I'm now accumulating 15 altcoins, what do you think?

bohr

sr. member

Activity: 994

Merit: 257

Quote from: Questat on November 19, 2019, 06:11:28 PM

Quote from: ?? on ??

I think you need to do some research before buying some alcoin on the market because if you buy altcoin based on feeling, it certainly doesn't rule out the possibility that you will experience a loss, I see that some of your altcoins, not have a large transaction volume at all in the market, like, Ada, bat, hot etc which are coin ICO, the rest I think you collect coins that are quite good and have a high enough price.

You don't do that, its your mind over your emotion that is used when investing, I think OP knows that as its pretty basic when investing.
The fact that he is accumulating 15 coins, this only means one thing, he just want to minimize the risk by diversifying his investment in different projects.

But to our misfortune things to not really work in that way, while in many markets investing in different assets can be a great way to protect yourself in the case one of them fails in this market where there is such a high level of failure rate among most coins you are doing the opposite, the more coins that you buy the greater exposure to risk because there are higher chances that you select a bad project that eventually fails, then the right strategy in this market is to buy as few coins as possible while obtaining the most benefits from them.

Sadlife

sr. member

Activity: 1400

Merit: 269

Quote from: thecodebear on March 31, 2019, 11:56:37 PM

What do you think? I don't pay much attention to altcoins so I haven't done much research on plenty of these.

you have mention for not paying attention to the altcoins and how come that there are tons in your folio and willing to add more?i think you have gone far and need to minimize your action because altcoins are very risky not like bitcoin so better try to figur out again your plans before its too late.

Quote

Anyway, any thoughts or comments would be great! Thanks

i support diversifying since then because i believe that its much safer than All In One,but having more than 10 is too much.adjust to lower and add the percentage to the most you love and trust.

seramania

full member

Activity: 827

Merit: 100

You have chosen the right coin. yes, there I see BNB in your list. You are right and I think you will still be able to get profit. now we must be careful and careful in choosing the type of coin because the loss must be eliminated within us

Questat

hero member

Activity: 2982

Merit: 610

Quote from: ?? on ??

I think you need to do some research before buying some alcoin on the market because if you buy altcoin based on feeling, it certainly doesn't rule out the possibility that you will experience a loss, I see that some of your altcoins, not have a large transaction volume at all in the market, like, Ada, bat, hot etc which are coin ICO, the rest I think you collect coins that are quite good and have a high enough price.

You don't do that, its your mind over your emotion that is used when investing, I think OP knows that as its pretty basic when investing.
The fact that he is accumulating 15 coins, this only means one thing, he just want to minimize the risk by diversifying his investment in different projects.

bohr

sr. member

Activity: 994

Merit: 257

Quote from: Shasha80 on November 07, 2019, 11:52:43 AM

By collecting 15 altcoins in my opinion is not an effective way to get profit. Because there will be difficulties in monitoring it, it's true
we don't need to monitor for 24 hours. Still, we have a hard time making it. My advice it will be more effective around 3-5 altcoins only.
Because who knows of the 15 altcoins will instead become shitcoins, if already become shitcoins instead of making a profit. Selling it
will be difficult. Try to consider again the investment plan in 15 altcoins whether it can bring profit.

Unless you are a very experimented investor or that is your only activity it is going to be very difficult to monitor so many altcoins in an effective way, it is better to concentrate in only a very small number of altcoins that you know in a very profound way, this way as soon as something suspicious happens you'll notice immediately and if necessary you will take any actions that you may need to resolve that situation but with so many altcoins that will be extremely difficult.

janggernaut

legendary

Activity: 2394

Merit: 1131

Quote from: Shasha80 on November 07, 2019, 11:52:43 AM

By collecting 15 altcoins in my opinion is not an effective way to get profit. Because there will be difficulties in monitoring it, it's true
we don't need to monitor for 24 hours. Still, we have a hard time making it. My advice it will be more effective around 3-5 altcoins only.
Because who knows of the 15 altcoins will instead become shitcoins, if already become shitcoins instead of making a profit. Selling it
will be difficult. Try to consider again the investment plan in 15 altcoins whether it can bring profit.

I believe those 15 altcoins aren't bought by OP, most of them should be from ICO or bounty. I myself also have more than 15 altcoins until now which i got them from bounty in 2017. Some of them have been sold and same of them still i hold until now.

Quote from: Btc_1856 on November 12, 2019, 12:30:45 AM

Yes, it is really very hard to purchase 15 altcoins because we need to invest some money from our pocket to accumulate 15 altcoins we need to have more knowledge towards the coins because we have to check their concerned products and developments from the company. Otherwise, it is impossible for us to make a decent profit for holding them.

It's not hard to invest even in 100 altcoins, if you only have 1 coin/token from different coin/token, it's mean you already investee on it

Btc_1856

sr. member

Activity: 1540

Merit: 255

Quote from: andreibi on November 08, 2019, 05:12:56 PM

Jesus Christ, 15 altcoins? That is a lot. I don't know how will you ever track each one of them. But I think it is ok to have 15 different types of coins to diversify and if you got them almost free. But if you ask me, I wouldn't invest hard earn money into 15 coins. Maybe I'll pick 5 solid ones, the rest may be giveaways or airdrops.

Yes, it is really very hard to purchase 15 altcoins because we need to invest some money from our pocket to accumulate 15 altcoins we need to have more knowledge towards the coins because we have to check their concerned products and developments from the company. Otherwise, it is impossible for us to make a decent profit for holding them.

cryptothreads

hero member

Activity: 1274

Merit: 500

Quote from: Wend on November 09, 2019, 05:47:23 PM

Too many altcoins you have Ill think one them are more have future of holding it cause I saw that have a potential one of your altcoins, Are you still holding it right now and how many years you hold that kinds of altcoins? Ill have altcoins in my folio but some of them are in low of price, I'm holding them since a year of 2017 but nothings happen for them so maybe I will remove them in no time if I feel not Interested on them.Their will be chance also becoming a shitcoins and only a cents we can get if Im sell them.

For me, long term coins this year do not bring any profit and only made us lose a lot of money during the past time. Most have only a few coins that can grow well this year and everything is very much dependent on the value of Bitcoin. In fact, altcoin investment will take a lot of time to wait and must analyze volatility to be safer in the bear market.

I personally only care about profit and not have much trust when investing in altcoin because this market is clearly manipulated and this is a game where you have to accept losing money if that coin drops.

Wend

sr. member

Activity: 1400

Merit: 283

DGbet.fun - Crypto Sportsbook

Too many altcoins you have Ill think one them are more have future of holding it cause I saw that have a potential one of your altcoins, Are you still holding it right now and how many years you hold that kinds of altcoins? Ill have altcoins in my folio but some of them are in low of price, I'm holding them since a year of 2017 but nothings happen for them so maybe I will remove them in no time if I feel not Interested on them.Their will be chance also becoming a shitcoins and only a cents we can get if Im sell them.

andreibi

legendary

Activity: 1647

Merit: 1012

Practising Hebrew before visiting Israel

Jesus Christ, 15 altcoins? That is a lot. I don't know how will you ever track each one of them. But I think it is ok to have 15 different types of coins to diversify and if you got them almost free. But if you ask me, I wouldn't invest hard earn money into 15 coins. Maybe I'll pick 5 solid ones, the rest may be giveaways or airdrops.

puremage111

hero member

Activity: 1568

Merit: 511

Well despite you have 15 diff alts, its pretty diversify judging from your portfolio selection

Although you might not be able to gain super huge, as diversified split the risk so does the ratio reward.
But i would say its a good practice in long run

If you invest just into 1 coins, you are expose to huge gain but same towards your risk if you are into those unknown alts

Kurokonobasuke

full member

Activity: 546

Merit: 122

★777Coin.com★ Fun BTC Casino!

Quote from: Shasha80 on November 07, 2019, 11:52:43 AM

By collecting 15 altcoins in my opinion is not an effective way to get profit. Because there will be difficulties in monitoring it, it's true
we don't need to monitor for 24 hours. Still, we have a hard time making it. My advice it will be more effective around 3-5 altcoins only.
Because who knows of the 15 altcoins will instead become shitcoins, if already become shitcoins instead of making a profit. Selling it
will be difficult. Try to consider again the investment plan in 15 altcoins whether it can bring profit.

Indeed. I just like to add, dividing your capital to a lot of altcoins could be risky since each of them has its own volitality swings. Let's say for instance you've gained well in XRP, there's a high chance that you'll end up losing more from other altcouns in your portfolio than you get from the XRP. Thus, your profit for each altcoins could be useless to the sum of your porfolio.

bettercrypto

sr. member

Activity: 1498

Merit: 271

DGbet.fun - Crypto Sportsbook

That is good! But for me holding 15 altcoins is not easy. It requires time and efficiency in terms of trading. 3 altcoins are enough to be profitable specially if you buy them during the crash. I think it is hard to handle 15 altcoins because it might be a cramming for you to sell out them during crash.

Anyway, whatever we using techniques and how do we handle the coins we have, it is a matter how do we hold coins and how do we earn from them.

We can hold such bitcoin and ethereum for long term purpose and trade others altcoin in short term period.

Pelunize12

sr. member

Activity: 658

Merit: 251

sad to see that most of coins you hold is down so much. maybe just few of them can grow such as LINK
most coins which you choose is good and well-known in cryptocurrency, but it doesnt mean that always can be pump
we have to consider the market sentiment too, isnt it bearish or bullish. that's why most coins you hold is down

wxxyrqa

full member

Activity: 1372

Merit: 133

Quote from: suzanne5223 on October 15, 2019, 12:50:14 PM

Quote from: gembira on October 14, 2019, 07:12:55 AM

Quote from: tukagero on August 30, 2019, 09:12:20 AM

you have a nice portfolio out there bro but it would nicer if you take out tron and place perlin together with vdx.

Nice attempt shill your shitcoins which fallen in 3-4 times since you have written this Grin

You're right but every cryptocurrency in the market including bitcoin experience the dump in price. However, your reply is not helpful to the OP cause he's lost and seeking the forum for direction and I will advise the OP to sell all the altcoin he's holding especially VDX cause altcoin which it platform is for eCommerce ecosystem don't thrive these days.

Each of us understands the full degree of risk when you invest in new projects and in old coins. The situation in the cryptocurrency market changes very often and we are not able to foresee everything. Nevertheless, before making investments, you need to not only submit to the result of technical analysis, but also to normal logic. The fact is that it is necessary to logically evaluate the prospects of each project in the future, as well as how much it will be in demand and whether it will be practically applied. Only in this case, a possible project will have good prospects in the future, and the investor a good profit with long-term storage coins.

Shasha80

sr. member

Activity: 1876

Merit: 318

By collecting 15 altcoins in my opinion is not an effective way to get profit. Because there will be difficulties in monitoring it, it's true
we don't need to monitor for 24 hours. Still, we have a hard time making it. My advice it will be more effective around 3-5 altcoins only.
Because who knows of the 15 altcoins will instead become shitcoins, if already become shitcoins instead of making a profit. Selling it
will be difficult. Try to consider again the investment plan in 15 altcoins whether it can bring profit.

numizmat

jr. member

Activity: 154

Merit: 1

This task of choosing optimal altcoins to invest can be mitigated significantly by placing assets into some crypto investment fund, which will rationally redistribute assets depending on the market analysis between different coins and cash.

For example, Crypto10 smart index fund provides investors with exposure to the top 10 cryptoassets by market capitalisation, while limiting loss of capital through a dynamic cash hedging mechanism. The weekly rebalance period allows the fund to be nimble and it would have been able to retain the vast majority of the fund value at the peak of the bull market.

Patrix_1

member

Activity: 364

Merit: 10

This is a great portfolio, you picked old altcoins, as well as new ones and did not forget about the main crypto. In my opinion it is an awesome pile that would bring you good profit, surely when bulls will finally arrive.

suzanne5223

hero member

Activity: 2660

Merit: 651

Want top-notch marketing for your project, Hire me

Quote from: gembira on October 14, 2019, 07:12:55 AM

Quote from: tukagero on August 30, 2019, 09:12:20 AM

you have a nice portfolio out there bro but it would nicer if you take out tron and place perlin together with vdx.

Nice attempt shill your shitcoins which fallen in 3-4 times since you have written this Grin

You're right but every cryptocurrency in the market including bitcoin experience the dump in price. However, your reply is not helpful to the OP cause he's lost and seeking the forum for direction and I will advise the OP to sell all the altcoin he's holding especially VDX cause altcoin which it platform is for eCommerce ecosystem don't thrive these days.

paramind22

hero member

Activity: 2730

Merit: 552

I try to buy low the historical top coins (such as DOGE, LTC) that are sure to cycle up that 30% and then probably fall back down again, where I will buy them again. It's hard to believe in the 200% and over gains we've seen before. I know some new coins are always doing that, and I feel that it will happen again to the top historical coins.

Topic: I'm now accumulating 15 altcoins, what do you think? (Read 15040 times)