Like many of you, I regard BTC and ETH to be safe bets and stake as much of these two assets whenever I can, as much as I can. Because I believe in their long term potential and know that my skin is in the game for the long haul, my mind works on autopilot for them. Come payday and I will DCA automatically into them. No questions asked. No second guessing myself.
However, I hope to earn some easy bucks at the same time. So I have another bag of altcoins that I think should be able to appreciate in value one day. So, even though these altcoins comprise less of my portfolio than BTC-ETH combined, I find that they require more of my cognitive effort and emotional energy. Although I rationally know that I should zoom out during dumps and trust that these altcoins might revert to their ATH prices (or even beyond) eventually, I realise that I may be a bit too naive and idealistic in placing such blind faith. So my question is: how often do you review your portfolio and make those executive decisions to update the composition? When would you tell yourself that enough is enough and sell your worst-performing crypto, even if it is at a loss? Or are you the sort to just stop throwing money into your shitcoins but still HODL them regardless?
Do you take concrete steps to adjust your DCA plan and increase/decrease the percentage composition of your coins, even to the extent of dropping the dead weight?
originally posted on r/cryptocurrency
