Topic: Investing in multiple altcoins - page 12. (Read 7204 times)
Ask yourself if you can manage all the altcoins that you olan to purchase. If you can do that then follow your plan but you should take note that diversification is very important to consider.
This is the best choice to invest in the multiple coins because of the high risk in the crypto volatile market. To tackle this high volatility risk is only lays in the distribution of the risk proportionately in a diversified chosen crypto coin. The best method is select the top 20 coins for investing.
It is really hard to monitor your portfolio if you will buy so many altcoins. I'm a trader and I only trade 4 - 6 altcoins and for me it is hard to monitor my altcoins. You shoukd only choose few altcoins that can make your capital to grow.
Investing in many altcoins is good, can minimize the risk if there is a decrease in one coin but there is still another coin that rises.
For me, enough 2-3 coins just to manage it easily and the profit is greater if we allocate it properly.
In my opinion, if you want to choose long-term for me is Ethereum and Binance Coin that can give high profit in the future.
For me, enough 2-3 coins just to manage it easily and the profit is greater if we allocate it properly.
In my opinion, if you want to choose long-term for me is Ethereum and Binance Coin that can give high profit in the future.
Agree, have investment in some coins is good but we must continue to monitor its movements because of price fluctuations. And I also agree that having not many types of investments makes us able to focus on monitoring price movements and also keep abreast of the projects that we invest
Investing with many altcoin kinds maybe less profit because our money put in multi altcoin kinds, but when we use our investment only for one altcoin when price up we can take much profit but have faced big risk because when price down our money lost all because just invest with one altcoin kinds different if invest with many altcoin.
Actually by investing in a lot of altcoin there is nothing wrong but in terms of choosing it as an investor it should not be arbitrary. of course we ourselves do not want to get a loss on the investment we will make. so it will be an important point that we must do to be able to find a good altcoin invested 
Investing in many altcoins is good, can minimize the risk if there is a decrease in one coin but there is still another coin that rises.
For me, enough 2-3 coins just to manage it easily and the profit is greater if we allocate it properly.
In my opinion, if you want to choose long-term for me is Ethereum and Binance Coin that can give high profit in the future.
For me, enough 2-3 coins just to manage it easily and the profit is greater if we allocate it properly.
In my opinion, if you want to choose long-term for me is Ethereum and Binance Coin that can give high profit in the future.
When investing in the crypto market, perhaps the smartest method is to diversify your deposit and invest in diverse coins that are on different blockchain and have different functionalities.
Therefore, investments in bitcoin and several altcoins look quite acceptable if we are talking about investing in the crypto market.
But I wouldn’t do that, I would divide the deposit into several parts, and partially invest in other financial markets and structures.
Therefore, investments in bitcoin and several altcoins look quite acceptable if we are talking about investing in the crypto market.
But I wouldn’t do that, I would divide the deposit into several parts, and partially invest in other financial markets and structures.
However this method is very effective to do. Because most people investing in the critics market is only focused on one currency. That would be very risky if you experience a sudden decline. So it's better to invest in several crypto sectors or more simply put some altcoin invested and that includes Bitcoin.
Investing with many altcoin kinds maybe less profit because our money put in multi altcoin kinds, but when we use our investment only for one altcoin when price up we can take much profit but have faced big risk because when price down our money lost all because just invest with one altcoin kinds different if invest with many altcoin.
That is why it is better not to split your money, and it is better to invest it in Bitcoins or Ethereum. By the way Ethereum in the near future will switch to a new way of mining and most likely will seriously increase in price. Therefore, it makes sense to buy Ethereum for long-term investments.
Eth is also used for gas by all tokens and will always be needed as long as the network exists. The network will exist for a long time to come. I hope you right about the switch and i mostly agree with you but I do think some other projects are worth investing in the long term and others for short term to buy more btc and eth with.
Investing with many altcoin kinds maybe less profit because our money put in multi altcoin kinds, but when we use our investment only for one altcoin when price up we can take much profit but have faced big risk because when price down our money lost all because just invest with one altcoin kinds different if invest with many altcoin.
That is why it is better not to split your money, and it is better to invest it in Bitcoins or Ethereum. By the way Ethereum in the near future will switch to a new way of mining and most likely will seriously increase in price. Therefore, it makes sense to buy Ethereum for long-term investments.
Put more on Stellar lumens. it's one of my favorites coins. Like Ethereum, XLM's blockchain is its major selling point. With the integration of smart contract protocols, Stellar is in high demand not only by financial service companies but also by big corporations. After partnering with IBM and KlickEx, it has been scaling it's blockchain to new regions. Many banks have deployed Stellar's blockchain technology to handle the multiple currency payments received from IBM's customers.
When investing in the crypto market, perhaps the smartest method is to diversify your deposit and invest in diverse coins that are on different blockchain and have different functionalities.
Therefore, investments in bitcoin and several altcoins look quite acceptable if we are talking about investing in the crypto market.
But I wouldn’t do that, I would divide the deposit into several parts, and partially invest in other financial markets and structures.
Therefore, investments in bitcoin and several altcoins look quite acceptable if we are talking about investing in the crypto market.
But I wouldn’t do that, I would divide the deposit into several parts, and partially invest in other financial markets and structures.
While the decision is yours to make, if I were to be in your shoes, I won't spread 500 CAD among as many as 15 coins I will rather choose between 3 to 5 solid coins and invest it in.
well, maybe investing 15 coins is too many, maybe less than 10 coins but more than 5 coin will be good my friend
because we can keep track of our portofolio easily, and if we invest in less than 5 coins, the risk is higher mate
but, its up to you
While the decision is yours to make, if I were to be in your shoes, I won't spread 500 CAD among as many as 15 coins I will rather choose between 3 to 5 solid coins and invest it in.
Investing with many altcoin kinds maybe less profit because our money put in multi altcoin kinds, but when we use our investment only for one altcoin when price up we can take much profit but have faced big risk because when price down our money lost all because just invest with one altcoin kinds different if invest with many altcoin.
It's kinda true that investing in multiple altcoins might give you a less profit and a slow progress in giving you a profit because even there are altcoins which are slowly increasing it's price, there are also altcoins which are slowly decreasing it's price that it doesn't give you any good profit. So it will be better if we only invest in altcoins that has a potential to increase it's value like bitcoin in the near future.
Investing with many altcoin kinds maybe less profit because our money put in multi altcoin kinds, but when we use our investment only for one altcoin when price up we can take much profit but have faced big risk because when price down our money lost all because just invest with one altcoin kinds different if invest with many altcoin.
-Future liquidity
-Volume
-High demands
These are what i look for in every projects before i decide to invest a penny, some projects have a good start in early beginning of their life but later on they slowly fade away, every project must have something that will make people want to buy right? that's what i focus on
-Volume
-High demands
These are what i look for in every projects before i decide to invest a penny, some projects have a good start in early beginning of their life but later on they slowly fade away, every project must have something that will make people want to buy right? that's what i focus on
investing in lots of coins is better for reducing risk if one fails, but at least you have to buy bitcoin, if it were me, I would buy as much as 50% for bitcoin and the rest was distributed to ALT.
and also not need too much 10 coins I think it's enough.
and also not need too much 10 coins I think it's enough.
You can investing your money in multiple altcoin bu do not choose without check on coin market cap altcoin, always buy with top altcoin on crypto market like ether, bch or ripple. Never buy altcoin have under one hundred position in exchange market because is not have potential higher price at the future.
But investing on non top 100 currency in cmc is also good for testing our luck, like 10% of our portofolio investing on not famous coin because the price pump could be more higher if the coin's future is good
It is always a wise decision to check in CMC before investing, even top 100 is no guarantee because there are some coins through their market volumes to rank might change. That's why we should always check from the past 3 years of their volumes and their development activity for investing in it.
You can investing your money in multiple altcoin bu do not choose without check on coin market cap altcoin, always buy with top altcoin on crypto market like ether, bch or ripple. Never buy altcoin have under one hundred position in exchange market because is not have potential higher price at the future.
But investing on non top 100 currency in cmc is also good for testing our luck, like 10% of our portofolio investing on not famous coin because the price pump could be more higher if the coin's future is good
It is good to invest in multiple coins because it helps reduce the risk investing all funds in a single unsuccessful coin or project. However, not all the altcoins on the market are worth investing in hence it is also smart to run researches on the coins before adding them to ones investment portfolio.
That's what you called diversifying your investment to minimize the risk, experts advise this kind of method to be applied every time we invest, and this means we should be looking on the long term than its short term potential of the project since when you diversify, although it will lessen the risk which is our main purpose but it could also lessen the opportunity to earn big profits. Jump to: