I use the term “strategy” very loosely 😂

Dipping my toe in the waters. I admittedly have no idea what I’m doing. I’m basing this simply off reading Reddit and discussions with a coworker who is super into crypto.

I don’t have a lot of money, and I’m not looking to make a quick buck. Looking to buy and hold for a long time.

My “strategy” is to make a buy every time I get an extra $50-$100 to spend.

Right now it’s pretty simple. Every time I buy I buy 50% bitcoin, 25% XRP, and 25% ETH

again no real knowledge behind this, just figured I had to start somewhere.

Any thoughts and advice would be greatly appreciated!

Should I not even mess around with the XRP and ETH and just buy purely bitcoin? My coworker swears by XRP and ETH.

Again looking to just buy and hold for a few decades if possible 😂

Thank y’all in advance for any responses 🙏

submitted by /u/Phishsux420 [link] [comments]r/CryptoCurrencyRead More

You might also be interested in reading SEC Chair Gary Gensler on Crypto: ‘It’s Unlikely This Stuff Is Gonna Be a Currency’.