read.cash Log in
@michaelbadass more from that month

My Portfolio is Awesome, and this is how I Automate it...

First of all, shout out to Marius Kramer on Quora as this portfolio is loosely based on his 'picks' / analysis / opinion. https://www.quora.com/profile/Marius-Kramer The rest of the basis is whether I *believe* in the coin. Which sounds lame admittedly, but trust me, that helps when your coin is doing badly! Those who can count will notice it only features 6 coins. Most people suggest the minimum for a good portfolio is 5. I'd love to hold 12 coins but my funds split between 12 coins wouldn't add up to much capital per coin, so here we are... 6 Coins selected from 5'112 (amount of coins listed on Coin Market Cap as of 13 February 2020).

**Auto Re-balancing**

Auto balancing is awesome, and it's great for (trying) to forget about your investment and carrying on with general life. I have set my portfolio to re-balance every 12 hours. Sometimes it won't if the percentages have only changed by half a percent, but usually, something does shuffle around. I can always look up later what was done by reading a report on 3commas. https://3commas.io/?c=tc31170   Allocation  For the time being, my 6 coins are split equally, meaning they each make up 16.7% of my portfolio. It was more satisfying when I had 5 coins as it would be 20% each but, that's the OCD side of me.

Results Part of the reason I've felt compelled to share this today is I've had the best days returns I can remember as well as a blindingly good month.

11.1% returns in 24 hours is why I got into crypto. And all this has happened while Bitcoin has been trading side-ways. Hello? did anyone yell ALT SEASON?   My other reason for sharing is to sing the praises of the almighty 3commas as this platform allows me to auto-rebalance and does so with relative ease. https://3commas.io/?c=tc31170

Many may notice that I have split Ethereum equally. This is a current strategy, once the market becomes a little more 'hairy' which I believe it soon will I will increase my Ethereum holdings to atleast 35%, splitting the remaining 65% equally amongst the 5 remaining coins.  All this is made exceedingly simple with 3commas. https://3commas.io/?c=tc31170 Another awesome feature of 3commas, for when the market turns very very sour is what I call... https://3commas.io/?c=tc31170 THE KILL SWITCH

3commas enables you to convert all your portfolio to BTC or USDT at the click of a button (for emergencies only I assume) https://3commas.io/?c=tc31170   Thanks for reading and feel free to consume my other articles on daily passive crypto income, mobile mining and my daily crypto routine. https://www.publish0x.com/future-fortified/earn-dollar-10-plus-a-month-browsing-the-web-xedkvw https://www.publish0x.com/future-fortified/gauging-the-crypto-market-sentient-with-mobile-mining-statis-xkzjvp https://www.publish0x.com/future-fortified/my-daily-crypto-routine-xwopdk

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.