Whats better holding many coins or fewer coins? - page 3.

Hughes_Ryan

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Quote from: fuckcrypto on May 29, 2019, 03:21:21 PM

It should be much easier for the coin with a lower market cap to make much more gains than with Btc, right?

Not really. Most coins with small market capitalization are new coins, my own, I will not choose such coins to adventure with higher risks. A little variety, and don't forget to give maximum priority to BTC and ETH. I will not trade it all as a gamble. Wink

breathlessz

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Quote from: spike420211 on June 21, 2019, 06:06:56 AM

As they say in one famous book, 20% of our actions give us 80% of the result. With coins in the same way. It is better to keep the top 5 coins than 30 different. Diversification is good, but it must have its limits. The more coins you have, the harder it is to manage them, the more mistakes you will make and lose on it.

right, the more coins, then we will be difficult to manage. and of course more time will be needed to examine the coins one by one. therefore focusing on a few coins will maximize our analysis, so that our analysis is more accurate

spike420211

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As they say in one famous book, 20% of our actions give us 80% of the result. With coins in the same way. It is better to keep the top 5 coins than 30 different. Diversification is good, but it must have its limits. The more coins you have, the harder it is to manage them, the more mistakes you will make and lose on it.

welchmgra

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Quote from: fuckcrypto on May 29, 2019, 03:21:21 PM

I know the question sounds stupid.

But my questions is, if i have 50k should i rather invest in bitcoin, ethereum or a other high market cap coin compared to a small market cap coin were i could almost own 0.1% if the coin supply is 1 billion and trades at 5 cent.

It should be much easier for the coin with a lower market cap to make much more gains than with Btc, right?

Holding a lot of coins can be useless most of the times. Having so many coins that you can't even monitor properly or get proper information on all of them is really a waste of time it is best to invest in few coins that are worth your investment, and the ones that you can easily keep track of and know what's happening in the market and be able to take any action you want quickly. If you keep on investing in small coins you will just end up with loss. I've seen someone that did that and all he got was huge loss, so he had to sell all the altcoins and then invest the little remaining money in Bitcoin. You can even choose Bitcoin alone.

slaman29

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Quote from: barbara44 on June 21, 2019, 12:32:53 AM

We still have old projects that people will shift their attention to later in the future when the table turns, because I am not much impressed with newer projects has they having nothing that much to really offer.

I'm 100% on with this. There are a LOT of old projects that are still holding onto a lot of potential. I myself I got into them 2 years ago and they disappointed me with how they performed in terms of price, but they did not disappoint me in other terms of growth, adoption and development. Their time will come, not just the established ones like Litecoin or Monero, but also the ones sincerely developing like even Byteball.

coingrowth

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Holding a few potential coins is always helpful for us to make some decent profit instead of holding multiple small valued coins. That's why many people are kept saying you need to research before investing in any coin, once if you satisfied with your research then you can start investing in it and hold it for long term.

jonaire99

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I prefer to hold only few coin and these are known profitable for long term. I traded must of the coins that I bought especially the low cap ones and hold some of the tol coins for long term. But in these days where many coins and tokens are created and listed, it better to find the coin where investors will possibly spend their funds. Bitcoin, ethereum, and litecoin are experiencing price increases because of the some events related to them.

barbara44

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Quote from: Vishnu.Reang on June 16, 2019, 04:28:14 AM

One thing that I have learned from all my time here is that holding the little known alts is not worth the effort. First of all, there is a great chance that these coins will become dormant in a matter of few months. And secondly, you need to store them in the exchange wallets, as installing the desktop wallet for each of them is not a good idea.

It is not every known altcoins that is not worth given a try for investment or trading, I know the trend has been for new projects for investors, most especially for new investor, which is why some older coins are not seeing much growth again, not because they have had projects, but because investors are beginning to engage more on new projects believing that they will give them better profits.

We still have old projects that people will shift their attention to later in the future when the table turns, because I am not much impressed with newer projects has they having nothing that much to really offer.

calya

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Quote from: Finestream on June 20, 2019, 06:21:04 PM

Quote from: Ayiranorea on June 20, 2019, 05:31:02 PM

Diversified investment is always good, and by the time we need to analyze better and invest on potential altcoins. In the name of investing should not do random pick of coins from the list that has got 2000+ cryptocurrencies. Holding few is also good, but if there is some form of market crash then the portfolio value gets affected in large scale. The same with large number of coins in the wallet the portfolio value won't be affected that high as one coin might experience drop while some will be gaining.

Having a large number of coins to hold might be very hard to handle and is full of risks.It might be profitable if you can handle the stress and fears along with it.That is why some of the people here prefer to hold few but chosen coins that will grow its potentials along with time.It would still be very profitable if all those coins will surely make a pump after holding for a long time.

we need extra effort to find new key update that rellated with its price in future.if we don't do this , i am sure we will miss important news that has impact to our assets value.and also holding many several coins will help us to spread the risk and profit potency.

in my opinion its not ideal amount for portofolio.personally i am prefer to hold only around 6 coins.we could reallocate our fund to this coins in bigger amount.so we will get more profits in price start rising.we will not find the difficulties to monitor the update from team if only 6 coins.

Finestream

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Quote from: Ayiranorea on June 20, 2019, 05:31:02 PM

Diversified investment is always good, and by the time we need to analyze better and invest on potential altcoins. In the name of investing should not do random pick of coins from the list that has got 2000+ cryptocurrencies. Holding few is also good, but if there is some form of market crash then the portfolio value gets affected in large scale. The same with large number of coins in the wallet the portfolio value won't be affected that high as one coin might experience drop while some will be gaining.

Having a large number of coins to hold might be very hard to handle and is full of risks.It might be profitable if you can handle the stress and fears along with it.That is why some of the people here prefer to hold few but chosen coins that will grow its potentials along with time.It would still be very profitable if all those coins will surely make a pump after holding for a long time.

Ayiranorea

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Diversified investment is always good, and by the time we need to analyze better and invest on potential altcoins. In the name of investing should not do random pick of coins from the list that has got 2000+ cryptocurrencies. Holding few is also good, but if there is some form of market crash then the portfolio value gets affected in large scale. The same with large number of coins in the wallet the portfolio value won't be affected that high as one coin might experience drop while some will be gaining.

Best Dreams

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Quote from: logicgate on June 17, 2019, 05:51:19 AM

Quote from: semobo on June 16, 2019, 12:46:25 PM

I think the better is you can hold few coins which will be useful in your future otherwise if you hold huge amount of investment without any use it will not been giving the profit for you in your future that's why I am saying this

The output of your investment will be great if you invest in a precious coin in large quantity. The more the investment is on large scale the more will be the output results. Furthermore, there are several factors which are also involved to make it happen and not only the above 2 factors. Your day-to-day dealing with the crypto market will help you make the right decisions and you sell right away when you find yourself earning massive profit.

To some extent I am agree with you idea, it is much better if you invest huge amount of money in one coin or more than one coin, in case of holding it is profitable to invest only in bitcoin and ETH because only both of them are profitable coin, now a day there is very tough competition so we should remain active and hold fewer coins.

Blue_oxen

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Quote from: TobiasVR on June 14, 2019, 10:27:52 AM

Quote from: emberbekas on June 12, 2019, 11:11:35 AM

Holding fewer coins but only on the best coins like bitcoin and ethereum, in my opinion, would be more comfortable than holding lots of coins but on the new ones. Moreover, the progress of bitcoin and ethereum are more easily to be monitored because of their popularity.

the safest risk is also to hold a few coins but have a good future like ethereum and bitcoin, but there may be some other coins which are also still good for holding in large quantities like litecoin, neo and cardano. I think doing a lot of holding is not a problem as long as the coins are still potential.

Holding a lot does not bring many benefits for investment but if the coin has good liquidity, your profit will be much higher than others. In fact, any investment will be risky if you choose long-term investment but if it is a good project, the risk will be greatly reduced. I am personally investing in some of the top coins that are available on this market and I am still making good money up to now.

henmark

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I would say that holding a few coins that you're sure are very good and will yield you some good profit in the long run is better than holding a lot of shits that are not going to earn you anything in return. I have seen some people that buy lots of shit coins maybe because they are cheap and at the end of it all they will end up not having anything in return, most of them will lose more than half of what they started with, so that is a waste of time. Just go for few coins that you're sure are really good and you will be okay, if one fails, you will still recover from the others.

guoyu78

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Quote from: Distinctin on June 14, 2019, 01:23:11 AM

Quote from: Xalata on June 13, 2019, 05:26:20 PM

I think it is better you buy a few coins which you can monitor than having a lot of coins that you might lose track of. Its better you bite what you can chew, than you losing a lot of money.

This is a correction suggestion, there's a lot of changes in the project, you should be monitoring it properly, hence buying few coins will be easy for you to monitor as long as you are buying a high potential coin, this could result to a huge profit in the long run.

Big project normally delivers great result, especially if you hold longer as its development will surely continue.

If the reason why people are against holding many coins I because of being able to monitor the coins, we have lots of application that helps one keeps track of the development of these coins which is usually trough their value before considering other measures, and one of such application is blockfolio, in my blockfolio.

I have all the list of all my coins in this application, and from there I am able to monitor each and every one of them and even able to trade the ones that can be traded, I am really not against investment in many coins, because what we all do here is try and error and except the coin is Bitcoin and Ethereum, there is no other coins that should be relied on 100 percent.

logicgate

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Quote from: semobo on June 16, 2019, 12:46:25 PM

I think the better is you can hold few coins which will be useful in your future otherwise if you hold huge amount of investment without any use it will not been giving the profit for you in your future that's why I am saying this

The output of your investment will be great if you invest in a precious coin in large quantity. The more the investment is on large scale the more will be the output results. Furthermore, there are several factors which are also involved to make it happen and not only the above 2 factors. Your day-to-day dealing with the crypto market will help you make the right decisions and you sell right away when you find yourself earning massive profit.

Jatawneh

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Quote from: fuckcrypto on May 29, 2019, 03:21:21 PM

But my questions is, if i have 50k should i rather invest in bitcoin, ethereum or a other high market cap coin

you need to use capital management to manage your holding alts, because putting all of this money in few alts is risky, hold as many as you can from the good alts and start do a swing trading the one pump first sell and wait to buy again low of but another one did not pump yet.

you can have a look at this article regarding capital management.

https://bitcointalksearch.org/topic/m.47335445

Harlot

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Just think about maximizing your profit don't think the words “don't put your eggs in one basket” to literally as if you don't have much to work with then you are'nt really maximizing your money if you put then to several cryptocurrencies. Real traders may even look at it as you being indecisive on what position you will hold and what position you won't. Holding several cryptos only means that you aren't sure with the rest of what you are holding. I would prefer holding 2 to 3 cryptpcurrencies in my portfolio at max so I can also manage them easily in the future.

peter0425

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Personally, I would rather old only a few coins, simply because it's easy to maintained. And it's good if you are going to hold just a few good coins instead of having to spread it out multiple shitcoins. Preferably coins in the top 10 list will do better as compare to those ICO tokens that you wish will go to x10 to x100 in the future.

semobo

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I think the better is you can hold few coins which will be useful in your future otherwise if you hold huge amount of investment without any use it will not been giving the profit for you in your future that's why I am saying this

Topic: Whats better holding many coins or fewer coins? - page 3. (Read 11609 times)