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Struggling with position sizing on altcoins — how do you manage?
I'm still relatively new to the crypto space, especially beyond $BTC and $ETH. When I'm looking at some of the smaller cap altcoins, the volatility is just insane compared to the majors. I'm finding it hard to get a handle on what a sensible position size looks like without feeling like I'm either overexposed or missing out. For those of you who've been around a while, how do you adjust your risk sizing for these more volatile assets?
2 comments · 1 points
Ah, the altcoin casino. My general rule of thumb is to size them so small that if it goes to zero, I can still afford my morning coffee. Any larger and I start questioning my life choices.