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RE: Nexus (NXS) Target $3.87 (345% Profit Potential)...What's the NXS/BTC Target? Check out this Analysis!
how many coins would you suggest someone be invested in??
surely you dont invest in every coin with huge potential right?
i have found myself in too many coins to even keep up with. how do you manage it? and how much can you handle at a given time?
Often 12 or so coins.
I have investment levels like EOS and BTS.
I have trade levels where I buy sell per signals.
I have cash which is 20% or so.
is there a ratio or a rule you follow
Usually no more than one coin, but can reach 50% if compelling signals.
3% on smallest allocation
Always Diversified
I'm sorry, can you explain a little better? maybe at the end of a video or just elaborate a little more if you have time?
No more than 1 coin to be holding at any given time?
but can reach 50% ( meaning split your budget into 2 coins if its a good move) ??
Am I understanding it right?
I believe he is referencing the most he would move of the equity set aside for trading if the signals are strong enough. It is prudent to have a long term plan you don't keep pulling from like XVG BTS EOS DGB, and then have equity set aside to move into and out of positions, but also always keep cash available for an unexpected opportunity. One benefit of taking requests is that we all get to see coins we never would have looked at on our own....thus the unexpected opportunity. In essence, even with a monster trade probable, no more than 50% trade equity would be put in....remember, there are always more possibilities than probabilities, so you must protect you profits you have accumulated by storing them and limiting your future trade percentages. Stick to a basic set of rules, when you break them, you almost always regret it.
ahhh I see, thank you very much for clarifying... can you explain whats going on with BCC&BTC?