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/biz/ - Business & Finance

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5996043 No.5996043 [Reply] [Original]

Is it better to have your hand in many pots or to be all in on like two or three coins? I'm holding like 20 coins rn and it feels like the shit is getting out of hand.

>> No.5996208
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5996208

>>5996043
My general rules:
-Never less than $100 in a coin.
-Short of some apocalyptic shift in the markets, never touch my longterm holds.
-Never more than 10 individual coins. A couple like my BNB fee stack don't count.

I generally try to keep my bags between 5 and 8 coins. Unless you're a daytrader whose making a living off of crypto, 20 is far too many to keep track of.

>> No.5996254

I bought around 28k BZC, how fucked am I?

>> No.5996351

If you've made big gains then sell out and consolidate into the few coins that you really believe will last. Solid team, solid vision, tech you understand and would pay to use.
Spread small amount onto the coins that haven't mooned yet

>> No.5996455

What's a good exit strategy?

20% gains? 30%