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Topic: Is it better to have many altcoins or it is enough to have few? - page 35. (Read 4957 times)

newbie
Activity: 34
Merit: 0
When there are many copper you will avoid the risk of concentrating 1 dong when it falls, but you will have to divide the capital and it is difficult to choose and invest in any co?
newbie
Activity: 91
Merit: 0
In my opinion I think you can have a lot, but only a few that you will focus on. Because it is would be difficult to keep track and handle all these different altcoins at the same time, whilst there will be too many decision that you have to make in terms of trading them.
newbie
Activity: 84
Merit: 0
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?

There is no bad thing in holding more than enough coins unless and until they all are good coins or what I can say hot projects in short. However if the coins or related projects are not worth anything then holding many coins wouldn't be advisable. In such instances it would be just fine to have few coins which are perfect one.  Thus giving you more income and less risky than having more coins. So it's all about the coins which you choose and not about how many you hold.

It doesn't matter have many alts as long as it is useful and needed  still utilized in curriencies good enough we can earned  a little bit income  a secondary opportunity to become successful choose both bitcoin or altcoins you get a better life ahead of this two coins.
newbie
Activity: 98
Merit: 0
I think it's enough to buy those crypto that have technology in themselves and believe in their development. You need to think with your head. And so the top 10 will not fail.
newbie
Activity: 257
Merit: 0
A thorough research is needed while bagging your altcoins. The key thing is to bag altcoins with good working products and not just any kind of altcoins. A good hold on altcoins with good product will definitely pay off much more later.
hero member
Activity: 1274
Merit: 519
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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?

In this market, diversity is always key. I say that because there are many trends that each and every coin follows in the market. Therefore, if you would only hold a few coins, then it would be hard for you to follow through different leads that would, in turn, help gain more profit in the end. The fact is, although many coins go down at once, their rates and movements differ, so if you have more coins to trade or to sell out, then it would mean that you can have a chance to at least gain some profit even if some of your assets are not doing good.
jr. member
Activity: 238
Merit: 1
It's OK but if you have altcoin but altcoin is average there is no price or a small price. If you invest altcoin, if I think you will kill yourself or get a loss. So if you want to invest better invest bitcoin or ethereum the coin is definitely in crypto.
newbie
Activity: 168
Merit: 0
I think that you need to have a portfolio of top altcoins. Everyone picks himself to taste. I like the top 20.
member
Activity: 294
Merit: 10
While having why there should be a limit. If we do have a lot better although there is no price, but altcoin can also be sold like bitcoin. Although not as big as bitcoin the price.  Smiley
copper member
Activity: 294
Merit: 1
Well, all I can say is that it all depends on your financial strength.

Most coins they call shitcoins at times do better than those over hyped ones in the long term.


I 'd say one should bag as many as possible .
newbie
Activity: 7
Merit: 0
It’s good to have few coins with a value. And the others get from an airdrop
newbie
Activity: 112
Merit: 0
I would approve of only a couple since the vast majority of them have no utilization at all other than for Trading. Around 5 or 6 altcoins (out of +1500) really have genuine use, and about another 5 alts have a promising future...the rest are simply dreams and expectations or straight up scamcoins. However, at any rate later on the majority of the 'shitcoins' will dissapear and just the altcoins with genuine and utilitarian utilize cases will survive.
newbie
Activity: 183
Merit: 0
That's good if most of them is useful. Raising fund by ICO is easy so many company want raise fund like this, but there is many scammer take this opportunity in order to scam, so 80% token is trash. I expect that this situation will improve early
newbie
Activity: 33
Merit: 0
Its much better to have AML BitCoins. This coin cannot be stolen so imagine the potential this coin has.
newbie
Activity: 174
Merit: 0
I think keeping too many coins is not good. It's easy to disperse the funds. For both the whole market and individual investors, too many coins are not the best way.
full member
Activity: 854
Merit: 104
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?
The bulk of the types of crypto-currencies are tokens, not coins. Tokens are used in narrow spheres of our life and therefore practically they have no competitors. Coins, which are usually universal, that is, basically can be used as a means of payment, constitute a competition among themselves. However, healthy competition is good, it contributes to the improvement of the crypto currency. Therefore, I see nothing wrong with increasing the number of different types of crypto currency, both coins and tokens. Unnecessary, unpromising and unclaimed coins and tokens will eventually leave the market vseravno, will remain only promising.
newbie
Activity: 224
Merit: 0
The best to have an altcoins that is few but worth holding for long term. Invest on altcoins that will grow and we could earned profit.
There are many altcoins but some of it are scam so best it to select worth investing
newbie
Activity: 14
Merit: 0
I think it is better to have all coins in small quantity. Not only Altcoins, but also all other coins have bright future. Especially Bitcoin which has tremendous uprising development. So we should concentrate all coins for future benefit.
sr. member
Activity: 696
Merit: 258
I think having or investing in many altcoins is not a good idea or good practice, having few potential altcoins will be a good idea. Maintenance of many coins is also difficult and looking into the price trend on all coins like monitoring is also bit difficult. Having some 4 to 5 max altcoins would be a good practice and you can effectively monitor and execute your profit plans. Suggest you to choose some top 10 altcoins for better profit and safety for your investment.
newbie
Activity: 364
Merit: 0
All of we know the famous quote that “ don’t put your all eggs in a single basket”. Similarly in case of investment of this market we need to make a portfolio. If we make a good portfolio then the chance of profit and chance of reduction of loss will increase. It also reduce the risk of your investment. I personally invest different alt coin which introduced newly in the market. In this case I always try to know the reputation of that coin. And most of the cases I become success. So, to me a group of alt coin is better.
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