How do you master the Art of handling Portfolio

in Project HOPE3 months ago

By now who so ever is in the market must have a portfolio, If not then make sure to start maintaining it so that you can check out your coins at one place and take decision related to them. Now what is the Art of handling portfolio? In simple words it is the practice and confidence that you build by continuous experience in crypto market through which you exit on a long term coin and take entry in new coins.

I never suggest anyone to take risk on their long term holding specially if they have researched well on those coins but if there are coins you are holding for long term and they are not giving you gains in over a year or two then you can exit from those coins ( partially) and take entry along the trend.

Here I will like to give a example of the coins like XLM, It was not even able to give 2X in last one year where the coin rotated around 0.09-0.16 but you know even if you bought at the least price and sold at the highest the gains would still not meet 2X here so if you have XLM maybe selling a portion of it to buy layer 2 bitcoin tokens can be beneficial at this time.

Layer 2 coins like Arb and Optimism are also an option here. This is my opinion and not a financial advice, you should always do your own research to take steps and make changes in your portfolio. For me I think these two tokens will reach double digits in bull run. So this is what we call the art of handling crypto Portfolio. I must say that it further take you to a scenario where you might buy back the coins you sold.

Floating the money from one place to another is how we make the max gains, I will talk about his in future blogs. Also all the screenshots taken and used in this blog were from coingecko, so credits to them.

Thank you

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