Post
Topic
Board Altcoin Discussion
Re: Do you use diversification?
by
nepeso
on 07/12/2018, 04:24:39 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?

It is necessary to take into account the specifics of the crypto market - it always implies high volatility, prices can quickly change within considerable limits. Therefore, you should never rely on work with only one coin. Be sure to use diversification, because it really brings results.