As I mentioned the other day, I sold 1/4 of my $EOS tokens when the price spiked at $23. My initial intent was to leave half of the proceeds from that sale in BTC in order to buy back in to EOS if the price dumped back 50%.
Today as I looked at my portfolio, I decided that was not the move I really wanted to make. I love EOS as a project, and I feel it will be a very profitable long term hold, but I took a look at Blockfolio and even with 1/4 of my EOS tokens sold it still looked very lopsided to Steem and EOS.
As you may have read in my even earlier post, I am powering down some of my STEEM in an effort to balance out my portfolio some on that note as well. I am not going to immediately sell the STEEM I power down, but I want to have it liquid so that when an opportunity comes to sell and buy in to another project I like, I can do so.
Today I decided that two of the projects I really wanted to have more exposure two were in pretty good buy zones. So I almost doubled my bag of $DRGN (Dragonchain) and bought 50% more $VEN.
With that done, my Blockfolio now looks like this:
With a shit ton of projects in that 1-2% range. Many of them are bags I probably need to just let go of, but they are still very underwater from initial purchase, so for now, I am a bagholder.
As you can see, STEEM and EOS still dwarf the rest of my portfolio, so there is work to be done. I need to shed some smaller holdings in tokens I am not real sure about holding, and reinvest those in some of the top 10 that I really like. This is pretty close to the right order for now, though I would probably like to get $SMART up above TenPay, though those could flip if Smart just adds a little value.
So I continue to work on getting this little portfolio of mine exactly where I want it, without FOMOing in to too many new projects. Barring a massive dump off, I am probably abut where I expect to stay for awhile on EOS tokens, so shifting those profits elsewhere.
Next coin I am looking to pick up will be $KRL (Kryll) as the tokens were distributed from ICO today and should be hitting IDEX soon. They have begun to appear on ForkDelta, but I am no familiar with that platform and unwilling to put my money there at this point with a very shallow order book. I can be patient and wait for the IDEX listing. Once I pick up some of that coin I will do a little bit of an overview of the project for those who might be interested.
Party on everyone! Keep earning them Satoshi!