Topic: Is it better to have many altcoins or it is enough to have few? - page 6. (Read 4973 times)
November 03, 2018, 09:41:16 AM
i think the answer is depend on your initial money. It's useless if you have so many altcoins but with low volume. It's more better to have few with large number of volume. So when the price going up, you can feel the profit immediately. But if you have unlimited money to spend, of course you can buy all altcoins that you think have a good future.
November 03, 2018, 09:38:54 AM
I think that buying a lot of coins will save you from risks. Most investors recommend buying one coin for 10% of your capital.
November 03, 2018, 09:32:01 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?
All projects offer their idea, their products. Most projects do something similar to what already exists and compete. I mean, there will always be a lot of coins, but most of them will be gone. November 03, 2018, 09:22:23 AM
I am more pleased if you only have a few types of coins and lots of them, but that coin is very potential, with that you have nothing to lose. you can imagine if you have a lot of coins but the profit are a little, then you only collect garbage
November 03, 2018, 09:04:16 AM
In my opinion, the main amount of altcoins are useless trash. They have no value. There are few working projects. All this garbage will disappear over time. So do not buy trash in long term.
November 03, 2018, 09:03:08 AM
No need to hold too many altcoin, it will make you chaotic and difficult to track and manage them every day. Just pick out the best altcoin according to your preferences and hold it. It's easy to manage and you'll be safer to hold quality altcoin
November 03, 2018, 08:57:26 AM
when I invest, I prefer to have a little bit of altcoin but it has high value like BTC and ETH, because for me it will provide a decent profit, rather than having a lot of altcoints but no value, unless we already know the future of the coin .
November 03, 2018, 08:41:56 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.
November 03, 2018, 08:37:04 AM
I think it's better to have a lot of altcoins, and we never know the future, what we think is best at the moment might someday be a scam and I think saving more coins is a better and safer thing.
November 03, 2018, 08:22:32 AM
There is nothing good in a poor diversification. It is better to keep 10-20 Altcoins that have cool products and a powerful team, rather than 100-200 ShitCoines.
November 02, 2018, 03:13:27 PM
If you will invest your money to several coins you will have your profit any way even if some coin will not grow or project will be dead
November 02, 2018, 03:13:00 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?
It's not about the number of coins and tokens, but about their quality. As a result, only quality projects will remain on the market and we cannot yet know their exact number. Therefore, it is necessary not to interfere, let the ICO work quietly even regardless of the fact that we see a significant number of fraudulent projects. So far it is inevitable evil and it should be avoided by a careful study of the projects of ICO and their teams. November 02, 2018, 02:46:08 PM
I believe that a large number of coins is both good and bad. Among the advantages, you can definitely call the possibility of choice and increased competition between projects, it significantly accelerates development. In addition, if you collect your investment portfolio, it is better to have several coins to diversify it. But when such a number of coins on the market, it is difficult for a beginner to understand and there is a risk of running into a fraudulent project.
November 02, 2018, 02:29:07 PM
It is neither bad nor better, the goal is to diversify your portfolio and not to spread it too thin. Just have a bunch of altcoins you can manage from time to time. Spreading too thin is as good as we are feeding the exchanges with transaction fees as our trades will be very small and less profitable.
November 02, 2018, 02:20:21 PM
I think having a lot of coins is unwise. You will not be able to analyze your every coin. In addition, you can not make the right decision in the event of a sharp jump in the market.
November 02, 2018, 02:16:26 PM
In my opinion it is better to have a lot of different cryptocurrencies. you never guess what course will be tomorrow and maybe you will get lucky and your balance will double
November 02, 2018, 01:54:59 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 depends on you and on you only but i think that you will find it difficult to watch over a lot of coins so estimate your power right November 02, 2018, 01:53:03 PM
Diversifying yourself is good but in case of alt coins it's better to have selected coins in your portfolio, select only those/limited coins which you can handle properly.
November 02, 2018, 01:20:47 PM
If you don’t have a lot of coins, but they will all be worthy and have a future perspective, it seems to me that you will be very happy about it. After all, it is much better than many useless coins.
November 02, 2018, 12:40:16 PM
There are of course a lot of new good coins that are well suited for investment , I think that technology should develop and without it there will be new coins!
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