Hi guys so I started this weekly thing of cryptofolio we are now on the second week check out my first post: https://steemit.com/cryptocurrency/@markmemark/cryptofolio-by-mark-s-jan-9-2018
So Crypto Market went down significantly in the past days what to do when you see these kinds of drop? get out of hype coins and stick to the top coins to secure your portfolio here what mine looks at the moment
Current:
Bitcoin
EOS
Ethereum
NEO
GAS
Sold my IOTA DASH BCH before they crashed feeling lucky, got some tips from telegram groups, now we see market recovering from it, this is not the first time also around this time last year we had a little crash as well.
By holding there five coins I minimize the loss most of investors is down 20-25% of their portfolio while mine is just around down 10% whenever theres a crash the safest thing to do is secure you funds by turning to BTC and buying more using your buffer fund.
This is a very good entry point everyone wants to buy at low and sell at high right? its a very good opportunity to buy at low now these are the coins I bought yesterday:
EOS *hodl gain today (14.79%)
STELLAR *gain today (28.40%)
CND *buy/sell gain today (57.79%)
TRN *buy/sell gain today (79.07%)
looking to sell XLM CND TRN in a couple of days.
Also for traders its a must to have cash buffer for events like this, if your porfolio down? use this buffer to buy on dips to have a better price average on your coins.
Cycles come and go but the advancement of technology keeps on moving forward great projects coming this 2018 if you notice I am buying a lot of EOS and ETH because I believe in the project, I still remember buying Ethereum at $11 because I believe in the technology.
If you are truly an investor and you are convinced that blockchain technology will change the world dips like this will not shake you because as we know same happened before remember the internet bubble? coins will come and go but the coin that has the best tech will survive!
Let me know what you think guys! Do you have suggestions? Please please! Leave a comment below guys!
Exchanges I use? Where to buy coins/tokens?
http://bit.ly/TradeCryptosNow
http://bit.ly/TradeCryptosNow1
http://bit.ly/TradeCryptosNow2