Topic: Is it better to have many altcoins or it is enough to have few? - page 15. (Read 4957 times)
September 12, 2018, 12:35:03 PM
In my opinion it is better to have few altcoin than to have too many altcoin. You already seen the effects of too many altcoin. Many investors withdraw their investment because they are having a hard time identifying legit cryptocurrency because there are too many altcoin in coinmarketcap.
September 12, 2018, 09:56:19 AM
Is a good decision to diversified in many coins provided you have a enough capital to back it up. It will gives many options in earning if the market eventually look good you will be in fortunes. You should also note the risk in buying into many coins as well. The risk of loosing much of your capital ad well during the bear season. You consider the two scenarios together and come up with a good investment decisions.
September 12, 2018, 09:44:03 AM
Its not about the Altcoin, its about the project. Hold as many project that you think are worthy to be kept based on your due diligence (project use case, community and technology). If you hold the right Altcoin, there are chances that your are going to make a fortune, mid to long term. Just look for Classy project with sound use case and technology then hold.
Off-cource, unicorns are rare, so is classy projects. So, your due diligence would play a key role in this. its not how many Altcoin you hold, its all about how many great project are in your portfolio.
Good-luck.
Off-cource, unicorns are rare, so is classy projects. So, your due diligence would play a key role in this. its not how many Altcoin you hold, its all about how many great project are in your portfolio.
Good-luck.
September 12, 2018, 09:36:27 AM
I'll limit myself to a few altcoins.
I don't think there is any point in investing in too many altcoins.
Most will not be used in a few years anyway, so why invest in it?
I don't think there is any point in investing in too many altcoins.
Most will not be used in a few years anyway, so why invest in it?
September 12, 2018, 09:35:50 AM
I think more altcoins is better than one because if you only have one coin and that coin down you didn't have any backup. But if you have many altcoin you not all coin will going down at the same time, if you already have enough profit you can sell it and find another good coins.
September 12, 2018, 09:33:27 AM
Having many coin and token will benefit you in the future but the real question here are those tokens you're holding does has a potential?
If you're an investor and planning to hold different kind of token I suggest that you must learn first how to distinguished the potential of each token and how it will be use in the real world, A token that has a purpose. Keep holding plenty sort of token.
If you're an investor and planning to hold different kind of token I suggest that you must learn first how to distinguished the potential of each token and how it will be use in the real world, A token that has a purpose. Keep holding plenty sort of token.
September 12, 2018, 09:25:05 AM
Personaly, I'll keep all of altcoins which I've earned. In term of investment, I just buy and hold a fews coin.
September 12, 2018, 09:20:37 AM
The more coins, the fewer risks, although it is very difficult to choose worthwhile coins from almost 2,000 altcoins! On the one hand, you diversify your portfolio, and on the other, you have less earnings, provided you keep a few promising coins!
September 12, 2018, 09:16:44 AM
I think having too many altcoins can increase risk for you . You have to invest into those only which is having high popularity and volume.
Now a days there are number of coins in which you invest, ETH, BCH, BTG, BCD, EOS and ETC.
Now a days there are number of coins in which you invest, ETH, BCH, BTG, BCD, EOS and ETC.
September 12, 2018, 09:09:16 AM
In my opinion, you should have so many coins in your portfolio that you can keep track of each one. In the falling market, I advise you not to keep more than three coins, because each will have to be divided and it is not clear which coin will fall faster!
September 11, 2018, 12:47:48 PM
Personally, I am holding up to 10 altcoins which I think they have great future.
You can hold hundreds of coins but many of them will die and become worthless.
For me 5-10 is optimal as I can follow up on their progress and be able to be informed on them through social media.
You can hold hundreds of coins but many of them will die and become worthless.
For me 5-10 is optimal as I can follow up on their progress and be able to be informed on them through social media.
September 11, 2018, 08:23:48 AM
Too much is not advised to keep coins. Here is my strategy for example, I keep a maximum of 5 coins in the long run and it is about 80 percent of my money. The remaining 20% I put in ICO and new coins, keeping them on the exchange for more than a quick sale in case of danger.
September 11, 2018, 08:20:51 AM
It is better to have many altcoins in order to have more money to trade and earned a lot. Having a lot of altcoins in your hands will have a greater chance to earn big amount.
choosing only 1 altcoin has a big advantage and risk, I will buy lots of special proportions of altcoins, and I will buy it with several conditions, must have transaction volume above 500 BTC per day and listing pass several major exchangers such as binance, bittrex, bitfinex
of course at first it was really hard to identify what are the some of the altcoin that are have to choose with and you really need to pay an attention with this too. And when youare know some strategy with it for choosing another you have an idea with it too.
September 11, 2018, 08:02:35 AM
It's not a bad idea to have lots of altcoins but even if you want to own a few, just make sure they are highly potential ones that you are about 98% sure will generate a lot of future liquidity and to be sure about this follow those particular altcoins you are interested in km their social medias to get useful info and also read their whitepaper to know what they are offering
September 11, 2018, 07:58:00 AM
With the current market situation fluctuating suddenly and strongly, the diversification of investment Altcoin will make you have the opportunity to make more money. But careful research and selection before a decision will be essential and important for investors.
September 11, 2018, 07:53:41 AM
It is better to have many altcoins in order to have more money to trade and earned a lot. Having a lot of altcoins in your hands will have a greater chance to earn big amount.
choosing only 1 altcoin has a big advantage and risk, I will buy lots of special proportions of altcoins, and I will buy it with several conditions, must have transaction volume above 500 BTC per day and listing pass several major exchangers such as binance, bittrex, bitfinex
September 11, 2018, 07:48:24 AM
Diversifying your portfolio is always a safe bet in any hostile environment, it enables you to weather any financial storm and, more importantly spread any losses across your other holdings.
September 11, 2018, 07:46:03 AM
I think it doesn't matter how many different coins you hold until it is not just one. Another thing, your portfolio should be promising, you should know as much as possible about every coin in a portfolio and have strong believing then every one of them should rise. If you see any problems with some coin in your portfolio, sell it straight away.
September 11, 2018, 07:45:58 AM
All things considered we have our own accept on the specific coin we think have an incredible potential later on. As what I did I hold a portion of my offers keeping in mind the end goal to have a lot of benefit later on. Likewise, we have to mindful the conceivable outcomes on such coins which can be ruin however there is as yet a probability that can be increment for the extensive stretch of time as long as the client will hold up calmly
September 10, 2018, 03:42:53 AM
I think it doesn't matter how many different coins you hold until it is not just one. Another thing, your portfolio should be promising, you should know as much as possible about every coin in a portfolio and have strong believing then every one of them should rise. If you see any problems with some coin in your portfolio, sell it straight away.
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