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RE: Weekend rant: Total market cap is $826 and rising. Will we reach the $1 trillion mark this week?
Wow man. I really prefer to stick to 4-5 coins max. Don't want to stretch myself too thin in a market that moves so fast.
Yeah..I get that. It's a lot to try and stay focused on, but right now that's pretty much all I'm doing 24/7. I have my tactics and plan that I stick too, and I will try to adapt when things change. I think you're missing out on so much fun with so few coins in this new market. And potentially a lot of profit.
We dont know which coins will survive..and if you only have 4-5..yeah..if they are good coins some of them could survive, but theres also a risk they will be wiped out. Diversifing within a industry is clever imo. I mean..thats why I only own robotics and automation and tech ETF's in the stock market. In cryptos, I am sort of running my own personl ETF fund.
You're right about that. I have a few bets of some up and comers, but I try to stick to established coins for the most part. If it weren't so regulated, you could have people buy into your "ETF" for lack of a better term. Too bad the feds only want the largest most centralized and corrupt companies doing this.