Quite good advises, thanks all for the insights.
Wow... I didn't realize XVG is so disregarded around here
... that's a pretty strong community statement.
Verge is trash. Sell it all.
The best coins you are holding are VEN, OMG and ARK. Increase your holdings in these.
Personally, I would also get rid of some of the less well established coins (FLO, CAPP, HMQ, VIB) and buy ETH and NEO.
ditch xvg, increase portfolio of ardor,rdn bring some eth if you want some stability
Thanks Guys, I also like ARDR, ARK and OMG a lot, although I still need to be convinced by the OMG team that they are really capable of delivering.
I believe ARDR has great potential (the parent-child blockchain tech is unique) and that's why I also invested a little bit in IGNIS, their child coin.
I will add some ETH in my portfolio; interestingly enough, it was one of the few coins that resisted quite well to the current dip.
Personally I would sell all my Verge and replace it with some solid coins like Neo and/or ICON, maybe some Waves.
I'd also reduce my Bitbay position. Why do you have so much Bitbay? I'd go with safer bets here.
I really like Stratis, Ark, Status, Komodo, Shift.
Well, BCH is always something to discuss. Now with the lightning network coming for Bitcoin I don't really see too much of a future for Bcash.
The rest seems pretty solid. Although FLO, CAPP, HMQ are not really my coins but since the positions are small I guess that's fine since they could actually perform well.
Some BTC and ETH could also not hurt but actually I don't have them in my portfolio either at the moment since I really think my other coins can outperform them easily (at this moment). I guess overall this portfolio is pretty solid with the exception of Verge and having too much Bitbay. But you should absolutely add Neo.
Thanks, got the point on XVG, I will research more into it and adjust accordingly. In the mean time, care to share why do you think is a trash coin?
Neo... hmm... I see it as a solid coin, but does it really have so much growth potential?
I don't think it's a good idea your Top 2 coins to be Verge & Bitbay! Both are if not trash, then max mediocre projects, surrounded by hype.
Sell it and choose few others like PRL and DGRN.
I bought XVG and BAY in June/July last year, when they were like 0,004 USD and 0,02 USD (I miss those days
), so I'm still quite ahead in profit, even at this current low prices. Did some research back then, with BAY - I was impressed by the tech, richness of functionalities and the story of the main dev, and XVG was among the first players in the privacy coins area.
Taking apart XVG, why do you think BAY is a mediocre project? I do agree that they lack marketing skills and they are not so good at promoting their coin.
I think you should remove ignis, cappacity and florin other than these altcoins are very good quality already. I do not trust these 3 projects
Thanks for input, I was also thinking about removing florin. Liked their Alexandria project, but the progress in the past months wasn't good.
Cappasity is touching the VR part, something new in the cryptospace, what's making you not trusting them?
I had a similar problem. Bad time in the dip this week but action needed. Cut out the holdings that are small gains or losses. They are the weak. Dont keep "just in case they rise", because they'll be the ones to fall most next dip. You can always buy back in future if they hold firm and you still think they have a future.
Thanks for advice. No losses so far
and you're right - I can further watch the market and do some more simplifying along the way...
