Quote from: crypmike on July 05, 2018, 11:41:47 AM

In the management of financial assets, there must always be a plan. This way you will form and fix your vision of investments, and it will become clear what to do in one or another situation. Without a plan, you can either behave too passively about the market or make unnecessary mistakes.

The first thing we'll talk about is Rebalancing. The point is that at the beginning of the period you choose the proportions of coins from which the portfolio will consist and after this period you return the balances to these proportions.

The market is developing by cycles, one or another coin raises, falls, so while you using rebalancing, you ensure yourself from losses in such market behavior, making growth equable. This way we follow Buy cheap, sell high principle.

I do rebalancing in the middle of every month. This process includes

Selling coins which enlargened their percent
Buying coins which went down
Getting rid of coins which disappointed m

First of all, I decide which part of my funds Ill leave in BTC, which part is in alts, and which will be spent on new coins, trading, and ICOs.
For me, I've chosen that it will be 10% on ICO, trades and potentially interesting coins, and 90% are either long, or they are waiting for more promising projects to replace them.

I separated coins into few groups:

BTC
High-cap alts (mcap >2B USD)
Mid-cap alts (500M-2B USD)
Low-cap (100500M USD)
Micro-cap (>100M USD)

These values are quite conditional as market capitalization changes every day.
If to break portfolio in percentage parts, for this market I stopped on these amounts (choose your own):

BTC 40%
High-cap alts 20%
Mid-cap alts 10%
Low-cap 10%
Micro-cap 10%
ICO & etc. 10%

I want to overtake whole market growth so as soon as it will become bullish, I'll invest the majority of my funds into more risky cons with good potential.
Finally, I have such a table (the only example you can choose your own values):

I do my rebalancing in Google Sheets, using their integrated ability to set up formulas (How to do it).

As an option, it's possible to have some part of your funds in fiat to buy crypto during market dumps. Here everyone decides for himself.

This simple trick will help to look at portfolio management from the new side and to avoid unnecessary risks.

The Spreadsheet Example https://docs.google.com/spreadsheets/d/1_76KigwUqoYtDswrkooSJUJE-cvGHys3LHAoukgFNhA/edit?usp=sharing

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I just buy those coins that are good enough to have a comeback in the market. And I do sell some coins that are mostly lost its value before it goes to low or lower than that.