Narrowing the Portfolio

[ganjasmokingg]

An idea of concept struck me to narrow my portfolio, why? I think the concept
of moving coins/tokens which may be low or non performers into the obvious
Bitcoin, Ethereum, Litecoin and Monero reliables.

Has anyone done this already?

Narrowing the portfolio is a great solution. It helps you to easily manage the altcoins you have invested and from which you can spend less time deciding on investing. The market for Crypto has only a few altcoins as potential, which would be EOS, ETH and BTC. The remaining altcoins will not be profitable for you and you should consider investing.

[aoluain]

Obviously i havent had a revelation by saying the market is flooded with alt coins,
we know this is the case and it seems people are fliting between these as the trend
changes from one to another and i have done this myself that is why i was left with
coins which were not performing.

Since I created this thread I have added Gold and Silver to sit beside my Bitcoin and
Ethereum.

[jackylion]

Now I only buy and hold two major coins, ETH and BTC, which are the two coin I trust most and can rise sharply in the future.

[Gravityle]

I get your concern and your movement, but remember that is really take some time for some projects to thrive. I have some positions besides coins you've mentioned an they will stay untouched for as long as it's needed.

[lavara]

I am now focused on working with good ico projects. I know very much in the market such offers that will not yield income or even loss, but believe this is a good direction. The important role here is played by the choice of a good project with ico. Ljulf your profit can make you very happy. I am currently working with BOOSTO - a good project, I think there is good potential here.

[yetiripper]

An idea of concept struck me to narrow my portfolio, why? I think the concept
of moving coins/tokens which may be low or non performers into the obvious
Bitcoin, Ethereum, Litecoin and Monero reliables.

Has anyone done this already?

I'm thinking about this for a while but I'm not doing that because as far as I can see my coins which are in my portfolio are still reliable and perspective. So I'm just afraid that I will sell them and they will came up significantly.

[panjay]

now almost everyone who buy alts always has something similar, to gain more btc, it's will be more stressful and more heartbreaking nerve to looks your portfolio -90% in 1 weeks. So if you do not have enough confidence and skill to invest in any other alts, just buy btc and hold

[aervin11]

An idea of concept struck me to narrow my portfolio, why? I think the concept
of moving coins/tokens which may be low or non performers into the obvious
Bitcoin, Ethereum, Litecoin and Monero reliables.

Has anyone done this already?

Here's my call for this.
When I'm a newbie, I doubt that bitcoin could make me rich so I invested on lower cap coins that have potential (pertaining to the idea, market listing, cmc listing, hype, etc.) and the gains there is pretty good compared to bitcoin or other more stable coins.

When I've spent some months in here, I think of buying top market cap coins like btc and eth so I could have my investments safer rather than those unsure projects that are shaky and didn't have that blockchain implication.

As you grow you'll learn, and I have learned that hitting continued singles is good rather than homeruns.

[buwaytress]

Here's my call for this.
When I'm a newbie, I doubt that bitcoin could make me rich so I invested on lower cap coins that have potential (pertaining to the idea, market listing, cmc listing, hype, etc.) and the gains there is pretty good compared to bitcoin or other more stable coins.

When I've spent some months in here, I think of buying top market cap coins like btc and eth so I could have my investments safer rather than those unsure projects that are shaky and didn't have that blockchain implication.

As you grow you'll learn, and I have learned that hitting continued singles is good rather than homeruns.

Think that was always obvious to me, even when I was a newbie. I naturally dabbled in some alts, if only for the curiosity of learning how to use cryptocurrency and experimenting with different types, but I'm sure I'm not the only one who remained impressed only with Bitcoin after seeing all the other aspects of usage (especially) and the quality of discussions going on surrounding the tech. Simple comparisons always showed me that Bitcoin was the only one with consistent credibility that suggested it was the only one with true value. And I think anyone who spends enough time on this forum can easily see for themselves that almost everything else other than Bitcoin, is vapourware.

I'm not trying to do a disservice to serious projects who have passionate developers trying to do something useful. There are definitely a few. Just the rest are painfully obvious in selling dreams and conjecture.

[berrygood]

Instead of moving to bitcoin or ethereum, I move to low market cap high potential coins like oax, gup etc. Investing all in eth and btc is not enjoyable