So, I am creating a portfolio of cheap coins based on both fundamental and technical analysis. I will basically invest $100-200 dollars in each coin. Investments will occur every two to three days. For this portfolio I will be selecting only undervalued less known coins having low circulating supply. These investments may very well go south as these are those coins which have yet to prove business models but then again no risk no nothing right. Even if one of those coins moons then it will mitigate the losses of others, that's what i am hoping. And i will provide the daily percent gains of my portfolio here.
Money to invest: $400
No. of Coins: 3
Criteria:
- coinmarketcap.com rank 100-200.
- Max supply < 100 Milllion
- Oversold in daily charts.
- Sustainable business model
Today's Investments:
- Cloakcoin (cloak): No. of Coins=19.00 ($130.91)
- Groestlcoin (GRS): No. of Coins=75.00 ($125.00)
- Metalcoin (MTL): No. of Coins=75.00 ($125.14)