One of my loyal followers asked me for advice on his portfolio.
His situation:
- $33k portfolio
- 25 projects
- Some from this cycle, some from last cycle
- Some in profit, some in loss
My Advice is short and simple to understand, but it is harder to execute because the stories in your head will tell you you will miss gains if you sell now.
You have to look at the best opportunities to deploy your capital and don't overdiversify.
My advice:
1. Invest in max 7 coins;
2. Invest in 2 mid to high caps and the rest in low caps;
3. Focus on projects from this cycle, lose the old projects.
The R/R will be higher, but more importantly better. Yes, a little more risk but way more reward potential.