Imagine this: your portfolio is not just a collection of crypto coins, but a real business. A store, supermarket or even a wholesale warehouse (if you feel like a whale😀).
I'll explain it with my fingers.
Having allocated a certain amount to invest in crypto, imagine that you have opened a store. Next, your task is to fill it with goods. But first you need to decide on a niche: will it be a clothing store, a grocery store, a supermarket, or maybe something else. Next, you should choose a product, assess supply and demand, find suppliers, decide on brands and prices. Purchasing goods at a favorable price requires choosing the right time and volume of purchases, because this affects the price and many other factors.
Selling is everything.
Your briefcase is the same store, but instead of goods there are crypto coins. Their choice must be taken seriously, observing the same principles. Decide on a niche and assortment based on your deposit, and distribute it correctly. In crypt, as in any business, there are different groups of goods: exchange tokens, NFTs, blockchain coins, exchangers, wallets, gaming projects, meme coins, financial tokens and many others.
The main thing is to correctly distribute the starting capital.
The percentage is important! For example, with a deposit of $100,000, it is stupid to purchase only Bitcoin. Even more stupid is to put everything into some kind of shield. You need to select projects, distribute the deposit, leave a percentage for additional purchases in case of drawdown. If the deposit allows, allocate a small percentage for speculation and an even smaller percentage for shields that can shoot.
Price important, but not so critical.
Buy in a bear market, sell in a bull market - this is the basic rule. Locally: buy on fear, sell on greed (and not vice versa).
Selling is an art.
My audience is holders (I hope so), and not casinos playing on futures. You need to sell at a profit. In the commodity business, no one sells goods at -50% of cost due to a temporary lack of demand. Thanks to diversification, we have not one coin, but several, and at different times different coins will be in demand.
Benefits of crypto.
Unlike a store, where the price of an item is fixed after payment, in crypto we can buy additional coins if they are not in demand, thereby reducing the average purchase price. Store owners are forced to spend time and money on marketing and promotion, and our development teams and coin investors are responsible for this. We can only wait for the right time to sell.
So, the main conclusion:
When you start investing in crypto, treat your portfolio like a business, not like a sports bet or roulette bet. Approach everything wisely. Don’t try to guess right once, investing everything in one project, but achieve systematic profits over the long haul.
🚀 Let your portfolio work for you, and not the other way around!