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