I took the right opportunity to sell whatever Bitcoin and Ethereum I had with me on Exchange wallets during the peak time. I wanted to sell them not because they were not going to perform well but because I wanted to book the profits at a very high price and then maybe buy them back if the price of BTC goes down in the next cycle.
I have been holding a lot of coins in my portfolio and have been holding them for several years now. As the price of BTC is at its peak, it is not a feasible option to keep holding them as the price might fall if the price of BTC or the entire market goes down.
Today I got a chance to review my portfolio which I do regularly but today I was able to spend a lot more time reviewing every coin. While doing so, I noticed that I had so many coins that had absolutely no value. Maybe a few years back I would have bought them based on some recommendations but sadly all those coins are sitting like a stone inside a well. Reviewing the portfolio is one thing that gives us access to think about these coins that are not doing great.
Last week I got a chance to get rid of some stocks in my stock market portfolio. Luckily I was not at a loss and I was able to make a decent profit out of my investment. Maybe because I have been holding them for several years and have not considered the inflation, it can be less valuable. But I'm glad that I was able to sell them for a small better price.
Today when I reviewed my cryptocurrency portfolio the intention was similar because I wanted to get rid of some of the coins so that I don't spread too thin. Currently, most of my investments are inside Hive and sometimes it even makes me feel that I have not diversified enough. There are so many investments inside the Hive ecosystem but what if Hive itself fails? Even though the possibility is very low, there is a small chance that maybe some projects inside Hive might fail and the big value I have on Hive would go down.
I was able to secure some Hive and HBD and use them to purchase a few other cryptocurrencies. I have Litecoin, XRP, CRO, IOTA and so many coins. Today looking at the value of those coins, it appears to be they are shit coins with no specific value. I decided to continue holding them because I don't get anything in return anyways but at least I get an opportunity when the price suddenly goes up and I would end up having enough money.
Some projects started off with a great bang and they made a lot of money and started slowing down. The coins are still actively trading in the market because some people use those shit coins to do easy fee less transfers. That's the only usecase with those coins.
If you like what I'm doing on Hive, you can vote me as a witness with the links below.
@balaz as a Hive Witness 
@kanibot as a Hive Engine Witness|
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