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Showing 4 of 4 results by Thesee
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Board Trading Discussion
Re: Trading Advice...
by
Thesee
on 27/06/2017, 19:20:57 UTC
I'm definitely waiting until market correction - not trying to buy into a falling knife.
Your waiting may last infinitely as you will never able to figure out when will be the corrections ending. I like to suggest you to ignore altcoins completely and do focus on only bitcoins. Buy now some bitcoins for 10% of your capital and wait for one week time and buy again for another 10%. You will be into safer hand if you are ready to buy in average prices.

 I agree that it's really all speculation, but right now all coins are seeing a downward spiral - I'm going to try and catch the lowest dip I can. I'm only going to invest 2BTC right now so alts seem to be the best way to gain capital with such a low investment, hopefully with short term gains I'll be able to move money into more secure coins like BTC/ETC.
Post
Topic
Board Trading Discussion
Re: Trading Advice...
by
Thesee
on 27/06/2017, 08:33:32 UTC
no trading advice, please check here

don't trade for a year!

this strategy is really useful, if you trust Bitcoin, please never trade and just buy buy buy, keep and hold them, look for a right opportunity to dump! (such as now)

Yeah a lot of people already made big money from holding for years quite like with btc userd from then. And though now may be a good opportunity to dump, i'd still choose to hold. Who knows what may happen in the next few years, the forecasts are promising for the future of btc.

My plan is to hold 60% for the long term and use 40% for short term in every coin I invest in - hopefully, my short term gains will allow me to diversify my portfolio and create more long-term holdings.

Right now I'm just having issues with figuring out how many coins I should invest in w/ 2BTC - I don't want to thin my money out investing in a bunch of different coins, but at the same time I don't want to limit myself to just a couple.

Post
Topic
Board Trading Discussion
Re: Trading Advice...
by
Thesee
on 27/06/2017, 07:18:05 UTC
If you want an honest trading advice then believe only the ones that say everything is overbought right now. Stay away from altcoins until they have fully corrected. If you buy in now, it will probably result in paper losses, and it can be very frustrating looking at those in your portfolio.

Thanks for the advice, I'm definitely waiting until market correction - not trying to buy into a falling knife.
Post
Topic
Board Trading Discussion
Trading Advice...
by
Thesee
on 27/06/2017, 06:29:41 UTC
I'm pretty new to trading, currently trying to digest as much information as possible - just have a few questions that I would like to get opinions on...

I'm looking to invest 2BTC into the market. Since my initial is pretty low, I plan on investing the majority of my money into alts. I want to play 60/40 with each coin I invest in, keeping 60% into long-term holds and using 40% for short... hopefully, to get my initial back to invest into bigger coins.

My question is how many coins would be a healthy amount to invest in with just 2BTC? I don't want to spread my money into too many coins since I'll be holding 60% in each coin long term and only playing 40% in short, but then again I don't want to keep my portfolio too small putting myself in a 1 basket situation.

I'm currently looking at:

Siacoin < made 15% during the dip yesterday - wish I had my deposit in from Coinbase so I could've invested a lot more in the market dips, o well :/
Verge
Ark
Ardor
Antshares/NEO
Steem

Other coins I'm looking at as well:

BAT
Golem
Nxt
IOTA

Would appreciate any advice or input,
Cheers