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Sunday, December 9, 2018

Cryptocurrency Investment Strategy for beginners

Cryptocurrency Investment Strategy

Market sentiments can be drawn as:
          1) Increase in Price
          2) Decrease in Price

How much you Buy and Sell gives you the profits?
Where you Buy and Sell gives you the profits less applicable Fee?

Below are few recommended books where we can learn the Cryptocurrency Investment Strategy for absolute beginners.


Cryptocurrency Investment Strategy: How To Get Rich With Cryptocurrencies by Sato Akira

Investing in Cryptocurrency: How I Turned $400 into $100,000 by Trading Cryprocurrency in 6 Months  by Chris Lambert

Cryptocurrency Investment Strategies: Tips and Strategy Trading Cryptocurrency, Cryptocurrency Investment Strategy Works Best  by S, Thomas

Cryptocurrency Millionaire by 2023: The Long-Term Cryptocurrency Investment Strategy to Financial Freedom  by Edwin McKensley


Jorn van Zwaneneburg is his blog post (A Guide to Long-Term Cryptocurrency Investment Strategy) discusses various factors to be considered before investing in cryptos.

1) Know Thyself
2) Researching Projects To Invest In
3) A Balanced Portfolio
4) Transactional Coins
5) Platform Coins
6) Utility Tokens
7) Security Tokens
8) Asstet-Backed Tokens
9) Buying In
10) Rebalancing Your Portfolio
11) Taking Profits
12) Stop Losses


Peter McCormack has detailed out a Crypto Investment Rules in a blog post (Crypto Investment Strategy v3) as:

    never invest money I can’t afford to lose.
    don’t panic.
    don’t short.
    don’t margin trade.
    don’t invest in things I don’t believe in or agree with.
    don’t chase the market.
    am careful with the advice of others.
    For each trade have a target entry and exit price.
    do not ever operate with stop losses.
    do not day trade.

All the best for my readers in Cryptocurrency Investing!!!

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