๐Ÿ“ˆ ๐Ÿ’ฐ Bounty: Which one is the best cryptocurrency strategy for you?

in #steem-bounty โ€ข 6 years ago (edited)


Today there are hundreds of cryptocurrencies in circulation which attracts not only technological enthusiasts but investors in general. But is it safe to invest in any currency? As in any market, digital currencies also compete with each other. So the question is: ย ย ย 


ยฟWhat is the strategy of I must apply to have a successful start? ย 


I know it's a difficult question to answer because there are too many factors to consider, fortunes are built and demolished in a matter of seconds, new and exciting technology appears every day, and controversy dominates the earth, but I'm sure no one better than you to clarify this point. ย ย 

I hope your help and insurance will also receive a reward. ย ย 

<div class="text-justify"This publication is thanks to the information that @knircky, @lordoftruth, @famunger, @whatageek and @cryptotem have published the last days, with deep analysis, projections and clarifications. ย 

Remember in order to qualify for a reward by @steem-bounty, You must write a comment to the this post.

Project by @knircky & @famunger

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This project will help us to much. ๐Ÿ˜Ž

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Right now I think steem is underrated and the other cryptos are overrated.

@steem-bounty is very much helpful for all steemians...

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As we know this is a speculative market, but it's better to put money where it looks more soid. The best strategy for me is investigate and find cryptos that bases on their bases transmit more confidence and look more like they have the capability to give you profit.

You mean to study projects and invest in ICO, hoping to have profitability when they go on the market?

That's right.

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3 things to look at :

  • Project (is it solving an actual problem or is it more of a cash grab?)
  • Liquidity (this can work in both ways for gems that will soar when listed on big exchanges and other big coins with solid fundamentals its a sign of reassurance)
  • Team (Have they worked in the cryptospace before or been around for a while?)
  • PRODUCT! Do they actually have something to show?

Good luck all!

The team ... Yes a product is a must, Roadmap, Whitepaper.. and is their idea something that can change the world...

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Depending on the goals of the investors there are different strategies.

Daytraders are looking more for hypes, forks and actual news while the long term investors have to check the quality of the project. Is the project solving a actual problem? Does it already have a product or are they just talking like 99% of the shitcoins? Are they listed on the big exchanges and if not why? Is the team behind the project confirmed or even known? Are there other coins with the same goal?

As an investor you have to collect as much information and decide what you think is the best

That is a very difficult question to answer. The best solution I've come up with for myself is the 70/30 strategy I use. Maybe it can inspire you as well?

https://steemit.com/cryptocurrency/@cryptotem/the-70-30-cryptocurrency-investing-portfolio-approach-updated-v1-2

Good luck!

I have already read it and it seems interesting to apply, thanks for sharing. I would go for the play money segment.

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You need to be greedy :D:D

I buy.

I wait.

I sell.

That is all i know about crypto

It's your strategy and is valid. good luck!!

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