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The Crypto portfolio has been performing phenomenal since inception in 2020. Top gainers apart from the obvious ones (BTC and ETH) are:

- DOT 87%

- RSR 74%

- THETA 109%

- ZIL37%

These are all great projects and have big upside potential in 2021 but I have to say recently I hear a lot of hype specifically on LINK, DOT, ADA, ZIL and ETH. 

Key mistakes to avoid: 

1) Don't mirror exactly the distribution I have. Look at the charts and see which ones are at good discount price. For example THETA is a no no for buying right now. The coin is at a very high price and tends to experience a log of volatility so is wise to wait or set an order at a lower price. If you mirror the distribution then make sure you invest little and average down when there are dips. 10% to even 40% are very common and I use them as buying opportunities specially if they happen during news and appear as "overreaction sellers".

2) Don't buy with hype. Don't fall in love with a single coin and buy a lot in a single position. Buy a little, set alerts for dips and buy more. Or even better set a DCA bot to do it for you and be patient!!! Let's say I have  a 10K USD total capital and want to buy ETH for the first time, I would probably test with 200 USD. There's no rush. Patient is the key to have a healthy portfolio. Rush is the key to end up with a huge bleeding bag, get stressed, no sleep, panic sell. We don't want that.






Comments

thetradingparrot

Question, are you interested to hear an alert when I add more to any of these holdings?

Anonymous

Very nice I'm formation cheers. Especially for a newbie. Still trying to get my head around, but I'm getting. And yes would be interested in an alert when you add to those holdings. Cheers

thetradingparrot

Thanks Russ, I'll start providing updates about new holding positions in the VIP discord channel. I sent a message this morning on how to gain access to that, don't hesitate if you have any questions :)

Anonymous

I would be greatful if you can provide alerts about yiur portfolio updates.

Anonymous

Yes, please update us when you make changes.

Anonymous

Would you be willing to share this spreadsheet so it can be copied? I'm trying to build out my own spreadsheet to track stock and crypto portfolio, but I suck at the graph creation process. WOuld you share?

Anonymous

i would be interesting in know more for a simple DCA bot to buy in