๐ Beginner's Guide
๐ Building a solid portfolio
๐ Many beginners end up buying a lot of altcoins without a strategy, just following the hype. This can lead to huge losses in the long run. If you want to build a safer and more efficient portfolio, consider this approach:
๐SUGGESTED DISTRIBUTION ๐
โ๏ธ 80% bitcoin ($BTC ): the safest and most consolidated asset on the market. Ideal for protection against inflation and long-term appreciation.
โ๏ธ 20% altcoins: here you can look for opportunities, but always with a well-defined criteria. Some suggestions:
โ 5% ethereum ($ETH )โ the leading platform for smart contracts
โ 5% BNB ($BNB ) strong in Binance ecosystem, useful for fees and DeFi applications
โ 5% solana ($SOL) or ripple ($XRP) are good options for high-performance blockchains
โ 5% stablecoins (USDT/USDC/EURI) to have liquidity and take advantage of buying opportunities
โผ๏ธ What to avoid โผ๏ธ
โ๏ธ Invest everything in memes like PEPE, DOGE and SHIBA hoping to get rich overnight.
โ๏ธ Buying altcoins without understanding the project and its usefulness
โ๏ธ Follow random advice from topics and posts, there are 100 pieces of advice up and 100 pieces of advice down of the same coin, study!
In the long run, most altcoins lose value against BTC. Focus on quality, not quantity.