Did I diversify too much? - page 2. | Bitcointalksearch.org

Dyn@styN3rd

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Quote from: Poink on January 26, 2018, 08:59:32 PM

I have 35 coins and I want more. Wink

I agree. Buying altcoins in exchangers is really addictive that makes me think I wish I have plenty of money to buy some more but then reality will hit you after a few seconds that you don't have buying power anymore Grin

As for OP, I think you didn't diversify too much but I think you need to buy more ETH if you don't like adding more BTC on your portfolio.

Poink

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Quote from: nunzio2012 on February 01, 2018, 05:19:37 PM

Quote from: Poink on January 31, 2018, 09:13:03 PM

Quote from: weav on January 31, 2018, 07:25:18 PM

It will depend on the way you want to invest , i would never hold less then 10% of my portfolio in a coin . Because i think you won't get enough gains even if it moons. If you like that many project i think it is time to pick the best out of them and take a bigger position in it. But if you like to hold small amounts of really high risk coins it can be worth it i guess.

Even if you have more than $100,000 invested???

It's even more important if you have invested more than 100K!

Example - ARY (Block Array) is now listed on Kucoin and this is the first coin UNDER the ICO price there. What will happen if you follow the mass trend and goes all in there or with 50%?!

LOL You said no less than 10%...that means equal or more than 10%. 50% & 100% is in that group. So using that ARY example, you are saying you are wrong then?

albio87

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it has a good balance, you can even diversificate more, betting really small amount on small gems that could expode or go to 0

nunzio2012

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Quote from: Poink on January 31, 2018, 09:13:03 PM

Quote from: weav on January 31, 2018, 07:25:18 PM

It will depend on the way you want to invest , i would never hold less then 10% of my portfolio in a coin . Because i think you won't get enough gains even if it moons. If you like that many project i think it is time to pick the best out of them and take a bigger position in it. But if you like to hold small amounts of really high risk coins it can be worth it i guess.

Even if you have more than $100,000 invested???

It's even more important if you have invested more than 100K!

Example - ARY (Block Array) is now listed on Kucoin and this is the first coin UNDER the ICO price there. What will happen if you follow the mass trend and goes all in there or with 50%?!

phr0stbyt3

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No you seem completely fine i also have a similar type of the percentage isnt the same but overall i would suggest yiu to hold on to this , link should be bought more i can assure you something big is soon going to happen to its price , i cant reveal much but link is going to make a big difference

ahoenk

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No..that is good diversify bro. Almost of your coin is coin which has futures and real used case especially litecoin and ethereum.litecoin still at under price now in my calculation and for ethereum it still have space for growing as we know that ethereum has many project on top of its blockchain and after casper launch its probably will goes up and break all time high againts bitcoin.

waynechong1995

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For me diversification works but depends on your risks appetite, and most importantly your CAPITAL, it's okay if you just testing water, but if you are serious and would just look for decent profit before cryptocurrency matures, it's good to reduce your diversification that much when your capital is less, a 100% on a coins you bought for just 200$ doesn't make much difference but you just miss a good opportunity to make money for it.

But as we know cryptocurrency are risky and your BEST entry you thought might go down 20% easily on crash, i believe the super-duper diversified portfolio you would suffered similarly.

kyle0671

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I'd say 10-15 coins is average for most of the people that I've had this discussion with. More than that becomes quite a task to keep up with on all news mediums. Just make sure that each coin has quality team and underlying tech, then you shouldn't sweat the investments.

nascrypto

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It's so many coins and the hype is on for many projects. Very difficult to decide and build a portfolio that's really lasts for a very long time.

Poink

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Quote from: Getcoinsite on January 31, 2018, 09:31:35 PM

Quote from: Poink on January 26, 2018, 08:59:32 PM

Only if you feel that way. I have 35 coins and I want more. Wink

really?35 coins on your portfolio?awesome can you share how much you put in each of everyone so we can find more detailed basis for investment,coz i only have 6 on mine and so far don't find putting another again..but i dont know what will happen for the future as the market now is flowing with blood..

Regarding to OPs concern,i guess thats fine,though you put alot in litecoin for me better to lessen the coin and add in bitcoin maybe.

I did not start with that many coins. Normally, I try to put about $500 on each coin. Several times that if I really like it. Once it multiplied to 3-5x, I "harvest" half which is my initial investment plus some income. I mostly leave the coin alone at that point unless I lost faith on it then it will be cashed out/sold completely. There are a few coins I really like, those are not sold until they reach the projected goal.

Whatever I take out is re-invested buying another coin. By doing this repeatedly, you accumulate coins over time.

No one knows the future, but if you invested on coins you thoroughly researched, it lessens the worry. This month, I lost 60% of my portfolio value at one point (only 40% value left). I was sad but not scared. Today, I am still just 60% of my ATH but I know better days are coming and I will be seeing new ATH soon.

Positive outlook always helps. Wink

Getcoinsite

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Quote from: Poink on January 26, 2018, 08:59:32 PM

Only if you feel that way. I have 35 coins and I want more. Wink

really?35 coins on your portfolio?awesome can you share how much you put in each of everyone so we can find more detailed basis for investment,coz i only have 6 on mine and so far don't find putting another again..but i dont know what will happen for the future as the market now is flowing with blood..

Regarding to OPs concern,i guess thats fine,though you put alot in litecoin for me better to lessen the coin and add in bitcoin maybe.

Poink

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Quote from: weav on January 31, 2018, 07:25:18 PM

It will depend on the way you want to invest , i would never hold less then 10% of my portfolio in a coin . Because i think you won't get enough gains even if it moons. If you like that many project i think it is time to pick the best out of them and take a bigger position in it. But if you like to hold small amounts of really high risk coins it can be worth it i guess.

Even if you have more than $100,000 invested???

weav

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It will depend on the way you want to invest , i would never hold less then 10% of my portfolio in a coin . Because i think you won't get enough gains even if it moons. If you like that many project i think it is time to pick the best out of them and take a bigger position in it. But if you like to hold small amounts of really high risk coins it can be worth it i guess.

nunzio2012

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Quote from: Phewphewphew on January 26, 2018, 08:49:43 PM

Hey everyone,

I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?

32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link

No, I think you are having way too more than necessary in LTC. This is the first portfolio in a months where LTC is the leading coin.
You could easily split it between few more alts for higher profit expectation.

mikyadel

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diversity means less risks but drop some of these coins and add coins with relatively low marketcap to gain more profits

Marvell1

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I think that this investment portfolio has already given you an excellent profit. It's a good time to buy new coins because the whole market has fallen. After such falls you can make a pretty fast profit.

Jating

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Quote from: burdeN on January 31, 2018, 03:48:06 PM

Quote from: Phewphewphew on January 26, 2018, 09:02:13 PM

For example, someone told me it's nonsense to hold btc and ltc, because ltc follows btc pumps/dips and I should only hold 1 of them.
Should I consider adding a privacy coin?
Or even more "platform" coins like eth?

This is bullshit, pretty much every coin follows btc. Except if some coin is pumped or has some major update. You can make sure of this by going on coinmarketcap and see what happens now, when btc is dropping.

Well this can be true about a couple of years ago. But time has changed buddy. Not every coin now follow the pattern of bitcoin. Heck, in December alone, all coins are enjoying their best year so far. So that's mindset no longer applies to the current state of the market today.

My only comment on his portfolio though is put more money on bitcoin. You mentioned privacy coins, Did investing on Monero cross your mind? Another good coins for me to put some investment on it. And yes, ETH is one coin that I would love to invest as well. Just saying.

marilyngroom

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Today I've been thinking about people who invested their whole life savings into Bitconnect. Hundreds of thousands of dollars some people losts, because they did not diversify.

burdeN

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Quote from: Phewphewphew on January 26, 2018, 09:02:13 PM

For example, someone told me it's nonsense to hold btc and ltc, because ltc follows btc pumps/dips and I should only hold 1 of them.
Should I consider adding a privacy coin?
Or even more "platform" coins like eth?

This is bullshit, pretty much every coin follows btc. Except if some coin is pumped or has some major update. You can make sure of this by going on coinmarketcap and see what happens now, when btc is dropping.

Poink

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Quote from: ItsEzMkay on January 31, 2018, 02:04:02 PM

I don't think there is a thing as diversifying too much but you can diversifying too thin if those are the same things. Anyways I would argue that you could diversify more with more coins and have a smaller range from top to bottom, other than that I don't mind your selections. Make the range tighter though, that should help your results some.

I love that...I am stealing it (hope you don't mind) Cheesy

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Many seem to think that everyone have the same amount of investment. IMHO, having 10 coins with $1,000 investment is too thin...but with $20,000, it is fine.

Topic: Did I diversify too much? - page 2. (Read 889 times)