Topic: portfolio renewal is the right decision (Read 1305 times)
I have a portfolio with higher altcoin dominance than bitcoin. Some altcoins must be replaced with ETH or BNB to reduce the risk of high losses. It is important to renew the portfolio recently because the project under development is difficult to increase if the dominance of bitcoin is higher.
Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market. an investor we must have a good strategy to avoid this loss,
- if you are not sure about altcoin, you can exchange it for bitcoin.
-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.
someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.
- if you are not sure about altcoin, you can exchange it for bitcoin.
-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.
someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.
It's a bad decision if you keep holding in your portfolio even though it is losing its value, a good trader and investors will never do that, they keep changing their portfolios, they even use an application to follow the profitability of the coins they are holding, the worse thing that could happen is you holding your coins without knowing that it is losing its value.
Trading on secure coins like bitcoin is the best method for now because of all the altcoins currently do not have the potential anymore and many altcoin prices are falling, but I think you do not hurt if you still invest in several altcoins using the fall of altcoin prices to try benefit.
for daily trading you must pay attention to the costs you will receive. in the daily trading portfolio, I always choose assets that have high trades. but not for bitcoin because trading bitcoin will require a lot of capital.Trading on secure coins like bitcoin is the best method for now because of all the altcoins currently do not have the potential anymore and many altcoin prices are falling, but I think you do not hurt if you still invest in several altcoins using the fall of altcoin prices to try benefit.
for daily trading you must pay attention to the costs you will receive. in the daily trading portfolio, I always choose assets that have high trades. but not for bitcoin because trading bitcoin will require a lot of capital.
Trading on secure coins like bitcoin is the best method for now because of all the altcoins currently do not have the potential anymore and many altcoin prices are falling, but I think you do not hurt if you still invest in several altcoins using the fall of altcoin prices to try benefit.
Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market. an investor we must have a good strategy to avoid this loss,
- if you are not sure about altcoin, you can exchange it for bitcoin.
-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.
someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.
- if you are not sure about altcoin, you can exchange it for bitcoin.
-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.
someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.
I have already exchanged most of my altcoins for bitcoins in early spring. Of course, I still had altcoins on hand, but this is my strategic stock of exchange altcoins where IEOs are held. I keep them in order to participate in IEO on these exchanges.
I spend all the rest of my money on the purchase of Bitcoins and never invest them in altcoins again.
Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market. an investor we must have a good strategy to avoid this loss,
- if you are not sure about altcoin, you can exchange it for bitcoin.
-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.
someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.
- if you are not sure about altcoin, you can exchange it for bitcoin.
-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.
someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.
It's important and it's a must to keep your portfolio updated on what will make a profit and what coins must go, I believe in short and long term profit, there are coins for short term and there are coins for long term, savvy investors know how to distinguish these coins for long term and short term.
Whether it's a new coin or an old coin or coins that are already in the top 10 or just a new coin that has promise, you must know how to distinguish, all your profit depends on these factors.
If you want to picks some altcoin to your own portofolio, you must know how big that potential that you can earn by holding them all. When you already decided which altcoin that will on your list of portofolio then lets ignore it until its reach the target.
So, you can renewal your portofolio after your old lists already sold, not change them just because its dumping. That is a thing that we all must learn.
So, you can renewal your portofolio after your old lists already sold, not change them just because its dumping. That is a thing that we all must learn.
I updated my portfolio a few months ago. now I only hold Bitcoin, ethereum and BNB tokens. I've given up on other altcoins, it's hard to trust them right now. even holding ethereum alone makes me dizzy because the price doesn't match the predictions.
In general, you are right, the price of Bitcoin is constantly growing while many altcoins have fallen in price. Therefore, it was often said here on the forum that you need to keep most of your crypto portfolio in Bitcoin and invest the rest in top altcoins. Perhaps we can get profit from investing in altcoins only in 2020 or the beginning of 2021 based on the latest events in the crypto world.
Bitcoin is increasing lately. But sadly altcoins are not increasing in price as compared to the king coin. So I think time has come to switch to bitcoin or replace worthless coins with good altcoins like ethereum, binance coin etc.
Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market. an investor we must have a good strategy to avoid this loss,
- if you are not sure about altcoin, you can exchange it for bitcoin.
-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.
someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.
Believe it or not,if there will ever going to be a next altcoin season many new projects will be the most favoured,because after spending a week entirely on research i have seen some very rare good projects that are still very new and havent get listed on CMC yet so some top 20 altcoins of today will be replaced by few rare gems soon- if you are not sure about altcoin, you can exchange it for bitcoin.
-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.
someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.
You got it right. Just repeat and recycle the strategy which is invest with the new coins and cash out your profit on the older coins and leave them for good. It is just so funny when most people that go to crypto was really to get money but when they become attach to their coins for so long, they sound noble and will stick to it until it makes and exit scam or entirely delisted.
it was indeed a good decision. if we already feel that tokens do not have significant price growth, it is better to sell or replace them with others. btc and eth are the right choice for now
Many people are too busy getting worried about altcoin losing value and only smart investors are taking the advantage of this present market value,they keep buying both old and new altcoins for long term hold because they believe that altcoin season will return.
There is no point in accumulating altcoins at the moment, if the price of bitcoin goes down altcoins will crash both in dollars and in bitcoin, the time to accumulate altcoins will come once we see an important correction in the price of bitcoin, also there is no point in accumulating new coins, yes you can get some great profits with a new coin but the risk is not worth it due to the huge number of scammers in the market, but if you are decided to accumulate altcoins now only buy those that are in the top 20, any coin outside of it is simply too risky to consider.
That is the reason why most of people here are struggling including me, i do sometimes try to re-order my portfolio but i always get confused and also behave lazily but i think good altcoins will definitely make a move soon while btc and eth will also have a great next year, it is both my analysis and gut feeling.
Though altcoins are not enjoying the best of time now but that is not to say that we do not have altcoins that will be of benefits to us in the future, we don't have to change our portfolio if we have not got a better option.
Do you think selling off to Bitcoin at this moment is a good idea? What I would suggest for any alt trader that's held this long to do is hold on a little while longer market stabilized you recover some funds. Invest new funds in other potential coins aside your current portfolio.
It depends. What if somehow you sold off your altcoin with a 80% loss for BTC or another altcoin. And then within one week, it does a 5x? You're left with your newly acquired altcoin which has not yet moved at all. Portfolio renewal is easy to say. I believe you need to re-assess if the dev team is progressing or not. If the coins are close to being abandoned, only then you should realize your loss.
In the current state of the cryptocurrency market, Ethereum and Bitcoin look more stable, while other altcoin look attractive enough for investment, as prices are reduced. But with the choice you need to be a little more careful, because not all coins will be able to show good results in the future. You need to choose only those altcoins that are of interest to the largest number of cryptocurrency users. Most of all, I prefer altcoins, which are directly related to gambling (Tron, Dash, EOS).
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I did a mistake that I didn´t change my portfolio. I am still holding top altcoins from 2017, but they continously falling from this year.
While altcoins that were created in 2019 are more profitable: MATIC - 250% ROI, Chainlink - 1300% ROI, BTT - 25% ROI.
While altcoins that were created in 2019 are more profitable: MATIC - 250% ROI, Chainlink - 1300% ROI, BTT - 25% ROI.
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