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/biz/ - Business & Finance

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20435966 No.20435966 [Reply] [Original]

Be honest, how am I looking? Do I need to start practicing how to tie a noose?

>> No.20435995

>>20435966
Have you ever done your own reasearch? Are you aware 99% of /biz/ shitcoins shilled over the years are down 90%?

>> No.20436057

>>20435995
I have done my research, Im up almost 60%, which is great for me, never had these type of gains before. Just hoping it can reach 100k one day

>> No.20436132
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20436132

Honest?
Not bad projects but fomo picks, scared of not missing out on anything did same shit back in 2017
>diversification=capital preservation
>concentration=capital accumulation
Thats all you need to know my 2017 portfolio would go over 2mil if i held just link but no i had to fucking deversify in link+9 others and now i have only 200k
You dont have to go allin in one but 8 on sub 20k folio is too much of a spread

There now i let floor to pajeets, get shilled bro

>> No.20436142

>>20435966
That's pretty based but i'd sell the RSR for some exposure to super micro caps like EPIC

>> No.20436177

>>20436132
Appreciate the feedback, it does seem to look like a big spread, I’ll give it a few more weeks and re assess if I need to cull one or two. Ty anon

>> No.20436244

>>20436177
I think it's a decent spread. Mitigates the risk if one project tanks. When you're in just a couple of projects you need to have some TA knowledge to know when to get in and out. You don't want the only project you're holding to be stuck in a downtrend for months.

>> No.20436325
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20436325

>>20436244
>Mitigates the risk if one project tanks
If you can find project thats not coorelated to btc and its not stablecoin this would acually be good advice not meme
There was only 1 on macrowiev last 2 years and its called link

>> No.20436625

>>20435966
"how am i looking!"

poor-tier portfolio of high market cap bullshit.

Sell it all for ARPA anon. consolidate. ALL of it. ARPA. before the MPC bubble. Wait literally 2 years and you WILL make $1M+

>> No.20436632

>>20436325
They're all shitcoins anon. "IF one project tanks" THEY ALL TANK.

Diversifying in shitcoins is a meme. Period.

ALL IN ARPA