You have no idea how much I needed this @getonthetrain. I've taken part in the cryptocurrency market for 3 months now, investing in 4 base coins so far. I feel I've not been active enough, still having fear of some coins not being able to make much, and some not surviving a bubble burst in the next few months.. This has been holding me back to go deeper and explore more with the various coins on the market cap. At one moment a speculative coin I haven't invested in shoots up beyond 1000%, yet the base coins I have invested in are going down by atleast 8%. The message in this post is what I've long needed for a long time. This alone is a lot of knowledge to use to create more awareness to people that have no idea about the cryptocurrency market. We can not get worried when the biggest investment is in the base coins that are guaranteed a rise in price however long it takes.. let it be months, years. This is surely worth waiting for. These coins will always continue existing. They have withstood the taste of time, and they are here to stay.
The growth coins at 30%, trading coins at 25%, speculative coins at 5%. This is absolutely a good percentage to share among these. The speculative coins involving the highest of risk taking, but who cares.. They will be carrying the least percentage of your investments. If they score big, that is a very big margin of profits made. If they lose out, you don't have to give a damn, the money invested in them is worth losing.
The first 2 months of this year have seen a number of dips.. lets choose the coins to invest in wisely whenever the market falls in a dip.
Thanks for this great post @getonthetrain. Let me start active trading right now.