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RE: My crypto-investment strategy

in #cryptocurrency6 years ago

In my country the access to cryptomonedas is not as liberal as in other countries, however with some techniques I managed to immerse my toes in BTC and I found it interesting to highlight;

Step 3: Diversify Part 1 (middle capital)
This is where I really diversified. I bought $20-$100 in about 20 different currencies. Some were really worth it, and it's not always the best. I started with random coins that I knew something about, coins that I heard smart people say good things about and that looked legitimate: Icon, Substratum, Nano, Wabi, Ethos, Nuls, Walton and BAT are some of the ones I started. Some (possibly) non-fraudulent (exaggerated) coins like Verge and Tron are also fun to play with. Just buy low and sell high, and hodl if you think you like a coin (substrate I really believe in so I won't sell it). I regularly use some earnings and buy another currency if the earnings are higher than 25% compared to BTC. I also try to know enough about every coin I buy.

Diversification is a more effective way to have the movement of money, the btc is a base currency, it is practically the beginning of everything, at least for me it is, I have always wanted to incur in several markets, but this is often disturbing, when you know that you could fall into fraudulent operations, I think the key is to investigate a little about each project before each investment, I think it's hard work at first, but then you'll sit on the couch and watch your beads grow, I might add that working in this market is a practice not suitable for cardiac patients, since it's a rollercoaster ride of emotions with so many ups and downs that often arise along the way, tranquility and patience play an important role, so trust your instincts, happy day, thank you for these great tips.
Forgive my mistakes in English, I use a translator

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I spent two months researching 70% of the top 200 coins, mostly watching interviews with their founders and learning the purpose of the coin. That helped me so much with decisions. Protocols are usually good coins.

Your english was fine haha, Google translate is that good?

so I think you studied a two-month intensive, all right! my english teacher is www.deepl.com is much better than google

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