So it's my first time buying Doge for a year or two hold or maybe even more. I'm just trying to take advantage of the current dip although there is no assurance that this won't stop going down. I also bought a fraction of bitcoin during this dip.
So at the moment I already have Syscoin, Eth, Bnb, Gala, Chainlink, and Doge. Bitcoin remains 50% to 70% of my crypto portfolio. But I am also starting to weigh in if I could add more altcoins in my portfolio as they have the highest chances of increasing in the next major bull run.
Yes. right, and today is still very big discount. I finally got confused what to buy. I like the fundamentals but I'm also tempted by new altcoins..as you said there are huge opportunities if we choose and invest correctly.
The best thing to do is to just diversify mate. Say a maximum of 5 coins. You can buy 1 or 2 new altcoins and then the other 3 coins will be bitcoin and the other altcoins that are already at the top or at the very least continues to thrive like Syscoin. Syscoin is an old coin that is continuously being traded by the top exchanges and it also has decent trade volume so chances are slim of it getting delisted. Syscoin is also establishing its own all-time highs every 4-year cycle just like bitcoin. I am not promoting it, just stating it as an example of the coin that I am risking for possible high returns in the next bull run.