Topic: I'm now accumulating 15 altcoins, what do you think? - page 4. (Read 15016 times)

I am a fan of diversifying because I believe that in cryptocurrency there’s no chance in profiting good doing “All In”(even bitcoin investing not unless you can wait for longer time then chances are you may accumulate good amount)because the more coins accumulated is the more chances of getting profit soone.
Why hill of those you had chooses Ripple(XRP)?being centralized can be harmful for people like us who believe in decentralized marketing and investing

TRON really looks like a hype project if recent blams of its founder had so negative affect on the price of the token. I guess the rest altcoin in the list might bring profits in the future. I would concentrate now more on Binance Coin and Ethereum. They seem to be the leaders on the market for a long time. Monero will be also a very good choice - this crypto follows BTC changes all the time.

Considering the overview, this is a good investment list and limits the risk, even if the market is in a difficult time, everything remains at a level we can accept but if this situation persists, this investment will be a big worry when altcoin is on the list, it is still falling every day, not much, but the accumulation will be significant. Therefore, we should plan to liquidate some altcoin, holding altcoin in accordance with the current trend, eliminating outdated products, holding too much altcoin will be dangerous at this time.

Most of the altcoins chosen by Op comes on the top of Coinmarketcap. This means

• Low risk on the investment
• Have good trading volume
• Listed on trusted exchanges
• Continued development
• Increase in partnering to
  widen the marketcap

This makes the portfolio strong and the loss won't be big even when there is hard crash in the market

your altcoin investment is very good and this will provide a large profit, but I see prices for now such as ethereum and bnb are good to buy because they will provide large profits with quality and volume in trading. You are very great and brave with speculation in many altcoins with your money

Congrats on that. Its good to accumulate alts when prices are low. Some are for long term so if you got the funds, go buy and hodl. Some are good for short trades too.

I'd advice you to invest in XSN as well, even if it's a low cap project. It's a project that enhances the user experience of BTC and LTC massively by utilizing the Lightning Network in a decentralized way, never seen before. Through masternodes the whole setup is decentralized, and flawless.

Bitcoin will NEVER go mainstream in it's current state. Why? Here's why:

On-chain, Bitcoin is capped at 7 tx/sec. The more activity the network sees, the slower transactions become.
As it grows in value, fees increase as well.
Lightning allows for a theoretically unlimited number of transactions at near-zero fees, but it has seen stagnant growth because there's little financial incentive for individuals to adopt it on their own.
XSN's solution involves using its decentralized MN network and the collateral locked in them to rout payments, act as watchtowers, and provide a ton of liquidity for transactions.
This will bolster Lightning without centralizing it.

As XSN is inflationary, the supply will slowly increase over time and allow more masternodes to participate.
With this design and approach, BTC will be able to scale and take on much heavier workloads without hitting any major bottlenecks down the road.

Additionally, XSN's masternodes are going to use lightning to restore some of BTC's inherent privacy and anonymity that was compromised by CEXs and KYC.
By embedding TOR into the network and implementing lightning atomic swaps, anyone will be able to instantly and privately swap a wide variety of coins without ever having to send them somewhere that is out of their control. This will greatly minimize the need for businesses that accept crypto to adopt 10 different types of coins as so many of them can be instantly swapped into BTC.
Imagine a standard Bitcoin qt wallet with an extra tab that offers everything that a full scale exchange has and you have the essence of Stakenet.

I'm obviously biased, since I invested some of my portfolio in XSN, but I see huge potential in the project, since it's not a direct competitor to BTC, but rather enhances the overall user experience.

I guess is lies is really gaining him lots of attraction because the rate at which TRON is really gaining so much popularity is really impressing but if we are to keep sentiment aside, Justin really came up with a unique technology also, he might have been lying to create popularity for himself and hype for the coin, but at least when people get to accept the coin, they will see that it is not just an empty vessel.

So, I think that TRON too is also a very good investment as it has lots of great future ahead of him, forget about his lies, but look at the technology of the project itself, you would find that it is a project that will be a successful one in future when it becomes massively used. Other projects the op mentioned are also good and they basically form part of my portfolio also.

I like your selection of alt coins, except for TRX. I seriously wouldn't invest in anything that Justin Sun is involved in. Too many lies, broken promises and delays. Also, when U.S. traders exit Binance on 12 September, the price of TRX, BTT & WIN will be affected.

Everything has changed, even the cryptocurrency market. 4 months will give a chance for the coin to changed too, and he makes the right decision to sell his not worth to hold and buy another altcoin which has potential to increase later.

That is good if he moved all funds into bitcoin, and I think that his plan will works good because now we are seeing bitcoin price is getting up so who knows, this time bitcoin can lift the level, and break the higher rate. But still, the altcoin will have the time to increase, and I think his list always be good anyway. So maybe after bitcoin rally, it is turned for the altcoin to start the rally and that means, the bull run is coming.

Amaze to see that you had updated regarding on your situation after 4 months you create this thread.I cant blame you that you do sold out majority of them and focusing or heavily switch up or more ration in Bitcoin.The question is, are you in positive with your capital or invested amount? If does then its okay even you do sold out those alts.

I ended up getting rid of most of these altcoins i picked up. The altcoin market was booming in March and April but since then it has sat back and watched Bitcoin dominate. I figured Bitcoin would gain back a lot of market share and probably end up back at 70% something, but I didn't think it would do so this fast and the altcoins would just sit around not doing anything for months. Anyway so I only kept Link, Doge (just cuz I have it on robinhood so i can't trade it directly for something else), and kept the LTC, and ETH i already had. I sold the other like 18 or 20 altcoins I had picked up and moved all that into Bitcoin. I think we likely won't see another altcoin boom like we saw with the ICO boom. I'm sure some altcoins will still gain a lot (for example I'm still over 5x up on my LINK), but I think Bitcoin will stay with a high percentage of marketshare.

I'm in to bitcoin and altcoin deeply, all these are passive income that if they pump up, you could earn more than your salary. They are lots of altcoins that are worth investment, I invest little in them and after monitoring it for a while, I decide if worth further investment or not.

Hardly any of them, if any, are obscure. The last coin i picked up was just $100 worth of NULS, which I'd say is the only obscure coin, though its still in the top 100. The rest are almost all in the top 50.

I still have a very tiny amount of NEO sitting on an exchange from like 2017.

I actually stopped getting altcoins now. I have 23 coins in total now, 19 of them altcoins I've bought recently. Well and a little NEO and I think Digibyte which are very small amounts I have left over from 2017, so 25 coins total if you count those.

I don't think I'm gonna get any more altcoins now, I decided to make one last bitcoin buy today instead of putting that into altcoins. Probably done accumulating crypto now, other than putting some money on an exchange in the coming months just to trade bitcoin for fun and make some extra money in the short term.

My final altcoin list that I picked up this spring, in addition to BTC, ETH, LTC, and BCH, (and tiny bit of NEO and DGB that I've basically forgotten about) that I already had, in order of how much I bought:

EOS
DOGE (actually this i bought back in November but I'll still count it here since it was the start of my accumulation for this bull run)
XRP
XLM
BAT
TRX
XMR
ZEC
HOT
VET
BNB
ADA
LINK
ZIL
DASH
ONT
DCR
WAVES
NULS


I had planned on possibly picking up a few more and buying more of some of these but I instead bought a bit more bitcoin today to finish up my accumulation phase for this bull run.

Bitcoin, at current prices, comprises 89.8% of my portfoilo, ETH is 4.3%, and other altcoins are 5.9%. Though altcoins are down a bit right now from the average when I bought them while Bitcoin is obviously up since then.

I'm not huge into altcoins, but I've owned a few and right now I'm interested in coins you can stake.  Passive income has great appeal for me, though there aren't any good coins that I know of where the return is all that high--but IMO they're worth playing around with. 

What about NEO?  Their wallet is one of the best I've seen, and you can earn GAS without having to have the wallet open 24/7.  Right now the price is pretty low relative to where it's been in the past, so now might be a good time to buy.  And the other coin I've been buying is PIVX and have earned some interest on it so far.

I didn't even recognize some of the coins OP listed, but I'm pretty sure the more obscure ones are really risky.  I'd probably stay away from coins that aren't very well known, as they might have thin markets and could be hard to sell when it comes time to do so.

At this time, you have definitely benefited a lot, especially from binance coins, for other coins, my advice is to keep holding until the bitcoin price reaches more than $ 6000, so your accumulated profits are more than now.

I don't think that holding lots of altcoins is a good idea, moreover every altcoin has a considerable risk. holding lots of altcoins
will also make you confused and complicated, I think having 5 altcoins is quite profitable, and certainly safer mate

Back in the day when Bitcoin and altcoins are switching to grow but now it is difficult to switch invest since both Bitcoin and altcoins are in the same way. Diversifying may be good when the market is in bullishness but it would be hard to monitor each token and what token you have to sell first since they were all moving the same way.

It seems to me that this strategy is the best thing to do at the moment.  If in 2016 there was a certain confidence in the real results of your investments, even if you invest in one or two altcoins.  But today it is necessary to make so that cuttings were minimal.  At least 10 or 15 altcoins should be in your portfolio.

The Altcoin that you collect is indeed good, has a future and you will be able to play it wisely.
It's not easy to play a lot of altcoin and every time you have to monitor it to get a profit.