Investing in multiple altcoins - page 15.

smyslov

sr. member

Activity: 2030

Merit: 269

Quote from: DarthCanada on August 27, 2019, 08:25:44 PM

Ok guys so I have 500 CAD left to invest in altcoins, I decided to invest 3000 CAD in bitcoin and leave it like that. So for that 500 CAD (377 USD), please tell me if this makes sense. (I want to own a broad portfolio of multiple coins that have good odds for the future). All amounts are in USD for a total of $370. I'm open to suggestions.

50    Ethereum
50   Ripple
50   Binance Coin
30   Litecoin
20   Enjin
10   Iota
30   Cardano
20   Stellar Lumens
10   VeChain Thor
10   Pundi X
10   Basic Attention Token
10   Ontology
10   Zilliqua
30   Monero
?   Eos
10   Tron
?   Zcash
10   Icon
?   Chainlink
any other ?
10   Dash

Go for Eos and put at least $50 here or more, you will not regret I have Eos and for me it's the new kid in town with good potential I advise you to use the Scatter wallet to activate your Eos wallet you cannot hodl Eos if you do not have an activated Wallet they are currently in the 7th rank check their info here https://coinmarketcap.com/currencies/eos/

akungagal

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Activity: 700

Merit: 11

send and receive money instantly, with no hidden c

Quote from: Retainly_Collie on October 03, 2019, 05:55:19 AM

Quote from: Hamzaal24 on September 25, 2019, 11:06:56 AM

I suggest you to invest in Ethereum, Binance Coin and litecoin, If you want to diversify your investment. Visit trusted site and check the market trends. Analysis dump and bumps then invest in any other coins.

These are the best altcoins in this market. It is safe to invest in them but you will not have too much profit when the market goes up

i think you are wrong, Ethereum, Binance Coin and Litecoin can also generate a lot of profits provided we can determine exactly when to buy and sell them.

indeed everyone has a different strategy in trading, so the benefits received for each person are also different.
for myself, so far all three have provided many benefits, especially for ethereum.

boltz

legendary

Activity: 3388

Merit: 1205

I only support Bitcoin and Waves as this 2 suits me best and also my investment plan which is a long term deal. I see again a lot of ADA supporters but how many of you guys know the real story behind Ada and his CEO ? Do you have any knowledge of the fight he had with Vitalik ? After Ada supporters it seems Xrp ones are also here promoting what they don't understand and I'm sure most of them don't know that the CEO own more than 40% of the total supply and he release a certain amount of coins and capital every month so please guys don't do your own research before buying this 2 coins because they aren't good investments in my opinion.

Marble777

member

Activity: 736

Merit: 11

I don't think that's a bad idea, if you invest your money in various altcoins. it's just that you need to reconsider that altcoin has now lost its value. but if you want to invest in altcoin, I suggest you put money into some of the top altcoins on the market.

btcmegastar

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Activity: 700

Merit: 12

Quote from: ?? on ??

Quote from: Samboo on October 03, 2019, 05:25:22 AM

It will be always a good idea to diversify your investment into various coins so as to gain more profits and cut losses. The altcoins you have mentioned are good investment. Some of them are very much good investment while others are average. I want to add some other coins like Bittorrent, Beam, Huobi token. You can diversify your investment into these coins.

I have a lot of BTT in my portfolio, but every day I look at the price of this coin and continue to get upset. I bought BTT for 16 sat and now this project is getting worse and worse and it is not developing

Great, don't worry the complete market will stabilize when the market starts recovering. So BTT is completely in a downtrend if it is possible for you, better buy them in order to average your previous purchase and it will help you to make a profit when the prices start recovering.

Rampagoe004

sr. member

Activity: 1624

Merit: 339

https://duelbits.com/

It all depends on each of our minds because investing in altcoin is a lot of choices, but if I prefer to invest altcoin that already has potential like etherium and there are others who have the potential to go up in the future, so we must be able to make decisions mature so as not to be disappointed later when the cryptocurrency world is already in a place that is already promising.

karanggatak

hero member

Activity: 1106

Merit: 506

its up to you want to invest in many coin or just some though one coin. if it me, i will invest in one coin that have good future or high probability to gain massive profit.
before start investing your fund, you must know about them. knowledge and experience is the best basic. and when you want to invest, never let the investation control you. you must control them to make profit

Retainly_Collie

full member

Activity: 742

Merit: 102

Second Live

Quote from: Hamzaal24 on September 25, 2019, 11:06:56 AM

I suggest you to invest in Ethereum, Binance Coin and litecoin, If you want to diversify your investment. Visit trusted site and check the market trends. Analysis dump and bumps then invest in any other coins.

These are the best altcoins in this market. It is safe to invest in them but you will not have too much profit when the market goes up

stephanirain

sr. member

Activity: 756

Merit: 257

Freshdice.com

Quote from: DarthCanada on August 27, 2019, 08:25:44 PM

Ok guys so I have 500 CAD left to invest in altcoins, I decided to invest 3000 CAD in bitcoin and leave it like that. So for that 500 CAD (377 USD), please tell me if this makes sense. (I want to own a broad portfolio of multiple coins that have good odds for the future). All amounts are in USD for a total of $370. I'm open to suggestions.

50    Ethereum
50   Ripple
50   Binance Coin
30   Litecoin
20   Enjin
10   Iota
30   Cardano
20   Stellar Lumens
10   VeChain Thor
10   Pundi X
10   Basic Attention Token
10   Ontology
10   Zilliqua
30   Monero
?   Eos
10   Tron
?   Zcash
10   Icon
?   Chainlink
any other ?
10   Dash

The good side of this strategy is that you have multiple chances since you have multiple coins that can produce profit. The down side is that when you invest more in the alt that will not grow so high or when you invest too little in the one that will peak. But there is no absolute way to see which of them will peak among alts. Multiple investments works best when you have a large capital to start with but can also be difficult to manage so expect that you will some minor setbacks before you got the gist of it. Good luck OP.

Samboo

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Activity: 434

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www.thegeomadao.com

It will be always a good idea to diversify your investment into various coins so as to gain more profits and cut losses. The altcoins you have mentioned are good investment. Some of them are very much good investment while others are average. I want to add some other coins like Bittorrent, Beam, Huobi token. You can diversify your investment into these coins.

hashman

legendary

Activity: 1264

Merit: 1008

Diversity is good for risk management. By the way in todays condition it is very important which coin you invested in. Most of the shitcoin are doing all time lows everyday. For the name of diversity if you put your money on shitcoins, they can go all zero.
Today, diversity is good for Top Ranked Coins. They can stay as strong as they can against sudden price changes at BTC.
My preferred coins for diversity are; BNB, ETH, LTC

TriplexXx

member

Activity: 176

Merit: 10

Well, I suggest you slit your altcoin budget in two ways and buy Binance coin and Litecoin. Both altcoins are legitimate coins and are also among the 10 coins on the coinmarketcap - Once you buy these coins HODL them and wait for another market bull run they would easily multiply in value 3 times over.

42K

member

Activity: 364

Merit: 10

Erotic Industry on the Blockchain! RachelX

There's no harm in investing in multiple alternative coins. You just need to be careful and more informed about the kind of coin you want to invest so you don't invest in shit coins. Also, you need to take extra caution about your wallet key and password by not sharing it with others.

genset88

member

Activity: 349

Merit: 10

It can be said that Altcoin is obsolete when BTC seems to have acquired the market. That was demonstrated when the storm yesterday when BTC plummeted more than $ 2k caused the altcoin to drop with worse. That's why BTC has always been the first coin I invested in my portfolio.

desticy

sr. member

Activity: 1512

Merit: 292

www.cd3d.app

There is no point in over-diversifying your portfolio. Take a look at the market, all altcoins are in collusion with each other and act accordingly. I would invest in Bitcoin first of all, then in Ethereum, as well as in the BNB, and in one not from the list of the top 100, for example, Selee. Such a portfolio fully covers almost all probable outcomes in the market.

Hamzaal24

newbie

Activity: 42

Merit: 0

I suggest you to invest in Ethereum, Binance Coin and litecoin, If you want to diversify your investment. Visit trusted site and check the market trends. Analysis dump and bumps then invest in any other coins.

Polar91

hero member

Activity: 1120

Merit: 553

Filipino Translator 🇵🇭

I've done investing into several altcoins hoping to gain profit in the long run but I was wrong. I ended up losing until I cut it to prevent further loss. It's not recommended to invest your money into something that you can't manage just like what I do. It's better to focus only to 2-3 altcoins at the same time so you can watch them very well. Cryptocurrency market is much volatile unlike any other market; thus you shouldn't take things so easy but rather take it seriously.

PLATO

sr. member

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Don't trust "BBOD The Best Futures Exchange"

Quote from: airdropdude on September 14, 2019, 02:26:10 PM

Honestly, My Advice for you is not to invest in any rather than Trading with them.
The only way to ones I can invest on are BTC and ETH. Most Especially BTC.
And I've said earlier. You can trade with any coin that pair with btc or eth. Read the chart to know how the coin price move within a specific period with btc pair or eth pair. And start trading to earn profits.

I tend to only invest in safe coins and ETH, BTC are always two very good choices if you choose to invest in the long term. Maybe the profit is not much but I can still feel safe investing in crypto. In fact, many altcoins can gain double profits in just one day but the risk is huge and our psychology is not always stable so choosing safe is a safe solution for all.

19Nov16

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Activity: 1722

Merit: 252

Quote from: jackblacksparrow on September 14, 2019, 02:15:57 PM

In such a market, it is necessary to invest in Bitcoin and a couple of promising alts, preferably those in the top of the market, for example ETH or BNB

I agree that bitcoin deserves to be the first choice, of course dividing assets into lots of coins is better and safer so that the top 10 in coinmarketcap is also worth making an investment.

Juniness

jr. member

Activity: 196

Merit: 1

For long-term investments are ideal bnb is a great coin whose development is constantly going , even if we compare this coin with Ethereum is now clearly visible more potential in bnb , as the ieo are very much encouraged to keep the token

Topic: Investing in multiple altcoins - page 15. (Read 7222 times)