You made mentioned about 20 different coin and you think that is a diversification?
It's just an easy means to lose all your money, 2-5 different coin bitcoin inclusively are just okay in my opinion because I don't see any reason of holding much different coin which you can't predict their future. Though if holding them is just for only short time investment then it's fine, but I wouldn't encourage any hype coin or pump and dump.
Topic: Confused on rotating profits. I’m scared my portfolio size is way too big. - page 3. (Read 352 times)
December 07, 2024, 03:56:14 PM
December 07, 2024, 12:00:16 PM
Hi guys, m back again. As you all know, this is my second cycle. In my first cycle, I didn't have much to invest, but this time I have $3,000 spread across 20 different coins. I invested $250 in some of them, but not all.
Yesterday, one of my investments gave me a profit, which I'd invested around $250 in. It grew to $500, so I took a $250 profit and invested it in Turbo.
I have a few questions:
1. Is it okay to rotate my profit into another coin, or should I invest it in a stable coin or leave it in USDC?
2. Do you think investing in 20 coins is too much? Should I reduce my portfolio?
Heard people saying whenever you take profit from any investment, dont rotate it to another. I’m honestly scared, i dont want to miss out. I want to make it this bull run too like you guys.
I'd love to hear your opinions on this. Thank you!
Yesterday, one of my investments gave me a profit, which I'd invested around $250 in. It grew to $500, so I took a $250 profit and invested it in Turbo.
I have a few questions:
1. Is it okay to rotate my profit into another coin, or should I invest it in a stable coin or leave it in USDC?
2. Do you think investing in 20 coins is too much? Should I reduce my portfolio?
Heard people saying whenever you take profit from any investment, dont rotate it to another. I’m honestly scared, i dont want to miss out. I want to make it this bull run too like you guys.
I'd love to hear your opinions on this. Thank you!
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