I will be creating in-depth videos and threads on FA soon, so follow me if you don't already ๐
9/ - Portfolio -
FA is good for finding new projects that can 100x when the bull market resumes but going all-in on low-caps is not a good idea.
You want a well-balanced portfolio.
Here is what my portfolio will look like deep in a bear market. I break it down further below ๐
10/ - BTC, ETH & Stable -
BTC and ETH are the only safe bets in #crypto imo.
Look at the last bull run n see how few of the popular 2017 alts recovered.
So you want part of your portfolio in BTC, part of it in ETH and the rest in stable.
Remember to stake these for APY.
11/ - High-Cap Alts -
If you feel strongly about a high-cap alt like $AVAX, $SOL or $LUNA recovering you can scale in during a bear market.
But only if you have predetermined buy levels and you shouldn't go heavy until $BTC begins to accumulate.
More on accumulation later.
12/ - Low-Cap Alts -
Low cap alts are where you can get crazy gains. It's tempting to dump a lot of stable into them but it's risky.
Many won't do anything, some will fail or rug and if you researched well, some will give you a 100x or way more.
13/ - Taking Partial Profit -
As the market recovers, you HAVE TO take partial profit.
DON'T GET GREEDY
The only reason I did well in 2021 is because I was taking profit. Here is an example, these arent my exact entries/exits:
14/ - Why Take Profit -
From the img you see I got my initial deposit out of $AXS quickly.
From there I bled profit out of it slowly as it climbed and also as it fell.
I didn't time it perfectly, it was not magic, it was just gradual and consistent profit-taking.
15/ - Using Profit -
Profits are NOT dead money.
You can put it in your stable farms to earn APY. You can use it to buy dips on new alts or the alt you took profit from. You can move it into BTC and ETH.
Taking profit is vital in crypto.
16/ - Accumulation -
People say accumulation is easy to spot and bottoms are easy to pick.
95% of those people are lying or delusional.
It's only easy in hindsight. This is why DCAing makes sense for most but waiting for POSSIBLE accumulation when DCAing is smart.
17/ - DCA -
I DCA in bearish trends but I take profit aggressively on relief rallies like I've done in 2022.
I only have around 20% of my capital in crypto right now.
I won't commit much more than this until we get some accumulation like 2018/2019. Not financial advice, dyor ๐
18/ - Buying Alts -
This is also where I will start to accumulate high-cap alts more aggressively and low-cap alts for the first time.
Don't go all in, I only commit a small % of my portfolio.
If alts do a 10x or 100x that small 20% of your portfolio will make you a lot anyway.
19/ - Patience -
You're going to need patience and conviction that the market will turn around.
This is a huge psychological hurdle because price might go down or sideways for months.
If you believe the bull market will be back, HODL! Again #NFA, this is just my opinion.
20/ - Stay Active -
You need to keep your finger on the pulse of crypto.
If you step away because the market is boring you won't be involved enough to find good projects or spot the next big trend.
This is my ULTIMATE guide to managing a #crypto portfolio.
Here I show you EXACTLY how I manage my portfolio. Including how I manage my #alts, my #hodl bags and what I do when I want to go full degen and ape into shitcoins.
Like n retweet if you found this useful!
๐งต๐
1/ -- PORTFOLIO SPLIT ---
I split my portfolio into three sub-portfolios
HODL (40%) - I don't touch this much other than to DCA.
Trading (55%) - Where I take most positions I share on CT.
Ape (5%) - More on this later.
2/ -- HODL ---
My HODL portfolio is simple. It currently holds $BTC, $ETH, $SOL, $LUNA n $LTC.
I've taken profit aggressively on SOL and LUNA though.
Even though this is a HODL portfolio I occasionally TP everything that isn't BTC or ETH.
Here are 30 or so #crypto tiips, divided into categories for your reading pleasure.
๐งต๐
1/ -- MANAGING MONEY --
- When you're up 100% take your seed investment out.
- Stake stable for APY. Your money should always be working for you.
- Split your portfolio up between HODL cryptos like $BTC n $ETH and medium/high risk plays.
2/ -- FOMO & GREED --
- Never chase big green candles, wait for a retrace.
- Get used to missing out, you can't catch every move.
- Get used to losing, you can't always be right.
- Cutting losses and moving on is often better than waiting for a bad investment to turn around.
1/ Most people should be investing long term and not trading. Just DCA and #HODL.
But how?
It's actually easy to DCA in #Crypto, here is a guide.
-- PICK YOUR CRYPTOS --
Pick five, I would day $BTC, $ETH, $LUNA, $SOL and $MATIC or a dinasour like $LTC or $ADA
2/ -- SPLIT --
You need to decide on a split. In my HODL portfolio, I've started focussing on #Bitcoin as my biggest hold. My split is 30% $BTC, 20% $ETH, 20% $LUNA, 20% $SOL and 10% $LTC.
Everyone has their own opinion on what to HODL and what not to and splits. You do you.
3/-- AMOUNT --
Calculate an amount of fiat per month you can contribute to buying crypto. This should be money you can afford to lose. Once you know the amount you can move on to the next step ๐
1/ Finding a 10x project in this bearish #crypto market isn't easy if you don't know what to look for.
Here are a few tips on EXACTLY what I look for when researching a project.
Like and retweet if you find this useful!
2/ -- TEAM --
I always look for a good team with experience and connections. I basically turn into a stalker and find out everything I can about the team. Who are they working with? Who have they worked with in the past? Do they have connections with big exchanges?
3/ -- TEAM cont --
This info is found on google, Twitter, LinkedIn, articles, press releases and sometimes by asking people. A team with exchange connections or who has worked with exchanges can get fast-tracked to exchange listing. Also, a team with experience is always ๐