Investing is easy, pick a small baskets of good companies with great fundamentals and just "Go All In" ~ Charles Fuchs.
What can I say, It has been a very emotional week for many of us in the "Crypto Markets", the markets are currently on a roller coaster ride with lots of ups and downs. 📈📉
Too the seasoned crypto investor, this is just normal for them but for the all "Newbs" who just got in the markets, it's crazy. 🤯
You see... the last few months, a person could of just picked any cryptocurrency and it practically would gained 100% to %1,000 returns without doing anything.
Heck, I even stopped reading "white papers" for a few months and just picked up any cryptocurrency that had a nice logo and I knew it would go up, it was that easy. 🤣
This correction got me thinking and it made me realize something... I stopped being an investor and became more of a "Speculator" and "Gambler" with my money. I have to admit, it was pretty damn easy to make money in 2017 with all these SH💩T Coins.
So I decided to sell most of my portfolio and go "All In" with companies that I see that will be there future of the blockchain. Approximately 90% of money will be invested only in companies are "Protocol" related from now on... In other words, things that will able to run thousands to tens of thousands of DAAPS with tens of thousands of transactions... this is where the money is going to be made in crypto! 💰
Who will lead the foundation of the blockchain in the future, will it be Ethereum, NEO, IOTA, Cardano, Icon, EOS, Qtum, Ark, Steem just to name a few. It can be anyone of these or it can be none of these, a new comer might come out of no where down the road like Tron with "Hyped" Marketing. Only time will tell who will lead the pack...
So what is my "Game Plan?" from now on, I will be dollar cost averaging each one these cryptos weekly. I already have a nice position in all these protocol cryptos and moving forward, I will be picking up more of these each week (on the dips).
Don't get me wrong, I will still invest in other things that I can see do well 3 years down the road such as Bitcoin, Litecoin, and SALT just to name a few. 📆
There is a reason for this, we are to early in the game and mass adoption or "consumer" based things will take years to build and to develop to become profitable. I remember the companies in the 90's who won huge in the dotcom boom were the infrastructure plays such as IBM, Oracle and Sun Micro etc... etc... all the Business to Business Plays.
What do you guys think? Are you just gambling with Speculative cryptos right now based on hype or preparing yourself to have a 10X million dollar portfolio with companies that can change the world.
Keep on "STACKIN" 💰
For those who are interested in following my "Daily Activities" that I do in very "short form". Follow me here: @charles-fuchs.
