How to build a crypto portfolio + my own portfolio breakdown
I'm talking about investment strategies on my channel today. I also included my full portfolio breakdown so you can see how I approach crypto.
I'm talking about investment strategies on my channel today. I also included my full portfolio breakdown so you can see how I approach crypto.
Here are some of my principles for Crypto investing -
Superb Summary, JerseyNash! We fully agree with these bullets. This should be located in front of your display!
The Best way and the most reliable one - find the gems (fundamentally strong projects which have strong team, a product in the mind to solve an important issue with high utility value). Ideally, it should have a reasonably deep moat vs. competitors. This is the recipie for success! Earlier or later the market will recongize the value of the project and will award you with immence profits. Real life example, RLC token (iExec) >+100% on 12 January! This pick was included in our portfolio yesterday and published here https://steemit.com/crypto/@p2port.com/crypto-portfolio-high-quality-crypto-assets-for-long-term-growth-created-on-11-january-2018
Dude you're excellent, that's really good advices ! This is advices from someone who loves more crypto than the cash itself, I upvote and follow you for sure !
Hey jerseynash, excellent points! But also throw in some wild cards. A little risk here and there is ok. Keeps life spicy :)
Are you investing in cryptos? Or are you trading cryptos as an alternative to jerking off?
And one more thing to take into consideration - > never invest into coin / project which cannot justify why they actually need coin in first place. If project can exist w/o coin, then it's all about speculation.
That's some valuable info, thanks! My problem is being too diversified lol...
Here's some value to you, technical analysis on BTG:
Bitcoin Gold (BTG) - Analysis (162% POTENTIAL PROFIT) https://steemit.com/bitcoin/@benkalashnikov/bitcoin-gold-btg-analysis-176-potential-profit
Good buy trade on this penny crypto
source
https://steemit.com/altcoins/@salahuddin2004/5qquhb-loopring-will-loop-out-to-usd-3-06
great summary. i think not being afraid to take profit could be a good point. i like to plan on taking a % at certain levels to reinvest in something i have that is currently down (and still believe in) or put towards a coin I have on my watch list
Thats great summary.. Loves Crypto and Cash in this high risk market.. Thank You..
Great advice. The most important thing to remember is to NEVER invest more than you are willing to lose.
Just watched a video of yours on youtube "top 5 altcoins that will make you rich in 2018. I couldnt stop laughing and it was very informational. Needless to say you got a new follower on both youtube and here on steemit. Resteemed
You have always gave me top notch info, thanks for this post @dougpolkcryto
0 Bitshares, 0 STEEM & 0 EOS ? What's going on there Doug, any specific reason?
still has great picks, you cant have them all. but i hold both EOS and BTS. i think both have great potential. EOS at under $1 was a no brainer to me.
Maybe he has questions about the teams on these coins?
Man you're pretty into the Bitclave and Wax, I was looking at those
Wax i like. I wish it was on better exchanges. already in the top 50 market cap while not being on a major exchange and has not even broke out yet. I feel this is a safer play, maybe not a huge spike in profit but i dont really see this going down much in a worst case scenario
Yeah I'm not on any of the exchanges it's on but I feel like as a nerd gamer that nerd gamers and their custy skins could be something that could take off
was about time you showed your porto why is everybody scared to show their porto but quick to tell you what the next best thing is
none off these guys are transparent
The best part of the video is the advice of don’t put all of your eggs in one basket. Diversified investments make overall risk lower. Also about the advice of being cautious and moving re conservative when someone has an obligation towards their own family. Loved the info that has been shared. Definitely going to check on the website to learn more unbiased info about ICO’s. And can’t wait to see your new video next week.
Thanks for the video @dougpolkcrypto :)
It made me think ahead that bitcoin dominance will eventually fall in the long run, as we can see the rise of altcoins. But, that fall would not hit below zero, maybe above zero and bitcoin may hit more than a million in value. I guess it would happen more than a century from now.
I believe in bitcoin long term and forever term.
lol that gif tho.
Love that gif.. :D
Long term Bitcoin, probably. But not for everyday use and not for everyone. Just 21 millions are pretty small number for the billions people. It really is just more like gold.
Yep!
Great video, I agree with your strategy in investing more in the larger coins like bitcoin and ether. I think crypto currencies are experiencing very high levels of volatility because the industry is in its early stages and much higher volatility than most people find comfortable. So for your typical investor, investing a larger share in the safer coins is prudent.
Nice video cheers!