Post
Topic
Board Altcoin Discussion
Re: Do you use diversification?
by
Holla123
on 12/02/2019, 10:11:52 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?

Even more important here than elsewhere to diversify. It is not clear what kind of projects will make the real money on blockchain apart from the ones able to establish as new digital gold or currency. Is it supplychain or peer to peer applications? Spread out but not so much that you cannot keep track of all your investments.