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Topic: Is it better to have many altcoins or it is enough to have few? - page 23. (Read 4957 times)

hero member
Activity: 1498
Merit: 586
In my opinion, it is better to hold a few altcoins, but they should be chosen carefully. According to the statistics, many projects dissapeared after about a year or even earlier after ICO, so investing in many projects increases a risk of loosing your money
For me its better to have few altcoin because less risk but I'll make sure that all of them have potential, so that I'll never get scam or get altcoin that might disappear and no longer around. It better to know your crypto very well to avoid wasting of money and time for holding it, so make sure your altcoin can give you atleast enough profit even its not higher but still you can get. Make a research because it will help you which crypto is good to have.
member
Activity: 1078
Merit: 10
In my opinion, it is better to hold a few altcoins, but they should be chosen carefully. According to the statistics, many projects dissapeared after about a year or even earlier after ICO, so investing in many projects increases a risk of loosing your money
copper member
Activity: 98
Merit: 0
A few good ones is better:) But not only one, a few at least to diversify your exposure! The upside potential in good new ones is much greater than in the established ones. Upside multiples can be a totally different game. You just need to do your research carefully and don't trust ICO listing sites etc. because ratings can be bought. Careful research is very important to avoid scams and other low quality projects - don't trust anyone but your own research!

I have been recently following Stellar that is generally on the rise and the tokens issued on the Stellar platform - now there is a bump like in any cryptocurrency over the past few days, but generally Stellar is on the rise because of the prospective Coinbase listing and other advances. This will also boost tokens issued on the Stellar platform...

My most recent find among alts is AXU, "Argentas Exchange Unit" token issued on the Stellar platform and listed and verified on the Stellarport decentralized exchange, now only at its pre-distribution, or pre-ICO phase. A true hidden diamond, with low profile so far. Experienced people clearly, and cool tech for decentralizing and revolutionizing global banking - their website at argentas.io.

The pre-ICO price is 50% cheaper than the ICO price, a sure winner IMO, and I will certainly get some. They also have an ANN thread, I think here https://bitcointalksearch.org/topic/xxx-4431900. I dug really deep in their content, and it is really cool stuff Grin But don’t forget your own research!
full member
Activity: 490
Merit: 100
It's all depend on your strategy and your objectives! Diversifying works and it may not work but it make perfect sense to spread and hedge your risk and you will be in better position to make good profit or absorb losses!
member
Activity: 753
Merit: 15
mulierum.com
I think that it is better to have only few coins but they are promising and profitable for now and then for the future. Choosing promising coins will make us aware to make certain strategy about the coins. having some promising coins can lead us to gain more profits although only some but with the big earnings.
member
Activity: 336
Merit: 10
It is better to have few potential altcoins than to have a huge amount of altcoins which are not worth anything. These days so many altcoins are coming up and most of them don't have any significant value.
member
Activity: 555
Merit: 12
Smile, the bottom line is having Altcoins with potentials and which someone would always be updated by the team.
sr. member
Activity: 485
Merit: 250
It depends on what you mean by many. It depends on so many things such as what gains you want, the capital you have etc. But it's bettter to have small positions in many alt coins because right now we never know which one is going to be successful. And the successful coins will give you 100x returns in a few years because the crypto market is still very small. Also do not buy altcoins which are not in the Top 200.
member
Activity: 728
Merit: 12
In my opinion, having some altcoins with promising future are better. for example, I have only some altcoins on the top 10 coin market and trusted value including big volume. I think that those coins may be more promising in the future. Therefore, I will really focus on analyzing the coins as well.
newbie
Activity: 105
Merit: 0
Indeed, there are too many altcoins on the market and many will disappear from the market in the next 2 years. Therefore, it is better not to keep money in many altcoins otherwise it will be difficult to watch out for them!
newbie
Activity: 9
Merit: 0
I think it's enough to have few but large number of quantity
jr. member
Activity: 224
Merit: 8
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?
for me its better to have lot of altcoin, if you have lot of coins your safe in trading why ? because when some of your coins dump maybe other will pump and it is not so risky for me i think.
having a lot of Altcoins would be very profitable. seeing the ever-increasing development of Altcoin is very capable to generate far greater profits in the future. so it's great to have more Altcoin and make it a big source of profits going forward.
newbie
Activity: 95
Merit: 0
I prefer to have 5 coins that have the biggest potential in my opinion, and that's enough for me. I don't like to keep everything in one coin, as well i don't want to have 10 or more.
newbie
Activity: 182
Merit: 0
for me it is better to have lots of altcoin, if you have lots of coins that are safe in trading why not, because when some coins you dump maybe others will pump and it is not so risky for me.
newbie
Activity: 103
Merit: 0
I do not think it is a better option to be invested in quite a number of these altcoins rather than a few of them. I would rather advise that you choose a few coins that you trust and believe in, and see good potentials in them to invest in because it is better that hodling so much coins you know so little about, just hoping they do well in the market.
member
Activity: 938
Merit: 14
Earn more with Earn Network
If only you can afford, it is always good to diversify your investment portfolio. Get many alt coins with the reason that at least 50% will be successful. Limiting your alt coins means, you have to be precise and accurate in choosing the right or best coins to invest in and that is very difficult to achieve.
newbie
Activity: 182
Merit: 0
In my opinion, it is ok if you have many coins from bounty. But when you buy by youself be better you focus in few altcoin.
full member
Activity: 581
Merit: 108
I think its far much better to have a variety of coins as this shields you away from crashing prices of some altcoins and as far as I know not all coins will succeeded so we just need to be prudent and try to diversify
member
Activity: 686
Merit: 10
As I can rely on my experience, having few altcoins is more stable than having amount of them. You could look after them so you will spend a lot of time. Have few ones and you will be confident.
having a small amount of altcoin will not make you much more profitable than having a large amount of altcoin, you will not succeed.

Yes, most of the people will bother to hold a small amount of the coin, in this way, you will make a small number of returns. We have to make multiple investments which have huge potential, otherwise, we won't make many profits through this crypto.
newbie
Activity: 26
Merit: 0
To have more altcoins is better than to have few because if you have more coins, it is possible that you have also more money especially when it rise in the near future.
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