Topic: Did I diversify too much? (Read 889 times)
I don't think it is too diversified. It's normal to have moree then 20-30 coins in portfolio.
I think it is not very smart to diversify your portfolio too much like more than 20 altcoins because you can't manage all of them if something wrong happen since the crypto space is not very stable. Diversify your portfolio will also increase the risks.
I think you should not hold too many altcoins. That will not make you concentrate. With 20 altcoins, you have to test them every minute and that will put you down. I know you are an ambitious person but you really need a plan to invest.Do not invest in too many altcoins, you will not be able to control them all and that means you will lose capital.
I think it is not very smart to diversify your portfolio too much like more than 20 altcoins because you can't manage all of them if something wrong happen since the crypto space is not very stable. Diversify your portfolio will also increase the risks.
a large part of your portfolio is made up of quality altcoins, especially litecoin and ethereum will be much more valuable in the future
I feel like you are doing just fine in terms of diversifying, whilst I personally not put as much into LTC, but it looks like it will get used in everyday life so it is questionable.
If you have 1000 usd, you should keep 30% in bitcoin and another 30-40% in top 10 coins. 30-40% in ICO-s or other cryptos you like.
Hey everyone,
I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
Good enough. Especially that your main part in top coins. Wish good luck!
Not too much. In that way you are more insured against dips. I wish you success!
I think it was a very messy proportion, you have to adjust the investment amounts somewhat and The projects you choose are beautiful
Hey everyone,
I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
Why LTC have such big portion in your portfolio. Are you conservative investor? LTC is in TOP 10 ofc but there are a lot of more interesting coins with high potential / possible high income.
I have >50 coins/tokens in my portfolio. It is choose of every person.
Actually, it looks pretty solid to me. A good mix of established pure cryptocurrency like Litecoin and Bitcoin, a few anonymous coins, a DAG coin, a platform type supporting other projects. The only one I didn't recognize was Eltcoin.
buying a horse, a cow, a sheep, a chicken does not make you a worldclass farmer
Actually, it looks pretty solid to me. A good mix of established pure cryptocurrency like Litecoin and Bitcoin, a few anonymous coins, a DAG coin, a platform type supporting other projects. The only one I didn't recognize was Eltcoin.
As long as you only buy coins with ideas/projects that you yourself believe in, then it's never too much diversification. It is if you simply bought on FOMO or on the news you just saw from McAfee's Twitter.
As long as you only buy coins with ideas/projects that you yourself believe in, then it's never too much diversification. It is if you simply bought on FOMO or on the news you just saw from McAfee's Twitter.
The current situation shows that it is necessary to diversify. A good portfolio, just have a chance to see how it is sustainable right now.
Hey everyone,
I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
Yiu have a nice portfolio, but you should add Zilliqa, Monero, and Cardano to your list. I like to diversify and have about twenty different coins but not the same value of all I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
Hey everyone,
I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
Your portfolio is fairly conservative actuallly, nothing like too diversified or risky here. LTC is a lot as a total but you may want to hold on to it until it attempts a breakthrough in the 250-350$ range. Iota & TRX momentum is gone for the moment and they need to prove a lot. EOS has a lot to prove as its extremely hyped(and dont forget its 10times the circulating supply of other platform tokens like NEO and ETH), XRB you should definitely want to get some more as it can only go up from now on ( rebranded 2days ago, listed on a big exchange -Binance - finally) and its tech is excellent.I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
For stuff to replace there look into lending platforms ( crypto to crypto with working product -> ETHLend ) + (Crypto to fiat -> SALT at extremely deflated prices today ~5$ its a steal), then some wild cards like INS+ADST (both fresh off their ICOS and 50% off due to market decline), PRL + Elix+APPC with ambitious products and also at 1/4ths of ATHs and last but not least platform coins/tokens like COSS/COB/BNB/KCS.
Good luck and happy hunting!
Hey everyone,
I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
Yes I think you are too diversified. As a noob you should only hold like 3-4 coins. That being said hold only eth, btc, ltc and xrb. You can sell the rest and buy more eth.
Nothing wrong with that. Actually, it's good. Good to diversify your money in different kinds of a token. Maybe try to buy more since the market is down. It is good to buy more potential alternative coins.
Hey everyone,
I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
It's not diversity that's the need to make a profit. And I'll tell you not so and you have a lot of alts, you just need to choose those who will definitely give growth in the future. Tell me why you need Eltkoin for the masses, but this is your vision of the market. I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?
32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link
To diversify is a good idea, but to every decision, you are going to make it should be based on critical analysis personally about how the cryptocurrency you choose to invest on. the undeniable fact of cryptocurrency is "volatility" which is yet to take care of fully by the presently existing coins. but when you choose to put your eggs in a different basket and watch the flows as it goes, it is more preferable.
I have 35 coins and I want more. 
I agree. Buying altcoins in exchangers is really addictive that makes me think I wish I have plenty of money to buy some more but then reality will hit you after a few seconds that you don't have buying power anymore
As for OP, I think you didn't diversify too much but I think you need to buy more ETH if you don't like adding more BTC on your portfolio.
so true...
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