Seems like diversification both helps and hurts you as you may have multiple assets that actually compete with each other in what they intend to do. These are great times to consider some rebalancing as well.
Seems like diversification both helps and hurts you as you may have multiple assets that actually compete with each other in what they intend to do. These are great times to consider some rebalancing as well.
This is true and my portfolio will change with time accordingly. Being early days still, it is not always clear which coin/token in a specific sector will dominate. That's why I did things like buy into MCO, PAY and CTR all at once - to hedge my bets. Ideally I would only buy the best of each type of coin, with platform coins being an exception to that rule. Over time I would like to streamline my portfolio by eliminating the not-so-good coins that compete with my main ones. For instance: I still hold both Civic and THEKEY. I would like to only hold one of those, though where and how they are adopted may change how I feel. I don't hold SelfKey because I consider it to be inferior to the other two.