Topic: What is the maximum number of different cryptocurrencies we should invest in? - page 2. (Read 505 times)
March 05, 2018, 03:24:46 PM
There are no restrictions on how many coins you should have,there are no ideal numbers of coins but for me it is better to have less solid coins than bunch of shitcoins that could make your portfolio bleeds when the bitcoin's price has move wildy,quality is better than quantity in any market because if you have more solid coins your portfolio would be better.
March 05, 2018, 03:21:32 PM
In business and investments there is no limits on how much or how many coins or altcoins you should invest , it is for you to decide if you can or how you manage you investments , your time to monitor your coins in the market index.If you can handle and you have the money to buy bitcoin and other altcoin then you can have as many crypto.
March 05, 2018, 02:59:38 PM
There is no maximum amount of coins to invest. It all depends on the amount of coins you can control. For me, it's better to have a smaller number of coins, with more profit than a lot, which may be worthless.
March 05, 2018, 02:59:26 PM
I think it's hard to say a certain number. But I believe it's an advantage to have a variety.
Therefore I am trying to diversify what I have.
Therefore I am trying to diversify what I have.
March 05, 2018, 02:58:38 PM
I think it doesn't matter. You can invest in all cryptocurrencies, the most important thing in my opinion to they were investment prospects. IMHO
March 05, 2018, 02:47:28 PM
There are no such thing as an ideal number of coisn that you should hold,it is really depends on how many coins you can monitor daily?because if you have bunch of coins and few are failing you wont be able to know it because you have too many coins.Less coins less mistakes remember this the more quality coins you have the less headaches you will receive.
March 05, 2018, 02:41:11 PM
42
March 05, 2018, 02:39:09 PM
in 3 months i got into 25 coins total, but iam trying to reduce this a bit, because it is hard to be always informed what the different projects are doing.
March 05, 2018, 02:34:43 PM
While 3 seems small, I like the idea of keeping it small. Currently I have way more bags than I can handle, and I am looking to get rid of a lot and go under 10. Once I get under 10 coins, I will make it my goal to never go above that again.
March 05, 2018, 02:23:47 PM
I was reading some expert opinions about investing in cryptocurrencies and found that it's best to invest in three different cryptos. What is your opinion?
There are no such thing as an ideal number of cryptocurrency investments,it is really depends to you the less coins that less headache you will have.There are no minimum and maximum numbers of coins that you can invest,but for me less coins will be less monitoring everday.Three type of cryptos? these people are surely not an experts because no experts will say which is which because here you need to do your own research. March 05, 2018, 02:16:14 PM
I believe there can be only two strategies:
1) You invest in almost all of the reasonable sounding ones in hopes that one of them will be the next Facebook, google, amazon, etc.
2) You make a really deep research or have a lot of technical knowledge and you stick to 4-5 projects with the max potential.
1) You invest in almost all of the reasonable sounding ones in hopes that one of them will be the next Facebook, google, amazon, etc.
2) You make a really deep research or have a lot of technical knowledge and you stick to 4-5 projects with the max potential.
March 05, 2018, 02:00:00 PM
I was reading some expert opinions about investing in cryptocurrencies and found that it's best to invest in three different cryptos. What is your opinion?
It depends on your thinking, you can invest in more than a hundred or just in two, just invest in coins that you think you could earn, good luck. 
March 05, 2018, 01:59:43 PM
I was reading some expert opinions about investing in cryptocurrencies and found that it's best to invest in three different cryptos. What is your opinion?
I'd say that 3 is not the maximum. Investing in about 5-10 currencies is rather okay if you choose, say, a strategy of investing in first 5-10 coins on coinmarketcap and hold for about a year. I calculated elsewhere that so far this strategy would've been a very profitable one. If you pick one or two among them, it can happen that they'll get out of the top and you'll lose overall.If you want to do trading than it's better to start with 1-2 coins and keep track very attentively. For short-term investment it is better to buy a small amount of coin, so that you don't miss the sell time.
March 05, 2018, 01:58:45 PM
And each has their own approach , for example, I invested in 10 coins on them . But it is better to choose yourself and not to listen to anyone . To study the projects and to invest , which would then not blame anyone
March 05, 2018, 01:57:45 PM
I think there is no maximum, because a lot of them have big potential. Some have more and vast majoriy will fail. It is great idea to invest in all that have some potential for growth.
March 05, 2018, 01:45:06 PM
it depends on how much money you have and also what is your aim for investing in crypto
if you have 1.000 usd for investing, then better max 4 coin you buy
if you have 100k usd to invest in, then you can invest in 25 coins
if you want to catch the big fish, you should not divide your money into small pieces
if you have 1.000 usd for investing, then better max 4 coin you buy
if you have 100k usd to invest in, then you can invest in 25 coins
if you want to catch the big fish, you should not divide your money into small pieces
March 05, 2018, 01:44:47 PM
As much as it's hard to follow up and keep watching a big number of cryptocurrencies, as I believe it's safest and better for the long run. Diversifying you investment could be in a different forms, personally I follow:
25% BTC/ETH
25% ICOs
25% Altcoins I believe in (4 - 8 different ones)
25% Altcoins I like (4 - 8 different ones)
I think I am holding a big number but I found it safer myself.
25% BTC/ETH
25% ICOs
25% Altcoins I believe in (4 - 8 different ones)
25% Altcoins I like (4 - 8 different ones)
I think I am holding a big number but I found it safer myself.
March 05, 2018, 01:41:53 PM
It is not convenient for me to invest in a large number of different coins. They need to be constantly tracked. If you have 30-50 coins in your portfolio you will spend several hours trying to follow each of them to be able to get out in a proper moment. It is much more convenient to watch 5-10 coins.
March 05, 2018, 01:36:41 PM
I try to keep it to a minimum but it's hard with so many promising coins and tokens that will be adopted soon.
March 05, 2018, 01:31:26 PM
In my opinion, it is better to invest in few currencies as you will have to do a big research on each of them to be sure of their reliability. I don't mind investing 20$ in some new currencies on the market but still would find out more about them before doing this. I don't want to pay for a dead horse even 20$.
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