How many cryptocurrencies do you invest in?

lady Royal

hero member

Activity: 720

Merit: 500

Quote from: ulhaq on March 22, 2017, 10:16:56 AM

On the one hand, I would like to diversify due to volatility, but on the other hand, how many of these are actually going to survive? Eventually are we going to have 1 cryptocurrency that is fast, secure, anonymous, can handle smart contracts, and so on, and there will be no reason to use anything else?

I only invested in Bitcoins and in LTC (a while ago).
Bitcoin, is going to survive the reason it is the first decentralized currency and the first crypto-currency and all that its features.
It depends on you how many crypto-currencies you adopt because there is no limit on adopting.

papajamba

full member

Activity: 132

Merit: 100

I have 5 long term coins, 2-3 trading coins

papajamba

full member

Activity: 132

Merit: 100

Quote from: Fastpow on June 23, 2017, 04:22:04 AM

Honestly diversification and subsequently 'forgetting' about your investments is your best bet in crypto's. I'd say invest in approx. 10-15 promising coins or ICO's (depending on your risk profile) and just don't touch them for a year or so.

This is actually a good plan. imagine forgetting about having 5000 btc you bought at $0.10 before, then you learn that it's $2700 today =)

taner32

sr. member

Activity: 364

Merit: 253

i invest . 2 cryptocoins. WAVES and EDG

Fastpow

full member

Activity: 322

Merit: 102

Honestly diversification and subsequently 'forgetting' about your investments is your best bet in crypto's. I'd say invest in approx. 10-15 promising coins or ICO's (depending on your risk profile) and just don't touch them for a year or so.

chineseprancing

hero member

Activity: 630

Merit: 500

For now I have three (3) crytocurrencies investment, the Ethereum, Torcoin and Football coin. But I'm just thinking to buy some coins for trading, because I was encourage my friend to used trading site.

Jitmad

newbie

Activity: 59

Merit: 0

Quote from: JosNekoKopa on June 17, 2017, 07:01:19 AM

Question which one will survive deserves logical answer, those who have enough funds for further development..Decentralized and anonymous transactions. Everything else can be upgraded on this base if need exist. We need an alternative to POW, POS is not good enough. Fast and usable coins with small chains..

I think if you invest in the top 10 PoW coins, it is more likely to succeed.

fedmahnkassad

hero member

Activity: 840

Merit: 500

Twitter: @FedKassad

Quote from: ulhaq on March 22, 2017, 10:16:56 AM

On the one hand, I would like to diversify due to volatility, but on the other hand, how many of these are actually going to survive? Eventually are we going to have 1 cryptocurrency that is fast, secure, anonymous, can handle smart contracts, and so on, and there will be no reason to use anything else?

I really stopped looking into fundamentals much and started playing the charts more than ever.

CryptoPro3

full member

Activity: 182

Merit: 100

Money loves speed

Currently, I invest in 6 coins - BTC, ETH, LTC, WAVES, STRAT, and XRP. I think of all these as long term investments.

harveydent000

newbie

Activity: 25

Merit: 0

currently in 21 but i want to cut that down to 6-10

BTC, ETH, LTC with 50% for long term and the rest for daytrading or ico's....in hope to get a coin with a x1000 raise Tongue

CryptosapienZA

full member

Activity: 378

Merit: 101

Currently only one (BTC) but thats about to change drastically. I am watching 10. As soon as I get my hands on a few dollars, its on.

Partizant

sr. member

Activity: 518

Merit: 257

I hold 7 (major) and 3 for short selling

JosNekoKopa

sr. member

Activity: 476

Merit: 250

Question which one will survive deserves logical answer, those who have enough funds for further development..Decentralized and anonymous transactions. Everything else can be upgraded on this base if need exist. We need an alternative to POW, POS is not good enough. Fast and usable coins with small chains..

Jitmad

newbie

Activity: 59

Merit: 0

Quote from: Rodeo02 on June 02, 2017, 01:36:27 AM

Quote from: rhamzter on June 01, 2017, 02:00:30 PM

Quote from: chineseprancing on June 01, 2017, 01:45:17 PM

As of now I have 200 USD investment on different altcoins. However, I make this investment to earn income even I can't doing anything I earn income in different way. Also, during this investment I think half of this investment were already back to my account.

Wow, you have a lot of money chineseprancing, me I have $50 investment only, I used it for trading however I just want to growth this investment to increased my capital in trading. Moreover I plan to invest in other altcoins to increase my income.

Lol I have $1400 all of my different coins holding right now and I believe it will become more than double when the right time comes.
I'm still waiting for more increase that will happen to my hold coin.

If you have the ZEC or the ETH, it shall double in 12 months.

Rodeo02

hero member

Activity: 1302

Merit: 577

avatar and signature space for rent !!!

Quote from: rhamzter on June 01, 2017, 02:00:30 PM

Quote from: chineseprancing on June 01, 2017, 01:45:17 PM

As of now I have 200 USD investment on different altcoins. However, I make this investment to earn income even I can't doing anything I earn income in different way. Also, during this investment I think half of this investment were already back to my account.

Wow, you have a lot of money chineseprancing, me I have $50 investment only, I used it for trading however I just want to growth this investment to increased my capital in trading. Moreover I plan to invest in other altcoins to increase my income.

Lol I have $1400 all of my different coins holding right now and I believe it will become more than double when the right time comes.
I'm still waiting for more increase that will happen to my hold coin.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: ulhaq on March 22, 2017, 10:16:56 AM

On the one hand, I would like to diversify due to volatility, but on the other hand, how many of these are actually going to survive? Eventually are we going to have 1 cryptocurrency that is fast, secure, anonymous, can handle smart contracts, and so on, and there will be no reason to use anything else?

That may happen but we must not count on that to happen anytime soon, so I think we are going to have a basket of cryptocurrencies that perform different functions depending on the needs of the user, there will be a top coins for every niche and bitcoin will remain on top as the De facto gold of cryptocurrencies for a very long time.

rhamzter

sr. member

Activity: 420

Merit: 282

Quote from: chineseprancing on June 01, 2017, 01:45:17 PM

As of now I have 200 USD investment on different altcoins. However, I make this investment to earn income even I can't doing anything I earn income in different way. Also, during this investment I think half of this investment were already back to my account.

Wow, you have a lot of money chineseprancing, me I have $50 investment only, I used it for trading however I just want to growth this investment to increased my capital in trading. Moreover I plan to invest in other altcoins to increase my income.

chineseprancing

hero member

Activity: 630

Merit: 500

As of now I have 200 USD investment on different altcoins. However, I make this investment to earn income even I can't doing anything I earn income in different way. Also, during this investment I think half of this investment were already back to my account.

clarkgeneral86

hero member

Activity: 1043

Merit: 500

I hold more cash in Bitcoin and Ether than I do in USD. I want to keep them like investment.

chineseprancing

hero member

Activity: 630

Merit: 500

From now my investment were bitcoin, ethereum, footballcoin and Torcoin only, I choose this coins because I believe that this coin had a high potential to increase their value in the market. However, I just want to take the risk of investment because I just want to see how long this coins survive.

Topic: How many cryptocurrencies do you invest in? (Read 5877 times)