First of all, shout out to Marius Kramer on Quora as this portfolio is loosely based on his 'picks' / analysis / opinion.
The rest of the basis is whether I believe in the coin. Which sounds lame admittedly, but trust me, that helps when your coin is doing badly!
Those who can count will notice it only features 6 coins. Most people suggest the minimum for a good portfolio is 5. I'd love to hold 12 coins but my funds split between 12 coins wouldn't add up to much capital per coin, so here we are...
6 Coins selected from 5'112
(amount of coins listed on Coin Market Cap as of 13 February 2020).
Auto balancing is awesome, and it's great for (trying) to forget about your investment and carrying on with general life.
I have set my portfolio to re-balance every 12 hours. Sometimes it won't if the percentages have only changed by half a percent, but usually, something does shuffle around. I can always look up later what was done by reading a report on 3commas.
For the time being, my 6 coins are split equally, meaning they each make up 16.7% of my portfolio. It was more satisfying when I had 5 coins as it would be 20% each but, that's the OCD side of me.
Part of the reason I've felt compelled to share this today is I've had the best days returns I can remember as well as a blindingly good month.
11.1% returns in 24 hours is why I got into crypto. And all this has happened while Bitcoin has been trading side-ways.
Hello? did anyone yell ALT SEASON?
My other reason for sharing is to sing the praises of the almighty 3commas as this platform allows me to auto-rebalance and does so with relative ease.
Many may notice that I have split Ethereum equally. This is a current strategy, once the market becomes a little more 'hairy' which I believe it soon will I will increase my Ethereum holdings to atleast 35%, splitting the remaining 65% equally amongst the 5 remaining coins. All this is made exceedingly simple with 3commas.
Another awesome feature of 3commas, for when the market turns very very sour is what I call...
THE KILL SWITCH
3commas enables you to convert all your portfolio to BTC or USDT at the click of a button (for emergencies only I assume)