How diverse is your crypto portfolio? - page 3.

Silberman

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Quote from: wtsimis on January 05, 2024, 11:53:35 AM

In the current scenario, I really don't diversify my portfolio very much. Because I flipped my trading management. I have not invested in any major coins to make my management easier. Due to which I have a very embarrassing situation. But to diversify your portfolio a lot, every trader should invest 50% in large market cap coins like bitcoin, ethereum and rest in alt coins. For the past few days I have tried to change my portfolio for a short period of time by taking small trades but it did not turn out well for my portfolio.
The bottom line is to invest honestly and trust any good coin that always follows Bitcoin. Then you will definitely see a diversified portfolio.

And this is the problem of diversification when you are only using altcoins to achieve that goal, diversification is supposed to bring protection to your portfolio due to the different cycles each different market may be going through, so even if some of your assets were doing badly, you will be compensated with the assets that were doing well, but when all the assets on your portfolio come from the same market then such protection does not exist, and you can lose a lot of money on your attempts to reach the diversification you are looking for.

wtsimis

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In the current scenario, I really don't diversify my portfolio very much. Because I flipped my trading management. I have not invested in any major coins to make my management easier. Due to which I have a very embarrassing situation. But to diversify your portfolio a lot, every trader should invest 50% in large market cap coins like bitcoin, ethereum and rest in alt coins. For the past few days I have tried to change my portfolio for a short period of time by taking small trades but it did not turn out well for my portfolio.
The bottom line is to invest honestly and trust any good coin that always follows Bitcoin. Then you will definitely see a diversified portfolio.

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Quote from: libert19 on January 03, 2024, 10:05:19 AM

Ethereum and Ethereum l2s (Arbitrum, Optimism), Solana, Pyth — holding part of airdrop received, Atom, Osmo and Hive. There are some shitcoins not worth mentioning, if they disappear I don't mind, if they get significant value worth selling, I'm gonna get rid of them.

There are many airdrop tokens that had not launched I am looking at to make money from them.
I really plan to make money from crypto projects that are not yet in the market for now. U have noticed that many of the bounty and airdrop tokens used to have fantastic movement in the market. There is still so many coins I intend to buy and hold for the bull market and I will not be desperate at all.

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Quote from: R100K-Martin-Lunger on December 20, 2023, 09:32:37 AM

Hi guys!
Just wanted to know how many cryptocurrencies you're invested in? And with what percentage of your portfolio (No need to mention the amounts involved, if you don't want to). Just want to get a general sense of how everyone's diversifying their crypto assets.

Well, there are many coins in the market that everyone wants to buy, but whoever has the amount of capital can invest in different coins accordingly. I have 50% of my portfolio invested in Bitcoin and Ethereum. This is because Bitcoin is considered one of the most secure cryptocurrency. After which Ethereum is in second place in the market, It is also a strong and top coin in the crypto market. Apart from this 30% capital I have invested in top and strong projects in the market which are old coins and have been in the market for many years.

While at present there are new projects in the market and some have come up in which I have invested 20% of my capital in them by choosing good projects. Also I have included coins belonging to almost all categories in new and old projects, because I have to keep in mind that any category can have a trend in the bull season so that I have coins of all categories, because AI, Metaverse, Gaming web3 can not ignore any category.

Assface16678

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Well, I don't have a really huge amount of capital or funds to fund my trading, so for the years of trading, of course, I have bitcoin, which will never be included in my portfolio, and some other altcoins such as ethereum, XRP, etc. In total, I have 5-7 altcoins that I'm currently trading, and for the years, I don't know if there are more altcoins that I tried. I trade memecoins and shitcoins, but some of those didn't do well, so right now I don't trade those coins.
So I can say my portfolio is not too diverse because I only have limited capital to trade and I need to divide it among the current coins that I trade or holdings, but as long as I'm earning, I will trade in these coins and expand my capital, so if there are more potential currencies or coins that emerge, then I can trade them. I know this may sound like a tiring or bad idea to trade on different coins, but that is my strategy, and I earn from it, so I will trade on my own accord and capability.

Woodie

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Back in the day when ICOs were a hot topic and when I was so much into bounty hunting , my portfolio had an average of 100 tokens of which some have become shitcoins or died completely and I have moved on to avoid high expectations from them..though will check on these every 5years incase they resurrect lol...

But with my new portfolio, have chosen to lower my risk to avoid holding shitcoins and losing money by going with a small portfolio of not more than 20 coins from a pool of thousands of coins on the market...

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Quote from: R100K-Martin-Lunger on December 20, 2023, 09:32:37 AM

Just want to get a general sense of how everyone's diversifying their crypto assets.

Yes, you've to diversify in order to properly position yourself for the bull rally as no one knows what coins and tokens will give the most ROI. Diversification helps offer that opportunity not to completely miss out. But whatever you diversify into, make sure you hold a substantial amount of Bitcoin. You can do a 50% of your capital on Bitcoin and the rest 50% on various alts of your choosing. Make sure not to pick alts to invest in from hyped ones. Research the token and its tokenomics.

Quote from: Mate2237 on December 20, 2023, 05:03:08 PM

Though Eloncoin is just a new project that hit the market recently and it is doing well.

I'm not sure Eloincoin, the one you're advertising for, is on the market yet. You can shoot us a link if you're certain about it. Otherwise, you could be referring to This One, and I think you've got the wrong one. If that's the case. Look at both logos.

tbterryboy

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I am the type of person who doesn't believe in extreme diversification and I only invest in cryptocurrencies that I know has the potential to provide profits in the long term because a portfolio should consist of assets that you plan to hold for the long term which is why I don't consider cryptocurrencies that I buy and sell for short time intervals to be a part of my portfolio, or I should say my long-term portfolio.

I often see people having a very long list of assets in their portfolio and they have very small amounts invested in several different cryptocurrencies. I know that diversification is a good thing, but that isn't the right way to do it. You should have a few cryptocurrencies to have your capital spread in them.

Diversification provides higher profit potential, but when you invest small amounts in so many assets, that potential is reduced.

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Quote from: R100K-Martin-Lunger on December 20, 2023, 09:32:37 AM

Hi guys!
Just wanted to know how many cryptocurrencies you're invested in? And with what percentage of your portfolio (No need to mention the amounts involved, if you don't want to). Just want to get a general sense of how everyone's diversifying their crypto assets.

I’m actually more focused on bitcoin and not on altcoins since I have seen in the past that only bitcoin survives in the end and majority of the altcoins are losing its value before it gets to its new all time high. So diversifying bitcoin with some altcoins is not my thing, but I have future plans to invest in gold and real estate as well as soon as my profits for bitcoin have been realized.

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Quote from: tsaroz on January 03, 2024, 11:35:27 AM

What I've always realized is all I have in my portfolio were either the well established coins like Bitcoin, BNB, Litecoin, etc. or crazy high risk meme coins. I always believed in diversifying my portfolio but never had chances to learn and analyze alts from different sectors. I had the urge to diversify it but never had the time.
Than I find some option that could help me achieve my goal of diversification without spending more time. There are now index funds, that invest in multiple alts from different sectors and redistribute the balances and profit according to the price change. The investment is still early and the data are not green yet. But I believe such indexes could be a thing in the future.

Index funds sound a great deal because as we get involved in more stuff it's becoming difficult for me as well to manage and diversify my portfolio as I have very simple approach of 70:20:10 approach now which is 70% BTC, 20% in reputed altcoins and remaining 10% in high risk altcoins. But I would like to think of index funds as this will reduce the risk cohort and increase the chance of we getting benefitted by pump in the value of these coins if it happens.

Wind_FURY

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Quote from: beerlover on January 03, 2024, 01:03:05 PM

Quote from: Wind_FURY on January 03, 2024, 09:20:15 AM

If you don't have Warren Buffett kind of capital, then it's definitely a bad idea to "diversify" your "portfolio". What we plebs need to do is keep it simple and invest in two or three good cryptocurrencies with Bitcoin getting the largest portion of the investment for "stability". It's funny saying that because Bitcoin is also volatile.

Personally, I have everything HODLed in Bitcoin, and although I might have lesser returns than if I invested in shitcoins, I'm very confident that my money is in the safest, most sound investment in crypto.

I would guess that the main reason for this is that because other alts are not really that great, not because diversification is bad. I mean you are right, but not due to our finances, even a rich person should not be diversifying their portfolio with shit coins, and most of the coins are shitcoins, so it doesn't make sense investing into those stuff. It would make sense if you know what you are doing and invest into good things, but it is not going to be all that easy, so you should definitely be careful about it.

No, it's actually because for plebs like us who don't have the kind of capital that Warren Buffett/Berkshire Capital has to invest, too much diversification could be a mistake and would defeat the purpose of speculating on the market in the first place.

Diversification's actual purpose is to reduce volatility and to manage risk. But as plebs with little capital, we should embrace volatility and risk. High Risk = High Reward. You want your $10,000 to become $100,000 or more in one or two cycles, not a mere double or triple of your original capital.

Personally, I have always suggested to HODL only Bitcoin. But it's only a personal preference.

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Quote from: beerlover on January 03, 2024, 01:03:05 PM

Quote from: Wind_FURY on January 03, 2024, 09:20:15 AM

If you don't have Warren Buffett kind of capital, then it's definitely a bad idea to "diversify" your "portfolio". What we plebs need to do is keep it simple and invest in two or three good cryptocurrencies with Bitcoin getting the largest portion of the investment for "stability". It's funny saying that because Bitcoin is also volatile.

Personally, I have everything HODLed in Bitcoin, and although I might have lesser returns than if I invested in shitcoins, I'm very confident that my money is in the safest, most sound investment in crypto.

I would guess that the main reason for this is that because other alts are not really that great, not because diversification is bad. I mean you are right, but not due to our finances, even a rich person should not be diversifying their portfolio with shit coins, and most of the coins are shitcoins, so it doesn't make sense investing into those stuff. It would make sense if you know what you are doing and invest into good things, but it is not going to be all that easy, so you should definitely be careful about it.

I personally do invest 50%+ of my money on just bitcoin, and I have been quite happy with it for the longest time, I do not think that I will change that. Only thing that would change it would not be how much money I have, I can have a million dollars, still would do what I am doing now, but if only alts get better. Then I would consider maybe potentially changing something, that would definitely have a greater impact on what we are doing.

Choices would be made wont really be that definitely be precisely to be right or something that would be good specially on dealing with altcoins.There's no way that we could really be able to hit up the right
things just because we've been choosing on having that diversification thing but we dont know on what would really happen into this market in the first place on which means that there would really be no assurances
whether we do really hit up the right spot or not. Diversification would really be always best and something that recommended and something that would be preferred but since not all would really be having that kind of risks management and finances then this is where people do really miss out on doing such thing. So its a matter of choice on which one you would really be taking into.

beerlover

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Quote from: Wind_FURY on January 03, 2024, 09:20:15 AM

If you don't have Warren Buffett kind of capital, then it's definitely a bad idea to "diversify" your "portfolio". What we plebs need to do is keep it simple and invest in two or three good cryptocurrencies with Bitcoin getting the largest portion of the investment for "stability". It's funny saying that because Bitcoin is also volatile.

Personally, I have everything HODLed in Bitcoin, and although I might have lesser returns than if I invested in shitcoins, I'm very confident that my money is in the safest, most sound investment in crypto.

I would guess that the main reason for this is that because other alts are not really that great, not because diversification is bad. I mean you are right, but not due to our finances, even a rich person should not be diversifying their portfolio with shit coins, and most of the coins are shitcoins, so it doesn't make sense investing into those stuff. It would make sense if you know what you are doing and invest into good things, but it is not going to be all that easy, so you should definitely be careful about it.

I personally do invest 50%+ of my money on just bitcoin, and I have been quite happy with it for the longest time, I do not think that I will change that. Only thing that would change it would not be how much money I have, I can have a million dollars, still would do what I am doing now, but if only alts get better. Then I would consider maybe potentially changing something, that would definitely have a greater impact on what we are doing.

tsaroz

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What I've always realized is all I have in my portfolio were either the well established coins like Bitcoin, BNB, Litecoin, etc. or crazy high risk meme coins. I always believed in diversifying my portfolio but never had chances to learn and analyze alts from different sectors. I had the urge to diversify it but never had the time.
Than I find some option that could help me achieve my goal of diversification without spending more time. There are now index funds, that invest in multiple alts from different sectors and redistribute the balances and profit according to the price change. The investment is still early and the data are not green yet. But I believe such indexes could be a thing in the future.

libert19

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Ethereum and Ethereum l2s (Arbitrum, Optimism), Solana, Pyth — holding part of airdrop received, Atom, Osmo and Hive. There are some shitcoins not worth mentioning, if they disappear I don't mind, if they get significant value worth selling, I'm gonna get rid of them.

Wind_FURY

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If you don't have Warren Buffett kind of capital, then it's definitely a bad idea to "diversify" your "portfolio". What we plebs need to do is keep it simple and invest in two or three good cryptocurrencies with Bitcoin getting the largest portion of the investment for "stability". It's funny saying that because Bitcoin is also volatile.

Personally, I have everything HODLed in Bitcoin, and although I might have lesser returns than if I invested in shitcoins, I'm very confident that my money is in the safest, most sound investment in crypto.

kojektea

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in total it should be more than 100 if combined for the whole including dexswap. if you count only from CEX there are at least 50 on two exchanges. I will only be active again in trading in the middle of 2023. I hope that this year I can have a good portfolio on Binance, it doesn't matter if it's a little but I don't lose much. thinking about the portfolio, I think people are more interested in seeing our PnL than the portfolio. it is a testament to how accurate we are when it comes to trading predictions.

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Quote from: Julien_Olynpic on January 03, 2024, 02:33:24 AM

I once wrote about the diversity of my portfolio and we even argued with one user about how advisable it is to diversify your portfolio. In fact, this is a debate about the limits of diversification. I think it is perfectly acceptable to keep between 10 and 30 altcoins in your portfolio. To some these numbers will seem large, to others small. But I think these numbers are optimal. If a portfolio contains less than 10 altcoins, then this portfolio can hardly be considered sufficiently diversified. Diversification is a great thing and it can reduce the negative consequences of your mistakes. But keeping more than 30 altcoins in your portfolio is quite difficult. We need to keep track of them, and this is not so easy. There may be scams and delistings and denominations of coins.

Those numbers seem rather large for me, to be honest. I think that in this case a lot altcoins will be similar with one another, hence there is no much reason to keep them all. I prefer less coins, but with deeper awareness of each of them. When you follow closely and fixedly from 3 to 5 coins, you are able to stay updated as much as it is possible. And this rises your chances to catch good positions.

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Quote from: Julien_Olynpic on January 03, 2024, 02:33:24 AM

I once wrote about the diversity of my portfolio and we even argued with one user about how advisable it is to diversify your portfolio. In fact, this is a debate about the limits of diversification. I think it is perfectly acceptable to keep between 10 and 30 altcoins in your portfolio. To some these numbers will seem large, to others small. But I think these numbers are optimal. If a portfolio contains less than 10 altcoins, then this portfolio can hardly be considered sufficiently diversified. Diversification is a great thing and it can reduce the negative consequences of your mistakes. But keeping more than 30 altcoins in your portfolio is quite difficult. We need to keep track of them, and this is not so easy. There may be scams and delistings and denominations of coins.

In fact, I don’t think that there should necessarily be ten coins or even more in the portfolio, for several cycles, after a thorough analysis, I have been selecting less than ten tokens for the portfolio. It seems to me that this is very individual, everyone will do what is most comfortable for them, I would not collect too many coins, since I believe that a good analysis will allow us to exclude those tokens that can scam so quickly. And what about the ratio, I allocate 60% to Bitcoin and distribute the rest to altcoins, depending on how much growth I expect.

Julien_Olynpic

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I once wrote about the diversity of my portfolio and we even argued with one user about how advisable it is to diversify your portfolio. In fact, this is a debate about the limits of diversification. I think it is perfectly acceptable to keep between 10 and 30 altcoins in your portfolio. To some these numbers will seem large, to others small. But I think these numbers are optimal. If a portfolio contains less than 10 altcoins, then this portfolio can hardly be considered sufficiently diversified. Diversification is a great thing and it can reduce the negative consequences of your mistakes. But keeping more than 30 altcoins in your portfolio is quite difficult. We need to keep track of them, and this is not so easy. There may be scams and delistings and denominations of coins.

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