Hello guys, I'd like to discuss with you about the strategy for investing cryptocurrency in 2018,
if your friend came up to you with $100,000 that he's willing to lose in the crypto market, how would you advise him to invest and why?
Here's the strategy I'm currently adopted in my own portfolio, I diversify in the top 30 altcoins and invested proportionally to their market cap,
it's basically a market cap weighted portfolio, and by this portfolio, I aim to achieve a better performance than just Bitcoin (benchmark.)
Firstly i will ask him what type of returns he will wish to see and the risk he is willing to take. In general wise i will advise him to invest a big percentage in ICO project and a minal percentage in BTC and ETH. The reasons that i am choosing this is ICO projects have more potential in earning more money, having BTC and ETH is more of a long term and safer approach.