Hey guys,
I could acquire some money recently and decided to buy in on the recent dip/crash.
Let me explain my reasoning behind this:
Possibility 1:
It is the beginning of a bear market. In this case I could have gotten much lower entry points in a few month or a year. But due to the fact, that I intend to hold for the next 5 years (at least), I dont think the entry point will be terrible. BTC is a lot below its Stock to Flow currently.
Possibility 2:
It is just a dip and we will see new ATH's in the late summer and Fall. In this case this entry point would also be good.
I personally tend to believe in possibility 2. But either way it seemed reasonable to me to buy in during the recent dip/crash. This is of course one thing up to discussion.
The other subject is the portfolio I created. I should maybe mention at this point that despite of the young age of this account I am in crypto for several years now. But sadly I only could afford to invest a few hundred bucks in the past. I went through quite a lot. Lost a lot and fell for a lot of shit :). But in the end I am still in the green with that.
However this time my approach is a lot more serious and I tried to put together the best portfolio possible. There is (in my opinion) good reasoning for each and every coin. I tried to put them in different categories and added a comment so you can maybe better understand my thoughts. I am absolutely aware that some categories may not fit perfectly or some coins are much more complex than my comment suggests but its just to hint the direction I look at them. I would love to discuss and hear your opinions on that. Which one did I miss and which one should not be in.
The portfolio:
Currencies:
BTC 25% (digital gold. Like a retirement fund)
XMR 20% (Actually used and also the only crypto currency I would use to pay ... privacy and fungibility)
Ecosystems:
ETH 20% (leading ecosystem)
ADA 5% (strong community, much development, Africa deal)
SOL 2% (very fast network with very fast adoption)
ALGO 2% (founder is a living legend and my main candidate for digital USD getting launched on it)
Multichain:
DOT 5% (The Dr. is all I need to make this case)
Oracle:
Link 2% (The need of Oracles is obvious and this is the most advanced of them)
Automatic market makers:
UNI 2% (The biggest AMM on the biggest ecosystem)
Micro transactions/IOF:
Nano 1% (Very popular and with a active community)
IOTA 1% (Big industrial partnerships)
Exchanges:
BNB 2% (Seems too big to fail)
KCS 2% (The coin pays a dividend)
Decentralized service providers:
FIL 2% (Name one central cloud that did not get hacked in the past)
THETA 2% (Streaming is a giant industry and their principle is just cheaper and faster)
VET 2% (Supply chain management is a perfect fit for blockchain)
Game/VR Coin:
FLOW 2% (Gaming/VR is a perfect fit for blockchain, here the devs are great and partners are big)
Alternating Technology:
HBAR 2% (I like that their tech is little different than blockchain and the consortium behind is massive)
Fun/ meme/ The Elon Faktor:
DOGE 1% (Pure gamble but humor is a very universal construct likely to come back again and again)
Sorry for the post being that long. My initial intention was to keep it short. I hope it was still interesting and I look forward to get roasted in the comments ;)
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