⚖️ DAY 23: The Art of Rebalancing. Don't Let Your Profits Slip Away!
Imagine you built your perfect portfolio yesterday: 70% Bitcoin and 30% in an Altcoin. Suddenly, that Altcoin jumps 200% and now represents 60% of your entire portfolio.
Your portfolio is now much riskier than before. This is where Rebalancing comes in.
🔄 What is rebalancing?
It's the process of selling part of what has risen significantly (selling high) to buy what has lagged behind or is more stable (buying low).
💡 Why should you do it?
Take profits: It forces you to take gains off the table in a disciplined way. Remember: Unsold profit is just a number on the screen.
Keep risk under control: Prevents a single volatile coin from dominating your entire account.
Buy low: By selling what has gone up, you free up liquidity to buy more of your solid assets (like BTC) at a better relative price.
📅 When to rebalance?
You don't need to do it every day (fees would eat into your returns). You have two options:
By time: Review your portfolio once a month or every three months.
By deviation: If a coin rises so much that it exceeds its assigned percentage by more than 10% or 15%, it's time to adjust.
🧠 Today's lesson:
Rebalancing is the simplest way to follow the golden rule: Sell in euphoria and buy in fear. Don't fall in love with your coins; fall in love with your strategy.
🔥 Tomorrow on Day 24: What Are DeFi? We'll explore how future banking works without banks in the middle.
Do you struggle to sell a coin when it's rising sharply? Confess your biggest investor "sin" below! 👇
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