Rate my portfolio /biz/, got a bit of each.
>>1913765
i need balances before i speak anonkun
>>1913765
Judging by your portfolio it looks like you're buying into coins with the goal long term profit, am i right? This is good but I'm assuming you only have small amounts worth of each, so overall even if these were all to increase long term your profits would only be a fraction of what it would be if you follow a more vigorous buy and sell method. By accumulating more value in the short term you will have a greater return in th long term. Also alot of your picks have great concepts but always remember crypto currency is on the dawn of it's evolution, things come and go, get replaced by bigger and better things.
>>1913796
Wow... It seems to me that you are truly experienced. I asume that you are talking about the profit accumulation effect of short term trading ? I had luck with it before, however I'm not able to keep track of my coins. Holding fewer ones would make it easier, yet it would be less diversified
>>1913802
That's fine, maybe consider cutting down ones you think will be the least successful and putting more into ones you have researched and are confident in.
>>1913804
I'm also stuck on the holding loses. On one hand I could liquidate some coins which I managed to buy too high, (while they are searching for a bottom at the moment.) And simply buy them back once a dip is formed. But mathematicaly I see it the same as just holding them, and waiting for them to come back. On the other hand, Im risking for them to fall even more, perhaps the bottom is far lower. I had some coins rocket to the moon, a few hours I liquidated them. One never knows....
Its also allot easier to track them on kraken's crypto watch platform too.
Trading for profit = meme. Fastest way to grind your capital to zero. I'm holding 137 diff currencies