Hey , today I want to tell you one of many strategys that you can use to invest into the cryptocurrency market.
It s called the 70|20|10 Strategy .
How do you use it :
Spread 70% of your investment over the Top10 currencys regarding to marketcap.
for example Bitcoin , Ethereum , Litecoin , RippleUse 20% of your Investment to buy coins that are not at the Top 10 , but that are already longer at the market or you consider them to be safe.
for example Steem or Dogecoin.The other 10% you can spent on coins that are new , at a very low price , but offer new technologys.
for example TenX Pay Token or even ICOs
This strategy is mostly for longterm Investors , that belive into the growth of cryptomarket and not only want to invest into a single coin.
Always make sure that you do not risk money you can not afford to lose.
Thanks for reading @elbiasto
Good Strategy
good idea..thx