Post
Topic
Board Beginners & Help
Re: Too simplistic an approach?
by
Cryptomover
on 11/09/2017, 03:37:12 UTC
It's generally safe to just invest in the top 2 currencies, Bitcoin and Ethereum. However, if you resist selling at any moment, there can be a risk: you don't know what will happen in the future: the price might crash to the bottom, or some new technologies might be replacing those 2 coins. Therefore, I think a better strategy would be slowly selling a portion of your position when the price rises so that whenever something bad happens, you have already cashed out part of your positions and be safe.