EnergyPremier (OP)
Newbie
Offline
Activity: 70
Merit: 0
|
|
March 05, 2018, 01:56:02 PM |
|
I was reading some expert opinions about investing in cryptocurrencies and found that it's best to invest in three different cryptos. What is your opinion?
|
|
|
|
|
|
|
|
The trust scores you see are subjective; they will change depending on who you have in your trust list.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
BatuhanU
Newbie
Offline
Activity: 17
Merit: 0
|
|
March 05, 2018, 02:16:43 PM |
|
Fully depends on your strategy, your time-frame and the amount of time you are willing to spend.
|
|
|
|
Kronos21
|
|
March 05, 2018, 02:23:53 PM |
|
There is no such criterion. You can invest in any number of coins. The most important thing is that they bring you income. The number of coins in which you have to invest money is limited only by the amount of money you have. Also you have to have available such quantity of coins that the income from them made sense. For example, if you invest in 1 Satoshi it will not give you the result even if the price increases in x 100.
|
|
|
|
bakujo0817
Member
Offline
Activity: 313
Merit: 11
|
|
March 05, 2018, 02:28:57 PM |
|
theres no minimum or maximum if coin you can hold it depend on you and your money and your strategy it not about how many your coin holding it all about how you can make profit if your coin holding.
|
|
|
|
Don Stefanello
Newbie
Offline
Activity: 182
Merit: 0
|
|
March 05, 2018, 02:29:15 PM |
|
Really no criteria, if holding bigger amounts of fiat value, than bitcoin and/or ethereum should be taking up most of your portfolio, just so you dont feel much loses when alts go to dip because of bitcoin rise or fall
|
|
|
|
vv181
Legendary
Offline
Activity: 1932
Merit: 1273
|
|
March 05, 2018, 02:31:09 PM |
|
You can diversify as much as you can but it's unhealthy. It is not recommended to hold more than 5 coins because you can't keep up anytime with the altcoins project developments. You better to invest a big amount in a few altcoins that you already been trusted and feel the coins has a potential.
|
|
|
|
spooneds1
|
|
March 05, 2018, 02:31:16 PM |
|
There is no limit in investing to different currencies, just be sure that the currency you are investing will increase it price in the future, check their objectives and check the people behind this currency.
|
|
|
|
CuriousGeorge
Sr. Member
Offline
Activity: 1498
Merit: 251
KUWA.ai
|
|
March 05, 2018, 02:37:10 PM |
|
I was reading some expert opinions about investing in cryptocurrencies and found that it's best to invest in three different cryptos. What is your opinion?
It doesn't matter how many projects you are investing on there. As long as the project is promising and then that gives you a lot of profit in the future. If you are investing in garbage projects and that opinions will be useless. The only significant thing to analyze how good the project itself.
|
|
|
|
zenhu
|
|
March 05, 2018, 02:42:23 PM |
|
My advice is dont hold or trading to many coins, youll confused by all of those. Max holding is 10 different cryptocurrency and for the amount you can split it up to you. Coin A 20% coin B 20% etc. just be wise and dont invest more than you can afford to lose.
|
|
|
|
selenophile
Member
Offline
Activity: 244
Merit: 10
|
|
March 05, 2018, 02:44:26 PM |
|
I was reading some expert opinions about investing in cryptocurrencies and found that it's best to invest in three different cryptos. What is your opinion?
it depends on you. If you thinks a lot of coins will rise then expand your portfolio. but just remember the smaller the better. I limit my portfolio on 5 different altcoins
|
|
|
|
VitKoyn
|
|
March 05, 2018, 02:52:52 PM |
|
I was reading some expert opinions about investing in cryptocurrencies and found that it's best to invest in three different cryptos. What is your opinion?
Of course it is a good investment strategy to diversify your portfolio in different kinds of cryptocurrency (and can also be applied in any kinds of investments such as stocks and forex) because it will lessen the chances of huge losses but for me you should only diversify if you will invest huge amount of money, so if you can only invest small amount then focus on one. There is no limit on where you can put your money 2, 3 or more cryptocurrency will be good as long as you can monitor the price of all those coins, so it is still depends on you. I have also invested in different types of coins but I only invest in cryptocurrency of it has a high liquidity and hold it for long term.
|
|
|
|
setifien19
|
|
March 05, 2018, 02:54:09 PM |
|
It completely depends on : The Strategy you are following while trading : DCA/ lump sum strategies. The amount you are willing to afford : 100 k usd is widely different from 1k usd budget The experience you've acquired : a beginner shouldn't take the risk of investing in several coins unlike the pro trader who can easily manage his investments .
|
|
|
|
donotlean
|
|
March 05, 2018, 02:55:07 PM |
|
when i saw the good project i invest it because of that i hold 20-30 tokens but only 3-4 of them are a lot and creats my protfolio's character.
|
|
|
|
Direwolve735
|
|
March 05, 2018, 03:06:05 PM |
|
It depends on how confident you are of certain crypto-currency projects. I believe that you need to invest only in those coins that are personally of interest to you and you are sure that it will be a profitable and successful investment. Before investing, you need to understand the intricacies of the project, analyze the dynamics of the course. So it all depends on your abilities and time. For beginners, I recommend investing in 1-2 coins, whereas confident professionals can do up to 10 projects at the same time.
|
|
|
|
thinkpad99
|
|
March 05, 2018, 03:12:47 PM |
|
I think we can not specify the appropriate number because everybody works differently. It depends about your divisibility of attention. But yes, few coins is the best and the easiest option
|
|
|
|
Ponya
Copper Member
Newbie
Offline
Activity: 140
Merit: 0
|
|
March 05, 2018, 03:15:20 PM |
|
You can try Red Lanterns ICO with minimum 25 ~$25 tokens to buy. This is link https://ico.red-lanterns.com/
|
|
|
|
goldandcrypto
Copper Member
Newbie
Offline
Activity: 32
Merit: 0
|
|
March 05, 2018, 03:17:36 PM |
|
Investing in a basket of cryptos is not different from stocks. None of us know with 100% certainty which coins will eventually be big, but if you do enough research into each, you can increase the probability. 10-15 coins seems like a good number.
|
|
|
|
monalia
Member
Offline
Activity: 685
Merit: 14
|
|
March 05, 2018, 03:21:22 PM |
|
I was reading some expert opinions about investing in cryptocurrencies and found that it's best to invest in three different cryptos. What is your opinion?
Everything is your comfortable in Crypto platform. I cannot understand your expectation I think you are confused in Crypto investment. If you like three cryptocurrency in your portfolio choose right coin. Because everyone is started in beginner then only gain some knowledge in Crypto investment. So before to invest you should check road map of that coin this will helps to choose the best coin.
|
|
|
|
Ponya
Copper Member
Newbie
Offline
Activity: 140
Merit: 0
|
|
March 05, 2018, 03:24:01 PM |
|
Take 5 ICO and check the telegram chat. Ask all questions you have and you understand what the best of.
|
|
|
|
Marvell1
Legendary
Offline
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
|
|
March 05, 2018, 03:34:31 PM |
|
Currently I have 30+ coins/tokens in my portfolio. But it's really hard to track all of them (even with Blockfolio/Cryptocompare) and I suppose that the best amount is 15+-5.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|