Topic: Is it better to have many altcoins or it is enough to have few? - page 3. (Read 4949 times)
November 23, 2018, 02:21:00 PM
I believe of course it is better to have more than a little , especially now as many projects are dead , it is necessary that some projects bring something good to the cryptocurrency community!
November 22, 2018, 06:00:13 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?
Has many types of altcoins but the price is broken, has a few types of altcoins but the price is high, or have many types of altcoins at high prices? Very relative right? So everything depends on your ability, analysis, and current prices. Of course I would prefer to have a lot of altcoins at high prices. To be able to get it, we must have a basis for analysis. Being able to read opportunities in cryptocurrency is the key, plus luck, because we can really predict accurately which coins or tokens will 'boom'. November 22, 2018, 05:27:59 PM
Choosing less coins for holding may more risky or may more wisely. We can not know that actually. Because for example you can choose one altcoin and you can go all in that. and it can do 300x. But you may choose 10 altcoin and you can divide your money to these 10 piece of altcoins and these altcoins may do only average 20x .. So in my opinion choosing 3 or 4 coin is the best number for holding.
November 21, 2018, 07:41:19 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?
if in my opinion it is better to only have one altcoin than to have many altcoins, because if you have many altcoins we will find it difficult to supervise our coin growth, but if we have only one altcoin, then we will be very easy to see the coin growth even though the risk of investing in one altcoin is greater than many altcoins, because when the coin price drops then we lose all our money but if the price goes up, we immediately get a huge profit and if we invest in many altcoins then when one coin price goes down there is still another coin the price might increase and can cover losses incurred as a result of the coin price being down, but we also cannot always monitor the growth of coins that we have if there are too many, so I prefer to invest in one altcoin rather than many altcoins, because it is easier to monitor and see the growth of the coin, so if a bull run occurs or the price increases we can immediately sell it and immediately get all our money and profits, but if we invest in many altcoins, our money will be divided into several coins and when one of the coin price doesn't increase, we cannot withdraw all our money.
November 21, 2018, 07:11:02 PM
Personally, I am a supporter of diversification in all its manifestations. I have already made enough mistakes in investing in only one or two projects, which as a result did not bring me proper profit. Now I try to invest not only different projects, but also in different investment areas.
November 21, 2018, 06:40:00 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 believe that in the cryptocurrency portfolio of everyone who is interested in cryptocurrencies should be a lot of different coins, not a couple of three. The more different coins, the more likely that some of them will shoot and bring all the coveted cherished xxx. November 21, 2018, 06:31:57 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 few or many altcoins is not the most important thing, but that the first thing to consider is the nature of coin or coins you are holding. If what you are holding are shit coins, then you have to be careful and find away to sell them off. Then it will also be good for you to be able to do proper followup for the coins you are holding. Just hold the number you are able to manage. 
November 21, 2018, 12:37:15 PM
As for me it is better to stick to more conservative views in this market because the market is unstable and very risky and using a risky strategy becomes more dangerous !
November 21, 2018, 12:33:34 PM
I do not think that it is worth buying as many altcoins as possible, as this will not do any good, but you can not also invest only in one or two altcoins, as it is better to diversify your risks and invest in several good coins.
Yes, it will be useless. However, you need to study the market and concentrate on the best 10-15 altcoins that will bring you the profit in the future. For example: TRON, Cardano, Gladius, Credits, and NEM. November 19, 2018, 04:50:03 PM
I need to be able to more altcoins due to the fact that the chance to earn in the market will increase rather than keep in 3 coins and wait for growth, I myself adhere to the strategy and buy about 10 coins
November 19, 2018, 03:49:57 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's not about the number of coins, but about their quality. There is a law of transition from quantity to quality. Despite numerous cases of fraud among ICO teams and the emergence of many useless tokens, this is still the most effective way to develop cryptocurrency. The market itself will filter out useless coins and tokens and leave only promising and in demand. So let everything go on as usual. A lot of coins and tokens do not exist. They will work mainly in their narrow niches in our diverse activities and improve our quality of life. November 19, 2018, 03:32:21 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?
depending on the situation. if you have a lot of altcoins, you can get a lot of profit if the price is high when you sell it, and if you have a lot of altcoins and you sell them at a low price, of course you will loss 
November 19, 2018, 03:04:57 PM
The first cryptocurrency was bitcoin and Altcoin is other cryptocurrency that are not Bitcoin. Having many Altcoin is part of discovery and testing needed to develop many coin that will be applicable to other human activities apart from payment and store of value that bitcoin represent!
November 19, 2018, 02:43:55 PM
The more coins the greater the risks. It is easier to keep track of a small number of tools . It depends on what number of coins we are talking
November 19, 2018, 02:37:25 PM
It depends on coins in which you want to invest. If you buy a lot of bad altcoins - it will be less profitable than a few really good ones.Also, you can buy a lot of good coins, but you need to make your own research work before investing.
November 19, 2018, 08:15:11 AM
The more altcoin you have the more safe your investment is. But it also depend on your investment level. Different altcoin also require that much in reach altcoin that when you earn profit you must feel happy about that and increase your networth
November 19, 2018, 08:03:29 AM
If you save more coins, then there will be more chance that your portfolio will not fall so much!
November 19, 2018, 07:50:13 AM
I think that a few prospective coins are enough. Watching a few coins is much more convenient than constantly studying a larger number of small coins.
November 19, 2018, 07:38:39 AM
The more different promising coins collected in your portfolio, the more opportunities to make a profit. What any one coin in any case will soar in price. Although I am sure that over time the entire market will grow.
November 19, 2018, 07:19:18 AM
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?
We have so many coins today that has no value or offer no usage at all we could agree with the so many numbers of coins but unfortunately, the majority are useless so I can live with a few coins that have value in the market than so many shitcoins.
Jump to: