Post
Topic
Board Altcoin Discussion
Re: Do you use diversification?
by
gribble
on 28/01/2019, 05:06:47 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?
In my personal opinions what are you talking about is not diversification because all of your investment in cryptocurrencies although that is in different of cryptocurrencies. And it will not help you in condition down trend of cryptocurrencies price. If you want really make diversification, you must make investment in stock market, properties and the real of businesses. Don't forget the market of cryptocurrencies always goes down in the past and in the future.