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Buying Strategies
Here are some simple buying strategies you can concider.
Buy high potential coins in the pennies for big gains.
If you are operating on a tight budget and want to make big gains holding certain coins long term then your best bet is to focus on coins that have a solid business case, great team, investors, low circulating supply and priced in the pennies. Take a look at our recommendations in our "Hot Coins" section and focus on those under $1.00.
Only invest what you can afford to lose
This is a very important thing to consider. Cryptocurrency is highly volatile and can move quickly in either direction. Make a plan for the coins you will like to hold long term and conduct the necessary research to establish the target that you think would be good to sell at when reached.
Follow the money
Another strategy you can use is to mimic the buying of successful cryptocurrency trusts, banks and index funds. Cryptocurrency is starting to go mainstream and WallStreet is taking notice. You can search for news on large companies that are investing in cryptocurrency and see exactly what they are buying. These firms are investing millions and have much more to lose than you do. Here is an example of a large cryptocurrency trust with over 1 billion in a variety of cryptocurrency coins. See what they are buying here.
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