BTC Portfolio Diversification - page 2.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Bartello on December 09, 2023, 09:26:07 AM

The money I have left over each week ranges between 50-70% of my net income, of which I currently allocate 50/50 between the below -

Bank Account savings at 4.75% AER/Gross variable interest (paid daily)
Purchasing BTC using DCA approach

So far, I've looked at the below options on eToro for diversifying my portfolio -

ETH
Various other altcoins
Commodities - Such as SPDR Gold
ETFs - Such as SPDR S&P 500

Sorry if this is has been posted in the wrong section.

In my personal opinion, don't diversify so much that you'll be spreading your capital too thinly, making you have meager profit. We don't need to diversify like a billionaire asset manager because we don't have their billions in capital.

Use your limited capital more efficiently, and put them in one or two of your most confident investments. The smaller the capital, your risk acceptance should also go higher.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

I don't suggest following those traders. What you do, is do a lot of reading and make decisions yourself. Those copy-traders have the reputation of doing really well in a shorter timespan(1-2 years) but get totally rekt in the longer term.

franky1

legendary

Activity: 4410

Merit: 4766

lets look at the shares industry
after researching which companies have not recently diluted shares or had any financial troubles and are sustainable to last, where you like the companies and think they have potential via the research you done into their business plan

chart all possible investments out to their last 5 years performances

then using their 5 year low and 5 year ATH.... rate the position the price is now using traffic light system
for instance. on shares. i looked at vodafone, lloyds and prudential (for this demo all three randomly picked, not researched or suggested)

green buy, yellow hold red sell

the more green they are the more you invest into them. as oppose to how much you would if they were yellowing

you can set numeric values for the colour

yellow 0 dark green 30
add the numbers up to get a total

EG 25 28 0 (image: top mid bottom)
totalling 53
then do percentage math
100/53*25= 47% of your amount you want to invest in shares into top image
100/53*28= 53% of your amount you want to invest in shares into middle image

basically you are budgeting "buy low, sell high"

un_rank

hero member

Activity: 644

Merit: 661

- Jay -

Quote from: Bartello on December 09, 2023, 09:26:07 AM

So far, I've looked at the below options on eToro for diversifying my portfolio -

Are you looking primarily to diversify through the eToro platform, or you are interested in any investment option which is available?

Quote from: Bartello on December 09, 2023, 09:26:07 AM

ETH
Various other altcoins
Commodities - Such as SPDR Gold
ETFs - Such as SPDR S&P 500

For Crypto, I will keep it tidy and stick entirely with Bitcoin. The bull market is coming and there is the possibility that several altcoins will go to the moon and back down, but I will only touch them with a long stick or not at all. Do your research but always keep in mind what you want from an investment and do not invest cause there is an available option.

- Jay -

Bartello

newbie

Activity: 14

Merit: 0

Quote from: WhyFhy on December 09, 2023, 09:44:53 AM

Looking at BTC from 4-5 year viewpoints , does your 4-5% apy still matter?

Thanks for the reply. I don't think I understand your question, but if it relates to the gains of each over the same time frame, then the only reason I'm allocating at 50 / 50 is because I don't intend on withdrawing anything from my BTC investment over the short term and view this as a mid-long term, as opposed to my bank savings which are short-mid term where I will only touch them in emergencies etc, but maybe somewhere down the line I will increase my BTC weekly investment once I'm satisfied with the amount in my savings + I guess I always have an option to purchased in bulk should the price permit.

WhyFhy

hero member

Activity: 1434

Merit: 513

I couldn't chime in on the DCA/ETF stuff but will say that majority of alt coins are trash.
Treat Bitcoin in a higher regard than gold if youve embraced crypto this won't be hard to do.
Treat Eth as silver.
Consider everything else copper. Or a means to get more gold and silver.
I'm all for diversification , but some Alts are really worthless with high value... Or really useful to never really take off.
Looking at BTC from 4-5 year viewpoints , does your 4-5% apy still matter?

Bartello

newbie

Activity: 14

Merit: 0

Hi All,

I'm new to this forum, and investments in general, and have recently received excellent suggestions to get me started, but was wondering how you all diversify your portfolios? To add some context, here is the link to my first post here https://bitcointalksearch.org/topic/bitcoin-investing-dca-5476808.

I have been browsing through the investment sections on the eToro app and have been looking through the "copy traders" to see what investors that have high percentage of returns are doing, but I don't just want to click buttons and follow blindly, but want to be able to understand not only what I'm doing and why, but, the pro's and con's of each area of investments and the advantages of diversifying with them.

The money I have left over each week ranges between 50-70% of my net income, of which I currently allocate 50/50 between the below -

Bank Account savings at 4.75% AER/Gross variable interest (paid daily)
Purchasing BTC using DCA approach

So far, I've looked at the below options on eToro for diversifying my portfolio -

ETH
Various other altcoins
Commodities - Such as SPDR Gold
ETFs - Such as SPDR S&P 500

Sorry if this is has been posted in the wrong section.

Topic: BTC Portfolio Diversification - page 2. (Read 247 times)