Let’s talk numbers! Specifically, the number of coins you should be investing in for optimum portfolio growth.
It’s not unusual for new investors to enter the market and take a scatter-gun approach to acquisition – a bit of this, a bit of that and next thing you know you’ve collected 60 crypto coins! I’ve even known people to hold up to 200 coins in their portfolio.
What an overwhelming number of coins to keep track of.
At DWG, we encourage our members to hold a much smaller selection of crypto coins.
How many is the perfect amount?
Between 5-13 coins.
That’s it!
It doesn’t seem like much, does it? But all the best performing portfolios at DWG fall within this range and they all have this in common.
The truth is, a smaller, well-defined, well-researched portfolio will be much more manageable and allow you to make smart, calculated decisions. Which is where we all want to be.
So, if you’re holding a lot of coins, start to reflect on what you have and whether you can compound your portfolio. Is there any dead weight? What can you let go of?
This is a case where less definitely does equal more.
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