how to invest in several altcoins simply?

[treather]

Right now, with the altcoins in a low price range, I am thinking of investing small amounts of money in 20 or 30 different altcoins and hold them indefinitely.

Is there a simple way to do this? Buy many in an exchange and store them in the same wallet?

Thank you for your replies

What does indefinitely mean? You mean like satoshi? parlk them in a wallet and never ever use them? That would be a waste of funds mon ani, a lot of these alts are just not worth it.

[Paranuatu]

Right now, with the altcoins in a low price range, I am thinking of investing small amounts of money in 20 or 30 different altcoins and hold them indefinitely.

Is there a simple way to do this? Buy many in an exchange and store them in the same wallet?

Thank you for your replies

What does indefinitely mean? You mean like satoshi? parlk them in a wallet and never ever use them? That would be a waste of funds mon ani, a lot of these alts are just not worth it.

I meant a year or so.

[MrCasey]

Why don't you buy into a fund made out of several coins, let's say ICONOMI has a bunch of them and the fees are pretty small compared to what the gains are.

thanks for the reply! I like this fund idea, its like investment portfolios, the company does all the work? Can you choose which coins you wish to include yourself, or they do it?

You simply buy into any of already existing funds and store the funds on their platform. I think there is 10-15 different ones, check this link  https://www.iconomi.net/dashboard/  

There will also be possibility to make your own fund and let other people buy them in the near future.

[Action Gamble]

I think that's the right time for investment, but invest in 20 altcoins it's a bad thing because it will be hard to survey everyone I propose to u to put all that u have in just 2 or 4 maximum.

[Dakshkapoor]

There numbers of ALTCOINS and you can easily invest on them. The thing you should keep in mind before investing that the altcoins which you are buying should have good market potential. Investing on different Altcoins is a risky thing. So you may first do research on different Altcoins And the altcoin which suits your requiremnet that can be purchased.

[StrikerEureka]

Well first of all you should think about WHY you want to invest in a particular coin. Most of the coins outthere are just scams and ways to make some wannabe entrepreneurs get rich quick and even Vitalik Buterin already mentioned that 90% of alts will die. It is just like in the real world where less than 10% of all startups do succeed. If you just blindly diversify you will just end up losing money. Do your research and only invest in projects you have faith in and then you won´t need 20-30 alts to diversify

[swpceo1]

Check out this recent ICO: http://coindash.io/

[kryptqnick]

Right now, with the altcoins in a low price range, I am thinking of investing small amounts of money in 20 or 30 different altcoins and hold them indefinitely.

Is there a simple way to do this? Buy many in an exchange and store them in the same wallet?

Thank you for your replies

As in case on investing in various coins it is extremely uncomfortable to install all the wallets, I suggest you to use one exchange for most of coins. If you are new to trading then use bittrex. It is among the most trusted exchanges, it has low fees, low min investments and min withdrawals as well as lots of coin listed out there. For coins not listed there use exchanges where the majority of coin is traded to ensure objective prices. You can find this information on coinmarketcap when you click on a coin and then click 'markets'. Now the prices are low, so good luck with your investments!!!

[max6575]

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as displacing the proper of unit with investment to gains with involvesment with the projects of the ico scheme.