Crypto Strategy

in #crypto6 years ago (edited)

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Obvious but valuable information on crypto-currency.

Investments 

First you should know to hodl ETH! Ethereum is on a break-out! Hold for a large 3rd wave! then a short pull back before a major move. Ether will Never be this cheap again!  Buy at these levels! HODL

The next coin of  Value is Litecoin. It’s almost  as widely available as BTC and ETH. It will inflate like BITCOIN and ETH remember it was 1 last year! At these levels HODL LTC! 

Look to Diversify into large market cap coins Dash Monero Zcash Neo are all HODL MODE! These coins will have massive market caps in a few years! Buy in small amounts until you own a portion of each coin.You can add XRP and XEM to that list also. The growth of these coins are slower but will scale very quickly this year.

OMG LSK WAVES ETC PIVX POPULOUS are the Mid Cap coins that you only need to purchase a few of each as the risk to return potential is greater when you diversify into great projects/technology.

Small cap coins are very risky and you will always buy them on the pump and sell them on the dump. I know from experience...


Trading 

If you are trading you need to be happy with profits between 1% and 20% on each of your daily trades. You can make more than enough trades per day. You should make gains on nearly every trade. Trying to make huge consistent gains will cost you time and money and turn a winning trade into a loser! 

Invest small amount of ETH into  coins not pumped in the major and obscure exchanges! Just look at the wicks of the candles it will show you how fast the pump can happen.

The returns will be more consistent with larger market cap higher volume coins. If you purchase pump coins you need to time your trade and be happy with 1% to 3% percent per trade during heavy volume and overbought scenarios! If you can squeeze 5% per trade thats very good. Anything more can put you into a risky position. Sell high and get back in when its oversold.  Watch the rsi sell around 70 and buy around 40.

It can be done quickly so it should be. In and out then back in and out until the volume and buy walls dry up all of a sudden after new the highs are hit.


My Positions

I HODL BTC LTC ETH DASH and PLR ICO.

PLR, as a speculation coin. Does anyone like the project? Have you heard any news? I heard it could be at ETH prices but not sure timing but it’s because it will be a platform for ICO’s like ETH!


ICO’s

ICO coins are great but you should approach a lot of them with small amounts of BTC/ETH and lots of patients. It’s best to own $5 of 50 different ICO coins and then forget you own them For awhile. That $5 investment will inflate over time to the point it will purchase 1000’s of times more then it does today! A dollar crash could inflate some of the tokens to BTC levels.


Steemit

Steemit will grow faster than most of the platforms on the Blockchain! I love Steemit and I am happy to be back! Steemit will be a super valueable commodity as The best Social Media Platform on the Blockchain!


Feedback

Thank you for reading I hope it gave you a good long term perspective on the market! If you would like to hear more of my  thoughts on Bitcoin or other topics like crypto currency, Cliff high, Jsnip4, Bix Weir. I would definitely like to hear  your Opinions Too!






Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.033
BTC 64222.08
ETH 3135.29
USDT 1.00
SBD 3.99