Investing in multiple altcoins - page 6.

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Quote from: Longthi_4823_Love on January 06, 2020, 12:35:16 PM

You should not invest in many different types, but should only invest in a few good top altcoins like
Ethereum, Ripple, Binance Coin,Litecoin. Here you will be safer and more stable

One of the biggest issues remain storage. While dealing with multiple altcoins, how to store all these coins can become a big headache. There are multi-coin wallets available, however my experience with them was not very pleasant. Another option is to store these coins in exchange wallets, which once again is not a safe option. If the exchange closes down, then you will lose all these coins.

Kersh768

sr. member

Activity: 658

Merit: 256

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

Well, the distribution of your budget into the variety of Altcoins you have listed will be up into you because it seems that you have done your part on researching what are the potential Altcoins that are worth investing so you have already made primarily comparisons between those Altcoins depending on their capacity and capability to increase or those which have a great future making you decide that partial distribution of your budget stated into your list. Well, if I will be on your case, I will be okay with that partial distribution since it was on investment, just wait up for what will be the result for that line up you have set up and just try another thing once the result of your investment is out giving you profit to primarily have budget to fund those with question mark which seems you find difficulty to decide. Whatever your decision is, it is still up into you because the Altcoins you have chosen are great and do really have potential.

superving

full member

Activity: 938

Merit: 101

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

3 to 4 altcoins is enough if you want bigger profit. The fisrt 3 is good , if i were you i will put my money to the first 3 coins if i want to get better rewards when altseason starts. Think about it.

FiuMr697

jr. member

Activity: 205

Merit: 1

https://coinpaprika.com/coin/uvu-ccuniverse/

what You think about this option? it is rather for 90-120 days investition and high ROI possible.

https://www.hotbit.io/exchange?symbol=UVU_BTC

nutriagrigia

sr. member

Activity: 1270

Merit: 254

Oikos.cash | Decentralized Finance on Tron

Quote from: superstrength on January 06, 2020, 12:41:11 PM

The investment portfolio is something we should all do because this will make the job of choosing a better investment, more objective. With CAD 500 you can invest in many currencies and form a long portfolio and I recommend investing about 6 to 8 coins that have a good chance. Grin

6-8 coins it is not enough if you look at the market as it is today. it’s very difficult to choose exactly 6-8 coins. in one area, there may be 5-10 coins that compete with each other. and 2-3 coins will seem promising. it is best to invest in 10-15 coins. so your chances of earning will be higher

0yeyemi10

newbie

Activity: 7

Merit: 0

Investing and diversifying in many altcoins is the best as it will help users or traders ti minimize risk. In my own opinion i think Ethereum and Bitcoin with Binance Coin is good for long term hodl and profit

gedarchitect

newbie

Activity: 28

Merit: 1

Investing in multiple altcoins is just simply diversification. The cryptocurrency market is just too volatile and having to risk or buy just one crpto project can fail investor. But with multiple altcoins in your protfolio you can always mitigate loss or minimize loss for example one project among the altcoins may die off while others can make you recover your loss funds. Another important thing to take note of is to always do due diligence whenever you are buying or investing in any altcoin

superstrength

newbie

Activity: 64

Merit: 0

The investment portfolio is something we should all do because this will make the job of choosing a better investment, more objective. With CAD 500 you can invest in many currencies and form a long portfolio and I recommend investing about 6 to 8 coins that have a good chance. Grin

Joyawan13

full member

Activity: 910

Merit: 100

elysian.finance

Quote from: kak uli on January 06, 2020, 12:23:01 PM

I think that Altcoin is very good in the future is Ethereum because ethereum already has a very large interest in the whole world. and other altcoins like EOS, Binance, Stellar Lumens, Tron, Cardano which I can recommend to you to invest. and I suggest you not to choose altcoin too much because later you will have difficulty monitoring the movements of every altcoin you have.

indeed investing in altcoin in my opinion also does not need to be quite a lot with only a few altcoins which in our opinion altcoin will be able to develop rapidly in the future, it is different like doing daily trading that is free for us to buy and sell when we make a profit, binance XLM Ethereum and Eos , altcoin which in my opinion will have a good development in the future, but of course we certainly have different predictions and desires in investing, and hopefully what we have chosen will be able to generate profits as we want.

Nguyenthanh2391

newbie

Activity: 61

Merit: 0

Now, I think investing a lot of money is very good and potential, invest in coins with good odds for the future like Binance Coin, Ethereum, Litecoin, ... your decision is very it's correct. Wink

Longthi_4823_Love

newbie

Activity: 62

Merit: 0

You should not invest in many different types, but should only invest in a few good top altcoins like
Ethereum, Ripple, Binance Coin,Litecoin. Here you will be safer and more stable

Whilemost

newbie

Activity: 62

Merit: 0

The remaining CAD 500 you should invest in bitcoin offline. altcoins are not very good, it is better to invest all in a good place like bitcoin.

kak uli

full member

Activity: 1246

Merit: 103

I think that Altcoin is very good in the future is Ethereum because ethereum already has a very large interest in the whole world. and other altcoins like EOS, Binance, Stellar Lumens, Tron, Cardano which I can recommend to you to invest. and I suggest you not to choose altcoin too much because later you will have difficulty monitoring the movements of every altcoin you have.

bestofwhatsapp

newbie

Activity: 1

Merit: 0

According to me, these five coins are amongst the cryptocurrencies worth investing in.

yehestielsiburian

full member

Activity: 314

Merit: 107

how long will this investment and save your funds?
Are you ready to invest for the next 2-3 years by holding hard without selling a dime even though the price of the coin is down?
I see good potential for eth.

leatutz

full member

Activity: 523

Merit: 100

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

I can't see any pump like ThoreCoin and Mindol coin in 2019. I'm not making your list correct but you should add 2-3 coin from out range of 200-300 coins. Energi, Harmony and Credits this types of coin should add to your portfolio. Or Make a budget 77 USD for new coin and 300 USD for some top coin.

govorrue

newbie

Activity: 70

Merit: 0

Quote from: volport on January 06, 2020, 10:52:45 AM

Yes, of course! Basically, GetHashWallet is secure and private hardware wallet - non-programmable device that is simple and secure along with many other great and in demand features. What is also rather impressing - guys are already selling the devices, so this is not just an abstract idea, but a fully working product. And of course, I recommend you to check out their website to get a deeper understanding on the solutions itself

Sounds quite attractive and advanced, agree with you here! Will check out more on the guys shortly and get back with own thoughts. Thank you for your recommendation

volport

newbie

Activity: 70

Merit: 0

Quote from: govorrue on January 06, 2020, 10:43:06 AM

Gethashwallet? Hmm, it seems that I haven't heard of it before, can you please provide more details on what the solution stays for?

Yes, of course! Basically, GetHashWallet is secure and private hardware wallet - non-programmable device that is simple and secure along with many other great and in demand features. What is also rather impressing - guys are already selling the devices, so this is not just an abstract idea, but a fully working product. And of course, I recommend you to check out their website to get a deeper understanding on the solutions itself

Jocuserious

sr. member

Activity: 1936

Merit: 290

I like to share my list top currency always you can take invest at any moment.
Ethereum
Ripple
Binance Coin
Tron
Pundi x
Especially i am very excited about Ethereum because i see any article about next boom. I know this is not right think for recommend invest in every currency because to heard bad situation still running almost two years over.

govorrue

newbie

Activity: 70

Merit: 0

Quote from: volport on January 06, 2020, 10:34:32 AM

Nope, I wouldn't say so. I am only having 2 or 3 most attractive ones I am following. And latest discovery I would definitely recommend everyone to have a look at - GetHashWallet. Have you already heard of such a solution? Cause you know, in here guys are setting entirely new standards on the industry

Gethashwallet? Hmm, it seems that I haven't heard of it before, can you please provide more details on what the solution stays for?

Topic: Investing in multiple altcoins - page 6. (Read 7204 times)