Topic: Is it better to have many altcoins or it is enough to have few? - page 48. (Read 4957 times)
I think it's better to invest in many crypts of small amounts.If we invest only in one crypto, then the entire profit and loss will depend on one crypto. But if we invest in a number of cryptos in small amounts thee risk will comparatively decrease in nature.
i think there are still many problems in our life and each coin can solve own problem. Besides, this is a fair game. any one have idea and ability can create their projects. I believe this is good for our life
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 depends on your capabilities.and ofcourse the funds because if you have limited budget to invest,then why need to ve many coins?but as what i am doing?i only have five coins now including bitcoin to diversify the position to gain
I adhere to the strategy of 50% - bitcoin, 20 Etherium, and 30% altcoins, if any of the violas gives 100% - then I bring profit to another coin, the rest Hold.
Quality over quantity. Better pick few but good altcoins, especially when your buying them with your own hard earned money. There are too many altcoins around and some of them were what we called shitcoins. Be very careful and take time to research.
of course its better to have many altcoins because if you hold all of them at least 1 year then you will be millionaire, but if that all are shitcoins maybe I still keep holding maybe one of them will go to the moon.
Holding a lot of altcoins will be a great advantage in the future. There is a lot of ways to earn a lot of altcoins at once and there is a way if you don't have any money to invest.
The more you have, the more altcoins you will be waiting to pump in the future.
Its dificult question you can have some good coins and 100 s sheetcoins so i thnk better have some good coins with working dev team and upcoming features.
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?
What I feel of holding altcoins is that it is just a game of GAMBLE. You never know which coin is going to get you high returns and which coins are gonna cost you like hell. Altcoins are risky investment. Having so much of them is not is not what matters....What really matters is QUALITY and not quantity. So before investing your bucks into some alternative coins, you need to make a proper survey or research into that particular coin. That might save you from the risk of losses. Try to make you investment portfolio diversified! P.S.: Save yourself from SHITcoins in the name ALTcoins!!
It is better to have a lot more altcoin stored because we can trade as much as we can. Depending on what altcoin could raise their price in a shorter notice. This could possibly be one of the most strategies we could use when we enter trading someday.
I believe it’s better to have a few managable altcoins, it is easier to keep track. But
having more does comes with profitable outcomes. I myself would want to invest and
keep many altcoins as long as I can keep up and make well with it, they are investments
afterall and are excellent choices for a a long term investment in this market. I could
say more is better than having less.
having more does comes with profitable outcomes. I myself would want to invest and
keep many altcoins as long as I can keep up and make well with it, they are investments
afterall and are excellent choices for a a long term investment in this market. I could
say more is better than having less.
keeping more coins can bring both advantages and disadvantages. If you invest in just a few coins and you invest more money and if they rise you earn much more than waiting just for every coin to increase but if they fall than you won`t have any option than to cut your losses or hold .
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 prefer to invest in a bunch of altcoins than investing only in BTC. The good thing in altcoin is that you can pick as many as you can rather than bitcoin. Though we all know that bitcoin is the king of cryptocurrency, we cannot say that it is good in all times. Remember, there is always a bearish period in bitcoin. 
The best way to make sure of your profit is to make research about your altcoin and its potential to be successfull in the future. The number of altcoins will not be the basis to take more profit in the future.
Yes the number of altcoins you have not the basis that it will take you to have a huge profit. It really depends on a persons on how he can manage in diverisfying his funds to altcoins will choose. Also depends if the altcoins growth will be good in the future. Yes doing a research will always helps to pick the good ones. 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 the function of a few coins are the same then I think it is not needed as if a duty is completed by one coin then it is useless to have a similar one only in cases if the developers of one are not active or expert for the support and development of the previous coins. While if an altcoin has some special features or a coin is supporting a particular project under its project then it is not bad because if will give benefit to the whole community.
The best way to make sure of your profit is to make research about your altcoin and its potential to be successfull in the future. The number of altcoins will not be the basis to take more profit in the future.
nowdays many airdrops of altcoins , i think if you get some from it and hold some of it ( if the project have a good future ) it's will be good , so i'm with hold many altcoins .
The benefits are that the altcoins have different teams and different developments or the price of one raises a lot while the others can increase a lot in other months or years... you get many profits.
The disadvantages are that if you find many altcoins that have no use in real life you can lose a lot of money, just see examples of some altcoins that in only 3 months fell from 600 satoshi to 150 satoshi and imagine if you had invested in 10 projects like this? You would be with huge losses and a lot of disappointment.
The disadvantages are that if you find many altcoins that have no use in real life you can lose a lot of money, just see examples of some altcoins that in only 3 months fell from 600 satoshi to 150 satoshi and imagine if you had invested in 10 projects like this? You would be with huge losses and a lot of disappointment.
It is better to have many coins because the truth in the crypro world is that the coins are volatile to we do not know which coin will dump and pump so if you are holding many coins and all pump a big big profit awaits you.
It would be very difficult to manage each coins you have and because there are so many altcoins there are big chances that most of them can fail you besides you will need to invest much money to invest for each coins. I prefer to have fewer coins to have and actually I only have bitcoin as of now.
This branch should be moved to the altcoins section. As for tactics the acquisition of coins that each person has their own thoughts. I prefer to buy no more than three altcoins. The main savings I keep in bitcoins. I think that this coin has always been and will be the most popular and protected from collapse in the future.
Bitcoin is still the best and most trusted crypto coin all over the world.But with altcoins,i'd still like to have it a lot.We may never know that the least value altcoins today will hold the most valuable altcoins in the future.But still i suggest to research first about these coins before investing to it. Jump to: