Explanation of SL's recommended MUST HAVE coins
Added 2020-10-19 00:07:38 +0000 UTCSunday, 10.18.2020
A few members had questions regarding my recommended coins. Everyone should invest into a coin that s/he is being guided to. One should buy a good amount of blue chip coins that they can afford. I put more funding toward coins that they'll give me more ROI and help me retire soon. So, each person should invest based on his/her financial goals and less about owning all of the good coins on the market or trying to mirror my portfolio. :-) I added BTC onto the list - I omitted it in error last week. I added the "potential multiples" for each coin. See attached Excel file.
SL's comments about the Must Have list:
- #1: 5 stars coin: Two of the best assets are listed first due to its current low price point
- #2: The rest of the tiers, I listed the cheapest coins at the bottom. Not on purpose. LOL.
- #3: One should try to focus on buying great, blue chip crypto that will give them the best ROI instead of trying to mirror my portfolio :-)
- #4: I'm a big believer one should follow their guides' guidance/intuition because each coin has an energy. Some coins might vibe with you better than others
SL's investment strategies as of 2020
- Goal #1: is investing in good blue chip crypto that will give me the most ROI so, I can quit my 9-5 job
- Goal #2: I'm waiting for Google/Amazon coins to come onto the scene and I'll add that to my portfolio. There will be many great new projects emerge onto the scene as this space matures. So, I will "NEVER" stop adding assets to my portfolio.
SL's investment philosophy
- #1: I don't feel the need to own a large quantity of coins that are in the top 10th on the Coin Market Cap because the ROI doesn't make sense given my financial goals. So, despite I've indicated BCH is a must have, I bought the amount that I can afford NOT the amount that I desire. :-). This philosophy applies to all expensive coins/tokens.
Hope this post clarifies some of the members' questions.