Post
Topic
Board Speculation (Altcoins)
Re: What are you gonna buy ? BTC LTC ETH ? other
by
Roukawa
on 16/04/2018, 13:23:58 UTC
I have recently been doing a lot of trading and have gotten a variety of tokens and some btc and ether don't what to do just yet and holding for too long isn't really working too well, how can i minimize my losses? reinvestment options?

Minimize losses: stop loss.
Maximize chances: hold utility coins.

Bitcoin. Litecoin. Ethereum. This is exactly the order of priority for me in crypto. Bitcoin will always and should always be more than half of my portfolio. Everything else relies on the success of the leader. Altcoins for me I always love Litecoin as one of the oldest projects. I still do not support Ethereum but I am holding it for a few years.

Look at utility first (then, therefore, Monero should be in that list).
I will substitute Monero with Litecoin or either I will diversify more my portfolio if I were the OP.
As what you have, looking at the utility of the coins is ensuring the future of your investment. That's the reason why it is advisable to have portfolio when you are investing or trading in cryptocurrency. Because if you have guidelines, you are directed with your investment.