These crypto investors are outperforming the market

[crabby]

Hi Everyone,

I just published a short fun article about how some crypto investors are drastically outperforming the market. You can find the article here:

How some crypto investors are outperforming the market

I would love to hear your thoughts on the strategy and how you think this will age. Do you think we will continue to see these great market conditions in the coming months?

Looking forward to chatting with everyone!

[Strongkored]

I read the article you wrote, the method is not something new re-balancing can even be done without having to wait for advice or follow experts, just select 3-5 coins that are ranked 1-5 CMC and keep track of price movements, but this method in my opinion is not suitable for traders who are used day trade.

[GreatArkansas]

I noticed in the article that it's kinda talk about huge investors in cryptocurrency, but for me, there are still some small investors or retail investors doing these kind methods.
The rebalancing portfolio is superb! Not only diversifying it, but you should also know how to balance them. Risk management still there even you really don't do day trading. The risk: reward ratio should be in your mind. And the most important is TAKING PROFITS, or set a goal/price level where/when you will do take profits.

[justdimin]

There is a risk involved with these kinds of things that are usually not seen. If one person is leading the market this month, that means he is a good trader and I would agree with that, however that doesn't mean that he will continue to make 100% every single week, he will probably not even make profit eventually one month as well, I mean it is quite possible to have a negative month with following them as well.

It doesn't have to be like that, it could be fact that they could make more profit than you normally would yourself so it is still wise to follow them, I am just full on warning for people who imagine they would make 2x every single month, that is literally impossible in the long run and will not happen. You would literally start with 1 dollar and become a billionaire in few years if that was true.

[Ucy]

A good, long-lasting and safe market condition will be determined by the success of decentralized projects.. . (minus market manipulations).
To be on a safe side, it's probably better to stay within the decentralized range or depend more on cryptocoins with more decentralized/safe values. In the end, you'll be relying more on cryptocoins that are more decentralized and less on those that are more centralized. And you  can use this to determine the long-term value/price of many projects.

[The Sceptical Chymist]

just select 3-5 coins that are ranked 1-5 CMC and keep track of price movements

Sounds simple, but it's too bad some of the top ones on that list suck, like XRP and Tether.  That's why I don't give much weight to the top coins as defined by CMC ranking.  But then again, I'm not a trader so if there are people using some kind of strategy like rebalancing based on those rankings, more power to them.  I prefer to buy and hold if I've got the spare funds to do so.

If one person is leading the market this month, that means he is a good trader and I would agree with that, however that doesn't mean that he will continue to make 100% every single week

That's definitely true--traders have hot streaks, but that doesn't necessarily mean their strategy is a sure-fire one that's always going to work.  Plus if more people adopt their strategy, the less chance it has to work for everyone who's using it.  I've known that for years, and it's why I've never been interested in purchasing trading software or attending trading seminars (I've seen them offered for stock traders).

[Yamifoud]

Truly, I'm not familiar with these things and I think also that most traders never use these strategies as well or if there is, it only be a few of them. For causal traders (just like me), they just often used simple techniques and basic trading (buy low and sell high). But it doesn't mean that we could never generate profits or it maybe we are profitable compared to them.

And just like the other says, we can't be performing well all the time, it is also be depending on the market flows that our strategies will work well.

[dothebeats]

Good article, though I don't find making decisions on what to trade based on CMC's top coins a reliable one. Sure these may be market movers and are doing really well in terms of price, but some of them are plainly bad for speculation, and some are just in the top spot for a few days before the hype subsides. One notable thing as well is the amount of volatility plus the ever-changing state of the market. A trader might be on a hot streak for a week, but in the next there follows a tough loss that recoups all his profits in one go. I don't think I have stressed this enough yet, but there will be times that the market will screw you over no matter how prepared and bulletproof your approach is, especially in a market like crypto's.

[Strongkored]

just select 3-5 coins that are ranked 1-5 CMC and keep track of price movements

Sounds simple, but it's too bad some of the top ones on that list suck, like XRP and Tether.  That's why I don't give much weight to the top coins as defined by CMC ranking.  But then again, I'm not a trader so if there are people using some kind of strategy like rebalancing based on those rankings, more power to them.  I prefer to buy and hold if I've got the spare funds to do so

Reason to choose of 1-5 ranking in CMC is only to avoid getting trapped in shit coins, and also with that rank the trade volume will be high and many are listed on many exchanges, but still need foresight to choose.
I myself only trade at certain times the rest only save for a period of more than 3 months.
Whatever strategy is used including re-balancing does not necessarily make us avoid losses.

[hugeblack]

Choosing cryptocurrency investment based on market capacity is useless and does not mean that they are safe or will make a realized profits due to the ease of manipulating the market capacity index.


If you are a professional trader, highly volatile markets are ideal for achieving such profits, but for beginners, a trading strategy may be a failure.

It is better to search for the idea of how crypto works, whitepapet, reoad map, devolpers and how different it is from other cryptos these indicators are what make the currency hold up for a long time and thus achieve reasonable profits instead of venturing in currencies that may collapse to zero.