BIGGEST Mistake In Crypto – Portfolio Update

By | February 10, 2023

Foreign Today we're going to be taking a look at Our portfolio which is down about 10 uh Over the last week maybe not quite that Much but it is not doing great why we Just had Bitcoin dump over the last few Days and obviously that affects the Numbers we're going to go ahead and take A look at uh how you go about deciding What to do when you've got profits how We could have prevented the situation That we're in right now we're yes Granted the price is going to go back up And yes we are up overall in the Portfolio but could we have handled last Week a little bit better let's uh take a Look so let's go ahead and check out Here we go with our uh dashboard as of Right now overall we are up uh 3.71 Percent 3132 on our all of our portfolios uh Combined uh so if you break these down You over here to our wallets you'll see That our 25k portfolio is sitting at Twenty six thousand two hundred and Eighty six dollars uh 10K is 11 500 our ISO is at 55 40 and then our 1 000 Portfolio now this is where you get Pretty interesting stuff because our 1 000 portfolio we're actually down which Is quite interesting now one of the Reasons why is because with a one Thousand dollar portfolio you're just Not going to be able to diversify that

Much so what that means you're really Counting on some big wins to be able to Propel you forward with one thousand Dollar portfolio you can't afford a lot Of loss so you've got to go with really Solid coins and really solid picks so We've got ethereum cardano algorithm a Polygon ICP xrp and sand well these are Great performing coins over the long Term however look at ICP I think we Bought a hundred bucks of that when we Bought it we made 32 dollars it's a 32 Pump that it's had since we bought it But it's only up 32 dollars and you Start to understand compound Capital how That affects things when you've only When you're always with a thousand Dollars yes you can overnight make it 10x it happens but to do that you got to Put money in small speculative coins That are more likely to go to zero than 10x so because of that with the 1 000 Portfolio this to me is the biggest Challenge we want to see what's going to Happen with us over the next six 12 18 24 months that's what we're really Looking to see we're not going to do That many moves in this portfolio Because if you've got a 10 gain well You'll have a little bit of a fee when You do your trade to get out and take Profits and it's just not really worth It it's better to just hold at this Point so that's what we're going to do

In this portfolio won't be making any Changes to this one today and it's Interesting that the rest are up and It's actually down 16 and you can see Right now uh we have polygon optimism ICP algorithm Aptos these are our Biggest winners over the last couple of Months so when you're deciding whether You want to make moves or not I've got Everything ranked by by the day what we Should have done last week is when all The prices were up in the green We should have done what we're doing Right now The issue was I was traveling and you Know what that's a part of your trading Life that's a part of crypto I was Traveling I was at uh crypto lifers House and so I probably didn't make the Optimum move that we should have made The movie should have made last week is We should have came here to our crypto Assets and ranked them by day instead of By All Time when you rank them by day What you'll see here is Al Green got Crushed today Cardano crushed optimism crushed Hedera's up now there's our only coin That's in the green today so quite Interesting what that means is if we Were to make a move any of our Portfolios okay we would go here to Wallets hbar 754 dollars worth in the 25k uh ISO 20022 uh here we've got 491

Dollars this is even after this pump Today for hbar it's overall down in our Portfolio so that's not something you Want to take profits on you don't take Profits on something that you're overall Down on so in this portfolio we would Not be doing anything with hbar I think On our 25k portfolio and you say okay We've got 580 dollars worth of hbar uh Is what we we have there so we're up 139 Bucks in a 25 000 portfolio does that Really make sense to take profits at That point now we've really backed Ourselves into a corner here for this Week remember we only have one coin in The green today So because of that we just don't have a Lot of options you don't want to buy you Don't want to sell in the red and buy in The green you want to sell in the green And buy it in the red so if we would Have done this last week we would have Seen this would have been quite a Different story everything would have Been in the green we could have some Freedom to take some profits and move Some things around from things that have Performed super well to things that Haven't performed as much because when You go here and you look at the all-time Returns what you're going to find is That a lot of these assets okay they're Going to even out we're down uh 5.7 Percent on xrp overall we are down

Six percent overall on ethereum do we Think that's going to be the end of the Story that by the time we get into this Bull run that ethereum is going to be Overall down no it's going to be up so When you take profits from something Like Al Grand or optimism or polygon or ICP what you're doing is you're taking Advantage of pumps and then you're also Taking advantage of coins that are not Great performers in the short term but We think long term will be what you're Doing is you're saying but this one's on The roller coaster up it's gone it's on The way up we want to sell when it's on The way up before it crashes back down To the mean that's the only way you're Going to take a portfolio and get more Than let's say more than the average Return from the bull run so if the Average return for Bitcoin in this next Bull Run is 100 percent Then the only way you're going to make More than 100 with Bitcoin is if you're Moving those assets around based on how They're doing but I think something Really important to think about is the Psychological effect of these markets Last week we're up eight thousand Dollars overall we're up like 20 after Being down for months we're up 20 Overall and we're celebrating and we Just get caught up in oh the price is Going up is amazing we're up but those

Are the moments we got to take a pause And do something different because you Fast forward one week you're still in a Good spot we're still up we're still up Five percent overall in a portfolio or Ten percent whatever it may be but the Fact is today we're back in a corner we Don't really have any moves we can make So the point is make sure when coins are Pumping you're taking advantage of it Because on days like this when things Are red You don't have a lot of options all Right guys really excited to see what's Going to happen in the next week Um you know we'll see what happens for Bitcoins for the portfolio we'll be back It's all got to be blessed by the way Out

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