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RE: Cryptocurrency 2017 Price Predictions And Fundamentals

in #money7 years ago

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.

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