RE: Crypto pension - added $DOGE.X
(2021-05-17, 02:18 PM)malaguti Wrote: I really should pay more attention as the concept of allocation i've been struggling with in my own funds. although i dont have any crypto positions, im curious to your portfolio weights.
i can undertsand how you have set up your initial weights, however i wonder do you review these weights at all? and how often?
and if you do review, do you do it in the same manner, so if Ripple for example were to begin leading the pack, would you reduce your positions in bitcoin/dogecoin for example to take advantage of its strength?
It's a fairly simple strategy, in that I'm trying to only stick to the major coins for now. Planning to add Cardano into the mix too at some point.
Basically, each month I add funds to the account like contributing to a traditional pension, and depending on which of the coins has had the strongest RS over the prior month, then I'll add the funds to that one.
That's it. So ignoring the technicals. Is purely RS driven.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.