The new world of the digital currency is beginning to dominate the world of economics. Today it is possible to get rich overnight, we need to choose the right currency and enjoy its growth. I want to present to you my experience and strategies that have enriched me - I believe it will help you to enrich yourself too. There are various predictions, a large number of strategies and of course strong lobbies that promote certain crypts, and it is not easy to predict how much and when it will grow. No one can guarantee you a 100% for for some currency , but I will present you strategies and logics that work 100% if you apply it every day.
I have three types of investments - short-term, medium-term and long-term of investments.
Short-term investments relate to daily trading on the stock exchange. It's not crucial that you invest in a crypt, but in this option you need a permanent presence. Because within a few minutes big changes can happen.There are here, apart from your intuition, knowledge about a particular crypt and the crucial factor, whether you are following the leading stock market for a particular crypt, or trading on the secondary stock market ? If you are on the main stock exchange then it's ok but the changes are very fast, and you need to have the sense and knowledge to sell when the money falls, and to buy when crypt skipping, of course it takes a bit of experience and feeling. It's all a matter of training and habits, if you exercise every day, then at one moment you will become a real master.
If you're on the main stock market it's better for you ( make a comparison with the leading stock market ), because you can also see when the money is falling (you have the time to sell it because the trades are smaller on the stock market). And when money grows, you have time to wait for it to grow even more. These are small details that give you a great advantage. I trade on secondary stock exchanges and I compare the same currency with the leading stock market. We can achieve everything if we are patient , we need to be calm and cold-blooded.If you lose money ok, It is happens to everyone, but you should keep in mind that if you invested money, you should get off with a minimum of 2% of profits in one day. It is important that I really compare the profit with Bitcoin, I am interested in a daily profit of 2 to 5% versus Bitcoin. My goal is to earn a minimum of 15% every week. If I invest 1 Bitcoin, my goal is to have 1.15 Btc after seven days.
The medium term refers to the period between 2 and 5 months. Here, I apply another type of strategy, I analyze the details (currency history, the team of people who have that currency, forecasts of analysts and my intuition).
In this type of investment, a deeper analytic is needed, which is the currency I want to invest in, who is behind it, what is the turnover, what world experts say, etc.It is also important that there are two types of investments - A. In the money that is known (Known money for me is BTC, ETC, RIPPLE, MONERO, LTC, ETH , STEEM... etc.) and B. In the money that has the potential to return from the dead. Here, you need to invest in both options 50-50% ... Dead money always has a higher growth potential, but even greater risk. If it starts from the bottom, growth can be 1000-5000%, while the famouse money can hardly have that level of growth. We have another option, and that's the new currency that is being advertised. Let's say Steem is innovative with these blogs and in that way has a very strong campaign that will strengthen over time with every post, we have a huge influx of new users, new users bring in investors and Steem grows - its value at this moment is $6.12 USD. My personal opinion is that Steem will reach the value by the end of 2018 of at least $ 100. Because there will be over 20 million users on Steemit, which means about 30 times more than now - The other reason is that Steem has the fastest blockchain technology and this is a great advantage.
Long-term investments relate to a period of 6 months, as long as you want ...
This form of investment would be divided into two groups. To invest in a stable and well-known money, and in money that has great potential to enter that ring circuit. For me, the favorite was Dimecoin, the currency originating in the USA, 100% decentralized and I believe that this year will grow at least 10 times in comparison with Bitcoin. It's the money that came back from the dead, now firms from Florida began to accept it as money. Themselves enthusiasts have invested their time and money, because the boss is lost, now people are the mainstay of the story.
Everyone has his own strategy, the main thing is to let your intuition make decisions. It's important that we get the right result, I do not like to wander and to invest every day in a new currency. I select the maximum of 5 currencies in one year, that's all. Soon I expect the big growth of Bitcoin, means that other currencies will stagnate or fall. Bitcoin is the first currency, it is an icon of the new world and a leader in all markets. People believe in Bitcoin, it has become a new religion, it has better currencies like Steem, and of course I invested in Steem and Steem power. I wish you a lot of success on the stock exchanges.
Believe in yourself @dobartim
It could very well be a hundred by the end of 2018 - I wonder about the sign up process have they improved that ?
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I beleive in that my friend.
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thanks for upvote
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Good article some pretty good advice
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Excellent approach to the crypto-currency market, my friend! All of your strategies are justified by reasonable regulation on certain temporary investment sites and I'm sure it is bearing fruit. I, for example, stick to a long-term strategy and the Steem for this is optimal! Thank you @dobartim
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Exellent my friend
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if only i have funds for any of this... a good read nevertheless
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Go ahead
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correctly written, I support
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Thanks a lot
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Electronic currency has become the invasion of all countries of the world has become a wonderful investment and I invested it today
Your article is really wonderful
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Of course
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Thanks for the update @dobartim. I agree with the three different investment strategies you use, although my strategies are slightly different. I have about 6 main investments where the majority of my monetary investment is, then I have Steemit and a few other places where my time is what is invested.
All together, I like to diversify as much as possible to minimise risk.
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The one thing you need to consider are taxes. Governments are meeting at the World Economic Forum in Davos now and I'd be shocked if they didnt discuss cryptos, taxation, and regulation. In the US, we get taxed on every crypto trade, not just when it is converted to fiat. And if you sell within 12 months of buying, you are taxed at a higger rate, making frequent trading a much less appealing strategy.
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Yes taxes are important to consider. The simplest method is to try and find an accountant who is also interested in cryptos! I do think that taxes will help to bring about mass adoption more quickly though, as people will see cryptos as more permenant when they are taxed.
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Agreed. Tax laws assume longevity in the taxed asset. You better believe the government will want to defend their sources of tax revenue, making cryptos far more permanent.
That being said, I still shy away from the short term trading strategies. Day trading is stressful and not very appealing when Short Term Capital Gains tax is factored in.
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Main thing is focus
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I agree. Would really appreciate any feedback you have on my posts.
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I’m going to read this in detail and take notes later today🤓😉
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Thank you for support @reddust
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You are welcome my friend 🌀🙏❤️
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bitcoin is one of the biggest opportunities since the invention of the internet itself.... great times to be around....
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Of course
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yep
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I like your article and I have your folow if you have time to visit my bog because I am new member in steemit
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Thanks for stopping
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Ia teman
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My second time around has gone a lot better. I'm investing more time into the community as opposed to just trying to make money.
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Real choice
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Thank you....
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Great job
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this is mind-blowing, wow. what an expository article on making 2018 a fruitful and rewarding year for everyone.
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Real Time
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Gotta say I like this article, it's made me think about my own investing goals. Cheers
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Cheers
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Hello friend @dobartim the truth is that this topic is quite complete, this world of cryptocurrencies is growing and grasping momentum, the cryptocurrencies have to be clear that they are very volatile, today they may have a high price and tomorrow maybe they will drop by 50%, true is that we must know what is the best time to buy or sell, I really like your explanation, we always have to focus on making profits, thanks for sharing your information, for me it is quite useful. Regards!
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You are welcome
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Thanks my friend, you are very kind, very successful for you!!
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This is great I really find this to be so helpful. Thank you for helping minnows like me too.
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Thanks for stopping
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thanks for sharing it can really help
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Thanks buddy
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Excellent
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First of all thank you for these wonderful tips.
Do you think that Steemi Litecoine should be translated as a short term investment?
Now Litecoin is on a low level.
@dobartim
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Bitcoin is my first option
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100 dollar steem in 2018 is a bold prediction. I would be happy if it 20.
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Will be much more
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See my list of TOP 5 Cryptocurrency exchanges 2018 https://mykucoin.com Binance is #1 but see what else is there
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Thanks
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Excellence, interest article 👍
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Thanks
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Such a amazing post
@upvoted
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thanxs alot for such great tips and stratigies in am sure they will be really helpful!
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