Investing in multiple altcoins - page 7.

volport

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Quote from: govorrue on January 06, 2020, 11:28:07 AM

Absolutely so and I fully agree with you that it is not easy to find several solutions that widen the horizons and set new standards on the industry. Talking about you, are there many solutions you can recommend in general?

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

govorrue

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Quote from: volport on January 06, 2020, 11:21:04 AM

Such a strategy for sure makes sense, but you know, what I would also say - it is not easy to find multiple solutions that meet requirements. What I mean is evaluating the factors. From my point of view, platform must be advanced, innovative, reliable and, of course, bring real and practical value.

Absolutely so and I fully agree with you that it is not easy to find several solutions that widen the horizons and set new standards on the industry. Talking about you, are there many solutions you can recommend in general?

volport

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Such a strategy for sure makes sense, but you know, what I would also say - it is not easy to find multiple solutions that meet requirements. What I mean is evaluating the factors. From my point of view, platform must be advanced, innovative, reliable and, of course, bring real and practical value.

Adriano2010

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Investing in multiple altcoins is a good idea but if you choose only altcoins who have potential to grow, because if choose new altcoins or altcoins with low trade volume then is hard to make any profit. I think the best bet is to choose top altcoins like Ethereum, Litecoin and others and also put more on altcoins that have a higher price than others.

bitkanu

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Quote from: devillnj2.1 on January 06, 2020, 10:37:19 AM

I dont know what to suggest, but I still have faith in bnb coins, some other I dont know, even some other is good altcoin, we can never tell, like xrp I love xrp, I always use it for withdrawal aside from speed of transfer it also has small fees, xrp is easy to exchange to my local fiat currency, I can see potential to xrp and xlm but im not sure of it, but I like the fact that your not putting all your eggs in one basket, thats goos thing, you can do some research first before you invest, low risk much better.

BNB is overvalued coin and it's better to bet on a new coin that can bring us a better profit than BNB, so far credit can be a good alternative to invest. XRP gets a good news this day and it's a good coin for short term and not for the long term investment as it has already priced very high. it's better to look at alternative coin.

Meowth05

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Quote from: DarthCanada on August 27, 2019, 09:25:44 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, I think it is not bad to invest in a lot of various coin but for some reason it would be more likely hard to handle because there's a lot of coins you need to monitor. I suggest to minimize it so that you could handle it more, choose the coins that is you will have more potential to give a profit. Yeah, it is good to diversify our investment but I think it is too much you must be have a lot of time aren't you?

devillnj2.1

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I dont know what to suggest, but I still have faith in bnb coins, some other I dont know, even some other is good altcoin, we can never tell, like xrp I love xrp, I always use it for withdrawal aside from speed of transfer it also has small fees, xrp is easy to exchange to my local fiat currency, I can see potential to xrp and xlm but im not sure of it, but I like the fact that your not putting all your eggs in one basket, thats goos thing, you can do some research first before you invest, low risk much better.

anjiitem

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Quote from: coin_1122 on November 06, 2019, 01:06:00 AM

It is always good to invest in multiple coins, especially when we are investing in altcoins because based on the activity those coin prices will increase and sometimes the market situation will also help us to protect our investment. It is always good to divert our money to different altcoins, will have fewer chances to lose our money.

Investing in multiple altcoin is indeed a good way for us to minimize the risk of loss that we can get and if we invest into several coins and there is one coin that ultimately gives us a loss, I think we can still cover the loss with our investment in coins that the other. But, for me personally investing in a few coins does not mean that the investment we make will be profitable and not give a loss, we still need to look for opportunities from every coin that we think has the potential.

ittunes

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Investing in multiple altcoins is the best and to the best of my knowledge I think investing in the top 20 coins in coinmarketcap is very very good. I will also say investing in multiple altcoins gives investors the chance of protecting ones investment. A coin can dump massively today but you can also make that loss back because you invested in other coins that has mooned.

awakpane

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Quote from: bitcoinposts on October 27, 2019, 05:32:10 AM

Eth ,Lite coin and Bnb all these coins have more chances to see new all high coins in the market better to hold for long term

Seeing the recent development of ETH continues to experience a significant decline, are you still sure if the ETH is still good for investing in the long run? how do you respond in this case.

ZentoshiOfficial

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Honestly there are many altcoins that I didn't see on your list. One I can personally vouch for is FxTC, that project (even though they really don't care for marketing) has the technology behind it and the dev to build it out. What they are doing is cutting-edge blockchain, I personally invested just $100 in 2018, and it's up to 700 now, but as the tech gets built out I wouldn't really fixate on any price point. These coins are good to hold for a long time, no short term investments should be made

alan2here

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Quote from: Novatech8 on November 25, 2019, 03:00:07 AM

Some are complaining that investing in too many altcoins is bad, well i know that present market condition is what's making them to think this way, yes you might feel sad when you see your wallet getting lower in value but what about tomorrow? altcoins can have better chances in 2020 unlike now, its only better to go for solid altcoins and the future will be better

I think there is no need to invest in many altcoins and should only choose from 1 to 2 good coins for long-term investment because of the fact that this market tends to increase together if Bitcoin goes up. In my opinion, 2020 crypto will face other difficulties and if not careful, you will easily lose money at any time. I only recommend investing in some altcoins like Ethereum, Litecoin, Ripple and and having to keep more than half of the assets in Bitcoin.

However, the final decision is yours and if you still feel scared it is best to sit still and wait for the market to be clearer.

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Quote from: volporg on November 24, 2019, 04:00:41 PM

Quote from: Govorrrue on November 24, 2019, 03:57:35 PM

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

Of course, of course! Housinet is basically a property management at the palm of your hand. This is a token with real world utility that modernizes the property management industry, by creating a first to market global decentralized network. And guys are having many innovative know-how with blockchain implementation. It will be easier to collect metrics, analyze rentals and manage real estate objects in general for everyone - from owners to landlords. But of course, I recommend you to have a look at Housinet website to get a better understanding of what the guys are offering

Everybody says real world utility but you cannot just make things up and then claim that the real world is using it!

Show us the network statistics for Housinet. How many property management transactions take place in a day?

Real estate blockchain is not new,,, trust me I know because I also stupidly invested in one thinking it was awesome as an idea. It was,,, but nobody used it at all.

Novatech8

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Some are complaining that investing in too many altcoins is bad, well i know that present market condition is what's making them to think this way, yes you might feel sad when you see your wallet getting lower in value but what about tomorrow? altcoins can have better chances in 2020 unlike now, its only better to go for solid altcoins and the future will be better

Xampeuu

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Quote from: efxtrader on November 25, 2019, 02:35:50 AM

Quote from: ?? on ??

I suggest you invest in Altcoins in top 10 of coinmarketcap volumes such as ETH, BCH, BNB, Cardano, XLM, XRP, EOS, BSV, and don't forget to look at coinmarketcap every day.

It is more convenient to invest in the top 10 coinmarketcaps because in addition to trading in large exchangers and having large liquidity, coins that are usually in the top 10 coinmarketcap have projects that are trusted by investors will be able to make a profit.

I agree. in that ranking we don't seem to need to do a lot of very detailed research, but by choosing the top 10 rankings, at least it already has a large volume and this means the trust of investors towards this altcoin. and the ranking doesn't seem to have changed much until now

efxtrader

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Quote from: ?? on ??

I suggest you invest in Altcoins in top 10 of coinmarketcap volumes such as ETH, BCH, BNB, Cardano, XLM, XRP, EOS, BSV, and don't forget to look at coinmarketcap every day.

It is more convenient to invest in the top 10 coinmarketcaps because in addition to trading in large exchangers and having large liquidity, coins that are usually in the top 10 coinmarketcap have projects that are trusted by investors will be able to make a profit.

volporg

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Quote from: Govorrrue on November 24, 2019, 03:57:35 PM

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

Of course, of course! Housinet is basically a property management at the palm of your hand. This is a token with real world utility that modernizes the property management industry, by creating a first to market global decentralized network. And guys are having many innovative know-how with blockchain implementation. It will be easier to collect metrics, analyze rentals and manage real estate objects in general for everyone - from owners to landlords. But of course, I recommend you to have a look at Housinet website to get a better understanding of what the guys are offering

Govorrrue

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Quote from: volporg on November 24, 2019, 03:56:50 PM

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 - Housinet. Have you already heard of such a solution? Cause you know, in here guys are setting entirely new standards on the industry

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

volporg

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Quote from: Govorrrue on November 24, 2019, 03:55:26 PM

Absolutely so and I fully agree with you that it is not easy to find several tokens that widen the horizons and set new standards on the industry. Talking about you, are there many solutions you can recommend in general?

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 - Housinet. Have you already heard of such a solution? Cause you know, in here guys are setting entirely new standards on the industry

Govorrrue

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Quote from: volporg on November 24, 2019, 03:54:04 PM

Such a strategy for sure makes sense, but you know, what I would also say - it is not easy to find multiple solutions that meet requirements. What I mean is evaluating the factors. From my point of view, platform must be advanced, innovative, reliable and, of course, bring real and practical value.

Absolutely so and I fully agree with you that it is not easy to find several tokens that widen the horizons and set new standards on the industry. Talking about you, are there many solutions you can recommend in general?

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