YOU don’t want to be making that BITCOIN MISTAKE !!!

in steem •  7 years ago 

We saw the market crumble down the last month. This was an eye opener for most of us. I always said do not invest in any Altcoins that have less then 500 million in market cap and it is still my #1 recommendation.

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But we all want to invest in coins that have a bigger potential in making a big return, a 20 or 30 x. I would still say and recommend to invest 90% of your funds in altcoin with at least 500 mil in market cap and you can put that extra 10% in coins that have less then 500 mil but nothing under the top 100. If you want to take a bigger risk you can put (80-20) or (70-30) but i wouldn’t recommend anything under 70-30. Remember went investing in altcoins you always want to make sure you get a bigger return then to be investing in bitcoin. What does it mean? Per example, if you have 10k you want to invest and lets say you take that 10k and put it in ripple, if ripple goes up 50% you would have made 5k, but if bitcoin went up 100% you would have made 10k, so basically it means you want to make sure that your investment your making in any altcoin that is not bitcoin, should have a bigger return then what bitcoin is going to be in that same amount of time, if you are not sure about the coin you are investing in, i would recommend to invest it in bitcoin. Remember bitcoin is “King” bitcoin is the “Alpha” in cryptocurrency. So what are your thoughts ? #bitcoin #ethereum #litecoin #bitcoincash #cardano #ripple #stellar #neo #monero #dash #nem #iota #tron #eos #icon #crypto #cryptocurrency #binance #poloniex #bittrex #hitbtc #cryptopia #huobi #kucoin #bitconnect #bitshares #steem

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Stay with the leaders. Ethereum, Bitcoin and go for the newer coins with most promise such as NEO

I agree i think neo is going to he third very soon

I'm keeping 60% of my crypto portfolio on BTC, the rest is on ETH, SALT, STEEM, XRP and NEO.

But seems like the storm is still strong for cryptos.

Finger cross

Thats great pics you have