Topic: Is it better to have many altcoins or it is enough to have few? - page 5. (Read 4973 times)
November 18, 2018, 02:47:08 AM
I think diversifying your portfolio is always a good choice but this basket should include strong altcoins, ethereum, iota, stellar lumens, ripple, cardano. These can create a strong base (ethereum) and has a great potential (stellar and cardano)
November 18, 2018, 02:45:24 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?
I prefer to have a lot, not due to the fact that it is necessary, I just consider some of the Coin and if they are impressive with their progress, then I take them. This applies to coins at the bottom of the list, where their price is very small and the prospects for every twentieth. November 18, 2018, 02:42:21 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?
It seems to me that it makes sense to buy not so much, but qualitatively. It does not all depend on how much you invest. The main thing in what period of time and where you invest. I think that the second option better
November 05, 2018, 10:31:04 AM
It depends on what you strategy is about. I am trying to hodl the most possible amount of different coins. But it does not mean that I am buying every coin. I spend a lot of time by investigating each token and only after such a process, I am buying some of these coins.
November 05, 2018, 07:33:18 AM
More than one coin investment can be distributed to reduce risk. But I'm not in favor of investing in high-volume coins.
November 05, 2018, 07:12:14 AM
When my friends ask me if its better to have many altcoins, I say that nothing is wrong with that but as long as you value your portfolio, you can modify it with the best coins and useless coins.
But for serious matters, its better to have fewer coins that has larger value than many altcoins.
But for serious matters, its better to have fewer coins that has larger value than many altcoins.
You never know how this or that coin behaves. It happens that a small little-known coin gives such an increase that it covers all losses and exceeds all expectations. It's better for me to have a lot of different coins in my wallet.
Unlike having a few coins but the strongest only in your portfolio would make you stable though the market has been dropping.
November 03, 2018, 06:51:55 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?
Have many coins is the best as it say do not put your egas in one basket. Try to do capital managment
Have a look at below post regarding capital managment.
https://bitcointalksearch.org/topic/m.47335445
thank you for this information
November 03, 2018, 06:07:42 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?
Have many coins is the best as it say do not put your egas in one basket. Try to do capital managment
Have a look at below post regarding capital managment.
https://bitcointalksearch.org/topic/m.47335445
November 03, 2018, 02:36:18 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.
November 03, 2018, 02:05:57 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?
Altcoins should develop without any restrictions. This is especially true for ICO projects. This folk art is very useful, despite the presence of now useless and fraudulent projects ICO. Of the entire array of emerging tokens, the market will leave only useful and in demand. Therefore, one should not be afraid of their glut of the market, there are not many tokens on the market at all. November 03, 2018, 02:05:22 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?
based on my experience it is better only hold a few altcoins but in large numbers and have done previous research rather than holding many coins because this will make you confused in managing it
besides that, sometimes you'll also miss the good and bad news about the altcoin you hold because there is too much to follow
November 03, 2018, 01:39:42 PM
When my friends ask me if its better to have many altcoins, I say that nothing is wrong with that but as long as you value your portfolio, you can modify it with the best coins and useless coins.
But for serious matters, its better to have fewer coins that has larger value than many altcoins.
But for serious matters, its better to have fewer coins that has larger value than many altcoins.
You never know how this or that coin behaves. It happens that a small little-known coin gives such an increase that it covers all losses and exceeds all expectations. It's better for me to have a lot of different coins in my wallet.
November 03, 2018, 11:36:15 AM
I think enough the few, 50% strong and 50% new potentially high profitable.
If you have too many coins you can need to store many wallets and registed at many exchanges
If you have too many coins you can need to store many wallets and registed at many exchanges
November 03, 2018, 11:33:56 AM
I think we better to have a few of altcoins, because in this year the most altcoin is worthless.
So, choose some promising altcoins.
I've only had at most 10 coins that I would invest in. Anymore would cause my portfolio to be unorganized. So, choose some promising altcoins.
November 03, 2018, 09:47:02 AM
I think we better to have a few of altcoins, because in this year the most altcoin is worthless.
So, choose some promising altcoins.
So, choose some promising altcoins.
November 03, 2018, 11:18:09 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?
Having that many coins could give some profits. The only thing about that is that it's expensive. November 03, 2018, 11:11:00 AM
Be wise and choose coins that are felt to have a profitable opportunity. Investing with many altcoins can be profitable and can also be detrimental. I think it's better to only have a few coins but have a big opportunity in crypto's market.
November 03, 2018, 09:48:25 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?
Very interesting question, I think you answered it yourself already. I prefer to buy a lot of altcoins because if you keep money in many altcoins, there are more chances to earn money, and if you keep money in one coin, you can lose everything quickly.
November 03, 2018, 09:48:13 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?
It depends on how much do you have, and how much have you spent to have it. Take note that there are over thousands of altcoins existing in the crypto space, and only few has value and usage. Having only few, but smart investment on altcoins can still give you more profit than having tons of shit coins.
November 03, 2018, 09:46:24 AM
it is about risk management. if you buy many altcoin then most likely you will receive avarage profit. if you want more profit, then you should study many coins and try your luck buying only several.
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