Hello everyone.
I am looking to diversify my portfolio and need some perspective/advice. I have about $40k to invest into a handful of different coins. My goal is maximize profit, I honestly don't care too much about utility or the project itself, but I am also not interested in shit coins or meme coins.
I currently hold $49k in ETH, $2500 in BNB, $2000 in BTC and a few hundreds in some altcoins.
I plan on selling $40k of ETH to re-invest. I was thinking about privacy coins, as they're competing with XMR, they may be promoted in the mainstream overtime, is this valid reasoning? I also might put $10k into Bitcoin because clearly everything else follows BTC.
Other projects I've heard good things about are AVAX, XRP, Poly, Ton?
What coins are you invested in, and confident that they will continue to go up? Please provide your reasoning.
Thank you in advance!
How to diversify $40k while everything is 'cheap'?
byu/HypnoticonymLow inCryptoMarkets
Posted by HypnoticonymLow
2 Comments
Just get a coin that will perform in the next bull run, something that has legs. Look at last cycle and see which coins in the top 50 had like a 2-4x
If youre into privacy i suggest Zcash. Im also leaning heavily on hyperliquid. Thing is a lot of these that have potential bigger gains are so new, you really cant tell which ones are gonna fizzle out, and which ones still have a long way to go. If it were me, I would keep at least half that 40 in ether, you more or less know youre gonna see a 2x at some point, the rest are bigger gambles.