Topic: How diverse is your crypto portfolio? - page 2. (Read 963 times)

Huh?. Bitcoin is a new class of asset. Cryptocurrency, blockchain asset, whatever you wanna call it. If you call yourself an investor, then you already have stocks, real estate, maybe precious metal. Adding Bitcoin is a diversification strategy. Adding 5% of your portfolio to Bitcoin diversifies your portfolio. Adding 5% but inside Bitcoin is 10%, NFT and shit is 90%, that's not diversification that's dilution.

You're talking about trading, which is what I said, gambling without understanding.

I also often think that this greed is a very bad call, in that we often make the mistake that all the trades we make are very short-term, in which all our losses are substantial, I think all those who are long-term traders are more successful than us, the main reason is that they have a lot of patience because they are full of patience and we have this impression. It is found that we get panic very quickly, the main reason for drinking is that there is such news in the market which causes the market to crash a little, then it tries to stabilize its price. But we just sell it because of panic, in which we lose a lot

If you choose to invest only in Bitcoin, than what is diversification? Investing in one and only one asset is no diversification at all.

I think, a lot of altcoins are falling towards Bitcoin, especially if we look at them in a long perspective. But a good trader can also profit on that, if he knows how to short. I wouldn't say that everything else except bitcoin is gambling. But it requires a lot of preparation and previous analysis.

i think one one don't want to share exact amount of holding in their portfolio, but no problem to disclose about percentage, as my portfolio now i'm holding a lot of cryptocurrencies with bitcoin, 30% in btc but i am going to more investment in bitcoins,
it will be long term holding but i don't believe holding altcoins in long term, it might be pretty risky, so i will sell altcoins at any time with some profits.

The portfolio is currently only in the top altcoins on CMC, but almost 60% of my portfolio is in bitcoin because for me bitcoin is the safest asset to diversify existing assets. Moreover, this year was a year of growth for Bitcoin and even the top altcoins. So I will not waste the opportunities that exist this year or even the next few years.

What you need to remember. Don't invest to look for profits to get rich quickly, but look for assets that are safe in the long term and will certainly be able to improve your finances in the future. Only choose altcoins that are currently hype, if you don't know the right moment it will cause you to experience losses.

The first world to diversing your portfolio is gain your knowledge about cryptocurrency and trading. If you have the proper knowledge and experience then you will able to understand that which coin you should include your portfolio. Even then I don't think it's necessary to diversing your portfolio for more profit you can gain a good profit with your technical skill also but in case of this you must have good knowledge about cryptocurrency.

Diversification makes sense as an asset class.

Diversifying crypto doesn't make sense at all if you understand that all of crypto follows Bitcoin. People say alts perform better in a bull run but even that's a gamble. To me the risk of an alt dying is too large to hope for that boost in bull run.

Bitcoin is the diversification strategy. Everything else is gambling without understanding.

My portfolio may not be as large as that of other users here. Because I started it not long ago, only last year. I have a lot of altcoins in my portfolio. But Bitcoin is the most popular at the moment. And that's probably more than 50% of my portfolio right now. But maybe the number will change when some of the altcoins I own have a high increase. Because some of the altcoins that I have collected have grown so fast and the numbers have doubled for some of the altcoins. But there are also those who are still staying put. Well the price hasn't changed much since I bought it last year.

I'm probably just one of many people hoping to have a pleasant experience in the current bull market and after the bitcoin halving occurs. Maybe this is a bit excessive but I want to change my life for the better. But I know nothing is instant. But I will enjoy the process and fight harder. And continue to grow my portfolio nicely.

Diversification makes more sense when you choose those assets which seem understandable and at least somehow predictable for you. For example, if you pay way more attention to ETH, than BTC, that it is more logical for you to invest in ETH. Even though it is common to be sure that BTC is more perspective. If you follow only one coin, than focus on it and don't spread yourself thin. If you feel the confidence and have enough time to figure out some more currencies, than you can diversify.

Yes, the main thing is that it doesn't matter how big or small it is, but that the money is money that is really prepared to invest, so it won't interfere with other needs, either now or in the future.

Next is about diversification. This is okay, but the city also needs to pay attention to what kind of diversification it used to be. Because if diversification is only to invest in new altcoins, hype coins, and several other altcoins which in fact have no use case, weak fundamentals, and low market cap, it will not work. So, yes, it's better to just use Bitcoin. Or, for example, if we are going to invest in altcoins, we can choose top coins that already have a high market cap, are solid, have a real use case, and really have potential. The point is, don't invest our money in fake or hype projects just for the reason of diversification. keep considering and prioritizing DYOR.

When it comes to diversification then it would really be just that wise that you should really know on how to diverse your portfolio, and we cant really just that let ourselves be sticking on a single point because loses is inevitable on a single coin that we are holding. We might really be that not able to recover specially if you have chosen the wrong project or coin.

When it comes to diversificaiton then it is really that something recommended but not all would really be thinking about this matter or simply they cant really just do such thing because they dont have the money for them to do so. It is really just that there are people who cant really be able to make some extra movement because they dont have any funds for them to do so.

It is really just that there are ones who are really that lucky that they do have funds for them to explore other investment not really just that limited on cryptospace but also in other markets as well
or investment or businesses on which they could really be having that tons of source of income if one of those would really be able to succeed. It is really just that there's no way that
we could be able to determine on which one would really be bringing out a fortune. This is why it would be always best that we should really be having that kind
diversification when it comes to investment.

A couple of days ago, I read such a thread where the member was asking that if we have 5000$ in our portfolio how should we diversify our portfolio into multiple cryptocurrencies? I gave him a suggestion that if he has this money So, First of all, invest 90% of your portfolio into the bitcoin and the rest of the 10%, diversify your amount in Altcoins after doing research like, only put your money in those coins which have strong use case. Their team is working on the project ecosystem and collaborating with other good projects.

These kinds of projects give us a good return on our investment and Show us Good movements in the altcoin season according to our expectations. Try to invest in  5,6 projects like if one is not performing well another will perform well and it will also help you to overcome your risk on your investment. DYOR

I normally don't want to give you an idea about my portfolio, it might hurt me to give an idea about the portfolio at this moment. But I am giving you a simple example, I have two other coins including Bitcoin linked to my account. Here I will not mention the dollar value, because it should not be mentioned here.

Some people prefer to diversify their cryptocurrency portfolio, so they keep their funds in multiple altcoins, if i was a holder I would've done the same. because i think it is safer to divide your portfolio among multiple altcoins to increase your chances of profit and decrease your risk of losing big percentage of your portfolio incase of a price drop for one coin/token.
First type may earn more money in shorter time. but he can loose more money in shorter time too. in fact can loose all his money some time. I think second type of traders are better, they are smart, steady and patience, they take less risk and make less profit because they are not greedy and don't want to loose all their money at once.

This is something the right thing that you should really be doing on which instead on trying out to bag shit coins or meme coins into your bad, it would be always that ideal or something that normal to think that you should really be sticking into those projects which you do see that it would be having a solid and having that assurance at least or does have potential on which we could possibly be able to have those kind of big gains on the time that the market would really be having some huge spike up or simply saying about bull run thing or period.Diversification would really be always that best on which you arent that only limiting yourself on few coins or main coins but also in other coins as well on which you do know that you could really be able to make profits out of it. This is why people would really be having that kind of advantage to those people who do have enough capital
and to those people who doesnt have because they cant diversed out their positions just because of lacking of finances. This is why they do missed out on those golden opportunities on which they couldnt really be able to hit up just because they dont have sufficient funds or having that enough money for them to do so. So this isnt really something that would really be applicable to all.

What matters more is that you are hodling the right coins to invest, no matter how small your portfolio is. I would even say it's still a wise decision even if you only invest in bitcoin as long as you store huge amount of bitcoin, that way if bitcoin price goes to the moon, for sure your profits will go massive as well.

However, with regards to mine, probably diversifying this time is not actually that you have to spread out your investments with bitcoin, altcoins and even shit coins. As long as I have bitcoin and few of altcoins that I think will grow their potentials, then I'm fine and confident with it that I won't suffer from big future losses.

There are two types of traders with whom you will encounter with. One who likes to take more risk and make more profit in short period of time, and other who takes less risk and less profits. I like to do safe investments. I am more of a person who likes to invest rather than trade. If you ask me then I have major portions of investment in BTC. Some in ETH and few in BNB and XRP. I trust these coins and hence I know they won’t make my overall profit red.

There are different altcoins but all can go down once the alt season is over. So indeed that we need an asset from a different market. Take Bitcoin for example. There are also gold, real estate, etc. We only need a good capital to make it happen since they are more costly than altcoins.

If we are struggling financially, it's better to just go for them instead of altcoin. They are safer because they can hardly dip and once they do, they can always recover (it can be quickly too). And most of all, their pump potential is high. After we successfully sold for a profit, maybe that is the time to consider adding altcoins and other types of assets to start our diversification journey/strategy.

There’s no rule actually that says you need to diversify your bitcoin investment with altcoins or meme coins. Bitcoin alone is good enough, as long as you hold a bigger amount of it. However, if your aim is to diversify so you can maximize your future returns of investment, then you can invest in real estate or stocks as well. At least, you know for sure that its value will never depreciate in the long run but will always rise its value significantly.

It’s only safe to invest in altcoins when you are at the right coins, but investing in wrong altcoins will only make your capital end up at a high loss.

quite a lot, there are probably around 20 types of crypto from Layer 1, Layer 2, Defi, Depin, RWA, AI and memecoin projects, maybe I can't say it one by one, but more clearly the projects in that category are altcoins that I have today in my portfolio besides bitcoin.

The way that I think is good for the current cycle category is that we have to follow the narrative that is developing and being discussed, because I find so many potential categories then I better choose one of the projects that have broader potential for me to invest, especially projects that have categories related to other categories it will be quite a big help in getting hype in the current year.