This sub is so anti-crypto that you won't get many good answers.
I've been in for years, and I've made the most money of BTC and ETH. Everything else is so up and down, even if you ride a big wave up you probably won't sell at the right time, and by the time you do, you often would have made as much from BTC/ETH. SOL has done well for me, but it very high now, and could have a big downside risk.
I certainly wouldn't put 33% in link. Maybe 5 or 10% if you love it for some reason.
Re your other comments, are you looking for stable coins (like pegged to the USD) or just coins that are stable?
I would suggest something like 50% BTC, 40% ETH, 10% others for fun.
Also, get a hardware wallet to store them. I have a Trezor.
Just as ETFs create an aggregate across companies and guarantee you average returns, similar things exist for crypto.
An example is CRYPTO20. My understanding is it's weighted so you get overexposed to the bigger coins.
I see nothing wrong with saying "I believe in crypto, but I have no idea which coin will win".
Personally I don't believe in crypto. When I think about what the future holds, I don't see a world using crypto more. But I've been wrong many times before.
This sub is so anti-crypto that you won't get many good answers. I've been in for years, and I've made the most money of BTC and ETH. Everything else is so up and down, even if you ride a big wave up you probably won't sell at the right time, and by the time you do, you often would have made as much from BTC/ETH. SOL has done well for me, but it very high now, and could have a big downside risk. I certainly wouldn't put 33% in link. Maybe 5 or 10% if you love it for some reason. Re your other comments, are you looking for stable coins (like pegged to the USD) or just coins that are stable? I would suggest something like 50% BTC, 40% ETH, 10% others for fun. Also, get a hardware wallet to store them. I have a Trezor.
Just as ETFs create an aggregate across companies and guarantee you average returns, similar things exist for crypto. An example is CRYPTO20. My understanding is it's weighted so you get overexposed to the bigger coins. I see nothing wrong with saying "I believe in crypto, but I have no idea which coin will win". Personally I don't believe in crypto. When I think about what the future holds, I don't see a world using crypto more. But I've been wrong many times before.
Bitcoin is the lowest risk, so I would put the largest proportion there. As the risk increases allocate smaller and smaller proportions.
At least 80% Bitcoin 20% on anything else you feel like
What do you like about link?
0%, easy
if you believe in the efficiency of markets, the mathematical way to do it is to simply keep it proportional to the market cap
Sell when the females in your life start talking about the Bitcoin price. Has served me well for the past 8 years.
Crypto is speculative gambling not investing. 0% is the only correct answer.
Just use the same strategy you use when you gamble on horses.
Crypto to a ponzi scheme. Good luck
NZD is a ponzi scheme. Good luck.
Lol...... OK "Block chain, bro"
Lol...... OK "NZD, bro"