I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.
1. Only invest 1% of portfolio
2. Take out initial stake after 3x gain
3. What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.
the point is you must invest what you can afford to lose mate
by the way, if you drop your money about 1% of your portofolio then another 99% you go to bitcoin, maybe thats a good decision, but for me its better to increase the percentage from your altcoins investment, maybe about 40%, because for now a lot of good altcoins project to invest mate
about 3x gain, i think you need to increase your patience, because sometimes waiting will make you boring
Altcoins can give more profit that Bitcoin.
here is articles about more promising altcoins that can give more profit than Bitcoin. What do you think about this altcoins? How promising are they?