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RE: Portfolio update: week 6 2018

in #bitcoin • 7 years ago

Nice breakdown, and nicely formed portfolio mate. I strongly agree with: NEO , XLM, KCS - these are great for medium, to longer term holding (1-2 years).

7 years ago in #bitcoin by
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     7 years ago 

    Indeed. I do try to set up a business plan for each coin but it is difficult to decide when to sell!

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     7 years ago 

    I think the best take is, in advance (or when bought) to know how much profits is ok from each particular coin:

    1. do you want a short trade: +5/+10%
    2. do you want a bigger gain and can wait: +20/+50%
    3. can you wait longer term, and want 10x / 50x / 100x returns.

    Important that when the coin reaches those limits: to execute the sale. Other wise, it is hare emotionally if the coin would start moving even slitly down.

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