Post
Topic
Board Speculation (Altcoins)
Re: $5k Portfolio
by
Poink
on 13/03/2018, 17:21:09 UTC
Most people will just advise you to buy what they are already hodling. This is really a big issue in the crypto investment space - trust. Do your own research of each potential coinand make your own decisions. I think we will see more index type investments become available in the crypto market this year which should allow you to spread the risk across a range of coins.

I don't think it is a trust issue...true that people recommend what they hold because they believe in it to begin with (otherwise why purchase/invest on it?). 

Truth is, we all see different things on each coin/token.  Many will get it right but most will be mistaken.  Well meaning folks are eager to help and guide...not knowing/realizing they themselves are also lost. Cheesy

In the end, DYOR is the best answer so you will not have anyone else to blame but yourself it it fails.