Topic: How many coins should you HODL? - page 2. (Read 1835 times)
As many as you can! The more coins you have the higher your potential profits. The more different types of coins you have, the lower your risk. That being said, only hold as much coins as you can follow. Any more than 20 is probably too much work for the average person to keep on top of, at that point you probably have duplication in the functionality of the coin as well and the marginal utility of an additional coin in your portfolio isn't worth the extra work required keeping up to date with it.
I hold most of the money in bitcoin and ethereum. I keep the other part in 5 different coins. Having too many coins requires a lot of time. And I dont have that much time.
Good point. Out of my port, there are maybe 20 that are serious contenders. The rest I don't pay much attention to. If they flop, it's like losing penny stocks, so no biggy.
I don't see why you should set a limit. The key for me, is coins/tokens that I can consolidate under a small handful of accounts - for instance, you can have dozens of tokens under a single Ethereum or WAVES account. I think NEM and NEO work the same way, but can't say for sure, as I don't own any of each. However, I hold over 50 coins/tokens in my ETH & WAVES accounts, a little bit of BTC and a couple of others that I mine.
There is no limitations in numbers of coins if you think that you can manage them all. But for new comers, it might be good to have 2-3 coins for them to learn and can manage it will. Because not exactly all of us are just knowledgeable in this field, it could be hard for them if they take more coins in a time.
You can hold up to 10 coins max which have long-term value, then you can leave the rest as tradable assets - even up to 50 - depending on how many you can manage.
Personally, I think it's better to hold 3-5 coins, depends on the time you are ready to spend to follow the projects. Don't just jump on or off a coin without previous research and don't get hyped
I have like 4-5 which I plan to hold for several months and years.
I'm talking about coins with low cap, like $20-$40m that can give me some good profit
I'm talking about coins with low cap, like $20-$40m that can give me some good profit
I divided my account into 4 pieces. 50% bitcoin 25% Ethereum 15% neo.
And 10% other alternative coins. And I am holding 10 alternative coins. They all have 1% share. But still very difficult to follow much coins.
And 10% other alternative coins. And I am holding 10 alternative coins. They all have 1% share. But still very difficult to follow much coins.
I don't see why you should set a limit. The key for me, is coins/tokens that I can consolidate under a small handful of accounts - for instance, you can have dozens of tokens under a single Ethereum or WAVES account. I think NEM and NEO work the same way, but can't say for sure, as I don't own any of each. However, I hold over 50 coins/tokens in my ETH & WAVES accounts, a little bit of BTC and a couple of others that I mine.
Currently 17 hold coins. Reduced from 21.
My goal now is to increase the amount of each coin I hold and expand at a reasonable pace into other coins while they are still inexpensive.
I believe one should more heavily invest in projects they feel strongly about and just lightly bet on potential and risky ones. Occasionally go deep on the risky ones too
My goal now is to increase the amount of each coin I hold and expand at a reasonable pace into other coins while they are still inexpensive.
I believe one should more heavily invest in projects they feel strongly about and just lightly bet on potential and risky ones. Occasionally go deep on the risky ones too
11 coins are so so much. Tracking can be very difficult. All developments related to these need to be closely monitored.
And I think it's very difficult. The best choice is 5 coin. I hodl 4 or 5 coins.
And I think it's very difficult. The best choice is 5 coin. I hodl 4 or 5 coins.
It depends on your budget. If you believe in a coin; then you should start collecting;
1/ 1 million of it.
1 / 100k of it.
1 / 10k of it etc.
1/1k should be up limit.
1/ 1 million of it.
1 / 100k of it.
1 / 10k of it etc.
1/1k should be up limit.
I hold about 35 coins. Sometimes it becomes difficult to follow them, but it helps cryptocompare. I plan to gradually reduce the amount to 20 coins.
I hodl more than 50 coins. I think that some people have much more. Now most of the prices are such that I do not want to sell anything. Perhaps it will be a long time.
I do not know if it makes sense to hold so many coins. Diversification is good, but it is definitely too much for me. As for me, it's better to have smaller amount coins, which can give a good and reliable profit.
I personally believe we should diversify our portfolio and keep atleast 20 coins in our portfolio. This way the portfolio wont take much hit in the bear market. Yes the gains will also be limited but you can always increase your leverage to a certain coins which you are confident in.
11 coins is also good but try to add some more coins after doing proper research.
11 coins is also good but try to add some more coins after doing proper research.
I have 4 coins I have bought outright, I plan to keep on adding - for purchased coins, I think around or less than 10 is good (for myself personally), and joining airdrops + bounties to fill in any other coins that I might want to have in my wallet is never a bad thing
I have 40+ coin hold for some month.I hope its value raise gradually.Even I know hold is always profitable for me I have some good coin likes
Waves, Strat, Mgo, ETH, ETC, LTC this coin is the most profitable for future.
I have some good coin likes Waves, Strat, Mgo, ETH, ETC, LTC this coin is the most profitable for future.
Depends a lot. I joined some airdrops and now I'm hodling 200+ lol
I am holding different kind of coins. Some did or may disappear. And some may one day have a better value. It is good to hodl coins that you believe have a future. But little coins may also one day get pumped, who knows? But you need to look everyday at your coins prices. Just look at ZCL. Lots of people thought the coin was dead. I sold them at $5 but it increased and reached $200. Now, i am trying to be more careful before selling a coin.
we should hold first 3 type of coins firast type in cryptocurrency coinmarketcap first 100 coins top 10 and next new tokens and yet to launch coins in ico hold all the coins will give us good benefit of a chance for growth
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