Best Bet: Bundle Investing

in #cryptocurrency6 years ago (edited)

How To Bundle Like a Pro

Bundle investing is a term used by many investors who diversify their portfolio by investing in multiple kinds of coins instead of just one. You’ve probably heard of this before, but for those of you who haven’t, bundle investing is largely unavailable in today’s market due to a lack of platforms which give you the opportunity to do so. Well, this is where CoinBundle comes into play, giving you the opportunity to easily and simply invest in bundles of coins. So, what’s the best way to bundle when investing in cryptocurrency? Let’s go over the do’s and don’ts when it comes to bundle investing because it just so happens to be your best bet when investing.

This is not financial investment advice.
This article will touch on key aspects of how to properly execute bundle investing.

In this article

  1. What Is Bundle Investing?
  2. Why Is Bundle Investing Better?
  3. How Can I Start?
  4. Do’s & Don’ts
  5. Conclusion

What Is Bundle Investing?

Well, bundle investing is a pretty straightforward concept. It’s exactly what it sounds like, investing in bundles of coins instead of single ones. CoinBundle gives you the opportunity to do this, by providing users with different bundles of coins to invest in. When you invest in cryptocurrency by purchasing single coins, there’s a tedious process that you have to go through involving registration for an online currency exchange and password maintenance. When you invest in crypto by bundle investing, you actually save yourself all the hard work of going through each and every one of those exchanges, and instead can just buy the bundle in one place. This way, not only is your portfolio diversified, but it’s also extremely easy to manage and track since its performance is all in one place.

Each bundle you invest in contains different cryptocurrencies. In fact, some bundles — depending on which one you choose to invest in — contain different tiered coins. By this, we mean that the bundle includes different coins across all market capitalizations. So you can expect some “giants” like Bitcoin and Ethereum to be in the same bundle as smaller and lesser-known coins, again, all depending on which bundle you invest in.

Bundle investing also means that you should be able to create your own bundles, right? Well, this feature of customizable bundles is on the way and will eventually be integrated into the CoinBundle platform, giving this type of investing a social aspect. Why waste time and energy going through numerous exchanges to invest in just a few coins when you can just buy one bundle with all of them in just one place? On top of that, bundle investing makes investing social by pinning specific bundles head to head with each other. Bundle investing — as a whole — relies on the user’s willingness to diversify their portfolio, which is one of the smartest things that you can do as an investor. Bundling has already been implemented by many major companies across the globe in order to more effectively sell their products. Thus, it’s about time that bundle investing made an appearance in the world of cryptocurrency, giving a good indication of where the future of finance is headed.

Bundle investing is exactly what it sounds like, investing in bundles of coins instead of single ones. CoinBundle gives you the opportunity to do this, by providing users with different bundles of coins to invest in.

Why Is Bundle Investing Better?

Now that you know what bundle investing is, let’s analyze why this form of investing happens to be your “best bet” when it comes to cryptocurrency. For starters, bundle investing provides any user with a much more simple and straightforward process. What makes investing in bundles of coins significantly easier than single coins is the user friendly experience that allows anyone to get involved. Before, if you wanted to invest in altcoins not listed in popular exchanges, you’d have to go through a tedious process of registering with multiple exchanges and keeping track of all your account info. Now, thanks to CoinBundle, all your favorite coins can now be accessed in one place!

When you buy ETH, BTC, or any other coin for that matter, you’re basically purchasing fractions (for example, 1.224528157864726124) of the actual coin. As you continue to purchase more coins or even add more money to the original investment, it can get difficult at times to keep track of all your assets. When bundle investing, you can easily just buy 1, 2, or however many bundles you want, and keep track of all your assets in one place. This provides the user with a much easier and simpler experience. Outside of just the user friendly experience, bundle investing also means that you’ll be diversifying your portfolio when investing, which is always a beneficial thing for any person. Why invest in a highly volatile market with just a few specific coins when you can increase your own security by spreading around your money across multiple kinds of coins?

In fact, there are probably tons of coins you’ve been interested in purchasing but haven’t done so because you don’t know where to go. Well, now all of your diversification needs are solved. When purchasing a bundle, 1.54 bundles, or however much of a bundle you want to purchase, you know that all of your cash positions will have a significantly higher chance of being safe from sharp market movements. Let’s face it, the market follows giants like Bitcoin, but just like in any other market, there are always some coins that will move against the market. So, in the event that most coins see drops in prices across the board, you might also just have invested in a coin that’s moving in the opposite direction. Thus, another benefit of bundle investing has to do with the diversification of coins that you purchase through each bundle.

CoinBundle is the easiest way for people to invest in cryptocurrencies responsibly. We take all the hard work out of investing, letting you build your portfolio according to your needs. Bundle investing is more user friendly, straightforward, and efficient than other investing strategies.

How Can I Start?

As mentioned before, there is currently a lack of platforms which give users the ability to invest in a bundle of coins, which is why you probably haven’t heard of too many people doing this. Well, this is where CoinBundle comes into play. Using CoinBundle, you can maximize your gains through investing in a wide variety of coins all in one bundle. Don’t worry about having to keep track of all your passwords for every exchange that you’re registered for, as bundle investing gives you the liberty of viewing your entire portfolio all in one place.

For those who’d like to get a head start on bundle investing, you can start by doing your own research on specific coins which you would like to invest in one day. Keep track of which coins are the most volatile and which coins tend to be more stable over time. Using technical analysis, you can even assess price movements for your favorite coins to determine whether or not you want to invest in that coin. Thus, once you have all your favorite coins listed in one place, you can use CoinBundle to identify where a majority of the coins which you want to invest in a lie. All you have to do from there is purchase the bundle with the most shared coins and you’re all good to go.

What you don’t want to do is foolishly begin investing in single coins and keep track of them to call yourself a “bundle investor.” In reality, you’re just investing in single coins through different exchanges, which will become extremely difficult to manage as time goes on. Be patient and get a head start by doing your own research for potential coins to invest in. Again, once you follow these steps, you’ll be ready to start bundle investing through CoinBundle.

You can start by doing your own research on specific coins which you would like to invest in one day. Keep track of which coins are the most volatile and which coins tend to be more stable over time, then buy those coins in bundles provided by CoinBundle.

Do’s & Don’ts

So now that you’re aware of what bundle investing is, what that entails, and how to start, let’s go over some tips on how to maximize your investing experience.

DO: Develop a method to track all the coins in your bundle to make sure that one coin isn’t ruining everything. What most people will do is judge the performance of a bundle based on its overall returns, but further examining the individual coins which make up the bundle will allow you to make better investments when choosing in the future.

DON’T: Buy and sell bundles frequently. Just like with any other investment, you have to wait and be patient with each new cash position you introduce. Instead of continuously buying new bundles, try adding more money to your current bundles. By introducing more cash positions, you have a safer overall investment and more chances of seeing higher returns.

DO: Invest in different bundles. If you invest in multiple bundles but they mainly have overlapping coins, you aren’t maximizing your diversification. In fact, bundle investing is all about getting involved with as many coins as possible, so invest early and often in different kinds of bundles.

DON’T: Check your investment portfolio every day. Investments should be made without any emotion, focusing solely on the facts and statistics. If you’re following the stock market and your account balances on a daily basis, you’ll be riding a roller coaster of short-term emotions that not a lot of people can handle. Even worse, you’re increasing the likelihood of making a spontaneous decision to sell everything. Find a good pace at which you want to check your portfolio without causing any stress for yourself.

Conclusion

Bundle investing has revolutionized many industries by changing the way assets are bought and managed, so isn’t it time that cryptocurrency does the same? CoinBundle is making investing in crypto accessible and easy for everyone, utilizing bundle investing to do so. If you can remember to follow the advice given in this article, you’ll become a bundle investing pro and maximize your crypto-investing performance.


Have any more tips for bundle investing?
Let us know in the comments!

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