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 wonder, you wrote this post on April 1, 2019, what is the status of your portfolio since then? Are you lucrative or lost money? I just asked because I was curious. By the way, you did a pretty nice portfolio, except for HOT, because I don't think hot will rise too high. I'm sure you will be profitable in the long term.