How many cryptocurrencies do you invest in?

[Jitmad]

I wish to invest $100 each in top 100.

And profit is guaranteed.

I have invested in 5 of the top 10. I think it is quite profitable.

[jeffytune]

I wish to invest $100 each in top 100.

And profit is guaranteed.

I am not sure if you are being serious, but this is a terrible idea. Look at the performance of the index on http://alt19.com/. It uses a similar methodology as you and it has lost about 95% of its value.

I am a bit retarded but if you look at the numbers the amount of green is way higher than red?

You are not looking at it correctly. Scroll to the bottom and click on alt indices in the dropdown. Take a look at the graph and you will see what I mean. A few years ago the vast majority of the cryptocurrencies are not even existing today. The previous person wanted to invest $100 in 100 cryptocurrencies. That is very similar to the altcoin index. Yes, the ones that now exist are doing well. It is called survivorship bias, and a few years ago ppl did not know what would be existing now, just as now no one knows what will exist in the future.

Very bad website.

I have acted upon your suggestion and still its not clear what its telling. Rubbish!

I wish to invest $100 each in top 100.

And profit is guaranteed.

I have invested in 5 of the top 10. I think it is quite profitable.

If you diversify more your magnitude of result would increase whether profit or loss.

[ulhaq]

What part was not clear? If the graph is not (the dates are on the bottom), you can also download the values in .csv format. Here is an explanation of how the index was constructed:

http://alt19.com/marketindexes.html

[The Sceptical Chymist]

I wish to invest $100 each in top 100.

And profit is guaranteed.

Fuck that, profit is never guaranteed, and it's not like anyone has any inside info on cryptocurrencies.

OP, you could lose your shirt trading altcoins.  There's no predicting what they're going to do and the volatility is insane.  It's even insane for bitcoin itself.  The degenerates over in the gambling section will always tell you this:  Don't gamble what you can't afford to lose, and that holds true for investing in altcoins.  If I could give you any decent advice, it would be to stay away from the shittiest shitcoins, which are the ones that trade for a few satoshis each on places like Yobit.  The market is extremely thin, and you'll have a very hard time getting the prices you want.  Stick to the bigger ones if you must trade.  And don't listen to anyone on this forum, including me. 

[Qartada]

Two.  I hold most of my money in Bitcoin, then I switch a little bit into whichever be altcoin I think has potential to rise significantly in the near future.  I don't want to risk my holdings too much by putting a lot into different shitcoins.

[loreRex]

75% BTC, 1-2 strong alts to hold, and no more than 4-5 alts to trade daily.
I don't like to do more than this, as you start losing control (or investing too much time).

[Jitmad]

75% BTC, 1-2 strong alts to hold, and no more than 4-5 alts to trade daily.
I don't like to do more than this, as you start losing control (or investing too much time).

I do the same. I only trade the XMR, ETH and ZEC.

[Mihaylovic]

8 
long time : ETC ETH MUSICOIN EDG WAVES
short time VIA BTM NAUT

 

[jingsu1]

On the one hand, I would like to diversify due to volatility, but on the other hand, how many of these are actually going to survive? Eventually are we going to have 1 cryptocurrency that is fast, secure, anonymous, can handle smart contracts, and so on, and there will be no reason to use anything else?

Only BTC and ETH at the moment. Always on the lookout for more though!

[nnx3]

Dash last time have a lot of good info, can check in dash.org , but bad news for minner all ASIC was sale via Baikalminer
only masternode give a good profite 8% per year in DASH.


I have XMR, DCR, BTC, ETC ,GNT (golem supercomputer) DASH , SJCX I think all will be a good invest in 3years perspective

[2Pac]

I'm watching new ICO's very close. I buy and sell almost all of them. I played with Pivx, Ark, Incent, Trust, Edg, Waves, Komodo. There are too many new ICO's out there. Bittrex list them very quick and we can trade it right after ICO ends. I don't want to hold too many coins at the same time, most of the time I buy a coin and sell it to buy another one. If it reaches my target price I sell without think twice. Putting a target price for sale is the key factor here.

[I like ur coin]

Somewhere between 30 and 50.

Don't get me wrong, I'm not afraid to dump stuff.

[SkrillexLegit]

Take buy top 10 crypto and keep

[jackychanxxx]

I invest in golem, maid and ardor, I believe they have very big potential

[Jitmad]

Take buy top 10 crypto and keep

Maybe top 20.

[paramind22]

You can't go wrong mirroring what's happening on Poloniex.  That's a good suite of coins.  It's too hard to just look at CMC and see the obscure ones that go up 300% and think you can find them ahead of time.  Reading the annoucement thread is good but it takes a lot of time to know what's really going on.  If you just want to make money, stick to Poloniex coins, but if you want to use your heart, have fun and read up on what people are developing.  I'm trying to do both. 

[bearex]

Invested in about 7 coins, but how much i invested in each differs. So i would say mainly, i am invested in 3 altcoins, Iconomi, Darcrus and Stratis.

[Flyhigh710]

Just now I'm invested in 2 Coins for longterm, in 8 Coins for daytrading and in 3 ICO's

[veridisquo]

Just now I'm invested in 2 Coins for longterm, in 8 Coins for daytrading and in 3 ICO's

which coin ?

[adroitful_one]

I only invest in Bitcoin. All of the others I use for day trading. I can go through handfulls of coins in a week sometimes. But, if I were to invest in a coin for longer term as in until about the end of the year, I would probably buy STEEM.