Ok guys so I have 500 CAD left to invest in altcoins, I decided to invest 3000 CAD in bitcoin and leave it like that. So for that 500 CAD (377 USD), please tell me if this makes sense. (I want to own a broad portfolio of multiple coins that have good odds for the future). All amounts are in USD for a total of $370. I'm open to suggestions
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With a capital of 500 CAD (377 USD), this is a small capital category in my opinion so there is no need to invest in a lot of
coins. Later is difficulty to monitor and the resulting profit will be too small. Suggestions from me 300 CAD invested in
Bitcoin (BTC), then the remaining 200 CAD is invested in altcoin such as Ethreum (ETH), Binance Coin (BNB) and Litecoin (LTC).
For bitcoin investments long term, because bitcoin price movements are slower than altcoins. While for altcoins it can be long-term
or Short-term it depends market situation will be seen when we enter the market.