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Board Beginners & Help
Re: The $1000 crypto portfolio. I have some questions!
by
mintymoney
on 27/11/2017, 23:46:18 UTC
Quote from: joinfree on November 27, 2017, 10:46:56 PM
Waves is shit mate, i dont understand why you really want to invest in that altcoin, it is pretty dead and it will not give you any profits, because that is probably the only altcoin that hasn't been rising during the last few days.
There are better options on the market, IOTA Is one of the biggest altcoins that i have ever seen, they are probably going to be the best projects that we are going to have by next year.

How knows if the price would not make x10 or x5 during 2018? I really think that it is possible, just look at their devs, they are brilliant, and i really believe on all those things that they have been saying during the last few months since iota was released.

Why do you think it's shit? From what I've been reading , it looks like it could be a solid choice. At least enough to be a small portion of my portfolio.
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Topic
Board Beginners & Help
Re: The $1000 crypto portfolio. I have some questions!
by
mintymoney
on 27/11/2017, 19:23:23 UTC
Quote from: mapar on November 27, 2017, 05:26:27 PM
I have almost the same situation as you have. I am making a portfolio of 10 different altcoins + bitcoin to break the risk.
But what I do is to check every single cryptocurrency thoroughly and read all documents about it before I do trade.
I would suggest to do a complete research on every single one of them before going for it.
Is that what you are starting off with initially? 10 coins?

Most of the ones I am interested in are large market caps, so I am concerned about creating a portfolio initially with just large caps. ETH is going to be my main squeeze, but I am unsure how else to diversify it in the beginning.
Post
Topic
Board Beginners & Help
Re: The $1000 crypto portfolio. I have some questions!
by
mintymoney
on 27/11/2017, 17:05:38 UTC
Quote from: rbelkin on November 27, 2017, 04:43:30 PM
Your choice is good. But usually I hear recommendations for beginners to invest in btc or eth the most you have. and a little bit in alt if you want. As for me, I prefer to keep at least 90 percent in btc and eth. I'm pretty sure that nothing can happen to them. And I also believe in IOTA. I think it's good for a long term
So say I did start with mainly ETH and maybe 1 or 2 alt coins. What then? How should I add on to the portfolio from there? I see a majority of portfolios have 6-10 coins with varying market caps. How should I approach getting to a more diverse portfolio?
Post
Topic
Board Beginners & Help
The $1000 crypto portfolio. I have some questions!
by
mintymoney
on 27/11/2017, 06:50:15 UTC
Hello all,

I'm diving into the world of crypto. I find it fascinating. I have $1000 to invest and I'm curious how one would approach creating a portfolio in the beginning. (Yes this is money I am aware I may lose)

I see some people go full large cap, with large percentages in BTC and ETH (or the other top 5) with little to no alt coins, and then I see others with a much larger percentage in alt coins in the medium cap - low cap range along with the large cap.

I'm very interested in a few alt coins , but I am unsure how many to invest in the beginning since I am just starting out. My goal is to keep these coins long term. Is it wise to invest in BTC/ETH now and then when I get more money invest in alt-coins I see value in? Or should I get in now while certain alt coins are lower and invest in those first.

The alt coins that have caught my eye are as follows:

Waves
Adex
IOTA
NEO
OMG
LTC
Ark
Lisk


So I could use some help in terms of how many I should be investing in to start off with (with my $1000) and then how do I expand the portfolio going forward? There are so many interesting technologies to invest in so that's where my confusion lies. Any advice is appreciated!

Thanks for your time,