Time for DIVERSIFICATION!

in LeoFinance2 months ago

Diversification is a risk management!

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A strategy that will mix investments within any portfolio! You all know I'm in favor of having SILVER AND GOLD ASSETS (in your hand), but those paper weights get old fast (even if they stay shiny).

So now that I have reached my 10K HIVE GOAL which will make me interest in HIVE, I have a lot of other shitcoins that must be converted to other questionable shitcoins.

Using Hive-Engine there aren't too many swap mechanisms out of HIVE/ STEEM. Yes I could use exchanges; but there must be a quicker way. I have been recommended LITECOIN swap, DOGECOIN swap, and EOS.SWAP.

A diversified portfolio contains a mix of distinct asset types and investment vehicles in an attempt at limiting exposure to any single asset or risk. The rationale behind this technique is that a portfolio constructed of different kinds of assets will, on average, yield higher long-term returns and lower the risk of any individual holding or security.

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I am using the ATOMIC WALLET which has it's own mechanism to exchange into different cryptos. Some pairs are not even supported. HIVE is of course not there either. In essence I am trying to cut out some middle-men (or middle-women if you want to go all SJW).

The less middle 'people' to go through the more in fee's I save. This post is all about by-passing those pesky KYC exchanges that frequently go through their own shenanigans. https://leodex.io/tokens has 0.25 Fee's while HIVE-ENGINE is 1% in and out. What say you? I know I'm always giving advice, but I'll take advice as well!

Posted Using LeoFinance Beta