Topic: Is it better to have many altcoins or it is enough to have few? - page 14. (Read 4949 times)
September 16, 2018, 09:11:22 AM
It's great to have a lot of altcoins if the coin in the future gives you a profit not a scam. But it is very difficult to avoid, so be careful and only hold on to coins that you really trust.
September 16, 2018, 08:54:59 AM
I think it is good to have many altcoins. The more coins the more profit will you get. But it will become profitable if that coin is good enough to survive. There are more altcoins that are priceless.
September 16, 2018, 08:40:10 AM
The possibilities are quite different today, these several projects may seem to you a very small amount, but after a while, when the crypto currency will again be used very actively, I am sure that very serious investment problems will begin.
September 16, 2018, 08:38:45 AM
The secret is to research each one before you buy into it.
Real world functionality is what you are looking for.
Im happy to see Power Ledger (the airbnb of electricity - crypto) up 14% this hour... nice!
Real world functionality is what you are looking for.
Im happy to see Power Ledger (the airbnb of electricity - crypto) up 14% this hour... nice!
September 16, 2018, 08:36:16 AM
If there are more projects you believe in their potentials then you can decide to hodl them all but if it's less as well you can decide to hodl the few as well.
September 16, 2018, 08:33:08 AM
Lots of coin means lots of option. But you have to find some profitable coin.
September 16, 2018, 08:33:03 AM
You only need few coin which can bring you profit.
September 16, 2018, 08:32:54 AM
Lots of coin provides lots of option to invest.
September 13, 2018, 02:58:38 AM
Lots of coin provides safe transaction.
September 13, 2018, 09:39:23 AM
It depends on the hobby of someone using Altcoin. But in my opinion it would be nice not to overdo it in buying coins, especially coins in Altcoin. Buy coins that you think are important and potential in this Crypto world. I think that's the thing you can do in this Crypto World.
September 13, 2018, 02:59:17 AM
Its not a matter how much coin are their. Simply you just need to go with the profitable coin.
September 13, 2018, 02:59:00 AM
Its no necessary to have more coin. You need to have some coin those are profitable.
September 12, 2018, 11:45:25 PM
I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
I find it's better to limit the amount of alt coins one can hold so you can keep an eye on things and make sure there are no swaps or any other tasks you must do to save your investment. Just enough to diversify and keep your portfolio as stable as possible.
September 12, 2018, 11:33:47 PM
It is always better to concentrate on a few (I would say anywhere from 5 to 20 different coins) rather than amassing dozens of different coins/tokens. I would say that 90% to 99% of all the current altcoins / tokens are good for nothing. So we should rather concentrate on the remaining 1%.
September 12, 2018, 11:32:26 PM
it is always better to share your investments because if one coin falls into which you invested all means. then you yourself understand. I'd rather minimize the risks and invest in a few coins.
September 12, 2018, 11:23:16 PM
I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
Having more coins is good because it means you diversify your investments. If you only concentrating buying 1 or 2 coins only,
you cannot avoid massive loss if the coins gone bad. Always spread your money for several coins to hold, but only buy good coins.
September 12, 2018, 07:56:28 PM
I think this depends a lot on personal preference because a lot of people like a very full wallet with a lot of cryptocurrencies. but personally I like to hold just a couple of tokens which i will have no problem monitoring as they grow.
In a case where the tokens are dropping in value like a case of a bear market, I can easily manage my portfolio selling, flipping and holding what i decide to.
Join DeStream ICO: https://destream.io/?referralId=adf52557d7994818a3bf8131262f2179#action=bountyreg
In a case where the tokens are dropping in value like a case of a bear market, I can easily manage my portfolio selling, flipping and holding what i decide to.
Join DeStream ICO: https://destream.io/?referralId=adf52557d7994818a3bf8131262f2179#action=bountyreg
September 12, 2018, 07:53:38 PM
I think it will depend on what you want to achieve, if you want to bet on multiplying your wealth the best is to invest in a few currencies, now if you want to divide your portfolio and secure your investment the most important thing would be to diversify, which is a good strategy to go for the safe route.
September 12, 2018, 07:49:46 PM
I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
it would be great if you have a lot of altcoins, because then the investment you make is safer. with the more you invest in various coins the risks you encounter are fewer, different if you invest in one coin, if the price of the coin goes down then you will lose, whereas if investing in many coins surely the other coins will rise and only a few coins down.
September 12, 2018, 06:50:04 PM
I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
Personally, I gather different kind of coins but the volume I'm getting is depending on the potential of the coin in the future. It's good to diversify the investment because it's basically reducing the risk of losing, it also increase your ability to gain greater returns. You won't missed any sudden increase of price of a coin. Just take a lot of reading, and be sure that your are investing on the right coin.
Jump to: