It’s that time of the year again when the festive mood is in the air and things start to slow down at work. What better time to sit down and review and rebalance your portfolio in preparation for the year ahead.
Just as successful people have perfected their morning routine so as to optimise their productivity and keep themselves emotionally fulfilled, do you have a routine that you fall back on and fine tune every year? Perhaps you begin by taking note of all the coins on your radar and evaluating which of them are substantiated by high-profile partnerships and developers who seek trustworthy - before zeroing in on one or two to add to your portfolio? Or you think critically about the proportion of BTC &/or ETH vis vis altcoins and decide if you wish to increase or decrease the composition of altcoins in your portfolio first? Or you adopt a thematic approach and analyse how much of your assets you want to keep in cold storage and how much you want to place in DeFi protocols? In other words, applying the Tactical Asset Allocation strategy?
Or is your review process non-existent because you are very clear about what you want to achieve, so you don’t want to second guess yourself by rebalancing your portfolio?
originally posted on r/cryptocurrency