Topic: Investing in multiple altcoins - page 4. (Read 7204 times)

I think investing in many altcoins can bring a lot of risks in investing and in my opinion should only invest some good coins like ETH, BNB, EOS, TRON because these are 4 coins that increase in price together when Bitcoin increased.

By all means must earn a return on this investment and always consider carefully before making decisions because every mistake will affect your assets.

well that can be a good idea..
make sure you are selling after making x2 x3 in one of them, and buy another one
this x3 adds up to a good amount

in other hand if you diversify your portfolio too much
it will be more difficult to track and research the projects

I agree I am surprised that people spread their capital so thin, even if the price of one of those coins goes up very rapidly then your profits are still going to be very small if you only invested 10 CAD and I doubt those profits are going to be enough to recover the transactions costs and the fees you need to pay to the exchange, it is better to just select a few coins in which you have high hopes of their potential instead of buying so many coins.

Too many coins that you invest by only having 500 CAD, I suggest you to choose just a few maybe 5 coins so you can invest 100 CAD on each coin. If you have a large capital I don't think it's wrong to want to have a lot of portfolios.

It is actually a good separation and distribution of investments in multiple alts, yet can you even maintain your holdings or even trade those numerous amount of altcoins? I guess you must better start on a little number of altcoins and constantly trade it while studying those other's you're trying to invest, as some seems to be a good and promising coins yet still fails over and over again. But still, if you're just investing to hold it for a long time, it was better if you invest bigger on those better alts which has many predictions and a good history in the market.

You should take a look at exchange tokens like ecxx and bnb that will pump as new traders come into the market and low cap gems like BRAP and VYA.

So far indeed interesting, let me have a closer look at the solution and get back with own thoughts. Thank you for the recommendation

Hmm.. The most advanced one from the ones I follow today is definitely Intelligent Hero - have you heard of the guys already? In few words, with the help of the platform you can earn educatively - get motivated professionally, share skills and knowledge with millions of others just like you. What is unique here - industry is pretty large, even though there are mot many solutions that would offer ultimate opportunities. And Intelligent Hero looks very professional. I recommend you to have a closer look at their website, a lot of useful info available there

Pretty similarly. And are there any examples you can come up with? Cause just curious to know the solutions you find being advanced. And of course, interested to have a look at them as well

Nope, not many. Probably 2 or 3 maximum. I am having many points I pay attention to - from the idea to innovations, team, roadmap, practical value and adoption. How about you?

Afternoon everyone. Yes, I absolutely share your views. That's why there are ratings and more objective parameters that being taken into consideration, while analyzing one or another product. By the way, are you having many advanced platforms you follow these days?

This is absolutely true and from my point of view, the value token and platform brings is a points that makes much sense. Cause these days there are many solutions entering the market, however there are not so many that solve some tasks and have real value and real benefits

KABBERRY Coin (KKC) Price Analysis — Anticipating a Big Move 


Anticipating a drastic decrease or preparing for continued growth? What to expect from KABBERRY Coin in the near future?

In October, the cryptocurrency KKC has started on a positive trend. The largest decrease of this coin seems to be giving way to greater stability. It might be dictated by the fact that some KKC hodlers were expecting a short-time income, and at the same time, they were not prepared for a long-time investment. It seems that the majority of these “impatient” hodlers has sold off their coins. Consequently, the coin is slowly beginning to stabilise. Although KKC is expected to remain on an upward trend over the forecast horizon (2019 – 2021), this growth can be relatively slow initially and gather pace later.

Currently, the KKC price is equal to 41 Satoshi, so the tendency is clearly growing. The upward trend – though still slow – as figures show, introduces the increasing stability of the currency which, in fact, is present on the market since January 2017.

A trend line drawn from daily prices should have greater significance because it implies KKC is slowly taking some semblance of normality. Furthermore, as visible on the charts, such a growing tendency suggests that the average KKC price will increase.

Unfortunately, the speed of this trend depends mainly on the number of hodlers who make decisions about selling off KKC at the price lower than the actual value of the coin. Nevertheless, hodlers whose sell orders slow the growth process down will finally be left with no coins. Simultaneously, their impact on the KKC price chart will be finished.

Would it be worth taking action?
The anticipated KKC price, mirroring the real value of the coin, within the forecast period of time should be equal to USD 0,40.




Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

It was good before but for now I don't think that it is still advisable to invest in multiple altcoins, because more most the altcoins nowadays are really not worth it, most of them dumped and the team has never had the plan to buy back, they don't care about their investors anymore, so be very careful.

right, by investing in several altcoins when prices soar, the profit gained is not as much as if we put on an altcoin with the highest increase, but to choose altcoin as it is very difficult with the biggest price increases, for me I prefer to divide it on several altcoins

There are hundreds of altcoins, and more appear every day. Most altcoins are little more than Bitcoin clones and they do not survive for very long. They only change minor features, such as its hashing algorithm, distribution method, or transactions speed. One exception is Litecoin, which has branded itself as “silver to Bitcoin’s gold.” The reason for that is that, in addition to using a different hashing algorithm than Bitcoin, Litecoin has a much higher number of currency units.

Many people argue that altcoins are totally unnecessary. Also, some say that, because they cannot rival the infrastructure Bitcoin boasts, altcoins will not succeed. However, altcoins have a significant role. Altcoins allow developers to experiment with unique features, and while it is true that, if the developers or community desires, Bitcoin can copy these features, fully-functioning altcoins are much better “cryptocurrency laboratories” than Bitcoin’s testnet.

Ethereum, litecoin and ripple topped my list and advice not to invest in all the listed coins just select few with great future potentials, check the current form of the coins with the trends to predict the future performance. invest wisely

It is true, investing in several altcoins is arguably a strategy to minimize risk or when an investment you make into an altcoin incurs a loss you still have reserves to recover those losses as you said. But when the price of a coin that you have soars this will also have an impact on the benefits you get, which is not as much as possible because you divide your investment into several coins. But, everyone has their respective strategies in investing, choose what you think is right and in accordance with what you want to do.

If you do looking for much simpler ways of investment and seeking for opinions regarding to your plan sets of assets. Picking 3-5 coins can lessen your confusions as you can follow threads of each coins and you can take time to read and follow their updates.
Though there's always positive and negative impacts between having many and few coins it's upon on your good understanding  how to implement your
and execute your positions.
 

This is a good strategy to invest in multiple altcoins because it is a form of diversification but you should remember that you should not invest into an altcoin without doing a decent research and evaluation. There is a lot of new altcoins in the market and most of them do not have any potential at all because you can see that they are just in the game because of the profit.