Topic: How should i diversify my crypto portfolio? (Read 846 times)
This depends on our goal, if we make daily trading then I suggest to make new listed coins the biggest portion, and top coins with small portions such as 80% and 20%, but if we focus on long -term hold then I suggest for investment in the top ranking coins.
Until you sell the eths, that is, you transform them into fiat you have not lost anything you just have to wait for their value to return to an acceptable value for you, as regards the diversification discourse, i will give you my example a safe part on witch i can count on in stable coin then btc, eth, bnb
I think the coins you mentioned here are very good coins especially Bitcoin if one can keep playing then I think he will never lose in good Bitcoin but it is a matter of time for him if he does not take time to invest. If he does, he will invest a lot of time in the war, then he can get a lot of profit
The easiest thing is to divide at least the 5 strongest coin assets and 5 coins we can share on the new project, seeing the opportunity that the new project is a very good and promising thing then I recommend dividing the assets into the new project.
The easiest thing is to divide at least the 5 strongest coin assets and 5 coins we can share on the new project, seeing the opportunity that the new project is a very good and promising thing then I recommend dividing the assets into the new project.
basically investing in crypto has a high risk and we cannot avoid that risk, but you can reduce that risk by investing in large altcoins such as ETH BNB and matic. Investing in new altcoins has a very high risk because the price movements of new altcoins are very volatile and easy to manipulate. so I do not agree with your statement, especially if he is a new investor.
Yes, investing in new coins is not recommended for newbies without any knowledge of the market.
OP is holding ETH as a top coin but if he feels unsafe investing in only 1 coin, he can diversify with bitcoin and possibly more BNB. Absolutely stay away from new coins, although new coins can bring us great profits but think of the risks we will face. Holding ETH, if it were me I would feel safe but for him he is not satisfied means he is not ready to take risks so he should not invest in new coins.
Diversifying is not hard but one must only need a common sense to be able to do it. Say you have 10 dollar with you. You should not all in that 10 usd in 1 coin alone or in your case eth but you should divide it with another coin, it can be one to coin for this small amount. It depends on you if how much % you will allocate with other coin but you can always put more in your favourite coin.
It's normal to feel that you are gambling because we are actually gambling here since we don't know where the price will head to and what attitude we will make later on but eth is a top coin so what you did of all in'in in your funds is not bad. Just continue hodling or you can also buy more during the dip.
It's normal to feel that you are gambling because we are actually gambling here since we don't know where the price will head to and what attitude we will make later on but eth is a top coin so what you did of all in'in in your funds is not bad. Just continue hodling or you can also buy more during the dip.
The easiest thing is to divide at least the 5 strongest coin assets and 5 coins we can share on the new project, seeing the opportunity that the new project is a very good and promising thing then I recommend dividing the assets into the new project.
basically investing in crypto has a high risk and we cannot avoid that risk, but you can reduce that risk by investing in large altcoins such as ETH BNB and matic. Investing in new altcoins has a very high risk because the price movements of new altcoins are very volatile and easy to manipulate. so I do not agree with your statement, especially if he is a new investor.
That's how crypto coins investment, I have filecoins and currently -97% of ATH, not only Ethereum but all altcoins, having multiple portfolios is better than holding one coin, but still be careful when the market situation is like today, coin prices can just down because of the many policies implemented by the government can change everything
How should i diversify my crypto portfolio?
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
Diversification is indeed something that is recommended in trading, especially in terms of investing.
the purpose of diversification is because it can only minimize risk, of course if you want to diversify your portfolio
you only need to choose 3 coins, because if you diversify a lot of coins in your portfolio, you will be defeated and will make you confused later.
Until you sell the eths, that is, you transform them into fiat you have not lost anything you just have to wait for their value to return to an acceptable value for you, as regards the diversification discourse, i will give you my example a safe part on witch i can count on in stable coin then btc, eth, bnb
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
Both has very high volatility.I'm pretty sure if you are saying gambling, then you must be doing something wrong when trading. Have you done any research and not jump into it blindly? Drop in trading is pretty normal hence it says very volatile.
I would prefer to spread your investment into 10 top coins on coinmarketcap instead of just putting it into singular coin as the title says. So, your investment won't become a disaster if one coin dumps in one moment.
ETH is a good investment, aside from bitcoin, I would recommend holding it along with bitcoin during this bear market. There may have been a rush on his part to invest and he did not have time to do extensive research before deciding, but ETH is a suitable investment option.
Once a bull market happens, bitcoin will go up in price and it will be the 2nd coin to go up in price after bitcoin and ETH is very good at creating new trends in the market, so I personally feel safe holding ETH.
If you hold another altcoin it is a concern but not with ETH. Portfolio diversification is good, but holding too many coins while the investment capital is not large enough will not bring you good returns.
How should i diversify my crypto portfolio?
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
Well in my opinion you should be heavy bitcoin and light everything else. Everything follows bitcoin in price pretty much so why not own the price mover itself. Then I'd go little bit into some high valued alts, like eth, matic, etc. Then last maybe a very small fraction into something that could take off but won't hurt if it falls to nothing.
Whatever you do steer clear of meme coins
Diversify it the best way you know how do not let other people decide for you. Do your clinical research and go for the best ones that suit you, however, you can seek advice on areas that aren't clear to you. But I would advise you never to leave out BTC and ETH, they remain reliable of them all.
I guess you meant "Critical" - it works both ways though. 
Honestly, if you did critical research in a critical manner, you would realize that zero assets are worth investing in coming in altcoins. The only one making a mark is bitcoin. Of course the top 5altcoins can be given some slack, but beyond that the risk increases way more than the reward.
Besides with the number of shills working day and night to promote shitcoins, there is not end to the number of worthless coins out there. Ending up with a large number in types of coins will only hurt your long term profit, rather keep it limited to specific coins that have proven themselves in the past.
Diversify it the best way you know how do not let other people decide for you. Do your clinical research and go for the best ones that suit you, however, you can seek advice on areas that aren't clear to you. But I would advise you never to leave out BTC and ETH, they remain reliable of them all.
The easiest thing is to divide at least the 5 strongest coin assets and 5 coins we can share on the new project, seeing the opportunity that the new project is a very good and promising thing then I recommend dividing the assets into the new project.
Did you know that ethereum is the most safe coin on the market? I don't understand why OP is afraid to hold ethereum but if he wants to diversify his portfolio in this case. The best way is to allocate half of the capital to bitcoin, no coin is safer than bitcoin. New altcoins are never and never are suitable for investment and are considered safe.
How should i diversify my crypto portfolio?
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
You really need to do some tests before reaching the point that you are now satisfied with your plan.
If you feel your current plan is not working the way you want, challenge yourself to solve that issue with that plan. If by means you think you did everything well but still have no result, you need to extend your patience to work it out.
After several tests, consider switching strategies and change some coins on your portfolio.
The easiest thing is to divide at least the 5 strongest coin assets and 5 coins we can share on the new project, seeing the opportunity that the new project is a very good and promising thing then I recommend dividing the assets into the new project.
Dividing our assets into projects that have just been launched I don't think it's the right choice for us to do when the market is sluggish because under these conditions usually new projects will be less attractive to investors, especially if the project does not have a clear goal to undertake future developments so there is no guarantee that placing assets in such a project will minimize our portfolio risk. 
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
Both has very high volatility.I'm pretty sure if you are saying gambling, then you must be doing something wrong when trading. Have you done any research and not jump into it blindly? Drop in trading is pretty normal hence it says very volatile.
I would prefer to spread your investment into 10 top coins on coinmarketcap instead of just putting it into singular coin as the title says. So, your investment won't become a disaster if one coin dumps in one moment.
Putting all your eggs in one basket and looking after its price all the time will only cause you a lot of stress. You better divide your funds at least into three or four and buy potential coins which are worth holding and has a huge chance to reach a good value in the future. Bitcoin and BNB are other good choices.
It is smart to diversify your portfolio, but don't expect it to help you avoid losing value during a down market. It is also much more difficult to keep track of several coins than to do it with one coin. For long-term investments, this is easier to do, but if this is a short-term investment, then constantly monitoring several coins will be very tiring. If the portfolio consists only of Ethereum, then where Bitcoin can definitely be added.Short-term investments must be monitored properly, because profit targets will be taken in a short period of time. So it is necessary to read a good candle chart. Without doing a good analysis, trading is only done guesswork and the same as gambling.
Portfolio diversification really needs to be done, and what I personally think is mandatory is bitcoin and Ethereum, these two coins must exist and for other altcoins you can choose the best on the list of the top 10 coinmarketcap or coins that you think are the best.
Putting all your eggs in one basket and looking after its price all the time will only cause you a lot of stress. You better divide your funds at least into three or four and buy potential coins which are worth holding and has a huge chance to reach a good value in the future. Bitcoin and BNB are other good choices.
It is smart to diversify your portfolio, but don't expect it to help you avoid losing value during a down market. It is also much more difficult to keep track of several coins than to do it with one coin. For long-term investments, this is easier to do, but if this is a short-term investment, then constantly monitoring several coins will be very tiring. If the portfolio consists only of Ethereum, then where Bitcoin can definitely be added. When it comes to diversiying your crypto portfolio there are some things I like to have in the mind. First of all I like to have crypto that is mainstream and not a 'pump and dump'.
We all have crypto portfolios with coins that serves no purpose other then they were free or marketed well but we still hodl them with hopes they make extreme gains and fast money will reward us. For me its the big 3 of bitcoin, ethereum and bnb for new investors.
We all have crypto portfolios with coins that serves no purpose other then they were free or marketed well but we still hodl them with hopes they make extreme gains and fast money will reward us. For me its the big 3 of bitcoin, ethereum and bnb for new investors.
After all these years, witnessing many cycles, I think it's always best to let BTC be a very big part of your portfolio. Nowadays, I personally stick to atleast 90% Bitcoin. The other 10% can be used for solid altcoins, such as Ethereum as you mentioned. The very last 1-2% (of the 10%) can be used for some non-mainstream / new / quite unknown altcoins or coins that have not proven themselves yet. I only buy them with what I call "play money". It's a better investment then spending it in a casino.
Jump to: