So everyone that had their money in alts is revelling and you potentially just about got in to ride the current market surge, but how can you you reduce your portfolio risk whilst also being prepared for these kinds of events?

I'm not a financial adviser and the opinions in this blog are my own. You must do your own independent research, but for those that wish to learn more, continue reading below. You should also know that for full disclosure, I am personally invested in many of the products I mention below.

I've just seen an overall 30% value increase in my portfolio from the recent news that Segwit2x has been cancelled and resulting surge in altcoins. I was tracking at a 10% loss before this news, but wasn't worried at all because I applied the following logic to my investments.

1)

Bitcoin

I always keep some BTC in my portfolio. The minimum has been as low as 0.01, but the maximum these days is also 1. BTC must be respected as the gateway to alts and the leading brand in the market. Do I think it will always be this way or is it worth it's current market value? Not really, but we'll cover the reasoning behind this in another post.

2)

Choose wisely!

I choose my investments very carefully and never buy on the spur of the moment. The minimum due diligence (DD) I'll do on an investment is to visit the website of the product and read it from corner to corner then search Reddit, Steemit and the news for any headlines that might grab my attention. I can do this in approximately 1 hour, but my standard DD takes roughly 6-8 hours which is normally spread over a few days to allow me to "sleep on it" before I invest.

3)

Understand ROI

When I invest, I make sure that my investment is of a reasonable size to make an impact in my portfolio. If I can only afford to by 1 Ark at $3 a piece , I won't invest in the hope that each Ark will eventually be worth $300 each. I try to keep my largest investment holding below 50%. Regardless, whatever the value % an investment holds in my portfolio, my main consideration is making sure that the stake I hold is worth something. (a $0.01 increase over 100,000 or $1 increase over 1000 coins is worth more to me than hoping a single coin will go from $3 to $300 as I've said)

4)

Grow your own

I invest in things that grow without you doing anything. Two of my favourite investments have been Neo and Ark. Both have been earning for me in one way or another constantly regardless of price fluctuations. If NEO and NEO GAS are down, I don't sell either. When they rise by 15% or more, I consider selling some of the earned coins. I've written before why I always think If you're going to HODL; why not earn more!

5)

Keep calm and roll the dice

I don't constantly watch charts. I add my investments to track on Blockfolio and might take a look a few times a day, but regardless of whether my investments are massively up or down, I never open my trading account and sit watching for an additional 5% increase to sell. See point 2! I keep myself busy by rolling my favourite faucets and reading up on new technology or products that I don't yet know much about.

6)

Keep working

I do constantly work to increase my portfolio holdings and value. When I'm holding everything with no intention to sell or take profit, I roll for free Ark HERE and roll for free BTC HERE. I try to add value to people's investment knowledge or general interests by writing blogs like you're reading here, or by trying to push projects forward on Reddit. I learn about technical analysis and post my findings. I include my referral links for Binance, Kucoin or other referral programs so that hopefully I earn from referrals and my referees also earn as they do the same.

I hope this has been helpful, insightful or perhaps even mildly entertaining. I love to get involved in discussions around investments and CryptoCurrency, so resteem, share and comment below if you'd like to join the discussion!