Quote from: palle11 on November 02, 2021, 08:04:09 PM

Quote from: kryptocanon on November 02, 2021, 06:44:21 PM

I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.

Nice way to go but be mindful of shit coins. Don't invest in a coin just because it is cheap. There are other things to check like volume, usage and maybe exchange. Diversification is good for the person who is thinking of the future , more altcoins will go moon soon when bitcoin rally totally drops so be ready you may see other altcoins that can rise faster.

On point with this. While it is great that OP secured profits and already starts to see the value of diversification it is just as important to ensure that diversification doesn't fall on mainly low cap alts, or cheap ones as the risks can be detrimental.

A good mix is usually a good approach, such that if one sector like gaming for instance is affected you can rely on the other unrelated sectors to uplift your portfolio Cheesy