Still HODLing? There must be better way!

[crabby]

Rebalancing is like stealing candy from a baby. You guys need to take a look at this!

https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266

[LeGaulois]

I have read the article but didn't understand almost everything I think lol.
So the article is just suggesting balancing your portofolio, which is like diversity (?) which is one the golden rule while investing.

Investing $5,000 and split into 5 cryptos ($1000 each = 25%) and then change the value of these same 25% to 20-22-24% ?
..with a fixed amount of time between each rebalance.

Is it this?

[debuni]

I have read the article but didn't understand almost everything I think lol.
So the article is just suggesting balancing your portofolio, which is like diversity (?) which is one the golden rule while investing.

Investing $5,000 and split into 5 cryptos ($1000 each = 25%) and then change the value of these same 25% to 20-22-24% ?
..with a fixed amount of time between each rebalance.

Is it this?

Something like that... the OP's articles is a total mess and made with a sole purpose to advertise his 're-balancing service ' shrimpy.io/

I wouldn't fall on this.

[BitHodler]

The last thing we need is another joker telling to have found a better way to make money. People don't want to expose themselves to the risks of owning altcoins, and neither do I.

If you look at the market throughout the last years, then it's obvious that nothing beats hodling. What you suggest isn't anything new, and is something certain people are already doing, but without much success.

People who point out that there is a better way than hodling always have something else that plays an important role, and in this case it isn't any different as the above poster pointed out.

There is no easy money to be made.

[iillaa]

well   i think u can   hold  but with more risky way that may make u poor or rich   

simply sell high and buy low   
for example u are holding an alt coin  and it started to dip   sell to btc  and when dip over  rebuy  it  and u will gain more coins

but u may lose also  since the market can play u and the coin may go  up  while u sold 

its too nervous and stressful    tried it and failed   

but ik many ppl  gained money  and other saved their capital

[crabby]

well   i think u can   hold  but with more risky way that may make u poor or rich   

simply sell high and buy low   
for example u are holding an alt coin  and it started to dip   sell to btc  and when dip over  rebuy  it  and u will gain more coins

but u may lose also  since the market can play u and the coin may go  up  while u sold 

its too nervous and stressful    tried it and failed   

but ik many ppl  gained money  and other saved their capital

Hi iillaa,

This is exactly what Shrimpy does, automatically. Rebalancing is a strategy where you automate the process of selling high and buying low. There is no stress involved and no manual trading. This is why Shrimpy was so successful over the last year. The volatile market compounded those gains every time it sold high and bought low.

Shrimpy Team

[iillaa]

well   i think u can   hold  but with more risky way that may make u poor or rich   

simply sell high and buy low   
for example u are holding an alt coin  and it started to dip   sell to btc  and when dip over  rebuy  it  and u will gain more coins

but u may lose also  since the market can play u and the coin may go  up  while u sold 

its too nervous and stressful    tried it and failed   

but ik many ppl  gained money  and other saved their capital

Hi iillaa,

This is exactly what Shrimpy does, automatically. Rebalancing is a strategy where you automate the process of selling high and buying low. There is no stress involved and no manual trading. This is why Shrimpy was so successful over the last year. The volatile market compounded those gains every time it sold high and bought low.

Shrimpy Team

haha  its highly risky  and even if u use  ta  u can get wrong  but  i would like to say i did register in your website and unfortunately i cant use your service  because i never traded on those 2 exchange u have and probably wont   cuz im fine with binance  for the popular coins while use cryptopia and okex and kucoin for new shit coins 

i will keep an eye in your website cuz am sure u may support more exchanges in the future     

[crabby]

well   i think u can   hold  but with more risky way that may make u poor or rich   

simply sell high and buy low   
for example u are holding an alt coin  and it started to dip   sell to btc  and when dip over  rebuy  it  and u will gain more coins

but u may lose also  since the market can play u and the coin may go  up  while u sold 

its too nervous and stressful    tried it and failed   

but ik many ppl  gained money  and other saved their capital

Hi iillaa,

This is exactly what Shrimpy does, automatically. Rebalancing is a strategy where you automate the process of selling high and buying low. There is no stress involved and no manual trading. This is why Shrimpy was so successful over the last year. The volatile market compounded those gains every time it sold high and bought low.

Shrimpy Team

haha  its highly risky  and even if u use  ta  u can get wrong  but  i would like to say i did register in your website and unfortunately i cant use your service  because i never traded on those 2 exchange u have and probably wont   cuz im fine with binance  for the popular coins while use cryptopia and okex and kucoin for new shit coins 

i will keep an eye in your website cuz am sure u may support more exchanges in the future     

Hi iillaa,

Can you explain why rebalancing is risky? There is no TA that takes place in order to perform the rebalance, so the application cannot make mistakes. Rebalancing is actually quite the opposite of risky. It reduces your risk and makes your portfolio more stable.

Thank you for signing up! We will definitely let you know as we expand our offering. Hopefully you can be convinced at some point to jump on board!

Shrimpy Team

[orions.belt19]

I have read the article but didn't understand almost everything I think lol.
So the article is just suggesting balancing your portofolio, which is like diversity (?) which is one the golden rule while investing.

Investing $5,000 and split into 5 cryptos ($1000 each = 25%) and then change the value of these same 25% to 20-22-24% ?
..with a fixed amount of time between each rebalance.

Is it this?

Something like that... the OP's articles is a total mess and made with a sole purpose to advertise his 're-balancing service ' shrimpy.io/

I wouldn't fall on this.

Rebalancing is simply a strategy that realigns your portfolio with your target allocations. This means if you want 25% of 4 different coins, after a rebalance you will have 25% of those 4 different coins. Between rebalances, the percentages may drift, but after each rebalance your portfolio will be aligned once again with your target.

It's extremely simple and has beat HODLing by a large margin over the last year.

I agree the article was not meant for educational purposes. Educational articles generally don't seem to create enough interest. You are welcome to see our other articles we've published on other topics: https://medium.com/@ShrimpyApp. However, there is nothing to fall for. It's simply a free application that anyone can use to rebalance their portfolio. It's as simple as that.

Shrimpy Team

I believe that this is no longer foreign to most traders. The article would be informative and educational for those who have no idea of the concept yet and may utilize it as a strategy. Some don't know the importance of diversifying their portfolio and choose to just focus and one good coin.
 
However, this cannot be compared to HODLING. HODLING is totally different from this because by principle, you don't do anything with the coin when you HODL - you just simply store it in a secure wallet for a very long time then eventually sell once you're satisfied or have profited enough.

[Ishiro5]

HODL should be a pre-determined strategy on chosen trades. For instance, in a bear market such as we have had in the last few months, a full time day trader cannot be seen as smart if he/she invests all his portfolio in coins that keep dropping and he fails to set a stop loss or cut his losses. But if a coin is being bought for hold, the coin should even locked up or something.

[Gotottack]

I have read this. People may opt to try this if they are risk-takers but if they do not want to try something new, I still think HOLDING is key. But based on my experience, however, I combine holding by earning with Bitcoins too. Hence, I accumulate Bitcoins day by day and not just solely holding it. I think people have to see for themselves what work best for them, and not rely their business judgments to those of others who are not in the same situation as theirs. We have to understand the varying circumstances that are unique to every experience, hence, we cannot really totally apply what is right and correct in theory. Situations are not always ideal as envisioned in theory, you know.

[crabby]

I have read this. People may opt to try this if they are risk-takers but if they do not want to try something new, I still think HOLDING is key. But based on my experience, however, I combine holding by earning with Bitcoins too. Hence, I accumulate Bitcoins day by day and not just solely holding it. I think people have to see for themselves what work best for them, and not rely their business judgments to those of others who are not in the same situation as theirs. We have to understand the varying circumstances that are unique to every experience, hence, we cannot really totally apply what is right and correct in theory. Situations are not always ideal as envisioned in theory, you know.

Could you explain more about why you think rebalancing would be risky? Rebalancing definitely reduces risk.

I do agree though that everyone is welcome to use their own strategy. Rebalancing is just an extremely simple solution that doesn't introduce any additional complexity to managing a diverse portfolio, so I think it makes sense for HODLers.

Thanks,
Shrimpy Team

[MinerHQ]

Could you explain more about why you think rebalancing would be risky? Rebalancing definitely reduces risk.

Rebalancing surly it will help if you do it correctly but I don't agree that making money is so simple just create an account and link your account to trading account.

If any such full proof methods are available then I don't think they will release such programs to the public instead they will be busy in making money from their trades 24 hours.

If a person can't understand how market moves or can't decide which one to buy for short term then better buy good coins and hold for a long term to make a profit.

[squatz1]

Rebalancing is something which would require you to have extra capital to toss at it. If the market is good you're going to sell some to rebalance, but if the market crashes you're going to have to buy mass amounts to rebalance -- and I doubt a lot of people are going to have the extra capital in order to do it.

SO YEAH, there is a better way for people to have the money-- but not for people that put in more then they can afford to lose.

[St4yInTh3D4rk]

In trading the holding is not the better way because we can't make money if our funds stand still but when it comes to crypto currency trading while the prices are falling it is better to hold our crypto currency than trading and holding can give us more profits if we hold it longer.

[squatz1]

Could you explain more about why you think rebalancing would be risky? Rebalancing definitely reduces risk.

Rebalancing surly it will help if you do it correctly but I don't agree that making money is so simple just create an account and link your account to trading account.

If any such full proof methods are available then I don't think they will release such programs to the public instead they will be busy in making money from their trades 24 hours.

If a person can't understand how market moves or can't decide which one to buy for short term then better buy good coins and hold for a long term to make a profit.

I love how people still think that the 'good projects' are going to help them out in times of a market downturn. When the market is taking a shit, all of the proejcts are taking a hit and no one is going to care what the projects ambitions are cause they usually don't turn out coming to fruition anyway.

Stick with the coins that are making money, not the biggest ambitions.

[mriansa]

Rebalancing is like stealing candy from a baby. You guys need to take a look at this!

https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266

yes you are right the best way now is to hold the coin you have because bitcoin price is still very below and if you sell coin that you have at this cheap price then you only get loss because actually bitcoin has potency price rise again.

[mrproblem]

Rebalancing is like stealing candy from a baby. You guys need to take a look at this!

https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266

Actually hodling is useless if you don't have a target for selling , buying or a stop loss point

[GoldenLad]

OP, your article is sort of Confusing, if I understand that article correctly; it means that people should rebalance as in buying and reselling so that bitcoin price will increase and there will be gains? I am seriously lost. Well if it what it means; then, I don't think everyone should be rebalancing, there are some people who perfer to hold, its their choice. And again, HODLing is what made crypto what it is today.

[sensimilia]

Yes some people still holding and doing re balance of deposit if price drop more they just buy more and fix middle price of total pocket . I think this is a good strategy but its ask more money to have to acting like that.