~
thats a lot of coins in your portofolio my friend, i think its better for you to reduce it
and focus only in bitcoin, ethereum, BNB, ADA and polkadot
so, you can easily control your portofolio mate
It's true that the opening post chooses too many coins for investment, in my opinion, this is not good. because later it becomes unfocused
and can result in missing the right time for taking profit. And also this will only waste a lot of time analyzing the price movements of lots of coins.
It is better if the opening post reduces the number of coins it has, maybe 3-5 coins is enough. A good choice for investment is of course
the coins that are included in the top 10 cryptos.
- Indeed, too much division would be ineffective in terms of both profitability and risk control, it is difficult for us to know almost all of the information with such a portfolio. Cutting options will create preconditions to optimize more profits, management is also more closely, the top coin will have a relatively small growth rate compared to new projects, so we are forced to allocate more capital here while altcoins outside of this range will have more advantages for growth, a little capital in them is enough, too much just adds risk since they are not a priority demand.
Because the human brain's ability is very limited, it can't control too many things. So by adjusting the budget that we have and also the time
available. We will invest in some coins that we are able to monitor at any time, not because we really want a large profit. So without thinking,
by investing in lots of coins, maybe we have the hassle of monitoring the price movements of the coins we have bought. Because investing
in a few coins doesn't mean we won't get a big profit, if we manage to choose the right 3 coins, it could be that the coins are pumped very high.