Portfolio and strategy Update
The experiment of the HODLfolio has come to an end, with losses that helped me learn quickly that JUST HODLing may not be the best strategy in this market.
I want a combination of long and short-term trades in my portfolio.
I will stop posting absolute values for my portfolio as well, since it makes no sense anymore to me.
I will separate my portfolio in various categories:
Long Holds:
Will always and only be BTC and in a smaller percentage, ETH.
Short Term Trades:
Low cap trades where I expect to make substantial gains. Diversification, TA and FA are key here. Currently:
LOKI, XHV, PURK, AURA, EGEM, TUBE, HOT, MAN, NAS, SPHTX, BTO.
Buy amount of these is relative to total portfolio value (around 1%).
Prospects:
Projects I am researching at the moment and given a good entry point I could consider investing in them:
RTO, QUANT, AKA, MSP, SS
I will give more detailed info on them in following posts.
The overall target is to reduce the number of coins being hold at the moment, and keep only either trades ongoing or big caps that I want to accumulate for the log future (BTC mostly).
See you in next post!
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Hey Savitend, love your HODLfolio! I make a product called Crypto Squad - it lets traders like you create and manage investment pools.
You can take a peek at it on http://www.cryptosquad.io and here's a demo
Would you be interested in trying it ? Would love to chat with you and get your feedback!
Thanks
Vibhas
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