Quote from: HR on December 01, 2017, 10:00:30 PM

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

HR, just in case you do re-visit us I'd be very grateful for your input into my portfolio/strategy inspired by your skills: https://bitcointalk.org/index.php?topic=2643532.0

In regards to your re-balancing, I think you said that once a coin moves 5% beyond its allocated share will be re-balanced. I'm assuming you sell off the extra %, and move that into one that's lagged behind. How do you decide which to move into?