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RE: A Strategic Cryptocurrency Portfolio - The 70% Core / 30% Play Money Approach
Thanks! So, in case you are not recovering the investment, do you step out from that coin as well?
Thanks! So, in case you are not recovering the investment, do you step out from that coin as well?
Good one, should have added that to my reply ;-)
At the evaluation moment I will look at the coins future again and go through the same decision making process as before. I decide to keep it when I think it will outperform my core segment. For instance, sometimes some functionalities have a delayed release. My evaluation moment was around the initial release timing, but since it has been moved I force myself to think about it again. In the end I don't look at whether I need to sell for less or more than my initial investment. Sunk costs...