Buy Bitcoin, Sell Shitcoins

7 Reasons to Rebalance Your Portfolio for Maximum Gains in This Bull Cycle

Hello there! Many beginners in the cryptocurrency market believe they can find the next Bitcoin, especially since they missed the opportunity to buy it at under $10. This belief often leads them to invest in lesser-known coins, known as “Shitcoins” and meme coins, hoping to make it big.

However, the harsh reality is that searching for hidden altcoin gems rarely compensates for missing out on Bitcoin and usually results in losses if you aren’t careful.

As someone who has been in that situation, I understand that discovering the next Bitcoin is not an easy task. So, if you’re new to the crypto market and your portfolio consists mainly of meme coins and unknown crypto tokens, know that you’re not alone. Most of us have been there, and it was a tough experience.

If you’re currently investing in the cryptocurrency market, with a focus on meme coins, you need to adjust your investment strategy.

Personally, I will recommend that you allocate 80% of your portfolio to Bitcoin and a few well-established altcoins with strong fundamentals. Then, you can play around with meme coins using the remaining 20%.

But, you may wonder, how do people make money with Shitcoins?

If you’re considering investing in “new, shiny altcoins” with dreams of becoming a millionaire, let me share the experience of those who had a similar mindset during the 2017–2018 bull market.

For example, if you had invested $10,000 in Ripple (XRP) in 2018 (at $3+), today, your investment would be worth only $1,666. In contrast, if you had invested that same amount in Bitcoin at $14,000 in 2018, you could be worth over $48,000 today.

Similarly, if you had chosen another popular altcoin like EOS during the 2018 bull market and invested $10,000 at an average price of $14, your investment would be worth about $685 today. See the screenshot below.