IDEX the place where shitcoins and $gems share a space - portfolio strategies
Shilling is everywhere. From shitcoins to $gems the internet is covered with everyone's opinion on what is going to be the next moon coin.
Right now with BTC going to test the 6K support you might find yourself in a situation where many of your coins are bag-holders.
If you are using Binance, it's probably the case, most of Binance coins are for the new crypto people the place to buy altcoins. But now how many of you actually bought to high ? the charts on the Binance basic screen are no where to give you indicators on what s going on with the coins. The "Advanced" version has more details but it's far from being the chosen tools from traders.
Binance coins are more for mid-term to long-term holds. Which means that whatever price you bought your altcoins you will see the price going down more eventually. But, hold on here you haven't lost money yet. To lose money in this game you have to sell below the price you bought. So if you feel that the price is going red right now and you are thinking of selling , it's your choice but you will lose money.
Binance should be use with a relax mood. You are here for mid to long-term hold, BTC was at 20K 5 months ago it will touch 6K no problem it was at $1200 same time last year, this is what crypto is known for so chillax.
If you want more action in your crypto experience, you will have to install metamask extension for your browser and transfer some ETH in it. The website to trade and begin your crypto journey begins is IDEX. A decentralised exchange where shitcoins meet $gems and where all the low market cap get shilled the most.
On IDEX you have to deposit your ETH from your metamask wallet to the smart contract of IDEX. It's fairly easy to do, then you will be able to buy altcoins who haven't reached bigger exchanges or audiences.
Now it's a game of finding the right coins to build a short-term mid-term portfolio.
My suggestion for this right now are as follow:
SHORT- TERM (< 1 YEAR)
-$PAL (1B max supply)
-$UUU (37M MC 10B max supply)
-$CNN (100B max supply)
-$SHIP (20M MC 500M max supply)
-$SS (23M 350M max supply)
-$HOT
-$NEXO (126M MC 1B max supply)
-$TFD (18M MC 1B max supply)
-$TRAC (29th June mainnet)
LONG-TERM (> 1 YEAR)
-$NPXS (Airdrops 'til 2020 passive income)
-$AUC (12M MC 65M max supply)
-$MAN (192M MC 250M max supply)
-$TOMO (76M MC 100M max supply)
-$EOS (2nd June mainnet)
-$HPB (30th June mainnet) (100M MC 100M max supply)
-$OPEN might join my long term coins not sure yet
-$UBT succesfull ICO, will have a good run on IDEX for sure long term run I'm not decided yet.
to manage your portfolio you have to sell the profit of short term coins to build up your long term ones. $TFD and $TRAC have very good potential of growth and could be used to stack up on $MAN and $TOMO, while $SS to me has a vaporware factor, it does have a shill wave one too, that means surf the shill but it ain't long term, I would sell profit to invest in $AUC once I am in the x10 25%, x20 25%, x50 100%. I'd like to see $PAL and $CNN helping me stacking up $NPSX which has quite an impressive future and passive income key feature that you should consider looking into.
I mean thing can change due to future events and partnerships. If $HPB or $AUC were suddenly getting media exposure from whatever reasons I would sell some of my short-terms earlier than expected and invest in them instead.
Both project are solid teams and both are in Trillions potential markets if you don't have them start fomoing now !
$UUU watch out for this one it's been shilling a lot on twitter and has a growth potential for good gains. However it won't join my long-term bags but for sure could bulk up $HPB that would be great.
Remember shill is temporary, many coins on twitter are shilled everyday but most of them are pumping and people who have made profit dump their bags on you. There are also P&D coins like Verge and Tron and the last one $DAPS, try them but be ready to sell those coins they have a strong pattern: shilling, pumping, dumping scenario don't expect more from them. Low market caps have high volatility today your coin is at 34% tomorrow it could go to -27%. For that reason don't buy all-in on a price make several buy orders.
IDEX is the place to get coins before they hit bigger exchanges. If you want to be ahead of the game you will end up using it. You will find very often coins below ICO prices, great buy opportunities like $TAY and $IPL that are long term potential coins but with very low popularity. However at those prices you might want to grab a handful of these.
not in this portfolio but ICX and KMD are 2 great projects that deserve to be in a long term strategies.
Of course all of these are my opinions you do what ever you want with this, this is what is working for me, now it's not about being a copy cat you have your own portfolio your own journey, financial advises don't exist, this is not a financial system, I'm not a Venture Capitalist I go for Venture anarco-capitalist in a open digital resource framework, nothing to do with money alright ;-)
DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR DYOR
Share your opinions with a comment below have fun on IDEX and don't sell the house yet unless you want to live in a truck which I support 100% smart money is in smart homes cheers steemit peeps!
@blacksheepblog
Far out!
I love the way you write this stuff, even though these concepts are confusing the hell out of me :)
lol, a lot of crypto slang, unfiltered opinions and technical terms and here we go :-), come around my place for a more user-friendly chat!