Rebalance your #Portfolio:
Make sure you hold;
- $BTC (Bitcoin)
- $ETH (Ethereum)
- #Stablecoins
You may ask yourself, why the hell would I hold stablecoins when they cannot go up in value?
Well, first of all, Stablecoins are the least volatile assets.
Second of all, always keep some dry powder on the side to be ready to acquire any dips or buy new and interesting projects.
But the most important reason is to stay safe during a potential sudden crypto crash.
Crypto is super volatile. Therefore, actively rebalancing your portfolio is vital to ensure that you aren’t over exposed.
#Altcoins can easily go to 0, while established assets like Bitcoin and Ethereum are less likely to…
How often do you rebalance your portfolio?
This totally depends on the state of the #markets . Sometimes it’s daily, sometimes it’s weekly.
The most important thing, however, is to stay true to 2 rules:
- Never keep 5%+ in a SINGLE Altcoin
- Always have around 10-15% in stablecoins
If your investment goes to 0, it’s only going to be a tiny part of your portfolio. At the same time, if the investment ends up going 50x or 100x, you’ll be happy to harvest the #rewards!
That’s why, you don’t ever allocate more than 5% of your portfolio in any altcoins.