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22045396 No.22045396 [Reply] [Original]

How much of your portfolio is in risky small cap coin? Is diversification a meme or not?

>> No.22045712

>>22045396
Diversification is a meme as long as your portfolio is below 100-300k and you know what you're doing.
A lot of it depends on your risk tolerance though but no matter how risk-averse you are, diversifying with anything below 20k won't get you anywhere.
I trade with about 1.2 million in total and use 100-400k per trade, 5 trades at the same time max.

>> No.22045730

>>22045396
It is a meme.
All in Link.

>> No.22045749

>>22045396
that's a woman

>> No.22046314
File: 220 KB, 626x800, Dusk2.jpg [View same] [iqdb] [saucenao] [google]
22046314

>>22045396
90% in DUSK, it might look like a small cap now but it will be a top 50 in no-time.

>> No.22046390

>>22045396
>How much of your portfolio is in risky small cap coin? Is diversification a meme or not?
How much are you willing to lose? Diversification can be shit, but you could be paying more attention to other coins with it. People mostly tell you its a meme because then you'll all in on their shitcoin and start shilling it.

>> No.22046677

>>22045396

"diversification" is a meme if you're individually picking, because most small-mid cap crypto, and all stocks too (every company will eventually go bankrupt), go down over time. Its only the market as a whole that is very likely to increase in value.

So diversifying by buying an index of coins / stocks based on marketcap, that replaces failing coins/companies with new on-the-up ones, is ok. But diversifying by just adding more shitcoins that will all likely just slowly bleed to zero is retarded (unless you "know what you're doing")

>> No.22046968

>>22045396
you don't need to diversify if you know what you're doing

>> No.22047113

>>22045396

All of it in ORN, I don't feel like it's taking a risk at all though. I mean, my portfolio is only worth like 4 million right now but this shit is going to be the default trading exchange for the entire planet soon.

>> No.22047151

>>22047113
Just spread between like 2-4 coins which you're sure will do well.

>> No.22047248
File: 87 KB, 650x420, 1596944145679.jpg [View same] [iqdb] [saucenao] [google]
22047248

>>22045712
You cunts keep saying this like the only money that matters is if you make it to millions. Diversification is definitely not a meme. That doesn't mean you should be in 20 projects no matter how much money you have, but diversifying when it comes to shitcoin plays is an extremely basic way to manage risk. It lets you bet more money while not being as worried about your portfolio going to zero. We are talking about an asset that will easily do a 2x in a day or go to zero.
>well think of all the gains you miss out on
Yeah, and think of all the losses I miss out on as well. My folio is now ~50k from 15k and that's fine for me. I'm not a degenerate gambler and am trying to build stable wealth generation, because that's the key towards escaping this hell. Not yoloing all in on uniswap scams.

Personally, I think large caps (top 15 or so) should always be a majority of your portfolio. Mine is made up of LINK. Then I have another 30-40 dedicated to mid caps (which were originally all small caps but they've all had a lot of upward movement) and finally I have a few moonshots as the last 10-20 or so percent of my folio. Really I'm in desperate need of rebalacing particularly since I wanna move to an 80/20 crypto to precious metals split but I am never selling.

The point is that you need to decide your appetite for risk. The price of the large caps seems to be settling down and will probably move in shorter movements. And the most important thing to remember is that Rome wasn't built in a day. If you can come up with a split you think is comfortable, maintain it and continue to build on it. Because eventually you wind up with a hundred in that split, then thousands, then hundreds of thousands, etc. However, I will say that diversifying is a total meme if you can't afford to have a few thousand in any given asset. That just my personal belief. It's all about risk management.

Don't diversify only into shitcoins though. You will probably kill yourself.

>> No.22047929

>>22047248
With 15k you started with more than a lot of anons, I started with 3k a few weeks ago and am now just 15k diversifying is a fucking meme I will always go all in until I'm at 100k and then I will ride the bullrun in safe coins that will 10x

>> No.22048061
File: 26 KB, 600x546, 5B198F9B-44B7-4573-BE6D-C90C5221C86C.png [View same] [iqdb] [saucenao] [google]
22048061

>>22045396
Diversification isn’t a meme if you do it right. Based ‘The Black Swan’ author Nassim Nicholas Taleb has the perfect strategy for diversification. Pic related.

>> No.22048285

>>22047929
exactly what im willing to do except at 60k

>> No.22048299

>>22045396
The face (s)he makes at 4s is when anon slides his cock into (her) tight and sweet poibussy

>> No.22048872

>>22045712
with an account that size, do you spread your capital across multiple exchanges, or just trust one? spot trade or are you using leverage? curious about trading with big amounts

>> No.22049614

>>22045396
that's a man

>> No.22049662

20% in 0xMR

>> No.22050357

>>22048061
What's a medium risk/reward investment? Real estate?

>> No.22050501

>>22049662
0xmr is vaporware. they have no devs, they have no repos. they have a web page and they don't mind lying. that is the 0xmonero project in a nutshell

>> No.22050679

>>22047248
When did you start investing?

>> No.22051624
File: 7 KB, 268x268, 1575460434727.jpg [View same] [iqdb] [saucenao] [google]
22051624

>>22047929
Well I will admit I did get lucky in some sense (and I'll expand more on it in my next reply) but my father passed away in April unfortunately, but this turned out to be a pretty good financial blessing for me in the short term. He left me 25k in his insurance policy (and 12.5k went to some woman he was sleeping with. I love my dad still but that's a bit insulting to me. Sorry for blog.) so I was able to pay off the debts I had, build some savings, then add 15k to my portfolio. 18k is where I was I think right before all my holdings went up. Prior I think I had more like 6k or something but had some dips. And when that was the case, I was playing a little riskier because the amount was low so I didn't mind losing it. I think I only was in PNK, FTM, LINK, and MCO was my largest holding for the card. Which I think is still pretty diverse for the amount, but when it comes to these low caps, a suicide stack for pnk and ftm was under a grand. All things considered? Not that much even on my salary. I knew if I just kept adding money to things, then eventually I would have more money. I think the investing side of the Internet praises degenerate gamblers and a lot of people get JUSTED because they saw someone made a million on tesla calls or antshares. How many people do you think got absolutely JUSTED by antshares and tesla vs made it? So I think a good philosophy is always to understand nobody ever went broke by making not as much money.

>>22050679
Technically? December of 2018. But I didn't start really turning a profit until this year. I had some expensive lessons to learn what I outlined above. I speculated on biotechs, fucked with margin, and got too emotional. I also didn't buy link when it was cheap. Now I know that patience is a virtue and risk management is extremely important. It's why I want to rebalance my portfolio because i don't want to watch a 50k crypto folio turn back into 6k

We are all gonna make it bros.

>> No.22051687

$100k folio from $5k

70% shitcoin
30% BZRX

>> No.22051719
File: 15 KB, 352x198, 38f96ecdc9880589434071a09a7002ef.21.jpg [View same] [iqdb] [saucenao] [google]
22051719

>>22045396
10% of your portfolio.

Also new YFI clone launched on Uniswap. Its being shilled by a lot of crypto whales. Price is starting to pick up. Buy here and sell in 2-3 hours. Easy 5-10x potential:

https://uniswap.exchange/swap/0x22f4A547ca569aE4dfeE96C7AeFf37884e25b1CF

>> No.22052050

Diversification is important.
You can make new bets all you want and find new horses.

You can only have your capital once.

>> No.22052119

I think diversfication appeitate comes from personal sitaution

I find desperate people making the risky bets (which makes sense). If your comfy with a comfy job or better working for yourself (Like me) you find not such a desire to fuck up your life by making stupid bets.

If your working for noseberg and slaving away from BLM charity money, then I think this may alter ones view of "all in". However, if you lose it all, enjoy killing yourself.