risk management - name 7 coins - balanced portfolio for the summer

[akd]

Who among you have experience in balancing risk well? I am seeking advice, and suggest a collective game. The background:

I am too heavy in BTC and ETH, for leaving my portfolio unobserved. Please inspire me how to mitigate the summer risks.

To create a safer, more balanced portfolio, for while I am away for my summer holidays, which 7 coins would you distribute your money in, for the next approx 7 weeks? I do not necessarily expect huge gains, but do not want to miss out on too much, and ... putting all eggs into one basket feels dangerous.  (advanced answer: Give percentages too. Or: Rank by amount.)

And yes, number 8 is a portion of fiat, too. But the better I balance the portfolio, the less perhaps I have to put into fiat while I am away?

Just name seven, which you think
(a) are not totally overvalued already, and are likely to drop to the core soon,
(b) have solid tech, team, financing, innovation, future ...
(c) are not too correlated (like ERC20 tokens with ETH), and
(d) ideally have a healthy market (demand~supply, e.g.: BTC, ETH, DASH, LTC, ...?)

So, the game is on: Name 7 such cryptos. Thanks!

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[mk4]

Who among you have experience in balancing risk well? I am seeking advice, and suggest a collective game. The background:

I am too heavy in BTC and ETH, for leaving my portfolio unobserved. Please inspire me how to mitigate the summer risks.

To create a safer, more balanced portfolio, for while I am away for my summer holidays, which 7 coins would you distribute your money in, for the next approx 7 weeks? I do not necessarily expect huge gains, but do not want to miss out on too much, and ... putting all eggs into one basket feels dangerous.  (advanced answer: Give percentages too.)

And yes, number 8 is a portion of fiat, too. But the better I balance the portfolio, the less perhaps I have to put into fiat while I am away?

Just name seven, which you think
(a) are not totally overvalued already, and are likely to drop to the core soon,
(b) have solid tech, team, financing, innovation, future ...
(c) are not too correlated (like ERC20 tokens with ETH), and
(d) ideally have a healthy market (demand~supply, e.g.: BTC, ETH, DASH, LTC, ...?)

So, the game is on: Name 7 such cryptos. Thanks!

Man 7 weeks is a short span. if you'd like low risk, definitely hold for ALOT longer.

Short term though, I think BTC and ETH are safe. But anyway, here are some coins I have in mind:

• BTC
• ETH
• Sia
• ANS
• XMR
• Golem
• Maybe Zcash? (idk)

Also, I'm in no way an investment expert so take my opinion lightly. 

[cpfreeplz]

Litecoin (25%)
Digibyte (20%)
Byteball(20%)
Maidsafecoin (15%)
Namecoin (10%)
Feathercoin (7.5%)
Ubiq (2.5%)

That would be my balanced but those are the currencies I believe have a future. Your opinions may be different but these all have solid credentials behind them. Also some sleeping giants here.

[akd]

Nice one, that are already two interesting collections.  THANK YOU!

I had not yet been aware of UBQ - which proper charting site has bittrex data (not tradingview.com, not cryptowat.ch) so that I can do some TA?

The demand~supply for UBQ, MAID, XMR, ZEC look comparably healthy. For SC, DGB, GNT, FTC however, the sell orders side is very strong.


I'd like to add one more wish, as I have little time left to shovel around my portfolio, and e.g. UBQ is already near its ATH:

(e) which are ideally near a local (several-weeks) minimum - because I have no time left to wait for dips.

 
So ... who's next?

[pooya87]

~ for while I am away for my summer holidays, which 7 coins would you distribute your money in, for the next approx 7 weeks?~

only bitcoin and fiat or other investments such as gold,... because altcoins are too unpredictable to be considered as a good long term investment. the same goes for bitcoin to some extent too but the difference between bitcoin and altcoins is the fact that bitcoin has got the real world usage which altcoins lack. and that creates an ever rising demand for it.

the altcoins that are mentioned so far are all over pumped which makes the investment even harder. and none of them (except LTC) has anything good coming for them in the near future. so it is a safe assumption that they may fall.

so unless you can apply some sort of automation for your investment with stop loss then you are taking a huge risk.

[Nagadota]

Litecoin (25%)
Digibyte (20%)
Byteball(20%)
Maidsafecoin (15%)
Namecoin (10%)
Feathercoin (7.5%)
Ubiq (2.5%)

That would be my balanced but those are the currencies I believe have a future. Your opinions may be different but these all have solid credentials behind them. Also some sleeping giants here.

Feathercoin... I rest my case.

Still, I agree with most of this.

1.  Bitcoin (40%)
2.  Byteball (15%)
3.  MaidSafe (10%)
4.  Litecoin (15%)
5.  Monero (10%)
6.  I get lost in the world of shitcoins after about there.  ETH is not recommended, it might stay up for now but from an objective standpoint it's basically trash.

Always keep majority in BTC.  If you find that a couple of them are low afterwards, find out more about them.

[akd]

I tend to agree with most of what you say, and I am really thankful. Well done.

I will balance into XMR, LTC, and MAID - even though moderately, as all 3 are high already (*). Thanks!

While I agree with your Bitcoin assumption (I had been heaviest in BTC for years), it might go through the fire in exactly those weeks while I am away - right? How to go about that?

ETH is in this strange position now that it has been turned from its original intention into an ICO money grabbing machinery. So while the business processes dApp purpose is broken (due to ICO traffic jams), its price might still continue go up, just because more coins get locked, and new ICOs keep on creating demand - or not?

Opinions on the ZEC market?
Opinions on the UBQ market?

About GBYTE I am wondering, there has been a massive distribution of 'free' Bytecoins to us BTC holders recently. So what about there being an excess of supply - couldn't that depress or even drop the price?

Thx for the reminder with stop losses. Hints for that? How do you assess the stop loss percentage per each different volatility?


(*) When you suggest percentages, please also take into account the current price. You yourself might sit on coins which are far in the plus - but I will have to buy at the current price.


Thanks a lot!

[LJS411]

There is a new ICO in the pre-subcription period called AICOIN.  It is designed for passive investors who want to diversify risk and trades the top crypto currency markets based on a Genetic Artificial Intelligence Algorithm.

A track record can be found at www.ouraibot.org

This coin has some very interesting features.  40% of the trading profits go back into the trading pool and 50% to invest seed capital into new [Suspicious link removed]panies and AI companies.  In the crypto markets its cutting edge with a mature development team that is quite responsive.

For a passive diversified investor this is one of the best opportunities I have seen in my 20+ years of proprietary trading.
There is also up to a 20% bonus for pre-subscription investors. 

Personally I find the whitepaper visionary and fascinating and think you would do well to give it a look.

Its a way to trade your 7 coins through an investment pool with experience and voting rights on new investments.

Take a look, you won't be sorry-- https://aicoin.io?reference=ljs411

I'm not trying to spam your thread at all.. and as such my real email is lschnellmann@gmail.com  I am happy to answer any questions you might have or discuss it further. 

Thanks!
 

[cpfreeplz]

About GBYTE I am wondering, there has been a massive distribution of 'free' Bytecoins to us BTC holders recently. So what about there being an excess of supply - couldn't that depress or even drop the price?

To see how much it drops on each airdrop look at the historical prices on each full moon in the past 6 months. That gives you a good idea of how much you're going to drop percentage-wise on each full moon. Keep in mind though that if you own byteball in your own wallet you'll get 20% on top of it (I think that's how it works) + blackbytes. Also don't forget to link your bitcoin addresses to your byteball address if you're still holding bitcoins. That gets you 62.5mb/btc. Not bad at all.

Feathercoin... I rest my case.

It's pretty stable compared to most crypto. That's why I hold some (albeit not 7.5% of my portfolio. Closer to 0.5%).

[cryptogasm]

1.  Bitcoin (60%)
2.  Byteball (5%)
3.  MaidSafe (10%)
4.  Litecoin (10%)
5.  Monero (10%)
6.  I get lost in the world of shitcoins after about there.

Always keep majority in BTC.  If you find that a couple of them are low afterwards, find out more about them.

[ETCethereum]

1 bitcoin
2 ETH
3 suretly coin but now ico selling phase
4 MobileGo (MGO)
5 PTOY (patientory)
6 xrp
7 litecoin

[streazight]

Seasons like summer has any influences into cryptocurrencies, okay back to topic, personally I have totally forget about diversifying my investment capitals across different coins after having that majestic opportunity in the name of bitcoins. Yes, I mean to say I do not need to have a balanced portfolio when I am having they promising bitcoins investments.

So far I did not get disappointments with my bitcoin investments and I still holding it tightly rather than not thing about changing for this summer nor for any near future too.

[Nathland]

Having a diversified portfolio is the best way to reduce the risk of market as well as increase your chances of profit. I would suggest you to have Bitcoin, ethereum, monero, litecoin, golem, siacoin and factom in your portfolio. All of them are showing good rates of growth.

[deadsilent]

1.bitcoin (BTC)40%
2. Ethereum (ETH) 10%
3. Stellar (STR) 10%
4. Digibyte (DGB)10%
5. Roulette Coin (RLT)10%
6. Ripple (XRP)10%
7. Siacoin (SIA) 10%
 
Goodluck on your trades.

[Hazir]

I don't know why people are so fixated on diversification of their cryptocurrency portfolio. Why do you need to have more unstable and less secure coins?
Keep your Bitcoin (at least 80%), add some Ethereum (10%) and Litecoin (another 10%) and you are all set.

Other altcoins to consider, although not really recommended by me:

1. Monero
2. Golem
3. Ripple
4. Augur
5. Zcash