If it sounds like I have a lot invested, NO!
I'm keeping it small, within my means and nothing that I can't afford to loose,
should the crypto world come tumbling down.
With today's planned £25, I will only be up to a £225 invested.
Here are the coins I hold, and why I have them:
(if I have understood a coins purpose incorrectly, please point me in the right direction)
Litecoin LTC:
Read a lot about it being the silver next to Bitcoins gold, It's a Bitcoin fork, has cheaper faster transfers, and is a tech driver in that it leads and Bitcoin seems to wait to see if the tech works before it move on it (not a bad thing).
Thinking of building my Litecoin holding while its low and affordable!
Etheruem ETH:
Second to Bitcoin, talk of it possibly overtaking Bitcoin someday.
Thinking buy it while its low and while I can still afford a good slice of a coin.
Etheruem Classic ETC:
The original Etheruem, read an article that made a good argument for the coin being under valued.
Thinking get on board before it gains its true value, affordable.
Ripple XRP:
A coin that could change how banking is done?
I also read, that it looks like it is being stockpiled somehow by someone, something to do with marketcap and trading volumes.
Its cheap enough to buy and I just like the name.
EOS:
Faster and more scaleable than Ethereum, sounds promising.
Golem GNT:
Cloud computing space coin, sounds interesting.
Good reason for me to buy a few of each and then wait and see.
Will stick with what coins I have.
Digibyte DGB, Sibcoin SIB and Vertcoin VTC:
Hey! I mined these when learning about cryptomining, I've become attached to them, and want to hold on to them until they can pay for the electric I used to get them!
So what am I going to do?
I will buy a slice of Ethereum, while its down in price, and then wait for the turn around, remembering I'm buying this as an investment and not a trade.
By the way at the time of writing my £200 investment portfolio is worth only £126.
Down 37%
Lets HOLD and HOPE, I dont see the market falling to much further!
Thank you for reading my post.
Please follow me, give advice as it will be most welcome, and see how I do.
MeBoyO