What is the maximum number of different cryptocurrencies we should invest in?

[ovcijisir]

I think there is no maximum, because a lot of them have big potential. Some have more and vast majoriy will fail. It is great idea to invest in all that have some potential for growth.

[dasha_buka]

And each has their own approach , for example, I invested in 10 coins on them . But it is better to choose yourself and not to listen to anyone . To study the projects and to invest , which would then not blame anyone

[kryptqnick]

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?

I'd say that 3 is not the maximum. Investing in about 5-10 currencies is rather okay if you choose, say, a strategy of investing in first 5-10 coins on coinmarketcap and hold for about a year. I calculated elsewhere that so far this strategy would've been a very profitable one. If you pick one or two among them, it can happen that they'll get out of the top and you'll lose overall.
If you want to do trading than it's better to start with 1-2 coins and keep track very attentively. For short-term investment it is better to buy a small amount of coin, so that you don't miss the sell time.

[Cryptock]

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 your thinking, you can invest in more than a hundred or just in two, just invest in coins that you think you could earn, good luck.

[CryptoAlphaStar]

I believe there can be only two strategies:
1) You invest in almost all of the reasonable sounding ones in hopes that one of them will be the next Facebook, google, amazon, etc.
2) You make a really deep research or have a lot of technical knowledge and you stick to 4-5 projects with the max potential.

[cryptoprophecy]

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?

There are no such thing as an ideal number of cryptocurrency investments,it is really depends to you the less coins that less headache you will have.There are no minimum and maximum numbers of coins that you can invest,but for me less coins will be less monitoring everday.Three type of cryptos? these people are surely not an experts because no experts will say which is which because here you need to do your own research.

[nightmanisrightman]

While 3 seems small, I like the idea of keeping it small. Currently I have way more bags than I can handle, and I am looking to get rid of a lot and go under 10. Once I get under 10 coins, I will make it my goal to never go above that again.

[Broker720]

in 3 months i got into 25 coins total, but iam trying to reduce this a bit, because it is hard to be always informed what the different projects are doing.

[JuniAiko]

42

[cryptodagger]

There are no such thing as an ideal number of coisn that you should hold,it is really depends on how many coins you can monitor daily?because if you have bunch of coins and few are failing you wont be able to know it because you have too many coins.Less coins less mistakes remember this the more quality coins you have the less headaches you will receive.

[BlockchainGod]

I think it doesn't matter. You can invest  in all cryptocurrencies, the most important thing in my opinion  to they were investment prospects. IMHO

[minionstar]

I think it's hard to say a certain number. But I believe it's an advantage to have a variety.
Therefore I am trying to diversify what I have.

[TheAndy500]

There is no maximum amount of coins to invest. It all depends on the amount of coins you can control. For me, it's better to have a smaller number of coins, with more profit than a lot, which may be worthless.

[wewe123]

In business and investments there is no limits on how much or how many coins or altcoins you should invest , it is for you to decide if you can or how you manage you investments , your time to monitor your coins in the market index.If you can handle and you have the money to buy bitcoin and other altcoin then you can have as many crypto.

[mautenisis]

There are no restrictions on how many coins you should have,there are no ideal numbers of coins but for me it is better to have less solid coins than bunch of shitcoins that could make your portfolio bleeds when the bitcoin's price has move wildy,quality is better than quantity in any market because if you have more solid coins your portfolio would be better.

[Kunlejoe0]

Well, the answer to that question will largely depend on the depth of your pocket. Cryptocurrency is built in such a way that it is impossible for anyone to be limited by anything. As far as you can see, that is how much you can make in cryptocurrency.

[pedropendukot]

Experts shouldnt have any ideal number of coins,because it is really depends on your capability if you can monitor hundreds of quality coins in a day you can have as many as you can,but in my oppinion the less coins you have the less problems you will get,it is better to have few coins which are quality and solid coins than a bunch of shitcoins.

[pooque]

There are no minimum and maximum requirements for your cryptocurrency investments,but few people suggest that to choose quality coins than a bags of shitcoins because these quality and solid coins would survive into any market situations,stick with the solid coins that you know so that you will be safe from these shitcoin's pumps and dumps..

[MonkeyBrain]

My personal strategy is to diversify into 20 coins.  Within those 20 coins, I choose a variety (value, platform, storage, payment systems, etc.)  I do this because at this early stage everything is still pretty much in development stage and no one really knows which ones will succeed or fail.  This covers a broad area so I don't have FOMO.  I might invest heavier in a few projects I believe in or understand better.  With so many coins and projects out there investing in just a few coins make one seem like a prophet or maybe they just have balls.

[philadey30]

There is no limit to investment in cryptocurrency, you can invest as much as you can on several coins, but just be mindful of making good choice and select cryptocurrency of high potential and avoid shit coins.
The more you invest the more you earn.