What is Veeky Forums's diversification & hedging strategy in crypto?

What is Veeky Forums's diversification & hedging strategy in crypto?

I don't want to get rich quick, I want to make investments I can hold for over a year that will conservatively beat the market over that period (which isn't that hard since a lot of the market is PnD and shitcoins which will die off)

I won't list coins since that makes thread quality worse

>Most important for me : Diversify across use cases, including
>currency/remittance
>smart contracts & blockchain infrastructure
>logistics / supply chain
>oracle solutions
>Tokenization of regular assets
>pure hype coins
>a small bit in 'store of value'
Am i missing any?

>Diversification across markets
>20% in chinese coins
>Bulk in Western coins
>Maybe a bit in korea coins or japanese coins if they come out

I wish crypto had an index fund

Literally does look at Iconomi

I think RLC REQ LINK ETH and MKR cover a very good portion of the market.

It's definitely not all "blue chip" but IMO it's a pretty good balance.

Don't ask biz. Half the retards here are all in on 2 coins and their hedging strategy is "le hodl :^)"

>100k in crypto
>Holding about 35 different coins with unique selling points for mid-long term

Feels good to be properly diversified, way less stressful. I'm only holding a few coins within top 50, the rest are calculated risks as only a few of them have to really make it to get a great profit.

I need to research REQ

damn, i got 600k and i only hold about.. 12 or so.

Also worth noting that I'm not invested in currencies and less invested in supply chain tokens as the competition is so fierce. I've tried to find projects that really offer something others currently can't or are clear first movers in their fields.

I feel very similarly

her'e's my portfolio by proportion

ETH
BTC
NEO
WTC
ICX
VEN

way less invested than u if u really have 600k tho.. not afraid of chinkcoins either lol.. hows my diversity biz?

not a daytrader lol except when i do

Most of my stack (75%) is in three projects that I believe in (ETH, ZRX, LINK) and did research on.

The other 25% is spread between different platforms (IOTA, XLM, ADA etc.). These are just fomo insurance so if they actually become the dominant platform for dAPPs I don’t A) panic buy into a moon, or B) neck myself for not buying at least a little when they were cheap.

Currency coins are a trap imo because we have no idea which will succeed. They all basically do the same thing - just hold value if we all collectively decide they have value - and that could evaporate overnight. Also which one wins is going to be so fucking random. Think Blu-ray. It’s not the tech, it’s adoption and network effects, and big players in the space could arbitrarily choose a coin to make it succeed. I.e. “oh Raiblocks is superior” —> “McDonalds announces all stores worldwide accept bitcoin” —> “well fugg”