RE: What does a Model Crypto Porfolio Look Like?

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What does a Model Crypto Porfolio Look Like?

in bitcoin •  7 years ago 

By losers he means coins that have to go up and are on a downside, so that are cheap and will make a massive profit when going up. Technical analysis is used to spot these.

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7 years ago by

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      ·  7 years ago (edited)

    also thats why the alt portfolio needs to be large enaugh. For sure you cant bet a 100% on TA but if among some massiv gainers you will have some shitcoins then you will barely notice that and sort them out on your next portfolio review if you decide not to wait any longer.

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        ·  7 years ago 

      You made a right point @barsic. Shitcoins profit should be taken asap but dont invest all the earnings in a bearish coin until it has started to make a bullish trend

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          ·  7 years ago 

        Thanks for your response. I do understand what he meant by and that's why I made an opinion. But many a times buying more and more of a bearish item results in huge losses as the coin may even break the resistance and go further below. Thanks.

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            ·  7 years ago 

          If you can't bear 30% corrections, you don't deserve 1000+% gains.

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              ·  7 years ago 

            Well said @hashbox. I do bear corrections. My point was different. Anyways thanks for the response. Love.

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                ·  7 years ago 

              That's what TA is for. To find the coins that are ready to explode up. Which in this market is almost guaranteed to go up. Set your stop losses. Reassess your coins and make a decision based on anaylasis. Not to blindly pick some random coins. Or shoot from the hips.

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                  ·  7 years ago 

                I agree with you. Just wanted to add a point here. In cryptomania fundamental analysis is equally important. Thanks.

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                  1 vote