How To Build A Crypto Portfolio
Hey Cryptopeople
today I wanted to share with you on how I build my crypto portfolio. :)
First we have distinguish between the different kinds of cryptocurrencys!
My favorite Crypto types:
- Currencies(BTC,LTC)
- Privacy Coins(Monero,PIVX,Verge)
- Staking(Neo)
- Masternodes(Dash,Statis)
- Platforms(Steem)
- Builders(ETH,ADA,Lisk,Neo)
Now you have to think which crypto type is going to deliver you the most returns on your investement and in which type you want to invest how much in % of your money.
For example:
- Builders 25%
- Platforms 20%
- Currencies 20%
- Privacy Coins 20%
- Fiat cash reserve for dips 15%
Now we split up the certain types into different projects we like:
1 Builders 25%:
1.1 ETH 25%
1.2 ADA 25%
1.3 LISK 25%
1.4 NEO 25%
2 Platforms 20%
2.1 Steem 100%
3 Currencies 20%
3.1 BTC 100%
4 Privacy Coins 20%
4.1 XMR 25%
4.2 PIVX 25%
4.3 Verge 25%
4.4 Komodo 25%
This is just an example of a way you can approach this topic!
You should also distinguish between high risk and low risk projects!
If you invest for example 70% of your money in BTC and leave 30% for ICO's you should always diversify your investments. Don't put all eggs in one basket!
It is always important to accumulate the coins you want to invest in never buy or sell all at ones!
Scale in and scale out! :)
If you want to see how I research an ICO and decide if I wan't to invest or not, you can have a look here if you like:)
https://steemit.com/steemit/@flojo99/j0v8axae
https://steemit.com/blockchain/@flojo99/aqiau0st
If you like this post please comment, upvote and/or resteem. :)
Please follow me on Steem if you want to be informed about the latest ICO's and Crypto related news.
Check out my Blog for other interesting topics! https://steemit.com/@flojo99
This is not investment advice, as always please do your own research!
Happy gainz :)
Thx for sharing i like it ! :)
I try my best! :) Happy Gainz!
Well that's great information I was looking to invest in ADA with my SBD.
ADA is a nice really rock solid project I think. Always buy in steps!
For exapmle you want to invest 1000$ in ADA you buy 250$ when its 0.3$ than you can be happy to buy some more if the price drops!
I think the most important is to know why you buy a coin (longterm/shortterm).
When Steem price drops I'm happy because I can buy more! :)
Happy Gainz!
If we put money like in this percentage table, will we earn better than putting all money to 1 coin? What do you think about it?
Well that depends:
If you invest in multiple coins your risk is spread on different projects. So if one of these projects failes and the coin is basically worthless. You still have the other Coins which can deliver value down the line!
If you do this of course you might gain less but you also have less risk!
Always look at your risk reward ratio and what you can affort to loose!
When you put all eggs in one basket you have to be right! And if you are wrong about the investment you are screwed! I hope that doesn't happen to you! :)
Of course it always depend in what you invest if you just buy BTC or ADA and nothing else you will most likely be ok! :) But if you do this you most likely not see 10x to 100x your initial investment!
Just my personal opinion! :)
Happy Gainz!
This makes sense lol. Thank you for detailed information.
Your welcome! No worries! :)