Topic: Investing in multiple altcoins - page 24. (Read 7222 times)
The problem is not to own a large portfolio but to own one which will be worth it. Also am not a fan of holding multiple altcoins as I might lose track of them owing to swap and like of it. In my own opinion I think it's worthwhile if you bring it down to maybe 5 altcoins of which I suggest ETH, EOS, BNB, Litecoin and XLM. Since you already have BTC I think these will make a good portfolio as they are backed by a strong team.
it's a decent amount but it's not ideal to invest in lots of coins because when we invest with small capital then no matter how good the coins we choose the results will be small so it will be better for you to focus on you at 1 or at most 2 coins only and I highly recommend bitcoin as your choice but if you want to find coins that are still not listed on the market then orioinX can be the best alternative
As I understand (you invested 3000 Canadian dollars in Bitcoin), 500 CAD is not too much for you. Therefore, you can really start with such a portfolio. If some altcoins do not work, then, you have many chances to get profit from investments into other tokens. With this choice, you will not lose. However, I would recommend you to pay more attention to Ethereum and Binance Coin.
The best way to maximise your chances of getting a better return from cryptocurrency is to invest in several altcoins. With that there are several opportunities as one cannot tell which project would do well in the future. Even as it is important to invest in several altcoins, its better to consider the use case of the project before choosing the projects to invest.
when you investing in several altcoins, you should not forget that when you are investing it is better to leave 40-50 percent of your money for investing in bitcoin
The best way to maximise your chances of getting a better return from cryptocurrency is to invest in several altcoins. With that there are several opportunities as one cannot tell which project would do well in the future. Even as it is important to invest in several altcoins, its better to consider the use case of the project before choosing the projects to invest.
I suggest to invest in Top 20 altcoins only... Because many non top altcoins may not survive this bear market...
In the top 20 are the most promising coins, you can choose coins that are in the top 100, because there are promising coins 
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
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
Investing in multiple promising altcoins is a good idea, I see you have a good list of altcoins that we hope will bring positive investment results in the coming years, and the $370 you have, I advise you to divide it into 10 altcoins only, Ethereum 60$, Ripple 60$, Binance Coin 60$, Litecoin 30$, Cardano 40$, Eos 40$, Monero 20$, Iota 20$, Pundi X 20$, Tron 20$, This in my opinion will be the best suggestions for you because the ten altcoins that I mentioned to you, have a good market value and have the potential to make them stronger.
I suggest to invest in Top 20 altcoins only... Because many non top altcoins may not survive this bear market...
This can not be that the coins could not survive the crisis, even if it lasts 2 years. The TOP-100 coins of the cryptocurrency market will exist exactly in a few years. 
I suggest to invest in Top 20 altcoins only... Because many non top altcoins may not survive this bear market...
I think you just need to separate into 3 coins each get $123. And if I can give you suggest to choose, i think doge, etc, and ltc have good potential to grow up by the price. Looking to the current price, that 3 coins in the bottom position. So, you can make profit just by waiting they are get reversal. Last, just take proportional target and don't ever forget if they can be higher than your sell target.
With all these altcoins, how do you keep up with your portfolio without having to manually check each one? Sure you have a portfolio management system.
Yeah, maybe the OP does. I just usually use my own hardware wallet to check all of my coins, but it doesn't show if I'm at a loss, I just need to see the $ myself. Any good portfolio management app?
Is good to invest in many alts but must be good ones which will be a great opportunity for future reference, that is why is good to hold some portion of your capital in alts and the other in btc so you can have a fall back on for any opportunity to rebuy at very low price and at se time holding for any immediate pump .
Maybe he can use 50% for btc, and the rest of 50% will be in an altcoin. I think that will be enough for him to make a profit from bitcoin first and then from altcoin. But if he wants to buy altcoin, make sure he knows which coins that can be potential in the future and don't use all money to buy in one altcoin only because that will be too risky to him. Besides that, with diversifying into many altcoins, that will help him to make a profit too besides of bitcoin.
Just choose with the top 50-100 coins list to choose the right coins so then he can start to analyze each coin to find the coins.
I would not touch some of those altcoins but that would be me 
Good luck anyway 
Good luck anyway 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
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 decision is best yours to decide if to invest in multiple altcoins or single altcoin. But I believe in diversifying of funds. When you diversify your funds, one or two of them must give you profits.
You did the right thing that you invested most of your money precisely in Bitcoin, because only Bitcoin has shown the best results all year in a row and has consistently brought income to all investors. I also see that you have a good list and all these altcoins should bring you some kind of income, but while the cryptocurrency market only falls and you will have to wait for a while, of course, in general, I think that ethereum and binance coin will bring you excellent income.
Is good to invest in many alts but must be good ones which will be a great opportunity for future reference, that is why is good to hold some portion of your capital in alts and the other in btc so you can have a fall back on for any opportunity to rebuy at very low price and at se time holding for any immediate pump .
Maybe he can use 50% for btc, and the rest of 50% will be in an altcoin. I think that will be enough for him to make a profit from bitcoin first and then from altcoin. But if he wants to buy altcoin, make sure he knows which coins that can be potential in the future and don't use all money to buy in one altcoin only because that will be too risky to him. Besides that, with diversifying into many altcoins, that will help him to make a profit too besides of bitcoin.
Just choose with the top 50-100 coins list to choose the right coins so then he can start to analyze each coin to find the coins.
All I can tell you is that most of those coins that you listed there have real use case and they are coins that will last in the market which should be the vital characteristics of a coin. With those coins, I am sure that in future without bull run, you should at least be able to make x20 profit them.
When the altcoin season starts and most of them goes on bull run, I am of the believe that some of them may even give up to 50x, which will be a good turn over for such little amount of money, and it is a good thing that some of them actually are with the top rated coin, so I think that you have not make any wrong decision, there is no coin that would have been better than the coin you listed. The only one advise I would just give is that you can try to limit the number to few first rather than slitting the money amongst plenty of these coins.
When the altcoin season starts and most of them goes on bull run, I am of the believe that some of them may even give up to 50x, which will be a good turn over for such little amount of money, and it is a good thing that some of them actually are with the top rated coin, so I think that you have not make any wrong decision, there is no coin that would have been better than the coin you listed. The only one advise I would just give is that you can try to limit the number to few first rather than slitting the money amongst plenty of these coins.
Is good to invest in many alts but must be good ones which will be a great opportunity for future reference, that is why is good to hold some portion of your capital in alts and the other in btc so you can have a fall back on for any opportunity to rebuy at very low price and at se time holding for any immediate pump .
In my opinion you should invest in the top 10 coins in the market today.
Here are some of the current coins that I invest.
Bitcoin
Litecoin
Ethereum
Binance Coin
Bitcoin Cash
These currencies have a large community and potential in the future.
Here are some of the current coins that I invest.
Bitcoin
Litecoin
Ethereum
Binance Coin
Bitcoin Cash
These currencies have a large community and potential in the future.
always remember don't put all your eggs in one basket
so, investing in multiple altcoins is the best idea to minimize the risk on cryptocurrency investments mate
and look like your protofolio is good enough
But extending your assets sometimes isn't really good. It can also cause you a bad habit of investing to different and unnecessary altcoins. Getting the right coins would be ideal.so, investing in multiple altcoins is the best idea to minimize the risk on cryptocurrency investments mate
and look like your protofolio is good enough
Get the quality ones and don't focus yourself with the numbers. Having few with quality can still dominant the large numbers of altcoins.
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