Post
Topic
Board Trading Discussion
Re: Turn $10,000 into 1 Million
by
HR
on 01/12/2017, 22:00:30 UTC

Cardano (ADA) has performed very nicely. Depending on how low your average price was (and when), it’s a 4x to 8x in USD terms. A very nice gain. What’s really important for me though is that it’s pushing a 50% portfolio position, and, well, that’s just not good portfolio management. Consequently, I’ve balanced my personal portfolio by selling ADA and buying more STEEM, BTS, and SYS, in that order. The model portfolio is “locked” and will continue to be so (I’m interested in seeing if it ends up achieving better long term returns than my managed portfolio), but that doesn't apply to my personal portfolio which at least trys to emulate best practice principles.

I had no choice but to rebalance.
 
I also have fun selling strength and buying weakness, so it wasn't that hard.  Grin