Quote from: chocopapaya on April 20, 2018, 04:19:16 PM

Quote from: rafter_01 on April 20, 2018, 07:27:36 AM

Hi All,

I have the following coins but i'm always insecure thinking that i have the wrong coins or need to expand my portfolio further because my coin choice is poor . I am long term Holder, so let me know what you think of my portfolio:

Big bags

XVG
ETN
COLX
DV7
DIME

Medium bags

UTK
SIACOIN
REBL
XTRABYTES
AERIUM
XRP
IOT
XEM
XCPO

Small bags

BTC
ETH
NEO
WAVES

(small bags is what i could afford)

and over 40 free coins from airdrops.

Thanks

Ohhhh goodness, are you ready from some criticism that might sting? It's all in good faith.

Your portfolio is actually pretty terrible. There are two main problems: you have some very poor coin choices and the proportions are way off.

So for Problem #1: go through your coins and get rid of any coin that doesn't have an actual product or working platform. Here's why: The crypto market has matured a LOT last year and investors (particularly big institutional investors) are demanding companies to actually show something. You will see that the coins that perform well this year and on are the ones that actually have a use case and working business model.

Another thing: Take a serious look at your coins and look at their competition, for example XVG is hilariously bad when compared to Monero.

For Problem #2: You eventually want to cash out right? What that means is that you need to have one coin that is the foundation of your portfolio. The only two real choices at this time is btc or eth. Choose which one you will cash out in and reearrange your portfolio to be 40 to 60% of that coin. Going forward, any future altcoin purchases or trades will be in that coin. Remember, the value of coins you see is only the value of btc (sometimes eth).

Another thing: I'm not sure how much you have put in total, but it seems that you have way too many coins. Unless you actively day trade, you will find better profit margins by focusing on around 5 coins. For long term holders, you want to pick the coins with highest long term sustainable profit.

Overall Solution: After evaluating your portfolio and deciding what to move, sell, or keep, just wait until the next bull run, should happen soon or at the latest next month. Make some strategic trades into btc or eth (whichever is your foundation coin) for profit. Then use that to buy new coins or more of a coin you have, than hold. When the end of the year bull rush comes, sell EVERYTHING! Then next year Feb 2019, when the market crashes, take that money you earned and buy the exact same coins and you will see the value of your portfolio go to huge heights.

That's how you long term hodl yo.

thanks buddy.

"Overall Solution: After evaluating your portfolio and deciding what to move, sell, or keep, just wait until the next bull run, should happen soon or at the latest next month. Make some strategic trades into btc or eth (whichever is your foundation coin) for profit. Then use that to buy new coins or more of a coin you have, than hold. When the end of the year bull rush comes, sell EVERYTHING! Then next year Feb 2019, when the market crashes, take that money you earned and buy the exact same coins and you will see the value of your portfolio go to huge heights."

I will try and replicate this. I am going to be getting rid of XVG this weekend and putting the money into NEO or atleast ETH.

If you had my portfolio what would you do?