The problem has multiple problems: too few names, concentrated bets on ETH and ICOs
1. There are days when alt coins are slaughtered. This sometimes coincides with days where BTC is strong.. Need some BTC.
2. ICOs are unproven business business models, need more coins with longevity. As the portfolio stands if the ICO market implodes this portfolio would suffer heavily
3. This portfolio misses many of the key themes driving the markets: privacy, smart contract 3.0, store of value assets
This is an alternative that is worth study for ideas, keep in mind many coins have had tremendous runs of late, best to buy on pullbacks
35% Bitcoin
20% ETH
10% Bitcoin Cash
5% Monero
5% NEM
5% LiteCoin
20% Viacoin, Shift, Ark, Xtrabytes, Byteballs, Decred, Factom, UIS, Radium, UIS, 1337, 808, Blocknet
1. There are days when alt coins are slaughtered. This sometimes coincides with days where BTC is strong.. Need some BTC.
2. ICOs are unproven business business models, need more coins with longevity. As the portfolio stands if the ICO market implodes this portfolio would suffer heavily
3. This portfolio misses many of the key themes driving the markets: privacy, smart contract 3.0, store of value assets
This is an alternative that is worth study for ideas, keep in mind many coins have had tremendous runs of late, best to buy on pullbacks
35% Bitcoin
20% ETH
10% Bitcoin Cash
5% Monero
5% NEM
5% LiteCoin
20% Viacoin, Shift, Ark, Xtrabytes, Byteballs, Decred, Factom, UIS, Radium, UIS, 1337, 808, Blocknet
Great reply. I like the feedback as this is exactly what I have realized also. Needed to hear it from someone else.
I also FOMO'd hard on half of the portfolio and am in the red currently, starting to get really anxious even though its play money..
