It's a good time to buy a lot of alts, pretty much everything is at a huge idscount right now, but a lot are climbing rapidly again even though prices are still low relative to ATH. The problem with spreading across too many coins though is that you can't really keep up with news on all of them. It's okay for long-term holding, but a bit of a nightmare if you are thinking of chopping and changing and trading some.
Good idea to get a spread across some different use cases though. I definitely agree with that.
Topic: I'm now accumulating 15 altcoins, what do you think? - page 10. (Read 15040 times)
Having lots of altcoins will give you the desired benefits, the movement of each coin will certainly give you benefits, and your strategy is quite good with 15 valuable coins. Surely many will follow in your footsteps and this is a worthy asset to continue to maintain. Every coin will certainly give you benefits and you will continue to race to make a profit on every coin.
@OP, your coin selection is good, they have at least a good market support and most of them are on their low. they also have a solid developer at work so I guess you will take a good profit from your selection. And at this low market it is a good move to start accumulating because the sign of bullish market is already there.
I think you can pick 8 to 10 coins and specially in the green market EOS,BNB,TRON,LISK,STELLER & HOT is good investment. Big coin not good increasing now so small coin is strategically better. Enjin Coin (ENJ) you will add to invest because it's price hopefully will big increase.
15 altcoins have also dropped me too big but it really depends on you because that's what runs you but clearly you have to be careful in choosing which ones you should invest or not because there are so many losses that you will get if you choose wrongly
It is a good list. Especially if the coming bull market is crypto-wide, meaning like the last time when almost every coin out there increased with at least 100% profit. Good job on picking the least risk to moderate to high risk coins.
What do you think? I don't pay much attention to altcoins so I haven't done much research on plenty of these. Or there are coins I've known a little bit about for a while but never done dedicated research on. Just really trying to get a good diversified portfolio of altcoins for the next bull run to go along with my Bitcoin dominated coin holdings.
It is a good list. Especially if the coming bull market is crypto-wide, meaning like the last time when almost every coin out there increased with at least 100% profit. Good job on picking the least risk to moderate to high risk coins.
What I think is that you should be very careful while accumulating all this coins and make sure you do a very good research about the coin before making any investment in them so as not to regret making a decision that you can never recover from, I saw that you actually listed some good coins that have a very good potential and would worth more in the future but some of the coin you also listed are unknown by me and I think more research should be done.
All of your coins look good ones to hold on. How many times each of those will go up is hard to know but your risk is lower with good coins. If we get another 2017 kind of bull run, then it should work out great.
2017 was indeed a good year and the bull run was superb that time. But let's just focus on today, it seems like we have a bull run started already, BTC didn't stay long at $4k level once it broke the resistant
and it reached over $5,000 now, remember that is just less than 24 hours and that is how good and big the bull run can impact.
i think using too much altcoins will bring us more disadvantages than normal because not any altcoin can survivethe bear market or not any altcoins will be pumped in the future to bring you profi, only one or two altcoins will bring you profit, so i suggest you should not keep too much but only 2 or 3 altcoins.
Who knows. You can't tell exactly which coin will make a big run in the future. I don't mind myself holding a big bag of alts if i can afford to do so. And most of these alts may seem useless today but they do have their own value which may be profitable one day. But you have to be a little picky with the 15 coins you'll hold though. Though many if these coins can give you big profit in their own time, many more will end up just being shitcoins.
i think using too much altcoins will bring us more disadvantages than normal because not any altcoin can survivethe bear market or not any altcoins will be pumped in the future to bring you profi, only one or two altcoins will bring you profit, so i suggest you should not keep too much but only 2 or 3 altcoins.
All of your coins look good ones to hold on. How many times each of those will go up is hard to know but your risk is lower with good coins. If we get another 2017 kind of bull run, then it should work out great.
You are throwing away your money.
There is no way all of these altcoins can make huge runs. Some of them have to die off and you'll lose so much money even if some of those make x10-x100 returns.
I'd rather buy %90+ BTC and put the rest on shitcoins.
There is no way all of these altcoins can make huge runs. Some of them have to die off and you'll lose so much money even if some of those make x10-x100 returns.
I'd rather buy %90+ BTC and put the rest on shitcoins.
I don't get what you are saying. As I said in my second post, I DO have 90% Bitcoin. Now that I'm happy with my bitcoin amount that i picked up on the bottom (plus a few i had left over from 2017) I'm moving into altcoins to diversify. Altcoins will only make up 5-10% of my portfolio if I keep buying them for a couple months, so Bitcoin will remain 80% based on initial investment.
And your math doesn't add up. First of all I doubt any of those coins will die off. Even if they did, it would literally only take a single coin doing 10x or so for me to not lose money from a bunch of others going to zero. And I'm betting they all go up by at least 10x in the next couple years. I figure I'm looking for around 20x - 25x average on them.
Most of them are on the top 100 CMC so I think that your portfolio would be fine.
I would also invest in more alt-coin but for now I am just holding and buying more BTC,ETH and BCH I only plan on having few coins in my portfolio since I don't join bounties anymore.
it's pretty good because we do the right thing not arbitrarily in selecting altcoins that are really suitable for us to invest or not we certainly don't want to lose big enough I would also invest in more alt-coin but for now I am just holding and buying more BTC,ETH and BCH I only plan on having few coins in my portfolio since I don't join bounties anymore.
I see the market is very green now, all altcoins go up, including my review coins like ADA, BNB, EOS and ETH, if you have bought them from a long time ago now it has gone up very much
For that numbers of altcoins you're holding, it absolutely will give you more profits but just be sure that you can manage them all otherwise you'll be losing.
There is no problem with that numbers if we are a full time trader or being crypto works all the time as we know the trend of all the coins that we are holding. But for those who haven't in full time, it gonna be a big risk for us. If that so, we have just to stick in few coins which to think that is very manageable for us.
There is no problem with that numbers if we are a full time trader or being crypto works all the time as we know the trend of all the coins that we are holding. But for those who haven't in full time, it gonna be a big risk for us. If that so, we have just to stick in few coins which to think that is very manageable for us.
Having accumulated bitcoin once it dropped under $3000 from late november until early March, I've now switched over to diversifying out with an altcoin spread. I picked up 15 altcoins last week, will continue buying for the next couple months probably.
I might add a few coins, but what do you think of my altcoin spread. Note that I already own a lot of BTC, a good amount of ETH, and a little BCH and LTC and DOGE. I don't plan on buying more of those coins.
XRP
EOS
Stellar
Binance coin
XMR
LINK
HOT
WAVES
BAT
Vechain
ADA
ONT
Tron
Zcash
ZIL
I will add to my allotments in all of those. I was also thinking about picking up some:
Tezos
OMG
Lisk
Maker
Decred
ENJ
DASH
STEEM
What do you think? I don't pay much attention to altcoins so I haven't done much research on plenty of these. Or there are coins I've known a little bit about for a while but never done dedicated research on. Just really trying to get a good diversified portfolio of altcoins for the next bull run to go along with my Bitcoin dominated coin holdings.
Sidenote:
I feel like EOS is the coin I think could gain the most out of those. I could see the next bull run taking it over 200 billion market cap (I could see xrp, eth, and eos at the next peak all getting to around the market cap bitcoin had on the last peak >250 billion). But then i just started doing research on it and saw it was designed to be centralized, and the founder even seems to reject decentralization which is pretty dumb. I mostly think its gonna go crazy cuz I see that right now it is destroying ETH in terms of usage of dapps, so i'm wondering if its gonna take the dapp lead from ETH during the next bull run.
Anyway, any thoughts or comments would be great! Thanks
I might add a few coins, but what do you think of my altcoin spread. Note that I already own a lot of BTC, a good amount of ETH, and a little BCH and LTC and DOGE. I don't plan on buying more of those coins.
XRP
EOS
Stellar
Binance coin
XMR
LINK
HOT
WAVES
BAT
Vechain
ADA
ONT
Tron
Zcash
ZIL
I will add to my allotments in all of those. I was also thinking about picking up some:
Tezos
OMG
Lisk
Maker
Decred
ENJ
DASH
STEEM
What do you think? I don't pay much attention to altcoins so I haven't done much research on plenty of these. Or there are coins I've known a little bit about for a while but never done dedicated research on. Just really trying to get a good diversified portfolio of altcoins for the next bull run to go along with my Bitcoin dominated coin holdings.
Sidenote:
I feel like EOS is the coin I think could gain the most out of those. I could see the next bull run taking it over 200 billion market cap (I could see xrp, eth, and eos at the next peak all getting to around the market cap bitcoin had on the last peak >250 billion). But then i just started doing research on it and saw it was designed to be centralized, and the founder even seems to reject decentralization which is pretty dumb. I mostly think its gonna go crazy cuz I see that right now it is destroying ETH in terms of usage of dapps, so i'm wondering if its gonna take the dapp lead from ETH during the next bull run.
Anyway, any thoughts or comments would be great! Thanks
The most important thing in your portfolio, how liquid it is. Can you sell the tokens anytime without big losses to BTC and convert to USDT.
I would say that you have a pretty stable and reliable portfolio with medium risk and a high risk-reward ratio.
I think XRP, EOS, Stellar, Binance coin, ADA is currently having a positive trend. they have large volumes on some exchanges, experiencing a price increase in one month ago. I think this is good altcoins.
You certainly have a good list there am sure if not all the coins make it through some will definetely live up to a perfect gain so just keep doing what you do and am sure you might make a good portfolio
A good portfolio that can provide good profit in the future. I hope you got it before the increase and were already make some profit. You have extra time to collect, just go ahead.
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