I'm talking about investment strategies on my channel today. I also included my full portfolio breakdown so you can see how I approach crypto.
Subscribe to my crypto YouTube channel.
How to build a crypto portfolio + my own portfolio breakdown
Subscribe to my crypto YouTube channel.
Here are some of my principles for Crypto investing -
Superb Summary, JerseyNash! We fully agree with these bullets. This should be located in front of your display!
The Best way and the most reliable one - find the gems (fundamentally strong projects which have strong team, a product in the mind to solve an important issue with high utility value). Ideally, it should have a reasonably deep moat vs. competitors. This is the recipie for success! Earlier or later the market will recongize the value of the project and will award you with immence profits. Real life example, RLC token (iExec) >+100% on 12 January! This pick was included in our portfolio yesterday and published here https://steemit.com/crypto/@p2port.com/crypto-portfolio-high-quality-crypto-assets-for-long-term-growth-created-on-11-january-2018
Dude you're excellent, that's really good advices ! This is advices from someone who loves more crypto than the cash itself, I upvote and follow you for sure !
Hey jerseynash, excellent points! But also throw in some wild cards. A little risk here and there is ok. Keeps life spicy :)
Are you investing in cryptos? Or are you trading cryptos as an alternative to jerking off?
And one more thing to take into consideration - > never invest into coin / project which cannot justify why they actually need coin in first place. If project can exist w/o coin, then it's all about speculation.
That's some valuable info, thanks! My problem is being too diversified lol...
Here's some value to you, technical analysis on BTG:
Bitcoin Gold (BTG) - Analysis (162% POTENTIAL PROFIT) https://steemit.com/bitcoin/@benkalashnikov/bitcoin-gold-btg-analysis-176-potential-profit
Good buy trade on this penny crypto
source
https://steemit.com/altcoins/@salahuddin2004/5qquhb-loopring-will-loop-out-to-usd-3-06
Thats great summary.. Loves Crypto and Cash in this high risk market.. Thank You..
Great advice. The most important thing to remember is to NEVER invest more than you are willing to lose.
Just watched a video of yours on youtube "top 5 altcoins that will make you rich in 2018. I couldnt stop laughing and it was very informational. Needless to say you got a new follower on both youtube and here on steemit. Resteemed
You have always gave me top notch info, thanks for this post @dougpolkcryto
0 Bitshares, 0 STEEM & 0 EOS ? What's going on there Doug, any specific reason?
Maybe he has questions about the teams on these coins?
Man you're pretty into the Bitclave and Wax, I was looking at those
Yeah I'm not on any of the exchanges it's on but I feel like as a nerd gamer that nerd gamers and their custy skins could be something that could take off
was about time you showed your porto why is everybody scared to show their porto but quick to tell you what the next best thing is
none off these guys are transparent
The best part of the video is the advice of don’t put all of your eggs in one basket. Diversified investments make overall risk lower. Also about the advice of being cautious and moving re conservative when someone has an obligation towards their own family. Loved the info that has been shared. Definitely going to check on the website to learn more unbiased info about ICO’s. And can’t wait to see your new video next week.
Thanks for the video @dougpolkcrypto :)
It made me think ahead that bitcoin dominance will eventually fall in the long run, as we can see the rise of altcoins. But, that fall would not hit below zero, maybe above zero and bitcoin may hit more than a million in value. I guess it would happen more than a century from now.
I believe in bitcoin long term and forever term.
lol that gif tho.
Love that gif.. :D
Long term Bitcoin, probably. But not for everyday use and not for everyone. Just 21 millions are pretty small number for the billions people. It really is just more like gold.
Yep!
Great video, I agree with your strategy in investing more in the larger coins like bitcoin and ether. I think crypto currencies are experiencing very high levels of volatility because the industry is in its early stages and much higher volatility than most people find comfortable. So for your typical investor, investing a larger share in the safer coins is prudent.
Nice video cheers!
Cyrpo investing all depends on what you want to get out of it. For most new people to crypto they think they can buy a cheap alt coin and hold it for a few months and it will make them over night Millionares. If that was the case then everyone would be rich.
Crypto investing, Lending staking and holding needs to have goals and strategy involved just like any planned effort or project. You also have to be able to ride the highs as well as the lows!
Check out COSS if you haven't already, great time to buy now imo
This video prompted me to consolidate and redistribute my holdings today. Like a lot of people, I started with my money distributed in an orderly way that made good investing sense. However as time passes, coins rise in value, new projects catch my eye, and so on until I'm scattered all over the place. This video caused my to evaluate the few of coins I really believed in at each risk/reward level and reallocate my portfolio into something that really makes sense to me. Thank you, and keep up the great work!
There are two major philosophies about maintaining the crypto portfolio.
1- Maximising the number of your bitcoins whatsoever its value is in Dollars. Some famous social media trader like Brandom Kelly and some others follow this method. They keep almost 70% to 80% their investment in Bitcoin.
2- Some people say that you should have diversified a portfolio. It means you should not keep all your eggs into one basket.
Thank you for information and entertainment in one video @dougpolkcrypto. You explained the good side and the bad side without making a promotional video.
FINALLY: COMMONSENSE!
I like. You should definitely have more bitcoin!!
Just watched a video of yours on youtube "top 5 altcoins that will make you rich in 2018. I couldnt stop laughing and it was very informational. Needless to say you got a new follower on both youtube and here on steemit. Resteemed
Buy #steem sell the other #cryptos.
This info will definitely help me in the future
all bow down to the supreme leader Douglas K Polk
"I'm not really sure what is a public key.." i love that living meme haha.
Great tips again mate thanks ! :)
I LOVE your videos!!! and had been wondering about your portfolio ... thanks for sharing :)
Whats a crypto portfolio?
excellent information. Congrats
good!.
Holy crap its Doug Polk! I'm so glad to have stumbled upon your Steemit, I'm a huge fan and love your youtube videos!
Am coming back to watch this, just bookmarked...sadly no data coverage in my current location
Good overall comments! I would add some important points on rebalancing and risk management. It is always good to take profits when the portfolio becomes unbalanced. You can use those profits to dollar cost average in other assets. Dollar cost averaging lets you enter into positions at various points so as long as your investment theory holds. Lastly, when considering rebalancing your portfolio, consider assets from other asset classes as well. If you have done well in your crypto portfolio, you may want to move into assets that produce income like real estate or others.
What’s everyone’s favorite exchange? I’m on a few (Kracken, Binance and Coinbase) and they all have the pros and cons, but right now Binance is my go to trading platform.
Very interesting video, thanks for sharing it! I strongly agree with a diverse portfolio, as cryptocurrencies are a volatile investment.
I agree that a harsh legislation could become a huge problem. It would be terrible to see the market crash because of this.
I invest in some ICOs, and it is vital that one does their own research in a project. Due dilligence is key!
Thanks Doug. As always--informative and entertaining. I'm glad I found you on Steemit. I was watching your YouTube posts earlier today. Looking forward to more for sure. I'm surprised my upvote bumped you up around $10.00--still not sure how that works.
thanks for information
Thanks for the share, it's always valuable to see other people's strategy with the market.
Some solid advice @dougpolkcrypto #respect.
Great info on what to watch and watch out for.
Thanks for the post. @dougpolkcrypto
Wow! Very informative! So from what I understand, the price drops always happen as it's inevitable but one should always be careful with the investment they want to risk. It's just like a food Web. The monies are regulated. You might not agree with me but this is how I can understand it. If I'm missing something please enlighten me so I don't gamble and lose "at one sitting". Thanks again for the video. 👍
i enjoy your post ^^! Thanks.
happy for today!
I love your videos mate lol. Very entertaining even very valuable. I like how transparent you are. We need more of that in the community. Cheers
Bro @dougpolkcrypto, let’s get Altcoin buzz on steemit and d.tube!!
I love your vids! Thanks!
omg! I am so surprised to see you talking about crypto here, Doug. I have been watching your poker video for a really long long time.
Nice to see you here Doug! @dougpolkcrypto by an Italian poker reporter ;)
Nice tips for newbie like us! I will make use of your tips!
Rewards Pool Farmer Alert
He is leasing 30k SP from @minnowbooster then using that to VOTE Up his own 7 Day old comments on random posts at the last minute. Scroll his comments to around the 6 day mark or just go to https://steemd.com/@ryacha21; he has a lot of self love on his own old comments.
HE IS DOING IT OVER AND OVER AND OVER.. He is farming the pool.. If you could help it would be appreciated..
Learn more about this sack of monkey spunk here:
https://steemit.com/shitpost/@pawsdog/the-shit-post-diaries-1-17-18-4
Also kinda a dick move to use the actual good post of another person to post a comment for no other reason to come back and farm it later.
Post Author, @dougpolkcrypto I do apologize.. This dude makes no actual articles of his own so the only way to draw attention to what he is doing is to comment his comments. My sincerest apologies for cluttering up your blog, outing the abusive self voting behavior of @ryacha21
Muy bueno todo.
Thanks for sharing. Just last week i didnt know about any of this.
You own some STEEM too, right? ;)
Congratulations @dougpolkcrypto, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Dust account holder (accounts that hold between 0 and 0.01 Mega Vests). The total number of posts by Dust account holders during this period was 8805 and the total pending payments to posts in this category was $3483.66. To see the full list of highest paid posts across all accounts categories, click here.
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