You are viewing a single comment's thread:

RE: The Late Leitmotif Post

I'll do my level best to avoid that mistake! Given that select tokens will pump the most, it's always tempting to increase one's exposure to many tokens than just consolidating them into a few. I'm not sure what the right balance it and it's always hard to sell one underperforming token to buy one that's about to pump. I feel that markets are dynamic, the underperforming one could end up performing while the one about to pump may only pump satisfactorily. Sometimes, the hassle of switching around doesn't seem to worth it much.

0.00031887 BEE
1 comments

Sometimes, the hassle of switching around doesn't seem to worth it much.

That's what I discovered in my first cycle. In fact, it would have been better to not move them at all, and I would have ended up better when the market peaked.

Given that select tokens will pump the most, it's always tempting to increase one's exposure to many tokens than just consolidating them into a few.

Personally, I try not to switch from one volatile coin to another at the end of the bull market. At least not to a great degree, maybe here there I make some adjustments. If I sell, I do it mostly for stables, with the plan to buy back into volatile coins/tokens during the bear market.

0.00004056 BEE

Right, I think one is better off developing patience, sell once into stables and wait for other opportunities to buy again during the bears. Rotating during the bull periods tend to give suboptimal gains when not done correctly.

0.00031839 BEE