Unless you've been living under a rock, then you know that ETH, BTC, & all ALT's have been getting destroyed lately by unfavorable market conditions. I remember last year investors were telling me how BTC would never hit 10K. I bought into BTC around $2,000 and thought I was OVERPAYING! Later in the year I watched BTC hit $20,000! Now it seems as if investors are way more cautious with their investments. Last year you could put your money into dumpster coin and it was almost guaranteed to rise in price. This year, things have changed. BTC and other ALT's aren't short term money machines anymore.
Right now I have money invested in:
Crypto
- Bitcoin
- Ethereum
- NEO
ICO's
- CoinMetro
- Curazion
Precious Metals
- Rhodium
- Gold
- Silver
These are my investment choices for right now. What do you guys think of the crypto market? I just dumped AMD & Qcomm the other day for some pretty big gains in the stock market. The only thing I'm holding right now are crypto's and precious metals.
I think many will agree that cryptocurrencies are an investment with a very high risk, but as the practice of previous years has shown, the strategic investment strategy for long-term investment in top-level crypto-currencies such as bitcoin and etherium has always brought profit. This particularly applies to bitcoin, which has a deflationary model. In my opinion, your portfolio consists of reliable assets, simply the market can not grow without stopping, you need to wait.