Topic: Narrowing the Portfolio - page 2. (Read 236 times)
if you would narrow your portfolio than in my opinion you shall choose another coins because by adding those coins your investment will have almost same loses or gains.
i think this is riskier since anything can happen with any coin. but narrowing with top 10 coins could be interesting since they are real horses during the bull market. so , in my opinion it depends on the coin you want o narrow your portfolio.
So i can take the message from above to be real diversification means not everything in a portfolio should be crypto.
Next question should be if i want to add some Gold to a portfolio can I get it by exchanging crypto for it rather than using fiat?
You would still need fiat for you to buy up Gold to add into your asset. Suggestion above about this diversification is brilliant rather than on focusing yourself into some various numbers of Cryptos. Gold,stocks would be a good option anytime but when it comes to price movements then expect it wont really be same as fast with crypto but you can really be assured on the security when it comes to long term gains but still risk would always be included on the game. Next question should be if i want to add some Gold to a portfolio can I get it by exchanging crypto for it rather than using fiat?
An idea of concept struck me to narrow my portfolio, why? I think the concept
of moving coins/tokens which may be low or non performers into the obvious
Bitcoin, Ethereum, Litecoin and Monero reliables.
Has anyone done this already?
of moving coins/tokens which may be low or non performers into the obvious
Bitcoin, Ethereum, Litecoin and Monero reliables.
Has anyone done this already?
I cant. Because I already have a narrow one.
We have different meaning of being narrow, others still have a long list but still thinks it is way too low and they can still manage it. It is good to do it now if the token that you will be exchanging have a better trade for Bitcoin, Ethereum and main currencies. But if not, let it stay for a while until we get out of the red zone.
So i can take the message from above to be real diversification means not everything in a portfolio should be crypto.
Next question should be if i want to add some Gold to a portfolio can I get it by exchanging crypto for it rather than using fiat?
Next question should be if i want to add some Gold to a portfolio can I get it by exchanging crypto for it rather than using fiat?
An idea of concept struck me to narrow my portfolio, why? I think the concept
of moving coins/tokens which may be low or non performers into the obvious
Bitcoin, Ethereum, Litecoin and Monero reliables.
Has anyone done this already?
A few weeks ago the price of Monero was decreased drastically, so I guess this crypto currency is currently attractive for investing in it. It is the most anonymous coin and its mining algorithm is resistant to ASICs, and undoubtedly XMR will be demanded, but don't forget that this crypto currency has a big pre-mine.of moving coins/tokens which may be low or non performers into the obvious
Bitcoin, Ethereum, Litecoin and Monero reliables.
Has anyone done this already?
Bitcoin, Ethereum, Litecoin is a good coins in your investment portfolio, but I don't expect any significant rise of them in the near future. Also I advice you to buy EOS and Binance coin. I think they are a promising crypto currencies too.
An idea of concept struck me to narrow my portfolio, why? I think the concept
of moving coins/tokens which may be low or non performers into the obvious
Bitcoin, Ethereum, Litecoin and Monero reliables.
Has anyone done this already?
of moving coins/tokens which may be low or non performers into the obvious
Bitcoin, Ethereum, Litecoin and Monero reliables.
Has anyone done this already?
From the start, I have only a narrow portfolio. Bitcoin and ethereum are my main coins and some are from ICO. So that I will not have to worry about those coins which are very slow in progress and those non performers.
Having BTC,ETH,litecoin and monero can`t be called a portfolio,because their prices are kinda tied together and they follow the same pattern.Having a real investment portfolio is when you get assets with the opposite price patterns.For example,when the price of asset A goes down,the price of asset B goes up and it compensates the losses from asset A.This is real diversification or the investment risk.
step 1: drop everything except bitcoin
step 2: add valuable assets to your portfolio such as Gold, Stocks, and basically anything that is worth investing into for real.
now you have a "portfolio", before this you had a bag filled with junk and called it a "portfolio" by mistake. visit this topic for an example of how much you can lose when you make this mistake:
https://bitcointalksearch.org/topic/m.40179593
step 2: add valuable assets to your portfolio such as Gold, Stocks, and basically anything that is worth investing into for real.
now you have a "portfolio", before this you had a bag filled with junk and called it a "portfolio" by mistake. visit this topic for an example of how much you can lose when you make this mistake:
https://bitcointalksearch.org/topic/m.40179593
An idea of concept struck me to narrow my portfolio, why? I think the concept
of moving coins/tokens which may be low or non performers into the obvious
Bitcoin, Ethereum, Litecoin and Monero reliables.
Has anyone done this already?
of moving coins/tokens which may be low or non performers into the obvious
Bitcoin, Ethereum, Litecoin and Monero reliables.
Has anyone done this already?
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