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I made huge gains this year on #solana 
, #polygon & $GALA but i always take profits & manage risk.
If you wish you took profits to buy dips on #cryptocurrency this thread will teach you how i did it.
Please Retweet & tag a friend if you found this thread useful
, #polygon & $GALA but i always take profits & manage risk.If you wish you took profits to buy dips on #cryptocurrency this thread will teach you how i did it.
Please Retweet & tag a friend if you found this thread useful
1/ PORTFOLIO - PT 1
I always aim for the following balance in my portfolio:
-Lower risk #Bitcoin
= 40%
-Mid-low risk #Ethereum & #Solana = 20%
-Mid-low risk #Polygon = 5%
-High risk number of smaller #altcoins = 15%
I always aim for the following balance in my portfolio:
-Lower risk #Bitcoin
= 40%-Mid-low risk #Ethereum & #Solana
= 20%-Mid-low risk #Polygon = 5%
-High risk number of smaller #altcoins = 15%
2/ PORTFOLIO - PT 2
Some will have a riskier portfolio with larger allocations to #metaverse or #NFT plays.
BUT i will never forget that 90% of #altcoins went to zero last bull run. So i always like to layer into #bitcoin #ETH
Some will have a riskier portfolio with larger allocations to #metaverse or #NFT plays.
BUT i will never forget that 90% of #altcoins went to zero last bull run. So i always like to layer into #bitcoin
#ETH
3/ PORTFOLIO - PT 3
I am super bullish on #solana & #polygon thats why i hold bigger percentages of them too:
- #solana is a bet against #ETH if they don't sort out high fees & low speed.
-If #ETH makes it will be via #polygon IMO. They are buying up & dominating Layer2s.
I am super bullish on #solana
& #polygon thats why i hold bigger percentages of them too:- #solana
is a bet against #ETH if they don't sort out high fees & low speed.-If #ETH makes it will be via #polygon IMO. They are buying up & dominating Layer2s.
4/ RISKY ALTS - PT 1
The remaining 15% of my portfolio is for smaller/riskier ALTS. I made my biggest gains this year on plays like $GALA & $SAND. However i ALWAYS de-risk & take profits along the way with these.
The remaining 15% of my portfolio is for smaller/riskier ALTS. I made my biggest gains this year on plays like $GALA & $SAND. However i ALWAYS de-risk & take profits along the way with these.
5/ RISKY ALTS - PT 2
IMO #metaverse & #gaming are overheated at the moment.
Eg $GALA & $SAND have about ⅓ of the marketcap of #steam with only a fraction of the userbase or revenue. I will buy more, but when they are cheaper.
IMO #metaverse & #gaming are overheated at the moment.
Eg $GALA & $SAND have about ⅓ of the marketcap of #steam with only a fraction of the userbase or revenue. I will buy more, but when they are cheaper.
6/ TAKING PROFITS - PT 1
I stillI hold decent bags of $SAND & $GALA. But i always shaved off profits & flipped into #btc #eth #solana etc
This mean i didn't get hurt too bad on recent pull backs.
I stillI hold decent bags of $SAND & $GALA. But i always shaved off profits & flipped into #btc
#eth #solana etcThis mean i didn't get hurt too bad on recent pull backs.
7/ TAKING PROFITS - PT 2
But how did i take profits and when?
In truth it took me a long time & lot of experimenting to find the best balance.
But over the next few points i'll show you my thinking.
Overall its about balancing risk VS compounding gains.
But how did i take profits and when?
In truth it took me a long time & lot of experimenting to find the best balance.
But over the next few points i'll show you my thinking.
Overall its about balancing risk VS compounding gains.
8/ TAKING PROFITS - PT 3
I first experimented with taking out 50% profit for every 200% gain (ie x2) but:
-there was never enough left in a project to really compound & make BIG GAINS
-the $3000 total profit i might receive really wasn't worth the risk.
I first experimented with taking out 50% profit for every 200% gain (ie x2) but:
-there was never enough left in a project to really compound & make BIG GAINS
-the $3000 total profit i might receive really wasn't worth the risk.
9/ TAKING PROFITS - PT 4
I then tried taking out 20% profit every 2x. Again problems:
-My total accumulated profits where now lower than before
-I needed a massive x32 or more to see big profits (this rarely happens).
I then tried taking out 20% profit every 2x. Again problems:
-My total accumulated profits where now lower than before
-I needed a massive x32 or more to see big profits (this rarely happens).
10 - TAKING PROFITS - PT 5
I discovered my ideal ratio was taking 20% profits every 50%+ gain:
-This ensured enough was left in a project for a big compound effect.
-A 4-6x for example could still deliver a solid accumulated profit + have a decent amount left in.
I discovered my ideal ratio was taking 20% profits every 50%+ gain:
-This ensured enough was left in a project for a big compound effect.
-A 4-6x for example could still deliver a solid accumulated profit + have a decent amount left in.
11 - TAKING PROFITS - PT 6
The above ratio also gave me a greater probability of success.
Because a 4x-6x still gave healthy returns i didn't have to bet on an almost impossible x16
The above ratio also gave me a greater probability of success.
Because a 4x-6x still gave healthy returns i didn't have to bet on an almost impossible x16
11 - TAKING PROFITS - PT 7
Once i take profits from a project i would then place it into a stablecoin and wait for the optimal time to DCA into #bitcoin or other blue chips.
Thread below shows the indicators i use https://twitter.com/Willbrandblock/status/1470045046607077381
Once i take profits from a project i would then place it into a stablecoin and wait for the optimal time to DCA into #bitcoin
or other blue chips. Thread below shows the indicators i use
https://twitter.com/Willbrandblock/status/1470045046607077381
12 - THANKYOU
Thank you for reading.
It take me a long time to do these & if you find them useful i do really appreciate a little retweet and tagging a friend, to spread the word.
It only takes a few seconds, but keeps me motivated
Thank you
Thank you for reading.
It take me a long time to do these & if you find them useful i do really appreciate a little retweet and tagging a friend, to spread the word.
It only takes a few seconds, but keeps me motivated
Thank you
13 - OTHER PEOPLE WORTH FOLLOWING:
@TechDev_52
@TheRealPlanC
@Eunicedwong
@futrii
@CryptopepperP
@blockchainedbb
@TechDev_52
@TheRealPlanC
@Eunicedwong
@futrii
@CryptopepperP
@blockchainedbb
14 - OTHER #CRYPTO threads
All my other threads can be found here: https://twitter.com/Willbrandblock/status/1471186673694351360
All my other threads can be found here: https://twitter.com/Willbrandblock/status/1471186673694351360
