Holding the top 10 cryptocurrency means it'll make the portfolio stronger. Even with this kind of portfolio people experience loss which is normal.
Right on the surface, that's a pretty dumb statement Vaskiy.
You know what the statement sounds like?
"Diversify for the mere sake of diversifying"
And,
"if you do not know what or how to diversify, then just pick the top 10 because it seems like the top 10 might be a good idea"
what a bunch of baloney to proclaim picking the top 10 just makes a lot of sense.
As the market is highly volatile no one is specific on the price movement.
Volatility is a feature rather than a bug..
At least when it comes to bitcoin, and all of the other coins follow king daddy bitcoin, so in the sense that bitcoin is inevitably going to be volatile, then so are the various other coins (top 10 or otherwise) going to be volatile as well - and probably even more volatile than the king.
It all depends on our way of risk management as well as the ability to hold with patience.
Yes. That's the right assessment to make when it comes to bitcoin, but that same assessment does not apply to the whole top 10 coins, merely because they happen to be next to the king.
In other words, don't get your potentially correct assessment of bitcoin mixed up and then apply that same assessment to shitcoins because it does not work for shitcoins (whether the top 10 or not)... Such assessment only works for bitcoin.. so maybe that's what is causing you confusion to believe that you can make the same assessment that you make for bitcoin to various shitcoins merely because they happen to be in the top 10 or to appear as if they are next to bitcoin, when they are in fact merely garbage and most likely to be affinity scams rather than having any actual fundamental and/or meaningful value.
Most of the time the disappointment with top cryptocurrency holding happens while getting more greedy as well as with situations when we have the plan to be rich in the short term. For this people keep on switching between different assets. For long term profit expectation top 10 cryptocurrency is a best choice, considering the 20k+ cryptocurrencies available in the market.
Consider just focusing on bitcoin rather than getting distracted into nonsense, and then you will become even MOAR smarter.
You are already suffering from the same fallacious "wanna get rich quick" thinking because you seem to believe that "bitcoin is not enough."
The second anybody mentions investing in the top 10 coins , what comes to mind is playing it safe!
Yes. Your thinking on the topic seems to be as gobbledy-gook and muddied as Vaskiy's.
Good luck with that
lack of focus, when you think that you "are focused" because you are purportedly "playing it safe
!".. hahahahahha
You will need it.