Trading update - using Ethereum profits
With Ethereum on the move today, I took advantage of the boost in price to liquidate 10% of my holding and split across some smaller altcoins I am interested in.
I like having a spread amongst smaller altcoins as you never really know which might be the next big thing. I always think that taking some profit and making a few punts is a good move as the potential upside in this market outweighs the risk.
As such I have opened positions in the following:
- Wings DAO
- Library Credits
- Digix DAO
My position in Komodo is double all the others as I have been eyeing this up for a while and think it is a great investment opportunity.
These are all 'hold' coins and not for day trading.