Quote from: pawanjain on April 29, 2021, 02:39:02 PM

So I am in a situation where I have found a potential project I can invest in for the long term and gain huge profits.
At the same time the current market seems the correction is over and another bull run might start.

I am having an urge to invest all that I can in the potential project I like but it is also a good time to diversify the portfolio and trade some nice coins to gain short term profits.
What would you guys do if you were in such a situation ?

@mk4
how long you're planning on holding
I can hold very long. Let's say 15 years or so.

what your other investments are(inside and outside crypto)
BTC and ETH
Little amount in Mutual Funds

what your asset allocations are
Not sure how would I describe that

what your trading strategies are
More of swing trading. Buy the dip, wait for a good price to sell (time doesn't matter)

what your risk appetite is, and how much money you can afford to lose
I can afford to lose not more than 25%

Since you intend to invest in that project for a very long time, it is wisdom to know that it is necessary to provide a means of income that can provide for short term needs. Personally, if you'd ask me, I'd say that the best option in this situation is to diversify.
I'd say you invest a large percentage of it, say 70%, into that project and the remaining 30% into active trading to make some short term profits.
Secondly, it's too risky to put all your eggs in one basket. It's very easy to lose all in the case