90% Holding in Bitcoin
Apart from Hive, I have some small portfolio in Binance. I know keeping crypto in wallet is not a good choice and I am trying to find a way to get to the hardware wallet. Now because of Bitcoin going up, my portfolio grew by 45% being the Conservative Trader.
To be honest, in crypto I am not very good in trading, which is quite different than trading in Indian market. I am not sure what's the difference, but most of the time I end up picking the wrong trade in Crypto. And that's why in the last year or so I have made a portfolio which is Bitcoin heavy. This is different than the Hive or Hive Engine coins. It is purely the crypto investment which I have done. It is not that huge but still good enough for me, which I don't want to loose.
Now since it is Bitcoin heavy, it increased at the rate more than 98% Binance users. I amnot sure if that is the correct value. If it is then might be most of the people are having alt coins which might go up from now on. So I am in dilemma that what should I do not. I am thinking of booking 50% profit, or might move some of my funds to the alt coins to see it grow. But again I am not 100% sure what I will be doing. I have kept a mental target of $100K to take out either 25% or 50% target and then either cash out to INR or move that to HBD to get 15% returns per annum.
But these are just my thinking, might be I will have to decide what to do.i have never booked profit before, so booking the profit makes sense for me to enjoy the bull run.
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BTC have had a serious pump these few days or weeks, surprisingly much higher in rates after Trump got reelected. Those having a big volume now are cherishing to have a sufficient number of profit in their bag if they want to cash in now.
But I guess, allocating 100% of assets in Bits isnt a good choice, rather half of them into alts reservation is a balanced idea, I suppose.
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