Topic: Is it better to have many altcoins or it is enough to have few? - page 39. (Read 4949 times)
It depends on how you would manage your holds. Is holding more coins difficult than holding a few coins? Of course it's harder to handle more at the same time. Hold and manage as much as you can as long as you can handle it with composure. On my case, I do HODL the most promising coins that I have and play scalping on those coins that are going ups and downs in a fast pace to earn more coins and cut off some profits.
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 is good to have many alternative coins because you got more possibility to have profit because of diversification but the problem is, there are many coins that are usually ending dump. In this problem, the possible solution is to identify the legitimate coins and it is hard considering there are at least 13000 altcoins available. Also, altcoins have no real life use unlike bitcoin and it is just use as money.
of course , its better to have more altcoins because there is a big possibility to have more money in having lot of altcoins
I think there are pros and cons to having many altcoins. I will keep a wide diversity of coins, though I suspect over time the market will be more selective about the coins attracting investment. It's hard to say how many will survive the current and future bear markets.
For me I only hold those coins which I see potential of growth or If they can give me profit no matter how many they are. It is always good to have many different coins to hold rather than focusing on one. The best thing about holding different kinds of coins is if one fails then you still have multiple coins you can rely on compared to focusing on only one.
Having multiple coins can help you to really understand how different types of cryptocurrencies works. The changing strokes of those is not always the same. It might help you to catch up what's really best from those then the other coins left will perhaps be the next so you have many choices of coins that result into many chances too.
Will is it better for me to have many altcoins because cases like this you can choice what are the coins prices high expensive and the others coin moving low value you can kept it while waiting for the price high so its not risky to changes your coin .
Having many Altcoins is better than having few cecause it's profitable. As the prices increase, so do your profits....
a lot of coin for me is very good, is there anyone who plot a little coin for me any coin if that's a lot of tenyu it's nice
If you have substantial funds to buy many altcoins then try to buy as many as you can. There are many potential coins in the coin market but you should try a little research first before you go on a buying binge 
Yes, of course. It is better to have all bitcoins rather than a single bitcoin. If you have more alt accounts, then your risk will be lower. So, Having more accounts are safe.
Well for me I prefer to have 5-10 altcoins to hold since im a hodler for long term, I want it that way to have a balance investment capital for each. I make sure that I chose the best coins that has potential and will likely to give me good profit as soon as the coins increased.
Some prefer to hold many altcoins because they think its more profitable compared to holding few coins but I think it depends on your strategies and how you deal with it.
Some prefer to hold many altcoins because they think its more profitable compared to holding few coins but I think it depends on your strategies and how you deal with it.
I think 10-20 are enough as it results in healthy competition. More than this causes confusion among the buyers.
split your investment in multiple things always safer than you put everything in one basket.
in many coin mean you split your risk to minimum as you can.
it's hard to know all good things from many ICOs really so invest in many altcoins should bring you some nice surprise
in many coin mean you split your risk to minimum as you can.
it's hard to know all good things from many ICOs really so invest in many altcoins should bring you some nice surprise
too many altcoins?maybe its good for someone who can see altcoins as good investments but some maybe not.There are numbers of altcoins in the market today but some people will invest on where they are familliar and where they have idea.Some investors may split their altcoins into some investment.
It is very simple many coins equals more profit, few coins equals less profit. but if you split it in different altcoins if one crash you can run to other.
Build your cryptocurrency portfolio using a risk-reward formula. You’ll have to decide how much risk you want to take on and that should influence which coins you invest in. Diverysify into multiple different coins and split your cryptocurrency portfolio into several tiers of investment. Keep atleast 50% of your portfolio in safe-ish coins like Bitcoin, ETH and Monero etc..
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 not hurt if you have a lot of coins to be an investment asset, most importantly you have to in detail choose the type of potential coins to be a future investment asset. do some research based on your confidence and find a reliable source before deciding to invest in the type of coin you choose. kriptocurrency market is very fluctuating, of course you can feel the benefits and losses of the fluctuations in market price movements. 
if you decide you want to have altcoin that much you should see the altcoin you want to buy should you buy altcoin that really has a good product and very useful for the people. lest you buy the wrong altcoin because altcoin is now very much at all.
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 a saying - never put all the eggs in a one basket. But I think we need to be careful in how many "eggs" we invest our money. It is good to have several coins and not to overdo it. I personally like 4-5 coins in which I look to invest.
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