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.
Investing when you are ready for everything, ready to lose all your earned money, ready to endure the discomfort and stress... has a lot of things that need you to be ready. This market will eliminate you if you do not understand it, investing in knowledge is a better approach than investing money in this market.