Topic: Portfolio of many vs portfolio of a few - spread myself too thin? (Read 102 times)
Xvg will do well in 2018. This is a very good coin. Hang tight until late 2018 through the dips and be rewarded with $2.25 + by EOY
January 06, 2018, 12:33:18 AM
I'm holding over 10 different coins and all of them have performed well. They have good proposition value, developers, marketing, some notable backers etc. I had more but have slowly gotten rid of shit coins. Even shit coins that made me a lot of money. I figured I might as well get out of the shit coins while I'm ahead.
So now I'm holding only coins that have a substantial value proposition and hard working team. But even though I've gotten great gains I'm thinking that there will most likely never be that home run unless a considerable amount i.e. $5k/10k is put into say 5 different coins = $25k. Instead of $1k here and $3k there etc.
Should I wait to see which guys seem to be getting closer to delivering on their plans and see which coins can survive some BTC gains or should I decide now which ones to cut loose?
It's hard to do because you're always thinking what if this one or that one ends up on top. I mean if you had 1000 BTC back in 2013 you'd be laughing now but the game has changed.
So now I'm holding only coins that have a substantial value proposition and hard working team. But even though I've gotten great gains I'm thinking that there will most likely never be that home run unless a considerable amount i.e. $5k/10k is put into say 5 different coins = $25k. Instead of $1k here and $3k there etc.
Should I wait to see which guys seem to be getting closer to delivering on their plans and see which coins can survive some BTC gains or should I decide now which ones to cut loose?
It's hard to do because you're always thinking what if this one or that one ends up on top. I mean if you had 1000 BTC back in 2013 you'd be laughing now but the game has changed.
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