Hey @crypto-investor! I have been watching your videos for about a month and really enjoy the quality of content that you publish and the honesty and ethics you display.
I have some questions:
Having very little money (30€ - 50€) to invest per month but wanting to participate in some manner in the market, do you think that I should spread it thinly by altcoins? If so do you think that I should only diversify when I reach a minimum deposit (ex: 200€)?
Or should I buy bitcoin and hodl?
Cheers and Keep up with your amazing work!
If your income is much higher than 50E a month, then I would play it riskier. Ideally you want to hit better than 100x on a small investment like that. In theory, we can still get 1,000x gains in crypto if we go way down the list. Check this one out: https://coinmarketcap.com/currencies/wyvern/ I own 20,000 WYV coin.
This is a good dice roll because if WYV ever gets to 40 million market cap, I will have done about 100x on a small investment.
If you are not looking to dice roll do research and buy only those coins which will be major players 5 years from now. BTC and EOS has the best potential... also Ripple, ETH, DASH, NAV, STEEM. Maybe some other projects. Regular "play it safe" crypto can still do 100x. I think BTC should hit 1 mil each if it doesn't get derailed by mis-management. May take a while but I can see it happening.
Look into Unikrn Gold also, they are doing a fantastic job cornering the crypto esports market and have built a great platform for eSports wagering and item/skins trading.
https://unikoingold.com & more news on their discord channel.
Thank you for your response! I will buy-in some positions with fiat in this correction now and hodl most of it until I have more capital. I am very excited for eos and also bts as I think that, along with steam will be very adopted by the mainstream for the years to come.
Cheers!