May 16, 2024

My crypto investment strategy and first results.

Let me start by saying that I consider myself an investor and have decided to diversify my portfolio and invest in crypto money inearly autumn (according to plans, crypto money should not exceed 5% of the total portfolio. At the moment, the share is around 3%).

The question arose before me, how to act?Which coins to buy and in what proportion? In the beginning, I bought Bitcoin, Ether, dogecoin and Cardano in equal shares (the latter was 4th in terms of capitalization at the time of purchase). If I may say so, I bought blue chips in crypto money. About a month later, everything except Cardano grew and I sold profitable coins with a yield of 25-40% and averaged everything in Cardano (I still sit in the red by about 5%).

Since mid-October I have replenished my balance and decidedtake a different path. I use Binance and there in the trading section there is a “recent listing” tab or something like that and I decided to buy 10-15 coins from this list in equal small shares (I am well aware that half of them, if not more, in the end bankrupt). I tried to figure out what these coins were, but quickly realized that I didn’t understand anything about it. It is possible to figure it out if you are a programmer or your professional activity comes into contact with blockchain technologies, etc.

For example, here is a description of the RADICLE coin:which has generated a 74% return to date: “Developed on peer-to-peer networks, it offers a new space for bazaar-style development. Login systems are replaced by public key cryptography, hosted issue trackers are replaced by local peer replication, and the idea of ​​a single canonical upstream is replaced by the peer-to-peer model familiar to open source software hackers in the '90s and early 2000s—a principle that updated with a new protocol for open and trusted peer-to-peer collaboration, according to the developers." If you understand what is written in this description, I give you a standing ovation.

At the moment, it turns out the following:

  1. Purchased 8 coins from the "recent listing" list.
  2. Best result + 74.1% to date.
  3. Worst result -41% to date.
  4. 2 coins - one at minus 25%, the second at + 25%.
  5. The rest are in the range from -2% to + 2%.

 

At the moment, there are topical questions to which, perhaps, smartlab specialists will help find answers:

  1. At what rate of return should the profit be fixed in the end?
  2. Should you average losing positions? Bai ze dip?
  3. Should the profit be shifted to unprofitable positions?
  4. Should the profit be transferred to the main coins (Ether, Bitcoin)?
  5. Should we cut moose into unprofitable positions or believe that they will soon be in space?

 

 

If it is interesting, I can publish the results in the form of tables and graphs.