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RE: VLOG 001 : My 2018 Crypto Investment Strategy

in #bitcoin7 years ago (edited)

I've got a millions of reasons why you're strategy sucks.
But I will point out the major 2:

1) Diversification


Diversification is a key concept in asset management and specially in the financial markets. Basically, let's you take advantadge of volatility (and in alts is very high!)

2) Risk Management


Buying large amounts of a certain coin at a particular time is a huge mistake. Pick a money management system (antimartingale or antimartingale depending on when you increase your sizing position) and follow it. I suggest anti martingale money management. In trend assets, works great and allows exponential growth of the returns.

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I totally agree, being diversified is key! I'm invested in about 30-40 other coins, I'm just bulking up on two main ones this year. I probably should have stated that in this video, my fault. I really believe in the two coins that I picked, and I think they'll provide a lot of value in the future. I cant wait to see what the future holds, but I've very excited!