Top 6 Cryptocurrency Investment Strategies For 2018
Hey guys, today we gonna talk about Top 6 Cryptocurrency Investment Strategies For 2018.
The first strategy is HODLing Bitcoin
This one is pretty simple if you really believe in bitcoin and the disruptive potential of blockchain technology. All you have to do is just to buy bitcoin, have patience and hold it. Currently, bitcoin is the king of cryptocurrencies and it’s the most influential currency on crypto market. If bitcoin grows, the whole market grows. And vice versa. This strategy is very good in order to try yourself in cryptocurrencies and learn the psychology of the market.
The second strategy is Trading
What you need to do is to buy low, and sell high. This strategy is the most risky, time-consuming and difficult. According to statistics, only 5% of traders win. Other 95% loose their money. Yet, if you have enough free time, luck and free money that you’re ready to lose while learning, you can dig into trading, take a good course, and try this strategy.
Ok, the next one is Top-10 Coins
That’s my favorite. It’s pretty similar to the first strategy but it’s more diversified. Using this one, you need to buy Top 10 cryptocurrencies.
Let’s have a look at the top 10 currencies by market cap. We have here Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, NEO, Cardano, Stellar, EOS, and Monero.
All of these have very high potential. A lot of people and companies trust these coins and invested in them. These coins are the most insured against losses, in crypto market terms. At the same time they still can double, triple or even make x10 in one year.
Of course, few of them might disappear but the gains of the others may cover them and give you a decent profit.
I call the forth strategy Shitcoins
Choose few chip new coins that were not pumped and dumped yet. Learn some information about their products, team, advisors, read their presentations. If you trust them, buy some. Lie low, have patience and wait until any of them goes x10 or x100.
ICO’s
For those who don’t know, ICO is like an initial public offering but for cryptocurrencies. There are tons of ICO’s running every day. Usually, you can buy a token during ICO much cheaper than after it’s listed on exchanges.
You can find the list of running ICO’s on the special listings. I’ll put few links to the video description.
https://www.coinschedule.com
https://www.ico-list.com
https://icorating.com
https://icotracker.net
https://www.icoalert.com
https://tokenmarket.net/ico-calendar
Note that if you’re from United States, you can not take part in every ICO. That’s why at first, you have to find out if you can participate in specifically this ICO.
Cryptofunds
There are a lot of funds that are specialised on cryptocurrencies. If you don’t have a lot free time or don’t want to think a lot, you can just entrust your money to professionals and relax. The only thing is that you have to do some research at first, and choose the right cryptofund you can really trust to.
So, I just shared with you the 6 best cryptocurrency investment strategies. Choose the strategy you like more OR even mix them up in accordance to your goals, your free time and the risks you’re ready to take.
Don’t expect that you’ll make huge money in 1 week or month. Don’t be afraid when your coin is going down. Because it’s totally ok for cryptocurrencies to dip and rise twice in few days or weeks. That’s why crypto attracts so many people nowadays.
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Wishing you smart decisions and luck in your investments!
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