Many people fall into this trap – their Holdings of coins keep increasing, and in the end, they can't even manage them.
Having around ten coins in your wallet and wanting to track the progress of each project? Don't be ridiculous. One public chain upgrade, ecological data from a chain, the vulnerability risk of a certain DeFi protocol... it's simply overwhelming, and the result is that the probability of stepping on landmines is even higher. You think diversifying your Holdings can mitigate risk, but in reality, beyond a certain point, it just magnifies the risk.
What is a wiser way to play? Choose 2 to 3 sectors that you really believe in, such as decentralized finance, which has always been a hot topic, or Layer 2 as an infrastructure sector, and then carefully select 1 to 2 high-quality coins in each sector. The benefits of doing so are obvious – you have the energy to deeply understand each project, know their technological progress, market dynamics, and have a clear idea of when to buy and sell.
Ethereum, Bitcoin, and Binance Coin are three leading assets that deserve attention in terms of liquidity, ecological completeness, and risk controllability. However, the core is to first clarify your own track choice and then make selections within that track. This way, you can balance potential returns without falling into the trap of information overload.
In simple terms, the accuracy of a portfolio is often more important than its breadth.
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0xSherlock
· 10h ago
Really, I used to be like this, with over a dozen coins piled up in my wallet, and in the end, my mind got all confused, and I ended up losing even more.
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RadioShackKnight
· 10h ago
Haha really, I used to have this problem, my Wallet was a mess with more than ten coins, and as a result, I didn't understand any of them.
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MoneyBurnerSociety
· 10h ago
As for me, back when I had about ten coins in my Wallet, I wanted to buy the dip on each one, but ended up getting liquidated... Now I finally understand that being selective is the key.
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MEVictim
· 10h ago
Really, having too many coins in hand makes it easier to step on a landmine; I've stepped into this pit before.
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GateUser-e19e9c10
· 10h ago
You're absolutely right. I used to do that too, trading dozens of coins at once. As a result, I was glued to the charts every day like a madman, and in the end, I stepped on a few landmines before I woke up.
Many people fall into this trap – their Holdings of coins keep increasing, and in the end, they can't even manage them.
Having around ten coins in your wallet and wanting to track the progress of each project? Don't be ridiculous. One public chain upgrade, ecological data from a chain, the vulnerability risk of a certain DeFi protocol... it's simply overwhelming, and the result is that the probability of stepping on landmines is even higher. You think diversifying your Holdings can mitigate risk, but in reality, beyond a certain point, it just magnifies the risk.
What is a wiser way to play? Choose 2 to 3 sectors that you really believe in, such as decentralized finance, which has always been a hot topic, or Layer 2 as an infrastructure sector, and then carefully select 1 to 2 high-quality coins in each sector. The benefits of doing so are obvious – you have the energy to deeply understand each project, know their technological progress, market dynamics, and have a clear idea of when to buy and sell.
Ethereum, Bitcoin, and Binance Coin are three leading assets that deserve attention in terms of liquidity, ecological completeness, and risk controllability. However, the core is to first clarify your own track choice and then make selections within that track. This way, you can balance potential returns without falling into the trap of information overload.
In simple terms, the accuracy of a portfolio is often more important than its breadth.