5 Tips on Protecting Your Gains in CryptoCurrency! - Create a Crypto Portfolio.

in protect •  7 years ago 

This is great. I've been trading a bit based on the advise given by CryptoBud between Bitcoin, Ethereum, Litecoin and Dash. Although most of my money is currently in Bitcoin Mining (very worried at this point due to uncertainty regarding the split), I have some money in these four Cryptos. Mostly I have been moving my Crypto between these 4 in stead of distributing between them. I agree that having a maximum of 20% of your total crypto value in one currency is a good idea.

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5 - Know when to sell!

This is a very important tip. check it out. If you sell at the wrong time you potentially lose a lot of the gains you might have made.

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