversify you money it is great because litecoins are doing great too these year so i hope that those 10k will be 1m in the future it will just take years or maybe less we cannot predict it accurately.

When the sentiment in the market is that alts are going to overtake bitcoin that's probably exactly the time to be selling your altcoins and buying bitcoin, the market moves in cycles and alts cycle is coming to an end soon.