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Topic: Whats better holding many coins or fewer coins? - page 6. (Read 11630 times)

legendary
Activity: 2030
Merit: 1028
Every coin have their own risk and their own value.
So far , token's value represent their market situation if we talk about bitcoin, it's quite high so you able to invest more less amount compare with doge ( they have more max amount of total supply )

I mean that whenever holding many or fewer are useless except choosing the best one
sr. member
Activity: 1274
Merit: 263
You will gains more profit for the coin who have lower cap because if the value rise you earn more but bitcoin you can still earn more money because that coin is very potential coin and most of the people trusted to this coin so it will rise very high.  Bitcoin started at lower market cap before and started growing big after few years and became very high market cap last 2017 and even until now. What ever you choose you have chance to gets high profit depends to the coin and the potential of it.
member
Activity: 546
Merit: 17
This is not a stupid question, this is a very reasonable question, and in my opinion it is better for you to hold just a few coins, which according to the regulation are really good and potential, such as ETH and XRP
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
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?




Well this is obviously and easy answer, of course you should invest in bitcoin, whether you are looking for long time investment or short term invesment, bitcoin is the best option for anyone wanting to make profit from the crypto currency market, considering how the market right now is flooded with shit coins and small cryptos, investing in them would not get you that much investment, even if you like invest in 50 coins they will not get you any profit compared to what bitcoin could give you.
I think if you are looking to minimize your risk, you should have more and more coins in your portfolio which means that the risk of loosing value would be minimized if you HODL more coins. But the case could be different as well that is if you HODL Bitcoin which is the best coin, your chances of loosing money would not be so high so yeah, go with what you love.
This your formula to crypto investment success is quite too technical, if you hold more coins and all of them end up turning to shot coins, and only bitcoin is still thriving among them, would it not have been better you gather all the money you would have used for those coins to put in bitcoin for more profits?

I don’t believe there is any risk in bitcoin for now, provided the investor invested when the price was down. I am not typically against holding altcoins, but it should be alts that are valuable like bitcoin, rather than holding 100 alts, I will rather prefer to just hold 8 or 10 coins more added to bitcoin at max.
hero member
Activity: 3052
Merit: 651
That is not true.

You will never know when a price will surge and also will fall.
Yeah go to something with low market cap but it will just be the same as bitcoin. The price is also volatile and nothing can be predicted accurately.
The best thing you could do is lower the risk of losing.
One how to do that is simple.

Go to the trusted one instead of risking to a newer coin. Nowadays, new coins tend to just fall in the long run instead of rising. Unlike bitcoin which could be seen right now on how its market flows.
member
Activity: 700
Merit: 12
Yes, it is not a good idea to hold multiple coins, so it is good to choose very few coins which have active developments and it will help you to keep track their developments and their prices in the market. Multiple holding will not help to concentrate on the potential coins.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
I prefer to hold only few coins like bitcoin and ethereum because it is more manageable and will not cause a lot of stress. Holding multiple coins is not advisable for me because it is time-consuming and requires more attention. If I have enough time, I'd rather trade the other coins that I can't able to hold because they are more profitable.
Yes, having more coins requires a lot of time to monitor and to manage it especially if you do trading. If i have that $50k worth of money then I would invest it on different assets, with bitcoin, eth and stocks because we need to diversify our money and not just holding more coins, which can become useless in the future. I don’t have much altcoins, i still prefer those who are place on top.
legendary
Activity: 1526
Merit: 1179
You can get more profit if you buy a coin with less capitalization. But it is accordingly more risky. Therefore, you need to choose these coins very carefully.
Choosing coins very carefully? The sad reality in this market is that the most scammy coins tend to pump harder than the legit ones with a business and a whole team of developers behind it.

Overall, I would say that you shouldn't 'carefully' choose coins, but pick like 5-10 random shitcoins and sit on them. If even one ends up pumping, you'll make all your money back with a thick fat profit on top of it.

As long as you're using money you can afford to lose it might be worth doing so. Best is obviously to stick to Bitcoin or even Ethereum and Litecoin, but people somehow like to invest in garbage, so go ahead.
full member
Activity: 938
Merit: 105
it would be better if you hold a little type of coin (a trusted coin or is the 100 best listed coinmarketcap) in large quantities, so you can easily control the price of coins that you hold.
It is a subjective thing I think if there is profits in HODLING coins, you should HODL as many coins as possible. The more assets you have, the more chances of making money in those assets provided the assets are profitable and have good value gaining ability. It could be crypto assets as well as the real market assets. What matters is the money you make.
I just hope that you are choosing the best coins and not the shitcoins that is flooded already in the market. Cause it couldn't never be profitable anymore if you buy those dead coins. We can think that there is chances to grow and have a better price but think of how long we have to wait for it, or thinking that you are wasting a lot of time for this shitcoins and could possibly lose your funds.
hero member
Activity: 2968
Merit: 687
it would be better if you hold a little type of coin (a trusted coin or is the 100 best listed coinmarketcap) in large quantities, so you can easily control the price of coins that you hold.
It is a subjective thing I think if there is profits in HODLING coins, you should HODL as many coins as possible. The more assets you have, the more chances of making money in those assets provided the assets are profitable and have good value gaining ability. It could be crypto assets as well as the real market assets. What matters is the money you make.
If its real market assets then its considerable but talking with various numbers of coins then it isn't a sure thing for it to give out profits.
Its always been suggested on never put all of your eggs on a single basket but sometimes we are making this thing way too carelessly or without
have proper plans that why we do end up on getting stacked.
hero member
Activity: 1092
Merit: 501
it would be better if you hold a little type of coin (a trusted coin or is the 100 best listed coinmarketcap) in large quantities, so you can easily control the price of coins that you hold.
It is a subjective thing I think if there is profits in HODLING coins, you should HODL as many coins as possible. The more assets you have, the more chances of making money in those assets provided the assets are profitable and have good value gaining ability. It could be crypto assets as well as the real market assets. What matters is the money you make.
sr. member
Activity: 1876
Merit: 264
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?





if you can put your money into bitcoin and make it a form of long-term investment and not used as a trade in a short time, I think it can provide many benefits in the future.but it all depends on your own self-confidence because all the risks that will be faced can only be accounted for alone
sr. member
Activity: 770
Merit: 250
You can get more profit if you buy a coin with less capitalization. But it is accordingly more risky. Therefore, you need to choose these coins very carefully.
hero member
Activity: 2996
Merit: 609
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?




Just an advise,you should not consider on buying up coins if you do base on owning it with 0.1% of the entire supply.Always look up

for the projects potential because no matter on how big or small the supply is,if the project is good or does have potential it will
surely be supported.

As you said you do have 50k to invest on but since you aren't sure on the step you are going to make then better stick out to
those coins you had mentioned.
full member
Activity: 815
Merit: 101
I prefer to hold a little coin but the coin has the potential and has the potential to grow tall. this becomes one of the good profit producers rather than having to hold lots of coins but we don't know the potential of the coin.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
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?




But if that cheap coins decreases on its value in cents you might lose 50% of your capital.More profits will always have high risk,choose on your own.
legendary
Activity: 1302
Merit: 1037
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?


I prefer to put only a few coin major, actually putting a lot of coins is pretty good but the problem is that it will be difficult to manage financial assets later.
Especially if you choose the wrong coin
It is good to diversify but managing those assets like you said becomes a problem. I learnt my lessons from one of these coins that I had, I couldn’t keep eye on all the coin which I was only monitoring the major coins and waiting for altcoins season to come before I check other remaining coins, it was later in the new that I saw that the coin pumped one of these days by 400% and already dumped>

It was really painful to me because I had so much investment which would have been a major breakthrough for me. So now I have learnt to just keep my investment in very few solid projects that I am sure of and be able to monitor from time to time.
full member
Activity: 658
Merit: 102
I prefer to hold only few coins like bitcoin and ethereum because it is more manageable and will not cause a lot of stress. Holding multiple coins is not advisable for me because it is time-consuming and requires more attention. If I have enough time, I'd rather trade the other coins that I can't able to hold because they are more profitable.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
To hodl many coins look very tempting strategy, as some of them might skyrocket while you hodling them, returning huge profits to you. But keep in mind when there is a chance of high return, there is also a chance of high losses.
So you must ask yourself what you are looking for: safer investment, with an average return, or a risky investment with chances of high returns? I prefer the first option: to choose few coins and to stay away from possible shitcoins.
That's my strategy, and I can tell you it's not working if I will judge based on the market situation now.
It's necessary to be updated of all the coins you hold, which this one is impossible to do as it requires a lot of time.
Let's just say, I hold a combine of legit and shitcoins, and the biggest hope for me to make a decent income is when shitcoins pump to the moon.
sr. member
Activity: 2030
Merit: 269
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?





I will check the progress of the coin and how investors react in the market about their coin, you can become a whale of a coin but if there is no way to liquidate your share, then it's not worth it, I prefer a wide portfolio and not rely on one coin hoping to be a whale of that coin
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