Post
Topic
Board Altcoin Discussion
Re: How to Build an Altcoin Portfolio successfully?
by
crypto-monopoly
on 15/02/2021, 17:56:05 UTC
Starting with 5 coins for your portfolio is a good idea. I am strong believer in diversification. So for my portfolio I have around 60% in bitcoins and the rest is spread out across multiple alt coins. In the beginning I had some money to invest so I bought all the coins at once. In my opinion it's best to just hold for a longer period of time if you don't have the time to constantly be up to date.
Capital flow in the market has to been changed from one to another and repeats over time. Diversification in a bull market can help you to enjoy as much parties as possible and increase the total times of your capital investment - take profit - reinvestment. It is applicable in bull market but in bear market it does not work.

If you don't diversify your portfolio in bull market, you will lose your patience if the coin you are holding does not increase after few weeks, few months. You shake them out and believe me, not too late after that it will rise too much.

Show me your investment portfolio)? Cool