Author

Topic: Diversified BTC investing... (Read 1083 times)

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
November 26, 2013, 12:04:39 PM
#9
maybe hold some LTC and dont sell them would be a good deal  Wink
hero member
Activity: 490
Merit: 500
November 26, 2013, 10:46:46 AM
#8
I run a pretty similar portfolio except I spend more

If all goes to plan, a few btc's is all I will need
legendary
Activity: 1218
Merit: 1003
November 26, 2013, 08:17:38 AM
#7
I do like NeoBee as a double down on Bitcoin. It relies a lot on the future price of bitcoin (though not completely)
If it works out then you win with bitcoins and dividends/share price rise, if not then you would have lost out in $ terms anyway..

It only fails if bitcoin does well and despite that somehow NeoBee fails..
member
Activity: 123
Merit: 10
November 26, 2013, 07:23:22 AM
#6
hm.... Never thought of mining LTC, thanks for mentioning it. Will probably try it myself.
hero member
Activity: 623
Merit: 501
November 26, 2013, 06:43:18 AM
#5
I like the part where you mine LTC and buy BTC with it. Maybe I can use my imac to do that  Smiley
hero member
Activity: 910
Merit: 501
November 26, 2013, 12:46:19 AM
#4
No this looks good

Truth is my own mix is pretty similar, slightly larger cold stash %, slightly smaller punt stash%

Nice work!  My plan is to rebalance every 2-3 months....the massive swings in price necessitate it!
hero member
Activity: 910
Merit: 501
November 25, 2013, 10:56:46 PM
#3
As long as you never sell that 30% of BTC, you will be good.

Yeah, that's exactly what I was thinking. I constantly cash in and out with 10% of it..hedging my bets against both rising and crashing prices, but the fundamentals of BTC are sound..in my mind it can't fail (long term).
legendary
Activity: 882
Merit: 1000
November 25, 2013, 09:40:34 PM
#2
As long as you never sell that 30% of BTC, you will be good.
hero member
Activity: 910
Merit: 501
November 25, 2013, 08:05:01 PM
#1
I know this isn't really the forum but I do know some of you are of sound financial sense, so I wanted to run this by you.

My portfolio is all about diversified investing, as such my stocks comprise mostly ETF index funds (20% CDN, 20% USA, 30% emerging markets, 10% small cap riskier stocks).

Now the remaining 20% I have invested in crypto. And its divided as such:

30% cold storage BTC
30% cash in hand waiting to buy more BTC
30% LTC (I GPU mine LTC and that is how I acquire my BTC)
10% BTC/LTC that I play the market with trying to time peaks and valleys to increase my cold storage stash.

I guess my question is, is there anything glaringly wrong with my weightings in either the crypto portion of my portfolio or even how much crypto comprises in the entire portfolio? Any thoughts or comments are certainly welcomed.
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