What cryptocurrencies should you and I invest in?! 13/365-day blog challenge
Hey my beloved steemians,
Investing in cryptocurrencies
Many of you share my immense fascination and excitement for cryptocurrencies! They have to power to decentralize and enlighten our mondial financial structures and provide amazing investment possibilities for us mere mortals! As you might know from one of my previous blogs I am looking for an entry point into the current cryptomarket.
Last 2 days cryptos are slowly sinking again...
Too late or too early?
As many others I was late to the party, and found out about the investment potential of cryptos just after they had peaked. Ever since the market is correcting the amazing rally of de past few months, and I keep on wondering what is THE opportunity to go all in? And I guess there are more of you asking yourself this same question?! So... should we buy now, next week (after august 1st)? When will the decline be over, and will the next climb start? Are we too late or too early?
The perfect investment portfolio?
Currently I am only invested in Bitcoins with 30% of my investment capital, but I also want to invest the remaining 70%. That is why I am planning to do the following:
- I will invest 20% this week in Ethereum, Neo and Dash (1-2 day before august 1th), and in de meantime I will be hoping they wil decline even further!
- And 1-2 weeks after the Segwit soft fork I will be investing the remaining 50% of my investment capital.
Finally my aim is the following portfolio:
| Cryptos | Amount |
|---|---|
| Bitcoin | 40 % |
| Ethereum | 20 % |
| Neo | 20 % |
| Dash | 20 % |
However, I am also looking at IOTA, Monero and of course Steem (hahaha...), as possible candidates, but this is mostly depending on their performance after august 1 (after the Bitcoin soft fork).
Your opinion?
What do you guys think of this portfolio? Any suggestions? And, do you think now is a good time to buy (for medium/longterm)?
I will be waiting for the perfect buying opportunity, here in the beautiful Porto Santo Stefano <3
Anyhow, Thanks for reading my post! If you liked it please leave a upvote or comment, and follow me for upcomming posts!
- Later today I will be posting an other blog, about what I did today! So stay tuned for that (spoiler; we caught a fish!)!
See you soon <3
@RaoulHermanns
Great post! :)
@ghoost Thank you!
August 1th is not the end of world and for sure not the end of bitcoin and cryptocoins!
@gogoli Indeed! It will be the beginning!
I think revolution has just begin. So we are not late YET. If the plan is to hold the crypto for years, a few (hundred) dollars up or down won't matter that much. Ideal strategy is to go on dollar average.