Investing in multiple altcoins - page 25.

freedomgo

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Quote from: coinswebid on August 29, 2019, 11:14:31 PM

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 Wink

This is a good advise especially if we like to hold for long term and we have a good amount of capital to invest.
When we are investing in different altcoins that will minimize the risk if the market is only stable, however it is not applicable all the time, a good example is what has happened last year and what is happening now where altcoins are still not performing well based on our expectation.

There's a lot of good coins in the market actually especially in the altcoins side if we know how to choose.
It will not guarantee us success but if we make an effort to a research, our chances of success will be higher, and who knows, we make a fortune in altcoins.

reality18

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Quote from: Bitcoin+Fi on August 29, 2019, 02:59:54 PM

Everyone is recommended to choose and invest only in top coins, I personally like the options to invest in BTC, LTC, BNB and ETH

Investing in the large cap coins thus the top coins on the market is good especially for new investors who may not have adequate expertise to do researches on new projects or coins on the market. Diversifying ones portfolio with also multiple altcoins is good because at least a number of them will yield profit.

coinswebid

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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 Wink

Kimonoe

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Quote from: shooleh on August 29, 2019, 07:50:34 PM

The right time to buy coins also affects your results. The right time when market conditions decline and you can invest. Then you can decide which coin you want to buy. I recommend buying coins that have large volumes, such as Ethereum, Binance Coin, Litecoin and EOS.

Try now to monitor the exchanges and all the conditions of the red coin. It is better to buy coins soon.

I also think that I should invest early because the demand for investment has been increasing very well in the past few months and if everyone has great confidence, I am sure this market will have a high price increase soon. Now there are lots of options in this market and if you trust one of the top coins you should plan to invest now because the current price is very cheap compared to last year and it is completely possible to get good profit

it's good to invest in top coins, but at least invest in some altcoins, but not too much as the OP said. I think besides bitcoin we can invest in ethereum, binance, litecoin. That altcoin is my favorite altcoin.
especially with minimal funds, if investing in lots of altcoin will increase the required fee

joybella

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Your portfolio is too large why not reduce it to say 5alts or 6.
My pick if its 5 will be as follows:

Monero
Eth
Bat
Ltc
Nuls

taufik123

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In my opinion, too many altcoins have chosen for investment. Choose only altcoin which is good for long-term and short-term investment. All averages suggest ethereum as the first altcoin for investment. You also have to categorize altcoin based on the type of coins, namely coins for longterm, midterm and shortterm.

mr_random

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Quote from: Bitcoin+Fi on August 29, 2019, 02:59:54 PM

Everyone is recommended to choose and invest only in top coins, I personally like the options to invest in BTC, LTC, BNB and ETH

You also made the same recommendation and wrote the top coins for investing. Top coins have no big return on the investment than investing in the small market cap altcoins. Investing has the up and downs, but these up-downs are the salt of the trading crypto markets. Reducing the total altcoins will let you trade with more BTC if any of the chosen altcoin's price goes up. Investing carries risks, choosing the good altcoin is depend on the experience of the trader. Having the proper education will not produce more questions on your mind while checking the crypto markets and latest trends.

shooleh

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The right time to buy coins also affects your results. The right time when market conditions decline and you can invest. Then you can decide which coin you want to buy. I recommend buying coins that have large volumes, such as Ethereum, Binance Coin, Litecoin and EOS.

Try now to monitor the exchanges and all the conditions of the red coin. It is better to buy coins soon.

dongosquad

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You have chosen the best. The end result depends on your analysis, whether you are in the right time to buy or not because each token or coin has its own trend. You also must always actively monitor the news, buy on the rumors, sell on the news.

ciang huang

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Speculation in various altcoins is good but we have to look at the current market conditions, I see altcoin every day going down in price and lacking enthusiasm, my advice is you should buy bitcoin. don't make your money for altcoin only

ninja811

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Quote from: Bitcoin+Fi on August 29, 2019, 02:59:54 PM

Everyone is recommended to choose and invest only in top coins, I personally like the options to invest in BTC, LTC, BNB and ETH

I agree with you.
Investing in top coins is a very profitable business.
Especially if you are investing in the long run.
Be sure some of the coins will be successful at some point.

Bitcoin+Fi

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Everyone is recommended to choose and invest only in top coins, I personally like the options to invest in BTC, LTC, BNB and ETH

prof7bit

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Quote from: sjbi on August 29, 2019, 09:14:38 AM

You have come up with a wonderful idea to divide your investment in multiple coins. Investing in multiple coins give anyone more possibility to avoid loss and earn more benefits. For me, some of the coins you have mentioned are investment worthy like Ethereum, BNB, Ripple, litecoin, enjin, iota, cardano, stellar, ontology, eos, tron, zcash and dash.

Where is the analysis on Altcoins here, did you just take all the coins from the TOP-20?) I believe that in the cryptocurrency portfolio should even be from the TOP-300. There are also very promising coins and tokens there.

jdarren

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I would look a bit into NULS

sjbi

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You have come up with a wonderful idea to divide your investment in multiple coins. Investing in multiple coins give anyone more possibility to avoid loss and earn more benefits. For me, some of the coins you have mentioned are investment worthy like Ethereum, BNB, Ripple, litecoin, enjin, iota, cardano, stellar, ontology, eos, tron, zcash and dash.

Rikotin

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Quote from: Davian144 on August 29, 2019, 07:46:24 AM

Quote from: Annexia on August 29, 2019, 04:54:54 AM

Is it safe to invest in multiple altcoins than a single altcoin? I often think it's better to invest in a single altcoin. I don't know if am rigjt

If we invest in several altcoins that have volume and rank well in all exchanges, then I think it will be safe, because if we only choose investments in a single altcoin or one type of altcoin and the altcoin has decreased prices, then we will not get the slightest benefit.

in this case coins that don't have many users or their trading volume is low are very risky, but if the coins are already listed on the exchange and have many users I think it's safe. so before investing you should reconsider making sure the coins are listed in the top 10 in the market.

futureofeth

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Quote from: yazher on August 28, 2019, 11:28:36 PM

I see that this is for long term investment, you're just doing the right thing given with that amount is not too big to make a fuss about it if the investment went wrong at least you've tried to ride on your luck.

The result will be in the next 3 years or more I hope that I can also hold onto that long.

Yes, in the short term we don't see much results from the above-mentioned coins, again today altcoin prices dropped again the market, with the decrease in price of Bitcoin. Instead of getting panic, we need to hold them in the long term which we might get the benefit for holding them in the long term.

Davian144

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Quote from: Annexia on August 29, 2019, 04:54:54 AM

Is it safe to invest in multiple altcoins than a single altcoin? I often think it's better to invest in a single altcoin. I don't know if am rigjt

If we invest in several altcoins that have volume and rank well in all exchanges, then I think it will be safe, because if we only choose investments in a single altcoin or one type of altcoin and the altcoin has decreased prices, then we will not get the slightest benefit.

WestWorldNP

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Quote from: Replecant5B on August 29, 2019, 04:59:51 AM

Quote from: WestWorldNP on August 29, 2019, 04:59:34 AM

Quote from: Replecant5B on August 29, 2019, 04:51:21 AM

Quote from: WestWorldNP on August 29, 2019, 04:49:33 AM

I try to own the latest models. I have plenty of different 2yo 1yo equipment. I diverse much

And is there any sense to buy 1 yo equipment for a cheaper price now?

I nearly forgotten to say that you'd better paw twice and purchase a new one rather than buy an old. It's not like a car market, where you can buy an old car and have the same benefit as f type jaguar

And where did you make you last purchase? And what is the latest model you own?

Few days ago I ordered a fabulous S17 model from globemining com. I am more than satisfied with the power of this monster. Worth it

Yeah, heard much about globemining from other guys as well. What about T17?

I am strictly dedicated to S line, haven't tried T model, maybe another time

Replecant5B

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Quote from: WestWorldNP on August 29, 2019, 04:59:34 AM

Quote from: Replecant5B on August 29, 2019, 04:51:21 AM

Quote from: WestWorldNP on August 29, 2019, 04:49:33 AM

I try to own the latest models. I have plenty of different 2yo 1yo equipment. I diverse much

And is there any sense to buy 1 yo equipment for a cheaper price now?

I nearly forgotten to say that you'd better paw twice and purchase a new one rather than buy an old. It's not like a car market, where you can buy an old car and have the same benefit as f type jaguar

And where did you make you last purchase? And what is the latest model you own?

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