So my question is:

How many coins do you need to have/trade in order to make a solid return? 

Some of you are going to get all butt hurt over what I say in the next paragraph or so, and I’m going to make a few of you feel dumb; that’s ok. You learn how not to get your ass kicked by getting punched in the mouth a few times and actually getting your ass kicked. In simpler terms you learn what not to do by doing what you’re not supposed to do. Why is it that we don’t lay our hands on the burner of a hot stove? Because we have all been burned at some point by something and learned that shit hurts. Humans learn through experience which then through our programmed survival instinct morphs into an unshakable and healthy aversion to the things that hurt us. Why is it that the same does not hold true for trading? Why is it that we fail to develop this survival instinct to things that hurt us and instead keep laying our hands on the stove over and over again? I heard once that “the definition of stupidity is to do the same thing over and over again, while expecting a different result”. I find much truth in this.

So to the heart of the issue; in regards to the number of coins you need. I posit that you only need to trade three at most. What a fucking moron you say; this guy is off his rocker, fuck him, he don’t know shit. So I ask this question of you, how many people out there are elite in multiple sports, professions etc? Have mastered all the subtle nuances of success at the elite level in multiple arenas? Sure there are a few, but the over whelming majority of the truly elite in a particular arena stay within that arena. As a human we can only process so much information at one time while staying abreast of changes, shifts in momentum etc. and be able to convert all this input into experience for use as a measure by which we will weigh our future decisions. Why be average or below at many things when you can be a fucking rock star at one?

![download.png](https://steemitimages.com/DQmW3XQ5hTw6vyowMq4E8u1BPJVc7TEomKe6JGQwoHQB9Vu/download.png)

For those of us that have traded crypto for a while and have particular favorites we know that there are so many subtle nuances that occur within a specific commodity relative to the action of Bitcoin. We know that Bitcoin is largely influenced by the press, hype and manipulation and that "What Bitcoin does the rest of the market will follow".  We also know that the further we get from the source (Bitcoin) the more erratic and irrational the changes become. 


Why bet on the Number 6 horse in the third race whose placement is dependent upon the success or failure of the Number 2 horse in the first race and the Number 4 horse in the second race? Why not just learn all there is to know about the Number 2 horse in the first race and bet on that? As opposed to having to learn all the information about each horse in every race preceding the one you actually want to bet on who may or may not succeed dependent upon the outcomes of a specific horse in a prior race? I say learn the track conditions, probabilities and statistics on the lead horse and become an expert on him. 

https://www.youtube.com/watch?v=aUQkbXWwJhQ

The opening screen of Bittrex-->Markets is a perfect example. Step Right Up, Step Right Up, Pick a Winner. How much information can you process? How many coins can you really know all the nuances of? How many are pump and dumps? The reality is by the time you click leaders and see something up 50 percent in most cases it’s time to be selling not buying. 

![bittrex.png](https://steemitimages.com/DQmfW5gWQvJboDHEzR76uafP3aDyeE1dJR68HhDN8SoHKWp/bittrex.png)

It easy to get sucked in as you can just click %Change and pick a winner from the top. It's that easy!!! (note sarcasm). It's not like everyone else is doing that, or as if those holding are looking to sell. I don't know about you, but if I'm up 50 percent, I'm looking to lock in some profit and go play video games.

![bittrex2.png](https://steemitimages.com/DQmUHeRq1P9yk4wwdLhv61P1kZbfcdPQBm9qN7U74odArbN/bittrex2.png)

I put all this out there as I have done just fine trading the big three. I don’t need to cloud my focus by adding in a bunch of extra information in the hopes of getting rich quick. I just stick to what I know and specialize in that. It allows me the ability to process more information about a single item and make a better informed trading decision as opposed to trying to process hundreds of fragments of information about many things and arrive at a less informed trading decision that puts my capital at risk.

Again I will put my money where my mouth is. If you love following transactions around the block chain here are two old addresses I used (I pay my taxes and use cold storage so I’m not worried about it). You can see the input on 11/02/2017 for 300 LTC that I had been ACCUMULATING in the high 40’s after having sold previously at $67, after having likewise accumulated those in the 40’s (I think 48.50 to be exact).

So if we do the math. Buy at $48.50, sell at $67.00= 28% gain

Accumulate around $50 and sell at an average of $88=  44% gain 

Sum total 72% gain on initial investment or $7.20 earned for every $10 spent

https://chainz.cryptoid.info/ltc/tx.dws?13423901.htm  2017-11-02 Low 50's
https://chainz.cryptoid.info/ltc/tx.dws?13909613.htm  2017-11-20 High $80's- $100

I never bought a single Alt Coin. I never went all in and risked more than I was willing to lose. I never ate a fat FOMO shit sandwich; though I did eat a few FOFO (Fear of Fucked Over) sandwiches that caused me to miss buy points; oh well.. 

If the Market was down I remained disciplined and did not trade. I have no interest in trying to chase the Tiger through the jungle only to find myself in unfamiliar territory and at risk.  

It’s like that old Joke about a young bull and old bull staring down from a hilltop at a group of heifers. The young bull looks at the old bull and says “Lets run down there and fuck one”. The old bull looks back at him and says “No, Lets walk down there and fuck them all”.  Same concept be patient, stick with what you know, don’t get greedy and avoid chasing a dollar you don’t even own all over the place. 

Just wait and buy the thing you know at the right time.