Did I diversify too much?

[withche.07]

Not sure, you did it somewhat normal. 10 coins to hold is fine by me. Coins you chose look okayish as well. Litecoin is quite fine to hold in greater portion. Link is nice risky one. Consider salt, please.

[thatkid]

If I were you, I will diversify a bit more. Maybe some XLM, Zcash, Monero and some lesser know token like OST. It is all depends on your risk appetite and volume.

[vv181]

Its okay if you still can manage it. Although keep your assets less and make your investment bigger is a better way. Just find good strong altcoins that have a good roadmap and technologies, then focus on it. Sometimes if the diversifying too big, usually it could be hard to manage.

[kulakvlad]

Only if you feel that way.  I have 35 coins and I want more.

I also have 35 coins and plus 3  ico soon to be added. A bit too much, but I can not resist when I see a promising coin    It will be necessary to sell the part after a good growth

[Kanvashardas]

Personally I would take more Ethereum. Maybe less Litecoin.
And after Bitcoins hits another rise, take a smaller part and buy some low value altcoins.

[ROB18]

I'm not that yet good on investment and portfolio but I know diversification is something a rule of thumb with regards to investing specially for the high risk investment. I think you did a very good job on that part. Good luck mate.

[Inkdatar]

Diversify on holding coins is good there is nothing wrong on choosing and invested in too many coins. Because you are also be the one who holds and can manage your porfolio. Just choose those only goods and those has a monetary value.

[tdot]

Have a look at portfolio theory...diversification helps reduce alot of the idiosyncratic risk / company risk. You then have exposure to market risk i.e. overall crypto market.

You get the most bang for your buck at around 10-15 different holdings, anymore you won't get as much benefit from diversification.

That said, idiosyncratic risk also gives you more potential to get some huge multiple returns...

[sleblanc1469]

I think you must reduce the proportion of main coins in the portfolio. Look at the newest and smallest coins - they have the greatest ability to grow. If those coins can solve a real market problem, they can produce the biggest returns.

[ItsEzMkay]

I don't think there is a thing as diversifying too much but you can diversifying too thin if those are the same things. Anyways I would argue that you could diversify more with more coins and have a smaller range from top to bottom, other than that I don't mind your selections. Make the range tighter though, that should help your results some.

[emmybd]

I think your portfolio is quite normal and I don't think it is too diversified. But your Litecoin percentage is a bit high, you can have 10%- 15% Litecoin and increase Ethereum percentage 35%- 40 percent.

[Poink]

I don't think there is a thing as diversifying too much but you can diversifying too thin if those are the same things. Anyways I would argue that you could diversify more with more coins and have a smaller range from top to bottom, other than that I don't mind your selections. Make the range tighter though, that should help your results some.

I love that...I am stealing it (hope you don't mind) .  

Many seem to think that everyone have the same amount of investment.  IMHO, having 10 coins with $1,000 investment is too thin...but with $20,000, it is fine.

[burdeN]

For example, someone told me it's nonsense to hold btc and ltc, because ltc follows btc pumps/dips and I should only hold 1 of them.
Should I consider adding a privacy coin?
Or even more "platform" coins like eth?

This is bullshit, pretty much every coin follows btc. Except if some coin is pumped or has some major update. You can make sure of this by going on coinmarketcap and see what happens now, when btc is dropping.

[marilyngroom]

Today I've been thinking about people who invested their whole life savings into Bitconnect. Hundreds of thousands of dollars some people losts, because they did not diversify.

[Jating]

For example, someone told me it's nonsense to hold btc and ltc, because ltc follows btc pumps/dips and I should only hold 1 of them.
Should I consider adding a privacy coin?
Or even more "platform" coins like eth?

This is bullshit, pretty much every coin follows btc. Except if some coin is pumped or has some major update. You can make sure of this by going on coinmarketcap and see what happens now, when btc is dropping.

Well this can be true about a couple of years ago. But time has changed buddy. Not every coin now follow the pattern of bitcoin. Heck, in December alone, all coins are enjoying their best year so far. So that's mindset no longer applies to the current state of the market today.

My only comment on his portfolio though is put more money on bitcoin. You mentioned privacy coins, Did investing on Monero cross your mind? Another good coins for me to put some investment on it. And yes, ETH is one coin that I would love to invest as well. Just saying.

[Marvell1]

I think that this investment portfolio has already given you an excellent profit. It's a good time to buy new coins because the whole market has fallen. After such falls you can make a pretty fast profit.

[mikyadel]

diversity means less risks but drop some of these coins and add coins with relatively low marketcap to gain more profits

[nunzio2012]

Hey everyone,

I'm feeling my portfolio is too diversified and I've put too much in the big ones.
Pretty fresh to the cryptoscene, started november. What do you think?

32% Ltc
26% Eth
20% Btc
8% Xrb
5% Eos
5% Trx
2% Ven
1% Iota
1% Eltcoin
<1% Link

No, I think you are having way too more than necessary in LTC. This is the first portfolio in a months where LTC is the leading coin.
You could easily split it between few more alts for higher profit expectation.

[weav]

It will depend on the way you want to invest , i would never hold less then 10% of my portfolio in a coin . Because i think you won't get enough gains even if it moons. If you like that many project i think it is time to pick the best out of them and take a bigger position in it. But if you like to hold small amounts of really high risk coins it can be worth it i guess.

[Poink]

It will depend on the way you want to invest , i would never hold less then 10% of my portfolio in a coin . Because i think you won't get enough gains even if it moons. If you like that many project i think it is time to pick the best out of them and take a bigger position in it. But if you like to hold small amounts of really high risk coins it can be worth it i guess.

Even if you have more than $100,000 invested???