Post
Topic
Board Altcoin Discussion
Re: Do you use diversification?
by
Beabtc11
on 05/08/2018, 08:15:37 UTC
For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?

I think diversification strategy is a good one. But it depends on how where you invest. In trading it is very important that you will know how to manage your money in order to have low risk where you will invest. It is really a good strategy to spread your money in different coins to have low risk.