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RE: PermaCryptoFolio FLIPPER portfolio - ByteCoin BCN replaced Monero XMR & Rebalancing of ARIELLE portfolio triggered

in #money7 years ago

I wonder if there's a way to catch if a coin is about to hit the top 10 within a timeframe given a current trajectory. I like the idea of rebalancing that you do. If I could find the time before though, it could make sense to catch the movement at a cheaper price.

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That's why I introduced the ARIELLE portfolio some weeks ago.

https://steemit.com/permacryptofolio/@twinner/introducing-arielle-portfolio-an-addition-to-permacryptofolio-s-flipper-portfolio-to-cover-the-coins-and-assets-on-the-ranks-10

ARIELLE invests in the coins between #10 and #25, but with less and less money the lower the market capitalization of a coin is. This allowes me to buy a coin "cheap" if the coin jumps from #30 into Top 25, and if the value of the coin grows, there are good chances that I do not need buy additional coins if the coin climbs into Top 10.

If I would restart the experiment, I would combine FLIPPER and ARIELLE to only one portfolio.

Sounds good, but some of these altcoins do not have light weight wallets. How can we hold them in a secure way without running a full node?

I just risk it holding them on Bittrex. The Ethereum based token I drew out of Bittrex, for the rest I'm to lazy to install wallets.

This looks like a solution to our problem. No more need to trust exchanges (although bittrex and poloniex have been trust worthly so far).
https://steemit.com/money/@leprechaun/shapeshift-launches-an-altcoin-portfolio-wallet

But you have to trust shapeshift that they have the coins in there wallets to hedge the price movements of this prism tokens.

this post is so interesting and heplful to the newbie like me. I follow you