4Settimana
So for long-term holding, $BTC is the best option in my opinion. When Bitcoin rises sharply, the other cryptocurrencies rise sharply a few days/weeks later. So you can buy altcoins like $XLM while they are cheap and then sell when they rise (e.g. over the last week). You can buy cheaply for a long time, then the prices rise sharply and then fall again quickly. You can see this very clearly in the chart at $XLM;)
I made a 500% profit on this one cryptocurrency alone last month, but that only happens once every 2-3 years. Nevertheless, the average return is very attractive ^^
I made a 500% profit on this one cryptocurrency alone last month, but that only happens once every 2-3 years. Nevertheless, the average return is very attractive ^^
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4Settimana
@ynnxs That's exactly my way of thinking. Increase the capital a little with this "strategy". And then divide the money into new coins or reinvest it.
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•4Settimana
@Wiktor_06 Yes, you can do that, but it's too strenuous for me in the long term. I would like to gradually shift into less volatile asset classes that are more stable on the upside and therefore require less "maintenance". Next year I would also like to work on increasing my free cash flow in the portfolio through dividends, which is why the crypto profits are currently going into dividend stocks that pay out monthly. This allows you to decide each month where to reinvest the dividends and then just take whatever is cheap at the time ^^
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4Settimana
@ynnxs I'm still young and don't have any major commitments.
That's why I can pursue this "care".
That's why I can pursue this "care".
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