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RE: How Much of Each Cryptocurrency Do I Invest in? | How Do I Choose?
Very helpful post!
I agree with your strategy. Makes sense.
Question...in the vast sea of alt coins, how do you find your picks. There is so much tech info to wade through. Do you have a reliable source of meaningful info?
I have a process: I typically hear about a coin via twitter, friends, family, fellow steemians, etc. Once I find a coin that seems interesting, I go to its website and coinmarketcap to check its numbers. If I still find it interesting, I download their whitepaper and read through it. Whitepapers can get quite technical, but even those with just a little technical expertise can get a decent grasp of any given coin. If I still like the coin, I head over to social media and do more research - twitter, youtube, Steemit, reddit, etc... After all is said and done, it takes me quite a bit of research and usually several days to make up my mind, but if it seems promising, I'll add it to the portfolio.