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Topic: Investing in multiple altcoins - page 2. (Read 7222 times)

full member
Activity: 896
Merit: 115
March 29, 2020, 02:06:56 PM
If only there was a time traveler to tell the future. Investing a lot of altcoins seems to me as gamble. Honestly the best form of Investment is serial and proper follow up of your invesment so that you can make gain and always recover after some losses and you won't be forced to sell at loss.
newbie
Activity: 35
Merit: 0
March 29, 2020, 01:53:35 PM
In times of COVID Digital money is the perfect solution - no touching, no transmission.
Digital currencies such as Tem which are actively in talks with governments to provide them with a national digital currency are going to come out of this stronger than ever.
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
March 29, 2020, 01:42:18 PM
This is an excellent time to invest little more in altcoins; I suggest you should buy ETH and Ripple more so that this will give you excellent profit ETH can be reached at the price of $300 soon, and ripple is also expecting more than $0.50 till May before halving of BTC.
I think you are very mistaken. there is no reason why we should now see a strong increase in the price of altcoins. only fall in the next few months. there are no positive changes in the stock market and the coronavirus continues to be dangerous.
sr. member
Activity: 1988
Merit: 453
March 29, 2020, 09:53:20 AM
Five altcoins is a very good way to start, remember you will also need to always monitor the coins you are holding and if you are having too many it might be hard to monitor all, I prefer Bitcoin, BCH, ETH, Chainlink and Neo

I would agree with this. IMO, 5-6 is the optimal number. If you have half an hour or one hour to spare everyday, then you can manage this many coins. Anymore than this, and you would struggle to track them all. I am saying this out of my own experience. At one point, I had more than 40 different coins and tokens in my wallets. In 2018, I made a very tough decision to keep just 5-6 of them, and to dump the rest. And surprisingly, it worked out very well for me.
full member
Activity: 952
Merit: 110
March 29, 2020, 08:57:12 AM
Five altcoins is a very good way to start, remember you will also need to always monitor the coins you are holding and if you are having too many it might be hard to monitor all, I prefer Bitcoin, BCH, ETH, Chainlink and Neo
member
Activity: 854
Merit: 21
March 29, 2020, 08:45:35 AM
All the altcoins no matter what have been tumbling down in the long haul which makes then repulsive "investment" however every one of them had wonderful siphons in momentary which makes them best for trading.

the main motivation behind why anyone ought to try and purchase different altcoins is where you see more than one altcoin is getting siphoned and you need to partake in every one of them simultaneously as opposed to concentrating on one siphon.

Besides that on the off chance that you think you are "investing" at that point you should reconsider subsequent to glancing back at the previous 10 years.

full member
Activity: 1382
Merit: 105
March 11, 2020, 06:39:29 PM
This is an excellent time to invest little more in altcoins; I suggest you should buy ETH and Ripple more so that this will give you excellent profit ETH can be reached at the price of $300 soon, and ripple is also expecting more than $0.50 till May before halving of BTC.
sr. member
Activity: 573
Merit: 250
March 11, 2020, 06:09:08 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

Make investment in multiple coin always safer than single coin. Your list of coin is good and top listed coin CMC. I have two suggestion from now, buy some new coin or change this coin one after one, because always every coin will do pump and dump situation. You will never get life changing profits from top coin, so make a focus on some new coin.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
March 11, 2020, 05:34:25 PM
i am focus on only 3 or 4 altcoin only, this amount will help to find the newest update from developers team. in my opinion ADA will be on top list , this coin will launch sheley mainet and also its price really cheap now. dont forget to look at ethereum price, now its aroun $188 and still has possibility down to $155 .and another good coin in cheap price were litecoin and binance.
legendary
Activity: 3766
Merit: 1217
January 31, 2020, 11:57:06 PM
At one point, I had close to 4 dozen different cryptocurrencies in my wallets. Sometime back in 2018, I decided to convert most of them to either Bitcoin or Ethereum. There were multiple reasons behind taking that decision. First of all, it was difficult to track all these different cryptocurrencies and store them securely. And secondly, many of them had become overpriced, as a result of the 2017 bull run. I reduced the number from 4 dozen to around a dozen and now I am happy that things turned out well. There are too many altcoins out there and we need to restrict our investment to a select few.
sr. member
Activity: 1414
Merit: 255
January 31, 2020, 06:21:19 PM
I prioritize for investments is Ethereum, Binance Coin, and Litecoin. Because with such funds only it will be difficult to get a lot of profit if you don't limit purchase list, at least you can only choose 2 or three altcoins
sr. member
Activity: 2324
Merit: 263
January 31, 2020, 02:17:58 AM
I think you chose Altcoin too much with a small amount of money. If your money is $ 370, you share it with a total of 20 cryptos, then the results you save will not affect when you sell, or trade. I think you only need to share in 5 crypto. You can choose the best from the 20.
Obviously, it would be very good if we choose the 5 best altcoins with a total capital of $ 370, because when there is an increase in 5 altcoins we will automatically have a very good profit and this year I see that there are some altcoins that are experiencing a good increase in the market.
full member
Activity: 1190
Merit: 100
January 31, 2020, 02:06:32 AM
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


I think you chose Altcoin too much with a small amount of money. If your money is $ 370, you share it with a total of 20 cryptos, then the results you save will not affect when you sell, or trade. I think you only need to share in 5 crypto. You can choose the best from the 20.

I agree with the suggestion. Because the calculation is $370 and is divided into many crypto. Then it will be difficult to get a profit, if there is one loss contained in one coin. Then the profits on other coins will cover the loss. So you don't get any benefit if you use this method.
member
Activity: 375
Merit: 10
January 30, 2020, 06:54:41 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


I think you chose Altcoin too much with a small amount of money. If your money is $ 370, you share it with a total of 20 cryptos, then the results you save will not affect when you sell, or trade. I think you only need to share in 5 crypto. You can choose the best from the 20.
jr. member
Activity: 494
Merit: 2
KoinPro: Unique Double-up Contract
January 30, 2020, 06:29:25 PM
Your list is okay but it will be of great benefit if it can be reduced to the barest minimum based on the capital involved. Haven't said that, it is always a good idea to invest on the top ten digital asset class or in worst-case scenario, the top twenty.
full member
Activity: 560
Merit: 100
January 30, 2020, 06:14:16 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


if my advice is better you don't invest in Pundi X, because the price of Pundi X has gone down very far and it's difficult to increase again, so it's better you invest in UBT, because UBT prices have more opportunities to increase very high and of course it will gives you profit compared to you investing in Pundi X.
I think what makes pundix a good altcoin to buy now is the huge price down, pundix is a real working project with real working product, still young and have long way to go, this doesn't make it a bad coin to buy, it will easily surge once the roadmap gets followed up this year
we just wait for the development of PundiX, because I think investing there is the right choice, new coins and certainly have quality. like other coins Pundix has a good concept and I'm sure people will invest a lot in Pundix.
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
January 30, 2020, 05:59:41 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


everything you choose is right, but my advice is that you better buy chainlink with more quantities, because I'm sure the price of chainlink will definitely increase very high and can give you profits quickly compared to other altcoin.
newbie
Activity: 17
Merit: 0
January 30, 2020, 01:29:58 PM
I suggest you can invest in litecoin, Ethereum and binance coin. I think this coins are profitable for investors. Especially, i like litecoin. I also say that, don't invest your money only one altcoins. 

All great choices.  Long term projects that have been around for some good time. Proven time in and time out that they have great community backing as well.
jr. member
Activity: 39
Merit: 1
January 30, 2020, 01:24:31 PM
I suggest you can invest in litecoin, Ethereum and binance coin. I think this coins are profitable for investors. Especially, i like litecoin. I also say that, don't invest your money only one altcoins. 
member
Activity: 532
Merit: 41
January 30, 2020, 01:02:27 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


if my advice is better you don't invest in Pundi X, because the price of Pundi X has gone down very far and it's difficult to increase again, so it's better you invest in UBT, because UBT prices have more opportunities to increase very high and of course it will gives you profit compared to you investing in Pundi X.
I think what makes pundix a good altcoin to buy now is the huge price down, pundix is a real working project with real working product, still young and have long way to go, this doesn't make it a bad coin to buy, it will easily surge once the roadmap gets followed up this year
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