Seeing how cryptocurrencies have been soaring, I have decided to make a bold move and invest a quarter of my total capital in cryptos. I am looking forward to invest for the duration of 3 months (maximum for 5 months).
I am not curious with your private reasons but I just let you know if you make loan to invest, it is bad. If you spend money from your pocket and have plans to reuse it in next 3 or 5 months, it is fine. You don't have to worry that you will be called by your loan interests and expiration.
But please afford any loss for your investment, and prepare it in case you will end with loss next 3 or 5 months. I meant the preparation can give you good mood and an ending that won't kill you.
Looking at past performances of various cryptos, I have decided to invest in 1inch, Bat, Atom, Sushi, ADA, wave and some in Bitcoin.
Do you think my choices are prudent?
Which 'cryptos' do you suggest I should invest in for a duration of 3 to 5 month?
Bitcoin, 1inch, BAT. Don't stay too long in altcoins as you can become more greedy and loss all.
Finally, it is for investment, not trading, not margin trading.