Re: How to become part of the cryptocurrency revolution… safely [Medium]

#3
CryptoSuccubus wrote:
December 19th, 2017, 6:51 pm
Step 11 — Once you surpass $10,000 you can diversify into other altcoins, while always rebalancing your portfolio

Always wondered what is 'rebalancing' and how to perform it. Can anyone explain in a few sentences, please?

Rebalancing is changing the proportions of the altcoins in your portfolio. For example, you have 80% in BTC and 20% in ETH. After a month of hodling you have noticed that ETH has given more profit, so you rebalance your altfolio to 60% in BTC and 40% in ETH.
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Re: How to become part of the cryptocurrency revolution… safely [Medium]

#4
admin wrote:
December 20th, 2017, 3:01 am
CryptoSuccubus wrote:
December 19th, 2017, 6:51 pm
Step 11 — Once you surpass $10,000 you can diversify into other altcoins, while always rebalancing your portfolio

Always wondered what is 'rebalancing' and how to perform it. Can anyone explain in a few sentences, please?

Rebalancing is changing the proportions of the altcoins in your portfolio. For example, you have 80% in BTC and 20% in ETH. After a month of hodling you have noticed that ETH has given more profit, so you rebalance your altfolio to 60% in BTC and 40% in ETH.

Oh I see, thank you dear 💖
I currently own only BTC. Guess I need to invest in somewhere else too.
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