From novice to pro: creating a long-term crypto portfolio

Why a spot portfolio? A spot portfolio is your set of digital assets that you buy and hold for long-term profit.

Why is a spot portfolio needed?

* Long-term growth: Many experts predict growth in the cryptocurrency market.

* Participation in the digital economy: You become part of a new, rapidly evolving industry.

How to create your portfolio?

* Define your goals: How much are you willing to invest? What return do you expect?

* Learn the basics: Read about various cryptocurrencies, blockchain technologies.

* Choose a reliable platform: Select a secure and user-friendly cryptocurrency exchange.

* Create a diversified portfolio:

* Bitcoin (BTC): The foundation of the market, high liquidity.

* Ethereum (ETH): A platform for smart contracts, widely used.

* Altcoins: Younger and more innovative cryptocurrencies (Solana, Cardano, Polkadot).

Examples of spot portfolios:

* For conservative investors: 60% BTC, 30% ETH, 10% stablecoins USDT.

* For aggressive investors: 40% BTC, 20% ETH, 40% promising altcoins (Solana, Avalanche, Polygon).

* For long-term investors: 50% BTC, 30% ETH, 20% DeFi projects (Aave, Compound).

* For risk-takers: 20% BTC, 10% ETH, 70% meme coins and new projects (Dogecoin, Shiba Inu, Pepe Coin). Warning: Meme coins are very volatile and can quickly depreciate.

Tips:

* Regularly rebalance your portfolio: Periodically check the ratio of your investments.

* Store cryptocurrency in a safe place: Use hardware wallets.

* Keep an eye on market news.

* Consult with experts.

Why do most portfolios not include shitcoins?

Shitcoins are very risky and can quickly depreciate. They have no fundamental value and are often created for quick profits.

Some investors are willing to take risks for the potential of high returns or to participate in a community.

Creating a spot portfolio is like putting together a puzzle. It's important to select the right cryptocurrencies and allocate investments to achieve your goals. Remember that the cryptocurrency market is highly volatile, and you alone are responsible for your investment decisions.