If your goal is to invest seriously, you might consider creating a balanced portfolio to be prepared for possible crashes and heavy price fluctuations. So what could it look like?
A balanced portfolio must contain the three big cryptocurrencies BTC, ETH, and BCH. Those are the basis for your portfolio and depending on how much risk you want to take, you can decrease or increase the volume of these three. More BTC, ETH and BCH means less risk. More altcoins means higher risk. When it comes to altcoins, you should consider reading everything you can find before investing. First you need to check the road map and the whitepaper which you can always find on the project’s website. Then you might consider checking board’s like reddit to read some opinions – but beware: Don’t get shilled, always check twice.
Do your research
Try to always build your own opinion on a coin gaining as much information as you can. Take your time, don’t get grabbed by fomo (fear of missing out) as you won’t miss the big shot by a couple of USD per coin, I can guarantee you that.
So what could a balanced portfolio look like? Here is one example of many.
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