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8070311 No.8070311 [Reply] [Original]

I have 100 USD every month to invest in crypto.
Should I buy only one coin or diversify a little every new month?
For example, this month I buy NEO and in the next OMG for example. Or should I just pick a single coin and invest in it?
random pic

>> No.8070422

bump

>> No.8070527

>>8070311
The expression "don't have all your eggs in one basket" comes to mind.

>> No.8070736

>>8070311
wagering your money out naturally by the month is good OP, since you don’t need urgent liquidity in the market you can use your time to test for arbitrage..

If I’m buying a top 2 coin with fiat, I wait for dip(s)... if I’m buying altcoins with btc or eth, I wait for dips...

maybe one month you don’t buy at all.. 2 months.. you could afford to see what kind of price point you could get... just from being active and patient, you might be surprised (cheap!)

Even represent some lower capped holdings.. if anything just to see slippage in action...

And pay ur taxes

>> No.8070836

Easy route: Pick a blue chip coin like NEO or ETH and dump every available penny into it. Cash out near EOY.

Part-time Job Route: Make a list of coins you like, buy as much as you can of whichever is in a dip, and then set up a sell order that yields decent gains. Usually 2-8%. Set a notification on your delta app or w/e, and repeat after the order sells out.

>> No.8071056

>>8070736
>>8070836
thanks

>> No.8071180

>>8070836
only 8%? all retards here says 32% gain in a week

its secure, low risk but i feel like a low iq retard

>> No.8071204

NEO eoy price prediction op?

>> No.8071218

>>8071204
no idea
much higher than now for sure

>> No.8071303

>>8071180
Everyone is hoping to land 30% gains on a single coin. It's possible, and even happens fairly often, but chances are you didn't pick that coin this time around.

So make the most out of small gains while learning how to pick the coins that will see 30% swings and beyond. Yea, making it in one move is nice and all, but you'll make more in the long run collecting 2% here and 4% there.

Most valuable currency you'll have is patience though.

>> No.8071530

>>8070527
Diversification is a meme.

t. 100% omg