In a quicker update after I looked at my portfolio again and saw that my WAN Wanchain bag wasn't that large, so I decided to sell the rest of my OMG bag to add WAN. The portion of WAN in the 0.1 portfolio is for trading and the WAN in my long term bag is still there to hodl. This is what the 0.1 portfolio looks like now:
The strategy is basically to try and get as much as I can in a particular coin for free. For example, with DRGN Dragonchain, I'm basically riding that bag for almost free, about 0.003 BTC or so. If I wanted to ride for completely free, I could just sell some DRGN.
I like to try and do this as much as possible, but it depends on the overall market and my liquidity at the time. Can't always wait for coins to go 3x+ before selling initial costs. If markets aren't cooperating and you don't have hodl patience, you can be more active. Trade ranges, sell bounces and buy back same/more on retrace, etc.
Below is the WAN chart I was looking at - gotta bust through! I took a look at ONT Ontology's charts and compared it with WAN's. Similarities?
