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/biz/ - Business & Finance

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5303201 No.5303201 [Reply] [Original]

how diversified my portfolio should be? question to anons with minimum x10 this year

>> No.5303799

I have x2.5 in a month and a half if that counts.

You want to diversefy depending on how much money you put in imo. If you only have $100 you won't get to Lamborghini land by putting like $10 into 10 different cryptos.

You want to try to do like $150-$200+ per coin and it's best to go for the coins with good tech low value rn to get your money's worth.

XVG
POWR
HST
XLM

Ta da
U rich

>> No.5303823

>>5303201
I was all in on BTC almost for the full year. And yes, that‘s 1000%+

>> No.5303874

>>5303823
Yeah but that's more luck, it probably doesn't apply to him in the current age of shitcoin mooning

>> No.5303968

>>5303874
Yes, that‘s why I sold them all. And it‘s also why you cannot project past coin luck into the future

>> No.5304029
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5304029

I have a combined total of $2850 right now!

How do I diversify? How many coins should I buy?

Right now I have XMR,XLM and LTC

what is a good long term strategy?

>> No.5304122

>>5304029
>>5303799

If you have under 10k you shouldn't diversify that much.

You need to find a really good coin that you believe in, and HODL it until it moons. Maybe if you really want to be safe from the dangers of going all in, diversify into 2 really cheap coins in the under 10 range or something. Otherwise your stacks will be so small that even a significant moon will only give you a few thousand or even just a few hundred dollars.

You need to focus on having a big enough stack in something good before you diversify.

>> No.5304675

>>5303201
I'm not gonna tell you what to do, but I'm only holding in one long term coin. That's only because I don't have enough to be investing in others though and I don't want to sell what I have yet.

I bought about 180k XBY in early May (about 1-1.2k USD) and I'm sitting at over 20x my initial investment (27000 USD right now). It's about to go up in price again today so I'm feeling good right now. I also had about $500 I put into trading last week and I'm sitting at $1500 right now.

>> No.5304798

>>5304675
Oh and yes, I am actually planning on buying a lambo when it actually takes off in 2018.

>> No.5304878

>>5303201
>asks about diversification
>asks people who made x10 min
u wot?

i made x15 so far by putting 90% in xmr 10% in zrx