Quote from: HR on January 02, 2018, 12:10:35 PM

Quote from: HR on December 17, 2017, 10:14:59 PM

This is what a theoretical Week 29 Update would look like.

https://i.imgur.com/YvXLyp4.jpg

ADA grew to 54% of the total portfolio last night. Thats a fairly good concentration, and something I personally wouldnt let go without rebalancing. As you know from reading this thread, I mentioned on the 1st of December that I had rebalanced my personal portfolio on the first ADA spike higher. Im sure it wont be too much of a surprise for you to learn that Ive done the same again. And Im still fairly overweight ADA!

To the question as to how the locked model portfolio is doing in comparison with my real portfolio, the truth is that until yesterday the balanced portfolio was still winning, both in percentage terms and absolute terms, even after having taken a little more than 10% profits cleanly off the top (a nice little fiat payday to brighten up the holiday season). However, with yesterdays doubling in ADA, the locked portfolio took the lead in daily percentage gains. There's a lot of risk to assume in order to do that though, and with the likes of true 100x prospects like STEEM and SYS falling below 7.5% and 9%, respectively, there really are good places to put those ADA profits that will probably catapult the balanced portfolio higher sooner or later, while reducing substantial overall risk at the same time.

Check out the last post on my blog on Steemit, Buy Low, Sell High, for more about selling strength and buying weakness, best practice portfolio management, and a real nice example of a YTD laggard that could well be the next 100x.

All my best to everyone, and always remember that there will always be another correction.

^^ This!

And I will summarize: aside from having made good picks (which would have been fairly easy as some have pointed out), what made this possible more than anything else is the balanced portfolio concept. Don't forget it!

In fact, my real portfolio, complete with 2 ADA rebalancings to laggards, IS STILL ON PAR with the locked portfolio. Done just as well, and my risk is way lower as a result.

Also keep in mind that at some point, your crypto will need to be rebalanced against fiat.

A DIVERSIFIED BALANCED PORTFOLIO is your best friend and will never lie to you.

Both of those quoted posts just above placed great emphasis on best practice portfolio management and the need for periodic rebalancing when individual holdings get out of balance. The first of those two posts was the very day of the ATH in BTC, and the second the day before the ATH for the "model" portfolio - now not such a model given its extreme overweighting (still) in ADA.

For all those who took profits, that is to say, followed best practice portfolio management guidelines, we now find ourselves in a buy zone, so, everyone who has USDT, BitUSD, SBD or the like, happy fishing! Grin

https://i.imgur.com/zF3jMnT.jpg

And to everyone who didn't, not to worry, there's always time to learn from our mistakes.

Un fuerte abrazo para María de GdC.

HR

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