The beginning
When I started I didn't know anything about finance or crypto currency. Also I don't like trading of stocks and I stay away. Never wanted to understand them.
But it is kind of different with crypto currency and the blockchain world, I think.
So during the first day I bought myself certain amount of bitcoin. Then from there I bought some ether and gnosis. Started to observe how the things are moving slowly. Niether reading too much, nor searching for advices or gambling. Just moving slowly.
During the following days I bought some more coins with high market cap, some of the leading ones.
Unfortunately as it happens I started in a period when suddenly everything went down for few days, which was kind of not cool. But I just waited the sky to clear. So it wasn't like I lost anything, just slight setback.
Lesson learned
From there on I saw that keeping coins with high market caps isnt going to win me much or move quickly in positive direction, so I decided to buy some with smaller market cap and completely remove ether and bitcoin from my portfolio.
I haven't traded, just bought coins for certain amount of time and then sell it, to buy something else, if their movement doesn't suit my needs and I found about more promising companies.
I buy only what I decide I like, not following any advice by sketchy people who create false hype around themselves, by guessing clear positive movement one or twice.
That strategy proved to be good and my portfolio started move upwards.
During the first month there were few periods when bitcoin crashed, thus the whole market. Meaning my whole portfolio, no matter what I bought, went down. I just waited and watched. There were also periods of total stagnation. No movement. Neither up or down with days.
Now I'm planning strategy how to counteract when negative movement start happening again or I encounter stagnation, so I can win from the whole thing, instead of loosing 20-30% for few days when it goes down.
In Conclusion
Be careful what advices you are following, buy good coins backed by good products with small market cap and just move around, watch and learn.
That is my movement in general. I have more specific tips which I keep for upcoming posts. So stay tuned.
