The crypto market is highly volatile place. An investor needs a proper planning before they start investing into crypto coins. Many new beginers into crypto are not aware about building crypto portfolios. For them crypto begins and ends with #bitcoin only. They need to understand that to sustain and derive high profits, an investors needs to stay invested and create a balanced portfolio. It simply means planning and diversification of the investments in difderent coins so that the level of risk is manageable.
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Just like we create a diversify portfolio for all our investments, structuring our crypto, in a manner that has both growth and stability is a must for any investor. When we diversify our crypto assets, we are ensuring "not to put all the eggs in one basket". An investor can diversify their assets by investing in #Bitcoins, #Stablecoins, #NFTs, #Altcoins, etc. It is up to us to determine what portion of our investment to allocate to each category.
My Crypto Portfolio :
In order to achive a balanced portfolio, i tried to make a heavenly distribution of my fund. While #Hive constitute the maximum portion of the investment. Being my first investment, it remain on the upper side. Followed by certain amount of stablecoins in #USDT for meeting any immediate need of cash. I also certain portion invested into Large cap funds #btc #eth #bnb #sol giving my portfolio a handsome look. It also ensure a proper stability to my portfolio. In addition I have certain amount invested into Medium cap funds like #dogecoin #rune #polkadot #Polygon #arb. The main aim of investing into Medium cap funds is to keep circulating the money whenever their is gain. I.e buy in dip and sell on high. This really allow me to get some good return.
This is little about my crypto portfolio. It is not as such I have only few well known coin in my portfolio. There are many other coin which really given me some genuine loss. Coin like #reef #coti #rdnt #skl where I invested in begining of my crypto journey just by the words of other person. It gave me a good learning of not going blindly over others suggestion. The other important learning is not to get too greedy on any investment. For example if we get gains from a certain coin, we should remain cautious before putting in more money in that coin.
Words for Investment.
Crypto markets are high volatile, and keeping a watch on the market is crucial. The investor might elect to buy a wide range of crypto assets from various markets and niches. Always make sure to invest what we can afford to lose. Any excess beyond the limit will disrupt our money management planning.
This is my 8th entry for INLEO prompt wrting for the m/o February.
