FAQs Frequently Asked Questions
Crypto Report
At what point do you recommend taking profits from Crypto Currency? Are they best to simply buy-and-hold? How do you trade them? Also do you recommend rebalancing them? If so would you take profit from your best runners and move it into the slower movers for better diversification, or take from the slow movers and go into the fast ones, or just let them all run independently of each other and forget rebalancing?
Portfolio management all depends on one's personal risk tolerance levels. Some prefer to pyramid, others prefer to take profits, others prefer to buy-and-hold. Some may apply all three strategies depending on the crypto.
Members must do their own due diligence to understand the risks in trading cryptocurrencies. You can start by googling keywords such as "trading strategies for cryptocurrencies".
Members must do their own due diligence to understand the risks in trading cryptocurrencies. You can start by googling keywords such as "trading strategies for cryptocurrencies".
First published: | 13 Aug 2020 |
Last updated: | 13 Aug 2020 |