That is great!
What will be your top to sell lets say 15% or 20% for EOS, BTS, Steem.
For instance, EOS at $20, $25 or $40?
Steem at $6 $8 $10 $12?
BTS at 0.80, $0.95, $1 $1.50 $2?
Regards, @gold84
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That is great!
What will be your top to sell lets say 15% or 20% for EOS, BTS, Steem.
For instance, EOS at $20, $25 or $40?
Steem at $6 $8 $10 $12?
BTS at 0.80, $0.95, $1 $1.50 $2?
Regards, @gold84
It depends more on percentages than fixed prices. If a 10% holding grows to 15%, you might do some selling and use the proceeds to buy a 10% holding that has fallen to 5%, for example. Since I'm so high on all of these, I'll probably use a 25% figure for those whose original size was 10%, 40% for a 20% original, and 80% for a 40%. Those are some fairly large differences basically because I think that more intermediate term all my picks should do well and also because it should keep my rebalancing needs to a minimum. I'll probably do monthly and quarterly analysis too. But I try not to pay too much attention to price and focus mostly on the percentages. It makes life a lot easier, and has worked very well for me in the past as well.
Thanks for the feedback! My question now is when is a good time to rebalance. For instance, I have EOS now, and see it has a good upside potential before its launch, so I do not know if I have to sell it now and buy BTS with it. I have Steem, EOS and BTS, and BTS is the one that needs a bit of rebalance, but I don't know when would be the best time to sell EOS and buy BTS.
Regards, @gold84