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Topic: How many cryptocurrencies do you invest in? (Read 5924 times)

hero member
Activity: 720
Merit: 500
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.
full member
Activity: 132
Merit: 100
I have 5 long term coins, 2-3 trading coins
full member
Activity: 132
Merit: 100
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 =)
sr. member
Activity: 364
Merit: 253
i invest . 2 cryptocoins. WAVES and EDG
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.
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.
newbie
Activity: 59
Merit: 0
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.
hero member
Activity: 840
Merit: 500
Twitter: @FedKassad
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.
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.
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
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.
sr. member
Activity: 518
Merit: 257
I hold 7 (major) and 3 for short selling
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..
newbie
Activity: 59
Merit: 0
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.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
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.
legendary
Activity: 2716
Merit: 1383
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.
sr. member
Activity: 420
Merit: 282
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.
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.
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.
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.
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