You are viewing a single comment's thread from:
RE: Cryptocurrency 2017 Price Predictions And Fundamentals
Being an investor the diversification in crypto is an interesting dynamic. The goal is to mitigate some risk and I have probably invested in too many different coins trying to accomplish that.
The thing is, they all classify as correlated investments and you can only mitigate risk by roughly 20% using diversification in that scenario.
I'm thinking of actually reducing my number of holding to five. Pick out my five favorite coins and funnel $ from the other coins into them.
Anyway, great informative post. Simple and understandable.