If looking for a moonshot, I believe it must be a under top 1000 project to aim for 25-50x target with the risk of it failing and losing out investment of $100. I got a couple of picks on ticking these boxes, with maybe QTZ or Quartz as the top pick for it due to it's plans for the NFT space
I've been completely focus solely on the buying side with ongoing DCA strategy for BTC and ETH for a long time and with more recent on niches I believe there are value like oracles with LINK and DIA or NFTs with QTZ and WAX, but the truth is that I barely took any profits, and have been buying along the way. It won't happen again! I'll secure profits now on! The strategy is simple, every time an investment triples, I'll take the initial stake!
You have some pretty decent points which I learnt the hard way with great "paper" profits during the bull run, thanks to the "HODLer" mindset & practice, namely on small caps like URUS, QTZ and GODZ, but a mix of the "HODLer" mindset and greed made me stick to my guns until deep red zone... A few exceptions like SAND and ETH where I actually took some profits balanced the boat a bit... On the flip side, trading is extremely difficult and a full time job on it-s own, in order to do it reliably and consistently over the time, and that-s where the "HODLer" mentality comes in and wins, because no one can consistently pick tops and bottoms, and trading is a complex venture. If you DCA into BTC as I did since 2018n with purchases on the 6k level but also above 60k level, never got my BTC bags on the red zone. Both strategies are valid, but there-s no solution that fits all
It depends on how much money do you need to face your bills, how much more are you willing to risk, and how confident are you on your investments. I'm overall positive since I'm really heavy on BTC and ETH which I've been DCAing for about 4 years. Sometimes I second guess my self with tokens like ADA and LINK you got on your list or others like DOT or QTZ which I've been DCAing into and I'm on heavy losses. But since I believe in those projects, each buy I do, I'm substantially lowering my average buy price which I believe will pay off in the future All your tokens look great to me except SHIB, but I'm not a meme supporter at all!
My biggest holding is BTC, closely followed by ETH, not so much because of the money I put in it, but from it's growth (about 60%). I also hold about 20% in large caps like DOT and BNB and 10% in small caps like QTZ and DIA. Remaining 10% are stablecoins. This said, i look at BTC as the anchor of my portfolio, my stabilizer, and the core of my long term crypto investment
From my experience DCA is the way to go... have been doing it since 2018 with ETH and BTC and bought them under 200/6000 and also above 3k/60k respectively and all the way during this bear market never got those under water! I've been DCAing into smaller projects like DOT, ADA, VET, DIA, QTZ, etc more recently and those haven't got the same fate, but I'm confident that with time they will!
DCA is the safest approach! Surely the not the most profitable but it's almost for sure profitable on the long term, special if there's a bias towards large caps!! My take is about 60% between BTC and ETH, 20% among large caps (DOT, ADA, XTZ, etc) and 10% among small caps (DIA, URUS, QTZ, etc). The remaining 10% I like to keep in stablecoins in case of a major dip!
It always can go both ways as I can tell you to buy and you might do just the opposite! I'm on the buying squad all the way from the mighty BTC to the little QTZ! I believe watch one should simply mind it's own business and do it's own choice and ignore random internet people's punts
There's a very good point there, and you might be right there, but you also can be wrong! It might not be the most profitable venture, but it's surely a profitable one: DCA, or Dollar Cost Averaging! I've been buying BTC and ETH for a good while now, and bought it under 6k and over 60k also and even at sub 20k levels I was in profit! Obviously that other coins I started DCAing into later on like DOT, QTZ, LINK, etc didn't had such a great performance, but on the long run, I'm sure they will!
I believe that Web3 is also a lot about DATA ownership, and about each person's owning their DATA/information and be able to monetize it, keep it, or do whatever it wants with it! Brave Browser might be a great first step towards Web 3! But many are following as NFT projects such as QTZ and WAX can achieve... imagine each social media post be tokenized as an NFT and it's profits (from ads or whatever) could be sold on open market. As a creator I might create a viral post/video/music and then sell it so an investor
Interesting... kind of unnoticed altcoin season... at least to me! Glad I've been DCAing into a lot of alts ranging from ETH to QTZ!! Gotta keep them in check! But to be honest have been buying BTC decently aggressive over the last few months!
Good to listen, on in this case read someone sensible to the situation, not with over dramatic BTC to ZERO or the bull is back at full steam, lets buy anything and easily make 100x... I'm not all in, but I'm not stopping my purchases, nor selling! Bought ETH under 300 and also bought it way over 3k and even at 1k I was on profit! This is the power of DCA! Now I'm following the same strategy hoping that on the next bear market I'll have tokens like DOT, KSM, QTZ, URUS that I'm buying now on the green!
I heard about BTC by a friend that hear about a cool new coin, I refused to buy 1 BTC 50/50 with him for what I recall about 200€ each... I said straight it was a scam for sure...lol! Shame on me I guess! A good while later I bought into BTC at around 6k to see it going down to 3k but my resolve wasn't shook! Now I've been DCAing into all sort of coins ranging between BTC and QTZ with some greens and some reds on the bag, but with eyes on the future of crypto!
It depends on a lot of things, even considering BTC making just over 4x now... 10x in let's say Ethereum would make you 500k, maybe in LINK it could do 50x, making 2.5M which I believe it's life changing money! But something smaller, a micro cap like QTZ could make 100x and that would bring your 50k to 5M! and this could go on and on... but what goes up also can go down and risk and reward is a very important ratio to consider!
My big goal is to make money to buy propriety: real estate! I got a few 5x last bull run which isn't that impressive, which I plan to get some reliable 10x this time as I believe I bought better and DCAed into stuff like WAX and QTZ while they were pretty down. Last bull run i got great gains and I failed to take my profits, which was an expensive lesson to learn! Didn't got a house on my first bull run... let's get one on the second!
The price of a coin is really misleading... and listing them by market cap just adds another level of mislead! I could say that QTZ or DAFI, which are worth less than a cent have more potential that some of those coins... cof-memes-cof!
I used to say that there's more risk to have no skin in the game (at all) than to have it! I'd say it's consensual that BTC and ETH won't go anywhere after the bear market! I'd even extend this premise to BSC, DOT and ADA. And could name many more! I have some small caps like QTZ or JOE that bear greater risk indeed, but so is it's potential to outperform larger caps. In the end of the day I believe each one just needs to be informed when making it's choices, so mere than ever: DYOR!
It’s interesting all this pump in a world that I wasn’t sure that FOMO was still possible… I’m afraid that it’s a bull trap specially as BTC miners are getting more and more selling pressure and might capitulate… As I can’t know which of the scenarios will pan out I’m buying very small amount very regularly to make sure I have exposure to the market! Today the victims were ETH QTZ and DOT!
Solid pump indeed and shortening it's gap to BTC! I'm very curious if this is a reason to trigger an alt season at least for ETH tokens which I hold a few, namely ENJIN and LINK! But this migh also be the start of a much broader pump which I hope to throw to green my microcap investments in QTZ, URUS and DAFI!
I've got ENJ on Binance, but I know they are listed on other exchanges too. Even though TGE has been completed, UNQ isn't listed yet (but their canary network (QTZ) is listed on MEXC Global). Do you think AllianceBlock is a good pick now?
My take is fairly simple: \-Diversify in size - BTC and URUS \-Diversify in niche - ENJIN and DAFI \-Diversify in chain - QTZ and DIA Look for project with solid use case (sorry meme crew) and buy them in regular intervals: monthly/weekly
That's the good old max: not your keys, not your crypto! Convenience is good as it's centralised perks, but we are handling control which is no different from regular banking and centralised systems! The problem if that for example Ledger (the one I got) doesn't allow many small cap tokens with more speculative and or trading potential such as (QTZ, DIA, DAFI, URUS, XTZ, etc), but for the big boys, namely BTC it's a must and it's where I store 70% of my crypto!
TRAC - good product and they already survived one winter RADIX - their product will be ready in about a year, hopefully when bull run starts ETH - cause its the backbone SYSCOIN - gamble, but they also are there since years and survived everything QTZ - biiig gamble
That's a very good question! And it calls fro the ultimate individual use case! I use a lot of coin to pay theirs fees, like BTC, ETH, DOT, etc I also use a few stablecoins for defi purposes, nowadays, mostly USDC I use WAX and QTZ for NFT minting at low prices I shyly use BAT for tipping I guess that's it...
Just a few examples: BNB (I'm using their platform daily), DOT (I use their network for transfers like a bank account), UNQ/QTZ (I use their tools to create/mint my NFTs). I've got interested for XLM. Is this really 0 fee?
I'm following Tactical Asset Allocation. I have a bag for cash reserve (usdc + paxg) and another one that generate passive rewards (blockfi, crypto, pancake). I take the rewards to invest on some trends like DeFi (aave), NFT/Web3 (DOT, HNT, QTZ) and infrastructure (FTM, AVAX). I'll keep DCAing until I ran out of money (lose my job). So far so good.
It’s as simple as: higher the risk, higher the reward! My take is be risk on with a diversification strategy! On the crypto side I got some stable coin farms on Kalmar going on with about 30% of my portfolio. I’m not getting rid of them, instead I’m drip feeding a DCA strategy into my favourite coins (due to the high risk) with a bias to the large caps with focus on BTC and ETH! But also smaller projects in NFTs like WAX and QTZ, defi like URUS and ACA. I know the risk I high, but being in cash is also high, specially with the ongoing inflation numbers…
ELEN (NFT) and ADAX (DeFi, liquidity protocol on Cardano) are the worst performers on my portfolio. I try to counter balance my NFT/Web3 bag with other projects like DOT, QTZ, AR and HNT but it feels like the bear market is here to stay.
The risk is always there and it's impossible to know who sinks and who swims... This said, I believe that the hunt for gems should go on, as the best entries are in this times, but to avoid excessive risk, IMO just smaller amounts should be invested in those coins and stick the chunk of our pot on BTC, ETH and stablecoins. A few large caps are obviously a good call, as here the key is diversification! I'm DCAing into QTZ, URUS and KALM as I believe in those projects, but I just have 10% of my pot on micro caps.
I never bought a single thing just because of the hype or whatever. If I like what I see when I do my research and if I find it useful I will invest, definitely. That won't guarantee that you will be 100% successful and I believe that we all made shitty investments from time to time. I made a mistake with RVX it's dumping constantly and I sold my bag as soon as I realized that they probably won't deliver. As you said, OP, I stopped believing in it... On the other side, I still believe in XRT even if the price could be much better. I also don't have plans to give up on QTZ and UNQ as well, especially because Unique Network won the parachain slot on both Kusama and Polkadot. I like to compare this to spin fishing or fishing in general. If you don't trust your bait, you won't be catching a damn thing. It's the same with gains in crypto.
I already have some RMRK, you think that would get past me? No way. :D Questions like "wen listing" and "wen TGE are just counterproductive. And those folks will definitely be first in line to bitch about something that is not done right. If you wanna make hail marries then I guess you should go with meme coins. If I must talk specifically about UNQ/QTZ, they are working their asses off to make a platform that you can use to mint NFTs without any barriers (+ a bunch of other things) and you are complaining about how fast things are happening? Well, that's just not right and it's not fair.
>Like Quartz for example, is the worst performing parachain currently financially, but what they are doing for the NFT market has me drawn back by how hilariously undervalued their cryptocurrency is. Not to mention the partnerships between Unique and RMRK for NFT development. A lot of people have a tendency to evaluate the asset based on their price at certain times, which is wrong on so many levels. I like that you took QTZ as an example. But I guess that not everyone can see the potential behind some projects.
Not trilemma related as I haven't read of Polkadot's infrastructure enough. However, I had to receive coins on a parachain a few weeks ago and Holy fuck, the UX of parachains itself is horrible. Took me quite long to setup a wallet to receive coins on the QTZ Kusama network and it was infuriating.
I believe that when you "take" profits it's because you have a much better option to invest (considering that you are not going to spend the money on something else). So you just "move" your profit from one asset from another. The problem is that people sell because they are afraid or because it has "gone up too much". But how much is too much? I'm hodling DOT since late 2020. The same goes for SAND and ETH. My worst losses came from tokens that I've sold too soon. I've got into some new projects on their token sales like ELEN and QTZ (both NFT related) that are going down, but I'm still hodling. I believe the real money is in the waiting and I should have never sold Solana at $80.
I rather pay much more for a good project than much less for a bad one. I wouldn't take market cap as an essential component to analyze. I'm hodling some low caps like QTZ, HNT, AR, KALM and UTK, but I didn't decide for them based on their market cap. I did an extensive (still doing) through tokenomics, community, features, telegram, everything really. I'm hodling about 10 low caps right now, but the majority of my portfolio still "blue chips" and I believe some blue chips still have a long road ahead.
I rode last bull market well on the way up with great buys ranging from blue chips to some shits I bought that made me blue! If you know what I mean... The lesson was simple: take profits! I missed taking profits in big projects like DOT XTZ BNB IOTA VET and now I'm on slight profit on average with a fez still underwater, but the worse happened on micro caps like BATH GODZ XTM etc. I won't let that happen to me again neither on the big ones I hold now like DOT and BNB, neither on the small ones like URUS and QTZ!
You should grab some KALM before it goes up, there are some updates incoming + I believe that the price will move as soon as they become available on the Fantom and Avalanche. You can check out the QTZ on MEXC if you looking for something cheaper. That's the utility token for Kusama NFT parachain - Quartz.
My plan is to grow my wealth. I don't set a goal for it (10x, 100x, 1000x), but of course I'd like a lot. As you said, it's important to stick with a strategy. I'm using Tactical Asset Allocation for 6 years now and more important than that: I have a bag of altcoins that I can follow like SOL, DOT, QTZ, FTM, AVAX. I rather have a few projects that I can really engage with community than hodling 40 altcoins that I have no idea what the teams are up to. And, of course: BTC + ETH
I agree, bro. NFT is a beautiful world with many use cases and should not be portrayed as overpriced JPEGs. I'm holding NFT related projects like DOT QTZ and some P2E games. I'm also minting my 1st nft collections with UniqueMinter from Unique Network and Manifold. I've just found out about Everlens to monetize instagram content. I wasn't awared of Polysports yet. Gonna take a look. The value of art is highly subjective. Take a look at [this](https://www.nytimes.com/2022/03/02/arts/design/magritte-auction-sothebys.html) link. A famous painting by René Magritte (I have no idea who he is btw...) sold for 59.4M pounds (omg). I have no idea if this is too much. What's should be the "fair price"? How much "Monalisa" from Leonardo da Vinci, for example, should worth? Hard questions.
I believe is broad diversification in and out of crypto both in assets and in income generators! Let’s start with the income generators: A job (or more) - I have 2 Rental property - I have 1, and hopefully on the next crypto bull market I’ll get another one Divididend paying stocks - also diversified, have a few, because have been focusing more in crypto lately Bank investments - from saving accounts to bonds - also have a few but the bad returns made me move heavier into defi. Staking - I stake everything I can! Being BTC one of the few exceptions Defi - here I mostly provide mostly liquidity into stablecoin pools on pancake swap using kalmy.app Then in terms of a assets: Real estate Stocks - diversified portfolio, I have a world fund with trend following strategies to take care of my leg work Crypto - here I tend do diversify something like: 50% between BTC and ETH 30% in stables 15% in large caps like DOT, BNB, ADA, etc 5% in micro caps like URUS, UNQ, QTZ, etc Gold & cash - I’d say between those 2, 10% of the broad portfolio should be the bare minimum
Metaverse is already here. Our grandfathers used to work on factories and now we use notebooks. Our life is digital and many of our friends are also our "followers". IMHO, we are already INSIDE the metaverse. You can get involved with all of this through high quality projects mainly related to Metaverse directly (SAND, MANA) or NFT (UNQ, QTZ), Infrastructure (DOT) and Web3 (AR, HNT). All of these trends are interconnected.
Nice and technical thread about Web3. I believe Web3 is directly connected to NFTs and Metaverse, so I'm going long for some projects like Web3 (AR, HNT), Metaverse (SAND) and NFT (ELEN, QTZ, UNQ). Based on your knowledge about it, what are your best bets for Web3 projects?
Where should we be searching for? The small investor has limited resource of information. Mainly social medias for crypto and public releases for stocks. We probably are never gonna sit at the big whales table, so relying on each other is all that we have. Problem is that many people doesnt want to learn, research, ask. They just look to the world "100x" and get crazy for it. They always miss the 100x because they never hodl long enough. I've met a lot of projects here that I'm hodling for a long time like SAND, AR and HNT. I've also found my minting NFT tools here on topics about Quartz QTZ, NiftyKit, Opensea and others. Just a few examples. IMHO, you can find portential 100x anywhere but you have to learn, research and HODL in order to make it.
Infrastructure: AAVE, FANTOM, CAKE and POLKADOT. AAVE is a strong one. V3 and Arc are solid projects. POLKADOT is Substrate, an amazing blockchain with many important projects building on it that are related to many trends like Smart Contracts, DeFi, NFTs and Gaming (Astar, Moonbeam, Polkadex, Unique Network, GamerDAO). CAKE is hugely popular. I think it's the most popular decentralized platform right now and it's very powerful. I like to do leveraged yield farming on CAKE, VXS and KALMAR when seeking for more risk-return. Protection: It's always important to have a portfolio capable of generate passive earnings to rebalance the portfolio as a whole. Stablecoins are much less volatile and can generate good passive rewards like EURx (12% in Nexo) and USDC (14% in YieldApp starting March 1st). SwissBorg is also a good option. Huge platform and very well known. There are also good projects related to Web3 (AR, HNT), NFT (QTZ, ELEN) and Metaverse (SAND) that can't be left aside. IMHO, the development of Metaverse and the transiction from paper money to digital assets won't stop.
This is true. The fiat money is always destroying the whole environment, but they like to blame us. I'm always searching for crypto projects that follow an environmental perspective. I'm hodling both projects that you've mentioned and also Arweave (climate friendly by making data storage permanent with less resources to pay for it) and Unique Network (they have a partnership with United Nations for an NFT climate program and its canary network, QTZ, is based on sustainable minting).
Regarding major ones, I think that BTC, ETH, DOT and MATIC are a must. When it comes to some midcaps, I'd say that my go-to coins are OCEAN and EWT. You should not exclude lowcap projects from your portfolio because there are some projects with great fundamentals and with nice communities. If you care about the future of NFTs, then you should take a look at UNQ and QTZ for example. Both are created by Unique Network, the first NFT chain on Polkadot. I also have some passive income generators like YLD and KALM. Staking on YLD and doing some lending on KALM. If you spread your stuff around smart, you can increase the chances for more gains.
I believe work has already been redefined. Our grandfathers worked on factories and today we use computers and we don't even have to be on person at the work place. Metaverse has begun a long time ago. The key point is that it will grow much more fast from now on because many projects are embracing it. My best picks for metaverse are related to NFTs (ETH, DOT, ELEN, UNQ and QTZ). NFTs are an essential component of an open Metaverse. ETH still the king, DOT is growing fast with Substrate, ELEN is doing a good job by allowing instagram influencers to monetize their content through NFTS. QTZ is UNQ's canary network and already a parachain on kusama and UNQ aims to be a fully-deployed parachain on Polkadot.
These are great questions, man. Really. Of course I'm seeking for wealth's growth. Who isn't? For some projects I'm both an user and investor. Some examples: CAKE and KALM (I hodl the token and also do leverage yield farming), UNQ and QTZ (I hodl both and I've also used uniqueminter to create an NFT collection of my racing car's photos. This collection stil private for now btw), BNB (I have the token and also an account), ETH (who isn't an user/investor at the same time for this one?). You are right when you said "I use them for different reasons". This can be tricky. For example: I hodl AAPL, but I don't have an iPhone. I can just sell my stocks tomorrow if the price does not reflect the cash flow's potential anymore. I also have Intel stocks, but my CPU is AMD. I'll be an user if this is the best product for me (price/benefit), not necessarily I'll be an investor.
I'm currently down, but I see no problem with this. I use TAA (Tactical Asset Allocation), so I hodl some altcoins for protection (YLD and NEXO mainly) to get passive rewards and reinvest them into my crypto portfolio. I've been investing mainly on DeFi (AAVE, AVAX), NFT (QTZ, ELEN), Infrastructure (DOT and FTM) and Web3 (HNT, AR) these days. DOT had a -80% for the LTM (Last Twelve Months), but I still believe the project and the power of Substrate. I've got QTZ (Unique Network's canary network) on the launch (8th of this month), but the price is going down also. Since YLD is generating good rewards from my USDC position and NEXO is doind the same for my EURx position, I'm using them to DCA, mainly for DOT, QTZ and HNT.
I agree with you. If we have many closed ecosystems, then we will have nothing! IMHO, we can only have a truly open metaverse if we advance on serially dynamic NFTs. I'm specially bullish for the triad NFT Web3 and Metaverse itself, so I'm increasing my investments on Arweave (AR), Quartz (QTZ) and Decentraland (MANA). I've just got Quartz, since this project is building on Substrate that is a superior blockchain (Polkadot). Solana, as the fastest blockchain available, is also supporting the NFT's growth since OpenSea is already working on the Phantom Wallet's integration. I know Ethereum is the main battlefield by now, but we need more options to solve the rigid economic model's problem and support a true metaverse's growth.
I've chosen to DCA on a monthly basis (always on the 15th of each month) so I can dilute my costs. Maybe the price on the 12th was lower, but who knows? It's impossible to know that. If you DCA on a weekly/daily basis it will always cost you more and the exchanges just love that. Market is too volatile for you too really find the "true dip". There is always a "dip of the dip of the dip". Yesterday (15th) was the day for 1 more happy DCA: ETH, DOT and QTZ. I believe MEXC Global charges me something around 0.2%. IMHO, these costs will be fully diluted on the long run.
It's mandatory to hodl Ethereum. Just take a look at DApps [stats](https://www.stateofthedapps.com/stats) and you'll see why. My best picks are related to infrastructure (SOL, FTM, DOT) and the triad NFTs/Web3/Metaverse (QTZ, HNT, AR). DYOR for these cases and see if any fits your goals. Give a special attention to Polkadot and Substrate.
If you are starting now, I advise you to focus on Ethereum. Many DApps are being created everyday, so Ethereum still extremely relevant for all crypto ecosystem. IMHO, I would never go for 15 projects UNLESS you can keep track of them all. Can you? I have BTC + ETH (Main position) along with altcoins like DOT (nice Substrate-based ecosystem, growing fast), SOL (fastest blockchain) and important infrastructures like AVAX and FTM. I also hodl some Web3 projects (AR + HNT + UTK) and NFT related projects like ELEN and QTZ (from Unique). I advise you to do a good research of every project being presented to you here to see what you really like. I wouldn't advise you to go all in for Defi. This can be a good thing when you really understand the subject and realize which projects have more potential. Stay diversified for a while, but not to much.