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2021-02-10 11:45 28341114 Anonymous (HelpMe.png 864x950 102kB)
I'm retardedly overdiversified. I'm making good gains but I can tell I'm doing this wrong.
Please help me.
1 min later 28341271 Anonymous
>>28341114
put everything into AVAX, GRT and LINK
win
4 min later 28341538 Anonymous
>>28341114
holy shit dude, this aint pokemon
5 min later 28341597 Anonymous
>>28341114
BTC/LINK/ETH Is the trinity
5 min later 28341624 Anonymous
>>28341114
Based af
6 min later 28341665 Anonymous
>>28341114
GOTTA CATCH EM ALL
6 min later 28341683 Anonymous
>>28341114
Kek you got a crypto ETF there anon
6 min later 28341691 Anonymous
>>28341114
Now show your MCDC and HOGE balances
6 min later 28341723 Anonymous
>>28341114
jesus christ anon
just 90% in link and the rest in two random defi projects and call it a day
7 min later 28341762 Anonymous
>>28341538
kek
7 min later 28341765 Anonymous
>>28341114
>no IOTA
overdiversification isn't your only issue, dude
7 min later 28341767 Anonymous
>>28341114
did you start with 2k link and then diversify? thats what I did, except into grt and RBC.
7 min later 28341786 Anonymous
>>28341114
Cryptomon
7 min later 28341792 Anonymous
>>28341114
do you just buy ever coin that gets shilled on /biz/?
7 min later 28341826 Anonymous
>>28341538
>>28341683
lmao
8 min later 28341837 Anonymous (1604506903173.jpg 740x707 74kB)
>>28341114
Is this new meta?
8 min later 28341846 Anonymous
This guy fucks
8 min later 28341865 Anonymous
how many hours a day do you spend on managing your 50k networth crypto, be honest op.. cause if its more than 6 hours a day like I suspect it is with a shitcoin list that long, then holy fuck im lmaoing at your life
9 min later 28341985 Anonymous
YO KNOW IT'S DESTINY
POKEMON
OO YOU'RE MY BEST FRIEND
10 min later 28342007 Anonymous (.jpg 640x480 37kB)
>>28341538
kek, good one.
10 min later 28342012 Anonymous
>>28341114
Consolidate $3000 from shitcoins and put into ALGO. It's ~$1 right now and will be at least $3 by the end of the 3rd quarter of the year
10 min later 28342025 Anonymous
>>28341114
Based.
If a shitcoin that you put 500 bucks in goes 100x then you have $50000
Then you can put 500 in 500 other shitcoins and do it all over again
10 min later 28342034 Anonymous
>>28341114
Based $WORLD holder, $10eoy :)
10 min later 28342041 Anonymous
>>28341114
>$51k
>+$193 in 24 hours
Jesus
11 min later 28342156 Anonymous (1608462285333375166.jpg 2033x2927 652kB)
>>28341865
What the fuck does 'managing your 50k networth crypto' even mean you retard?
You buy coins every two weeks and you hold them in your wallet, what the fuck is there to manage?
12 min later 28342211 Anonymous
>>28341114
How can you only make +$193 in a day with 50k? Holy fuck what is this
13 min later 28342291 Anonymous
>>28341538
Gotta have them all.
13 min later 28342314 Anonymous
Nice portfolio, anon. It will realistically cost you about $20,000 in fees to consolidate.
13 min later 28342342 Anonymous
>>28342025
Nice math, brainlet
14 min later 28342390 Anonymous
>>28342041
What's your point? That's 145% a year
14 min later 28342400 Anonymous (1611555002968.jpg 225x225 7kB)
>>28341114
LMAOOO
WTF IS THIS
>50k
>more than 2-3 coins
ngmi
14 min later 28342412 Anonymous
>>28341114
Just hold and dont look back until 5 years from now
16 min later 28342606 Anonymous
Just pick 1 big coin (BTC, ETH) and 2 shitcoins (maybe ADA and LINK? Doesn't really matter) and go 70/15/15.
17 min later 28342668 Anonymous
>>28341114
Well at least you can enjoy every thread and not feel like you're missing out ever
Comfy, just sort in alphabetically for my autism
18 min later 28342795 Anonymous
ALGO/LINK/XLM/XRP/ETH/BTC
50/20/10/10/5/5=100%
19 min later 28342869 Anonymous
>>28341114
Shitt. Now i want to do that too.. this seems fun
20 min later 28342987 Anonymous
>>28342314
this kek, op is literally locked out of his tokens
22 min later 28343110 Anonymous
shit like tron and no hoge? kek ngmi
22 min later 28343115 Anonymous
>>28341723
This all came from LINK profits from years ago. I'm glad I sold half and diversified, because I've made way more than just hodling LINK
23 min later 28343198 Anonymous (image_4.jpg 1136x640 88kB)
24 min later 28343254 Anonymous
>>28341538
Gotta hodl them all
25 min later 28343323 Anonymous
>>28341114
>All those tokens
>Still missed AVAX
What you did wrong is not doing enough
research.
25 min later 28343349 Anonymous
>>28341114
here keep only the ones in this list
ETH -
ada -
xlm -
avee-
DOT +
xrP ++
link +
LTO +
BCH ++
DASH ++
grt +
BAT +
ALGO +
EOS ++
BTC +
ZCASH++
25 min later 28343362 Anonymous
>>28341114
absolutely based
fuck what biz says, you're gonna make it
27 min later 28343518 Anonymous (1611358420119.gif 360x270 1273kB)
>>28341597
Change LINK for DOT and we're ok
27 min later 28343542 Anonymous
>>28341114
I'm laughing mate and I don't believe you're real. Post a pic of your bedroom I got to see how you live
28 min later 28343555 Cryptos (1611908735812.png 2544x1426 1422kB)
>>28341114
28 min later 28343577 Anonymous
>>28341114
Consolidate everything except LINK, ETH, and LTC into RSR and you are gonna be rich.
28 min later 28343635 Anonymous
>>28341538
lol
29 min later 28343647 Anonymous
what a fren
you'll probably make bank
29 min later 28343695 Anonymous
>>28342987
Can't he just convert them back to BTC?
30 min later 28343719 Anonymous
>>28341114
Don't listen to anyone's advice, if you're doing well you might as well continue. I never understood what the fuck is wrong with aggressive diversification. I'd your shit goes up it goes up if it goes down it goes down. If you're all in link and it goes down you would have been better off with holding a portfolio with even size stack of all coins in the top 500
30 min later 28343782 Anonymous
>>28341767
I held too long after denying last cycle's crash and consolidated into like 1k LINK.
>>28341792
Clearly. I buy, hold until it doubles, sell half and let it ride.
>>28341865
Not a lot, I don't trade really. But I "work from home" and I find crypto to be a great diversion from the things to annoy me in the world.
>>28342034
You're smart. Any other under-the-radar tips?
>>28342211
There was a crash last night. A week ago this was 40k.
>>28342314
OOPS
>>28343110
the TRON is from last cycle. Goddamn TRON
31 min later 28343821 Anonymous
>>28341114
This hurts to look at
31 min later 28343869 Anonymous
>>28341597
Avax or die
32 min later 28343893 Anonymous
>>28343719
I can't see the problem with diversification either. I understand you make less gains but you also have more chances of making bank?
34 min later 28344079 Anonymous (Screenshot_20210211-001719~2.jpg 1440x1666 126kB)
>>28341114
You are doing it wrong i have 39 shitcoins but mostly parachains and some cryptocurrencies. Stay away from farming shit
34 min later 28344089 Anonymous
40% BTC / 20% ETH / 10% LINK AVAX DPI ADA
35 min later 28344145 Anonymous
>>28341865
Better than being a wagie
35 min later 28344202 Anonymous
>>28341114
one of these has got to make it right boys? boys?
36 min later 28344240 Anonymous (room.png 653x490 153kB)
>>28343542
My study, where I "work" 9 to 5. The bedroom is orderly because my wife is orderly
37 min later 28344325 Anonymous
>>28344240
No windows?
41 min later 28344661 Anonymous (1.jpg 1300x975 120kB)
>>28344325
2
Huh. Now seeing this room and my portfolio I'm starting to wonder if maybe theres something wrong with me.
43 min later 28344789 Anonymous
>>28343349
Hands down one of the most retarded folios I have ever seen. Only beat by OP.
44 min later 28344913 Anonymous
>>28341538
zoomers out holy fuck what is this
50 min later 28345426 Anonymous (1575220395433.jpg 9500x5910 3903kB)
>>28341538
L o fucking L
53 min later 28345686 Anonymous (1609204323831.jpg 1024x928 67kB)
HAHAHAHAHAHAHAHA THIS IS THE PEAK /BIZ/FOLIO HAHAHAHAHA
54 min later 28345816 Anonymous (1586823219488.jpg 704x838 104kB)
>>28341114
Looks like mine
56 min later 28345929 Anonymous
>>28341114
>Only $1.20 of GRT
HAAHHAHAHAAHHAAHAHAHAHAHAHAHAHAHAHA HA
57 min later 28346057 Anonymous
>>28345929
You are even more retarded than I am.
57 min later 28346061 Anonymous
boy u done solved crypto !!
58 min later 28346106 Anonymous
>>28341114
diversification is fine but jesus cut it down by half
58 min later 28346184 Anonymous (8BA254CD-8CB4-45E6-8437-1BE9D301A611.jpg 673x609 91kB)
>>28341114
All those shitcoins and not a single BSV. NGMI
59 min later 28346234 Anonymous
>>28341538
Audibly keked
59 min later 28346241 Anonymous (1611956807673_1611956706291_1609804729355(1).jpg 1190x882 128kB)
Speculation is for retards. Invest in utility... use this chart + avax.
59 min later 28346257 Anonymous
>>28341114
whatever you do please dont sell your PNK.
you could tank the market 20% with a market sell.
59 min later 28346267 Anonymous
>>28341114
>has 50k
>doesn’t own 1k links
You’re ngmi
59 min later 28346291 Anonymous
>>28341114
This is incredibly based. I did something similar when I got started albeit not to the God tier you did. Since then I try to pick 2-3 in my folio that I want to focus on each month and build them up.
1 hours later 28346325 Anonymous
>>28341114
When one of your cryptos moon, sell and put the profits in another one
Repeat the process and consolidate into 6 max
1 hours later 28346377 Anonymous
>>28341114
Holy fuck this portfolio would stress me the fuck out.
1 hours later 28346405 Anonymous
>>28342025
500x100 = 500x500
1 hours later 28346427 Anonymous (8EF099B2-768B-4BA2-877C-1EE0D4BA7B8E.gif 400x225 518kB)
> tfw this is easily the best thread I’ve seen on here in the last week
1 hours later 28346599 Anonymous (09F85258-EEAA-4F25-B81E-5E107967251C.jpg 480x953 128kB)
>>28342314
Actually kekd. OP how the fuck did you do this
1 hours later 28346610 Anonymous
>>28346325
Thank you for the practical advice.
1 hours later 28346739 Anonymous
>>28341114
This is amazing op but you should add Bonded Finance to your collection. Perfect time to buy now too
1 hours later 28346771 Anonymous (AF3DE90E-C798-44B7-A01C-DF8CC38230BB.jpg 1188x2208 198kB)
>>28344240
Is this where you keep the gym manlets?
1 hours later 28346813 Anonymous
>>28341114
take your meds
1 hours later 28346879 Anonymous
>>28341114
when you're ready to consolidate, you're going to have a really bad time with fees. You're going to have an even worse time if it keeps increasing over the year.
1 hours later 28346928 Anonymous
>>28341597
This. You may want to wait on eth gas costs to go down though, unless they are already on an exchange
1 hours later 28346985 Anonymous
>>28341114
> infinite monkey theorem
1 hours later 28347022 Anonymous
>>28341538
spat my coffee out. kek.
1 hours later 28347279 Anonymous (SmartSelect_20210203190750_Autodesk_SketchBook.jpg 1314x831 249kB)
>>28341114
-What coit do you want to buy?
-yes
1 hours later 28347371 Anonymous
can't make this shit up. Real answer: convert it all into 1 bitcoin.
1 hours later 28347486 Anonymous
People don't like to diversify on /biz/ because they're obsessed with 10x'ing their folio every 2 weeks or going broke trying. I'm going to give you some hope.
People don't realize you can get exponential returns with even the most extreme diversification. But this depends on two things:
1. Your picks aren't scams that go to 0 (and don't lose a good amount of their value)
2. Some of your picks actually moon
The second one is trivial especially if you're attempting to avoid the scams as required by the first one. But assuming you keep your losses to a minimum, you just have to redistribute the coins that moon into the ones that don't. That ensures that a very small portion of your entire folio will experience extreme exponential returns.
For example, pick 10 coins, assume 5 of them 5x and 5 of them don't change in value. Starting with 10k, 1k each, if you completely sell off a coin after the 5x and distribute the holdings into the rest each time, and assuming the pumps don't overlap timewise, so you have time to redistribute, your folio by the end of the five 5xes will be worth about 80k. Note a lot of your portfolio experienced no gains, so the fact that you still managed 80k off your original 10 is fantastic. During the real alt season this will be very easy, especially with your picks because they're a lot of top 100 coins that aren't scams are will moon in some capacity.
The only thing you have to be careful of is fees, especially with how high they are this cycle and especially with the number of coins you have. The more redistribution you have to do the more you'll be paying. And I haven't done any math but can say for sure with the number of coins you are in, you will get raped by fees with this strategy.
Good luck, and may you prosper in every endeavor.
1 hours later 28347676 Anonymous
>>28346879
I don't pay any fees when converting crypto. I guess you're talking about converting inside a wallet?
1 hours later 28347863 Anonymous (adinkras1-768x715.jpg 768x715 160kB)
>>28347486
That's the kind of response that makes sense
Most people were keking against an strategic way of investing that has existed for decades
1 hours later 28347868 Anonymous (83FAC059-EFA6-46B8-9D8B-F62CD2CFF856.jpg 269x199 8kB)
>>28341114
This is literally my portfolio
1 hours later 28347945 Anonymous
>>28341114
Imagine the gas
1 hours later 28348374 Anonymous (gas.png 200x279 29kB)
>>28347945
1 hours later 28348639 Anonymous
>>28341114
Based strategy, just hit one 1000x and yr golden
1 hours later 28348812 Anonymous
Pick 4 jesus fuck, defis and a layer 1
1 hours later 28348892 Anonymous
Damn I thought I was bad. Talk about fomo
1 hours later 28348999 Anonymous
>>28344661
disgusting, messy and poor.
ngmi
1 hours later 28349131 Anonymous
>>28341114
How do you have that many and not have AVAX wtf anon
1 hours later 28349147 Anonymous (1612938048617.jpg 2555x2555 143kB)
>>28343349
Obvious troll
1 hours later 28349185 Anonymous (1547415093356.jpg 480x480 33kB)
>>28341538
pffffffffffffffff kek
1 hours later 28349229 Anonymous
No HOGE. Ngmi
1 hours later 28349277 Anonymous
>>28341114
>MFT
based
1 hours later 28349353 Anonymous (F7DA7E2E-4C89-49CF-9523-CEBA9124A481.gif 220x174 262kB)
>>28341114
Do you understand the point of diversifying your portfolio? It’s to do one of two things: reduce risk (or variance) for the same expected return or increase return for the same risk. How do you calculate risk? The most common way is to calculate the variance of the returns. There’s a number of models out there to do this. And to calculate expected return? That is a similar mathematical exercise. The advice is to dig into the data. You’ve already invested into a bunch of shitcoins. Extract the expected returns and variance from this data over whatever time frame you want. Then, play with various combinations over the total amount you are willing to invest allocated across different coins. Plot out the return vs variance frontiers and make your choice from there but make it in comparison to the variance and expected return of your current portfolio.
1 hours later 28349380 Anonymous
I'd flip 90% of those into BEL
Pick maybe 3-5 shitcoins and stack the rest into them. Othewise your gains will be insignificant and you'll never sell tops, waiting for 100x that don't come. Instead of cashing in on 10x and finding a new 10x.
1 hours later 28349411 Anonymous
half eth, half btc. add liquidity to uniswap
1 hours later 28349689 Anonymous
>>28343695
considering he said he follows /b/ advice, there are probably a fuckton of Uniswap shitcoins on that list and gas has been pretty rapey recently if you've been paying attention
1 hours later 28349741 Anonymous (1612892001288.jpg 1280x1280 91kB)
>>28341114
You need some AVAX and LTO fren
1 hours later 28349749 Anonymous
>>28345929
Your not serious right? Just pretending to be retarded?
1 hours later 28350096 Anonymous
>>28341114
Add MCDC to your collection op
1 hours later 28350172 Anonymous
>>28347371
the gas fees would be over 2 thousand dollarydoos
1 hours later 28350205 Anonymous
>>28343719
totally agree
it's like investing in crypto sectors as a whole, or a personalized crypto index, which is an idea I can get behind
even if both tokens are trying to accomplish the same thing, not sure there's anything unique about investing in both AAPL and MSFT, for comparison
1 hours later 28350416 Anonymous
>>28347486
I agree with this, only issue being maintaining and keeping an eye on so many coins.
With 50k it's too many, because of fees. Buy when you make 3x and it's a 6k trade, they are not as bad.
1 hours later 28350529 Anonymous
>>28341114
I am a recovering poorfag and my logic is that I can't be arsed to pay attention to stupidly small investments, nor to do 2342342 txns if I wanna consolidate positions, do I generally concentrate on 4 or 5 at a time and call it "pile A". When I'm done with a token, or interested but not ready, or ready but waiting on the token, said token goes into "pile B". I check price action only on pile B. I check everything I can find on pile A, all the time, quite neurotically and in lieu of social media.
1 hours later 28350567 Anonymous
>>28349749
>Your not serious
>Your not serious
>Your not serious
>retarded?
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