Author

Topic: How many cryptocurrencies do you invest in? (Read 5877 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: 2534
Merit: 1338
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.
hero member
Activity: 1274
Merit: 513
I hold some $10-$50 worth of most cheap alts that are available on poloniex. It's my ticket to becoming a millionaire. Right now the biggest asset I won is 300 000 siacoin. BTC and ETH is a good way to win +50% or even double your money, but that won't change my life, so I go for the gamble with alts.
I think ethereum and bitcoin is one of the good investment and for sure the price of this coin will increase more in the future. I think this two can change your life if you have hundreds of bitcoin and ethereum for sure you will become rich after few years of holding. Many peple as of now investing in bitcoin and ethereum so the price is continously increasing so its better buy bitcoin and ethereum and hold it to make a lot of profit.
hero member
Activity: 1568
Merit: 511
Around 8-10 i guess

Ark
Iconomi
Janus
Spectre
Neutron
Exclusive
Transfer
Safex
Bata
newbie
Activity: 24
Merit: 0
I hold some $10-$50 worth of most cheap alts that are available on poloniex. It's my ticket to becoming a millionaire. Right now the biggest asset I won is 300 000 siacoin. BTC and ETH is a good way to win +50% or even double your money, but that won't change my life, so I go for the gamble with alts.
sr. member
Activity: 1190
Merit: 306
Man, if you're going to diversify, do it with other assets besides crypto.  I think it's nice to have a little basket of bitcoin and assorted altcoins, but nothing in crypto is guaranteed.  You need to be in the stock market AND have cash reserves.  And probably some precious metals and bonds thrown into the mix.  That would be some true diversification. 

Pick good crypto, not shit coins.  Stuff like LTC and the like.  Don't listen to these balloon heads on this forum telling you to buy their pet shit coin.  That's a sure way to lose money.
sr. member
Activity: 994
Merit: 391
3 coins at the moment, ethereum, belacoin and gridcoin research. But i am not satisfied with the distribution of my portfolio and will change it as soon as possible. I want to buy Pinkcoin, Einstenium and Golem. I also want to join ICO of SunContract Token.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
Pretty little since I don't truly trust those shitty project wondering aroumd since i want to make sure that the project what I am going to invest with is a solid project that have potential future of big pumps up and for now i only see few of them has been build right now so I will just monitor and read to get further information about the coins on my whitelist.
newbie
Activity: 4
Merit: 0
Invested in 10 right now. All are pretty common holds though.
jr. member
Activity: 75
Merit: 2
member
Activity: 126
Merit: 10
btc ,eth, waves and mobilego
legendary
Activity: 1078
Merit: 1059
FROSTING
RLC , 1ST , ICN EDG , ZEC and GUP > 1000 $

HMQ , REP , ETH < 1000 $
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
If crypto currency gets widely accepted, there are going to be more than one coin existing in the market. Different coins have different features which different people might like. Currently focusing on few coins, mainly BTC, LTC, UNO, NXT.
member
Activity: 96
Merit: 10
12 at the moment but I'm going to sell off once prices rise again and make a smaller portfolio. Around 3-5 coins I think
newbie
Activity: 7
Merit: 0
18 at the moment Roll Eyes, but I am considering reducing and rebalancing my portfolio as soon as possible..
hero member
Activity: 966
Merit: 501
Right now I'm playing with 8 currency, but looking to go to 10.
sr. member
Activity: 1050
Merit: 295
Right now, I've settled for LBC, LSK, STEEM, GNT, DGB, SC, and ZRCoin
full member
Activity: 140
Merit: 100
Peace not piece.
I have many altcoins in exchanges site because Im trader I think i have 20 different altcoins like ethereum, dash ,litecoin, zcash, monero, Xmr , pesobit , tor coin and many more. If you have many altcoins for sure you can earn bitcoin everyweek. I invest to that coin because I see the potential I believe one of them become popular in the duture so its better if you invest in different altcoin now if you have extra money in your pocket.

Please list altcoins which have active dev teams.
hero member
Activity: 1274
Merit: 513
I have many altcoins in exchanges site because Im trader I think i have 20 different altcoins like ethereum, dash ,litecoin, zcash, monero, Xmr , pesobit , tor coin and many more. If you have many altcoins for sure you can earn bitcoin everyweek. I invest to that coin because I see the potential I believe one of them become popular in the duture so its better if you invest in different altcoin now if you have extra money in your pocket.
member
Activity: 105
Merit: 10
espers and insns,hope for the wonder Cheesy
sr. member
Activity: 420
Merit: 282
I was already invest into four (4) crytocurrencies, I made this because the four (4) crytocurrencies I selected were shown of potential to become top currency in digital currency. Also, it seems that this altcoins/crytocurrencies had an ability to excel by itself.
sr. member
Activity: 798
Merit: 250
homt.net
I have invested my bitcoin in ZRCOIN a commodity baked coin which i believe will do very well in future
newbie
Activity: 2
Merit: 0
I've went through many transitions over time.
I started with BitCoin, then LiteCoin, a bit later to make my highest profit ever as a joke from DogeCoin - I focused on them for several weeks.

Right now I have shifted into Monero, Eth and BitShares.

Unfortunately some of the coins I was interested in did not succeed, but in the grand scheme you have to give something to receive.
full member
Activity: 182
Merit: 100
In bitcoin because i more focus on bitcoin and i invest it because it most trusted and i have more profit to get in bitcoin best currency to invest. Because bitcoin i still most familiar, it has great value and many uses. But i was planning to invest also in Ethereum because maybe the value will high and up and it also a long term it also a most potential.
sr. member
Activity: 532
Merit: 250
2, Bitcoin and Ethereum Classsic
sr. member
Activity: 882
Merit: 269
My major investment is in bitcoin. I hold this major investment in  it because  of it values and acceptability in my area. I also has some value in litecoin and lisk. Just last week alone I make over 208% profit from lisk and 25% in litecoin. I only trade with others altcoins most time.
member
Activity: 70
Merit: 10
My portfolio:

majorly: BLK, GNT, ARDR, ETH
minorly: DOGE, LTC, XEM, RLC
newbie
Activity: 36
Merit: 0
Since I believe 99% of altcoins are shitcoins that will die out in the near future and next big bear trend, I only have 3 of them: BCAP, ANT, WAVE
newbie
Activity: 59
Merit: 0
I'm in like 20 coins but I want to chop this down as the diversification has turned into me spreading myself too thin.

Looks too me that is too much. I agree with your that you need to down. Diversification is good, but I suggest like to have 5-6 coins only. And only invest on coins that has a good developer to back it up and also look at the price and trading volume as well. I think with 20 coins, its hard to monitor every coin in your portfolio.
20 coins?are you crazy?I only hold 5 coins,and even think is too more.

20 bitcoins is a lot of money. Not many people own that amount.
sr. member
Activity: 294
Merit: 250
I'm in like 20 coins but I want to chop this down as the diversification has turned into me spreading myself too thin.

Looks too me that is too much. I agree with your that you need to down. Diversification is good, but I suggest like to have 5-6 coins only. And only invest on coins that has a good developer to back it up and also look at the price and trading volume as well. I think with 20 coins, its hard to monitor every coin in your portfolio.
20 coins?are you crazy?I only hold 5 coins,and even think is too more.
legendary
Activity: 1848
Merit: 1001
10 majorly

BTC
LTC
UNO
NMC
PPC
IXC
BLK
NXT
ARDR
ZET

7 minorly

SYS
CBX
CCN
XJO
FLAX
CHAO
OFF

I just offloaded PR, DOGE & RDD en route to 7 & 7

Its a full-time hobby/lifestyle
hero member
Activity: 1540
Merit: 507
I'm in like 20 coins but I want to chop this down as the diversification has turned into me spreading myself too thin.

Looks too me that is too much. I agree with your that you need to down. Diversification is good, but I suggest like to have 5-6 coins only. And only invest on coins that has a good developer to back it up and also look at the price and trading volume as well. I think with 20 coins, its hard to monitor every coin in your portfolio.

Yea it has become a full time job almost.

Hard to control, Every time the price possible to get dump, hard to store on the safe place. I don't investing on a lot of the kind of currencies. It just give me another risk about my money. just investing on some which have a lot of the potential.
member
Activity: 97
Merit: 10
I have decided to go all in on an ICO: Veritaseum Veritas ... I get the most bang for my buck. I will probably begin investing again in BTC and ETH but Veritas are 99% of what I own right now

https://docs.google.com/presentation/d/1FMyNvogofqojqG6nkIjgvvjAnsWs1qOtKUFExvtp_m0/pub?start=false&loop=false&delayms=3000&slide=id.p
sr. member
Activity: 537
Merit: 250
I'm in like 20 coins but I want to chop this down as the diversification has turned into me spreading myself too thin.

Looks too me that is too much. I agree with your that you need to down. Diversification is good, but I suggest like to have 5-6 coins only. And only invest on coins that has a good developer to back it up and also look at the price and trading volume as well. I think with 20 coins, its hard to monitor every coin in your portfolio.

Yea it has become a full time job almost.
hero member
Activity: 2632
Merit: 833
I'm in like 20 coins but I want to chop this down as the diversification has turned into me spreading myself too thin.

Looks too me that is too much. I agree with your that you need to down. Diversification is good, but I suggest like to have 5-6 coins only. And only invest on coins that has a good developer to back it up and also look at the price and trading volume as well. I think with 20 coins, its hard to monitor every coin in your portfolio.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
I'm invested in 1
sr. member
Activity: 537
Merit: 250
I'm in like 20 coins but I want to chop this down as the diversification has turned into me spreading myself too thin.
legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
I only invest in Bitcoin. All of the others I use for day trading. I can go through handfulls of coins in a week sometimes. But, if I were to invest in a coin for longer term as in until about the end of the year, I would probably buy STEEM.
full member
Activity: 191
Merit: 100
Audentes fortuna iuvat
Just now I'm invested in 2 Coins for longterm, in 8 Coins for daytrading and in 3 ICO's

which coin ?
newbie
Activity: 52
Merit: 0
Just now I'm invested in 2 Coins for longterm, in 8 Coins for daytrading and in 3 ICO's
hero member
Activity: 560
Merit: 501
Invested in about 7 coins, but how much i invested in each differs. So i would say mainly, i am invested in 3 altcoins, Iconomi, Darcrus and Stratis.
hero member
Activity: 2730
Merit: 552
You can't go wrong mirroring what's happening on Poloniex.  That's a good suite of coins.  It's too hard to just look at CMC and see the obscure ones that go up 300% and think you can find them ahead of time.  Reading the annoucement thread is good but it takes a lot of time to know what's really going on.  If you just want to make money, stick to Poloniex coins, but if you want to use your heart, have fun and read up on what people are developing.  I'm trying to do both. 
newbie
Activity: 59
Merit: 0
Take buy top 10 crypto and keep

Maybe top 20.
member
Activity: 62
Merit: 10
I invest in golem, maid and ardor, I believe they have very big potential
member
Activity: 74
Merit: 10
Take buy top 10 crypto and keep
newbie
Activity: 18
Merit: 0
Somewhere between 30 and 50.

Don't get me wrong, I'm not afraid to dump stuff.
hero member
Activity: 749
Merit: 507
I'm watching new ICO's very close. I buy and sell almost all of them. I played with Pivx, Ark, Incent, Trust, Edg, Waves, Komodo. There are too many new ICO's out there. Bittrex list them very quick and we can trade it right after ICO ends. I don't want to hold too many coins at the same time, most of the time I buy a coin and sell it to buy another one. If it reaches my target price I sell without think twice. Putting a target price for sale is the key factor here.
newbie
Activity: 30
Merit: 0
Dash last time have a lot of good info, can check in dash.org , but bad news for minner all ASIC was sale via Baikalminer Sad
only masternode give a good profite 8% per year in DASH.


I have XMR, DCR, BTC, ETC ,GNT (golem supercomputer) DASH , SJCX I think all will be a good invest in 3years perspective
newbie
Activity: 49
Merit: 0
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?
Only BTC and ETH at the moment. Always on the lookout for more though!
sr. member
Activity: 910
Merit: 255
Grin
long time : ETC ETH MUSICOIN EDG WAVES
short time VIA BTM NAUT

 Wink
newbie
Activity: 59
Merit: 0
75% BTC, 1-2 strong alts to hold, and no more than 4-5 alts to trade daily.
I don't like to do more than this, as you start losing control (or investing too much time).

I do the same. I only trade the XMR, ETH and ZEC.
sr. member
Activity: 279
Merit: 254
75% BTC, 1-2 strong alts to hold, and no more than 4-5 alts to trade daily.
I don't like to do more than this, as you start losing control (or investing too much time).
hero member
Activity: 546
Merit: 500
Two.  I hold most of my money in Bitcoin, then I switch a little bit into whichever be altcoin I think has potential to rise significantly in the near future.  I don't want to risk my holdings too much by putting a lot into different shitcoins.
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
I wish to invest $100 each in top 100.

And profit is guaranteed. Wink
Fuck that, profit is never guaranteed, and it's not like anyone has any inside info on cryptocurrencies.

OP, you could lose your shirt trading altcoins.  There's no predicting what they're going to do and the volatility is insane.  It's even insane for bitcoin itself.  The degenerates over in the gambling section will always tell you this:  Don't gamble what you can't afford to lose, and that holds true for investing in altcoins.  If I could give you any decent advice, it would be to stay away from the shittiest shitcoins, which are the ones that trade for a few satoshis each on places like Yobit.  The market is extremely thin, and you'll have a very hard time getting the prices you want.  Stick to the bigger ones if you must trade.  And don't listen to anyone on this forum, including me.  Smiley
sr. member
Activity: 503
Merit: 286
What part was not clear? If the graph is not (the dates are on the bottom), you can also download the values in .csv format. Here is an explanation of how the index was constructed:

http://alt19.com/marketindexes.html
full member
Activity: 140
Merit: 100
Peace not piece.
I wish to invest $100 each in top 100.

And profit is guaranteed. Wink

I am not sure if you are being serious, but this is a terrible idea. Look at the performance of the index on http://alt19.com/. It uses a similar methodology as you and it has lost about 95% of its value.

I am a bit retarded but if you look at the numbers the amount of green is way higher than red?

You are not looking at it correctly. Scroll to the bottom and click on alt indices in the dropdown. Take a look at the graph and you will see what I mean. A few years ago the vast majority of the cryptocurrencies are not even existing today. The previous person wanted to invest $100 in 100 cryptocurrencies. That is very similar to the altcoin index. Yes, the ones that now exist are doing well. It is called survivorship bias, and a few years ago ppl did not know what would be existing now, just as now no one knows what will exist in the future.

Very bad website.

I have acted upon your suggestion and still its not clear what its telling. Rubbish!

I wish to invest $100 each in top 100.

And profit is guaranteed. Wink

I have invested in 5 of the top 10. I think it is quite profitable.

If you diversify more your magnitude of result would increase whether profit or loss.
newbie
Activity: 59
Merit: 0
I wish to invest $100 each in top 100.

And profit is guaranteed. Wink

I have invested in 5 of the top 10. I think it is quite profitable.
hero member
Activity: 686
Merit: 500
Currently 2, in about a month that will be 3, because I don't have much time to research all the coins out there I have to be selective.
So for now EnergyCoin and GameCredits, in about a month MobileGo will the 3rd
sr. member
Activity: 503
Merit: 286
I wish to invest $100 each in top 100.

And profit is guaranteed. Wink

I am not sure if you are being serious, but this is a terrible idea. Look at the performance of the index on http://alt19.com/. It uses a similar methodology as you and it has lost about 95% of its value.

I am a bit retarded but if you look at the numbers the amount of green is way higher than red?

You are not looking at it correctly. Scroll to the bottom and click on alt indices in the dropdown. Take a look at the graph and you will see what I mean. A few years ago the vast majority of the cryptocurrencies are not even existing today. The previous person wanted to invest $100 in 100 cryptocurrencies. That is very similar to the altcoin index. Yes, the ones that now exist are doing well. It is called survivorship bias, and a few years ago ppl did not know what would be existing now, just as now no one knows what will exist in the future.
hero member
Activity: 714
Merit: 500
For now only 2, but usually the number is between 2-5. And I try not to go with coins at the bottom, I know profit their could be 10x or more but I stick with the upper portion and try to rely on the regular pump and dump and get the small percentage of profit each time. I feel it is less risky.
legendary
Activity: 2730
Merit: 1288
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?

No we will not have one currency. We dont have one today either. With crypto we will have 1000 times more currencies as today or more.
sr. member
Activity: 406
Merit: 250
10 different crypto currency in my portfolio which are currently on top 30. I believe investing on top crypto currency will help you somehow avoid major risk in the future.
full member
Activity: 140
Merit: 100
Peace not piece.
I wish to invest $100 each in top 100.

And profit is guaranteed. Wink

I am not sure if you are being serious, but this is a terrible idea. Look at the performance of the index on http://alt19.com/. It uses a similar methodology as you and it has lost about 95% of its value.

Not sure what its telling?
legendary
Activity: 3346
Merit: 1214
Payment Gateway Allows Recurring Payments
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?
It is easy to tell coins that are going to survive,coinmarketcap and coingecko is still the best guides on coins that are likely to survive because of comunity support and trading volume,I have stakes on 20 coins on the top 40 coins in the coinmarketcap..
hero member
Activity: 493
Merit: 551
Investing in ETH and XMR is enough for me. Active development and interesting technology. DASH is a marketing joke, Zcash based on "trusted setup".

XMR and ETH are here to stay, others come and go (and usually take your money with them).
member
Activity: 114
Merit: 10
I wish to invest $100 each in top 100.

And profit is guaranteed. Wink

I am not sure if you are being serious, but this is a terrible idea. Look at the performance of the index on http://alt19.com/. It uses a similar methodology as you and it has lost about 95% of its value.

I am a bit retarded but if you look at the numbers the amount of green is way higher than red?
member
Activity: 98
Merit: 10
I currently have 2.

If I was investing properly in the crypto space and not just playing around with a bit of spare change I would probably have at least 20, and some of that would be small amounts of money in tiny market cap cryptos in the hope one of them goes up 1000x.
sr. member
Activity: 273
Merit: 252
How many cryptocurrencies do you invest in?

5-7.

diversification is everything when it comes to investing, period. for people relying on (or believing) in bitcoin alone is foolish... i've used bitcoin profits to buy/hedge other alt's, and have had insane returns doing so. i always sell a % when a pump happens to recoup principle, then reinvest into something else. some alt's i'm long term, others i play by ear.
sr. member
Activity: 503
Merit: 286
I wish to invest $100 each in top 100.

And profit is guaranteed. Wink

I am not sure if you are being serious, but this is a terrible idea. Look at the performance of the index on http://alt19.com/. It uses a similar methodology as you and it has lost about 95% of its value.
sr. member
Activity: 503
Merit: 286

I think this is a rhetorical question.

How is this a rhetorical question? The majority of ppl on this sub-forum trade. So everyone is already making decisions on it.
hero member
Activity: 3080
Merit: 603
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?

Yes we had that 1 crypto currency that you had mentioned already that is fast, secure and anonymous. But it's up to you on how you are going to see those coins survive, I suggest that just go with the most popular coins and has an history of pump and dump. People will pump that again when the price is dump.

I wish to invest $100 each in top 100.

And profit is guaranteed. Wink

This is what I'm wishing to do too.
sr. member
Activity: 319
Merit: 250
I would wait out simply because the price of all the major alt coins have touched the all time high valuation and i am sure i wanted to risk anything now with it,i would really hold out and let the prices settle and then i would make a decision on what to do next ,until then i will stick with bitcoin.
sr. member
Activity: 854
Merit: 305
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 think this is a rhetorical question. U can buy some alt ( for expample ETH) on 100% of the deposit and forgot about risk diversification , than sell all u coins when this alt make x2 or more if u have steel balls Grin. Or u can buy 10 shicoins on 10% of u deposit and look how someone grow and someone down, mb after 2-3 month u can make some profit or no) I think that the major thing why u must buy or sell some shitcoins - is Chart, and if chart tell u that this coin make x2 after 2-3 weeks - u must buy it, and if u see 2 or more chart where shitcoin on the bottom u can buy all of them) For example 3 weeks ago 80% of alts stay at the bottom and if u buy it, u now you would be rich Grin
full member
Activity: 140
Merit: 100
Peace not piece.
I wish to invest $100 each in top 100.

And profit is guaranteed. Wink
full member
Activity: 224
Merit: 100
Building Wealth through AI and the power of the bl
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?

Very hard to predict which coins might survive in future. I don't think we will end up using just a single coin, we are entering into a future where we will get use many tokens/coins which will offer various functions than just store value. It can be ownership, dividends or for other functions. I think it best to get into Dapp tokens such as ICN, SNGLS, GOLEM, DCT, ETH, ETC and many more. Diversify and book profits when you get some good returns.
sr. member
Activity: 1176
Merit: 301
Right now I am only interested in bitcoin but I am planning to go to some trading site so,
I might buy some alt-coin hope that I can get some decent profit by doing it.
sr. member
Activity: 503
Merit: 286
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?
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