My first post. Hello to evereyone
So basically, I'm completly new to cryptotrading. The first thing I bought on an altcoin-marketplace was Steem after finding suggetions to do so by using google. This way I could start with a decent profit of over 20% if I remember correctly. This doesn't make me much richer, because I started only with my spare-money I would not regret to lose, hopefully to learn how things work on this new market. I'm yet not sure if I want to do daily trading or to be more of a holder. Propably to start, it is way more secure to watch out for flattening charts on the down, invest and hold untill the value goes up.
Hopefully I can somehow bring some insight into this community when I reached enough experience.
My current status in trading is:
-hope that bitcoin will go down untill the end of the month,
-therfore gaining profit with ethereum, pivx, doge and siacoin because
- they will not lose as much as btc,
- sc and pivx will rise and gain profit holding short times (holding more than 24h).
-excluseivecoin seems for me to maybe rise propably in the next time and hopefully stops going down, so I own it.
-I got dopecoin becuase the name was funny (and I hope it will rise).
-next step: get into dash.
My split is :
ETH ~25%
PIVX ~23%
DOGE ~18%
EXCL ~13%
SC ~13%
DOPE ~5%
BTC ~1%
Let me know your thoughts and please dont be to strikt if this is bullshit!
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Welcome to steemit @zenator. Hope you enjoy your time here on steemit and learn a lot about crypto trading. i think it's a great thing to get into. Lots of skilled people on here to follow. One of my favorites is @profitgenerator
My opinions
Eth is solid. I'm going to hold. I think it will continue to climb in value and be worth double if not more by the end of 2017.
PIVX, while I personally think is semi overvalued will continue to do good as well. It has solid tech and a dedicated community. I enjoy doing short trades in it to make some money. Though i think it will be good to hold for a while as well. There is competiton coming in the way of coins such as vergeand novacoin.
Doge is mostly dead I'm guessing. It's never been taken seriosly. Can probably short it but I wouldn't expect it to go anywhere.
I don't know enough on Excl to make a comment on it. It looked interesting to me.
I think SC is a good invesntment. You can likely short it but I'm holding long term. Out of all of the current cloud storage crypto solutions I think SC will end up leading the pack.
I have some Dope as well. It and THC trail Cannabise coin currently, but I think the market is big enough that all three will take off so I have some money in each of them.
BTC is solid. I have a small amount of my investment in BTC as well which I don't spend. I know some people are convinced that BTC will die tomorrow but eh.
Overall seems like you're on a good path. I hope your investing pays off. Have any comments or questions feel free to ask. I post videos as well talking/analyzsing the crypto market and potential coins to look at or that I've bought.
Also steem was a solid buy. Welcome to the revoultion. ~_^
Thank you for this long comment! I'll directly follow you and check out @profitgenerator too.
Yeah, why should Bitcoin die? Especially in short time, while most people only know this coin if asked about cryptocurrencies.
I'll invesitgate in THC trail and Cannabise. verge and novacoin too.
If you know good literature/links to go deeper into the technologies behind cryptos, i would be happy to know, especially because I really like the aesthetics of mathematics, if that makes sense to you.
A new Steemian :-) hello @zenator I hope you enjoy your time here, its a great community ! Nice post, Wish you much luck! I will follow your account. Don't hesitate to contact or follow me at any time :-) See you around @tradewonk
Thank you,
followed you too, and like your articles!
Thanks, i appreciate it!
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