Investment recs 11-Dec-2017

(Although the recommendations above will most likely appreciate a great deal, I believe my new recommendations will do better in the coming year. So, be sure to scroll down to read the new recommendations. I hope you find these of value, but keep in mind these are for you to evaluate. I’m not an investment advisor. Just a cryptocoin writer sharing my views with you.)

Do not invest more than you can afford to lose! This is vital as the prices go up and down. If you invest more than you can afford to lose, you will be scared at the bottom and sell before the prices recover and go way, way up.

For beginners, start with an amount you can afford to lose and buy Bitcoin. There is a long learning curve to cryptocurrencies. So, start with a small amount in Bitcoin. It is the best known and been around the longest. After you’ve learned to buy, hold and sell it. You can begin to get a feeling for the alternative coins (called altcoins) and broaden your portfolio. Download my book to learn more about Bitcoin and how to buy and sell it.

For people who have some experience and already own one or two coins:

30% Bitcoin
25% Litecoin (LTC)
15% Bitconnect (very speculative, traded on, some people have called it a ponzi scheme, but it’s over a year old and no one has lost any money in it unless they forgot their password)
10% Populous (PPT)
10% Monacoin (MONA)
10% IOTA

For people who want to invest larger amounts, I strongly recommend you subscribe to the Palm Beach Confidential investment letter edited by Teeka Tiwari when it reopens to the public sometime in 2018. I get no referral commissions from this. He is simply the best in the market at finding good crypto investments and helping people new to cryptocurrencies learn the market and how to invest. The newsletter is not cheap, but in my experience you will make back your cost many times over…many times.

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