How many coins should you HODL? - page 6.

IamHigh

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Quote from: p3ppymon on November 25, 2017, 04:09:59 PM

Quote from: PPleaseman on November 25, 2017, 04:00:46 PM

Hello. In the beginning i wanted to follow 5-7 projects closely, but then i saw there are so many great projects out there. I also believe into diversifying, if one coin is a bust the other one may make you money.
Actually its quit hard, it seems like ever week more and more projets with good ideas start (so its hard to do a good research). So far i have 40 Coins and i plan to keep it at that number, but who knows

Cheers

Diversification is actually a good thing in order to average and mean the profit and loss. However, in my opinion, 40 coins are actually too many. Not sure what you have but 25% of those will be worthless is a while. Better to exchange some of them into more robust ones.

Personally for me, 40 coins is impossible to deal with. I can't even do my things while holding 5 coins. The best is to have different ones, but not that much in numbers. Maximum 10 of them, no more.

adsdas

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Activity: 337

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https://streamies.io/

I think that 5 to 7 coins is a good choice for investment and trading. If you buy too much, it is difficult to you can control and follow them

Matrix3

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The thing is the assessment. I do not think there should be too many tokens, because neither BTC nor ETH other currencies significantly lag behind, but surprises are possible.

p3ppymon

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Quote from: PPleaseman on November 25, 2017, 04:00:46 PM

Hello. In the beginning i wanted to follow 5-7 projects closely, but then i saw there are so many great projects out there. I also believe into diversifying, if one coin is a bust the other one may make you money.
Actually its quit hard, it seems like ever week more and more projets with good ideas start (so its hard to do a good research). So far i have 40 Coins and i plan to keep it at that number, but who knows

Cheers

Diversification is actually a good thing in order to average and mean the profit and loss. However, in my opinion, 40 coins are actually too many. Not sure what you have but 25% of those will be worthless is a while. Better to exchange some of them into more robust ones.

vfrias

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Activity: 90

Merit: 13

11 is way too much.

Except for Bitcoin, I hodl Litecoin, Decred and giving a shot for a 'small cap' (DeepOnion).

PPleaseman

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Activity: 280

Merit: 100

Hello. In the beginning i wanted to follow 5-7 projects closely, but then i saw there are so many great projects out there. I also believe into diversifying, if one coin is a bust the other one may make you money.
Actually its quit hard, it seems like ever week more and more projets with good ideas start (so its hard to do a good research). So far i have 40 Coins and i plan to keep it at that number, but who knows

Cheers

ployfit

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Activity: 155

Merit: 100

Quote from: Rinder on November 25, 2017, 03:05:28 PM

Currently im with 3-7 altcoins besides bitcoin, i do believe soem altcoins are realy under their real value, and as what happened this year already they should readjust. Besides those the moment of get rich with bitcoin is now possible if you have a big and decent capital, because 8000 dollars its very expensive for the most already, while altcoins are cheaper and has huge potencial as well to grow.

If those are alt coins, that's fine. If they're tokens, it's not fine for you. Tokens of projects are undergoing a huge dump at the moment and the recovery is not happenning fast in there.

Rinder

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Currently im with 3-7 altcoins besides bitcoin, i do believe soem altcoins are realy under their real value, and as what happened this year already they should readjust. Besides those the moment of get rich with bitcoin is now possible if you have a big and decent capital, because 8000 dollars its very expensive for the most already, while altcoins are cheaper and has huge potencial as well to grow.

Kidmat

sr. member

Activity: 774

Merit: 250

Im holding for about 3-5 coins as long we can manage to hold our investment in altcoins it is okay. The time you invest we know our risks for spending money in cryptocurrency. So invest and observe all your coins you hold and sell when you are already in profit.

bitekoin

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ICOs are tricky to predict nowadays, but if you are willing to weather the storms then placing your trust in a solid product like Augur, 0x and even the upcoming RoboAdvisor can have great returns in the long run.

Butchick

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dApps Development Automation Platform

I am currently holding 4 altcoins and bitcoin. The number of coins that you hodl doesn't really matter, what matters is the growth potential of the coin you are hodling and if it can meet the goal that you set on each of them on their specified time. Another thing is your capacity to monitor all of them; to have the time to check and observe on their trends.

uDwcHYO

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depending on what goals you have. The more different coins you hold, the more you diversify the risks. but it also depends on the capitalization.

maarx

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cloverdex.io

Quote from: Mr.Stinson on October 10, 2017, 06:57:36 AM

Hey guys today i have a special question.
i am HODLing 11 different coins right now including bitcoin...it that too much or should i spread even more?

My opinion is make a wide spread so your dont have that big loss. on the other hand also not that big win...

What do you think?

I am planning to buy few coins. Going to start buying LTC, Waves, Ripple, NEO and few more coins as of now. They are booming up in the market. The growth ratio is really steady and trustworthy. Watching out the growth ratio. Hope these coins would really have a good growth.

The Young Turk

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DAVID CHAUM's xx coin SALE IS NOW LIVE!

I think 11 coins are too much because it's hard to keep track of news for each one if you don't have an investment team and you share workload between each of you. I keep it 5 to 8 altcoins. I can follow every coin, news, rumors, development etc. I can follow everything about them. But after 8 coins I can't keep up with all of them.

blacktux88

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Activity: 308

Merit: 10

if its not hurting you hold it until the end of flyling to moon Roll Eyes

Quote from: Mr.Stinson on October 10, 2017, 06:57:36 AM

Hey guys today i have a special question.
i am HODLing 11 different coins right now including bitcoin...it that too much or should i spread even more?

My opinion is make a wide spread so your dont have that big loss. on the other hand also not that big win...

What do you think?

RippleSider

newbie

Activity: 56

Merit: 0

depends on the wallets and secrets you can manage, i would say

Aaroenz0r

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Option Blitz

I am hodling Bitcoin and Stratis for a long term. With short term, I am thinking over to buy Spectre tokens. This is really a potential project. It has raised $10 million

Dutchyyy

legendary

Activity: 1197

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Quote from: Mr.Stinson on October 10, 2017, 06:57:36 AM

Hey guys today i have a special question.
i am HODLing 11 different coins right now including bitcoin...it that too much or should i spread even more?

My opinion is make a wide spread so your dont have that big loss. on the other hand also not that big win...

What do you think?

I'm holding mainly tokens. There is no maximum. I'm trying to invest in any project I see and decide that the project have a good perspective. Check my signature.

However, you should be careful and invest only money you can afford to lose.

scaramanga1337

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