Post
Topic
Board Altcoin Discussion
Re: Do you use diversification?
by
thenameisjay
on 22/11/2018, 02:49:38 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 usually do this when I see that the token has grown exponentially in the days that came or if the token I have has a linear growth to which I sell the profits and then diversify them to other options. That way, I made some cash and bought it to some alt coin that could go up in price too.