Hi,
I want to invest in a lot of coins that will hopefully generate a massive return but also minimize losses.
I did some research by looking at the past 5 years of coin data, and to me it seems like investing in many coins over a long term gives much better returns. But not just 3-5, unless you are very lucky to pick 1000x return coin. But more like 50+ coins.
I saw one guy put $10 on top 100 coins:
https://www.cryptocompare.com/portfolio-public/?id=4397650x return (1K to 50K).
I found another guy who put $100 on top 40 coins but couldn't find his portfolio there. Also 50x return (4K to 200K).
So logically the more coins you pick with less market cap the higher chances it might moon.
The problem is how would you allocate the fund among the coins. Based on market cap, equal, or based on how much you believe in the coin?
Also my idea which might be not very good is to invest say 50-70 coins out of top 200 coins so I will skip some not just put money into top 0-200 or top 50, etc.
Maybe more money for the big coins but less amount for the less known small ones (0.05-0.1 btc each)
What do you guys think?
Thanks in advance.