Hi guys,
Newbie here making a lot of mistakes.
I entered to this fascinating world last week after thinking it for months, (so yes, I decided to enter when everycoin was in its highest values), so right now I have some loses, nothing that specially worries me because I spent money I was willing to lose. But after a while I think I need to reorganize a little bit my portfolio, too much coins and it seems a pokedex. My goal is to hold like the 70%-80% of it for a long time, while I would trade with the rest of it.
That's my portfolio:
ETH 18.21 %
XRB 18.08 %
KIN 7.86 %
ICX 6.15 %
APPC 4.97 %
VEE 4.97 %
PRL 4.84 %
MIOTA 4.05 %
BAT 3.70 %
UFR 3.26 %
VEN 2.97 %
NEO 2.89 %
POE 2.74 %
TNB 2.68 %
WAVES 2.41 %
XRP 2.33 %
VIB 2.27 %
XMR 1.98 %
ITC 1.96 %
ADA 1.58 %
TRX 1.23 %
At least, ETH, IOTA and Rai are coins I want to hold whatever happens to them, I think POE will have a great future but for the rest, some projects seems really good, others..well, pure speculation. Can you give some advices about which ones sell, hold and so?
Thanks.
Your issue are not the coins but your mentality, you thought about it for months and without any experience invested in a huge number of coins and now that you are losing you want to reorganize your portfolio, decide which coins are you wiling to hold for and hold them for years, selling after a bad week is not something an investor will do.