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RE: Time to be wrong, and go long.

in #crypto-investor8 years ago (edited)

Strategy going forward from now:

First wave hits BTC, generally followed by the tier 2 coins, ETH, Ripple, Dash, ect. If the rally really gets going, it hits into the tier 3 coins, speculative small cap coins. Tier 4 is the junk coin rally of things like Reddcoin, Bitcoinplus, and PEPE CASH... these cycle, though so who knows what it will be next time tier 4 rallies.

BTC is up already, and I would rather own tier 2 stuff anyway, so putting funds to work as follows:

  • Dash
  • Ethereum
  • Ripple
  • EOS
  • Steem (just for business reasons but it should do well)

Own small amounts of coins like NAV Coin. NAV is just going to tank as BTC rallies, it has to hit into a 3rd tier wave in the market to really rally. Because of the NAV charting, I do not expect NAV to outperform something like BTC, ETH, or DASH in this phase of the market.